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Onsted, MI Apartment Buildings for Sale

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Multi-Family Investment Opportunity
Updated: Aug 6, 2025
Multi-Family Investment Opportunity

409 Connor Street, Onsted, MI 49265

$805,000
0.31 AC lot
Two buildings with 7 total units (415 Connor and 409 Connor, Onsted, MI 49265)
Fully occupied; unit rent listed at $7,625 monthly total (potential increase to $8,325 noted with next increase)
New roof and eaves installed in 2020
All 7 units have remodeled bathrooms; some have remodeled kitchens with quartz countertops, updated cabinetry, sinks, subway tile, and new appliances
Additional updates include new hot water tanks, updated windows on the front, replaced thermostats, smoke/CO detectors, and upgraded electrical switches/outlets
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Fully Occupied Multifamily Investment Property
Updated: Mar 11
Fully Occupied Multifamily Investment Property

409 Connor St, Onsted, MI 49265

$805,000
0.31 AC lot
Fully occupied 7‑unit property generating $7,625 monthly rent, with potential to increase to $8,325 with lease renewals.
Vacant land included, offering potential for building additional units.
Recent updates include a new roof (2020), remodeled bathrooms in all units, and renovated kitchens in some units with quartz countertops and new appliances.
Additional updates such as patio dividers, oak railings, new hot water tanks, updated windows, and upgraded electrical components.
Strong rental history with all units currently occupied.
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Based on your search, we've compiled 10 Potential Opportunities for your consideration. Besides 2 Active listings in Onsted, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Multifamily Investment Opportunity in Hanover
Multifamily Investment Opportunity in Hanover

315 S Jackson St 315, Hanover, MI 49241

$1,500,000
13.00 AC lot

12-unit multifamily property on 13 acres in Hanover, MI.

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Multifamily Portfolio with Duplexes
Multifamily Portfolio with Duplexes

315 S Jackson Street, Hanover, MI 49241

$1,500,000
13.00 AC lot

Twelve leased income units on five duplex buildings and two single-family homes on approximately 13 acres in Hanover, MI.

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Eight-Unit Apartment Building
Eight-Unit Apartment Building

3987 W M 50 Highway, Tipton, MI 49287

$249,900
7,200 sqft 0.18 AC lot

Attractive eight-unit multifamily property suited for residential income with an easy commute to nearby communities.

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Tipton 8-Unit Investment Property
Tipton 8-Unit Investment Property

Tipton, MI 49287

$249,900
0.18 AC lot

8-unit investment property in Tipton, Michigan with easy commute.

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Land Near Shepherd University
Land Near Shepherd University

8285 MARTINSBURG Pike, Shepherdstown, WV 25443

$650,000
3.70 AC lot

Prime land near Shepherd University with development potential.

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Central Business Zoned Development Land
Central Business Zoned Development Land

107 HOWARD Street, La Plata, MD 20646

$250,000
0.23 AC lot

Central Business zoned parcel with plans for a three-story mixed-use building and 15 parking spaces.

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Asheville Development Opportunity: 5.94 Acres
Asheville Development Opportunity: 5.94 Acres

215 N Bear Creek Road, Asheville, NC 28806

$2,500,000
5.94 AC lot

5.94-acre parcel zoned RM6, ideal for multi-family development.

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Greenville Development Opportunity: 1.33 Acres
Greenville Development Opportunity: 1.33 Acres

71 Salters Road, Greenville, SC 29607

$699,900
1.33 AC lot

1.33 acre parcel suitable for multi-family development near downtown.

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Onsted, MI Apartment Buildings Market Trends and Statistics

Explore 2 apartment buildings for sale in Onsted, MI on our real estate platform.

Sale prices for two-family homes in Onsted, MI average $805,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Demographics Overview

Population 5,137
Population Growth (5Y) +0.8%
Median Household Income $70,020
College Educated 36.1%

High-Yield Neighborhoods for Investment

Identify Onsted submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
49265 $805K

Taxes & Financing

Tax Rate (average for all types) 3.94%
Property Tax per SF $91.24 per SF
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Lenawee County

New Delisted

Total CRE Inventory on Market (SF)

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