Caspian, MI Residential income properties for sale

Updated: May 18

Two-Unit Duplex with Detached Garages

209 West Railroad Street, Caspian, MI 49915

$135,000

1,525 sqft

1,525 SF duplex built in 1920
Two units with two bedrooms each
Lower unit includes a walk‑through room usable as a study or third bedroom
First‑floor occupants have rented for nearly 2 years and may remain
Upper unit is vacant after prior owner use

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Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center

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.

Lakefront Resort with Cabins

229 E Lake Emily Road, Crystal Falls, MI 49920

$519,900

2,276 sqft 1.59 AC lot

Four two-bedroom accommodations offer open living and kitchen areas beside Lake Emily in a commercial-zoned setting.

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Spacious Duplex Ready for Renovation

37 Allen Street, Iron River, MI 49935

$45,000

2,875 sqft 0.34 AC lot

2,875 sq ft duplex on 0.34 acres, ready for renovation.

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Renovated Duplex with Detached Garage

112 Little Deer Road, Iron River, MI 49935

$369,900

2,373 sqft

Two residential units combine updated interiors with private outdoor amenities and supplemental storage capacity.

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Mobile Home Park with Expansion Sites

10.6 AC US 2 Highway, Crystal Falls, MI 49920

$499,999

5,250 sqft 10.60 AC lot

Established park with park-owned and tenant-owned homes, public utilities, and capacity for additional rentable lots.

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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.

Caspian, MI Land Parcel

W Caspian Avenue, Caspian, MI 49915

Contact for pricing

0.24 AC lot

Land parcel near trails and downtown Caspian, MI.

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Vacant Land in Iron River

Blossom Street, Iron River, MI 49935

Contact for pricing

0.78 AC lot

Vacant 0.78 acre lot on the edge of town.

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Land Near ORV Trail

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

Contact for pricing

0.32 AC lot

Undeveloped land close to town and ORV trail.

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Buildable Lots in Iron River

W Monroe Street, Iron River, MI 49935

Contact for pricing

0.47 AC lot

Five vacant lots suitable for residential construction near downtown.

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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 average $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.

Caspian, MI Residential Income Properties for Sale

209 West Railroad Street, Caspian, MI 49915