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    Onsted, MI
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    Onsted, MI Multifamily Properties for Sale

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    Multi-Family Investment Opportunity
    Updated: Aug 6, 2025
    Multi-Family Investment Opportunity

    409 Connor Street, Onsted, MI 49265

    $805,000
    0.31 AC lot
    Two buildings with 7 total units (415 Connor and 409 Connor, Onsted, MI 49265)
    Fully occupied; unit rent listed at $7,625 monthly total (potential increase to $8,325 noted with next increase)
    New roof and eaves installed in 2020
    All 7 units have remodeled bathrooms; some have remodeled kitchens with quartz countertops, updated cabinetry, sinks, subway tile, and new appliances
    Additional updates include new hot water tanks, updated windows on the front, replaced thermostats, smoke/CO detectors, and upgraded electrical switches/outlets
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    Fully Occupied Multifamily Investment Property
    Updated: Mar 11
    Fully Occupied Multifamily Investment Property

    409 Connor St, Onsted, MI 49265

    $805,000
    0.31 AC lot
    Fully occupied 7‑unit property generating $7,625 monthly rent, with potential to increase to $8,325 with lease renewals.
    Vacant land included, offering potential for building additional units.
    Recent updates include a new roof (2020), remodeled bathrooms in all units, and renovated kitchens in some units with quartz countertops and new appliances.
    Additional updates such as patio dividers, oak railings, new hot water tanks, updated windows, and upgraded electrical components.
    Strong rental history with all units currently occupied.
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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 10 Potential Opportunities for your consideration. Besides 2 Active listings in Onsted, 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.

    Triplex with Sandy Beach Frontage
    Triplex with Sandy Beach Frontage

    3440 Geneva Highway, Manitou Beach, MI 49253

    $749,000
    0.24 AC lot

    Triplex with three units and more than 90 feet of sandy beach frontage, featuring attractive hardscape and simple floor plans.

    View details
    Restaurant with Dock and Apartments
    Restaurant with Dock and Apartments

    Manitou Beach, MI 49253

    $750,000

    Established restaurant includes three 2-bedroom, 1-bath apartments above and access to both Devils Lake and Round Lake.

    View details
    Eight-Unit Apartment Building
    Eight-Unit Apartment Building

    3987 W M 50 Highway, Tipton, MI 49287

    $249,900
    7,200 sqft 0.18 AC lot

    Attractive eight-unit multifamily property suited for residential income with an easy commute to nearby communities.

    View details
    Tipton 8-Unit Investment Property
    Tipton 8-Unit Investment Property

    Tipton, MI 49287

    $249,900
    0.18 AC lot

    8-unit investment property in Tipton, Michigan with easy commute.

    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.

    Expansive Land with Development Potential
    Expansive Land with Development Potential

    VL N Fleming Road, Fowlerville, MI 48836

    $6,900,000
    354.27 AC lot

    350+ acres of prime land with two scenic lakes.

    View details
    Residential Land in Riverdale
    Residential Land in Riverdale

    N Lumberjack Road, Riverdale, MI 48877

    Contact for pricing
    0.67 AC lot

    Vacant residential land suitable for building or mobile home placement.

    View details
    Residential Land in Mount Gilead
    Residential Land in Mount Gilead

    7326 State Route 19, Mount Gilead, OH 43338

    Contact for pricing
    0.40 AC lot

    Land available in Mount Gilead with lake amenities.

    View details
    Sanford Vacant Land with Utilities
    Sanford Vacant Land with Utilities

    978 timberlynn trail, Sanford, MI 48657

    Contact for pricing
    0.80 AC lot

    Two lots with water and electric hookups, lake access.

    View details

    Onsted, MI Multifamily Properties Market Trends and Statistics

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

    Sale prices for multifamily properties in Onsted, MI average $805,000 — 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

    Apartment buildings 2

    Demographics Overview

    Population 5,137
    Population Growth (5Y) +0.8%
    Median Household Income $70,020
    College Educated 36.1%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    49265 $805K

    Taxes & Financing

    Tax Rate (average for all types) 3.94%
    Property Tax per SF $91.24 per SF
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Lenawee County

    New Delisted

    Total CRE Inventory on Market (SF)

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