$249,900

515 W Onota St Munising, MI 49862

$2,968
Closing credit¹
4 beds
2 full
1,960 sqft
0.2 acres
$128 / sqft
Multi-Family

Property details

About 515 W Onota St

Excellent investment opportunity in the heart of Munising! This well-maintained duplex offers two identical side by side units and sits just minutes from the bustling downtown area, the marina, and the renowned Pictured Rocks National Lakeshore. This two-story duplex spans 1,960 square feet and is situated on a spacious corner lot on the edge of town with peek a boo Lake Superior Views. Each unit features an intelligent layout with a flowing first-floor plan that includes a bright living room, formal dining room with hardwood floors, and a functional kitchen with ample cabinet space. Both units come equipped with essential appliances including refrigerator and range (unit 1 also includes a dishwasher). The second floor of each unit houses two comfortable bedrooms and a full bathroom. The property boasts separate utilities for each unit, including water, electric, and gas service - a huge plus for property management. The partial block basement offers separate extra storage space for tenants, along with washer and dryer hookups. The crawlspace is also easily accessible and ads more storage and access to mechanicals/electric panels. Located in a prime residential area, this duplex offers tenants the convenience of being walking distance to schools and local amenities. The vinyl siding exterior requires minimal maintenance, and the front porch adds charming curb appeal. Both units share access to a delightful three-season porch, perfect for enjoying the Lake Superior breeze. There is also off street parking for two vehicles for each unit. If you are looking to add to your portfolio or for an owner occupied option, this turnkey investment property presents an excellent opportunity in Munising's growing rental market!

Highlights

Home typeMulti Family
HeatingForced Air
StatusActive
Size1,960 sqft
BasementYes
Lot size0.22 Acres
Year built1950
Parking3 or More Spaces
MLS #50171254
WaterfrontWater View
ViewWater

Summary

  • Full Bathrooms: 2
  • Appliances: Range, Oven, Refrigerator
  • Basement: Yes
  • Interior: Cable/Internet Avail., Hardwood Floors
  • Total Bedroom Count: 4
  • Parking: 3 or More Spaces
  • Waterfront: Water View
  • View: Water
  • Exterior: Porch, Sidewalks, Street Lights
  • Architectural Style: Conventional Frame
  • Heating: Forced Air
  • Cooling: None
  • List Price: $249,900
  • Price/SqFt: $127
  • Annual Tax Amount: $2,011
  • Tax Year: 2024
  • Lot: Corner Lot, Sidewalk
  • Directions: From Circle K in Munising, NW on E Munising Ave 0.5 mi to L on Chestnut St 0.1 mi to R on W Onota St. Home on L on corner of Onota & Hemlock)
  • Year Built: 1950
  • Stories: 2
  • Living Area: 1,960 SqFt
  • School District: Munising Public Schools
  • Lot Size: 0.22 Acres
  • MLS Number: 50171254
  • MLS Name: Upper Peninsula Assoc of Realtors
  • Office Name: COLDWELL BANKER SCHMIDT REALTORS
  • Office Phone: (906) 225-5992
  • Office Email: marquette@cbgreatlakes.com
  • Listing Agent: CRAIG HEINONEN

IDX Provided through IDX via MiRealSource, as the “Source MLS”, courtesy of the Originating MLS shown on the property listing, as the Originating MLS.

Copyright 2025 MiRealSource. All rights reserved. The information provided hereby constitutes proprietary information of MiRealSource, Inc. and its shareholders, affiliates and licensees and may not be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopy, recording, scanning or any information storage and retrieval system, without written permission from MiRealSource, Inc.

The information published and disseminated by the Originating MLS is communicated verbatim, without change by the Originating MLS, as filed with it by its members. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/5/2025, 10:20:33 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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traditional-style house featuring entry steps, a front lawn, a shingled roof, and a wooded view

$249,900

515 W Onota St

$2,968

closing credit¹

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0.5% sale price²

Price information

Property sales

We're sorry, we currently don't have property sales data for this listing.

Tax history

YearAssessmentProperty Tax
2024$43,000$2,011
2023$39,900$2,011
2022$37,600$2,011
2021$37,600$2,011
2020$36,000$1,880
2019$32,700$1,638
2018$29,100$1,580

History based on county public records data.

Nearby schools

6

William G Mather Elementary School

Public District PK-5

0.4 mi

411 Elm Ave

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $41,136. The most common annual income of people living in Munising, MI is less than $<35k. Typical family type is single, no kids. Residents of this area typically have post secondary degree education.

How much money do the neighbors make?

46%
<35k
39%
35k-100k
14%
100k-200k
1%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

39%
Single, No Kids
10%
Single, with Kids
37%
Married, No Kids
14%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

12%
<11 yrs old
7%
12-17 yrs old
16%
18-34 yrs old
43%
35-64 yrs old
22%
65+ yrs old

What do the neighbors do for fun?

  • Pro WrestlingPro Wrestling
  • HuntingHunting
  • Figure SkatingFigure Skating

Where do the neighbors shop?

  • Wal-MartWal-Mart
  • Dollar GeneralDollar General
  • Academy Sports & OutdoorsAcademy Sports & Outdoors

Where do the neighbors go to eat?

  • Hardee'sHardee's
  • ApplebeesApplebees
  • Jimmy JohnsJimmy Johns

What do the neighbors drive?

  • DodgeDodge
  • RamRam
  • CadillacCadillac

What do the neighbors listen to?

  • CountryCountry
  • Classic CountryClassic Country
  • OldiesOldies
All data provided by Home Junction and Claritas

Similar homes for sale

This home is located at 515 W Onota St in Munising, MI and zip code 49862. This 1,960 square foot home, which was built in 1950, sits on a 0.22 acre lot. Features: 4 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since April 12, 2025 and is currently priced at $249,900.

In April 2025, from all listings sold in Munising, MI there were more than 1 sold above asking price, over 0 sold below and more than 0 were sold right at the asked price. In April 2025 in Munising, MI there were 50% more homes for sale than in March. Listings spent 5 days on the market in April 2025, and had a median list price of $275,000 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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