137 Lake Linden Ave, Calumet, MI, 49913
About This Home
Introducing a fantastic 6-unit multi-family/commercial property in the bustling heart of Laurium, presenting an incredible investment opportunity! This versatile property is perfectly situated on a busy street, offering outstanding visibility for potential businesses such as a storefront, laundromat, or countless other possibilities. The building features a harmonious blend of residential and commercial potential, ensuring a constant stream of income. The residential component of this property consists of five apartments, four of which boast one bedroom and one bathroom, while the fifth unit offers a more spacious two-bedroom layout. Each unit is designed for comfortable living with functional floor plans. Adding to the property's desirability is the convenient on-site laundry room, providing a valuable amenity to the tenants and contributing to a hassle-free living experience. Capitalizing on its prime location, this Laurium property presents a fantastic opportunity for a savvy investor looking to diversify their portfolio or an entrepreneur seeking a high-traffic location to establish a thriving business such as a laundromat. Don't miss out on the potential that this 6-unit multi-family/commercial property has to offer! Explore the possibilities and seize the opportunity to invest in this piece of Laurium today!
Getting Around
Somewhat Walkable
Very Limited Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 1900
Materials
- Foundation: Basement,Stone
- Construction materials: Cedar
Type & Style
- Home type: MultiFamily
- Property subType: Multi Family
Interior
Appliances
- Appliances included: Range/Oven,Refrigerator,Gas Water Heater
- Laundry features: Common Area
Basement
- Has basement: Yes
- Basement: Stone
Bedrooms & Bathrooms
- Bedrooms: 6
- Bathrooms: 6
- Full bathrooms: 5
- 1/2 bathrooms: 1
Heating & Cooling
- Heating features: Hot Water
- Cooling features: Wall/Window Unit(s)
Interior Area
- Total structure area: 3,776
- Total interior livable area: 3,776 sqft
Property
Details
- Parcel number: 04410900200
- Zoning: Corridor Mixed-Use
- Zoning description: Commercial
- Special condition: Private,Standard
Features
- Levels: One and One Half
- Stories: 1
- Exterior features: Sidewalks,Street Lights
- Waterfront features: None
- Frontage length: 100
Lot
- Lot size: 0.28 Acres
- Features: Sidewalks
- Lot size dimensions: 100 x 120
Parking
- Total spaces: 3
- Parking features: 3 or More Spaces,Driveway
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Cold Wave
- Winter Weather
- Lightning
- Tsunami
How This Home’s Risks Compare
FEMA Declared Disasters in Houghton County and Michigan
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $1,162 | $13,944 |
| Home Insurance * | $178 | $2,136 |
| Property Taxes | $216 | $2,592 |
| Electricity | $411 | $4,942 |
| Total | $1,967 | $23,604 |
Income You'd Need if You Spent...
Michigan FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
No zestimate history available
Price History
| Date | Event | Price |
|---|---|---|
| 2026-07-22 | Listed for sale | $229,900 |
| 2023-10-09 | Listing removed | $225,000 |
| 2023-05-03 | Listed for sale | $225,000 |
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