$10,000
closing credit¹
2862 Arlene Indian River, MI 49749
Property details
About 2862 Arlene
Fantastic investment opportunity with 10 apartment units! There are four 1-bedroom apartments and six 2-bedroom apartments, all with one full bathroom. The combination of location and amenities--being close to the Indian River, the North Central Trail system, and downtown Indian River--makes it very appealing. The apartment complex offers views of the Indian River Canal, which is a great selling point. Features of the apartments include a backdoor leading to a spacious backyard and an open floor plan. With passive income potential, it seems like a solid property for someone looking to invest in a growing area with a mix of outdoor activities and small-town charm. Located 1/2 mile north of Indian River, just east of Straits Highway, making travel easy for owner and tenant.
Highlights
Summary
- MLS Number: 201833217
- Office Name: COLDWELL BANKER SCHMIDT INDIAN RIVER
- Office Phone: (231) 238-9336
- Office Email: indianriver@cbgreatlakes.com
- Listing Agent: Terri A. Vizina
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$950,000
2862 Arlene
$10,000
closing credit¹
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Price information
Property sales
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Tax history
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Nearby schools
3
Inland Lakes Elementary School
Public District KG-5
1.7 mi
•4363 S Straits Hwy
4
Wolverine Elementary School
Public District KG-6
10.4 mi
•5993 W Sholes St
8
Pellston Elementary School
Public District PK-5
12.3 mi
•114 Zipf St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $60,911. The most common annual income of people living in Indian River, MI is between $35k-100k. Residents typically live in married, no kids family. Most residents in this area have post secondary degree education.
How much money do the neighbors make?
What level of education do the neighbors have?
What types of families live nearby?
Are the neighbors home owners or renters?
How old are people in this area?
What do the neighbors do for fun?
Figure Skating
Hunting
NASCAR
Where do the neighbors shop?
Dollar General
Dillards
Wal-Mart
Where do the neighbors go to eat?
Applebees
Cracker Barrel
Hardee's
What do the neighbors drive?
Cadillac
Ram
Subaru
What do the neighbors listen to?
Classic Country
News/Talk/Information
New Country
Frequently asked questions
About 2862 Arlene
This home is located at 2862 Arlene in Indian River, MI and zip code 49749. Features: 0 bathroom. It has been listed on Rocket Homes since January 29, 2025 and is currently priced at $950,000.
In January 2025, from all listings sold in Indian River, MI there were more than 1 sold above asking price, over 5 sold below and more than 1 were sold right at the asked price. The number of homes for sale in Indian River, MI did not change between December and January 2025.