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    Renovated Triplex with Vacant Unit
    Updated: Aug 13
    Renovated Triplex with Vacant Unit

    321 Dresser Street, Cheboygan, MI 49721

    $209,900
    Three‑unit property with two 1‑bedroom/1‑bath apartments and one 2‑bedroom/1‑bath apartment
    Apartment 2 extensively renovated in 2025 with new flooring, kitchen, bathroom, windows, paint, fixtures, and laundry hookup
    Two apartments occupied; one vacant and move‑in ready
    Newer roof plus new front and side porches
    Three off‑street parking spaces
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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 5 Potential Opportunities for your consideration. Besides 1 Active listings in Cheboygan, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Three-Unit Multifamily Property
    Three-Unit Multifamily Property

    316 Huron Street, Traverse City, MI 49686

    $510,000
    2,636 sqft 0.34 AC lot

    Residential configuration includes a separate cottage, upper-level deck, and attached two-car garage.

    View details
    Income-Generating Duplex with Cottage
    Income-Generating Duplex with Cottage

    316 Huron St, Traverse City, MI 49686

    $510,000
    1,240 sqft

    Well-maintained two-unit main structure plus a separate one-bedroom cottage provides three rental units.

    View details
    Triplex
    Triplex

    Sault Sainte Marie, MI 49783

    $95,000
    2,520 sqft 0.09 AC lot

    Vacant units and R-2 zoning provide a clear starting point for a residential rental property.

    View details
    Three-Unit Multifamily Property
    Three-Unit Multifamily Property

    Sault Sainte Marie, MI 49783

    $95,000
    2,520 sqft

    Vacant residential building with three apartments and off-street parking.

    View details

    Cheboygan, MI Triplexes Market Trends and Statistics

    Explore 1 triplexes for sale in Cheboygan, MI on our real estate platform.

    Sale prices for three-family homes in Cheboygan, MI average $209,900 — 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

    Apartment buildings 2
    Triplexes 1

    Demographics Overview

    Population 14K
    Population Growth (5Y) -2.2%
    Median Household Income $60,840
    College Educated 29.7%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    49721 $209.9K

    Taxes & Financing

    Tax Rate (average for all types) 3.46%
    Tax Rate vs County Average 0.26 pp above 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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