Bessemer, MI Residential income properties for sale

Updated: May 4

Two-Story Quadplex

10740 N Cannonball Court, Bessemer, MI 49911

$209,000

2,592 sqft 0.96 AC lot

Four‑unit configuration with three one‑bedroom apartments and one two‑bedroom apartment
2,592 square feet on 0.96 acres
Full basement with shared laundry area and exterior entrance
Two units updated with flooring, light fixtures, and appliances
Newer bathrooms throughout the property

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Updated: May 1, 2025

Resort Lodge with Pond

5964 E US 2 Highway, Bessemer, MI 49938

$549,000

7,294 sqft 11.00 AC lot

11‑acre lodge site with a pond waterfront feature
7,294 SF full log resort lodge with furnished interior
Built in 1979 with Commercial zoning
Main floor grand dining area with massive stone fireplace and bar
Lower level includes fireplace, another bar, sauna, and 3 bedrooms

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Four-Unit Apartment Property

10740 Cannonball Court, Bessemer, MI 49911

$209,000

2,592 sqft

Unit mix includes one- and two-bedroom layouts, with shared laundry in a walk-out basement.

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See hot listings in Bessemer

Scored against comparables nationwide. These are worth a look.

Cap Rate available after sign in

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Based on your search, we've compiled 12 Potential Opportunities for your consideration. Besides 3 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.

Four-Residence Quadplex

5216 E Sunset Road, Ironwood, MI 49938

$334,990

2,432 sqft 1.73 AC lot

Four separately deeded residences offer flexible ownership and leasing arrangements on a shared property.

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Four-Unit Quadplex

5216 E Sunset Rd, Ironwood, MI 49938

$334,990

2,432 sqft 1.75 AC lot

Each residence is separately deeded and sits on its own tax parcel.

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Updated Two-Unit Duplex

10342 N Lake Road, Ironwood, MI 49938

$210,000

2,040 sqft 0.99 AC lot

Up-and-down configuration offers two independent living areas with kitchens, bedrooms, bathrooms, and a shared laundry room.

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Updated Duplex with Two Units

10342 N Lake, Ironwood, MI 49938

$210,000

Two separate residences offer kitchens, living areas, bedrooms, and baths for rental or owner occupancy.

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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.

Lake Superior Waterfront Land

17 AC ON LAKE RD, Ironwood, MI 49938

$300,000

17.00 AC lot

Level lakefront acreage with natural surroundings, driveway access, and expansive Lake Superior views.

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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 With Cabin

Chaney Lake Road, Bessemer, MI 49911

$83,900

6.50 AC lot

Insulated one-room cabin with gas lighting and a nearby power pole.

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Oxbow Lake Wooded Parcel

Off HIAWATHA DR, Presque Isle, WI 54557

$162,500

2.46 AC lot

2.46-acre wooded parcel with 725 feet of lake frontage.

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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

Estimated value: by Request

1,920 sqft 0.27 AC lot

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Bessemer, MI Residential Income Properties Market Trends and Statistics

Explore 4 residential income properties for sale in Bessemer, MI, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 12,478 square feet of properties for sale, with an estimated market value of $967,000.

Sale prices for residential income properties in Bessemer, MI start at $209,000, averaging $322,333, and reaching up to $549,000 — 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
Bessemer - 49911	$209K
Ironwood - 49938	$549K

Neighborhood

Average Price

Bessemer - 49911

$209K

Ironwood - 49938

$549K