Multifamily

Suttons Bay, MI Multifamily Properties for Sale

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End-Unit Condominium with Garage
Updated: Jun 26
End-Unit Condominium with Garage

723 N Apple Tree Drive, Suttons Bay, MI 49682

$599,000
1,504 sqft
End unit with main‑floor living and a main‑floor bedroom
Sandy Lake access via HOA member amenity (full beach access not deeded), plus pool, hot tub, tennis, clubhouse, and covered picnic area
Private patio for grilling, plus single garage and a dedicated second parking spot
Second‑level layout includes a guest room, loft, and extra storage
Fireplace, skylights, foyer entrance, and vaulted ceilings
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Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 1 Active listings in Suttons Bay, 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.

Fully Remodeled 4-Plex in C-2
Fully Remodeled 4-Plex in C-2

607 W Front Street, Traverse City, MI 49684

$1,700,000
2,245 sqft 0.19 AC lot

Four fully remodeled units in a C-2 commercial zone, with flexible configurations for multiple tenant or group setups.

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Mixed-Use Development Site with Theatre
Mixed-Use Development Site with Theatre

4160 M-72 E, Williamsburg, MI 49690

$1,995,000
12,259 sqft 4.35 AC lot

Shovel-ready mixed-use parcel with fully developed utilities and an included former dinner theatre building.

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Versatile Property with Development Potential
Versatile Property with Development Potential

Williamsburg, MI 49690

$674,900
4.69 AC lot

Income-generating duplex with light industrial zoning and development opportunities.

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Remodeled 4-Plex with Flexible Use
Remodeled 4-Plex with Flexible Use

607 W Front St, Traverse City, MI 49684

$1,700,000

Fully remodeled 4-plex offers multiple unit configurations and flexible C-2 zoning for a variety of commercial and housing uses.

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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.

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.

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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.

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Tippy Dam Lodge Retreat
Tippy Dam Lodge Retreat

1306 N Tippy Dam Road, Wellston, MI 49689

$999,900
22.24 AC lot

Unique lodge in Manistee National Forest with multiple buildings.

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Private Campground Lot with Hookups
Private Campground Lot with Hookups

4537 Pine Run, Farwell, MI 48622

$41,500
0.75 AC lot

Residentially zoned camping lot with three 30-amp electric hookups and septic connections, already prepped with pads.

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Suttons Bay, MI Multifamily Properties Market Trends and Statistics

Explore 1 multifamily properties for sale in Suttons Bay, MI on our real estate platform. These investment opportunities span a total of 1,504 square feet of properties for sale, with an estimated market value of $599,000.

Sale prices for multifamily properties in Suttons Bay, MI start at $599,000, averaging $599,000, and reaching up to $599,000 — 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 1

Demographics Overview

Population 4,528
Population Growth (5Y) +10.6%
Median Household Income $89,688
College Educated 66.3%

Taxes & Financing

Tax Rate (average for all types) 2.68%
Tax Rate vs County Average 0.44 pp above county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Leelanau County

New Delisted

Total CRE Inventory on Market (SF)

Average Property Price per SF

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

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