517 S 9th Street, Escanaba, MI 49829
DUPLEX - Conventional - Escanaba, MI
- Added:
- Mar 12, 2026
- Days on Market:
- 93
- Last Refresh:
- Jun 12 at 11:06 am
Property Features for 517 S 9th Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 4
- Bathrooms
- 4
- Rooms
- Bedroom 3, Game Room, Dining Room, Bathroom 1, Bedroom 4, Bedroom 1, Bathroom 3, Bathroom 4, Basement, Bedroom 2, Bathroom 2
- Interior features
- Wet Bar/Bar, Furnished
- Exterior features
- Exterior Balcony, Fenced Yard
- Fencing
- Fenced
- Appliances
- Central Vacuum, Dryer, Freezer, Microwave, Range/Oven, Refrigerator, Washer
- Standard status
- Active
- Size
- 2,735 SF
- Lot size
- 0.16 Acres
Taxes and HOA fees
- Tax Year
- 2025
Utilities
- Heating system
- Oil
- Cooling system
- Wall/Window Unit(s)
- Water source
- Public
Building Details
- Year built
- 1895
- Floors in Building
- 2
- Architectural style
- Conventional
Listing agent KATHLEEN SULLIVAN License #6501439551 (906) 399-3285
Listing office KEY REALTY DELTA COUNTY LLC 928 N Lincoln Road, Escanaba, MI (906) 233-7455
Listing date Mar 12, 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
- Nicely updated duplex built in 1895 on Escanaba’s southside
- Lower unit: 2 bedrooms, 1.5 baths, living room, large eat‑in kitchen, heated sunken tub in full bath, bright sunroom
- Upper unit: 2 bedrooms, 1 full bath, living room and kitchen, plus private exterior balcony deck
- Separate entrances plus each unit has its own boiler system, electrical box, and water heater
- Basement includes shared laundry, workshop area, heated recreation room, and additional storage plus a half bath
- Updates include electrical, plumbing, windows, flooring, and roof (2018); wall A/C, central vacuum, and a fenced yard with private well for watering
Overview
The property is located on the south side of Escanaba, close to schools, shopping, dining, and parks. It includes a garage with one overhead door, currently set up for parking, with potential to convert to a two-car configuration by adding an additional door. Extra parking is available beside the garage, along with a small patio and grassy backyard area. The home also has a private well for watering the yard.
For buyers seeking either investment income or owner-occupancy, the duplex is set up with separate boiler systems, electrical boxes, and water heaters for each unit. Updates noted include electrical, plumbing, windows, flooring, and roof work completed in 2018, supporting a turnkey feel. The seller occupies the lower unit while the upper unit is rented, providing rental income in place at the time of sale.
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 | $27.9k | $10.20 |
| − Vacancy | −$2.1k | −$0.77 |
| EGI | $25.8k | $9.44 |
| − OpEx | −$7.7k | −$2.83 |
| NOI | $18.1k | $6.60 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Escanaba
- County
- Delta
- State
- Michigan
- Longitude
- -87.059341
- Latitude
- 45.740163
