Seize this exceptional investment opportunity just a few blocks north of Washington Street in the heart of downtown Marquette, offering outstanding visibility and long-term demand. This well-located 4-unit apartment building, accessible from W Arch Street, checks all the boxes for a strong income-producing asset. The property features four well-laid-out one-bedroom units, providing a reliable and steady revenue stream. A full oversized basement offers abundant storage and added functionality, while off-street parking enhances tenant convenience and overall appeal. The property also includes garage space that can be utilized for additional storage, tenant parking, or even a private workshop area for an owner-occupant. One of the units is currently vacant and undergoing renovation, creating an excellent opportunity for an owner-occupant, short-term flexibility, or the ability to set a new market-rate rental. Whether you’re looking to expand your portfolio or live close to downtown while generating income from the remaining units, this property offers multiple possibilities. Located just minutes from downtown Marquette’s restaurants, shopping, and waterfront amenities, this property combines convenience, rental demand, and investment potential in one highly desirable location. With its prime setting, strong rental history, and income stability, this is a rare opportunity to own a multi-unit property in one of Marquette’s most sought-after areas. Don’t miss your chance to add a high-performing asset to your portfolio.
507 days
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549
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22
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Zillow last checked:
Listing updated:
Listed by:
TERRY HUFFMAN906-360-2505,
RE/MAX 1ST REALTY906-225-1136
Source: MiRealSource,MLS#: 50167159Originating MLS: Upper Peninsula Assoc of Realtors
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Facts & features
Interior
Bedrooms & bathrooms
Bedrooms: 5
Bathrooms: 4
Full bathrooms: 4
Kitchen
Features: Eat-in Kitchen
Heating
Hot Water, Radiant
Appliances
Included: Range/Oven, Refrigerator, Gas Water Heater
Features
Basement: Full
Has fireplace: No
Interior area
Total structure area: 3,040
Total interior livable area: 3,040 sqft
Property
Parking
Total spaces: 3
Parking features: 3 or More Spaces, Driveway, Detached
Garage spaces: 2
Features
Levels: Two
Stories: 2
Patio & porch: Patio, Porch
Exterior features: Sidewalks, Street Lights, Garden
Waterfront features: None
Lot
Size: 7,405 Square Feet
Dimensions: 85 x 50 + 50 x 100
Features: Sidewalks, Corner Lot
Details
Parcel number: 525200181560
Zoning: Multi Family MFR ZB12
Zoning description: Multi-Family
Special conditions: Private
Construction
Type & style
Home type: MultiFamily
Architectural style: Conventional Frame
Property subtype: Multi Family
Materials
Foundation: Basement
Condition
Year built: 1900
Utilities & green energy
Gas: Natural Gas
Sewer: Public Sanitary
Water: Public
Utilities for property: Cable Available, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected
Community & HOA
Community
Features: Sidewalks, Street Lights, Private Entry, Wi-Fi Available
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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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