Elberta MI Multi Family for Sale

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Type:
Multi-Family
Sq.Ft.:
740
Status:
Active
Beds:
n/a
Lot size:
0.1 Acres
Year built:
1895
Baths:
MLS#:
80049610
Subdivision:
None

ADDITIONAL INFORMATION

Successful Duplex Rental in Downtown Elberta! Fully Remodeled, all new furniture and appliances and ready for new owners! One of the best kept secrets in all of Michigan. Spend your lazy days of summer wandering beaches, bluff trails, bike paths, restaurants, farmers markets, Marinas and shopping all right out of your front door. These fully Renovated units come with panoramic Bay views and 100% ready to occupy or rent. Rent one or both units to cover your costs of ownership. The property is Commercially zoned and fully furnished. This is a truly "turnkey" property with proven short term rental history. See the attached list of improvements to see how much has been done! This is an over/under duplex, bottom (2/1) unit was taken to the studs and brought back to life with all new finishes, appliances and utilities in 2022/23. Upstairs Studio Apt is also freshly remolded with a full kitchen and bath remodel, new flooring and paint through out. New roof and gutters, concrete patio, driveway and landscaping all new as well. Seller is a licensed agent in the State of Michigan

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Andrea D. Conner, License 6502432340, Xome Inc., License 6505376883, [email protected], 844-400-XOME (9663), 71 Walnut, Suite 206, Rochester, MI 48307


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Elberta Real Estate

The median home value in Elberta, MI is $198,000. This is lower than the county median home value of $321,100. The national median home value is $338,100. The average price of homes sold in Elberta, MI is $198,000. Approximately 37.2% of Elberta homes are owned, compared to 1.93% rented, while 60.87% are vacant. Elberta real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Elberta real estate agent to arrange a tour today!

Elberta, Michigan has a population of 295. Elberta is more family-centric than the surrounding county with 32.76% of the households containing married families with children. The county average for households married with children is 23.44%.

The median household income in Elberta, Michigan is $76,750. The median household income for the surrounding county is $68,875 compared to the national median of $69,021. The median age of people living in Elberta is 32.9 years.

Elberta Weather

The average high temperature in July is 78.7 degrees, with an average low temperature in January of 17.9 degrees. The average rainfall is approximately 35.1 inches per year, with 112.9 inches of snow per year.

Elberta Real Estate Market Conditions

  • Median sales price

    $198,000
    19.8% change since last quarter
  • # Active listings

    2
    30-day change

Elberta Schools and Demographics

Education near Elberta, MI

Metric City County
High School Graduates 95.15 92.98
College Degree - 2 year 6.61 9.88
College Degree - 4 year 27.31 32.81
Graduate Degree 16.74 9.23
Expenditures per Student 13,105 13,105
Students per Teacher 17.2 17.2

Elementary Schools near Elberta, MI

School Grades Students P/T Ratio ZIP
Bear Lake Elementary School PK - 06 153 19.1 49614
Crystal Lake Elementary School KG - 05 181 16.6 49616
Frankfort Elementary School KG - 06 228 12.8 49635
Platte River Elementary School KG - 06 272 20.7 49640

Middle Schools near Elberta, MI

School Grades Students P/T Ratio ZIP
Benzie Central Middle School 07 - 08 257 17.9 49616

High Schools near Elberta, MI

School Grades Students P/T Ratio ZIP
Bear Lake High School 07 - 12 154 26.9 49614
Benzie Central Senior High School 09 - 12 457 22.8 49616
Frankfort High School 07 - 12 244 15.7 49635

Ungraded Schools near Elberta, MI

School Grades Students P/T Ratio ZIP
* Benzie Academy 09 - 12 60 32.3 49616

Demographics near Elberta, MI

Metric City County
Neighborhood Type Small town
Population 295 17,926
Population Density 393 56
Median Age 32.9 50.4
People per Household 3.6 2.6
Median Household Income 76,750 68,875
Average Income per Capita 41,915 34,250