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 Multifamily Property
Updated: Jul 2
Renovated Multifamily Property

9661 Lake Street, Ellsworth, MI 49729

$1,649,000
4,736 sqft 53.00 AC lot
4,736‑square‑foot multifamily property with nine bedrooms and nine and a half baths
Individually configured private units within a renovated former bed‑and‑breakfast
53‑acre property with 139 feet of private frontage on Saint Clair Lake
Commercial‑Improved zoning
Wood‑frame construction with a shingle roof
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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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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 10 Potential Opportunities for your consideration. Besides 2 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.

Historic Apartment Compound
Historic Apartment Compound

4987 Loeb Road, Charlevoix, MI 49720

$1,495,000
6,317 sqft

Three-building multifamily property with renovated interiors, natural gas heating, and Commercial zoning.

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2023-Built Four-Unit Townhouse Complex
2023-Built Four-Unit Townhouse Complex

710 Water Street, East Jordan, MI 49727

$1,100,000
5,360 sqft

Four attached residences feature private outdoor space, dedicated carports, separate utility metering, and contemporary mechanical systems.

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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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Mixed-Use Building with Residential Condos
Mixed-Use Building with Residential Condos

109 & 111 Bridge, Charlevoix, MI 49720

$1,450,000
5,656 sqft

Restaurant space and two one-bedroom residences create a combined commercial and residential configuration.

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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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Cleared Walkout Homesite Lot
Cleared Walkout Homesite Lot

High Pines Trail lot: 29, Boyne City, MI 49712

$42,000
1.74 AC lot

Residential vacant homesite with a cleared driveway and building area for walkout-style design.

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Ellsworth, MI Residential Income Properties Market Trends and Statistics

Explore 2 residential income properties for sale in Ellsworth, MI 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 $1,844,000.

Sale prices for residential income properties in Ellsworth, MI start at $195,000, averaging $922,000, 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 1
Multifamily properties 1
Short term rental properties 1
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%

Listings Trend

New vs delisted commercial listings in Antrim County

New Delisted

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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