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    Ithaca, MI Multifamily Properties for Sale

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    Two-Unit Duplex with Laundry Hookups
    Updated: Mar 22
    Two-Unit Duplex with Laundry Hookups

    928 East Emerson Street, Ithaca, MI 48847

    $125,000
    578 sqft
    Two‑unit duplex with 2 bedrooms and 1 bath in each unit
    Upper unit features hardwood floors and an open living area
    Lower unit offers a large living room, hardwood flooring, and boiler heat
    Separate laundry hookups provided for both units
    Tenants pay gas, electric, trash, and lawn care; owner covers water/sewer
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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 7 Potential Opportunities for your consideration. Besides 1 Active listings in Ithaca, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 1 Off-Market properties to explore as potential leads, plus 1 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.

    Historic St. Louis Home
    Historic St. Louis Home

    Saint Louis, MI 48880

    $249,000
    1,500 sqft

    Remodeled home with attached apartment near downtown St. Louis.

    View details
    Duplex with Metal Roof
    Duplex with Metal Roof

    Saint Louis, MI 48880

    $119,000
    1,200 sqft 0.18 AC lot

    Top/bottom duplex in Residential, Multi-Family zoning with a metal roof, screened porch, and one occupied unit.

    View details
    Quadplex with Commercial Storefront
    Quadplex with Commercial Storefront

    5705 N State Road, Alma, MI 48801

    $375,000
    2,579 sqft 3.45 AC lot

    Mixed-use quadplex with commercial store frontage, office space, and multiple outbuildings on 3.45 acres.

    View details
    Mixed-Use Property with Income Potential
    Mixed-Use Property with Income Potential

    5705 N State Road, Alma, MI 48801

    $375,000
    2,579 sqft 3.45 AC lot

    3.45-acre property with residential and commercial rental income.

    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.

    Residential Land in Riverdale
    Residential Land in Riverdale

    N Lumberjack Road, Riverdale, MI 48877

    Contact for pricing
    0.67 AC lot

    Vacant residential land suitable for building or mobile home placement.

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    Off-Market Properties in Ithaca, MI

    Consider similar Off-Market properties in Ithaca, MI. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    115 Pine River St
    Individual retail properties

    115 Pine River St, Ithaca, MI 48847

    Value Estimation by Request
    4,818 sqft
    View details

    Ithaca, MI Multifamily Properties Market Trends and Statistics

    Explore 2 multifamily properties for sale in Ithaca, MI on our real estate platform. These investment opportunities span a total of 578 square feet of properties for sale, with an estimated market value of $125,000.

    Sale prices for multifamily properties in Ithaca, MI average $125,000 — 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 1

    Demographics Overview

    Population 5,812
    Population Growth (5Y) -3.6%
    Median Household Income $63,865
    College Educated 14.4%

    Taxes & Financing

    Tax Rate (average for all types) 3.28%
    Tax Rate vs County Average 0.69 pp below county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Gratiot County

    New Delisted

    Total CRE Inventory on Market (SF)

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