$274,000
$21K PRICE DROP

7039 River Bend Dr Onaway, MI 49765

Estimated payment $1,583/month

Total Views 26,577
-- Bed
-- Bath
-- Sq Ft
-- Price per Sq Ft

Highlights

  • Waterfront
  • Cooling Available
  • Heating System Uses Natural Gas
  • No HOA
  • Bungalow

About This Home

Discover three charming riverfront homes nestled along 90 feet of serene Black River/Tower Pond. Currently thriving as rental units, these versatile dwellings could transform into a cozy family compound or a savvy investment—live in one and rent out the others for short- or long-term stays. Enjoy the tranquil waterfront setting and endless possibilities! . Unit 1- 2Bedrooms, 864 Sq Ft, Br 1 11.6x9.3, Br 2 11.6x9.3, Kit 9x11, LR 13x17, Bath 6x9. Unit 2-2 Bedrooms, 900 Sq Ft, Br 1 12 x 13, Br 2 10x11.5, Kit-LV 16x16, Din 7x11, Pantry 5x6 Bath 7x 6. Unit 3-1 Bedroom, 700 Sq Ft, Kit-LV-Dining 14x16, Br 10x10, Bath 9,5x6. 48 Hour advance notice for showings due to tenants. Refrigerator in Unit 1 is tenant owned, and a new water heater was installed in Unit 1 in June of 2025.

Listing Agent

Daniel Dougherty

State Wide Real Estate of Onaway License #6502358784 Listed on: 10/24/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,684

Lot Details

  • Lot Dimensions are 90 x 303 x 100 x 313
  • Waterfront

Home Design

  • Bungalow
  • Vinyl Siding

Schools

  • Onaway Elementary School
  • Onaway High School

Utilities

  • Cooling Available
  • Heating System Uses Natural Gas
  • Shared Septic

Community Details

  • No Home Owners Association
  • Tower Pond Sub #2 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 231-T04-001-002-01
  • Tax Block Block 1

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,684

Lot Details

0

Listing Details

  • Directions: M68 to River Bend Drive, South roughly 150 feet to subjects on the left
  • Garage Yn: No
  • Lot Size: 90 x 303 x 100 x 313
  • Prop. Type: Multi-Family
  • PropertySubType: Other
  • ResoLaundryFeatures: Other
  • Water Body Name: Black River
  • NAV29_Unit_1_Appliances: None
  • Co List Office Phone: 989-733-6522
  • MLS Status: Active
  • Subdivision Name: Tower Pond Sub #2
  • Architectural Style: Bungalow, Other
  • ResoBuildingAreaSource: Agent Measure
  • Contract Information:Short Sale: No
  • Property Information Basement: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Waterfront: Yes
  • Construction Type: Vinyl, Wood

Utilities

  • Cooling System: Other
  • Sewer: Shared Septic
  • Cooling Y N: Yes
  • Heating: Natural Gas
  • HeatingYN: Yes
  • Water Source: Shared Well

Association/Amenities

  • TaxesAndPossessionAssociationDues: No

Condo/Co-op/Association

  • HOA Rent Includes: None, Other

Schools

  • Elementary School: Onaway
  • Junior High Dist: Onaway
  • High School: Onaway

Lot Info

  • Parcel Number: 231-T04-001-002-01

Tax Info

  • Tax Block: Block 1
  • Tax Book Number: 231-T04-001-002-01

Map

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

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 $1,684 $94,800 $0 $0
2024 $529 $75,600 $0 $0
2023 $507 $56,800 $0 $0
2022 $483 $45,600 $0 $0
2021 $1,341 $42,100 $42,100 $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/08/2025 08/08/25 Price Changed $274,000 -1.8% $110 / Sq Ft
05/15/2025 05/15/25 Price Changed $279,000 -5.4% $112 / Sq Ft
02/06/2025 02/06/25 For Sale $295,000 0.0% $119 / Sq Ft
12/31/2024 12/31/24 Off Market $295,000 -- --
12/30/2024 12/30/24 For Sale $295,000 -- $119 / Sq Ft
Source: Water Wonderland Board of REALTORS®

Purchase History

Date Type Sale Price Title Company
Warranty Deed $60,000 --
Source: Public Records

Source: Water Wonderland Board of REALTORS®

MLS Number: 201837736

Water Wonderland Board of REALTORS®

APN: 231-T04-001-002-01

Michigan Cheboygan County Onaway 49765

7039 River Bend Dr, Onaway, MI

For Sale

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Nearby Homes
Listing Agent
Daniel Dougherty
Section Image
State Wide Real Estate of Onaway
(989) 704-6309