Motivated Seller! Prime Tourist-zoned opportunity in the heart of Sault Ste. Marie's tourist corridor, overlooking the St. Mary's River, passing freighters, the Valley Camp Museum Ship, and Soo Locks Boat Tours. This versatile 2,500 sq. ft. property offers endless possibilities. The upper level features a spacious 2-bedroom, 1-bath apartment with a large living and dining room. The lower level is currently a studio-style living space with large storefront windows, making it ideal for a boutique, salon, office, gallery, or a live-above-your-business lifestyle. Full basement and on-site parking complete this unique property.
Also available for purchase with the neighboring property at 508 E. Portage Avenue. See separate MLS listing for package opportunity.
For sale
$199,000
506 E Portage Ave, Sault Sainte Marie, MI 49783
3beds
2baths
2,580sqft
:
Get pre-qualified$1,289/mo
Duplex
Built in 1920
-- sqft lot
$191,500 Zestimate®
$77/sqft
$-- HOA
What's special
On-site parkingStudio-style living spaceLarge storefront windows
- 31 days |
- 321 |
- 23 |
Zillow last checked:
Listing updated:
Listed by:
Kristina Thibault,
RE/MAX NorthStar Realty 906-635-1000
Source: EUPBR,MLS#: 26-656
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
Interior area
- Total structure area: 2,580
- Total interior livable area: 2,580 sqft
- Finished area above ground: 2,580
- Finished area below ground: 0
Property
Features
- Levels: Two
- Stories: 2
Details
- Parcel number: 05103106640
- Zoning: Tourist
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Duplex
Materials
- Wood Siding
Condition
- Year built: 1920
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Location
- Region: Sault Sainte Marie
Financial & listing details
- Price per square foot: $77/sqft
- Tax assessed value: $123,000
- Annual tax amount: $2,400
- Date on market: 7/12/2026
Estimated market value
$191,500
$182,000 - $201,000
$1,245/mo
Price history
| Date | Event | Price |
|---|---|---|
| 7/12/2026 | Listed for sale | $199,000+680.4%$77/sqft |
Source: EUPBR #26-656 Report a problem | ||
| 8/1/2014 | Sold | $25,500$10/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,293 | $61,500 -6% |
| 2024 | -- | $65,400 +10.5% |
| 2023 | -- | $59,200 -7.8% |
| 2022 | -- | $64,200 -1.1% |
| 2021 | -- | $64,900 +13.1% |
| 2020 | $1,693 +2% | $57,400 +13.2% |
| 2019 | $1,660 -13.2% | $50,700 |
| 2018 | $1,913 +38.4% | -- |
| 2017 | $1,382 +1.2% | $40,300 +34.3% |
| 2016 | $1,366 | $30,000 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: 49783
Nearby schools
GreatSchools rating
- 7/10Lincoln SchoolGrades: PK-7Distance: 0.8 mi
- 7/10Sault Area Middle SchoolGrades: 5-10Distance: 1.3 mi
- 5/10Sault Area High SchoolGrades: 8-12Distance: 1.4 mi
- $249,0005 bd2 ba2.5k sqft508 E Portage Ave, Sault Sainte Marie, MI 49783For Sale
- $165,100-- bd-- ba-- sqft207 Johnston St, Sault Sainte Marie, MI 49783Off Market
- $158,100-- bd-- ba-- sqft505 Maple St, Sault Sainte Marie, MI 49783Off Market
- $146,8004 bd2 ba1.9k sqft507 Maple St, Sault Sainte Marie, MI 49783Off Market
- $--2 bd1 ba950 sqft507 Maple St #2, Sault Sainte Marie, MI 49783Off Market
- $144,100-- bd-- ba-- sqft511 Maple St, Sault Sainte Marie, MI 49783Off Market
- $183,600-- bd-- ba-- sqft217 Johnston St, Sault Sainte Marie, MI 49783Off Market
- $186,7004 bd2 ba1.5k sqft517 Maple St, Sault Sainte Marie, MI 49783Off Market
A local agent can set up tours, give advice and negotiate with sellers.
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