See other homes in:
Primary listing photo
Listing photo 2
Listing photo 3
Listing photo 4
Listing photo 5

10625 N 5th St, Gladstone, MI, 49837

0beds
2baths
2,352sqft
$125,000
$53price/sqft
$1,064/moest. monthly cost
$42,560/yrincome needed

About This Home

Step back in time and imagine the possibilities with this charming former schoolhouse turned community gathering spot in Gladstone, MI. Set on 4.68 peaceful acres, this unique property has most recently served as the local Lions Club meeting place and still carries that warm, welcoming feel. Inside, you’ll find a spacious open hall perfect for events, meetings, or reimagining into something entirely your own, along with a full kitchen setup ready for gatherings big or small. The classic structure, complete with its original character and simple layout, offers a blank canvas for your vision—whether that’s a residence, hunting lodge, short term rental (with city approval), retreat space, or something more creative. Outside, the generous acreage gives you room to roam, expand, or invest. With potential to split into up to 4 parcels, there’s opportunity here for future development or to create your own private slice of the UP. If you’ve been looking for something a little different with history, space, and flexibility, this might be just the place. Taxes will not be zero.

Getting Around

0
WalkingCar-Dependent
0
TransitVery Limited Transit
25
BikeSomewhat Bikeable

Schools

--
6/10
7/10

Construction

Condition

  • Year built: 1900

Materials

  • Construction materials: Brick,Vinyl Siding

Type & Style

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

Interior

Appliances

  • Appliances included: None,Water Heater

Basement

  • Basement: None,Crawl Space

Bedrooms & Bathrooms

  • Bathrooms: 2
  • 1/2 bathrooms: 2

Features

  • High Ceilings
  • Finished area below ground: 0
  • Finished area above ground: 2,352

Heating & Cooling

  • Heating features: Forced Air,Propane
  • Cooling features: Central Air

Interior Area

  • Total structure area: 2,352
  • Total interior livable area: 2,352 sqft

Property

Details

  • Parcel number: 2100412102100
  • Zoning: Residential with option to remove to commercial if approved by Delta County
  • Zoning description: Residential
  • Special condition: HUD Owned,Standard

Features

  • Levels: One
  • Stories: 1
  • Exterior features: None
  • Waterfront features: None
  • Waterbody name: None
  • Frontage type: Road
  • Frontage length: 512

Lot

  • Lot size: 4.68 Acres
  • Lot size dimensions: 787 x 341 x 512 x 376

Parking

  • Total spaces: 3
  • Parking features: 3 or More Spaces

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 WaveRelatively High
  • Hail
    HailModerate
  • Inland Flooding
    Inland FloodingModerate
  • Lightning
    LightningModerate
  • Strong Wind
    Strong WindModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Cold Wave
Hail
Inland Flooding
Lightning
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 $632$7,584
Home Insurance *$66$792
Property Taxes $110$1,320
Electricity $256$3,078
Total$1,064$12,768
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$36,480/yr
40% on housing$31,920/yr
45% on housing$28,373/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

$53This listing

vs Other Active Listings

Avg $/sqft

ZIP 49837$116
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)

No zestimate history available

Price History

DateEventPrice
2026-04-23Listed for sale$135,000

For Sale by Agent

AgentTAMMY FULCHER
BrokerageFIVE STAR REAL ESTATE

Similar Homes