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  • $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

    List your home for rent

    $1,387/mo

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    $1,387/mo

    Rent Zestimate®

    Refinance and save

    $1,737/mo

    Est. payment

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    $1,737/mo

    Est. payment

    What's special

    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!

    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#: 25006295MLS Logo

    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