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    Caro, MI Residential Income Properties for Sale

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    Vassar, MI Kingston, MI Silverwood, MI
    Versatile Mixed-Use Property in Caro
    $295,000
    5,024 SF
    Versatile Mixed-Use Property in Caro

    4027 W CARO Road, Caro, MI 48723

    5-acre property with shop, apartment, and storage barn.
    • 5024 sqft Post‑Frame Building with Attached 1224 sqft Apartment + Storage Barn on 5 Acres
    • 3800 sqft Heated Shop/Garage accommodates 9 vehicles and includes a Bathroom & Storage
    • 5‑Acre Splitable Property with Dual Road Frontage
    • Zoned for Residential, Commercial, and Agricultural Use
    • Newer Metal Roofs (2017) on Both Buildings
    Updated: Sep 2, 2025
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    Restaurant, Bar with Apartments
    $450,000
    3,368 SF
    Restaurant, Bar with Apartments

    261 N State Street, Caro, MI 48723

    Restaurant/bar with two apartments in downtown Caro, Michigan.
    • Fully functioning restaurant/bar with existing customer base.
    • Sale includes liquor license.
    • Two upstairs apartments provide rental income potential.
    • Prime downtown Caro location.
    • The two‑bedroom apartment has been recently touched up.
    Updated: Oct 22, 2025
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    Value-Add Investment Opportunity
    $459,900
    5,934 SF
    Value-Add Investment Opportunity

    4.5-acre property with storage units, commercial space, and apartment.

    Caro, MI 48723

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    Based on your search, we've compiled 11 Potential Opportunities for your consideration. Besides 3 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.

    Brick Duplex with Separate Entrances
    $44,900
    0.19 Acres
    Brick Duplex with Separate Entrances

    Solid brick 2-unit duplex with newer roof, hardwood floors, full basement, and separate electric service for the upper unit.

    544 S 13th Street, Saginaw, MI 48601

    View details
    Brick Garden-Style Quadplex
    $425,000
    3,132 SF
    Brick Garden-Style Quadplex

    Four 2-bedroom units with full basements and separately metered, tenant-paid utilities near hospital, schools, and shopping.

    2311 22nd St, Bay City, MI 48708

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    Renovated Duplex in Hampton Township
    $225,000
    0.28 Acres
    Renovated Duplex in Hampton Township

    Turn-key duplex with updated units, garages, and strong cash-flow.

    2114 Avalon, Bay City, MI 48708

    View details
    Brick Multi-Family Home with Garage
    $56,000
    1,800 SF
    Brick Multi-Family Home with Garage

    Multi-family home featuring two units and a two-car garage.

    544 S 13th St, Saginaw, MI 48601

    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.

    Residential Land in Timber Point
    Contact for pricing
    0.50 Acres
    Residential Land in Timber Point

    Vacant land ready for your dream home in Vassar.

    001 EVERGREEN Trail, Vassar, MI 48768

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    Residential Land in Timber Point
    Contact for pricing
    0.50 Acres
    Residential Land in Timber Point

    Vacant land ready for your dream home in Vassar, MI.

    002 Evergreen Trail, Vassar, MI 48768

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    Residential Building Lot with Utilities
    Contact for pricing
    0.68 Acres
    Residential Building Lot with Utilities

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

    A Hemingway Lake, Otter Lake, MI 48464

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    Residential Land in Timber Point
    Contact for pricing
    0.25 Acres
    Residential Land in Timber Point

    Vacant land ready for your dream home in Vassar Twp.

    022 Evergreen, Vassar, MI 48768

    View details

    Caro, MI Residential Income Properties Investment Opportunities Market Analysis

    Explore 3 residential income properties for sale in Caro, MI, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 14,326 square feet of properties for sale, with an estimated market value of $1,204,900.

    Sale prices for residential income properties in Caro, MI start at $295,000, averaging $401,633, and reaching up to $459,900 — 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

    Apartment buildings 3
    Multifamily properties 3
    Single family properties 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 $401.6K

    Taxes & Financing

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

    Listings Trend

    New vs delisted commercial listings in Tuscola County

    New Delisted

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