$156,000
SOLD MAR 14, 2025

13 Clay St Manistee, MI 49660

-- Bed
-- Bath
-- Sq Ft
4,946 Sq Ft Lot

Recently Sold

35% Below List Price

332 Days on Market

Highlights

  • 1 Fireplace
  • Forced Air Heating System
  • Level Lot
  • Laundry Room

About This Home

As of March 2025

Great Investment Opportunity!
Well Maintained Duplex within walking distance to downtown Manistee. Gas and Electric are separated. Steel Roof added in 2022. Exterior also painted in 2022. Tenants each pay $1000.00 month in rent. Duplex is certified with city and compliant with recent inspection. Buyer to verify all measurements.

Last Agent to Sell the Property

Alan Pierce

Dwelling Realty - KW Northern Michigan License #6501435529 Listed on: 03/26/2024

Last Buyer's Agent

Alan Pierce

Dwelling Realty - KW Northern Michigan License #6501435529 Listed on: 03/26/2024

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1930

Lot Details

  • 4,946 Sq Ft Lot
  • Lot Dimensions are 40x132
  • Level Lot

Home Design

  • Metal Roof

Interior Spaces

  • 1 Fireplace

Laundry

  • Laundry Room
  • Laundry on main level
  • Gas Dryer Hookup

Basement

  • Michigan Basement
  • Partial Basement

Parking

  • 4 Parking Spaces
  • Driveway

Utilities

  • No Cooling
  • Forced Air Heating System
  • Space Heater
  • Heating System Uses Natural Gas
  • Individual Gas Meter
  • Phone Connected
  • Cable TV Available

Community Details

  • 2 Units
  • Net Operating Income $24,000

Listing and Financial Details

  • Tenant pays for electric, water, trash, sewer, gas
  • The owner pays for water

Property Details

Home Type

Multi-Family

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi Family
  • New Construction: No
  • Year Built: 1930
  • Location Property Info:Property Sub-Type: 2 to 4 Units
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 40x132
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • Tax Info:Annual Property Tax: 4439.0
  • General Property Info:Total _pound_ Units: 2
  • General Property Info:Total _pound_ Bldgs: 1.0
  • Heat Type:Forced Air: Yes
  • Heat Source:Natural Gas3: Yes
  • Substructure:Partial: Yes
  • Lot Description:Level: Yes
  • Util Avail at Street:Public Sewer: Yes
  • Util Avail at Street:Public Water: Yes
  • Substructure:Michigan Basement: Yes
  • Roofing:Metal: Yes
  • Extras:Sep Gas Meter: Yes
  • Heat Type:Space Heater: Yes
  • Laundry Features Laundry Room: Yes
  • Laundry Features Main Level: Yes
  • Laundry Features Gas Dryer Hookup: Yes
  • Laundry Features Electric Dryer Hookup: Yes
  • Util Avail at Street Electricity Available: Yes
  • Utilities Attached Electricity Connected: Yes
  • Utilities Attached Natural Gas Connected: Yes
  • Util Avail at Street Natural Gas Available: Yes
  • Util Avail at Street Cable Available: Yes
  • Util Avail at Street Phone Available: Yes
  • Utilities Attached Cable Connected: Yes
  • Utilities Attached Phone Connected: Yes
  • Sewer:Public Sewer5: Yes
  • Water:Public Water4: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Accessibility Features: Covered Entrance
  • Fireplaces: 1
  • Basement: Michigan Basement, Partial
  • Basement: Yes

Exterior Features

  • Construction Materials: Other
  • List Price: 159900.0
  • Lot Features: Level, Sidewalk
  • Number of Buildings: 1
  • Roof: Metal
  • Waterfront: No
  • Access Feat:Accessibility Features2: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Asphalt, Driveway
  • Total Parking Spaces: 4.0
  • General Property Info:Total Parking Spaces: 4.0

Utilities

  • Cooling: None
  • Cooling: No
  • Heating: Forced Air, Space Heater
  • Heating: Yes
  • Laundry Features: Electric Dryer Hookup, Gas Dryer Hookup, Laundry Room, Main Level
  • Sewer: Public Sewer
  • Utilities: Phone Available, Natural Gas Available, Electricity Available, Cable Available, Phone Connected, Natural Gas Connected, Electricity Connected, Cable Connected, Storm Sewer

Lot Info

  • Lot Size Acres: 0.11
  • Lot Size Area: 0.11
  • Lot Dimensions: 40x132
  • Lot Size Sq Ft: 4946.0
  • ResoLotSizeUnits: Acres

Rental Info

  • Owner Pays: Water
  • Tenant Pays: Electric, Water, Trash, Sewer, Gas

Multi Family

  • Net Operating Income: 24000.0
  • Number of Units Total: 2

Tax Info

  • Tax Annual Amount: 4439.0
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 26, 2024
Closed on
Mar 17, 2025
Sold by
Stickney Jason D
Bought by
Hamilton Mike and Thompson Megan
Seller's Agent
Alan Pierce
Dwelling Realty - KW Northern Michigan
Buyer's Agent
Alan Pierce
Dwelling Realty - KW Northern Michigan
List Price
$239,900
Sold Price
$156,000
Premium/Discount to List
-$83,900
-34.97%
Views
126
Current Estimated Value
$169,758

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$13,758
Avg. Annual Appreciation
12.83%

Purchase Details

Listed on
Oct 4, 2016
Closed on
Jun 12, 2017
Sold by
Shane Patulski
Bought by
Stickney Properties Llc
Seller's Agent
Don Bradley
LIGHTHOUSE REALTY-Ludington
Buyer's Agent
Randall Zakrajsek
RE/MAX Bayshore Manistee
List Price
$40,000
Sold Price
$27,000
Premium/Discount to List
-$13,000
-32.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
25.36%

Purchase Details

Closed on
Sep 27, 2013
Sold by
Schrader Anita
Bought by
Schrader Anita Marie Estate
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $156,000 --
Grant Deed $27,000 --
Corporate Deed -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/14/2025 03/14/25 Sold $156,000 -2.4% --
01/09/2025 01/09/25 Price Changed $159,900 -3.0% --
12/14/2024 12/14/24 Price Changed $164,900 -5.7% --
11/01/2024 11/01/24 Price Changed $174,900 -12.5% --
07/31/2024 07/31/24 Price Changed $199,900 -7.0% --
04/16/2024 04/16/24 Price Changed $215,000 -10.4% --
03/26/2024 03/26/24 For Sale $239,900 +788.5% --
06/12/2017 06/12/17 Sold $27,000 -32.5% -- View Prior Sale
04/18/2017 04/18/17 Pending -- -- --
10/04/2016 10/04/16 For Sale $40,000 -- --
Source: MichRIC

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $2,820 $75,600 $0 $0
2024 $1,588 $72,100 $0 $0
2023 $1,528 $58,800 $0 $0
2022 $2,517 $49,100 $49,100 $0
2021 $2,447 $46,500 $46,500 $0
2020 $2,315 $41,400 $41,400 $0
2019 $2,285 $38,300 $38,300 $0
2018 $2,341 $39,100 $39,100 $0
2017 $2,024 $36,500 $36,500 $0
2016 $1,211 $35,800 $35,800 $0
2015 -- $33,400 $33,400 $0
2014 -- $34,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MichRIC

MLS Number: 24014413

MichRIC

APN: 51-448-727-07