$499,000
213 Reading Avenue
Jonesville, MI, 49250
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.
Property Details
Price:
$499,000
MLS #:
26021894
Status:
Active
Beds:
0
Baths:
0
Type:
Single Family
Subtype:
5+ Units
Subdivision:
Supervisors Plat 2
Listed Date:
May 13, 2026
Lot Size:
47,219 sqft / 1.08 acres (approx)
Year Built:
1900
Schools
School District:
Jonesville
Interior
Cooling
Window Unit(s)
Heating
Forced Air
Laundry Features
In Unit, Other
Exterior
Construction Materials
Vinyl Siding, Wood Siding
Lot Features
Cul-De-Sac, Sidewalk, Corner Lot
Parking Features
Aggregate, Driveway
Parking Spots
22
Parking Total
22
Roof
Composition
Financial
Tax Year
2025
Taxes
$15,100
Mortgage Calculator
Map
Current real estate data for Single Family in Jonesville as of May 16, 2026
16
Single Family Listed
39
Avg DOM
166
Avg $ / SqFt
$322,188
Avg List Price
Community
- Address213 Reading Avenue Jonesville MI
- SubdivisionSupervisors Plat 2
- CityJonesville
- CountyHillsdale
- Zip Code49250
Subdivisions in Jonesville
Similar Listings Nearby
Property Summary
- Located in the Supervisors Plat 2 subdivision, 213 Reading Avenue Jonesville MI is a Single Family for sale in Jonesville, MI, 49250. It is listed for $499,000 and features 0 beds, 0 baths, and has approximately 0 square feet of living space, and was originally constructed in 1900. The average price per square foot for Single Family listings in Jonesville is $166. The average listing price for Single Family in Jonesville is $322,188.
213 Reading Avenue
Jonesville, MI