Sold

$286,000

238 W Parkdale Ave, Manistee, MI 49660

5beds

3baths

2,400sqft

2 to 4 Units

Built in 1900

-- sqft lot

$299,900 Zestimate^®

$119/sqft

$1,333 Estimated rent

Home value

$299,900

Estimated sales range

Not available

$1,333/mo

Zestimate^® history

Owner options

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$1,333/mo

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$1,333/mo

Rent Zestimate^®

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$1,821/mo

Est. payment

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$1,821/mo

Est. payment

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What's special

Paved parkingHandicap rampNew roofMain floor laundryHigh-visibility location

Turnkey Triplex Investment in Manistee - Prime Location! This fully rented triplex at 238 Parkdale Ave. offers an excellent income-generating opportunity in a high-visibility location on the US-31 business corridor in Parkdale, just north of Manistee. The main floor unit (formerly commercial) has been remodeled into a 2-bedroom residence with main floor laundry, currently rented for $1,275/month. Apartment 2 (1BR) rents for $700/month, and Apartment 3 (upper 2BR) rents for $950/month, generating $2,925/month in total rental income. Features separate utilities, paved parking, updated mechanicals, A/C in all units, handicap ramp, new septic (2020), and new roof (2016). A prime investment opportunity, schedule a showing today!

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 5
Bathrooms: 3

Heating

Forced Air

Cooling

Central Air

Features

Basement: Full

Interior area

Total interior livable area: 2,400 sqft

Property

Parking

Total spaces: 12
Parking features: Paved

Features

Body of water: Manistee River

Lot

Size: 0.35 Acres
Dimensions: 96' x 138' x 127' x 102'

Details

Parcel number: 510780000250
Zoning description: Commericial

Construction

Type & style

Home type: MultiFamily
Property subtype: 2 to 4 Units

Materials

Vinyl Siding
Roof: Composition

Condition

New construction: No
Year built: 1900

Utilities & green energy

Sewer: Septic Tank
Water: Well
Utilities for property: Natural Gas Available, Electricity Available, Cable Available, Natural Gas Connected, Electricity Connected, Cable Connected

Community & HOA

Location

Region: Manistee

Financial & listing details

Price per square foot: $119/sqft
Tax assessed value: $52,550
Annual tax amount: $2,338
Date on market: 2/20/2025
Listing terms: Cash,Conventional
Tenant pays: Electricity, Gas
Electric utility on property: Yes
Road surface type: Paved

Price history

Date	Event	Price
4/8/2025	Sold	$286,000-2.2%$119/sqft
Source: MichRIC #25006295 Report a problem
3/10/2025	Contingent	$292,500$122/sqft
Source: MichRIC #25006295 Report a problem
2/28/2025	Price change	$292,500-0.8%$122/sqft
Source: MichRIC #25006295 Report a problem
2/20/2025	Price change	$295,000+25.5%$123/sqft
Source: MichRIC #25006295 Report a problem
12/15/2023	Pending sale	$235,000$98/sqft
Source: MichRIC #23028273 Report a problem
8/4/2023	Listed for sale	$235,000$98/sqft
Source: MichRIC #23028273 Report a problem
3/2/2021	Listing removed	--
Source: Owner Report a problem
4/7/2020	Listing removed	$700
Source: Owner Report a problem
3/7/2020	Price change	$700-6.7%
Source: Owner Report a problem
1/9/2020	Listed for rent	$750
Source: Owner Report a problem
11/28/2019	Listing removed	$750
Source: Owner Report a problem
7/30/2019	Listed for rent	$750
Source: Owner Report a problem