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    Wolverine, MI
    Residential Income

    Wolverine, MI Residential Income Properties for Sale

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    Wolverine Lake, MI Indian River, MI Vanderbilt, MI Boyne Falls, MI Afton, MI Alanson, MI Petoskey, MI Elmira, MI
    Renovated Duplex with Separate Utilities
    Updated: Aug 11
    Renovated Duplex with Separate Utilities

    Wolverine, MI 49799

    $289,900
    1,600 sqft
    Two rental apartments totaling 1,600 square feet
    Rebuilt interiors include updated wiring, plumbing, insulation, drywall, flooring, and bathroom fixtures
    Separate utilities and updated heating systems for each apartment
    Included appliances: washers, dryers, refrigerators, range hoods, and electric ranges
    Adjacent to the trail system and one block from the Sturgeon River
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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 9 Potential Opportunities for your consideration. Besides 1 Active listings in Wolverine, 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.

    Remodeled Residential Income Cabin
    Remodeled Residential Income Cabin

    4179 S Straits Highway, Indian River, MI 49749

    $210,000
    446 sqft 1.17 AC lot

    Furnished log cabin with river access, recreational amenities, and a compact, ready-to-use layout.

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    Remodeled Riverfront Resort Cabin
    Remodeled Riverfront Resort Cabin

    4179 S Straits Highway, Indian River, MI 49749

    $215,000
    399 sqft 1.17 AC lot

    Furnished cabin within a newly formed association, with recreational water access and year-round heating and cooling.

    View details
    Gaylord Duplexes: Income Opportunity
    Gaylord Duplexes: Income Opportunity

    126 & 128 E Mill Street, Gaylord, MI 49735

    $725,000
    3,440 sqft 0.41 AC lot

    Two duplexes built in 2023, great for rental income.

    View details
    Recently Renovated Multifamily Property
    Recently Renovated Multifamily Property

    310 N Otsego Ave, Gaylord, MI 49735

    $250,000
    1,939 sqft

    Three rented units feature two two-bedroom apartments and one one-bedroom unit, all recently renovated.

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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.

    Land Near Wolverine Lake
    Land Near Wolverine Lake

    15217 Lakeview Drive, Wolverine Lake, MI 49799

    Contact for pricing
    0.45 AC lot

    Vacant land parcel near Wolverine Lake, Michigan.

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    Land Near Recreation and I-75
    Land Near Recreation and I-75

    15390 Wurm Road Drive, Wolverine, MI 49799

    Contact for pricing
    0.46 AC lot

    Residential land near recreation, I-75, and trails in Wolverine, MI.

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    Residential Land Near Golf Course
    Residential Land Near Golf Course

    Bear Paws Trail, Vanderbilt, MI 49795

    Contact for pricing

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

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    Wooded Lot Near Forest Lake
    Wooded Lot Near Forest Lake

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

    Contact for pricing
    1.23 AC lot

    Over one acre wooded lot with lake access near town.

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    Wolverine, MI Residential Income Properties Market Trends and Statistics

    Explore 1 residential income properties for sale in Wolverine, MI on our real estate platform. These investment opportunities span a total of 1,600 square feet of properties for sale, with an estimated market value of $289,900.

    Sale prices for residential income properties in Wolverine, MI average $289,900 — 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

    Duplexes 1
    Multifamily properties 1
    Single family properties 1

    Demographics Overview

    Population 2,238
    Population Growth (5Y) +4.3%
    Median Household Income $51,029
    College Educated 19.6%

    Taxes & Financing

    Tax Rate (average for all types) 3.15%
    Tax Rate vs County Average 0.05 pp below county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Cheboygan County

    New Delisted

    Total CRE Inventory on Market (SF)

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