382 4th St Manistee, MI 49660
Estimated payment $2,151/month
Highlights
- Lobby
- Ceiling Fan
- Laundry Facilities
- Forced Air Heating System
- Garage
About This Home
Income-Producing 5-Unit Multi-Family Home in the Heart of Manistee!
Discover a prime investment opportunity with this updated 5-unit multi-family property located in charming Manistee. This spacious home offers excellent income potential with two units currently rented at $800/month and room to increase cash flow. Recent updates throughout include new flooring, modernized bathrooms, replacement windows, and newer railings—making this property move-in ready for both tenants and investors. Each unit has it's own furnace and utility meters. Whether you’re looking to expand your portfolio or live in one unit while renting the rest, this property offers flexibility and long-term value. Don’t miss your chance to own a well-maintained, income-generating asset just minutes from downtown, beaches, and all that Manistee has to offer!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
Year Built
- Built in 1900
Lot Details
- 7,841 Sq Ft Lot
- Lot Dimensions are 62x122
Parking
- Garage
Home Design
- Block Foundation
- Asphalt Roof
- Asphalt
Interior Spaces
- 5 Full Bathrooms
- 2,000 Sq Ft Home
- 2-Story Property
- Ceiling Fan
- Unfinished Basement
- Basement Window Egress
Utilities
- Forced Air Heating System
- Heating System Uses Natural Gas
- Natural Gas Water Heater
Listing and Financial Details
- Assessor Parcel Number 5157472609
Community Details
Overview
- 5 Units
- Tyson & Co Add Subdivision
Amenities
- Laundry Facilities
- Lobby
Pet Policy
- Call for details about the types of pets allowed
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 | $3,030 | $109,300 | $0 | $0 |
| 2024 | $1,706 | $93,300 | $0 | $0 |
| 2023 | $1,642 | $86,400 | $0 | $0 |
| 2022 | $2,705 | $72,800 | $72,800 | $0 |
| 2021 | $2,630 | $64,300 | $64,300 | $0 |
| 2020 | $2,488 | $53,000 | $53,000 | $0 |
| 2019 | $2,456 | $44,400 | $44,400 | $0 |
| 2018 | $2,406 | $41,600 | $41,600 | $0 |
| 2017 | $2,357 | $40,100 | $40,100 | $0 |
| 2016 | $1,411 | $40,600 | $40,600 | $0 |
| 2015 | -- | $38,900 | $38,900 | $0 |
| 2014 | -- | $45,100 | $0 | $0 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/28/2025 08/28/25 | For Sale | $349,000 | -- | $175 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | -- | -- | |
| Warranty Deed | $99,500 | -- |
Source: Realcomp
MLS Number: 20251022119
APN: 51-574-726-09
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Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393