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7039 River Bend Dr Onaway, MI 49765

For Sale
$274,000

MULTI_FAMILY - Bungalow - Onaway, MI

Days on Market:
9
Last Refresh:
Dec 12 at 4:06 am

Property Features for 7039 River Bend Dr

General Information

Property type
Residential Multi Family
Property subtype
Other
Standard status
Active
Rooms
Bedroom 5, Bedroom 3, Bedroom 4, Bathroom 3, Bedroom 2, Bathroom 2, Bathroom 1, Bedroom 1
Bedrooms
5
APN
231-T04-001-002-01

Utilities

Sewer type
Shared Septic
Heating system
Natural Gas
Water source
Well
Water front
1

Building Details

Number of units
3
Building materials
Vinyl, Wood
Architectural style
Bungalow

State Wide Real Estate of Onaway (989) 733-6522

Listing agent Daniel A Dougherty (989) 733-6522

Listing date Dec 4, 2025

MLS# 201837736 Listing URL

Copyright © 2025 Water Wonderland Board 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

Riverfront Triplex Investment Opportunity

This property features three homes situated along 90 feet of Black River. Currently operating as rental units, these dwellings offer potential as a family compound or investment property, with the option to live in one unit and rent out the others for short- or long-term stays. Unit 1 includes 2 bedrooms and 1 bathroom within its 864 square feet, with bedroom sizes of 11.6x9.3, a kitchen of 9x11, a living room of 13x17, and a bathroom of 6x9. Unit 2 offers 2 bedrooms and 1 bathroom within its 900 square feet, with bedroom sizes of 12 x 13 and 10x11.5, a combined kitchen-living area of 16x16, a dining area of 7x11, a pantry of 5x6 and a bathroom of 7x6. Unit 3 features 1 bedroom and 1 bathroom within its 700 square feet, with a combined kitchen-living-dining area of 14x16, a bedroom of 10x10, and a bathroom of 9,5x6. Please note that 48-hour notice is required for showings due to tenants. A new water heater was installed in Unit 1 in June of 2025.
Property Profile Location Intelligence

Current Use by Public Records

Triplexes

Suggested Use

Nursing Home Assisted Living Facility

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

Location Insight

  • Map
  • Local Demand
City
Onaway
County
Presque Isle
State
Michigan
Longitude
-84.292893
Latitude
45.354637

FAQs

What type of property is this?
Triplex - Three charming homes on Black River, ideal for investors.
Where is this triplex located?
The property is located at 7039 River Bend Dr Onaway, MI.
What is the asking price?
The asking price for this property is $274,000.
What are key features of this property?
This property features: - Three Homes on 90 Feet of Black River/Tower Pond Waterfront; - Investment Opportunity: Currently Used as Rental Units; - Versatile Property: Potential for Family Compound or Rental Income
More about this property
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