Mixed-Use Multi-Family
For Sale
$229,900
137 LAKE LINDEN AVE, Laurium, MI 49913
Six-unit building blends five apartments with commercial potential and includes an on-site laundry room.
Property Size3,772 SF
Price / SF$60.95
Days on Market23
Property Features for 137 LAKE LINDEN AVE
General Information
Standard status
Active
Size
3,772 SF
Property subtype
Industrial
Additional Details
Multifamily Units
5
Amenities
on-site laundry room
Window/Wall Unit
3
Shingle
100120
Building Details
Year Built
1900
Listing Agency:
COLDWELL BANKER SCHMIDT REALTORS
(906) 231-3635
Listed By:
CRAIG HEINONEN · License #UPAR
(906) 231-3635
Source:
Xome
Added: Jul 19
Changed: Aug 8
Last Checked: Aug 10 at 2:44AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of COLDWELL BANKER SCHMIDT REALTORS
Investment Insights
Based on property information with market context.
This six-unit mixed-use property combines residential units with commercial potential. The residential portion features five apartments: four units with one bedroom and one bathroom, plus a fifth unit with a two-bedroom layout. An on-site laundry room is also included, providing an in-building amenity for residents.
The property is positioned on a busy street in Laurium, offering visibility that may support storefront or other commercial uses alongside the existing residential setup.
With multiple independently usable units and a built-in amenity, this building offers a straightforward configuration for an investor or operator seeking a combined residential and commercial income approach.
The property is positioned on a busy street in Laurium, offering visibility that may support storefront or other commercial uses alongside the existing residential setup.
With multiple independently usable units and a built-in amenity, this building offers a straightforward configuration for an investor or operator seeking a combined residential and commercial income approach.
Key Highlights
- 6‑unit building with mixed multi‑family and commercial potential
- Residential portion includes 5 apartments: four 1 bed / 1 bath units plus one 2‑bedroom unit
- On‑site laundry room included for tenant use
Property Analytics
Property Profile
Current Use
Lease Details
5
Residential units
Location Intelligence
Trade Area within ½ mile
127
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 building blends five apartments with commercial potential and includes an on-site laundry room.
Where is this apartment building located?
The property is located at 137 LAKE LINDEN AVE 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 building with mixed multi‑family and commercial potential; Residential portion includes 5 apartments: four 1 bed / 1 bath units plus one 2‑bedroom unit; On‑site laundry room included for tenant use
