Turnkey Triplex Investment in Manistee - Prime Location!
This fully rented triplex at 238 Parkdale Ave. offers an excellent income-generating opportunity in a high-visibility location on the US-31 business corridor in Parkdale, just north of Manistee. The main floor unit (formerly commercial) has been remodeled into a 2-bedroom residence with main floor laundry, currently rented for $1,275/month. Apartment 2 (1BR) rents for $700/month, and Apartment 3 (upper 2BR) rents for $950/month, generating $2,925/month in total rental income. Features separate utilities, paved parking, updated mechanicals, A/C in all units, handicap ramp, new septic (2020), and new roof (2016). A prime investment opportunity, schedule a showing today!
Sold
$286,000
238 W Parkdale Ave, Manistee, MI 49660
5beds
3baths
2,400sqft
2 to 4 Units
Built in 1900
-- sqft lot
$295,600 Zestimate®
$119/sqft
$1,387 Estimated rent
Owner options
What's special
Zillow last checked: 7 hours ago
Listing updated: April 09, 2025 at 10:01am
Listed by:
Therran Ferguson 231-510-1790,
Essential Real Estate
Bought with:
Jessica Stoddard, 6501450727
CENTURY 21 Northland
Source: MichRIC,MLS#: 25006295

Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 3
Heating
- Forced Air
Cooling
- Central Air
Features
- Basement: Full
Interior area
- Total interior livable area: 2,400 sqft
Property
Parking
- Total spaces: 12
- Parking features: Paved
Features
- Body of water: Manistee River
Lot
- Size: 0.35 Acres
- Dimensions: 96' x 138' x 127' x 102'
Details
- Parcel number: 510780000250
- Zoning description: Commericial
Construction
Type & style
- Home type: MultiFamily
- Property subtype: 2 to 4 Units
Materials
- Vinyl Siding
- Roof: Composition
Condition
- New construction: No
- Year built: 1900
Utilities & green energy
- Sewer: Septic Tank
- Water: Well
- Utilities for property: Natural Gas Available, Electricity Available, Cable Available, Natural Gas Connected, Electricity Connected, Cable Connected
Community & neighborhood
Location
- Region: Manistee
Other
Other facts
- Listing terms: Cash,Conventional
- Road surface type: Paved