Bessemer, MI Residential income properties for sale

Updated: May 4

Quadplex with Updated Interiors

10740 N Cannonball Court, Bessemer, MI 49911

$209,000

2,592 sqft 0.96 AC lot

0.96‑acre quadplex property with 3 one‑bedroom units and 1 two‑bedroom unit
Full basement includes shared laundry area with an exterior entrance
Two units updated with new light fixtures, flooring, and new appliances
Bathrooms are described as newer across the property
Forced air heating and central air cooling

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This listing looks promising.

Here's a quick look at some key insights for

10740 N Cannonball Court, Bessemer, MI 49911

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Est. Cap Rate

4.9%
NOI ÷ price
Est. NOI

$10K
Annual
Price @ 7% Cap

$147K
Suggested
Property Type

Single Family Residence
Built 1977

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Based on your search, we've compiled 10 Potential Opportunities for your consideration. Besides 1 Active listings in Bessemer, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 1 Off-Market properties to explore as potential leads, 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.

Quadplex with Private Garages

5216 E Sunset Road, Ironwood, MI 49938

$334,990

2,432 sqft 1.73 AC lot

Four separately deeded residences offer distinct parking, basement, and utility features within one multifamily property.

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Up-Down Duplex with Separate Kitchens

10342 N Lake Road, Ironwood, MI 49938

$210,000

2,040 sqft 0.99 AC lot

Up-down duplex on 0.99 acres with two separate units, each with a kitchen, living area, bedrooms, and bath.

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Residential Income Property with Garages

1114 N Douglas Boulevard, Ironwood, MI 49938

$399,000

0.76 AC lot

Seven rental units include a six-unit apartment building and a single-family home, plus four garage units and on-site parking.

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Apartment Building with Hot Tub Rooms

E6242 Snowdrift Street, Ironwood, MI 49938

$197,500

5,600 sqft 0.36 AC lot

Restoration-ready six-unit apartment building with in-unit hot tub rooms, cedar-paneled full baths, and oil-fired zoned hot water heat.

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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 Recreational Land Parcel

TBD 1 Moore Road, Bessemer, MI 49911

$49,900

20.00 AC lot

Vacant 20-acre wooded parcel with year-round paved-road access and power available at the road.

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Secluded 5-Acre Lot in Bessemer

On Chaney Lake Road, Bessemer, MI 49911

Contact for pricing

5.13 AC lot

5-acre lot perfect for building near Northern Wisconsin and Michigan.

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Waterfront Land on Chaney Lake

Chaney Lake Road, Bessemer, MI 49911

$83,900

198 sqft 6.50 AC lot

Secluded 6.5-acre waterfront property with cabin on Chaney Lake.

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Lake Superior Waterfront Land

17 AC ON LAKE RD, Ironwood, MI 49938

$300,000

17.00 AC lot

17 acres with 419' frontage on Lake Superior.

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Off-Market Properties in Bessemer, MI

Consider similar Off-Market properties in Bessemer, MI. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

Multifamily properties

E6280 Snowdrift St, Bessemer, MI 49938

Value Estimation by Request

1,920 sqft 0.27 AC lot

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Bessemer, MI Residential Income Properties Market Trends and Statistics

Explore 2 residential income properties for sale in Bessemer, MI on our real estate platform. These investment opportunities span a total of 2,592 square feet of properties for sale, with an estimated market value of $209,000.

Sale prices for residential income properties in Bessemer, MI average $209,000 — 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
49911	$214.5K

Neighborhood

Average Price

49911

$214.5K

Bessemer, MI Residential Income Properties for Sale

10740 N Cannonball Court, Bessemer, MI 49911