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$875,000
New Listing

138 E Sheridan Street
Petoskey City, MI 49770

For Sale|Multi Family|Active
9
Beds
0
Total Baths
1900
Built
County:
Emmet
138 E Sheridan Street138 E Sheridan Street138 E Sheridan Street138 E Sheridan Street
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Monthly Payment (Est.)

$3,992
Calculator powered by Showcase IDX, a Constellation1 Company. Copyright ©2026 Information is deemed reliable but not guaranteed.

Well-located 5-unit close to downtown and services. Four units renovated (new electric, drywall, flooring); two new water-heater pumps; parking lot sealed/striped; roof ~5 years old. In-place rent ~$8,100/mo with a mix of renovated and durable finishes. City utilities. Large lot with on-site parking and green space. Attractive cash flow today with upside on future turns and light exterior enhancements.

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Listing Snapshot
Price 
$875,000
Days On Site 
0 Days
Bedrooms 
9
Inside Area (SqFt) 
N/A
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
3.43 Acres
Year Built 
1900
MLS® Number 
81026003305
Status 
Active
Property Tax 
$12,200
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
5 hours agoListing first seen on site
5 hours agoListing updated with changes from the MLS®
General Features
Acres 
3.43
Cross Street 
Emmet & Sheridan
Parking 
Shared Driveway
Parking Spaces 
8
Property Sub Type 
Multi Family
Sewer 
Public Sewer
Utilities 
Electricity ConnectedNatural Gas ConnectedSewer ConnectedSewer Available
Water Source 
Public
Interior Features
Heating 
Forced AirNatural Gas
Laundry Features 
Common AreaLaundry Closet
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Exterior Features
Construction Details 
Vinyl 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.

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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