Seller's Agent in 2024
MELISSA MIKUS
UPWARDS REAL ESTATE
(906) 420-2404
1 in this area
171 Total Sales
159 River St Manistique, MI 49854
Estimated Value: $151,914
4
Beds
3
Baths
2,090
Sq Ft
$73/Sq Ft
Est. Value
Highlights
- 1 Car Attached Garage
- 1-Story Property
- Baseboard Heating
- Living Room
- Ceiling Fan
- 3-minute walk to Indian Lake State Park
About This Home
As of December 2024Welcome to this exceptional multi-family investment opportunity! Nestled in a desirable neighborhood, this well-maintained property features three spacious rental units, making it an ideal choice for investors or homeowners looking to supplement their income. This property boasts three distinct rental units, each uniquely designed to maximize comfort and privacy. Unit 1: A versatile studio space for office rental or one bedroom apartment. A solid brick building with the added bonus of a garage on the backside. Unit 2: A generous sized two bedroom, one bathroom unit that includes a bright open-concept living and dining area, perfect for entertaining guests. The modern kitchen includes appliances and ample cabinet space. Unit 3: A cozy one bedroom, one bathroom unit featuring a private entrance, ideal for singles or couples. This unit offers a charming living space with large windows that fill the room with natural light. Conveniently situated in a thriving neighborhood, this property is just minutes away from local shops and restaurants. Its prime location ensures high demand from potential tenants. Enjoy ample parking making it easy for residents and guests alike. With three units the income potential presents lucrative investment opportunity. Whether you are an experienced investor or a first-time buyer looking to live in one unit while renting out the others, this property offers endless possibilities. Don't miss your chance to own this charming multi-unit in sought after area.
Last Agent to Sell the Property
UPWARDS REAL ESTATE License #UPAR-6506046998 Listed on: 09/03/2024
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1950
Lot Details
- 0.26 Acre Lot
- Lot Dimensions are 60 x 192
Home Design
- Duplex
- Brick Exterior Construction
- Slab Foundation
- Vinyl Siding
- Vinyl Trim
Interior Spaces
- 1-Story Property
- Ceiling Fan
- Living Room
- Oven or Range
Bedrooms and Bathrooms
- 4 Bedrooms
- 3 Full Bathrooms
Laundry
- Laundry on main level
- Washer
Parking
- 1 Car Attached Garage
- Unassigned Parking
Utilities
- Baseboard Heating
- Hot Water Heating System
- Separate Meters
- Gas Water Heater
- Internet Available
Community Details
- 3 Units
Listing and Financial Details
- Assessor Parcel Number 051-700-321-00
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 12/12/2024 12/12/24 | Sold | $142,500 | -28.4% | $68 / Sq Ft | |
| 11/25/2024 11/25/24 | Pending | -- | -- | -- | |
| 09/03/2024 09/03/24 | For Sale | $199,000 | +53.1% | $95 / Sq Ft | |
| 03/11/2022 03/11/22 | Sold | $130,000 | -25.7% | $55 / Sq Ft | View Prior Sale |
| 02/02/2022 02/02/22 | Pending | -- | -- | -- | |
| 10/25/2021 10/25/21 | For Sale | $175,000 | -- | $74 / Sq Ft |
Source: Upper Peninsula Association of REALTORS®
Tax History Compared to Growth
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 | $3,106 | $65,500 | $0 | $0 |
| 2024 | $2,125 | $57,300 | $0 | $0 |
| 2023 | $1,677 | $50,200 | $6,500 | $43,700 |
| 2022 | $1,677 | $41,600 | $0 | $0 |
| 2021 | $2,451 | $40,200 | $0 | $0 |
| 2020 | $2,925 | $42,300 | $0 | $0 |
| 2019 | $1,829 | $42,800 | $0 | $0 |
| 2018 | $1,721 | $42,800 | $0 | $0 |
| 2017 | -- | $39,500 | $0 | $0 |
| 2016 | -- | $37,600 | $0 | $0 |
| 2014 | -- | $46,078 | $0 | $0 |
| 2013 | -- | $0 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
MELISSA MIKUS
-
Travis Wood
Buyer's Agent in 2024
Travis Wood
GROVER REAL ESTATE
(906) 450-5080
122 in this area
297 Total Sales
-
David Muxlow
Seller's Agent in 2022
David Muxlow
GROVER REAL ESTATE
(906) 450-0184
115 in this area
539 Total Sales
-
M
Buyer's Agent in 2022
Mark Bullard
KELLER WILLIAMS FIRST UP
Map
Source: Upper Peninsula Association of REALTORS®
MLS Number: 50154147
APN: 051-700-321-00
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
Nearby Homes
- TBD U S Highway 2
- 6838 U S Highway 2
- 508 Michigan Ave
- 620 Manistique Ave
- 27 S 1st St
- 511 Arbutus Ave
- 325 N Houghton Ave
- 540 Arbutus Ave
- Parcel 2 Michigan Ave
- Parcel 1 Michigan Ave
- Parcel 1-3 Michigan Ave
- 713 Arbutus Ave
- TBD Deer ST. Deer St
- 9 N 4th St
- 109 N 5th St
- 831 Manistique Ave
- 224 Fifth St
- VL Leach St
- 737 E Lakeshore Dr
- 558 County Road 440