Multifamily

Manistique, MI Multifamily Properties for Sale

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Gulliver, MI Thompson, MI Cooks, MI Garden, MI Rapid River, MI Germfask, MI Nahma, MI Gould City, MI
Duplex with Covered Porch
Updated: Jul 23
Duplex with Covered Porch

219 Walnut Street, Manistique, MI 49854

$129,900
2,503 sqft 0.14 AC lot
Duplex configuration offering flexibility for rental income or owner‑occupancy
4 bedrooms and 2 baths in a 2,503 SF home
0.14‑acre lot with a covered front porch, paved driveway, and storage shed
Natural gas forced‑air heat with a new furnace noted
First‑floor laundry plus listed cable/internet availability
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Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Manistique, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities

Opportunities in Nearby Cities

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

Triplex with Ground-Floor Commercial Space
Triplex with Ground-Floor Commercial Space

905 Delta Avenue, Gladstone, MI 48983-7

$209,995
3,694 sqft 0.08 AC lot

Three upstairs apartments with a main-level barbershop, plus a full basement, central air, and a two-car garage on a small downtown lot.

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Waterfront Resort with Rental Cabins
Waterfront Resort with Rental Cabins

17461 W Norton Rd., Gould City, MI 49838

$1,425,000
3.75 AC lot

Fully operational resort on South Manistique Lake featuring 11 rental cabins plus an on-site owners residence.

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Waterfront Resort With Rental Cabins
Waterfront Resort With Rental Cabins

17461 W NORTON RD., Gould City, MI 49838

$1,425,000

Weekly rental cabin property with an on-site owners residence and established booking system.

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Fully Rented Triplex
Fully Rented Triplex

603 Minnesota, Gladstone, MI 49837

$205,000

Triplex offering hot-water service and current occupancy across its residential units.

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Manistique, MI Multifamily Properties Market Trends and Statistics

Explore 1 multifamily properties for sale in Manistique, MI on our real estate platform. These investment opportunities span a total of 2,503 square feet of properties for sale, with an estimated market value of $129,900.

Sale prices for multifamily properties in Manistique, MI average $129,900 — 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 6,148
Population Growth (5Y) -0.7%
Median Household Income $57,212
College Educated 27.9%

High-Yield Neighborhoods for Investment

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

Neighborhood Average Price
49854 $80K

Taxes & Financing

Tax Rate (average for all types) 4.41%
Property Tax per SF $81.50 per SF
Tax Rate vs County Average 0.84 pp above county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Schoolcraft County

New Delisted

Total CRE Inventory on Market (SF)

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