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    Sault Sainte Marie, MI
    Residential Income

    Sault Sainte Marie, MI Residential Income Properties for Sale

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    Brimley, MI Rudyard, MI Kinross, MI
    8 properties
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    Mixed-Use Building with Retail & Residence
    Updated: Jun 26
    Mixed-Use Building with Retail & Residence

    Sault Sainte Marie, MI 49783

    $270,000
    2,710 sqft
    Mixed‑use property with modern ground‑level retail space and a completed second‑level living space
    Ground‑level features Ashmun Street window frontage, wide and deep floor plan, and fresh paint
    Ground‑level includes a kitchenette, full bath with tile flooring, and additional storage
    Second level is a 2‑bedroom, 1‑bath short‑term rental designed for ongoing demand
    Second‑level living space is described as in mint condition
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    Mixed-Use Salon and Apartments
    Updated: Mar 12
    Mixed-Use Salon and Apartments

    Sault Sainte Marie, MI 49783

    $510,000
    4,942 sqft
    Mixed‑use commercial building with a 2,375 SF main floor salon
    Salon setup includes 8 chairs and 9 stylists, plus massage therapy and reception areas
    Two apartments upstairs, including a modern two‑bedroom, one‑bath unit with exposed brick and granite countertops
    Modern downtown‑style apartment features soaring ceilings
    Salon is located on Ashmun Street near the Soo Theatre and across from the Small Mall
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    Renovated Roadside Motel
    Renovated Roadside Motel

    Sault Sainte Marie, MI 49783

    $1,250,000
    9,959 sqft

    Renovated 1950s motel in Sault Ste. Marie operating as a boutique vacation rental business under B3 zoning.

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    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    Multi-Unit Residential Income Property
    Multi-Unit Residential Income Property

    Sault Sainte Marie, MI 49783

    $405,000
    0.32 AC lot

    Income-producing multi-unit residential property offered for sale with financial information available to qualified buyers.

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    Multifamily with Storefront Lower Level
    Multifamily with Storefront Lower Level

    Sault Sainte Marie, MI 49783

    $449,000
    0.33 AC lot

    Two multifamily buildings with adaptable lower-level space, including storefront windows and handicap accessibility.

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    21-Unit Hospitality Property
    21-Unit Hospitality Property

    Sault Sainte Marie, MI 49783

    $450,000
    6,450 sqft

    For sale 21-unit hospitality property with a newly installed flat roof and renovations underway under B-3 zoning.

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    Duplex with Attached Garage
    Duplex with Attached Garage

    Sault Sainte Marie, MI 49783

    $97,500
    1,720 sqft · 0.14 AC lot

    Duplex offers updated features and generous living space in a layout suited to long-term or student renters.

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    Waterfront RV Park and Marina Land
    Waterfront RV Park and Marina Land

    Sault Sainte Marie, MI 49783

    $550,000
    68 sqft

    A shoreline parcel with a dredged marina channel and established campsites and mobile home sites for seasonal hosting.

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    Based on your search, we've compiled 16 Potential Opportunities for your consideration. Besides 8 Active listings in Sault Sainte Marie, 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.

    Restored Mixed-Use Building with Rooftop
    Restored Mixed-Use Building with Rooftop

    211 Bridge, Charlevoix, MI 49720

    $3,995,000
    10,500 sqft

    Restored 1915 building combines street-level retail with renovated apartments and a rooftop gathering area.

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    Remodeled Duplex in Prime Location
    Remodeled Duplex in Prime Location

    415 Liberty Street, Petoskey, MI 49770

    $559,900
    2,318 sqft

    Updated duplex near Gaslight district, shopping, and recreation.

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    Petoskey Multifamily Investment Opportunity
    Petoskey Multifamily Investment Opportunity

    524 State St, Petoskey, MI 49770

    $850,000

    Well-maintained 6-unit multifamily property near downtown Petoskey.

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    Historic Mixed-Use Building with Retail
    Historic Mixed-Use Building with Retail

    211 Bridge Street, Charlevoix, MI 49720

    $3,995,000
    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.

    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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    Waterfront Residential Lot
    Waterfront Residential Lot

    4680 S PINESHORE Row, Brimley, MI 49715

    $350,000
    2.14 AC lot

    Build on a waterfront parcel with a quiet Lake Superior shoreline and a secluded approach through mature forest.

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    Wooded Hunting and Recreation Land
    Wooded Hunting and Recreation Land

    S Bound Rd, Rudyard, MI 49780

    $75,000
    50.00 AC lot

    50-acre wooded parcel with trails and clearings, bordered by state land for secluded year-round outdoor use.

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    Waterfront Development Land Parcel
    Waterfront Development Land Parcel

    Saint Ignace, MI 49781

    $2,200,000
    51.33 AC lot

    51+ acre waterfront parcel with extensive Lake Huron shoreline and road frontage, offering multiple access points.

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

    Explore 8 residential income properties for sale in Sault Sainte Marie, MI, showcased through 8 active listings on our real estate platform. These investment opportunities span a total of 25,849 square feet of properties for sale, with an estimated market value of $3,127,500.

    Sale prices for residential income properties in Sault Sainte Marie, MI start at $97,500, averaging $521,250, 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 7
    Apartment buildings 2
    Duplexes 2
    Short term rental properties 2
    Mobile home & RV parks 1

    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 $497.7K

    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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