$1,099,000
$101K PRICE DROP

4642 Main St Onekama, MI 49675

Estimated payment $6,501/month

Total Views 18,061
-- Bed
-- Bath
-- Sq Ft
-- Price per Sq Ft

Highlights

  • 57 Feet of Waterfront
  • No HOA
  • Baseboard Heating
  • Corner Lot
  • Mini Split Air Conditioners

About This Home

THREE separate units, completely renovated, generating income on Portage Lake is priced to sell! Ideal for long-term or short-term rentals--or live in one unit while using the cottage as a guest house. All three units have been completely renovated with new flooring, appliances, and updated finishes throughout. The property includes a private dock and storage shed, perfect for enjoying all that Portage Lake has to offer. Located near Onekama Marina with a public park next door and another just down the street featuring a public boat launch. Enjoy easy access to Lake Michigan, Arcadia Bluffs, The Glenwood, and all the charm of Onekama and scenic M-22. West-facing windows capture breathtaking Portage Lake sunsets, making this a truly unique Northern Michigan offering. Sale includes both parcels: 41-300-034-00 and 41-450-026-00.

Listing Agent

Corinn Fink

Five Star Real Estate (Onekama) License #6501408719 Listed on: 11/12/2025

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $7,613

Year Built

  • Built in 1940

Lot Details

  • 8,965 Sq Ft Lot
  • 57 Feet of Waterfront
  • Lake Front
  • Corner Lot

Home Design

  • Rubber Roof
  • Stone

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Natural lighting in basement

Parking

  • 4 Parking Spaces
  • Gravel Driveway

Utilities

  • Mini Split Air Conditioners
  • Cooling System Mounted In Outer Wall Opening
  • Heating System Uses Natural Gas
  • Window Unit Heating System
  • Baseboard Heating
  • Hot Water Heating System
  • Well
  • Phone Available
  • Cable TV Available

Additional Features

  • Laundry on main level
  • Water Access

Community Details

  • No Home Owners Association
  • 2 Buildings
  • 3 Units

Property Details

Home Type

Apartment

Est. Annual Taxes

$7,613

Year Built

Built in 1940

Lot Details

8,965 Sq Ft Lot

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi Family
  • New Construction: No
  • Year Built: 1940
  • General Property Info:Basement: Yes
  • Waterfront Options:Water Access YN: Yes
  • Waterfront Options:Water Frontage3: 57.0
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Daylight, Full, Walk-Out Access
  • Basement: Yes

Exterior Features

  • Construction Materials: Stone
  • List Price: 1099000.0
  • Lot Features: Corner Lot
  • Number of Buildings: 2
  • Road Surface Type: Paved
  • Roof: Other, Rubber
  • Water Body Name: Portage Lake
  • Waterfront Features: Lake Front
  • Waterfront: Yes
  • Access Feat:Accessibility Features2: No

Garage/Parking

  • Attached Garage: No
  • Parking Features: Gravel
  • Total Parking Spaces: 4.0

Utilities

  • Cooling: Wall Unit(s), Window Unit(s), Mini-Split
  • Cooling: Yes
  • Heating: Baseboard, Hot Water
  • Heating: Yes
  • Laundry Features: Main Level
  • Utilities: Cable Connected, Natural Gas Connected, Cable Available, Electricity Available, Natural Gas Available, Phone Available
  • Water Source: Well

Lot Info

  • Lot Size Acres: 0.2058
  • Lot Size Area: 0.21
  • Lot Dimensions: 97 x 93 and 57 x 48 x 53 x 85
  • Lot Size Sq Ft: 8965.0
  • Zoning Description: Com/Res

Rental Info

  • Owner Pays: Electricity, Gas, Sewer, Trash Collection
  • Tenant Pays: None

Multi Family

  • Number of Units Total: 3

Tax Info

  • Tax Annual Amount: 7613.0
  • Tax Year: 2025

Map

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $7,613 $163,100 $0 $0
2024 $17 $173,500 $0 $0
2023 $1,600 $150,500 $0 $0
2022 $1,793 $94,000 $94,000 $0
2021 $1,735 $85,400 $85,400 $0
2020 $1,697 $81,300 $81,300 $0
2019 $1,674 $76,600 $76,600 $0
2018 $1,628 $69,200 $69,200 $0
2017 $1,606 $69,500 $69,500 $0
2016 $1,343 $65,000 $65,000 $0
2015 -- $65,700 $65,700 $0
2014 -- $66,200 $0 $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/03/2026 03/03/26 Price Changed $1,099,000 -4.4% --
02/10/2026 02/10/26 Price Changed $1,149,000 -4.3% --
11/12/2025 11/12/25 For Sale $1,200,000 -- --
Source: MichRIC

Purchase History

Date Type Sale Price Title Company
Deed $190,000 --
Quit Claim Deed -- --
Warranty Deed -- --
Source: Public Records

Source: MichRIC

MLS Number: 25057997

MichRIC

APN: 41-450-026-00

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