Negaunee duplex not with 3 bedroom 1 bath apartments. current rents are $1050 and $1075 on annual leases. Tenants pay all utilities. 8% cap rate based on 2022 expenses and rental income at 95% occupancy.
Negaunee duplex not with 3 bedroom 1 bath apartments. current rents are $1050 and $1075 on annual leases. Tenants pay all utilities. 8% cap rate based on 2022 expenses and rental income at 95% occupancy.
UPAR #10072495
Apr 3, 2020
Sold
$137,950
$50/sq ft
Apr 3, 2020
Sold
$137,950
$50/sq ft
Mar 4, 2020
Listed
$149,900
$55/sq ft
Mar 4, 2020
Listed
$149,900
$55/sq ft
+27
Great investment property with many updates located in a great area of Negaunee! Each unit rents out for $1000, plus tenants pay all their own utilities. Close proximity to all 3 schools and the football fields. Property has a new metal roof in 2017, 2 new gas furnaces installed in 2013, 2 new gas water heaters in 2014 & 2015, 114 has new windows in 2014, 116 has new paint and flooring, almost all new plumbing in 2019, new main sewer line in 2013, 2 new fuse panels in 2019, new electric main to home in 2019, updated bathroom & added 1 new bath and 1 bedroom in 2019.
UPAR #10071945
May 8, 2018
Sold
$90,000
$33/sq ft
May 8, 2018
Sold
$90,000
$33/sq ft
Sep 20, 2017
Listed
$95,000
$35/sq ft
Sep 20, 2017
Listed
$95,000
$35/sq ft
Public Records
Nov 17, 2005
Sold
$31,794
$12/sq ft
Public Records
Aug 30, 2001
Sold
$36,000
$13/sq ft
Public Records
Aug 10, 1992
Sold
$52,000
$19/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$4,754 (+2.5%)
2024
$4,640 (+10.4%)
2023
$4,204 (+7.4%)
2022
$3,912 (+3.1%)
2021
$3,795 (+21.9%)
2020
$3,113 (+20.1%)
2019
$2,591 (+29.6%)
2018
$1,999 (−13.6%)
2017
$2,314 (+1.5%)
2016
$2,281 (+3.3%)
2015
$2,209 (+1.1%)
2014
$2,184 (+2.3%)
2013
$2,135
Tax history for 114-116 Ridge
Year
Property tax
Land + Additions
Assessment*
2025
$4,754 (+2.5%)
2024
$4,640 (+10.4%)
2023
$4,204 (+7.4%)
2022
$3,912 (+3.1%)
2021
$3,795 (+21.9%)
2020
$3,113 (+20.1%)
2019
$2,591 (+29.6%)
2018
$1,999 (−13.6%)
2017
$2,314 (+1.5%)
2016
$2,281 (+3.3%)
2015
$2,209 (+1.1%)
2014
$2,184 (+2.3%)
2013
$2,135
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Beds
6
Baths
2
Stories
2
Lot width
50 ft.
Lot depth
130 ft.
Lot size
0.3 Acres
Year renovated
—
Sq. Ft.
2,748
Year built
1912
Style
Single Family Residential
County
Marquette County
APN
52-53-030-079-00
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jun 24, 2026.
Property details
Interior
Interior Features
Has Basement
Bathroom Information
# of Bathrooms (Full): 2
# of Baths/Lavatories (Total): 2
Exterior
Exterior Features
Foundation Type: Basement
Property Features
Water Features: None
Property Information
Property Type: Multi-Family
Structure Style: 2 Story
Year Built: 1912
Lot Information
Lot Size: 50,130
Zoning: Residential
Land Information
Acreage: 0.15
Roads: Paved Street
Financial
Tax/Assessments Information
Total Tax Year: 2022
Total Tax Amount: $3,912
Summer Tax Year: 2022
Summer Tax Amount: $2,366
Winter Tax Year: 2022
Winter Tax Amount: $1,546
Utilities
Utility Information
Separate Heat: Yes
Separate Water
Water Heater: Gas
Water: Public Water
Separate Electric
Separate Gas
Fuel Type: Natural Gas
Separate Heat
Heating System: Boiler
Sewer Septic: Public Sanitary
Location
Mult-Unit Information
# of Units (Total): 2
Unit 1 Information
Unit 1 Occupied Y/N: Yes
Unit Occupied
Bedroom 1 Level: Second
Bedroom 1 Dimensions:
Bedroom 2 Level: Second
Bedroom 2 Dimensions:
Bedroom 3 Level: Second
Bedroom 3 Dimensions:
Unit 2 Information
Unit Occupied
Bedroom 1 Level: Second
Bedroom 1 Dimensions: 10 x 10
Bedroom 2 Level: Second
Bedroom 2 Dimensions: 10 x 10
Bedroom 3 Level: Second
Bedroom 3 Dimensions: 10 x 10
School Information
School District: Negaunee Public Schools
School District: Negaunee Public Schools
Location Details
Municipality Type: City
Municipality: Negaunee
Mail City: Negaunee
Subdivision: none
Area (Municipality): Negaunee (52021)
Public facts
Beds: 6
Baths: 2.0
Sq. Ft.: 2,748
Stories: 2.0
Lot Size: 0.3 acres
Style: Single Family Residential
Year Built: 1912
Year Renovated: —
County: Marquette County
APN: 52-53-030-079-00
Home facts updated by county records on Jun 24, 2026
Around this home
Schools
Negaunee Middle School
Public 5-8 • Assigned • 0.2mi
8/10
Negaunee High School
Public 9-12 • Assigned • 0.5mi
7/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
1/10 Heat Factor
7 days above 91° expected this year, 13 days in 30 years
1/10 Wind Factor
Minimal risk of severe winds over next 30 years
2/10 Air Factor
1 unhealthy days expected this year, 1 days in 30 years
Provided by First Street
Historical weather
Negaunee, MI • 49866
Average low and high temperatures (°F)
19
7
27
10
37
20
48
30
62
40
73
53
77
57
73
54
71
51
60
40
40
28
26
15
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 9.5 hours in
June and 2.5 hours in December, placing it below the
U.S. average for solar exposure.