new - 2 days on rocket

421 N Michigan Ave, Manton, MI, 49663

$319,500

Home List Price

$3,794*

Closing Credit

1 Bath
3,401 SqFt
$94/SqFt
House

Location

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421 N Michigan Ave, Manton$319,500

Buyer Closing Credits

$3,794*

1.25% Loan Amount

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Property Highlights

ParkingNone
Year Built1969
HeatingHot Water
WaterfrontNone
FireplaceNone
MLS #1929725
Lot Size2.15 Acres
StatusActive
(New)

About 421 N Michigan Ave

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!

Property Details

Property Features

Property Information:

  • Architectural Style: 1 Story
  • Year Built: 1969
  • Living Area: 3,401 SqFt

Listing Office:

  • Office Name: Coldwell Banker Schmidt-Cadillac
  • Office Phone: (231) 775-1737
  • Listing Agent: Ann Fox

Interior Features

Interior Information:

  • Appliances: Refrigerator, Oven/Range
  • Interior: Drywall
  • Fireplace: None

Exterior Features

Exterior Information:

  • Waterfront: None
  • Exterior: Covered Porch, Aluminum Siding

Parking Information:

  • Attached Garage: No
  • Parking: None

Lot Features

Lot Information:

  • Lot Size: 2.15 Acres

Utilities

Utilities Information:

  • Heating: Hot Water

Other

Directions Information:

  • Directions: North to Manton on North Mackinaw Trail, road turns into Michigan Ave. Continue into town, property will be on the left hand side. Alternative: Hwy 131 to Manton, E 17th St towards town, turn on Michigan Avenue and head north to property, on left.

Price Information

Listing Price Info

Price Summary:

  • List Price: $319,500
  • Price Per SqFt: $94/SqFt

Tax Information:

  • Annual Amount: $3,894
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Manton, MI.

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Manton, MI

City

Med. Sold Price

$229.9K

Med. Price/SqFt

$150

Avg. Days On Market

34

# of Sold Homes

2

421 N Michigan Ave vs Manton

2 DAYS ON ROCKET

-32 Days

$319,500

+$89.6K More

$94/SqFt

-$57 Less

KEY TAKEAWAY

This property is $89.6K more than the Median Sold Price and $57/SqFt less than other homes in Manton, MI.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: TAAR
  • MLS Number: #1929725

Listing Office:

  • Office Name: Coldwell Banker Schmidt-Cadillac
  • Office Phone: (231) 775-1737
  • Listing Agent: Ann Fox

Copyright © 2024 Northern Great Lakes REALTORS® MLS™ All Rights Reserved. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/21/2024, 8:20:56 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$3,894$52,500
2020 - $56,300
2019 - $53,100
2018 - $57,600
2017 - $53,300

History based on county public records data.

Payment Calculator

$1,662

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,024

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-775992
7
/10

  • Manton Consolidated Elementary School

  • 105 5th St

  • 0.14 miles

  • Public District Grades PK-4

school-card-donut-775993
4
/10

  • Lincoln Elementary School

  • 125 Ayer St

  • 10.02 miles

  • Public District Grades KG-5

school-card-donut-775994
6
/10

  • Lake City Elementary School

  • 5534 W Davis Rd

  • 10.75 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $33,636. The most common annual income of people living in Manton, MI is less than $35k. Most families are single, no kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 421 N Michigan Ave

What is the listing price of this property?

The listing price of 421 N Michigan Ave property is $319,500.

What type of property is this?

The property 421 N Michigan Ave is a house located in Manton, Michigan, 49663.

Is this property for sale now?

Active Listing: 421 N Michigan Ave is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $3,894 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 421 N Michigan Ave has 1 bathroom..

What is the square footage of this property?

The property 421 N Michigan Ave is 3,401 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 421 N Michigan Ave is 1969.

Rocket Homes›Michigan›Wexford County›Manton›49663›421 N Michigan Ave

This home is located at 421 N Michigan Ave in Manton, MI and zip code 49663. This 3,401 square foot home, which was built in 1969, sits on a 2.15 acre lot. Features: 1 bathroom. It has been listed on Rocket Homes since December 19, 2024 and is currently priced at $319,500.

In November 2024, from all listings sold in Manton, MI there were more than 1 sold above asking price, over 0 sold below and more than 1 were sold right at the asked price. In November 2024 in Manton, MI there were 5.3% more homes for sale than in October 2024. In November 2024, listings were on the market for 34 days. During the same period, the median list price in this real estate market was $229,900.

From Rocket Homes Real Estate and based on county public records data.

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