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    East Jordan, MI
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    East Jordan, MI Multifamily Properties for Sale

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    Ellsworth, MI Boyne City, MI Charlevoix, MI Central Lake, MI Eastport, MI Boyne Falls, MI Bellaire, MI Petoskey, MI
    Waterfront Mixed-Use Property
    Updated: Jul 23, 2024
    Waterfront Mixed-Use Property

    204 Water Street, East Jordan, MI 49727

    $4,999,000
    19,845 sqft 3.40 AC lot
    8‑parcel mixed‑use assemblage totaling 3.4 acres
    360 feet of Lake Charlevoix waterfront
    19,845 square feet of improvements
    Wedding and special‑event venue with lake views
    Boat restoration warehouse plus office or retail building
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    2023-Built Four-Unit Townhouse Complex
    Updated: Aug 31
    2023-Built Four-Unit Townhouse Complex

    710 Water Street, East Jordan, MI 49727

    $1,100,000
    5,360 sqft
    Four‑unit townhouse property built in 2023
    Three 3‑bedroom, 2.5‑bath units and one 2‑bedroom, 2.5‑bath unit
    Private rear decks, dedicated carports, and full appliance packages installed in 2023
    Natural gas forced‑air heat, central air conditioning, and independent utility metering
    Units 3 and 4 have had the same tenants for three years
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    Two-Unit Duplex Near Lake Access
    Two-Unit Duplex Near Lake Access

    105 & 107 Bridge Street, East Jordan, MI 49727

    $231,900
    960 sqft

    Duplex with two one-bedroom units and city utilities, near East Jordan City boat launch and local conveniences.

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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Two-Unit Duplex with City Utilities
    Two-Unit Duplex with City Utilities

    825 & 827 Vance Street, East Jordan, MI 49727

    $249,900
    1,344 sqft

    R1-zoned property containing two residences, each configured with two bedrooms and supported by municipal utilities.

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    Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 4 Active listings in East Jordan, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 1 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.

    Historic Apartment Compound
    Historic Apartment Compound

    4987 Loeb Road, Charlevoix, MI 49720

    $1,495,000
    6,317 sqft

    Three-building multifamily property with renovated interiors, natural gas heating, and Commercial zoning.

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    Commercial Development Land with Road Frontage
    Commercial Development Land with Road Frontage

    1314/1316 Boyne Avenue, Boyne City, MI 49712

    $995,000
    2,005 sqft 1.89 AC lot

    High-visibility industrial-comm parcel with extensive frontage, city sewer access, and existing rental residences.

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    Three-Building Apartment Compound
    Three-Building Apartment Compound

    4987 Loeb Road, Charlevoix, MI 49720

    $1,495,000
    6,317 sqft 2.00 AC lot

    Leased residential units occupy a flexible multifamily layout with approved capacity for additional occupancy.

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    Commercial Land with Road Frontage
    Commercial Land with Road Frontage

    1314/1316 M-75, Boyne City, MI 49712

    $995,000
    2,500 sqft 1.89 AC lot

    Nearly 2 acres with 270 feet of high-visibility frontage, city sewer access, and two rental homes plus an accessory pole barn.

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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.

    Elevated Farmland Development Parcel
    Elevated Farmland Development Parcel

    Parcel C E Duck Lake Road, Suttons Bay, MI 49682

    $2,600,000
    74.20 AC lot

    Developable farmland parcel offers ridge-top elevation and multi-directional water views near Suttons Bay.

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    East Jordan, MI Multifamily Properties Market Trends and Statistics

    Explore 4 multifamily properties for sale in East Jordan, MI, showcased through 4 active listings on our real estate platform. These investment opportunities span a total of 27,509 square feet of properties for sale, with an estimated market value of $6,580,800.

    Sale prices for multifamily properties in East Jordan, MI start at $231,900, averaging $1,645,200, and reaching up to $4,999,000 — 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

    Duplexes 2
    Quadplexes 1
    Short term rental properties 1

    Demographics Overview

    Population 6,595
    Population Growth (5Y) -12.8%
    Median Household Income $70,288
    College Educated 32.9%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    49727 $1.8M

    Taxes & Financing

    Tax Rate (average for all types) 3.93%
    Property Tax per SF $3.90 per SF
    Tax Rate vs County Average 0.60 pp above county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Charlevoix County

    New Delisted

    Total CRE Inventory on Market (SF)

    Average Property Price per SF

    For-sale pricing trends across core commercial property types in Charlevoix County

    Residential Income

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