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Marshall 49068
565 N Madison Street
Photo of 565 N Madison Street
Sold on Sep 23, 2026

46

Map

Photo of 565 N Madison Street
Photo of 565 N Madison Street
$228,000
● House - Off Market

565 N Madison Street

Marshall, MI 49068
bedrooms
3 Beds
bathrooms
1 Bath
square feet
960 Ft²
$1,449
Est. Monthly

About This Property

Stunning three bedroom one bath ranch home in Marshall! One car attached garage, a partially finished basement, and a privacy fenced back yard give plenty of space! Call/text today to see for yourself !
Unit Size
960 Ft²
Days on Market
33 days
Land Size
0.20 acres
Price per sqft
$245
Property Type
House
Property Taxes
$294
HOA Dues
-
Year Built
1969

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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: 2 months ago (MichRIC MLS #26044291)

Price History

Date / Event Date Event Price
Sep 23, 2026 Sold
Premium
Sold
Aug 23, 2026 In contract -
In contract
Aug 21, 2026 Listed by Real Estate One Rosemary Davis $235,000
Listed by Real Estate One Rosemary Davis
Sep 21, 2018 Sold
Premium
Sold
Jun 27, 2003 Sold
Premium
Sold

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1969
  • Effective Year Built: 1969
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • 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: 960
  • Garage Type: 7
  • Garage Square Area: 360
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,712
  • Lot Size Depth Feet: 1,320
  • Lot Size Frontage Feet: 713
  • Total Building Area: 960
  • Building Area: 960
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 960
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: TURNER ADD
  • Land Acres: 0000000200
  • Standard Land Use Code: 1001
  • County Land Use Code: 401
  • Legal Description 1: MARSHALL CITY, TURNER ADD N 66' OF E 132' OF S 132' OF LOT 13

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: 53-022-056-00
  • Lot: 13
  • Municipality: MARSHALL CITY
  • Latitude: 42.2813
  • Longitude: -84.9582

    Address

  • Full Address: 565 N Madison St
  • Address - House Number: 565
  • Street Direction: N
  • Address - Street Name: Madison
  • Address - Suffix Type: St
  • State: MI
  • City Name: Marshall
  • Carrier Code: C003
  • 4-Digit Zip Code: 1148
  • Zip Code: 49068

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $306,186

    Appraisal Valuation

  • Standard Deviation: 0.2349
  • Valuation Date: Jun 21, 2023
  • Confidence Score: 67
  • Final Value: 180,722
  • High Value: 223,175
  • Low Value: 138,270

    Market Valuation

  • Market Total Value: $125,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $62,600

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Sep 14, 2018
  • Current Sale Recording Date: Sep 21, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Previous Sale Recording Date: Jun 27, 2003
  • Previous Sale Contract Date: Jun 27, 2003
  • Previous Sale Amount: $111,000
  • 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

Unit for rent at 1029 Rebecca Street, Marshall, MI, 49068

$3,600 /mo

  • 3 Beds
  • 1 Bath
  • 1,881 ft²
1029 Rebecca Street #13, Marshall, MI, 49068 Listing by Lisa C Bartleman

Rentals Near You

Click here to view more rentals in the neighborhood.
MichRIC

Listed by: Aron Hodo, Real Estate One Rosemary Davis
Last Updated: 2 months ago
Data Source: MichRIC, MLS# 26044291
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 565 North Madison Street built and last sold?
The property at 565 North Madison Street was built in 1969 and last sold on Sep 14, 2018 for $123,000.
How much is this home worth?
The estimated value of the home located at 565 North Madison Street is $233,273.
What are some comparable homes to 565 North Madison Street?
There are currently no comparable homes to 565 North Madison Street.
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