6031 Michigan Hwy 68 Highway Indian River, MI $ 819,900
6031 Michigan Hwy 68 Highway
$ 819,900
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6031 Michigan Hwy 68 Highway

Indian River, MI, 49749
$ 819,900
Bedrooms5 Baths5.0 Sq 2,729

Monthly Estimate*

$ 5,663

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Multi-Family Home for sale in Indian River, MI

for $819,900 with 5 bedrooms and 5 full baths. This 2,729 square foot home was built in 1980 on a lot size of 0.43.

Rare opportunity to own a steady income producing rental property with direct frontage on the beautiful Sturgeon River, located right off of the 310 exit on the Golden Mile in Indian River. This investment property features three buildings on one commercial zoned parcel: one single unit 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. Indian River is known for it’s small-town charm and year round recreation, offering boating, fishing, kayaking, snowmobiling, ATV, hiking and nearby state parks – all with the convenient access to local shops and restaurants. This unique property has potential for multiple income streams. Whether you’re an experienced investor or searching for a distinctive waterfront property this is an opportunity that doesn’t come along often.

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Multi-Family Active

Price

$ 819,900

Bedrooms

5

Full Bath

5

Property Type

Multi-Family

Taxes

$ 7,244

Style

Lot Size

0.43

Year Built

1980

Town/City

Indian River

County/Region

Cheboygan

MLS | Web ID

50224402

Features
General
Heating Wall Heat Electric Heat
Possession Close Plus 31-60 Days
Water Artesian Private Well
Status Active Active
Full Baths 5
Half Baths 0
Bathrooms 5
Year Built 1980
Subdivision NA MI
County Cheboygan
Township Tuscarora Township
Class MULTIFAMILY
Type Multi-Family
Ownership Private
Municipality Indian River
Zoning Commercial
Sale/Rent For Sale
Status Detail 0
Flood Insurance Not Required
Structure Style Other/See Remarks
Area Indian River (16023)
Primary City Indian River
Location Main Street
City Indian River
School District Inland Lakes School District
Financial Terms Cash Conventional
Legal Description COM NE COR NW1/4 OF NE1/4 SEC 25 T35N
DOM 0
Postal Code 49749
Price Per Sq Ft Total AG 300.44
Public Remarks Rare opportunity to own a steady income producing rental property with direct frontage on the beautiful Sturgeon River
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Exterior
Frontage 107
Body of Water Sturgeon River
Lot Size Area 0.43
Lot Dimensions 107x190
Water Features River Frontage
Waterfront Y/N Yes
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Interior
Beds 5
Fireplace? No
Total Number of Units 5
Fuel Type Electric Natural Gas
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* Excluded Features
List By
Kristin Wall

Listing Agent

Berkshire Hathaway Homeservices, Bay City

Broker

kristinwall@bhhsmi.com

Email

Affordability Calculator

$6,267
Per Month
90%
10%
0%
Monthly Principal & Interest
$5,663
Monthly Property Taxes
$604
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4057569 Elementary School
4057568 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
10/9/2026$819,900 Listed Price

Map


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6031 Michigan Hwy 68 Highway, Indian River, MI, 49749 is a Multi-Family Home for sale at $819,900 with 2,729 sqft and a lot size of 0.43. 6031 Michigan Hwy 68 Highway has 5 bedrooms, 5.0 baths, and was built in 1980. The property's zip code is 49749 which is in Indian River, MI