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For sale by owner
  • $198,000

    15161 North St, Thompsonville, MI 49683

    2beds
    850sqft
    : 
    SingleFamily
    Built in 1948
    0.29 Acres Lot
    $-- Zestimate®
    $233/sqft
    $-- HOA

    Overview

    15161 North Street, Thompsonville, MI 49683 Offered For Sale by Owner – Fully Renovated Home with Garage & Investment Potential. Welcome to this charming 2-bedroom, 1.5-bathroom home situated on nearly a third of an acre at the edge of the Village of Thompsonville. With a full renovation completed in 2022 and a brand-new high-efficiency furnace installed in 2024, this property offers comfort, functionality, and strong investment value — whether you're looking for a personal residence, long-term rental, or vacation getaway near Crystal Mountain and Traverse City. Home Features: 2 bedrooms | 1.5 bathrooms | laundry room - Approx. 850 sq ft of living space (plus a spacious sunroom) - Full renovation included: new roof shingles (rear section), new flooring, updated bathrooms, fresh plumbing, partial electrical, new doors, and fixtures - Natural oak trim throughout adds warmth and character - The half bath doubles as a laundry room, maximizing space and function - Large unfinished attic with potential for a 3rd bedroom (multiple possible staircase locations) Bonus Spaces: - Bright and airy sunroom adds additional seasonal living space - Small Michigan basement for storage Detached Garage: - 24x30 heated garage/workshop with radiant heating system - 240-volt electrical, air compressor piping, and a water line (run from house, not yet connected) - Confirmed with zoning administrator: garage can be converted to an ADU (Accessory Dwelling Unit) for rental income Lot & Location: - 3 generous lots, totaling just under one third of an acre - Plenty of outdoor space for gardening, entertaining, or expansion - 5 minutes to Crystal Mountain (skiing, golf, resort) - 15 minutes to Beulah Beach - 30 minutes to Traverse City - Under an hour to countless Northern Michigan destinations Investment Ready: - Currently leased through the end of September to a reliable, long-term tenant - Lease renewal is optional for the new owner — immediate income potential (Tenant has been in place for 3 years and would love to stay, if possible) - Property is held by an LLC and can be sold with the LLC entity to avoid taxable value uncapping — preserving affordability and lowering long-term tax exposure - Ideal for workforce housing, vacation rental, or long-term investment This adorable, move-in-ready bungalow was thoughtfully rebuilt with quality materials and an eye toward flexibility. Whether you're seeking a quiet Up North escape, a smart investment, or a property with instant passive income potential, 15161 North Street is ready to deliver. Schedule your private showing — homes with this much potential, in this location, don’t last long!
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    Listed by:

    (231) 600-3025

    This property is for sale by owner and Zillow, Inc. is displaying it at the owner's request. It is not subject to a listing agreement with Zillow, Inc. or its affiliates.
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    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 2
    • Full bathrooms: 1
    • 1/2 bathrooms: 1
    Heating
    • Forced air, Propane / Butane
    Appliances
    • Included: Range / Oven, Refrigerator, Washer
    Features
    • Flooring: Other, Carpet, Concrete, Laminate
    • Basement: Unfinished
    Interior area
    • Total interior livable area: 850 sqft

    Property

    Parking
    • Total spaces: 4
    • Parking features: Garage - Detached, Off-street
    Features
    • Exterior features: Vinyl, Metal
    • Has view: Yes
    • View description: Park, Territorial
    Lot
    • Size: 0.29 Acres
    Details
    • Parcel number: 0450103000

    Construction

    Type & style
    • Home type: SingleFamily
    Materials
    • Roof: Asphalt
    Condition
    • New construction: No
    • Year built: 1948

    Community & HOA

    Location
    • Region: Thompsonville

    Financial & listing details

    • Price per square foot: $233/sqft
    • Tax assessed value: $79,000
    • Annual tax amount: $1,154
    • Date on market: 8/3/2025
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