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6-Unit Three-Story Apartment Building
For Sale
$299,900

401 Marquette Avenue, Crystal Falls, MI 49920

MULTIFAMILY, More than 2 Stories, Crystal Falls, MI

Property Size5,400 SF
Lot Size0.14 Acres
Price / SF$55.54
Days on Market302

Property Features for 401 Marquette Avenue

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 9
Bathrooms 6
Full bathrooms 6
Rooms Bedroom 3, Bedroom 6, Bathroom 5, Bathroom 1, Bedroom 8, Bedroom 7, Bedroom 9, Bedroom 1, Bathroom 2, Bathroom 6, Bedroom 5, Bedroom 2, Bedroom 4, Basement, Bathroom 4, Bathroom 3
Appliances Dryer, Range/Oven, Refrigerator, Washer
Lot features Corner Lot
Elementary school district Forest Park School District
Middle school district Forest Park School District
High school district Forest Park School District
Subdivision Crystal Falls (36006)
Standard status Active
Size 5,400 SF
Lot size 0.14 Acres

Taxes and HOA fees

Tax Annual Amount 7973

Utilities

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

Amenities

lower level coin-operated laundry
air conditioning in lower level units

Building Details

Year built 1977
Number of units 6
Architectural style Other
Listing Agency: STEPHENS REAL ESTATE-IRON RIVER
Listed By: STEPHEN REMONDINI · License #11057094
Added: Oct 27, 2025 Changed: Aug 19 Last Checked: Aug 24 at 9:06AM
MLS# 50192891

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 6-unit apartment property contains 5,400 square feet across three stories on a 0.14-acre parcel. The unit mix includes three 2-bedroom apartments and three 1-bedroom apartments, with an oven/range and refrigerator in each residence. Lower-level apartments have air conditioning, and coin-operated laundry facilities are located on site. A detached garage provides three vehicle spaces.

Built in 1977, the property is located at 401 Marquette Avenue in Crystal Falls, Michigan. Electric and water are separately metered, with tenants responsible for those utilities. The seller pays for the building’s natural-gas hot-water heating, and the property has public water service.

Key Highlights

  • 6‑unit apartment building with three 2‑bedroom and three 1‑bedroom residences
  • 5,400 square feet on a 0.14‑acre parcel
  • Three‑story property built in 1977

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Real Estate Agency Parking Lot & Garage Dental Office Law Firm (Bike/Boat/Book/etc) Store Furniture & Home Goods

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

6
Residential units

Location Intelligence

Trade Area within ½ mile

175
Businesses Nearby

Demographics for 49920, MI

4,046
Population
3,236
Households
1.3
Avg Household Size
55
Median Age
22%
College-Educated
94%
High-School Grad
401.8 sq mi
ZIP Area
10
Density / Sq Mi
$61,028
Median Household Income
$36,355
Median Earnings
$916
Median Rent
$119,800
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?
Apartment building - Six residences offer one- and two-bedroom layouts, individual kitchen appliances, on-site laundry, and a detached garage.
Where is this apartment building located?
The property is located at 401 Marquette Avenue Crystal Falls, MI.
What is the asking price?
The asking price for this property is $299,900.
What are key features of this property?
This property features: 6‑unit apartment building with three 2‑bedroom and three 1‑bedroom residences; 5,400 square feet on a 0.14‑acre parcel; Three‑story property built in 1977
More about this property
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