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    Negaunee, MI
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    Negaunee, MI Multifamily Properties for Sale

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    Ishpeming, MI Marquette, MI Champion, MI Gwinn, MI Skandia, MI Republic, MI Big Bay, MI Michigamme, MI
    Updated Two-Unit Duplex
    Updated: Aug 14
    Updated Two-Unit Duplex

    309 TOBIN STREET, Negaunee, MI 49866

    $250,000
    2,569 sqft
    Two‑unit front‑and‑back duplex with 2,569 square feet
    Front unit has 3 upstairs bedrooms; rear unit has 2
    Two‑car garage plus additional off‑street parking
    New furnace in the back unit and updated electrical panel
    Newer roof and rebuilt chimneys
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    Duplex with 2-Car Garage
    Updated: Aug 3
    Duplex with 2-Car Garage

    309 Tobin Street, Negaunee, MI 49866

    $250,000
    2,569 sqft 0.17 AC lot
    2,569‑square‑foot duplex with front‑and‑back unit arrangement
    Front unit includes three upstairs bedrooms, formal dining room, and full bathroom
    Rear unit features hardwood floors, walk‑in pantry, office or den, and two upstairs bedrooms
    Two‑car garage plus additional off‑street parking
    New furnace in the back unit and updated electrical panel
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    Turnkey Restaurant & Rental Income
    Turnkey Restaurant & Rental Income

    305 Iron Street, Negaunee, MI 49866

    $750,000
    5,356 sqft

    Established restaurant and bar with five rental units in Negaunee.

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    Realmo Analytics Monitor Off-market properties and contact owners who are ready to sell. Many signals applied to make quality leads for you. Get Leads
    Based on your search, we've compiled 7 Potential Opportunities for your consideration. Besides 3 Active listings in Negaunee, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Duplex with Four-Season Porch
    Duplex with Four-Season Porch

    493 Jasper Street, Ishpeming, MI 49849

    $214,900
    1,655 sqft 0.36 AC lot

    Two renovated apartments offer a two-bedroom lower unit and a one-bedroom upper unit in Ishpeming.

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    Two-Unit Duplex with Garage
    Two-Unit Duplex with Garage

    224 W HEWITT AVENUE, Marquette, MI 49855

    $379,900
    2,236 sqft

    Each floor has a kitchen, full bath, and a layout configured for one or two bedrooms.

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    Duplex with Separate Utilities
    Duplex with Separate Utilities

    708 Bank, Ishpeming, MI 49849

    $150,000

    Two-unit property with improvements to electrical, roofing, windows, plumbing, and mechanical systems.

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    Updated Mixed-Use Building
    Updated Mixed-Use Building

    519 W Washington St, Marquette, MI 49855

    Contact for pricing
    3,522 sqft

    Mixed-use property with a high-visibility storefront and two residential units, plus a basement steam room and back parking.

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    Negaunee, MI Multifamily Properties Market Trends and Statistics

    Explore 3 multifamily properties for sale in Negaunee, MI, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 10,494 square feet of properties for sale, with an estimated market value of $1,250,000.

    Sale prices for multifamily properties in Negaunee, MI start at $250,000, averaging $416,666, and reaching up to $750,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Duplexes 2
    Apartment buildings 1

    Demographics Overview

    Population 8,228
    Population Growth (5Y) +1.7%
    Median Household Income $83,433
    College Educated 42.4%

    High-Yield Neighborhoods for Investment

    Identify Negaunee submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    49866 $423.3K

    Taxes & Financing

    Tax Rate (average for all types) 4.64%
    Property Tax per SF $81.75 per SF
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Marquette County

    New Delisted

    Total CRE Inventory on Market (SF)

    How Realmo verifies these figures

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