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Four-Unit Residential Income Property
For Sale
$186,000
Pending

173 E Dibble Street, Marcellus, MI 49067

Four 1-bedroom, 1-bath apartments arranged on main and upper levels for an investor-focused residential income setup.

Property SizeContact for details
Days on Market85

Property Features for 173 E Dibble Street

General Information

Standard status Pending
Total Parking Spaces 6
Property subtype Residential Income

Additional Details

Multifamily Units 4

Taxes and HOA fees

Annual Taxes $2,996

Amenities

Baseboard, Electric
Crawl Space

Building Details

Year Built 1899
Buildings 1
Tenancy Multi
Listing Agency: @properties Christie's Intl RE
Listed By: Martha Hassle · License #6501285895
Source: Evrealestate
Added: Jun 2 Changed: Aug 23 Last Checked: Jul 30 at 4:42AM

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 @properties Christie's Intl RE

Investment Insights

Based on property information with market context.

This four-unit residential income property includes four 1-bedroom, 1-bath apartments. The building is configured with two units on the main level and two units on the upper level, providing separate living space across both floors.

Located in Marcellus, the property is described as convenient to local amenities. The provided mobility data indicates a Somewhat Bikeable area (bikeScore 40) and a Car-Dependent area (walkScore 33), suggesting day-to-day access may be more practical by vehicle.

For investors and owner-operators seeking a straightforward small multifamily asset, the current unit mix is consistent across all four homes: each unit is a 1-bedroom, 1-bath layout. With two apartments per level, the configuration may simplify operating considerations compared with more varied floor plans, while still offering four separate revenue units within a single property.

Key Highlights

  • Four‑unit multifamily built in 1899
  • Four 1‑bedroom, 1‑bath apartments with two units on the main level and two units on the upper level
  • BikeScore 40 (somewhat bikeable) and WalkScore 33 (car‑dependent), indicating area transportation is primarily car‑oriented

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick Parking Lot & Garage (Bike/Boat/Book/etc) Store Auto Parts Store Hair Salon Furniture & Home Goods Real Estate Agency

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

4
Residential units
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

110
Businesses Nearby

Demographics for 49067, MI

4,440
Population
1,977
Households
2.2
Avg Household Size
45
Median Age
15%
College-Educated
93%
High-School Grad
82.2 sq mi
ZIP Area
54
Density / Sq Mi
$77,581
Median Household Income
$42,222
Median Earnings
$903
Median Rent
$186,800
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?
Quadplex - Four 1-bedroom, 1-bath apartments arranged on main and upper levels for an investor-focused residential income setup.
Where is this quadplex located?
The property is located at 173 E Dibble Street Marcellus, MI.
What is the asking price?
The asking price for this property is $186,000.
What are key features of this property?
This property features: Four‑unit multifamily built in 1899; Four 1‑bedroom, 1‑bath apartments with two units on the main level and two units on the upper level; BikeScore 40 (somewhat bikeable) and WalkScore 33 (car‑dependent), indicating area transportation is primarily car‑oriented
More about this property
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