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$875,000

  • For Sale
  • Active
  • Single Family
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Well-located 5-unit close to downtown and services. Four units renovated (new electric, drywall, flooring); two new water-heater pumps; parking lot sealed/striped; roof ~5 years old. In-place rent ~$8,100/mo with a mix of renovated and durable finishes. City utilities. Large lot with on-site parking and green space. Attractive cash flow today with upside on future turns and light exterior enhancements.

Full Property Details for 138 E Sheridan St

General

  • Price: $875,000
  • Taxes: $12,200
  • Status: Active
  • Type: Single Family
  • Source: SWMRIC_MLS
  • MLS ID: 26003305
  • Updated: 1/28/2026
  • Added to Site: 19 day(s) ago

Rooms

Other Rooms

  • Laundry: Common Area, Laundry Closet

Parking

  • Total Spaces: 8

Location

  • County: Emmet
  • Cross Streets: Emmet & Sheridan

Heating & Cooling

  • Cooling Type: None
  • Heating Type: Forced Air

Utilities

  • Sewer: Public Sewer
  • Utility Description: Natural Gas Available, Electricity Available, Natural Gas Connected, Electricity Connected

Structural Information

  • # Buildings: 1
  • Construction: Vinyl Siding
  • Basement: Yes
  • Roof: Composition
  • Year Built: 1900

Lot Features

  • Lot Size (Acres): 3.43
  • Lot Size (Sq. Ft.): 149,411
  • Lot Dimensions: 153 x 82.5
  • Frontage: Paved

Financial Considerations

  • Tax Amount: $12,200
  • Terms: FHA, Cash, Conventional
  • Landlord Pays: Trash Collection, Electricity, Water, Sewer, Gas
  • Tenant Pays: None

Disclosures and Reports

  • Legal Description: MARTIN KIRWAN'S ADD. LOT 3 BLK 2, ALSO E 44 FT OF LOT 5 BLK 2 ALSO W 15 FT OF LOT 10 BLK 2. SECTION 6, T34N, R5W.
  • Property ID: 52-19-06-477-001

Listed by Van Treese Management LLC, Christopher Skrobeck

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Listing agent

— 138 E Sheridan St —

  • Christopher Skrobeck

    Van Treese Management LLC

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Schools serving 138 E Sheridan St

School District:Petoskey Public Schools
NameGradesDistance
Sheridan School
1415 Howard Street, Petoskey, MI 49770
K-50.3 mi
Central Elementary School, Petoskey, MI
410 State Street, Petoskey, MI 49770
K-50.5 mi
Lincoln School, Petoskey, MI
616 Connable Avenue, Petoskey, MI 49770
K-50.6 mi
Petoskey Middle School
801 Northmen Drive, Petoskey, MI 49770
6-81.4 mi
Petoskey High School
1500 Hill Street, Petoskey, MI 49770
9-121.2 mi
Ottawa Elementary School, Petoskey, MI
871 Kalamazoo Avenue, Petoskey, MI 49770
K-50.8 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 138 E Sheridan St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
1/28/2026
Listed
$875,000
-62.67%
MLS
4/19/2024
Sold
$2,343,750
—
Public Record
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Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Listed by Van Treese Management LLC, Christopher Skrobeck

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138 E Sheridan Street, Petoskey, MI 49770 (MLS# 26003305) is a Single Family property with 0 bedrooms and 0 full bathrooms. 138 E Sheridan Street is currently listed for $875,000 and was received on January 28, 2026. Want to learn more about 138 E Sheridan Street? Do you have questions about finding other Single Family real estate for sale in Petoskey? You can browse all Petoskey real estate or contact a Coldwell Banker agent to request more information.

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