$495,000

500 Harlow St Marquette, MI 49855

$5,878
Closing credit¹
8 beds
4 full
2,540 sqft
0.3 acres
$195 / sqft
Multi-Family

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

Home typeMulti Family
HeatingElectric
StatusActive
Size2,540 sqft
Lot size0.34 Acres
Year built1975
Parking3 or More Spaces, Unassigned/General
MLS #50170948

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

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 2025 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: 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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view of front of home

$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

YearAssessmentProperty 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.

All data from GreatSchools

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.

How much money do the neighbors make?

83%
<35k
14%
35k-100k
4%
100k-200k
0%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree

What types of families live nearby?

63%
Single, No Kids
20%
Single, with Kids
7%
Married, No Kids
10%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

18%
<11 yrs old
5%
12-17 yrs old
60%
18-34 yrs old
14%
35-64 yrs old
3%
65+ yrs old

What do the neighbors do for fun?

  • NBA/WNBANBA/WNBA
  • Pro WrestlingPro Wrestling
  • SoccerSoccer

Where do the neighbors shop?

  • Express/Express For MenExpress/Express For Men
  • BurlingtonBurlington
  • Forever 21Forever 21

Where do the neighbors go to eat?

  • StarbucksStarbucks
  • Cicis PizzaCicis Pizza
  • Dominos PizzaDominos Pizza

What do the neighbors drive?

  • PontiacPontiac
  • MazdaMazda
  • BuickBuick

What do the neighbors listen to?

  • Urban ContemporaryUrban Contemporary
  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
  • JazzJazz
All data provided by Home Junction and Claritas

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.

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

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