Residential Income

Somerset Center, MI Residential Income Properties for Sale

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Mobile Home & RV Park Community
Updated: Apr 11
Mobile Home & RV Park Community

12851 E Chicago Rd, Somerset Center, MI 49282

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Somerset Estates mobile home community in Somerset Center, MI with 300 total sites
Includes 203 vacant lots and occupancy of about 33%
56 tenant‑owned homes with average lot rent of $381/month
31 park‑owned homes with average home rent of $435/month
10 condo units with annual HOA fees of $1,500
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Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 1 Active listings in Somerset Center, 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.

Addison Mill Pond Development Opportunity
Addison Mill Pond Development Opportunity

427 N STEER St, Addison, MI 49220

$600,000
12,235 sqft 7.20 AC lot

7.20 acre property with existing hospital and additional leased building.

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Multifamily Investment Opportunity in Hanover
Multifamily Investment Opportunity in Hanover

315 S Jackson St 315, Hanover, MI 49241

$1,500,000
13.00 AC lot

12-unit multifamily property on 13 acres in Hanover, MI.

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Multifamily Portfolio with Duplexes
Multifamily Portfolio with Duplexes

315 S Jackson Street, Hanover, MI 49241

$1,500,000
13.00 AC lot

Twelve leased income units on five duplex buildings and two single-family homes on approximately 13 acres in Hanover, MI.

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Addison Mill Pond Development Opportunity
Addison Mill Pond Development Opportunity

427 N STEER, Addison, MI 49220

$600,000
12,235 sqft 7.20 AC lot

7.20 acre property with hospital and development potential.

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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 Near Lake Leann
Residential Land Near Lake Leann

9951 Southlawn Circle, Jerome, MI 49249

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0.34 AC lot

Vacant land near golf course with lake access.

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Residential Land Near Lake Leann
Residential Land Near Lake Leann

10140 Fairway Drive, Jerome, MI 49249

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0.21 AC lot

Buildable lot near Lake Leann and golf course.

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Lake-Access Residential Lot
Lake-Access Residential Lot

11800 Galway Drive, Jerome, MI 49249

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0.17 AC lot

Small residential lot with access to Lake LeAnn private lakes through association boat launches and recreation areas.

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Lakefront Residential Building Lot
Lakefront Residential Building Lot

Cement City, MI 49233

$124,900
0.32 AC lot

Cleared, surveyed lakefront lot on Somerset Lake with soil evaluation and potential for a walkout basement.

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Somerset Center, MI Residential Income Properties Market Trends and Statistics

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

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Mobile home & RV parks 1
Multifamily properties 1

Demographics Overview

Population 82
Population Growth (5Y) -68.2%
Median Household Income $43,864

Taxes & Financing

Tax Rate (average for all types) 2.68%
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Hillsdale County

New Delisted

Total CRE Inventory on Market (SF)

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