At the base of Mt. Mancelona, this property has the ability to function as a multi-unit investment space. With 8 designated spots for mobile homes to park, one could rehab the 3 pre-existing units or start fresh. As this area continues to grow economically, opportunity is ringing! The lot is tucked into a quiet residential neighborhood centrally located in Mancelona. Open township zoning offers the perfect landing for that unique idea!
The median home value in Mancelona, MI is $198,000. This is lower than the county median home value of $281,600. The national median home value is $338,100. The average price of homes sold in Mancelona, MI is $198,000. Approximately 64.96% of Mancelona homes are owned, compared to 22.86% rented, while 12.18% are vacant. Mancelona 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 Mancelona real estate agent to arrange a tour today!
Mancelona, Michigan has a population of 1,555. Mancelona is more family-centric than the surrounding county with 32.26% of the households containing married families with children. The county average for households married with children is 21.8%.
The median household income in Mancelona, Michigan is $44,750. The median household income for the surrounding county is $60,378 compared to the national median of $69,021. The median age of people living in Mancelona is 31.2 years.
The average high temperature in July is 77.1 degrees, with an average low temperature in January of 10 degrees. The average rainfall is approximately 33.5 inches per year, with 141.8 inches of snow per year.