Alger, MI
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    Alger, MI Residential Income Properties for Sale

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    West Branch, MI Prescott, MI Sterling, MI
    Alger Motel with Multi-Unit Potential
    $180,000
    6,500 SF
    Alger Motel with Multi-Unit Potential

    1396 N M 76, Alger, MI 48610

    Brick motel building with nine rooms and on-site living, plus upgrades including a 2016 roof and 2018 utilities.
    • Versatile property - ideal for studio apartments, daycare, office spaces, retail, salon/spa, photography studio, or motel.
    • Features 9 rooms plus living quarters/office space, mini refrigerators, microwaves, and bed frames.
    • Recent upgrades include a new roof (2016), septic and well upgrades (2018), some energy‑efficient windows, and some modern shower stalls.
    • Two 200 amp circuit breaker panels.
    • Brick construction on a cement slab foundation.
    Updated: Mar 8
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    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.

    Duplex with Detached 2-Car Garage
    $165,000
    1,845 SF
    Duplex with Detached 2-Car Garage

    Two-unit duplex on a corner lot with a detached 2-car garage, featuring separate living spaces and outdoor decks.

    214 W 2nd Street, Pinconning, MI 48650

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    West Branch Cinema and More
    $450,000
    14,120 SF
    West Branch Cinema and More

    Multi-business opportunity: cinema, ice cream shop, and apartments.

    210 W Houghton Avenue, West Branch, MI 48661

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    Duplex with Detached Two-Car Garage
    $165,000
    Duplex with Detached Two-Car Garage

    Corner-lot duplex with porch, upper deck, and detached 2-car garage; one unit refreshed and ready.

    214 W 2nd St, Pinconning, MI 48650

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    Cinema, Restaurant, and Apartments
    $450,000
    Cinema, Restaurant, and Apartments

    Mixed-use property featuring cinema, restaurant, and apartments.

    210 W Houghton Ave, West Branch, MI 48661

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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.

    Waterfront Wooded Lake Lot
    $39,999
    0.55 Acres
    Waterfront Wooded Lake Lot

    Wooded lakefront lot with canal access to all-sports Forest Lake, within a POA offering extensive shared amenities.

    Eagle Nest Lane, Alger, MI 48610

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    Wooded Lot Near Forest Lake
    Contact for pricing
    0.28 Acres
    Wooded Lot Near Forest Lake

    Wooded lot with lake access, ideal for building a home.

    0 Buffalo Trail, Alger, MI 48610

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    Waterfront Residential Lot
    $66,000
    0.42 Acres
    Waterfront Residential Lot

    Build a lakefront retreat on a wooded lot with access to Forest Lake community amenities.

    S Forest Lake Drive, Alger, MI 48610

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    Wooded Lot in Forest Lake
    Contact for pricing
    0.24 Acres
    Wooded Lot in Forest Lake

    Vacant lot in Forest Lake subdivision with HOA amenities.

    N/A N Forest Lake Drive, Alger, MI 48610

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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 start at $180,000, averaging $180,000, and reaching up to $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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