Residential Income

Levering, MI Residential Income Properties for Sale

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Pellston, MI Carp Lake, MI Mackinaw City, MI Brutus, MI Cheboygan, MI Harbor Springs, MI Alanson, MI Saint Ignace, MI
13-Unit Apartment Building
Updated: Sep 21
13-Unit Apartment Building

5692 N US 31 Highway, Levering, MI 49755

$497,000
4,769 sqft
13‑unit apartment property on approximately 1.1 acres
Fully rented long‑term efficiency apartments
11 studio‑style units plus a larger corner unit and attached house/office
4,769 square feet; built in 1971
B‑2 commercial zoning with well and septic
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7-Unit Apartment Building
Updated: Sep 21
7-Unit Apartment Building

2870 N US 31 Highway, Levering, MI 49755

$269,000
2,800 sqft
7‑unit apartment property with efficiency‑style units
Currently fully rented and operating as long‑term rentals
Approximately 2,800 square feet on approximately 1.6 acres
On‑site coin laundry
Located along US‑31 in Levering
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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 10 Potential Opportunities for your consideration. Besides 2 Active listings in Levering, 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 Furnished Short-Term Rental
Remodeled Furnished Short-Term Rental

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

$215,000
399 sqft

Fully furnished and equipped riverfront lodging property with access to Northern Michigan’s Inland Waterway system.

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Remodeled Furnished Short-Term Rental Cabin
Remodeled Furnished Short-Term Rental Cabin

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

$199,900
360 sqft

Cabin association property along the Sturgeon River with furnishings and equipment included.

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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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6-Unit Apartment Building
6-Unit Apartment Building

123 N BAILEY STREET, Cheboygan, MI 49721

$399,000

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.

Residential Land Lot with Driveway
Residential Land Lot with Driveway

Elder Road, Carp Lake, MI 49718

Contact for pricing
0.85 AC lot

Residential lot under one acre with a driveway and mixed trees near Carp River and Lake Michigan.

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Ski-In/Ski-Out Access Land
Ski-In/Ski-Out Access Land

328 Pleasant Ridge Drive, Harbor Springs, MI 49740

$148,000
1.00 AC lot

Premier lot with ski-in/ski-out access to Nub's Nob.

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Ski In/Out Homesite
Ski In/Out Homesite

1412 Andover Club Drive lot: 10, Harbor Springs, MI 49740

$125,000
0.50 AC lot

Wooded homesite for building a dream home.

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Ski In/Out Homesite
Ski In/Out Homesite

1339 Andover Club Drive lot: 33, Harbor Springs, MI 49740

$199,900
0.50 AC lot

Homesite at the Highlands, build your dream home!

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Levering, MI Residential Income Properties Market Trends and Statistics

Explore 2 residential income properties for sale in Levering, MI on our real estate platform. These investment opportunities span a total of 7,569 square feet of properties for sale, with an estimated market value of $766,000.

Sale prices for residential income properties in Levering, MI start at $269,000, averaging $383,000, and reaching up to $497,000 — 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

Apartment buildings 2
Multifamily properties 2

Demographics Overview

Population 1,858
Population Growth (5Y) -4.6%
Median Household Income $61,121
College Educated 30.6%

Taxes & Financing

Tax Rate (average for all types) 2.68%
Tax Rate vs County Average 1.43 pp below county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Emmet County

New Delisted

Total CRE Inventory on Market (SF)

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