Multifamily

Pentwater, MI Multifamily Properties for Sale

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Hart, MI Mears, MI Ludington, MI Scottville, MI Shelby, MI Custer, MI New Era, MI Walkerville, MI
Rebuilt Apartment Buildings
Updated: Aug 27
Rebuilt Apartment Buildings

9523 N Business 31, Pentwater, MI 49449

$2,700,000
2.19 AC lot
10 long‑term rental units plus an owner's suite and property manager quarters
Three residential structures and a separate 20x20 heated pump house
2.19‑acre property with lake waterfront
South Building includes 7 units; North Building includes 3 units
Rebuilt from the studs with new siding, interiors, appliances, furnaces, and AC units
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Historic Two-Unit Duplex
Updated: Aug 27
Historic Two-Unit Duplex

259 S Wythe Street, Pentwater, MI 49449

$495,000
0.23 AC lot
Two‑unit duplex with six total bedrooms and separate living quarters
Lower residence includes three bedrooms, kitchen with dining area, and family room
Upper residence offers three bedrooms, kitchen, dining area, and living room
0.23‑acre lot with a two‑stall garage and additional storage shed
Built in 1890 with vinyl siding and a composition roof
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Historic Two-Unit Duplex
Historic Two-Unit Duplex

259 S WYTHE STREET, Pentwater, MI 49449

$495,000

Two separate living spaces include kitchens, dining areas, and living rooms.

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Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
Based on your search, we've compiled 7 Potential Opportunities for your consideration. Besides 3 Active listings in Pentwater, 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.

Historic Mixed-Use Theatre Building
Historic Mixed-Use Theatre Building

27 S State Street, Hart, MI 49420

$399,900
7,400 sqft 0.08 AC lot

Downtown property combining a preserved theatre interior with upper-level residential space and lake-facing outdoor areas.

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Historic Theatre Building
Historic Theatre Building

27 S State St, Hart, MI 49420

$399,900
7,400 sqft

Original theatre elements, residential space, basement storage, and outdoor living area create a flexible downtown property.

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RV Sites and Boat Slips
RV Sites and Boat Slips

Ludington, MI 49431

$849,900
1.70 AC lot

Turnkey business opportunity with RV sites and boat slips.

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Lakefront Marina with RV Sites
Lakefront Marina with RV Sites

846 S Lakeshore Drive, Ludington, MI 49431

$849,900
800 sqft 1.70 AC lot

Waterfront operation with boat slips, RV sites, and updated docks and shoreline improvements.

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Pentwater, MI Multifamily Properties Market Trends and Statistics

Explore 3 multifamily properties for sale in Pentwater, MI, showcased through 3 active listings on our real estate platform.

Sale prices for multifamily properties in Pentwater, MI start at $495,000, averaging $1,230,000, and reaching up to $2,700,000 — 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 2
Apartment buildings 1

Demographics Overview

Population 2,794
Population Growth (5Y) +8.4%
Median Household Income $74,286
College Educated 59.7%

High-Yield Neighborhoods for Investment

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

Neighborhood Average Price
49449 $1.2M

Taxes & Financing

Tax Rate (average for all types) 2.91%
Property Tax per SF $81.54 per SF
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Oceana County

New Delisted

Total CRE Inventory on Market (SF)

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