Riverfront
For Sale
$274,000
7039 River Bend Drive, Onaway, MI 49765
Three residential units offer a two-bedroom, two-bedroom, and one-bedroom configuration with covered deck space.
Property Size2,464 SF
Price / SF$111.20
Days on Market198
Property Features for 7039 River Bend Drive
General Information
Standard status
Active
Size
2,464 SF
Property subtype
Residential Income / Triplex
Units
Unit Mix
2 x 2BR, 1 x 1BR
Multifamily Units
3
Amenities
Other
Natural Gas
Yes
No
5
Covered, Deck
Building Details
Buildings
3
Listing Agency:
State Wide Real Estate of Onaway
(989) 306-3460
Listed By:
Daniel A Dougherty · License #6506041216
(989) 306-3460
Source:
Compass
Added: Feb 14
Changed: Aug 30
Last Checked: Aug 30 at 11:49PM
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 State Wide Real Estate of Onaway
Investment Insights
Based on property information with market context.
This triplex comprises three residential units totaling 2,464 square feet. Units 1 and 2 each contain two bedrooms, while Unit 3 provides one bedroom. Individual layouts include kitchens, living or dining areas, bathrooms, and additional pantry or storage space. Covered deck areas complement the waterfront setting, and natural gas is listed among the interior features.
The property includes approximately 90 feet along a riverfront setting. All three units are currently occupied by tenants, and showings require 48 hours’ notice. Unit 1 received a new water heater in June of 2025; its refrigerator is tenant owned.
The property includes approximately 90 feet along a riverfront setting. All three units are currently occupied by tenants, and showings require 48 hours’ notice. Unit 1 received a new water heater in June of 2025; its refrigerator is tenant owned.
Key Highlights
- Three‑unit property totaling 2,464 square feet
- Unit mix includes two 2‑bedroom units and one 1‑bedroom unit
- Approximately 90 feet of riverfront
Property Analytics
Current Use
Lease Details
3
Residential units
Location Intelligence
Trade Area within ½ mile
1
Businesses Nearby
Explore this area
Business Placement
Demographics for 49765, MI
3,898
Population
2,787
Households
1.4
Avg Household Size
50
Median Age
15%
College-Educated
89%
High-School Grad
238.1 sq mi
ZIP Area
16
Density / Sq Mi
$53,125
Median Household Income
$33,107
Median Earnings
$753
Median Rent
$114,300
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
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Frequently Asked Questions
What type of property is this?
Triplex - Three residential units offer a two-bedroom, two-bedroom, and one-bedroom configuration with covered deck space.
Where is this triplex located?
The property is located at 7039 River Bend Drive 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‑unit property totaling 2,464 square feet; Unit mix includes two 2‑bedroom units and one 1‑bedroom unit; Approximately 90 feet of riverfront
