101 Sibben Street, Manistee, MI 49660 (MLS # 25060461)
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Historic Multi-Unit Property Overlooking Manistee Lake. Discover an exceptional investment opportunity in this historic building ideally positioned with stunning views of Manistee Lake & just a short walk to vibrant downtown Manistee. With the potential for four income-producing apartments, this property offers immediate revenue, future growth, & a highly desirable location.Apartment A-Lower-level walkout space ready for development"”create a new rental unit, owner's suite, or additional Airbnb potential. Apartment B-Currently operating as a successful turn-key Airbnb, fully furnished & ready to continue generating short-term rental income from day one. Apartments C & D-Both units have wonderful long-term renters in place, providing stable, consistent income.Additional features include assigned off-street parking, charming historic character throughout, & unbeatable proximity to Lake Michigan beaches, local shops, restaurants, & Manistee Riverwalk. Whether you're looking to expand your rental portfolio or create a mixed-use income strategy, this unique property delivers flexibility, charm, and strong potential. Owners pay water, Sewer & refuse. Apt B-AirBnB has a new furnace. Apt C wall furnace, is on a Month -Month lease at $800/month, includes Utilities , Apt D- has a lease @ $800/Month & pays Electric & Gas. All units have separate meters for Electric & Gas so can easily be adjusted. Updates to building are:- -Exterior paint, (with trim and porches) - Exterior repairs - Exterior porch dusk-to-dawn lighting + motion detecting light for back apartments' foyer - New furnace spring of '25 - Multiple new window packages throughout - Landscaping - Interior designing / furnishings for apt B Financials on AirbnB available on request. Also leases.
| DAYS ON MARKET | 5 | LAST UPDATED | 12/2/2025 |
|---|---|---|---|
| YEAR BUILT | 1880 | COMMUNITY | MasonOceanaManistee - O |
| COUNTY | Manistee | STATUS | Active |
| PROPERTY TYPE(S) | Multi Family |
| School District | Manistee |
|---|---|
| Jr. High School | Kennedy Middle School |
| High School | Manistee Middle High School |
| ADDITIONAL DETAILS | |
| AIR | Window Unit(s) |
|---|---|
| AIR CONDITIONING | Yes |
| AREA | MasonOceanaManistee - O |
| BASEMENT | Full, Yes |
| CONSTRUCTION | Wood Siding |
| HEAT | Forced Air, Natural Gas |
| LOT | 0.25 acre(s) |
| LOT DESCRIPTION | Corner Lot, Level, Waterfront |
| LOT DIMENSIONS | 80x130 |
| PARKING | Paved |
| SEWER | Public Sewer |
| TAXES | 5674 |
| UTILITIES | Natural Gas Available, Phone Available, Electricity Available, Cable Available, Phone Connected, Natural Gas Connected, Electricity Connected, Cable Connected, Sewer Available, Water Available |
| VIEW | Yes |
| VIEW DESCRIPTION | Water |
| WATER | Public |
| WATER ACCESS | Manistee Lake |
| WATERFRONT | Yes |
| WATERFRONT DESCRIPTION | Lake |
| ZONING | Residential |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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Listing provided by CENTURY 21 Northland, Virginia M Pelton
Copyright 2025 MichRIC, LLC. All rights reserved.
Updated 12/5/25 7:39 PM PST
Information Deemed Reliable But Not Guaranteed.
This IDX solution is (c) Diverse Solutions 2025.