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    Ontonagon, MI Residential Income Properties for Sale

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    Greenland, MI Rockland, MI White Pine, MI
    Mixed-Use Property in Downtown Ontonagon
    $399,000
    14,750 SF
    Mixed-Use Property in Downtown Ontonagon

    900 River Street, Ontonagon, MI 49953

    Move-in ready apartment with retail space in downtown location.
    • Move‑in ready 2800 sq ft apartment with 3+ bedrooms and 2 full baths.
    • 14 potential retail spaces and 3 baths on the lower level.
    • Convenient downtown location.
    • Plenty of parking.
    • Adjacent to the Ontonagon River.
    Updated: Feb 18
    View details
    Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 1 Active listings in Ontonagon, 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.

    Chassell Multifamily Investment Opportunity
    $640,000
    8,184 SF
    Chassell Multifamily Investment Opportunity

    Ten-unit apartment building near outdoor recreation and Michigan Tech.

    42280 Willson Memorial Drive, Chassell, MI 49916

    View details
    Multifamily Property Near Portage Lake
    $640,000
    8,184 SF
    Multifamily Property Near Portage Lake

    Multifamily property with 10 units near outdoor recreation.

    42280 Willson Memorial Drive, Chassell, MI 49916

    View details
    Well-Maintained Duplex with Enclosed Porch
    $239,000
    3,040 SF
    Well-Maintained Duplex with Enclosed Porch

    Updated electrical, separate front and rear access, and shared basement laundry make this duplex flexible for rental or owner-occupancy.

    803 Elm Street, Hancock, MI 49930

    View details
    Hancock Mixed-Use Property for Sale
    $194,900
    Hancock Mixed-Use Property for Sale

    Mixed-use property with B-2 zoning, suitable for business or residential.

    209 Montezuma, Hancock, MI 49930

    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.

    9.5 Acres Near Lake Superior
    $39,000
    9.50 Acres
    9.5 Acres Near Lake Superior

    Two parcels near Lake Superior ideal for homestead or recreation.

    ON Scovia Avenue, Ontonagon, MI 49953

    View details
    Residential Land Near Lake Superior
    Contact for pricing
    1.08 Acres
    Residential Land Near Lake Superior

    Residential land near Lake Superior and village amenities.

    TBD2 Cedar Balsam Station, Ontonagon, MI 49953

    View details
    Lake Superior Vacant Land
    $149,950
    4.35 Acres
    Lake Superior Vacant Land

    4.35 acre vacant land with 266 feet of shoreline.

    TBD 57 Lakeshore, Ontonagon, MI 49953

    View details
    Land Near Lake Superior
    $48,000
    0.45 Acres
    Land Near Lake Superior

    0.45 acre parcel with river and lake access.

    213 Beaser Street lot: Village Of Silver City - No Post Office Here, Ontonagon, MI 49953

    View details

    Ontonagon, MI Residential Income Properties Market Trends and Statistics

    Explore 1 residential income properties for sale in Ontonagon, MI on our real estate platform. These investment opportunities span a total of 14,750 square feet of properties for sale, with an estimated market value of $399,000.

    Sale prices for residential income properties in Ontonagon, MI start at $399,000, averaging $399,000, and reaching up to $399,000 — 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

    Apartment buildings 1
    Multifamily properties 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 $399K

    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%

    Total CRE Inventory on Market (SF)

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