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    Saint Louis, MI
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    Saint Louis, MI Multifamily Properties for Sale

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    Alma, MI Breckenridge, MI Ithaca, MI Wheeler, MI Elwell, MI Shepherd, MI Mt Pleasant, MI Riverdale, MI
    Two-Unit Duplex Investment Property
    Updated: Jul 2
    Two-Unit Duplex Investment Property

    Saint Louis, MI 48880

    $119,000
    1,200 sqft 0.18 AC lot
    Top/bottom duplex with 2 bedrooms and 1 full bathroom per unit
    Each unit offers approximately 600 sq ft of living space
    Lower unit is occupied by a long‑term tenant paying $575 per month
    Upper unit is vacant, allowing the new owner to select a tenant and adjust rent
    Metal roof and frame construction
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    Remodeled Historic Duplex with Apartment
    Updated: Apr 1
    Remodeled Historic Duplex with Apartment

    Saint Louis, MI 48880

    $249,000
    1,504 sqft 0.21 AC lot
    Fully remodeled in 2008 with interior drywall and updated finishes
    1,500 SF historic St. Louis home with 2‑car garage
    Covered back deck plus deck/porch features
    Fully fenced yard and sidewalk access
    750 SF attached apartment provides additional income
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    Remodeled Up-Down Duplex
    Remodeled Up-Down Duplex

    Saint Louis, MI 48880

    $129,000
    2,200 sqft 0.18 AC lot

    Fully remodeled duplex with two vacant units, offering flexible rental income opportunity in a multi-family zoned setting.

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    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    Historic St. Louis Home
    Historic St. Louis Home

    Saint Louis, MI 48880

    $249,000
    1,500 sqft

    Remodeled home with attached apartment near downtown St. Louis.

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    Remodeled Duplex in Downtown St. Louis
    Remodeled Duplex in Downtown St. Louis

    Saint Louis, MI 48880

    $129,000
    2,200 sqft 0.18 AC lot

    Fully remodeled duplex with steady cash flow in downtown St. Louis.

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    Based on your search, we've compiled 13 Potential Opportunities for your consideration. Besides 5 Active listings in Saint Louis, 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.

    Historic Multi-Family with Four Units
    Historic Multi-Family with Four Units

    323 W Wright Avenue, Shepherd, MI 48883

    $489,000
    5,000 sqft 0.68 AC lot

    Historic 4-unit configuration with basement, side yard, and parking for flexible rental or owner-occupied income use.

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    Historic Mixed-Use Building
    Historic Mixed-Use Building

    323 W Wright Avenue, Shepherd, MI 48883

    $489,000
    5,200 sqft 0.68 AC lot

    For sale with operating retail and furnished short-term rentals plus parking and a vacant side lot.

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    Mixed-Use Multi-Family with Retail
    Mixed-Use Multi-Family with Retail

    5705 N State Road, Alma, MI 48801

    $375,000
    2,579 sqft 3.45 AC lot

    Four fully rented apartments plus a leased commercial building provide combined residential and income-producing space.

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    Mixed-Use Property with Storefront
    Mixed-Use Property with Storefront

    5705 N State Road, Alma, MI 48801

    $375,000
    23,443 sqft 3.45 AC lot

    3.45-acre mixed-use property with four rented apartment units, a storefront commercial space, and multiple outbuildings.

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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.

    Residential Land in Riverdale
    Residential Land in Riverdale

    N Lumberjack Road, Riverdale, MI 48877

    Contact for pricing
    0.67 AC lot

    Vacant residential land suitable for building or mobile home placement.

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    Sanford Vacant Land with Utilities
    Sanford Vacant Land with Utilities

    978 timberlynn trail, Sanford, MI 48657

    Contact for pricing
    0.80 AC lot

    Two lots with water and electric hookups, lake access.

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    Private Campground Lot with Hookups
    Private Campground Lot with Hookups

    4537 Pine Run, Farwell, MI 48622

    $41,500
    0.75 AC lot

    Residentially zoned camping lot with three 30-amp electric hookups and septic connections, already prepped with pads.

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    Expansive Land with Development Potential
    Expansive Land with Development Potential

    VL N Fleming Road, Fowlerville, MI 48836

    $6,900,000
    354.27 AC lot

    350+ acres of prime land with two scenic lakes.

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    Saint Louis, MI Multifamily Properties Market Trends and Statistics

    Explore 5 multifamily properties for sale in Saint Louis, MI, showcased through 5 active listings on our real estate platform. These investment opportunities span a total of 8,604 square feet of properties for sale, with an estimated market value of $875,000.

    Sale prices for multifamily properties in Saint Louis, MI start at $119,000, averaging $175,000, and reaching up to $249,000 — 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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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Duplexes 5
    Quadplexes 1

    Demographics Overview

    Population 9,952
    Population Growth (5Y) +0.9%
    Median Household Income $56,108
    College Educated 14.2%

    High-Yield Neighborhoods for Investment

    Identify Saint Louis submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    48880 $193K

    Taxes & Financing

    Tax Rate (average for all types) 3.41%
    Tax Rate vs County Average 0.56 pp below county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Gratiot County

    New Delisted

    Total CRE Inventory on Market (SF)

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