Date
Details
Price
Change
Source
6/15/2026
Listed
$585,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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$585,000 Just Listed
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Property Description
ENJOY DOWNTOWN URBAN LOFT LIVING as the large main floor business rental and 5-Star AirBnB produce income. This distinctive downtown Marshall Classic historic corner building featuring 3+ instant turnkey income opportunities was built as a bank in 1865 with the showroom meticulously restored with 15-foot ceilings, period crown molding and woodwork, a marble fireplace, three 8-foot and two 7-foot tall display windows and a lockable walk-in vault. The 2nd floor is split between an active, transferable 5-Star 'SuperHost' AirBnB with a private balcony and an artful urban one-bedroom apartment, featuring a private owner's passageway between the two with a washer, dryer and housekeeping storage. Each unit has its own private staircase and entry. Used in the 1800's, the 3rd floor could be available for expansion. Enjoy the 500 square foot rooftop patio/garden for afterglow parties and the 2+ private parking spaces on the property. There is ample guest/customer parking on the street or the street or in the free city parking garage kitty corner to the rear. A new boiler was added in 2025 with a mini split heat & AC unit on the 1st floor. First time on the market in 35 years. Asking $585,000.
Full Property Details
Full Property Details for 227 E Michigan Ave
General
- Price: $585,000
- Taxes: $4,985
- Status: Active
- Type: Single Family
- Source: SWMRIC_MLS
- MLS ID: 26029415
- Updated: 6/15/2026
- Added to Site: 5 day(s) ago
Interior
- Number of Rooms: 15
- Interior Features: Ceiling Fan(s), Broadband, Guest Quarters, Eat-in Kitchen
- Fireplace: Yes
- Number of Fireplaces: 1
- Appliances: Bar Fridge, Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 2
- Half Bathrooms: 1
Bedrooms
- Total Bedrooms: 2
Other Rooms
- Laundry: Electric Dryer Hookup, In Hall, Upper Level, Washer Hookup
Exterior
- Exterior Features: Balcony
Parking
- Attached garage: Yes
- Parking Features: Garage Faces Rear, Attached
Location
- County: Calhoun
- Cross Streets: Hamilton & Michigan Ave
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Wall Unit(s), Window Unit(s)
- Heating Type: Baseboard, Hot Water, Steam
Utilities
- Sewer: Public
- Water: Public
- Cable Available: Yes
- Utility Description: Phone Available, Natural Gas Available, Electricity Available, Cable Available, Natural Gas Connected, Cable Connected, Storm Sewer, High-Speed Internet
Structural Information
- Architectural Style: Historic
- Construction: Block, Concrete, Stone
- Basement: Yes
- Roof: Shingle
- Windows: Storms, Window Treatments
- Stories/Levels: 3
- Square Feet: 3,701
- Living Area: 3,701 Sq. Ft.
- Year Built: 1865
Lot Features
- Lot Size (Acres): 0.07
- Lot Size (Sq. Ft.): 3,049
- Lot Dimensions: 24 x 118
- Frontage: Paved
- Lot Features: Corner Lot, Level, Sidewalk
Financial Considerations
- Tax Amount: $4,985
- Terms: Cash, Conventional
Disclosures and Reports
- Legal Description: MARSHALL CITY, UPPER VILLAGE E 24 FT OF LOT 23.
- Property ID: 53-001-023-01
Listed by Berkshire Hathaway HomeServices Michigan Real Estate, Carole Shapiro
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Listing agent
— 227 E Michigan Ave —
Carole Shapiro
Berkshire Hathaway HomeServices Michigan Real Estate
NMLS#: 1598647
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Schools
Schools serving 227 E Michigan Ave
School District:Marshall Public Schools
| Name | Grades | Distance |
|---|---|---|
Walters Elementary 705 North Marshall Avenue, Marshall, MI 49068 | K-5 | 1 mi |
Marshall Middle School, Marshall, MI 100 East Green Street, Marshall, MI 49068 | 6-8 | 0.1 mi |
Marshall High School, Marshall, MI 701 North Marshall Avenue, Marshall, MI 49068 | 9-12 | 0.9 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 227 E Michigan Ave
Tax History
Tax History for 227 E Michigan Ave
Year
Property Taxes
Change
Tax Assessment
Change
2025
$3,499
-21%
$75,900
8%
2022
$4,406
—
$70,300
-2%
2022
$4,406
8%
$71,900
4%
2020
$4,095
—
$69,200
-5%
2020
$4,095
100%
$72,700
8%
2018
-100%
$67,300
9%
2018
$3,913
100%
$61,900
-22%
2016
—
$79,000
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 227 E Michigan Ave
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- Single Family
- Active
- Updated 3 days ago
- 3Beds
- 4Total Baths
- 2,945Sq. Ft.
- Single Family
- Active
- Updated 12 days ago
- 4Beds
- 4Total Baths
- 4,892Sq. Ft.
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- Single Family
- Active
- Updated 2 days ago
- 3Beds
- 2Total Baths
- 2,184Sq. Ft.
- Single Family
- Active
- Updated 3 days ago
- 3Beds
- 3Total Baths
- 3,288Sq. Ft.
- Single Family
- Active
- Updated 2 days ago
- 3Beds
- 2Total Baths
- 2,220Sq. Ft.
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- Single Family
- Active
- Updated 6 days ago
- 3Beds
- 2Total Baths
- 1,152Sq. Ft.
- Single Family
- Active
- Updated 12 hours ago
- 3Beds
- 1Total Bath
- 1,344Sq. Ft.
- Single Family
- Active
- Updated 2 days ago
- 5Beds
- 1Total Bath
- 1,608Sq. Ft.
- Single Family
- Active
- Updated 5 days ago
- 4Beds
- 2Total Baths
- 2,002Sq. Ft.
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227 E Michigan Avenue, Marshall, MI 49068 (MLS# 26029415) is a Single Family property with 2 bedrooms, 2 full bathrooms and 1 partial bathroom. 227 E Michigan Avenue is currently listed for $585,000 and was received on June 15, 2026. Want to learn more about 227 E Michigan Avenue? Do you have questions about finding other Single Family real estate for sale in Marshall? You can browse all Marshall real estate or contact a Coldwell Banker agent to request more information.