Multifamily

Vanderbilt, MI Multifamily Properties for Sale

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Gaylord, MI Elmira, MI Wolverine, MI
Furnished Triplex with Storage Outbuildings
Updated: Jun 1
Furnished Triplex with Storage Outbuildings

351 W Main St, Vanderbilt, MI 49795

$185,900
Three‑unit triplex built in 1986 in Vanderbilt, just minutes from Gaylord and nearby hospital access.
Recent updates reported: newer roof, rebuilt exterior wall section, updated flooring, refinished walls, and recessed lighting.
Roof/ice dam related work includes insulated roof work and added two solar vents.
On‑site utilities and services: well water and a brand‑new septic system.
Includes multiple storage buildings, plus a 12x10 outbuilding with loft.
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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
Gaylord Duplexes: Income Opportunity

126 & 128 E Mill Street, Gaylord, MI 49735

$725,000
3,440 sqft · 0.41 AC lot

Two duplexes built in 2023, great for rental income.

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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.

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Gaylord Commercial Opportunity For Sale
Gaylord Commercial Opportunity For Sale

2258 S Otsego Avenue, Gaylord, MI 49735

$289,000

Fourplex and office building with development potential on South Otsego.

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Petoskey Multifamily Investment Opportunity
Petoskey Multifamily Investment Opportunity

524 State St, Petoskey, MI 49770

$850,000

Well-maintained 6-unit multifamily property near downtown Petoskey.

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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.

High-Elevation View Farmland Parcel
High-Elevation View Farmland Parcel

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

$2,950,000
74.20 AC lot

74-acre ridge-top farmland suited for residential development with expansive multi-directional water and sunset views.

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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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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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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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Vanderbilt, MI Multifamily Properties Market Trends and Statistics

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 $185,900.

Sale prices for multifamily properties in Vanderbilt, MI start at $185,900, averaging $185,900, and reaching up to $185,900 — 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

Triplexes 1

Demographics Overview

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

High-Yield Neighborhoods for Investment

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

Neighborhood Average Price
49795 $185.9K

Taxes & Financing

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

Listings Trend

New vs delisted commercial listings in Otsego County

New Delisted

Total CRE Inventory on Market (SF)

Average Property Price per SF

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

Office

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