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$875,000
New Listing
138 E Sheridan StreetPetoskey City, MI 49770
For Sale|Multi Family|Active
9
Beds
0
Total Baths
1900
Built
County:
Emmet




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Monthly Payment (Est.)
$3,992Calculator 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 ago | Listing first seen on site | |
| 5 hours ago | Listing 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.
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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