208-214 1/2 N 15th Escanaba, MI 49829
Estimated payment $1,463/month
Highlights
- 1-Story Property
- Forced Air Heating System
- 4-minute walk to Pioneer Trail Park
- Property is near schools
About This Home
Exceptional Investment Opportunity – 5 Fully Rented Homes on Two City Lots! Looking to expand your investment portfolio? This unique property features five single-family homes, all fully rented and generating steady income. With a total of five rental units, this is a rare chance to secure a solid, income-producing asset. Property Highlights: Total Monthly Income: $3,670 All tenants on month-to-month leases for flexibility Separate meters for each unit, simplifying utility management Recent updates include a new roof, updated vanities, new flooring, and modern toilets in select units Rental Income Breakdown: 208 – Rents for $400/month (no utilities included) 210 – Rents for $755/month (no utilities included) 212 – Rents for $855/month (no utilities included) 214 – Rents for $830/month (no utilities included) 214 1/2 – Rents for $830/month (no utilities included) With long-term tenants in place, this investment offers both stability and strong cash flow. Don’t miss out on this one-of-a-kind opportunity—schedule a showing today!
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1900
Lot Details
- 0.32 Acre Lot
- Lot Dimensions are 100x140
Parking
- 3 Car Parking Spaces
Interior Spaces
- 1-Story Property
- Basement
- Block Basement Construction
- Oven or Range
Bedrooms and Bathrooms
- 10 Bedrooms
- 5 Full Bathrooms
Location
- Property is near schools
Utilities
- Forced Air Heating System
- Separate Meters
- Electric Water Heater
Community Details
- 5 Units
Listing and Financial Details
- Assessor Parcel Number 051-320-2930-257-005
Map
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/28/2025 07/28/25 | For Sale | $225,900 | 0.0% | $65 / Sq Ft |
| 07/22/2025 07/22/25 | Off Market | $225,900 | -- | -- |
| 03/26/2025 03/26/25 | Price Changed | $225,900 | -9.6% | $65 / Sq Ft |
| 01/22/2025 01/22/25 | For Sale | $249,900 | +38.8% | $72 / Sq Ft |
| 01/26/2023 01/26/23 | Sold | $180,000 | -10.0% | $52 / Sq Ft |
| 10/12/2022 10/12/22 | For Sale | $200,000 | -- | $58 / Sq Ft |
Source: Upper Peninsula Association of REALTORS®
MLS Number: 50165137
APN: 051-320-2930-257-005
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