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Lake City, MI Multifamily Properties for Sale

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Lake City Multifamily Investment Opportunity
$420,000
4,880 SF

Lake City Multifamily Investment Opportunity

1341 S Lakeshore Dr, Lake City, MI 49651

Turnkey 8-unit multifamily property with expansion potential in Lake City, MI.

  • Turnkey, fully occupied 8‑unit multifamily property providing immediate cash flow.
  • Significant expansion potential on a 2.11‑acre lot, allowing for the construction of additional units.
  • High‑visibility location on M‑66/S. Lakeshore Drive in a desirable four‑season market.
  • Existing pool house (80 x 34) offers options for restoration or conversion into rental units.
  • Includes a 56 x 24 pole barn, providing opportunities for storage rental and added income.
Updated: Jan 7
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Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Lake City, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities

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Downtown Cadillac Duplex Opportunity
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Off-Grid Oasis on 20 Acres

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RV Lot in Vista Green Resort

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Lake City, MI Multifamily Properties Investment Opportunities Market Analysis

Explore 1 multifamily properties for sale in Lake City, MI on our real estate platform. These investment opportunities span a total of 91,912 square feet of properties for sale, with an estimated market value of $420,000.

Prices for multifamily properties in Lake City, MI start at $420,000, averaging $420,000, and reaching up to $420,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you have the most current data.

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