Four-Unit Multifamily
For Sale
$325,000
N5504 N Eben Road, Eben Junction, MI 49825
Four residential units include furnished seasonal rentals, an owner-occupied unit, and a long-term tenancy.
Property Size4,024 SF
Price / SF$80.77
Days on Market418
Property Features for N5504 N Eben Road
General Information
Standard status
Active
Size
4,024 SF
Property subtype
Residential Income
Site & Location
Highway Access
Yes
Utilities to Site
Yes
Additional Details
Multifamily Units
4
Taxes and HOA fees
Annual Taxes
$3,879
Listing Agency:
KELLER WILLIAMS NORTHERN MICHIGAN
(906) 360-2948
Listed By:
CRYSTAL BARR BERGLUND · License #6502388666
(906) 360-2948
Source:
Exprealty
Added: Jul 10, 2025
Changed: Aug 31
Last Checked: Aug 31 at 6:53PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of KELLER WILLIAMS NORTHERN MICHIGAN
Investment Insights
Based on property information with market context.
This multifamily property contains four residential units within a 4,024-square-foot building. Units 1 and 4 are furnished for short-term summer stays and are leased for nine-month winter terms. Unit 3 is owner occupied, while Unit 2 has a long-term tenant with 10 years of occupancy.
The property sits on almost an acre with ample parking and convenient access to M94. Its position between Marquette, Munising, and Escanaba provides access to regional day-trip destinations, while the Eben Ice Caves and a snowmobile trail are nearby. Dining options are within walking distance. A 24x80 outbuilding includes a one-car garage door and provides cold-storage space. Township water, natural gas, and high-speed internet are available at the property.
The property sits on almost an acre with ample parking and convenient access to M94. Its position between Marquette, Munising, and Escanaba provides access to regional day-trip destinations, while the Eben Ice Caves and a snowmobile trail are nearby. Dining options are within walking distance. A 24x80 outbuilding includes a one-car garage door and provides cold-storage space. Township water, natural gas, and high-speed internet are available at the property.
Key Highlights
- Four residential units with varied occupancy, including two furnished seasonal rentals
- 4,024‑square‑foot building on almost an acre
- Units 1 and 4 operate as short‑term rentals during summer and use 9‑month winter terms
Property Analytics
Current Use
Lease Details
4
Residential units
Yes
Highway access
Yes
Utilities to site
Location Intelligence
Demographics for 49825, MI
347
Population
152
Households
2.3
Avg Household Size
47
Median Age
26%
College-Educated
95%
High-School Grad
26.2 sq mi
ZIP Area
13
Density / Sq Mi
$72,679
Median Household Income
$40,875
Median Earnings
$208,000
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
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Frequently Asked Questions
What type of property is this?
Multifamily property - Four residential units include furnished seasonal rentals, an owner-occupied unit, and a long-term tenancy.
Where is this multifamily property located?
The property is located at N5504 N Eben Road Eben Junction, MI.
What is the asking price?
The asking price for this property is $325,000.
What are key features of this property?
This property features: Four residential units with varied occupancy, including two furnished seasonal rentals; 4,024‑square‑foot building on almost an acre; Units 1 and 4 operate as short‑term rentals during summer and use 9‑month winter terms
