Luther, MI
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    Luther, MI Residential Income Properties for Sale

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    Reed City, MI Leroy, MI Irons, MI
    Rustic-Chic Commercial Live/Work Space
    $250,000
    3,670 SF

    Rustic-Chic Commercial Live/Work Space

    201 State Street, Luther, MI 49656

    Unique Northern Michigan commercial property with residential quarters and large garage.

    • Versatile live/work property with 2,590 sq ft, suitable for business, residence, or mixed‑use.
    • 6+ car garage offers ample space for vehicles, workshop, storage, or recreational equipment.
    • Direct access to ATV/SxS trail systems and year‑round outdoor recreation from the property.
    • Unique rustic‑chic design with soaring ceilings and custom touches.
    • Convenient location within walking distance to restaurants.
    Updated: May 22
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    Two-Story Commercial Building Near Luther
    $109,000
    2,788 SF

    Two-Story Commercial Building Near Luther

    10978 E Eight Mile Road, Luther, MI 49656

    Versatile commercial building near Luther, MI, suitable for various uses.

    • Approved duplex conversion plans in place for immediate redevelopment
    • Major updates completed in 2016 plus $54,000 in recent improvements
    • No local zoning restrictions, providing development flexibility
    • Versatile building suitable for commercial space, single‑family residence, or duplex conversion
    • Located in the village of Bristol, close to Luther
    Updated: Feb 2
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    Versatile Two-Story Commercial Building
    $109,000
    2,788 SF

    Versatile Two-Story Commercial Building

    Two-story commercial building with updates, suitable for various uses.

    10978 E Eight Mile Road, Luther, MI 49656
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    Luther, MI Retail Storefront
    $250,000
    2,590 SF

    Luther, MI Retail Storefront

    Storefront with residential quarters, ideal for live/work environment.

    201 State Street, Luther, MI 49656
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    Based on your search, we've compiled 12 Potential Opportunities for your consideration. Besides 4 Active listings in Luther, 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.

    Reed City Duplex Investment
    $189,000
    0.30 Acres

    Reed City Duplex Investment

    Charming downtown duplex in Reed City, generating $1800 monthly.

    332 W Upton Avenue, Reed City, MI 49677
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    Commercial
    $299,000
    4,756 SF

    Commercial

    Mixed-use properties · 4,756 SF

    128 W Upton Ave, Reed City, MI 49677
    View details
    Village Duplex Investment Opportunity
    $134,900
    1,640 SF

    Village Duplex Investment Opportunity

    Duplex in Baldwin, MI, with updates and tenant leases.

    1038 Michigan Avenue, Baldwin, MI 49304
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    Profitable RV Park Near Ludington
    $5,500,000

    Profitable RV Park Near Ludington

    RV park with cabins, tent sites, and expansion potential.

    11713 West 40th Street, Baldwin, MI 49402
    View details

    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.

    Pristine Land Near Reed City
    $799,000
    157.22 Acres

    Pristine Land Near Reed City

    157.22 acres with development potential near Reed City, Michigan.

    157.22 E 24th Street, Reed City, MI 49677
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    80 Acres Northwest of Reed City
    $375,000
    80.00 Acres

    80 Acres Northwest of Reed City

    80 acres of surveyed land with road frontage near Reed City.

    80 E 24th Street, Reed City, MI 49677
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    Residential Lot in Golf Community
    Contact for pricing
    0.49 Acres

    Residential Lot in Golf Community

    Homesite in Lakewood On The Green development overlooking the fairway.

    Lot 28 White Pine Drive, Cadillac, MI 49601
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    Residential Lot in Quiet Community
    Contact for pricing
    0.48 Acres

    Residential Lot in Quiet Community

    Homesite in Lakewood On The Green development overlooking the fairway.

    Lot 29 White Pine Drive, Cadillac, MI 49601
    View details

    Luther, MI Residential Income Properties Investment Opportunities Market Analysis

    Explore 4 residential income properties for sale in Luther, MI, showcased through 4 active listings on our real estate platform. These investment opportunities span a total of 11,836 square feet of properties for sale, with an estimated market value of $718,000.

    Sale prices for residential income properties in Luther, MI start at $109,000, averaging $179,500, and reaching up to $250,000 — 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

    Duplexes 2
    Multifamily properties 2
    Single family properties 2

    Demographics Overview

    Population 2,111
    Population Growth (5Y) +30.6%
    Median Household Income $55,781
    College Educated 13.3%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    49656 $179.5K

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