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$499,000

  • Sold
  • Closed
  • Single Family
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Prime income-producing 11-unit multifamily in Jonesville -- rare small-town opportunity offering 10% CAP and strong upside for investors. Tenants pay utilities, improving net operating margins and simplifying owner expenses. The portfolio mix includes one-bedroom and two-bedroom units (ideal for long-term tenants and workforce housing), with a history of consistent occupancy through professional management and immediate rent growth potential through modest unit updates. Additional 10 unit portfolio is available as well (totaling 21 units). Contract REALTOR for information.

Full Property Details for 213 Reading Ave

General

  • Sold For: $499,000
  • Taxes: $15,100
  • Status: Closed
  • Type: Single Family
  • Source: SWMRIC_MLS
  • MLS ID: 26021894
  • Added to Site: 105 day(s) ago

Parking

  • Total Spaces: 22
  • Parking Features: Aggregate, Driveway

Location

  • County: Hillsdale
  • Subdivision: Supervisors Plat 2
  • Cross Streets: BTW US12 and M99
  • Driving Directions: BTW US-12 (W Chicago St) and M-99 (Olds St) west of Bowman Rd.

Heating & Cooling

  • Air Conditioning: Yes
  • Cooling Type: Window Unit(s)
  • Heating Type: Forced Air

Utilities

  • Cable Available: Yes
  • Utility Description: Cable Available, Natural Gas Connected, Electricity Connected

Structural Information

  • # Buildings: 5
  • Construction: Vinyl Siding, Wood Siding
  • Basement: Yes
  • Roof: Composition
  • Year Built: 1900

Lot Features

  • Lot Size (Acres): 1.08
  • Lot Size (Sq. Ft.): 47,219
  • Frontage: Paved
  • Lot Features: Cul-De-Sac, Sidewalk, Corner Lot
  • Zoning: Resd

Financial Considerations

  • Tax Amount: $15,100
  • Terms: Cash, Conventional, Tax-Deferred Exchange
  • Landlord Pays: Trash Collection
  • Tenant Pays: Electricity, Water, Sewer, Gas

Disclosures and Reports

  • Legal Description: N 16.5 FT OF LOT 21 ALSO LOT 22 EXC NLY 16.5 FT SUPERVISORS PLAT NO.2 SEC 4 T6S R3W CITY OF JONESVILLE
  • Property ID: 21-105-001-028

Listed by Coldwell Banker Beiswanger Realty Group, Doug Beiswanger
Sold by Jones Chance & Co, Patrick Echlin

Listing agent

— 213 Reading Ave —

  • Doug Beiswanger

    Coldwell Banker Beiswanger Realty Group

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 213 Reading Ave

School District:Jonesville Community Schools
NameGradesDistance
Williams Elementary School
440 Adrian Street, Jonesville, MI 49250
K-50.8 mi
Jonesville Middle School
401 East Chicago Street, Jonesville, MI 49250
6-80.8 mi
Jonesville High School
460 Adrian Road, Jonesville, MI 49250
9-121.1 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 213 Reading Ave

Date
Details
Price
Change
Source
7/22/2026
Sold
$499,000
—
MLS
5/13/2026
Listed
$499,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Listed by Coldwell Banker Beiswanger Realty Group, Doug Beiswanger
Sold by Jones Chance & Co, Patrick Echlin

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213 Reading Avenue, Jonesville, MI 49250 (MLS# 26021894) is a Single Family property that was sold at $499,000 on July 22, 2026. Want to learn more about 213 Reading Avenue? Do you have questions about finding other Single Family real estate for sale in Jonesville? You can browse all Jonesville real estate or contact a Coldwell Banker agent to request more information.