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. All units are currently occupied with month-to-month tenants, currently generating $8,400/month. 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.
For sale
$819,900
6031 State Highway 68, Indian River, MI 49749
5beds
2,729sqft
Multi Family
Built in 1980
-- sqft lot
$-- Zestimate®
$300/sqft
$-- HOA
What's special
- 35 days
- 253
- 13
Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
Kristin Wall 989-415-3695,
Berkshire Hathaway HomeServices, Bay City 989-892-8888
Source: MiRealSource,MLS#: 50224402
Originating MLS: Bay County REALTOR Association
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 5
- Full bathrooms: 5
Heating
- Wall Furnace, Electric
Features
- Basement: Crawl Space
- Has fireplace: No
Interior area
- Total structure area: 2,729
- Total interior livable area: 2,729 sqft
Video & virtual tour
Property
Features
- On waterfront: Yes
- Waterfront features: River Front
- Body of water: Sturgeon River
- Frontage length: 107
Lot
- Size: 0.43 Acres
- Dimensions: 107 x 190
- Features: Main Street
Details
- Parcel number: 16102520002601
- Zoning description: Commercial
- Special conditions: Private
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Foundation: Slab
Condition
- Year built: 1980
Utilities & green energy
- Gas: Natural Gas
- Sewer: Public Sanitary
- Water: Artesian Private Well
Community & HOA
Community
- Subdivision: Na
Location
- Region: Indian River
Financial & listing details
- Price per square foot: $300/sqft
- Annual tax amount: $7,244
- Date on market: 10/9/2026
- Cumulative days on market: 71 days
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Conventional
- Total actual rent: 8400
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 10/9/2026 | Listed for sale | $819,900$300/sqft |
Source: | ||
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: 49749
Nearby schools
Schools provided by the listing agent
- District: Inland Lakes School District
Source: MiRealSource. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.




