203 S State Ave, Alpena, MI, 49707
About This Home
This 1890 historic, diamond in the rough 6 bedroom home offers a rare opportunity to own a piece of Alpena's heritage. Originally serving as the city's first hospital, this grand residence has been transitioned into a spacious single-family home that blends rich history with incredible future potential. Perfectly situated on State Avenue, the home overlooks the serene beauty of Bay View and the vast expanse of Lake Huron. Loads of potential with two full living areas you could live in half and rent out the other or perhaps a historic B&B or restore this architectural gem into your ultimate dream home! Don't miss your chance to write the next chapter of this Alpena landmark. Schedule your private tour today and explore the possibilities!
Getting Around
Somewhat Walkable
Very Limited Transit
BikeableSchools
Construction
Materials
- Foundation: Basement
Type & Style
- Home type: SingleFamily
- Property subType: Single Family Residence
Interior
Appliances
- Laundry features: Upper Level
Basement
- Has basement: Yes
- Basement: Full,Michigan/Utility
Bedrooms & Bathrooms
- Bedrooms: 6
- Bathrooms: 2
- Full bathrooms: 2
Features
- Flooring: Hardwood
- Finished area above ground: 3,544
Heating
- Heating features: Forced Air
Interior Area
- Total structure area: 5,388
- Total interior livable area: 5,388 sqft
Property
Details
- Parcel number: 09341700021400
Features
- Levels: Multi/Split
- Patio & porch: Patio/Porch
- Frontage type: None
Lot
- Lot size: 8,992 sqft
- Lot size dimensions: 82' x 109.66'
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Cold Wave
- Lightning
- Tsunami
How This Home’s Risks Compare
FEMA Declared Disasters in Alpena County and Michigan
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $1,390 | $16,680 |
| Home Insurance * | $140 | $1,680 |
| Property Taxes | $452 | $5,424 |
| Electricity | $587 | $7,052 |
| Total | $2,569 | $30,828 |
Income You'd Need if You Spent...
Michigan FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-07-23 | Price change | $275,000 |
| 2026-07-06 | Listed for sale | $299,900 |
| 2026-04-20 | Listing removed | $349,900 |
| 2026-03-09 | Listed for sale | $349,900 |
| 2025-12-08 | Sold | $275,000 |
| 2025-11-20 | Contingent | $275,000 |
| 2025-11-18 | Listed for sale | $275,000 |
| 2018-03-31 | Sold | $30,000 |
| 2017-08-08 | Listing removed | $59,900 |
| 2017-06-27 | Listed for sale | $59,900 |
View on Zillow