For sale

Price cut: $10K (7/14)

$20,000

518 Presque Isle St, Marenisco, MI 49947

1beds

700sqft

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Single Family Residence

Built in ----

0.38 Acres Lot

$-- Zestimate^®

$29/sqft

$-- HOA

What's special

Low-maintenance vinyl sidingNice-sized lotShingled roof

Affordable opportunity in the heart of Marenisco! Situated on a nice-sized lot with city water and sewer, this 1-bedroom, 1-bath home offers approximately 700 sq. ft. of finished living space and plenty of potential for the right buyer. Featuring low-maintenance vinyl siding, a shingled roof, and natural gas service, this property provides a solid foundation for renovation and personalization. Whether you're looking for an investment property, a starter home, or a Northwoods getaway project, this fixer-upper offers the chance to build equity while creating a space that fits your vision. Conveniently located near area lakes, trails, and outdoor recreation. Bring your ideas and make it your own!

37 days

509

25

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 1
Bathrooms: 1
Full bathrooms: 1

Primary bedroom

Level: First
Dimensions: 10'6x10'1

Bathroom

Level: First

Dining room

Level: First
Dimensions: 10'8x8'10

Entry foyer

Level: First
Dimensions: 10'8x4'3

Kitchen

Level: First
Dimensions: 10'3x12'2

Living room

Level: First
Dimensions: 13x12'3

Heating

Natural Gas

Features

Main Level Primary
Basement: Crawl Space
Has fireplace: No
Fireplace features: None

Interior area

Total structure area: 700
Total interior livable area: 700 sqft
Finished area above ground: 700
Finished area below ground: 0

Property

Parking

Parking features: No Garage

Features

Levels: One
Stories: 1
Frontage length: 0,0

Lot

Size: 0.38 Acres
Features: Level

Details

Parcel number: 0455502600

Construction

Type & style

Home type: SingleFamily
Architectural style: One Story
Property subtype: Single Family Residence

Materials

Frame, Vinyl Siding
Foundation: Block
Roof: Composition,Metal,Shingle

Utilities & green energy

Electric: Circuit Breakers
Sewer: Public Sewer
Water: Public

Community & HOA

Location

Region: Marenisco

Financial & listing details

Price per square foot: $29/sqft
Tax assessed value: $41,672
Annual tax amount: $1,197
Date on market: 6/12/2026
Ownership: Fee Simple

Estimated market value

Not available

Estimated sales range

Not available

$825/mo

Price history

Date	Event	Price
7/14/2026	Price change	$20,000-33.3%$29/sqft
Source: GNMLS #217777 Report a problem
6/12/2026	Listed for sale	$30,000$43/sqft
Source: GNMLS #217777 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$1,197 -26%	$20,836 +15.3%
2024	$1,618	$18,067 +15.3%
2023	--	$15,672 +24.1%
2022	--	$12,627 +6%
2021	--	$11,911 -0.6%
2020	--	$11,979 -3.6%
2019	--	$12,432 -10.6%
2018	--	$13,899 +27.9%
2017	--	$10,866
2016	--	$10,866 +23.4%
2014	--	$8,806 +1.3%
2013	--	$8,692

Find assessor info on the county website

Monthly payment

Est. payment

Payment breakdown

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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included

All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.

HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.

Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.

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