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For sale
  • $159,900

    122 Greenland Rd, Ontonagon, MI 49953

    --beds
    2,400sqft
    : 
    $1,190/mo
    Get pre-qualified
    Multi Family
    Built in 1991
    -- sqft lot
    $-- Zestimate®
    $67/sqft
    $-- HOA

    What's special

    Very nice large lotNewer roof
    2400 SQ FT COMMERCIAL INCOME PROPERTY IN ONTONAGON. TURN KEY! Built in 1991 by the owners as a daycare it has since been converted to a four unit commercial rental that is fully occupied serving the community of Ontonagon. You'll appreciate finding an investment income property like this that has been well maintained, ready to go for you. Property has a newer roof and sits on a very nice large lot and large parking lot for in and out traffic. $1200 a month comes in across the 4 tenants. At this price you'll find this to be a very nice cash flowing investment. Long time rental history here as well as a great centrally located on Greenland Dr. Call the listing agent for your showing and to get the ball rolling! Seller requests buyers have cash or are prequalified for a loan as we'd like to minimize interruptions to the tenants of this awesome building. Here's your chance to own a nice 4 unit commercial income property right smack dab in the Western UP, near the sandy shores of Lake Superior!
    47 days
    210
    5

    Zillow last checked:

    Listing updated:

    Listed by:

    Dan Hafenbredl 715-321-4489,

    FLYING EAGLE REALTY LLC 715-321-4489

    Source: My State MLS,MLS#: 11906789

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bathrooms: 2
      • 1/2 bathrooms: 2
      Basement
      • Area: 0
      Heating
      • Natural Gas, Forced Air
      Cooling
      • Central
      Features
      • Basement: Crawl
      • Has fireplace: No
      Interior area
      • Total structure area: 2,400
      • Total interior livable area: 2,400 sqft
      • Finished area above ground: 2,400

      Property

      Accessibility
      • Accessibility features: Handicap
      Lot
      • Size: 0.59 Acres
      • Features: Near Bus
      Details
      • Parcel number: 41 186 006 00
      • Lease amount: $0

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Multi Family
      Materials
      • Frame, Vinyl Siding
      • Roof: Asphalt
      Condition
      • New construction: No
      • Year built: 1991

      Utilities & green energy

      • Electric: Amps(0)
      • Sewer: Community
      • Water: Community

      Community & HOA

      HOA
      • Has HOA: No
      Location
      • Region: Ontonagon

      Financial & listing details

      • Price per square foot: $67/sqft
      • Tax assessed value: $141,300
      • Annual tax amount: $3,460
      • Date on market: 7/28/2026
      • Date available: 07/28/2026
      • Listing agreement: Exclusive

        Estimated market value

        Not available

        Estimated sales range

        Not available

        $1,118/mo

        Price history

        DateEventPrice
        7/28/2026Listed for sale$159,900$67/sqft
        Source: My State MLS #11906789 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$3,460 +6%$70,650 +11.3%
        2024$3,264 +5.3%$63,500 +10.1%
        2023$3,099 +2.3%$57,650 +10.3%
        2022$3,029 $52,250 +10.2%
        2021-- $47,400 +0.1%
        2020-- $47,350 +1.5%
        2019-- $46,650 +2.1%
        2018-- $45,700 +3.4%
        2017-- $44,200 +1.1%
        2016-- $43,700 +0.1%
        2015-- $43,650 -10.6%
        2011-- $48,850
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 49953

        Getting around

        33 / 100
        Car-Dependent
        41 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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