Creating a Welcoming, Warm Home: Where Comfort Meets Connection

227 E Michigan Avenue
Marshall, MI, 49068
$585,000
2 Beds
2.5 Baths
3,701 SqFt
0.07 Acres
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MLS #26029415 image #0
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.

Property Details

Price:
$585,000
MLS #:
26029415
Status:
Active
Beds:
2
Baths:
2.5
Type:
Single Family
Subtype:
Single Family Residence
Listed Date:
Jun 15, 2026
Finished Sq Ft:
3,701
Total Sq Ft:
3,701
Lot Size:
3,049 sqft / 0.07 acres (approx)
Year Built:
1865
Marshall

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Schools

School District:
Marshall

Interior

Appliances
Bar Fridge, Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer
Bathrooms
2 Full Bathrooms, 1 Half Bathroom
Cooling
Wall Unit(s), Window Unit(s)
Fireplaces Total
1
Flooring
Carpet, Ceramic Tile, Wood
Heating
Baseboard, Hot Water, Steam
Interior Features
Ceiling Fan(s), Broadband, Guest Quarters, Eat-in Kitchen
Laundry Features
Electric Dryer Hookup, In Hall, Upper Level, Washer Hookup

Exterior

Accessibility Features
Low Threshold Shower
Architectural Style
Historic, Other
Attached Garage YN
1
Construction Materials
Block, Concrete, Stone
Exterior Features
Balcony
Lot Features
Corner Lot, Level, Sidewalk
Parking Features
Garage Faces Rear, Attached
Patio And Porch Features
Terrace
Roof
Shingle
Stories
3
Window Features
Storms, Window Treatments

Financial

Tax Year
2025
Taxes
$4,985

Map

Community

Market Summary

Current real estate data for Single Family in Marshall as of Jun 15, 2026
74
Single Family Listed
60
Avg DOM
182
Avg $ / SqFt
$413,449
Avg List Price

Property Summary

    227 E Michigan Avenue Marshall MI is a Single Family for sale in Marshall, MI, 49068. It is listed for $585,000 and features 2 beds, 3 baths, and has approximately 3,701 square feet of living space, and was originally constructed in 1865. The current price per square foot is $158. The average price per square foot for Single Family listings in Marshall is $182. The average listing price for Single Family in Marshall is $413,449. To schedule a showing of MLS#26029415 at 227 E Michigan Avenue in Marshall, MI, contact your Anchor Trust Realty And Relocation Services agent at 6166170639.

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