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  • Price cut: $24.5K (3/25)
    $295,000

    421 N Michigan Ave, Manton, MI 49663

    --beds
    1baths
    3,401sqft
    : 
    Multi Family
    Built in 1969
    -- sqft lot
    $-- Zestimate®
    $87/sqft
    $-- HOA

    What's special

    Large shared lawn area
    Attention investors! Here’s your chance to own a 5-unit multi-family property in the heart of Manton. This property offers tremendous potential for income generation and expansion, all set on a spacious 2.15-acre parcel. Identical 2-bedroom, 1-bath units offer comfortable living spaces, though updating is needed to unlock their full potential. Tenants will appreciate the large, shared lawn area for relaxation and recreation. With over 2 acres, there is the possibility of expansion with additional units or tenant amenities (subject to local zoning and permits). Situated on a main street leading into Manton, this property offers easy access to town and visibility for potential renters. In addition, a large 24' x 40' garage provides versatile storage options for the property owner or tenants. Ideal for housing maintenance equipment, supplies, or as additional rental storage space. Whether you’re looking to update and maximize the current units or explore the property’s development potential, this is a unique opportunity to invest in Manton’s rental market!
    128 days
    on Zillow
    |
    191
    |
    11
    |

    Zillow last checked: 7 hours ago

    Listing updated: April 07, 2025 at 02:13pm

    Listed by:

    Ann Fox 231-775-1737,

    Coldwell Banker Schmidt-Cadillac 231-775-1737

    Source: NGLRMLS,MLS#: 1929725MLS Logo
    Travel times

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bathrooms: 1
    Heating
    • Hot Water
    Cooling
    • Electric
    Appliances
    • Included: Refrigerator, Oven/Range
    Features
    • Drywall
    • Has fireplace: No
    • Fireplace features: None
    Interior area
    • Total interior livable area: 3,401 sqft

    Property

    Parking
    • Parking features: None
    • Has garage: Yes
    Accessibility
    • Accessibility features: None
    Features
    • Levels: One
    • Stories: 1
    • Patio & porch: Covered
    • Waterfront features: None
    Lot
    • Size: 2.15 Acres
    Details
    • Additional structures: Second Garage
    • Parcel number: MNT-04-4107
    • Zoning description: Commercial

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    • Attached to another structure: Yes
    Materials
    • Frame, Aluminum Siding
    • Foundation: Poured Concrete
    • Roof: Asphalt
    Condition
    • New construction: No
    • Year built: 1969

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Community
    • Features: Pets Allowed
    • Subdivision: None
    Location
    • Region: Manton

    Financial & listing details

    • Price per square foot: $87/sqft
    • Price range: $295K - $295K
    • Date on market: 12/19/2024
    • Listing agreement: Exclusive Right To Sell
    • Listing terms: Conventional,Cash,Land Contract/PMM
    • Ownership type: Corporation
    • Lease term: Month To Month,12 Months
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