227 E Michigan Ave, Marshall, MI 49068
Property image
Property image
FOR SALE

$549,000

Original price: $585,000
  • 2 Beds
  • 2.5 Baths
  • 3,701 sqft

227 E Michigan Ave, Marshall, MI 49068

Est. Mortgage $3,662/mo*
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Home Highlights

Single-Family Home
Built in 1865
$148/sqft
Garage

Local Information

  • Map ViewExplore the area around 227 E Michigan Ave.
  • Schools1 Preschool School1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

About this House

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.
Last check for updates: about 13 hours 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.

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: 94

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: $549,000Price Per Sqft: $148

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

Around this home

What Locals Say about Marshall

At least 76 Trulia users voted on each feature.

  • 91 % Say parking is easy

  • 89 % Say yards are well-kept

  • 88 % Say it's dog friendly

  • 80 % Say people would walk alone at night

  • 79 % Say car is needed

  • 76 % Say there's holiday spirit

  • 75 % Say kids play outside

  • 72 % Say it's quiet

  • 72 % Say streets are well-lit

  • 69 % Say there are sidewalks

  • 67 % Say it's walkable to restaurants

  • 67 % Say they plan to stay for at least 5 years

  • 63 % Say there's wildlife

  • 61 % Say neighbors are friendly

  • 48 % Say it's walkable to grocery stores

  • 38 % Say there are community events

Sourced by Trulia users. Learn more about our methodology.
  • Eric
    "A very pet friendly area with ample space to walk with other pet owners. A safe family friendly neighborhood. "
    2
    Flag
  • Eric
    "Very easy access to the main highways and my job. I love my location. I’m literally close to everything. "
    0
    Flag
  • January B.
    "My commute is very convenient to two major highways near by and traffic flows well in our beautiful town. "
    1
    Flag
  • Mary N.
    "very close to beautiful downtown Marshall with historic homes, within walking distance of the fountain and local eateries. "
    0
    Flag
  • Olivia R.
    "I see people walking their dogs all the time. there are always events going on that people can bring their dogs to."
    0
    Flag
  • Morri2em
    "Holiday parades, girls night out shopping downtown, ice festival with ice sculptures, crawfish boils "
    0
    Flag
  • Trulia User
    "Marshall at Christmas time is like a holiday post card with music playing over shoppers strolling an adorable main street. "
    1
    Flag
  • James D.
    "Cruise to the Fountain County fair The Christmas Parade Halloween Knowing multiple people at the grocery store when you shop"
    0
    Flag
  • Molly G.
    "It’s a neighborhood where you don’t have to worry your kids will get taken or hurt if they accidentally forget to watch for cards, people are (for the most part-there are some exceptions) friendly. "
    0
    Flag
  • Amy P.
    "It’s a nice place for kids to grow up with lots of sports , dance, art and theater opportunities. The schools are good too."
    0
    Flag
  • Patriciahisler
    "I love Marshall. THE BEST place to raise kids and dogs. Old town charm with modern conveniences. So glad we moved here!"
    0
    Flag
  • Patriciahisler
    "I just moved here last year. It's a beautiful small town. Lots of culture and. the town is really well maintained. "
    0
    Flag
  • Grarudolph
    "Many widely advertised events such as historic home tour, blues festivals, Christmas parade and other parades for holidays. "
    1
    Flag
  • Kyle S.
    "Great area for children to be raised. Good community schools, facilities, and infrastructure. I can’t think of a better community for my family."
    0
    Flag
  • bobj
    "Gorgeous neighborhood. Quiet, safe, friendly neighbors. In the heart of historic Marshall. Close to excellent schools. Charming downtown with parades, concerts, theater, restaurants, excellent regional hospital, County Fair. This is a lovely community!"
    1
    Flag
  • gintea58
    "Excellent location for raising kid's away from, but still close to everyday life!"
    0
    Flag

Market trends in Marshall

Last updated August 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
—
Sale-to-List Price
—
Price per sq ft
—
Available listings
68
6MoM

Home Value

Trulia Estimate
$515K
Since last month
Decreased$68K (-11.7%)
Since last year
Decreased$68K (-11.7%)
Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.

Trulia Estimate

The of this home's value decreased by -12% in the last 10 years
MonthEstimated value
2026
September 2026$515K
August 2026$517K
July 2026$584K

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
213 W Prospect St, Marshall, MI
0.14
Single-Family Home
$254,000
12/08/25
4
1.5
1,880
210 N Kalamazoo Ave, Marshall, MI
0.23
Single-Family Home
$237,000
07/02/26
4
2
1,767
314 N Madison St, Marshall, MI
0.12
Single-Family Home
$225,000
10/31/25
2
1.5
1,385
109 S Mulberry St, Marshall, MI
0.42
Single-Family Home
$199,000
07/29/26
3
1.5
1,524
320 N Madison St, Marshall, MI
0.14
Single-Family Home
$340,000
09/30/25
3
1.5
1,608
514 W Green St, Marshall, MI
0.41
Single-Family Home
$199,900
07/31/26
3
2
1,475
513 E Michigan Ave, Marshall, MI
0.31
Single-Family Home
$208,000
08/14/26
3
1.5
1,744
340 S Eagle St, Marshall, MI
0.39
Single-Family Home
$163,000
07/31/26
3
1.5
1,368

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
209 Division St, Marshall, MI 49068
0.03
$190,400
3
1
1,462
Off Market
314 N Division St, Marshall, MI 49068
0.07
$544,400
3
2.5
4,669
Off Market
120 W Mansion St, Marshall, MI 49068
0.05
-
4
2
2,000
Off Market
320 N Division St, Marshall, MI 49068
0.09
$384,900
3
3.5
2,591
For Sale
319 Division St N, Battle Creek, MI 49014
0.08
$257,800
4
1.5
2,420
Off Market
222 N Eagle St, Marshall, MI 49068
0.08
$325,000
4
4
2,167
Recently Sold
220 N Eagle St, Marshall, MI 49068
0.08
$142,600
2
1
672
Off Market
314 N Madison St, Marshall, MI 49068
0.13
$230,800
2
1.5
1,385
Off Market
320 N Madison St, Marshall, MI 49068
0.14
$349,600
3
1.5
1,608
Off Market
208 W Prospect St, Marshall, MI 49068
0.12
$595,000
6
4
3,620
For Sale
213 W Prospect St, Marshall, MI 49068
0.14
$254,000
4
1.5
1,880
Recently Sold

Price and Tax history

DateEventPrice
Aug 24, 2026
Source: MichRIC #26029415
PriceChange
$549,000
Price decreased by 6%
Jun 15, 2026
Source: MichRIC #26029415
Listed For Sale
$585,000

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.

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Frequently asked questions about 227 E Michigan Ave

  • What is the estimated monthly payment for 227 E Michigan Ave?
    Based on a $549,000 list price with 20% down at today's rates, the estimated monthly payment for 227 E Michigan Ave in Marshall, MI is approximately $3,740 (about $3,006 principal & interest, $659 property taxes, and $75 homeowner's insurance). This is an estimate. Actual payment depends on your loan terms.
  • What do residents say about Marshall?
    Residents describe Marshall, MI as easy to park in, well-kept, and dog-friendly. Most residents say you need a car. See homes for sale in Marshall, MI.
  • What are the closest schools to 227 E Michigan Ave?
    The closest schools to 227 E Michigan Ave in Marshall, MI are Marshall High School (rated 9/10), Marshall Middle School (rated 6/10), Walters Elementary (Pre-K, rated 9/10).
  • What is 227 E Michigan Ave estimated to be worth?
    Trulia's estimated value for 227 E Michigan Ave in Marshall, MI is $515,400.
  • Does 227 E Michigan Ave have air conditioning?
    Yes, 227 E Michigan Ave in Marshall, MI has air conditioning.
  • Does 227 E Michigan Ave have laundry facilities?
    Yes, 227 E Michigan Ave in Marshall, MI has in-unit laundry.
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.