Here’s an exceptional investment opportunity: a five-bedroom, three-bath unit located just off the I-75 corridor in the Village of Vanderbilt. Previously utilized as a tri-plex, this older home offers potential for rental income with a little TLC. Recent updates include a new metal roof in 2019, a new well installed in 2022, and a new drain field in fall of 2025 adding value and peace of mind for future owners. The property boasts a large yard and is ideally situated within a premier outdoor recreation community, offering immediate access to Pigeon River State Forest, the multi-use North Central State Trail, the scenic Sturgeon River, and numerous lakes—ideal for hiking, biking, camping, and fishing enthusiasts. Several public golf courses are nearby, while the vibrant town of Gaylord is just 11 minutes away, providing the perfect blend of “Up North” living and city convenience. For year-round adventure, Boyne Mountain Resort is only 22 minutes away and features downhill skiing, snowboarding, an indoor waterpark, golf, tennis, a spa and fitness center, as well as extensive mountain biking and cross-country ski trails.
For sale
Price cut: $6K (10/22)
$99,000
351 W Main St, Vanderbilt, MI 49795
5beds
2,285sqft
SingleFamily
Built in ----
-- sqft lot
$-- Zestimate®
$43/sqft
$-- HOA
What's special
Large yardFive-bedroom three-bath unit
- 12 days
- 928
- 71
Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
Christopher Christensen,
Lynda's Real Estate Service 231-582-9555
Source: Northern Michigan MLS,MLS#: 481061
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 3
- Full bathrooms: 3
Primary bedroom
- Area: 228
- Dimensions: 12.67 x 18
Bedroom
- Area: 212.97
- Dimensions: 13.67 x 15.58
Bedroom 1
- Area: 126.5
- Dimensions: 11 x 11.5
Bedroom 2
- Area: 100.5
- Dimensions: 9 x 11.17
Dining room
- Area: 132.19
- Dimensions: 11.25 x 11.75
Family room
- Area: 212.97
- Dimensions: 13.67 x 15.58
Kitchen
- Area: 269.92
- Dimensions: 13.67 x 19.75
Living room
- Area: 173.33
- Dimensions: 13 x 13.33
Heating
- Natural Gas
Cooling
- Ceiling Fan(s)
Appliances
- Included: Refrigerator, Washer, Dryer, Range
Interior area
- Total interior livable area: 2,285 sqft
Property
Parking
- Parking features: No Garage Or Carport
Features
- Levels: Two Or More
Details
- Additional structures: Shed(s)
- Parcel number: 04510000019700
Construction
Type & style
- Home type: SingleFamily
Materials
- Wood Frame/Site Built
Utilities & green energy
- Sewer: Septic Tank
- Water: Well
- Utilities for property: Cable Connected
Community & HOA
HOA
- Has HOA: No
Location
- Region: Vanderbilt
Financial & listing details
- Price per square foot: $43/sqft
- Tax assessed value: $109,800
- Annual tax amount: $2,601
- Date on market: 10/16/2026
- Road surface type: Paved
Estimated market value
Not available
Estimated sales range
Not available
$2,811/mo
Price history
| Date | Event | Price |
|---|---|---|
| 10/22/2026 | Price change | $99,000-5.7%$43/sqft |
Source: | ||
| 10/16/2026 | Listed for sale | $105,000-19.2%$46/sqft |
Source: | ||
| 8/6/2026 | Listing removed | $130,000$57/sqft |
Source: | ||
| 7/28/2026 | Price change | $130,000-28.9%$57/sqft |
Source: | ||
| 7/14/2026 | Price change | $182,900-1.6%$80/sqft |
Source: | ||
| 5/28/2026 | Listed for sale | $185,900+9.4%$81/sqft |
Source: | ||
| 12/11/2023 | Listing removed | -- |
Source: | ||
| 11/2/2023 | Price change | $169,900-22.4%$74/sqft |
Source: | ||
| 10/23/2023 | Price change | $219,000-4.4%$96/sqft |
Source: | ||
| 10/6/2023 | Listed for sale | $229,000+14.6%$100/sqft |
Source: | ||
| 8/20/2023 | Listing removed | -- |
Source: | ||
| 8/15/2023 | Listed for sale | $199,900+104%$87/sqft |
Source: | ||
| 11/10/2022 | Sold | $98,000-1.9%$43/sqft |
Source: | ||
| 9/20/2022 | Price change | $99,900-23.1%$44/sqft |
Source: | ||
| 9/6/2022 | Listed for sale | $129,900+899.2%$57/sqft |
Source: | ||
| 12/26/2013 | Sold | $13,000$6/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2026 | $2,601 +30.3% | $54,900 +4.2% |
| 2025 | $1,996 +4.8% | $52,700 +1% |
| 2024 | $1,905 +49.4% | $52,200 +5.9% |
| 2023 | $1,275 -0.7% | $49,300 +13.1% |
| 2022 | $1,284 -0.4% | $43,600 +30.9% |
| 2021 | $1,290 -28.8% | $33,300 +7.1% |
| 2020 | $1,812 +80.7% | $31,100 +22.4% |
| 2018 | $1,003 | $25,400 +0.8% |
| 2017 | -- | $25,200 -0.4% |
| 2016 | -- | $25,300 +1.6% |
| 2013 | -- | $24,900 -1.6% |
| 2012 | -- | $25,300 -1.6% |
| 2011 | -- | $25,700 -4.5% |
| 2010 | -- | $26,900 |
Find assessor info on the county website
Monthly payment
Est. payment








