Residential Income

Lake Odessa, MI Residential Income Properties for Sale

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Clarksville, MI Freeport, MI Ionia, MI Saranac, MI Hastings, MI Portland, MI Alto, MI Lowell, MI
Duplex-Style Apartment Community
Updated: Jul 18
Duplex-Style Apartment Community

1030 Te Ann Ct, Lake Odessa, MI 48849

$1,325,000
2.90 AC lot
18‑unit multifamily property at 1030 Te Ann Court in Lake Odessa, MI (Ionia County)
Built in 1959 with nine duplex‑style buildings on approximately 2.90 acres
Unit mix: 8 one‑bedroom/one‑bath units and 10 two‑bedroom/one‑bath units
Off‑street parking and tenant‑paid gas and electric
Low‑density duplex configuration offers a more residential setup than conventional garden‑style apartments
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Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 1 Active listings in Lake Odessa, 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.

Mixed-Use Building with Retail
Mixed-Use Building with Retail

405 W Main Street, Ionia, MI 48846

$700,000
11,386 sqft 0.21 AC lot

Fully leased mixed-use building with street-level retail and five second-floor apartments, plus recent roof improvements.

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Hastings Mixed-Use Investment Opportunity
Hastings Mixed-Use Investment Opportunity

502 W State St, Hastings, MI 49058

$349,000
0.20 AC lot

Three-unit property with mixed zoning in Hastings' vibrant PUD district.

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Turnkey Three-Unit Triplex
Turnkey Three-Unit Triplex

736 N Michigan Avenue, Hastings, MI 49058

$259,900
0.20 AC lot

Fully leased triplex with updated interiors and separate natural gas meters for each unit.

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Mixed-Use Building with Retail
Mixed-Use Building with Retail

405 W Main Street, Ionia, MI 48846

$700,000

Fully leased mixed-use building with street-level retail and five leased apartments on the second floor.

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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 in High Ridge
Residential Land in High Ridge

High Ridge Court lot: 1, Freeport, MI 49325

$59,900
0.98 AC lot

Residential land with sunrise and sunset views, bring your builder!

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Residential Land in High Ridge
Residential Land in High Ridge

High Ridge Court lot: 6, Freeport, MI 49325

$88,500
1.00 AC lot

One-acre residential land with sunset views in Freeport, Michigan.

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Residential Land in High Ridge
Residential Land in High Ridge

High Ridge Court lot: 8, Freeport, MI 49325

$89,500
1.02 AC lot

New development land with sunrise and sunset views.

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Developable Lot in Hastings
Developable Lot in Hastings

700 East Woodlawn Avenue, Hastings, MI 49058

$239,900
769,270 sqft 17.66 AC lot

Large lot suitable for multi-housing development with utilities available.

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Lake Odessa, MI Residential Income Properties Market Trends and Statistics

Explore 1 residential income properties for sale in Lake Odessa, 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 $1,325,000.

Sale prices for residential income properties in Lake Odessa, MI start at $1,325,000, averaging $1,325,000, and reaching up to $1,325,000 — 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

Duplexes 1
Multifamily properties 1

Demographics Overview

Population 5,801
Population Growth (5Y) -3.2%
Median Household Income $79,423
College Educated 24.8%

Taxes & Financing

Tax Rate (average for all types) 3.33%
Property Tax per SF $74.55 per SF
Average Loan-to-Value 65.0%

Total CRE Inventory on Market (SF)

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