About This Home

This 5-bedroom, 2-bathroom residential multi family at 309 Tobin Street in Negaunee, MI is listed for $250,000 ($97 per sqft). Built in 1898, the home offers 2,569 sqft of living space on a 0.17 acres lot.

Key Features

  • Built in 1898
  • 0.17 acre lot
  • 2 stories

Property Details

2 stories
2 full
2-car garage
1898
Listing Description

Fantastic investment opportunity in the City of Negaunee! This well-maintained front and back duplex offers excellent income potential, a 2-car garage, and additional off-street parking, all within close proximity to the Iron Ore Heritage Trail, parks, and downtown amenities.

The front unit features a charming retro-style kitchen, spacious living room, formal dining room, three upstairs bedrooms, and a full bath. The back unit features beautiful hardwood floors and includes a spacious eat-in kitchen with a walk-in pantry, a large living room, a cozy office or den, and two generously sized upstairs bedrooms served by a full bath.

Major updates include a new furnace in the back unit and updated electrical panel, along with a newer roof and rebuilt chimneys, providing added value and peace of mind. Whether you're looking to live in one unit while generating rental income or add a solid property to your investment portfolio, this versatile duplex is an outstanding opportunity!

Monthly Cost Estimate

$1,337/mo

20% down · 6.5% · 30 years

Principal$181
Interest$1,083
Insurance$73

Estimates only. Actual payments may vary.

Location

309 Tobin Street

Negaunee, MI 49866

Features & Amenities

Interior Features

Hardwood FloorsWindow Treatment(s)

Exterior Features

PorchStreet Lights

Property Details

Outdoor Features

Porch

Parking

Garage

Heating

Forced Air

Questions & Answers

This 5-bedroom, 2-bathroom residential multi family at 309 Tobin Street is listed at $250,000 ($97/sqft). The estimated monthly payment is $1,337 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1898, 0.17 acre lot, 2 stories. Interior Features: Hardwood Floors, Window Treatment(s). Exterior Features: Porch, Street Lights.

This property is listed by CHELSEY DAAVETTILA.

CD

CHELSEY DAAVETTILA

Agent at COLDWELL BANKER SCHMIDT REALTORS

Listed by COLDWELL BANKER SCHMIDT REALTORS · Broker phone: 906 2255992 · View on Broker Site

MLS# 50217087· Source: Upper Peninsula Association of Realtors· 87 days on PropertySimple

Copyright © 2026 Upper Peninsula Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

309 Tobin Street, Negaunee, MI 49866

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