For Sale
7039 River Bend Drive, Onaway, MI 49765
$274,000
MLS # 201838999
5 beds3 baths
1 / 24
Listing Description
Discover these three charming riverfront homes nestled along 90 feet of serene Black River/Tower Pond. Currently thriving as rental units, these versatile dwellings could transform into a cozy family compound or a savvy investment--live in one and rent out the others for short- or long-term stays. Enjoy the tranquil waterfront setting and endless possibilities! . Unit 1- 2Bedrooms, 864 Sq Ft, Br 1 11.6x9.3, Br 2 11.6x9.3, Kit 9x11, LR 13x17, Bath 6x9. Unit 2-2 Bedrooms, 900 Sq Ft, Br 1 12 x 13, Br 2 10x11.5, Kit-LV 16x16, Din 7x11, Pantry 5x6 Bath 7x 6. Unit 3-1 Bedroom, 700 Sq Ft, Kit-LV-Dining 14x16, Br 10x10, Bath 9,5x6. 48 Hour advance notice for showings due to tenants. Refrigerator in Unit 1 is tenant owned, and a new water heater was installed in Unit 1 in June of 2025., Age: Unknown
Source: SparkMLS
About this home
5-bedroom, 3-bath home in Onaway.
Listed at $274,000.
Electric service is provided by Presque Isle Electric & Gas Cooperative.
Listing Property Details
Property TypeResidential
Property SubtypeSingle Family Residence
Bedrooms5
Bathrooms3
Location
CityOnaway
MunicipalityForest Twp
Zip Code49765
CountyCheboygan
Sale & Financing
Listed3/16/2026
Source: SparkMLS
Property Records
FEMA Flood Zone: Zone X — Minimal flood risk
Source: FEMA NFHLUSDA Rural Development: Eligible — 0% Down Payment Available
Verify eligibility at USDAListed by Daniel A Dougherty
State Wide Real Estate of Onaway
Frequently Asked Questions about 7039 River Bend Drive, Onaway, MI 49765
Is 7039 River Bend Drive, Onaway, MI 49765 eligible for USDA financing?
Per USDA boundary maps, this property is located in a USDA-eligible area, which means qualified buyers may be able to finance with 0% down through the USDA Rural Development program. Confirm current eligibility directly with USDA.
What is the FEMA flood zone designation for this property?
Per FEMA's National Flood Hazard Layer, 7039 River Bend Drive, Onaway, MI 49765 is in flood zone X (minimal risk). Flood insurance is not typically required in this zone but may still be advisable. FEMA flood maps are updated periodically — verify the current designation at msc.fema.gov.
Who are the utility providers for this property?
Per Michigan Public Service Commission service territory data: Electric: Presque Isle Electric & Gas Cooperative. Gas: Presque Isle Electric & Gas Cooperative. Confirm service details directly with providers.
How safe is this area?
For crime and public safety data, we recommend inquiring directly with the Forest Twp police department or the Cheboygan County sheriff's office.
Loading map...
Mortgage Calculator
$
%
$
$
$
Monthly payment$1,777
Principal & interest$1,777
Estimate only. Does not include PMI or other fees. Consult a lender for exact rates.
Utilities
Presque Isle Electric & Gas Cooperative
Co-op
Presque Isle Electric & Gas Cooperative
Co-op
MI Public Service Commission service territory boundaries.
Property
7039 River Bend Drive, Onaway, MI 49765
View full property history →
Get email alerts for new listings near 7039 River Bend Drive
We’ll notify you when new listings match your interests.
Munro Real Estate · MI Broker #6502405404 · No spam, one-click unsubscribe.