Stephanie Lashuay
BEDS0
BATHS
MLS#26021894
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
SUBDIVISIONSupervisors Plat 2
SCHOOLJonesville
Property Description
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 Features
Property Type: Multi Unit - Multiple
Basement: Crawl Space, Full
Cooling: Window Unit(s)
Heating: Forced Air
Lot Size: 1.08 Acres
Roof Type: Composition
Taxes: $15,100
Year Built: 1900
Feature Descriptions
Days on Site: 5
Exterior: Vinyl Siding, Wood Siding
Laundry: In Unit, Other
Lot: Cul-De-Sac, Sidewalk, Corner Lot
Lot Dimensions: 145x345
Owner Pays: Trash Collection
Parcel Number: 21-105-001-028
Parking: Aggregate, Driveway
Parking Total: 22
Road Surface: Paved
Sub Type: 5+ Units
Tenant Pays: Electric, Water, Sewer, Gas
Units: 11
Utilities: Cable Available, Natural Gas Connected, Electricity Connected
Local Schools
School District: Jonesville
Listed By / Shown By
Listed By
Agency Name: Coldwell Banker Beiswanger Realty Group
Agent Name: Doug Beiswanger
Agency Phone: 517-435-1500
Shown By
Agent Name: Stephanie Lashuay
Agent Phone: Cell: (616) 745-5880
Agency Title: Key Realty
 | The property comes from the Member MLS's of the Michigan Regional Information Center, LLC (MichRIC). Copyright 2026 Michigan Regional Information Center, LLC (MichRIC). All rights reserved. Information deemed reliable, but not guaranteed. Data Last Updated 05/19/2026. |
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Estimated Payment
$ 4,195.14 per month $2,791.26 Principal & Interest $1,258.33 Property Tax $145.54 Homeowner's InsuranceChange Payment Information
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213 Reading Avenue | MLS# 26021894
This multi-family property located at 213 Reading Avenue, Jonesville, MI 49250 is currently listed for sale with an asking price of $499,000. Reading Avenue is located within the Jonesville school district. Search Jonesville real estate on stephanielashuay.ikeyrealty.com today.