Multifamily

Bessemer, MI Multifamily Properties for Sale

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Two-Story Quadplex
Updated: May 4
Two-Story Quadplex

10740 N Cannonball Court, Bessemer, MI 49911

$209,000
2,592 sqft 0.96 AC lot
Four‑unit configuration with three one‑bedroom apartments and one two‑bedroom apartment
2,592 square feet on 0.96 acres
Full basement with shared laundry area and exterior entrance
Two units updated with flooring, light fixtures, and appliances
Newer bathrooms throughout the property
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Four-Unit Apartment Property
Updated: Mar 18
Four-Unit Apartment Property

10740 Cannonball Court, Bessemer, MI 49911

$209,000
2,592 sqft
Four units: three one‑bedroom units and one two‑bedroom unit
2,592 square feet with a full basement and walk‑out access
Shared laundry area includes a separate exterior entrance
Two units updated with new flooring, light fixtures, and appliances
Central air and forced‑air propane heating
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See hot listings in Bessemer

Scored against comparables nationwide. These are worth a look.

Scored against comparables nationwide. These are worth a look.

Cap Rate available after sign in
Est. NOI available after sign in
Local Demand available after sign in
Based on your search, we've compiled 7 Potential Opportunities for your consideration. Besides 2 Active listings in Bessemer, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 1 Off-Market properties to explore as potential leads

Opportunities in Nearby Cities

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

Four-Residence Quadplex
Four-Residence Quadplex

5216 E Sunset Road, Ironwood, MI 49938

$334,990
2,432 sqft 1.73 AC lot

Four separately deeded residences offer flexible ownership and leasing arrangements on a shared property.

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Updated Two-Unit Duplex
Updated Two-Unit Duplex

10342 N Lake Road, Ironwood, MI 49938

$210,000
2,040 sqft 0.99 AC lot

Up-and-down configuration offers two independent living areas with kitchens, bedrooms, bathrooms, and a shared laundry room.

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

115-117 E Bennett Avenue, Mellen, WI 54546

$250,000
3,744 sqft 0.05 AC lot

Commercial space and two apartments occupy this brick-and-siding building with public water and sewer.

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

119-121 E Bennett Avenue, Mellen, WI 54546

$275,000
3,588 sqft 0.05 AC lot

Mixed-use property combines a post office with residential units above.

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Off-Market Properties in Bessemer, MI

Consider similar Off-Market properties in Bessemer, MI. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

E6280 Snowdrift St
Multifamily properties

E6280 Snowdrift St, Bessemer, MI 49938

Estimated value: by Request
1,920 sqft 0.27 AC lot
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Bessemer, MI Multifamily Properties Market Trends and Statistics

Explore 3 multifamily properties for sale in Bessemer, MI on our real estate platform. These investment opportunities span a total of 5,184 square feet of properties for sale, with an estimated market value of $418,000.

Sale prices for multifamily properties in Bessemer, MI average $209,000 — 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

Quadplexes 2

Demographics Overview

Population 2,843
Population Growth (5Y) +3.4%
Median Household Income $51,326
College Educated 26.6%

High-Yield Neighborhoods for Investment

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

Neighborhood Average Price
49911 $209K

Taxes & Financing

Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Gogebic County

New Delisted

Total CRE Inventory on Market (SF)

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