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    Levering, MI
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    Levering, MI Multifamily Properties for Sale

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    13-Unit Apartment Building
    Updated: Sep 21
    13-Unit Apartment Building

    5692 N US 31 Highway, Levering, MI 49755

    $497,000
    4,769 sqft
    13‑unit apartment property on approximately 1.1 acres
    Fully rented long‑term efficiency apartments
    11 studio‑style units plus a larger corner unit and attached house/office
    4,769 square feet; built in 1971
    B‑2 commercial zoning with well and septic
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    7-Unit Apartment Building
    Updated: Sep 21
    7-Unit Apartment Building

    2870 N US 31 Highway, Levering, MI 49755

    $269,000
    2,800 sqft
    7‑unit apartment property with efficiency‑style units
    Currently fully rented and operating as long‑term rentals
    Approximately 2,800 square feet on approximately 1.6 acres
    On‑site coin laundry
    Located along US‑31 in Levering
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    13-Unit Apartment Property
    13-Unit Apartment Property

    5692 US-31, Levering, MI 49755

    $497,000
    4,769 sqft 1.10 AC lot

    The operating property includes laundry, paved parking, and an attached house/office.

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    See hot listings in Levering

    Scored against comparables nationwide. These are worth a look.

    Scored against comparables nationwide. These are worth a look.

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    7-Unit Apartment Property
    7-Unit Apartment Property

    2870 US-31, Levering, MI 49755

    $269,000
    2,800 sqft 1.60 AC lot

    Commercial zoning and on-site coin laundry complement its long-term efficiency apartment operation.

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    4 active listings match your search: Multifamily for sale in Levering, MI. Based on your search, we've also compiled 4 Potential Opportunities for your consideration: 4 properties in nearby cities.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Remodeled Furnished Short-Term Rental
    Remodeled Furnished Short-Term Rental

    4-4179 S Straits Hwy, Indian River, MI 49749

    $215,000
    399 sqft

    Fully furnished and equipped riverfront lodging property with access to Northern Michigan’s Inland Waterway system.

    View details
    Remodeled Furnished Short-Term Rental Cabin
    Remodeled Furnished Short-Term Rental Cabin

    3-4179 S Straits Hwy, Indian River, MI 49749

    $199,900
    360 sqft

    Cabin association property along the Sturgeon River with furnishings and equipment included.

    View details
    Renovated Triplex with Vacant Unit
    Renovated Triplex with Vacant Unit

    321 Dresser Street, Cheboygan, MI 49721

    $209,900

    Three apartments include two one-bedroom units and one two-bedroom unit.

    View details
    6-Unit Brick Apartment Building
    6-Unit Brick Apartment Building

    123 N BAILEY STREET, Cheboygan, MI 49721

    $259,900

    Brick construction, a garage, and separate office space complement a residential property within walking distance of downtown Cheboygan.

    View details

    Levering, MI Multifamily Properties Market Trends and Statistics

    Explore 4 multifamily properties for sale in Levering, MI, showcased through 4 active listings on our real estate platform. These investment opportunities span a total of 15,138 square feet of properties for sale, with an estimated market value of $1,532,000.

    Sale prices for multifamily properties in Levering, MI start at $269,000, averaging $383,000, and reaching up to $497,000 — 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

    Apartment buildings 4

    Demographics Overview

    Population 1,858
    Population Growth (5Y) -4.6%
    Median Household Income $61,121
    College Educated 30.6%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    49755 $383K

    Taxes & Financing

    Tax Rate (average for all types) 2.68%
    Tax Rate vs County Average 1.43 pp below county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Emmet County

    New Delisted

    Total CRE Inventory on Market (SF)

    Average Property Price per SF

    For-sale pricing trends across core commercial property types in Emmet County

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    Residential Income

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