213 Reading Avenue Jonesville, MI ^$ 499,000

213 Reading Avenue

^$ 499,000

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213 Reading Avenue

Jonesville, MI, 49250

^$ 499,000

Studio Baths0.0

Monthly Estimate*

^$ 3,072

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Studio

Multi-Family Home for sale in Jonesville, MI

for $499,000. This home was built in 1900 on a lot size of 1.08.

Prime income-producing 11-unit multifamily in Jonesville -- rare small-town opportunity offering 10% CAP and strong upside for investors. Tenants pay utilities, improving net operating margins and simplifying owner expenses. The portfolio mix includes one-bedroom and two-bedroom units (ideal for long-term tenants and workforce housing), with a history of consistent occupancy through professional management and immediate rent growth potential through modest unit updates. Additional 10 unit portfolio is available as well (totaling 21 units). Contract REALTOR for information.

Multi-Family Active

Price

^$ 499,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

^$ 15,100

Style

Lot Size

1.08

Year Built

1900

Town/City

Jonesville

County/Region

Hillsdale

MLS | Web ID

70531585

Features

General

Heating Forced Air

Status Active Active

Year Built 1900

County Hillsdale

Class MULTIFAMILY

Type Multi-Family

Municipality Jonesville

Zoning Residential

Subdivision MI

Sale/Rent For Sale

Status Detail 0

Area Jonesville (30024)

Primary City Jonesville

Location Cul-De-Sac

Directions BTW US-12 (W Chicago St) and M-99 (Olds St) west of Bowman Rd.

City Jonesville

School District Jonesville Community Schools

Financial Terms Cash Conventional Exchange/Trade

Legal Description N 16.5 FT OF LOT 21 ALSO LOT 22 EXC NLY 16.5 FT SUPERVISORS PLAT NO.2 SEC 4 T6S R3W CITY OF JONESVILLE

DOM 3

Postal Code 49250

Public Remarks Prime income-producing 11-unit multifamily in Jonesville -- rare small-town opportunity offering 10% CAP and strong upside for investors. Tenants pay utilities

Exterior

Exterior Vinyl Siding Wood

Frontage 145

Lot Size Area 1.08

Lot Dimensions 145x345

Lot Description Sidewalks

Roads City/County Paved Street

Waterfront Y/N No

Interior

Total Number of Units 11

Fuel Type Natural Gas

* Excluded Features

List By

Doug Beiswanger

Listing Agent

Coldwell Banker Beiswanger Realty Group

Broker

doug@mirealestatepro.com

Affordability Calculator

$4,331

Per Month

Monthly Principal & Interest: $3,072
Monthly Property Taxes: $1,258
Monthly Home Insurance: --

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Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 6.25% 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 Jonesville, MI

Average List Price ^$499,000

Percent of Sale Price 0%

About Jonesville, MI

2,081 Population

-5% Since 2002

^$46,579 Median Income

37.75 Median Age

28% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

1571672 Elementary School

1571834 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
5/13/2026	$499,000		Listed Price

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213 Reading Avenue, Jonesville, MI, 49250 is a Multi-Family Home for sale at $499,000 with a lot size of 1.08. 213 Reading Avenue is a studio with 0.0 baths and was built in 1900. The property's zip code is 49250 which is in Jonesville, MI

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.25% 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.

Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource.

The information published and disseminated by MiRealSource is communicated verbatim, without change by MiRealSource, as filed with MiRealSource by its members. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.

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213 Reading Avenue

Multi-Family Home for sale in Jonesville, MI

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