6-Unit Apartment Building with Commercial
For Sale
$229,900
137 Lake Linden Avenue, Laurium, MI 49913
MULTIFAMILY, 1 1/2 Story, Laurium, MI
Property Size3,776 SF
Lot Size0.28 Acres
Price / SF$60.88
Days on Market49
Property Features for 137 Lake Linden Avenue
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning description
Commercial
Bedrooms
6
Bathrooms
6
Full bathrooms
5
Half bathrooms
1
Rooms
Bathroom 1, Bedroom 1, Bathroom 5, Basement, Bedroom 3, Bedroom 6, Bedroom 4, Bathroom 3, Bathroom 6, Bathroom 4, Bathroom 2, Bedroom 2, Bedroom 5
Parking features
Driveway
Interior features
Cable/Internet Avail.
Exterior features
Sidewalks, Street Lights
Appliances
Range/Oven, Refrigerator
Subdivision
Lake Linden Ave
Lot features
Sidewalks
Elementary school district
Public Schools of Calumet
Middle school district
Public Schools of Calumet
High school district
Public Schools of Calumet
Standard status
Active
Size
3,776 SF
Lot size
0.28 Acres
Utilities
Heating system
Hot Water(Heating)
Cooling system
Wall/Window Unit(s)
Water source
Public
Amenities
on-site laundry
Building Details
Year built
1900
Floors in Building
2
Number of units
6
Architectural style
Other
Listing Agency:
COLDWELL BANKER SCHMIDT REALTORS
(906) 225-5992
Listed By:
CRAIG HEINONEN · License #6506047729
(906) 231-3635
Added: Jul 20
Changed: Sep 3
Last Checked: Sep 6 at 5:06AM
MLS# 50215790
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 3,776-square-foot apartment property on a 0.28-acre parcel includes six total units, with five residential apartments and an additional commercial component. The apartment mix comprises four one-bedroom, one-bath units and one two-bedroom unit. An on-site laundry room adds shared functionality for residents, while ranges and refrigerators are included in the apartments. The building was constructed in 1900 and is served by hot-water heating, wall/window unit cooling, and public water.
Located on Lake Linden Avenue in Laurium, the property sits along a busy street with sidewalks and street lighting. A driveway provides on-site parking access. The layout combines residential occupancy with commercial use potential in a single multifamily asset.
Located on Lake Linden Avenue in Laurium, the property sits along a busy street with sidewalks and street lighting. A driveway provides on-site parking access. The layout combines residential occupancy with commercial use potential in a single multifamily asset.
Key Highlights
- Six total units, including five apartments and an additional commercial component
- Residential mix includes four 1‑bedroom/1‑bath units and one 2‑bedroom unit
- 3,776 square feet on 0.28 acres
Property Analytics
Property Profile
Current Use
Lease Details
5
Residential units
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 - Five apartments, an additional commercial component, and on-site laundry serve residential and business-oriented occupancy needs.
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: Six total units, including five apartments and an additional commercial component; Residential mix includes four 1‑bedroom/1‑bath units and one 2‑bedroom unit; 3,776 square feet on 0.28 acres
