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    Lake Odessa, MI
    Residential Income

    Lake Odessa, MI Residential Income Properties for Sale

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    Clarksville, MI Woodland, MI Sunfield, MI Freeport, MI Saranac, MI Hastings, MI Portland, MI Alto, 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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    Renovated Duplex with Garage
    Updated: Aug 1
    Renovated Duplex with Garage

    1055 Tupper Lake St, Lake Odessa, MI 48849

    $269,900
    Two‑unit duplex renovated in 2023
    New roof installed on both the house and detached garage
    Updated electrical and plumbing systems
    Two new furnaces and two new water heaters
    Separate utilities for each unit
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    See what stands out in Ionia County

    We check every for-sale listing in the county against comparable properties across the country. Most price about where you would expect. A few are worth a second look.

    We check every listing here. A few are worth a second look.

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    Based on your search, we've compiled 10 Potential Opportunities for your consideration. Besides 2 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.

    Brick Mixed-Use Building
    Brick Mixed-Use Building

    405 W Main Street, Ionia, MI 48846

    $700,000
    11,386 sqft 0.21 AC lot

    Five leased apartments and two ground-floor retail suites occupy a downtown Main Street property.

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

    W 405 W Main Street Unit SourceFi, Ionia, MI 48846

    $700,000
    11,386 sqft

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

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    Updated Multifamily Property
    Updated Multifamily Property

    330 W Mill St, Hastings, MI 49058

    $279,900
    2,400 sqft

    Vinyl siding, vinyl windows, and a roof replaced in 2021 contribute to the property’s maintained exterior.

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    Updated-Exterior Triplex
    Updated-Exterior Triplex

    330 W Mill Street, Hastings, MI 49058

    $279,900
    0.15 AC lot

    The property includes forced-air heating, driveway parking, and public sewer service.

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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: 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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    Land with Pole Building, Ionia
    Land with Pole Building, Ionia

    2180 Harwood Road, Ionia, MI 48846

    $199,900
    2.60 AC lot

    2.6 acres with a well-built pole building in Ionia.

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    Residential Land Near Golf Course
    Residential Land Near Golf Course

    Parcel 2 1581 Kelsey Highway, Ionia, MI 48846

    $55,000
    2.00 AC lot

    Two-acre residential lot near downtown, schools, and golf course.

    View details

    Lake Odessa, MI Residential Income Properties Market Trends and Statistics

    Explore 2 residential income properties for sale in Lake Odessa, MI on our real estate platform.

    Sale prices for residential income properties in Lake Odessa, MI start at $269,900, averaging $797,450, 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 2
    Multifamily properties 2

    Demographics Overview

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

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    48849 $797.5K

    Taxes & Financing

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

    Listings Trend

    New vs delisted commercial listings in Ionia County

    New Delisted

    Total CRE Inventory on Market (SF)

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