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Multi family home for sale at 301 Nicholas Ave, Palmer, MI 49871 | MLS# 50215315 | Listing updated on 2026-08-06
Photo 1 of Multi family home for sale at 301 Nicholas Ave, Palmer, MI 49871 | MLS# 50215315 | Listing updated on 2026-08-06
Photo 2 of Multi family home for sale at 301 Nicholas Ave, Palmer, MI 49871 | MLS# 50215315 | Listing updated on 2026-08-06
Photo 3 of Multi family home for sale at 301 Nicholas Ave, Palmer, MI 49871 | MLS# 50215315 | Listing updated on 2026-08-06
Photo 4 of Multi family home for sale at 301 Nicholas Ave, Palmer, MI 49871 | MLS# 50215315 | Listing updated on 2026-08-06
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Street View

$325,000

Monthly Est:$1,618

  • Beds Icon8 Beds
  • Beds Icon
    4 Baths
  • Beds Icon3,072sqft

301 Nicholas Ave, Palmer, MI 49871

$1,618/moEst:

Get Pre-Approved

  • Multi Family

  • Built in 1965

  • $-- HOA

  • 11,325.6 sqft lot

  • $106/sq.ft

Description

This well-maintained four-unit apartment building in Palmer offers a strong rental history and consistent occupancy, making it an attractive addition to an investment portfolio. Each unit features two bedrooms and one full bathroom, with recent updates to the bathrooms and flooring. All four units are currently occupied under year-long leases at $850 per month, with tenants responsible for their own electric service. A coin-operated laundry area in the basement provides added convenience, while indoor storage spaces offer tenants extra room for their belongings. Palmer is a small community known for its welcoming atmosphere and neighborly feel, while also offering convenient proximity to a major area employer. With steady income potential and practical tenant features, this fully occupied property presents an appealing investment opportunity with an established rental history.

  • Houzeo last checked: 10 minutes ago
  • Listing updated: August 6, 2026 at 7:29 pm
  • Listing Provided by: ADAM KARKI (906) 360-5420 | KELLER WILLIAMS FIRST UP (906) 273-1183
  • Source: MiRealSource MLS-MI | MLS#: 50215315 MiRealSource MLS-MI

Property Details

  • Status

    Active

  • Type

    Multi Family

  • No. of Stories

    2

  • County

    Marquette County

  • City

    Palmer

  • Neighborhood

    --

  • Year Built

    1965

  • HOA Fees

    -

  • Finished Area

    3,072 sqft

  • Lot Size

    11,325.6 sqft lot

  • Basement Area

    - sqft

  • MLS Name

    MiRealSource MLS

  • MLS Number

    50215315

  • MLS Status

    Active

  • Days on Market

    96

  • Cumulative Days on Market

    20

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Location

Facts & Features

Rooms

  • Bedrooms & bathrooms

    Bedrooms: 8

    Bathrooms: 4

Interior

  • Cooling

    None

  • Sewer

    Public Sanitary

  • Heating

    Forced Air

  • Appliances

    Dryer, Range/oven, Refrigerator, Washer

Construction

  • Year Built

    Year Built: 1965

  • Home type

    Multi Family

  • Construction Materials

    Aluminum Siding, Brick

  • Foundation Details

    Basement

Utilities & Energy

  • Water Source

    Public

  • Basement

    Full

Other Features

  • Disclosures

    Signed Disclosure

Price History

DateEventPrice

08/06/2026

Source: mls_logoMiRealSource MLS-MI #50215315

Price Decreased

$325,000 -7.14%

$106/sqft

07/17/2026

Source: mls_logoMiRealSource MLS-MI #50215315

Listed for Sale

$350,000

$114/sqft

Based on information from MiRealSource through Oct 22, 2026, 05:45AM . All information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Provided through IDX via MiRealSource, Inc. Courtesy of MiRealSource Shareholder. © 2026 MiRealSource. All Rights Reserved.

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