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4042 M-123, Moran, MI 49760

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For Sale

$240,000

2 baths • 4,700 sqft

Estimated Payment

$ 1,388 /mo. †

6.76% APR for 30 yrs.
$1,699 in taxes
Change Loan Terms

  • Single Family Detached
    Property type

  • $51.06
    Price per square foot

  • Over 50 Years Old
    Age

  • Fireplace
    Heating System

Explore this Property

Let your creative side go with this 4700 sq. ft. 1920s building! If you are looking for a place to open a business, want a place that can serve as both home & work or have your own ideas, this property gives you a great place to start & a lot of options to make it your own. The first level is about 2350 sq. ft. with a slab foundation. It is currently set up with a casual entry area, display/ work area & storage/work area. There is an 9x7 garage door & a 1/2 bath. The 2nd level is about 2,350 sq. ft. & is set up with living space & an office. There is a full kitchen & a bathroom with a stand up shower. The rest of the living space is open. There is also an office space with a gas fireplace & soundproof recording room. Perfect for recording music or podcasts.
MLS# 24-966

Courtesy Of Horizon Realty U.P
288 S. State St., St. Ignace, MI 49781
(906) 643-7359

Property Features

  • Age
    Over 50 Years Old
  • Appliances
    Dryer, Range, Refrigerator
  • Architecture Style
    Other
  • Exterior Type
    Stone
  • Fireplace
    Fireplace
  • Heating System
    Baseboard, Fireplace, Space Heater
  • Roof Type
    Asphalt

Map and Directions

Directions to 4042 M-123, Moran, MI 49760

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Mortgage Calculator

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Monthly Payment Breakdown

  • Principle and Interest
    $1,247
  • Property Taxes
    $141
  • Hazard Insurance
    $0
  • Private Mortgage Insurance
    $0
  • HOA Dues
    $0
  • Total Monthly Payment:
    $1,388

Calculators provided for estimating purposes only. Consult with your lender to determine precise payment requirements.

Schools

St Ignace Elementarymiddle School

Grades PK-8 Public School

Saint Ignace, MI 49781 10 miles
429 portage st

257 total students
16:1 Student teacher ratio

School Rating: C

School Details

Lasalle High School

Grades 9-12 Public School

Saint Ignace, MI 49781 10 miles
443 portage st

215 total students
21:1 Student teacher ratio

School Rating: B+

School Details

School information does not guarantee enrollment. School service boundaries are provided as a reference only, may change, and are not guaranteed to be accurate. Contact the school district directly to verify school enrollment eligibility.

Local area information for Moran, MI 49760

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Moran, MI 49760

This community’s employment is highest in the food and sales industries. The area’s overall household expenses are above the national average.

76° July
Hottest Average Month
7° February
Coldest Average Month
407 Total Households in Area
2.8% Increase in population since the year 2010
27.9%
of households
have children
20 minutes
Median Commute Time

Household Expenses vs National Average

This location’s average annual expenditures by category compared to the national average. Index score (100=National Average)

Demographic facts
for Moran, MI 49760

Moran, MI 49760 has a population of 878 people in 407 households with a median age of 50.8 years old.

2.8%
Increase in population
since the year 2010
Population is Trending up
395
Total households as of 2010
2.7%
projected percent change in total
households in 5 years

Community Population By Age

The median age for this area is 50.8 years old. The smallest percentage group is 65-74 years and the largest percentage is the 85+ years age range.

Community Population By Ethnicity

White 67%
Native American 23%
Hispanic 2%
Black <1%
Asian <1%
Other <1%
The most prevalent ethnicity is White at 67%, followed by Native American at 23%, Hispanic at 2%, and Black at <1%.

Economics
for Moran, MI 49760

6 /sq mi
Population Density
$56,490 /yr
Median Household Income
$0
Median Sales Price
20 min
Median Commute Time

Household Expenses vs National Average

This location’s average annual expenditures by category compared to the national average. Index score (100=National Average)

Household by Income

Out of the households in this area, the largest income group is $50-74,999k representing 20.23% of the households.

Transportation to Work

  • Drive 85%
  • Work from Home 8%
  • Walk or Bike 6%
  • Public Transit 0%

Occupancy by Type

Owned 333 47%
Vacant 300 42%
Rented 75 11%

White vs Blue Collar Jobs







White Collar 72%
Blue Collar 28%

Family & Education Facts
for Moran, MI 49760

50.8 Median Age

Average Household Size

2.2
persons per
household

54.2%

Married Households

Community Population By Education

High School Graduate 45%
Some College 25%
Bachelors Degree 11%
Graduate Degree 7%
Some High School 7%
Associates Degree 5%
Of the total people surveyed, the most prevalent educational attainment level is High School Graduate, representing 44.52% of the population.

Household Family Expenses vs National Average

This location’s average annual expenditures compared to the national average. Index score (100=National Average)
28% of households have children

Weather
for Moran, MI 49760

The weather for this area ranges from a high of 76° F in July to a low of 7° F in February

76° July
Hottest Average Month
7° February
Coldest Average Month

Average Temperature by Month

Low (°F)
High (°F)
Jan
8°
25°
Feb
7°
27°
Mar
16°
36°
Apr
29°
49°
May
39°
61°
Jun
48°
70°
Jul
54°
76°
Aug
54°
75°
Sep
47°
66°
Oct
37°
54°
Nov
27°
41°
Dec
16°
30°

Average Temperature in Degrees Fahrenheit

Precipitation

Precipitation (inch)

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Copyright © 2025 Eastern Upper Peninsula Board of REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Data powered by Attom Data Solutions. Copyright© 2025. Information deemed reliable but not guaranteed.

This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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