About This Home

This 4-bedroom, 0-bathroom residential multi family at 611 W Prospect Street in Marshall, MI is listed for $379,000. Built in 1905, on a 0.25 acres lot.

Key Features

  • Built in 1905
  • 0.25 acre lot
  • 6 parking spaces

Property Details

4 full
6 spaces
1905
Listing Description

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 rent

s 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.

Monthly Cost Estimate

$2,027/mo

20% down · 6.5% · 30 years

Principal$274
Interest$1,642
Insurance$111

Estimates only. Actual payments may vary.

Location

611 W Prospect Street

Marshall, MI 49068

Property Details

Construction

Wood Siding

Parking

Driveway

Heating

Hot Water(Heating)

Questions & Answers

This 4-bedroom, 0-bathroom residential multi family at 611 W Prospect Street is listed at $379,000. The estimated monthly payment is $2,027 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1905, 0.25 acre lot, 6 parking spaces.

This property is listed by Liz Beischer.

LB

Liz Beischer

Agent at Five Star Real Estate

Listed by Five Star Real Estate · Broker phone: 269-459-7898 · View on Broker Site

MLS# 26051181· Source: Michigan Regional Information Center, LLC.· 37 days on PropertySimple

Copyright © 2026 Michigan Regional Information Center, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

611 W Prospect Street, Marshall, MI 49068

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