About This Home

This 4-bedroom, 2-bathroom single family at 513 Liberty Street in Petoskey, MI is listed for $340,000 ($187 per sqft). the home offers 1,816 sqft of living space on a N/A lot.

Key Features

  • 2 stories

Property Details

2 stories
2 full
1-car garage
Listing Description

Downtown Petoskey living with flexibility for today and possibilities for the future. This 4-bedroom, 2-bath home offers over 1,800 square feet and is ideally located between the Gaslight District, waterfront, and hospital, with Bear River and downtown amenities all within walking distance.

Currently set up as two separate living spaces, the upper level features a private entrance, kitchen, bath, and flexible space that could accommodate two bedrooms. Live comfortably on the main level while renting the upstairs to help offset ownership costs, use it as a private in-law suite, or easily reconnect the two levels over time to create a spacious 5-bedroom single-family home.

The property has a history as a rental and offers a great opportunity for an owner-occupant looking to build toward a larger downtown home while making use of the separate living space in the meantime. Updates include Low-E windows upstairs (2021), newer Low-E windows downstairs (2010), a new roof on both the house and garage (2014), water heaters (2025), and updated plumbing to the street.

A one-car garage with alley access, off-street parking for multiple vehicles, and front and back yard space add conveniences that can be hard to find this close to downtown. A versatile property in the heart of Petoskey with the location, space, and flexibility to grow with you. OPEN HOUSE SUNDAY 09/20 12:00-2:00pm

Monthly Cost Estimate

$1,818/mo

20% down · 6.5% · 30 years

Principal$246
Interest$1,473
Insurance$99

Estimates only. Actual payments may vary.

Location

513 Liberty Street

Petoskey, MI 49770

Property Details

Construction

Wood Frame/Site Built Two Story +

Heating

Forced Air

Questions & Answers

This 4-bedroom, 2-bathroom single family at 513 Liberty Street is listed at $340,000 ($187/sqft). The estimated monthly payment is $1,818 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: 2 stories.

This property is listed by Atty Belanger.

AB

Atty Belanger

Agent at RE/MAX Resort Properties

Listed by RE/MAX Resort Properties · Broker phone: (231) 582-2400 · View on Broker Site · Broker website

MLS# 480828· Source: Northern Michigan MLS· 2 days on PropertySimple

Copyright © 2026 Northern Michigan MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

513 Liberty Street, Petoskey, MI 49770

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