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    Alpena, MI
    Residential Income

    Alpena, MI Residential Income Properties for Sale

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    Presque Isle, MI Herron, MI Posen, MI Lachine, MI Ossineke, MI Spruce, MI Hubbard Lake, MI Black River, MI
    Three-Unit Triplex
    Updated: Sep 14
    Three-Unit Triplex

    826 River Street, Alpena, MI 49707

    $224,900
    2,151 sqft
    Three apartments in a 2,151‑square‑foot building
    Main‑floor units have one bedroom and two bedrooms, respectively
    Upstairs apartment has additional storage at the top of the stairs
    New roof installed in August 2026; newer appliances from Youngs Appliance
    City Rental Certification dated 9/8/26
    View details
    Two-Story Duplex with Coin Laundry
    Updated: May 11
    Two-Story Duplex with Coin Laundry

    310 W Campbell Street, Alpena, MI 49707

    $199,900
    2,273 sqft
    2,273‑square‑foot duplex with four bedrooms and two bathrooms
    Two‑story layout with basement
    1856 construction date
    Newer flooring, upgraded kitchens, and freshly painted entrances
    Coin‑operated laundry area with washer and dryer
    View details
    Realmo Analytics Monitor Off-market properties and contact owners who are ready to sell. Many signals applied to make quality leads for you. Get Leads
    2 active listings match your search: Residential Income for sale in Alpena, MI. Based on your search, we've also compiled 8 Potential Opportunities for your consideration: 4 properties in nearby cities and 4 land listings with development potential.

    Opportunities in Nearby Cities

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

    VACANT LAND, Hale, MI
    VACANT LAND, Hale, MI

    6595 Wickert Road, Hale, MI 48739

    $229,900
    21.50 AC lot

    Hunting land · 21.50 Acres

    View details
    River Recreation Resort
    River Recreation Resort

    6160 Rollaway Road, Hale, MI 48739

    $175,000
    1,800 sqft 4.50 AC lot

    Established resort operation with cabins, watercraft rentals, and a licensed river outfitter business.

    View details
    Lake Huron Cabin Investment Opportunity
    Lake Huron Cabin Investment Opportunity

    4060 S US-23 Hwy, Greenbush, MI 48738

    $450,000
    7.45 AC lot

    Rental cabins with lake views on 7.45 acres.

    View details
    Lake Huron Cabin Investment Opportunity
    Lake Huron Cabin Investment Opportunity

    4060 S US-23 Hwy, Greenbush, MI 48738

    $450,000
    7.45 AC lot

    Rental cabins with lake views on 7.45 acres.

    View details

    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.

    Residential Land in Sunrise Circle
    Residential Land in Sunrise Circle

    2228 Sommerset Drive lot: 12, Alpena, MI 49707

    Contact for pricing
    0.27 AC lot

    Residential land with utilities in established subdivision near Alpena.

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    Residential Land in Alpena, MI
    Residential Land in Alpena, MI

    2971 Noralin Drive lot: #2, Alpena, MI 49707

    Contact for pricing
    0.25 AC lot

    Residential land ready for construction with city utilities.

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    Cleared Land Near Long Lake
    Cleared Land Near Long Lake

    US-23 S Road, Presque Isle, MI 49777

    $59,900
    0.55 AC lot

    Half-acre cleared lot near Long Lake, ready for development.

    View details
    Wooded Land in Lachine, Michigan
    Wooded Land in Lachine, Michigan

    7124 N M65, Lachine, MI 49753

    Contact for pricing
    0.40 AC lot

    Residential land near a corn field, haven for deer.

    View details

    Alpena, MI Residential Income Properties Market Trends and Statistics

    Explore 2 residential income properties for sale in Alpena, MI on our real estate platform. These investment opportunities span a total of 4,424 square feet of properties for sale, with an estimated market value of $424,800.

    Sale prices for residential investment properties in Alpena, MI start at $199,900, averaging $212,400, and reaching up to $224,900 — 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 2
    Duplexes 1
    Triplexes 1

    Demographics Overview

    Population 22K
    Population Growth (5Y) +0.7%
    Median Household Income $50,699
    College Educated 25.7%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    49707 $212.4K

    Taxes & Financing

    Tax Rate (average for all types) 4.00%
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Alpena County

    New Delisted

    Total CRE Inventory on Market (SF)

    How Realmo verifies these figures

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    Popular Searches in Alpena, MI

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    Most Searched ZIP Codes in Alpena, MI

    • 49707

    Featured Alpena Real Estate Agencies

    Realmo connects you with licensed Alpena CRE brokers providing property specifications, local market pricing, and commercial transaction underwriting support.

    Banner Realty
    259 S. Ripley Blvd. Alpena, MI 49707
    Phone: (989) 356-1177
    www.bannerrealty.com
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