$379,900

338 Rail St Negaunee, MI 49866

Estimated payment $2,457/month

3 Beds
2.5 Baths
2,992 Sq Ft
$127 Price per Sq Ft

Highlights

  • Traditional Architecture
  • Wood Flooring
  • Forced Air Heating System
  • Lakeview Elementary School Rated A-
  • Furnished
  • Hot Water Heating System

About This Home

Charming and updated residence in the heart of downtown Negaunee, offering a rare blend of historic character, modern comfort, and versatile living spaces. This thoughtfully improved home features extensive updates throughout, creating a move-in-ready opportunity with room to tailor the property to your needs. The upper living space has been beautifully refreshed with new furnishings (2022), updated kitchen appliances, a 2025 tankless gas water heater, high-efficiency boiler, new washer and dryer (2025), and a full electrical tune-up. A complete sewer line and drain replacement was finished in 2022 for long-term peace of mind. Additional conveniences include an Ecobee smart thermostat, Schlage Encode keyless entry, and window A/C units. The layout provides comfortable everyday living, with warm natural light and inviting finishes throughout. On the main level, a spacious open area currently used as a commercial suite offers exceptional flexibility. It could be reimagined as additional living space, a studio, workshop, home office, or creative workspace—its size and configuration make it adaptable to many uses. Utilities on the main level are separately metered, opening the door to future customization. Below, a heated garage/basement adds even more value. This generous space works well for storage, hobbies, recreation gear, or project space, with the benefit of year-round warmth. The location places you right in the center of Negaunee’s vibrant downtown corridor—close to local shops, restaurants, and community amenities. Outdoor recreation is nearby with easy access to RAMBA trails, the Iron Ore Heritage Trail, and ATV/snowmobile routes. The Depot venue is just a short distance away, adding to the convenience. With its thoughtful updates, versatile layout, and unbeatable location, this property offers a unique opportunity to enjoy modern living in a dynamic and walkable downtown setting. Listing also listed under commercial MLS#50194886.

Listing Agent

Benjamin Argall

NEXTHOME SUPERIOR LIVING License #UPAR-6502430986 Listed on: 11/21/2025

NEXTHOME SUPERIOR LIVING

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,414

Year Built

  • Built in 1900

Lot Details

  • 5,227 Sq Ft Lot
  • Lot Dimensions are 174x46x143x34

Home Design

  • Traditional Architecture
  • Metal Siding

Interior Spaces

  • 2,992 Sq Ft Home
  • 2-Story Property
  • Furnished
  • Window Treatments
  • Wood Flooring
  • Basement Fills Entire Space Under The House
  • Oven or Range

Bedrooms and Bathrooms

  • 3 Bedrooms

Parking

  • 2 Car Garage
  • Heated Garage

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Hot Water Heating System
  • Heating System Uses Natural Gas
  • Gas Water Heater

Community Details

  • Downtown Subdivision

Listing and Financial Details

  • Assessor Parcel Number 52-53-010-058-50

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,414

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Originating MLS: Upper Peninsula Assoc of Realtors
  • Class: RESIDENTIAL
  • Type: 1 to 4 Units, Investment
  • Type Of Property: Single Family
  • Architecture Style: Traditional
  • Structure Style: 2 Story
  • Year Built: 1900
  • Mail City: Negaunee
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Interior Amenities: Hardwood Floors, Window Treatment(s), Furnished
  • Appliances: Range/Oven, Refrigerator
  • Basement: Yes
  • Basement: Full
  • Bedrooms: 3
  • Bedroom 1: On 2nd Floor, Dimensions: 15 x 11
  • Bedroom 2: On 2nd Floor, Dimensions: 14 x 11
  • Bedroom 3: On 2nd Floor, Dimensions: 14 x 11
  • Full Bathrooms: 2
  • Total Bathrooms: 3
  • Bathroom 1: Dimensions: 12 x 7, On Level: Second
  • Bathroom 2: Dimensions: 8 x 6, On Level: Second
  • Dining Room: On 2nd Floor, Dimensions: 12 x 14
  • Kitchen: On 2nd Floor, Dimensions: 16 x 11
  • Laundry: On 2nd Floor, Dimensions: 13 x 7
  • Living Room: On 2nd Floor, Dimensions: 18 x 13
  • Below Grade Sq Ft: 1449
  • Above Grade Finished Sq Ft: 2992
  • Total Finished Sq Ft: 2992
  • Half Bathrooms: 1

Exterior Features

  • Exterior: Metal Siding
  • Exterior Features: None (ExteriorFeatures)
  • Foundation: Basement
  • Frontage: 174
  • Road: Paved Street
  • Out Buildings: None (OtherStructures)
  • Frontage Type: Road

Garage/Parking

  • Garage: Heated Garage
  • Garage Spaces: 2
  • Parking: Garage
  • Garage: Yes

Utilities

  • Heating: Forced Air, Hot Water, Suspended Heaters
  • Heating Fuel: Natural Gas
  • Sewer: Public Sanitary
  • Water: Public Water
  • Water Heater: Gas
  • Cooling: Window Unit(s)

Lot Info

  • Assessor Parcel Number: 52-53-010-058-50
  • Zoning: Commercial
  • Lot Dimensions: 174x46x143x34
  • Acreage: 0.12
  • Geo Subdivision: MI
  • Site/Lot Features: Main Street, City Limits

Rental Info

  • Lease Terms: Less than 1 Year

MLS Schools

  • School District: Negaunee Public Schools

Map

Range of Values:

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Value Increase
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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 $5,414 $134,550 $0 $0
2024 $33 $121,550 $0 $0
2023 $3,163 $121,750 $0 $0
2022 $4,798 $92,000 $0 $0
2021 $5,465 $95,750 $0 $0
2020 $5,339 $92,000 $0 $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/21/2025 11/21/25 For Sale $379,900 -- $127 / Sq Ft
Source: Upper Peninsula Association of REALTORS®

Source: Upper Peninsula Association of REALTORS®

MLS Number: 50194888

Upper Peninsula Association of REALTORS®

APN: 52-53-010-058-50