$349,500
Marshall, MI 49068
MLS# 26006985
Status: Pending
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Property Description
FANTASTIC INVESTMENT OPPORTUNITY in a prime location! This well-maintained 4-plex features 3 spacious 1 bedroom apartments, each offering modern updated kitchens with appliances & renovated baths. The 4th unit is a newly remodeled efficiency apartment that's perfect for maximizing rental income. Three of the four units include washers & dryers adding extra appeal for tenants. Tenants pay their own gas and electricity. This multi-unit is situated in a highly desirable area close to shopping, dining, and everyday amenities. Whether you are a seasoned investor or just looking to expand your portfolio with a strong income producing asset, you need to consider this property. The sellers made that decision 48 years ago! Asking $349,500.
Details
Maps
Location & Property Info
Cross Streets: Prospect & Mansion Street
Property Sub-Type: 2 to 4 Units
Municipality: Marshall City
Office/Contract Info
Auction or For Sale: For Sale
List Price/SqFt: 135.73
General Property Info
New Construction: No
Lot Dimensions: 59x87
Road Frontage: 59
Waterfront: No
Basement: Yes
Total # Units: 4
# of Diff Unit Floor Plans: 4
Total # Bldgs: 1
Total Approx. SqFt All Bldgs: 2575
Total Parking Spaces: 3
School District: Marshall
Lot Measurement: Acres
Lot Square Footage: 5140
Lot Acres: 0.12
Year Built: 1900
Tax Info
Taxable Value: 50876
SEV: 122500
For Tax Year: 2025
Seller's Annual Property Tax: 3704
Tax Year: 2025
Homestead %: 0
Spec Assessment & Ty: N/A
Tax ID #: 53-000-341-01
Remarks & Misc
Public Remarks: FANTASTIC INVESTMENT OPPORTUNITY in a prime location! This well-maintained 4-plex features 3 spacious 1 bedroom apartments, each offering modern updated kitchens with appliances & renovated baths. The 4th unit is a newly remodeled efficiency apartment that's perfect for maximizing rental income. Three of the four units include washers & dryers adding extra appeal for tenants. Tenants pay their own gas and electricity. This multi-unit is situated in a highly desirable area close to shopping, dining, and everyday amenities. Whether you are a seasoned investor or just looking to expand your portfolio with a strong income producing asset, you need to consider this property. The sellers made that decision 48 years ago! Asking $349,500.
Legal: MARSHALL CITY, LOWER VILLAGE N 59 FT OF W 87 1/4 FT OF LOT 1 BLK 12.
Lot Description
Corner Lot: 1
Level: 1
Sidewalk: 1
Street Type
Paved: 1
Public: 1
Util Avail at Street
Cable Available: 1
Electricity Available: 1
High Speed Internet: 1
Natural Gas Available: 1
Phone Available: 1
Public Sewer: 1
Public Water: 1
Storm Sewer: 1
Utilities Attached
Electricity Connected: 1
Natural Gas Connected: 1
Sewer
Public Sewer: 1
Water
Private Water: 1
Terms Available
Cash: 1
Conventional: 1
Mineral Rights
No: 1
Exterior Material
Wood Siding: 1
Roofing
Composition: 1
Heat Source
Natural Gas: 1
Sale Conditions
None: 1
Heat Type
Forced Air: 1
Air Conditioning
Window Unit(s): 1
Access Feat
Accessibility Features: No
Tenant Pays
Electric: 1
Gas: 1
Driveway
Paved: 1
Substructure
Full: 1
Michigan Basement: 1
Extras
Sep Electric Meter: 1
Sep Gas Meter: 1
Owner Pays
Sewer: 1
Trash Collection: 1
Water: 1
Unit 1
Unit #: 1
Unit Description: 1
SqFt: 614
Occupied: Yes
Bedrooms: 1
Bathrooms: 1
Full Baths: 1
A/C Unit: 1
Range Oven: 1
Refrigerator: 1
Sep. Heat System: 1
W/D Hookup: 1
Washer/Dryer: 1
Unit 2
Unit Description: 2
SqFt: 643
Occupied: No
Bedrooms: 1
Bathrooms: 1
Full Baths: 1
A/C Unit: 1
Range/Oven: 1
Refrigerator: 1
Sep. Heat System: 1
W/D Hookup: 1
Washer/Dryer: 1
Unit 3
Unit Description: 3
SqFt: 572
Occupied: Yes
Bedrooms: 1
Bathrooms: 1
Full Baths: 1
Range/Oven: 1
A/C Unit: 1
Refrigerator: 1
Sep. Heat System: 1
Unit 4
Unit Description: efficiency
SqFt: 338
Occupied: No
Bedrooms: 1
Bathrooms: 1
Full Baths: 1
Range/Oven: 1
Refrigerator: 1
Sep. Heat System: 1
W/D Hookup: 1
Washer/Dryer: 1
Possession
Close Of Escrow: 1
Location Property Info
County: Calhoun
Street #: 222
Street Direction: N
Street Name: Eagle
Suffix: Street
State: MI
Zip Code: 49068
OfficeContract Info
Status: Pending
Current Price: $349,500
List Price: $349,500
Listing Date: 2026-02-26
Status Change Info
Under Contract Date: 2026-03-03
Property Features
Exterior Material: Wood Siding
Roofing: Composition
Substructure: Full; Michigan Basement
Lot Description: Corner Lot; Level; Sidewalk
Sewer: Public Sewer
Water: Private Water
Utilities Attached: Electricity Connected; Natural Gas Connected
Util Avail at Street: Cable Available; Electricity Available; High Speed Internet; Natural Gas Available; Phone Available; Public Sewer; Public Water; Storm Sewer
Extras: Sep Electric Meter; Sep Gas Meter
Owner Pays: Sewer; Trash Collection; Water
Tenant Pays: Electric; Gas
Heat Source: Natural Gas
Heat Type: Forced Air
Air Conditioning: Window Unit(s)
Driveway: Paved
Street Type: Paved; Public
Mineral Rights: No
Terms Available: Cash; Conventional
Possession: Close Of Escrow
Sale Conditions: None
Unit 1: A/C Unit; Range Oven; Refrigerator; Sep. Heat System; W/D Hookup; Washer/Dryer
Unit 2: A/C Unit; Range/Oven; Refrigerator; Sep. Heat System; W/D Hookup; Washer/Dryer
Unit 3: Range/Oven; A/C Unit; Refrigerator; Sep. Heat System
Unit 4: Range/Oven; Refrigerator; Sep. Heat System; W/D Hookup; Washer/Dryer
Listing Office: Berkshire Hathaway HomeServices Michigan Real Estate
Listing Agent: Carole Shapiro
Last Updated: March - 24 - 2026
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