Wolverine, MI
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    Wolverine, MI Residential Income Properties for Sale

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    Wolverine Lake, MI Vanderbilt, MI Indian River, MI
    Updated Commercial Building in Wolverine
    $574,000
    0.60 Acres
    Updated Commercial Building in Wolverine

    12909 S Straits Highway, Wolverine, MI 49799

    Five-unit commercial building in downtown Wolverine with excellent rental income.
    • Five‑unit commercial building with four street‑level units and a 1‑bedroom apartment above
    • Fully occupied property generating $5,000 in monthly income, with established rental history
    • Well water service plus shared septic and a septic tank
    • Parking lot for on‑site parking
    • Property features professional landscaping and a rear‑side aggregate patio
    Updated: Jul 1, 2025
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    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.

    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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    Acreage Parcel with Existing Well and Septic
    $39,900
    2.39 Acres
    Acreage Parcel with Existing Well and Septic

    2.39-acre parcel with an uninhabitable farmhouse plus existing well and septic for a future home or retreat.

    7860 PICKEREL LAKE, Petoskey, MI 49770

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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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    Petoskey Multifamily Investment Opportunity
    $850,000
    Petoskey Multifamily Investment Opportunity

    Well-maintained 6-unit multifamily property near downtown Petoskey.

    524 State St, Petoskey, MI 49770

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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
    Contact for pricing
    0.45 Acres
    Land Near Wolverine Lake

    Vacant land parcel near Wolverine Lake, Michigan.

    15217 Lakeview Drive, Wolverine Lake, MI 49799

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    Land Near Recreation and I-75
    Contact for pricing
    0.46 Acres
    Land Near Recreation and I-75

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

    15390 Wurm Road Drive, Wolverine, MI 49799

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    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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    70 Acres Prime Michigan Land
    $825,000
    70.30 Acres
    70 Acres Prime Michigan Land

    Undeveloped 70-acre land parcel suited for residential development or private estate.

    8688 Miller Rd, Alanson, MI 49706

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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 0 square feet of properties for sale, with an estimated market value of $574,000.

    Sale prices for residential income properties in Wolverine, MI start at $574,000, averaging $574,000, and reaching up to $574,000 — 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

    Single family 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 $574K

    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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