$2,791 Closing Credit¹
#67025014315, Brandon Ball, Listing Office: Dwelling Realty - KW Northern Michigan
$175,900 List price
427 Water St Manistee, MI 49660
$2,089
Closing credit¹
0 beds
1 partial
3,328 sqft
0.09 acres
$53 / sqft
House
Property details
About 427 Water St
There is a growing demand for residential housing, and this historic building offers a unique solution to this pressing issue. By converting the building into residential units, investors have the opportunity to contribute to alleviating the housing shortage in Manistee. Given the rapid economic growth in Manistee and its prime location near the Manistee River Boardwalk and Lake Michigan's 1st Street Beach (Voted ''Best beach in Michigan'' USA Today), this property holds immense potential.
Highlights
Home typeSingle Family Residence
HeatingNatural Gas, Steam
StatusActive
Size3,328 sqft
BasementYes
Lot size0.09 Acres
Year built1907
MLS #67024038315
Summary
- Partial Bathrooms: 1
- Basement: Yes
- Architectural Style: Historic
- Heating: Natural Gas, Steam
- List Price: $175,900
- Price/SqFt: $52
- Annual Tax Amount: $5,699
- Tax Year: 2024
- Lot: Corner Lot, Wooded
- Directions: In downtown Manistee at the Southeast corner of Oak and Water Streets
- Year Built: 1907
- Stories: 2
- Living Area: 3,328 SqFt
- Lot Size: 0.09 Acres
- MLS Number: 67024038315
- MLS Name: Mason Oceana Manistee Board of REALTORS
- Office Name: Dwelling Realty - KW Northern Michigan
- Office Phone: (231) 887-4455
- Listing Agent: Jermaine Elizabeth Sullivan
Disclaimer: The data relating to real estate on this web site comes in part from the IDX of Realcomp II Ltd. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.
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. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited.
IDX provided courtesy of Realcomp II Ltd. Copyright © 2025 Realcomp II Ltd. Shareholders. All rights reserved. Originating MLS shown with each listing detail.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/6/2025, 11:20:32 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$175,900
427 Water St
$2,089
closing credit¹
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Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $93,100 | $5,699 |
| 2023 | $92,600 | $- |
| 2022 | $79,400 | $- |
| 2021 | $75,500 | $- |
| 2020 | $55,600 | $- |
| 2019 | $50,700 | $- |
| 2018 | $46,000 | $- |
| 2017 | $40,900 | $- |
History based on county public records data.
Nearby schools
5
John F Kennedy Elementary School
Public District 3-5
0.4 mi
•550 Maple St
6
Bear Lake Elementary School
Public District PK-6
14.9 mi
•7748 Cody St
4
Knd Elementary School
Public Magnet KG-6
15.5 mi
•4400 Highbridge Rd
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $50,000. Most Manistee, MI residents have annual incomes between $35k-100k. Most families are single, no kids. Residents of this area typically have post secondary degree education.
How much money do the neighbors make?
39%
<35k
50%
35k-100k
9%
100k-200k
2%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate
What types of families live nearby?
48%
Single, No Kids
8%
Single, with Kids
35%
Married, No Kids
9%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
10%
<11 yrs old
6%
12-17 yrs old
13%
18-34 yrs old
42%
35-64 yrs old
29%
65+ yrs old
What do the neighbors do for fun?
PGA/LPGA
Figure Skating
NASCAR
Where do the neighbors shop?
Stein Mart
Kmart
Dollar General
Where do the neighbors go to eat?
Bob Evans
Cracker Barrel
Sonic
What do the neighbors drive?
Lincoln
Buick
Ram
What do the neighbors listen to?
News/Talk/Information
Oldies
Classic Country
All data provided by Home Junction and Claritas
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Frequently asked questions
About 427 Water St
The listing price of 427 Water St property is $175,900.
The property 427 Water St is a house located in Manistee, Michigan, 49660.
Active Listing: 427 Water St is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 427 Water St are: John F Kennedy Elementary School (GreatSchools Rating 5/10), Bear Lake Elementary School (GreatSchools Rating 6/10), Knd Elementary School (GreatSchools Rating 4/10), Brethren Middle School (GreatSchools Rating 5/10), Mason County Central Middle School (GreatSchools Rating 5/10), Oj Dejonge Middle School (GreatSchools Rating 6/10), Casman Alternative Academy (GreatSchools Rating 1/10), Manistee Middle High School (GreatSchools Rating 7/10), Michigan Great Lakes Virtual Academy (GreatSchools Rating 3/10).
According to the records, the last property tax for 2024 is $5,699 (source: MLS/based on county public records data).
The property at 427 Water St has 0 bedroom and 0 full and 1 half bathrooms.
The property 427 Water St is 3,328 SqFt (source: MLS/tax record).
The year of construction for 427 Water St is 1907.
This home is located at 427 Water St in Manistee, MI and zip code 49660. This 3,328 square foot home, which was built in 1907, sits on a 0.09 acre lot. Features: 0 bedroom, 1 bathroom. It has been listed on Rocket Homes since July 25, 2024 and is currently priced at $175,900.
In April 2025, from all listings sold in Manistee, MI there were more than 2 sold above asking price, over 5 sold below and more than 4 were sold right at the asked price. The number of listings in Manistee, MI increased by 29.8% between March and April 2025. The median list price of listings available in April 2025 was $245,000, while the average time on the real estate market was 46 days.
From Rocket Homes Real Estate and based on county public records data.