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Negaunee, MI Multifamily Properties for Sale

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Versatile Commercial Space in Negaunee
$200,000
10,932 SF

Versatile Commercial Space in Negaunee

401 Jackson St, Negaunee, MI 49866

10,932 SF commercial/industrial space in historic downtown Negaunee.

  • Nearly 11,000 sq ft of versatile space in historic downtown Negaunee.
  • New roof installed in 2024 with a 15‑year transferable guarantee.
  • Suitable for warehouse, retail, studio apartments, or new business ventures.
  • Located in a vibrant downtown area.
  • Land Contract will be considered.
Updated: Jan 5
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Turnkey Mixed-Use Investment Opportunity
$379,900
4,441 SF

Turnkey Mixed-Use Investment Opportunity

338 Rail St, Negaunee, MI 49866

Mixed-use property with short-term rental and commercial space.

  • Turnkey mixed‑use property with immediate income: High‑performing short‑term rental upstairs and a fully leased commercial space downstairs.
  • Strong short‑term rental performance: 4.98‑star rating with 91 reviews and approximately $50,460 in year‑to‑date revenue.
  • Reliable commercial income: Leased at $1,400/month through October 2026 with tenant‑paid utilities.
  • Recent renovations and upgrades: Includes new furnishings (2022), updated appliances, 2025 tankless water heater, new washer/dryer (2025), electrical improvements, and a full sewer line replacement (2022).
  • Convenient smart home features: Ecobee smart thermostat and Schlage Encode keyless entry system.
Updated: Dec 10, 2025
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Turnkey Restaurant & Rental Income
$750,000
5,356 SF

Turnkey Restaurant & Rental Income

Established restaurant and bar with five rental units in Negaunee.

305 Iron St, Negaunee, MI 49866
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Based on your search, we've compiled 8 Potential Opportunities for your consideration. Besides 3 Active listings in Negaunee, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 1 Off-Market properties to explore as potential leads

Explore Opportunities in Nearby Cities

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

Spacious Duplex Near Downtown Ishpeming
$165,000
2,621 SF

Spacious Duplex Near Downtown Ishpeming

Large duplex on corner lot, ideal for investors or owner-occupants.

635 N 5Th St, Ishpeming, MI 49849
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Renovated Duplex - Turn-Key Investment
$229,000
1,850 SF

Renovated Duplex - Turn-Key Investment

Extensively renovated duplex in Ishpeming, MI, ideal for investment.

312 S 3Rd St, Ishpeming, MI 49849
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Marquette Commercial Property with Apartment
$450,000
2,512 SF

Marquette Commercial Property with Apartment

Versatile commercial property with residential opportunities and income potential.

325 Erickson St, Marquette, MI 49855
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Downtown Marquette Turnkey Business Opportunity
$889,000
3,456 SF

Downtown Marquette Turnkey Business Opportunity

Profitable coffee shop with two apartments in downtown Marquette.

223 W Washington St, Marquette, MI 49855
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Negaunee, MI Multifamily Properties Investment Opportunities Market Analysis

Explore 3 multifamily properties for sale in Negaunee, MI, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 57,935 square feet of properties for sale, with an estimated market value of $1,604,900.

Prices for multifamily properties in Negaunee, MI start at $200,000, averaging $534,966, and reaching up to $1,025,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you have the most current data.

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