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    Caspian, MI Residential Income Properties for Sale

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    Iron River, MI Crystal Falls, MI Long Lake, WI
    Caspian Duplex with Rental Potential
    $135,000
    1,525 SF
    Caspian Duplex with Rental Potential

    209 W Railroad Street, Caspian, MI 49915

    Charming duplex with two units and detached garages.
    • Income‑generating potential with a tenant in place on the first floor who is willing to stay.
    • Two units offer flexibility: live in one and rent the other, or rent out both.
    • Large lot comprised of 4 lots with two detached garages and one shed.
    • Each unit features two bedrooms; the lower unit has a potential third bedroom or study.
    • Includes essential appliances: Dishwasher, Range/Oven, and Refrigerator.
    Updated: May 18
    View details
    Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 1 Active listings in Caspian, 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.

    Turnkey Restaurant & Bar Opportunity
    $299,000
    2,923 SF
    Turnkey Restaurant & Bar Opportunity

    Ready-to-operate restaurant and bar with living quarters in Iron River.

    130 Washington Avenue, Iron River, MI 49935

    View details
    Turnkey Duplex Income Property
    $129,900
    1,872 SF
    Turnkey Duplex Income Property

    Well-laid-out duplex with dual laundry setups, private outdoor space, and a fully fenced yard for reliable rental income potential.

    712 Forest Parkway, Crystal Falls, MI 49920

    View details
    COMMERCIAL - Iron River, MI
    $425,000
    6,237 SF
    COMMERCIAL - Iron River, MI

    4,158 sq ft commercial/residential property with income potential.

    417 Washington Ave, Iron River, MI 49935

    View details
    Almost 11-Acre Mobile Home Park
    $499,999
    5,250 SF
    Almost 11-Acre Mobile Home Park

    Mobile home park with commercial land and expansion potential.

    10.6 AC US 2 Highway, Crystal Falls, MI 49920

    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.

    Caspian, MI Land Parcel
    Contact for pricing
    0.24 Acres
    Caspian, MI Land Parcel

    Land parcel near trails and downtown Caspian, MI.

    W Caspian Avenue, Caspian, MI 49915

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    Vacant Land in Iron River
    Contact for pricing
    0.78 Acres
    Vacant Land in Iron River

    Vacant 0.78 acre lot on the edge of town.

    Blossom Street, Iron River, MI 49935

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    Land Near ORV Trail
    Contact for pricing
    0.32 Acres
    Land Near ORV Trail

    Undeveloped land close to town and ORV trail.

    N Fourteenth Street lot: Block 17 Lot 1 And 2, Iron River, MI 49935

    View details
    Buildable Lots in Iron River
    Contact for pricing
    0.47 Acres
    Buildable Lots in Iron River

    Five vacant lots suitable for residential construction near downtown.

    W Monroe Street, Iron River, MI 49935

    View details

    Caspian, MI Residential Income Properties Market Trends and Statistics

    Explore 1 residential income properties for sale in Caspian, MI on our real estate platform. These investment opportunities span a total of 1,525 square feet of properties for sale, with an estimated market value of $135,000.

    Sale prices for residential income properties in Caspian, MI start at $135,000, averaging $135,000, and reaching up to $135,000 — 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

    Duplexes 1
    Multifamily properties 1

    Demographics Overview

    Population 520
    Median Household Income $41,786
    College Educated 21.1%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    49915 $115K

    Listings Trend

    New vs delisted commercial listings in Iron County

    New Delisted

    Total CRE Inventory on Market (SF)

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