Movoto Real Estate
Sold on 06/16/2022

2050 Wright, Marquette, MI 49855

$871,000

Last sold 06/16/2022 for $529K

  • 19

    bed

  • 16

    bath

  • 5,590

    Sqft ($95/Sqft)

Multi-family not for sale

About 2050 Wright

Property type Multi-family
Neighborhood
Year built 1960
HOA fee $0/month
Lot size 2.38 Acre
Movoto estimate
Property description
Huge Investment Opportunity: With 12 rental units closely located to Northern Michigan University (lots of college students who need housing) this is a great way to expand your investments. These 12 apartments hold 17 bedrooms, 2 studios, 2 two bedrooms, 7 single bedrooms and a large 4 bedroom. On nearly 2.5 acres many tenants have their own yard, a sought-after amenity for many renters. Current tenants have a good rental history, and there has not been any trouble finding newcomers. A large, oversized shed provides space for any equipment you may want to store here. A property such as this is hard to find in Marquette, so come take a look yourself! (Additional two units that need some TLC could be made up for more income)
Listed by
Listing Agent - NICK RACINE
Listing Office - RE/MAX 1ST REALTY
Source: MiRealSource, Inc mls logo
MLS#50078525 • last updated 4 years ago
Movoto checked MiRealSource, Inc for data 6 minutes ago
Overview
Status Closed
Type Multi-Family
Lot Size (Acres) 2.38
Total Tax Amount 5795.18
Year Built 1960
Interior
# of Full Baths 16
Exterior
Parking Desc Unassigned/General
Amenities / Utilities
Fuel Type Natural Gas
Sewer/ Septic Community
Water Public Water
Location
County Marquette (52016)
Subdivision None
Zoning Residential, MDR
$871K
Range: $714K-$1.02M
Last 30 days 
  • Feb 2024
    mls logo MLS # 50126635
  • Feb 22, 2024 Sold
    $787,500 (-10.0%)
  • Dec 28, 2023 Keep Showing-Contgcy Appl
    —
  • Dec 12, 2023 Price Change
    $875,000 (-7.8%)
  • Nov 27, 2023 Price Change
    $949,000 (-5.0%)
  • Nov 1, 2023 Listed
    $999,000 (+88.5%)
  • Aug 2022
    mls logo MLS # 50078525
  • Aug 12, 2022 Sold
    $529,900
  • Jun 15, 2022 Listed
    $529,900
  • Year Property taxes Tax assessment
  • 2023
    $22,436 +257.9%
    $527,300 +110.17%
  • 2022
    $6,269 +8.2%
    $250,898
  • 2021
    $5,796 +1.2%
    $250,898
  • 2020
    $5,728 +4.2%
    $250,898
  • 2018
    $5,497 +3.1%
    $250,898 +22.51%
  • 2016
    $5,331
    $204,800
  • 2050 Wright
    $529K
  • Marquette (52016)
    —
  • 49855
    $419K -20% y/y
  • Marquette
    $422K -20% y/y
No chart available
Statistics calculated by Movoto

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  • Skip staging and repairs
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8/10
6/10
8/10
Source: GreatSchools.org © 2026. All rights reserved.

Around Marquette (52016)

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