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Off market
Street View
  • $806,700

    138 E Sheridan St, Petoskey, MI 49770

    --beds
    0baths
    3,600sqft
    MultiFamily
    Built in 1930
    -- sqft lot
    $806,700 Zestimate®
    $224/sqft
    $1,278 Estimated rent

    Home value

    $806,700

    $766,000 - $847,000

    $1,278/mo

    Zestimate® history
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    Owner options

    List your home for rent

    $1,278/mo

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    $1,278/mo

    Rent Zestimate®

    Refinance and save

    $4,905/mo

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    $4,905/mo

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    What's special

    Here is a stellar opportunity to acquire that highly coveted income property you've been seeking. Rental demand is at an all time high and this in~town Petoskey location only increases the demand / value. This property features 5 units, all with private entries and bathrooms. Many recent updates / maintenance including a new roof in 2017. This is a turn~key opportunity to take over a fully occupied rental property. As one of two properties offering multi~family zoning designation in~town Petoskey, this one won't last long. Set up a private tour and see for yourself..

    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
    • Forced air, Gas
    Features
    • Laundry Facility
    Interior area
    • Total interior livable area: 3,600 sqft

    Property

    Parking
    • Total spaces: 5
    Lot
    • Size: 0.29 Acres

    Construction

    Type & style
    • Home type: MultiFamily
    Materials
    • Roof: Asphalt
    Condition
    • Year built: 1930

    Utilities & green energy

    • Sewer: Sewer-Sanitary
    • Water: Municipal Water

    Community & HOA

    Location
    • Region: Petoskey

    Financial & listing details

    • Price per square foot: $224/sqft

    Price history

    DateEventPrice
    5/12/2026Listing removed$875,000$243/sqft
    Source: MichRIC #26003305 Report a problem
    11/26/2025Listed for sale$875,000+10.9%$243/sqft
    Source: Northern Michigan MLS #478380 Report a problem
    3/18/2024Listing removed--
    Source: Northern Michigan MLS #473104 Report a problem
    2/17/2024Listed for sale$789,000+164.8%$219/sqft
    Source: Northern Michigan MLS #473104 Report a problem
    11/1/2019Listing removed$298,000$83/sqft
    Source: Berkshire Hathaway Home Services Michigan Real Estate #455286 Report a problem
    10/31/2019Listed for sale$298,000-21.6%$83/sqft
    Source: Berkshire Hathaway Home Services Michigan Real Estate #455286 Report a problem
    4/5/2018Listing removed$380,000$106/sqft
    Source: Homefield Real Estate #218015883 Report a problem
    2/28/2018Listed for sale$380,000+153.3%$106/sqft
    Source: Homefield Real Estate #218015883 Report a problem
    4/29/2014Listing removed$150,000$42/sqft
    Source: Prudential Preferred Properties Network #439388 Report a problem
    2/12/2014Listed for sale$150,000$42/sqft
    Source: Prudential Preferred Properties Network #439388 Report a problem

    Public tax history

    Tax history is unavailable.

    Neighborhood: 49770

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • District: Petoskey

    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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    An equal housing lender. NMLS #10287.