Residential Income

Indian River, MI Residential Income Properties for Sale

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Alanson, MI Afton, MI Topinabee, MI Wolverine, MI Cheboygan, MI Brutus, MI Petoskey, MI Conway, MI
Remodeled Residential Income Property
Updated: Aug 15
Remodeled Residential Income Property

4179 S Straits Highway, Indian River, MI 49749

$215,000
399 sqft 1.17 AC lot
399 square feet on 1.17 acres
Remodeled in 2026 and offered fully furnished
Log construction with metal roof and fireplace
Located along the Sturgeon River
Central air, ceiling fans, and electric heat
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Remodeled Residential Income Cabin
Updated: Aug 15
Remodeled Residential Income Cabin

4179 S Straits Highway, Indian River, MI 49749

$210,000
446 sqft 1.17 AC lot
446 SF log cabin on 1.17 acres
Remodeled in 2026 and offered fully furnished
Located along the Sturgeon River with access to Burt Lake and the Inland Waterway
Part of the newly formed Sturgeon River Cabin Association
Central air, electric heating, metal roof, and public sewer
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Remodeled Riverfront Resort Cabin
Remodeled Riverfront Resort Cabin

4179 S Straits Highway, Indian River, MI 49749

$215,000
399 sqft 1.17 AC lot

Furnished cabin within a newly formed association, with recreational water access and year-round heating and cooling.

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Based on your search, we've compiled 11 Potential Opportunities for your consideration. Besides 3 Active listings in Indian River, 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.

Remodeled Duplex with Private Entrances
Remodeled Duplex with Private Entrances

415 Liberty Street, Petoskey, MI 49770

$559,900
2,318 sqft

Duplex in Residential zoning with private entrances, in-unit laundry, and off-street driveway parking.

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Duplex with One-Car Garage
Duplex with One-Car Garage

513 Liberty St, Petoskey, MI 49770

$340,000
1,816 sqft

Duplex in RM-2 zoning with two units, natural gas heat, shingle roof, and a one-car garage plus off-street parking.

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Updated Triplex with Decks
Updated Triplex with Decks

321 Dresser Street, Cheboygan, MI 49721

$239,900

One renovated apartment is vacant, while two additional units are leased.

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6-Unit Apartment Building
6-Unit Apartment Building

123 N BAILEY STREET, Cheboygan, MI 49721

$399,000

Attached garage, storage space, partial basement, and rear paved parking support the existing layout.

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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.

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 Residential Land Parcel
Waterfront Residential Land Parcel

6436 Lora Bette Drive, Alanson, MI 49706

Contact for pricing
1.03 AC lot

Open, level residential land with electric on site and a freshwater pond connected to Black Hole and Crooked Lake.

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Residential Home Building Lot
Residential Home Building Lot

6412 Lora Bette Drive, Alanson, MI 49706

Contact for pricing
1.02 AC lot

Level residential lot with electricity available on site for flexible planning near Northern Michigan recreation.

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Alanson Crooked River Frontage Land
Alanson Crooked River Frontage Land

Spring Street, Alanson, MI 49706

$74,000
0.73 AC lot

Land with frontage on the Crooked River in Alanson.

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Indian River, MI Residential Income Properties Market Trends and Statistics

Explore 3 residential income properties for sale in Indian River, MI, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 1,244 square feet of properties for sale, with an estimated market value of $640,000.

Sale prices for residential income properties in Indian River, MI start at $210,000, averaging $213,333, and reaching up to $215,000 — 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

Multifamily properties 1
Short term rental properties 1

Demographics Overview

Population 4,860
Population Growth (5Y) +21.7%
Median Household Income $66,604
College Educated 49.3%

Taxes & Financing

Tax Rate (average for all types) 2.66%
Tax Rate vs County Average 0.54 pp below county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Cheboygan County

New Delisted

Total CRE Inventory on Market (SF)

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