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    Ontonagon, MI
    Quadplex

    Ontonagon, MI Quadplexes for Sale

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    Greenland, MI Rockland, MI Carp Lake, MI Mass City, MI White Pine, MI Toivola, MI Ewen, MI Nisula, MI
    Four-Unit Commercial Income Property
    Updated: Jul 28
    Four-Unit Commercial Income Property

    122 GREELAND RD, Ontonagon, MI 49953

    $159,900
    2,400 sqft 0.59 AC lot
    4‑unit commercial rental in Ontonagon built in 1991, converted from a former daycare
    Approximately 2,400 SF commercial income property with fully occupied tenant units
    Current monthly income noted as $1,200 across the 4 tenants
    Newer roof; vinyl siding; asphalt roof; forced air heating with natural gas
    On a large lot with a large parking lot for in‑and‑out traffic
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    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Ontonagon, 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.

    Winter WI Fourplex Investment Opportunity
    Winter WI Fourplex Investment Opportunity

    6628W MARION ST, Winter, WI 54896

    $299,900
    1.07 AC lot

    Income-producing fourplex near Doc Smith Park and Tuscobia Trail.

    View details
    Winter, WI Investment Opportunity
    Winter, WI Investment Opportunity

    6628W MARION ST, Winter, WI 54896

    $299,900
    1.07 AC lot

    Multifamily property near Tuscobia Trail, ideal for recreational enthusiasts.

    View details
    Minocqua Fourplex Investment Opportunity
    Minocqua Fourplex Investment Opportunity

    9506 CORY LN, Minocqua, WI 54548

    $344,900
    0.33 AC lot

    Four-unit property near downtown Minocqua with income potential.

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    Minocqua Fourplex Investment Opportunity
    Minocqua Fourplex Investment Opportunity

    9503 CORY LN, Minocqua, WI 54548

    $274,900
    0.37 AC lot

    Fourplex in Minocqua with diverse floorplans and close to town.

    View details

    Ontonagon, MI Quadplexes Market Trends and Statistics

    Explore 1 quadplexes for sale in Ontonagon, MI on our real estate platform. These investment opportunities span a total of 2,400 square feet of properties for sale, with an estimated market value of $159,900.

    Sale prices for four-unit buildings in Ontonagon, MI average $159,900 — 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

    Quadplexes 1

    Demographics Overview

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

    Taxes & Financing

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

    Listings Trend

    New vs delisted commercial listings in Ontonagon County

    New Delisted

    Total CRE Inventory on Market (SF)

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