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611 W Prospect Street Marshall, MI $ 379,000
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611 W Prospect Street
$ 379,000
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611 W Prospect Street

Marshall, MI, 49068
$ 379,000
Bedrooms-- Baths0.0

Monthly Estimate*

$ 2,393

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Multi-Family Home for sale in Marshall, MI

for $379,000. This home was built in 1905 on a lot size of 0.25.

GREAT Investment opportunity in the booming town of Marshall. This rare opportunity to purchase a FULLY leased 4-unit apartment building generating over $3,700 per month ($44,400 annually) in gross rental income. This approximately 2,800-square-foot property provides immediate cash flow with long-term appreciation potential due to below-market rents in one of Michigan's strongest small multifamily markets, driven by the construction of the Ford BlueOval Plant. In addition, there is also a possibility of a 5TH APARMENT on the 3rd Floor. Owner is also selling 607 W Prospect (3-unit) next door, which opens up possibilities for portfolio buyers to increase their footprint within the same street.

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Multi-Family Active

Price

$ 379,000

Property Type

Multi-Family

Taxes

$ 9,043

Style

2 to 4 Units

Lot Size

0.25

Year Built

1905

Town/City

Marshall

County/Region

Calhoun

MLS | Web ID

26051181
Features
General
Heating Hot Water
Utilities Cable Available Cable Connected Storm Sewer
Possession Close Of Escrow
Roof Composition
Construction Materials Wood Siding
Year Built 1905
Tenant Pays Electric Gas
Township Marshall City
Property Subtype 2 to 4 Units
Tax Year 2025
County Calhoun
New Construction N
Property Type Multi Family
Attached Garage N
Status Active
Directions Front Michigan Ave go north on Mulberry turn west on Prospect. Building is on the south side of the road.
City Marshall
High School District Marshall
Number Of Units Total 4
Lot Size Units Acres
Lot Size Square Feet 10890.0
Listing Terms Cash Conventional
Land Lease Y/N N
Tax Annual Amount 9043.0
Lease Renewal Y/N N
Additional Parcels Y/N N
Rent Control Y/N N
Standard Status Active
Tax Assessed Value 121965
Legal Description MARSHALL CITY LOWER VILLAGE W 2/3 LOT 4 BLK 7.
Senior Community None
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Interior
Basement Full
Basement (Y/N) Y
Heating Y/N Y
Laundry Features In Basement
Total Baths 0
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Exterior
Parking Features Concrete Driveway
Lot Features Sidewalk
Total Parking 6.0
Lot Size Area 0.25
Number of Buildings 1
Spa N
Lot Dimensions 66 x 165
Lot Size Acres 0.25
Road Surface Type Paved
Waterfront Y/N N
Crops Included Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Internal Only
Street Number 1 611
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* Excluded Features
List By
Five Star Real Estate

Broker

lizbeischer@gmail.com

Email

Affordability Calculator

$3,147
Per Month
76%
24%
0%
Monthly Principal & Interest
$2,393
Monthly Property Taxes
$754
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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THE TIME TO SELL IS NOW! What's my home worth?
Nearby
250905 Elementary School
248888 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
9/25/2026$379,000 Listed Price

Map

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611 W Prospect Street, Marshall, MI, 49068 is a Multi-Family Home for sale at $379,000 with a lot size of 0.25. 611 W Prospect Street has 0.0 baths and was built in 1905. The property's zip code is 49068 which is in Marshall, MI

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