Two-Unit Duplex with
For Sale
$129,900
310 N 18th Street, Escanaba, MI 49829
MULTIFAMILY, 2 Story, Escanaba, MI
Property Size1,661 SF
Lot Size0.14 Acres
Price / SF$78.21
Days on Market182
Property Features for 310 N 18th Street
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning description
Residential
Bedrooms
4
Bathrooms
2
Full bathrooms
2
Rooms
Bathroom 2, Bedroom 4, Bedroom 3, Basement, Bathroom 1, Bedroom 1, Bedroom 2
Appliances
Refrigerator
Subdivision
Smith-Dunlap Add
Elementary school district
Escanaba Area Public Schools
Middle school district
Escanaba Area Public Schools
High school district
Escanaba Area Public Schools
Standard status
Active
Size
1,661 SF
Lot size
0.14 Acres
Taxes and HOA fees
Tax Year
2026
Tax Annual Amount
1883
Utilities
Heating system
Forced Air, Floor Furnace
Water source
Public
Building Details
Year built
1905
Floors in Building
2
Number of units
2
Architectural style
Conventional
Listing Agency:
COLDWELL BANKER SCHMIDT ESCANABA
(906) 786-5972
Listed By:
JEAN FULTON · License #6506031220
(906) 420-5444
Added: Apr 8
Changed: Sep 13
Last Checked: Oct 6 at 12:06PM
MLS# 50203727
Copyright © 2026 Upper Peninsula Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This conventional duplex contains 1,661 square feet on a 0.14-acre lot and was built in 1905. The lower residence includes a large pantry, basement storage, and a laundry setup, while the upper residence provides three storage areas and an oversized entry area. An original staircase connects the two floors, offering a physical feature that supports combined use of the levels. The property also includes a garage with a small door, refrigerator, forced-air heat, floor furnace heat, and public water service.
Both units were recently vacant and city certified. The basement adds practical storage capacity, while the yard and available parking support the two-unit layout. The property is located in Escanaba, MI 49829.
Both units were recently vacant and city certified. The basement adds practical storage capacity, while the yard and available parking support the two-unit layout. The property is located in Escanaba, MI 49829.
Key Highlights
- Two‑unit duplex with 1,661 square feet of building area
- 0.14‑acre lot with a good‑sized yard and plenty of parking
- Original staircase connects the two floors
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$10,970
Cap Rate
8.44%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$219,400
$219.4K
Cap Rate 7%
$156,714
$156.7K
Cap Rate 9%
$121,889
$121.9K
Market Conditions
NOI Build-Up for 1,661 SF
Gross rent
$16.9K $10.20/SF
− Vacancy
−$1.3K −$0.77/SF
EGI
$15.7K $9.44/SF
− OpEx
−$4.7K −$2.83/SF
NOI
$11.0K $6.60/SF
Area
Delta County, MI
Vacancy
7.50%
Lease Rate
$10.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$219,400
Cap Rate 7%
$156,714
Cap Rate 9%
$121,889
Alternative Uses
Best Use
Multifamily LT 5
$156.7K
$137.1K – $182.8K
NOI $10,970 @ 7.0% cap · market cap 8.44%
Second Best
Apartment 5plus
$145.6K
$127.4K – $169.9K
NOI $10,195 @ 7.0% cap · market cap 7.85%
Theoretical Best
Office A
$325.2K
$284.5K – $379.4K
NOI $22,761 @ 7.0% cap · market cap 17.52%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
766
Businesses Nearby
Explore this area
Business Placement
Demographics for 49829, MI
17,009
Population
8,729
Households
1.9
Avg Household Size
45
Median Age
19%
College-Educated
90%
High-School Grad
66.8 sq mi
ZIP Area
255
Density / Sq Mi
$45,808
Median Household Income
$31,366
Median Earnings
$667
Median Rent
$139,000
Median Home Value
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Market
Vacancy Rate% for Multifamily in Midwest region
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Frequently Asked Questions
What type of property is this?
Duplex - Vacant two-unit property with separate living areas, extensive storage, basement laundry, and a garage.
Where is this duplex located?
The property is located at 310 N 18th Street Escanaba, MI.
What is the asking price?
The asking price for this property is $129,900.
What are key features of this property?
This property features: Two‑unit duplex with 1,661 square feet of building area; 0.14‑acre lot with a good‑sized yard and plenty of parking; Original staircase connects the two floors
