Updated Triplex with
New
For Sale
$239,900
321 Dresser Street, Cheboygan, MI 49721
MULTI_FAMILY - Other - Cheboygan, MI
Property SizeContact for details
Days on Market7
Property Features for 321 Dresser Street
General Information
Property type
Residential Multi Family
Property subtype
Triplex
Bedrooms
4
Bathrooms
3
Full bathrooms
3
Rooms
Laundry Room, Bedroom 1, Bedroom 3, Bathroom 1, Bathroom 2, Bathroom 3, Bedroom 4, Bedroom 2
Subdivision
Pattersons Add
Elementary school
Cheboygan
High school
Cheboygan
Directions
Drive northwest on West State St/C-66. Left to Dresser St. Property is on the right.
Standard status
Active
APN
054-P35-001-002-00
Taxes and HOA fees
Tax Year
2025
Tax Description
PATTERSONS ADDITION TO CHEBOYGAN VILLAGE NO 2, N1/2 LOT 2, BLK 1. **AND** E1/2 ADJ VAC ALLEY. (SEC 31, T38N,R1W) 436/674;471/395;1446/964
Tax Annual Amount
2295
Legal Description
PATTERSONS ADDITION TO CHEBOYGAN VILLAGE NO 2, N1/2 LOT 2, BLK 1. **AND** E1/2 ADJ VAC ALLEY. (SEC 31, T38N,R1W) 436/674;471/395;1446/964
Utilities
Sewer type
Public Sewer
Heating system
Natural Gas, Forced Air
Amenities
in-unit washer/dryer
laundry hookup
deck/porch
yard space
Building Details
Floors in Building
2
Number of units
3
Architectural style
Other
Listing Agency:
Beycome Brokerage Realty LLC
(804) 656-5007
Listed By:
Steven Koleno
(804) 656-5007
Added: Aug 13
Last Checked: Aug 19 at 11:06AM
MLS# 201842167
Copyright © 2026 Water Wonderland Board of Realtors®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This three-unit residential property includes two 1-bedroom/1-bath apartments and one 2-bedroom/1-bath apartment. Apartment 2 received an extensive renovation in 2025, including new LVP flooring, kitchen cabinets, appliances, bathroom fixtures, paint, windows, and a laundry hookup. Apartments 1 and 3 also feature updated LVP flooring and fresh paint, with in-unit washers and dryers. A newer roof, new front and side porches, shared decking, and a large rear deck add to the improvements. The property includes three off-street parking spaces, separate electric metering for each apartment, and forced-air natural gas heat. The landlord currently pays gas and public water and sewer. Located on a quiet residential street, the property is two blocks from downtown Cheboygan shops, restaurants, and amenities. Two apartments are leased, while the renovated third unit is vacant.
Key Highlights
- Triplex with two 1‑bedroom/1‑bath units and one 2‑bedroom/1‑bath unit
- Apartment 2 extensively renovated in 2025 with new flooring, kitchen, bathroom, windows, and laundry hookup
- Newer roof plus new front and side porches, shared deck, and large rear deck
Property Analytics
Property Profile
Current Use
Lease Details
3
Residential units
Multi-tenant
Tenancy
Yes
Paved road access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
375
Businesses Nearby
Explore this area
Business Placement
Demographics for 49721, MI
14,058
Population
8,535
Households
1.6
Avg Household Size
50
Median Age
22%
College-Educated
89%
High-School Grad
266.7 sq mi
ZIP Area
53
Density / Sq Mi
$60,840
Median Household Income
$30,807
Median Earnings
$753
Median Rent
$170,000
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Triplex - One renovated apartment is vacant, while two additional units are leased.
Where is this triplex located?
The property is located at 321 Dresser Street Cheboygan, MI.
What is the asking price?
The asking price for this property is $239,900.
What are key features of this property?
This property features: Triplex with two 1‑bedroom/1‑bath units and one 2‑bedroom/1‑bath unit; Apartment 2 extensively renovated in 2025 with new flooring, kitchen, bathroom, windows, and laundry hookup; Newer roof plus new front and side porches, shared deck, and large rear deck
