$275,000

803 Elm St Hancock, MI 49930

Estimated payment $1,764/month

Total Views 392
5 Beds
2.5 Baths
3,040 Sq Ft
$90 Price per Sq Ft

Highlights

  • Wood Flooring
  • Central Air
  • Hot Water Heating System
  • Porch
  • Ceiling Fan
  • Laundry Facilities

About This Home

This well-maintained duplex offers a fantastic location near the waterfront/beach, downtown Hancock, shops, schools, the hospital, and the neighborhood park. Both units feature entrances from the front and back of the property. Notably, the electrical system has been completely updated by the current owners.The main floor unit includes one bedroom, a kitchen, a bathroom, and access to the enclosed front porch. The upstairs unit is spread across two levels. The first upper level has two bedrooms (with the living room easily convertible into a third bedroom), a full bathroom, and a kitchen. A staircase leads to the upper level (formerly the attic), which features two additional bedrooms, a sitting area (also potentially usable as a bedroom), and a half-bath. Both attic bedrooms are equipped with air conditioning. There are shared laundry facilities located in the basement, accessible via a stairwell from the back of both units. Historically, the main floor unit has utilized parking on the side of the house, while the upper unit has used the parking area accessible from the alley. This property presents an excellent income opportunity with a history of consistent occupancy. Please note that the current tenant requires at least 48 hours' notice for all viewing appointments.

Listing Agent

Jennifer Deephouse

STATE WIDE OF HOUGHTON License #UPAR Listed on: 06/09/2025

Co-Listing Agent

Michael Haanela

STATE WIDE OF HOUGHTON License #UPAR

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

Year Built

  • Built in 1910

Lot Details

  • 5,663 Sq Ft Lot
  • Lot Dimensions are 50x118

Home Design

  • Wood Siding

Interior Spaces

  • Ceiling Fan
  • Wood Flooring
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 5 Bedrooms

Outdoor Features

  • Porch

Utilities

  • Central Air
  • Hot Water Heating System
  • Separate Meters
  • Internet Available
  • Satellite Dish

Listing and Financial Details

  • Assessor Parcel Number 051-404-013-00

Community Details

Overview

  • 2 Units
  • Hancock Copper Mining Cos Add Subdivision

Amenities

  • Laundry Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,662

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Originating MLS: Upper Peninsula Assoc of Realtors
  • Class: MULTIFAMILY
  • Type Of Property: Multi-Family
  • Structure Style: More Than 2 Stories
  • Year Built: 1910
  • Mail City: Hancock
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Cable/Internet Avail., Hardwood Floors
  • Basement: Yes
  • Basement Type: Full
  • Bedrooms: 5
  • Full Bathrooms: 2
  • Total Bathrooms: 3
  • Source of Sq Ft: Cubicasa
  • Estimated Sq Ft: 3040
  • Half Bathrooms: 1

Exterior Features

  • Construction: Wood
  • Exterior Features: Porch, Satellite Dish
  • Frontage: 50
  • Foundation Type: Basement
  • Roads: City/County, Year Round

Utilities

  • Water: Public Water
  • Cooling System: Ceiling Fan(s), Central A/C
  • Fuel Type: Electric, Natural Gas
  • Heating System: Hot Water
  • Separate Electric: Yes
  • Separate Heat: Yes
  • Sewer/Septic System: Public Sanitary

Condo/Co-op/Association

  • Community Amenities: Laundry Facility

Lot Info

  • Assessor Parcel Number: 051-404-013-00
  • Lot Dimensions: 50x118
  • Acreage: 0.13
  • Geo Subdivision: MI

Rental Info

  • Lease Information: Less Than 1 Year, Gas Included, Heat Included, Security Deposit, Water Included

Tax Info

  • Summer Tax: Year: 2024, Amount: $3,662.00
  • Winter Tax: Year: 2024, Amount: $245.00
  • Total Tax: Amount: $3,907.00

Multi Family

  • Total Units: 2

MLS Schools

  • School District: Hancock Public Schools

Map

Range of Values:

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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
2024 $3,662 $73,897 $0 $0
2023 $3,515 $61,881 $0 $0
2022 $2,743 $48,219 $0 $0
2021 $2,655 $45,340 $0 $0
2020 $2,621 $41,222 $0 $0
2019 $2,605 $40,719 $0 $0
2018 $2,490 $39,766 $0 $0
2017 $2,379 $38,530 $0 $0
2016 -- $47,712 $0 $0
2015 -- $47,712 $0 $0
2014 -- $45,877 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/09/2025 06/09/25 For Sale $275,000 +51.9% $90 / Sq Ft
05/10/2022 05/10/22 Sold $181,000 +3.5% $60 / Sq Ft
03/16/2022 03/16/22 Pending -- -- --
03/09/2022 03/09/22 For Sale $174,900 +130.1% $58 / Sq Ft
02/13/2017 02/13/17 Sold $76,000 -20.0% $34 / Sq Ft
01/07/2017 01/07/17 Pending -- -- --
07/13/2015 07/13/15 For Sale $95,000 -- $42 / Sq Ft
Source: Upper Peninsula Association of REALTORS®

Purchase History

Date Type Sale Price Title Company
Deed $181,000 Transnation Title Agcy - Upper
Grant Deed $76,000 Copper Range Abs & Title
Deed $60,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $117,650 New Conventional
Previous Owner $57,000 New Conventional
Source: Public Records

Source: Upper Peninsula Association of REALTORS®

MLS Number: 50177694

Upper Peninsula Association of REALTORS®

APN: 051-404-013-00