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Marshall 49068
536 N Marshall Avenue
$330,000
● House - Off Market

536 N Marshall Avenue

Marshall, MI 49068
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,395 Ft²
$1,989
Est. Monthly
4.19%
Cap Rate

About This Property

Beautifully updated 3-bedroom, 2-bath ranch-style home nestled on a quiet street just minutes from Downtown Marshall. Inside you'll find a bright and inviting interior, featuring an updated kitchen and a spacious layout. The partially finished basement includes a mechanical/laundry area, ample storage space, and great potential to create a family room, rec room, or home office. Outside, enjoy a deep, tree-lined lot with mature landscaping and plenty of greenery-perfect for relaxing, gardening, or entertaining. Don't miss this opportunity to own this move-in ready home!
Unit Size
1,395 Ft²
Days on Market
55 days
Land Size
0.45 acres
Price per sqft
$237
Property Type
House
Property Taxes
$368
HOA Dues
-
Year Built
1989

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

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: 2 years ago (MichRIC MLS #25013679)

Price History

Date / Event Date Event Price
May 30, 2025 Sold
Premium
Sold
Apr 9, 2025 In contract -
In contract
Apr 9, 2025 Price Increased $330,000
↑ $20K (6.5%)
Price Increased
Apr 5, 2025 Listed by eXp Realty LLC $310,000
Listed by eXp Realty LLC
Jul 25, 2022 Sold
Premium
Sold
Show More

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1989
  • Effective Year Built: 1989
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 11
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 1,344
  • Garage Type: 7
  • Garage Square Area: 528
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 19,602
  • Lot Size Depth Feet: 2,970
  • Lot Size Frontage Feet: 874
  • Total Building Area: 1,344
  • Building Area: 1,344
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,344
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: MONTGOMERYS ADDITION
  • Land Acres: 0000000450
  • Standard Land Use Code: 1001
  • County Land Use Code: 401
  • Legal Description 1: MARSHALL CITY MONTGOMERYS ADDITION BLK 6 & 8 BEG 33 FT N OF SW COR OF BLOCK 8-E 297 FT- S 66 FT- W 297 FT- N 66 FT TO BEG

Neighborhood

  • School District Name: Marshall Public Schools
  • School Tax School District: MARSHALL
  • Census Tract: 003900

Zoning

  • Zoning: R-2

Geography

  • Assessors Map Reference: WHPA
  • District: 53
  • Parcel: 53-009-308-02
  • Block: 6,8
  • Municipality: MARSHALL CITY
  • Latitude: 42.2802
  • Longitude: -84.9541

    Address

  • Full Address: 536 N Marshall Ave
  • Address - House Number: 536
  • Street Direction: N
  • Address - Street Name: Marshall
  • Address - Suffix Type: Ave
  • State: MI
  • City Name: Marshall
  • Carrier Code: R007
  • 4-Digit Zip Code: 1272
  • Zip Code: 49068

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $441,640

    Appraisal Valuation

  • Standard Deviation: 0.237
  • Valuation Date: Jun 21, 2023
  • Confidence Score: 66
  • Final Value: 244,937
  • High Value: 302,990
  • Low Value: 186,885

    Market Valuation

  • Market Total Value: $181,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $90,600

    Sales

  • Current Sale Contract Date: Jul 05, 2022
  • Current Sale Recording Date: Jul 25, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Previous Sale Recording Date: Oct 16, 2018
  • Previous Sale Contract Date: Oct 05, 2018
  • Previous Sale Amount: $172,500
  • Previous Sale Document Type: 71

    Financing

  • First Mortgage Financing Type: ADJ
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

Rentals Near You

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MichRIC

Listed by: Gavin A Homer, eXp Realty LLC
Last Updated: 2 years ago
Data Source: MichRIC, MLS# 25013679
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 536 North Marshall Avenue built and last sold?
The property at 536 North Marshall Avenue was built in 1989 and last sold on Jul 5, 2022 for $269,999.
How much is this home worth?
The estimated value of the home located at 536 North Marshall Avenue is $0.
What are some comparable homes to 536 North Marshall Avenue?
There are currently no comparable homes to 536 North Marshall Avenue.
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