Petoskey, MI Multifamily properties for sale

$350,000

1,816 SF

Petoskey Duplex: Income Potential

513 Liberty St, Petoskey, MI 49770

Centrally located Petoskey duplex with income potential near downtown.

Prime location: Centrally located between downtown Petoskey, the waterfront, and McLaren Hospital.
Income potential: Features a one‑bedroom apartment with a steady tenant.
Flexible living options: Ideal for investors or owner‑occupants.
Main‑level unit: Includes three bedrooms and an open kitchen and dining area.
Convenient parking: Offers a one‑car garage plus private parking in the back.

Updated: Oct 31, 2025

View details

Versatile Commercial Property Near Hospital

$1,997,000

10,580 SF

Versatile Commercial Property Near Hospital

525 W Mitchell St, Petoskey, MI 49770

Commercially zoned property with multiple rental opportunities near downtown.

High Income Potential: 16 micro rental units, 2 commercial spaces, and a house offer diverse income streams.
Prime Location: Across from a regional hospital and walkable to downtown Petoskey's restaurants and waterfront.
Versatile Zoning: Commercially zoned COP‑B‑3 & RM‑2 allows for various business and residential uses.
Substantial Rental Space: Approximately 10,580 sq ft of rental opportunity.
Recent Upgrades: Includes a new $90K roof, new windows, and updated vanities/sinks.

Updated: Nov 14, 2025

View details

Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 2 Active listings in Petoskey, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities

Explore Opportunities in Nearby Cities

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

Mixed-Use Building in Downtown Charlevoix

$1,700,000

5,656 SF

Mixed-Use Building in Downtown Charlevoix

Prime mixed-use property with restaurant and residential units.

109 & 111 Brg, Charlevoix, MI 49720

View details

$1,199,000

52.00 Acres

25 Acres Commercial Land Available

25 acres of commercial land ideal for RV Park.

0000 Us 31 N, Charlevoix, MI 49720

View details

$325,000

4,822 SF

Downtown Gaylord Mixed-Use Building

Commercial building with mixed-use potential and upper-level apartment.

144 W Main St, Gaylord, MI 49735

View details

$289,000

Gaylord Commercial Opportunity For Sale

Fourplex and office building with development potential on South Otsego.

2258 S Otsego Ave, Gaylord, MI 49735

View details

Petoskey, MI Multifamily Properties Investment Opportunities Market Analysis

Explore 2 multifamily properties for sale in Petoskey, MI on our real estate platform. These investment opportunities span a total of 0 square feet of properties for sale, with an estimated market value of $2,347,000.

Prices for multifamily properties in Petoskey, MI start at $350,000, averaging $1,173,500, and reaching up to $1,997,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you have the most current data.

Petoskey, MI Multifamily Properties for Sale

Petoskey Duplex: Income Potential

Centrally located Petoskey duplex with income potential near downtown.

Versatile Commercial Property Near Hospital

Commercially zoned property with multiple rental opportunities near downtown.

Explore Opportunities in Nearby Cities

Mixed-Use Building in Downtown Charlevoix

25 Acres Commercial Land Available

Downtown Gaylord Mixed-Use Building

Gaylord Commercial Opportunity For Sale

Petoskey, MI Multifamily Properties Investment Opportunities Market Analysis

Popular Searches in Petoskey, MI

Most Searched ZIP Codes in Petoskey, MI

Petoskey, MI Multifamily Properties for Sale

Petoskey Duplex: Income Potential

Centrally located Petoskey duplex with income potential near downtown.

Versatile Commercial Property Near Hospital

Commercially zoned property with multiple rental opportunities near downtown.

Explore Opportunities in Nearby Cities

Mixed-Use Building in Downtown Charlevoix

25 Acres Commercial Land Available

Downtown Gaylord Mixed-Use Building

Gaylord Commercial Opportunity For Sale

Petoskey, MI Multifamily Properties Investment Opportunities Market Analysis

Popular Searches in Petoskey, MI

Most Searched ZIP Codes in Petoskey, MI

Select Neighborhood