$265,000
- 5 Beds
- 2.5 Baths
- 1,416 Sq Ft
500 Sheridan Dr, Sault Sainte Marie, MI 49783
Krysta Fike RE/MAX NorthStar Realty
$265,000
500 Sheridan Dr, Sault Sainte Marie, MI 49783
Krysta Fike RE/MAX NorthStar Realty
$239,000
1220 Ashmun St, Sault Sainte Marie, MI 49783
Anna Piche Smith & Company Real Estate
$85,000
912 Bingham Ave, Sault Sainte Marie, MI 49783
Daniel Napoletano CENTURY 21 Advantage Plus
$89,900
525 W Spruce St, Sault Sainte Marie, MI 49783
Leah Jackson KW Northern Michigan Properties
Sault Sainte Marie, often referred to as "The Sault," is a small city in Michigan’s upper peninsula with a population of around 13,000. Situated on the Saint Marys River, it offers a peaceful pace of life and is known for its year-round outdoor attractions. The Soo Locks, a key feature of the Great Lakes shipping industry, are a popular site for public tours. The city hosts the International 500 Snowmobile Race and a summer Powwow celebrating Native American culture. The Sault Tribe of Chippewa Indians is the largest employer, with other major employers including Lake Superior State University and My Michigan Medical Center. Housing options range from affordable fixer-uppers to million-dollar riverside homes, though some properties may have a slight flooding risk. Most homes were built between 1900 and 2000, with many residents opting to remodel. The local schools have a high rating, and the high school’s Career and Technical Education center serves multiple districts. Hockey is a significant part of community life, with three major ice rinks and a strong local following. Downtown Sault Sainte Marie features a quaint district with grocery stores, while the Canadian side offers more shopping and dining options, accessible via an international bridge. Interstate 75 connects the city to Chippewa County International Airport, 20 miles away, and the Mackinac Bridge, 50 miles away. The area experiences heavy snowfall, averaging over 10 feet annually, and temperatures often drop below freezing from November to April. Crime rates are slightly below the state averages.
On average, homes in Sault Sainte Marie, MI sell after 41 days on the market compared to the national average of 70 days. The median sale price for homes in Sault Sainte Marie, MI over the last 12 months is $130,000.
In Sault Sainte Marie, there are currently 4 multi-family homes for sale, providing an appealing investment opportunity for buyers. With multi-family homes priced between $85,000 to $265,000, there's a range to accomodate every budget. As of August, 2025 the median home price in Sault Sainte Marie is $2,027,500, while the average sale price is $130,000, offering insights into the local housing market. On average, multi-family homes spend 41 days listed before being sold. Multi-family homes include a variety of property types, from duplexes, triplexes, and fourplexes, to apartment complexes, all within a single building divided to accommodate multiple families living separately. These multi-family properties for sale offer investors the chance to generate rental income. Whether you're considering a duplex for a beginner investment or an apartment complex for a more substantial venture, there are investment properties available to meet your requirements. Explore the range of multi-family homes for sale in Sault Sainte Marie, MI.