2 months on rocket

514-516 S 15th St, Escanaba, MI, 49829

$159,000

Home List Price

$1,888*

Closing Credit

4 Bedrooms
2 Full Baths
1,345 SqFt
$118/SqFt
Multi

Location

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514-516 S 15th St, Escanaba$159,000

Buyer Closing Credits

$1,888*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
Year Built1902
HeatingForced Air
CoolingCeiling Fan(s)
BasementYes
WaterfrontNone
ViewNone
MLS #50154827
Lot Size0.15 Acres
StatusActive

About 514-516 S 15th St

This multi-family property offers two separate houses on one lot, presenting a great investment opportunity! Both homes come with chain link fenced-in yards, providing privacy and outdoor space for tenants and including separate off street parking areas. Each tenant pays their own utilities, simplifying management. The home in front has a metal roof and the upstairs has potential to be turned into a 3rd rental unit. Both houses have a full basement with laundry hook ups. The property is ideally located near schools and just a short distance from the bustling downtown area, making it convenient for shopping, dining, and entertainment. Whether you're looking for a long-term investment or live in one & rent the other, this property has the potential to deliver strong returns. Don’t miss out on this opportunity, schedule a showing today!

Property Details

Property Features

Property Information:

  • Architectural Style: Conventional Frame
  • Year Built: 1902
  • Stories: 1
  • Living Area: 1,345 SqFt

Listing Office:

  • Office Name: KEY REALTY DELTA COUNTY LLC
  • Office Phone: (906) 233-7455
  • Listing Agent: KYLE SOLIS

Interior Features

Interior Information:

  • Appliances: Range, Oven, Refrigerator
  • Basement: Yes

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • Waterfront: None
  • View: None
  • Exterior: Deck, Fenced Yard, Porch, Sidewalks, Street Lights, Fence Owned

Lot Features

Lot Information:

  • Lot Size: 0.15 Acres

Utilities

Utilities Information:

  • Heating: Forced Air
  • Cooling: Ceiling Fan(s)

School Info

School District Information:

  • School District: Escanaba Area Public Schools

Other

Directions Information:

  • Directions: Starting at the light by Walgreens on Ludington Street, head south on M-35 S/S Lincoln Rd toward 1st Ave S for 0.2 miles, turn left onto 3rd ave s for 0.5 miles, turn right onto 15th St S. Homes on the right.

Price Information

Listing Price Info

Price Summary:

  • List Price: $159,000
  • Price Per SqFt: $118/SqFt
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Housing Market Comparison

See how this home compares to others in Escanaba, MI.

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Escanaba, MI

City

Med. Sold Price

$145K

Med. Price/SqFt

$111

Avg. Days On Market

35

# of Sold Homes

15

514-516 S 15th St vs Escanaba

72 DAYS ON ROCKET

+37 Days

$159,000

+$14K More

$118/SqFt

+$6 More

KEY TAKEAWAY

This property is $14K more than the Median Sold Price and $6/SqFt more than other homes in Escanaba, MI.

Based on homes sold in October 2024

MLS Details

MLS Information:

  • MLS Name: Upper Peninsula Assoc of Realtors
  • MLS Number: #50154827

Listing Office:

  • Office Name: KEY REALTY DELTA COUNTY LLC
  • Office Phone: (906) 233-7455
  • Listing Agent: KYLE SOLIS

IDX Provided through IDX via MiRealSource, as the “Source MLS”, courtesy of the Originating MLS shown on the property listing, as the Originating MLS.

Copyright 2024 MiRealSource. All rights reserved. The information provided hereby constitutes proprietary information of MiRealSource, Inc. and its shareholders, affiliates and licensees and may not be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopy, recording, scanning or any information storage and retrieval system, without written permission from MiRealSource, Inc.

The information published and disseminated by the Originating MLS is communicated verbatim, without change by the Originating MLS, as filed with it by its members. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/21/2024, 2:21:01 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$861

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$543

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-321464
5
/10

  • Escanaba Upper Elementary School

  • 1500 Ludington St

  • 1.26 miles

  • Public District Grades 3-5

school-card-donut-321465
5
/10

  • James T Jones Elementary School

  • 400 S 10th St

  • 8.21 miles

  • Public District Grades 3-5

school-card-donut-321466
7
/10

  • Bark Riverharris Elementary School

  • Hwy US 2 41

  • 13.47 miles

  • Public District Grades PK-6

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $42,553. The majority of Escanaba, MI residents have income between $35k-100k annually. The most common type of family is single, no kids. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Rocket Homes›Michigan›Delta County›Escanaba›49829›514-516 S 15th St

This home is located at 514-516 S 15th St in Escanaba, MI and zip code 49829. This 1,345 square foot home, which was built in 1902, sits on a 0.15 acre lot. Features: 4 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since September 10, 2024 and is currently priced at $159,000.

While more than 5 listings in Escanaba, MI in October 2024 were sold above asking price, there were more than 7 listings sold at asking price, and more than 3 were sold below. The inventory of homes for sale in Escanaba, MI between September 2024 and October 2024 increased by 14.3%. In October 2024, listings were on the market for 35 days. During the same period, the median list price in this real estate market was $145,000.

From Rocket Homes Real Estate and based on county public records data.

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