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2742 Parkway St, Gladwin, MI, 48624

1beds
1baths
560sqft
$35,000
$63price/sqft
$414/moest. monthly cost
$16,560/yrincome needed

About This Home

Cute waterfront cabin with endless potential! This fixer-upper is conveniently located near downtown Gladwin and is ready for the right buyer to bring it back to life. and is being sold for cash, or through seller financing with $2000 down and low monthly payments. There is strong potential for use as a short-term rental, airbnb or fast resale; Buyer is responsible for verifying all local zoning, rental, and permit requirements. Property is being sold strictly AS-IS, and all measurements and information are estimates and should be independently verified by the buyer.

Getting Around

14
WalkingCar-Dependent
0
TransitVery Limited Transit
41
BikeSomewhat Bikeable

Schools

--
Gladwin Elementary SchoolGrades PK-20.9 mi
6/10
9/10
Gladwin High SchoolGrades 9-120.9 mi

Construction

Condition

  • Year built: 1984

Materials

  • Foundation: Slab
  • Construction materials: Vinyl Siding

Type & Style

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

Interior

Bathroom1

  • Level: Entry

Bedroom1

  • Features: Linoleum
  • Level: Entry
  • Area: 100

Bedrooms & Bathrooms

  • Bedrooms: 1
  • Bathrooms: 1
  • Full bathrooms: 1

Features

  • Flooring: Linoleum
  • Finished area below ground: 0
  • Finished area above ground: 560

Heating

  • Heating features: Other

Interior Area

  • Total structure area: 560
  • Total interior livable area: 560 sqft

Kitchen

  • Features: Linoleum
  • Level: Entry
  • Area: 70

Living Room

  • Features: Linoleum
  • Level: Entry
  • Area: 100

Property

Details

  • Parcel number: 08003140001300
  • Special condition: Private

Features

  • Levels: One
  • Stories: 1
  • On waterfront: Yes
  • Waterfront features: Waterfront
  • Waterbody name: yes
  • Frontage length: 135

Lot

  • Lot size: 5,227 sqft
  • Lot size dimensions: 135 x 38

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

  • Winter Weather
    Winter WeatherVery High
  • Cold Wave
    Cold WaveRelatively High
  • Lightning
    LightningRelatively High
  • Strong Wind
    Strong WindRelatively High
  • Tornado
    TornadoRelatively High
  • Hail
    HailModerate
  • Inland Flooding
    Inland FloodingModerate

How This Home’s Risks Compare

Winter Weather
Cold Wave
Lightning
Strong Wind
Tornado
Hail
Inland Flooding

FEMA Declared Disasters in Gladwin 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 $176$2,112
Home Insurance *$21$252
Property Taxes $29$348
Electricity $188$2,259
Total$414$4,968
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$14,194/yr
40% on housing$12,420/yr
45% on housing$11,040/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: 16.2%
16.2%
0%30.0%
Electricity Growth Rate10-year average: 3.9%
3.9%
0%15.0%
Property Taxes Growth Rate2-year average: -0.1%
-0.1%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$63This listing

vs Other Active Listings

Avg $/sqft

ZIP 48624$149
Gladwin County$130

vs Homes Sold Last Month

Median $/sqft

ZIP 48624
Gladwin County$143

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)

No zestimate history available

Price History

DateEventPrice
2026-02-10Listed for sale$35,000

For Sale by Agent

AgentKelsi V Long
BrokerageCentury 21 Signature Realty - Bay City

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