Multifamily

Harbor Springs, MI Multifamily Properties for Sale

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Pellston, MI Levering, MI Carp Lake, MI Bay Harbor, MI Alanson, MI Brutus, MI Charlevoix, MI Mackinaw City, MI
Approved Condominium Development Opportunity
Updated: Nov 26, 2025
Approved Condominium Development Opportunity

788 Fairways Dr, Harbor Springs, MI 49740

$1,300,000
2,500 sqft
Approved for a 20‑unit luxury condominium development.
Located on Fairways Drive at Birchwood Golf & Country Club overlooking hole #2 of the Birches Course.
Five completed units and three units under construction are available**.
All utilities are in place and roads are paved.
Club membership is available for owners.
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2-Unit Duplex
Updated: Jul 3, 2025
2-Unit Duplex

223 E Third Street, Harbor Springs, MI 49740

$875,000
Two rental units, one on each floor
Each unit has two bedrooms and one full bathroom
B‑1 zoning allows commercial, residential, and mixed‑use possibilities
Parking agreements, including detached garage use, run with the land
Approximately 100 years old; renovation and maintenance work is anticipated
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2 active listings match your search: Multifamily for sale in Harbor Springs, MI. Based on your search, we've also compiled 4 Potential Opportunities for your consideration: 4 properties in nearby cities.

Opportunities in Nearby Cities

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

Mixed-Use Property with Rental Units
Mixed-Use Property with Rental Units

525 W Mitchell Street, Petoskey, MI 49770

$1,870,000
10,580 sqft

Versatile commercial property combining residential accommodations, office or retail areas, and on-site parking in an established downtown setting.

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Three-Unit Mixed-Use Property
Three-Unit Mixed-Use Property

602 Jackson Street, Petoskey, MI 49770

$564,900
2,329 sqft

Includes leased office space and two one-bedroom, one-bath apartments.

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7-Unit Apartment Property
7-Unit Apartment Property

2870 US-31, Levering, MI 49755

$269,000
2,800 sqft 1.60 AC lot

Commercial zoning and on-site coin laundry complement its long-term efficiency apartment operation.

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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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Harbor Springs, MI Multifamily Properties Market Trends and Statistics

Explore 2 multifamily properties for sale in Harbor Springs, MI on our real estate platform. These investment opportunities span a total of 2,500 square feet of properties for sale, with an estimated market value of $2,175,000.

Sale prices for multifamily properties in Harbor Springs, MI start at $875,000, averaging $1,087,500, and reaching up to $1,300,000 — 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

Apartment buildings 1
Duplexes 1

Demographics Overview

Population 7,277
Population Growth (5Y) +3.9%
Median Household Income $85,230
College Educated 32.9%

High-Yield Neighborhoods for Investment

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

Neighborhood Average Price
49740 $1.3M

Listings Trend

New vs delisted commercial listings in Emmet County

New Delisted

Total CRE Inventory on Market (SF)

Average Property Price per SF

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

Retail

Residential Income

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