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    Elk Rapids, MI
    Quadplex

    Elk Rapids, MI Quadplexes for Sale

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    4-Unit Quadplex with Updated Systems
    Updated: Oct 4
    4-Unit Quadplex with Updated Systems

    10456 S Us-31 S, Elk Rapids, MI 49629

    $850,000
    700 sqft
    Four existing units, with potential for four more
    Exterior updates include siding, roof and windows
    Mini‑splits and electrical work completed
    Unfinished interiors; landscaped grounds include a fire pit
    Short‑term rentals allowed; beaches and downtown amenities are walkable
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    See hot listings in Elk Rapids

    Scored against comparables nationwide. These are worth a look.

    Scored against comparables nationwide. These are worth a look.

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    Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Elk Rapids, 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.

    Updated Quadplex with Garage
    Updated Quadplex with Garage

    1627 Rasho Road, Traverse City, MI 49696

    $849,000
    5,008 sqft 1.10 AC lot

    Four residential units with shared laundry, recent improvements, and a detached garage on a landscaped parcel.

    View details
    Four-Unit Property Near Downtown
    Four-Unit Property Near Downtown

    1055 E Front Street, Traverse City, MI 49686

    $539,900
    0.19 AC lot

    Four residential units feature private entrances, rear parking, and proximity to downtown Traverse City and the East Bay waterfront.

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    Lakefront Cottage Quadplex
    Lakefront Cottage Quadplex

    3551 W Otsego Lake Dr, Gaylord, MI 49735

    Contact for pricing
    3,169 sqft 2.40 AC lot

    Four cottages on sandy Otsego Lake frontage, featuring a shared storage garage and private water and septic systems.

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    Updated Mixed-Use Property
    Updated Mixed-Use Property

    2258 S Otsego Avenue, Gaylord, MI 49735

    $289,000

    C2-zoned property combines a fourplex rental building with an office and rental unit.

    View details

    Elk Rapids, MI Quadplexes Market Trends and Statistics

    Explore 1 quadplexes for sale in Elk Rapids, MI on our real estate platform. These investment opportunities span a total of 700 square feet of properties for sale, with an estimated market value of $850,000.

    Sale prices for four-unit buildings in Elk Rapids, MI average $850,000 — 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 3
    Duplexes 1
    Quadplexes 1

    Demographics Overview

    Population 2,037
    Population Growth (5Y) +0.1%
    Median Household Income $74,318
    College Educated 62.2%

    Taxes & Financing

    Tax Rate (average for all types) 1.89%
    Property Tax per SF $21.92 per SF
    Tax Rate vs County Average 0.43 pp below county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Antrim County

    New Delisted

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