Investment opportunity with this 6 unit apartment complex with attached garage, storage area, and partial basement.Nice office area that could be converted to an efficiency apartment. Ample paved parking in rear of building.
Contingent
$399,000
123 N Bailey St, Cheboygan, MI 49721
--beds
0baths
--sqft
:
Get pre-qualified$2,564/mo
Multi Family
Built in ----
-- sqft lot
$398,600 Zestimate®
$--/sqft
$-- HOA
What's special
Attached garage
- 35 days |
- 48 |
- 6 |
Zillow last checked:
Listing updated:
Listed by:
Billie Desy 231-420-7797,
COLDWELL BANKER SCHMIDT CHEBOYGAN 231-627-9959,
Tonya Schryer 989-614-1929
Source: WWMLS,MLS#: 201841352
Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 0
Heating
- Natural Gas, Hot Water, Forced Air
Appliances
- Included: Refrigerator, Dryer, Dishwasher
- Laundry: Main Level
Features
- Flooring: Hardwood, Vinyl
- Windows: Egress Windows
- Has basement: Yes
Property
Parking
- Parking features: Garage, Open
- Has garage: Yes
- Has uncovered spaces: Yes
Features
- Stories: 2
Lot
- Size: 757 Square Feet
- Dimensions: 171 x 111 +92 x 61
Details
- Parcel number: 054H2200400500
- Zoning: commercial
- Special conditions: Listing Status; Active w/ Contingencies
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Utilities & green energy
- Sewer: Public Sewer
- Utilities for property: Cable Available
Community & HOA
Community
- Security: Smoke Detector(s)
- Subdivision: M W Hornes 3rd Add
Location
- Region: Cheboygan
Financial & listing details
- Tax assessed value: $252,000
- Annual tax amount: $3,780
- Date on market: 7/9/2026
- Listing terms: Cash,Conventional Mortgage
- Ownership: Owner
- Road surface type: Paved
Estimated market value
$398,600
$379,000 - $419,000
$1,265/mo
Price history
| Date | Event | Price |
|---|---|---|
| 7/13/2026 | Contingent | $399,000 |
Source:  WWMLS #201841352 Report a problem | ||
| 7/9/2026 | Listed for sale | $399,000+280% |
Source: WWMLS #201841352 Report a problem | ||
| 8/3/2015 | Sold | $105,000 |
Source: WWMLS #297116 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $3,780 +14.2% | $126,000 +14.1% |
| 2024 | $3,311 +3.5% | $110,400 +14.5% |
| 2023 | $3,198 -2.4% | $96,400 +26% |
| 2022 | $3,277 | $76,500 +13% |
| 2021 | -- | $67,700 -1% |
| 2020 | -- | $68,400 +4.4% |
| 2019 | -- | $65,500 +5.8% |
| 2018 | -- | $61,900 +16.8% |
| 2017 | -- | $53,000 -1.1% |
| 2016 | -- | $53,600 +11.7% |
| 2015 | -- | $48,000 +4.1% |
| 2014 | -- | $46,100 -24.3% |
| 2012 | -- | $60,900 -4.2% |
| 2011 | -- | $63,600 -1.4% |
| 2010 | -- | $64,500 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: 49721
Nearby schools
GreatSchools rating
- NAEast Elementary SchoolGrades: K-3Distance: 0.7 mi
- 6/10Cheboygan Area High SchoolGrades: 8-12Distance: 1.1 mi
- NACheboygan Middle SchoolGrades: 4-12Distance: 1.2 mi
Schools provided by the listing agent
- Elementary: Cheboygan
- High: Cheboygan
Source: WWMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
- $161,4004 bd3 ba14k sqft217 N Bailey St, Cheboygan, MI 49721Off Market
- $112,200-- bd-- ba-- sqft119 N Bailey St, Cheboygan, MI 49721Off Market
- $81,600-- bd-- ba-- sqft111 N Bailey St, Cheboygan, MI 49721Off Market
- $148,2004 bd1 ba2.1k sqft408 Pine St, Cheboygan, MI 49721Off Market
- $86,0003 bd1 ba2.4k sqft420 W Elm St, Cheboygan, MI 49721Sold
- $245,5005 bd2 ba3.2k sqft103 N Bailey St, Cheboygan, MI 49721Sold
- $223,0003 bd2 ba2.4k sqft423 W Elm St, Cheboygan, MI 49721Off Market
- $65,0003 bd2 ba1.1k sqft206 N Bailey St, Cheboygan, MI 49721Off Market
A local agent can set up tours, give advice and negotiate with sellers.
Similar homes
- $399,0003 bd2 ba1.8k sqft9651 S River Rd, Cheboygan, MI 49721For Sale
MLS ID #480405, Trish Hartwick. Northern Michigan MLS - $399,0003 bd2 ba1.9k sqft216 Riverside Dr, Cheboygan, MI 49721For Sale
MLS ID #201839298, TEAM SHERI, COLDWELL BANKER SCHMIDT GAYLORD. WWMLS - $389,0003 bd3 ba2.8k sqft2515 Harrison Ave, Cheboygan, MI 49721For Sale
MLS ID #201841159, Missy Koszegi, COLDWELL BANKER SCHMIDT CHEBOYGAN. WWMLS - $340,0003 bd2 ba1.5k sqft480 E Seymour St, Cheboygan, MI 49721For Sale
MLS ID #201840867, Missy Koszegi, COLDWELL BANKER SCHMIDT CHEBOYGAN. WWMLS - $370,0003 bd3 ba2.6k sqft10720 S Moonlight Bay Rd, Cheboygan, MI 49721For SaleMLS ID #201841322, Jack E Douglas, Berkshire Hathaway HomeServices-Cheboygan. WWMLS
- $445,0004 bd3 ba2.2k sqft190 Riverside Dr, Cheboygan, MI 49721For SaleMLS ID #201838377, Kimberly Didrichsons, Berkshire Hathaway HomeServices-Cheboygan. WWMLS
- $399,9003 bd2 ba2.9k sqft1454 Sand Rd, Cheboygan, MI 49721For SaleMLS ID #201840322, Billy Jewell, Berkshire Hathaway Homeservices Indian River. WWMLS
- $214,9993 bd2 ba1.7k sqft722 S Huron St, Cheboygan, MI 49721For SaleMLS ID #201842030, Tonya Schryer, COLDWELL BANKER SCHMIDT CHEBOYGAN. WWMLS
- $339,0003 bd3 ba2.7k sqft4849 Betterly Dr, Cheboygan, MI 49721For SaleMLS ID #201842064, Nate Grangood, Berkshire Hathaway HomeServices-Cheboygan. WWMLS
- $479,0003 bd3 ba3.8k sqft1501 Hackmatack Rd, Cheboygan, MI 49721For SaleMLS ID #201840957, Missy Koszegi, COLDWELL BANKER SCHMIDT CHEBOYGAN. WWMLS
- $379,0002 bd2 ba1.4k sqft16294 Morningside Ln, Cheboygan, MI 49721For SaleMLS ID #201832674, Missy Koszegi, COLDWELL BANKER SCHMIDT CHEBOYGAN. WWMLS
- $399,0002 bd1 ba768 sqft6595 Little Canada Rd, Cheboygan, MI 49721For Sale
MLS ID #20261030735, Thomas Toteff, Berkshire Hathaway HomeServices Kee Realty. Realcomp II - $355,0003 bd2 ba1.2k sqft5510 Chestnut Dr, Cheboygan, MI 49721For SaleMLS ID #201841508, Jacqueline Kimball, Real Broker LLC - Petoskey. WWMLS
- $269,0005 bd3 ba2.2k sqft260 Duncan Ave, Cheboygan, MI 49721For SaleMLS ID #201839069, Courtney Stroud, Epique Realty Inc.. WWMLS
- $349,0003 bd3 ba2.6k sqft7760 S Extension Rd, Cheboygan, MI 49721For SaleMLS ID #201840506, Jack E Douglas, Berkshire Hathaway HomeServices-Cheboygan. WWMLS
- $329,0003 bd2 ba1.6k sqft10279 Oshaughnessy Rd, Cheboygan, MI 49721For SaleMLS ID #25-1176, Tina L Kabelman. EUPBR
- $235,0002 bd1 ba936 sqft415 George St, Cheboygan, MI 49721New ConstructionMLS ID #201842054, Troy L Calhoon, Real Estate One of Gaylord. WWMLS
- $264,0003 bd2 ba1.7k sqft8991 N Black River Rd, Cheboygan, MI 49721For SaleMLS ID #201841148, Denise A Tryban, Berkshire Hathaway HomeServices-Cheboygan. WWMLS
- $349,9003 bd2 ba1.7k sqft6626 Varonica Ln, Cheboygan, MI 49721For SaleMLS ID #201838457, Jacqueline Kimball, Real Broker LLC - Petoskey. WWMLS
- $269,9002 bd2 ba1.4k sqft15105 Beaumont Dr, Cheboygan, MI 49721For SaleMLS ID #201840735, Jim Bell, Coldwell Banker Fairbairn Realty. WWMLS
