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    Saint Louis, MI
    Multifamily

    Saint Louis, MI Multifamily Properties for Sale

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    Alma, MI Breckenridge, MI Ithaca, MI Wheeler, MI Elwell, MI Shepherd, MI Mount Pleasant, MI Riverdale, MI
    Remodeled Duplex with Attached Apartment
    Updated: Apr 1
    Remodeled Duplex with Attached Apartment

    Saint Louis, MI 48880

    $249,000
    1,504 sqft 0.21 AC lot
    750‑square‑foot attached apartment
    Remodeled in 2008
    Spacious two‑car garage
    0.21‑acre residential parcel
    Covered porch and deck
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    Duplex with Metal Roof
    Updated: Jul 2
    Duplex with Metal Roof

    Saint Louis, MI 48880

    $119,000
    1,200 sqft 0.18 AC lot
    Top/bottom duplex with two 2‑bedroom, 1‑bath units
    Lower unit currently occupied; upper unit vacant
    Metal roof and frame construction; built in 1900
    1,200 total SF on a 0.18‑acre lot
    Screened porch and additional porch space
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    Up/Down Duplex with Screened Porch
    Up/Down Duplex with Screened Porch

    Saint Louis, MI 48880

    $129,000
    2,200 sqft 0.18 AC lot

    Fully remodeled up/down duplex with two vacant units, multi-family zoning, and deck and screened porch exterior features.

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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, 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 10 Potential Opportunities for your consideration. Besides 5 Active listings in Saint Louis, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 1 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 Quadplex with Covered Porch
    Historic Quadplex with Covered Porch

    323 W Wright Avenue, Shepherd, MI 48883

    $489,000
    5,000 sqft 0.68 AC lot

    Historic quadplex on a large lot with covered porch, full basement, and features including hardwood floors and laundry hookups.

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    Mixed-Use Building with Rental Units
    Mixed-Use Building with Rental Units

    323 W Wright Avenue, Shepherd, MI 48883

    $489,000
    5,200 sqft 0.68 AC lot

    Wood-frame commercial property combining an operating retail space, furnished short-term rentals, parking, and an open side lot.

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    Quadplex with Commercial Storefront
    Quadplex with Commercial Storefront

    5705 N State Road, Alma, MI 48801

    $375,000
    2,579 sqft 3.45 AC lot

    Mixed-use quadplex with commercial store frontage, office space, and multiple outbuildings on 3.45 acres.

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    Mixed-Use Property with Income Potential
    Mixed-Use Property with Income Potential

    5705 N State Road, Alma, MI 48801

    $375,000
    2,579 sqft 3.45 AC lot

    3.45-acre property with residential and commercial rental income.

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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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    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 $165.7K

    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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