Historic, Garage, Finished Basement
1900 Marinette Double Lot a Block from the Menominee River — $89,900
6
out of 10
HousesUnder150K Score
Property Merit 50% · Condition 25% · Price/Sq Ft 15% · Market 10%
| Category | Wt. | Score | Detail |
|---|---|---|---|
| Property Merit | 50% | 7 | 1900 build, double lot, detached garage, full basement, river proximity |
| Condition | 25% | 6 | Roof 2016 noted; HVAC/windows unknown; basement and structure unconfirmed |
| Price / Sq Ft | 15% | 9 | $85/sqft vs $124/sqft zip median — 31% below; 8 comps, directional but meaningful |
| Price vs. Market | 5% | 9 | $89,900 vs $195,942 median — 54% below; active market with 59 sales last month |
| Market Conditions | 5% | 5 | DOM 9 (fast mover), sale-to-list 99.3%, price drops 26.3% — balanced market, floor applied |
At $85 a square foot, this house is sitting 31% below the zip code median in a city where 59 homes sold last month. That kind of gap usually means something is wrong with the house, the location, or both. Here, it seems to mean neither — just a 125-year-old 1.5-story on a double lot near the river priced the way old houses in smaller markets sometimes get priced when the seller wants out.
The lot is the thing I keep coming back to. A double lot in a city, 0.3 acres total, with a detached garage and a paved driveway. That is actual space. Room for a garden that is not an afterthought, room to park a truck and a trailer, room to eventually add something if the zoning allows. The garage alone would make a decent workshop.
The house itself is 1,060 square feet, three bedrooms, one bath, full basement. Built in 1900, so it has the bones of that era — which means it probably has the quirks too. Low ceilings in some places, rooms that feel like rooms instead of open floor plan, maybe some stairs that are steeper than you'd expect. The roof was done in 2016, which is real work with life left in it. HVAC, windows, and the condition of the basement are not listed, which is a gap worth closing before you go very far. A thorough inspection here is not optional.
The location puts you walking distance from the Menominee River and close to Riverside Avenue. Whether that matters to you depends on how you live, but river access on foot from your own double lot in a working-class Great Lakes city for under $90,000 is a specific kind of thing.
This is a house for someone who knows what to look for in a 124-year-old structure and can handle what they find. Not a complete renovation situation based on what's listed, but the unknowns are real. The price creates a lot of room to absorb them.
