227 E Michigan Ave Marshall, MI 49068
Estimated payment $3,584/month
Highlights
- Guest Quarters
- Vaulted Ceiling
- 1 Fireplace
- Marshall High School Rated 9+
- Wood Flooring
- Corner Lot
About This Home
ENJOY DOWNTOWN URBAN LOFT LIVING as the large main floor business rental and 5-Star AirBnB produce income. This distinctive downtown Marshall Classic historic corner building featuring 3+ instant turnkey income opportunities was built as a bank in 1865 with the showroom meticulously restored with 15-foot ceilings, period crown molding and woodwork, a marble fireplace, three 8-foot and two 7-foot tall display windows and a lockable walk-in vault. The 2nd floor is split between an active, transferable 5-Star 'SuperHost' AirBnB with a private balcony and an artful urban one-bedroom apartment, featuring a private owner's passageway between the two with a washer, dryer and housekeeping storage. Each unit has its own private staircase and entry. Used in the 1800's, the 3rd floor could be available for expansion. Enjoy the 500 square foot rooftop patio/garden for afterglow parties and the 2+ private parking spaces on the property. There is ample guest/customer parking on the street or the street or in the free city parking garage kitty corner to the rear. A new boiler was added in 2025 with a mini split heat & AC unit on the 1st floor. First time on the market in 35 years. Asking $585,000.
Listing Agent
Berkshire Hathaway HomeServices Michigan Real Estate License #6506033200 Listed on: 06/15/2026
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $4,985
Year Built
- Built in 1865
Lot Details
- 3,049 Sq Ft Lot
- Lot Dimensions are 24x118
- Corner Lot
- Level Lot
- Historic Home
Home Design
- Shingle Roof
- Stone
Interior Spaces
- 3,701 Sq Ft Home
- 3-Story Property
- Bar Fridge
- Crown Molding
- Vaulted Ceiling
- Ceiling Fan
- 1 Fireplace
- Window Treatments
- Wood Flooring
- Storm Windows
Kitchen
- Eat-In Kitchen
- Range
- Microwave
- Dishwasher
- Snack Bar or Counter
Bedrooms and Bathrooms
- 2 Bedrooms
- Guest Quarters
- In-Law or Guest Suite
Laundry
- Laundry in Hall
- Laundry on upper level
- Dryer
- Washer
Basement
- Basement Fills Entire Space Under The House
- Michigan Basement
Parking
- Attached Garage
- Rear-Facing Garage
Utilities
- Mini Split Air Conditioners
- Cooling System Mounted In Outer Wall Opening
- Heating System Uses Natural Gas
- Mini Split Heat Pump
- Window Unit Heating System
- Baseboard Heating
- Hot Water Heating System
- Heating System Uses Steam
- Electric Water Heater
- High Speed Internet
- Phone Available
- Cable TV Available
Additional Features
- Low Threshold Shower
- Terrace
Community Details
- No Home Owners Association
Map
Home Values in the Area
Average Home Value in this Area
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 06/15/2026 06/15/26 | For Sale | $585,000 | -- | $158 / Sq Ft |
Source: MichRIC
MLS Number: 26029415
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Ask me questions while you tour the home.