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    Manistique, MI
    Residential Income

    Manistique, MI Residential Income Properties for Sale

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    Gulliver, MI Thompson, MI Cooks, MI Garden, MI Rapid River, MI Germfask, MI Nahma, MI Gould City, MI
    Duplex with Covered Porch
    Updated: Jul 23
    Duplex with Covered Porch

    219 Walnut Street, Manistique, MI 49854

    $129,900
    2,503 sqft 0.14 AC lot
    Duplex configuration offering flexibility for rental income or owner‑occupancy
    4 bedrooms and 2 baths in a 2,503 SF home
    0.14‑acre lot with a covered front porch, paved driveway, and storage shed
    Natural gas forced‑air heat with a new furnace noted
    First‑floor laundry plus listed cable/internet availability
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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 9 Potential Opportunities for your consideration. Besides 1 Active listings in Manistique, 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.

    Storefront with Large Street Windows
    Storefront with Large Street Windows

    813 Delta Avenue, Gladstone, MI 49837

    $110,000
    1,480 sqft 0.09 AC lot

    Storefront retail space with large windows and an upstairs one-bedroom apartment, each with separate utilities and year-round alley access.

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    Waterfront Resort with Rental Cabins
    Waterfront Resort with Rental Cabins

    17461 W Norton Rd., Gould City, MI 49838

    $1,425,000
    3.75 AC lot

    Fully operational resort on South Manistique Lake featuring 11 rental cabins plus an on-site owners residence.

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    Waterfront Resort With Rental Cabins
    Waterfront Resort With Rental Cabins

    17461 W NORTON RD., Gould City, MI 49838

    $1,425,000

    Weekly rental cabin property with an on-site owners residence and established booking system.

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    Fully Rented Triplex
    Fully Rented Triplex

    603 Minnesota, Gladstone, MI 49837

    $205,000

    Triplex offering hot-water service and current occupancy across its residential units.

    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.

    Residential Land Near Lake Michigan
    Residential Land Near Lake Michigan

    1.43 Acres Bolitho Drive, Manistique, MI 49854

    $55,000
    1.43 AC lot

    Bluff parcel for dream home with Lake Michigan views.

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    Gulliver Lake Waterfront Land Parcel
    Gulliver Lake Waterfront Land Parcel

    W N Gulliver Lake Road, Gulliver, MI 49840

    $110,000
    4.51 AC lot

    Large 4.5+ acre parcel on Gulliver Lake's north shore.

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    Waterfront Land in Manistique, MI
    Waterfront Land in Manistique, MI

    W Smith Lake Drive, Manistique, MI 49854

    $75,000
    1.60 AC lot

    1.6 acre waterfront parcel with 100 feet of frontage.

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    Lake Michigan Waterfront Land Parcel
    Lake Michigan Waterfront Land Parcel

    Parcel E 403' on Top O' Lake Road, Gulliver, MI 49840

    $725,000
    43.63 AC lot

    Wooded Lake Michigan waterfront parcel with private gated shoreline access and an elevated building site overlooking the dunes.

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    Manistique, MI Residential Income Properties Market Trends and Statistics

    Explore 1 residential income properties for sale in Manistique, MI on our real estate platform. These investment opportunities span a total of 2,503 square feet of properties for sale, with an estimated market value of $129,900.

    Sale prices for residential income properties in Manistique, MI average $129,900 — 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

    Duplexes 1
    Multifamily properties 1

    Demographics Overview

    Population 6,148
    Population Growth (5Y) -0.7%
    Median Household Income $57,212
    College Educated 27.9%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    49854 $80K

    Taxes & Financing

    Tax Rate (average for all types) 4.41%
    Property Tax per SF $81.50 per SF
    Tax Rate vs County Average 0.84 pp above county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Schoolcraft County

    New Delisted

    Total CRE Inventory on Market (SF)

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