Skip main navigation
For sale
  • $250,000

    411 E State St, East Tawas, MI 48730

    5beds
    5baths
    2,886sqft
    : 
    $1,732/mo
    Get pre-qualified
    Multi Family
    Built in 1900
    -- sqft lot
    $189,700 Zestimate®
    $87/sqft
    $-- HOA

    What's special

    Investment Opportunity in Downtown East Tawas! This property boasts (5) 1 bedroom, 1 bathroom units, and offers an excellent opportunity for investors looking to establish or expand their real estate portfolio in the heart of the East Tawas area. All five units are currently under lease, generating a gross monthly rental income of $4,400, or $52,800 annually. Situated near downtown East Tawas, the property offers convenient access to local shops, restaurants, entertainment, parks, and the beautiful shores of Lake Huron. The Tawas area is a popular destination for both year-round residents and seasonal visitors, offering small-town charm, outdoor recreation, and a vibrant downtown atmosphere. With five leased rental units, this property offers multiple income streams and immediate rental income for its next owner. Its location near shopping, dining, beaches, and everyday conveniences adds to its appeal as a rental property. Whether you're an experienced investor or looking to enter the rental property market, this is an opportunity to own an income-producing property in one of Northeast Michigan's desirable lakeside communities. Invest in East Tawas and take advantage of everything this beautiful area has to offer!
    2 days
    1,663
    14

    Zillow last checked:

    Listing updated:

    Listed by:

    SHANNONE BONDIE C:517-294-0421,

    STERLING PROPERTIES 989-362-4585

    Source: NGLRMLS,MLS#: 1952354MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 5
      • Bathrooms: 5
      Heating
      • Baseboard, Natural Gas
      Appliances
      • Included: None
      Features
      • Entrance Foyer, High Speed Internet
      • Basement: Full
      • Has fireplace: No
      • Fireplace features: None
      Interior area
      • Total structure area: 2,886
      • Total interior livable area: 2,886 sqft

      Property

      Parking
      • Parking features: None
      Accessibility
      • Accessibility features: None
      Features
      • Levels: Two
      • Stories: 2
      • Exterior features: None
      • Waterfront features: None
      Lot
      • Size: 10,454 Square Feet
      Details
      • Additional structures: None
      • Parcel number: 121O4003000400
      • Zoning description: Multi-Family,Commercial

      Construction

      Type & style
      • Home type: MultiFamily
      • Architectural style: Apartment
      • Property subtype: Multi Family
      • Attached to another structure: Yes
      Materials
      • Frame, Vinyl Siding
      • Roof: Asphalt
      Condition
      • New construction: No
      • Year built: 1900

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public
      Green energy
      • Energy efficient items: Not Applicable

      Community & HOA

      Community
      • Features: None
      • Subdivision: None
      Location
      • Region: East Tawas

      Financial & listing details

      • Price per square foot: $87/sqft
      • Tax assessed value: $51,776
      • Annual tax amount: $2,949
      • Price range: $250K - $250K
      • Date on market: 11/6/2026
      • Cumulative days on market: 4 days
      • Listing agreement: Exclusive Right To Sell
      • Listing terms: Conventional,Cash
      • Ownership type: Private Owner
      • Lease term: Month To Month,12 Months

        Estimated market value

        $189,700

        $146,000 - $235,000

        $1,057/mo

        Price history

        DateEventPrice
        11/6/2026Listed for sale$250,000+110.1%$87/sqft
        Source: NGLRMLS #1952354 Report a problem
        7/1/2018Listing removed$119,000$41/sqft
        Source: TARGET REAL ESTATE COMPANY #1829686 Report a problem
        4/1/2017Listed for sale$119,000-20.1%$41/sqft
        Source: TARGET REAL ESTATE COMPANY #1829686 Report a problem
        3/1/2017Listing removed$149,000$52/sqft
        Source: TARGET REAL ESTATE COMPANY #1817478 Report a problem
        5/30/2016Listed for sale$149,000$52/sqft
        Source: TARGET REAL ESTATE COMPANY #1817478 Report a problem

        Public tax history

        Tax history is unavailable.
        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: 48730

        Getting around

        67 / 100
        Somewhat Walkable
        57 / 100
        Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • District: Tawas Area Schools

        Source: NGLRMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

        A local agent can set up tours, give advice and negotiate with sellers.

        Browse local experts