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$850,000

  • For Sale
  • Active
  • Single Family
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Classic, well-maintained 6-unit multifamily in a walkable Petoskey neighborhood near downtown, schools, and employment. Mix of renovated units with durable finishes; exterior paint, porch rebuild, foundation work, breezeway update, and other recent upgrades. In-place rent ~$8,150/mo with stable tenancy. City utilities. Clean common areas, covered front porch, and landscaped grounds. Strong rental history with opportunity to continue interior refresh program and capture market rent on renewals/turns.

Full Property Details for 524 State St

General

  • Price: $850,000
  • Taxes: $15,500
  • Status: Active
  • Type: Single Family
  • Source: SWMRIC_MLS
  • MLS ID: 26003300
  • Updated: 1/28/2026
  • Added to Site: 19 day(s) ago

Rooms

Other Rooms

  • Laundry: None

Location

  • County: Emmet
  • Cross Streets: Waukazoo & Woodland

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, Cable Connected

Structural Information

  • # Buildings: 1
  • Construction: Wood Siding, Other
  • Basement: Yes
  • Roof: Composition
  • Year Built: 1900

Lot Features

  • Lot Size (Acres): 0.16
  • Lot Size (Sq. Ft.): 7,120
  • Lot Dimensions: 50 x 145
  • Frontage: Paved

Financial Considerations

  • Tax Amount: $15,500
  • Terms: FHA, Cash, Conventional
  • Landlord Pays: Trash Collection, Electricity, Water, Sewer, Gas
  • Tenant Pays: None

Disclosures and Reports

  • Legal Description: VILLAGE OF PETOSKEY CITY LOT 6 BLK 6. SECTION 5, T34N, R5W.
  • Property ID: 52-19-05-100-090

Listed by Van Treese Management LLC, Christopher Skrobeck

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Listing agent

— 524 State St —

  • Christopher Skrobeck

    Van Treese Management LLC

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NMLS#: 1598647

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NMLS#: 1598647

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with our affiliated in-house agency

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Save up to an additional 20% by bundling your home and auto together!

Schools serving 524 State St

School District:Petoskey Public Schools
NameGradesDistance
Central Elementary School, Petoskey, MI
410 State Street, Petoskey, MI 49770
K-50.2 mi
Ottawa Elementary School, Petoskey, MI
871 Kalamazoo Avenue, Petoskey, MI 49770
K-50.5 mi
Sheridan School
1415 Howard Street, Petoskey, MI 49770
K-50.6 mi
Petoskey Middle School
801 Northmen Drive, Petoskey, MI 49770
6-81 mi
Petoskey High School
1500 Hill Street, Petoskey, MI 49770
9-120.8 mi
Lincoln School, Petoskey, MI
616 Connable Avenue, Petoskey, MI 49770
K-50.9 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 524 State St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
1/28/2026
Listed
$850,000
-63.73%
MLS
4/19/2024
Sold
$2,343,750
—
Public Record
Get Price Alerts and Save Property
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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NMLS#: 1598647

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Listed by Van Treese Management LLC, Christopher Skrobeck

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524 State Street, Petoskey, MI 49770 (MLS# 26003300) is a Single Family property with 0 bedrooms and 0 full bathrooms. 524 State Street is currently listed for $850,000 and was received on January 28, 2026. Want to learn more about 524 State 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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