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    Negaunee, MI
    Multifamily

    Negaunee, MI Multifamily Properties for Sale

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

    309 TOBIN STREET, Negaunee, MI 49866

    $260,000
    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

    $260,000
    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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    See what stands out in Marquette County

    We check every for-sale listing in the county against comparable properties across the country. Most price about where you would expect. A few are worth a second look.

    We check every listing here. A few are worth a second look.

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    Vacation Rental Property with Spa
    Vacation Rental Property with Spa

    586 US Hwy 41, Negaunee, MI 49866

    Contact for pricing

    Nearly 5 acres with 340 feet of frontage along US Hwy 41, plus remodeled living space, spa/salon, and an insulated garage.

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    Based on your search, we've compiled 8 Potential Opportunities for your consideration. Besides 4 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.

    Updated Duplex with Off-Street Parking
    Updated Duplex with Off-Street Parking

    493 Jasper Street, Ishpeming, MI 49849

    $229,000
    1,655 sqft 0.36 AC lot

    Two residential units offer separate layouts, recent improvements, and shared outdoor space in a remodeled property.

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    Five-Unit Apartment Building
    Five-Unit Apartment Building

    421 N Front Street, Marquette, MI 49855

    $525,000
    4,258 sqft 0.17 AC lot

    One- and two-bedroom layouts include basement storage, laundry facilities, and five off-street parking spaces.

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    Two-Unit Duplex Near Downtown
    Two-Unit Duplex Near Downtown

    630 Wabash, Ishpeming, MI 49849

    $191,500

    Two residential units offer distinct layouts, including a two-bedroom main-floor apartment and a one-bedroom upper-level apartment.

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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 4 multifamily properties for sale in Negaunee, MI, showcased through 4 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 $1,270,000.

    Sale prices for multifamily properties in Negaunee, MI start at $260,000, averaging $423,333, 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 3
    Apartment buildings 1
    Short term rental properties 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)

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