500 Harlow St

Marquette MI 49855

2540 sq. ft.

0.34 ac.

Multi-Family

Last sold for $419,000

LEE HAYNES, last sold this property on 07 August 2025 after -7 days on market.

Overview

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.

Features

8 bedrooms

4 bathrooms

2540 sq. ft. floor area

0.34 ac. lot size

Multi-Family

Estimated Value

Based on this property and similar 8 bedroom multi families sold in Marquette over the last 12 months, the estimated median property value of 500 Harlow St is $465k.

Median value

$465k

Estimated value range

$315k - $875k

Median days on market

Estimated value trend

decrease over the last 12 months

Average days on market is based on recent, comparable sales in Marquette. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 500 Harlow St

2025

Sold

$419,000

07 Aug 2025 by LEE HAYNES, of SELECT REALTY

2019

Sold

$155,100

28 May 2019 by LEE HAYNES, of SELECT REALTY

Happy sellers in Marquette

We have insufficient information to provide an overview of customer satisfaction for Marquette. Viewing the agent profiles, reviews and sales for Marquette can provide insights for this location.