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Two-Home Duplex Property
For Sale
Under Contract
$140,000

509 S 1st Avenue, Escanaba, MI 49829

MULTIFAMILY, 2 Story, Escanaba, MI

Property Size2,922 SF
Lot Size0.18 Acres
Price / SF$47.91
Days on Market93

Property Features for 509 S 1st Avenue

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 7
Bathrooms 3
Full bathrooms 3
Rooms Bathroom 3, Bedroom 5, Bedroom 2, Bedroom 4, Bedroom 6, Bedroom 3, Bathroom 2, Basement, Bedroom 7, Bathroom 1, Bedroom 1
Parking features Garage, On Street
Exterior features Fenced Yard, Sidewalks, Street Lights
Fencing Fenced
Fireplace 1
Appliances Dishwasher, Range/Oven, Refrigerator, Washer
Elementary school district Escanaba Area Public Schools
Middle school district Escanaba Area Public Schools
High school district Escanaba Area Public Schools
Subdivision Escanaba (21010)
Standard status Active Under Contract
Size 2,922 SF
Lot size 0.18 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 2876

Utilities

Heating system Forced Air
Cooling system Ceiling Fan(s)
Water source Public

Amenities

fenced in yard

Building Details

Year built 1902
Floors in Building 2
Number of units 2
Architectural style Other
Listing Agency: PREMIER REAL ESTATE, INC.
Listed By: AMBER GUTIERREZ
Added: Jun 8 Changed: Sep 7 Last Checked: Sep 8 at 11:06AM
MLS# 50210540

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 duplex property includes two separate residences on a 0.18-acre parcel, totaling 2,922 square feet. The first residence has 4 bedrooms and 2 bathrooms, while the second includes 3 bedrooms and 1 bathroom, for a combined total of 7 bedrooms and 3 bathrooms. A fenced yard, shared 2-car garage, and on-street parking support the property’s residential configuration. Additional features include a basement, forced-air heating, ceiling fans, public water, dishwasher, range/oven, refrigerator, and washer.

Located in Escanaba, the property is near the shores of Lake Michigan and includes sidewalks and street lights. Built in 1902, the residences offer a two-unit setup with separate homes on a single parcel.

Key Highlights

  • Two separate residences on one 0.18‑acre parcel
  • 2,922 square feet with 7 bedrooms and 3 bathrooms combined
  • First residence includes 4 bedrooms and 2 bathrooms

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Grocery & Convenience Store Plumbing Service Barber Shop Furniture & Home Goods Computer & Electronic Repair Electrical Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

514
Businesses Nearby

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

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Frequently Asked Questions

What type of property is this?
Duplex - Two residences occupy one parcel with a fenced yard, shared garage parking, and access to on-street parking.
Where is this duplex located?
The property is located at 509 S 1st Avenue Escanaba, MI.
What is the asking price?
The asking price for this property is $140,000.
What are key features of this property?
This property features: Two separate residences on one 0.18‑acre parcel; 2,922 square feet with 7 bedrooms and 3 bathrooms combined; First residence includes 4 bedrooms and 2 bathrooms
More about this property
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