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Off market
  • $372,600

    338 Rail St, Negaunee, MI 49866

    3beds
    2,992sqft
    Single Family Residence
    Built in 1900
    5,227.2 Square Feet Lot
    $372,600 Zestimate®
    $125/sqft
    $2,677 Estimated rent

    Home value

    $372,600

    $354,000 - $391,000

    $2,677/mo

    Zestimate® history
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    $2,677/mo

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    $2,302/mo

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    $2,302/mo

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    What's special

    Modern comfortInviting finishes throughoutHistoric characterVersatile living spacesVersatile layoutExtensive updates throughoutThoughtful updates

    Charming and updated residence in the heart of downtown Negaunee, offering a rare blend of historic character, modern comfort, and versatile living spaces. This thoughtfully improved home features extensive updates throughout, creating a move-in-ready opportunity with room to tailor the property to your needs. The upper living space has been beautifully refreshed with new furnishings (2022), updated kitchen appliances, a 2025 tankless gas water heater, high-efficiency boiler, new washer and dryer (2025), and a full electrical tune-up. A complete sewer line and drain replacement was finished in 2022 for long-term peace of mind. Additional conveniences include an Ecobee smart thermostat, Schlage Encode keyless entry, and window A/C units. The layout provides comfortable everyday living, with warm natural light and inviting finishes throughout. On the main level, a spacious open area currently used as a commercial suite offers exceptional flexibility. It could be reimagined as additional living space, a studio, workshop, home office, or creative workspace—its size and configuration make it adaptable to many uses. Utilities on the main level are separately metered, opening the door to future customization. Below, a heated garage/basement adds even more value. This generous space works well for storage, hobbies, recreation gear, or project space, with the benefit of year-round warmth. The location places you right in the center of Negaunee's vibrant downtown corridor—close to local shops, restaurants, and community amenities. Outdoor recreation is nearby with easy access to RAMBA trails, the Iron Ore Heritage Trail, and ATV/snowmobile routes. The Depot venue is just a short distance away, adding to the convenience. With its thoughtful updates, versatile layout, and unbeatable location, this property offers a unique opportunity to enjoy modern living in a dynamic and walkable downtown setting. Listing also listed under commercial MLS#50194886.

    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.

    Zillow last checked:

    Source: NextHome,MLS#: 50194888MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 3
    • Full bathrooms: 2
    • 1/2 bathrooms: 1
    Features
    • Has basement: No
    Interior area
    • Total structure area: 2,992
    • Total interior livable area: 2,992 sqft

    Property

    Lot
    • Size: 5,227 sqft

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Condition
    • Year built: 1900

    Community & neighborhood

    Location
    • Region: Negaunee

    Price history

    DateEventPrice
    2/6/2026Listing removed$379,900$127/sqft
    Source: NextHome #50194888 Report a problem
    11/22/2025Listed for sale$379,900+52%$127/sqft
    Source: Upper Peninsula AOR #50194888 Report a problem
    12/10/2021Sold$249,900$84/sqft
    Source: Agent Provided Report a problem
    5/4/2020Listing removed$249,900$84/sqft
    Source: RE/MAX 1st Realty #1116422 Report a problem
    4/28/2020Listed for sale$249,900$84/sqft
    Source: RE/MAX 1st Realty #1116422 Report a problem

    Public tax history

    Tax history is unavailable.

    Neighborhood: 49866

    Nearby schools

    GreatSchools rating
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