Emmet County, MI Multifamily properties for sale

Updated: Jul 2

Mixed-Use Property With Rental Units

525 W Mitchell Street, Petoskey, MI 49770

$1,870,000

10,580 sqft

Approximately 10,580 sq ft of rental opportunity
16 micro rental units with bath
Two large commercial spaces for office or retail use
House with 2B, 2B, backyard, and 1 garage
Off‑street parking for approx. 10 cars

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This listing looks promising.

Here's a quick look at some key insights for

525 W Mitchell Street, Petoskey, MI 49770

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Est. Cap Rate

6.8%
Above avg (5.9%)
Est. NOI

$127K
Annual
Mortgage

$450K
Aug 2020

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Updated: Apr 12

Storefront Building with Snowmobile Trail Access

6420 & 6406 E Gill Road, Carp Lake, MI 49718

$650,000

2,400 sqft

Approximately 2,400 SF Carp Lake General Store storefront building designed for retail use
Zoned EC B‑2 with highway visibility and direct access to the snowmobile trail
Wood‑frame construction with shingle roof; heating includes wood, electric baseboard, and natural gas
Water source: well
Adjacent parcel includes recently renovated rental cabin for 1–2 occupants with a mini‑split

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Remodeled Duplex with Private Entrances

415 Liberty Street, Petoskey, MI 49770

$559,900

2,318 sqft

Duplex in Residential zoning with private entrances, in-unit laundry, and off-street driveway parking.

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Log Cabin Style Duplex Investment

6997 N Conway Rd, Alanson, MI 49706

$319,900

1,204 sqft 1.20 AC lot

Two updated units in a log cabin-style duplex each include two bedrooms, one bath, and separate metering.

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Duplex with One-Car Garage

513 Liberty St, Petoskey, MI 49770

$340,000

1,816 sqft

Duplex in RM-2 zoning with two units, natural gas heat, shingle roof, and a one-car garage plus off-street parking.

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Mixed-Use Building with Rental Micro-Units

525 W Mitchell St, Petoskey, MI 49770

Contact for pricing

22,405 sqft

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

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Based on your search, we've compiled 10 Potential Opportunities for your consideration. Besides 6 Active listings in Emmet County, MI, we suggest exploring several alternatives: plus 4 Land Listings that present a potential for development.

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

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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Traverse City Land with Utilities

4866 Luanne Lane, Traverse City, MI 49685

$59,000

0.52 AC lot

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

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Log Lodge Resort With Guest Homes

1306 N Tippy Dam Road, Wellston, MI 49689

$900,000

22.24 AC lot

Three log structures, commercial kitchen equipment, and two additional homes support group stays and onsite lodging.

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Private Camping Lot with Electrical Hookups

4537 Pine Run Road, Farwell, MI 48622

$41,500

0.75 AC lot

Recreation lot in a private gated association with multiple 30 AMP electrical and septic hookups for camper-ready use.

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Emmet County, MI Multifamily Properties Market Trends and Statistics

Explore 6 multifamily properties for sale in Emmet County, MI, showcased through 6 active listings on our real estate platform. These investment opportunities span a total of 40,723 square feet of properties for sale, with an estimated market value of $3,739,800.

Sale prices for multifamily properties in Emmet County, MI start at $319,900, averaging $747,960, and reaching up to $1,870,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.