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    Lake Odessa, MI
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    Lake Odessa, MI Multifamily Properties for Sale

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    Clarksville, MI Woodland, MI Sunfield, MI Ionia, MI Freeport, MI Saranac, MI Hastings, MI Portland, MI
    Duplex-Style Apartment Community
    Updated: Jul 18
    Duplex-Style Apartment Community

    1030 Te Ann Ct, Lake Odessa, MI 48849

    $1,325,000
    2.90 AC lot
    18‑unit multifamily property at 1030 Te Ann Court in Lake Odessa, MI (Ionia County)
    Built in 1959 with nine duplex‑style buildings on approximately 2.90 acres
    Unit mix: 8 one‑bedroom/one‑bath units and 10 two‑bedroom/one‑bath units
    Off‑street parking and tenant‑paid gas and electric
    Low‑density duplex configuration offers a more residential setup than conventional garden‑style apartments
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    Renovated Duplex with Garage
    Updated: Aug 1
    Renovated Duplex with Garage

    1055 Tupper Lake St, Lake Odessa, MI 48849

    $269,900
    Two‑unit duplex renovated in 2023
    New roof installed on both the house and detached garage
    Updated electrical and plumbing systems
    Two new furnaces and two new water heaters
    Separate utilities for each unit
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    See what stands out in Ionia County

    We check every for-sale listing in the county against comparable properties across the country. Most price about where you would expect. A few are worth a second look.

    We check every listing here. A few are worth a second look.

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    Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 2 Active listings in Lake Odessa, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Mixed-Use Building with Retail and Apartments
    Mixed-Use Building with Retail and Apartments

    405 W Main Street, Ionia, MI 48846

    $700,000
    11,386 sqft 0.21 AC lot

    Fully leased mixed-use building with street-level retail and five leased apartments on the second floor.

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    Leased Mixed-Use Building with Retail
    Leased Mixed-Use Building with Retail

    W 405 W Main Street Unit SourceFi, Ionia, MI 48846

    $700,000
    11,386 sqft

    Fully leased mixed-use building with street-level retail and five leased second-floor apartments.

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    Updated Multifamily Property
    Updated Multifamily Property

    330 W Mill St, Hastings, MI 49058

    $279,900
    2,400 sqft

    Vinyl siding, vinyl windows, and a roof replaced in 2021 contribute to the property’s maintained exterior.

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    Updated-Exterior Triplex
    Updated-Exterior Triplex

    330 W Mill Street, Hastings, MI 49058

    $279,900
    0.15 AC lot

    The property includes forced-air heating, driveway parking, and public sewer service.

    View details

    Lake Odessa, MI Multifamily Properties Market Trends and Statistics

    Explore 2 multifamily properties for sale in Lake Odessa, MI on our real estate platform.

    Sale prices for multifamily properties in Lake Odessa, MI start at $269,900, averaging $797,450, and reaching up to $1,325,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Duplexes 2

    Demographics Overview

    Population 5,801
    Population Growth (5Y) -3.2%
    Median Household Income $79,423
    College Educated 24.8%

    High-Yield Neighborhoods for Investment

    Identify Lake Odessa submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    48849 $797.5K

    Taxes & Financing

    Tax Rate (average for all types) 3.33%
    Property Tax per SF $74.55 per SF
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Ionia County

    New Delisted

    Total CRE Inventory on Market (SF)

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    Most Searched ZIP Codes in Lake Odessa, MI

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