Real Estate Investment Opportunity! This Duplex is located in downtown Manistee. The property has decades of successful rental history. 2 bedrooms in each unit with a combine monthly gross rental income of $1,550. All utilities are separated and paid for by tenants. Both units are currently occupied and under professional management locally. Current certificates of compliance with City rental program. If you have any questions please don't hesitate to reach out.
Sold
$153,500
260 1st St, Manistee, MI 49660
4beds
2baths
1,848sqft
2 to 4 Units
Built in 1930
-- sqft lot
$196,500 Zestimate®
$83/sqft
$1,116 Estimated rent
Home value
$196,500
$177,000 - $218,000
$1,116/mo
Zestimate® history
Owner options
List your home for rent
$1,116/mo
Rent Zestimate®
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$1,116/mo
Rent Zestimate®
Refinance and save
$1,001/mo
Est. payment
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$1,001/mo
Est. payment
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Zillow last checked:
Listing updated:
Listed by:
Therran Ferguson 231-510-1790,
Essential Real Estate
Bought with:
Nathan Sheldon, 6501397921
LIGHTHOUSE REALTY-Ludington
Source: MichRIC,MLS#: 24013056
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
Heating
- Forced Air, Wall Furnace
Appliances
- Laundry: In Basement
Features
- Basement: Full
Interior area
- Total interior livable area: 1,848 sqft
Property
Parking
- Total spaces: 2
- Parking features: Concrete, Driveway
Features
- Waterfront features: Lake
- Body of water: Manistee Lake
Lot
- Size: 4,356 sqft
- Dimensions: 32 x 132
- Features: Sidewalk
Details
- Parcel number: 515144872908
- Zoning description: Residential
Construction
Type & style
- Home type: MultiFamily
- Property subtype: 2 to 4 Units
Materials
- Vinyl Siding
- Roof: Composition
Condition
- New construction: No
- Year built: 1930
Utilities & green energy
- Utilities for property: Phone Connected, Natural Gas Connected, Electricity Connected
Community & neighborhood
Location
- Region: Manistee
Other
Other facts
- Listing terms: Cash,Conventional
Price history
| Date | Event | Price |
|---|---|---|
| 9/19/2024 | Sold | $153,500+2.4%$83/sqft |
Source:  MichRIC #24013056 Report a problem | ||
| 8/17/2024 | Contingent | $149,900$81/sqft |
Source: MichRIC #24013056 Report a problem | ||
| 8/12/2024 | Price change | $149,900-1.7%$81/sqft |
Source: MichRIC #24013056 Report a problem | ||
| 8/4/2024 | Price change | $152,500-3.5%$83/sqft |
Source: MichRIC #24013056 Report a problem | ||
| 8/1/2024 | Price change | $158,000-0.6%$85/sqft |
Source: MichRIC #24013056 Report a problem | ||
| 7/30/2024 | Price change | $159,000-2.2%$86/sqft |
Source: MichRIC #24013056 Report a problem | ||
| 7/16/2024 | Price change | $162,500-5.8%$88/sqft |
Source: MichRIC #24013056 Report a problem | ||
| 6/25/2024 | Price change | $172,500+7.9%$93/sqft |
Source: MichRIC #24013056 Report a problem | ||
| 6/14/2024 | Price change | $159,900-4.5%$87/sqft |
Source: MichRIC #24013056 Report a problem | ||
| 5/30/2024 | Price change | $167,500+3.1%$91/sqft |
Source: MichRIC #24013056 Report a problem | ||
| 5/16/2024 | Price change | $162,500-1.5%$88/sqft |
Source: MichRIC #24013056 Report a problem | ||
| 5/6/2024 | Price change | $165,000-2.1%$89/sqft |
Source: MichRIC #24013056 Report a problem | ||
| 4/30/2024 | Price change | $168,500-4.8%$91/sqft |
Source: MichRIC #24013056 Report a problem | ||
| 3/29/2024 | Price change | $177,000-0.3%$96/sqft |
Source: MichRIC #24013056 Report a problem | ||
| 3/18/2024 | Listed for sale | $177,500+122.2%$96/sqft |
Source: MichRIC #24013056 Report a problem | ||
| 11/21/2019 | Listing removed | $79,900$43/sqft |
Source: RE/MAX Bayshore #18056117 Report a problem | ||
| 6/17/2019 | Listed for sale | $79,900$43/sqft |
Source: RE/MAX Bayshore #18056117 Report a problem | ||
| 3/6/2019 | Pending sale | $79,900$43/sqft |
Source: RE/MAX Bayshore #18056117 Report a problem | ||
| 11/23/2018 | Listed for sale | $79,900$43/sqft |
Source: RE/MAX Bayshore Manistee #18056117 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,633 -8.6% | $59,900 +4.7% |
| 2024 | $2,881 | $57,200 +22.2% |
| 2023 | -- | $46,800 +19.7% |
| 2022 | -- | $39,100 +5.4% |
| 2021 | -- | $37,100 +12.1% |
| 2020 | -- | $33,100 +7.8% |
| 2019 | -- | $30,700 +21.8% |
| 2018 | -- | $25,200 -10.6% |
| 2017 | -- | $28,200 +1.4% |
| 2016 | -- | $27,800 +6.9% |
| 2015 | -- | $26,000 -2.6% |
| 2014 | -- | $26,700 +2.3% |
| 2013 | -- | $26,100 -9.1% |
| 2012 | -- | $28,700 +4.7% |
| 2011 | -- | $27,400 -8.1% |
| 2010 | -- | $29,800 |
Find assessor info on the county website
Neighborhood: 49660
Nearby schools
GreatSchools rating
- 5/10John F. Kennedy Elementary SchoolGrades: 3-5Distance: 1.9 mi
- 7/10Manistee High SchoolGrades: 6-12Distance: 1.2 mi
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- Michigan
- Manistee County
- Manistee
- 49660
- 260 1st St
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