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    Saranac, MI
    Residential Income

    Saranac, MI Residential Income Properties for Sale

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    Approved Triplex Development Property
    Updated: Aug 5
    Approved Triplex Development Property

    146 Church Street, Saranac, MI 48881

    $95,000
    0.17 AC lot
    Approved variance for a 3 unit building
    Six rear parking spots with paved surfacing
    0.17‑acre property in Saranac, MI
    Blank‑slate interior with blueprint drawings available
    Seven bedrooms, four bathrooms, and a basement
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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 Saranac, 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.

    Waterfront Duplex with Private Dock
    Waterfront Duplex with Private Dock

    10420 52nd St SE, Lowell, MI 49331

    $824,900
    3,710 sqft 4.71 AC lot

    Two residences offer separate entrances, kitchens, laundry facilities, mechanical systems, and utility meters.

    View details
    Waterfront Duplex on Wooded Acreage
    Waterfront Duplex on Wooded Acreage

    10420 52nd Street SE, Lowell, MI 49331

    $824,900
    4.71 AC lot

    Two-level duplex with separate entrances, kitchens, laundry facilities, and private dock access on Morse Lake.

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    12-Unit Apartment Building Under Construction
    12-Unit Apartment Building Under Construction

    533 E Washington St, Ionia, MI 48846

    $650,000
    4,300 sqft

    Partially developed multifamily project with approved unit count and PUD-3 zoning in Ionia.

    View details
    Updated Triplex with Vinyl Siding
    Updated Triplex with Vinyl Siding

    145 Lafayette Street, Ionia, MI 48846

    $234,900
    0.14 AC lot

    Three refreshed units support residential income use with flexibility for an owner occupant.

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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 Pole Building, Ionia
    Land with Pole Building, Ionia

    2180 Harwood Road, Ionia, MI 48846

    $199,900
    2.60 AC lot

    2.6 acres with a well-built pole building in Ionia.

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    Multifamily Zoned Land Opportunity
    Multifamily Zoned Land Opportunity

    407 Forest Street, Ionia, MI 48846

    Contact for pricing
    13,939 sqft 0.32 AC lot

    Desirable .32 acre lot zoned for multifamily development.

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    Ionia Land for Multifamily Development
    Ionia Land for Multifamily Development

    407 Forest Street, Ionia, MI 48846

    Contact for pricing
    0.45 AC lot

    Land zoned for multi-family development in desirable Ionia neighborhood.

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    Multi-Family Zoned Land Opportunity
    Multi-Family Zoned Land Opportunity

    407 Forest Street, Ionia, MI 48846

    Contact for pricing
    0.32 AC lot

    0.32 acre lot zoned for multi-family development.

    View details

    Saranac, MI Residential Income Properties Market Trends and Statistics

    Explore 1 residential income properties for sale in Saranac, MI on our real estate platform.

    Sale prices for residential income properties in Saranac, MI average $95,000 — 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 1
    Triplexes 1

    Demographics Overview

    Population 5,358
    Population Growth (5Y) -8.8%
    Median Household Income $76,915
    College Educated 32.5%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    48881 $95K

    Taxes & Financing

    Tax Rate (average for all types) 4.54%
    Property Tax per SF $72.03 per SF
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Ionia County

    New Delisted

    Total CRE Inventory on Market (SF)

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