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    Marquette, MI
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    Marquette, MI Apartment Buildings for Sale

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    Negaunee, MI Gwinn, MI Palmer, MI Ishpeming, MI Skandia, MI Deerton, MI Au Train, MI Little Lake, MI
    Five-Unit Apartment Building
    Updated: Apr 30, 2025
    Five-Unit Apartment Building

    421 N Front Street, Marquette, MI 49855

    $525,000
    4,258 sqft 0.17 AC lot
    Five‑unit apartment property with four one‑bedroom units and one two‑bedroom unit
    4258 square feet on a 0.17‑acre site
    Five off‑street parking spots provided
    Basement includes separate locked storage spaces and a laundry area
    Built in 1912 with hardwood floors, porch, and deck
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    This listing looks promising.

    Here's a quick look at some key insights for

    421 N Front Street, Marquette, MI 49855

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    • Est. Cap Rate

      4.4%
      NOI ÷ price

    • Est. NOI

      $23K
      Annual

    • Price @ 7% Cap

      $329K
      Suggested
    View Property Analytics
    Luxury Waterfront Condominium Residences
    Updated: Feb 3
    Luxury Waterfront Condominium Residences

    2401 N Lakeshore Blvd, Marquette, MI 49855

    Contact for pricing
    2,095 sqft
    Premier waterfront location on Lake Superior with private access to over 500 feet of sandy beach.
    Unobstructed views of Lake Superior from large windows and private balconies/patios.
    High‑end finishes including granite/marble countertops, custom cabinetry, and stainless steel appliances in gourmet kitchens.
    Attached garage space and in‑unit laundry facilities for convenience.
    Immediate access to Marquette’s multi‑use path system and proximity to downtown.
    View details
    Based on your search, we've compiled 12 Potential Opportunities for your consideration. Besides 2 Active listings in Marquette, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 6 Off-Market properties to explore as potential leads

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    10-Unit Apartment Building on US-41
    10-Unit Apartment Building on US-41

    42280 Willson Memorial Drive, Chassell, MI 49916

    $640,000
    8,184 sqft 1.03 AC lot

    10-unit apartment building with studio through two-bedroom units, updated interiors, parking, coin laundry, and sprinkler system.

    View details
    10-Unit Apartment Building
    10-Unit Apartment Building

    42280 Willson Memorial Drive, Chassell, MI 49916

    $640,000
    8,184 sqft 1.03 AC lot

    Multifamily property with mixed unit sizes, updated interiors, tenant-controlled HVAC, coin laundry, and extensive parking.

    View details
    Six-Unit Apartment Building with Laundry Room
    Six-Unit Apartment Building with Laundry Room

    137 Lake Linden Avenue, Laurium, MI 49913

    $229,900
    3,776 sqft 0.28 AC lot

    Six-unit apartment building with on-site laundry room, public water, hot water heating, and wall/window AC units.

    View details
    Mixed-Use Apartment Building
    Mixed-Use Apartment Building

    137 Lake Linden Avenue, Laurium, MI 49913

    $229,900
    3,772 sqft 0.28 AC lot

    Six-unit mixed-use building with five one-bedroom apartments and an on-site laundry room.

    View details

    Off-Market Properties in Marquette, MI

    Consider similar Off-Market properties in Marquette, MI. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    321 Front St
    Multifamily properties

    321 Front St, Marquette, MI 49855

    Value Estimation by Request
    6,048 sqft 0.57 AC lot
    View details
    541 Spring St
    Multifamily properties

    541 Spring St, Marquette, MI 49855

    Value Estimation by Request
    1,656 sqft
    View details
    212 Rock St
    Multifamily properties

    212 Rock St, Marquette, MI 49855

    Value Estimation by Request
    2,094 sqft
    View details
    204 Fisher St
    Multifamily properties

    204 Fisher St, Marquette, MI 49855

    Value Estimation by Request
    1,749 sqft
    View details
    539 Spring St
    Multifamily properties

    539 Spring St, Marquette, MI 49855

    Value Estimation by Request
    1,152 sqft
    View details
    219 Arch St
    Multifamily properties

    219 Arch St, Marquette, MI 49855

    Value Estimation by Request
    1,760 sqft
    View details

    Marquette, MI Apartment Buildings Market Trends and Statistics

    Explore 8 apartment buildings for sale in Marquette, MI on our real estate platform. These investment opportunities span a total of 6,353 square feet of properties for sale, with an estimated market value of $525,000.

    Sale prices for two-family homes in Marquette, MI average $525,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Demographics Overview

    Population 33K
    Population Growth (5Y) +0.5%
    Median Household Income $62,321
    College Educated 61.0%

    High-Yield Neighborhoods for Investment

    Identify Marquette submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    49855 $525K

    Taxes & Financing

    Tax Rate (average for all types) 3.78%
    Property Tax per SF $59.42 per SF
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Marquette County

    New Delisted

    Total CRE Inventory on Market (SF)

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