115 chestnut Street Munising, MI ^$ 125,000

115 chestnut Street

^$ 125,000

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Recently Listed

115 chestnut Street

Munising, MI, 49862

^$ 125,000

Bedrooms4 Baths2.0 Sq 1,662

Monthly Estimate*

^$ 770

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115 chestnut Street, Munising, MI 49862 - Image 9

115 chestnut Street, Munising, MI 49862 - Image 10

115 chestnut Street, Munising, MI 49862 - Image 11

115 chestnut Street, Munising, MI 49862 - Image 12

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Multi-Family Home for sale in Munising, MI

for $125,000 with 4 bedrooms and 2 full baths. This 1,662 square foot home was built in 1890 on a lot size of 0.09.

Duplex in the heart of Munising! Live in one unit and rent out the other or a potential cash flow opportunity. Buy it with 113 Chestnut! The 4 beds, 2 bathrooms, are split between the upper and lower unit. The upstairs unit is well maintained with natural lighting. The living room is central and spacious. Parking is available in the back off the alley and is shared with 113 Chestnut. The lower unit also has 2 bedrooms. The opportunity to create equity with renovating and updating the space is here. Both units pull a positive cash flow and it's worth taking a look to see if this would be a good fit for someone looking to get into a home and pay part of their mortgage or looking to add a rental to their portfolio in this idyllic Lake Superior town.

Multi-Family Active

Price

^$ 125,000

Bedrooms

Full Bath

Property Type

Multi-Family

Taxes

^$ 2,719

Style

Conventional Frame

Lot Size

0.09

Year Built

1890

Town/City

Munising

County/Region

Alger

MLS | Web ID

50208888

Features

General

Heating Forced Air

Possession Subject To Tenant Rights

Garage Additional Garage(s)

Water Public Water

Appliances Range/Oven

Status Active Active

Full Baths 2

Half Baths 0

Bathrooms 2

Year Built 1890

Parking 3 or More Spaces

Subdivision n.a MI

Water Heater Electric

Style Conventional Frame

County Alger

Class MULTIFAMILY

Type Multi-Family

Ownership LLC

Municipality Munising

Electric 100 Amp Service

Zoning Residential

Sale/Rent For Sale

Status Detail 0

Utilities Electricity Connected Natural Gas Connected

Structure Style 2 Story

Area Munising (02012)

Primary City Munising

Location Main Street Walk to School

Directions from m-28 take a right on to chestnut

City Munising

School District Munising Public Schools

Financial Terms Cash Conventional

Legal Description HOME ADDITION LOTS 10 BLK 2 (2021 SPLIT TO 011-00)

DOM 0

Postal Code 49862

Price Per Sq Ft Total AG 75.21

Public Remarks Duplex in the heart of Munising! Live in one unit and rent out the other or a potential cash flow opportunity. Buy it with 113 Chestnut! The 4 beds 2 bathrooms

Exterior

Exterior Vinyl Siding

Exterior Amenities Deck

Lot Size Area 0.09

Lot Dimensions 33.40 x 117

Water Features None

Roads City/County Paved Street Year Round

Waterfront Y/N No

Interior

Beds 4

Fireplace? No

Total Number of Units 2

Fuel Type Electric Natural Gas

* Excluded Features

List By

KINGSLEY AGASSI

Listing Agent

Re/Max 1St Realty

Broker

KingsleyAgassi@gmail.com

Affordability Calculator

$996

Per Month

Monthly Principal & Interest: $770
Monthly Property Taxes: $227
Monthly Home Insurance: --

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Yearly Home Insurance

Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Munising, MI

Average List Price ^$125,000

Percent of Sale Price 0%

About Munising, MI

2,440 Population

-7% Since 2002

^$38,907 Median Income

50.71 Median Age

19% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

3701277 Elementary School

3701281 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
5/26/2026	$125,000		Listed Price

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115 chestnut Street, Munising, MI, 49862 is a Multi-Family Home for sale at $125,000 with 1,662 sqft and a lot size of 0.09. 115 chestnut Street has 4 bedrooms, 2.0 baths, and was built in 1890. The property's zip code is 49862 which is in Munising, MI

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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115 chestnut Street

Multi-Family Home for sale in Munising, MI

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