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7-Unit Apartment Building
For Sale
$799,000

409 Connor Street, Onsted, MI 49265

Two-building multifamily property with remodeled bathrooms throughout.

Property SizeContact for details
Days on Market8

Property Features for 409 Connor Street

General Information

Standard status Active
Total Parking Spaces 14
Property subtype Multi Family Home
Occupancy 100%

Units

Unit Mix 7 x 2BR/1BA
Multifamily Units 7

Taxes and HOA fees

Annual Taxes $10,136

Building Details

Year Built 1990
Buildings 2
Units 7
Listing Agency: Pellow Realty Group
Listed By: Rebecca Kellar · License #6501313703
Source: Thebrokeragehouse
Added: Aug 24 Changed: Aug 28 Last Checked: Aug 28 at 11:30AM

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

Investment Insights

Based on property information with market context.

This multifamily property at 409 Connor Street and 415 Connor Street in Onsted comprises two buildings with seven total apartments. Each unit offers two bedrooms and one bathroom, and the property is fully occupied. Bathroom renovations are complete across all units, while select apartments also feature upgraded kitchens with quartz countertops, newer cabinetry, sinks, subway tile, and appliances.

The property received a new roof and eaves in 2020. Additional improvements include patio dividers, oak railings, new hot water tanks, quarry tile flooring in three units, updated front windows, replacement thermostats, smoke and carbon monoxide detectors, and upgraded electrical switches and outlets. Vacant land is located beside the buildings, providing an additional site area associated with the property.

Key Highlights

  • Seven 2‑bedroom, 1‑bathroom apartments across two buildings
  • Fully occupied multifamily property
  • New roof and eaves installed in 2020

Property Analytics

Current Use

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

Suggested Use

Top Pick Big Box & Wholesale Store Auto Parts Store HVAC Service Auto Repair Shop Storage Facility Grocery & Convenience Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

7
Residential units
100%
Occupancy

Location Intelligence

Trade Area within ½ mile

85
Businesses Nearby

Demographics for 49265, MI

5,055
Population
2,468
Households
2
Avg Household Size
49
Median Age
27%
College-Educated
95%
High-School Grad
32.4 sq mi
ZIP Area
156
Density / Sq Mi
$70,020
Median Household Income
$44,914
Median Earnings
$903
Median Rent
$245,100
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Two-building multifamily property with remodeled bathrooms throughout.
Where is this apartment building located?
The property is located at 409 Connor Street Onsted, MI.
What is the asking price?
The asking price for this property is $799,000.
What are key features of this property?
This property features: Seven 2‑bedroom, 1‑bathroom apartments across two buildings; Fully occupied multifamily property; New roof and eaves installed in 2020
More about this property
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