Manton MI Multi Family for Sale
$319,500
421 N Michigan Manton, MI 49663
- Type:
- Multi-Family
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 2.15 Acres
- Year built:
- 1969
- Baths:
- MLS#:
- 80053139
- Subdivision:
- None
ADDITIONAL INFORMATION
Attention investors! Here�s your chance to own a 5-unit multi-family property in the heart of Manton. This property offers tremendous potential for income generation and expansion, all set on a spacious 2.15-acre parcel. Identical 2-bedroom, 1-bath units offer comfortable living spaces, though updating is needed to unlock their full potential. Tenants will appreciate the large, shared lawn area for relaxation and recreation. With over 2 acres, there is the possibility of expansion with additional units or tenant amenities (subject to local zoning and permits). Situated on a main street leading into Manton, this property offers easy access to town and visibility for potential renters. In addition, a large 24' x 40' garage provides versatile storage options for the property owner or tenants. Ideal for housing maintenance equipment, supplies, or as additional rental storage space. Whether you�re looking to update and maximize the current units or explore the property�s development potential, this is a unique opportunity to invest in Manton�s rental market!
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Manton Real Estate
The median home value in Manton, MI is $275,000. This is higher than the county median home value of $167,200. The national median home value is $338,100. The average price of homes sold in Manton, MI is $275,000. Approximately 57.28% of Manton homes are owned, compared to 27.66% rented, while 15.06% are vacant. Manton 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 Manton real estate agent to arrange a tour today!
Manton, Michigan has a population of 1,295. Manton is more family-centric than the surrounding county with 27.84% of the households containing married families with children. The county average for households married with children is 27.5%.
The median household income in Manton, Michigan is $41,039. The median household income for the surrounding county is $54,114 compared to the national median of $69,021. The median age of people living in Manton is 33.1 years.
Manton Weather
The average high temperature in July is 80.5 degrees, with an average low temperature in January of 11.1 degrees. The average rainfall is approximately 33.6 inches per year, with 88.8 inches of snow per year.