Alpena, MI Residential income properties for sale

Updated: May 16

Victorian Duplex with Two Car Garage

328 W Washington Avenue, Alpena, MI 49707

$264,900

2,352 sqft 0.20 AC lot

Victorian duplex built in 1875 with 2 bedrooms and 1 full bath in each unit
Hardwood floors, ceramic floors, custom built‑ins, and 9 ft+ ceilings throughout
Updated kitchens with newer appliances, plus updated bathrooms with tile, shower, vanity, toilet, and lighting
Spacious laundry rooms in both units and included parking via a large 2‑car garage parking area
Exterior updates include new vinyl siding and brick exterior, with a newer roof (new roof in 2023)

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Updated: May 11

Updated Residential Income Duplex

310 W Campbell Street, Alpena, MI 49707

$214,900

2,273 sqft

Year built 1856 with older‑style construction and vinyl materials
Heating: forced air with natural gas
Cooling includes ceiling fan(s)
Public sewer service
Appliances included: washer, electric range, and dryer

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Auto Repair Property with Storage Units

3216 S US Highway 23, Alpena, MI 49707

$499,900

1,054 sqft 4.60 AC lot

Multi-tenant auto repair, rental home, and six rented storage units on B-2 zoned acreage off US Highway 23.

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Immaculate Victorian French Tudor Duplex

328 W Washington Ave, Alpena, MI 49707

$264,900

Updated Alpena duplex near Lake Huron and downtown.

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Downtown Alpena Mixed-Use Building

105 N 2nd Avenue, Alpena, MI 49707

$530,000

3,662 sqft

Historic building with retail space and renovated apartment.

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Two-Unit Apartment Building

705 N Second Avenue, Alpena, MI 49707

$165,000

1,756 sqft

A preserved two-unit building with original woodwork, hardwood floors, and classic interior details, offered for sale in B-1 zoning.

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Mixed-Use Commercial Property with Warehouse

4782 Werth Road, Alpena, MI 49707

$175,000

3,500 sqft 0.99 AC lot

Retail/showroom, offices, and a warehouse with large overhead door plus an upstairs 1-bedroom apartment.

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Based on your search, we've compiled 15 Potential Opportunities for your consideration. Besides 7 Active listings in Alpena, 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.

RV and Trailer Park

6449 Seminole St, Oscoda, MI 48750

$790,000

1,200 sqft 6.40 AC lot

RV and trailer park with 70 lots near Lake Huron.

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Senior Condominium Multifamily Community

5951 N Skeel Ave, Oscoda, MI 48750

Contact for pricing

A 20-unit condominium property with fitness and common-area amenities, featuring unfinished units alongside rent-ready homes.

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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.

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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.

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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.

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

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

US-23 S Road, Presque Isle, MI 49777

$59,900

0.55 AC lot

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

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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.

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Alpena, MI Residential Income Properties Market Trends and Statistics

Explore 7 residential income properties for sale in Alpena, MI, showcased through 7 active listings on our real estate platform. These investment opportunities span a total of 14,597 square feet of properties for sale, with an estimated market value of $2,114,600.

Sale prices for residential income properties in Alpena, MI start at $165,000, averaging $302,085, and reaching up to $530,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

Neighborhood	Average Price
49707	$459K

Neighborhood

Average Price

49707

$459K