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

611 W Prospect Street

^$ 379,000

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Recently Listed

611 W Prospect Street

Marshall, MI, 49068

^$ 379,000

Bedrooms-- Baths0.0 Sq 2,838

Monthly Estimate*

^$ 2,393

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Multi-Family Home for sale in Marshall, MI

for $379,000. This 2,838 square foot 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.

Multi-Family Active

Price

^$ 379,000

Property Type

Multi-Family

Taxes

^$ 9,043

Style

Lot Size

0.25

Year Built

1905

Town/City

Marshall

County/Region

Calhoun

MLS | Web ID

70560835

Features

General

Heating Hot Water

Status Active Active

Year Built 1905

County Calhoun

Class MULTIFAMILY

Type Multi-Family

Municipality Marshall

Subdivision MI

Sale/Rent For Sale

Status Detail 0

Area Marshall (13028)

Primary City Marshall

Directions Front Michigan Ave go north on Mulberry turn west on Prospect. Building is on the south side of the road.

City Marshall

School District Marshall Public Schools

Financial Terms Cash Conventional

Legal Description MARSHALL CITY LOWER VILLAGE W 2/3 LOT 4 BLK 7.

DOM 1

Postal Code 49068

Price Per Sq Ft Total AG 133.54

Public Remarks 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

Exterior

Exterior Wood

Frontage 66

Lot Size Area 0.25

Lot Dimensions 66 x 165

Lot Description Sidewalks

Roads Paved Street

Waterfront Y/N No

Interior

Total Number of Units 4

Fuel Type Natural Gas

* Excluded Features

List By

Liz Beischer

Listing Agent

Five Star Real Estate

Broker

lizbeischer@gmail.com

Affordability Calculator

$3,147

Per Month

Monthly Principal & Interest: $2,393
Monthly Property Taxes: $754
Monthly Home Insurance: --

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Interest Rate

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Yearly 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

Trends
Schools

Multi-family listings in Marshall, MI

Average List Price ^$258,800

Percent of Sale Price 32%

About Marshall, MI

7,221 Population

-3% Since 2002

^$46,266 Median Income

41.98 Median Age

23% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

1532880 Elementary School

1532887 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
9/25/2026	$379,000		Listed Price

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611 W Prospect Street, Marshall, MI, 49068 is a Multi-Family Home for sale at $379,000 with 2,838 sqft and 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

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: 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 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.

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611 W Prospect Street

Multi-Family Home for sale in Marshall, MI

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