4642 Main Street Onekama, MI ^$ 1,200,000

4642 Main Street

^$ 1,200,000

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4642 Main Street

Onekama, MI, 49675

^$ 1,200,000

Studio Baths0.0 Sq 3,500

Monthly Estimate*

^$ 7,486

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Studio

Multi-Family Home for sale in Onekama, MI

for $1,200,000. This 3,500 square foot home was built in 1940 on a lot size of 0.21.

Rare investment opportunity on Portage Lake along scenic M-22!This recently renovated property features three separate units, ideal for long-term or short-term rental income, or live in one and use the cottage for a guest house! New flooring, appliances and everything else! A dock and storage shed are included.Enjoy easy access to Lake Michigan, Arcadia Bluffs, the Glenwood, and all the charm of Onekama and M-22. Park next door and another down the street with public boat launch. Near Onekama Marina. West-facing windows frame spectacular Portage Lake sunsets, making this a truly unique and beautiful offering.Sale includes both parcels: 41-300-034-00 and 41-450-026-00.

Multi-Family Active

Price

^$ 1,200,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

^$ 7,613

Style

Lot Size

0.21

Year Built

1940

Town/City

Onekama

County/Region

Manistee

MLS | Web ID

70504647

Features

General

Heating Baseboard Hot Water

Status Active Active

Year Built 1940

County Manistee

Class MULTIFAMILY

Type Multi-Family

Municipality Onekama

Zoning Commercial Residential

Subdivision MI

Sale/Rent For Sale

Status Detail 0

Area Onekama (51022)

Primary City Onekama

City Onekama

School District Onekama Consolidated Schools

Financial Terms Cash Conventional VA

Legal Description VILLAGE OF ONEKAMA WEST ADDITION LOTS 1 + 2 BLOCK 2. SALE(90) 4536 0961 (94) 500 2604 0401

DOM 21

Postal Code 49675

Price Per Sq Ft Total AG 342.86

Public Remarks Rare investment opportunity on Portage Lake along scenic M-22!This recently renovated property features three separate units ideal for long-term or short-term rental income

Exterior

Exterior Stone

Frontage 96

Body of Water Portage Lake

Lot Size Area 0.21

Lot Dimensions 97 x 93 and 57 x 48 x 53

Water Features Lake/River Access All Sports Lake

Roads City/County Paved Street

Waterfront Y/N Yes

Interior

Total Number of Units 3

Fuel Type Natural Gas

* Excluded Features

List By

Corinn Fink

Listing Agent

Five Star Real Estate (Onekama)

Broker

corinnfink@gmail.com

Affordability Calculator

$8,121

Per Month

Monthly Principal & Interest: $7,486
Monthly Property Taxes: $634
Monthly Home Insurance: --

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Yearly Home Insurance

Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Onekama, MI

Average List Price ^$749,000

Percent of Sale Price 38%

About Onekama, MI

327 Population

-10% Since 2002

^$54,861 Median Income

59.32 Median Age

13% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

1614819 Elementary School

1614849 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
11/13/2025	$1,200,000		Listed Price

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4642 Main Street, Onekama, MI, 49675 is a Multi-Family Home for sale at $1,200,000 with 3,500 sqft and a lot size of 0.21. 4642 Main Street is a studio with 0.0 baths and was built in 1940. The property's zip code is 49675 which is in Onekama, MI

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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4642 Main Street

Multi-Family Home for sale in Onekama, MI

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