Company Logo
SIGN UP LOG IN

7 Total Photos [Click to View All]

524 State Street
Petoskey, MI 49770

$850,000 - Status: Active
MLS# 26003300

Classic, well-maintained 6-unit multifamily in a walkable Petoskey neighborhood near downtown, schools, and employment. Mix of renovated units with durable finishes; exterior paint, porch rebuild, foundation work, breezeway update, and other recent upgrades. In-place rent ~$8,150/mo with stable tenancy. City utilities. Clean common areas, covered front porch, and landscaped grounds. Strong rental history with opportunity to continue interior refresh program and capture market rent on renewals/turns.

Property Features

MLS#: 26003300
Zip: 49770
Subdivision:
Development: Petoskey City
Property Type: Multi Unit - Multiple
Number of Units: 6
Basement: Michigan Basement
Cooling: None
Days on Site: 96
Heating: Forced Air
Lot Size: 0.16 acres
Roof Type: Composition
Taxes: $15,500
Year Built: 1900

Feature Descriptions

Exterior: Wood Siding, Other
Laundry: None
Lot Dimensions: 50x145
Owner Pays: Trash Collection, Electricity, Water, Sewer, Gas
Parcel Number: 52-19-05-100-090
Parking Total: 0
Road Surface: Paved
Sewer: Public Sewer
Sub Type: 5+ Units
Tenant Pays: None
Units: 6
Utilities: Natural Gas Available, Electricity Available, Natural Gas Connected, Electricity Connected, Cable Connected

Local Schools

School District: Petoskey

524 State Street | MLS# 26003300

This multi-family property located at 524 State Street, Petoskey, MI 49770 is currently listed for sale with an asking price of $850,000. State Street is located within the Petoskey school district. Search Petoskey real estate on www.coldwellbanker1stchoice.com today.

Listed By / Shown By

Listed By

Agency Name: Van Treese Management LLC
Agency Phone: 231-373-7921
Agent Name: Christopher Skrobeck

Shown By

Agency Title: Coldwell Banker 1st Choice
Agency Phone: (219) 324-2121

IDX logoThe property comes from the Member MLS's of the Michigan Regional Information Center, LLC (MichRIC). Copyright 2026 Michigan Regional Information Center, LLC (MichRIC). All rights reserved. Information deemed reliable, but not guaranteed. Data Last Updated 05/05/2026.

Ask a Question

Ask a Question
  1. Select an Agent

Login to My Homefinder

Pixel