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    Big Rapids, MI Multifamily Properties for Sale

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    Stanwood, MI Reed City, MI Rodney, MI
    6 results
    Historic Victorian Multifamily Property
    $679,000
    0.53 Acres
    Historic Victorian Multifamily Property

    414 Maple Street, Big Rapids, MI 49307

    Eastlake-style Victorian masterpiece, currently a commercial space with rental units.
    • Rare, historically significant 1896 Eastlake‑style Victorian home built by prominent figure D.F. Comstock.
    • Meticulously restored in 2006, showcasing original hardwood floors, solid plank walls, and period‑appropriate details.
    • Features exquisite woodwork with a variety of fine woods, lavish trims, pocket doors, and a grand staircase.
    • Boasts soaring ceilings and five stained glass windows, enhancing the home's grand and open feel.
    • Includes 4 fireplaces with unique character.
    Updated: Mar 5
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    Big Rapids Multifamily Investment Opportunity
    $490,000
    5,500 SF
    Big Rapids Multifamily Investment Opportunity

    Big Rapids, MI 49307

    Fully occupied 6-unit property near Ferris State University.
    • Fully occupied 6‑unit multifamily property near Ferris State University for consistent rental income.
    • Increase Net Operating Income (NOI) by billing back water to tenants with separate water meters.
    • Upside potential through rent increases to market rates ($1,050/month for 2‑bedroom units).
    • Coin‑operated laundry provides approximately $300/month in additional income.
    • Three newer furnaces (under 2 years old) reduce near‑term capital expenditure.
    Updated: May 6
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    Big Rapids Multifamily Investment Opportunity
    $249,900
    0.25 Acres
    Big Rapids Multifamily Investment Opportunity

    Two-unit property with four bedrooms each, great income potential.

    226 2nd Avenue, Big Rapids, MI 49307

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    Triplex Near Downtown and University
    $204,900
    Triplex Near Downtown and University

    Triplex near downtown and university, generating $2125 monthly.

    315 Rust Ave, Big Rapids, MI 49307

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    Big Rapids Multifamily Investment Property
    $264,900
    0.17 Acres
    Big Rapids Multifamily Investment Property

    Three-unit building near Ferris State University with potential for expansion.

    117 S Warren Avenue, Big Rapids, MI 49307

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    Big Rapids Multifamily Investment Opportunity
    Contact for pricing
    Big Rapids Multifamily Investment Opportunity

    Multifamily properties near Ferris State University in Big Rapids, MI.

    Various, Big Rapids, MI

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    Based on your search, we've compiled 14 Potential Opportunities for your consideration. Besides 6 Active listings in Big Rapids, 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 with Detached Four-Car Garage
    $318,900
    3,744 SF
    Duplex with Detached Four-Car Garage

    Duplex with rental income potential near multiple lakes.

    10215 S Lake Station, Lake, MI 48632

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    Waterfront Cabins on Crooked Lake
    $649,000
    3,164 SF
    Waterfront Cabins on Crooked Lake

    Four updated cabins on Crooked Lake with 109' frontage.

    1249 N CROOKED, Lake, MI 48632

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    Profitable RV Park Near Ludington
    $5,500,000
    Profitable RV Park Near Ludington

    RV park with cabins, tent sites, and expansion potential.

    11713 West 40th Street, Baldwin, MI 49402

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    Duplex in Baldwin Investment Opportunity
    $134,900
    1,640 SF
    Duplex in Baldwin Investment Opportunity

    Duplex with two units, updated in 2021, great investment.

    1038 Michigan Avenue, Baldwin, MI 49304

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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.

    Recreational Land in Gated Community
    $44,000
    0.75 Acres
    Recreational Land in Gated Community

    0.75-acre lot with hookups in White Birch Lakes Association.

    4537 Pine Run, Farwell, MI 48622

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    Residential Land in Riverdale
    Contact for pricing
    0.67 Acres
    Residential Land in Riverdale

    Vacant residential land suitable for building or mobile home placement.

    TBD N Lumberjack Road, Riverdale, MI 48877

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    Land For Sale
    $67,999
    Land For Sale

    Land available in Mason County.

    4993 E Wetland Trail, Custer, MI 49405

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    Recreational Land Bordering National Forest
    $39,900
    0.96 Acres
    Recreational Land Bordering National Forest

    RV recreational lot bordering Manistee National Forest.

    V/L E Kissing Oaks Trail, Custer, MI 49405

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    Big Rapids, MI Multifamily Properties Investment Opportunities Market Analysis

    Explore 6 multifamily properties for sale in Big Rapids, MI, showcased through 6 active listings on our real estate platform. These investment opportunities span a total of 8,300 square feet of properties for sale, with an estimated market value of $589,500.

    Sale prices for multifamily properties in Big Rapids, MI start at $89,500, averaging $294,750, and reaching up to $500,000 — 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

    Triplexes 3
    Apartment buildings 2
    Duplexes 1

    Demographics Overview

    Population 18K
    Population Growth (5Y) -13.0%
    Median Household Income $54,803
    College Educated 41.5%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    49307 $377.7K

    Taxes & Financing

    Tax Rate (average for all types) 2.26%
    Tax Rate vs County Average 0.19 pp above county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    Total CRE Area on Market Trend

    Average Price per SF — Office

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