Residential Income

Tawas City, MI Residential Income Properties for Sale

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East Tawas, MI Cassopolis, MI National City, MI Turner, MI Sand Lake, MI Au Gres, MI Au Sable, MI Whittemore, MI
Condominium Multifamily Building
Updated: Apr 11
Condominium Multifamily Building

100 4th Ave, Tawas City, MI 48763

Contact for pricing
17‑unit condominium property built in 1977 in Tawas City, MI
Unit mix includes (13) 2 bed/1 bath units and (4) 1 bed/1 bath units
Each unit has its own water heater and furnace; tenants pay gas & electricity
100% occupancy reported with a waiting list
Property is within walking distance to Tawas Bay
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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 10 Potential Opportunities for your consideration. Besides 1 Active listings in Tawas City, 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.

Retail Restaurant Building with RV Parking
Retail Restaurant Building with RV Parking

3511 N US-23, Oscoda, MI 48750

$229,000
3,714 sqft 1.04 AC lot

Includes 181 ft of US-23 frontage and large windows, plus a remodeled 2BR/1BA single-family home.

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Inn with Bar and Studio Apartments
Inn with Bar and Studio Apartments

Whittemore, MI 48770

$179,900

Seven year-round studio apartments plus a fully equipped bar/restaurant, currently not operational, with solid infrastructure upgrades.

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Senior Condominium Multifamily Community
Senior Condominium Multifamily Community

5951 N Skeel Ave, Oscoda, MI 48750

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A 20-unit condominium property with fitness and common-area amenities, featuring unfinished units alongside rent-ready homes.

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Historic Apartment Building with Seven Studios
Historic Apartment Building with Seven Studios

316 S Bullock Street, Whittemore, MI 48770

$174,900

Historic building with seven year-round occupied studio apartments, updated septic, and dry basement.

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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.

Tawas City Land Development Opportunity
Tawas City Land Development Opportunity

Ninth Avenue lot: 1-7+, Tawas City, MI 48763

$110,000
3.58 AC lot

Large 3.5+ acre parcel in Redevelopment Ready Tawas City.

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East Tawas Buildable Land
East Tawas Buildable Land

741 Manning Lane, East Tawas, MI 48730

$50,000
1.16 AC lot

Over 1 acre buildable site in East Tawas.

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East Tawas Vacant Land
East Tawas Vacant Land

E Lincoln Street, East Tawas, MI 48763

Contact for pricing
1.46 AC lot

1.5 acre residential lot near downtown, beaches, and bike path.

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Wintergreen Vacant Land Parcel
Wintergreen Vacant Land Parcel

Wintergreen Street, East Tawas, MI 48730

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0.64 AC lot

Over half acre lot ready for your future plans.

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Off-Market Properties in Tawas City, MI

Consider similar Off-Market properties in Tawas City, 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.

850 Michigan 55
Land

850 Michigan 55, Tawas City, MI 48763

Value Estimation by Request
37.00 AC lot
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Tawas City, MI Residential Income Properties Market Trends and Statistics

Explore 2 residential income properties for sale in Tawas City, MI on our real estate platform.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Apartment buildings 1
Multifamily properties 1

Demographics Overview

Population 4,837
Population Growth (5Y) -3.6%
Median Household Income $58,160
College Educated 15.2%

Taxes & Financing

Tax Rate (average for all types) 3.55%
Property Tax per SF $85.42 per SF
Average Loan-to-Value 65.0%

Total CRE Inventory on Market (SF)

Average Property Price per SF

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

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