Residential Income

Munising, MI Residential Income Properties for Sale

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Mixed-Use Building with Apartments
Updated: Jul 6
Mixed-Use Building with Apartments

230 W Superior Street, Munising, MI 49862

$225,000
3,200 sqft 0.16 AC lot
3,200‑square‑foot mixed‑use building on a 0.16‑acre corner lot
Vacant street‑level commercial area ready for occupancy
Two upper‑level apartments, each with 2 bedrooms and 1 bath
Basement, storage area, and attached 1‑car garage
Off‑street parking with alley bordering the rear of the site
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Based on your search, we've compiled 10 Potential Opportunities for your consideration. Besides 1 Active listings in Munising, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 1 Off-Market properties to explore as potential leads, 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.

Apartment Building with Multiple Wings
Apartment Building with Multiple Wings

530 Mitchell Street, Gwinn, MI 49841

$450,000
38,997 sqft 19.38 AC lot

Partially remodeled multifamily property with five configured living spaces, covered parking, and additional areas for storage or redevelopment.

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Two-Unit Residential Duplex
Two-Unit Residential Duplex

321 E Michigan Street, Marquette, MI 49855

$347,000
1,777 sqft 0.34 AC lot

The property includes one-bedroom and two-bedroom residences, each with its own bathroom and household appliances.

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Five-Unit Apartment Building
Five-Unit Apartment Building

421 N Front Street, Marquette, MI 49855

$525,000
4,258 sqft 0.17 AC lot

One- and two-bedroom layouts include basement storage, laundry facilities, and five off-street parking spaces.

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Unimproved Land
Unimproved Land

500 Invader, Gwinn, MI 49841

Contact for pricing

Residential land & home lots

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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.

Land with Apple Trees
Land with Apple Trees

E 9858 Negilski Road, Munising, MI 49862

$59,900
1.73 AC lot

1.78 acres with well, septic, and apple trees.

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Anna River Waterfront Land
Anna River Waterfront Land

County Road 577 lot: Anna River Rdp, Munising, MI 49862

$146,475
93.00 AC lot

Conservation easement permits one single-family structure with outbuildings, with buried electric available on-site.

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Au Train City Block Land
Au Train City Block Land

3/4 BLOCK 25 N Oak Street, Au Train, MI 49806

$100,000
2.10 AC lot

Large land parcel in Au Train near Lake Superior.

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Au Train City Block Land
Au Train City Block Land

TBD BLOCK 24 OAK Street, Au Train, MI 49806

$160,000
2.90 AC lot

Large land parcel in Au Train, Michigan, near Lake Superior.

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Off-Market Properties in Munising, MI

Consider similar Off-Market properties in Munising, MI. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

Munising, MI Residential Income Properties Market Trends and Statistics

Explore 2 residential income properties for sale in Munising, MI on our real estate platform. These investment opportunities span a total of 3,200 square feet of properties for sale, with an estimated market value of $225,000.

Sale prices for residential income properties in Munising, MI average $225,000 — 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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Demographics Overview

Population 4,532
Population Growth (5Y) -12.1%
Median Household Income $59,575
College Educated 25.4%

High-Yield Neighborhoods for Investment

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

Neighborhood Average Price
49862 $225K

Taxes & Financing

Tax Rate (average for all types) 1.84%
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Alger County

New Delisted

Total CRE Inventory on Market (SF)

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