Multi Family Investment Properties for Sale in Bessemer, MI


144- 2 Bed
- 1 Bath
- 685 sft


139- 3 Bed
- 1 Bath
- 964 sft


116- 3 Bed
- 1 Bath
- 854 sft


102- 2 Bed
- 1 Bath
- 1042 sft



- 3 Bed
- 2 Bath
- 1400 sft


849- 3 Bed
- 2 Bath
- 1380 sft



- 1 Bed
- 1 Bath
- 621 sft


901- 3 Bed
- 2 Bath
- 1216 sft


751- 2 Bed
- 1 Bath
- 1132 sft


638- 3 Bed
- 1 Bath
- 1320 sft


96- 5 Bed
- 2 Bath
- 2300 sft


135- - Bed
- 1 Bath
- 628 sft


129- 2 Bed
- 1 Bath
- 820 sft


119- 1 Bed
- 1 Bath
- 780 sft


110- 1 Bed
- 1 Bath
- 360 sft


471- 5 Bed
- 2 Bath
- 1926 sft


106- 3 Bed
- 1 Bath
- 1278 sft


753- 3 Bed
- 2 Bath
- 737 sft


808- 3 Bed
- 2 Bath
- 2185 sft


93- 2 Bed
- 1 Bath
- 867 sft


111- 2 Bed
- 1 Bath
- 940 sft


93- 5 Bed
- 1 Bath
- 1466 sft


646- 5 Bed
- 2 Bath
- 988 sft


93- 4 Bed
- 2 Bath
- 1680 sft
Why Invest in Bessemer, Michigan?
Investing in multi-family properties in Bessemer, MI offers a unique opportunity to capitalize on steady rental demand and affordable entry points. The average cap rate of around 7.2% combined with a rental yield of 6.5% makes it attractive for income-focused investors. Local market appreciation of about 2.3% annually complements an average cash flow of $1,100 per unit. With nearly 60% renter-occupied units, Bessemer's rental housing market shows resilience and potential for growth.
Frequently Asked Questions
Bessemer offers affordable pricing, strong rental demand, and attractive cap rates near 7%. The local economy supported by mining and healthcare ensures steady job availability and rental occupancy.
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