213 Reading Avenue, Jonesville, MI 49250 (MLS # 26021894)

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PRICE $499,000 dsIDX morgage calculator
BEDS 0
BATHS 0
HOME SIZE n/a
LOT SIZE 1.08 ac

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.

DAYS ON MARKET 1 LAST UPDATED 5/13/2026
TRACT Supervisors Plat 2 YEAR BUILT 1900
COUNTY Hillsdale STATUS Active
PROPERTY TYPE(S) Multi Family

SCHOOLS
School District Jonesville


ADDITIONAL DETAILS
AIR Window Unit(s)
AIR CONDITIONING Yes
BASEMENT Crawl Space, Full, Yes
CONSTRUCTION Vinyl Siding, Wood Siding
HEAT Forced Air, Natural Gas
LOT 1.08 acre(s)
LOT DESCRIPTION Corner Lot, Cul-De-Sac
LOT DIMENSIONS 145x345
PARKING Aggregate, Driveway
SEWER Public Sewer
SUBDIVISION Supervisors Plat 2
TAXES 15100
UTILITIES Natural Gas Available, Cable Available, Natural Gas Connected, Electricity Connected
WATER Public
ZONING Resd
MORTGAGE CALCULATOR
   

TOTAL MONTHLY PAYMENT

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CONTACT US ABOUT 213 READING AVENUE
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Listing provided by Coldwell Banker Beiswanger Realty Group, Doug Beiswanger

Copyright 2026 MichRIC, LLC. All rights reserved.

Updated 5/13/26 3:54 PM PDT

Information Deemed Reliable But Not Guaranteed.

This IDX solution is (c) Diverse Solutions 2026.



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