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    Manistee, MI
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    Manistee, MI Multifamily Properties for Sale

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    9 properties
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    Mixed-Use Building with Retail
    Updated: Feb 11
    Mixed-Use Building with Retail

    221 5th Street, Manistee, MI 49660

    $149,000
    0.11 AC lot
    2 large upper rental units with their own laundry: 1 bed/1 bath and 2 bed/1 bath
    Separate retail space below with plenty of storage plus attached oversized 2‑car garage
    Off‑street parking with attached garage featuring a 10' overhead door
    Built in 1880 with aluminum siding and a composition roof
    Utilities include natural gas available; served by public sewer
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    Manistee Duplex Investment Opportunity
    Updated: Apr 10
    Manistee Duplex Investment Opportunity

    75 Filer Street, Manistee, MI 49660

    $205,000
    0.09 AC lot
    Prime location: One block from Downtown Manistee and the Riverwalk.
    Turnkey investment: Recently updated with new flooring, fresh paint, and modern appliances.
    Strong rental income potential: Located in a highly desirable area with consistent tenant demand.
    Low‑maintenance: Single‑level duplex with easy accessibility for tenants.
    Washer & dryer hookup: Rear unit includes a washer & dryer hookup for increased rental income.
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    Remodeled Duplex with Garage
    Remodeled Duplex with Garage

    244 5th Street, Manistee, MI 49660

    $215,000
    0.18 AC lot

    Duplex with separate utilities, remodeled main-floor unit, finished basement, and a 2-car concrete block garage.

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    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    Duplex with Privacy Fenced Backyard
    Duplex with Privacy Fenced Backyard

    244 5th St, Manistee, MI 49660

    $224,000

    Well-maintained duplex offers two separate units with separate utilities, a finished basement, and a two-car garage.

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    Updated Duplex in Manistee, MI
    Updated Duplex in Manistee, MI

    264 6th Avenue, Manistee, MI 49660

    $205,000
    0.09 AC lot

    Well-maintained duplex with modern updates, ideal for investment or owner-occupancy.

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    Manistee Triplex Renovation Opportunity
    Manistee Triplex Renovation Opportunity

    822 Vine Street, Manistee, MI 49660

    $68,000
    0.11 AC lot

    Triplex renovation project with income potential in Manistee, Michigan.

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    Mixed-Use Building in Manistee
    Mixed-Use Building in Manistee

    221 5th St, Manistee, MI 49660

    $149,000

    Multi-purpose building with rental units and retail space.

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    Waterfront Motel and Marina
    Waterfront Motel and Marina

    215 & 217 Arthur St, Manistee, MI 49660

    $985,000

    Waterfront motel and marina with about 130 feet of frontage and 8 boat slips, plus an on-site restaurant building.

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    Updated Duplex: Investment or Owner-Occupied
    Updated Duplex: Investment or Owner-Occupied

    264 6th Ave, Manistee, MI 49660

    $205,000

    Well-maintained duplex with modern updates, ideal for investment or owner-occupancy.

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    Based on your search, we've compiled 17 Potential Opportunities for your consideration. Besides 9 Active listings in Manistee, 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.

    Duplex with Shared Utilities
    Duplex with Shared Utilities

    6105 Grace Avenue, Ludington, MI 49431

    $339,000
    690 sqft

    Two rental units under one tax ID share a well and septic, with separate carport and patio areas.

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    Two-Unit Duplex with Attached Garage
    Two-Unit Duplex with Attached Garage

    212-214 Taylors Court, Scottville, MI 49454

    $295,000
    0.30 AC lot

    Energy-efficient duplex offering two open layouts, in-unit laundry access, and basements with egress windows.

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    Shared Well and Septic Duplex
    Shared Well and Septic Duplex

    6105 N Grace Avenue, Ludington, MI 49431

    $339,000
    0.40 AC lot

    Two-residence duplex offering shared well and septic under one tax ID, with recent roof replacement and updated laundry systems.

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    Residential Income Portfolio with Buildable Units
    Residential Income Portfolio with Buildable Units

    Multiple Taylors Court & Evans Way, Scottville, MI 49454

    $1,390,000
    9.11 AC lot

    Package includes newly leased ranch houses, a duplex, and 17 vacant buildable units on a single acquisition.

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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.

    Tippy Dam Lodge Retreat
    Tippy Dam Lodge Retreat

    1306 N Tippy Dam Road, Wellston, MI 49689

    $999,900
    22.24 AC lot

    Unique lodge in Manistee National Forest with multiple buildings.

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    Deeded RV Recreational Lot
    Deeded RV Recreational Lot

    V/L E Kissing Oaks Trail, Custer, MI 49405

    $39,900
    0.96 AC lot

    Deeded lot with a newly excavated site, entry, and driveway, backing Manistee National Forest.

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    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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    Manistee, MI Multifamily Properties Market Trends and Statistics

    Explore 9 multifamily properties for sale in Manistee, MI, showcased through 9 active listings on our real estate platform. These investment opportunities span a total of 0 square feet of properties for sale, with an estimated market value of $2,405,000.

    Sale prices for multifamily properties in Manistee, MI start at $68,000, averaging $267,222, and reaching up to $985,000 — 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 7
    Triplexes 2
    Short term rental properties 1

    Demographics Overview

    Population 15K
    Population Growth (5Y) +1.2%
    Median Household Income $62,211
    College Educated 30.9%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    49660 $181.6K

    Taxes & Financing

    Tax Rate (average for all types) 3.88%
    Tax Rate vs County Average 0.07 pp above county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Manistee County

    New Delisted

    Total CRE Inventory on Market (SF)

    Average Property Price per SF

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

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