611 W Prospect Street
Marshall, Michigan 49068
4
Bed
0
Bath
0.25Acre(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.
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
-
Interior Features
Laundry Facility,Cable Available Roof: Composition -
Heating & Cooling
Heating: Hot Water Heating Fuel: Natural Gas
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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
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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.
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Tax Information
Annual Tax: $9,043 Parcel Number: 5300023400Possession
At CloseLegal Information
Legal Description: Section: MARSHALL CITY, LOWER VILLAGE W 2/3 LOT 4 BLK 7.
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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
How much is this property worth?
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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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Nearby For Sale
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ByOwner last updated this listing 09/29/2026 @ 15:28
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