# 9523 N Business 31, Pentwater, MI 49449

> **TL;DR:** 22bd/4ba residential multi family, $2,700,000, built 1970.
> Waterfront, A/C. Est. $14,441/mo. Listed 68 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $2,700,000 |
| Bedrooms | 22 |
| Bathrooms | 11 full, 3 half |
| Year Built | 1970 |
| Lot Size | 95,396 sqft (2.19 acres) |
| Property Type | Residential Multi Family (Other) |
| Status | Active |
| Days on Market | 68 |

## Why This Home Stands Out

- **Waterfront** - Waterfront location listed

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Principal & Interest (20% down, 30-year at 6.5%) | $13,653 |
| Estimated Insurance | $788 |
| **Total** | **$14,441** |

## Nearby Schools

- **Elementary:** Pentwater Public School
- **Middle:** Pentwater Public School
- **High:** Pentwater Public School

## Key Amenities

- Waterfront
- A/C

## Property Highlights

- Built in 1970
- 2.19 acre lot
- 30 parking spaces
- Waterfront

## Description

### Agent Description
PENTWATER TWP - 10+ UNITS - An exceptional investment opportunity awaits at 9523 N BR US 31, offering a fully occupied, cash-flowing multi-family portfolio in the high-demand Pentwater corridor featuring 10 long-term rental units plus an additional luxury Owner's Suite and property manager quarters. This property was completely rebuilt from the studs up, featuring brand-new exterior siding and full interior rebuilds - including new drywall, fresh paint, custom cabinetry, butcher block countertops, sleek flooring, updated trim, new appliances, and new furnaces and AC units throughout. A complete, itemized construction summary detailing the extensive work completed for each building is available in the associated listing documents for review. Designed for maximum profitability and seamless operation, the asset benefits from individual electric meters and dedicated AC units to keep overhead low, alongside a central coin-operated laundry facility generating supplemental income. The estate spans three tailored residential structures plus a functional outbuilding. The main South Building anchors the property with seven clean, spacious units alongside the common mechanical room and coin-op laundry. The North Building houses three complete rental units, while the Rear Building serves as management and owner quarters. The 1-bedroom, 1-bath owners quarters doubles as a short-term rental retreat complete with a private patio, firepit, and 7-person Sundance hot. Completing this plug-and-play asset is a separate 20x20 heated pump house with a garage door housing the full H2O system. This is a premier opportunity for investors and rental connoisseurs looking to capture West Michigan rental demand. Buyer and buyer's agent to verify all information.

## Location

- **Address:** 9523 N Business 31, Pentwater, MI 49449
- **County:** Oceana
- **Coordinates:** 43.817856, -86.414709
- **Google Maps:** https://www.google.com/maps?q=43.817856,-86.414709

## Listing Agent

- **Name:** Debby Stevenson
- **Brokerage:** GREENRIDGE Realty-Ludington
- **Broker Phone:** 231-843-6868
- **Listing URL:** [View original listing](https://www.realtor.com/realestateandhomes-detail/9523-N-Business-31_Pentwater_MI_49449_M95248-56281?f=listhub&s=GRARMI&m=26045545&c=propsimple)

## Photos

![9523 N Business 31 - Photo 1](http://lh.rdcpix.com/3bf3be763546d6ffd10e6d285764594cl-f3624563678r.jpg)

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---

**MLS#:** 26045545 | **Updated:** 2026-10-30
**Source:** listhub

*Copyright © 2026 Michigan Regional Information Center, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.*

[View on PropertySimple](https://staging.propertysimple.ai/listing/9523-n-business-31-pentwater-mi-49449-1d20ca3fa899433cba942a0537c84153)

---

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