Triplex

Manistee, MI Triplexes for Sale

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Eastlake, MI Free Soil, MI Onekama, MI Kaleva, MI Bear Lake, MI Brethren, MI Ludington, MI Fountain, MI
Mixed-Use Retail and Rental Building
Updated: Feb 11
Mixed-Use Retail and Rental Building

221 5th Street, Manistee, MI 49660

$149,000
0.11 AC lot
Multi‑purpose building in Manistee with 2 upper rental units: 1 bed/1 bath and 2 bed/1 bath
Each rental unit includes its own laundry and a spacious kitchen
Includes a retail space on the lower level with plenty of storage
Attached oversized 2‑car garage with a 10' overhead door plus off‑street parking
Year built 1880; roof is composition shingle and exterior is aluminum siding
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Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Manistee, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Renovated Triplex with Private Entrances
Renovated Triplex with Private Entrances

812 Forest Avenue, Frankfort, MI 49635

$485,000
2,035 sqft 0.17 AC lot

Completely renovated triplex with three apartments, private entrances, and air conditioning in each unit plus a newly paved driveway.

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Multi-Unit Residential Building with Lot
Multi-Unit Residential Building with Lot

7378 Chief Road, Bear Lake, MI 49614

$389,900
1.72 AC lot

2- to 4-unit residential income building with a sizable lot offers flexibility for future planning in Manistee County.

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Renovated Triplex with Private Entrances
Renovated Triplex with Private Entrances

812 Forest Ave, Frankfort, MI 49635

$485,000

Completely renovated triplex with three separate units, each with modern appliances and private entrances.

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Three-Unit Residential Income Property
Three-Unit Residential Income Property

10303 Nurnberger Road, Bear Lake, MI 49614

Contact for pricing

Newer three-apartment building offers separate entrances, storage, and each unit includes washer/dryer hookups.

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Manistee, MI Triplexes Market Trends and Statistics

Explore 1 triplexes for sale in Manistee, MI on our real estate platform.

Sale prices for three-family homes in Manistee, MI average $149,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Duplexes 8
Quadplexes 1
Short term rental properties 1
Triplexes 1

Demographics Overview

Population 15K
Population Growth (5Y) +1.2%
Median Household Income $62,211
College Educated 30.9%

High-Yield Neighborhoods for Investment

Identify Manistee submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
49660 $108.5K

Taxes & Financing

Tax Rate (average for all types) 3.88%
Tax Rate vs County Average 0.07 pp above county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Manistee County

New Delisted

Total CRE Inventory on Market (SF)

Average Property Price per SF

For-sale pricing trends across core commercial property types in Manistee County

Retail

Residential Income

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