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Marshall 49068
504 Washington Street
$179,900
● House - Off Market

504 Washington Street

Marshall, MI 49068
bedrooms
4 Beds
bathrooms
2 Baths
square feet
1,592 Ft²
$1,031
Est. Monthly
15.69%
Cap Rate

About This Property

Step back in time. Enjoy this well maintained ''Historic 1860 Home.'' Home is fresh & clean with 3-4 bedrooms. 1.5 baths, 1592 sqft, full basement, FA furnace, C air, all appliances included in sale. Spacious 4th bedroom on main floor currently used as office. Lovely open stairwell, original butler's pantry & well appointed kitchen, hard wood floors, 1st floor laundry - all around nice place to call home. General purpose, Barn is app. 500 sqft. Call Mary Crosby @
Unit Size
1,592 Ft²
Days on Market
-
Land Size
0.21 acres
Price per sqft
$113
Property Type
House
Property Taxes
$147
HOA Dues
-
Year Built
1860

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 3 years ago (MichRIC MLS #24050159)

Price History

Date / Event Date Event Price
Nov 5, 2024 Sold
Premium
Sold
Sep 16, 2024 Listed by Berkshire Hathaway HomeServices Michigan Real Estate $179,900
Listed by Berkshire Hathaway HomeServices Michigan Real Estate
Jul 9, 2009 Sold
Premium
Sold
Mar 31, 2000 Sold
Premium
Sold

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1860
  • Effective Year Built: 1860
  • Bedroom Count: 6
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 200
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 1,072
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 9,235
  • Lot Size Depth Feet: 1,400
  • Lot Size Frontage Feet: 660
  • Total Building Area: 1,592
  • Building Area: 1,592
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,592
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: CITY OF MARSHALL
  • Land Acres: 0000000212
  • Standard Land Use Code: 1001
  • County Land Use Code: 401
  • Legal Description 1: MARSHALL CITY, UPPER VILLAGE LOT 783

Neighborhood

  • School District Name: Marshall Public Schools
  • School Tax School District: MARSHALL
  • Census Tract: 004000

Zoning

  • Zoning: R-2

Geography

  • District: 53
  • Parcel: 53-001-783-00
  • Lot: 783
  • Municipality: MARSHALL CITY
  • Latitude: 42.2647
  • Longitude: -84.954

    Address

  • Full Address: 504 Washington St
  • Address - House Number: 504
  • Address - Street Name: Washington
  • Address - Suffix Type: St
  • State: MI
  • City Name: Marshall
  • Carrier Code: C005
  • 4-Digit Zip Code: 1672
  • Zip Code: 49068

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $164,967

    Appraisal Valuation

  • Standard Deviation: 0.467
  • Valuation Date: Jun 21, 2023
  • Confidence Score: 6
  • Final Value: 158,488
  • High Value: 232,513
  • Low Value: 84,462

    Market Valuation

  • Market Total Value: $136,800

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $68,400

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jun 29, 2009
  • Current Sale Recording Date: Jul 09, 2009
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Previous Sale Recording Date: Mar 31, 2000
  • Previous Sale Contract Date: Mar 31, 2000
  • Previous Sale Amount: $90,500
  • Previous Sale Document Type: 71
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Marshall

Stats & Trends

Median Asking:

$239,900

Sale Price/ft²

$158

Below Asking

0.03%

Average Days on Market

55

Average Home Size

1675 ft²

Average Home Age

88.4 years

Currently For Sale

36 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

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MichRIC

Listed by: Mary A Crosby, Berkshire Hathaway HomeServices Michigan Real Estate
Last Updated: 3 years ago
Data Source: MichRIC, MLS# 24050159
Information is deemed reliable but not guaranteed. Copyright 2026 MichRIC, LLC. All rights reserved. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

Frequently Asked Questions

When was property at 504 Washington Street built and last sold?
The property at 504 Washington Street was built in 1860 and last sold on Jun 29, 2009 for $70,000.
How much is this home worth?
The estimated value of the home located at 504 Washington Street is $0.
What are some comparable homes to 504 Washington Street?
There are currently no comparable homes to 504 Washington Street.
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