Off Market1603d on marketHistoric · 156 yrs
516 W Main St
Manchester, MI, 48158 • 48158 • Washtenaw County
$292,900
$93/sqft
3,148Sqft
0.61 acLot
1870Built
Property DNA
Character Home
Built 1870 · 156 years of history
Market activity
Demand and pricing signals for this listing
4 views
People checking out this listing
1603 days on market
Established listing
$93/sqft
Price per square foot
About this home
Multi Family · Built 1870 · Historic
Exclusively listed by Pat Fielder of Keller Williams Ann Arbor. Just a stones throw from Parks, Shopping, Dining and the picturesque Raisin River, this lovely Manchester property not only entrances you with its historic details but pleases your wallet with its income potential! This 3148 sq foot Brick Italianate has transformed over the years into a 3-unit rental with tremendous cash flow for any buyer. You'll find a freshly remodeled 2-bedroom unit with 10-foot ceilings, stunning windows, and loads of character that is ready for a new owner or new tenant. Upstairs also hosts a large 2-bedroom, rented unit. The roomy 3-bedroom unit, also rented, has its own deck access and a gorgeous bay window. On just over a half-acre lot, the 2 car garage and wide driveway allow for ample parking for all tenants and their guests. There are separate electrical/gas/cable for each unit. Whether you want to Invest, live in, or renovate this Historic gem back to a single-family dwelling, THIS notable property creates opportunity!
Estimated monthly payment
Based on current rates
$1,837/month
Principal & Interest$1,447
Property Tax$293
Insurance$98
Down payment20% ($58,580)
3%50%
Est. 6.28% rate · 30yr fixed · $234,320 loan
Full calculator →At a glance
Key facts and listing details
TypeMultiFamily
Year Built1870
ParkingNo Data
Property
Home typeMulti Family
Year built1870
Parking & Outdoor
BasementYes
Lot0.61 Acres
Location & Tax
Neighborhood48158
Annual tax$7,514
Parcel161602363012
Features & details
1 category of property features
Interior Features
Laundry
Yes
Listing insights
Market data and value estimates
StatusOff Market
Days on market1603
Est. value$292,900
Est. rent$1,389/mo
Tax rate1.49%
Price/sqft$93
Last sold$225,000
Tour days6
Views4
How are the schools in Manchester?
3 schools rated nearby
Location
Manchester, MI, 48158
Price history
5 events
DateEventPrice$/sqftSource
Dec 6, 2023Listing Removed——MiRealSource
Nov 15, 2021Sold$225,000$71MichRIC
Nov 12, 2021Pending Sale$224,700$71Realcomp II
Oct 25, 2021Contingent$224,700$71AAABOR
Oct 21, 2021Listed For Sale$224,700$71AAABOR
Listing Removed—
Dec 6, 2023•MiRealSource
Sold$225,000
Nov 15, 2021•$71/sqft•MichRIC
Pending Sale$224,700
Nov 12, 2021•$71/sqft•Realcomp II
Contingent$224,700
Oct 25, 2021•$71/sqft•AAABOR
Listed For Sale$224,700
Oct 21, 2021•$71/sqft•AAABOR
Tax history
26 years of records
YearTax paidAssessed value
Apr 7, 2025$7,514$131,000
Apr 7, 2024—$126,100
Apr 7, 2023—$112,650
Apr 7, 2022—$104,850
Apr 7, 2021—$96,900
Apr 7, 2020$4,170$94,900
Apr 7, 2019—$92,050
Apr 7, 2018—$86,800
Apr 7, 2017—$85,800
Apr 7, 2016—$76,166
Apr 7, 2015—$75,939
Apr 7, 2014—$73,567
Apr 7, 2013—$73,567
Apr 7, 2012—$71,843
Apr 7, 2011—$69,955
Apr 7, 2010—$68,786
Apr 7, 2009—$68,993
Apr 7, 2008—$66,086
Apr 7, 2007—$64,601
Apr 7, 2005—$104,400
Apr 7, 2004—$102,900
Apr 7, 2003—$101,000
Apr 7, 2002$3,323$68,400
Apr 7, 2001$2,194$63,800
Apr 7, 2000—$63,800
Apr 7, 1999$2,023$59,900
Nearby homes
Neighborhood details
Local context around this listing
Manchester, MI • Washtenaw County
Nearby cities
Ann ArborChelseaDexterNorthvillePlymouthSalineSouth LyonSuperior
Nearby zip codes
48158
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