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For sale
  • $229,900

    137 Lake Linden Ave, Calumet, MI 49913

    6beds
    3,776sqft
    : 
    $1,600/mo
    Get pre-qualified
    Multi Family
    Built in 1900
    -- sqft lot
    $-- Zestimate®
    $61/sqft
    $-- HOA

    What's special

    Five apartmentsFunctional floor plansConvenient on-site laundry room
    Introducing a fantastic 6-unit multi-family/commercial property in the bustling heart of Laurium, presenting an incredible investment opportunity! This versatile property is perfectly situated on a busy street, offering outstanding visibility for potential businesses such as a storefront, laundromat, or countless other possibilities. The building features a harmonious blend of residential and commercial potential, ensuring a constant stream of income. The residential component of this property consists of five apartments, four of which boast one bedroom and one bathroom, while the fifth unit offers a more spacious two-bedroom layout. Each unit is designed for comfortable living with functional floor plans. Adding to the property's desirability is the convenient on-site laundry room, providing a valuable amenity to the tenants and contributing to a hassle-free living experience. Capitalizing on its prime location, this Laurium property presents a fantastic opportunity for a savvy investor looking to diversify their portfolio or an entrepreneur seeking a high-traffic location to establish a thriving business such as a laundromat. Don't miss out on the potential that this 6-unit multi-family/commercial property has to offer! Explore the possibilities and seize the opportunity to invest in this piece of Laurium today!
    5 days
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    Zillow last checked:

    Listing updated:

    Listed by:

    CRAIG HEINONEN 906-231-3635,

    COLDWELL BANKER SCHMIDT REALTORS 906-225-5992

    Source: MiRealSource,MLS#: 50215790MLS LogoOriginating MLS: Upper Peninsula Assoc of Realtors

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 6
      • Bathrooms: 6
      • Full bathrooms: 5
      • 1/2 bathrooms: 1
      Heating
      • Hot Water
      Cooling
      • Wall/Window Unit(s)
      Appliances
      • Included: Range/Oven, Refrigerator, Gas Water Heater
      • Laundry: Common Area
      Features
      • Basement: Stone
      • Has fireplace: No
      Interior area
      • Total structure area: 3,776
      • Total interior livable area: 3,776 sqft

      Property

      Parking
      • Total spaces: 3
      • Parking features: 3 or More Spaces, Driveway
      Features
      • Levels: One and One Half
      • Stories: 1.5
      • Exterior features: Sidewalks, Street Lights
      • Waterfront features: None
      • Frontage length: 100
      Lot
      • Size: 0.28 Acres
      • Dimensions: 100 x 120
      • Features: Sidewalks
      Details
      • Parcel number: 04410900200
      • Zoning: Corridor Mixed-Use
      • Zoning description: Commercial
      • Special conditions: Private,Standard

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Multi Family
      Materials
      • Cedar
      • Foundation: Basement, Stone
      Condition
      • Year built: 1900

      Utilities & green energy

      • Gas: Natural Gas
      • Sewer: Public Sanitary
      • Water: Public
      • Utilities for property: Cable/Internet Avail.

      Community & HOA

      Community
      • Features: Grounds Maintenance, Sidewalks, Street Lights, Private Entry
      • Subdivision: Lake Linden Ave
      Location
      • Region: Calumet

      Financial & listing details

      • Price per square foot: $61/sqft
      • Date on market: 7/22/2026
      • Cumulative days on market: 7 days
      • Listing agreement: Exclusive Right To Sell
      • Listing terms: Cash,Conventional
      • Lease term: Month To Month
      • Total actual rent: 3675
      • Road surface type: Paved

        Estimated market value

        Not available

        Estimated sales range

        Not available

        $1,859/mo

        Price history

        DateEventPrice
        7/22/2026Listed for sale$229,900+2.2%$61/sqft
        Source: MiRealSource #50215790 Report a problem
        10/9/2023Listing removed$225,000$60/sqft
        Source: Upper Peninsula AOR #50107572 Report a problem
        5/3/2023Listed for sale$225,000$60/sqft
        Source: Upper Peninsula AOR #50107572 Report a problem

        Public tax history

        Tax history is unavailable.

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 49913

        Getting around

        50 / 100
        Somewhat Walkable
        44 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • District: Public Schools of Calumet

        Source: MiRealSource. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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