Multifamily

Indian River, MI Multifamily Properties for Sale

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Remodeled Riverfront Resort Cabin
Updated: Aug 15
Remodeled Riverfront Resort Cabin

4179 S Straits Highway, Indian River, MI 49749

$215,000
399 sqft 1.17 AC lot
399 square feet within a 1.17‑acre property
Remodeled in 2026 and offered furnished and equipped
Located along the Sturgeon River
Newly formed Sturgeon River Cabin Association
Log construction with metal roof and fireplace
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Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Indian River, 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.

Remodeled Duplex with Private Entrances
Remodeled Duplex with Private Entrances

415 Liberty Street, Petoskey, MI 49770

$559,900
2,318 sqft

Duplex in Residential zoning with private entrances, in-unit laundry, and off-street driveway parking.

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Duplex with One-Car Garage
Duplex with One-Car Garage

513 Liberty St, Petoskey, MI 49770

$340,000
1,816 sqft

Duplex in RM-2 zoning with two units, natural gas heat, shingle roof, and a one-car garage plus off-street parking.

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Updated Triplex with Decks
Updated Triplex with Decks

321 Dresser Street, Cheboygan, MI 49721

$239,900

One renovated apartment is vacant, while two additional units are leased.

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6-Unit Apartment Building
6-Unit Apartment Building

123 N BAILEY STREET, Cheboygan, MI 49721

$399,000

Attached garage, storage space, partial basement, and rear paved parking support the existing layout.

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Indian River, MI Multifamily Properties Market Trends and Statistics

Explore 1 multifamily properties for sale in Indian River, MI on our real estate platform. These investment opportunities span a total of 399 square feet of properties for sale, with an estimated market value of $215,000.

Sale prices for multifamily properties in Indian River, MI average $215,000 — 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 4,860
Population Growth (5Y) +21.7%
Median Household Income $66,604
College Educated 49.3%

Taxes & Financing

Tax Rate (average for all types) 2.66%
Tax Rate vs County Average 0.54 pp below county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Cheboygan County

New Delisted

Total CRE Inventory on Market (SF)

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