PRICE IMPROVEMENT Rare Find! Newly renovated 4 plex located in north Marquette. Feature (2) - 2 bedroom units, (1) - 3 bedroom unit, and (1) - 1 bedroom unit. All units have been updated within the last 2-3 years extensively. All new windows in 2024/2025. New water heaters in last few years also. All units have leases until May 2026. Total monthly income from rents: $5,090.00. Owner pays water/sewer/garbage, community wifi, lawn care/snow removal. Tenants pay electric. Large paved parking lot with ample parking for tenants and guests with room for trailers, boats, etc. Low maintenance property as all units have been updated on interior and windows/water heaters. Roof is relatively new. Cap rate of over 8 which is unheard of in the City of Marquette in recent years.
Closed
$419,000
500 Harlow St, Marquette, MI 49855
8beds
2,540sqft
Multi Family
Built in 1975
-- sqft lot
$419,200 Zestimate®
$165/sqft
$1,601 Estimated rent
What's special
Zillow last checked: 7 hours ago
Listing updated: August 08, 2025 at 02:22pm
Listed by:
LEE HAYNES 906-362-5334,
SELECT REALTY 906-228-2772
Bought with:
LEE HAYNES
SELECT REALTY
Source: Upper Peninsula AOR,MLS#: 50170948
Originating MLS: Upper Peninsula Assoc of Realtors

Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 4
- Full bathrooms: 4
Kitchen
- Features: Eat-in Kitchen
Heating
- Electric
Cooling
- None
Appliances
- Included: Range/Oven, Refrigerator, Electric Water Heater
Features
- Basement: Crawl Space
- Has fireplace: No
Interior area
- Total structure area: 2,540
- Total interior livable area: 2,540 sqft
Property
Parking
- Total spaces: 3
- Parking features: 3 or More Spaces, Unassigned
Features
- Levels: Two
- Stories: 2
- Exterior features: Balcony
- Waterfront features: None
Lot
- Size: 0.34 Acres
- Dimensions: 150 x 100
- Features: Sidewalks, Corner Lot
Details
- Parcel number: 525200481280
- Zoning: Multifamily Residential
- Zoning description: Multi-Family
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Conventional Frame
- Property subtype: Multi Family
Materials
- Other
Condition
- Year built: 1975
Utilities & green energy
- Electric: 100 Amp Service
- Sewer: Public Sanitary
- Water: Public
- Utilities for property: Cable/Internet Avail., Electricity Connected, Sewer Connected, Internet Spectrum
Community & neighborhood
Community
- Community features: Sidewalks, Street Lights, Wi-Fi Available
Location
- Region: Marquette
- Subdivision: No
HOA & financial
Other financial information
- Total actual rent: 5090
Other
Other facts
- Listing terms: 1031 Exchange
- Ownership: LLC
- Road surface type: Paved