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    Alpena, MI Multifamily Properties for Sale

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    Crittenden, KY Posen, MI Herron, MI
    Immaculate Victorian Duplex Near Lake Huron
    $289,900
    2,352 SF

    Immaculate Victorian Duplex Near Lake Huron

    328 W Washington, Alpena, MI 49707

    Updated Alpena duplex, a turn-of-the-century investment property.

    • Immaculate, updated duplex in Alpena's historical district, ideal for investment.
    • Prime location: just 4 blocks from Lake Huron and a short walk to downtown.
    • Two spacious units, each with 2 bedrooms, 1 bath, updated kitchens and bathrooms, and laundry.
    • Features include hardwood floors, ornate woodwork, custom built‑ins, and 9' ceilings.
    • Exterior boasts new vinyl siding, brick, newer roof (2023), porch, and balcony.
    Updated: May 16
    View details
    Immaculate Victorian French Tudor Duplex
    $289,900

    Immaculate Victorian French Tudor Duplex

    328 W Washington Ave, Alpena, MI 49707

    Updated Alpena duplex near Lake Huron and downtown.

    • Immaculate, updated duplex in Alpena, ideal for investment.
    • Located 4 blocks from Lake Huron and a short walk to downtown.
    • Historical district location on Washington Ave, near bike path.
    • Each unit features 2 bedrooms, 1 updated bathroom, updated kitchen with newer appliances, and spacious laundry room.
    • Features include hardwood floors, ornate wood workings, custom built‑ins, and 9' ceilings.
    Updated: May 16
    View details
    Waterfront RV Park and Livery
    $2,270,000
    26.00 Acres

    Waterfront RV Park and Livery

    Thriving RV park and canoe livery near downtown Alpena.

    5005 Long Rapids Road, Alpena, MI 49707
    View details
    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.

    Opportunities in Nearby Cities

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

    Gaylord Duplexes: Income Opportunity
    $725,000
    3,440 SF

    Gaylord Duplexes: Income Opportunity

    Two duplexes built in 2023, great for rental income.

    126 & 128 E Mill Street, Gaylord, MI 49735
    View details
    Gaylord Commercial Opportunity For Sale
    $289,000

    Gaylord Commercial Opportunity For Sale

    Fourplex and office building with development potential on South Otsego.

    2258 S Otsego Avenue, Gaylord, MI 49735
    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
    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
    Contact for pricing
    0.01 Acres

    Recreational Land with Boat Slip

    Land with trailer, addition, and boat slip near Au Gres.

    831 S Main Street, Au Gres, MI 48703
    View details
    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
    RV Lot in Vista Green Resort
    $62,500
    0.07 Acres

    RV Lot in Vista Green Resort

    Premium RV lot with full hook-ups in resort community.

    Lot 83 Green Acres Drive, South Boardman, MI 49680
    View details
    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
    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 2,352 square feet of properties for sale, with an estimated market value of $289,900.

    Sale prices for multifamily properties in Alpena, MI start at $289,900, averaging $289,900, and reaching up to $289,900 — 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

    Duplexes 3
    Mobile home & RV parks 1

    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 median listing prices of real estate assets

    Neighborhood Average Price
    49707 $1.2M

    Taxes & Financing

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

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