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-- Baths1.0 Sq 2,886

Monthly Estimate*

$ 1,727

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Multi-Family Home for sale in East Tawas, MI

for $250,000 with 1 full bath. This 2,886 square foot 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

Full Bath

1

Property Type

Multi-Family

Taxes

$ 2,949

Style

Apartment

Lot Size

0.24

Year Built

1900

Town/City

East Tawas

County/Region

Iosco

MLS | Web ID

1952354

Features
Interior
Interior Amenities Entrance Foyer High Speed Internet
Basement Full
Fireplace Features None
Basement (Y/N) N
Air Conditioning Y/N N
Heating Y/N N
Fireplace Y/N N
Below Grade Finished Area Unit Type Square Feet
Above Grade Finished Area Unit Type Square Feet
Total Baths 1
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General
Sewer Public Sewer
Heating Baseboard Natural Gas
Possession Negotiable Subject To Tenant Rights
Roof Asphalt
Appliances None
Architectural Style Apartment
Construction Materials Frame Vinyl Siding
Pets Allowed true
Year Built 1900
Stories Count 2
Township Baldwin
Levels Two
Property Subtype Multi Family
Tax Year 2026
Waterfront Features None
Community Features None
Accessibility None
Assoc Fee Paid Per Annually
County Iosco
New Construction N
Property Type Residential Income
Attached Garage N
Energy Efficient Not Applicable
Subdivision Name None
Garage Y/N N
Other Structures None
Rent Includes Pets Allowed
Status New
Directions Newman St to (R) E State St to blocks to property on the left
City East Tawas
High School District Tawas Area Schools
Zoning Description Multi-Family Commercial
Number Of Units Total 5
Lot Size Units Acres
Lot Size Square Feet 10454.4
Carport Y/N N
Tax Annual Amount 2949.07
Home Warranty Y/N N
Ok to Lease Month To Month 12 Months
Lease Renewal Y/N N
Lease Considered Y/N N
Living Area Units Square Feet
Standard Status Active
Middle/Junior School District Tawas Area Schools
Elementary School District Tawas Area Schools
Tax Assessed Value 51776
Ownership Type Private Owner
Lease Amount Frequency Annually
Legal Description PLAN OF THE VILLAGE OF EAST TAWAS LOT 4 & E 14 FT OF LOT 3 BLK 30
Freehold VOW BBO IDX
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Exterior
Exterior Amenities None
Parking Features None
Water Source Public
Lot Size Area 0.24
Number of Buildings 1
Spa N
Lot Size Acres 0.24
Waterfront Y/N N
Road Responsibility Public Maintained Road
Horse Y/N N
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* Excluded Features
List By
Sterling Properties

Broker

C: 517-294-0421

Contact

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
2034578 Elementary School
2034082 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
11/6/2026$250,000 Listed Price

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411 E State, East Tawas, MI, 48730 is a Multi-Family Home for sale at $250,000 with 2,886 sqft and a lot size of 0.24. 411 E State has 1.0 baths and was built in 1900. The property's zip code is 48730 which is in East Tawas, MI