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    Charlevoix, MI
    Residential Income

    Charlevoix, MI Residential Income Properties for Sale

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    Ellsworth, MI East Jordan, MI Petoskey, MI Boyne City, MI Central Lake, MI Eastport, MI Kewadin, MI Northport, MI
    6 properties
    Mixed-Use Building with Restaurant Tenant
    Updated: Jul 2
    Mixed-Use Building with Restaurant Tenant

    109 & 111 Bridge, Charlevoix, MI 49720

    $1,450,000
    5,656 sqft
    5,656‑SF mixed‑use building at 107 & 111 Bridge Street in Downtown Charlevoix, MI
    Direct US‑31 frontage with over 15,000 vehicles passing daily during peak summer months
    Ground level fully occupied by The Happy Troll Restaurant under a solid five‑year lease
    Two 1‑bedroom residential condos above the restaurant, each with a private balcony
    Cable available; heating uses natural gas
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    This listing looks promising.

    Here's a quick look at some key insights for

    109 & 111 Bridge, Charlevoix, MI 49720

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    • Est. Cap Rate

      4.7%
      NOI ÷ price

    • Est. NOI

      $68K
      Annual

    • Price @ 7% Cap

      $969K
      Suggested
    View Property Analytics
    Three-Building Apartment Property
    Updated: Aug 14
    Three-Building Apartment Property

    4987 Loeb Road, Charlevoix, MI 49720

    $1,495,000
    6,317 sqft 2.00 AC lot
    Three‑building apartment property on 2 acres
    6,317 square feet across the property
    7 finished, leased units
    Approved for up to 8 total units
    Commercial zoning
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    Historic Short-Term Rental Building with Plunge Pool
    Historic Short-Term Rental Building with Plunge Pool

    211 Bridge, Charlevoix, MI 49720

    $3,995,000
    10,500 sqft

    Restored 1915 building with rooftop gathering area, retail spaces, and multiple short-term rental apartments.

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    Three-Building Apartment Compound
    Three-Building Apartment Compound

    4987 Loeb Road, Charlevoix, MI 49720

    $1,495,000
    6,317 sqft 2.00 AC lot

    Leased residential units occupy a flexible multifamily layout with approved capacity for additional occupancy.

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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Historic Mixed-Use Building with Retail
    Historic Mixed-Use Building with Retail

    211 Bridge Street, Charlevoix, MI 49720

    Contact for pricing
    10,500 sqft

    Restored 1915 building offering street-level retail and multiple renovated apartment units, including short-term rentals and rooftop amenities.

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    6-Unit Motel with House
    6-Unit Motel with House

    6822 US-31 S, Charlevoix, MI 49720

    Contact for pricing

    Hospitality property with a separate one-bedroom house and hookups for seasonal trailers.

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    Based on your search, we've compiled 16 Potential Opportunities for your consideration. Besides 6 Active listings in Charlevoix, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 2 Off-Market properties to explore as potential leads, 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.

    Renovated Lakefront Apartment Building
    Renovated Lakefront Apartment Building

    9661 Lake Street, Ellsworth, MI 49729

    $1,649,000
    4,736 sqft 53.00 AC lot

    Renovated multifamily estate with individual private units, nine bedrooms, 9.5 baths, and private lake frontage.

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    Waterfront Land with East-Facing Sites
    Waterfront Land with East-Facing Sites

    6263 E Jordan Road, Ellsworth, MI 49729

    $195,000
    6.51 AC lot

    Residential-zoned waterfront parcel with 199 feet of frontage and an existing well, plus septic approval already obtained.

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    Two-Unit Duplex with City Utilities
    Two-Unit Duplex with City Utilities

    825 & 827 Vance Street, East Jordan, MI 49727

    $249,900
    1,344 sqft

    R1-zoned property containing two residences, each configured with two bedrooms and supported by municipal utilities.

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    Wedding Venue with Waterfront Access
    Wedding Venue with Waterfront Access

    204 Water Street, East Jordan, MI 49727

    $4,999,000
    19,845 sqft 3.40 AC lot

    Multi-parcel waterfront property with a wedding and special event venue, plus additional commercial and short-term rental uses.

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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 Land in Charlevoix Marina
    Residential Land in Charlevoix Marina

    101 Ainslie Street, Charlevoix, MI 49720

    $299,000
    1.00 AC lot

    Residential land near Charlevoix's marina district, build your dream home.

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    Charlevoix Vacant Lot Opportunity
    Charlevoix Vacant Lot Opportunity

    N Country Club Drive lot: #19, Charlevoix, MI 49720

    $53,000
    0.98 AC lot

    Buildable lot near downtown Charlevoix and Lake Michigan.

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    Wooded Residential Lot
    Wooded Residential Lot

    Erie Street lot: Parcel D, East Jordan, MI 49727

    $39,900
    1.02 AC lot

    Residentially zoned, wooded lot with approved easement access for building a home or weekend getaway.

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    Wooded Residential Building Lot
    Wooded Residential Building Lot

    Erie Street lot: Parcel C, East Jordan, MI 49727

    $39,900
    1.01 AC lot

    Residential zoned wooded parcel with approved easement access, suited for a primary home or weekend getaway.

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    Off-Market Properties in Charlevoix, MI

    Consider similar Off-Market properties in Charlevoix, MI. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    6822 Us-31
    Multifamily properties

    6822 Us-31, Charlevoix, MI 49720

    Value Estimation by Request
    2,490 sqft 1.33 AC lot
    View details
    Fairway Vw
    Land

    0 Fairway Vw, Charlevoix, MI 49720

    Value Estimation by Request
    10.30 AC lot
    View details

    Charlevoix, MI Residential Income Properties Market Trends and Statistics

    Explore 8 residential income properties for sale in Charlevoix, MI, showcased through 6 active listings on our real estate platform. These investment opportunities span a total of 39,290 square feet of properties for sale, with an estimated market value of $8,435,000.

    Sale prices for residential income properties in Charlevoix, MI start at $1,450,000, averaging $2,108,750, and reaching up to $3,995,000 — 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 6
    Short term rental properties 3
    Apartment buildings 2

    Demographics Overview

    Population 9,113
    Population Growth (5Y) +4.2%
    Median Household Income $76,127
    College Educated 26.3%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    49720 $1.9M

    Taxes & Financing

    Tax Rate (average for all types) 3.34%
    Property Tax per SF $1.89 per SF
    Tax Rate vs County Average 0.02 pp above county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Charlevoix County

    New Delisted

    Total CRE Inventory on Market (SF)

    Average Property Price per SF

    For-sale pricing trends across core commercial property types in Charlevoix County

    Residential Income

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    Most Searched ZIP Codes in Charlevoix, MI

    • 49720

    Featured Charlevoix Real Estate Agencies

    Realmo connects you with licensed Charlevoix CRE brokers providing property specifications, local market pricing, and commercial transaction underwriting support.

    Berkshire Hathaway HomeServices Real Estate
    203 Bridge St. Charlevoix, MI 49720
    Phone: 12315479905
    www.BHHSMichiganRealEstate.com

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