Building Details

Year Built 1885

Units 3

Listing Agency: Five Star Real Estate

Listed By: Liz Beischer Show Phone

Source: Elliman

Added: Sep 28 Last Checked: Oct 5 at 4:42PM

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Investment Insights

Based on property information with market context.

This three-unit residential income property in Marshall, Michigan, was built in 1885 and is fully leased. Its configuration offers three rental units within one property.

The property has a BikeScore of 53, rated Bikeable, and a WalkScore of 49, rated Car-Dependent.

Key Highlights

• Three‑unit residential property, built in 1885
• Fully leased
• BikeScore: 53, rated Bikeable

Property Analytics

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Current Use

Triplexes

Suggested Use

Top Pick HVAC Service Plumbing Service (Bike/Boat/Book/etc) Store Computer & Electronic Repair Electrical Service Storage Facility

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

3

Residential units

100%

Occupancy

Location Intelligence

Trade Area within ½ mile

792

Businesses Nearby

Explore this area Business Placement

Demographics for 49068, MI

14,325

Population

6,901

Households

2.1

Avg Household Size

45

Median Age

36%

College-Educated

96%

High-School Grad

129.9 sq mi

ZIP Area

110

Density / Sq Mi

$78,476

Median Household Income

$47,198

Median Earnings

$904

Median Rent

$196,800

Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022

7.5% 2023

7.8% 2024

8% 2025

Questions? Ask Rey

Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

What type of property is this? Where is this triplexes located? What is the asking price? Find similar properties What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Triplex - All three residential units are leased, with the property located in Marshall, Michigan.

Where is this triplex located?

The property is located at 607 W Prospect St Marshall, MI.

What is the asking price?

The asking price for this property is $249,000.

What are key features of this property?

This property features: Three‑unit residential property, built in 1885; Fully leased; BikeScore: 53, rated Bikeable