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Property profile & analytics
OFF-MARKET
Apartment buildings

541 Spring St Marquette, MI 49855

1,656 SF
Property ID
US43-2095710
Property summary
AI-generated overview

This exceptional investment opportunity presents a fully rented duplex located at 541 W Spring St, Marquette, MI 49855. The property, classified as a Class C multifamily building, boasts a total of 1,656 square feet and comprises two separate apartment units. The upper unit features two bedrooms and one bathroom, while the lower unit offers two bedrooms and two bathrooms. This desirable location places the property in close proximity to Marquette's downtown area and the local hospital, ensuring high occupancy rates and strong rental demand. The asking price for this turnkey investment is $240,000. Showings are available Wednesdays through Fridays, between 3:30 PM and 8:00 PM. Note that an adjacent duplex is also available for purchase (MLS#50150811). This property represents a compelling addition to any investment portfolio, offering immediate cash flow and significant long-term potential in a thriving Michigan community. The property's convenient location and well-maintained condition make it an attractive option for both seasoned investors and those new to the market. Serious inquiries are encouraged to schedule a viewing and explore this lucrative investment opportunity further.

Property profile
Verified
Property type Apartment buildings
Total area 1,656 SF
UPID US43-2095710
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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