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238 W Parkdale Avenue

Manistee, MI 49660
  • $292,500
  • STATUS: Active Under Contract
  • ON SITE: 33 Days
  • MLS #: 25006295
Under Contract
UPDATED: 67 min ago
$292,500
  • 5
    BEDS
  • 0.35
    ACRES
  • 3
    BATHS
  • 0
    1/2 BATHS
  • 2,400
    SQFT
  • $122
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1900
County:

School Ratings & Info

School District:

Description

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!

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© 2025 MichRIC, LLC. All rights reserved. Information deemed reliable but not guaranteed. Updated: 2025-03-26T13:34:32.307.
www.michiganlakehomes.net/homes/160716204
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238 W Parkdale Avenue Manistee, MI 49660

  • Price: $292,500
  • Status: Active Under Contract
  • On Site: 33 Days
  • Updated: 67 min ago
  • MLS #: 25006295
5
Beds
3
Baths
0
½ Baths
0.35
Acres
2,400
SQFT
$122
$/SQFT
1900
Built
Neighborhood:
Manistee Twp
County:
Manistee
School District:
Manistee
Property Description
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!
Exterior Features

Attached Garage YN No Construction Materials Vinyl Siding Driveway Paved YN Yes Frontage Type [] Lot Features [] Parking Total 12 Road Surface Type Paved Roof Composition Water Body Name Manistee River Waterfront Features [] Waterfront YN No

Interior Features

Basement Full Basement YN No Cooling Central Air Cooling YN Yes Heating Forced Air Heating YN Yes

Property Features

Accessibility Features [] Association Amenities [] Association Fee Includes [] Auction Or For Sale For Sale Cross Street Hahn Road Listing Terms CashConventional New Construction YN No Owner Pays None Property Sub Type 2 to 4 Units Sewer Septic Tank Tax Annual Amount 2338 Tax Year 2024 Tenant Pays ElectricGas Utilities Natural Gas AvailableElectricity AvailableCable AvailableNatural Gas ConnectedElectricity ConnectedCable ConnectedBroadband Water Source WellPublic Zoning Commericial

Listing provided courtesy of Therran Ferguson of Essential Real Estate: 231-299-1180. © 2025 MichRIC, LLC. All rights reserved. Information deemed reliable but not guaranteed.


© 2025 MichRIC, LLC. All rights reserved. Information deemed reliable but not guaranteed. Updated: 2025-03-26T13:34:32.307.
 
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