$2,089

closing credit¹

427 Water St Manistee, MI 49660

$175,900
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
HeatingSteam
StatusActive
Size3,328 sqft
BasementYes
Lot size0.09 Acres
Year built1907
MLS #24038315

Summary

  • MLS Number: 24038315
  • Office Name: Dwelling Realty - KW Northern Michigan
  • Office Email: hello@dwellingrealty.com
  • Listing Agent: Jermaine Elizabeth Sullivan

Broker Reciprocity Disclaimer: Information deemed reliable, but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor this broker shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The data relating to real estate for sale on this website comes in part from the Broker Reciprocity Program of MichRIC, LLC. Real estate listings held by brokerage firms other than this broker are marked with the BR logo and detailed information includes the name of the listing broker. Copyright 2025 Grand Rapids Association of REALTORS® / Copyright © MichRIC, LLC. / MLS Exchange Inc. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/13/2025, 11:50:54 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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view of front of house

$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

YearAssessmentProperty 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.

All data from GreatSchools

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. Typical level of education for residents in this area is post secondary degree.

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/LPGAPGA/LPGA
  • Figure SkatingFigure Skating
  • NASCARNASCAR

Where do the neighbors shop?

  • Stein MartStein Mart
  • KmartKmart
  • Dollar GeneralDollar General

Where do the neighbors go to eat?

  • Bob EvansBob Evans
  • Cracker BarrelCracker Barrel
  • SonicSonic

What do the neighbors drive?

  • LincolnLincoln
  • BuickBuick
  • RamRam

What do the neighbors listen to?

  • News/Talk/InformationNews/Talk/Information
  • OldiesOldies
  • Classic CountryClassic Country
All data provided by Home Junction and Claritas

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Frequently asked questions

About 427 Water St

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.

While more than 0 listings in Manistee, MI in January 2025 were sold above asking price, there were more than 2 listings sold at asking price, and more than 6 were sold below. Between December and January 2025, Manistee, MI real estate market has seen increase in the number of listings by 1.8%. Listings spent 84 days on the market in January 2025, and had a median list price of $230,000 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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