Multifamily

Munising, MI Multifamily Properties for Sale

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Shingleton, MI Au Train, MI Manistique, MI
Corner Lot Mixed-Use Building
Updated: Jul 6
Corner Lot Mixed-Use Building

230 W Superior Street, Munising, MI 49862

$225,000
3,200 sqft · 0.16 AC lot
Commercial building on a corner lot in downtown Munising, located a couple blocks from the main hub
Off‑street parking and a street‑level area currently vacant and ready for a business venture
Includes two 2‑bedroom, 1‑bath upper‑level apartments
Additional space includes a basement, attached 1‑car garage, and storage area
Alley borders the rear of the site
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Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 1 Active listings in Munising, 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.

Side-by-Side Duplex for Sale
Side-by-Side Duplex for Sale

503-505 Liberator Street, Gwinn, MI 49841

$159,900
3,292 sqft · 0.30 AC lot

Well-maintained side-by-side duplex with mirrored 3-bedroom units, full basements, and attached one-car garages.

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Well-Maintained Duplex in Gwinn, MI
Well-Maintained Duplex in Gwinn, MI

637 & 639 Valkyrie Street, Gwinn, MI 49841

$169,000
2,212 sqft · 0.85 AC lot

Side-by-side duplex with strong rental history and reliable tenants.

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Marquette East Side Duplex
Marquette East Side Duplex

321 E Michigan Street, Marquette, MI 49855

$347,000
1,777 sqft · 0.34 AC lot

East side duplex near downtown, NMU, and Lake Superior.

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Updated Office and Apartment Buildings
Updated Office and Apartment Buildings

321 N Front St, Marquette, MI 49855

$420,000
6,048 sqft

Multi-suite office and four apartment units in Marquette.

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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.

Menominee City Building Lot
Menominee City Building Lot

605 46th Avenue, Menominee, MI 49858

Contact for pricing
0.21 AC lot

Building lot near Henes Park, ready for construction.

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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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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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Munising, MI Multifamily Properties Market Trends and Statistics

Explore 1 multifamily properties for sale in Munising, MI on our real estate platform. These investment opportunities span a total of 3,200 square feet of properties for sale, with an estimated market value of $225,000.

Sale prices for multifamily properties in Munising, MI start at $225,000, averaging $225,000, and reaching up to $225,000 — 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 1

Demographics Overview

Population 4,532
Population Growth (5Y) -12.1%
Median Household Income $59,575
College Educated 25.4%

Taxes & Financing

Tax Rate (average for all types) 1.84%
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Alger County

New Delisted

Total CRE Inventory on Market (SF)

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