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213 Reading Avenue, 
Jonesville, MI 49250

$499,000


Bed


Bath


-

Sq Ft


Multi-Family

Active

517-435-1500

Last updated:

June 2, 2026, 03:09 PM

MLS#

26021894

Source:

MI MICHRIC

Company Logo
Source MLS Verified

About This Home

213 Reading Avenue

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.

Home Facts

Multi-Family

Built in 1900

Price Summary

499,000

MLS #:

26021894

Last Updated:

June 2, 2026, 03:09 PM

Added:

21 day(s) ago


Structure

Structure

Year Built:

1900


Lot

Lot Size (Sq. Ft):

47,044


Finances & Disclosures

Finances

Price:

$499,000

213 Reading Avenue
Source:MI MICHRIC
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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.