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Cheboygan, MI Multifamily Properties for Sale

$102,000

Cheboygan Duplex with Immediate Occupancy

354 Sammons St, Cheboygan, MI 49721

Duplex in Cheboygan, MI, partially updated and ready for occupancy.

Two Units: Featuring a 3 bed, 1 bath upper unit and a 2 bed, 1 bath lower unit.
Immediate Occupancy: Available for immediate move‑in.
Appliances Included: Comes with a Refrigerator and Electric Range.
Multiple Bedrooms: Offers a total of 5 bedrooms across both units.
Public Sewer: Connected to public sewer system.

Last Update: Nov 17

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Cheboygan Multifamily Investment Opportunity

$499,000

7,500 SF

Cheboygan Multifamily Investment Opportunity

726 S Huron St, Cheboygan, MI 49721

Fully occupied 6-unit apartment complex near McLaren Hospital.

Fully occupied 6‑unit apartment complex.
Prime location directly across from McLaren Hospital and minutes from Downtown Cheboygan.
Approximately 8.35% CAP rate.
Value‑add potential through future development of excess acreage (2.5 ± acres total).
Each unit includes two private parking spaces, a semi‑private backyard area, and a dedicated storage shed.

Last Update: Nov 8

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Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 2 Active listings in Cheboygan, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities

Explore Opportunities in Nearby Cities

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

$350,000

1,816 SF

Petoskey Duplex: Income Potential

Centrally located Petoskey duplex with income potential near downtown.

513 Liberty St, Petoskey, MI 49770

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Versatile Commercial Property Near Hospital

$1,997,000

10,580 SF

Versatile Commercial Property Near Hospital

Commercially zoned property with multiple rental opportunities near downtown.

525 W Mitchell St, Petoskey, MI 49770

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$325,000

4,822 SF

Downtown Gaylord Mixed-Use Building

Commercial building with mixed-use potential and upper-level apartment.

144 W Main St, Gaylord, MI 49735

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$275,000

0.38 Acres

Mixed-Use Property in Downtown Gaylord

Commercial space with office, apartment, and garage in downtown.

1412 S Otsego Ave, Gaylord, MI 49735

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Cheboygan, MI Multifamily Properties Investment Opportunities Market Analysis

Explore 2 multifamily properties for sale in Cheboygan, MI on our real estate platform. These investment opportunities span a total of 108,900 square feet of properties for sale, with an estimated market value of $499,000.

Prices for multifamily properties in Cheboygan, MI start at $499,000, averaging $499,000, and reaching up to $499,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you have the most current data.

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Cheboygan, MI Multifamily Properties for Sale

Cheboygan Duplex with Immediate Occupancy

Duplex in Cheboygan, MI, partially updated and ready for occupancy.

Cheboygan Multifamily Investment Opportunity

Fully occupied 6-unit apartment complex near McLaren Hospital.