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611 W Prospect Street

Marshall, Michigan 49068
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Bed 4

Bed

Bath 0

Bath

Acres0.25

Acre(Lot)

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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Detail Ic Property Details

Property Type : Multifamily

Price : $379,000

AD Id : 91505476

MLS Id : 66026051181

Beds : 4

Lot Size : 0.25 Acre

Tax Amount : $9,043

Year Built : 1905

County : Calhoun

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Feature Features

  • Interior Features

    Laundry Facility,Cable Available Roof: Composition
  • Heating & Cooling

    Heating: Hot Water Heating Fuel: Natural Gas

  • Building Information

    Year Built: 1905 Total Units: 4 Roof: Composition
  • Utility Features

    Sewer: Sewer (Sewer-Sanitary),Storm Drain
  • Water

    Public (Municipal)

  • Lot Information

    Lot Size: 0.25 Lot Dimensions: 66 x 165 Frontage Feet: 66
  • Property Information

    Financing: Cash,Conventional

  • Listing Price Information

    Original List Price: $379,000
  • Listing Information

    Possession: At Close Legal Description: MARSHALL CITY, LOWER VILLAGE W 2/3 LOT 4 BLK 7.

  • Tax Information

    Annual Tax: $9,043 Parcel Number: 5300023400
  • Possession

    At Close
  • Legal Information

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

  • Unit 1 Information

    # of Bedrooms: 2
  • Unit 2 Information

    # of Bedrooms: 1

  • School Information

    School District: Marshall/Albion
  • Utility Information

    Water: Public (Municipal) Sewer: Sewer (Sewer-Sanitary),Storm Drain
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
634 W Green Street , Marshall, MI, 49068 $169,900 4 -- -- 0.13 Acre
19603 N Drive N N, Marshall, MI, 49068 $165,000 2 -- -- 1.29 Acres
607 W Prospect Street , Marshall, MI, 49068 $249,000 6 -- -- 0.16 Acre
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Disclosure: The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited. IDX provided courtesy of Realcomp II Ltd., via ByOwner.com and REALCOMP, Copyright 2026 Realcomp II Ltd. Shareholders. REALTOR (R) licensed in the state of Michigan. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed and to participants of any data share partner MLS.

ByOwner last updated this listing 09/29/2026 @ 15:28

MLS: 66026051181 LISTED BY: Liz Beischer , Five Star Real Estate 269-459-7898 SOURCE: Realcomp II Ltd

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