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517 Wisconsin Ave, Gladstone, MI, 49837

5beds
2baths
2,738sqft
$254,900
$93price/sqft
$1,947/moest. monthly cost
$77,880/yrincome needed

About This Home

Step into timeless elegance with this beautifully maintained 1901 home, where original craftsmanship meets modern convenience. Rich hardwood floors, stunning natural woodwork, oversized pocket doors, built-in bookcases, a classic china cabinet, and an impressive oak staircase showcase the character and charm that's becoming harder to find. Offering 5 bedrooms and 2 full baths, this versatile property provides endless possibilities. Whether you're looking for a spacious residence, a multi-generational living arrangement, or an investment opportunity, the flexible floor plan is ready to meet your needs. Having successfully served as a duplex with an excellent rental history, the home features separate front and rear entrances, allowing added privacy between the two living spaces. The main level offers three bedrooms (one being a walk-through), including a primary bedroom with a walk-in closet, a spacious living room, formal dining room, main-floor laundry, and a bright kitchen with ceramic tile flooring. Upstairs you'll find two additional bedrooms, a full bath, living room, dining area, kitchen, and a private balcony overlooking the backyard. Outside, enjoy the fully fenced backyard complete with a concrete patio and storage shed. The oversized garage offers ample parking along with an attached workshop, perfect for hobbies, storage, or a home workspace. Additional highlights include updated vinyl siding, replacement windows, two heating systems (forced air and boiler heat), two water heaters, and separately metered utilities, making the property well suited for a variety of living arrangements. Located within walking distance of downtown Gladstone, schools, parks, playgrounds, and the sandy shores of Lake Michigan, this one-of-a-kind property combines historic beauty, thoughtful updates, and exceptional flexibility. Whether you're searching for a home, an income-producing property, or both, this is a rare opportunity you won't want to miss.

Getting Around

47
WalkingCar-Dependent
0
TransitVery Limited Transit
50
BikeBikeable

Schools

6/10
7/10

Construction

Condition

  • Year built: 1901

Materials

  • Foundation: Basement
  • Construction materials: Vinyl Siding

Type & Style

  • Home type: SingleFamily
  • Architectural style: Conventional Frame
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Dryer,Microwave,Range/Oven,Refrigerator,Washer,Electric Water Heater,Gas Water Heater
  • Laundry features: First Floor Laundry

Basement

  • Has basement: Yes
  • Basement: Partial

Bathroom1

  • Level: First
  • Area: 42

Bathroom2

  • Level: Second
  • Area: 42

Bedroom1

  • Level: First
  • Area: 225

Bedroom2

  • Level: First
  • Area: 126

Bedroom3

  • Level: Second
  • Area: 225

Bedroom4

  • Level: Second
  • Area: 108

Bedroom5

  • Level: First
  • Area: 70

Bedrooms & Bathrooms

  • Bedrooms: 5
  • Bathrooms: 2
  • Full bathrooms: 2

Dining Room

  • Features: Wood
  • Level: First
  • Area: 169

Family Room

  • Level: Second
  • Area: 255

Features

  • High Ceilings
  • Flooring: Hardwood,Wood
  • Finished area below ground: 0
  • Finished area above ground: 2,738

Heating & Cooling

  • Heating features: Boiler,Forced Air,Natural Gas
  • Cooling features: None

Interior Area

  • Total structure area: 3,638
  • Total interior livable area: 2,738 sqft

Kitchen

  • Level: First
  • Area: 169

Living Room

  • Features: Wood
  • Level: First
  • Area: 272

Master Bedroom

  • Level: First

Property

Details

  • Parcel number: 05201800500
  • Zoning: Residential
  • Zoning description: Residential
  • Special condition: Private,Standard

Features

  • Levels: Two
  • Stories: 2
  • Patio & porch: Deck,Patio
  • Fencing: Fenced
  • Waterfront features: None
  • Frontage type: Road
  • Frontage length: 56

Lot

  • Lot size: 7,405 sqft
  • Features: City Lot,Walk to School
  • Lot size dimensions: 56 x 140

Parking

  • Total spaces: 3
  • Parking features: 3 or More Spaces,Garage,Driveway,Detached,Workshop in Garage
  • Has garage: Yes
  • Attached garage spaces: 3
  • Covered spaces: 3

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
    Cold WaveVery High
  • Lightning
    LightningRelatively High
  • Hail
    HailModerate
  • Inland Flooding
    Inland FloodingModerate
  • Strong Wind
    Strong WindModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Cold Wave
Lightning
Hail
Inland Flooding
Strong Wind
Tsunami

FEMA Declared Disasters in Delta County and Michigan

Severe Ice Storm
Winter Storm

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

MonthlyAnnual
Mortgage $1,288$15,456
Home Insurance *$136$1,632
Property Taxes $225$2,700
Electricity $298$3,583
Total$1,947$23,364
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$66,754/yr
40% on housing$58,410/yr
45% on housing$51,920/yr

Michigan FAIR Plan Programs

Michigan Basic Property Insurance Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 15,981Commercial: 293
Total Premiums$13.85M
Total Exposure$2.60B

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.

Insurance Growth Rate5-year average: 12.9%
12.9%
0%30.0%
Electricity Growth Rate10-year average: 3.9%
3.9%
0%15.0%
Property Taxes Growth Rate2-year average: 3.6%
3.6%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$93This listing

vs Other Active Listings

Avg $/sqft

ZIP 49837$114
Delta County$143

vs Homes Sold Last Month

Median $/sqft

ZIP 49837$122
Delta County$120

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

DateEventPrice
2026-07-30Price change$254,900
2026-07-09Listed for sale$259,900
2026-06-29Contingent$259,900
2026-06-25Listed for sale$259,900
2021-02-19Listing removed--
2017-11-15Listing removed$155,000
2017-11-15Listed for sale$155,000
2017-09-16Pending sale$155,000
2017-09-02Price change$155,000
2017-07-18Listed for sale$164,000
2013-03-16Sold$87,500

For Sale by Agent

AgentCORRINA JOHNSON
BrokerageGROVER REAL ESTATE

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