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$249,000
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Property Description
FULLY lease 3-Unit Investment opportunity on a quiet street in the desirable town of Marshall. These opportunities are rare. This Triplex generates a gross rent of $2,600 ($31,200 annually), which provides immediate cash flow, plus allowing investors to capitalize on below-market rents. Seller is also listing 611 W Prospect (immediately next door) for sale and is willing to offer a discount to a qualified portfolio buyer.
Full Property Details
Full Property Details for 607 W Prospect St
General
- Price: $249,000
- Taxes: $7,491
- Status: Active
- Type: Single Family
- Source: SWMRIC_MLS
- MLS ID: 26051239
- Updated: 10/4/2026
- Added to Site: 15 day(s) ago
Parking
- Total Spaces: 4
- Parking Features: Paved
Location
- County: Calhoun
- Cross Streets: Sycamore & Linden
- Driving Directions: Front Michigan Ave, go north on Mulberry, turn west on Prospect. Building is on the south side of the road.
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Window Unit(s)
- Heating Type: Forced Air
Utilities
- Sewer: Public Sewer
- Cable Available: Yes
- Utility Description: Natural Gas Available, Electricity Available, Cable Available, Natural Gas Connected, Cable Connected, Storm Sewer
Structural Information
- # Buildings: 1
- Construction: Vinyl Siding
- Basement: Yes
- Year Built: 1885
Lot Features
- Lot Size (Acres): 0.16
- Lot Size (Sq. Ft.): 6,926
- Lot Dimensions: 66 x 105.00
- Frontage: Paved
- Lot Features: Sidewalk
Financial Considerations
- Tax Amount: $7,491
- Terms: Cash, Conventional
- Landlord Pays: Trash Collection, Electricity, Water, Sewer, Gas
- Tenant Pays: None
Disclosures and Reports
- Legal Description: MARSHALL CITY, LOWER VILLAGE E 2 RDS LOT 4, EXC S 60 FT & W 2 RDS LOT 5, EXC S 60 FT. ALL IN BLK 7.
- Property ID: 53-000-235-00
Listed by Five Star Real Estate, Liz Beischer
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Schools
Schools serving 607 W Prospect St
School District:Marshall Public Schools
| Name | Grades | Distance |
|---|---|---|
Walters Elementary 705 North Marshall Avenue, Marshall, MI 49068 | K-5 | 0.9 mi |
Marshall Middle School, Marshall, MI 100 East Green Street, Marshall, MI 49068 | 6-8 | 0.6 mi |
Marshall High School, Marshall, MI 701 North Marshall Avenue, Marshall, MI 49068 | 9-12 | 1 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 607 W Prospect St
Date
Details
Price
Change
Source
9/25/2026
Listed
$249,000
153.44%
MLS
3/03/2022
Sold
$98,249
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 607 W Prospect St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$7,357
44%
$125,000
6%
2025
$5,116
51%
$118,000
20%
2022
$3,389
—
$98,000
1%
2022
$3,389
8%
$96,700
13%
2020
$3,146
—
$85,600
-5%
2020
$3,146
100%
$89,900
15%
2018
-100%
$78,400
4%
2018
$3,005
100%
$75,500
5%
2016
—
$72,100
—
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 607 W Prospect St
607 W Prospect Street, Marshall, MI 49068 (MLS# 26051239) is a Single Family property with 0 bedrooms and 0 full bathrooms. 607 W Prospect Street is currently listed for $249,000 and was received on September 25, 2026. Want to learn more about 607 W Prospect Street? 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.

