$399,000

401 Marquette Ave Crystal Falls, MI 49920

Estimated payment $2,090/month

Total Views 121
9 Beds
6 Baths
5,400 Sq Ft
$74 Price per Sq Ft

About This Home

A fabulous, turn-key investment opportunity is what you'll find with this 6 unit, 3-story complex that has three 2 bedroom and three 1 bedroom units that include oven/ranges and refrigerators in each. Additional features include lower level coin-operated laundry facilities on site, air conditioning in the lower level units, and a three-car detached garage. There are separate meters for electric and water, which tenants are responsible for. The building is heated with natural gas hot water, which the seller pays.

Listing Agent

Stephen Remondini

STEPHENS REAL ESTATE-IRON RIVER License #UPAR Listed on: 10/27/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

Year Built

  • Built in 1977

Lot Details

  • 6,098 Sq Ft Lot
  • Lot Dimensions are 140x45
  • Corner Lot

Parking

  • 3 Car Detached Garage

Home Design

  • Poured Concrete
  • Vinyl Siding

Kitchen

  • Oven or Range

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 6 Full Bathrooms

Laundry

  • Dryer
  • Washer

Utilities

  • Cooling System Mounted To A Wall/Window
  • Boiler Heating System
  • Separate Meters
  • Gas Water Heater

Additional Features

  • Basement

Community Details

  • 6 Units

Listing and Financial Details

  • Assessor Parcel Number 052-140-199-00

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7

Year Built

Built in 1977

Lot Details

0

Listing Details

  • Originating MLS: Upper Peninsula Assoc of Realtors
  • Class: MULTIFAMILY
  • Type: Investment
  • Type Of Property: Multi-Family
  • Structure Style: More Than 2 Stories
  • Total Tax Amount: 7973.49
  • Year Built: 1977
  • Mail City: Crystal Falls
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Dryer, Range/Oven, Refrigerator, Washer
  • Basement: Yes
  • Basement Type: Poured
  • Bedrooms: 9
  • Full Bathrooms: 6
  • Total Bathrooms: 6
  • Source of Sq Ft: Estimated

Exterior Features

  • Construction: Vinyl Siding
  • Foundation Type: Basement, Crawl
  • Roads: City/County

Garage/Parking

  • Garage Type: Detached Garage, Electric In Garage
  • Garage Spaces: 3

Utilities

  • Water: Public Water
  • Water Heater: Gas
  • Cooling System: Wall/Window A/C
  • Fuel Type: Natural Gas
  • Heating System: Boiler
  • Separate Electric: Yes
  • Separate Water: Yes
  • Sewer/Septic System: Public Sanitary

Lot Info

  • Assessor Parcel Number: 052-140-199-00
  • Location: Corner Lot
  • Lot Dimensions: 140x45
  • Acreage: 0.14
  • Geo Subdivision: MI

Rental Info

  • Landlord Pays: Gas

Tax Info

  • Summer Tax: Year: 2025, Amount: $5,050.56
  • Winter Tax: Year: 2024, Amount: $2,922.93
  • Total Tax: Amount: $7,973.49

Multi Family

  • Total Units: 6

MLS Schools

  • School District: Forest Park School District

Map

Range of Values:

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Average Value
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List Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/27/2025 10/27/25 For Sale $399,000 -- $74 / Sq Ft
Source: Upper Peninsula Association of REALTORS®

Source: Upper Peninsula Association of REALTORS®

MLS Number: 50192891

Upper Peninsula Association of REALTORS®
Michigan Iron County Crystal Falls 49920

401 Marquette Ave, Crystal Falls, MI

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Upper Peninsula Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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Stephen Remondini
Listing Agent
Stephen Remondini
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STEPHENS REAL ESTATE-IRON RIVER
(906) 214-4561