Gladstone, MI
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    Gladstone, MI Multifamily Properties for Sale

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    Rapid River, MI Wells, MI Escanaba, MI
    Downtown Gladstone Multi-Family Investment
    $209,995
    3,694 SF
    Downtown Gladstone Multi-Family Investment

    905 Delta Avenue, Gladstone, MI 48983-7

    Multi-family property with commercial space in downtown Gladstone, MI.
    • Two‑story multi‑family with 3 upstairs apartments: two at $550/mo each, and one at $400/mo (renovation opportunity).
    • Main‑level barbershop/commercial space generating $750/mo with no lease and no security deposit.
    • Apartment leasing details: Apartment 1 ($550/mo) no lease/no security deposit; Apartment 2 ($550/mo) active lease with $450 security deposit; Apartment 3 ($400/mo) no lease/no security deposit.
    • Forced air heating and central air cooling, with public water service.
    • Full basement provides utility access and additional storage space.
    Updated: Nov 14, 2025
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    Mixed-Use Investment in Downtown Gladstone
    $209,995
    3,694 SF
    Mixed-Use Investment in Downtown Gladstone

    905 Delta Avenue, Gladstone, MI 49837

    Turn-key mixed-use property in the heart of downtown Gladstone, MI.
    • Downtown Gladstone mixed‑use building with a barbershop on the main level and 3 apartments upstairs
    • Rental income includes $750/month for the commercial space plus $550/month and $550/month for two apartments, and $400/month for the third
    • Two apartments are described as updated and move‑in‑ready; the third apartment is ready for renovation
    • Barbershop space is move‑in ready for continued operation or conversion to another retail or service use
    • Metal roof, public water, forced air heating, central air and ceiling fans
    Updated: Nov 14, 2025
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    Based on your search, we've compiled 10 Potential Opportunities for your consideration. Besides 2 Active listings in Gladstone, 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.

    Side-by-Side Duplex for Sale
    $159,900
    3,292 SF
    Side-by-Side Duplex for Sale

    Well-maintained side-by-side duplex with mirrored 3-bedroom units, full basements, and attached one-car garages.

    503-505 Liberator Street, Gwinn, MI 49841

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    Two-Unit Residential Income Property
    $129,900
    1,661 SF
    Two-Unit Residential Income Property

    Two-unit property with a sizable yard, ample parking, and storage-heavy layouts on both levels.

    310 N 18th Street, Escanaba, MI 49829

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    Well-Maintained Duplex in Gwinn, MI
    $169,000
    2,212 SF
    Well-Maintained Duplex in Gwinn, MI

    Side-by-side duplex with strong rental history and reliable tenants.

    637 & 639 Valkyrie Street, Gwinn, MI 49841

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    Escanaba Commercial Landmark Building
    $650,000
    31,600 SF
    Escanaba Commercial Landmark Building

    Prime downtown location with retail and office space.

    1100 Ludington Street, Escanaba, MI 49829

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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.

    Menominee City Building Lot
    Contact for pricing
    0.21 Acres
    Menominee City Building Lot

    Building lot near Henes Park, ready for construction.

    605 46th Avenue, Menominee, MI 49858

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    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

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    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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    Gladstone, MI Multifamily Properties Market Trends and Statistics

    Explore 2 multifamily properties for sale in Gladstone, MI on our real estate platform. These investment opportunities span a total of 7,388 square feet of properties for sale, with an estimated market value of $419,990.

    Sale prices for multifamily properties in Gladstone, MI start at $209,995, averaging $209,995, and reaching up to $209,995 — 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

    Apartment buildings 1
    Triplexes 1

    Demographics Overview

    Population 10K
    Population Growth (5Y) +4.8%
    Median Household Income $65,905
    College Educated 31.1%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    49837 $210K

    Taxes & Financing

    Tax Rate (average for all types) 3.93%
    Average Loan-to-Value 65.0%

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