Onaway, MI
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    Onaway, MI Short Term Rental Properties for Sale

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    Millersburg, MI Indian River, MI Wolverine, 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 homes on 90 feet of Black River/Tower Pond waterfront
    • Investment opportunity: currently used as rental units
    • Potential for family compound or live‑and‑rent arrangement
    • Unit 1: features a new water heater (June 2025), 2 bedrooms, 864 sq ft
    • Unit 2: 2 bedrooms, 900 sq ft
    Updated: Mar 12
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    Based on your search, we've compiled 1 Potential Opportunities for your consideration. Besides 1 Active listings in Onaway, MI, we suggest exploring several alternatives:

    Onaway, MI Short Term Rental Properties Investment Opportunities Market Analysis

    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

    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 Strategic Investment

    Identify Onaway submarkets with the highest inventory density on the market and evaluate the median 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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