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    Saranac, MI
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    Saranac, MI Multifamily Properties for Sale

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    Approved Triplex Development Property
    Updated: Aug 5
    Approved Triplex Development Property

    146 Church Street, Saranac, MI 48881

    $95,000
    0.17 AC lot
    Approved variance for a 3 unit building
    Six rear parking spots with paved surfacing
    0.17‑acre property in Saranac, MI
    Blank‑slate interior with blueprint drawings available
    Seven bedrooms, four bathrooms, and a basement
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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Saranac, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

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

    Brick Mixed-Use Building
    Brick Mixed-Use Building

    405 W Main Street, Ionia, MI 48846

    $700,000
    11,386 sqft 0.21 AC lot

    Five leased apartments and two ground-floor retail suites occupy a downtown Main Street property.

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    Two-Unit Duplex with Deck
    Two-Unit Duplex with Deck

    204/206 S Clay st, Greenville, MI 48838

    $214,900
    1,970 sqft 0.25 AC lot

    Two occupied residences offer different bedroom configurations, with driveway parking and outdoor space on a quarter-acre parcel.

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    Duplex with Two Rented Units
    Duplex with Two Rented Units

    204/206 S. Clay st, Greenville, MI 48838

    $214,900
    1,970 sqft

    Updated two-unit property with occupied rentals and a backyard near shops, dining, and everyday amenities.

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    12-Unit Apartment Building Under Construction
    12-Unit Apartment Building Under Construction

    533 E Washington St, Ionia, MI 48846

    $650,000
    4,300 sqft

    Partially developed multifamily project with approved unit count and PUD-3 zoning in Ionia.

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    Saranac, MI Multifamily Properties Market Trends and Statistics

    Explore 1 multifamily properties for sale in Saranac, MI on our real estate platform.

    Sale prices for multifamily properties in Saranac, MI average $95,000 — 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

    Triplexes 1

    Demographics Overview

    Population 5,358
    Population Growth (5Y) -8.8%
    Median Household Income $76,915
    College Educated 32.5%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    48881 $177K

    Taxes & Financing

    Tax Rate (average for all types) 4.54%
    Property Tax per SF $72.03 per SF
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Ionia County

    New Delisted

    Total CRE Inventory on Market (SF)

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