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    Fully Occupied Multifamily Investment Property Title is generated by Realmo AI

    409 Connor St, Onsted, MI 49265

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    For Sale
    $805,000

    Two buildings with seven units, fully occupied with rental income.

    Type:Investment
    Lot size:
    0.31 Acres
    Added:
    Mar 11, 2026
    Days on Market:
    119
    Last Refresh:
    Jul 2 at 7:18 pm

    Property Features for 409 Connor St

    General Information

    Standard status
    Active
    Lot size
    0.31 Acres
    Property subtype
    Investment

    Building Details

    Year Built
    1990

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    Rebecca Kellar

    Listing office Pellow Realty Group

    Listing date Mar 11, 2026

    Source Elliman

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    All listing content including descriptions, pricing, images are the copyrighted material of Pellow Realty Group

    HighLights

    • 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.
    • Potential future expansion with option to purchase neighboring apartment buildings.

    Overview

    This property features two buildings with a total of seven units, all of which are currently occupied. A new roof and eaves were installed in 2020. All seven units have remodeled bathrooms, and some feature fully renovated kitchens with quartz countertops, updated cabinetry, sinks, subway tile, and new appliances. Additional updates include patio dividers, oak railings, new hot water tanks, quarry tile flooring in three units, updated windows on the front, replaced thermostats, smoke/CO detectors, and upgraded electrical switches/outlets. The unit mix consists of two-bedroom, one-bathroom layouts. The total monthly rent is $7,625, with a potential increase to $8,325 with the next rent increase. Individual unit rents range from $1,000 to $1,200 per month. There is vacant land adjacent to the property that could be used to build additional units.
    Property Profile Location Intelligence

    Current Use by Public Records

    Whitt Lawn Care, ... Landscaping Loose Grit Detailing Big Box & Wholesale Store

    Suggested Use

    Big Box & Wholesale Store Law Firm Auto Parts Store Gym & Fitness Center Spa & Massage Center Storage Facility Restaurant Food Market Accounting Firm HVAC Service

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

    Location Insight

    • Map
    • Local Demand
    City
    Onsted
    County
    Lenawee
    State
    Michigan
    Longitude
    -84.188
    Latitude
    42.0124

    FAQs

    What type of property is this?
    Apartment building - Two buildings with seven units, fully occupied with rental income.
    Where is this apartment building located?
    The property is located at 409 Connor St Onsted, MI.
    What is the asking price?
    The asking price for this property is $805,000.
    What are key features of this property?
    This property features: 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.
    More about this property
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