Address
612-616 Carr Street, Negaunee, MI
Price
$ 449,000
Property Attributes
  • MLS#50211946
  • TypeMulti-Family
  • Listing Status Active
  • CountyMARQUETTE
  • CityNegaunee
  • AreaNegaunee
  • NeighborhoodNegaunee
  • Zip49866
  • StyleConventional Frame
  • Year Built1910
  • Price$ 449,000
  • Bedrooms10
  • Full Bathrooms4
  • Half Bathrooms0
  • Sqr Footage4885
  • Lot Size0.27 Acres
Data Source:
MiRealSource (MIRS)
Property Description

The size of this property and its units is a great indicator of what a massive opportunity this is! This four-unit home in the City of Negaunee has been in the same family for decades and has been well cared-for, but is ready to have some new life breathed into it by its next owners. The units are a spacious 1200 sqft each, two with three bedrooms and two with two bedrooms. Three of the units could be considered move-in ready; the two upper units have been recently updated while the two lower units could use some sprucing up and modernizing, unless you're seeking that vintage look! The home has a spacious full basement for additional storage and oversized access doors to help with moving things in and out. The current tenants are on month-to-month leases. The two car garage rounds out the features of the property, and its location is easily accessible in residential Negaunee with an alley running behind the home. This could be a fantastic, income-generating property for those looking for a rewarding project! See agent remarks for breakdown of utility meter separation.

Price History
6/18/2026 Listed $449,000

General Features

Heating Hot Water,Radiator
Possession Negotiable (Possession)
Garage Detached Garage
Zoning R-2 Residental
Water Public Water
Appliances Range/Oven,Refrigerator
Status Active
Full Baths 4
Bathrooms 4
Year Built 1910
Parking 3 or More Spaces,Garage,Unassigned/General,Paved Driveway
Subdivision CLIFFS 4TH ADD
Water Heater Gas
Style Conventional Frame
County Marquette
Class MULTIFAMILY
Type Multi-Family
Ownership Private
Associated Document Count 2
Electric 100 Amp Service
Status Keep Showing-Contgcy Appl
Zoning Multi-Family
Subdivision MI
Sale/Rent For Sale
Status Detail 1
Utilities Electricity Connected,Natural Gas Connected,Sewer Connected,Water Connected
Structure Style 2 Story
Subj to Short Sale Apprvl No
Area Negaunee (52021)
Primary City Negaunee
Location Subdivision
Directions From US-41 in Negaunee,turn south onto Baldwin Ave. Turn left onto Prince St,then turn left onto Burt St. Turn right onto Carr St. The property will be on your right.
City Negaunee
School District Negaunee Public Schools
Lease Y/N No
Originating MLS Upper Peninsula Assoc of Realtor
Source MLS MI Real Source
Financial Terms Cash,Conventional,Conventional Blend,FHA
Legal Description LOT 46 OF CLIFFS 4TH ADD
DOM 98
Postal Code 49866
Price Per Sq Ft Total AG 91.91

Interior Features

Interior Amenities Hardwood Floors,Walk-In Closet
Basement Block,Full,Outside Entrance
Beds 10
Fireplace? No
Total Number of Units 4
Basement Y/N Yes
Unit 1 Occupied Y/N No
Unit 2 Occupied Y/N No
Unit 3 Occupied Y/N Yes
Unit 3 Rent Rate 750
Unit 4 Occupied Y/N Yes
Unit 4 Rent Rate 500
Fuel Type Natural Gas

Exterior Features

Exterior Aluminum
Exterior Amenities Porch,Sidewalks
Frontage 120
Lot Size Area 0.27
Lot Dimensions 120x100
Garage # of Car 2
Separate Electric Y/N Yes
Separate Gas Y/N Yes
Separate Heat Y/N Yes
Separate Water Y/N No
Water Features None
SEWER SEPTIC Public Sanitary
Roads Alley,City/County,Paved Street
FOUNDATION TYPE Basement
Waterfront Y/N No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Multi-Family Average in 49866

Price
AVG $400K
$450K
Year Built
AVG 1903
1910
Visits
AVG 14
31
Data Provided by Inside Real Estate®