Residential Income

Caro, MI Residential Income Properties for Sale

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Duplex Property With Separate Entrance
Updated: Aug 8
Duplex Property With Separate Entrance

402 Black Street, Caro, MI 48723

$67,000
Three‑bedroom, one‑bath first‑floor apartment with kitchen, living room, and in‑unit laundry
Separate entrance and gas service serve the second floor
Upper level may be converted into a one‑bedroom apartment after renovations
Electrical service on the second floor is disconnected and requires evaluation and completion
Main cast‑iron drain line replacement has been started
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See hot listings in Caro

Scored against comparables nationwide. These are worth a look.

Scored against comparables nationwide. These are worth a look.

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Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 1 Active listings in Caro, 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.

Updated Duplex on Corner Lot
Updated Duplex on Corner Lot

242 S East Street, Vassar, MI 48768

$159,900
1,250 sqft

Updated two-unit property with income potential on a corner lot.

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Six-Bedroom Duplex
Six-Bedroom Duplex

145/146 Adam Ridge, Sebewaing, MI 48759

$400,000
0.36 AC lot

Built in 2020, the property has forced-air heating and vinyl siding.

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Contiguous Farmland with Farmhouse
Contiguous Farmland with Farmhouse

7565 Ormes Road, Vassar, MI 48768

$1,800,000
240.00 AC lot

Three contiguous parcels totaling about 240 acres, including roughly 200 acres of tillable land, plus outbuildings and a farmhouse.

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Modern Duplex
Modern Duplex

145/146 Adam Ridge, Sebewaing, MI 48759

$400,000

A 2020-built residential investment property features a two-unit configuration.

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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 Lot in Marlette, MI
Residential Lot in Marlette, MI

V/L Lorraine Street, Marlette, MI 48453

$32,500
0.36 AC lot

Vacant lot in Marlette, ready for new construction.

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Waterfront Residential Land
Waterfront Residential Land

4720 Brunk Drive, Otter Lake, MI 48464

$184,900
1.24 AC lot

A driveway is already in place on a buildable lakefront parcel zoned for residential use.

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Residential Lots in Marlette, MI
Residential Lots in Marlette, MI

20 Vacant Lots Concord, Cranbrook & Tulane, Marlette, MI 48453

$225,000
5.00 AC lot

20 residential lots, approximately 5 acres, prime development opportunity.

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Agricultural Land Parcel
Agricultural Land Parcel

W German Road, Bay City, MI 48708

$154,400
11.50 AC lot

Vacant agricultural parcel with recent tile work and electric and public water available at the road.

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Caro, MI Residential Income Properties Market Trends and Statistics

Explore 1 residential income properties for sale in Caro, MI on our real estate platform.

Sale prices for residential investment properties in Caro, MI average $67,000 — 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 2
Apartment buildings 1
Duplexes 1

Demographics Overview

Population 12K
Population Growth (5Y) -0.6%
Median Household Income $56,618
College Educated 24.2%

High-Yield Neighborhoods for Investment

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

Neighborhood Average Price
48723 $67K

Taxes & Financing

Tax Rate (average for all types) 4.73%
Average Loan-to-Value 65.0%

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