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Off market
  • $335,600

    513 Liberty St, Petoskey, MI 49770

    --beds
    0baths
    1,816sqft
    MultiFamily
    Built in 1897
    -- sqft lot
    $335,600 Zestimate®
    $185/sqft
    $1,749 Estimated rent

    Home value

    $335,600

    $319,000 - $352,000

    $1,749/mo

    Zestimate® history
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    $2,059/mo

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    What's special

    Checklist: Charm, Convenience, Cash Flow, Cool! This duplex has it all!  A desirable, quiet neighborhood and easy access to the best of Petoskey make this a sought-after investment property, a desirable residence - or both! Many amenities are within walking distance including Johans Pastry Shop and McLaren Hospital. This property also has easy walking access to the Bear River Valley Recreation Area. Or, take a quick bike ride to the beautiful bayfront park for an exquisite sunset on the water. The upstairs 1 bedroom, 1 bath apartment has been recently remodeled and freshly painted.  It features an open kitchen, multiple closets with plenty of storage space, and a one-car garage.  All ready for a new tenant! The ground floor 3 bedroom 1 bath apartment also has lots of amenities.  It features an open kitchen/dining area, washer/dryer hookups, exterior storage shed, and off-street parking.  Current tenants are on a month-to-month lease.  Both units are bright with natural sunshine.  The property has been regularly maintained with new low-E windows in the upstairs (2021), newer low-E windows downstairs (2010), a new roof on the house and garage (2014), and lots of new flooring in both units.  A relatively easy renovation could convert this duplex back into a single-family residence.

    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.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bathrooms: 0
    Heating
    • Baseboard, Gas
    Appliances
    • Included: Dishwasher, Refrigerator
    Features
    • Basement: Michigan
    Interior area
    • Total interior livable area: 1,816 sqft

    Property

    Lot
    • Size: 5,998 sqft
    Details
    • Parcel number: 521906202064

    Construction

    Type & style
    • Home type: MultiFamily
    Condition
    • Year built: 1897

    Utilities & green energy

    • Sewer: City

    Community & neighborhood

    Location
    • Region: Petoskey

    Other

    Other facts
    • FEATURES: Cable, Range, Refrigerator, Paved Drive, Wood Floors, Dishwasher
    • Water Front/Water Access?: Neither
    • HEAT: Natural Gas, Hot Water Baseboard
    • SEWER: City
    • WATER: City
    • BASEMENT: Michigan
    • LA1Agent Phone1 CountryId: United States (+1)
    • Zillow: Yes
    • LO1OfficePhone1CountryId: United States (+1)
    • Street Designation: Street
    • Type2: Duplex

    Price history

    DateEventPrice
    5/1/2026Listing removed$350,000$193/sqft
    Source: Northern Michigan MLS #478181 Report a problem
    10/31/2025Listed for sale$350,000+52.2%$193/sqft
    Source: Northern Michigan MLS #478181 Report a problem
    6/2/2021Listing removed--
    Source: Northern Michigan MLS Report a problem
    5/6/2021Listed for sale$229,900+521.4%$127/sqft
    Source: Northern Michigan MLS #464984 Report a problem
    3/24/2010Sold$37,000-49.2%$20/sqft
    Source: Public Record Report a problem
    4/15/2009Sold$72,800$40/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2021-- $99,900 +22.3%
    2020-- $81,700 +2.1%
    2019-- $80,000 +12%
    2018-- $71,400 +9.2%
    2017-- $65,400 +5.1%
    2016-- $62,200 +8.6%
    2015-- $57,300 +17.2%
    2014-- $48,900 -18%
    2013-- $59,600 +1.4%
    2012-- $58,800 -6.1%
    2011-- $62,600 +19.5%
    2010-- $52,400

    Find assessor info on the county website

    Neighborhood: 49770

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • District: Petoskey

    Source: The MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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