Negaunee, MI
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    Negaunee, MI Multifamily Properties for Sale

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    Ishpeming, MI Palmer, MI Marquette, MI
    Negaunee Duplex: Investment Opportunity
    $239,900
    2,078 SF

    Negaunee Duplex: Investment Opportunity

    315 TOBIN STREET, Negaunee, MI 49866

    Spacious duplex near downtown Negaunee with recent updates.

    • Great location near downtown Negaunee, parks, and the Iron Ore Heritage Trail.
    • Duplex offers investment potential or owner‑occupied living.
    • Each spacious unit features a 2 bedroom, 2 bathroom layout with potential for a 3rd bedroom.
    • Newly installed roof (May 2026) and new kitchen flooring in Unit 2 (May 2026).
    • Upper unit includes a private balcony, dedicated storage room, and attic access for expansion.
    Updated: May 27
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    Negaunee Duplex: Investment or Owner-Occupied
    $239,900
    2,078 SF

    Negaunee Duplex: Investment or Owner-Occupied

    315 Tobin Street, Negaunee, MI 49866

    Spacious duplex near downtown Negaunee with recent updates.

    • Great location near downtown Negaunee, parks, and the Iron Ore Heritage Trail.
    • Duplex offers investment or owner‑occupied potential.
    • Spacious units with 2 bedrooms and 2 bathrooms each, plus potential for a 3rd bedroom.
    • New roof installed in May 2026 and new kitchen flooring in Unit 2 (May 2026).
    • Features include a one‑car garage and large driveway with space for 6 cars.
    Updated: May 18
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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 Street, Negaunee, MI 49866
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    Based on your search, we've compiled 12 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, 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.

    Marquette 5-Plex Income Opportunity
    $525,000
    4,258 SF

    Marquette 5-Plex Income Opportunity

    Five-unit apartment building near downtown Marquette.

    421 N Front Street, Marquette, MI 49855
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    Downtown Ishpeming Mixed-Use Investment
    $499,900
    9,486 SF

    Downtown Ishpeming Mixed-Use Investment

    Commercial/residential building with storefronts and apartments in downtown Ishpeming.

    200 E Division St, Ishpeming, MI 49849
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    Updated Office and Apartment Buildings
    $420,000
    6,048 SF

    Updated Office and Apartment Buildings

    Multi-suite office and four apartment units in Marquette.

    321 N Front St, Marquette, MI 49855
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    Established Restaurant with Income Potential
    $399,900
    6,160 SF

    Established Restaurant with Income Potential

    Restaurant with apartments and retail space for sale.

    220 S Main, Ishpeming, MI 49849
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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
    Contact for pricing
    0.21 Acres

    Menominee City Building Lot

    Building lot near Henes Park, ready for construction.

    605 46th Avenue, Menominee, MI 49858
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    Breathtaking Farmland Development Opportunity
    $2,950,000
    74.20 Acres

    Breathtaking Farmland Development Opportunity

    72 acres of high-elevation farmland with sweeping, multi-directional views.

    Parcel C E Duck Lake Road, Suttons Bay, MI 49682
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    Traverse City Land with Utilities
    $59,000
    0.52 Acres

    Traverse City Land with Utilities

    Half-acre lot with well, septic, gas, and electric hookup.

    4866 Luanne Lane, Traverse City, MI 49685
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    RV Resort Corner Lot
    $62,500
    0.07 Acres

    RV Resort Corner Lot

    Corner lot at an all-ages RV resort with full hook-up electric, water, and sewer, ready for seasonal use or rental.

    Green Park Dr, Vista Green Rd lot: 83, South Boardman, MI 49680
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    Off-Market Properties in Negaunee, MI

    Consider similar Off-Market properties in Negaunee, MI. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    18189 Gould Ct
    Multifamily properties
    Lot: 0.78 Acres
    Value Estimation by Request

    18189 Gould Ct, Beverly Hills, MI 48025

    View details

    Negaunee, MI Multifamily Properties Investment Opportunities Market Analysis

    Explore 4 multifamily properties for sale in Negaunee, MI, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 9,512 square feet of properties for sale, with an estimated market value of $1,229,800.

    Sale prices for multifamily properties in Negaunee, MI start at $239,900, averaging $409,933, and reaching up to $750,000 — 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

    Duplexes 2
    Apartment buildings 1

    Demographics Overview

    Population 8,228
    Population Growth (5Y) +1.7%
    Median Household Income $83,433
    College Educated 42.4%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    49866 $409.9K

    Taxes & Financing

    Tax Rate (average for all types) 4.64%
    Property Tax per SF $81.75 per sq ft
    Average Loan-to-Value 65.0%

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