Advertise
    Onaway, MI
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Property Types
    1
    • Retail
    • Office
    • Residential Income
    • Restaurants
    • Industrial
    • Warehouse
    • Mixed-Use
    • Hospitality
    • Health Care
    • Sports & Entertainment
    • Land
    • Agricultural
    • Parking & Garage
    • Specialty
    Price
    Price
    $
    $

    Onaway, MI Residential Income Properties for Sale

    Notify Me
    List
    Map
    Millersburg, MI Cheboygan, MI Afton, MI
    Riverfront Triplex Investment Opportunity
    $274,000
    2,484 SF
    Riverfront Triplex Investment Opportunity

    7039 River Bend Drive, Onaway, MI 49765

    Three riverfront homes with rental income potential in Onaway, Michigan.
    • Three rental homes along 90 feet of Black River/Tower Pond waterfront
    • Unit 1: 2 bedrooms, 864 SF; living room 13x17; kitchen 9x11; bath 6x9
    • Unit 2: 2 bedrooms, 900 SF; kitchen‑living 16x16; dining 7x11; bath 7x6
    • Unit 3: 1 bedroom, 700 SF; kit‑living‑dining 14x16; bedroom 10x10
    • Heating: natural gas; water source: well; sewer: shared septic
    Updated: Mar 12
    View details
    Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 1 Active listings in Onaway, 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.

    Gaylord Duplexes: Income Opportunity
    $725,000
    3,440 SF
    Gaylord Duplexes: Income Opportunity

    Two duplexes built in 2023, great for rental income.

    126 & 128 E Mill Street, Gaylord, MI 49735

    View details
    Acreage Parcel with Existing Well and Septic
    $39,900
    2.39 Acres
    Acreage Parcel with Existing Well and Septic

    2.39-acre parcel with an uninhabitable farmhouse plus existing well and septic for a future home or retreat.

    7860 PICKEREL LAKE, Petoskey, MI 49770

    View details
    Downtown Gaylord Mixed-Use Building
    $325,000
    4,822 SF
    Downtown Gaylord Mixed-Use Building

    Commercial building with mixed-use potential and ample parking.

    144 W Main Street, Gaylord, MI 49735

    View details
    Petoskey Multifamily Investment Opportunity
    $850,000
    Petoskey Multifamily Investment Opportunity

    Well-maintained 6-unit multifamily property near downtown Petoskey.

    524 State St, Petoskey, MI 49770

    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.

    Onaway Buildable City Lots
    Contact for pricing
    0.31 Acres
    Onaway Buildable City Lots

    Three city lots near Black Lake with utilities.

    3550 N Maple Street, Onaway, MI 49765

    View details
    Agricultural Land Corner Parcel
    $40,000
    4.40 Acres
    Agricultural Land Corner Parcel

    Flat, clear corner land with trees and utility access at the road, suited for agricultural uses or a build site.

    12551 Freel Highway, Millersburg, MI 49759

    View details
    Lakefront Recreation Land
    $38,000
    0.27 Acres
    Lakefront Recreation Land

    Parcels on Rainy Lake near Larson Memorial Park with a boat launch and beach amenities.

    E Shore Circle, Millersburg, MI 49759

    View details
    Land Near Recreation and I-75
    Contact for pricing
    0.46 Acres
    Land Near Recreation and I-75

    Residential land near recreation, I-75, and trails in Wolverine, MI.

    15390 Wurm Road Drive, Wolverine, MI 49799

    View details

    Onaway, MI Residential Income Properties Market Trends and Statistics

    Explore 1 residential income properties for sale in Onaway, MI on our real estate platform. These investment opportunities span a total of 2,484 square feet of properties for sale, with an estimated market value of $274,000.

    Sale prices for residential income properties in Onaway, MI start at $274,000, averaging $274,000, and reaching up to $274,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

    List
    Map

    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Multifamily properties 1
    Short term rental properties 1
    Triplexes 1

    Demographics Overview

    Population 4,287
    Population Growth (5Y) +15.9%
    Median Household Income $53,125
    College Educated 19.0%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    49765 $274K

    Taxes & Financing

    Tax Rate (average for all types) 3.24%
    Tax Rate vs County Average 1.42 pp below county avg
    Average Loan-to-Value 65.0%

    Need Help?

    Reach out if you need assistance with Realmo tools or have questions about your listings

    Contact Us

    Popular Searches in Onaway, MI

    Most Searched ZIP Codes in Onaway, MI

    • 49765

    Select Neighborhood

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!