Marquette County, MI Residential Income Properties for Sale

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Updated: Sep 18, 2025

Turnkey Restaurant & Rental Income

305 Iron Street, Negaunee, MI 49866

$750,000

5,356 sqft

Turnkey restaurant and bar (Jackson’s Pit) with established business and loyal customer base.
Includes valuable Class C liquor license, Sunday Sales permit, and additional bar license for outdoor events.
Located in Negaunee's revitalized downtown Social District, benefiting from high visibility and foot traffic.
Features five residential rental units on the second floor, providing immediate passive income.
Opportunity to increase rental income from the apartments for added value.

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This listing looks promising.

Here's a quick look at some key insights for

305 Iron Street, Negaunee, MI 49866,

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Est. Cap Rate

8.8%
Above avg (5.9%)
Est. NOI

$66K
Annual
Price @ 7% Cap

$939K
Above asking
Last Sold

Aug 2013
$175K
Property Type

Commercial (General)
Built 1890

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Updated: Jul 22

Duplex with Detached Two-Car Garage

326 W Barnum Street, Ishpeming, MI 49849

$155,000

1,716 sqft 0.11 AC lot

Detached two‑car garage
Two units with two bedrooms and one full bathroom each
1,716 square feet on 0.11 acres
Built in 1880
Steam heating with ceiling fan cooling support

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Duplex with Two-Car Garage

309 Tobin Street, Negaunee, MI 49866

$270,000

2,569 sqft 0.17 AC lot

Front and rear units offer distinct living spaces, off-street parking, and several recent mechanical and building updates.

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Partially Remodeled Apartment Building

530 Mitchell Street, Gwinn, MI 49841

$450,000

38,997 sqft 19.38 AC lot

Partially remodeled former school building configured for multiple living spaces, with public water and covered parking on a 19.38-acre parcel.

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Partially Remodeled School Building

530 Mitchell Street, Gwinn, MI 49841

$450,000

38,997 sqft 19.38 AC lot

Multi-wing facility with residential configurations, a gymnasium, classrooms, garage, storage, and group meeting areas.

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Duplex with In-Unit Washer/Dryer

321 E Michigan Street, Marquette, MI 49855

$347,000

1,777 sqft 0.34 AC lot

East side Marquette duplex offering a 1-bedroom and 2-bedroom unit, with in-unit washer/dryer and all utilities included.

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Duplex With Attached One-Car Garages

503-505 Liberator Street, Gwinn, MI 49841

$159,900

3,292 sqft 0.30 AC lot

Duplex in Gwinn, MI on a 0.3-acre lot with full basements, attached one-car garages, and 200-amp updated electrical.

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Luxury Waterfront Condominium Residences

2401 N Lakeshore Blvd, Marquette, MI 49855

Contact for pricing

2,095 sqft

Exclusive condominium development on Lake Superior with modern interiors.

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Five-Plex Apartment Building with Basement Storage

421 N Front Street, Marquette, MI 49855

$525,000

4,258 sqft 0.17 AC lot

Five-plex with a one- to two-bedroom mix, hardwood floors, basement laundry and locked storage, plus off-street parking.

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Duplex with Direct Basement Access

404 S 3rd Street, Ishpeming, MI 49849

$174,900

1,782 sqft 0.08 AC lot

South Ishpeming duplex with two two-bedroom, one-bath units, forced-air heat, and separate covered porch and rear deck.

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Updated Mixed-Use Building

519 W Washington St, Marquette, MI 49855

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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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Duplex with Private Entrances

315 Tobin Street, Negaunee, MI 49866

$239,900

2,078 sqft 0.14 AC lot

Each unit offers a two-bedroom, two-bath layout with private entrances, radiant space heating, and in-unit laundry in the lower unit.

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Adult Foster Care and Hospitality Property

101 Kirkpatrick Avenue, Palmer, MI 49871

$345,000

5,200 sqft 0.25 AC lot

Licensed adult foster care home with multi-level living space and a heated attached garage on a corner lot with paved access.

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Vacation Rental Property with Spa

586 US Hwy 41, Negaunee, MI 49866

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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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Commercial Land with Multi-Street Frontage

2100 W US 41 Highway, Marquette, MI 49855

$3,700,000

2.20 AC lot

More than two acres on the US 41 corridor with multiple street frontages and existing office and residential structures.

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Versatile Commercial Building

798 E US 41 Highway, Negaunee, MI 49866

$169,900

1,181 sqft 0.27 AC lot

Commercially zoned property with a flexible main-floor layout and an unfinished basement for storage.

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Mixed-Use Office and Retail Building

1224 Division, Marquette, MI 49855

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Building includes an office or retail space plus a studio apartment on the second floor with on-site parking and a garage.

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Based on your search, we've compiled Potential Opportunities for your consideration. Besides 17 Active Listings in Marquette County, MI, we suggest to view alternatives - similar 13 Off-Market properties to explore as potential leads.

Off-Market Properties in Marquette County, MI

Consider similar Off-Market properties in Marquette County, MI. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

Multifamily properties

321 Front St, Marquette, MI 49855

Value Estimation by Request

6,048 sqft 0.57 AC lot

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Multifamily properties

541 Spring St, Marquette, MI 49855

Value Estimation by Request

1,656 sqft

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Land

725 County Road Hq, Marquette, MI 49855

Value Estimation by Request

69.35 AC lot

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Multifamily properties

212 Rock St, Marquette, MI 49855

Value Estimation by Request

2,094 sqft

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Land

0 Tbd Co Rd, Champion, MI 49814

Value Estimation by Request

21.80 AC lot

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Land

0 Highland Dr, Ishpeming, MI 49849

Value Estimation by Request

3.61 AC lot

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Land

492 Co Rd, Negaunee, MI 49855

Value Estimation by Request

17.00 AC lot

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Marquette County, MI Residential Income Properties Market Trends and Statistics

Explore 30 residential income properties for sale in Marquette County, MI, showcased through 17 active listings on our real estate platform. These investment opportunities span a total of 112,820 square feet of properties for sale, with an estimated market value of $7,736,600.

Sale prices for residential income properties in Marquette County, MI start at $155,000, averaging $595,123, and reaching up to $3,700,000 — 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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Marquette County, MI Residential Income Properties for Sale

305 Iron Street, Negaunee, MI 49866

326 W Barnum Street, Ishpeming, MI 49849

309 Tobin Street, Negaunee, MI 49866

530 Mitchell Street, Gwinn, MI 49841

530 Mitchell Street, Gwinn, MI 49841

321 E Michigan Street, Marquette, MI 49855

503-505 Liberator Street, Gwinn, MI 49841

2401 N Lakeshore Blvd, Marquette, MI 49855

421 N Front Street, Marquette, MI 49855

404 S 3rd Street, Ishpeming, MI 49849

519 W Washington St, Marquette, MI 49855

315 Tobin Street, Negaunee, MI 49866

101 Kirkpatrick Avenue, Palmer, MI 49871

586 US Hwy 41, Negaunee, MI 49866

2100 W US 41 Highway, Marquette, MI 49855

798 E US 41 Highway, Negaunee, MI 49866

1224 Division, Marquette, MI 49855

Off-Market Properties in Marquette County, MI

321 Front St, Marquette, MI 49855

541 Spring St, Marquette, MI 49855

725 County Road Hq, Marquette, MI 49855

212 Rock St, Marquette, MI 49855

0 Tbd Co Rd, Champion, MI 49814

0 Highland Dr, Ishpeming, MI 49849

492 Co Rd, Negaunee, MI 49855

Marquette County, MI Residential Income Properties Market Trends and Statistics

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