Residential Income

Homer, MI Residential Income Properties for Sale

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Duplex with Two-Bedroom Units
Updated: Oct 19
Duplex with Two-Bedroom Units

201 E Main Street, Homer, MI 49245

$299,900
0.20 AC lot
Two‑unit duplex with two bedrooms in each residence
Full renovation completed since purchase in 2021
Month‑to‑month occupancy; tenants pay utilities and owner pays trash
0.2‑acre lot with paved parking
Separate sheds and included appliances
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2-Unit Duplex with Garages
Updated: Oct 19
2-Unit Duplex with Garages

203 E Main Street, Homer, MI 49245

$314,500
0.24 AC lot
Two residences, each with 2 bedrooms and 1.5 baths
Built in 2009 on a 0.24‑acre lot
Each unit has a 1 car garage and storage room
Rear patio with privacy wall connects to the garage
Month‑to‑month tenancies; tenants pay utilities and owner pays trash
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Riverfront Residential Property
Riverfront Residential Property

5545 25 1/2 Mile Road, Homer, MI 49245

$224,900
3.10 AC lot

Single-story home on 3.1 acres with 450+ feet of Kalamazoo River frontage and rebuilt dock.

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3 active listings match your search: Residential Income for sale in Homer, MI. Based on your search, we've also compiled 8 Potential Opportunities for your consideration: 4 properties in nearby cities and 4 land listings with development potential.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

4-Unit Historic Quadplex
4-Unit Historic Quadplex

612 E Erie Street, Albion, MI 49224

$179,900
3,600 sqft

Four residential units occupy a historic property dating to 1870.

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7-Unit Apartment Building
7-Unit Apartment Building

190 Maple Street, Concord, MI 49237

$699,000
0.48 AC lot

Brick multifamily property with updated units, basement storage, separate meters, and individual one-car garages.

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Two-Unit Townhouse-Style Duplex
Two-Unit Townhouse-Style Duplex

717 N Eaton Street, Albion, MI 49224

$54,900
0.14 AC lot

Townhouse-style units feature main-level living areas with bedrooms positioned upstairs.

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Duplex with Separate Unit Layout
Duplex with Separate Unit Layout

210 S Concord Street, Concord, MI 49237

$129,900

Two-level residential property with distinct living spaces, updated mechanical components, and one vacant unit for occupancy or leasing.

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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.

Vacant Development Land
Vacant Development Land

405 W Chestnut Street, Albion, MI 49224

Contact for pricing
1.39 AC lot

Three adjoining lots with public water, public sewer, and natural gas available.

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Vacant Development Lot
Vacant Development Lot

211 E Mulberry Street, Albion, MI 49224

Contact for pricing
0.16 AC lot

Vacant land with public water, public sewer, and natural gas available for future development planning.

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Buildable Land Parcel
Buildable Land Parcel

1006 Jefferson Street, Albion, MI 49224

Contact for pricing
0.13 AC lot

Vacant land with public water, public sewer, and natural gas availability for supported development plans.

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Albion Buildable Lot For Sale
Albion Buildable Lot For Sale

1010 Jefferson Street, Albion, MI 49224

Contact for pricing
0.13 AC lot

Vacant lot available through Calhoun County Land Bank's DTL program.

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Homer, MI Residential Income Properties Market Trends and Statistics

Explore 3 residential income properties for sale in Homer, MI, showcased through 3 active listings on our real estate platform.

Sale prices for residential investment properties in Homer, MI start at $224,900, averaging $279,766, and reaching up to $314,500 — 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

Duplexes 2
Multifamily properties 2
Single family properties 1

Demographics Overview

Population 4,472
Population Growth (5Y) -6.5%
Median Household Income $59,460
College Educated 13.9%

High-Yield Neighborhoods for Investment

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

Neighborhood Average Price
49245 $290.7K

Taxes & Financing

Tax Rate (average for all types) 2.46%
Property Tax per SF $51.41 per SF
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Calhoun County

New Delisted

Total CRE Inventory on Market (SF)

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