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    514-516 S 15Th St Escanaba, MI 49829

    For Sale
    $159,000

    1 Story, Multi-Family - Escanaba, MI

    Property size:
    1,345 SF
    Lot size:
    0.15 Acres
    Days on Market:
    124
    Last Refresh:
    Dec 5 at 4:06 am

    Property Features for 514-516 S 15Th St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Zoning
    Multi-Family,Residential
    Rooms
    Basement, Bathroom 1, Bathroom 2, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Kitchen
    Bedrooms
    4
    Bathrooms
    2
    APN
    051-320-2930-455-005
    Patio and Porch features
    Porch, Deck
    Exterior features
    Deck, Fenced Yard, Porch, Sidewalks, Street Lights, Fence Owned
    Fencing
    Fenced
    Basement Y/N
    1
    Appliances
    Range, Refrigerator
    Size
    1,345 SF
    Lot size
    0.15 Acres

    Utilities

    Heating system
    Forced Air
    Cooling system
    Ceiling Fan(s)

    Building Details

    Year built
    1902
    Floors in Building
    1
    Number of units
    2
    Building materials
    Asphalt
    Architectural style
    Other

    Key Realty Delta County (906) 233-7455 [email protected]

    Listing agent KYLE SOLIS (906) 233-7455 License #6501447115

    Listing date Aug 4, 2025

    MLS# 50154827 Listing URL

    Copyright © 2025 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.

    Overview

    Escanaba Multi-Family Investment Opportunity

    This multi-family property features two separate houses situated on a single lot, presenting an investment opportunity. Both homes include chain link fenced-in yards, offering privacy and outdoor space, along with separate off-street parking areas. Each tenant is responsible for their own utilities. The front house has a metal roof, and the upstairs area has the potential to be converted into a third rental unit. Both houses have full basements equipped with laundry hook-ups. The property is located near schools and a short distance from the downtown area, providing convenient access to shopping, dining, and entertainment. The property, zoned for multi-family and residential use, is situated on a 0.15-acre lot. The total living area is 1345 square feet. The property is located in Escanaba, MI, in Delta County.
    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Escanaba
    County
    Delta
    State
    Michigan
    Longitude
    -87.068827487102
    Latitude
    45.740582595661

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    FAQs

    What type of property is this?
    Duplex - Two houses on one lot, great investment near downtown Escanaba.
    Where is this duplex located?
    The property is located at 514-516 S 15Th St Escanaba, MI.
    What is the asking price?
    The asking price for this property is $159,000.
    What are key features of this property?
    This property features: - Two separate houses on one lot offer a significant investment opportunity.; - Each house has a fenced-in yard and separate off-street parking.; - Tenants pay their own utilities, simplifying property management.
    (906) 233-7455
    Request Owner's contact information
    514-516 S 15Th St Escanaba, MI 49829
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    514-516 S 15Th St Escanaba, MI 49829
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