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Off market
  • $285,600

    516 W Main St, Manchester, MI 48158

    --beds
    0baths
    3,148sqft
    MultiFamily
    Built in 1870
    -- sqft lot
    $285,600 Zestimate®
    $91/sqft
    $1,372 Estimated rent

    Home value

    $285,600

    $254,000 - $320,000

    $1,372/mo

    Zestimate® history
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    Rent Zestimate®

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    $1,837/mo

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    $1,837/mo

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    What's special

    Exclusively listed by Pat Fielder of Keller Williams Ann Arbor. Just a stones throw from Parks, Shopping, Dining and the picturesque Raisin River, this lovely Manchester property not only entrances you with its historic details but pleases your wallet with its income potential! This 3148 sq foot Brick Italianate has transformed over the years into a 3-unit rental with tremendous cash flow for any buyer. You'll find a freshly remodeled 2-bedroom unit with 10-foot ceilings, stunning windows, and loads of character that is ready for a new owner or new tenant. Upstairs also hosts a large 2-bedroom, rented unit. The roomy 3-bedroom unit, also rented, has its own deck access and a gorgeous bay window. On just over a half-acre lot, the 2 car garage and wide driveway allow for ample parking for all tenants and their guests. There are separate electrical/gas/cable for each unit. Whether you want to Invest, live in, or renovate this Historic gem back to a single-family dwelling, THIS notable property creates opportunity!

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bathrooms: 0
    Appliances
    • Laundry: Yes
    Features
    • Basement: Yes
    Interior area
    • Total interior livable area: 3,148 sqft

    Property

    Lot
    • Size: 0.61 Acres
    Details
    • Parcel number: 161602363012

    Construction

    Type & style
    • Home type: MultiFamily
    Condition
    • Year built: 1870

    Community & neighborhood

    Location
    • Region: Manchester

    Other

    Other facts
    • Laundry: Yes
    • Road Type: Public
    • # Of Kitchens: 3
    • Property Subtype 1: 1 - 4 Units
    • Outside Features: Deck
    • Tenant Pays: Cable TV, Electricity, Heat
    • Lot Size Source: (Tax Record)
    • # Total Bedrooms: 7
    • Construction: Other
    • Basement: Yes
    • City or Township: Village
    • Basement Type: Michigan, Partial, Full, Walkout
    • URL: https://annarbor.rapmls.com/scripts/mgrqispi.dll?A

    Price history

    DateEventPrice
    12/6/2023Listing removed--
    Source: MiRealSource #40245975 Report a problem
    11/15/2021Sold$225,000+0.1%$71/sqft
    Source: MichRIC #20047 Report a problem
    11/12/2021Pending sale$224,700$71/sqft
    Source: Realcomp II #543283730 Report a problem
    10/25/2021Contingent$224,700$71/sqft
    Source: AAABOR #3283730 Report a problem
    10/21/2021Listed for sale$224,700$71/sqft
    Source: AAABOR #3283730 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$7,514 $131,000 +3.9%
    2024-- $126,100 +11.9%
    2023-- $112,650 +7.4%

    Find assessor info on the county website

    Neighborhood: 48158

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • District: Manchester

    Source: The MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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