Multifamily

Gould City, MI Multifamily Properties for Sale

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Engadine, MI Curtis, MI Germfask, MI Gulliver, MI Mcmillan, MI Naubinway, MI Newberry, MI Manistique, MI
Waterfront Resort With Rental Cabins
Updated: Aug 13
Waterfront Resort With Rental Cabins

17461 W NORTON RD., Gould City, MI 49838

$1,325,000
3.75‑acre waterfront resort property on South Manistique Lake
400 feet of direct lake frontage
11 operating rental cabins
On‑site log residence with 2 bedrooms, 2 bathrooms, and 1,600 square feet
Weekly cabin rental model with summer peak demand and winter weekend occupancy
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Waterfront Cabin Resort
Updated: Jul 8
Waterfront Cabin Resort

17461 W Norton Rd., Gould City, MI 49838

$1,325,000
3.75 acres of lakefront property on South Manistique Lake
400 feet of direct lake frontage
11 fully operating rental cabins
On‑site log residence with 2 bedrooms, 2 bathrooms, and 1600 sq feet
Established booking system supports resort operations
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Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 2 Active listings in Gould City, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Restored Mixed-Use Building
Restored Mixed-Use Building

211 Bridge, Charlevoix, MI 49720

$3,795,000
10,500 sqft

Commercially zoned property combines street-level retail with short-term rental apartments.

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Historic Mixed-Use Building with Retail
Historic Mixed-Use Building with Retail

211 Bridge Street, Charlevoix, MI 49720

Contact for pricing
10,500 sqft

Restored 1915 building offering street-level retail and multiple renovated apartment units, including short-term rentals and rooftop amenities.

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13-Unit Apartment Building
13-Unit Apartment Building

5692 N US 31 Highway, Levering, MI 49755

$497,000
4,769 sqft

Fully rented efficiency-apartment property with on-site laundry, paved parking, and an attached house/office.

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7-Unit Apartment Building
7-Unit Apartment Building

2870 N US 31 Highway, Levering, MI 49755

$269,000
2,800 sqft

Fully rented efficiency apartments with on-site coin laundry and commercial zoning.

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Gould City, MI Multifamily Properties Market Trends and Statistics

Explore 2 multifamily properties for sale in Gould City, MI on our real estate platform.

Sale prices for multifamily properties in Gould City, MI average $1,325,000 — 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 2

Demographics Overview

Population 434
Population Growth (5Y) -14.4%
Median Household Income $39,773
College Educated 16.8%

High-Yield Neighborhoods for Investment

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

Neighborhood Average Price
49838 $1.3M

Taxes & Financing

Tax Rate (average for all types) 2.57%
Tax Rate vs County Average 1.06 pp below county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Mackinac County

New Delisted

Total CRE Inventory on Market (SF)

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