411 E State East Tawas, MI $ 250,000
411 E State
$ 250,000
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411 E State

East Tawas, MI, 48730
$ 250,000
Bedrooms-- Baths0.0

Monthly Estimate*

$ 1,727

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Multi-Family Home for sale in East Tawas, MI

for $250,000. This home was built in 1900 on a lot size of 0.24.

Investment Opportunity in Downtown East Tawas! This 5-unit rental property offers an excellent opportunity for investors looking to establish or expand their real estate portfolio in the heart of the East Tawas area. All five units are currently under lease, generating a gross monthly rental income of $4,400, or $52,800 annually. Situated near downtown East Tawas, the property offers convenient access to local shops, restaurants, entertainment, parks, and the beautiful shores of Lake Huron. The Tawas area is a popular destination for both year-round residents and seasonal visitors, offering small-town charm, outdoor recreation, and a vibrant downtown atmosphere. With five leased rental units, this property offers multiple income streams and immediate rental income for its next owner. Its location near shopping, dining, beaches, and everyday conveniences adds to its appeal as a rental property. Whether you're an experienced investor or looking to enter the rental property market, this is an opportunity to own an income-producing property in one of Northeast Michigan's desirable lakeside communities. Invest in East Tawas and take advantage of everything this beautiful area has to offer!

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Multi-Family Active

Price

$ 250,000

Property Type

Multi-Family

Taxes

$ 2,948

Style

Lot Size

0.24

Year Built

1900

Town/City

East Tawas

County/Region

Iosco

MLS | Web ID

80075219

Features
General
Heating Baseboard
Possession Negotiable (Possession)
Water Public Water
Status Active Active
Year Built 1900
Subdivision None MI
County Iosco
Class MULTIFAMILY
Type Multi-Family
Ownership Private
Municipality Baldwin Twp
Section 20
Zoning Multi-Family Commercial
Sale/Rent For Sale
Status Detail 0
Utilities Cable Available
Structure Style 2 Story
Area Baldwin Twp (35003)
Primary City East Tawas
Directions Newman St to (R) E State St to blocks to property on the left
City East Tawas
School District Tawas Area Schools
Financial Terms Cash
Legal Description PLAN OF THE VILLAGE OF EAST TAWAS LOT 4 & E 14 FT OF LOT 3 BLK 30
DOM 1
Postal Code 48730
Public Remarks
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Interior
Basement Full
Total Number of Units 5
Fuel Type Natural Gas
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Exterior
Lot Size Area 0.24
Lot Dimensions See attached Sketch
Water Features None
Waterfront Y/N No
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* Excluded Features
List By
SHANNONE BONDIE

Listing Agent

Sterling Properties

Broker

shannonebondie@gmail.com

Email

Affordability Calculator

$1,972
Per Month
88%
12%
0%
Monthly Principal & Interest
$1,727
Monthly Property Taxes
$246
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% 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
760521 Elementary School
759624 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
11/6/2026$250,000 Listed Price

Map


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411 E State, East Tawas, MI, 48730 is a Multi-Family Home for sale at $250,000 with a lot size of 0.24. 411 E State has 0.0 baths and was built in 1900. The property's zip code is 48730 which is in East Tawas, MI