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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
    4-Unit Commercial Rental Building
    Updated: Jul 28
    4-Unit Commercial Rental Building

    122 GREENLAND RD, Ontonagon, MI 49953

    $159,900
    2,400 sqft 0.59 AC lot
    2,400‑square‑foot building configured as four commercial rental units
    Fully occupied four‑unit property
    Built in 1991 by the owners
    Situated on a 0.59‑acre lot
    Large parking area with in‑and‑out vehicle circulation
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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 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.

    Two-Story Quadplex
    Two-Story Quadplex

    10740 N Cannonball Court, Bessemer, MI 49911

    $209,000
    2,592 sqft 0.96 AC lot

    Rental property with updated interiors, shared laundry, and a full basement.

    View details
    Four-Unit Apartment Property
    Four-Unit Apartment Property

    10740 Cannonball Court, Bessemer, MI 49911

    $209,000
    2,592 sqft

    Unit mix includes one- and two-bedroom layouts, with shared laundry in a walk-out basement.

    View details
    Four-Unit Quadplex with Renovations
    Four-Unit Quadplex with Renovations

    9506 CORY LN, Minocqua, WI 54548

    $344,900
    0.33 AC lot

    Two-level property offers matching two-bedroom units, basement storage, and coin-operated laundry.

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    Four-Unit Quadplex with Mixed Layouts
    Four-Unit Quadplex with Mixed Layouts

    9503 CORY LN, Minocqua, WI 54548

    $274,900
    0.37 AC lot

    Residential income property with varied floorplans, public utilities, paved parking, and tenant occupancy.

    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%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    49953 $159.9K

    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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