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Sold
    • $153,500

    260 1st St, Manistee, MI 49660

    4beds
    2baths
    1,848sqft
    2 to 4 Units
    Built in 1930
    -- sqft lot
    $191,300 Zestimate®
    $83/sqft
    $1,173 Estimated rent

    Home value

    $191,300

    $172,000 - $212,000

    $1,173/mo

    Zestimate® history
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    $1,173/mo

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    What's special

    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.

    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#: 24013056MLS Logo

    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 Square Feet
    • 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 & HOA

    Location
    • Region: Manistee

    Financial & listing details

    • Price per square foot: $83/sqft
    • Tax assessed value: $49,140
    • Annual tax amount: $3,026
    • Date on market: 3/18/2024
    • Listing terms: Cash,Conventional
    • Tenant pays: Electricity, Water, Sewer, Gas
    • Electric utility on property: Yes

    Price history

    DateEventPrice
    9/19/2024Sold$153,500+2.4%$83/sqft
    Source: MichRIC #24013056 Report a problem
    8/17/2024Contingent$149,900$81/sqft
    Source: MichRIC #24013056 Report a problem
    8/12/2024Price change$149,900-1.7%$81/sqft
    Source: MichRIC #24013056 Report a problem
    8/4/2024Price change$152,500-3.5%$83/sqft
    Source: MichRIC #24013056 Report a problem
    8/1/2024Price change$158,000-0.6%$85/sqft
    Source: MichRIC #24013056 Report a problem
    7/30/2024Price change$159,000-2.2%$86/sqft
    Source: MichRIC #24013056 Report a problem
    7/16/2024Price change$162,500-5.8%$88/sqft
    Source: MichRIC #24013056 Report a problem
    6/25/2024Price change$172,500+7.9%$93/sqft
    Source: MichRIC #24013056 Report a problem
    6/14/2024Price change$159,900-4.5%$87/sqft
    Source: MichRIC #24013056 Report a problem
    5/30/2024Price change$167,500+3.1%$91/sqft
    Source: MichRIC #24013056 Report a problem
    5/16/2024Price change$162,500-1.5%$88/sqft
    Source: MichRIC #24013056 Report a problem
    5/6/2024Price change$165,000-2.1%$89/sqft
    Source: MichRIC #24013056 Report a problem
    4/30/2024Price change$168,500-4.8%$91/sqft
    Source: MichRIC #24013056 Report a problem
    3/29/2024Price change$177,000-0.3%$96/sqft
    Source: MichRIC #24013056 Report a problem
    3/18/2024Listed for sale$177,500+122.2%$96/sqft
    Source: MichRIC #24013056 Report a problem
    11/21/2019Listing removed$79,900$43/sqft
    Source: RE/MAX Bayshore #18056117 Report a problem
    6/17/2019Listed for sale$79,900$43/sqft
    Source: RE/MAX Bayshore #18056117 Report a problem
    3/6/2019Pending sale$79,900$43/sqft
    Source: RE/MAX Bayshore #18056117 Report a problem
    11/23/2018Listed for sale$79,900$43/sqft
    Source: RE/MAX Bayshore Manistee #18056117 Report a problem

    Public tax history

    YearProperty taxesTax 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

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