Off market mar 2026 for $65K

$165,577

Est. refi paymentEst. refi $434/mo

•

1,076

sq ft

515 E Prospect St, Munising, MI 49862

About this home

Located on a spacious 2.5-lot parcel in downtown Munising, this 3-bedroom, 2-bath home offers comfort, convenience, and room to grow. Enjoy a new roof (2024), newer washer and dryer, and an oversized garage tucked into the generous side yard—perfect for storage, parking, or projects. Just steps from shops, dining, and Lake Superior, this property is a rare blend of space, location, and long-term potential.

Single-familyProperty Type

1940Year Built

0.25 acresLot Size

$154Est. Price/Sq.Ft.

Listed by AMY SCHIEDING • RE/MAX SUPERIORLAND

•906-387-4530 (broker)

•amys@remax.net (broker)

Bought with JAMES LILLY • NEXTHOME SUPERIOR LIVING

•906-214-4267 (broker)

•ben@argallrealestate.com (broker)

Redfin checked: 2 minutes ago

•Source:MiRealSource-MiMLS #50187470

Redfin Estimate

$165,577

$101K since sold in March 2026$0 since October

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 4.8% lower than the average sale price ($174K) of 6 comparable homes.

SOLD SEP 3, 2026
$265,000
A
3 beds2 baths2,295 sq ft
204 Walnut St, Munising, MI 49862
SOLD SEP 30, 2026
$135,000
B
3 beds1 bath2,544 sq ft
604 Cedar St, Munising, MI 49862
SOLD MAY 15, 2026
$160,000
C
3 beds2 baths1,389 sq ft
116 W Varnum St, Munising, MI 49862
SOLD OCT 9, 2026
$170,000
D
2 beds1 bath1,203 sq ft
228 E Chocolay St, Munising, MI 49862
SOLD JUL 8, 2026
$109,000
E
3 beds1 bath1,032 sq ft
1210 M28 Hwy, Munising, MI 49862
SOLD JUN 29, 2026
$205,000
F
3 beds2 baths2,460 sq ft
319 Maple St, Munising, MI 49862

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Refinance

Est. cash available

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Rent

$2,029/mo

Redfin rental estimate

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Market trends in 49862, MI

Last updated October 2026

Buyer's Market

Seller's Market

Balanced market

Sale-to-list price

95.3%

1.9% MoM

Median sale price

$224K

$53K MoM

Avg. days on market

56d

1 days MoM

Recently sold homes

6 MoM

New listings for sale

$239,000
3 beds3 baths1,302 sq ft
710 W Superior St, Munising, MI 49862
(906) 387-2619
$220,000
4 beds1 bath2,413 sq ft
313 Fir St, Munising, MI 49862
(906) 387-4530
$129,900
2 beds1 bath1,796 sq ft
325 & 327 Fir St, Munising, MI 49862
(906) 387-4530
$125,000
3 beds2 baths2,902 sq ft
5343 E M94 Hwy, Munising, MI 49862
(906) 225-5992
See all

Provided by Redfin

Sale history for 515 E Prospect St

Date

Event

Price

MiRealSource-MiMLS #50187470

Mar 24, 2026

Sold

$65,000

$60/sq ft

Mar 5, 2026

Pending

—

Oct 15, 2025

Price Changed

$85,000

$79/sq ft

Sep 5, 2025

Listed

$95,000

$88/sq ft

Sep 5, 2025

Listed

$85,000

$79/sq ft

Public Records

Aug 31, 2023

Sold

$95,000

$88/sq ft

Tax history for 515 E Prospect St

*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.

Public record

Beds

—

Baths

Stories

—

Lot width

—

Lot depth

—

Lot size

0.25 Acres

Year renovated

—

Sq. Ft.

975

Year built

—

Style

Single Family Residential

County

Alger County

APN

051-190-092-00

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Jul 21, 2026.

Property details

Parking

Parking/Garage Information
Garage Dimensions: 16x32
Garage Type: Detached Garage

Interior

Interior Features
Interior Features: None (InteriorFeatures)
Appliances: Dryer, Range/Oven, Refrigerator, Washer

Bedroom Information
First Floor Bedroom
Bedroom 1 Level: Main
Bedroom 1 Dimensions: 9 x 9
Bedroom 2 Level: Second
Bedroom 2 Dimensions: 10 x 12
Bedroom 3 Level: Second
Bedroom 3 Dimensions: W=8

Bathroom Information
Main Floor Full Bathroom
# of Bathrooms (Full): 2
# of Baths/Lavatories (Total): 2
Bath Descriptions: Not Applicable

Bathroom 1 Information
Bathroom 1 Level: First
Bathroom 1 Length: 12
Bathroom 1 Width: 8

Bathroom 2 Information
Bathroom 2 Level: Second
Bathroom 2 Length: 10
Bathroom 2 Width: 7

Dining/Kitchen Information
Kitchen Level: Main
Kitchen Dimension: 12 x 9
Dining Room Level: Main
Dining Room Dimension: 16 x 10

Library/Den/Living Room Information
Living Room Level: Main
Living Room Dimensions: 14 x 15

Laundry/Basement Information
Basement Type: None (Basement)

Exterior

Exterior Features
Exterior Construction: Hard Board
Exterior Features: None (ExteriorFeatures)
Foundation Type: Crawl

Property Features
Water Features: None
Frontage Type: Road
Accessibility Features: Main Floor Laundry

Property Information
Out Buildings: None (OtherStructures)
Property Type: Residential
Property Type: Residential
Structure Style: 1 1/2 Story
Year Built: 1940
Below Grade Sq. Ft.: 0
Below Grade Sq. Ft. (Finished): 0

Lot Information
SHORELINE: Not Applicable
SITE/LOT FEATURES: Main Street, Platted, City Limits
Lot Size: 99,130
Zoning: Residential

Land Information
Land Contract: No
Acreage: 0.25
Roads: City/County, Paved Street, Year Round
Frontage: 83

Financial

Tax/Assessments Information
Total Tax Year: 2024
Total Tax Amount: $2,016
Summer Tax Year: 2025
Summer Tax Amount: $1,816
Winter Tax Year: 2024
Winter Tax Amount: $200

Utilities

Utility Information
UTILITIES: Cable Available, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected
Heat/Fuel Type: Natural Gas
Water Heater: Gas
Water: Public Water
Cooling System: Ceiling Fan(S)
Heating System: Space Heater
Sewer Septic: Public Sanitary

Location

Unit 5 Information
Living Room Dimensions: L=1076

School Information
School District: Munising Public Schools
School District: Munising Public Schools

Address Information
Street Designation: Street

Location Details
At Ski Resort Y/N: No
Directions: M28 to downtown Munising, Turn Left onto Brook St, then Right onto prospect St. Property on the Right.
Municipality Type: City
Municipality: Munising
Mail City: Munising
Subdivision: Island View Add
Municipality: Munising
Area (Municipality): Munising (02012)

Public facts

Beds: —
Baths: 2.0
Sq. Ft.: 975
Stories: —
Lot Size: 0.25 acres
Style: Single Family Residential
Year Built: —
Year Renovated: —
County: Alger County
APN: 051-190-092-00

Home facts updated by county records on Jul 21, 2026

Other

Listing Data
SPECIAL LISTING CONDITION: Standard

Listing Information
Originating MLS: Upper Peninsula Assoc of Realtor
No

Around this home

Schools

William G. Mather Elementary School

Public PreK-5 • Assigned • 0.4mi

6/10

Munising High And Middle School

Public 6-12 • Assigned • 1.1mi

5/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Climate risks

1/10 Flood Factor

Minimal risk of a flood reaching the building in the next 30 years

1/10 Fire Factor

Unlikely to be in a wildfire in next 30 years

1/10 Heat Factor

7 days above 90° expected this year, 12 days in 30 years

1/10 Wind Factor

Minimal risk of severe winds over next 30 years

1/10 Air Factor

0 unhealthy days expected this year, 0 days in 30 years

Provided by First Street

Historical weather

Munising, MI • 49862

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

In this area, properties receive around 9.2 hours in June and 2.3 hours in December, placing it below the U.S. average for solar exposure.

9.2 hrs

2.3 hrs

JuneDecember

Provided by Shadowmap

Is this your home?

Track this home’s value and nearby sales activity

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New listings for sale in 49862

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Home values near 515 E Prospect St

Data from public records.

Address	Redfin Estimate
504 Prospect St, Munising, MI 3 Beds \| 1.5 Baths \| 1224 Sq. Ft.	$163,280
508 Prospect St, Munising, MI 3 Beds \| 2 Baths \| 1141 Sq. Ft.	$205,155

Address	Redfin Estimate
512 Prospect St, Munising, MI 3 Beds \| 1 Baths \| 998 Sq. Ft.	$119,422
514 Prospect St, Munising, MI - Beds \| 2 Baths \| 790 Sq. Ft.	$134,772

Address	Redfin Estimate
512 Prospect St, Munising, MI 3 Beds \| 1 Baths \| 998 Sq. Ft.	—
504 Prospect St, Munising, MI 3 Beds \| 1.5 Baths \| 1224 Sq. Ft.	$168,839

Property information provided by MiRealSource-MiMLS when last listed in 2025. This data may not match . Learn more.

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