Unique investment property in City of Marquette. 4 plex - townhouses located in south Marquette. Features (2) - 3 bedroom units and (2) - 4 bedroom units. All units have their own basement and laundry. 4 bedroom units have 1.5 baths. All units have dishwashers. All units have leases until May 2026. Total monthly income from rents: $8,490.00. Owner pays water/sewer/garbage, community wifi, lawn care/snow removal. Tenants pay electric and natural gas. Large paved parking lot with ample parking for tenants and guests. Cap rate of 8.5 which is unheard of in the City of Marquette in recent years.
Active
$845,000
750-752 Anderson St #754, Marquette, MI 49855
14beds
4,608sqft
Est.:
Multi Family
Built in 1975
-- sqft lot
$805,800 Zestimate®
$183/sqft
$-- HOA
What's special
Own basementLarge paved parking lot
- 16 days
- on Zillow |
- 734 |
- 40 |
Zillow last checked: 7 hours ago
Listing updated: April 11, 2025 at 07:11pm
Listed by:
LEE HAYNES,
SELECT REALTY 906-228-2772
Source: Upper Peninsula AOR,MLS#: 50171104
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: 14
- Bathrooms: 6
- Full bathrooms: 4
Rooms
- Room types: Living Room
Bathroom
- Features: First Flr Bath Lav/Half
Dining room
- Features: Formal Dining Room
Heating
- Forced Air
Cooling
- None
Appliances
- Included: Dishwasher, Dryer, Range/Oven, Refrigerator, Washer, Gas Water Heater
Features
- Walk-In Closet(s)
- Basement: Block
- Has fireplace: No
Interior area
- Total structure area: 4,608
- Total interior livable area: 4,608 sqft
Video & virtual tour
Property
Parking
- Total spaces: 3
- Parking features: 3 or More Spaces
Features
- Levels: Two
- Stories: 2
- Patio & porch: Porch
- Waterfront features: None
- Frontage length: 150
Lot
- Size: 10,454.4 Square Feet
- Features: Subdivision
Details
- Additional structures: Shed(s)
- Zoning description: Mixed Use
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Conventional Frame
- Property subtype: Multi Family
Materials
- Foundation: Basement
Condition
- Year built: 1975
Utilities & green energy
- Electric: 100 Amp Service
- Gas: Natural Gas
- Sewer: Public Sanitary
- Water: Public
- Utilities for property: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected, Internet Spectrum
Community & HOA
Community
- Features: Wi-Fi Available
- Subdivision: none
HOA
- Services included: Maintenance Grounds, Snow Removal, Trash, Water
Location
- Region: Marquette
Financial & listing details
- Price per square foot: $183/sqft
- Date on market: 4/10/2025
- Listing terms: 1031 Exchange
- Ownership: LLC
- Lease term: Lease Term 1-2 Years
- Total actual rent: 8490
- Electric utility on property: Yes
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