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213 Reading Avenue Jonesville, MI $ 499,000
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213 Reading Avenue
$ 499,000
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213 Reading Avenue

Jonesville, MI, 49250
$ 499,000
Bedrooms11 Baths0.0

Monthly Estimate*

$ 3,072

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Multi-Family Home for sale in Jonesville, MI

for $499,000 with 11 bedrooms. 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.

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Multi-Family Active

Price

$ 499,000

Bedrooms

11

Property Type

Multi-Family

Taxes

$ 15,100

Style

MultiFamily

Lot Size

1.08

Year Built

1900

Town/City

Jonesville

County/Region

Hillsdale

MLS | Web ID

55026021894
Features
General
Sewer PublicSewer
Heating ForcedAir NaturalGas
Cooling WindowUnits
Utilities ElectricityConnected NaturalGasConnected
Possession CloseOfEscrow SubjectToTenantRights
Roof Composition
Construction Materials VinylSiding WoodSiding
Year Built 1900
Property Subtype MultiFamily
Tax Year 2025
Community Features Sidewalks
County Hillsdale
New Construction N
Property Type ResidentialIncome
HOA N
Attached Garage N
Subdivision Name SUPERVISORS PLAT 2
Garage Y/N N
Status Active
Directions BTW US-12 (W Chicago St) and M-99 (Olds St) west of Bowman Rd.
City JonesvilleCity_Hillsdale
Senior Community Y/N N
High School District Jonesville
Zoning Description Residential
Number Of Units Total 11
MLS Area Area30062Jonesville
Lot Size Units SquareFeet
Carport Y/N N
Land Lease Y/N N
Tax Annual Amount 15100.0
Home Warranty Y/N N
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Standard Status Active
Occupancy Type Tenant
Tax Assessed Value 236305
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
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Interior
Basement Full
Basement (Y/N) Y
Air Conditioning Y/N Y
Heating Y/N Y
Fireplace Y/N N
Laundry Features InUnit Other
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Exterior
Parking Features Aggregate
Lot Features CornerLot CulDeSac
Water Source Public
Total Parking 22.0
Lot Size Area 47219.0
Foundation Details CrawlSpace
Number of Buildings 5
Spa N
Lot Dimensions 145x345
Lot Size Acres 1.08
Road Surface Type Paved
Waterfront Y/N N
Crops Included Y/N N
Road Responsibility PublicMaintainedRoad
Horse Y/N N
Irrigation Water Rights Y/N N
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Internal Only
Street Number 1 213
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* Excluded Features
List By
Doug Beiswanger

Listing Agent

Coldwell Banker Beiswanger Realty Group

Broker

(517) 914-9555

Phone

Affordability Calculator

$4,331
Per Month
71%
29%
0%
Monthly Principal & Interest
$3,072
Monthly Property Taxes
$1,258
Monthly 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
1257842 Elementary School
1257843 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
5/13/2026$499,000 Listed Price

Map

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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 has 11 bedrooms, 0.0 baths, and was built in 1900. The property's zip code is 49250 which is in Jonesville, MI

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