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Off market
  • $906,300

    2050 Wright St, Marquette, MI 49855

    19beds
    16baths
    5,590sqft
    MultiFamily
    Built in 1960
    -- sqft lot
    $906,300 Zestimate®
    $162/sqft
    $1,367 Estimated rent

    Home value

    $906,300

    $816,000 - $1.02M

    $1,367/mo

    Zestimate® history
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    Owner options

    List your home for rent

    $1,367/mo

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    $1,367/mo

    Rent Zestimate®

    Refinance and save

    $5,681/mo

    Est. payment

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    $5,681/mo

    Est. payment

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    What's special

    Huge Investment Opportunity: With 12 rental units closely located to Northern Michigan University (lots of college students who need housing) this is a great way to expand your investments. These 12 apartments hold 17 bedrooms, 2 studios, 2 two bedrooms, 7 single bedrooms and a large 4 bedroom. On nearly 2.5 acres many tenants have their own yard, a sought-after amenity for many renters. Current tenants have a good rental history, and there has not been any trouble finding newcomers. A large, oversized shed provides space for any equipment you may want to store here. A property such as this is hard to find in Marquette, so come take a look yourself! (Additional two units that need some TLC could be made up for more income)

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 19
    • Bathrooms: 16
    Heating
    • Wall
    Features
    • Basement: Partially finished
    Interior area
    • Total interior livable area: 5,590 sqft

    Property

    Lot
    • Size: 2.38 Acres
    Details
    • Parcel number: 525200510390

    Construction

    Type & style
    • Home type: MultiFamily
    Condition
    • Year built: 1960

    Community & HOA

    Location
    • Region: Marquette

    Financial & listing details

    • Price per square foot: $162/sqft
    • Tax assessed value: $1,054,600
    • Annual tax amount: $17,321

    Price history

    DateEventPrice
    2/23/2024Listing removed$875,000$157/sqft
    Source: RE/MAX of Michigan #50126635 Report a problem
    12/28/2023Contingent$875,000$157/sqft
    Source: Upper Peninsula AOR #50126635 Report a problem
    12/12/2023Price change$875,000-7.8%$157/sqft
    Source: Upper Peninsula AOR #50126635 Report a problem
    11/27/2023Price change$949,000-5%$170/sqft
    Source: Upper Peninsula AOR #50126635 Report a problem
    11/1/2023Listed for sale$999,000+88.5%$179/sqft
    Source: Upper Peninsula AOR #50126635 Report a problem
    8/11/2022Sold$529,900$95/sqft
    Source: RE/MAX of Michigan Solds #50078525_49855 Report a problem
    7/22/2022Pending sale$529,900$95/sqft
    Source: RE/MAX of Michigan #50078525 Report a problem
    7/22/2022Contingent$529,900$95/sqft
    Source: Upper Peninsula AOR #50078525 Report a problem
    6/15/2022Listed for sale$529,900+386.1%$95/sqft
    Source: Upper Peninsula AOR #50078525 Report a problem
    4/28/1993Sold$109,000$19/sqft
    Source: Agent Provided Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$17,321 +5.1%$527,300 +50.9%
    2024$16,480 $349,400 +18%
    2023-- $296,200 +19.7%
    2022-- $247,400 +3.3%
    2021-- $239,500 +1.1%
    2019$5,181 $237,000 +16.1%
    2018-- $204,200 -0.3%
    2017$5,331 $204,800 -4.1%
    2016-- $213,600
    2015-- $213,600 +0.6%
    2014-- $212,400
    Find assessor info on the county website

    Neighborhood: 49855

    Nearby schools

    GreatSchools rating
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