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    Honor, MI Multifamily Properties for Sale

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    Beulah, MI Benzonia, MI Interlochen, MI
    Retail Store,Recreational/Resort,Bed & Breakfast - Honor, MI
    $750,000
    3,715 SF
    Retail Store,Recreational/Resort,Bed & Breakfast - Honor, MI

    11481 Main St, Honor, MI 49640

    Cedar Ridge Cabins – Turnkey 8-Unit Cabin Resort on Nearly 10 Acres with Expansion Potential in Honor, Michigan
    • Turn key operation
    • Great marketing
    • Good tourist location near Sleeping Bear Dunes and Traverse City
    Updated: Mar 25
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    Turnkey Cabin Resort Near Sleeping Bear
    $750,000
    5,000 SF
    Turnkey Cabin Resort Near Sleeping Bear

    11481 Main St, Honor, MI 49640

    Northern Michigan cabin resort with immediate income potential near Sleeping Bear.
    • Turnkey operation with immediate income potential.
    • Prime tourism location near Sleeping Bear Dunes and other popular destinations.
    • 8 updated rental cabins (studio + 1‑bedroom mix).
    • Nearly 10 acres with expansion potential.
    • Optional owner/manager home available for on‑site management or additional rental income.
    Updated: Mar 24
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    Based on your search, we've compiled 10 Potential Opportunities for your consideration. Besides 2 Active listings in Honor, 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.

    Two-Unit Duplex with Attached Garages
    $449,900
    2,304 SF
    Two-Unit Duplex with Attached Garages

    Updated two-bedroom duplex offers furnished, move-in-ready flexibility with attached garages for each unit.

    284 Astro Drive, Traverse City, MI 49685

    View details
    Updated 3-Unit Multifamily Property
    $324,900
    2,924 SF
    Updated 3-Unit Multifamily Property

    For sale 3-unit multifamily with recent interior upgrades, newer metal roof, and shared laundry facilities.

    6593 FRANKFORT Highway, Beulah, MI 49617

    View details
    Duplex with Attached Garages
    $479,900
    Duplex with Attached Garages

    Two updated two-bedroom units with attached garages, offered furnished and ready for flexible live-in or rental use.

    Traverse City, MI 49685

    View details
    Income-Producing Multifamily Property
    $324,900
    Income-Producing Multifamily Property

    Three-unit property with updates near Frankfort and Crystal Lake.

    6593 FRANKFORT Hwy, Beulah, MI 49617

    View details

    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.

    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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    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

    View details
    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

    View details
    Land For Sale
    $67,999
    Land For Sale

    Land available in Mason County.

    4993 E Wetland Trail, Custer, MI 49405

    View details

    Honor, MI Multifamily Properties Market Trends and Statistics

    Explore 2 multifamily properties for sale in Honor, MI on our real estate platform. These investment opportunities span a total of 8,715 square feet of properties for sale, with an estimated market value of $1,500,000.

    Sale prices for multifamily properties in Honor, MI start at $750,000, averaging $750,000, and reaching up to $750,000 — 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 1

    Demographics Overview

    Population 1,266
    Population Growth (5Y) -20.0%
    Median Household Income $83,750
    College Educated 59.8%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    49640 $750K

    Listings Trend

    New vs delisted commercial listings in Benzie County

    New Delisted

    Total CRE Inventory on Market (SF)

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