Residential Income

Ellsworth, MI Residential Income Properties for Sale

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East Jordan, MI Central Lake, MI Charlevoix, MI Eastport, MI Kewadin, MI Bellaire, MI Boyne City, MI Northport, MI
Renovated Lakefront Apartment Building
Updated: Jul 1
Renovated Lakefront Apartment Building

9661 Lake Street, Ellsworth, MI 49729

$1,649,000
4,736 sqft 53.00 AC lot
Professionally renovated 9‑bed, 9.5‑bath estate originally built as a bed & breakfast and converted into individual private units
Over 53 acres of land, offering privacy and space for an estate or short‑term rental setup
139 ft of private frontage on Saint Clair Lake
Wood frame construction with shingle roof
Natural gas heating with well water source
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Waterfront Land with East-Facing Sites
Updated: Jun 24
Waterfront Land with East-Facing Sites

6263 E Jordan Road, Ellsworth, MI 49729

$195,000
6.51 AC lot
199 feet of waterfront frontage on Northern Michigan’s Chain of Lakes (Lake access).
East‑facing building sites with sunrise views across the water.
Located between East Jordan and Ellsworth on a lakefront parcel.
Private water source; a well is already on site.
Health Department approval for a septic system has been obtained.
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Lakefront Short-Term Rental Property
Lakefront Short-Term Rental Property

9661 Lake Street, Ellsworth, MI 49729

$1,649,000

Renovated private-unit lodging property with commercial-improved zoning, a dock, and direct Saint Clair Lake frontage.

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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 11 Potential Opportunities for your consideration. Besides 3 Active listings in Ellsworth, 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.

Mixed-Use Building with Office Space
Mixed-Use Building with Office Space

1301 Bridge Street, Charlevoix, MI 49720

$349,000
1,989 sqft

Commercially zoned property combines a street-level office with a two-bedroom apartment above.

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Two-Unit Duplex Near Lake Access
Two-Unit Duplex Near Lake Access

105 & 107 Bridge Street, East Jordan, MI 49727

$231,900
960 sqft

Duplex with two one-bedroom units and city utilities, near East Jordan City boat launch and local conveniences.

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Mixed-Use Building with Restaurant Tenant
Mixed-Use Building with Restaurant Tenant

109 & 111 Bridge, Charlevoix, MI 49720

$1,450,000
5,656 sqft

Mixed-use building on US-31 with a ground-floor restaurant under lease and two residential condos above.

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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.

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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Wooded Residential Building Lot
Wooded Residential Building Lot

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

$39,900
1.00 AC lot

A 1-acre wooded parcel in Residential zoning with approved easement access for a home or weekend getaway.

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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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Ellsworth, MI Residential Income Properties Market Trends and Statistics

Explore 3 residential income properties for sale in Ellsworth, MI, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 4,736 square feet of properties for sale, with an estimated market value of $3,493,000.

Sale prices for residential income properties in Ellsworth, MI start at $195,000, averaging $1,164,333, and reaching up to $1,649,000 — 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

Apartment buildings 2
Multifamily properties 2
Short term rental properties 2
Single family properties 1

Demographics Overview

Population 1,435
Population Growth (5Y) -9.0%
Median Household Income $78,365
College Educated 31.9%

High-Yield Neighborhoods for Investment

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

Neighborhood Average Price
49729 $922K

Taxes & Financing

Tax Rate (average for all types) 2.08%
Property Tax per SF $39.38 per SF
Tax Rate vs County Average 0.24 pp below county avg
Average Loan-to-Value 65.0%

Total CRE Inventory on Market (SF)

Average Property Price per SF

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

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