Add Listing
    Caro, MI
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Property Types
    1
    • Retail
    • Office
    • Residential Income
    • Restaurants
    • Industrial
    • Mixed-Use
    • Hospitality
    • Health Care
    • Sports & Entertainment
    • Land
    • Agricultural
    • Specialty
    Price
    Price
    $
    $

    Caro, MI Multifamily Properties for Sale

    Notify Me
    List
    Map
    Vassar, MI Kingston, MI Silverwood, MI
    Restaurant, Bar with Apartments
    $450,000
    3,368 SF
    Restaurant, Bar with Apartments

    261 N State Street, Caro, MI 48723

    Restaurant/bar with two apartments in downtown Caro, Michigan.
    • Fully functioning restaurant/bar with existing customer base.
    • Sale includes liquor license.
    • Two upstairs apartments provide rental income potential.
    • Prime downtown Caro location.
    • The two‑bedroom apartment has been recently touched up.
    Updated: Oct 22, 2025
    View details
    Value-Add Investment Opportunity
    $459,900
    5,934 SF
    Value-Add Investment Opportunity

    Caro, MI 48723

    4.5-acre property with storage units, commercial space, and apartment.
    • Multiple income streams from storage units, commercial lease, apartment, and billboard.
    • Substantial value‑add investment opportunity on 4.5 acres.
    • Existing commercial lease generating $2,200/month.
    • Includes 32 storage units.
    • Features a 2‑bedroom apartment generating $650/month.
    Updated: Feb 4, 2025
    View details
    Based on your search, we've compiled 10 Potential Opportunities for your consideration. Besides 2 Active listings in Caro, 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.

    Brick Duplex with Separate Entrances
    $44,900
    0.19 Acres
    Brick Duplex with Separate Entrances

    Solid brick 2-unit duplex with newer roof, hardwood floors, full basement, and separate electric service for the upper unit.

    544 S 13th Street, Saginaw, MI 48601

    View details
    Brick Multi-Family Home with Garage
    $56,000
    1,800 SF
    Brick Multi-Family Home with Garage

    Multi-family home featuring two units and a two-car garage.

    544 S 13th St, Saginaw, MI 48601

    View details
    Brick Garden-Style Quadplex
    $425,000
    3,132 SF
    Brick Garden-Style Quadplex

    Four 2-bedroom units with full basements and separately metered, tenant-paid utilities near hospital, schools, and shopping.

    2311 22nd St, Bay City, MI 48708

    View details
    Renovated Duplex in Hampton Township
    $225,000
    0.28 Acres
    Renovated Duplex in Hampton Township

    Turn-key duplex with updated units, garages, and strong cash-flow.

    2114 Avalon, Bay City, MI 48708

    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.

    Improved Marina Condominium Lot
    Contact for pricing
    0.01 Acres
    Improved Marina Condominium Lot

    Includes a boat slip and improved trailer setup for low-maintenance seasonal recreation near Au Gres amenities.

    831 S Main Street, Au Gres, MI 48703

    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
    Expansive Land with Development Potential
    $6,900,000
    354.27 Acres
    Expansive Land with Development Potential

    350+ acres of prime land with two scenic lakes.

    VL N Fleming Road, Fowlerville, MI 48836

    View details
    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

    View details

    Caro, MI Multifamily Properties Investment Opportunities Market Analysis

    Explore 2 multifamily properties for sale in Caro, MI on our real estate platform. These investment opportunities span a total of 9,302 square feet of properties for sale, with an estimated market value of $909,900.

    Sale prices for multifamily properties in Caro, MI start at $450,000, averaging $454,950, and reaching up to $459,900 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

    List
    Map

    Top Commercial Asset Segments

    Apartment buildings 3

    Demographics Overview

    Population 12K
    Population Growth (5Y) -0.6%
    Median Household Income $56,618
    College Educated 24.2%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    48723 $455K

    Taxes & Financing

    Tax Rate (average for all types) 4.73%
    Average Loan-to-Value 65.0%

    Listings Trend

    Need Help?

    Reach out if you need assistance with Realmo tools or have questions about your listings

    Popular Searches in Caro, MI

    Popular Categories

    Most Searched ZIP Codes in Caro, MI

    • 48723

    Select Neighborhood

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!