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    Sault Sainte Marie, MI
    Multifamily

    Sault Sainte Marie, MI Multifamily Properties for Sale

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    Barbeau, MI Brimley, MI Rudyard, MI Kinross, MI Pickford, MI
    9 properties
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    Mixed-Use Building with Apartments
    Updated: Feb 19
    Mixed-Use Building with Apartments

    Sault Sainte Marie, MI 49783

    $510,000
    4,942 sqft 0.10 AC lot
    4,942 SF mixed‑use building on a 0.0953‑acre lot
    2,375 SF main‑floor salon with 8 chairs and reception area
    Two upstairs apartments, including a 2‑bedroom, 1‑bath unit
    Second apartment has a long‑term month‑to‑month tenant
    Basement storage and commercial kitchen area
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    Tourist-Zoned Duplex with Storefront
    Updated: Jul 11
    Tourist-Zoned Duplex with Storefront

    Sault Sainte Marie, MI 49783

    $199,000
    2,580 sqft 0.19 AC lot
    Tourist zoning at 506 E Portage Ave, Sault Ste Marie, MI 49783
    2,580 square feet on a 0.1938‑acre parcel
    Upper‑level 2‑bedroom, 1‑bath apartment with living and dining areas
    Lower studio‑style space with large storefront windows
    Full basement and on‑site parking
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    13-Unit Motel with Residence
    13-Unit Motel with Residence

    Sault Sainte Marie, MI 49783

    $350,000
    5,293 sqft

    B-3-zoned hospitality property includes kitchen, storage, and attached living quarters.

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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Renovated Motel
    Renovated Motel

    Sault Sainte Marie, MI 49783

    $1,250,000
    9,959 sqft

    Furnished lodging property with a pool, laundry facilities, living quarters, and security systems.

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    Three-Unit Multifamily Property
    Three-Unit Multifamily Property

    Sault Sainte Marie, MI 49783

    $99,000
    2,520 sqft 0.09 AC lot

    Vacant multifamily property with two-bedroom and one-bedroom units, off-street parking, and public utilities.

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    Multi-Unit Apartment Property
    Multi-Unit Apartment Property

    Sault Sainte Marie, MI 49783

    $397,500
    0.32 AC lot

    Six-bedroom property with five bathrooms, a basement, and public water and sewer service.

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    Duplex With Attached Garage
    Duplex With Attached Garage

    Sault Sainte Marie, MI 49783

    $87,500
    1,720 sqft 0.14 AC lot

    Two-unit property with basement space, public utilities, and proximity to shopping, restaurants, and local amenities.

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    Mixed-Use Property with Retail Frontage
    Mixed-Use Property with Retail Frontage

    Sault Sainte Marie, MI 49783

    $270,000
    2,710 sqft 0.07 AC lot

    Ground-level retail space pairs with an upstairs two-bedroom short-term rental.

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    Historic Mixed-Use Building
    Historic Mixed-Use Building

    Sault Sainte Marie, MI 49783

    $399,000
    0.07 AC lot

    Three rental units are positioned above three street-facing storefronts in a downtown district setting.

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    Based on your search, we've compiled 13 Potential Opportunities for your consideration. Besides 9 Active listings in Sault Sainte Marie, 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.

    Lakefront Resort Portfolio
    Lakefront Resort Portfolio

    16930 W Manilak Drive, Mcmillan, MI 49853

    $1,350,000
    5,550 sqft 15.70 AC lot

    Furnished lodging assets with lake access and expansion acreage.

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    Renovated Triplex with Vacant Unit
    Renovated Triplex with Vacant Unit

    321 Dresser Street, Cheboygan, MI 49721

    $209,900

    Three apartments include two one-bedroom units and one two-bedroom unit.

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    Lakefront Short-Term Rental Portfolio
    Lakefront Short-Term Rental Portfolio

    W16930 Manilak Dr, Mcmillan, MI 49853

    $1,350,000

    Furnished cabin portfolio with shared lake frontage, boats, and additional land for future development.

    View details
    6-Unit Apartment Building
    6-Unit Apartment Building

    123 N BAILEY STREET, Cheboygan, MI 49721

    $399,000

    Attached garage, storage, basement space, and paved rear parking support the property’s residential configuration.

    View details

    Sault Sainte Marie, MI Multifamily Properties Market Trends and Statistics

    Explore 9 multifamily properties for sale in Sault Sainte Marie, MI, showcased through 9 active listings on our real estate platform. These investment opportunities span a total of 29,724 square feet of properties for sale, with an estimated market value of $3,562,000.

    Sale prices for multifamily properties in Sault Sainte Marie, MI start at $87,500, averaging $395,777, and reaching up to $1,250,000 — 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 3
    Apartment buildings 2
    Short term rental properties 2
    Triplexes 2

    Demographics Overview

    Population 24K
    Population Growth (5Y) -18.3%
    Median Household Income $58,587
    College Educated 10.4%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    49783 $395.8K

    Taxes & Financing

    Tax Rate (average for all types) 3.35%
    Tax Rate vs County Average 0.06 pp above county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Chippewa County

    New Delisted

    Total CRE Inventory on Market (SF)

    Average Property Price per SF

    For-sale pricing trends across core commercial property types in Chippewa County

    Retail

    Office

    Residential Income

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