431 Beech St Petoskey, MI 49770
About This Home
Turnkey Quadplex with Lake Views Near Downtown Petoskey. Capitalize on this rare investment opportunity just steps from the heart of downtown Petoskey. This multifamily property features four units: three one-bedroom layouts and one two-bedroom residence. This property boasts a solid rental history and is currently 100% occupied. Enjoy easy walkability to downtown dining and shopping, complemented by seasonal "peaks" of Little Traverse Bay. Includes a shared backyard for tenants, ample unmetered street parking, and owner storage space in the basement or future laundry room.
Home Details
Home Type
- Single Family
Home Design
- 2,275 Sq Ft Home
- Wood Frame Construction
Bedrooms and Bathrooms
- 5 Bedrooms
- 3 Full Bathrooms
Additional Features
- Laundry Room
- Property is zoned COP R-3
- Basement
Listing and Financial Details
- Assessor Parcel Number 52-19-05-301-017
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 | $5,276 | $130,300 | $130,300 | $0 |
| 2024 | $50 | $111,700 | $111,700 | $0 |
| 2023 | $2,225 | $95,400 | $95,400 | $0 |
| 2022 | $2,225 | $91,000 | $91,000 | $0 |
| 2021 | $2,162 | $77,400 | $77,400 | $0 |
| 2020 | $2,168 | $60,700 | $60,700 | $0 |
| 2019 | -- | $59,600 | $59,600 | $0 |
| 2018 | -- | $61,300 | $61,300 | $0 |
| 2017 | -- | $57,400 | $57,400 | $0 |
| 2016 | -- | $51,000 | $51,000 | $0 |
| 2015 | -- | $47,000 | $0 | $0 |
| 2014 | -- | $42,000 | $0 | $0 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 03/24/2026 03/24/26 | For Sale | $390,000 | 0.0% | $171 / Sq Ft |
| 10/12/2022 10/12/22 | Rented | $1,100 | 0.0% | -- |
| 10/12/2022 10/12/22 | Price Changed | $1,100 | -8.3% | $3 / Sq Ft |
| 09/16/2022 09/16/22 | For Rent | $1,200 | -- | -- |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | -- | -- | |
| Warranty Deed | $190,000 | -- |
Source: Northern Michigan MLS
MLS Number: 478914
APN: 52-19-05-301-017
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