Vanderbilt, MI
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    Vanderbilt, MI Residential Income Properties for Sale

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    Gaylord, MI Elmira, MI Wolverine, MI
    Furnished Triplex with Storage Outbuildings
    $185,900
    Furnished Triplex with Storage Outbuildings

    351 W Main St, Vanderbilt, MI 49795

    Three-unit triplex with recent exterior and interior upgrades, plus new septic and onsite storage suited for mid-term furnished rentals.
    • Three‑unit triplex built in 1986 in Vanderbilt, just minutes from Gaylord and nearby hospital access.
    • Recent updates reported: newer roof, rebuilt exterior wall section, updated flooring, refinished walls, and recessed lighting.
    • Roof/ice dam related work includes insulated roof work and added two solar vents.
    • On‑site utilities and services: well water and a brand‑new septic system.
    • Includes multiple storage buildings, plus a 12x10 outbuilding with loft.
    Updated: Jun 1
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    Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 1 Active listings in Vanderbilt, 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.

    Industrial-Commercial Development Parcel
    $995,000
    2,005 SF
    Industrial-Commercial Development Parcel

    Industrial-commercial parcel with sewer access and significant road frontage for a variety of commercial or industrial uses.

    1314/1316 Boyne Avenue, Boyne City, MI 49712

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    Gaylord Duplexes: Income Opportunity
    $725,000
    3,440 SF
    Gaylord Duplexes: Income Opportunity

    Two duplexes built in 2023, great for rental income.

    126 & 128 E Mill Street, Gaylord, MI 49735

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    Commercial Development Land with Road Frontage
    $995,000
    2,500 SF
    Commercial Development Land with Road Frontage

    Nearly two acres on M-75 with city sewer access and multiple existing income-producing improvements.

    1314/1316 M-75, Boyne City, MI 49712

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    Downtown Gaylord Mixed-Use Building
    $325,000
    4,822 SF
    Downtown Gaylord Mixed-Use Building

    Commercial building with mixed-use potential and ample parking.

    144 W Main Street, Gaylord, MI 49735

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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 Golf Course
    Contact for pricing
    Residential Land Near Golf Course

    Land with golf course views, suitable for residential or investment.

    Bear Paws Trail, Vanderbilt, MI 49795

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    Wooded Lot Near Forest Lake
    Contact for pricing
    1.23 Acres
    Wooded Lot Near Forest Lake

    Over one acre wooded lot with lake access near town.

    V/L 1.23AC Hlywa Drive, Gaylord, MI 49735

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    Land on Little Porcupine Lake
    $75,000
    Land on Little Porcupine Lake

    Vacant land units on Little Porcupine Lake in Gaylord, MI.

    Lakeview Drive, Gaylord, MI 49735

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    Land on Little Porcupine Lake
    $75,000
    Land on Little Porcupine Lake

    Vacant land units with lake access and wildlife preserve.

    Lakeview Drive, Gaylord, MI 49735

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    Vanderbilt, MI Residential Income Properties Market Trends and Statistics

    Explore 1 residential income properties for sale in Vanderbilt, MI on our real estate platform. These investment opportunities span a total of 0 square feet of properties for sale, with an estimated market value of $185,900.

    Sale prices for residential income properties in Vanderbilt, MI start at $185,900, averaging $185,900, and reaching up to $185,900 — 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 1,918
    Population Growth (5Y) -4.4%
    Median Household Income $57,367
    College Educated 17.6%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    49795 $185.9K

    Taxes & Financing

    Tax Rate (average for all types) 2.96%
    Property Tax per SF $1.39 per SF
    Tax Rate vs County Average 0.69 pp below county avg
    Average Loan-to-Value 65.0%

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