115 Chestnut St, Munising, MI 49862
FOR SALE

115 Chestnut St
Munising, MI 49862

  • 4 Beds
  • 2 Baths
  • 1,662 sqft

$125,000

Est. Mortgage $809/mo*

$125,000

Est. Mortgage $809/mo*
4 Beds
2 Baths
1,662 sqft
We estimate this home will sell faster than 93% nearby.

Local Information

Map showing home location
© Google
-- mins to
Commute Destination

Description

Duplex in the heart of Munising! Live in one unit and rent out the other or a potential cash flow opportunity. Buy it with 113 Chestnut! The 4 beds, 2 bathrooms, are split between the upper and lower unit. The upstairs unit is well maintained with natural lighting. The living room is central and spacious. Parking is available in the back off the alley and is shared with 113 Chestnut. The lower unit also has 2 bedrooms. The opportunity to create equity with renovating and updating the space is here. Both units pull a positive cash flow and it's worth taking a look to see if this would be a good fit for someone looking to get into a home and pay part of their mortgage or looking to add a rental to their portfolio in this idyllic Lake Superior town.
We estimate this home will sell faster than 93% nearby.

Home Highlights

Parking
Garage
Outdoor
Deck
A/C
Heating only
HOA
None
Price/Sqft
$75
Listed
5 days ago

Home Details for 115 Chestnut St

Interior Features

Beds & Baths
Number of Bedrooms: 4Number of Bathrooms: 2Number of Bathrooms (full): 2
Dimensions and Layout
Living Area: 1662 Square Feet
Appliances & Utilities
Utilities: Electricity Connected, Natural Gas ConnectedAppliances: Range/Oven, Electric Water Heater
Heating & Cooling
Heating: Forced AirHas HeatingHeating Fuel: Forced Air
Fireplace & Spa
No Fireplace
Gas & Electric
Electric: 100 Amp ServiceGas: Natural Gas
Levels, Entrance, & Accessibility
Stories: 2Levels: Two

Exterior Features

Exterior Home Features
Patio / Porch: DeckFoundation: Slab
Parking & Garage
No CarportHas a GarageNo Attached GarageNo Open ParkingParking Spaces: 3Parking: 3 or More Spaces,Garage
Frontage
Waterfront: NoneRoad Frontage: City/County, Year RoundRoad Surface Type: PavedNot on Waterfront
Water & Sewer
Sewer: Public Sanitary

Days on Market

Cumulative Days on Market: 24Days on Market: 5

Property Information

Year Built
Year Built: 1890
Property Type / Style
Property Type: Residential IncomeProperty Subtype: Multi FamilyStructure Type: 1 to 4 UnitsArchitecture: Conventional Frame
Building
Construction Materials: Vinyl Siding
Property Information
Parcel Number: 0205115201000

Price & Status

Price
List Price: $125,000Price Per Sqft: $75
Status Change & Dates
Possession Timing: Subject To Tenant Rights

Active Status

MLS Status: Active

Location

Direction & Address
City: MunisingCommunity: N.A
School Information
Elementary School District: Munising Public SchoolsJr High / Middle School District: Munising Public SchoolsHigh School District: Munising Public Schools

Agent Information

Listing Agent
Listing ID: 50208888

Building

Building Area
Building Area: 1662 Square Feet

HOA

Association for this Listing: Upper Peninsula Assoc of Realtors

Lot Information

Lot Area: 3920.4 sqft

Offer

Listing Agreement Type: Exclusive Right To SellListing Terms: Cash, Conventional

Rental Terms, Policies & Fees

Rent Includes: Electricity, Gas, Heat Included, WaterOwner Pays: Electricity, Gas, Taxes, Water/Sewer

Miscellaneous

Mls Number: 50208888

Additional Information

Source Internet Entire Listing Display
Last check for updates: about 12 hours ago
Listing courtesy of KINGSLEY AGASSI, (906) 204-5282
RE/MAX 1ST REALTY, (906) 225-1136
Originating MLS: Upper Peninsula Assoc of Realtors
Source: MiRealSource, MLS#50208888

Price History for 115 Chestnut St

DatePriceEventSource
05/26/2026$125,000Listed For SaleMiRealSource #50208888
09/02/2025$129,000ListingRemovedUpper Peninsula AOR #50163769
04/07/2025$129,000PriceChange
Upper Peninsula AOR #50163769
03/07/2025$134,000Listed For SaleUpper Peninsula AOR #50163769
02/06/2025$134,000ListingRemovedUpper Peninsula AOR #50163769
01/02/2025$134,000Listed For SaleUpper Peninsula AOR #50163769
02/06/2024$134,900ListingRemovedUpper Peninsula AOR #50127055
11/06/2023$134,900Listed For SaleUpper Peninsula AOR #50127055
05/27/2023$134,900ListingRemovedUpper Peninsula AOR #50101852
05/23/2023$134,900PriceChange
Upper Peninsula AOR #50101852
04/12/2023$137,900PendingToActiveUpper Peninsula AOR #50101852
04/10/2023$137,900PendingUpper Peninsula AOR #50101852
02/20/2023$137,900Listed For SaleUpper Peninsula AOR #50101852
03/24/2021ListingRemovedN/A
02/25/2020$40,000Sold
N/A
01/10/2020$45,000Listed For SaleN/A
04/09/2015$39,000ListingRemovedAgent Provided
07/29/2014$39,000Listed For SaleN/A
10/01/2013$39,900ListingRemovedAgent Provided
07/31/2013$39,900PriceChange
Agent Provided
04/05/2013$44,900Listed For SaleAgent Provided

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Assigned Schools

These are the assigned schools for 115 Chestnut St.

What Locals Say about Munising

At least 2 Trulia users voted on each feature.
  • 100 % Say yards are well-kept

  • 89 % Say it's walkable to restaurants

  • 86 % Say kids play outside

  • 83 % Say people would walk alone at night

  • 71 % Say it's quiet

  • 70 % Say there are sidewalks

  • 67 % Say there's holiday spirit

  • 63 % Say car is needed

  • 60 % Say it's walkable to grocery stores

  • 60 % Say parking is easy

  • 57 % Say it's dog friendly

  • 50 % Say there's wildlife

  • 50 % Say they plan to stay for at least 5 years

  • 42 % Say neighbors are friendly

  • 20 % Say there are community events

Sourced by Trulia users. Learn more about our methodology.
  • Trulia User
    "It's a tourist town. Not all jobs are available all year round. some close in between winter and fall, and winter and spring. There isn't a lot of housing here either, because the people that own homes, get permits to rent their rentals to the tourists, for a day or week at a time, for more money for the rental."
  • Shaunelmhamilton
    "We have the Pictured Rocks National Lakeshore, and several waterfalls, and some lighthouses. We also have boat rides including the Pictured Rocks Boat Cruise, the Glassbottom Shipwreck Cruise, the Riptide Boat Cruise and a newer Pirate Cruise. Also have golf, miniature golf, bowling and Kewadin Casino in Christmas, MI."
  • Corey C.
    "Brownsaddition is a great neighborhood! House is close to Munising Bay marina, Hero's Baseball Field, Hillside Grocery, Muldoon's Pasty, Glass Bottom Boat Tours, and pontoon/kayak rentals. "

LGBTQ Local Legal Protections

KINGSLEY AGASSI, RE/MAX 1ST REALTY, (906) 225-1136
Agent Phone: (906) 204-5282
Source MLS: MiRealSource Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource.
The information published and disseminated by MiRealSource is communicated verbatim, without change by MiRealSource, as filed with MiRealSource by its members. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.
Copyright 2026 MiRealSource. All rights reserved. The information provided hereby constitutes proprietary information of MiRealSource, Inc. and its shareholders, affiliates and licensees and may not be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopy, recording, scanning or any information storage and retrieval system, without written permission from MiRealSource, Inc. Click here for more information
115 Chestnut St, Munising, MI 49862 is a 4 bedroom, 2 bathroom, 1,662 sqft multi-family built in 1890. This property is currently available for sale and was listed by MiRealSource on May 26, 2026. The MLS # for this home is MLS# 50208888.