Marshall, MI Short term rental properties for sale

Updated: Jun 10

Historic Corner Income Building with 15-Foot Ceilings

227 E Michigan Avenue, Marshall, MI 49068

$585,000

3,701 sqft 0.07 AC lot

Historic downtown Marshall corner building built in 1865 with restored showroom, period crown molding and woodwork, and 15‑foot ceilings
Bank building features a marble fireplace, five display windows (three 8‑ft and two 7‑ft), and a lockable walk‑in vault
Income setup includes an active transferable 5‑Star Superhost AirBnB on the 2nd floor plus a separate 1‑bedroom loft unit with private owner's passageway
Unit conveniences include washer, dryer, and housekeeping storage; each unit has its own private staircase and entry
1st‑floor systems updated with a new boiler added in 2025 and a mini split heat & AC unit; utilities include cable available and broadband

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This listing looks promising.

Here's a quick look at some key insights for

227 E Michigan Avenue, Marshall, MI 49068

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Est. Cap Rate

7%
Above avg (5.9%)
Est. NOI

$41K
Annual
Price @ 7% Cap

$588K
Above asking
Last Sold

Nov 2010
$290K
Property Type

Dry Cleaner
Built 1900

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Updated: Jun 10

Historic Corner Mixed-Use Building

227 E Michigan Avenue, Marshall, MI 49068

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3,701 sqft

Restored 1865 bank‑turned corner building with 15‑ft ceilings, period crown molding/woodwork, and marble fireplace
1st‑floor mini split heat & AC plus new 2025 boiler
2nd‑floor transferable 5‑Star “Superhost” AirBnB with private balcony
2nd‑floor one‑bedroom loft apartment with private owner passageway, washer/dryer, and housekeeping storage
Each unit has its own private staircase and entry; lockable walk‑in vault with multiple tall display windows

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Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 2 Active listings in Marshall, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities

Opportunities in Nearby Cities

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Private All-Sports Lakefront Land

Lemon Park, Vicksburg, MI 49097

$3,100,000

5.28 AC lot

5.28-acre resort property with 15 lakefront cottages, a storage barn, and private all-sports lake frontage.

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Fully Renovated Duplex Property

908 Spring Street, Ann Arbor, MI 48103

$1,039,000

0.17 AC lot

Side-by-side 2-bedroom duplex with high-end finishes, in-unit laundry in basements, and a detached two-car garage.

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MULTI_FAMILY - Vicksburg, MI

10477 S Sprinkle Rd, Vicksburg, MI 49097

$549,900

2.00 AC lot

Four-unit all-brick building with separate electric metering and major interior updates across units 1–3.

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Newly Built 11-Unit Townhome Lodging

830 Henry St, Ann Arbor, MI 48104

Contact for pricing

Newly constructed 11-unit, 63-bed townhome lodging property near University of Michigan.

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Marshall, MI Short Term Rental Properties Market Trends and Statistics

Explore 2 short term rental properties for sale in Marshall, MI on our real estate platform. These investment opportunities span a total of 7,402 square feet of properties for sale, with an estimated market value of $585,000.

Sale prices for short term rental properties in Marshall, MI average $585,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

Neighborhood	Average Price
49068	$585K

Neighborhood

Average Price

49068

$585K

Marshall, MI Short Term Rental Properties for Sale

227 E Michigan Avenue, Marshall, MI 49068

227 E Michigan Avenue, Marshall, MI 49068