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Jim Blehm

Team Owner, Realtor® | The Blehm Group | Keller Williams

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611 W Prospect St , Marshall, MI 49068
$379,000
Est. Payment: $842.22/mo
0.25 Acres
Status: active | Days on site: 25
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Jim Blehm
Team Owner, Realtor®

House 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.

Highlights

Listed by Liz Beischer , 231-329-3877 Five Star Real Estate , 269-459-7898. MichRIC

Property Type

Multi-Family

Lot/Acreage
0.25

Year Built

1905

County

Calhoun

School District

Marshall

Listing ID

26051181

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Interior Features

Basement:Full

Exterior Features

Lot:Sidewalk
Garage Capacity:6
Roof:Composition
Parking Features:Concrete,Driveway
Principal Interest
$842
Taxes
$754

Home Price

$379,000

Loan Details

30 yrs
0%

Down Payment

20%
$75,800
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$842.22

Principal

Taxes

Principal Taxes HOA Total
Monthly $842.22 $753.58 $0.00 $1,595.81
Yearly $10,106.67 $9,043.00 $0.00 $19,149.67
Total $303,200.00 $271,290.00 $0.00 $574,490.00
Lender profile image
Brian Belinger
Loan Originator
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Market insight data is pulled from the same city as the listing being viewed (Marshall, MI).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Information provided by Southwestern Michigan Regional Information Center, LLC and is deemed reliable but not guaranteed accurate.

Data last updated: 2026-11-01T10:17:45.000Z

© 2026 MichRIC