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$850,000
New Listing
524 State StreetPetoskey City, MI 49770
For Sale|Multi Family|Active
6
Beds
0
Total Baths
1900
Built
County:
Emmet
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Monthly Payment (Est.)
$3,878Calculator powered by Showcase IDX, a Constellation1 Company. Copyright ©2026 Information is deemed reliable but not guaranteed.
Classic, well-maintained 6-unit multifamily in a walkable Petoskey neighborhood near downtown, schools, and employment. Mix of renovated units with durable finishes; exterior paint, porch rebuild, foundation work, breezeway update, and other recent upgrades. In-place rent ~$8,150/mo with stable tenancy. City utilities. Clean common areas, covered front porch, and landscaped grounds. Strong rental history with opportunity to continue interior refresh program and capture market rent on renewals/turns.
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Listing Snapshot
Price
$850,000
Days On Site
0 Days
Bedrooms
6
Inside Area (SqFt)
N/A
Total Baths
N/A
Full Baths
N/A
Partial Baths
N/A
Lot Size
0.16 Acres
Year Built
1900
MLS® Number
81026003300
Status
Active
Property Tax
$15,500
HOA/Condo/Coop Fees
N/A
Sq Ft Source
N/A
Friends & Family
Recent Activity
| 5 hours ago | Listing first seen on site | |
| 5 hours ago | Listing updated with changes from the MLS® |
General Features
Acres
0.16
Cross Street
Waukazoo & Woodland
Parking
None
Property Sub Type
Multi Family
Sewer
Public Sewer
Utilities
Cable ConnectedElectricity ConnectedNatural Gas ConnectedSewer ConnectedSewer Available
Water Source
Public
Interior Features
Heating
Forced AirNatural Gas
Laundry Features
None
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Exterior Features
Construction Details
OtherWood Siding
Roof
Composition
Community Features
Financing Terms Available
CashConventionalFHA
MLS Area
Area24152Petosky
Roads
Paved
School District
Petoskey
Schools
School District
Petoskey
Elementary School
Unknown
Middle School
Unknown
High School
Unknown
Listing courtesy of Van Treese Management LLC: christopher@vantreesemanagement.com
IDX provided courtesy of Realcomp II Ltd. via GreaterMetropolitanAssociationofREALTORS. Copyright © 2026 Realcomp II Ltd. Shareholders.
IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing and that the data is deemed reliable but not guaranteed accurate by the MLS.
IDX provided courtesy of Realcomp II Ltd. via GreaterMetropolitanAssociationofREALTORS. Copyright © 2026 Realcomp II Ltd. Shareholders.
IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing and that the data is deemed reliable but not guaranteed accurate by the MLS.
Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
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