227 E Michigan Ave, Marshall, MI 49068
FOR SALE

227 E Michigan Ave
Marshall, MI 49068

  • 2 Beds
  • 2.5 Baths
  • 3,701 sqft

$585,000

Est. Mortgage $3,689/mo*
Get Pre-Qualified

$585,000

Est. Mortgage $3,689/mo*
Get Pre-Qualified
2 Beds
2.5 Baths
3,701 sqft

Local Information

Map showing home location
© Google
-- mins to
Commute Destination

Description

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.

Home Highlights

Parking
Garage
Outdoor
No Info
A/C
Heating & Cooling
HOA
None
Price/Sqft
$158
Listed
3 days ago

Home Details for 227 E Michigan Ave

Active Status

MLS Status: Active

Interior Features

Interior Details
Basement: Full,Michigan BasementNumber of Rooms: 15
Beds & Baths
Number of Bedrooms: 2Number of Bathrooms: 3Number of Bathrooms (full): 2Number of Bathrooms (half): 1
Dimensions and Layout
Living Area: 3701 Square Feet
Appliances & Utilities
Utilities: Phone Available, Natural Gas Available, Electricity Available, Cable Available, Natural Gas Connected, Cable ConnectedAppliances: Bar Fridge, Dishwasher, Dryer, Microwave, Range, Refrigerator, WasherDishwasherDryerLaundry: Electric Dryer Hookup,In Hall,Upper Level,Washer HookupMicrowaveRefrigeratorWasher
Heating & Cooling
Heating: Baseboard,Hot Water,SteamHas CoolingAir Conditioning: Wall Unit(s),Window Unit(s)Has HeatingHeating Fuel: Baseboard
Fireplace & Spa
Number of Fireplaces: 1Has a Fireplace
Gas & Electric
Has Electric on Property
Windows, Doors, Floors & Walls
Window: Storms, Window TreatmentsFlooring: Carpet, Ceramic Tile, Wood
Levels, Entrance, & Accessibility
Stories: 3Accessibility: Low Threshold ShowerFloors: Carpet, Ceramic Tile, Wood

Exterior Features

Exterior Home Features
Roof: ShingleExterior: Balcony
Parking & Garage
No GarageParking: Garage Faces Rear,Attached
Frontage
Road Surface Type: PavedNot on Waterfront
Water & Sewer
Sewer: Public Sewer, Storm Sewer

Days on Market

Days on Market: 3

Property Information

Year Built
Year Built: 1865
Property Type / Style
Property Type: ResidentialProperty Subtype: Single Family ResidenceArchitecture: Historic,Other
Building
Construction Materials: Block, Concrete, StoneNot a New Construction
Property Information
Parcel Number: 5300102301

Price & Status

Price
List Price: $585,000Price Per Sqft: $158

Location

Direction & Address
City: Marshall
School Information
High School District: Marshall

Agent Information

Listing Agent
Listing ID: 26029415

Building

Building Area
Building Area: 3701 Square Feet

Lot Information

Lot Area: 3049.2 sqft

Offer

Listing Terms: Cash, Conventional

Miscellaneous

BasementMls Number: 26029415
Last check for updates: about 1 hour ago
Listing courtesy of Carole Shapiro, (269) 209-4076
Berkshire Hathaway HomeServices Michigan Real Estate, (269) 789-0140
Source: MichRIC, MLS#26029415
Also Listed on MichRIC, Realcomp II, Berkshire Hathaway HomeServices Michigan and Northern Indiana Real Estate, Berkshire Hathaway HomeServices Michigan and Northern Indiana Real Estate.

Market trends in Ironwood

Last updated May 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
—
Sale-to-List Price
—
Price per sq ft
—
Available listings
37
6MoM

Price History for 227 E Michigan Ave

DatePriceEventSource
06/15/2026$585,000Listed For SaleMichRIC #26029415

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Assigned Schools

These are the assigned schools for 227 E Michigan Ave.
View nearby schools on GreatSchools
The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

What Locals Say about Ironwood

At least 12 Trulia users voted on each feature.

  • 92 % Say car is needed

  • 88 % Say it's dog friendly

  • 85 % Say parking is easy

  • 82 % Say there's holiday spirit

  • 81 % Say yards are well-kept

  • 78 % Say there's wildlife

  • 75 % Say kids play outside

  • 69 % Say people would walk alone at night

  • 57 % Say there are sidewalks

  • 56 % Say it's walkable to restaurants

  • 56 % Say they plan to stay for at least 5 years

  • 56 % Say neighbors are friendly

  • 50 % Say streets are well-lit

  • 38 % Say there are community events

  • 33 % Say it's quiet

  • 31 % Say it's walkable to grocery stores

Sourced by Trulia users. Learn more about our methodology.
  • Trulia User
    "The neighborhood, some local businesses, and local parks are very dog friendly (dog water fountains, etc) There’s at least one dog park within a mile of downtown. "
    0
    Flag
  • Rellastwins
    "I see people walk their dogs daily who seem friendly, however, there are a few dog owners who let them bark non stop at all hours of the day. "
    0
    Flag
  • Debbie S.
    "Old time friendly neighborhood. This entire community is like a “blast from the past” The downtown area is small shops that have friendly customer service oriented staff. Everyone is willing to go out of their way to help each other out. People actually take walks and stop to chat with neighbors along the way or to welcome new neighbors as they move in."
    2
    Flag
  • Debbie S.
    "I have owned my house for 4 years. The neighbors are friendly and always willing to offer a helping hand"
    1
    Flag

LGBTQ Local Legal Protections

Carole Shapiro, Berkshire Hathaway HomeServices Michigan Real Estate, (269) 789-0140
Agent Phone: (269) 209-4076
Information is deemed reliable but not guaranteed. Copyright 2026 MichRIC, LLC. All rights reserved.
227 E Michigan Ave, Marshall, MI 49068 is a 2 bedroom, 3 bathroom, 3,701 sqft single-family home built in 1865. This property is currently available for sale and was listed by MichRIC on Jun 15, 2026. The MLS # for this home is MLS# 26029415.