4 months on rocket

541 W Spring St, Marquette, MI, 49855

$240,000

Home List Price

$2,850*

Closing Credit

4 Bedrooms
2 Full Baths, 1 Partial
1,656 SqFt
$145/SqFt
Multi

Location

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541 W Spring St, Marquette$240,000

Buyer Closing Credits

$2,850*

1.25% Loan Amount

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Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeMulti Family
Year Built1895
HeatingHot Water
CoolingNone
BasementYes
WaterfrontNone
ViewNone
MLS #50150818
Lot Size0.12 Acres
StatusActive

About 541 W Spring St

City of Marquette duplex for sale! This house has a 2 bed 1 bath apartment upstairs and a 2 bed 2 bath apartment downstairs. Conveniently located near the hospital and downtown Marquette, this duplex is a great addition to an investment portfolio. Showings will take place Wednesdays - Fridays 3:30pm - 8pm. The duplex next door is also for sale, please see MLS#50150811 541 W Spring Street.

Property Details

Property Features

Property Information:

  • Architectural Style: Conventional Frame
  • Year Built: 1895
  • Stories: 2
  • Living Area: 1,656 SqFt

Listing Office:

  • Office Name: RE/MAX 1ST REALTY
  • Office Phone: (906) 225-1136
  • Listing Agent: ERIN WASIK

Interior Features

Interior Information:

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

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 2
  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • Waterfront: None
  • View: None

Lot Features

Lot Information:

  • Lot: Corner Lot
  • Lot Size: 0.12 Acres

Utilities

Utilities Information:

  • Heating: Hot Water
  • Cooling: None

School Info

School District Information:

  • School District: Marquette Area School District

Other

Directions Information:

  • Directions: From US41 exit the roundabout onto 7th St, drive 4 blocks north to right on Spring St, home is the first house on the right, on the corner.

Price Information

Listing Price Info

Price Summary:

  • List Price: $240,000
  • Price Per SqFt: $145/SqFt

Tax Information:

  • Annual Amount: $1,694
  • Tax Year: 2021
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Housing Market Comparison

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

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Marquette, MI

City

Med. Sold Price

$389K

Med. Price/SqFt

$304

Avg. Days On Market

33

# of Sold Homes

19

541 W Spring St vs Marquette

145 DAYS ON ROCKET

+112 Days

$240,000

-$149K Less

$145/SqFt

-$159 Less

KEY TAKEAWAY

This property is $149K less than the Median Sold Price and $159/SqFt less than other homes in Marquette, MI.

Based on homes sold in November 2024

MLS Details

MLS Information:

  • MLS Name: Upper Peninsula Assoc of Realtors
  • MLS Number: #50150818

Listing Office:

  • Office Name: RE/MAX 1ST REALTY
  • Office Phone: (906) 225-1136
  • Listing Agent: ERIN WASIK

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: 12/26/2024, 7:21:02 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$1,694$64,500
2020$1,626$61,900
2019$70$57,900
2018$1,577$55,900
2017$1,571$57,500

History based on county public records data.

Payment Calculator

$1,265

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$786

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NMLS#3030

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-1608299
8
/10

  • Sandy Knoll School

  • 401 N 6th St

  • 0.35 miles

  • Public District Grades PK-5

school-card-donut-1608300
7
/10

  • Graveraet Elementary School

  • 611 N Front St

  • 0.66 miles

  • Public District Grades KG-5

school-card-donut-1608301
6
/10

  • Superior Hills Elementary School

  • 1201 S McClellan Ave

  • 0.88 miles

  • Public District Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $16,058. The majority of Marquette, MI residents have income less than $35k annually. Residents typically live in single, no kids family. The majority of residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Rocket Homes›Michigan›Marquette County›Marquette›49855›541 W Spring St

This home is located at 541 W Spring St in Marquette, MI and zip code 49855. This 1,656 square foot home, which was built in 1895, sits on a 0.12 acre lot. Features: 4 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since August 02, 2024 and is currently priced at $240,000.

In November 2024 more than 9 listings in Marquette, MI were sold above the asking price. During the same period more than 1 listings were sold at asking price, while more than 9 were sold below. The number of listings in Marquette, MI decreased by 9.8% between October 2024 and November 2024. The median list price of listings available in November 2024 was $389,000, while the average time on the real estate market was 33 days.

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

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