326 Schoolcraft Ave Manistique, MI 49854
Estimated payment $848/month
Highlights
- Main Floor Bedroom
- Living Room
- Many Trees
- Porch
- Forced Air Heating System
About This Home
This beautifully remodeled duplex is a prime investment opportunity you won’t want to miss. Featuring maintenance-free vinyl siding and a brand-new roof, the exterior offers peace of mind and long-lasting protection. A private driveway provides convenient off-street parking, and the deep 198-foot lot offers plenty of outdoor space for tenants to enjoy. Inside, both units have been completely updated in recent years with fresh paint, new flooring, and modern finishes throughout. Each apartment features two bedrooms, with separate heat and electricity—utilities paid by the tenants. The landlord is only responsible for water and sewer. Both units are currently rented to excellent tenants, providing immediate cash flow. The lower unit includes a dedicated laundry room, and a shared basement offers additional storage for both units. With minimal maintenance required, this is the perfect addition to any rental portfolio. Schedule your showing today and take advantage of this turnkey investment!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
Year Built
- Built in 1910
Lot Details
- 0.3 Acre Lot
- Lot Dimensions are 67x198
- Many Trees
Parking
- 3 Car Parking Spaces
Home Design
- Duplex
- Vinyl Siding
Interior Spaces
- 2-Story Property
- Living Room
- Oven or Range
Bedrooms and Bathrooms
- 4 Bedrooms
- Main Floor Bedroom
- 2 Full Bathrooms
Laundry
- Laundry on main level
- Dryer
- Washer
Basement
- Partial Basement
- Block Basement Construction
Outdoor Features
- Breezeway
- Porch
Utilities
- Forced Air Heating System
- Space Heater
- Separate Meters
- Electric Water Heater
- Internet Available
Community Details
- 2 Units
- Net Operating Income $19,200
Listing and Financial Details
- Assessor Parcel Number 051-181-015-00
Map
Home Values in the Area
Average Home Value in this Area
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 | $1,556 | $29,800 | $0 | $0 |
| 2024 | $1,064 | $26,400 | $0 | $0 |
| 2023 | $793 | $29,600 | $0 | $0 |
| 2022 | $793 | $24,500 | $0 | $0 |
| 2021 | $1,159 | $23,200 | $0 | $0 |
| 2020 | $814 | $24,100 | $0 | $0 |
| 2019 | $807 | $22,400 | $0 | $0 |
| 2018 | $1,056 | $22,400 | $0 | $0 |
| 2017 | -- | $22,400 | $0 | $0 |
| 2016 | -- | $22,500 | $0 | $0 |
| 2014 | -- | $25,369 | $0 | $0 |
| 2013 | -- | $0 | $0 | $0 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/08/2025 07/08/25 | For Sale | $130,000 | +126.1% | $78 / Sq Ft |
| 10/17/2022 10/17/22 | Sold | $57,500 | -17.7% | $30 / Sq Ft |
| 09/26/2022 09/26/22 | Pending | -- | -- | -- |
| 09/19/2022 09/19/22 | Price Changed | $69,900 | +1.3% | $36 / Sq Ft |
| 09/19/2022 09/19/22 | For Sale | $69,000 | -- | $36 / Sq Ft |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Closed | $43,000 | Future Advance Clause Open End Mortgage |
Source: Upper Peninsula Association of REALTORS®
MLS Number: 50180980
APN: 051-181-015-00
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