$175,900

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

  • 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

IDXDisclaimer: 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: 4/15/2025, 7:20:54 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 facade

$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. The majority of Manistee, MI residents have income between $35k-100k annually. Typical family type is single, no kids. Most residents in this area 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/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.

In March 2025, from all listings sold in Manistee, MI there were more than 3 sold above asking price, over 13 sold below and more than 2 were sold right at the asked price. The inventory of homes for sale in Manistee, MI between February and March 2025 decreased by 1.7%. Listings spent 97 days on the market in March 2025, and had a median list price of $245,000 during the same period.

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

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