NOT LISTED FOR SALE

726 S Huron St Cheboygan, MI 49721

Estimated Value: $501,554

Studio
10 Baths
7,500 Sq Ft
$67/Sq Ft Est. Value

Sale Details

Date Sold: December 19, 2025

Last sale price $499,000 $67 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $3,351 / mo

58 Days on Market

Highlights

  • 2.5 Acre Lot
  • Cooling Available
  • Baseboard Heating
  • Fireplace
  • Shed

About This Home

As of December 2025

Excellent investment opportunity — a fully occupied 6-unit apartment complex ideally located directly across from McLaren Hospital and just minutes from Downtown Cheboygan. The property totals approximately 7,500 SF on 2.5 ± acres and consists of three 3-bedroom / 1.5-bath units and three 2-bedroom / 1.5-bath units, all currently leased month-to-month. Each unit offers two private parking spaces, a semi-private backyard area, and a dedicated storage shed. Currently offered at an approximate 8.35% CAP rate, with value-add potential through future development of the property’s excess acreage. Don’t miss this opportunity to invest in one of Cheboygan’s best-located multifamily assets.

Last Agent to Sell the Property

Alex MacKenzie

Coldwell Banker Schmidt Traverse City Listed on: 10/22/2025

Coldwell Banker Schmidt Traverse City

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1960

Lot Details

  • 2.5

Home Design

  • Slab Foundation
  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • 10 Bathrooms
  • 7,500 Sq Ft Home
  • 2-Story Property
  • Fireplace
  • Oven or Range

Laundry

  • Dryer
  • Washer

Utilities

  • Cooling Available
  • Baseboard Heating

Additional Features

  • Shed
  • 2.5 Acre Lot

Listing and Financial Details

  • Rent includes trash collection, snow removal, water, sewer

Community Details

Overview

  • 2 Buildings
  • 6 Units

Pet Policy

  • No Pets Allowed

Property Details

Home Type

Multi-Family

Year Built

Built in 1960

Lot Details

2.5 Acres

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi Family
  • Community Features: None
  • Horses: No
  • Has Spa?: No
  • Has View?: No
  • Association Fee Frequency: Annually
  • Co List Office Mls Id: T157435
  • Subdivision Name: N/A
  • Accessibility Features: None
  • Has Fireplace?: Yes
  • Unit Levels: Two
  • Living Area: 7500
  • Is New Construction?: No
  • Property Attached Yn: Yes
  • Year Built: 1960
  • Special Features: None

Interior Features

  • Interior Amenities: Other, High Speed Internet, Cable TV
  • Number Of Buildings: 2
  • Appliances: Refrigerator, Oven/Range, Washer, Dryer
  • Fireplace Features: Other
  • Stories: 2

Exterior Features

  • Exterior Features: Other
  • Roof: Asphalt
  • Has Private Pool?: No
  • Waterfront Features: None
  • Waterfront?: No
  • Home Warranty: No
  • Construction Type: Frame, Vinyl Siding, Brick
  • Foundation Details: Slab
  • Other Structures: Shed(s)

Garage/Parking

  • Has Carport?: No
  • Has Attached Garage?: No
  • Has Open Parking?: No
  • Parking Features: None

Utilities

  • Sewer: Public Sewer
  • Cooling: Electric
  • Heating: Baseboard
  • Water Source: Public

Condo/Co-op/Association

  • HOA Rent Includes: Trash Collection, Snow Removal, Water, Sewer, Other
  • Pets Allowed: false

Schools

  • Junior High Dist: Cheboygan Area Schools

Lot Info

  • Land Lease Amount Frequency: Annually
  • Lot Size Sq Ft: 108900
  • Zoning Description: Multi-Family

Rental Info

  • Lease Term: Month To Month

Multi Family

  • Number Of Units Total: 6
  • Above Grade Finished Area Units: Square Feet

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 22, 2025
Closed on
Dec 18, 2025
Sold by
Bought by
Seller's Agent
Alex MacKenzie
Coldwell Banker Schmidt Traverse City
List Price
$499,000
Sold Price
$499,000
Views
12
Current Estimated Value
$501,554

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,554
Avg. Annual Appreciation
1.05%
Original Mortgage
$374,250
Outstanding Balance
$370,282
Interest Rate
6.26%
Mortgage Type
New Conventional
Estimated Equity
$131,272

Purchase Details

Listed on
Oct 22, 2025
Closed on
Nov 10, 2025
Sold by
Bought by
Seller's Agent
Alex MacKenzie
Coldwell Banker Schmidt Traverse City
List Price
$499,000
Sold Price
$499,000
Views
12

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$374,250
Outstanding Balance
$370,282
Interest Rate
6.26%
Mortgage Type
New Conventional
Estimated Equity
$131,272
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$499,000 --
-- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $374,250
Closed $374,250
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
12/19/2025 12/19/25 Sold $499,000 0.0% $67 / Sq Ft
10/22/2025 10/22/25 For Sale $499,000 -- $67 / Sq Ft
Source: Northern Great Lakes REALTORS® MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $7,760 $172,700 $0 $0
2025 $6,242 $190,400 $0 $0
2024 $6,150 $174,200 $0 $0
2023 $5,887 $167,300 $0 $0
2022 $5,658 $149,500 $0 $0
2021 $6,625 $115,900 $115,900 $0
2020 $6,556 $113,900 $113,900 $0
2019 $6,402 $118,600 $118,600 $0
2018 $6,242 $114,100 $0 $0
2017 $6,052 $106,200 $0 $0
2016 $5,994 $106,200 $0 $0
2015 -- $101,500 $0 $0
2014 -- $109,700 $0 $0
2012 -- $120,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Alex MacKenzie

    Seller's Agent in 2025

    Alex MacKenzie

    Coldwell Banker Schmidt Traverse City

    (231) 499-0529

    1 in this area

    26 Total Sales

    Alex MacKenzie
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Map

Source: Northern Great Lakes REALTORS® MLS

MLS Number: 1939804

Northern Great Lakes REALTORS® MLS

APN: 055-G17-001-019-00

Michigan Cheboygan County Cheboygan 49721

726 S Huron St, Cheboygan, MI

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Northern Great Lakes REALTORS® MLS The information in this listing was gathered from third-party sources including the seller. Northern Great Lakes REALTORS® MLS and its subscribers disclaim any and all representations or warranties as to the accuracy of this information.

Copyright 2026 Northern Great Lakes REALTORS® MLS. All Rights Reserved.

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