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    Ontonagon, MI
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    Ontonagon, MI Multifamily Properties for Sale

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    Greenland, MI White Pine, MI Bruce Crossing, MI
    Mixed-Use Property with Retail Spaces
    $399,000
    14,750 SF

    Mixed-Use Property with Retail Spaces

    900 River, Ontonagon, MI 49953

    Mixed-use property featuring a move-in ready apartment and retail spaces.

    • Move‑in ready 2800 sq ft apartment with 3+ bedrooms and 2 full baths on the second level.
    • Convenient downtown location with plenty of parking.
    • 14 potential retail spaces and 3 baths on the lower level.
    • Adjacent to the Ontonagon River with waterfront features including Lake/River Access and River Frontage.
    • ADA Accessible interior and exterior.
    Updated: Feb 18
    View details
    Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 1 Active listings in Ontonagon, 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.

    Houghton Duplex with Landmark Views
    $275,000
    2,624 SF

    Houghton Duplex with Landmark Views

    Investment duplex with potential for single-family conversion and landmark views.

    309 W Montezuma, Houghton, MI 49931
    View details
    Calumet Two-Unit Duplex For Sale
    $99,500
    2,063 SF

    Calumet Two-Unit Duplex For Sale

    Two-unit duplex in Calumet, MI, near downtown shops and restaurants.

    419 Seventh, Calumet, MI 49913
    View details
    Premier Student Housing Community
    Contact for pricing

    Premier Student Housing Community

    A 428-bed student housing community near Michigan Tech.

    408 Fairview St, Houghton, MI 49931
    View details
    Calumet Historic District Business Opportunity
    $850,000
    13,300 SF

    Calumet Historic District Business Opportunity

    Profitable cafe, brewery, and apartments in historic Calumet district.

    300 Sixth, Calumet, MI 49913
    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.

    Residential Land Near Henes Park
    Contact for pricing
    0.21 Acres

    Residential Land Near Henes Park

    Vacant city lot ready for building near Henes Park.

    605 46th, Menominee, MI 49858
    View details
    Commercial Land Near Freeway
    $799,000
    9.20 Acres

    Commercial Land Near Freeway

    9 acre commercial property near freeway in Hinckley, Minnesota.

    101 Morris Avenue, Hinckley, MN 55037
    View details
    Waterfront Land on Fish Lake
    $550,000
    4.00 Acres

    Waterfront Land on Fish Lake

    4+ acres of waterfront property on crystal-clear Fish Lake.

    W12381 COUNTY ROAD GG, Hancock, WI 54943
    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

    Ontonagon, MI Multifamily Properties Investment Opportunities Market Analysis

    Explore 1 multifamily properties for sale in Ontonagon, MI on our real estate platform. These investment opportunities span a total of 14,750 square feet of properties for sale, with an estimated market value of $399,000.

    Sale prices for multifamily properties in Ontonagon, MI start at $399,000, averaging $399,000, and reaching up to $399,000 — 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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    Operating Costs & Financing

    Ontonagon property taxes are above the county average by 0.14 percentage points. Average Loan-to-Value is 65.0%.

    Tax Rate (average for all types) 4.14%
    Tax Rate vs County Average 0.14 pp above county avg
    Avg Loan-to-Value 65.0%

    New Listings Trend, 12 Mo

    Number of new listings by month over the past year in Ontonagon.

    Leading Commercial Asset Segments

    Apartment buildings 1

    Ontonagon Demographics Overview

    Population 2,261
    Population Growth (5Y) -10.2%
    Median Household Income $55,647
    College Educated 25.0%

    Top Neighborhoods for Investment

    Discover the areas of Ontonagon with the highest concentration of for-sale assets and compare their average market prices.

    Neighborhood Price Range Average Price
    49953 $134K - 469K $301.5K

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