Mixed-Use Apartment
For Sale
$229,900
137 Lake Linden Avenue, Laurium, MI 49913
COMMERCIAL - Laurium, MI
Property Size3,772 SF
Lot Size0.28 Acres
Price / SF$60.95
Days on Market33
Property Features for 137 Lake Linden Avenue
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
Commercial
Zoning description
Commercial
Parking features
Off Street
Subdivision
Laurium (31019)
Standard status
Active
Size
3,772 SF
Lot size
0.28 Acres
Taxes and HOA fees
Tax Year
2025
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
Roof type
Shingle
Listing Agency:
COLDWELL BANKER SCHMIDT REALTORS
(906) 225-5992
Listed By:
CRAIG HEINONEN · License #UPAR
(906) 231-3635
Added: Jul 20
Changed: Aug 4
Last Checked: Aug 21 at 9:06AM
MLS# 50215788
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.
This mixed-use apartment building offers six total units in a combined residential and commercial configuration. The residential portion includes five apartments: four units with one bedroom and one bathroom, and a fifth unit with a two-bedroom layout. An on-site laundry room is included for tenant convenience.
The property is located at 137 Lake Linden Avenue in Laurium, Michigan, in Houghton County, with zoning designated as Commercial. The building sits on a 0.28-acre lot and totals 3,772 square feet.
The unit mix and on-site laundry room support day-to-day residential use within a structure that also lends itself to commercial application.
The property is located at 137 Lake Linden Avenue in Laurium, Michigan, in Houghton County, with zoning designated as Commercial. The building sits on a 0.28-acre lot and totals 3,772 square feet.
The unit mix and on-site laundry room support day-to-day residential use within a structure that also lends itself to commercial application.
Key Highlights
- 6‑unit multi‑family/commercial building in Laurium
- Residential mix: 5 apartments total—four units with 1 bed/1 bath and one unit with 2 bedrooms
- On‑site laundry room for residents/tenants
Property Analytics
Property Profile
Current Use
Lease Details
5
Residential units
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
334
Businesses Nearby
Explore this area
Business Placement
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Six-unit mixed-use building with five one-bedroom apartments and an on-site laundry room.
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: 6‑unit multi‑family/commercial building in Laurium; Residential mix: 5 apartments total—four units with 1 bed/1 bath and one unit with 2 bedrooms; On‑site laundry room for residents/tenants
