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    Onekama, MI Multifamily Properties for Sale

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    Manistee, MI Bear Lake, MI Eastlake, MI
    Renovated Triplex on Portage Lake
    $1,099,000
    0.21 Acres
    Renovated Triplex on Portage Lake

    4642 Main Street, Onekama, MI 49675

    Income-generating, renovated triplex with private dock on Portage Lake.
    • Three separate, fully renovated units offer immediate income potential.
    • Portage Lake waterfront property with private dock provides direct access for boating.
    • Prime location near Onekama Marina, public parks, and a boat launch.
    • Renovated units feature new flooring, appliances, and updated finishes.
    • West‑facing windows provide breathtaking Portage Lake sunset views.
    Updated: Nov 12, 2025
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    Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 1 Active listings in Onekama, 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.

    Commercial Building Near Bear Lake
    $325,000
    1,632 SF
    Commercial Building Near Bear Lake

    Versatile commercial building on a main highway with multi-use zoning.

    11660 Chippewa Highway, Bear Lake, MI 49614

    View details
    Manistee Duplex Investment Opportunity
    $205,000
    0.09 Acres
    Manistee Duplex Investment Opportunity

    Turnkey duplex near downtown and Riverwalk, excellent income potential.

    75 Filer Street, Manistee, MI 49660

    View details
    Updated Duplex in Manistee, MI
    $205,000
    0.09 Acres
    Updated Duplex in Manistee, MI

    Well-maintained duplex with modern updates, ideal for investment or owner-occupancy.

    264 6th Avenue, Manistee, MI 49660

    View details
    Office Building Near Bear Lake
    $325,000
    Office Building Near Bear Lake

    Office building on a main highway with multi-use zoning.

    11660 Chippewa Highway, Bear Lake, MI 49614

    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.

    Land For Sale
    $67,999
    Land For Sale

    Land available in Mason County.

    4993 E Wetland Trail, Custer, MI 49405

    View details
    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
    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

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    Menominee City Building Lot
    Contact for pricing
    0.21 Acres
    Menominee City Building Lot

    Building lot near Henes Park, ready for construction.

    605 46th Avenue, Menominee, MI 49858

    View details

    Onekama, MI Multifamily Properties Investment Opportunities Market Analysis

    Explore 1 multifamily properties for sale in Onekama, MI on our real estate platform. These investment opportunities span a total of 0 square feet of properties for sale, with an estimated market value of $1,099,000.

    Sale prices for multifamily properties in Onekama, MI start at $1,099,000, averaging $1,099,000, and reaching up to $1,099,000 — 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 894
    Population Growth (5Y) -13.1%
    Median Household Income $68,750
    College Educated 59.3%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    49675 $1.1M

    Taxes & Financing

    Tax Rate (average for all types) 3.99%
    Tax Rate vs County Average 0.18 pp above county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Manistee County

    New Delisted

    Total CRE Inventory on Market (SF)

    Average Property Price per SF

    For-sale pricing trends across core commercial property types in Manistee County

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