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    Manistee, MI
    Residential Income

    Manistee, MI Residential Income Properties for Sale

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    Multi-Use Live-Work Property
    Updated: Apr 15
    Multi-Use Live-Work Property

    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.
    View details
    Mixed-Use Property With Apartments
    Updated: Aug 1
    Mixed-Use Property With Apartments

    435 River Street, Manistee, MI 49660

    $475,000
    6,556 sqft 0.07 AC lot
    3,300 SF retail area on the main level
    Four upstairs apartments: three one‑bedroom and one two‑bedroom units
    3,300 SF basement for storage or workshop use
    Electrical, plumbing, flooring, and roof updated in the past couple of years
    Brick construction with rubber roof
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    Two-Story Mixed-Use Building
    Two-Story Mixed-Use Building

    135 Washington Street, Manistee, MI 49660

    $259,000
    3,800 sqft 0.08 AC lot

    Commercial space and two apartments combine retail activity with residential occupancy in one historic Manistee property.

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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Mixed-Use Building With Apartments
    Mixed-Use Building With Apartments

    435 River Street, Manistee, MI 49660

    Contact for pricing
    6,556 sqft

    Retail operations occupy the lower level, while four apartments provide residential space above.

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    Single-Level Duplex with Laundry Hookups
    Single-Level Duplex with Laundry Hookups

    75 Filer Street, Manistee, MI 49660

    $205,000
    0.09 AC lot

    Single-level duplex with both units on the first floor, updated with new flooring, paint, and modern appliances.

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    Updated Duplex with Private Deck
    Updated Duplex with Private Deck

    264 6th Avenue, Manistee, MI 49660

    $205,000
    0.09 AC lot

    Two-unit duplex with updated 2-bedroom and 1-bedroom units, a basement with washer/dryer, and a private deck.

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    Mixed-Use Retail and Rental Building
    Mixed-Use Retail and Rental Building

    221 5th Street, Manistee, MI 49660

    $149,000
    0.11 AC lot

    Two upper rental units sit above a retail space with storage, plus off-street parking and an oversized attached two-car garage.

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    Two-Story Mixed-Use Brick Building
    Two-Story Mixed-Use Brick Building

    135 Washington St, Manistee, MI 49660

    $259,000

    Retail space and two apartments combine in a corner-lot property with historic architectural details and strong pedestrian access.

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    Remodeled Duplex with Garage
    Remodeled Duplex with Garage

    244 5th Street, Manistee, MI 49660

    $215,000
    0.18 AC lot

    Duplex with separate utilities, remodeled main-floor unit, finished basement, and a 2-car concrete block garage.

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    Updated Duplex with Private Deck
    Updated Duplex with Private Deck

    264 6th, Manistee, MI 49660

    $205,000

    Two-unit property with basement laundry, driveway parking, and private outdoor 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 St, Manistee, MI 49660

    $149,000

    Multi-purpose building with rental units and retail space.

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    Duplex with Privacy Fenced Backyard
    Duplex with Privacy Fenced Backyard

    244 5th St, Manistee, MI 49660

    $215,000

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

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    Based on your search, we've compiled 21 Potential Opportunities for your consideration. Besides 13 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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    Shared Well and Septic Duplex
    Shared Well and Septic Duplex

    6105 N Grace Avenue, Ludington, MI 49431

    $339,000
    0.40 AC lot

    Two-residence duplex offering shared well and septic under one tax ID, with recent roof replacement and updated laundry systems.

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    Residential Income Property
    Residential Income Property

    6105 N Grace Avenue, Ludington, MI 49431

    $339,000

    Built in 1981 with forced-air and baseboard heating systems and paved exterior improvements.

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    Residential Income Portfolio with Buildable Units
    Residential Income Portfolio with Buildable Units

    Multiple Taylors Court & Evans Way, Scottville, MI 49454

    $1,390,000
    9.11 AC lot

    Package includes newly leased ranch houses, a duplex, and 17 vacant buildable units on a single acquisition.

    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.

    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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    Land Parcel on County Line
    Land Parcel on County Line

    Parcel 3 County Line Road, Free Soil, MI 49411

    Contact for pricing

    Land parcel located on County Line Road in Free Soil.

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    Lake-View Waterfront Land
    Lake-View Waterfront Land

    W Fairway Street lot: 17, Onekama, MI 49675

    $48,500
    0.33 AC lot

    Lake-view lot with Portage Lake and Bay views on Andys Point Peninsula, with electricity available.

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    Land in Manistee National Forest
    Land in Manistee National Forest

    Parcel 13 County Line Road, Free Soil, MI 49411

    $38,500
    2.57 AC lot

    2.57 acre buildable land near Lake Michigan.

    View details

    Manistee, MI Residential Income Properties Market Trends and Statistics

    Explore 13 residential income properties for sale in Manistee, MI, showcased through 13 active listings on our real estate platform. These investment opportunities span a total of 26,412 square feet of properties for sale, with an estimated market value of $3,866,000.

    Sale prices for residential income properties in Manistee, MI start at $149,000, averaging $322,166, 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 12
    Duplexes 8
    Single family properties 2
    Quadplexes 1
    Short term rental properties 1

    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 $373K

    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

    Retail

    Residential Income

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