#50162352, DARLENE MARTIN, Listing Office: SELECT REALTY
500 Harlow St Marquette, MI 49855
Property details
About 500 Harlow St
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 7.9 which is unheard of in the City of Marquette in recent years. https://my.matterport.com/show/?m=dcocuDZtMJ6 https://my.matterport.com/show/?m=8u6zMcfzYWx https://my.matterport.com/show/?m=Kb3ubNxSAN7
Highlights
Virtual tour
Summary
- MLS Number: 50170948
- MLS Name: Upper Peninsula Assoc of Realtors
- Office Name: SELECT REALTY
- Office Phone: (906) 228-2772
- Office Email: select@selectmqt.com
- Listing Agent: LEE HAYNES
Provided through IDX via MiRealSource, as the “Source MLS”, courtesy of the Originating MLS shown on the property listing, as the Originating MLS.
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Last updated on: 4/18/2025, 7:20:53 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$495,000
500 Harlow St
$5,878
closing credit¹
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Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
Year | Assessment | Property Tax |
---|---|---|
2024 | $164,800 | $7,336 |
2023 | $130,900 | $- |
2022 | $116,900 | $6,810 |
2021 | $118,800 | $6,297 |
2020 | $116,900 | $4,224 |
2019 | $111,400 | $182 |
2018 | $106,800 | $4,096 |
2017 | $106,200 | $4,082 |
History based on county public records data.
Nearby schools
7
Graveraet Elementary School
Public District KG-5
1.4 mi
•611 N Front St
8
Sandy Knoll School
Public District PK-5
1.5 mi
•401 N 6th St
6
Superior Hills Elementary School
Public District PK-5
2.6 mi
•1201 S McClellan Ave
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $20,708. Typical income of Marquette, MI residents is less than $<35k annually. The most common type of family is single, no kids. Most residents in this area have post secondary degree education.
Similar homes for sale
This home is located at 500 Harlow St in Marquette, MI and zip code 49855. This 2,540 square foot home, which was built in 1975, sits on a 0.34 acre lot. Features: 8 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since April 9, 2025 and is currently priced at $495,000.
In March 2025, from all listings sold in Marquette, MI there were more than 7 sold above asking price, over 3 sold below and more than 1 were sold right at the asked price. The number of listings in Marquette, MI decreased by 13.8% between February and March 2025. The median list price of listings available in March 2025 was $345,000, while the average time on the real estate market was 26 days.