Cheboygan County, MI Multifamily properties for sale

Updated: Aug 15

Riverfront Short-Term Rental Property

4179 S Straits Highway, Indian River, MI 49749

$215,000

399 sqft 1.17 AC lot

1.17‑acre short‑term rental property along the Sturgeon River
399 square feet with a bathroom and fireplace
Log construction with a metal roof
2026 complete remodel identified in the property information
Fully furnished and equipped

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Updated: Aug 15

Remodeled Furnished River Cabin

4179 S Straits Highway, Indian River, MI 49749

$210,000

446 sqft 1.17 AC lot

446 square feet with 1.17 acres
Completely remodeled in 2026
Furnished and equipped for short‑term rental use
Log construction with metal roof, fireplace, and fire pit
Located along the Sturgeon River with Inland Waterway access

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Renovated Triplex with Vacant Unit

321 Dresser Street, Cheboygan, MI 49721

$209,900

Three apartments include two one-bedroom units and one two-bedroom unit.

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Remodeled Furnished Short-Term Rental

4-4179 S Straits Hwy, Indian River, MI 49749

$215,000

399 sqft

Fully furnished and equipped riverfront lodging property with access to Northern Michigan’s Inland Waterway system.

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Renovated Two-Unit Duplex

Wolverine, MI 49799

$289,900

1,600 sqft

Updated rental duplex with separate utilities, individual laundry, and proximity to downtown amenities and outdoor recreation.

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6-Unit Apartment Building

123 N BAILEY STREET, Cheboygan, MI 49721

$399,000

Attached garage, storage, basement space, and paved rear parking support the property’s residential configuration.

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Remodeled Furnished Short-Term Rental Cabin

3-4179 S Straits Hwy, Indian River, MI 49749

$199,900

360 sqft

Cabin association property along the Sturgeon River with furnishings and equipment included.

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Six-Unit Apartment Building

123 North Bailey Street, Cheboygan, MI 49721

$399,000

16,718 sqft

Commercially zoned property with rear paved parking, an attached garage, and storage space.

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Cheboygan County, MI Multifamily Properties Market Trends and Statistics

Explore 8 multifamily properties for sale in Cheboygan County, MI, showcased through 8 active listings on our real estate platform. These investment opportunities span a total of 19,922 square feet of properties for sale, with an estimated market value of $2,137,700.

Sale prices for multifamily properties in Cheboygan County, MI start at $199,900, averaging $267,212, and reaching up to $399,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.