Multifamily

Missaukee County, MI Multifamily Properties for Sale

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Detroit, MI Grand Rapids, MI Kalamazoo, MI
Turnkey 8-Unit Multifamily Property
Updated: Apr 15, 2025
Turnkey 8-Unit Multifamily Property

1341 S Lakeshore Drive, Lake City, MI 49651

$420,000
4,880 sqft · 2.11 AC lot
Fully rented 8‑unit multifamily with approx. 2,448 sq. ft. total living space and average rent of $750/month
Unit mix: 6 double‑bed units (kitchenettes & full baths) plus 2 king‑bed units (kitchenettes & full baths)
2.11‑acre lot with room to build additional units
Pool house (80 x 34) with separate men's and women's bathrooms—can be restored as an indoor pool or converted to rentals
56 x 24 pole barn for storage rental or added income
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Turnkey Multifamily with Expansion Potential
Updated: Apr 20, 2025
Turnkey Multifamily with Expansion Potential

Lake City, MI 49651

$420,000
2,448 sqft · 2.11 AC lot
Turnkey, fully rented 8‑unit apartment complex providing immediate, stable income.
Significant expansion potential on a 2.11‑acre lot.
High‑visibility location on M‑66/S. Lakeshore Drive.
Includes an 80 x 34 pool house, suitable for restoration or conversion.
Proximity to Lake Missaukee, downtown Lake City, and other Northern Michigan attractions.
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Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 2 Active listings in Missaukee County, MI, we suggest exploring several alternatives: plus 4 Land Listings that present a potential for development.

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.

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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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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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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High-Elevation View Farmland Parcel
High-Elevation View Farmland Parcel

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

$2,950,000
74.20 AC lot

74-acre ridge-top farmland suited for residential development with expansive multi-directional water and sunset views.

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Missaukee County, MI Multifamily Properties Market Trends and Statistics

Explore 2 multifamily properties for sale in Missaukee County, MI on our real estate platform. These investment opportunities span a total of 7,328 square feet of properties for sale, with an estimated market value of $840,000.

Sale prices for multifamily properties in Missaukee County, 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 stay ahead with the latest data and market trends.

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