Rapid River, MI Multifamily properties for sale

Updated: Aug 18, 2025

Waterfront Land with River Frontage

7952 Garth Point 25.25 Lane, Rapid River, MI 49878

$139,000

0.24 AC lot

Enjoy 72 feet of waterfrontage on the Whitefish River.
Quick access to Little Bay de Noc and world‑class fishing.
Foundation already in place for building a tiny home or rental cabin.
New 1,000‑gallon septic tank with drain field installed.
Utilities ready with natural gas available.

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Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 1 Active listings in Rapid River, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

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

Two-Home Residential Income Property

509 S 1st Avenue, Escanaba, MI 49829

$140,000

2,922 sqft · 0.18 AC lot

Two separate residences on one parcel offer flexible live-and-rent or rental-only configurations.

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Downtown Gladstone Multi-Family Investment

905 Delta Avenue, Gladstone, MI 48983-7

$209,995

3,694 sqft · 0.08 AC lot

Multi-family property with commercial space in downtown Gladstone, MI.

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Mixed-Use Investment in Downtown Gladstone

905 Delta Avenue, Gladstone, MI 49837

$209,995

3,694 sqft · 0.08 AC lot

Turn-key mixed-use property in the heart of downtown Gladstone, MI.

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Escanaba Commercial Landmark Building

1100 Ludington Street, Escanaba, MI 49829

$650,000

31,600 sqft · 0.16 AC lot

Prime downtown location with retail and office space.

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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.

Menominee City Building Lot

605 46th Avenue, Menominee, MI 49858

Contact for pricing

0.21 AC lot

Building lot near Henes Park, ready for construction.

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High-Elevation View Farmland Parcel

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

$2,950,000

74.20 AC lot

74-acre ridge-top farmland suited for residential development with expansive multi-directional water and sunset views.

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Traverse City Land with Utilities

4866 Luanne Lane, Traverse City, MI 49685

$59,000

0.52 AC lot

Half-acre lot with well, septic, gas, and electric hookup.

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Tippy Dam Lodge Retreat

1306 N Tippy Dam Road, Wellston, MI 49689

$999,900

22.24 AC lot

Unique lodge in Manistee National Forest with multiple buildings.

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Rapid River, MI Multifamily Properties Market Trends and Statistics

Explore 1 multifamily properties for sale in Rapid River, 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 $139,000.

Sale prices for multifamily properties in Rapid River, MI start at $139,000, averaging $139,000, and reaching up to $139,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

Rapid River, MI Multifamily Properties for Sale

7952 Garth Point 25.25 Lane, Rapid River, MI 49878