Residential Income

Sault Sainte Marie, MI Residential Income Properties for Sale

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Duplex with Heated Garages
Updated: Sep 28
Duplex with Heated Garages

Sault Sainte Marie, MI 49783

$425,000
2,520 sqft 0.28 AC lot
2022 construction with 2,520 square feet across two matching units
Each unit has 3 bedrooms and 1 full bathroom
Two attached heated 1‑car garages
Separate forced‑air heating, central air, and in‑unit laundry in each unit
ADA‑compliant doors throughout
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Mixed-Use Building with Apartments
Updated: Feb 19
Mixed-Use Building with Apartments

Sault Sainte Marie, MI 49783

$510,000
4,942 sqft 0.10 AC lot
4,942 SF mixed‑use building on a 0.0953‑acre lot
2,375 SF main‑floor salon with 8 chairs and reception area
Two upstairs apartments, including a 2‑bedroom, 1‑bath unit
Second apartment has a long‑term month‑to‑month tenant
Basement storage and commercial kitchen area
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Tourist-Zoned Duplex with Storefront
Tourist-Zoned Duplex with Storefront

Sault Sainte Marie, MI 49783

$199,000
2,580 sqft 0.19 AC lot

Two-level property combines an upper apartment with a storefront-style lower space and on-site parking.

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Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
Three-Unit Multifamily Property
Three-Unit Multifamily Property

Sault Sainte Marie, MI 49783

$95,000
2,520 sqft

Vacant residential building with three apartments and off-street parking.

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13-Unit Motel with Residence
13-Unit Motel with Residence

Sault Sainte Marie, MI 49783

$350,000
5,293 sqft

B-3-zoned hospitality property includes kitchen, storage, and attached living quarters.

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Motel with Swimming Pool
Motel with Swimming Pool

Sault Sainte Marie, MI 49783

$1,250,000
9,959 sqft

Furnished guest accommodations, laundry, and living quarters accompany its vacation-rental operation.

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Multi-Unit Apartment Property
Multi-Unit Apartment Property

Sault Sainte Marie, MI 49783

$397,500
0.32 AC lot

Six-bedroom property with five bathrooms, a basement, and public water and sewer service.

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Triplex
Triplex

Sault Sainte Marie, MI 49783

$95,000
2,520 sqft 0.09 AC lot

Vacant units and R-2 zoning provide a clear starting point for a residential rental property.

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Duplex With Attached Garage
Duplex With Attached Garage

Sault Sainte Marie, MI 49783

$79,900
1,720 sqft 0.14 AC lot

Two-unit property with basement space, public utilities, and proximity to shopping, restaurants, and local amenities.

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Mixed-Use Property with Retail Frontage
Mixed-Use Property with Retail Frontage

Sault Sainte Marie, MI 49783

$270,000
2,710 sqft 0.07 AC lot

Ground-level retail space pairs with an upstairs two-bedroom short-term rental.

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Historic Mixed-Use Building
Historic Mixed-Use Building

Sault Sainte Marie, MI 49783

$399,000
0.07 AC lot

Three rental units are positioned above three street-facing storefronts in a downtown district setting.

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Based on your search, we've compiled 16 Potential Opportunities for your consideration. Besides 11 Active listings in Sault Sainte Marie, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 1 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.

Renovated Triplex with Vacant Unit
Renovated Triplex with Vacant Unit

321 Dresser Street, Cheboygan, MI 49721

$209,900

Three apartments include two one-bedroom units and one two-bedroom unit.

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6-Unit Apartment Building
6-Unit Apartment Building

123 N BAILEY STREET, Cheboygan, MI 49721

$379,000

Attached garage, storage, basement space, and paved rear parking support the property’s residential configuration.

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Land, Moran, MI
Land, Moran, MI

3232 W Kenneth Rd, Moran, MI 49760

$115,000
16.78 AC lot

Hunting land · 16.78 Acres

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MORAN, MI
MORAN, MI

3232 W KENNETH RD, Moran, MI 49760

$115,000

Hunting land

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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.

Residential Land in Quiet Neighborhood
Residential Land in Quiet Neighborhood

Peck Street, Sault Sainte Marie, MI 49783

Contact for pricing
0.22 AC lot

Buildable lot near Lake Superior State University and Soo Locks.

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Sault Sainte Marie, MI Residential Income Properties Market Trends and Statistics

Explore 11 residential income properties for sale in Sault Sainte Marie, MI, showcased through 11 active listings on our real estate platform. These investment opportunities span a total of 34,764 square feet of properties for sale, with an estimated market value of $4,070,400.

Sale prices for residential income properties in Sault Sainte Marie, MI start at $79,900, averaging $370,036, and reaching up to $1,250,000 — 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 11
Duplexes 4
Triplexes 3
Apartment buildings 2
Short term rental properties 2

Demographics Overview

Population 24K
Population Growth (5Y) -18.3%
Median Household Income $58,587
College Educated 10.4%

High-Yield Neighborhoods for Investment

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

Neighborhood Average Price
49783 $1.1M

Taxes & Financing

Tax Rate (average for all types) 3.35%
Tax Rate vs County Average 0.06 pp above county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Chippewa County

New Delisted

Total CRE Inventory on Market (SF)

Average Property Price per SF

For-sale pricing trends across core commercial property types in Chippewa County

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Residential Income

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