For sale

$229,900

139 W Deer St, Gladwin, MI 48624

6beds

1,880sqft

$1,635/mo

Get pre-qualified

Single Family Residence

Built in 1970

8,712 Square Feet Lot

$173,800 Zestimate^®

$122/sqft

$-- HOA

What's special

Functional layout

Prime investment opportunity. This well maintained, fully occupied, three unit, multifamily property at 139 West Deer Street in the city of Gladwin MI offers immediate cash flow and a functional layout serviced by Municipal Utilities. The lower level features a four bedroom, 1.5 bathroom unit and a separate one bedroom, one bath unit while the upper level includes a private one bedroom one bath apartment. Near downtown shopping, schools, and Parks. Currently tenant occupied; Advanced notices required for showings, and possession is subject to existing tenancy.

1 day
204
8

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 6
Bathrooms: 4
Full bathrooms: 4
Main level bedrooms: 2

Bedroom

Level: Main
Area: 160
Dimensions: 16 x 10

Bedroom 1

Level: Main
Area: 130
Dimensions: 13 x 10

Bedroom 2

Level: Second
Area: 204
Dimensions: 17 x 12

Bedroom 3

Level: Second
Area: 117
Dimensions: 13 x 9

Bedroom 4

Level: Second
Area: 273
Dimensions: 13 x 21

Bedroom 5

Level: Second
Area: 182
Dimensions: 13 x 14

Bathroom 1

Level: First

Bathroom 2

Level: Second

Bathroom 3

Level: Second

Bathroom 4

Level: First

Heating

Forced Air, Natural Gas

Features

Basement: Crawl Space
Number of fireplaces: 1
Fireplace features: Family Room

Interior area

Total structure area: 1,880
Total interior livable area: 1,880 sqft
Finished area above ground: 1,880
Finished area below ground: 0

Property

Features

Levels: One and One Half
Stories: 1.5
Frontage type: Road
Frontage length: 198

Lot

Size: 8,712 Square Feet
Dimensions: 66 x 132

Details

Parcel number: 17008002300500

Construction

Type & style

Home type: SingleFamily
Architectural style: Traditional
Property subtype: Single Family Residence

Materials

Vinyl Siding

Condition

Year built: 1970

Utilities & green energy

Sewer: Public Sanitary
Water: Public

Community & HOA

Community

Subdivision: Grout, Foutch And Johnson

HOA

Has HOA: No

Location

Region: Gladwin

Financial & listing details

Price per square foot: $122/sqft
Tax assessed value: $161,200
Annual tax amount: $2,799
Date on market: 10/5/2026
Listing agreement: Exclusive Right To Sell
Listing terms: Cash,Conventional
Ownership type: Corporation

Estimated market value

$173,800

$144,000 - $202,000

$1,092/mo

Price history

Date	Event	Price
10/5/2026	Listed for sale	$229,900+359.8%$122/sqft
Source: MiRealSource #50223898 Report a problem
1/2/2024	Listing removed	--
Source: Zillow Rentals Report a problem
12/29/2023	Listed for rent	$850+54.5%
Source: Zillow Rentals Report a problem
3/24/2021	Listing removed	--
Source: Owner Report a problem
3/29/2020	Listing removed	$550
Source: Owner Report a problem
3/22/2020	Listed for rent	$550
Source: Owner Report a problem
4/28/2017	Sold	$50,000-16.7%$27/sqft
Source: MiRealSource #41023198 Report a problem
4/19/2017	Pending sale	$60,000$32/sqft
Source: RE/MAX RIVER HAVEN #167050 Report a problem
3/21/2017	Listed for sale	$60,000$32/sqft
Source: RE/MAX RIVER HAVEN #167050 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2026	$2,756 +2.6%	$80,600 +10.1%
2025	$2,686 +3.2%	$73,200 +8%
2024	$2,602	$67,800 +14.7%
2023	--	$59,100 +19.2%
2022	--	$49,600 +0.8%
2021	--	$49,200 +16.9%
2020	--	$42,100 +11.4%
2018	--	$37,800
2017	--	$37,800 -0.3%
2016	--	$37,900 +33.9%
2015	--	$28,300 +6%
2014	--	$26,700 -1.5%
2013	--	$27,100 -18.9%
2011	--	$33,400 -16.1%
2010	--	$39,800