Residential Income

Manistee, MI Residential Income Properties for Sale

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Eastlake, MI Free Soil, MI Onekama, MI
10 properties
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Versatile Commercial/Residential Property on US-31
Updated: Apr 15
Versatile Commercial/Residential Property on US-31

480 E Parkdale Avenue, Manistee, MI 49660

$1,325,000
9,500 sqft · 1.27 AC lot
Prime US‑31 highway frontage with high visibility for commercial ventures.
Versatile multi‑use property suitable for commercial and residential purposes, offering live/work options.
Approximately 4,800 sq ft of main‑level commercial space with three bays, office, break room, and two bathrooms.
Includes a comfortable 2‑bedroom residence with attached garage for on‑site living or rental income.
Newer 2‑stall garage with 60‑amp service, 220 electric, and RV hookup.
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Remodeled Duplex With Fenced Yard
Updated: Jun 11
Remodeled Duplex With Fenced Yard

244 5th Street, Manistee, MI 49660

$224,000
0.18 AC lot
Duplex with separate utilities, including main floor and upstairs apartment layouts.
Main floor apartment has been totally remodeled with updated white kitchen with black accents and refinished hardwood floors.
Finished, clean and dry basement (Ayers Basement Systems) includes washer/dryer for the main floor apartment.
Upstairs apartment includes 1 bedroom, 1 bath, and a new side‑by‑side washer, dryer, and refrigerator.
2‑car concrete block garage with newer roof/trusses and newer doors opening to the alley; privacy fenced backyard on a large lot.
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Manistee Duplex Investment Opportunity
Manistee Duplex Investment Opportunity

75 Filer Street, Manistee, MI 49660

$205,000
0.09 AC lot

Turnkey duplex near downtown and Riverwalk, excellent income potential.

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Updated Duplex in Manistee, MI
Updated Duplex in Manistee, MI

264 6th Avenue, Manistee, MI 49660

$205,000
0.09 AC lot

Well-maintained duplex with modern updates, ideal for investment or owner-occupancy.

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Mixed-Use Building with Retail
Mixed-Use Building with Retail

221 5th Street, Manistee, MI 49660

$149,000
0.11 AC lot

Multi-purpose building combining two upper rental units, a ground-floor retail space, and enclosed parking for tenant convenience.

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Duplex with Privacy Fenced Backyard
Duplex with Privacy Fenced Backyard

244 5th St, Manistee, MI 49660

$224,000

Well-maintained duplex offers two separate units with separate utilities, a finished basement, and a two-car garage.

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Manistee Triplex Renovation Opportunity
Manistee Triplex Renovation Opportunity

822 Vine Street, Manistee, MI 49660

$68,000
0.11 AC lot

Triplex renovation project with income potential in Manistee, Michigan.

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Mixed-Use Building in Manistee
Mixed-Use Building in Manistee

221 5th St, Manistee, MI 49660

$174,900

Multi-purpose building with rental units and retail space.

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Updated Duplex: Investment or Owner-Occupied
Updated Duplex: Investment or Owner-Occupied

264 6th Ave, Manistee, MI 49660

$205,000

Well-maintained duplex with modern updates, ideal for investment or owner-occupancy.

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Mixed-Use Building in Manistee
Mixed-Use Building in Manistee

221 5th Street, Manistee, MI 49660

$179,900
4,935 sqft

Multi-purpose building with residential and retail spaces for sale.

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Based on your search, we've compiled 18 Potential Opportunities for your consideration. Besides 10 Active listings in Manistee, 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.

Two-Unit Duplex with Attached Garage
Two-Unit Duplex with Attached Garage

212-214 Taylors Court, Scottville, MI 49454

$295,000
0.30 AC lot

Energy-efficient duplex offering two open layouts, in-unit laundry access, and basements with egress windows.

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Established Bar/Restaurant with Home
Established Bar/Restaurant with Home

9567 Chippewa Highway, Bear Lake, MI 49614

$439,900
3,800 sqft · 2.37 AC lot

Turn-key bar and restaurant with a home on 2.37 acres.

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Sweetwater Meadows Multifamily Investment Opportunity
Sweetwater Meadows Multifamily Investment Opportunity

Multiple Taylors Court & Evans Way, Scottville, MI 49454

$1,390,000
9.11 AC lot

Multifamily package with existing rentals and development potential in Scottville.

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Office Building Near Bear Lake
Office Building Near Bear Lake

11660 Chippewa Highway, Bear Lake, MI 49614

$325,000

Office building on a main highway with multi-use zoning.

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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.

Manistee Corner Building Lot
Manistee Corner Building Lot

315 Cypress Street, Manistee, MI 49660

Contact for pricing
0.10 AC lot

Corner lot near downtown Manistee with available utilities.

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Riverfront Land in Manistee, MI
Riverfront Land in Manistee, MI

Sixth Ave, Manistee, MI 49660

$89,000
0.56 AC lot

Residential land with river frontage, close to downtown Manistee.

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Manistee Commercial Development Opportunity
Manistee Commercial Development Opportunity

2213 US 31, Manistee, MI 49660

$389,000
18.36 AC lot

17-acre commercial development opportunity in Manistee County.

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Manistee Land For Sale
Manistee Land For Sale

1130 E Parkdale Avenue, Manistee, MI 49660

$170,000
4.37 AC lot

4.37 acre commercial land with high traffic and development potential.

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Manistee, MI Residential Income Properties Market Trends and Statistics

Explore 10 residential income properties for sale in Manistee, MI, showcased through 10 active listings on our real estate platform. These investment opportunities span a total of 14,435 square feet of properties for sale, with an estimated market value of $1,504,900.

Sale prices for residential income properties in Manistee, MI start at $179,900, averaging $752,450, and reaching up to $1,325,000 — 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 10
Duplexes 7
Triplexes 3

Demographics Overview

Population 15K
Population Growth (5Y) +1.2%
Median Household Income $62,211
College Educated 30.9%

High-Yield Neighborhoods for Investment

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

Neighborhood Average Price
49660 $296K

Taxes & Financing

Tax Rate (average for all types) 3.88%
Tax Rate vs County Average 0.07 pp above county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Manistee County

New Delisted

Total CRE Inventory on Market (SF)

Average Property Price per SF

For-sale pricing trends across core commercial property types in Manistee County

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