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6-Unit Mixed-Use Building
For Sale
$229,900

137 LAKE LINDEN AVENUE, Laurium, MI 49913

LAURIUM, MI

Property Size3,776 SF
Price / SF$60.88
Days on Market9

Property Features for 137 LAKE LINDEN AVENUE

General Information

Property type Residential Multi Family
Property subtype Single Family Attached
Bedrooms 6
Bathrooms 6
Full bathrooms 5
Half bathrooms 1
Rooms Bedroom 2, Bedroom 5, Bedroom 6, Bedroom 4, Bedroom 3, Bedroom 1
Subdivision Lake Linden Ave
Standard status Active
Size 3,776 SF

Amenities

on-site laundry

Building Details

Year built 1900
Listing Agency: Marquette · Coldwell Banker Real Estate
Listed By: Craig Heinonen · License #UPAR
Added: Aug 13 Changed: Aug 20 Last Checked: Aug 21 at 4:06PM
MLS# 50215790

Copyright © 2026 Coldwell Banker Schmidt 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 mixed-use property contains 3,776 square feet and was built in 1900. The six-unit configuration includes five apartments: four one-bedroom, one-bath units and one two-bedroom apartment. An on-site laundry room serves the residential component, while the remaining portion provides commercial potential within the building.

Located at 137 Lake Linden Avenue in Laurium, Michigan, the property sits along a busy street with visibility for business operations. The combination of residential units, commercial space, and established laundry infrastructure creates a flexible layout for an owner or operator evaluating both housing and storefront uses.

Key Highlights

  • 3,776‑square‑foot mixed‑use property built in 1900
  • Six total units, including five apartments and commercial space
  • Four one‑bedroom, one‑bath apartments

Property Analytics

Current Use

People's Choice Hair ... Hair Salon

Suggested Use

Top Pick Law Firm HVAC Service Parking Lot & Garage Nail Salon Daycare Center Barber Shop

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

5
Residential units

Location Intelligence

Trade Area within ½ mile

334
Businesses Nearby

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

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Versatile property combines five apartments, commercial space, and an on-site laundry room along a busy street.
Where is this mixed-use property 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: 3,776‑square‑foot mixed‑use property built in 1900; Six total units, including five apartments and commercial space; Four one‑bedroom, one‑bath apartments
More about this property
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