119 W Dwight St, Oscoda, MI 48750

Located on historic Piety Hill in the heart of downtown Oscoda, this five-unit multifamily property offers approximately 95 feet of frontage along the Au Sable River and is within walking distance of local shops, restaurants, the public beach, fishing pier, and the community’s new Entertainment District. Its elevated, south-facing setting provides scenic river views while remaining centrally located in town. Originally constructed in 1914, shortly after the Great Fire of 1910–1911, the home was built by Dr. and Mrs. Dickerson using one-foot-thick concrete walls designed for exceptional durability and fire resistance. The property was later purchased by Rev. and Mrs. John MacDonald in 1967 and has remained in the same family ever since. The property consists of five residential rental units, including: Two 2-bedroom, 1-bath units Two 1-bedroom, 1-bath units (one featuring a three-season porch) One walkout-level studio apartment All units are currently occupied on month-to-month leases and benefit from on-site tenant parking. The property has maintained strong occupancy throughout its ownership, reflecting continued demand for rental housing in downtown Oscoda. Zoned Mixed-Use Residential/Commercial, the property offers flexibility for future investment strategies, owner use, or potential redevelopment opportunities. Its combination of river frontage, downtown location, historic character, and stable rental history makes it a rare multifamily investment opportunity in the Oscoda market. Financial summary, rent roll, and operating information are available upon request. Due to the property's five-unit configuration and mixed-use zoning, financing may be best suited for commercial, portfolio, DSCR, or cash buyers. For Sale By Owner.