Algonac, MI
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    Algonac, MI Multifamily Properties for Sale

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    Harsens Island, MI Clay Township, MI Marine City, MI
    Three-Unit Multifamily with Conversion Potential
    $225,000
    2,060 SF
    Three-Unit Multifamily with Conversion Potential

    1719 Saint Clair River Drive, Algonac, MI 48001

    One-bedroom units with central air and exterior decks, plus basement laundry and flexibility to convert to four units.
    • Multi‑family home currently used as a three‑unit, with an easy conversion back to a four‑unit layout
    • Each unit has 1 bedroom, 1 full bath, central air conditioning, and an exterior deck
    • Basement includes a laundry facility plus a large convenience room with a nook
    • Public water service
    • Location near Algonac State Park with scenic river views
    Updated: Feb 19
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    Riverview Apartment Building
    $595,000
    4,565 SF
    Riverview Apartment Building

    1523 Saint Clair River Drive, Algonac, MI 48001

    Seven-unit residential income property with separate gas and electric meters and refreshed interiors with updated sewer.
    • 7‑unit property in downtown Algonac with a mix of one 2‑bedroom unit, five 1‑bedroom units, and a flat
    • Face‑lift updates in the last 5 years, including new flooring, new tile bathrooms, and fresh paint
    • Separate meters for gas and electric
    • Sewer (inside) updated, plus coin‑op washer and dryer
    • 9 ft ceilings and colonial architectural style; central air and forced‑air oil heat
    Updated: Jun 9, 2025
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    Algonac Multi-Unit Investment Opportunity
    $225,000
    Algonac Multi-Unit Investment Opportunity

    Three-unit property near Algonac State Park, potential for four units.

    1719 Saint Clair River Dr, Algonac, MI 48001

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    Based on your search, we've compiled 11 Potential Opportunities for your consideration. Besides 3 Active listings in Algonac, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 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.

    Duplex in Mount Clemens, MI
    $239,000
    2,450 SF
    Duplex in Mount Clemens, MI

    Duplex with income potential near shopping and dining.

    121 Jones St, Mount Clemens, MI 48043

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    Updated Triplex Investment Property
    $349,900
    2,134 SF
    Updated Triplex Investment Property

    Three-unit triplex with contemporary interior finishes and in-place city rental inspections.

    40 Ahrens Street, Mount Clemens, MI 48043

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    Four-Unit Multifamily Property on Main
    $225,000
    Four-Unit Multifamily Property on Main

    Four units in prime rental area near downtown shopping.

    70550 Main St, Richmond, MI 48062

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    Four-Unit Multifamily Property on Main
    $225,000
    0.21 Acres
    Four-Unit Multifamily Property on Main

    Four units in prime rental area near downtown shopping.

    70550 Main Street, Richmond, MI 48062

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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.

    Expansive Land with Development Potential
    $6,900,000
    354.27 Acres
    Expansive Land with Development Potential

    350+ acres of prime land with two scenic lakes.

    VL N Fleming Road, Fowlerville, MI 48836

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    Eastlake Marina District Land
    $765,000
    5.66 Acres
    Eastlake Marina District Land

    5.66 acres in Eastlake's Marina District, primed for development.

    35783 Lake Shore Boulevard, Eastlake, OH 44095

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    Improved Marina Condominium Lot
    Contact for pricing
    0.01 Acres
    Improved Marina Condominium Lot

    Includes a boat slip and improved trailer setup for low-maintenance seasonal recreation near Au Gres amenities.

    831 S Main Street, Au Gres, MI 48703

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    Sanford Vacant Land with Utilities
    Contact for pricing
    0.80 Acres
    Sanford Vacant Land with Utilities

    Two lots with water and electric hookups, lake access.

    978 timberlynn trail, Sanford, MI 48657

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    Algonac, MI Multifamily Properties Investment Opportunities Market Analysis

    Explore 3 multifamily properties for sale in Algonac, MI, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 6,625 square feet of properties for sale, with an estimated market value of $820,000.

    Sale prices for multifamily properties in Algonac, MI start at $225,000, averaging $410,000, and reaching up to $595,000 — 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

    Apartment buildings 2
    Triplexes 2

    Demographics Overview

    Population 12K
    Population Growth (5Y) -3.2%
    Median Household Income $64,538
    College Educated 24.1%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    48001 $348.3K

    Taxes & Financing

    Tax Rate (average for all types) 3.88%
    Property Tax per SF $67.26 per sq ft
    Average Loan-to-Value 65.0%

    Listings Trend

    Total CRE Area on Market Trend

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