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508 E Portage Ave, Sault Sainte Marie, MI, 49783

5beds
2baths
2,580sqft
$249,000
$97price/sqft
$1,945/moest. monthly cost
$77,800/yrincome needed

About This Home

Motivated Seller! Wake up to breathtaking views of the St. Mary's River and spend your evenings watching freighters glide past your window. This charming 2,580-square-foot home blends timeless character with room to grow, featuring 5 bedrooms with a possible 6th, 2 full bathrooms, a full basement, and a 2.5-car garage. Original hardwood floors and beautiful woodwork create a warm, inviting atmosphere that's hard to find. Whether you're hosting family, enjoying the view, or simply looking for a home with space and personality, this one is truly special. Seller is willing to offer concessions toward roof repairs with an acceptable offer. Also available for purchase with the neighboring property at 506 E. Portage Avenue. See separate MLS listing for package opportunity.

Getting Around

69
WalkingSomewhat Walkable
0
TransitVery Limited Transit
68
BikeBikeable

Schools

7/10
Lincoln SchoolGrades PK-70.8 mi
7/10
Sault Area Middle SchoolGrades 5-101.3 mi
5/10
Sault Area High SchoolGrades 8-121.4 mi

Construction

Condition

  • Year built: 1920

Materials

  • Foundation: Block
  • Roof: Asphalt,Plastic Roofing
  • Construction materials: Vinyl Siding

Type & Style

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

Interior

Appliances

  • Appliances included: Dishwasher,Dryer,Electric Range,Range Hood,Refrigerator,Washer
  • Laundry features: Upper Level

Basement

  • Has basement: Yes
  • Basement: Full

Bathroom

  • Level: Main
  • Area: 76.7
  • Dimensions: 11.8 x 6.5

Bathroom

  • Level: Upper
  • Area: 38.5
  • Dimensions: 5 x 7.7

Bedroom1

  • Level: Upper
  • Area: 206.4
  • Dimensions: 16 x 12.9

Bedroom2

  • Level: Upper
  • Area: 101.4
  • Dimensions: 13 x 7.8

Bedroom3

  • Level: Upper
  • Area: 88
  • Dimensions: 10 x 8.8

Bedroom4

  • Level: Upper
  • Area: 92.4
  • Dimensions: 12 x 7.7

Bedroom5

  • Level: Upper
  • Area: 144
  • Dimensions: 18 x 8

Bedrooms & Bathrooms

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

Dining Room

  • Level: Main
  • Area: 160
  • Dimensions: 8 x 20

Features

  • Window features: Double Pane Windows
  • Flooring: Hardwood
  • Fireplace features: None
  • Finished area below ground: 0
  • Finished area above ground: 2,580

Heating & Cooling

  • Heating features: Hot Water,Natural Gas
  • Cooling features: Wall Unit(s)

Interior Area

  • Total structure area: 2,580
  • Total interior livable area: 2,580 sqft

Kitchen

  • Level: Main
  • Area: 121
  • Dimensions: 11 x 11

Laundry

  • Level: Upper
  • Area: 87.12
  • Dimensions: 9.9 x 8.8

Other

  • Level: Main
  • Area: 362.5
  • Dimensions: 12.5 x 29

Other

  • Level: Main
  • Area: 121
  • Dimensions: 11 x 11

Property

Details

  • Parcel number: 05103106630

Features

  • Levels: Two
  • Stories: 2
  • Has view: Yes
  • View description: Water
  • Has water view: Yes
  • Water view: Water

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 WaveModerate
  • Winter Weather
    Winter WeatherModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Cold Wave
Winter Weather
Tsunami

FEMA Declared Disasters in Chippewa 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 $1,259$15,108
Home Insurance *$173$2,076
Property Taxes $232$2,784
Electricity $281$3,376
Total$1,945$23,340
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$66,685/yr
40% on housing$58,350/yr
45% on housing$51,866/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: 13.8%
13.8%
0%30.0%
Electricity Growth Rate10-year average: 3.9%
3.9%
0%15.0%
Property Taxes Growth Rate2-year average: 0.3%
0.3%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$97This listing

vs Other Active Listings

Avg $/sqft

ZIP 49783$129
Chippewa County$173

vs Homes Sold Last Month

Median $/sqft

ZIP 49783$125
Chippewa County$119

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
2026-07-12Listed for sale$249,000

For Sale by Agent

AgentKristina Thibault
BrokerageRE/MAX NorthStar Realty

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