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Four-Unit Residential Income Property
For Sale
Under Contract
$186,000

173 E Dibble Street, Marcellus, MI 49067

MULTI_FAMILY - Marcellus, MI

Property SizeContact for details
Lot Size0.46 Acres
Days on Market92

Property Features for 173 E Dibble Street

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 4
Full bathrooms 4
Rooms Bathroom 2, Bedroom 2, Basement, Bathroom 1, Bedroom 1, Bathroom 4, Bathroom 3, Bedroom 3, Bedroom 4
Parking 6
Basement Crawl Space
Lot features Level, Corner Lot
Elementary school district Marcellus
Middle school district Marcellus
High school district Marcellus
Standard status Active Under Contract
APN 14-051-531-014-00
Lot size 0.46 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description 377-557 104 B1S-1E VIL MARCELLUS LOT 14 B1S-1E.
Tax Annual Amount 2996
Legal Description 377-557 104 B1S-1E VIL MARCELLUS LOT 14 B1S-1E.

Utilities

Utilities Cable Available
Heating system Baseboard

Building Details

Year built 1899
Number of units 4
Building materials Brick
Listing Agency: @properties Christie's International R.E.
Listed By: Martha Hassle · License #6501285895
Added: Jun 2 Changed: Jul 27 Last Checked: Sep 1 at 5:06PM
MLS# 26026393

Copyright © 2026 Michigan Regional Information Center, LLC. 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 four-unit residential income property offers four 1-bedroom, 1-bath apartments arranged as two units on the main level and two units on the upper level. The building is configured as a quadplex style investment, providing separate rental units within a single property footprint.

Located in Marcellus, the property is described as being near local amenities, supporting ongoing tenant demand for convenient, everyday living. The offering includes a lot size of 0.46 acres.

With multiple units under one ownership structure, this asset is well suited for investors seeking diversified rental income within a small, manageable building. The unit mix of all 1-bedroom, 1-bath layouts may appeal to a broad range of renters while keeping operations streamlined compared with larger multi-structure portfolios. Presented as an income-producing opportunity, it may fit investors looking to add a Marcellus multifamily property to their portfolio.

Key Highlights

  • Brick four‑unit multifamily property with four 1‑bedroom, 1‑bathroom apartments
  • Unit layout includes two units on the main level and two units on the upper level
  • Year built 1899

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick Parking Lot & Garage (Bike/Boat/Book/etc) Store Auto Parts Store Hair Salon Furniture & Home Goods Real Estate Agency

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

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

103
Businesses Nearby

Demographics for 49067, MI

4,440
Population
1,977
Households
2.2
Avg Household Size
45
Median Age
15%
College-Educated
93%
High-School Grad
82.2 sq mi
ZIP Area
54
Density / Sq Mi
$77,581
Median Household Income
$42,222
Median Earnings
$903
Median Rent
$186,800
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?
Quadplex - Four 1-bedroom, 1-bath apartments create multiple rental income streams in a compact multifamily setting.
Where is this quadplex located?
The property is located at 173 E Dibble Street Marcellus, MI.
What is the asking price?
The asking price for this property is $186,000.
What are key features of this property?
This property features: Brick four‑unit multifamily property with four 1‑bedroom, 1‑bathroom apartments; Unit layout includes two units on the main level and two units on the upper level; Year built 1899
More about this property
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