This 5-unit multi-family home is a fantastic opportunity for investors! The property features four 1-bedroom, 1-bath units and one 2-bedroom, 1-bath unit, perfect for attracting a range of tenants. Additional highlights include a full basement for storage or potential laundry setup, a 1.5-car detached garage, and a generous backyard ideal for tenant enjoyment. Conveniently located close to the hospital and Alpena Community College, this property offers strong rental appeal and consistent demand. Whether you're expanding your portfolio or looking to house hack, this versatile property is worth a look! Square footage is approximate and should be verified by the buyer or buyer's agent.
Sold for $165,000
$165,000
615 W Lake St, Alpena, MI 49707
6beds
5baths
4,104sqft
Multi Family
Built in 1949
-- sqft lot
$170,900 Zestimate®
$40/sqft
$1,589 Estimated rent
Home value
$170,900
Estimated sales range
Not available
$1,589/mo
Zestimate® history
Owner options
List your home for rent
$1,589/mo
Rent Zestimate®
Find your next renter with Zillow Rental Manager. Plus, with online applications, you can quickly screen prospective tenants – for free.
$1,589/mo
Rent Zestimate®
Refinance and save
$1,112/mo
Est. payment
Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.
$1,112/mo
Est. payment
Explore your selling options
Work with a Zillow partner agent
Leverage their expertise and Zillow's premium Showcase listings to get your home seen by more buyers.
Get startedList with your own agent
Get your home in front of millions of buyers by listing it on Zillow.
Learn how to do itSell it yourself
Take full control of how buyers see your home on Zillow by listing For Sale by Owner (FSBO).
List your homeWhat's special
Full basementGenerous backyard
Zillow last checked:
Listing updated:
Listed by:
Joshua Handrich 989-464-6816,
CENTURY 21 NORTHLAND of ALPENA
Source: WWMLS,MLS#: 201834726
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 5
Heating
- Natural Gas, Forced Air
Appliances
- Included: Refrigerator
Interior area
- Total structure area: 4,104
- Total interior livable area: 4,104 sqft
Property
Parking
- Parking features: Garage
- Has garage: Yes
Features
- Stories: 2
Lot
- Size: 9,240 sqft
- Dimensions: 66 x 140
Details
- Parcel number: 09229700003000
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Aluminum Siding
Condition
- Year built: 1949
Utilities & green energy
- Sewer: Public Sewer
Community & neighborhood
Location
- Region: Alpena
- Subdivision: The Village Now City
Other
Other facts
- Listing terms: Cash,Conventional Mortgage
- Ownership type: LLC
Price history
| Date | Event | Price |
|---|---|---|
| 6/23/2025 | Sold | $165,000-8.3%$40/sqft |
Source:  WWMLS #201834726 Report a problem | ||
| 5/28/2025 | Contingent | $180,000$44/sqft |
Source: WWMLS #201834726 Report a problem | ||
| 5/21/2025 | Listed for sale | $180,000$44/sqft |
Source: WWMLS #201834726 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | -- | $69,400 +25% |
| 2024 | $2,118 +4.9% | $55,500 +19.6% |
| 2023 | $2,020 -14.5% | $46,400 +7.2% |
| 2022 | $2,361 | $43,300 +4.1% |
| 2021 | -- | $41,600 +7.5% |
| 2020 | $1,994 +3.2% | $38,700 +4.6% |
| 2019 | $1,931 +3.9% | $37,000 +3.4% |
| 2018 | $1,859 | $35,800 +2.6% |
| 2017 | -- | $34,900 +5.8% |
| 2016 | $231 | $33,000 +4.1% |
| 2015 | $231 -27.3% | $31,700 |
| 2013 | $317 -99% | $31,700 |
| 2012 | $31,700 +1441.3% | $31,700 -18.9% |
| 2011 | $2,057 | $39,100 |
Find assessor info on the county website
Neighborhood: 49707
Nearby schools
GreatSchools rating
- 4/10Lincoln Community SchoolGrades: K-5Distance: 0.2 mi
- 8/10Alpena High SchoolGrades: 8-12Distance: 2 mi
- 6/10Thunder Bay Junior High SchoolGrades: 6-8Distance: 2.3 mi
Schools provided by the listing agent
- Elementary: Alpena
- High: Alpena
Source: WWMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
Get pre-qualified for a loan
At Zillow Home Loans, we can pre-qualify you in as little as 5 minutes with no impact to your credit score.An equal housing lender. NMLS #10287.
- Michigan
- Alpena County
- Alpena
- 49707
- 615 W Lake St
Nearby cities
Nearby zip codes
Other Alpena Topics
