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$229,900
4 Beds 3 Baths 20261061156 MLS
Own a piece of history with this character-filled home offering nearly 2,000 square feet of living space. Rich in character and thoughtfully updated, this spacious 4-bedroom, 2.5-bath home features custom woodwork throughout and provides the comfort of city amenities with the warm, inviting feel of a northern Michigan retreat. The main floor includes a convenient bedroom with a private half bath and optional laundry hookup, making it an ideal guest suite or primary bedroom. The home also offers two full bathrooms, including one with a tub/shower combination and another with a custom-tiled walk-in shower. The kitchen features brand-new stainless steel and black appliances, while an additional half bath includes a stackable laundry hookup, providing the option for a second laundry area. Recent improvements include a newer roof, double-pane windows, new exterior and interior doors, vinyl flooring throughout, and an electric fireplace that creates a cozy gathering space. Additional living areas include a bright sunroom, a versatile loft, and a flexible nook perfect for a home office, reading area, or sitting space. Outside, enjoy the covered front porch for relaxing and the rear patio for outdoor dining and entertaining. The full and clean basement with a concrete floor and walk-out access offers excellent storage. A detached 2-car block garage with electricity completes the property. If you're looking for a home with historic character, thoughtful updates, and generous living space, this unique property is ready for its next chapter.

112 Alexander St, Caro

Courtesy of Donley Realty 9896352654

$92,700
3 Beds 1 Baths 20261060793 MLS
Investment opportunity with an occupied three-bedroom, one-bath first-floor unit featuring a kitchen, living room, and in-unit laundry. The first-floor unit is currently rented for $750 per month on a month-to-month basis, with the tenant paying utilities and handling lawn mowing. The second floor has a separate entrance and offers the potential to create a spacious one-bedroom apartment or additional income-producing unit after renovations are completed. This could be an excellent opportunity for an owner-occupant to live in one unit while renting the other. The second floor has separate gas service, while the electrical service is currently disconnected and will require evaluation and completion. The owner also began replacing the main cast-iron drain line. The property is currently being used as one rental unit. Buyer and buyer’s agent should independently verify zoning, permitted use, rental certification, utility services, and all requirements necessary to complete and legally occupy the second-floor space. Rooms weren't measured & Square footage is estimated

402 Black St, Caro

Courtesy of Epique Realty 2482182604

$92,700
2 Baths 20261060776 MLS
Investment opportunity with an occupied three-bedroom, one-bath first-floor unit featuring a kitchen, living room, and in-unit laundry. The first-floor unit is currently rented for $750 per month on a month-to-month basis, with the tenant paying utilities and handling lawn mowing. The second floor has a separate entrance and offers the potential to create a spacious one-bedroom apartment or additional income-producing unit after renovations are completed. This could be an excellent opportunity for an owner-occupant to live in one unit while renting the other. The second floor has separate gas service, while the electrical service is currently disconnected and will require evaluation and completion. The owner also began replacing the main cast-iron drain line. The property is currently being used as one rental unit. Buyer and buyer’s agent should independently verify zoning, permitted use, rental certification, utility services, and all requirements necessary to complete and legally occupy the second-floor space.

402 Black St, Caro

Courtesy of Epique Realty 2482182604

$150,000
20261038793 MLS
Freestanding commercial building located in (Caro, MI), positioned on a busy main road in a growing area near major retailers. This building offers approximately 2,264 square feet of space and is part of a two-building package deal—both buildings must be purchased together and will not be sold separately. Currently vacant, the property presents strong visibility and great potential with its prime location. A smoke shop business is available with the building if desired, though not required; if the buyer wishes to keep the business, the inventory must be purchased separately. This is a solid opportunity for business owners, investors, or franchise developers looking to establish a presence in an expanding commercial zone.

1223 E Caro Rd, Caro

Courtesy of Keller Williams Home 2486262100

$1,280,000
20251011892 MLS
Welcome to The Himelhoch Bed & Breakfast, a fully furnished turnkey investment opportunity in the heart of downtown Caro, Michigan. This rare offering includes two restored Victorian properties, the operating business entity, furnishings, décor, linens, booking systems, and business assets, creating a seamless opportunity for a new owner to step into an established hospitality business. Together, The Himelhoch House (1883) and The Parsonage (1902) offer timeless character, modern comfort, and income potential. The main estate features a grand wraparound porch, formal dining room, parlor, game room, premium guest suites with private en-suite baths, and finished lower-level living space ideal for owner’s quarters, an on-site innkeeper, or future revenue expansion. The Parsonage offers additional guest rooms, each with private en-suite baths, along with a private corporate apartment suited for extended-stay income or management housing. The business generated over $200,000 in gross sales for 2025 at approximately 40% occupancy, with current revenue driven by standard bookings. Significant upside is available through expanded marketing, weddings, private events, mid-week packages, extended stays, and future room expansion opportunities. Both homes have been thoughtfully restored and updated while preserving their historic Victorian charm. Major improvements include new roofs, high-efficiency furnaces, water heaters, electrical, plumbing and key infrastructure updates designed to support a smooth transition for the next owner. Ample on-site parking, inviting outdoor spaces, a relaxing hot tub, and guest-friendly gathering areas add to the experience. Located just a short drive from Frankenmuth, Caseville, Bay City, Saginaw and other Mid-Michigan destinations, The Himelhoch Bed & Breakfast offers a unique blend of history, hospitality and investment potential. Complete financials, inventory lists, and private tours are available to qualified buyers upon NDA.

103 N Almer St, Caro

Courtesy of Epique Realty 2482182604

$109,900
20240024967 MLS
A former dry cleaning building is up for sale for you! The long-time owners of the building are ready to retire their business after over 40 years of service and no longer need the use of the building. This impressive business building offers over 1600 sq. ft. of working space featuring a reception room to receive customers, a large utility room, laundry room, half bathroom, and a boiler room. This building comes with two large lots and a large, asphalted parking lot. This building has lots of potential for your commercial needs. Make your appointment today to look at this building and see if it’s a good fit for your needs. Reception Room 22x20 Pressing Room 22x29 Wash Room 21x19 Bath 5x5 Building 13x22 Natural Gas-Boiler

815 Gibbs St, Caro

Courtesy of J McLeod Realty, Inc-Caro 9896736106

IDX provided courtesy of Realcomp II Ltd., via Five Star Real Estate Leaders. Copyright 2026 Realcomp II Ltd. Shareholders. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing and that the data is deemed reliable but not guaranteed accurate by the MLS.