#50163769, MATT THROOP, Listing Office: KELLER WILLIAMS FIRST UP
515 W Onota St Munising, MI 49862
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
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
Provided through IDX via MiRealSource, as the “Source MLS”, courtesy of the Originating MLS shown on the property listing, as the Originating MLS.
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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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$249,900
515 W Onota St
$2,968
closing credit¹
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Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
Year | Assessment | Property 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.
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.
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.