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    Rapid City, MI
    Multifamily

    Rapid City, MI Multifamily Properties for Sale

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    Alden, MI Kalkaska, MI Williamsburg, MI Bellaire, MI Elk Rapids, MI Mancelona, MI Kewadin, MI South Boardman, MI
    Furnished Waterfront Short-Term Rental
    Updated: Sep 24
    Furnished Waterfront Short-Term Rental

    6926 Aarwood Trail NW, Rapid City, MI 49676

    Contact for pricing
    2,526 sqft 2.20 AC lot
    2,526 SF log home with 3 bedrooms, 2 bathrooms, and capacity for up to 20 guests
    2.2 wooded acres with approximately 156 feet of Rapid River frontage
    Waterfront access to the Lower Antrim Chain of Lakes; Torch Lake is approximately one mile away
    Private dock, screened porch, expansive deck, firepit, and kayaks
    Attached garage includes an EV charger
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    Realmo Analytics Monitor Off-market properties and contact owners who are ready to sell. Many signals applied to make quality leads for you. Get Leads
    1 active listing matches your search: Multifamily for sale in Rapid City, MI. Based on your search, we've also compiled 5 Potential Opportunities for your consideration: 4 properties in nearby cities and 1 land listing with development potential.

    Opportunities in Nearby Cities

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

    4-Unit Quadplex with Updated Systems
    4-Unit Quadplex with Updated Systems

    10456 S Us-31 S, Elk Rapids, MI 49629

    $850,000
    700 sqft

    Four existing residences have updated exterior components and mechanical systems, with interior finishes left for the next owner.

    View details
    Mixed-Use Property with Garage
    Mixed-Use Property with Garage

    312 Pine Street, Elk Rapids, MI 49629

    $495,000
    3,475 sqft

    R-2-zoned property with grandfathered commercial use and potential for residential or approved community-oriented conversion.

    View details
    Updated Duplex with Ranch Layout
    Updated Duplex with Ranch Layout

    7228 S M-88, Bellaire, MI 49615

    $394,000
    1,784 sqft 1.00 AC lot

    Two residential units include remodeled kitchens, bathrooms, and dedicated laundry areas.

    View details
    Updated Duplex with Two Units
    Updated Duplex with Two Units

    7228 S M-88, Bellaire, MI 49615

    $394,000
    1,784 sqft 1.00 AC lot

    Ranch-style duplex with refreshed kitchens, remodeled bathrooms, and laundry accommodations serving both units.

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Elevated Farmland Development Parcel
    Elevated Farmland Development Parcel

    Parcel C E Duck Lake Road, Suttons Bay, MI 49682

    $2,400,000
    74.20 AC lot

    Developable farmland parcel offers ridge-top elevation and multi-directional water views near Suttons Bay.

    View details

    Rapid City, MI Multifamily Properties Market Trends and Statistics

    Explore 1 multifamily properties for sale in Rapid City, MI on our real estate platform. These investment opportunities span a total of 2,526 square feet of properties for sale.

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    Demographics Overview

    Population 3,689
    Population Growth (5Y) +4.1%
    Median Household Income $67,479
    College Educated 43.1%

    Taxes & Financing

    Tax Rate (average for all types) 2.96%
    Property Tax per SF $16.63 per SF
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Kalkaska County

    New Delisted

    Total CRE Inventory on Market (SF)

    How Realmo verifies these figures

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