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$245,000 Just Listed
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Property Description
Incredible opportunity is located in the beautiful downtown historic district. So much potential, 4 rental units, 3 stories, generating income of $2190 per month. All tenants on a mo to mo basis. EXCELLENT rental history!! 1st floor is currently Retail Commercial property & boasts 2200+sq', Ideal location for any retail business or many other options. 3 Residential Rentals, 2 on the 2nd floor & 1 on the 3rd floor. Front unit overlooks the Bay of Green Bay, is 2 BR w/1136sq', Back unit is a 1 BR w/700sq', 3rd floor is 1 BR w/795sq', designated tenant parking, coin op laundry w/50/50 split with leasing co. Retail Business is also available for $30K & includes fixtures, equip, inventory, estab. client base. Established business 20+ yrs. Total Package $275,000Call Today!
Full Property Details
Full Property Details for 511 1st St
General
- Price: $245,000
- Taxes: $5,324 (2025)
- Status: Active
- Type: Apartment
- Source: MetroMLS_Milwaukee_Wirex
- MLS ID: 1954889
- Updated: 3/23/2026
- Added to Site: Today
Parking
- Uncovered Spaces: 5
- Parking Features: Outdoor Space
Location
- County: Menominee (MI)
- Driving Directions: Downtown Menominee
School Information
- School District: Menominee Area (MI)
Heating & Cooling
- Heating/Cooling: Central Air Conditioning, Natural Gas
Utilities
- Water/Sewer: Municipal Sewer, Municipal Water
Structural Information
- Architectural Style: Apartment Building
- Exterior Const.: Brick, Other, Stone
- Basement Desc.: Full
- Stories Description: 3 to 4 Stories
- Year Built: 1890
Unit Information
Unit 1
- Unit Description: 2 Bedrooms, Air Conditioning, Cable TV Available, Range/Oven, Refrigerator
- Square Feet: 1001 to 12
Unit 2
- Unit Description: 1 Bath, 1 Bedroom, Air Conditioning, Cable TV Available, Living Room, Refrigerator
- Square Feet: 750 or Les
Unit 3
- Unit Description: 1 Bath, 1 Bedroom, Air Conditioning, Cable TV Available, Living Room, Range/Oven, Refrigerator
- Square Feet: 750 or Les
Unit 4
- Square Feet: 2001 to 25
Lot Features
- Lot Size (Acres): 0.06
- Zoning: Local Shopping
Financial Considerations
- Tax Amount: $5,324.38
- Tax Year: 2025
Listed by JD 1st Real Estate, Inc.
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Schools
Schools serving 511 1st St
School District:Menominee Area Public Schools
| Name | Grades | Distance |
|---|---|---|
Blesch Intermediate School 1200 11th Avenue, Menominee, MI 49858 | 3-6 | 0.8 mi |
Central Elementary School, Menominee, MI 1800 18th Avenue, Menominee, MI 49858 | K-2 | 1.4 mi |
Menominee Jr High School 2101 18th Street, Menominee, MI 49858 | 7-8 | 1.5 mi |
Menominee High School 2101 18th Street, Menominee, MI 49858 | 9-12 | 1.5 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 511 1st St
Date
Details
Price
Change
Source
3/23/2026
Listed
$245,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 511 1st St
Year
Property Taxes
Change
Tax Assessment
Change
2024
$5,031
5%
$92,300
-4%
2024
$4,780
—
$95,700
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 511 1st St
511 1st St, Menominee, MI 49858 (MLS# 1954889) is a Apartment property with 0 bedrooms and 0 full bathrooms. 511 1st St is currently listed for $245,000 and was received on March 23, 2026. Want to learn more about 511 1st St? Do you have questions about finding other Apartment real estate for sale in Menominee? You can browse all Menominee real estate or contact a Coldwell Banker agent to request more information.

