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Alpena, MI Residential Income Properties for Sale

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Two-Unit Ranch Duplex Investment
$225,000
2,465 SF

Two-Unit Ranch Duplex Investment

386 S Brooke St, Alpena, MI 49707

Handicap accessible duplex with separate utilities and covered parking.

  • Two‑unit ranch duplex provides an exceptional investment opportunity or owner‑occupant potential.
  • Both units are handicap accessible, catering to a wider range of tenants or family members.
  • Each unit has separate utilities and a main floor laundry/mudroom for convenience.
  • Recent upgrades include a new roof (2023) and newer windows, ensuring durability and energy efficiency.
  • Centrally located with convenient covered parking.
Updated: Dec 29, 2025
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Commercial Property with Income Potential
$499,900
1,054 SF

Commercial Property with Income Potential

3216 S Us Highway 23, Alpena, MI 49707

Mixed-use property featuring auto repair, storage units, and residential rental.

  • Highway frontage with high traffic count (10,000+ per day) offers excellent business exposure.
  • Existing auto repair facility provides immediate business opportunity.
  • Includes a three‑bedroom house, suitable for living or renting.
  • Features a 6‑unit storage facility, currently generating rental income.
  • Potential for expansion with room to add more storage units.
Updated: Dec 15, 2025
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Charming Ranch-Style Home on Park-Like Lot
$270,000
3,084 SF

Charming Ranch-Style Home on Park-Like Lot

Ranch-style home with en suite bath, office, and spacious patio.

140 Oriole Dr, Alpena, MI 49707
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Spacious Brick Home Near Lake
$295,000

Spacious Brick Home Near Lake

Four-bedroom home near Lake Huron, schools, and shopping.

185 S June St, Alpena, MI 49707
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Based on your search, we've compiled 10 Potential Opportunities for your consideration. Besides 4 Active listings in Alpena, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 2 Land Listings that present a potential for development.

Explore Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Off-Grid Cabin Retreat in Atlanta
$38,500
0.39 Acres

Off-Grid Cabin Retreat in Atlanta

Self-sufficient cabin near state land, ORV trails, and lakes.

19020 Deer Foot Rd, Atlanta, MI 49709
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Two Unit Investment Opportunity
$159,000
1,888 SF

Two Unit Investment Opportunity

Two properties with rental history and separate utilities.

9425/9437 Co Rd, Atlanta, MI 49709
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Lake Huron Waterfront Resort Opportunity
$799,000

Lake Huron Waterfront Resort Opportunity

Waterfront resort with 200 feet of sandy Lake Huron frontage.

3510 N Us-23, Oscoda, MI 48750
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Van Ettan Village Redevelopment Opportunity
$199,900
2.50 Acres

Van Ettan Village Redevelopment Opportunity

Prime Riverfront Land, Redevelopment Potential

4385 Van Ettan Dam Rd, Oscoda, MI 48750
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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 Acreage with Hunting Potential
$94,900
30.00 Acres

Wooded Acreage with Hunting Potential

30 acres of wooded land with trails and hunting potential.

30AC Lake Winyah Rd, Alpena, MI 49707
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Wooded Land Near Alpena, MI
$180,000
50.00 Acres

Wooded Land Near Alpena, MI

50 acres of wooded land, ideal for hunting or building.

50 Acres Herron Rd, Alpena, MI 49707
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Alpena, MI Residential Income Properties Investment Opportunities Market Analysis

Explore 4 residential income properties for sale in Alpena, MI, showcased through 4 active listings on our real estate platform. These investment opportunities span a total of 200,376 square feet of properties for sale, with an estimated market value of $499,900.

Prices for residential income properties in Alpena, MI start at $499,900, averaging $499,900, and reaching up to $499,900 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you have the most current data.

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