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Alpena, MI Multifamily Properties for Sale

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Ossineke, MI Presque Isle, MI Herron, MI Posen, MI Spruce, MI Lachine, MI Hubbard Lake, MI Black River, MI
Duplex with On-Site Coin Laundry
Updated: May 11
Duplex with On-Site Coin Laundry

310 W Campbell Street, Alpena, MI 49707

$214,900
2,273 sqft
2,273 SF duplex with multiple bedrooms and bathrooms
Year built 1856 with vinyl construction
Coin‑operated laundry for tenants plus dedicated laundry room
Forced‑air heating with natural gas
Ceiling fan cooling
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Updated Victorian Duplex
Updated: May 16
Updated Victorian Duplex

328 W Washington Avenue, Alpena, MI 49707

$264,900
2,352 sqft 0.20 AC lot
2,352‑square‑foot duplex on a 0.2‑acre lot
Two units, each with 2 bedrooms and 1 full bathroom
Built in 1875 with Victorian architectural style
2023 roof, newer vinyl siding, and brick exterior
Two‑car garage plus porch, patio, and balcony
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Immaculate Victorian French Tudor Duplex
Immaculate Victorian French Tudor Duplex

328 W Washington Ave, Alpena, MI 49707

$264,900

Updated Alpena duplex near Lake Huron and downtown.

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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 7 Potential Opportunities for your consideration. Besides 3 Active listings in Alpena, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities

Opportunities in Nearby Cities

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

Mixed-Use Building with Apartments
Mixed-Use Building with Apartments

316 S Bullock Street, Whittemore, MI 48770

$179,900
4,200 sqft 0.30 AC lot

Seven year-round studio apartments accompany an equipped bar and restaurant area.

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Mixed-Use Building with Apartments
Mixed-Use Building with Apartments

316 S Bullock Street, Whittemore, MI 48770

$179,900

Seven year-round studio apartments accompany an equipped bar and restaurant space.

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Lake Huron Cabin Investment Opportunity
Lake Huron Cabin Investment Opportunity

4060 S US-23 Hwy, Greenbush, MI 48738

$450,000
7.45 AC lot

Rental cabins with lake views on 7.45 acres.

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Lake Huron Cabin Investment Opportunity
Lake Huron Cabin Investment Opportunity

4060 S US-23 Hwy, Greenbush, MI 48738

$439,000
7.45 AC lot

Rental cabins with lake views on 7.45 acres.

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Alpena, MI Multifamily Properties Market Trends and Statistics

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 4,625 square feet of properties for sale, with an estimated market value of $744,700.

Sale prices for multifamily properties in Alpena, MI start at $214,900, averaging $248,233, and reaching up to $264,900 — 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

Duplexes 3

Demographics Overview

Population 22K
Population Growth (5Y) +0.7%
Median Household Income $50,699
College Educated 25.7%

High-Yield Neighborhoods for Investment

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

Neighborhood Average Price
49707 $248.2K

Taxes & Financing

Tax Rate (average for all types) 4.00%
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Alpena County

New Delisted

Total CRE Inventory on Market (SF)

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