Active
Sale
Multifamily
Duplex/Quadplex

Rental Property 6031 M-68

6031 M-68, Indian River, MI 49749

For Sale

$949,000

$307.32/SF$189,800/Unit

Total Units
5
Building Size
3,088 SF
Lot Size
0.43 ac
County
Cheboygan
DOM
48
Listed
09/01/2026
Updated
09/01/2026
Rental Property 6031 M-68
1 / 18

Overview

Rare opportunity to own an income producing rental property with direct frontage on the beautiful Sturgeon River, located on the Golden Mile in Indian River. This investment property features three buildings on one parcel: one detached and two duplexes, providing five total rental units. An excellent opportunity for multiple income streams in one convenient location. Located right off I-75 this property offers access to the area's renowned Inland Waterway, including the Sturgeon River, Indian River, Burt Lake and Mullet Lake. Known for its small-town charm and year round recreation, Indian River offers boating, fishing, kayaking, snowmobiling, hiking and nearby state parks - all with convenient access to local shop and restaurants. This unique property has potential for long-term rentals, seasonal rentals, or a vacation rental strategy. Whether you're an experienced investor or searching for a distinctive waterfront property with income potential, this is an opportunity that doesn't come along often. Seller is motivated to sell!

CONTACT KRISTIN WALL AT (989) 415-3695 FOR INFORMATION and SHOWINGS ON THIS PROPERTY.

All units are connected to city sewer. All tenants are month to month. Current income is $8400/month. Yellow shed, commercial sign & wooden bar at road not included in sale.

Additional Information

City
Indian River
County
Cheboygan
State
MI
Zip Code
49749
Latitude
45.4033953
Longitude
-84.6142173
Secondary Uses
Duplex/Quadplex
Zoning
D-CM
Zoning Desc.
Commercial Development
# of Buildings
3
Year Built
1980
Tax ID Number
161-025-200-026-01
Property Status
Existing
Total Units
5
Laundry
In Each Unit
Nearest Interstate
I-75
Parcel APN
161-025-200-026-01
Listing ID
f096ebd9

Parcel & Location