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Fully Occupied Multifamily Property
New
For Sale
$75,000

501 N BALL STREET, Cheboygan, MI 49721

MULTI_FAMILY - CHEBOYGAN, MI

Property SizeContact for details
Days on Market3

Property Features for 501 N BALL STREET

General Information

Property type Residential Multi Family
Property subtype Single Family Attached
High school CHEBOYGAN
Standard status Active
Listing Agency: Coldwell Banker Schmidt Realtors - Cheboygan · Coldwell Banker Real Estate
Listed By: Missy Koszegi · License #6506045140
Added: Aug 10 Last Checked: Aug 12 at 12:06AM
MLS# 322732

Copyright © 2026 Coldwell Banker Schmidt REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This multifamily housing property is located within the Cheboygan city limits at 501 N Ball Street. The asset is reported to be fully occupied, providing an established residential income profile.

The property is situated in Cheboygan County, Michigan, with a 49721 ZIP code. Available information identifies the offering as an other multifamily property.

Key Highlights

  • Reported at full occupancy
  • Located at 501 N Ball Street, Cheboygan, MI 49721
  • Multifamily housing asset in Cheboygan County

Property Analytics

Current Use

Multifamily properties

Suggested Use

Top Pick Real Estate Agency Building Supply Furniture & Home Goods Pharmacy Electrical Service Auto Parts Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

100%
Occupancy

Location Intelligence

Trade Area within ½ mile

408
Businesses Nearby

Demographics for 49721, MI

14,058
Population
8,535
Households
1.6
Avg Household Size
50
Median Age
22%
College-Educated
89%
High-School Grad
266.7 sq mi
ZIP Area
53
Density / Sq Mi
$60,840
Median Household Income
$30,807
Median Earnings
$753
Median Rent
$170,000
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Multifamily property - Multifamily housing asset reported at full occupancy within Cheboygan city limits.
Where is this multifamily property located?
The property is located at 501 N BALL STREET Cheboygan, MI.
What is the asking price?
The asking price for this property is $75,000.
What are key features of this property?
This property features: Reported at full occupancy; Located at 501 N Ball Street, Cheboygan, MI 49721; Multifamily housing asset in Cheboygan County
More about this property
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