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Oscoda, MI, 48750 • 48750 • Iosco County
$152/sqft
Down payment assistance available
6Beds
5Baths
2,554Sqft
0.58 acLot
1911Built
Waterfront Property
Direct water access
Water Views
Water
Character Home
Built 1911 · 115 years of history
Hardwood Floors
Quality flooring throughout
This home is getting attention
Listed 34 days ago · 1,712 views · 86 saves
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1,712 views
People checking out this listing
86 saves
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34 days on market
Established listing
$152/sqft
Price per square foot
Multi Family · Built 1911 · Historic
Located on Piety Hill in the heart of downtown Oscoda, this five-unit multifamily property offers approximately 95 feet of frontage along the Au Sable River and walkable access to the community’s business district, public beach, pier, and new Entertainment District. The elevated, south-facing setting provides river views while remaining right in the center of town. Originally constructed in 1911, one year after the Great Fire of 1910–1911, the home was built by Dr. and Mrs. Dickerson using one-foot-thick concrete walls designed for durability and fire resistance. The property was later purchased by Rev. and Mrs. John MacDonald in 1967 and has remained in the same family since that time. The property currently contains five residential rental units consisting of two two-bedroom/one-bath units, two one-bedroom/one-bath units (one with a three-season porch), and one walkout-level studio apartment. All units are currently on month-to-month leases with on-site parking available for tenants. Units have historically remained consistently rented, reflecting the strong demand for housing in downtown Oscoda. The property is zoned Mixed-Use Residential/Commercial, providing flexibility for future use or potential redevelopment opportunities. Its central location, river frontage, and historic construction make it a rare small multifamily opportunity in downtown Oscoda. Financial summary, rent roll, and operating information available upon request. Due to the property's five-unit configuration and mixed-use zoning, the property may be best suited for commercial, portfolio, or DSCR-style financing, as well as cash buyers. Owner selling property directly.
Based on current rates
Est. 6.14% rate · 30yr fixed · $311,200 loan
Full calculator →Key facts and listing details
7 categories of property features
2 rooms detailed
Dining Room
Sun Room
Market data and value estimates
2 schools rated nearby
Oscoda, MI, 48750
6 events
16 years of records
Local context around this listing
Oscoda, MI • Iosco County
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