213 Reading Avenue, Jonesville, MI 49250

Jonesville
Local realty services provided by:ERA Greater North Properties
213 Reading Avenue,Jonesville, MI 49250
$499,000
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: doug beiswanger
Office: coldwell banker beiswanger realty group
MLS#:26021894
Source:MI_MICHRIC

Price summary

  • Price:$499,000

About this home

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.

Contact an agent

contact an agent

Yes, I would like more information. Please use and/or share my information with an ERA®  affiliated agent to contact me about my real estate needs. By clicking Send message, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If an ERA®  affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE® , CENTURY 21® , Coldwell Banker® , Corcoran® , Sotheby's International Realty® ). I acknowledge that I have read and agree to theTerms of useandPrivacy notice

Home facts

  • Year built:1900
  • Listing ID #:26021894
  • Added:1 day(s) ago
  • Updated:May 13, 2026 at 09:54 PM

Rooms and interior

  • Basement:Yes
  • Basement Description:Crawl Space

Heating and cooling

  • Heating:Forced Air

Structure and exterior

  • Year built:1900
  • Lot area:1.08 Acres
  • Lot Features:Cul-De-Sac
  • Construction Materials:Vinyl Siding, Wood Siding

Finances and disclosures

  • Price:$499,000
  • Tax amount:$15,100 (2025)

Parking

  • Total parking spaces:22

New listings near 213 Reading Avenue