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    Petoskey, MI
    Residential Income

    Petoskey, MI Residential Income Properties for Sale

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    Harbor Springs, MI Alanson, MI Boyne City, MI Boyne Falls, MI Charlevoix, MI East Jordan, MI Brutus, MI Wolverine, MI
    6 properties
    Mixed-Use Property with Rental Units
    Updated: Jul 2
    Mixed-Use Property with Rental Units

    525 W Mitchell Street, Petoskey, MI 49770

    $1,870,000
    10,580 sqft
    Approximately 10,580 sq ft of rental opportunity
    16 micro rental units, each with a bath
    House includes a backyard, 2B, 2B, and 1 garage
    Two larger commercial spaces for office or retail use
    Across from a regional hospital and walkable to downtown restaurants and the waterfront
    View details
    Three-Unit Mixed-Use Property
    Updated: Jul 2
    Three-Unit Mixed-Use Property

    602 Jackson Street, Petoskey, MI 49770

    $564,900
    2,329 sqft
    2,329‑square‑foot mixed‑use property with 3 units
    Professional office space has a long‑term lease in place
    Two 1‑bedroom, 1‑bath apartments, including one owner‑occupied unit
    Upper apartment offers bay views from the living room, kitchen, and deck
    Detached 1‑stall garage included
    View details
    Duplex with Remodeled Upper Unit
    Duplex with Remodeled Upper Unit

    513 Liberty St, Petoskey, MI 49770

    $340,000
    1,816 sqft

    Two-unit property with a three-bedroom main-level apartment, remodeled upper residence, garage, and off-street parking.

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    See hot listings in Petoskey

    Scored against comparables nationwide. These are worth a look.

    Scored against comparables nationwide. These are worth a look.

    Cap Rate available after sign in
    Est. NOI available after sign in
    Local Demand available after sign in
    Mixed-Use Property with Apartments
    Mixed-Use Property with Apartments

    602 Jackson Street, Petoskey, MI 49770

    $564,900
    2,329 sqft

    A professional office and two updated one-bedroom apartments form a three-unit commercial property.

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

    513 Liberty St, Petoskey, MI 49770

    $340,000
    1,816 sqft

    Separate apartments include a spacious main-level residence and an updated upper unit.

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    Mixed-Use Building with Rental Micro-Units
    Mixed-Use Building with Rental Micro-Units

    525 W Mitchell St, Petoskey, MI 49770

    Contact for pricing
    22,405 sqft

    Commercially zoned building across from a regional hospital with micro rental units and office/retail space.

    View details
    Realmo Analytics Monitor Off-market properties and contact owners who are ready to sell. Many signals applied to make quality leads for you. Get Leads
    Based on your search, we've compiled 15 Potential Opportunities for your consideration. Besides 6 Active listings in Petoskey, 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.

    Restored Mixed-Use Building
    Restored Mixed-Use Building

    211 Bridge, Charlevoix, MI 49720

    $3,795,000
    10,500 sqft

    Commercially zoned property combines street-level retail with short-term rental apartments.

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    Two-Story Mixed-Use Property
    Two-Story Mixed-Use Property

    327 State Street, Harbor Springs, MI 49740

    $1,999,000
    3,000 sqft

    B1 zoning accompanies commercial space and leased apartments in downtown Harbor Springs.

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    Approved Condominium Development Opportunity
    Approved Condominium Development Opportunity

    788 Fairways Dr, Harbor Springs, MI 49740

    $1,300,000
    2,500 sqft

    Approved 20-unit luxury condominium development opportunity at Birchwood Golf & Country Club.

    View details
    Historic Mixed-Use Building with Retail
    Historic Mixed-Use Building with Retail

    211 Bridge Street, Charlevoix, MI 49720

    Contact for pricing
    10,500 sqft

    Restored 1915 building offering street-level retail and multiple renovated apartment units, including short-term rentals and rooftop amenities.

    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.

    Commercial Land with Bay Views
    Commercial Land with Bay Views

    4367 Charlevoix Ave, Petoskey, MI 49770

    $369,000

    Bluff-top development site with utility access and broad views across Little Traverse Bay and toward Beaver Island.

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    Lakefront Development Land Opportunity
    Lakefront Development Land Opportunity

    4281 Pickeral Lake Road, Petoskey, MI 49770

    $568,000
    55.42 AC lot

    Combined 55-acre site with extensive lake-road frontage, suited to residential and farm/forest zoning considerations.

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    Wooded Building Site Near Skiing
    Wooded Building Site Near Skiing

    Wintergreen, Harbor Springs, MI 49770

    $48,000
    0.92 AC lot

    Corner lot near skiing, pool, and Harbor Springs amenities.

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    Buildable Corner Land Parcel
    Buildable Corner Land Parcel

    Eppler and Intertown Roads, Petoskey, MI 49770

    $145,000
    2.55 AC lot

    Mostly level, 2.55-acre corner parcel with road frontage on two sides for flexible residential build plans.

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    Off-Market Properties in Petoskey, MI

    Consider similar Off-Market properties in Petoskey, 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.

    4281 Pickeral Lk Rd
    Mixed-use properties

    4281 Pickeral Lk Rd, Petoskey, MI 49770

    Estimated value: by Request
    55.42 AC lot
    View details

    Petoskey, MI Residential Income Properties Market Trends and Statistics

    Explore 7 residential income properties for sale in Petoskey, MI, showcased through 6 active listings on our real estate platform. These investment opportunities span a total of 41,275 square feet of properties for sale, with an estimated market value of $3,679,800.

    Sale prices for residential investment properties in Petoskey, MI start at $340,000, averaging $735,960, and reaching up to $1,870,000 — 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 5
    Duplexes 2
    Apartment buildings 1

    Demographics Overview

    Population 18K
    Population Growth (5Y) +4.9%
    Median Household Income $80,431
    College Educated 68.9%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    49770 $705.8K

    Taxes & Financing

    Tax Rate (average for all types) 2.30%
    Property Tax per SF $9.63 per SF
    Tax Rate vs County Average 1.82 pp below county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Emmet County

    New Delisted

    Total CRE Inventory on Market (SF)

    How Realmo verifies these figures

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    Popular Searches in Petoskey, MI

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    Most Searched ZIP Codes in Petoskey, MI

    • 49770

    Featured Petoskey Real Estate Agencies

    Realmo connects you with licensed Petoskey CRE brokers providing property specifications, local market pricing, and commercial transaction underwriting support.

    Petoskey Real Estate Group
    2206 Mitchell Park Drive, Unit 10 Petoskey, MI 49770
    Phone: (231) 409-9119
    petoskeyregroup.com/
    Van Treese Management LLC
    525 W Mitchell Petoskey, MI
    Phone: (231) 373-7921
    @ Properties Christie's Int'l Petoskey
    416 E Mitchell St Suite #1 Petoskey, MI
    Phone: (248) 850-8632
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