MLS # 25060461 (Michigan Regional Information Center (MichRIC))

Historic Multi-Unit Property Overlooking Manistee Lake. Discover an exceptional investment opportunity in this historic building ideally positioned with stunning views of Manistee Lake & just a short walk to vibrant downtown Manistee. With the potential for four income-producing apartments, this property offers immediate revenue, future growth, & a highly desirable location.Apartment A-Lower-level walkout space ready for development—create a new rental unit, owner's suite, or additional Airbnb potential. Apartment B-Currently operating as a successful turn-key Airbnb, fully furnished & ready to continue generating short-term rental income from day one. Apartments C & D-Both units have wonderful long-term renters in place, providing stable, consistent income.Additional features include assigned off-street parking, charming historic character throughout, & unbeatable proximity to Lake Michigan beaches, local shops, restaurants, & Manistee Riverwalk.
Source: SparkMLS
Closed at $309,000.
Estimated annual property tax: $3,520, or about $293 monthly. Estimate is based on county assessor records and current millage rates; actual tax may vary with PRE status and recent assessment changes.
Broadband is available with download speeds up to 1,000 Mbps from 7 providers. Electric service is provided by Consumers Energy Company; natural gas by DTE Gas Company.
Location
Construction & Systems
Sale & Financing
Source: SparkMLS
Source: Public Records
Legal Description
PT GOVT LOT 2 COM 2 RDS E + 2 RDS S OF CEN LINES SIBBEN + 1ST ST, E 8 RDS, S 8 RDS, W 8 RDS, N 8 RDS TO POB EXC S 50 FT. .25 A*M/L SEC 12 T21N R17W. ____P.ADDR: 101 SIBBEN ST. APTS SALE(77) 2354 0469 (78) 290 1361 0710 (87) 40 3494 0936 (98) 595 16 92 0193 (01) 750 1751 0683
FEMA Flood Zone: Zone X — Minimal flood risk
Source: FEMA NFHLUSDA Rural Development: Eligible — 0% Down Payment Available
Verify eligibility at USDAListed by Virginia M Pelton
CENTURY 21 Northland
Municipality: City of Manistee
School district: MANISTEE AREA PUBLIC SCHOOLS
County: Manistee
Estimate based on SEV for a new buyer (taxable value resets to SEV on transfer). Actual taxes may vary. MI Treasury PT Estimator
Estimate only. Does not include PMI or other fees. Consult a lender for exact rates.
Download
1 Gbps
Upload
35 Mbps
FCC Broadband Data Collection (Dec 2025). Max advertised speeds.
Consumers Energy Company
Investor-Owned
DTE Gas Company
Investor-Owned
MI Public Service Commission service territory boundaries.
Property
101 Sibben Street, Manistee, MI 49660
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Municipality
Manistee
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