310 N 18th Street Escanaba, MI 49829
MULTI_FAMILY - Conventional - Escanaba, MI
- Added:
- Apr 8, 2026
- Days on Market:
- 97
- Last Refresh:
- Jul 13 at 5:06 am
Property Features for 310 N 18th Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 4
- Bathrooms
- 2
- Rooms
- Bedroom 4, Bathroom 2, Bathroom 1, Bedroom 1, Bedroom 2, Basement, Bedroom 3
- Appliances
- Refrigerator
- 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 agent JEAN FULTON License #6506031220 (906) 420-5444
Listing office COLDWELL BANKER SCHMIDT ESCANABA 110 N 13TH STREET, ESCANABA, MI (906) 786-5972
Listing date Apr 8, 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.
Investment Insights
Based on property information with market context.
The property is located at 310 N 18th Street in Escanaba, Michigan (Delta County). City certified both units vacant recently, which can simplify transitioning the property to a new owner and future occupancy planning. The garage is currently described as having been used for toy storage only due to a small door, with noted opportunity to update it for a larger opening.
For buyers, this layout can fit traditional two-unit ownership needs given the existing duplex configuration and storage-focused interior design. It also presents flexibility for occupants or investors who prefer a single-family setup, supported by the original staircase between floors. With a yard, parking, basement storage, and unit-level storage features, the property may appeal to tenants and households that value organized space inside and out.
Key Highlights
- Duplex/2‑unit investment property with a large yard and plenty of parking
- Original staircase between floors allows potential use as a single‑family home
- Each unit includes substantial storage; lower unit has a large pantry
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 | $16.9k | $10.20 |
| − Vacancy | −$1.3k | −$0.77 |
| EGI | $15.7k | $9.44 |
| − OpEx | −$4.7k | −$2.83 |
| NOI | $11.0k | $6.60 |
