Multifamily

Newberry, MI Multifamily Properties for Sale

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Mcmillan, MI Engadine, MI Curtis, MI Hulbert, MI Paradise, MI Naubinway, MI Columbus, MI Gould City, MI
Mixed-Use Building with Apartments
Updated: Sep 30
Mixed-Use Building with Apartments

224 Newberry Ave, Newberry, MI 49868

$229,900
2,592 sqft
2,592‑square‑foot, two‑story masonry building
Two street‑level commercial spaces and three upper‑level apartments
All units currently rented
Rear on‑site parking plus street parking on Newberry Avenue
Commercial zoning
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Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Newberry, 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.

Lakefront Resort Portfolio
Lakefront Resort Portfolio

16930 W Manilak Drive, Mcmillan, MI 49853

$1,350,000
5,550 sqft 15.70 AC lot

Furnished lodging assets with lake access and expansion acreage.

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Waterfront Resort With Rental Cabins
Waterfront Resort With Rental Cabins

17461 W NORTON RD., Gould City, MI 49838

$1,325,000

Operational lakefront resort with weekly cabin rentals and an on-site owners residence.

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Lakefront Short-Term Rental Portfolio
Lakefront Short-Term Rental Portfolio

W16930 Manilak Dr, Mcmillan, MI 49853

$1,350,000

Furnished cabin portfolio with shared lake frontage, boats, and additional land for future development.

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Waterfront Cabin Resort
Waterfront Cabin Resort

17461 W Norton Rd., Gould City, MI 49838

$1,325,000

Operating seasonal resort with rental cabins, an owner residence, and an established booking system.

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Newberry, MI Multifamily Properties Market Trends and Statistics

Explore 1 multifamily properties for sale in Newberry, MI on our real estate platform. These investment opportunities span a total of 2,592 square feet of properties for sale, with an estimated market value of $229,900.

Sale prices for multifamily properties in Newberry, MI average $229,900 — 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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Demographics Overview

Population 5,231
Population Growth (5Y) -1.0%
Median Household Income $53,651
College Educated 27.5%

Taxes & Financing

Tax Rate (average for all types) 3.36%
Tax Rate vs County Average 0.04 pp above county avg
Average Loan-to-Value 65.0%

Total CRE Inventory on Market (SF)

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