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    Ellsworth, MI Multifamily Properties for Sale

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    Central Lake, MI Charlevoix, MI Eastport, MI
    Renovated Estate on Saint Clair Lake
    $1,750,000
    4,736 SF
    Renovated Estate on Saint Clair Lake

    9661 Lake, Ellsworth, MI 49729

    Renovated 9-unit estate with lake frontage, ready for short-term rentals.
    • Enjoy 139 feet of private frontage on Saint Clair Lake with water access and sunset views.
    • Meticulously renovated estate with nine beds and nine and a half baths, professionally converted into private units.
    • Ready for high‑yield, short‑term (Airbnb‑style) rentals, offering a turn‑key investment.
    • Expansive 53‑acre property ensuring privacy and exclusivity.
    • Includes modern amenities: dishwasher, dryer, range, refrigerator, and washer.
    Updated: May 21
    View details
    Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 1 Active listings in Ellsworth, 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.

    Mixed-Use Office and Residential Property
    $564,900
    2,329 SF
    Mixed-Use Office and Residential Property

    Three-unit property offering a leased office plus two updated one-bedroom apartments, zoned for B3 uses.

    602 Jackson, Petoskey, MI 49770

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    Mixed-Use Building with Rooftop
    $3,995,000
    10,500 SF
    Mixed-Use Building with Rooftop

    Restored 1915 building combines Bridge Street retail with renovated apartment units and a rooftop gathering area.

    211 Bridge, Charlevoix, MI 49720

    View details
    Mixed-Use Building in Charlevoix, MI
    $349,000
    1,989 SF
    Mixed-Use Building in Charlevoix, MI

    Versatile mixed-use commercial building with business and residential income.

    1301 Bridge, Charlevoix, MI 49720

    View details
    Mixed-Use Building with Rental Micro-Units
    $1,930,000
    22,405 SF
    Mixed-Use Building with Rental Micro-Units

    Commercially zoned building across from a regional hospital with micro rental units and office/retail space.

    525 W Mitchell St, Petoskey, MI 49770

    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.

    Breathtaking Farmland Development Opportunity
    $2,950,000
    74.20 Acres
    Breathtaking Farmland Development Opportunity

    72 acres of high-elevation farmland with sweeping, multi-directional views.

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

    View details
    Traverse City Land with Utilities
    $59,000
    0.52 Acres
    Traverse City Land with Utilities

    Half-acre lot with well, septic, gas, and electric hookup.

    4866 Luanne Lane, Traverse City, MI 49685

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    Tippy Dam Lodge Retreat
    $999,900
    22.24 Acres
    Tippy Dam Lodge Retreat

    Unique lodge in Manistee National Forest with multiple buildings.

    1306 N Tippy Dam Road, Wellston, MI 49689

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    Recreational Camping Lot in Association
    $44,000
    0.75 Acres
    Recreational Camping Lot in Association

    0.75-acre lot with electric hookups and septic connections in a private, gated recreational association.

    4537 Pine Run, Farwell, MI 48622

    View details

    Ellsworth, MI Multifamily Properties Market Trends and Statistics

    Explore 1 multifamily properties for sale in Ellsworth, MI on our real estate platform. These investment opportunities span a total of 4,736 square feet of properties for sale, with an estimated market value of $1,750,000.

    Sale prices for multifamily properties in Ellsworth, MI start at $1,750,000, averaging $1,750,000, and reaching up to $1,750,000 — 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

    Short term rental properties 1

    Demographics Overview

    Population 1,435
    Population Growth (5Y) -9.0%
    Median Household Income $78,365
    College Educated 31.9%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    49729 $1.8M

    Taxes & Financing

    Tax Rate (average for all types) 2.08%
    Property Tax per SF $39.38 per SF
    Tax Rate vs County Average 0.24 pp below county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Antrim County

    New Delisted

    Total CRE Inventory on Market (SF)

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