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    South Range, MI
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    South Range, MI Multifamily Properties for Sale

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    Houghton, MI Atlantic Mine, MI Portage, MI Hancock, MI Chassell, MI Dollar Bay, MI Lake Linden, MI Toivola, MI
    Mixed-Use Pub with Apartment
    Updated: May 11
    Mixed-Use Pub with Apartment

    31 Trimountain Avenue, South Range, MI 49965

    $579,000
    3,552 sqft 0.39 AC lot
    Commercial building with a pub on the main floor and a 3‑bedroom, 2 full‑bath apartment above
    Entire building has been completely renovated with modern amenities
    Pub includes liquor license, kitchen for standard bar fare, and seating for about 70
    Entertainment amenities include shuffleboard, pool table, and electronic dart board
    Basement offers ample storage and on‑site laundry
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    This listing looks promising.

    Here's a quick look at some key insights for

    31 Trimountain Avenue, South Range, MI 49965

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    • Est. Cap Rate

      5.9%
      NOI ÷ price

    • Est. NOI

      $34K
      Annual

    • Price @ 7% Cap

      $487K
      Suggested
    View Property Analytics
    Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in South Range, 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.

    10-Unit Apartment Building on US-41
    10-Unit Apartment Building on US-41

    42280 Willson Memorial Drive, Chassell, MI 49916

    $640,000
    8,184 sqft 1.03 AC lot

    10-unit apartment building with studio through two-bedroom units, updated interiors, parking, coin laundry, and sprinkler system.

    View details
    10-Unit Apartment Building
    10-Unit Apartment Building

    42280 Willson Memorial Drive, Chassell, MI 49916

    $640,000
    8,184 sqft 1.03 AC lot

    Multifamily property with mixed unit sizes, updated interiors, tenant-controlled HVAC, coin laundry, and extensive parking.

    View details
    Duplex with Updated Electrical System
    Duplex with Updated Electrical System

    803 Elm Street, Hancock, MI 49930

    $239,000
    3,040 sqft 0.13 AC lot

    Well-maintained duplex with front and rear entrances, central air, and shared rear-access laundry facilities.

    View details
    Duplex with Enclosed Front Porch
    Duplex with Enclosed Front Porch

    803 Elm Street, Hancock, MI 49930

    $239,000
    3,040 sqft 0.12 AC lot

    Well-maintained duplex with an enclosed front porch and a fully updated electrical system for both units.

    View details

    South Range, MI Multifamily Properties Market Trends and Statistics

    Explore 1 multifamily properties for sale in South Range, MI on our real estate platform. These investment opportunities span a total of 3,552 square feet of properties for sale, with an estimated market value of $579,000.

    Sale prices for multifamily properties in South Range, MI average $579,000 — 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

    Short term rental properties 1

    Demographics Overview

    Population 621
    Median Household Income $55,250
    College Educated 17.2%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    Toivola - 49965 $579K

    Total CRE Inventory on Market (SF)

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