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2-Unit Short-Term Rental Property
New
For Sale
$214,900

261 Hughes Street, Manistee, MI 49660

Two separate living spaces offer private entrances and access to outdoor areas.

Property SizeContact for details
Days on Market3

Property Features for 261 Hughes Street

General Information

Standard status Active
Property subtype Multi Family

Units

Unit Mix 1 x 2BR/1BA, 1 x 1BR/1BA
Multifamily Units 2

Amenities

front deck
private balcony
lower deck
separate entrances

Building Details

Buildings 1
Construction bungalow
Listing Agency: Core Realty Partners LLC
Listed By: Tammy Steffens
Source: Jimdehaan
Added: Sep 24 Changed: Sep 26 Last Checked: Sep 24 at 7:32AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Core Realty Partners LLC

Investment Insights

Based on property information with market context.

Built in 1880, this two-unit bungalow has distinct living spaces with separate entrances. The front residence contains two bedrooms and one full bathroom, with a deck off the living room and a balcony connected to an upstairs bedroom. The rear residence includes one bedroom, one full bathroom and a lower-level deck.

The property has an established history as a VRBO rental. At 261 Hughes St in Manistee, it has a bike score of 60 and a walk score of 78.

Key Highlights

  • Two‑unit bungalow built in 1880
  • Front residence: 2 bedrooms, 1 full bathroom, living room deck and upstairs bedroom balcony
  • Rear residence: 1 bedroom, 1 full bathroom and lower‑level deck

Property Analytics

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Current Use

Short term rental ...

Suggested Use

Top Pick Parking Lot & Garage Auto Parts Store Grocery & Convenience Store HVAC Service (Bike/Boat/Book/etc) Store Carpet & Flooring Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

627
Businesses Nearby

Demographics for 49660, MI

14,134
Population
7,744
Households
1.8
Avg Household Size
49
Median Age
24%
College-Educated
90%
High-School Grad
171.4 sq mi
ZIP Area
82
Density / Sq Mi
$62,211
Median Household Income
$35,772
Median Earnings
$787
Median Rent
$170,500
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Frequently Asked Questions

What type of property is this?
Short term rental property - Two separate living spaces offer private entrances and access to outdoor areas.
Where is this short term rental property located?
The property is located at 261 Hughes Street Manistee, MI.
What is the asking price?
The asking price for this property is $214,900.
What are key features of this property?
This property features: Two‑unit bungalow built in 1880; Front residence: 2 bedrooms, 1 full bathroom, living room deck and upstairs bedroom balcony; Rear residence: 1 bedroom, 1 full bathroom and lower‑level deck
More about this property
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