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  • $1,375,000

    4880 Main St, Onekama, MI 49675

    6beds
    6baths
    3,760sqft
    : 
    5+ Units
    Built in 1900
    -- sqft lot
    $1,277,400 Zestimate®
    $366/sqft
    $-- HOA

    What's special

    Spacious two-bedroom two-bathroom unitViews of the lake
    Beautifully Renovated Historic 5-Plex in the Heart of Onekama. This is a rare opportunity to own a completely rebuilt, turn-of-the-century landmark right in the heart of downtown Onekama. The historic Onekama Hotel was rebuilt from the foundation in 2023 with all-new plumbing, electrical, HVAC, insulation, drywall, windows, roof, porches, and decks. Each unit has its own heating and cooling, on-demand hot water, and the building features a water softening system. All five units are fully furnished with high-quality pieces from West Elm and Pottery Barn, and the property is being sold fully furnished. Suite #1 is a spacious two-bedroom, two-bathroom unit that would be ideal for an on-site owner or private getaway. The remaining four units are one-bedroom, one-bathroom All five are currently operating as successful short-term rentals. Located just one block from Portage Lake and steps from the public park and beach, this walkable location is surrounded by everything Onekama has to offeran ice cream shop, coffee shop, restaurants, and boutique shopping. A couple of the second-story decks even offer views of the lake. Love the outdoors? Whether it's hiking, fishing, biking, or boating, there's something here for everyone. Boaters will appreciate the four marinas on Portage Lake and the direct channel to Lake Michigan, making this a true boater's and fisherman's paradise. Golfers will love being just minutes from Arcadia Bluffs and other top-rated golf courses located north along scenic M-22. And for entertainment, Little River Casino is just a quick seven-minute drive away. Whether you're an investor, a vacation property buyer, or someone looking to live in a vibrant lakeside town, this fully renovated, income-generating property checks every box.
    22 days
    on Zillow
    |
    788
    |
    42
    |

    Zillow last checked: 7 hours ago

    Listing updated: August 04, 2025 at 12:05pm

    Listed by:

    Corinn Fink 616-278-5417,

    Five Star Real Estate (Onekama) 231-508-1001

    Source: MichRIC,MLS#: 25035709MLS Logo
    Travel times

    Tour with a buyer's agent

    We'll find a local expert to take you on a private tour of 4880 Main St.

    Next available tour time:Today at 5pm

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 6
    • Bathrooms: 6
    Heating
    • Forced Air
    Cooling
    • Central Air
    Appliances
    • Laundry: Electric Dryer Hookup, Laundry Room, Main Level, Sink, Washer Hookup
    Features
    • Basement: Crawl Space
    • Number of fireplaces: 1
    Interior area
    • Total interior livable area: 3,760 sqft

    Property

    Parking
    • Total spaces: 9
    Lot
    • Size: 0.26 Acres
    • Dimensions: 128 x 55 x 126 x 83
    • Features: Level, Sidewalk, Corner Lot
    Details
    • Parcel number: 4105001905
    • Zoning description: com/ res

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: 5+ Units
    Materials
    • Vinyl Siding
    • Roof: Composition,Metal
    Condition
    • New construction: No
    • Year built: 1900

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Well
    • Utilities for property: Natural Gas Connected, Electricity Connected

    Community & HOA

    Location
    • Region: Onekama

    Financial & listing details

    • Price per square foot: $366/sqft
    • Tax assessed value: $300,948
    • Annual tax amount: $16,152
    • Date on market: 7/18/2025
    • Listing terms: VA Loan,Cash,Conventional
    • Tenant pays: None
    • Electric utility on property: Yes
    • Road surface type: Paved
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