2862 Arlene

2862 Arlene, Indian River, MI 49749

  • For Sale $899,900
  • Property Type Other
  • Lot Size 52,707.6 SF
  • Date Updated Aug 13, 2025
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.
Want more info on this listing?

Reach out to the broker for more info on lease terms and amenities

Contacts

broker
Terri Vizina

Coldwell Banker Schmidt Realtors

broker
Billy Andrew

Coldwell Banker Schmidt Realtors

Location

Getting Around

  • Walk Score ®

    19/100 Car-Dependent

  • Bike Score ®

    46/100 Somewhat Bikeable
Powered by Walk Score ®
  • City Indian River, MI
  • Neighborhood Indian River
  • Zip Code 49749

Points of Interest

  • Marathon

    1.17 miles

  • Ken's Quick Stop

    1.18 miles

  • Indian River Card Lock

    1.77 miles

  • BP

    1.96 miles

  • Indian River OHV Trailhead

    3.40 miles

  • car parking

    5.55 miles

  • truck parking

    5.75 miles

  • MDOT Public Carpool Parking

    8.84 miles

  • Fay Martin River Resort

    0.40 miles

  • Pines Cottages of Indian River

    0.48 miles

  • Riverside Cottages

    0.50 miles

  • Waterway Inn

    1.14 miles

  • Reed's on the River

    1.31 miles

  • Hometown Inn

    1.49 miles

  • Star Gate Motel

    2.08 miles

  • Brentwood Lodging

    2.17 miles

  • Totem Lodges

    2.24 miles

  • Woodlands Resort

    2.46 miles

  • The Station @ 310

    0.67 miles

  • Burger King

    1.17 miles

  • McDonald's

    1.24 miles

  • Wilson's Rivers Edge Restaurant

    1.37 miles

  • Subway

    1.42 miles

  • The Wigwam

    1.54 miles

  • Vivio's

    1.95 miles

  • Michael's Tavern & Steakhouse

    2.05 miles

  • Bob's Place

    8.87 miles

  • Dutch Oven Bakery

    8.92 miles

  • Inland Lakes Schools

    1.68 miles

  • Ohioville School

    4.13 miles

  • Northern Michigan Christian Academy

    4.60 miles

  • Birchwood School

    8.57 miles

  • Littlefield School

    9.13 miles

  • School Number 2

    9.45 miles

  • School 1 South

    9.83 miles

Looking for more in-depth information on this property?

Looking for more in-depth information on this property? Find property characteristics, ownership, tenant details, local market insights and more. Unlock data on CommercialEdge.

Contact 2862 Arlene
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.