Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    401 Marquette Ave Crystal Falls, MI 49920

    For Sale
    $399,000

    Multi-Family, More Than 2 Stories - Crystal Falls, MI

    Property size:
    5,400 SF
    Lot size:
    0.14 Acres
    Days on Market:
    39
    Last Refresh:
    Dec 6 at 6:06 pm

    Property Features for 401 Marquette Ave

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Rooms
    Basement, Bathroom 1, Bathroom 2, Bathroom 3, Bathroom 4, Bathroom 5, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5
    Bedrooms
    9
    Bathrooms
    6
    APN
    052-140-199-00
    Parking features
    Garage, Garage - Detached
    Basement Y/N
    1
    Appliances
    Dryer, Range, Refrigerator
    Size
    5,400 SF
    Lot size
    0.14 Acres

    Utilities

    Cooling system
    Wall/Window Unit(s)

    Building Details

    Year built
    1977
    Floors in Building
    2
    Number of units
    6
    Building materials
    Vinyl Siding
    Architectural style
    Other

    WILD RIVERS REALTY-F (800) 650-2842

    Listing agent STEPHEN REMONDINI (906) 265-7325

    Listing date Oct 29, 2025

    MLS# 50192891 Listing URL

    Copyright © 2025 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.

    Overview

    Turn-Key 6-Unit Investment Opportunity

    This 3-story complex in Crystal Falls, MI, presents a turn-key investment opportunity. It features six units: three with two bedrooms and three with one bedroom. Each unit includes an oven/range and refrigerator. On-site amenities include coin-operated laundry facilities in the lower level and air conditioning in the lower level units. A detached three-car garage is also included. Each unit has separate meters for electric and water, for which tenants are responsible. The building is heated with natural gas hot water, which the seller pays. The property is located at 401 Marquette, Crystal Falls, MI 49920.
    Property Profile Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Crystal Falls
    County
    Iron
    State
    Michigan
    Longitude
    -88.332942
    Latitude
    46.095494

    Nearby Similar for Sale

    • $90,000
      2,489 SF

      Charming Duplex in Crystal Falls

      Spacious duplex with separate utilities, updated features, and investment potential.
      220 S 4Th St, Crystal Falls, MI 49920
      View Details
    • $114,000
      5,663 SF

      Turnkey Bakery & Café Opportunity

      Fully operational bakery and café in Crystal Falls, Michigan.
      318 Superior Ave, Crystal Falls, MI 49920
      View Details
    • $49,500
      0.16 Acres

      Garage in Crystal Falls, MI

      Insulated garage with metal roof, city water and sewer available.
      5 Marquette Ave, Crystal Falls, MI 49920
      View Details
    • $179,900
      22,398 SF

      Iconic Antique Storefront in Crystal Falls

      Established antique store with development potential in Crystal Falls, MI.
      308/312 Superior Ave, Crystal Falls, MI 49920
      View Details

    FAQs

    What type of property is this?
    Apartment building - 6-unit complex with on-site laundry and detached garage.
    Where is this apartment building located?
    The property is located at 401 Marquette Ave Crystal Falls, MI.
    What is the asking price?
    The asking price for this property is $399,000.
    What are key features of this property?
    This property features: - Turn-key investment opportunity with 6 units (three 2-bedroom, three 1-bedroom).; - Separate electric and water meters for each unit, tenant-paid.; - On-site coin-operated laundry facilities.
    (906) 265-7325
    Request Owner's contact information
    401 Marquette Ave Crystal Falls, MI 49920
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    401 Marquette Ave
    Crystal Falls, MI 49920
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    401 Marquette Ave Crystal Falls, MI 49920
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.