Petoskey, MI Multifamily properties for sale

Updated: Jul 2

Mixed-Use Property with Rental Units

525 W Mitchell Street, Petoskey, MI 49770

$1,870,000

10,580 sqft

Approximately 10,580 sq ft of rental opportunity
16 micro rental units, each with a bath
House includes a backyard, 2B, 2B, and 1 garage
Two larger commercial spaces for office or retail use
Across from a regional hospital and walkable to downtown restaurants and the waterfront

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Updated: Jul 2

Three-Unit Mixed-Use Property

602 Jackson Street, Petoskey, MI 49770

$564,900

2,329 sqft

2,329‑square‑foot mixed‑use property with 3 units
Professional office space has a long‑term lease in place
Two 1‑bedroom, 1‑bath apartments, including one owner‑occupied unit
Upper apartment offers bay views from the living room, kitchen, and deck
Detached 1‑stall garage included

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Updated Duplex with Private Entrances

415 Liberty Street, Petoskey, MI 49770

$559,900

2,318 sqft

Remodeled two-unit residence with separate access, in-unit laundry, driveway parking, and a flexible lower-level den.

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See what stands out in Emmet County

We check every for-sale listing in the county against comparable properties across the country. Most price about where you would expect. A few are worth a second look.

We check every listing here. A few are worth a second look.

Cap Rate available after sign in

NOI available after sign in

Local Demand available after sign in

Two-Unit Duplex with Garage

513 Liberty St, Petoskey, MI 49770

$340,000

1,816 sqft

Separate apartments include a spacious main-level residence and an updated upper unit.

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Remodeled Upper-Unit Duplex

513 Liberty St, Petoskey, MI 49770

$340,000

1,816 sqft

Two-unit residential property with flexible layouts, resident parking, and RM-2 zoning near key Petoskey destinations.

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Mixed-Use Building with Rental Micro-Units

525 W Mitchell St, Petoskey, MI 49770

Contact for pricing

22,405 sqft

Commercially zoned building across from a regional hospital with micro rental units and office/retail space.

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Remodeled Duplex with Private Entrances

415 Liberty Street, Petoskey, MI 49770

$559,900

Updated two-unit property with separate entrances, in-unit laundry, and driveway parking.

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Based on your search, we've compiled 11 Potential Opportunities for your consideration. Besides 7 Active listings in Petoskey, 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.

Commercial Development Land with Road Frontage

1314/1316 Boyne Avenue, Boyne City, MI 49712

$995,000

2,005 sqft 1.89 AC lot

High-visibility industrial-comm parcel with extensive frontage, city sewer access, and existing rental residences.

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Restored Mixed-Use Building

211 Bridge, Charlevoix, MI 49720

$3,995,000

10,500 sqft

Commercially zoned property combines street-level retail with short-term rental apartments.

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Historic Mixed-Use Building with Retail

211 Bridge Street, Charlevoix, MI 49720

Contact for pricing

10,500 sqft

Restored 1915 building offering street-level retail and multiple renovated apartment units, including short-term rentals and rooftop amenities.

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Commercial Land with Road Frontage

1314/1316 M-75, Boyne City, MI 49712

$995,000

2,500 sqft 1.89 AC lot

Nearly 2 acres with 270 feet of high-visibility frontage, city sewer access, and two rental homes plus an accessory pole barn.

View details

Petoskey, MI Multifamily Properties Market Trends and Statistics

Explore 7 multifamily properties for sale in Petoskey, MI, showcased through 7 active listings on our real estate platform. These investment opportunities span a total of 41,264 square feet of properties for sale, with an estimated market value of $4,234,700.

Sale prices for multifamily properties in Petoskey, MI start at $340,000, averaging $705,783, and reaching up to $1,870,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

Neighborhood	Average Price
49770	$705.8K

Neighborhood

Average Price

49770

$705.8K

Featured Petoskey Real Estate Agencies

Realmo connects you with licensed Petoskey CRE brokers providing property specifications, local market pricing, and commercial transaction underwriting support.

Petoskey Real Estate Group

2206 Mitchell Park Drive, Unit 10 Petoskey, MI 49770

Phone: 12314099119

petoskeyregroup.com/