Lake Leelanau, MI Residential income properties for sale

Updated: Oct 16

8-Unit Townhouse Apartment Property

540 Saint Joseph Street, Lake Leelanau, MI 49653

$1,500,000

6,272 sqft 1.22 AC lot

Eight townhouse units across two buildings, with four units in each
Each unit has 2 bedrooms and 1.5 bathrooms
Built in 2002; 6,272 square feet on 1.22 acres
Separate natural gas and electric meters for every unit
Each unit includes a 5‑foot crawlspace with furnace and water heater

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Realmo Analytics Monitor Off-market properties and contact owners who are ready to sell. Many signals applied to make quality leads for you. Get Leads

Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 1 Active listings in Lake Leelanau, 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.

Hotel Property with Lake Views

1757 N Manitou Trail, Leland, MI 49654

$4,200,000

9,244 sqft 4.33 AC lot

Hospitality property with multiple buildings, short-term rental accommodations, and private frontage across the road from North Lake Leelanau.

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Lakefront Duplex Residential Property

723 N Apple Tree Drive, Suttons Bay, MI 49682

$599,000

1,504 sqft

End-unit residence with flexible living space, private patio, garage, and access to shared recreational amenities.

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Multi-Building Lakefront Hotel

1757 N Manitou Trl, Leland, MI 49654

$4,200,000

9,244 sqft

Hospitality property with short-term lodging, a historic lodge, guest services, and recreational rental operations.

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BINGHAM TWP, MI

Suttons Bay, MI 49682

$825,000

Agricultural land / Farmland

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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.

Elevated Farmland Development Parcel

Parcel C E Duck Lake Road, Suttons Bay, MI 49682

$2,400,000

74.20 AC lot

Developable farmland parcel offers ridge-top elevation and multi-directional water views near Suttons Bay.

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Rolling Farmland with Bay Views

Parcel B E Duck Lake Road, Suttons Bay, MI 49682

$1,300,000

46.40 AC lot

Elevated agricultural land offers open terrain, water views, and Residential/Agricultural zoning near Suttons Bay.

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Horses-Allowed Hobby Farm Land

S Schomberg Road, Lake Leelanau, MI 49653

$228,000

9.50 AC lot

Nearly 10 acres with horses-allowed zoning and multiple build-site options, including potential seasonal Lake Leelanau views.

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Suttons Bay Vacant Land Opportunity

1881 N Blue Water Court lot: 12, Suttons Bay, MI 49682

$185,000

1.00 AC lot

Premier building site with water views near Suttons Bay.

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Lake Leelanau, MI Residential Income Properties Market Trends and Statistics

Explore 1 residential income properties for sale in Lake Leelanau, MI on our real estate platform. These investment opportunities span a total of 6,272 square feet of properties for sale, with an estimated market value of $1,500,000.

Sale prices for residential investment properties in Lake Leelanau, MI average $1,500,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

Lake Leelanau, MI Residential Income Properties for Sale

540 Saint Joseph Street, Lake Leelanau, MI 49653