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Updated Triplex with Storage
New
For Sale
$224,900

826 River Street, Alpena, MI 49707

MultiFamily, Two Story, Alpena, MI

Property Size2,151 SF
Price / SF$104.56
Days on Market7

Property Features for 826 River Street

General Information

Property type Residential Multi Family
Property subtype Triplex
Bedrooms 4
Bathrooms 3
Full bathrooms 3
Rooms Bedroom 2, Bathroom 1, Laundry Room, Bedroom 4, Bedroom 1, Bathroom 3, Bedroom 3, Bathroom 2, Basement
Interior features Smoke Detector, Tile Floors, Vinyl Floors
Basement Block, Full
Appliances Refrigerator, Electric Range
Subdivision Village now City
Elementary school Alpena
High school Alpena
Elementary school district Alpena
Middle school district Alpena
High school district Alpena
Directions River Street Between 10th and 11th
Standard status Active
APN 093-637-000-525-00
Size 2,151 SF

Taxes and HOA fees

Tax Description 826 RIVER ST. LOT 5 BLK 23 OF THE VILLAGE NOW CITY
Legal Description 826 RIVER ST. LOT 5 BLK 23 OF THE VILLAGE NOW CITY

Utilities

Sewer type Public Sewer
Heating system Forced Air, Natural Gas

Amenities

storage space

Building Details

Floors in Building 2
Number of units 3
Building materials Paved Street, Vinyl
Architectural style Other
Listing Agency: UpNorth Property Services
Listed By: Grace M. Marshall · License #6502407664
Added: Sep 14 Changed: Sep 17 Last Checked: Sep 20 at 2:06PM
MLS# 201842871

Copyright © 2026 Water Wonderland Board of 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 2,151-square-foot triplex contains two apartments on the main level and a third unit upstairs. The main-level configuration includes one one-bedroom apartment and one two-bedroom apartment. The upper unit includes access to additional storage at the top of the stairs. Interior features include tile and vinyl flooring, smoke detectors, refrigerators, and electric ranges. Forced-air natural gas heating serves the property, with public sewer available.

A new roof was installed in August 2026, and the property includes newer appliances from Youngs Appliance. A City Rental Certification dated September 8, 2026, is also in place. Ownership covers water and heat, while electricity is separately metered for the units. The property is located at 826 River Street in Alpena, Michigan.

Key Highlights

  • 2,151‑square‑foot triplex with two main‑level units and one upstairs unit
  • Main‑level apartments include one 1‑bedroom unit and one 2‑bedroom unit
  • Additional storage space at the top of the stairs

Property Analytics

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Current Use

Triplexes

Suggested Use

Top Pick Real Estate Agency Dental Office Kitchen & Bath Showroom Furniture & Home Goods Plumbing Service (Bike/Boat/Book/etc) 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

3
Residential units

Location Intelligence

Trade Area within ½ mile

762
Businesses Nearby

Demographics for 49707, MI

22,243
Population
11,974
Households
1.9
Avg Household Size
48
Median Age
19%
College-Educated
94%
High-School Grad
215.4 sq mi
ZIP Area
103
Density / Sq Mi
$50,699
Median Household Income
$32,208
Median Earnings
$642
Median Rent
$134,900
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Midwest region

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

What type of property is this?
Triplex - Three-unit property with separate electric metering and owner-paid water and heat.
Where is this triplex located?
The property is located at 826 River Street Alpena, MI.
What is the asking price?
The asking price for this property is $224,900.
What are key features of this property?
This property features: 2,151‑square‑foot triplex with two main‑level units and one upstairs unit; Main‑level apartments include one 1‑bedroom unit and one 2‑bedroom unit; Additional storage space at the top of the stairs
More about this property
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