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    Alpena, MI Multifamily Properties for Sale

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    Remodeled Duplex Investment Opportunity
    $168,000

    Remodeled Duplex Investment Opportunity

    119 Tuttle Street, Alpena, MI 49707

    Excellent duplex investment with separate utilities in Alpena, Michigan.

    • Separate furnaces, water heaters & electrical services for each unit (tenants pay own utilities).
    • Roof replaced in 2025 with transferrable warranty.
    • Unit 1 recently remodeled with 2023 water heater.
    • Unit 2 has new furnace & water heater (2023).
    • Separate laundry facilities in divided basement with independent access for each unit.
    Updated: Apr 8
    View details
    Two-Unit Ranch Duplex Investment
    $225,000
    2,465 SF

    Two-Unit Ranch Duplex Investment

    386 & 390 S Brooke Street, Alpena, MI 49707

    Handicap accessible duplex with separate utilities and covered parking.

    • Two‑unit ranch duplex provides an exceptional investment opportunity or owner‑occupant potential.
    • Both units are handicap accessible, catering to a wider range of tenants or family members.
    • Each unit has separate utilities and a main floor laundry/mudroom for convenience.
    • Recent upgrades include a new roof (2023) and newer windows, ensuring durability and energy efficiency.
    • Centrally located with convenient covered parking.
    Updated: Oct 29, 2025
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    Waterfront RV Park and Livery
    $2,270,000

    Waterfront RV Park and Livery

    Thriving RV park and canoe livery near downtown Alpena.

    5005 Long Rapids Road, Alpena, MI 49707
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    Based on your search, we've compiled 11 Potential Opportunities for your consideration. Besides 3 Active listings in Alpena, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 Land Listings that present a potential for development.

    Explore Opportunities in Nearby Cities

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

    Waterfront Property with Rental Units
    $525,000
    1,620 SF

    Waterfront Property with Rental Units

    Waterfront property featuring 9 rental units in Greenbush, Michigan.

    5139 Main, Greenbush, MI 48738
    View details
    Renovated Multi-Family with Lake Views
    $550,000
    2,680 SF

    Renovated Multi-Family with Lake Views

    Upgraded property with rental income potential near Houghton Lake.

    5257/5259 W Houghton Lake Drive, Houghton Lake, MI 48629
    View details
    Waterfront Resort with Rental Income
    $1,500,000
    10,000 SF

    Waterfront Resort with Rental Income

    Waterfront home, RV park, and rentals on Houghton Lake.

    10360 West Shore Drive, Houghton Lake, MI 48629
    View details
    Lake Huron Cabin Investment Opportunity
    $450,000
    7.45 Acres

    Lake Huron Cabin Investment Opportunity

    Rental cabins with lake views on 7.45 acres.

    4060 S US-23 Hwy, Greenbush, MI 48738
    View details

    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.

    Recreational Land with Boat Slip
    $32,900
    0.01 Acres

    Recreational Land with Boat Slip

    Low-maintenance seasonal living with trailer, addition, and boat slip.

    831 S Main Street, Au Gres, MI 48703
    View details
    Residential Lot in Prudenville, MI
    Contact for pricing
    0.48 Acres

    Residential Lot in Prudenville, MI

    Partially wooded lot, perfect for a mobile home.

    206 Middle Drive, Prudenville, MI 48651
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    Vista Green RV Resort Lot
    $62,500
    0.07 Acres

    Vista Green RV Resort Lot

    Premium RV lot in Vista Green Resort with full hookups.

    Lot 83 Green Park Dr, Vista Green RD, South Boardman, MI 49680
    View details
    Vista Green RV Resort Lot
    $119,900
    0.11 Acres

    Vista Green RV Resort Lot

    RV resort lot with concrete pad, coach house, and amenities.

    6100 Larson Road, South Boardman, MI 49680
    View details

    Alpena, MI Multifamily Properties Investment Opportunities Market Analysis

    Explore 3 multifamily properties for sale in Alpena, MI, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 0 square feet of properties for sale, with an estimated market value of $2,663,000.

    Sale prices for multifamily properties in Alpena, MI start at $168,000, averaging $887,666, and reaching up to $2,270,000 — 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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