Residential Income

Indian River, MI Residential Income Properties for Sale

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Alanson, MI Topinabee, MI Cheboygan, MI Wolverine, MI Afton, MI Brutus, MI Petoskey, MI Wolverine Lake, MI
Remodeled Furnished Short-Term Rental
Updated: Sep 5
Remodeled Furnished Short-Term Rental

4-4179 S Straits Hwy, Indian River, MI 49749

$215,000
399 sqft
Completely remodeled in 2026
Fully furnished and equipped
Located along the Sturgeon River
Access to Burt Lake and the Inland Waterway system
Supports boating, fishing, kayaking, skiing, and snowmobiling access
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Remodeled Furnished Short-Term Rental Cabin
Updated: Sep 2
Remodeled Furnished Short-Term Rental Cabin

3-4179 S Straits Hwy, Indian River, MI 49749

$199,900
360 sqft
Completely remodeled in 2026
Furnishings and equipment included
Located within the Reed's on the River Sturgeon River Cabin Association
Situated along the Sturgeon River
Access to Burt Lake and the Inland Waterway system
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Remodeled Cabin Income Property
Remodeled Cabin Income Property

5-4179 S Straits Hwy, Indian River, MI 49749

$215,000
399 sqft

Furnished cabin ownership along the Sturgeon River with access to regional boating, fishing, and winter recreation.

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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 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.

Six-Unit Apartment Building
Six-Unit Apartment Building

123 North Bailey Street, Cheboygan, MI 49721

$399,000
16,718 sqft

Commercially zoned property with rear paved parking, an attached garage, and storage space.

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13-Unit Apartment Building
13-Unit Apartment Building

5692 N US 31 Highway, Levering, MI 49755

$497,000
4,769 sqft

Fully rented efficiency-apartment property with on-site laundry, paved parking, and an attached house/office.

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7-Unit Apartment Building
7-Unit Apartment Building

2870 N US 31 Highway, Levering, MI 49755

$269,000
2,800 sqft

Fully rented efficiency apartments with on-site coin laundry and commercial zoning.

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6-Unit Apartment Building
6-Unit Apartment Building

123 N BAILEY STREET, Cheboygan, MI 49721

$379,000

Attached garage, storage, basement space, and paved rear parking support the property’s 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.

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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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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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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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 1,158 square feet of properties for sale, with an estimated market value of $629,900.

Sale prices for residential income properties in Indian River, MI start at $199,900, averaging $209,966, 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 3
Short term rental properties 3

Demographics Overview

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

High-Yield Neighborhoods for Investment

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

Neighborhood Average Price
49749 $210K

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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