Multifamily

Homer, MI Multifamily Properties for Sale

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Caspian, MI Gaastra, MI Crystal Falls, MI Long Lake, WI Amasa, MI Florence, WI Phelps, WI Watersmeet, MI
6 properties
Duplex Near Ski Access
Updated: Apr 1
Duplex Near Ski Access

104 Sleepy Hollow Way, Iron River, MI 49935

$264,900
2,053 sqft 0.50 AC lot
2,053‑square‑foot duplex on a 0.5‑acre parcel
Two‑bedroom, one‑bath unit with gas fireplace and open living areas
Four‑bedroom, one‑bath unit with two first‑floor bedrooms and two upstairs bedrooms
Located next to Ski Brule
Private deck for each unit plus shared outdoor hot tub
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Duplex with Private Sauna
Updated: Apr 1
Duplex with Private Sauna

111 Little Deer Road, Iron River, MI 49935

$279,900
2,000 sqft 0.40 AC lot
2,000 square feet across two residential units
0.4‑acre parcel in Iron River, MI
Larger unit includes four bedrooms, gas fireplace, full bath, and private sauna
Second unit offers two bedrooms, open living space, and gas fireplace
Private deck access for both units
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Renovation-Ready Duplex Property
Renovation-Ready Duplex Property

37 Allen Street, Iron River, MI 49935

$45,000
2,875 sqft 0.34 AC lot

Two-story structure with a stripped interior, basement, and flexible residential reconfiguration potential.

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COMMERCIAL - Iron River, MI
COMMERCIAL - Iron River, MI

417 Washington Ave, Iron River, MI 49935

$379,000
6,237 sqft 0.18 AC lot

4,158 sq ft commercial/residential property with income potential.

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Duplex Chalet Near Ski Brule
Duplex Chalet Near Ski Brule

111 Little Deer Road, Iron River, MI 49935

$279,900
2,000 sqft

Two separate living areas offer flexible personal or rental use near Ski Brule.

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Renovated Duplex with Detached Garage
Renovated Duplex with Detached Garage

112 Little Deer Road, Iron River, MI 49935

$369,900
2,373 sqft

Two residential units combine updated interiors with private outdoor amenities and supplemental storage capacity.

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Based on your search, we've compiled 10 Potential Opportunities for your consideration. Besides 6 Active listings in Homer, 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.

Lakefront Resort with Cabins
Lakefront Resort with Cabins

229 E Lake Emily Road, Crystal Falls, MI 49920

$519,900
2,276 sqft 1.59 AC lot

Four two-bedroom accommodations offer open living and kitchen areas beside Lake Emily in a commercial-zoned setting.

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COMMERCIAL - Crystal Falls, MI
COMMERCIAL - Crystal Falls, MI

229 E Lake Emily Rd, Crystal Falls, MI 49920

$519,900
2,276 sqft 1.59 AC lot

Four 2-bedroom units sit on sandy Lake Emily frontage with a permanent pier and dedicated fish cleaning facilities.

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Four-Bedroom Short-Term Rental Home
Four-Bedroom Short-Term Rental Home

3302 GARRISON LN, Phelps, WI 54554

$319,000
3.02 AC lot

Vacation rental home with three baths and septic approval for six bedrooms.

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Furnished Waterfront Rental Portfolio
Furnished Waterfront Rental Portfolio

2560 MILLERVILLE RD, Phelps, WI 54554

$849,000
0.75 AC lot

Three furnished condominium homes offer shared lake access, private tax parcels, and flexible short-term rental or retreat use.

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Homer, MI Multifamily Properties Market Trends and Statistics

Explore 6 multifamily properties for sale in Homer, MI, showcased through 6 active listings on our real estate platform. These investment opportunities span a total of 17,538 square feet of properties for sale, with an estimated market value of $1,618,600.

Sale prices for multifamily properties in Homer, MI start at $45,000, averaging $269,766, and reaching up to $379,000 — 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

Duplexes 4

Demographics Overview

Population 4,472
Population Growth (5Y) -6.5%
Median Household Income $59,460
College Educated 13.9%

High-Yield Neighborhoods for Investment

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

Neighborhood Average Price
49245 $307.2K

Taxes & Financing

Tax Rate (average for all types) 2.46%
Property Tax per SF $51.41 per SF
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Iron County

New Delisted

Total CRE Inventory on Market (SF)

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