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    Saint Louis, MI Multifamily Properties for Sale

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    Alma, MI Breckenridge, MI Ithaca, MI
    Downtown St. Louis Mixed-Use Building
    $144,900
    6,400 SF

    Downtown St. Louis Mixed-Use Building

    Saint Louis, MI 48880

    Mixed-use building with storefronts and residential potential.

    • 6400 sq ft building in a prime downtown location near M46.
    • Potential for 4 residential apartments (3200 sq ft unfinished upstairs) with state incentive programs available.
    • Two storefronts, offering flexibility for business use and rental income.
    • Recent renovations on the north side: newer flooring, front windows, and exposed tin ceilings.
    • Newer membrane roof with a lifetime warranty.
    Updated: Feb 24
    View details
    St. Louis Duplex with Income
    $249,000
    1,504 SF

    St. Louis Duplex with Income

    Saint Louis, MI 48880

    Remodeled duplex near downtown St. Louis with income potential.

    • 750 sq ft attached apartment provides additional income stream
    • Spacious 2 car garage
    • Fully remodeled in 2008
    • 1,500 square feet of living space
    • Fully fenced in yard
    Updated: Apr 1
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    Remodeled Duplex in Downtown St. Louis
    $129,000
    2,200 SF

    Remodeled Duplex in Downtown St. Louis

    Cash-flowing duplex with updated finishes in downtown St. Louis.

    Saint Louis, MI 48880
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    Historic St. Louis Home
    $249,000
    1,500 SF

    Historic St. Louis Home

    Remodeled home with attached apartment near downtown St. Louis.

    Saint Louis, MI 48880
    View details
    Based on your search, we've compiled 12 Potential Opportunities for your consideration. Besides 4 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.

    Well-Maintained Duplex on Corner Lot
    $99,900

    Well-Maintained Duplex on Corner Lot

    Reliable investment property with strong rental history and remodeled features.

    501 N Pine River St, Ithaca, MI 48847
    View details
    Mixed-Use Property with Rental Income
    $375,000
    2,579 SF

    Mixed-Use Property with Rental Income

    3.45-acre property with residential and commercial rental income.

    5705 N State Road, Alma, MI 48801
    View details
    Investment
    $160,000

    Investment

    Quadplexes

    302 N Pine River St, Ithaca, MI 48847
    View details
    Mixed-Use Property with Income Potential
    $375,000
    23,443 SF

    Mixed-Use Property with Income Potential

    3.45-acre mixed-use property with residential and commercial income.

    5705 N State Road, Alma, MI 48801
    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.

    Residential Land in Riverdale
    Contact for pricing
    0.67 Acres

    Residential Land in Riverdale

    Vacant residential land suitable for building or mobile home placement.

    TBD N Lumberjack Road, Riverdale, MI 48877
    View details
    Sanford Vacant Land with Utilities
    Contact for pricing
    0.80 Acres

    Sanford Vacant Land with Utilities

    Two lots with water and electric hookups, lake access.

    978 timberlynn trail, Sanford, MI 48657
    View details
    Recreational Land in Gated Community
    $44,000
    0.75 Acres

    Recreational Land in Gated Community

    0.75-acre lot with hookups in White Birch Lakes Association.

    4537 Pine Run, Farwell, MI 48622
    View details
    Expansive Land with Development Potential
    $6,900,000
    354.27 Acres

    Expansive Land with Development Potential

    350+ acres of prime land with two scenic lakes.

    VL N Fleming Road, Fowlerville, MI 48836
    View details

    Saint Louis, MI Multifamily Properties Investment Opportunities Market Analysis

    Explore 4 multifamily properties for sale in Saint Louis, MI, showcased through 4 active listings on our real estate platform. These investment opportunities span a total of 11,604 square feet of properties for sale, with an estimated market value of $771,900.

    Sale prices for multifamily properties in Saint Louis, MI start at $129,000, averaging $192,975, 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

    Duplexes 4
    Apartment buildings 2

    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 median 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%

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