V/L 1.70AC Townline Rd & Stempky St 1.70 Acres, Cheboygan, MI 49721
T37N/R1W · Cheboygan County
Key Facts
Description
±1.70 AC total (1.26 AC + 0.44 AC) zoned R-M, ideal for townhomes, duplexes & low-rise apts in a market with documented rental shortages. A MSHDA-supported 2024 Housing Needs Assessment identifies Cheboygan County with a 400+ unit rental gap over the next 5 yrs & multifamily vacancy near 0%. Municipal water, sewer & natural gas available. Adjacent to the North Eastern State Trail and near major retailers incl Walmart Supercenter & Tractor Supply Co., plus shopping, services & employment. Parcels may be developed together or separately, offering flexibility for workforce or market-rate housing.
Property Information
Property Type
Land
Lot Dimensions
1.70
Zoning
R-M
MLS® Listing#
201838335
Property Features
Sewer
Financial Details
Parcel Number
055-006-300-001-05 & 055-006-300-001-06
Directions
From Cheboygan, take Main St. south to West Lincoln Ave. Go south on S. Huron St. Then west on Stempky St. Parcels will be on the left hand side of Stempky just prior to RR tracks to Townline Rd.
Affordability Calculator
$30,000
Estimated monthly payment
$798/mo
Principal $120,000 · Est. interest $167,411 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Cheboygan, MI
- $340,000
- Median Listing Price
- 47
- Median Days on Market
- 1,704
- Median Sq Ft
- $189
- Median Price / Sq Ft
- 61
- Active Listings
- This home’s price is 56% below the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Cheboygan, MI.
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 10898 N Black River Road, Cheboygan, MI | $105,000 | 2 | 1 | 1,052 |
| 40.44 AC Zolner Road 40.44 Acres, Cheboygan, MI | $109,000 | — | — | — |
| L 1-2 4-p7 Huron Street Lots 1-2, 4-partial 7, Cheboygan, MI | $109,000 | — | — | — |
| 6812 Levering Road, Cheboygan, MI | $110,000 | — | — | — |
| 1321 Pioneer Road 8.11 acres, Cheboygan, MI | $115,000 | — | — | — |
| 10900 Townline Road, Cheboygan, MI | $119,900 | — | — | 3,326 |
Moving Cost Estimate
Listing Courtesy: The TEAM Real Estate Group - 9897326500
Last Updated: 2025-12-23