388 3rd St
Manistee, MI 49660
- Studio
- 1,900 sqft
Studio
1,900 sqft
Local Information
-- mins to
Home Highlights
Property Type
Multi-Family
Year Built
1900
Living Area
1,900 sqft
Price/Sqft
$127
About this House
Well-maintained 3 unit rental property in a great location. Rental income totals $2,050 a month. Close to all city amenities, downtown, beaches, riverwalk, stores. Located on a small lot for minimal yard maintenance. Property was a single-family home years ago, and was converted into 3 units (a 2 bedroom on the main level, and two 1 bedroom apartments upstairs). New roof in 2015. Many updates in the last 5-7 yrs including soffit, facia, painting, carpeting, linoleum, back deck and front porch. Added bonus, off street parking. Occupy the lower larger unit and rent the others to pay your costs! Owner pays Water for all units, and Unit 3's energy bill (DTE). The water bill is about $75 and the gas bill for unit 3 is about $20. Units 2-3 pay their own gas. All Tenants pay their own
388 3rd St, Manistee, MI 49660 is a studio, 1,900 sqft multi-family built in 1900. It last sold for $175,000 on Aug 23, 2021. It is currently off market. The Trulia Estimate is $240,400, with a rent estimate of $1,207/month.
Home Details for 388 3rd St
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Heating & Cooling Heating: Forced Air, GasHeating Fuel: Forced Air |
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Exterior Home Features Roof: CompositionExterior: Other |
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Year Built Year Built: 1900 |
Property Type / Style Property Type: Multi FamilyArchitecture: Other |
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Units in Building: 3 |
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Lot Area: 4791 sqft |
Price History for 388 3rd St
| Date | Price | Event | Source |
|---|---|---|---|
| 08/30/2021 | ListingRemoved | RE/MAX of Michigan | |
| 08/27/2021 | $175,000 | PendingToActive | RE/MAX of Michigan #21032448 |
| 08/26/2021 | $175,000 | Pending | AAABOR #M21032448 |
| 08/23/2021 | $175,000 | Sold | MichRIC #21032448 |
| 07/15/2021 | $175,000 | PendingToActive | RE/MAX of Michigan #21032448 |
| 07/15/2021 | $175,000 | Contingent | Realcomp II #67021032448 |
| 07/15/2021 | $175,000 | Listed For Sale | MichRIC #21032448 |
| 12/06/2019 | $130,000 | Sold | NGLRMLS #1868674 |
| 12/05/2019 | $129,900 | Pending | Agent Provided |
| 10/20/2019 | $129,900 | Listed For Sale | Agent Provided |
| 06/26/2016 | $79,900 | ListingRemoved | Agent Provided |
| 06/26/2015 | $79,900 | PriceChange | Agent Provided |
| 06/25/2015 | $89,900 | Listed For Sale | Agent Provided |
| 12/30/2014 | $79,900 | ListingRemoved | Agent Provided |
| 01/09/2013 | $79,900 | Listed For Sale | Agent Provided |
Market trends in Manistee
Last updated June 2026
Avg. sale price
—
Sale-to-List Price
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Price per sq ft
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Available listings
79
3MoM
Property Tax and Assessment
| Year | 2025 |
|---|---|
| Tax | $4,720 |
| Assessment | $214,800 |
Home facts updated by county records
Comparable Sales for 388 3rd St
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.15 | Multi-Family Home | $199,900 | 02/13/26 | 5 | 2 | 2,530 | |
0.20 | Multi-Family Home | $152,000 | 02/27/26 | 3 | 2 | 2,100 | |
0.54 | Multi-Family Home | $228,000 | 07/06/26 | 3 | 3 | 1,606 | |
0.19 | Multi-Family Home | $397,500 | 03/13/26 | 5 | 2 | - | |
0.33 | Multi-Family Home | $140,000 | 06/05/26 | 4 | 3 | - | |
0.69 | Multi-Family Home | $62,000 | 08/15/25 | 5 | 2 | 2,389 | |
0.46 | Multi-Family Home | $309,000 | 02/13/26 | 4 | 3 | - | |
1.25 | Multi-Family Home | $228,000 | 03/31/26 | 1 | 3 | 1,944 |
Nearby homes
Get a sense of prices in the area by checking nearby homes.Assigned Schools
These are the assigned schools for 388 3rd St.
What Locals Say about Manistee
At least 57 Trulia users voted on each feature.
92 % Say parking is easy
84 % Say there's wildlife
84 % Say there's holiday spirit
82 % Say people would walk alone at night
80 % Say yards are well-kept
78 % Say car is needed
78 % Say kids play outside
77 % Say it's dog friendly
69 % Say it's walkable to restaurants
69 % Say neighbors are friendly
68 % Say there are sidewalks
61 % Say it's quiet
57 % Say they plan to stay for at least 5 years
48 % Say streets are well-lit
46 % Say it's walkable to grocery stores
32 % Say there are community events
Sourced by Trulia users. Learn more about our methodology.
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