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Petoskey, MI Multifamily Properties for Sale

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Petoskey Multifamily Investment Opportunity
$875,000
3.43 Acres

Petoskey Multifamily Investment Opportunity

138 E Sheridan St, Petoskey, MI 49770

Five-unit property near downtown Petoskey with strong cash flow.

  • Attractive cash flow with upside potential.
  • Four out of five units renovated with new electric, drywall, and flooring.
  • Well‑located close to downtown and services.
  • In‑place rent of approximately $8,100 per month.
  • Large lot with on‑site parking and green space.
Updated: Jan 28
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Petoskey Multifamily Investment Opportunity
$850,000
0.16 Acres

Petoskey Multifamily Investment Opportunity

524 State St, Petoskey, MI 49770

Well-maintained 6-unit multifamily property near downtown Petoskey.

  • Stable, in‑place rent of ~$8,150/month.
  • Well‑maintained 6‑unit multifamily property.
  • Recent upgrades include exterior paint, porch rebuild, foundation work, and breezeway update.
  • Located in a walkable Petoskey neighborhood near downtown, schools, and employment.
  • Mix of renovated units with durable finishes.
Updated: Jan 28
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Victorian-Style 5-Unit Multifamily Property
$850,000
0.17 Acres

Victorian-Style 5-Unit Multifamily Property

Petoskey 5-unit with recent renovations and strong rental demand.

624 Michigan St, Petoskey, MI 49770
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Petoskey Duplex: Income Potential
$350,000
1,816 SF

Petoskey Duplex: Income Potential

Centrally located Petoskey duplex with income potential near downtown.

513 Liberty St, Petoskey, MI 49770
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Based on your search, we've compiled 8 Potential Opportunities for your consideration. Besides 4 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.

Downtown Gaylord Mixed-Use Building
$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
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Gaylord Commercial Opportunity For Sale
$289,000

Gaylord Commercial Opportunity For Sale

Fourplex and office building with development potential on South Otsego.

2258 S Otsego Ave, Gaylord, MI 49735
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Bellaire Commercial/Industrial Opportunity
$289,000
2,400 SF

Bellaire Commercial/Industrial Opportunity

Well-maintained commercial building in Bellaire, Michigan, with retail and residential potential.

732 E Cayuga St, Bellaire, MI 49615
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Multifamily Property Near Downtown Bellaire
$975,000
9,173 SF

Multifamily Property Near Downtown Bellaire

Multi-unit residential property with warehouses and barn on 8+ acres.

6633 Bellaire Hwy, Bellaire, MI 49615
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Petoskey, MI Multifamily Properties Investment Opportunities Market Analysis

Explore 4 multifamily properties for sale in Petoskey, MI, showcased through 4 active listings on our real estate platform. These investment opportunities span a total of 163,786 square feet of properties for sale, with an estimated market value of $2,575,000.

Sale prices for multifamily properties in Petoskey, MI start at $850,000, averaging $858,333, and reaching up to $875,000 — 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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