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    Onaway, MI Multifamily Properties for Sale

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    Millersburg, MI Cheboygan, MI Afton, MI
    Riverfront Triplex Investment Opportunity
    $274,000
    2,484 SF
    Riverfront Triplex Investment Opportunity

    7039 River Bend Drive, Onaway, MI 49765

    Three riverfront homes with rental income potential in Onaway, Michigan.
    • Three rental homes along 90 feet of Black River/Tower Pond waterfront
    • Unit 1: 2 bedrooms, 864 SF; living room 13x17; kitchen 9x11; bath 6x9
    • Unit 2: 2 bedrooms, 900 SF; kitchen‑living 16x16; dining 7x11; bath 7x6
    • Unit 3: 1 bedroom, 700 SF; kit‑living‑dining 14x16; bedroom 10x10
    • Heating: natural gas; water source: well; sewer: shared septic
    Updated: Mar 12
    View details
    Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 1 Active listings in Onaway, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

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

    Gaylord Duplexes: Income Opportunity
    $725,000
    3,440 SF
    Gaylord Duplexes: Income Opportunity

    Two duplexes built in 2023, great for rental income.

    126 & 128 E Mill Street, Gaylord, MI 49735

    View details
    Remodeled Duplex in Prime Location
    $559,900
    2,318 SF
    Remodeled Duplex in Prime Location

    Updated duplex near Gaslight district, shopping, and recreation.

    415 Liberty, Petoskey, MI 49770

    View details
    Gaylord Commercial Opportunity For Sale
    $289,000
    Gaylord Commercial Opportunity For Sale

    Fourplex and office building with development potential on South Otsego.

    2258 S Otsego Avenue, Gaylord, MI 49735

    View details
    Petoskey Multifamily Investment Opportunity
    $850,000
    Petoskey Multifamily Investment Opportunity

    Well-maintained 6-unit multifamily property near downtown Petoskey.

    524 State St, Petoskey, MI 49770

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Breathtaking Farmland Development Opportunity
    $2,950,000
    74.20 Acres
    Breathtaking Farmland Development Opportunity

    72 acres of high-elevation farmland with sweeping, multi-directional views.

    Parcel C E Duck Lake Road, Suttons Bay, MI 49682

    View details
    Traverse City Land with Utilities
    $59,000
    0.52 Acres
    Traverse City Land with Utilities

    Half-acre lot with well, septic, gas, and electric hookup.

    4866 Luanne Lane, Traverse City, MI 49685

    View details
    Improved Marina Condominium Lot
    Contact for pricing
    0.01 Acres
    Improved Marina Condominium Lot

    Includes a boat slip and improved trailer setup for low-maintenance seasonal recreation near Au Gres amenities.

    831 S Main Street, Au Gres, MI 48703

    View details
    Recreational Land in Gated Community
    $44,000
    0.75 Acres
    Recreational Land in Gated Community

    0.75-acre lot with hookups in White Birch Lakes Association.

    4537 Pine Run, Farwell, MI 48622

    View details

    Onaway, MI Multifamily Properties Market Trends and Statistics

    Explore 1 multifamily properties for sale in Onaway, MI on our real estate platform. These investment opportunities span a total of 2,484 square feet of properties for sale, with an estimated market value of $274,000.

    Sale prices for multifamily properties in Onaway, MI start at $274,000, averaging $274,000, and reaching up to $274,000 — 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

    Short term rental properties 1
    Triplexes 1

    Demographics Overview

    Population 4,287
    Population Growth (5Y) +15.9%
    Median Household Income $53,125
    College Educated 19.0%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    49765 $274K

    Taxes & Financing

    Tax Rate (average for all types) 3.24%
    Tax Rate vs County Average 1.42 pp below county avg
    Average Loan-to-Value 65.0%

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