For sale

$125,000

115 Chestnut St, Munising, MI 49862

4beds

1,662sqft

Get pre-qualified

Multi Family

Built in 1890

-- sqft lot

$-- Zestimate^®

$75/sqft

$-- HOA

What's special

Natural lighting

Duplex in the heart of Munising! Live in one unit and rent out the other or a potential cash flow opportunity. Buy it with 113 Chestnut! The 4 beds, 2 bathrooms, are split between the upper and lower unit. The upstairs unit is well maintained with natural lighting. The living room is central and spacious. Parking is available in the back off the alley and is shared with 113 Chestnut. The lower unit also has 2 bedrooms. The opportunity to create equity with renovating and updating the space is here. Both units pull a positive cash flow and it's worth taking a look to see if this would be a good fit for someone looking to get into a home and pay part of their mortgage or looking to add a rental to their portfolio in this idyllic Lake Superior town.

37 days

109

8

Loading...

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 4
Bathrooms: 2
Full bathrooms: 2

Heating

Forced Air

Appliances

Included: Range/Oven, Electric Water Heater

Features

Has basement: No
Has fireplace: No

Interior area

Total structure area: 1,662
Total interior livable area: 1,662 sqft

Property

Parking

Total spaces: 3
Parking features: 3 or More Spaces, Garage
Has garage: Yes

Features

Levels: Two
Stories: 2
Patio & porch: Deck
Waterfront features: None

Lot

Size: 3,920 Square Feet
Dimensions: 33.40 x 117
Features: Main Street, Walk to School

Details

Parcel number: 0205115201000
Zoning description: Residential

Construction

Type & style

Home type: MultiFamily
Architectural style: Conventional Frame
Property subtype: Multi Family

Materials

Vinyl Siding
Foundation: Slab

Condition

Year built: 1890

Utilities & green energy

Electric: 100 Amp Service
Gas: Natural Gas
Sewer: Public Sanitary
Water: Public
Utilities for property: Electricity Connected, Natural Gas Connected

Community & HOA

Community

Subdivision: N.A

Location

Region: Munising

Financial & listing details

Price per square foot: $75/sqft
Annual tax amount: $2,719
Date on market: 5/26/2026
Cumulative days on market: 18 days
Listing agreement: Exclusive Right To Sell
Listing terms: Cash,Conventional
Ownership type: LLC
Total actual rent: 1850
Road surface type: Paved

Estimated market value

Not available

Estimated sales range

Not available

$1,758/mo

Price history

Date	Event	Price
6/29/2026	Listed for sale	$125,000$75/sqft
Source: MiRealSource #50208888 Report a problem
6/9/2026	Pending sale	$125,000$75/sqft
Source: MiRealSource #50208888 Report a problem
5/26/2026	Listed for sale	$125,000-3.1%$75/sqft
Source: MiRealSource #50208888 Report a problem
9/2/2025	Listing removed	$129,000$78/sqft
Source: Upper Peninsula AOR #50163769 Report a problem
4/7/2025	Price change	$129,000-3.7%$78/sqft
Source: Upper Peninsula AOR #50163769 Report a problem
3/7/2025	Listed for sale	$134,000$81/sqft
Source: Upper Peninsula AOR #50163769 Report a problem
2/6/2025	Listing removed	$134,000$81/sqft
Source: Upper Peninsula AOR #50163769 Report a problem
1/2/2025	Listed for sale	$134,000-0.7%$81/sqft
Source: Upper Peninsula AOR #50163769 Report a problem
2/6/2024	Listing removed	$134,900$81/sqft
Source: Upper Peninsula AOR #50127055 Report a problem
11/6/2023	Listed for sale	$134,900$81/sqft
Source: Upper Peninsula AOR #50127055 Report a problem
5/27/2023	Listing removed	$134,900$81/sqft
Source: Upper Peninsula AOR #50101852 Report a problem
5/23/2023	Price change	$134,900-2.2%$81/sqft
Source: Upper Peninsula AOR #50101852 Report a problem
4/12/2023	Listed for sale	$137,900$83/sqft
Source: Upper Peninsula AOR #50101852 Report a problem
4/10/2023	Pending sale	$137,900$83/sqft
Source: Upper Peninsula AOR #50101852 Report a problem
2/20/2023	Listed for sale	$137,900+244.7%$83/sqft
Source: Upper Peninsula AOR #50101852 Report a problem
3/24/2021	Listing removed	--
Source: Owner Report a problem
2/25/2020	Sold	$40,000-11.1%$24/sqft
Source: Agent Provided Report a problem
1/10/2020	Listed for sale	$45,000+15.4%$27/sqft
Source: Owner Report a problem
4/9/2015	Listing removed	$39,000$23/sqft
Source: Land and Lakes RE Co. #1084602 Report a problem
7/29/2014	Listed for sale	$39,000-2.3%$23/sqft
Source: Owner Report a problem
10/1/2013	Listing removed	$39,900$24/sqft
Source: LAND AND LAKES REAL ESTATE CO. #1071582 Report a problem
7/31/2013	Price change	$39,900-11.1%$24/sqft
Source: LAND AND LAKES REAL ESTATE CO. #1071582 Report a problem
4/5/2013	Listed for sale	$44,900$27/sqft
Source: LAND AND LAKES REAL ESTATE CO. #1071582 Report a problem

Public tax history

Tax history is unavailable.

Monthly payment

Est. payment

Payment breakdown

Explore the cost of this home by adjusting the details. Changes won't be saved.

All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.

HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.

Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.

See how much you could borrow to make a competitive offer.

Get pre-qualified