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$379,000
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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 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.
Full Property Details
Full Property Details for 611 W Prospect St
General
- Price: $379,000
- Taxes: $9,043
- Status: Active
- Type: Single Family
- Source: SWMRIC_MLS
- MLS ID: 26051181
- Updated: 9/25/2026
- Added to Site: 15 day(s) ago
Rooms
Other Rooms
- Laundry: In Basement
Parking
- Total Spaces: 6
- Parking Features: Concrete, Driveway
Location
- County: Calhoun
- Cross Streets: Mulberry & 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
- Heating Type: Hot Water
Utilities
- Cable Available: Yes
- Utility Description: Cable Available, Cable Connected, Storm Sewer
Structural Information
- # Buildings: 1
- Construction: Wood Siding
- Basement: Yes
- Roof: Composition
- Year Built: 1905
Lot Features
- Lot Size (Acres): 0.25
- Lot Size (Sq. Ft.): 10,890
- Lot Dimensions: 66 x 165
- Frontage: Paved
- Lot Features: Sidewalk
Financial Considerations
- Tax Amount: $9,043
- Terms: Cash, Conventional
- Landlord Pays: Trash Collection, Water, Sewer
- Tenant Pays: Electricity, Gas
Disclosures and Reports
- Legal Description: MARSHALL CITY, LOWER VILLAGE W 2/3 LOT 4 BLK 7.
- Property ID: 53-000-234-00
Listed by Five Star Real Estate, Liz Beischer
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Schools
Schools serving 611 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 611 W Prospect St
Date
Details
Price
Change
Source
9/25/2026
Listed
$379,000
136.88%
MLS
2/23/2018
Sold
$160,000
—
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 611 W Prospect St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$9,145
42%
$178,900
5%
2025
$6,440
-18%
$169,800
21%
2022
$7,844
—
$140,000
16%
2022
$7,844
54%
$120,200
12%
2020
$5,078
—
$107,300
-5%
2020
$5,078
100%
$113,000
21%
2018
-100%
$93,100
33%
2018
$3,975
100%
$70,100
2%
2016
—
$68,600
—
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 611 W Prospect St
611 W Prospect Street, Marshall, MI 49068 (MLS# 26051181) is a Single Family property with 0 bedrooms and 0 full bathrooms. 611 W Prospect Street is currently listed for $379,000 and was received on September 25, 2026. Want to learn more about 611 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.

