Residential Income

Caro, MI Residential Income Properties for Sale

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Mayville, MI Vassar, MI Cass City, MI Kingston, MI Fairgrove, MI Unionville, MI Millington, MI Reese, MI
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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Mixed-Use Property with Apartment
Updated: Apr 11
Mixed-Use Property with Apartment

418 W Frank St, Caro, MI 48723

Contact for pricing
Fully renovated two‑bedroom apartment with stainless steel appliances
Kitchen includes a bar, plus living room, laundry room, and bonus sunroom
Private entrance serves the upstairs residence
Open lower‑level area with additional office space
Two‑car garage with drive‑through door
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See what stands out in Tuscola County

We check every for-sale listing in the county against comparable properties across the country. Most price about where you would expect. A few are worth a second look.

We check every listing here. A few are worth a second look.

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Based on your search, we've compiled 10 Potential Opportunities for your consideration. Besides 2 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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Mixed-Use Building on Center Road
Mixed-Use Building on Center Road

Essexville, MI 48732

$165,000
0.53 AC lot

Four-unit mixed-use building with income potential and vacant commercial space.

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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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Mixed-Use Building on Center Road
Mixed-Use Building on Center Road

Essexville, MI 48732

$170,000
3,500 sqft

Four-unit mixed-use building with income and commercial potential.

View details

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.

Reese, MI Vacant Land
Reese, MI Vacant Land

Eagle Drive, Reese, MI 48768

$150,000

Seven buildable residential lots available in Reese, Michigan.

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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 Land with Driveway
Waterfront Land with Driveway

4720 Brunk Drive, Otter Lake, MI 48464

$189,900
1.24 AC lot

Residential waterfront parcel with an existing driveway and direct access to Hemingway Lake.

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Residential Building Lot with Utilities
Residential Building Lot with Utilities

A Hemingway Lake, Otter Lake, MI 48464

Contact for pricing
0.68 AC lot

Residentially zoned lots suited for a small starter home, barndominium, or duplex-style build with key utilities available at the roadway.

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Caro, MI Residential Income Properties Market Trends and Statistics

Explore 2 residential income properties for sale in Caro, MI on our real estate platform.

Sale prices for residential income 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 $264.5K

Taxes & Financing

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

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