1114 S 1st Avenue, Escanaba, MI 49829
MULTI_FAMILY - Escanaba, MI
- Added:
- Feb 26, 2026
- Days on Market:
- 110
- Last Refresh:
- Jun 16 at 7:06 pm
Property Features for 1114 S 1st Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 5
- Bathrooms
- 2
- Rooms
- Bedroom 2, Bedroom 3, Basement, Bathroom 1, Bathroom 2, Bedroom 1, Bedroom 5, Bedroom 4
- Fireplace
- 1
- Standard status
- Active
- Size
- 2,570 SF
- Lot size
- 0.18 Acres
Utilities
- Heating system
- Forced Air
- Water source
- Public
Building Details
- Year built
- 1900
- Floors in Building
- 2
- Number of units
- 2
- Architectural style
- Other
Listing agent CRYSTAL BARR BERGLUND License #6502388666 (906) 360-2948
Listing office KELLER WILLIAMS NORTHERN MICHIGAN 830 E Front Street Suite 110, Traverse City, MI (231) 947-8200
Listing date Feb 26, 2026
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.
HighLights
- Duplex with two units: main floor 2‑bedroom/1‑bath and second floor 3‑bedroom/1‑bath
- Over 2,500 sq ft of living area with bright main‑floor living space and kitchen/dining flow
- Second level includes a family room with electric fireplace and three bedrooms plus a full bath
- Basement has high ceilings and large windows and could be finished as a third unit or used for storage
- Deep lot with a large backyard and a two‑car detached garage with plowed alley access
- Public water; forced‑air heating; year built 1900; includes walk‑up attic for additional space
Overview
The property sits on a deep lot with a large backyard and a detached two-car garage. Garage access is provided by a plowed alley. Located in Escanaba, it is described as being just blocks from downtown shopping, local dining, and schools, and only minutes from Ludington Park and the Lake Michigan sand beach, with access to nearby historic lighthouse and marina areas.
For tenants and owner-operators, the duplex configuration supports separate household layouts across two floors, with flexibility for expanding usable space through the attic and basement. The detached garage and deep yard provide practical everyday storage and outdoor space, while the alley access supports convenient vehicle parking.
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $26.2k | $10.20 |
| − Vacancy | −$2.0k | −$0.77 |
| EGI | $24.2k | $9.44 |
| − OpEx | −$7.3k | −$2.83 |
| NOI | $17.0k | $6.60 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Escanaba
- County
- Delta
- State
- Michigan
- Longitude
- -87.063524
- Latitude
- 45.744844
