$1,449 Closing Credit¹
#50168696, SAMANTHA KLEIKAMP, Listing Office: UPWARDS REAL ESTATE
$159,000 List price
514-516 S 15th St Escanaba, MI 49829
$1,888
Closing credit¹
4 beds
2 full
1,345 sqft
0.1 acres
$118 / sqft
Multi-Family
Property details
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!
Highlights
Home typeMulti Family
HeatingForced Air
StatusActive
CoolingCeiling Fan(s)
Size1,345 sqft
BasementYes
Lot size0.15 Acres
Year built1902
MLS #50154827
Summary
- Full Bathrooms: 2
- Appliances: Range, Oven, Refrigerator
- Basement: Yes
- Total Bedroom Count: 4
- Waterfront: None
- View: None
- Exterior: Deck, Fenced Yard, Porch, Sidewalks, Street Lights, Fence Owned
- Architectural Style: Conventional Frame
- Heating: Forced Air
- Cooling: Ceiling Fan(s)
- List Price: $159,000
- Price/SqFt: $118
- 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.
- Year Built: 1902
- Stories: 1
- Living Area: 1,345 SqFt
- School District: Escanaba Area Public Schools
- Lot Size: 0.15 Acres
- MLS Number: 50154827
- MLS Name: Upper Peninsula Assoc of Realtors
- Office Name: KEY REALTY DELTA COUNTY LLC
- Office Phone: (906) 233-7455
- Office Email: jamie@keyrealtydeltacounty.com
- Listing Agent: KYLE SOLIS
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: 5/6/2025, 12:20:30 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$159,000
514-516 S 15th St
$1,888
closing credit¹
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Price information
Property sales
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Tax history
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Nearby schools
5
Escanaba Upper Elementary School
Public District 3-5
1.3 mi
•1500 Ludington St
5
James T Jones Elementary School
Public District 3-5
8.2 mi
•400 S 10th St
7
Bark Riverharris Elementary School
Public District PK-6
13.5 mi
•Hwy US 2 41
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 $42,553. Residents of Escanaba, MI typically earn between $35k-100k each year. Residents typically live in single, no kids family. Residents of this area typically have post secondary degree education.
How much money do the neighbors make?
41%
<35k
47%
35k-100k
10%
100k-200k
2%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
45%
Single, No Kids
10%
Single, with Kids
30%
Married, No Kids
15%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
14%
<11 yrs old
7%
12-17 yrs old
15%
18-34 yrs old
41%
35-64 yrs old
23%
65+ yrs old
What do the neighbors do for fun?
Horse Races
Pro Boxing
Hiking/backpacking
Where do the neighbors shop?
Stein Mart
Family Dollar
Nordstrom Rack
Where do the neighbors go to eat?
LongHorn Steakhouse
White Castle
Chipotle
What do the neighbors drive?
Buick
Chevrolet
Mazda
What do the neighbors listen to?
Contemporary Inspirational
Rock
Adult Standards
All data provided by Home Junction and Claritas
Similar homes for sale
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.
Over 5 listings were sold over their listed price in April 2025 in Escanaba, MI. In the same period over 8 listings were sold below the listed price and 3 listings were sold for the listed price. The number of homes for sale in Escanaba, MI increased by 5.9% between March and April 2025. The median list price of listings available in April 2025 was $161,250, while the average time on the real estate market was 36 days.
From Rocket Homes Real Estate and based on county public records data.