Advertise
    Sault Sainte Marie, MI
    Multifamily

    Sault Sainte Marie, MI Multifamily Properties for Sale

    Notify Me
    List
    Map
    Brimley, MI Barbeau, MI Rudyard, MI Kinross, MI Pickford, MI
    6 properties
    Renovated Roadside Motel
    Updated: May 26
    Renovated Roadside Motel

    Sault Sainte Marie, MI 49783

    $1,250,000
    9,959 sqft
    Renovated 1950s roadside motel in the heart of Sault Ste. Marie.
    Operating as a boutique vacation rental business.
    Owned by a licensed Realtor.
    View details
    Mixed-Use Salon and Apartments
    Updated: Mar 12
    Mixed-Use Salon and Apartments

    Sault Sainte Marie, MI 49783

    $510,000
    4,942 sqft
    Mixed‑use commercial building with a 2,375 SF main floor salon
    Salon setup includes 8 chairs and 9 stylists, plus massage therapy and reception areas
    Two apartments upstairs, including a modern two‑bedroom, one‑bath unit with exposed brick and granite countertops
    Modern downtown‑style apartment features soaring ceilings
    Salon is located on Ashmun Street near the Soo Theatre and across from the Small Mall
    View details
    Mixed-Use Building with Retail & Residence
    Mixed-Use Building with Retail & Residence

    Sault Sainte Marie, MI 49783

    $270,000
    2,710 sqft

    Move-in-ready ground-floor retail with storefront frontage plus a completed two-bedroom short-term rental on the second level.

    View details
    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    Mixed-Use Live-Work Property
    Mixed-Use Live-Work Property

    Sault Sainte Marie, MI 49783

    $199,000
    2,580 sqft 0.19 AC lot

    Two-level property includes a 2-bedroom apartment above and a studio-style space with storefront windows below.

    View details
    Multi-Unit Apartment Building
    Multi-Unit Apartment Building

    Sault Sainte Marie, MI 49783

    $397,500
    0.32 AC lot

    Multi-unit apartment building for sale in Sault Ste. Marie, MI, offered by a Michigan-licensed real estate agent.

    View details
    Duplex with Attached Garage
    Duplex with Attached Garage

    Sault Sainte Marie, MI 49783

    $97,500
    1,720 sqft 0.14 AC lot

    Duplex offers updated features and generous living space in a layout suited to long-term or student renters.

    View details
    Based on your search, we've compiled 14 Potential Opportunities for your consideration. Besides 6 Active listings in Sault Sainte Marie, 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 Mixed-Use Building with Rooftop
    Historic Mixed-Use Building with Rooftop

    211 Bridge, Charlevoix, MI 49720

    $3,995,000
    10,500 sqft

    Restored brick mixed-use property with retail space, multiple apartments, and a rooftop gathering area with plunge pool.

    View details
    Remodeled Duplex with Private Entrances
    Remodeled Duplex with Private Entrances

    415 Liberty Street, Petoskey, MI 49770

    $559,900
    2,318 sqft

    Updated duplex offers two separate units with private entrances and in-unit laundry for flexible owner or tenant use.

    View details
    Duplex with Two Separate Units
    Duplex with Two Separate Units

    513 Liberty St, Petoskey, MI 49770

    $340,000
    1,816 sqft

    Duplex offering a three-bedroom main-level unit and a remodeled one-bedroom upper unit, plus a one-car garage and off-street parking.

    View details
    Historic Mixed-Use Building with Retail
    Historic Mixed-Use Building with Retail

    211 Bridge Street, Charlevoix, MI 49720

    Contact for pricing
    10,500 sqft

    Restored 1915 building offering street-level retail and multiple renovated apartment units, including short-term rentals and rooftop amenities.

    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.

    Elevated Farmland Development Parcel
    Elevated Farmland Development Parcel

    Parcel C E Duck Lake Road, Suttons Bay, MI 49682

    $2,600,000
    74.20 AC lot

    Developable farmland parcel offers ridge-top elevation and multi-directional water views near Suttons Bay.

    View details
    Traverse City Land with Utilities
    Traverse City Land with Utilities

    4866 Luanne Lane, Traverse City, MI 49685

    $59,000
    0.52 AC lot

    Half-acre lot with well, septic, gas, and electric hookup.

    View details
    Recreational Lot with Boat Slip
    Recreational Lot with Boat Slip

    831 S Main Street, Au Gres, MI 48703

    Contact for pricing
    0.01 AC lot

    Recreational condo lot at Sleepy Oaks Harbour with a boat slip for up to a 25' boat and associated trailer improvements.

    View details
    Log Lodge Resort with Multiple Buildings
    Log Lodge Resort with Multiple Buildings

    1306 N Tippy Dam Road, Wellston, MI 49689

    $999,900
    22.24 AC lot

    Tippy Dam Lodge includes three log-built facilities and two additional homes, accommodating up to 22 guests.

    View details

    Sault Sainte Marie, MI Multifamily Properties Market Trends and Statistics

    Explore 6 multifamily properties for sale in Sault Sainte Marie, MI, showcased through 6 active listings on our real estate platform. These investment opportunities span a total of 21,911 square feet of properties for sale, with an estimated market value of $2,724,000.

    Sale prices for multifamily properties in Sault Sainte Marie, MI start at $97,500, averaging $454,000, 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.

    List
    Map

    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Duplexes 3
    Apartment buildings 2
    Mobile home & RV parks 1
    Short term rental properties 1

    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 $497.7K

    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

    Office

    Need Help?

    Reach out if you need assistance with Realmo tools or have questions about your listings

    Contact Us

    Popular Searches in Sault Sainte Marie, MI

    Popular Categories

    Most Searched ZIP Codes in Sault Sainte Marie, MI

    • 49783

    Select Neighborhood

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!