607 W Prospect Street Marshall, MI ^$ 249,000

607 W Prospect Street

^$ 249,000

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Recently Listed

607 W Prospect Street

Marshall, MI, 49068

^$ 249,000

Bedrooms-- Baths0.0

Monthly Estimate*

^$ 1,572

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Multi-Family Home for sale in Marshall, MI

for $249,000. This home was built in 1885 on a lot size of 0.16.

FULLY lease 3-Unit Investment opportunity on a quiet street in the desirable town of Marshall. These opportunities are rare. This Triplex generates a gross rent of $2,600 ($31,200 annually), which provides immediate cash flow, plus allowing investors to capitalize on below-market rents. Seller is also listing 611 W Prospect (immediately next door) for sale and is willing to offer a discount to a qualified portfolio buyer.

Multi-Family Active

Price

^$ 249,000

Property Type

Multi-Family

Taxes

^$ 7,491

Style

Lot Size

0.16

Year Built

1885

Town/City

Marshall

County/Region

Calhoun

MLS | Web ID

70560904

Features

General

Heating Forced Air

Garage Additional Garage(s)

Status Active Active

Year Built 1885

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 E 2 RDS LOT 4 EXC S 60 FT & W 2 RDS LOT 5 EXC S 60 FT. ALL IN BLK 7.

DOM 1

Postal Code 49068

Public Remarks FULLY lease 3-Unit Investment opportunity on a quiet street in the desirable town of Marshall. These opportunities are rare. This Triplex generates a gross rent of $2 600 ($31 200 annually)

Interior

Basement MI Basement

Total Number of Units 3

Fuel Type Natural Gas

Exterior

Exterior Vinyl Siding

Frontage 66

Lot Size Area 0.16

Lot Dimensions 66 x 105.00

Lot Description Sidewalks

Roads Paved Street

Waterfront Y/N No

* Excluded Features

List By

Liz Beischer

Listing Agent

Five Star Real Estate

Broker

lizbeischer@gmail.com

Affordability Calculator

$2,196

Per Month

Monthly Principal & Interest: $1,572
Monthly Property Taxes: $624
Monthly Home Insurance: --

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Down Payment

Loan Term

Interest Rate

Yearly Property Taxes

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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Nearby

Trends
Schools

Multi-family listings in Marshall, MI

Average List Price ^$258,800

Percent of Sale Price 4%

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	$249,000		Listed Price

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607 W Prospect Street, Marshall, MI, 49068 is a Multi-Family Home for sale at $249,000 with a lot size of 0.16. 607 W Prospect Street has 0.0 baths and was built in 1885. 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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607 W Prospect Street

Multi-Family Home for sale in Marshall, MI

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