351 W Main Street Vanderbilt, MI $ 185,900
351 W Main Street
$ 185,900
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351 W Main Street

Vanderbilt, MI, 49795
$ 185,900
Baths3.0 Sq 2,000

Monthly Estimate*

$ 1,145

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Studio

Multi-Family Home for sale in Vanderbilt, MI

for $185,900 with 3 full baths. This 2,000 square foot home was built in 1986 on a lot size of 0.19.

Multi-unit investment opportunity in Vanderbilt, just minutes from Gaylord and nearby hospital access. This property offers flexible rental potential with three units and is well-positioned for furnished mid-term rental use, including traveling nurses and short-term tenants. Seller reports strong demand through Furnished Finder and is currently transitioning the property toward fully furnished rentals. One unit is currently occupied at $1,600/month, while the other units are expected to be vacant. Seller projects higher rental potential during the summer season when operated as furnished units. Recent improvements include a newer roof, rebuilt exterior wall section, updated flooring, refinished walls, insulated roof work, recessed lighting, and two solar vents added to help with prior ice dam concerns. The property includes a well, brand-new septic system, multiple storage buildings, a 12x10 outbuilding with loft, furnishings, rugs, décor, picnic table, firepit, lawnmower, and additional materials the seller may leave with the sale. Exterior cleanup and finishing touches are still needed, but much of the setup is already in place for someone looking to operate furnished rentals in a resort-area market.

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Multi-Family Active

Price

$ 185,900

Bedrooms

Studio

Full Bath

3

Property Type

Multi-Family

Taxes

$ 2,493

Style

MultiFamily

Lot Size

0.19

Year Built

1986

Town/City

Vanderbilt

County/Region

Otsego

MLS | Web ID

61050209253

Features
Interior
Interior Amenities HighSpeedInternet LaundryFacility
Basement Block
Furnished Y/N Furnished
Basement (Y/N) Y
Air Conditioning Y/N Y
Heating Y/N Y
Fireplace Y/N N
Above Grade Finished Area 2000.0
Total Bedrooms 5
Above Grade Finished Area Source PublicRecords
Above Grade Finished Area Unit Type SquareFeet
Total Baths 3
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General
Sewer SepticTank
Heating NaturalGas WallFurnace
Cooling CeilingFans WallWindowUnits
Possession AtClose
Appliances Oven Refrigerator Range Washer
Garage Spaces 0.0
Patio/Porch Features Porch
Construction Materials WoodSiding
Year Built 1986
Levels Two
Property Subtype MultiFamily
County Otsego
New Construction N
Property Type ResidentialIncome
Association Amenities Laundry
HOA N
Attached Garage N
Subdivision Name BERRYS ADD TO VILLAGE OF VANDERBILT
Garage Y/N N
Rent Includes Water
Full Baths 3
Status Active
City VanderbiltVillage_Otsego
Disclosures TaxesNotHomesteadExempt
Senior Community Y/N N
High School District Vanderbilt
Number Of Units Total 3
MLS Area Area69012VanderbiltVlg
Carport Y/N N
Land Lease Y/N N
Tax Annual Amount 2493.0
Home Warranty Y/N N
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Standard Status Active
Legal Description LOT 197 & E 1/2 OF LOT 269 BERRYS ADDITION VILLAGE OF VANDERBILT. SEC 22 & 27 T32N R3W.
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Exterior
Water Source Well
Foundation Details Basement Block
Spa N
Lot Dimensions 8276
Lot Size Acres 0.19
Waterfront Y/N N
Crops Included Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Internal Only
Street Number 1 351
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* Excluded Features
List By
Troy Schearer

Listing Agent

Jpar - Great Lakes Bay Region

Broker

(989) 708-2430

Phone

Affordability Calculator

$1,352
Per Month
85%
15%
0%
Monthly Principal & Interest
$1,145
Monthly Property Taxes
$208
Monthly 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
5477495 Elementary School
5477496 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
5/28/2026$185,900 Listed Price

Map


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351 W Main Street, Vanderbilt, MI, 49795 is a Multi-Family Home for sale at $185,900 with 2,000 sqft and a lot size of 0.19. 351 W Main Street is a studio with 3.0 baths and was built in 1986. The property's zip code is 49795 which is in Vanderbilt, MI