The median home value in Elberta, MI is $198,000.
This is
lower than
the county median home value of $321,100.
The national median home value is $338,100.
The average price of homes sold in Elberta, MI is $198,000.
Approximately 37.2% of Elberta homes are owned,
compared to 1.93% rented, while
60.87% are vacant.
Elberta real estate listings include condos, townhomes, and single family homes for sale.
Commercial properties are also available.
If you see a property you’re interested in, contact a Elberta real estate agent to arrange a tour today!
Successful Duplex Rental in Downtown Elberta! Fully Remodeled, all new furniture and appliances and ready for new owners! One of the best kept secrets in all of Michigan. Spend your lazy days of summer wandering beaches, bluff trails, bike paths, restaurants, farmers markets, Marinas and shopping all right out of your front door. These fully Renovated units come with panoramic Bay views and 100% ready to occupy or rent. Rent one or both units to cover your costs of ownership. The property is Commercially zoned and fully furnished. This is a truly "turnkey" property with proven short term rental history. See the attached list of improvements to see how much has been done! This is an over/under duplex, bottom (2/1) unit was taken to the studs and brought back to life with all new finishes, appliances and utilities in 2022/23. Upstairs Studio Apt is also freshly remolded with a full kitchen and bath remodel, new flooring and paint through out. New roof and gutters, concrete patio, driveway and landscaping all new as well. Seller is a licensed agent in the State of Michigan
SEEKING THOSE WITH CREATIVE VISION! This well cared for property in downtown Elberta is in the commercial district and is zoned for both a business/retail operation, as well for a short term rental! This property has been operating as a catering company with a stellar reputation, and comes almost fully equipped with new commercial refrigeration, two door freezer, an outdoor walk in cooler, commercial dishwasher, disposal, dish machine, dish tables, commercial ice machine, commercially coated, industrial shelving, dishes, flatware, hotel pans, baking sheets, chefs tools, and more (a full list to soon be provided by seller). This property could make an excellent to-go pizza/sandwich establishment, taco shop, or other to-go eatery (or potentially another catering company!) lending itself to the large beach crowd that frequents the very nearby Elberta Beach, hiking trails, dune overlooks, and the crowds of downtown Frankfort, just over the river and less than 2 miles away. This property sits directly on M-22 in downtown Elberta, fantastic for traffic exposure, and is located directly next to a vacation rental company - a prime spot to be converted to a vacation rental! Recent improvements include a new furnace/air conditioning, exterior paint, repaired facia and windows/trim, and an electronic front door lock. This commercial property also sits on the desirable municipal water and sewer system. There's a functioning bathroom in the building, there were laundry hook ups established some time ago, and the 1000 sf space could house a kitchen, living room, two smaller bedrooms and a bathroom with a little vision! So much potential here to bring your dreams in to reality and at an affordable price in northern Michigan!