Multifamily

Kalkaska, MI Multifamily Properties for Sale

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Versatile Commercial Property in Kalkaska
Updated: Sep 10, 2025
Versatile Commercial Property in Kalkaska

305 Elm Street, Kalkaska, MI 49646

$240,000
3 sqft
Versatile commercial property suitable for multi‑unit rental, office space, or new business location.
Originally designed as a quadplex, offering significant investment potential.
Prime location with convenient access to local amenities, parks, and schools.
Ample space that can be tailored to a variety of needs.
Paved parking available.
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Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 1 Active listings in Kalkaska, 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.

Versatile Property with Development Potential
Versatile Property with Development Potential

Williamsburg, MI 49690

$674,900
4.69 AC lot

Income-generating duplex with light industrial zoning and development opportunities.

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RV Resort Lot with Gazebo
RV Resort Lot with Gazebo

6100 SW Larson Road, South Boardman, MI 49680

$119,900
0.11 AC lot

Build your northern Michigan getaway on a lot with a gazebo and coach house in an amenity-rich RV resort.

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Light Industrial Land with Duplex
Light Industrial Land with Duplex

Williamsburg, MI 49690

$600,000

Grandfathered duplex with in-unit washer/dryer on light industrial/warehouse-zoned land with extensive frontage on M-72.

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RV Resort Corner Lot
RV Resort Corner Lot

Green Acres lot: 83, South Boardman, MI 49680

$62,500
0.07 AC lot

RV-ready corner lot with full electric, water, and sewer hook-ups and seasonal on-site occupancy rules.

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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
Traverse City Land with Utilities

4866 Luanne Lane, Traverse City, MI 49685

$59,000
0.52 AC lot

Half-acre lot with well, septic, gas, and electric hookup.

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Elevated Farmland Development Parcel
Elevated Farmland Development Parcel

Parcel C E Duck Lake Road, Suttons Bay, MI 49682

$2,600,000
74.20 AC lot

Developable farmland parcel offers ridge-top elevation and multi-directional water views near Suttons Bay.

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Log Lodge Resort with Multiple Buildings
Log Lodge Resort with Multiple Buildings

1306 N Tippy Dam Road, Wellston, MI 49689

$999,900
22.24 AC lot

Tippy Dam Lodge includes three log-built facilities and two additional homes, accommodating up to 22 guests.

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Private Campground Lot with Hookups
Private Campground Lot with Hookups

4537 Pine Run, Farwell, MI 48622

$41,500
0.75 AC lot

Residentially zoned camping lot with three 30-amp electric hookups and septic connections, already prepped with pads.

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Kalkaska, MI Multifamily Properties Market Trends and Statistics

Explore 1 multifamily properties for sale in Kalkaska, MI on our real estate platform. These investment opportunities span a total of 3 square feet of properties for sale, with an estimated market value of $240,000.

Sale prices for multifamily properties in Kalkaska, MI average $240,000 — 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

Quadplexes 2

Demographics Overview

Population 8,573
Population Growth (5Y) +1.4%
Median Household Income $55,188
College Educated 20.1%

High-Yield Neighborhoods for Investment

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

Neighborhood Average Price
49646 $240K

Taxes & Financing

Tax Rate (average for all types) 3.15%
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Kalkaska County

New Delisted

Total CRE Inventory on Market (SF)

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