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    Vanderbilt, MI Multifamily Properties for Sale

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    Gaylord, MI Wolverine, MI Elmira, MI
    Vanderbilt Multi-Unit Investment Opportunity
    $280,000

    Vanderbilt Multi-Unit Investment Opportunity

    566 E MAIN STREET, Vanderbilt, MI 49795

    Multi-unit property with income potential in downtown Vanderbilt.

    • Immediate income from three established rental units.
    • Opportunity to increase income by finishing a fourth unit.
    • Located in the heart of downtown Vanderbilt, within walking distance to village amenities.
    • Quick access to I‑75, appealing to commuters.
    • Spacious units including a 3 bed/2 bath, a 2 bed/1 bath, and a 1 bed/1 bath.
    Updated: Apr 23
    View details
    Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 1 Active listings in Vanderbilt, 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.

    Gaylord Duplexes: Income Opportunity
    $725,000
    3,440 SF

    Gaylord Duplexes: Income Opportunity

    Two duplexes built in 2023, great for rental income.

    126 & 128 E Mill Street, Gaylord, MI 49735
    View details
    Restaurant, Bar, and Apartments
    $525,000
    5,167 SF

    Restaurant, Bar, and Apartments

    Established restaurant and bar with additional income from apartments.

    6516 N Old 27, Frederic, MI 49733
    View details
    Lakeside Cabins Investment Property
    $950,000
    4,077 SF

    Lakeside Cabins Investment Property

    Turn-key Northern Michigan resort with strong income potential.

    11586 N Old 27, Frederic, MI 49733
    View details
    Gaylord Commercial Opportunity For Sale
    $289,000

    Gaylord Commercial Opportunity For Sale

    Fourplex and office building with development potential on South Otsego.

    2258 S Otsego Avenue, Gaylord, MI 49735
    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.

    Vista Green RV Resort Lot
    $62,500
    0.07 Acres

    Vista Green RV Resort Lot

    Premium RV lot in Vista Green Resort with full hookups.

    Lot 83 Green Park Dr, Vista Green RD, South Boardman, MI 49680
    View details
    RV Lot in Vista Green Resort
    $62,500
    0.07 Acres

    RV Lot in Vista Green Resort

    Premium RV lot with full hook-ups in resort community.

    Lot 83 Green Acres Drive, South Boardman, MI 49680
    View details
    Breathtaking Farmland Development Opportunity
    $2,950,000
    74.20 Acres

    Breathtaking Farmland Development Opportunity

    72 acres of high-elevation farmland with sweeping, multi-directional views.

    Parcel C E Duck Lake Road, Suttons Bay, MI 49682
    View details
    Residential Lot in Prudenville, MI
    Contact for pricing
    0.48 Acres

    Residential Lot in Prudenville, MI

    Partially wooded lot, perfect for a mobile home.

    206 Middle Drive, Prudenville, MI 48651
    View details

    Vanderbilt, MI Multifamily Properties Investment Opportunities Market Analysis

    Explore 1 multifamily properties for sale in Vanderbilt, MI on our real estate platform. These investment opportunities span a total of 0 square feet of properties for sale, with an estimated market value of $280,000.

    Sale prices for multifamily properties in Vanderbilt, MI start at $280,000, averaging $280,000, and reaching up to $280,000 — 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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    Demographics Overview

    Population 1,918
    Population Growth (5Y) -4.4%
    Median Household Income $57,367
    College Educated 17.6%

    High-Yield Neighborhoods for Strategic Investment

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

    Neighborhood Average Price
    49795 $280K

    Taxes & Financing

    Tax Rate (average for all types) 2.96%
    Property Tax per SF $1.39 per sq ft
    Tax Rate vs County Average 0.69 pp below county avg
    Average Loan-to-Value 65.0%

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