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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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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

Assigned Schools Information:

  • Bothwell Middle School, Public District Grades 4-8
  • Superior Hills Elementary School, Public District Grades PK-4

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

$340K

Med. Price/SqFt

$266

Avg. Days On Market

29

# of Sold Homes

25

541 W Spring St vs Marquette

49 DAYS ON ROCKET

+20 Days

$240,000

-$100K Less

$145/SqFt

-$122 Less

KEY TAKEAWAY

This property is $100K less than the Median Sold Price and $122/SqFt less than other homes in Marquette, MI.

Based on homes sold in August 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: 9/21/2024, 12:20:53 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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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.

Elementary School

school-card-donut-194307
6
/10

  • Superior Hills Elementary School

  • 1201 S Mcclellan Ave

  • 0.88 miles

  • Public District Grades PK-4

Middle School

school-card-donut-194308
6
/10

  • Bothwell Middle School

  • 1200 Tierney St

  • 0.67 miles

  • Public District Grades 4-8

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. Most families are single, no kids. Typical level of education for residents in this area is high school diploma.

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 August 2024, from all listings sold in Marquette, MI there were more than 9 sold above asking price, over 8 sold below and more than 8 were sold right at the asked price. While the average time on the market in August 2024 was 29 days, the median list price was $340,000.

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

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