SoldJul 22, 2026

Listed by DOUG BEISWANGER

Source: Michigan Regional Information Center #26021894

213 Reading Avenue, Jonesville, MI, 49250

$499,000

20
11
22
47219 sq. ft.

MultiFam

13 days on the market

Sold: Jul 22, 2026

What's around 213 Reading Avenue

About this property

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.

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Other properties sold by DOUG BEISWANGER

SoldJul 9, 2026
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Listing courtesy of Beiswanger and Risner RE Group and Executive Brokers Residential and Commercial Real Estate
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Listing courtesy of Beiswanger and Risner RE Group and PRODUCTION REALTY - GRASS LAKE
SoldFeb 6, 2026
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4
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Listing courtesy of Beiswanger and Risner RE Group and ERA REARDON REALTY, L.L.C.

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