Upper Peninsula of Michigan, MI Multifamily Homes & Duplexes for Sale

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  /15

  $350,000

  • 6 Beds
  • 5.5 Baths
  • 19,200 Sq Ft

  609, 611, 613 Ludington, Escanaba, MI 49829

  Prime Downtown Escanaba Investment Opportunity Located just steps from Little Bay De Noc, Ludington Park, and the heart of downtown, this well-maintained mixed-use property offers an excellent business opportunity. The building features four upper-level residential units with long-term tenants on yearly leases, ensuring steady income. On the street level, there are two occupied commercial units

  

  Robert Petersen

  STATE WIDE REAL ESTATE OF ESCANABA

  (906) 287-4818

  609, 611, 613 Ludington, Escanaba, MI 49829
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  /9

  $135,000

  • 5 Beds
  • 2 Baths
  • 2,510 Sq Ft

  308 S 19th St, Escanaba, MI 49829

  Investment Opportunity in Escanaba! This well-maintained duplex offers two spacious rental units in a prime location near Ludington Street. The main level unit features 3 bedrooms and 1 full bath, offering ample living space for tenants or an owner-occupant. The upper unit includes 2 bedrooms and 1 bath, ideal for additional rental income or extended family living. Situated in a convenient

  

  Robert Petersen

  STATE WIDE REAL ESTATE OF ESCANABA

  (906) 208-4653

  308 S 19th St, Escanaba, MI 49829
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  /35

  $599,900

  • 8 Beds
  • 4 Baths
  • 6,728 Sq Ft

  425 & 431 Madison St, Petoskey, MI 49770

  Fantastic opportunity to own a mixed-use income producing property in the city limits of Petoskey. The property consists of a commercial store front, and 4 residential rental units. The commercial space is currently occupied by the owner and is 2350 square feet. The space would be ideal for any contractor type business. The residential units consist of a duplex with a 3-bedroom apartment and a

  

  C.T. Shuman

  Real Estate One

  (231) 400-4322

  425 & 431 Madison St, Petoskey, MI 49770
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  /23

  $639,900

  • 8 Beds
  • 6 Baths
  • 960 Sq Ft

  1818-1 W Highway 61, Grand Marais, MN 55604

  Unique opportunity to find long-term, residential rental homes in the city limits of Grand Marais. There are two 3 bedroom, 2 bathroom homes and a two bedroom, 2 bath home. These homes are all one level, feature electric heat and are completed with half-log interior siding. There is room for expansion on this 1.3+ acre property that includes additional building pads with utilities stubbed in

  Virginia Detrick Palmer Coldwell Banker North Shore

  1818-1 W Highway 61, Grand Marais, MN 55604
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  /62

  $799,000

  • 3 Beds
  • 2 Baths
  • 1,904 Sq Ft

  N10518 Jersey Ln, Tomahawk, WI 54487

  Beautiful waterfront home with abundant wildlife on the Jersey Flowage. This welcoming 3 bedroom 2 bath home is nestled in a secluded wooded setting on over 7 acres off the end of a private road, yet only 5 minutes to downtown Tomahawk. This home features a spacious open concept layout with great views overlooking the water and many new upgrades including metal roof, flooring, on-demand water

  Luke Gliniecki Whitetail Properties Real Estate, LLC

  N10518 Jersey Ln, Tomahawk, WI 54487
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  /23

  $90,000

  • 4 Beds
  • 2 Baths
  • 3,714 Sq Ft

  139 S Pewabic St Unit 141 S Pewabic Street, Laurium, MI 49913

  Great opportunity to own an income property! This 4 bedroom 2 bathroom duplex is close proximity to Calumet and Laurium amenities. Each side has a main living area, dining room and an eat-in kitchen. Upstairs there are two bedrooms and a full bathroom. There is also a third floor that has two additional finished spaces with flexibility of use on each side of duplex. Come visit this property

  Danielle Hoskins CENTURY 21 AFFILIATED

  139 S Pewabic St Unit 141 S Pewabic Street, Laurium, MI 49913
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  /49

  $275,000

  • 7 Beds
  • 4 Baths
  • 1,360 Sq Ft

  335 W Northland Ave, Ironwood, MI 49938

  Unique 4-Unit Investment Property – Turnkey & Income-Producing A rare opportunity to own a fully operating 4-unit apartment building in a quiet, safe residential neighborhood. Perfect for an owner-occupant or investor, this property offers both stable rental income and short-term rental upside ? Property Highlights 3 units: 2 bed / 1 bath each 1 unit: 1 bed / 1 bath Upgraded interiors in recent

  Joseph Metzger SILVER PROPERTIES-EXP REALTY

  335 W Northland Ave, Ironwood, MI 49938
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  /11

  $200,000

  • 2 Beds
  • 2 Baths
  • 1,290 Sq Ft

  6672 Industrial Dr, Pellston, MI 49769

  Great investment opportunity or owner-occupant property! This well-maintained duplex features two 1-bedroom, 1-bath units, each with its own private entrance. Conveniently located on Industrial Drive, the property offers easy access to Pellston amenities, the airport, and surrounding Northern Michigan communities. With strong rental potential and simple, efficient layouts, this duplex is ideal

  Zac Lejeune Gaslight Group Properties

  6672 Industrial Dr, Pellston, MI 49769
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  /30

  $240,000

  • 4 Beds
  • 2 Baths
  • 1,470 Sq Ft

  501 W Ridge St, Marquette, MI 49855

  This duplex must be sold together with the neighboring single-family home at 223 N Sixth St (MLS # 50188110). Well-maintained and very clean, the duplex offers rental potential of around $2,500 per month. When combined with the single-family home, this unique downtown package has the potential to generate over $4,300 per month while maintaining strong resale value with two separate buildings.

  Don Schinella SELECT REALTY

  501 W Ridge St, Marquette, MI 49855
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  /37

  $399,000

  • 5 Beds
  • 4 Baths
  • 2,482 Sq Ft

  5062 Cook Ave, Petoskey, MI 49770

  Excellent Investment Opportunity in Northern Michigan! This well-maintained triplex offers strong rental potential in the heart of Conway, perfectly situated just across from scenic Crooked Lake. Enjoy a prime location—only 6 miles from Harbor Springs and 6 miles from Petoskey. The property features three distinct units: Unit 1 - a charming 2-bedroom, 1-bath with hardwood flooring and a private

  Pete Platte Gaslight Group Properties

  5062 Cook Ave, Petoskey, MI 49770
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  /24

  $850,000

  • 12 Beds
  • 9 Baths

  N3637 Grahl Dr, Medford, WI 54451

  Why look for one perfect side by side duplex when you can have three! Located on over 10 meticulously maintained acres with privacy and excellent views of the waterfront pond, this a truly unique investment! All units have 2 stories and 2 full bedrooms with 1 bathroom and 1 half bathroom. Every unit has exceptional features such as: main floor laundry, Oak trim, a patio system, detached garages,

  Tyler Tate FIRST WEBER

  N3637 Grahl Dr, Medford, WI 54451
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  /27

  $120,000

  • 5 Beds
  • 2 Baths
  • 1,692 Sq Ft

  507 E 7th St, Merrill, WI 54452

  Whether you are an established investor or starting your career, this is a desirable property. Main level has 3 bedrooms, 1 bath, with access to the basement where there are laundry hook ups. Upper level has a storage room/attic, 2 bedrooms, 1 bath. The listing price considers the property having fuses, soffit work needed on the west roofline, and some seepage in the basement (east wall).

  Gail Abegglen COLDWELL BANKER ACTION

  507 E 7th St, Merrill, WI 54452
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  /31

  $164,900

  • 4 Beds
  • 2 Baths
  • 3,074 Sq Ft

  712 & 712 1/2 W Superior, Munising, MI 49862

  Nestled in the heart of downtown Munising, this unique two-home property offers exceptional versatility and investment potential. The front residence sits prominently on Superior Street, featuring 2 bedrooms, 1 bath, and a welcoming layout ideal for comfortable living. Tucked behind and accessed via the alley, the second home mirrors the layout with 2 bedrooms and 1 bath, offering privacy and

  Amy Schieding RE/MAX SUPERIORLAND

  712 & 712 1/2 W Superior, Munising, MI 49862
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  /21

  $459,750

  • 4 Beds
  • 2 Baths
  • 1,080 Sq Ft

  308 W Upright Ave, Charlevoix, MI 49720

  Two units for the price of one with a garage so big you can finally get rid of that storage unit. This property has all the golden nuggets when looking for a home for yourself or multi-unit rental. Nice front porch to rock on your porch swing, garage with built in work benches, basement with build in work bench. Second unit will help pay the rent or give your 20 something kid a place to live

  Bill Dietrich Real Estate One - Charlevoix

  308 W Upright Ave, Charlevoix, MI 49720
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  /31

  $650,000

  • 4 Beds
  • 3 Baths
  • 2,008 Sq Ft

  1104 Bridge St Unit s A & B, Charlevoix, MI 49720

  Only once in a blue moon does a property this unique with so many opportunities hits the market. 1104 Bridge St offers two separate buildings and a prime location with easy access coming and going. So many different opportunities to configure 1104 Bridge to your vision. Two Vacation Rentals or live in one unit and conducting business in the other or live in one and rent the other. Building A

  Bill Dietrich Real Estate One - Charlevoix

  1104 Bridge St Unit s A & B, Charlevoix, MI 49720
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  /55

  $199,900

  • 5 Beds
  • 2 Baths
  • 3,023 Sq Ft

  208 S 2nd St, Ishpeming, MI 49849

  Updated owner occupied duplex! The owner lives in the lower unit with a connected garage, while the two upper level three bedroom spacious unit is currently being used as a VRBO. A block to the High School, walk to coffee shops, restaurants, and adult beverage establishments. A huge update to this property is the NEW CITY SEWER line to the house which was replaced in '21! Upstairs Electrical

  Linda Johnson EXP REALTY OF MARQUETTE

  208 S 2nd St, Ishpeming, MI 49849
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  /43

  $449,000

  • 3 Beds
  • 2 Baths
  • 1,820 Sq Ft

  8974 N Whitefish Point Rd, Paradise, MI 49768

  A Very Special Waterfront Property just north of town. 200 plus feet of Whitefish Bay water frontage on a deep 270 foot lot. This lovely property offers an impeccably maintained 2/1 mobile home with new windows, skirting, paint, freshly coated roof, new metal snow roof, new furnace and A/C. The detached 1 car garage also offers plentiful storage, one bedroom, one bath and a loft with sleeping

  Adele Holland RE/MAX NorthStar Realty

  8974 N Whitefish Point Rd, Paradise, MI 49768
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  /12

  $95,000

  • 4 Beds
  • 2.5 Baths
  • 1,728 Sq Ft

  56430 Middle St Unit 56432 Middle St, Calumet, MI 49913

  DUPLEX units in premier neighborhood....NEED FINISHING WORK.....THIS will be a project for you to complete.....but......ultimately a good revenue, easy access to shops and services and access to the main highway....minutes from the downtown Calumet/Laurium communities..this is your INVESTMENT OPPORTUNITY........the units all need finishing work.....to bring to your standard..........and to

  Karen Lahti RE/MAX DOUGLASS R.E.-H

  56430 Middle St Unit 56432 Middle St, Calumet, MI 49913
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  /17

  $2,500,000

  • Studio
  • 8,496 Sq Ft

  624 Michigan St Unit 524 State street & 1, Petoskey, MI 49770

  Portfolio sale of three multifamily assets within the City of Petoskey - 524 State (6 units), 624 Michigan (5), and 138 E Sheridan (5) - 16 units total. Walkable, high-demand neighborhoods close to downtown, employment, and waterfront. Current income approx $23,750/mo (~$285k/yr) with T12 NOI ~ $185,806 (Aug '24-Jul '25). Extensive capital improvements completed: More than $500,000 pre-sale

  Christopher Skrobeck Van Treese Management LLC

  624 Michigan St Unit 524 State street & 1, Petoskey, MI 49770
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  /28

  $399,000

  • 3 Beds
  • 2 Baths
  • 2,920 Sq Ft

  376 Alger St, Marquette, MI 49855

  Charming, Well-Maintained Duplex in the Heart of Downtown Marquette. Located in a quiet neighborhood within walking distance to schools, shopping, parks, and everything downtown Marquette has to offer, this beautifully maintained duplex is full of character and potential. Enter through a shared front entry featuring an original wood staircase and a stunning stained glass window that sets the tone

  Kathleen Sullivan KEY REALTY DELTA COUNTY LLC

  376 Alger St, Marquette, MI 49855
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  /27

  $90,000

  • 4 Beds
  • 2 Baths
  • 2,489 Sq Ft

  220 S 4th St, Crystal Falls, MI 49920

  This duplex offers two spacious units with plenty of charm and functionality. Each unit features 2 bedrooms, a bright living room, an eat-in kitchen, and a full bath. Both have separate electric and water meters for convenience. The lower unit includes main floor laundry and hardwood floors beneath the carpet, while the upper unit boasts hardwood flooring in the bedrooms and laundry in the

  Melanie Sienkiewicz RE/MAX NORTH COUNTRY-FL

  220 S 4th St, Crystal Falls, MI 49920
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  /20

  $429,000

  • 2 Beds
  • 2 Baths
  • 5,263 Sq Ft

  2 Thompson Park Dr, Grand Marais, MN 55604

  Pine Mountain General Store, located in Grand Marais, Minnesota, is a charming and eclectic retail destination that embodies the spirit of the North Shore. Includes 2 apartments, each with one bedroom and one bathroom. Nestled near the stunning landscapes of Lake Superior and the Boundary Waters Canoe Area Wilderness, this general store offers a wide array of products that cater to both locals

  Sue Nichols Red Pine Realty

  2 Thompson Park Dr, Grand Marais, MN 55604
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  /61

  $1,700,000

  • 6 Beds
  • 6 Baths
  • 6,000 Sq Ft

  77 Brockway Ave, Copper Harbor, MI 49918

  A RARE FIND IN COPPER HARBOR ON LAKE SUPERIOR! Hospitality business with restaurant & lodging! The Harbor Haus including 270+/- ft on the water & 12 lots - For over 50 yrs, this well-known restaurant in Copper Harbor, Michigan has been a favorite for both locals & tourists for tasty cuisine, including fresh-caught Lake Superior whitefish, steaks, seafood, & homemade desserts. Extreme pride is

  Noah Jukuri CENTURY 21 AFFILIATED

  77 Brockway Ave, Copper Harbor, MI 49918
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  /16

  $135,000

  • 3 Beds
  • 2 Baths
  • 1,845 Sq Ft

  127 E Anderson St, Rhinelander, WI 54501

  Located in the heart of the city, offering both convenience and strong income potential. Each unit provides comfortable living spaces with separate entrances, making it ideal for owner-occupancy, rental income, or short-term leasing. The downtown location ensures easy access to restaurants, shops, and other local conveniences. Whether you’re looking to expand your portfolio or secure a versatile

  Rob Cornelius CR REALTY

  127 E Anderson St, Rhinelander, WI 54501
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  /65

  $550,000

  325 & 319 N Huron St, Cheboygan, MI 49721

  INVESTMENT OPPORTUNITY . ONE 4 UNIT HOUSE, ONE 6 UNIT HOUSE, AND ONE 2 BEDROOM HOUSE FOR SALE. We also have an extra lot for sale off Backus street that comes with the package. Nice parking lot in back for all tenants. Located in Downtown Cheboygan, we are within walking distance for everything. There has never been a problem keeping all units rented. Expected net in 2025 is $56,000. Land

  Roger Kopernik Exit Realty Premier

  325 & 319 N Huron St, Cheboygan, MI 49721
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  /51

  $379,000

  • 3 Beds
  • 2 Baths
  • 1,700 Sq Ft

  18298 S M 129, Sault Sainte Marie, MI 49783

  10+/- Acres with Multiple Residences & Endless Potential. This versatile property includes a spacious main home with 3 bedrooms, vaulted ceilings, an upper balcony, and an attached 3-car garage. The completely remodeled second home offers 2 bedrooms, 1 bath, and an attached 2-car garage. Behind the shop building, you'll find a private apartment with 1 bedroom, 1 bath, a kitchen, and living room.

  Carly Woods KW Northern Michigan Properties

  18298 S M 129, Sault Sainte Marie, MI 49783
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  /31

  $190,000

  • 4 Beds
  • 2 Baths
  • 2,002 Sq Ft

  622 Main St, Marinette, WI 54143

  Great opportunity for investors or those looking to start their portfolio! This Marinette duplex offers strong potential with tenants already in place in both units. The main-level unit has been updated with fresh flooring and paint, while the upper provides room to add value in the future. A partially fenced yard offers privacy and outdoor space. Each unit includes utilities and appliances (per

  Michele Hansen RE/MAX 24/7 Real Estate, LLC

  622 Main St, Marinette, WI 54143
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  /43

  $185,000

  • 6 Beds
  • 2.5 Baths
  • 2,621 Sq Ft

  635 N 5th St, Ishpeming, MI 49849

  Opportunity knocks with this large side-by-side duplex located on a corner lot near downtown, the Iron Ore Heritage Trail, and ATV/snowmobile trails. Each unit offers 3 bedrooms—one side features 2 bathrooms and a sauna in the basement, while the other has 1 bathroom. Both units are very spacious and currently rent for $850/month plus utilities, with one long-term tenant in place. This property

  Benjamin Argall NEXTHOME SUPERIOR LIVING

  635 N 5th St, Ishpeming, MI 49849
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  /54

  $224,000

  • 5 Beds
  • 3 Baths
  • 2,380 Sq Ft

  521 E F St, Iron Mountain, MI 49801

  Three-Unit Income Property – Iron Mountain’s East Side Don’t miss this excellent investment opportunity! This property features a nicely remodeled duplex along with a separate single-family residence — all fully rented to long-term tenants at strong rental rates that generate solid cash flow. The lower unit of the duplex has been taken down to the studs and completely rebuilt with a brand-new

  Scott Moiser KEY REALTY DELTA COUNTY LLC

  521 E F St, Iron Mountain, MI 49801
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  /8

  $219,900

  • 4 Beds
  • 2 Baths

  344 Urquhart St, Medford, WI 54451

  Income generating duplex located in the City of Medford. Both units feature 2 bedrooms with a full bathroom. Kitchen open to dining with patio doors to a private rear deck. Spacious living room. Main floor laundry. Each unit features a full basement, attached garage and blacktop driveway. The stoves, refrigerators, dishwashers, wall a/c units and window coverings are included in the sale price.

  Team Dixon Grenier Realty DIXON GREINER REALTY, LLC

  344 Urquhart St, Medford, WI 54451
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  /29

  $349,900

  • 2 Beds
  • 2 Baths
  • 1,457 Sq Ft

  1101 W Aquila Ct, Eagle River, WI 54521

  New Build! Eagle Estates is the location of this brand new condominium home. There are 2 bedrooms, 2 full bathrooms, kitchen, living, and laundry all on one level. You'll appreciate the attached 2-car garage, 8x10 patio, and concrete drive. LP Smart siding with stone accents gives the home a maintenance free exterior for years to come! Located a block north of the Hospital and only 2 blocks from

  John Misina ELIASON REALTY - EAGLE RIVER

  1101 W Aquila Ct, Eagle River, WI 54521
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  /17

  $349,900

  • 2 Beds
  • 2 Baths
  • 1,449 Sq Ft

  87 S Aquila Ct, Eagle River, WI 54521

  New Build! Eagle Estates is the location of this brand new condominium home in Eagle River. There are 2 bedrooms, 2 full bathrooms, kitchen, living, and laundry all on one level. You'll love the attached 2-car garage, 8x10 patio, and concrete driveway. LP Smart siding with stone accents gives the unit a maintenance free exterior for years to come! Located a block north of the Hospital and only 2

  John Misina ELIASON REALTY - EAGLE RIVER

  87 S Aquila Ct, Eagle River, WI 54521
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  /54

  $66,900

  • 5 Beds
  • 2 Baths
  • 2,344 Sq Ft

  117 S Iroquois St, Laurium, MI 49913

  Here you will find a spacious duplex in Laurium! This property presents a fantastic investment opportunity for anyone willing to put in a bit of tender loving care. You could choose to live in one unit and rent out the other, generating income, or easily convert it into a large single-family home to suit your needs. The main floor features three comfortable bedrooms and a full bathroom, while the

  Jennifer Deephouse STATE WIDE OF HOUGHTON

  117 S Iroquois St, Laurium, MI 49913
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  /36

  $379,000

  • 8 Beds
  • 4.5 Baths
  • 3,758 Sq Ft

  6224 Shotgun Rd, Ironwood, MI 49938

  Located just steps from the ski lodge and main chairlift, this well-appointed fourplex—known as Schnickelfritz—delivers both top-tier guest experiences and outstanding income potential. Each turnkey unit offers a comfortable living room with a wood-burning fireplace, a well equipped eat-in kitchen, two bedrooms, a full bath, and doors to a deck. The lower level is designed for apres-ski

  Anna Bolich NORTHERN TRAILS REALTY, LLC

  6224 Shotgun Rd, Ironwood, MI 49938
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  /43

  $379,000

  • 8 Beds
  • 4.5 Baths
  • 4,428 Sq Ft

  E6224 Shotgun, Bessemer, MI 49938

  Located just steps from the ski lodge and main chairlift, this well-appointed fourplex—known as Schnickelfritz—delivers both top-tier guest experiences and outstanding income potential. Each turnkey unit offers a comfortable living room with a wood-burning fireplace, fully equipped eat-in kitchen, two bedrooms, a full bath, and doors to a deck. The shared lower level is designed for apres-ski

  Anna Bolich NORTHERN TRAILS REALTY

  E6224 Shotgun, Bessemer, MI 49938
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  /14

  $175,000

  • 7 Beds
  • 4.5 Baths
  • 2,868 Sq Ft

  W8018 County Road Oo County Road Oo, Pembine T-Wi, WI 54156

  Income producing property with great rental record. 3br, 2 bath house with 1 car/workshop detached garage, 2br, 1 bath mobile with 1 car attached garage, 2br, 1.5 mobile with 1 car-carport and covered porch. 3-septics, 1 drilled drilled well shared with all 3 units. House has a partial basement - 466sf - rest is crawlspace - there is an upper level to the house that has been sealed off with

  Lisa Hanson COLDWELL BANKER REAL ESTATE GROUP

  W8018 County Road Oo County Road Oo, Pembine T-Wi, WI 54156
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  /26

  $249,900

  • 5 Beds
  • 3 Baths
  • 2,334 Sq Ft

  216 4th Ave, Woodruff, WI 54568

  Discover versatility and value in this 2,300± sq ft duplex just minutes from town, shopping, clinics, and schools. The property features two separate units divided by a shared space with 2 washers, 2 dryers, and garage access. The upper unit offers 900± sq ft with 3 bedrooms, 1 bath, and a cozy living area. The 1,300± sq ft main-level unit includes 1 bedroom, 2 bathrooms, and basement access.

  THE HERVEY TEAM REDMAN REALTY GROUP, LLC

  216 4th Ave, Woodruff, WI 54568
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  /18

  $325,000

  • 8 Beds
  • 4.5 Baths
  • 4,024 Sq Ft

  N5504 N Eben Rd, Rock River Township, MI

  Here is your opportunity to own a piece of UP history! This building was one of the two original CO-OP's in Eben Junction, in the heart of the central UP. It was used as a CO-OP until the 90's, then a flooring business and currently has four residential units. Two of the units (1 and 4) are used as fully furnished short term rental units for 3 months in the summer and 9 month rental terms for

  CRYSTAL BARR BERGLUND KELLER WILLIAMS NORTHERN MICHIGAN

  N5504 N Eben Rd, Rock River Township, MI
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  /54

  $235,000

  • 4 Beds
  • 5 Baths
  • 4,374 Sq Ft

  12 W Broad St, Lanse, MI 49946

  Awesome investment opportunity in downtown L'Anse! This prime property offers nearly 2,000 square feet of furnished office space on the main level, perfect for one or two businesses! It features one finished bathroom and an opportunity for another bathroom. The second floor boasts three fully furnished, move-in-ready apartments, each offering stunning waterfront views. A shared laundry area is

  Marisa Kahkonen UP NORTH REALTY

  12 W Broad St, Lanse, MI 49946
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  /31

  $225,000

  • 5 Beds
  • 2.5 Baths
  • 2,120 Sq Ft

  1305 W B St, Iron Mountain, MI 49801

  Attention landlords: This duplex with many charming details and an excellent rental history is a great investment property to add to your portfolio! Both units have been recently repainted and have newer appliances, plus the entire exterior has been recently repainted. The 3 bedroom, 1.5 bath first floor unit offers hardwood floors and a back entry that could double as office space. The 2

  Ryan Gordon STEPHENS REAL ESTATE

  1305 W B St, Iron Mountain, MI 49801

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