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    Wolverine, MI
    Residential Income

    Wolverine, MI Residential Income Properties for Sale

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    Wolverine Lake, MI Vanderbilt, MI Boyne Falls, MI Indian River, MI Mancelona, MI Alanson, MI Petoskey, MI Afton, MI
    Renovated Two-Unit Duplex
    Updated: Aug 11
    Renovated Two-Unit Duplex

    Wolverine, MI 49799

    $289,900
    1,600 sqft
    Two rental units totaling 1,600 square feet
    Comprehensively updated with new wiring, plumbing, insulation, drywall, flooring, and bathroom fixtures
    Separate utilities for each apartment
    Includes washers, dryers, refrigerators, electric ranges, and range hoods
    Basement, laundry room, two bathrooms, and vinyl flooring
    View details
    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.

    Two-Duplex Rental Property
    Two-Duplex Rental Property

    126 & 128 E Mill Street, Gaylord, MI 49735

    $725,000
    3,440 sqft 0.41 AC lot

    Four-unit configuration with central air, natural gas, and individually metered utilities.

    View details
    Two-Duplex Rental Property
    Two-Duplex Rental Property

    126 & 128 E Mill St, Gaylord, MI 49735

    $725,000
    3,440 sqft

    Built in 2023, the property combines central air, natural gas, and individually metered utilities across its rental units.

    View details
    Remodeled Furnished Short-Term Rental
    Remodeled Furnished Short-Term Rental

    4-4179 S Straits Hwy, Indian River, MI 49749

    $215,000
    399 sqft

    Fully furnished and equipped riverfront lodging property with access to Northern Michigan’s Inland Waterway system.

    View details
    Remodeled Furnished Short-Term Rental Cabin
    Remodeled Furnished Short-Term Rental Cabin

    3-4179 S Straits Hwy, Indian River, MI 49749

    $199,900
    360 sqft

    Cabin association property along the Sturgeon River with furnishings and equipment included.

    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.

    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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    Waterfront Residential Land Parcel
    Waterfront Residential Land Parcel

    6436 Lora Bette Drive, Alanson, MI 49706

    Contact for pricing
    1.03 AC lot

    Open, level residential land with electric on site and a freshwater pond connected to Black Hole and Crooked Lake.

    View details

    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

    Demographics Overview

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

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    49799 $289.9K

    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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