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Off market
  • $299,500

    118 Sherman St, Elberta, MI 49628

    --beds
    0baths
    1,460sqft
    MultiFamily
    Built in 1980
    -- sqft lot
    $299,500 Zestimate®
    $205/sqft
    $1,668 Estimated rent

    Home value

    $299,500

    $267,000 - $335,000

    $1,668/mo

    Zestimate® history
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    Owner options

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    $1,668/mo

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    $1,668/mo

    Rent Zestimate®

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    $1,792/mo

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    $1,792/mo

    Est. payment

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    What's special

    Great INVESTMENT PROPERTY in the Village of Elberta. Side by side duplex with shared laundry and extra storage. Potential for an additional unit in lower level laundry area. There is also an 1800 square foot pole building on the property that could be rented for additional income. Both units are currently rented. This is a great location in up and coming Elberta. Located across from the Betsie Bay and within walking distance to shops, restaurants, parks and marinas as well as the Betsie Trail.

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bathrooms: 0
    Heating
    • Baseboard, Forced air, Gas
    Appliances
    • Included: Dryer, Range / Oven, Refrigerator, Washer
    Features
    • Other
    Interior area
    • Total interior livable area: 1,460 sqft

    Property

    Features
    • Exterior features: Vinyl
    • Has view: Yes
    • View description: Water
    • Has water view: Yes
    • Water view: Water
    Lot
    • Size: 0.33 Acres
    Details
    • Parcel number: 0650105200

    Construction

    Type & style
    • Home type: MultiFamily
    Materials
    • Roof: Asphalt
    Condition
    • Year built: 1980

    Utilities & green energy

    • Sewer: Municipal

    Community & neighborhood

    Location
    • Region: Elberta

    Other

    Other facts
    • Sale/Rent: For Sale
    • Type: Multi-Family
    • APPLIANCES/EQUIPMENT: Natural Gas Water Heater, Exhaust Fan
    • (A) Liv Rm: Yes
    • (B) Liv Rm: Yes
    • (A) Kit: Yes
    • (B) Kit: Yes
    • (A) Occupied: Yes
    • (B) Occupied: Yes
    • PROPERTY TYPE: Duplex (Side x Side)
    • Section #: 34
    • (B) Bath: 1
    • (A) Bath: 1.5
    • Terms: Cash, Conventional Mortgage, Other
    • LEASE TERMS: Year Lease
    • ROAD: Public Maintained
    • WATER: Municipal
    • STYLE: Ranch
    • EXTERIOR FEATURES: Gutters, Bay View, Seasonal View
    • FOUNDATION: Walkout, Partial, Block
    • INCLUDED IN LEASE: Snow Removal, Heating/Cooling, Water, Sewer, Electric, Management Fee
    • TV SERVICE/INTERNET AVAIL: Dish TV, DSL, WiFi
    • ZONING/USE/RESTRICTIONS: Residential
    • Type of Ownership: Private Owner
    • Originating MLS: TAAR
    • CONSTRUCTION: Frame
    • DOCUMENTS ON FILE: LBP Disclosure, Sellers Disclosure
    • SEWER: Municipal
    • MINERAL RIGHTS: Unknown
    • Town: T 26N
    • INTERIOR FEATURES: Other
    • PRIMARY GARAGE: Pole Construction
    • Range: R 18W
    • Elementary School: Frankfort Elementary School
    • Middle School: Frankfort High School
    • High School: Frankfort High School

    Price history

    DateEventPrice
    9/29/2017Sold$110,000-8.3%$75/sqft
    Source: NGLRMLS #1817845 Report a problem
    9/28/2017Pending sale$119,900$82/sqft
    Source: RE/MAX BAYSHORE-BENZIE #1817845 Report a problem
    5/30/2017Price change$119,900-4%$82/sqft
    Source: RE/MAX BAYSHORE-BENZIE #1817845 Report a problem
    4/25/2017Price change$124,900-3.8%$86/sqft
    Source: RE/MAX BAYSHORE-BENZIE #1817845 Report a problem
    9/12/2016Price change$129,900-3.7%$89/sqft
    Source: RE/MAX BAYSHORE-BENZIE #1817845 Report a problem
    9/1/2016Listed for sale$134,900+16.3%$92/sqft
    Source: RE/MAX BAYSHORE-BENZIE #1817845 Report a problem
    11/17/2006Sold$116,000$79/sqft
    Source: NGLRMLS #1658332 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$2,889 +4.7%$91,000 +9.2%
    2024$2,759 +1.7%$83,300 +8.2%
    2023$2,713 $77,000 -23.7%
    2022-- $100,900 +21.1%
    2021-- $83,300 +17.3%
    2020-- $71,000 +17.7%
    2019-- $60,300 +2.6%
    2018-- $58,800 -2.6%
    2017-- $60,400
    2016-- $60,400 +70.6%
    2011-- $35,400 -3.5%
    2010-- $36,700

    Find assessor info on the county website

    Neighborhood: 49628

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Frankfort Elementary School
    • Middle: Frankfort High School
    • High: Frankfort High School
    • District: Frankfort-Elberta Area Schools

    Source: The MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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