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    Alger, MI
    Residential Income

    Alger, MI Residential Income Properties for Sale

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    West Branch, MI Prescott, MI Sterling, MI Clayton Twp, MI Omer, MI Gladwin, MI Standish, MI Hale, MI
    9-Room Motel With On-Site Living
    Updated: Mar 8
    9-Room Motel With On-Site Living

    1396 N M 76 Road, Alger, MI 48610

    $180,000
    6,500 sqft 0.77 AC lot
    0.77‑acre motel property with 6,500 SF and 9 rooms plus living quarters
    As‑is sale; motel has been closed for a number of years, structure “all looks sound”
    Asphalt roof replaced in 2016; septic and well upgrades completed in 2018
    Brick on cement slab foundation with heated hallways created by later wood enclosure
    Two 200 amp circuit breaker panels and energy‑efficient window replacements
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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 9 Potential Opportunities for your consideration. Besides 1 Active listings in Alger, 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.

    Inn with Studio Apartments and Bar
    Inn with Studio Apartments and Bar

    316 S Bullock Street, Whittemore, MI 48770

    $179,900
    4,200 sqft 0.30 AC lot

    Whittemore Inn offers seven year-round studio apartments plus a fully equipped bar/restaurant currently not operational.

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    Ranch Duplex Condominium with Two-Car Garage
    Ranch Duplex Condominium with Two-Car Garage

    268 Windemere Place, West Branch, MI 48661

    $329,900
    1,383 sqft

    Under-construction ranch duplex condominium with attached two-car garage, covered porch, patio, and NGFA 96% efficient furnace.

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    Ranch Duplex with Two-Car Garage
    Ranch Duplex with Two-Car Garage

    272 Windemere Place, West Branch, MI 48661

    $334,900
    1,383 sqft

    Under-construction ranch duplex with an attached two-car garage, master suite on the main level, and covered porch and rear patio.

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    Historic Apartment Building with Seven Studios
    Historic Apartment Building with Seven Studios

    316 S Bullock Street, Whittemore, MI 48770

    $174,900

    Historic building with seven year-round occupied studio apartments, updated septic, and dry basement.

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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.

    Wooded Waterfront Residential Lot
    Wooded Waterfront Residential Lot

    Eagle Nest Lane, Alger, MI 48610

    $33,000
    0.55 AC lot

    Wooded waterfront lot with canal access to all-sports Forest Lake in a residentially zoned area.

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    Wooded Residential Lake-Access Lot
    Wooded Residential Lake-Access Lot

    Buffalo Trail lot: 36, Alger, MI 48610

    Contact for pricing
    0.28 AC lot

    Wooded residential lot in a subdivision with private access to Forest Lake and electric at the paved road.

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    Wooded Lot in Forest Lake
    Wooded Lot in Forest Lake

    N Forest Lake Drive, Alger, MI 48610

    Contact for pricing
    0.24 AC lot

    Vacant lot in Forest Lake subdivision with HOA amenities.

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    Treed Residential Land Lot
    Treed Residential Land Lot

    Wilderness Drive lot: 99, Alger, MI 48610

    Contact for pricing

    Treed lot in Forest Lake subdivision on a county-maintained paved road, with HOA amenities and private build requirements.

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    Alger, MI Residential Income Properties Market Trends and Statistics

    Explore 1 residential income properties for sale in Alger, MI on our real estate platform. These investment opportunities span a total of 6,500 square feet of properties for sale, with an estimated market value of $180,000.

    Sale prices for residential income properties in Alger, MI average $180,000 — 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

    Multifamily properties 1
    Short term rental properties 1

    Demographics Overview

    Population 3,261
    Population Growth (5Y) +13.5%
    Median Household Income $54,665
    College Educated 20.0%

    Taxes & Financing

    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Arenac County

    New Delisted

    Total CRE Inventory on Market (SF)

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