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    Hermansville, MI Residential Income Properties for Sale

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    Powers, MI Vulcan, MI Spalding, MI
    Hermansville Duplex: Investment Opportunity
    $139,000
    1,725 SF

    Hermansville Duplex: Investment Opportunity

    5466 W Third Street, Hermansville, MI 49847

    Well-located Hermansville duplex with immediate cash flow potential.

    • Immediate cash flow from two currently occupied rental units.
    • Excellent location directly across from North Central Area Schools and minutes from US‑2.
    • Each unit has private laundry and a detached garage.
    • Duplex offers potential for rental income or owner‑occupancy with supplemental income.
    • Conveniently located halfway between Escanaba and Iron Mountain.
    Updated: Apr 23
    View details
    Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 1 Active listings in Hermansville, 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.

    Iron Mountain Duplex Near Lake
    $324,900
    2,224 SF

    Iron Mountain Duplex Near Lake

    Desirable duplex near Lake Antoine with income potential.

    607/609 Kennedy Road, Iron Mountain, MI 49801
    View details
    Escanaba Renovated Duplex Near Ludington
    $149,900
    1,490 SF

    Escanaba Renovated Duplex Near Ludington

    Recently renovated Escanaba duplex, one block from Ludington Street.

    105 N 19th Street, Escanaba, MI 49829
    View details
    Spacious Duplex on Corner Lot
    $129,900
    2,016 SF

    Spacious Duplex on Corner Lot

    Investment opportunity: spacious duplex with rental history in Iron Mountain.

    424 6th Street, Iron Mountain, MI 49801
    View details
    Manufactured Home in Fairview Estates
    $55,000

    Manufactured Home in Fairview Estates

    Two-bedroom, one-bath manufactured home with carport and shed.

    1401 N 23rd St Lot 54, Escanaba, MI 49829
    View details

    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.

    Land in Bark River, MI
    $150,000
    1.31 Acres

    Land in Bark River, MI

    Land with potential building area in Bark River, Michigan.

    W715 STATE HIGHWAY M-69 G30 ROAD, Bark River, MI 49807
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    Land in Bark River, MI
    $150,000
    1.31 Acres

    Land in Bark River, MI

    Land with potential building area in Bark River, Michigan.

    W715 State Highway M-69 G30 Road, Bark River, MI 49807
    View details
    Norway, MI Building Site
    $39,900
    1.95 Acres

    Norway, MI Building Site

    1.95 acre building site in the City of Norway.

    Lower Pine Creek Road, Norway, MI 49870
    View details
    Land on Highway, Norway, MI
    Contact for pricing
    1.50 Acres

    Land on Highway, Norway, MI

    1.5 acre commercial land parcel with highway frontage.

    US 2 Highway, Norway, MI 49870
    View details

    Hermansville, MI Residential Income Properties Investment Opportunities Market Analysis

    Explore 1 residential income properties for sale in Hermansville, MI on our real estate platform. These investment opportunities span a total of 1,725 square feet of properties for sale, with an estimated market value of $139,000.

    Sale prices for residential income properties in Hermansville, MI start at $139,000, averaging $139,000, and reaching up to $139,000 — 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

    Duplexes 1
    Multifamily properties 1

    Demographics Overview

    Population 1,063
    Population Growth (5Y) +4.7%
    Median Household Income $63,472
    College Educated 13.1%

    High-Yield Neighborhoods for Strategic Investment

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

    Neighborhood Average Price
    49847 $139K

    Taxes & Financing

    Tax Rate (average for all types) 3.96%
    Property Tax per SF $89.39 per sq ft
    Average Loan-to-Value 65.0%

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