East Jordan Real Estate Search

East Jordan Properties between $1,000,000 and $1,500,000 for Sale

Our website features the best real estate search for between $1,000,000 and $1,500,000 properties available in East Jordan and surrounding areas. It is the only site you will ever need! It is easy-to-use and updated by the official REALTOR®’s database every 15 minutes. 

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Newest East Jordan Properties between $1,000,000 and $1,500,000 for Sale

$1,190,000
480728 MLS ACTIVE Status
Positioned in East Jordan, this turn-key 4-unit townhouse complex built in 2023 offers a high-yield investment with strong existing cash flow and upside potential. Generates $8,700/month with a projected 2026 gross income of $102,400. At the $1,190,000 asking price, this property delivers an attractive 11.62 Gross Rent Multiplier (GRM), outperforming regional market averages for low-maintenance, new-construction multi-family assets. Each unit features high-end finishes, natural gas forced-air heat, central air conditioning, dedicated carports, private rear decks, full appliance packages (new in 2023), and independent utility metering. Three units offer a 3-bedroom, 2.5-bathroom layout with private ensuite bedrooms, while the fourth unit is a 2-bedroom, 2.5-bathroom layout with dual ensuite baths. * **Proven Cash Flow & Stability:** Units 3 and 4 feature long-term, reliable tenants of three years. Other two units have been occupied consistently by different tenants. Units 3 and 4 feature long-term, reliable tenants of three years, while the other two units have been occupied consistently by different tenants. Turn-key options are available, as Unit one and 4 are conveyed fully furnished. For an exit strategy and development upside, the structure was specifically engineered with a 2-hour fire-rated separation wall between units to allow future condo conversion, giving a buyer the option to sell off individual townhomes down the road for maximum capital return. Site plan available upon request. Municipal infrastructure includes a low-maintenance exterior with city water and city sewer service. Seller is a licensed Realtor in the State of Michigan.

710 Water Street, East Jordan

$1,105,990
8 Beds 4 Baths 477369 MLS ACTIVE Status
Rare Investment Opportunity – 3 Homes for 1 Price! Lake Charlevoix Views – East Jordan, MI. Seize the chance to own three single-family homes bundled together in a strategic location with beautiful views of Lake Charlevoix. This unique offering is perfect for the savvy investor seeking long-term rental income, short-term rental potential (subject to available permits), and the opportunity to capitalize on future development in one of Northern Michigan’s most promising areas. Property One: 2 Bedrooms, 1 Bathroom, oversized attached garage, impressive pole barn with loft – ideal for storage, hobbies, or conversion. Property Two: 3 Bedrooms, 2 Bathrooms, attached 2-car garage, additional detached garage for extra storage or workspace. Property Three:3 Bedrooms, 1 Bathroom, 2 Car garage and additional storage shed. Each home is situated on its own parcel, but together they border a larger property that lies directly on Lake Charlevoix – a strategic parcel that could hold future development potential. East Jordan is one of the three key Lake Charlevoix communities to undergo significant transformation, positioning these properties at the forefront of potential growth. Whether you’re looking to launch a short-term rental portfolio, provide reliable long-term housing, or hold and develop in the future, this package offers flexibility, income potential, and location-driven value. Enjoy scenic lake views, just minutes from East Jordan’s waterfront, parks, and vibrant small-town charm – yet quietly tucked away near future possibilities. All three homes must be purchased together. Don’t miss out on this rare bundled opportunity with proximity to one of Michigan’s most loved lakes. Disclaimer: All information is deemed reliable but not guaranteed. Buyers are responsible for verifying all details including lot dimensions, property descriptions, room sizes, and any other pertinent information. Any property lines shown in photos or marketing materials are approximate.

801 Sunset Street, East Jordan

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IDX information is provided exclusively for consumers’ personal, non-commercial use, it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed accurate by the MLS. © 2026 NM-MLSX.