Multi-Family Tri-Plex on 8.31 country acres just 9 miles north of Cadillac in the city of Manton. There are currently three separate apartments, each with their own garage. Units B and C are both 2 bedroom, 1.5 bathroom with approximately 1,150 sq feet in each unit. The first story has kitchen, dining and living rooms are all open to one another. There is a 1/2 bath on the first floor. The second story has 2 bedrooms, full bath, washer and dryer and rear exits from that second story. Unit A is a single story with approximately 416 sq ft with 1 bedroom and 1 bath. All units have covered porches for sitting out and enjoying the nice country scenery. Good, long-standing rental history. Easy commute to Cadillac or Traverse City. Come check out this unique investment property with excellent income potential! Priced well below appraised value!
Multi-familyProperty Type
1998Year Built
8.31 acresLot Size
$337Est. Price/Sq.Ft.
Listed by Sue Whipple• City2Shore Real Estate Northern Michigan
Bought with Jaimie Fellows-Garno• City2Shore Real Estate Northern Michigan
Multi-Family Tri-Plex on 8.31 country acres just 9 miles north of Cadillac in the city of Manton. There are currently three separate apartments, each with their own garage. Units B and C are both 2 bedroom, 1.5 bathroom with approximately 1,150 sq feet in each unit. The first story has kitchen, dining and living rooms are all open to one another. There is a 1/2 bath on the first floor. The second story has 2 bedrooms, full bath, washer and dryer and rear exits from that second story. Unit A is a single story with approximately 416 sq ft with 1 bedroom and 1 bath. All units have covered porches for sitting out and enjoying the nice country scenery. Good, long-standing rental history. Easy commute to Cadillac or Traverse City. Come check out this unique investment property with excellent income potential! Priced well below appraised value!
REALCOMP #78001332698
Apr 15, 2019
Sold
$169,900
$147/sq ft
Feb 24, 2019
Listed
$169,000
$147/sq ft
Public Records
Apr 24, 2017
Sold
$140,000
$122/sq ft
Greater Lansing AoR #1162477
Apr 27, 2017
Listing Removed
—
Apr 27, 2017
Listing Removed
—
Jun 5, 2016
Listed
$154,900
$134/sq ft
REALCOMP #78001162477
Apr 27, 2017
Listing Removed
—
Jun 5, 2016
Listed
$154,900
$134/sq ft
REALCOMP #78001332630
Apr 24, 2017
Sold
$140,000
$122/sq ft
Jun 5, 2016
Listed
$154,900
$134/sq ft
Public Records
Jan 15, 1994
Sold
$29,700
$26/sq ft
Public Records
Jan 10, 1994
Sold
$12,000
$10/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$4,524 (+2.9%)
2024
$4,398 (+80.2%)
2023
$2,441 (+5.0%)
2022
$2,325 (−0.3%)
2021
$2,333 (−2.6%)
2020
$2,394 (+10.8%)
2019
$2,160
Tax history for 9264 E 18 Rd
Year
Property tax
Land + Additions
Assessment*
2025
$4,524 (+2.9%)
2024
$4,398 (+80.2%)
2023
$2,441 (+5.0%)
2022
$2,325 (−0.3%)
2021
$2,333 (−2.6%)
2020
$2,394 (+10.8%)
2019
$2,160
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.