$159,000
$21K PRICE DROP

221 5th St Manistee, MI 49660

Estimated payment $1,091/month

Total Views 13,396
-- Bed
-- Bath
-- Sq Ft
-- Price per Sq Ft

About This Home

Investment Opportunity- Multi-Purpose Building in the City of Manistee. 2 large upper rental units with their own laundry and Spacious Kitchen! 1 Bed 1 Bath and a 2 Bed 1 Bath. Below is a Retail Space with plenty of Storage. Off street parking and attached oversized 2 Car Garage with 10' Over Head Door.

Listing Agent

Alan Pierce

Five Star Real Estate - Onekama License #6501435529 Listed on: 02/12/2026

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $2,920

Year Built

  • Built in 1880

Lot Details

  • 4,935 Sq Ft Lot
  • Lot Dimensions are 67x78
  • Corner Lot

Home Design

  • Composition Roof
  • Aluminum Siding

Laundry

  • Laundry in unit

Basement

  • Basement Fills Entire Space Under The House
  • Michigan Basement

Parking

  • 2 Parking Spaces
  • Driveway

Utilities

  • Forced Air Heating System
  • Space Heater
  • Heating System Uses Natural Gas

Community Details

  • 2 Buildings
  • 3 Units

Listing and Financial Details

  • The owner pays for water

Property Details

Home Type

Apartment

Est. Annual Taxes

$2,920

Year Built

Built in 1880

Lot Details

4,935 Sq Ft Lot

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi Family
  • New Construction: No
  • Year Built: 1880
  • General Property Info:Basement: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full, Michigan Basement
  • Basement: Yes

Exterior Features

  • Construction Materials: Aluminum Siding
  • List Price: 159000.0
  • Lot Features: Corner Lot
  • Number of Buildings: 2
  • Road Surface Type: Paved
  • Roof: Composition
  • Waterfront: No
  • Access Feat:Accessibility Features2: No

Garage/Parking

  • Attached Garage: No
  • Parking Features: Concrete
  • Total Parking Spaces: 2.0

Utilities

  • Heating: Forced Air, Space Heater, None
  • Heating: No
  • Laundry Features: In Unit
  • Sewer: Public Sewer
  • Utilities: Natural Gas Connected, Electricity Connected, Electricity Available, Natural Gas Available
  • Water Source: Public Water

Lot Info

  • Lot Size Acres: 0.1133
  • Lot Size Area: 0.11
  • Lot Dimensions: 67x78
  • Lot Size Sq Ft: 4935.0

Rental Info

  • Owner Pays: Water
  • Tenant Pays: Electricity, Gas

Multi Family

  • Number of Units Total: 3

Tax Info

  • Tax Annual Amount: 2920.0
  • Tax Year: 2025

Map

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $2,920 $41,800 $0 $0
2024 $14 $39,000 $0 $0
2023 $1,379 $38,300 $0 $0
2022 $1,346 $33,100 $33,100 $0
2021 $1,309 $37,300 $37,300 $0
2020 $1,238 $32,400 $32,400 $0
2019 $1,222 $31,200 $31,200 $0
2018 $1,197 $20,000 $20,000 $0
2017 $1,353 $22,600 $22,600 $0
2016 $1,048 $29,300 $29,300 $0
2015 -- $28,900 $28,900 $0
2014 -- $29,600 $0 $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/06/2026 05/06/26 Price Changed $159,000 -9.1% --
03/14/2026 03/14/26 Price Changed $174,900 -2.8% --
02/12/2026 02/12/26 For Sale $179,900 -- --
Source: MichRIC

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Type Sale Price Title Company
Deed $65,000 --
Warranty Deed $71,000 --
Source: Public Records

Source: MichRIC

MLS Number: 26005165

MichRIC

APN: 51-648-704-01

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