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Alden, MI Multifamily Properties for Sale

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Bellaire, MI Rapid City, MI Mancelona, MI Kewadin, MI Kalkaska, MI Elk Rapids, MI Williamsburg, MI Traverse City, MI
Short-Term Rental Property with Lake Access
Updated: Aug 21
Short-Term Rental Property with Lake Access

8923 S East Torch Lake Dr, Alden, MI 49612

$500,000
2.00 AC lot
150 feet of shared sandy‑bottom Torch Lake access
2‑acre parcel shaded by mature oak trees
2‑bedroom, 2‑bath primary home with open‑concept layout
Older 2‑bedroom, 2‑bath mobile home with natural gas heat
Finished 15 x 18 outbuilding with natural gas heater
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Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 1 Active listings in Alden, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 1 Land Listings that present a potential for development.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Restored Cottage Court Resort
Restored Cottage Court Resort

917 S Bayshore Drive, Elk Rapids, MI 49629

$1,750,000
5.00 AC lot

Ten renovated cottages with shared outdoor gathering areas sit across from public beach access.

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Mixed-Use Property with Garage
Mixed-Use Property with Garage

312 Pine Street, Elk Rapids, MI 49629

$495,000
3,475 sqft

R-2-zoned property with grandfathered commercial use and potential for residential or approved community-oriented conversion.

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Updated Duplex with Ranch Layout
Updated Duplex with Ranch Layout

7228 S M-88, Bellaire, MI 49615

$394,000
1,784 sqft 1.00 AC lot

Two residential units include remodeled kitchens, bathrooms, and dedicated laundry areas.

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Updated Duplex with Two Units
Updated Duplex with Two Units

7228 S M-88, Bellaire, MI 49615

$394,000
1,784 sqft 1.00 AC lot

Ranch-style duplex with refreshed kitchens, remodeled bathrooms, and laundry accommodations serving both units.

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Elevated Farmland Development Parcel
Elevated Farmland Development Parcel

Parcel C E Duck Lake Road, Suttons Bay, MI 49682

$2,600,000
74.20 AC lot

Developable farmland parcel offers ridge-top elevation and multi-directional water views near Suttons Bay.

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Alden, MI Multifamily Properties Market Trends and Statistics

Explore 1 multifamily properties for sale in Alden, MI on our real estate platform.

Sale prices for multifamily properties in Alden, MI average $500,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Short term rental properties 1

Demographics Overview

Population 1,349
Population Growth (5Y) +15.9%
Median Household Income $84,643
College Educated 66.7%

High-Yield Neighborhoods for Investment

Identify Alden submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
49612 $500K

Taxes & Financing

Tax Rate (average for all types) 3.19%
Property Tax per SF $41.13 per SF
Tax Rate vs County Average 0.87 pp above county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Antrim County

New Delisted

Total CRE Inventory on Market (SF)

Average Property Price per SF

For-sale pricing trends across core commercial property types in Antrim County

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