Exceptional Investment Opportunity – 5 Fully Rented Homes on Two City Lots! Looking to expand your investment portfolio? This unique property features five single-family homes, all fully rented and generating steady income. With a total of five rental units, this is a rare chance to secure a solid, income-producing asset. Property Highlights: Total Monthly Income: $3,670 All tenants on month-to-month leases for flexibility Separate meters for each unit, simplifying utility management Recent updates include a new roof, updated vanities, new flooring, and modern toilets in select units Rental Income Breakdown: 208 – Rents for $400/month (no utilities included) 210 – Rents for $755/month (no utilities included) 212 – Rents for $855/month (no utilities included) 214 – Rents for $830/month (no utilities included) 214 1/2 – Rents for $830/month (no utilities included) With long-term tenants in place, this investment offers both stability and strong cash flow. Don’t miss out on this one-of-a-kind opportunity—schedule a showing today!
Active
Price cut: $24K (3/26)
$225,900
208-214 1/2 15th St N, Escanaba, MI 49829
10beds
3,468sqft
Est.:
Multi Family
Built in 1900
-- sqft lot
$-- Zestimate®
$65/sqft
$-- HOA
What's special
- 93 days
- on Zillow |
- 623 |
- 29 |
Zillow last checked: 7 hours ago
Listing updated: March 26, 2025 at 01:28pm
Listed by:
TAMMY GARLING,
KEY REALTY DELTA COUNTY LLC 906-233-7455
Source: Upper Peninsula AOR,MLS#: 50165137
Originating MLS: Upper Peninsula Assoc of Realtors

Travel times
Tour with a buyer’s agent
Tour with a buyer’s agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 10
- Bathrooms: 5
- Full bathrooms: 5
Heating
- Forced Air
Cooling
- None
Appliances
- Included: Range/Oven, Refrigerator, Electric Water Heater
Features
- Basement: Block,Crawl Space
- Has fireplace: No
Interior area
- Total structure area: 3,468
- Total interior livable area: 3,468 sqft
Property
Parking
- Total spaces: 3
- Parking features: 3 or More Spaces
Features
- Levels: One
- Stories: 1
- Waterfront features: None
- Frontage length: 100
Lot
- Size: 0.32 Acres
- Dimensions: 100 x 140
- Features: Walk to School
Details
- Zoning description: Mixed Use,Multi-Family
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Raised Ranch
- Property subtype: Multi Family
Materials
- Foundation: Basement
Condition
- Year built: 1900
Utilities & green energy
- Electric: 100 Amp Service
- Gas: Natural Gas
- Sewer: Public At Street, Public Sanitary
- Water: Public, Public Water at Street
- Utilities for property: Cable Available, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected
Community & HOA
Community
- Features: Sidewalks, Street Lights
- Subdivision: NONE
Location
- Region: Escanaba
Financial & listing details
- Price per square foot: $65/sqft
- Annual tax amount: $4,470
- Date on market: 1/23/2025
- Listing terms: Cash,Conventional
- Ownership: Private
- Total actual rent: 3670
- Electric utility on property: Yes
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