Sold
Last Sold Price
6 beds3 baths3,700 sqft$16/sqft
501 North Ball Street, Cheboygan, MI 49721
Multi FamilyProperty Type
7,442 sq ftLot Size
$16/sq ftPrice per sq ft

Description

Great opportunity for immediate cash flow and long term property investment in Cheboygan City limit. Well maintained multi family housing unit renting at full capacity with quality renters.Great opportunity for immediate cash flow and long term property investment in Cheboygan City limit. Well maintained multi family housing unit renting at full capacity with quality renters.
  • Listed by: Missy Koszegi 231.420.4464 missy@cheboyganproperty.com Brokerage DRE #6505157435 • COLDWELL BANKER SCHMIDT CHEBOYGAN
  • Listed by: Mark Danks 517.599.7365 mark.danks@cbgreatlakes.com
Listing closed: 09/10/2020 12:00 AM • Source: Water Wonderland Board of REALTORS, MLS#: 322732

Recent comparable sales

Median sold price

$245,500

Avg days on market

140

Sale-to-list ratio

91.4%

Cheboygan, MI

9 comparable properties found

$560,000 | 1232 Lofgren Shores Drive, Cheboygan, MI 49721
1/70
1

$560,000

Sold 10/03/25

5
Bedrooms
3,973
Square Feet
Unavailable
Acres
$115,000 | 301 Cleveland Avenue, Cheboygan, MI 49721
1/37
2

$115,000

Sold 09/30/24

6
Bedrooms
2
Bathrooms
2,000
Square Feet
Unavailable
Acres
$394,930 | 314 South Main Street, Cheboygan, MI 49721
1/63
3

$394,930

Sold 10/17/24

6
Bedrooms
3,785
Square Feet
0.3
Acres
$270,000 | 544 South Cuyler Street, Cheboygan, MI 49721
1/18
4

$270,000

Sold 03/03/25

5
Bedrooms
3,894
Square Feet
0.25
Acres
$180,000 | 209 Duncan Avenue, Cheboygan, MI 49721
1/22
5

$180,000

Sold 03/04/26

6
Bedrooms
2,392
Square Feet
Unavailable
Acres
$715,000 | 500 Bayview Drive, Cheboygan, MI 49721
1/70
6

$715,000

Sold 12/12/24

3
Bedrooms
3,560
Square Feet
0.20
Acres
$67,000 | 73 Chelsey Lane, Cheboygan, MI 49721
1/29
7

$67,000

Sold 08/24/26

3
Bedrooms
1,296
Square Feet
0.2
Acres
$224,000 | 425 West Lincoln Avenue, Cheboygan, MI 49721
1/50
8

$224,000

Sold 01/10/25

5
Bedrooms
2,744
Square Feet
0.45
Acres
$245,500 | 103 North Bailey Street, Cheboygan, MI 49721
1/18
9

$245,500

Sold 01/31/25

5
Bedrooms
3,279
Square Feet
0.11
Acres

Location

Listing Courtesy of COLDWELL BANKER SCHMIDT CHEBOYGAN

Sold By Exit Realty Premier

Add your commute

Payment Calculator

$492 per month

30 year fixed, 6.55% Interest

Principal and Interest

$305

Property Taxes

$187

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 501 North Ball Street

Property Details
  • MLS Type: Residential Income / Triplex
  • Architectural Style: Two Story
  • Subdivision Name: T38N, R1W
Building Information
  • Stories: 2
  • Residences: 3
  • Lot Size: 0.17 AC / 7,442 SF
Summary
Location and General Information
  • Directions: N Main, Left on State Street, Corner of Ball and State Street
  • Latitude: 45.648521
  • Longitude: -84.481529
  • Township: Cheboygan
Taxes and HOA
  • Parcel Number: 053-P34-003-001-00
  • Tax Block: 3
  • Tax Book Number: 053-P34-003-001-00
School Information
  • High School: Cheboygan
Parking
  • Garage: No
Property
Lot Information
  • Lot Size Dimensions: 61x122
Property and Assessments
  • Living Area: 3700.0
  • Property Sub Type: Triplex
  • Property Type: Residential Income
Building Features
  • Total Stories: 2
Utilities
  • Sewer: Public Sewer
  • Utilities: Natural Gas Available
Interior and Exterior Features
Interior Features
  • Appliances: Dryer, Refrigerator, Washer, Gas Oven, Gas Range
  • Basement: Full
  • Has Basement: Yes
  • Total Bedrooms: 6
  • Has Cooling: No
  • Heating: Baseboard, Hot Water, Natural Gas
  • Has Heating: Yes
  • Has Fireplace: No
  • Laundry Features: In Basement
  • Water Heater: Gas
Room Information
Room 1
  • Type: Laundry
Multi Family
Multi Family Information
  • Number Of Units Total: 3

Property History for 501 North Ball Street

DateEvent & SourcePriceAppreciation
Sep 10, 2020

Sold (Public Record)

Public Record #1412054303

$60,000

-38.2% / yr

Sep 10, 2020

Sold

Water Wonderland Board of REALTORS #322732

$60,000
Jul 28, 2020

Listed (Active)

Water Wonderland Board of REALTORS #322732

$85,000
DateEvent & SourcePrice
09/10/2020

Sold (Public Record)

Public Record #1412054303

$60,000

-38.2% / yr

09/10/2020

Sold

Water Wonderland Board of REALTORS #322732

$60,000
07/28/2020

Listed (Active)

Water Wonderland Board of REALTORS #322732

$85,000

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 501 North Ball Street

Taxable ValueLand-Additions-Total-
Tax Record2025$2,247 ($187 / month)
Home Facts
Beds0Lot Size7,405 SqFtStyleSingle Family ResidenceCountyCHEBOYGANAPN053-P34-003-001-00

Schools near 501 North Ball Street

This home is within Cheboygan Area Schools.
Rating
School
Type
Grades
Distance
Public - K to 3
Public - 3 to 10
Public - 8 to 12
Public - 4 to 12
Rating
School
Distance
East Elementary School
PublicK to 3

Cheboygan Intermediate School
Public3 to 10

Cheboygan Area High School
Public8 to 12

Cheboygan Middle School
Public4 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of COLDWELL BANKER SCHMIDT CHEBOYGAN

The data relating to real estate on this website comes in part from the Internet Data Exchange Program of the Water Wonderland MLS (WWLX). Real estate listings held by brokerage firms other than Compass and its related brokerages are marked with the WWLX logo and the detailed information about said listing includes the listing office. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither the listing broker(s) nor the broker which owns this website shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally harmless. WWLX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright © 2026 Water Wonderland MLS, Inc©. All Rights Reserved.