Bessemer, MI
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    Bessemer, MI Residential Income Properties for Sale

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    Ironwood, MI Hurley, WI Gile, WI
    Four-Plex Nestled in the Woods
    $209,000
    2,592 SF
    Four-Plex Nestled in the Woods

    10740 N Cannonball Court, Bessemer, MI 49911

    Income opportunity near town and ski hills in Bessemer, MI.
    • Four‑plex built in 1977 with 3 one‑bedroom units and 1 two‑bedroom unit
    • Full basement includes shared laundry area with exterior entrance
    • Two units updated with new light fixtures, flooring, and new appliances
    • Central air conditioning and forced‑air heating
    • Well and private water source
    Updated: May 4
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    Bessemer Commercial Building with Living
    $149,900
    3,966 SF
    Bessemer Commercial Building with Living

    208 S Sophie Street, Bessemer, MI 49911

    Commercial building with living quarters in desired downtown location.
    • Main street commercial building with upstairs 3‑bedroom living quarters.
    • Operating as the 'Spinning Spur Saloon' with a 20'+ bar, coolers, ice machine, seating, and pool table.
    • Updated building ready to be reinvented or used as a bar with living space.
    • Includes almost all upstairs furnishings (excluding personal items).
    • Convenient location near the Iron Belle Trail, snowmobile/ATV trails, and the annual 4th of July festival.
    Updated: Apr 3
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    Based on your search, we've compiled 11 Potential Opportunities for your consideration. Besides 2 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.

    Spacious Duplex on Scenic Land
    $215,000
    2,040 SF
    Spacious Duplex on Scenic Land

    Charming duplex with rental income potential near outdoor recreation.

    10342 N Lake Road, Ironwood, MI 49938

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    Retail Building with Apartments
    $250,000
    3,744 SF
    Retail Building with Apartments

    Downtown Mellen building combines a thrift store with two apartments for flexible mixed-use occupancy.

    115-117 E Bennett Avenue, Mellen, WI 54546

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    Mixed-Use Post Office Building
    $275,000
    3,588 SF
    Mixed-Use Post Office Building

    Post office with two apartments upstairs, offering mixed-use income potential in Mellen, Wisconsin.

    119-121 E Bennett Avenue, Mellen, WI 54546

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    Commercial Building with Apartment
    $44,900
    2,756 SF
    Commercial Building with Apartment

    2,756 sq ft commercial building with upstairs apartment.

    100 Bonnie Street, Ironwood, MI 49938

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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.

    20 Acres Vacant Land Bessemer
    $49,900
    20.00 Acres
    20 Acres Vacant Land Bessemer

    20 acres of wooded land near Bessemer, Michigan.

    TBD 1 Moore Road, Bessemer, MI 49911

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    Secluded 5-Acre Lot in Bessemer
    Contact for pricing
    5.13 Acres
    Secluded 5-Acre Lot in Bessemer

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

    On Chaney Lake Road, Bessemer, MI 49911

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    Waterfront Land on Chaney Lake
    $83,900
    6.50 Acres
    Waterfront Land on Chaney Lake

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

    Chaney Lake Road, Bessemer, MI 49911

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    Lake Superior Waterfront Land
    $300,000
    17.00 Acres
    Lake Superior Waterfront Land

    17 acres with 419' frontage on Lake Superior.

    17 AC ON LAKE RD, Ironwood, MI 49938

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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.

    E6280 Snowdrift St
    Multifamily properties
    1,920 SF Lot: 0.27 Acres
    Value Estimation by Request

    E6280 Snowdrift St, Bessemer, MI 49938

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    Bessemer, MI Residential Income Properties Market Trends and Statistics

    Explore 3 residential income properties for sale in Bessemer, MI on our real estate platform. These investment opportunities span a total of 6,558 square feet of properties for sale, with an estimated market value of $358,900.

    Sale prices for residential income properties in Bessemer, MI start at $149,900, averaging $179,450, and reaching up to $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.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Multifamily properties 1
    Quadplexes 1
    Single family properties 1

    Demographics Overview

    Population 2,843
    Population Growth (5Y) +3.4%
    Median Household Income $51,326
    College Educated 26.6%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    49911 $179.5K

    Taxes & Financing

    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Gogebic County

    New Delisted

    Total CRE Inventory on Market (SF)

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