Cathy Smith Realtor since 2000
Real Estate Sales, & Internet Marketing since 2000
REALTOR®, 2000000409
BEDS0
BATHS
MLS#26051181
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
SCHOOLMarshall
Property 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 rents in one of Michigans 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 Features
Property Type: Multi Unit - Multiple
Basement: Full
Heating: Hot Water
Lot Size: 0.25 Acres
Roof Type: Composition
Taxes: $9,043
Year Built: 1905
Feature Descriptions
Days on Site: 9
Exterior: Wood Siding
Laundry: In Basement
Lot: Sidewalk
Lot Dimensions: 66 x 165
Owner Pays: Trash Collection, Water, Sewer
Parcel Number: 53-000-234-00
Parking: Concrete, Driveway
Parking Total: 6
Road Surface: Paved
Sub Type: 2 to 4 Units
Tenant Pays: Electric, Gas
Units: 4
Utilities: Cable Available, Cable Connected, Storm Sewer
Local Schools
School District: Marshall
Listed By / Shown By
Listed By
Agency Name: Five Star Real Estate
Agent Name: Liz Beischer
Agency Phone: 269-459-7898
Shown By
Agent Name: Cathy Smith Realtor since 2000
Agent Phone: Cell: (419) 280-3942
Agency Title: Key Realty
 | The property comes from the Member MLS's of the Michigan Regional Information Center, LLC (MichRIC). Copyright 2026 Michigan Regional Information Center, LLC (MichRIC). All rights reserved. Information deemed reliable, but not guaranteed. Data Last Updated 10/04/2026. |
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Estimated Payment
$ 2,984.14 per month $2,120.02 Principal & Interest $753.58 Property Tax $110.54 Homeowner's InsuranceChange Payment Information
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611 W Prospect Street | MLS# 26051181
This multi-family property located at 611 W Prospect Street, Marshall, MI 49068 is currently listed for sale with an asking price of $379,000. W Prospect Street is located within the Marshall school district. Search Marshall real estate on cathysmith.ikeyrealty.com today.