Residential Income

Cheboygan County, MI Residential Income Properties for Sale

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Renovated Triplex with Vacant Unit
Updated: Aug 13
Renovated Triplex with Vacant Unit

321 Dresser Street, Cheboygan, MI 49721

$209,900
Three‑unit property with two 1‑bedroom/1‑bath apartments and one 2‑bedroom/1‑bath apartment
Apartment 2 extensively renovated in 2025 with new flooring, kitchen, bathroom, windows, paint, fixtures, and laundry hookup
Two apartments occupied; one vacant and move‑in ready
Newer roof plus new front and side porches
Three off‑street parking spaces
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6-Unit Apartment Building
Updated: Aug 14
6-Unit Apartment Building

123 N BAILEY STREET, Cheboygan, MI 49721

$379,000
6‑unit apartment building
Attached garage included
Storage area and partial basement
Office area could be converted to an efficiency apartment
Paved parking at the rear of the building
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Renovated Two-Unit Duplex
Renovated Two-Unit Duplex

Wolverine, MI 49799

$289,900
1,600 sqft

Updated rental duplex with separate utilities, individual laundry, and proximity to downtown amenities and outdoor recreation.

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Remodeled Furnished Short-Term Rental
Remodeled Furnished Short-Term Rental

4-4179 S Straits Hwy, Indian River, MI 49749

$215,000
399 sqft

Fully furnished and equipped riverfront lodging property with access to Northern Michigan’s Inland Waterway system.

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Remodeled Furnished Short-Term Rental Cabin
Remodeled Furnished Short-Term Rental Cabin

3-4179 S Straits Hwy, Indian River, MI 49749

$199,900
360 sqft

Cabin association property along the Sturgeon River with furnishings and equipment included.

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Remodeled Cabin Income Property
Remodeled Cabin Income Property

5-4179 S Straits Hwy, Indian River, MI 49749

$215,000
399 sqft

Furnished cabin ownership along the Sturgeon River with access to regional boating, fishing, and winter recreation.

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Six-Unit Apartment Building
Six-Unit Apartment Building

123 North Bailey Street, Cheboygan, MI 49721

$399,000
16,718 sqft

Commercially zoned property with rear paved parking, an attached garage, and storage space.

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Based on your search, we've compiled 12 Potential Opportunities for your consideration. Besides 7 Active listings in Cheboygan County, MI, we suggest exploring several alternatives: similar 1 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

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.

Ten-Lot Recreation Land
Ten-Lot Recreation Land

10 Lots Arthur Street lot: # 13-17 & 38-42, Topinabee, MI 49791

Contact for pricing

Ten wooded lots in the Village of Topinabee, close to Mullett Lake public amenities and the recreational trail.

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Waterfront Land Parcel for a Estate Home
Waterfront Land Parcel for a Estate Home

Mograin lot: 9, Cheboygan, MI 49721

$185,000
2.60 AC lot

Waterfront land on the Black River with private shoreline and a gentle slope suitable for a walkout design.

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Black River Waterfront Land Parcel
Black River Waterfront Land Parcel

Lower Mograin lot: 11, Cheboygan, MI 49721

$165,000
1.70 AC lot

Waterfront land on the Black River with a gentle slope and walkout basement suitability for a future home site.

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Waterfront Land Parcel with Walkout Potential
Waterfront Land Parcel with Walkout Potential

Lower Mograin lot: 12, Cheboygan, MI 49721

$165,000
1.80 AC lot

Waterfront Black River parcel with gentle slope suitable for a walkout basement and private shoreline use.

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Off-Market Properties in Cheboygan County, MI

Consider similar Off-Market properties in Cheboygan County, 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.

Cheboygan County, MI Residential Income Properties Market Trends and Statistics

Explore 8 residential income properties for sale in Cheboygan County, MI, showcased through 7 active listings on our real estate platform. These investment opportunities span a total of 19,476 square feet of properties for sale, with an estimated market value of $1,907,700.

Sale prices for residential income properties in Cheboygan County, MI start at $199,900, averaging $272,528, and reaching up to $399,000 — 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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