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Six-Unit Apartment Building with Laundry Room
For Sale
$229,900

137 Lake Linden Avenue, Laurium, MI 49913

MULTI_FAMILY - Laurium, MI

Property Size3,776 SF
Lot Size0.28 Acres
Price / SF$60.88
Days on Market33

Property Features for 137 Lake Linden Avenue

General Information

Property type Residential Multi Family
Property subtype Other
Zoning description Commercial
Bedrooms 6
Bathrooms 6
Full bathrooms 5
Half bathrooms 1
Rooms Bathroom 4, Bedroom 6, Bedroom 5, Bedroom 2, Basement, Bedroom 3, Bedroom 1, Bedroom 4, Bathroom 3, Bathroom 5, Bathroom 6, Bathroom 1, Bathroom 2
Parking features Driveway
Interior features Cable/Internet Avail.
Exterior features Sidewalks, Street Lights
Appliances Range/Oven, Refrigerator
Subdivision Lake Linden Ave
Lot features Sidewalks
Elementary school district Public Schools of Calumet
Middle school district Public Schools of Calumet
High school district Public Schools of Calumet
Standard status Active
Size 3,776 SF
Lot size 0.28 Acres

Utilities

Heating system Hot Water(Heating)
Cooling system Wall/Window Unit(s)
Water source Public

Amenities

on-site laundry room

Building Details

Year built 1900
Floors in Building 2
Number of units 6
Architectural style Other
Listing Agency: COLDWELL BANKER SCHMIDT REALTORS
Listed By: CRAIG HEINONEN · License #UPAR
Added: Jul 20 Changed: Aug 2 Last Checked: Aug 21 at 8:06AM
MLS# 50215790

Copyright © 2026 Upper Peninsula Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

Six-unit apartment building totaling 3,776 SF on a 0.28-acre lot, built in 1900. The residential mix includes five apartments with one bedroom and one bathroom, plus one larger two-bedroom unit. An on-site laundry room adds day-to-day convenience for residents.

The property is located at 137 Lake Linden Avenue in Laurium, MI. Exterior features include sidewalks and street lights, and the building offers driveway parking. Utility and service details include public water availability, hot water heating, and wall/window unit cooling.

Interior amenities include cable/internet availability, and in-unit appliances are listed as range/oven and refrigerator. Heating is provided via Hot Water(Heating), supporting year-round residential use.

Key Highlights

  • Six‑unit apartment building with on‑site laundry room
  • Unit mix: five one‑bedroom, one‑bath apartments plus one two‑bedroom unit
  • 3,776 SF on a 0.28‑acre lot

Property Analytics

Current Use

People's Choice Hair ... Hair Salon

Suggested Use

Top Pick Law Firm HVAC Service Parking Lot & Garage Nail Salon Daycare Center Barber Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

5
Residential units
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

334
Businesses Nearby

Demographics for 49913, MI

7,218
Population
3,990
Households
1.8
Avg Household Size
42
Median Age
25%
College-Educated
93%
High-School Grad
75.5 sq mi
ZIP Area
96
Density / Sq Mi
$50,469
Median Household Income
$31,667
Median Earnings
$678
Median Rent
$92,700
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Six-unit apartment building with on-site laundry room, public water, hot water heating, and wall/window AC units.
Where is this apartment building located?
The property is located at 137 Lake Linden Avenue Laurium, MI.
What is the asking price?
The asking price for this property is $229,900.
What are key features of this property?
This property features: Six‑unit apartment building with on‑site laundry room; Unit mix: five one‑bedroom, one‑bath apartments plus one two‑bedroom unit; 3,776 SF on a 0.28‑acre lot
More about this property
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