$174,900
$5K PRICE DROP

221 5th St Manistee, MI 49660

Estimated payment $1,177/month

Total Views 6,324
-- 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: 174900.0
  • 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

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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
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

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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