Sold

$197,000

511 E Michigan Ave, Marshall, MI 49068

3beds

2baths

1,724sqft

2 to 4 Units

Built in 1905

-- sqft lot

$227,900 Zestimate^®

$114/sqft

$1,470 Estimated rent

Home value

$227,900

$214,000 - $244,000

$1,470/mo

Zestimate^® history

Owner options

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$1,470/mo

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$1,470/mo

Rent Zestimate^®

Refinance and save

$1,382/mo

Est. payment

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$1,382/mo

Est. payment

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What's special

https://site.windowstill.com/511-E-Michigan-Ave. Call Matt Davis, 269-967-3321 OH THE POSSIBILITIES. Located just a block East of Main Street Downtown Marshall. This home offers amazing opportunity. Currently set up as a 2 unit, an upstairs apartment, and main floor living, which could easily be returned back to a single family home. With proximity just steps from downtown, income production options as it sits are strong with good long term (upstairs along is $1200/mt) or short term rental (Airbnb) options. Single family living is also an awesome option. Interior condition is updated on both levels, the home retains much of its historical charm and lots of beautiful wood accents, as well as main flor laundry, there a spacious back yard and porches on front and back (screened).

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 2

Heating

Forced Air

Cooling

Central Air

Appliances

Laundry: Main Level

Features

Basement: Michigan Basement

Interior area

Total interior livable area: 1,724 sqft

Property

Parking

Total spaces: 4

Accessibility

Accessibility features: Accessible Approach with Ramp

Lot

Size: 8,712 Square Feet
Dimensions: 66' x 132'
Features: Level, Sidewalk

Details

Parcel number: 135300107400

Construction

Type & style

Home type: MultiFamily
Property subtype: 2 to 4 Units

Materials

Wood Siding
Roof: Composition

Condition

New construction: No
Year built: 1905

Utilities & green energy

Utilities for property: Phone Available, Cable Available, Phone Connected, Natural Gas Connected

Community & HOA

Location

Region: Marshall

Financial & listing details

Price per square foot: $114/sqft
Tax assessed value: $55,371
Annual tax amount: $4,097
Date on market: 12/22/2023
Listing terms: VA Loan,FHA,Cash,Conventional
Tenant pays: None
Road surface type: Paved

Price history

Date	Event	Price
5/1/2024	Sold	$197,000-6.1%$114/sqft
Source: MichRIC #23145556 Report a problem
2/25/2024	Contingent	$209,900$122/sqft
Source: MichRIC #23145556 Report a problem
11/29/2023	Listed for sale	$209,900$122/sqft
Source: MichRIC #23143339 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$4,328 +6%	$105,400 +5.7%
2024	$4,084	$99,700 +18%
2023	--	$84,500 +20.2%
2022	--	$70,300 +5.9%
2021	--	$66,400 +6.6%
2020	--	$62,300 +20.3%
2018	--	$51,800 +3.6%
2017	--	$50,000 +3.1%
2016	--	$48,500 -1.4%
2015	--	$49,200 -4.3%
2014	--	$51,400 -10.1%
2013	--	$57,200 +20.2%
2011	--	$47,600 +12.5%
2010	--	$42,300 -41.5%
2009	--	$72,300 +52.5%
2008	--	$47,400 -5.4%
2006	--	$50,100 -8.1%
2005	--	$54,500 -6.8%
2004	--	$58,500 +10.4%
2003	--	$53,000