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    Onaway, MI
    Short Term Rental

    Onaway, MI Short Term Rental Properties for Sale

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    Millersburg, MI Cheboygan, MI Afton, MI
    Riverfront Triplex Investment Opportunity
    Updated: Mar 12
    Riverfront Triplex Investment Opportunity

    7039 River Bend Drive, Onaway, MI 49765

    $274,000
    2,484 sqft
    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
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    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, 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 Onaway, 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.

    Otsego Lake Multifamily Cottage Property
    Otsego Lake Multifamily Cottage Property

    3551 W Otsego Lake Drive, Gaylord, MI 49735

    $895,000
    3,169 sqft · 2.40 AC lot

    Unique multifamily property on Otsego Lake with rental history.

    View details
    Gaylord Duplexes: Income Opportunity
    Gaylord Duplexes: Income Opportunity

    126 & 128 E Mill Street, Gaylord, MI 49735

    $725,000
    3,440 sqft · 0.41 AC lot

    Two duplexes built in 2023, great for rental income.

    View details
    Multi-Use Waterfront Property Portfolio
    Multi-Use Waterfront Property Portfolio

    204 Water Street, East Jordan, MI 49727

    $4,999,000
    19,845 sqft · 3.40 AC lot

    Portfolio of eight parcels with 360’ of Lake Charlevoix frontage, combining event space, rentals, warehouse, and office/retail.

    View details
    Waterfront Multi-Use Land Parcels
    Waterfront Multi-Use Land Parcels

    220 Water Street, East Jordan, MI 49727

    $4,999,000
    3.40 AC lot

    Eight parcels total 3.4 acres with 360 feet of Lake Charlevoix waterfront in a centrally located mixed-use setting.

    View details

    Onaway, MI Short Term Rental Properties Market Trends and Statistics

    Explore 1 short term rental 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 short term rental 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.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    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%

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