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    Albion, MI
    Residential Income

    Albion, MI Residential Income Properties for Sale

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    Cheboygan, MI Parma, MI Concord, MI Marshall, MI Springport, MI Homer, MI Jackson, MI Spring Arbor, MI
    Four-Unit Apartment Building
    Updated: Jun 12
    Four-Unit Apartment Building

    212 W Porter Street, Albion, MI 49224

    $50,000
    0.13 AC lot
    4‑unit apartment building one block from Albion’s historic downtown
    Year built 1890 with vinyl siding and forced‑air heating
    Each unit has its own gas meter and electric meter
    Natural gas available and public sewer available
    Some newer mechanicals and a newer roof reported; priced as a fixer upper
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    Albion Multi-Family Investment Opportunity
    Updated: Mar 3
    Albion Multi-Family Investment Opportunity

    717 N Eaton Street, Albion, MI 49224

    $54,900
    0.14 AC lot
    2‑unit home with townhouse‑style layout: living quarters on the main level and bedrooms on the upper level
    Each unit features 2 bedrooms (Bedroom 1–4 total) and 1 bathroom (Bathroom 1–2 total)
    Basement included
    Vinyl siding exterior
    Forced air heating
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    Four-Unit Apartment Fixer-Upper
    Four-Unit Apartment Fixer-Upper

    212 W Porter St, Albion, MI 49224

    $50,000

    Four-unit income property with newer roof and vinyl siding, with individual gas and electric meters for each unit.

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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 11 Potential Opportunities for your consideration. Besides 3 Active listings in Albion, 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.

    Homer Duplex: Investment Opportunity
    Homer Duplex: Investment Opportunity

    203 E Main Street, Homer, MI 49245

    $314,500
    0.24 AC lot

    Newer duplex in Homer, MI, ideal for investors or owner-occupiers.

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    Riverfront Residential Property
    Riverfront Residential Property

    5545 25 1/2 Mile Road, Homer, MI 49245

    $224,900
    3.10 AC lot

    Single-story home on 3.1 acres with 450+ feet of Kalamazoo River frontage and rebuilt dock.

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    Seven-Unit Multifamily Property
    Seven-Unit Multifamily Property

    190 Maple Street, Concord, MI 49237

    $699,000
    0.48 AC lot

    Seven-unit income property with separate meters, basement storage, and a one-car garage for each unit.

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    Brick Mixed-Use Building with Decks
    Brick Mixed-Use Building with Decks

    104 S Main St, Concord, MI 49237

    Contact for pricing

    Downtown storefront building with a former bakery space, exposed-brick character, and decks spanning the backside.

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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.

    Albion Land Available For Sale
    Albion Land Available For Sale

    405 W Chestnut Street, Albion, MI 49224

    Contact for pricing
    1.39 AC lot

    Three lots available through Calhoun County Land Bank's Develop program.

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    Vacant Lot in Albion, MI
    Vacant Lot in Albion, MI

    211 E Mulberry Street, Albion, MI 49224

    Contact for pricing
    0.16 AC lot

    Buildable lot available through Calhoun County Land Bank's Develop program.

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    Albion Buildable Lot For Sale
    Albion Buildable Lot For Sale

    1006 Jefferson Street, Albion, MI 49224

    Contact for pricing
    0.13 AC lot

    Vacant lot available for development in Albion, Michigan.

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    Albion Buildable Lot For Sale
    Albion Buildable Lot For Sale

    1010 Jefferson Street, Albion, MI 49224

    Contact for pricing
    0.13 AC lot

    Vacant lot available through Calhoun County Land Bank's DTL program.

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    Albion, MI Residential Income Properties Market Trends and Statistics

    Explore 3 residential income properties for sale in Albion, MI, showcased through 3 active listings on our real estate platform.

    Sale prices for residential income properties in Albion, MI start at $50,000, averaging $51,633, and reaching up to $54,900 — 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

    Multifamily properties 3
    Quadplexes 2
    Duplexes 1

    Demographics Overview

    Population 13K
    Population Growth (5Y) -5.6%
    Median Household Income $52,552
    College Educated 24.0%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    49224 $51.6K

    Taxes & Financing

    Tax Rate (average for all types) 3.29%
    Property Tax per SF $80.51 per SF
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Calhoun County

    New Delisted

    Total CRE Inventory on Market (SF)

    Average Property Price per SF

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

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