Address
221 5th Street, Manistee, MI
Price
$ 149,000
Property Attributes
  • MLS#26005165
  • TypeMulti-Family
  • Listing Status Active
  • CountyMANISTEE
  • CityManistee
  • AreaCity of Manistee
  • NeighborhoodCity of Manistee
  • Zip49660
  • Style2 to 4 Units
  • Year Built1880
  • Taxes$ 2920
  • Price$ 149,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size0.11 Acres
Data Source:
Michigan Regional Information Center (MICHRIC)
Property Description

Investment Opportunity- Multi-Purpose Building in the City of Manistee. 2 large upper rental units with their own laundry and Spacious Kitchen! 1 Bed 1 Bath and a 2 Bed 1 Bath. Below is a Retail Space with plenty of Storage. Off street parking and attached oversized 2 Car Garage with 10' Over Head Door. Seller will look at Seller financing/land contract

Price History
2/12/2026 Listed $179,900
3/14/2026 3$174,900
5/6/2026 10$159,000
6/27/2026 7$149,000

General Features

Sewer Public Sewer
Heating Forced Air,Space Heater,None
Utilities Natural Gas Available,Electricity Available,Natural Gas Connected,Electricity Connected
Possession Close Of Escrow
Roof Composition
Construction Materials Aluminum Siding
Year Built 1880
Tenant Pays Electric,Gas
Township City of Manistee
Property Subtype 2 to 4 Units
Tax Year 2025
OwnerPays Water
County Manistee
New Construction No
Property Type Multi Family
Attached Garage No
Status Active
City Manistee
High School District Manistee
Number Of Units Total 3
Lot Size Units Acres
Lot Size Square Feet 4935.0
Listing Terms Cash,Conventional
Land Lease Y/N No
Tax Annual Amount 2920.0
Lease Renewal Y/N No
Additional Parcels Y/N No
Rent Control Y/N No
Standard Status Active
Tax Assessed Value 40209
MobileHomeRemainsYN No
Legal Description FREELAND N 78 FT OF E 1/2 OF LOTS 1 + 2 EXC W 2 FT THEREOF BLOCK 3 _____P.ADDR: 221 1/2 5TH ST SALE(76) 90 1345-792 (96) 360 4640 0481 (97) 3650 0046,3658 0189 (99) 360 2717 0199,710 1717 0199 (04)
Senior Community None

Interior Features

Basement Full,Michigan Basement
Basement (Y/N) Yes
Heating Y/N No
Laundry Features In Unit

Exterior Features

Parking Features Concrete,Driveway
Lot Features Corner Lot
Total Parking 2.0
Lot Size Area 0.11
Number of Buildings 2
Spa No
Lot Dimensions 67x78
Lot Size Acres 0.11
Road Surface Type Paved
Waterfront Y/N No
Crops Included Y/N No
Horse Y/N No
Irrigation Water Rights Y/N No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Multi-Family Average in 49660

Price
AVG $190K
$150K
Taxes
AVG $3,341
$2,920
Year Built
AVG 1901
1880