Sold
Last Sold Price
6 beds2,748 sqft
114-116 Ridge Street, Negaunee, MI 49866
Multi FamilyProperty Type
0.15 acresLot Size
1912Year Built
$58/sq ftPrice per sq ft

Description

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.
  • Listed by: JOHN DEMAY 906.362.1000 John@PROEXRealty.com • EXP REALTY OF MARQUETTE
Listing closed: 10/06/2023 12:00 AM • Source: MiRealSource, MLS#: 50110635

Recent comparable sales

Median sold price

$244,900

Avg days on market

77

Sale-to-list ratio

86.2%

Negaunee, MI

9 comparable properties found

$31,000 | 128-130 East Main Street, Negaunee, MI 49866
1/41
1

$31,000

Sold 02/10/26

6
Bedrooms
2,544
Square Feet
0.15
Acres
$275,000 | 658-660 Lake Street, Negaunee, MI 49866
1/43
2

$275,000

Sold 07/14/25

5
Bedrooms
2,702
Square Feet
0.16
Acres
$217,500 | 112 Rock Street, Negaunee, MI 49866
1/17
3

$217,500

Sold 05/12/25

5
Bedrooms
2,080
Square Feet
0.15
Acres
$244,900 | 114 East Lincoln Street, Negaunee, MI 49866
1/70
4

$244,900

Sold 08/10/26

5
Bedrooms
2,530
Square Feet
0.15
Acres
$62,500 | 919 Oak Street, Negaunee, MI 49866
1/2
5

$62,500

Sold 02/14/25

7
Bedrooms
2,567
Square Feet
0.22
Acres
$650,000 | 322 County Road 510, Negaunee, MI 49866
1/74
6

$650,000

Sold 02/28/25

6
Bedrooms
2,885
Square Feet
10.01
Acres
$336,000 | 101 Kivela Road, Negaunee, MI 49866
1/53
7

$336,000

Sold 06/06/25

5
Bedrooms
2,723
Square Feet
2.49
Acres
$345,000 | 200 Marquette Street, Negaunee, MI 49866
1/30
8

$345,000

Sold 08/11/25

4
Bedrooms
2,200
Square Feet
0.08
Acres
$215,000 | 315 Tobin Street, Negaunee, MI 49866
1/57
9

$215,000

Sold 08/21/26

4
Bedrooms
2,078
Square Feet
0.14
Acres

Location

Listing Courtesy of EXP REALTY OF MARQUETTE

Sold By SELECT REALTY

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$1,150 per month

30 year fixed, 6.71% Interest

Principal and Interest

$824

Property Taxes

$326

HOA Dues

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Property Information for 114-116 Ridge Street

Property Details
  • Taxes: $3,912 / year
  • MLS Type: Residential Income / Multi Family
  • Architectural Style: 2 Story
  • Has Waterfront: No
  • Zoning Description: Residential
Building Information
  • Stories: 2
  • Residences: 2
  • Year Built: 1912
  • Lot Size: 0.15 AC / 6,534 SF
Summary
Location and General Information
  • Directions: US 41 to teal lake ave to ridge st home on right
  • Latitude: 46.50355618
  • Longitude: -87.60969847
  • MLS Area Major: Negaunee (52021)
Taxes and HOA
  • Parcel Number: 52-53-030-079-00
  • Tax Annual Amount: $3,912.00
  • Tax Year: 2022
Property
Lot Information
  • Lot Size Acres: 0.15
  • Road Surface Type: Paved
Property and Assessments
  • Above Grade Finished Area: 2748.0
  • Building Area Total: 2748.0
  • Property Sub Type: Multi Family
  • Property Type: Residential Income
  • Year Built: 1912
Building Features
  • Total Stories: 2
Utilities
  • Sewer: Public Sewer
  • Utilities: Natural Gas Available
  • Water Source: Public
Interior and Exterior Features
Interior Features
  • Appliances: Gas Water Heater
  • Has Basement: Yes
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 6
  • Heating: Natural Gas
  • Has Heating: Yes
  • Has Fireplace: No
  • Water Heater: Gas
Multi Family
Multi Family Information
  • Number Of Units Total: 2

Property History for 114-116 Ridge Street

DateEvent & SourcePriceAppreciation
Oct 6, 2023

Sold

MiRealSource #50110635

$159,500
Jul 8, 2023

Contract Signed

MiRealSource #50110635

May 29, 2023

Listed (Active)

MiRealSource #50110635

$169,000
DateEvent & SourcePrice
10/06/2023

Sold

MiRealSource #50110635

$159,500
07/08/2023

Contract Signed

MiRealSource #50110635

05/29/2023

Listed (Active)

MiRealSource #50110635

$169,000

For completeness, we often displays two records for one sale: the MLS record and the public record.

Schools near 114-116 Ridge Street

This home is within Negaunee Public Schools.
Rating
School
Type
Grades
Distance
Public - PK to 4
Public - 5 to 8
Public - 9 to 12
Rating
School
Distance
Lakeview School
PublicPK to 4

Negaunee Middle School
Public5 to 8

Negaunee High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
This home: 114-116 Ridge Street, Negaunee, MI 49866
$159,500
6
2,748
6,534
6
2
2,748
6,490
$100,000
3
1,762
6,534
$159,900
4
1,680
6,534
$250,000
3
2
1,608
121,968
1
5,576
12,981

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of EXP REALTY OF MARQUETTE

Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. The information published and disseminated by MiRealSource is communicated verbatim, without change by MiRealSource, as filed with MiRealSource by its members. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Copyright 2026 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.