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323-325 N Front St, Marquette, MI, 49855

5beds
4baths
3,040sqft
$420,000
$138price/sqft
$2,948/moest. monthly cost
$117,920/yrincome needed

About This Home

Seize this exceptional investment opportunity just a few blocks north of Washington Street in the heart of downtown Marquette, offering outstanding visibility and long-term demand. This well-located 4-unit apartment building, accessible from W Arch Street, checks all the boxes for a strong income-producing asset. The property features four well-laid-out one-bedroom units, providing a reliable and steady revenue stream. A full oversized basement offers abundant storage and added functionality, while off-street parking enhances tenant convenience and overall appeal. The property also includes garage space that can be utilized for additional storage, tenant parking, or even a private workshop area for an owner-occupant. One of the units is currently vacant and undergoing renovation, creating an excellent opportunity for an owner-occupant, short-term flexibility, or the ability to set a new market-rate rental. Whether you’re looking to expand your portfolio or live close to downtown while generating income from the remaining units, this property offers multiple possibilities. Located just minutes from downtown Marquette’s restaurants, shopping, and waterfront amenities, this property combines convenience, rental demand, and investment potential in one highly desirable location. With its prime setting, strong rental history, and income stability, this is a rare opportunity to own a multi-unit property in one of Marquette’s most sought-after areas. Don’t miss your chance to add a high-performing asset to your portfolio.

Getting Around

89
WalkingVery Walkable
0
TransitVery Limited Transit
95
BikeBiker's Paradise

Schools

8/10
Sandy Knoll SchoolGrades PK-50.5 mi
7/10
Bothwell Middle SchoolGrades 5-81.2 mi
9/10

Construction

Condition

  • Year built: 1900

Materials

  • Foundation: Basement

Type & Style

  • Home type: MultiFamily
  • Architectural style: Conventional Frame
  • Property subType: Multi Family

Interior

Appliances

  • Appliances included: Range/Oven,Refrigerator,Gas Water Heater

Basement

  • Has basement: Yes
  • Basement: Full

Bedrooms & Bathrooms

  • Bedrooms: 5
  • Bathrooms: 4
  • Full bathrooms: 4

Heating

  • Heating features: Hot Water,Radiant

Interior Area

  • Total structure area: 3,040
  • Total interior livable area: 3,040 sqft

Kitchen

  • Features: Eat-in Kitchen

Property

Details

  • Parcel number: 525200181560
  • Zoning: Multi Family MFR ZB12
  • Zoning description: Multi-Family
  • Special condition: Private

Features

  • Levels: Two
  • Stories: 2
  • Patio & porch: Patio,Porch
  • Exterior features: Sidewalks,Street Lights,Garden
  • Waterfront features: None

Lot

  • Lot size: 7,405 sqft
  • Features: Sidewalks,Corner Lot
  • Lot size dimensions: 85 x 50 + 50 x 100

Parking

  • Total spaces: 3
  • Parking features: 3 or More Spaces,Driveway,Detached
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2