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    4642 Main St Onekama, MI 49675

    For Sale
    $1,200,000

    MULTI_FAMILY - Onekama, MI

    Lot size:
    0.21 Acres
    Days on Market:
    17
    Last Refresh:
    Dec 7 at 3:06 pm

    Property Features for 4642 Main St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Rooms
    Bedroom 5, Bedroom 6, Bathroom 4, Basement, Bedroom 2, Bathroom 3, Bedroom 1, Bathroom 1, Bedroom 4, Bedroom 7, Bedroom 8, Bedroom 3, Bathroom 5, Bathroom 2
    Bedrooms
    8
    APN
    41-450-026-00
    Parking
    4
    Basement
    Walk-Out Access, Full
    Lot size
    0.21 Acres

    Utilities

    Utilities
    Cable Available
    Sewer type
    Septic Tank
    Heating system
    Hot Water(Heating), Baseboard
    Water source
    Well
    Water front features
    Lake
    Water front
    1

    Building Details

    Year built
    1940
    Number of units
    3
    Building materials
    Stone
    Roof type
    Rubber

    Five Star Real Estate (Jenison) (616) 723-2400

    Listing agent Corinn Fink (616) 791-1500

    Listing date Nov 21, 2025

    MLS# 25057997 Listing URL

    Copyright © 2025 Montcalm County Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Renovated Triplex on Portage Lake

    This recently renovated property presents a rare investment opportunity on Portage Lake along scenic M-22. The property features three separate units, making it ideal for long-term or short-term rental income. Alternatively, one unit could be owner-occupied while using another as a guest house. New flooring and appliances have been installed throughout. Included with the property are a dock and storage shed. The location provides easy access to Lake Michigan, Arcadia Bluffs, the Glenwood, and the attractions of Onekama and M-22. Public parking is available next door and down the street, along with a public boat launch. The property is near Onekama Marina. West-facing windows offer views of Portage Lake sunsets. The sale includes two parcels: 41-300-034-00 and 41-450-026-00. The lot size is 0.21 acres. The property is located at 4642 Main Street, Onekama, MI 49675.
    Property Profile Location Intelligence

    Current Use by Public Records

    Triplexes

    Suggested Use

    Restaurant Realty agency Building Supply Spa & Massage Auto Repair Shop Hair Salon Nail Salon Clothing Store Hotel & Motel Kitchen & Bath

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Onekama
    County
    Manistee
    State
    Michigan
    Longitude
    -86.209433
    Latitude
    44.365337

    Nearby Similar for Sale

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      0.89 Acres

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      8195 5Th St, Onekama, MI 49675
      View Details
    • $749,000
      2,056 SF

      Victorian Bed & Breakfast Near Lake

      Charming Victorian home with modern updates, near Portage Lake.
      8195 5Th St, Onekama, MI 49675
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    • $390,000
      800 SF

      Onekama Commercial Space with Residence

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    FAQs

    What type of property is this?
    Triplex - Rare investment opportunity with three units on scenic M-22.
    Where is this triplex located?
    The property is located at 4642 Main St Onekama, MI.
    What is the asking price?
    The asking price for this property is $1,200,000.
    What are key features of this property?
    This property features: - Rare investment opportunity with three separate units, ideal for rental income or owner-occupied with guest house.; - **Recently renovated with new flooring and appliances.**; - **Located on Portage Lake along scenic M-22 with west-facing windows for spectacular sunsets.**
    (616) 791-1500
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    4642 Main St Onekama, MI 49675
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