5-Unit Apartment
411 E State, East Tawas, MI 48730
For Sale
New
$250,000
Each residence has a one-bedroom, one-bathroom layout, and all five units are leased.
Property SizeContact for details
Days on Market2
Property Features for 411 E State
General Information
Standard status
Property subtype
Occupancy
Units
Unit Mix
Multifamily Units
Additional Details
Gross Income
Tenant in Place
Taxes and HOA fees
Annual Taxes
Building Details
Year Built
Units
Listing Agency:
Sterling Properties
Listed By:
SHANNONE BONDIE
(517) 294-0421
Source:
Elliman
Added: Nov 8
Last Checked: Nov 8 at 4:49PM
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 Sterling Properties
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Investment Insights
Based on property information with market context.
The apartment property at 411 E State in East Tawas contains five one-bedroom, one-bathroom units. All five are under lease. The building dates to 1900.
The property is near downtown East Tawas, with shops, restaurants, entertainment, parks, and Lake Huron’s shoreline in the surrounding area. Its reported walk score is 57, rated Somewhat Walkable, and its bike score is 54, rated Bikeable.
The property is near downtown East Tawas, with shops, restaurants, entertainment, parks, and Lake Huron’s shoreline in the surrounding area. Its reported walk score is 57, rated Somewhat Walkable, and its bike score is 54, rated Bikeable.
Key Highlights
- Five apartment units, each with one bedroom and one bathroom
- All five units are under lease
- Built in 1900
Property Analytics
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Lease Details
5
Residential units
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
254
Businesses Nearby
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Business Placement
Demographics for 48730, MI
4,443
Population
3,536
Households
1.3
Avg Household Size
55
Median Age
24%
College-Educated
94%
High-School Grad
81.5 sq mi
ZIP Area
55
Density / Sq Mi
$48,993
Median Household Income
$31,478
Median Earnings
$608
Median Rent
$139,900
Median Home Value
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Market
Vacancy Rate% for Multifamily in Midwest region
Frequently Asked Questions
What type of property is this?
Apartment building - Each residence has a one-bedroom, one-bathroom layout, and all five units are leased.
Where is this apartment building located?
The property is located at 411 E State East Tawas, MI.
What is the asking price?
The asking price for this property is $250,000.
What are key features of this property?
This property features: Five apartment units, each with one bedroom and one bathroom; All five units are under lease; Built in 1900
