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401 Marquette Ave, Crystal Falls, MI, 49920

9beds
6baths
5,400sqft
$299,900
$56price/sqft
$2,513/moest. monthly cost
$100,520/yrincome needed

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.

Getting Around

34
WalkingCar-Dependent
0
TransitVery Limited Transit
28
BikeSomewhat Bikeable

Schools

7/10
Forest Park SchoolGrades PK-120.3 mi

Construction

Condition

  • Year built: 1977

Materials

  • Foundation: Poured
  • Construction materials: Frame

Type & Style

  • Home type: MultiFamily
  • Architectural style: Three Story
  • Property subType: Quadruplex,Multi Family

Interior

Appliances

  • Appliances included: Dryer,Gas Oven,Gas Range,Gas Water Heater,Refrigerator,Washer

Basement

  • Has basement: Yes
  • Basement: Crawl Space,Partial

Bedroom

  • Level: Second
  • Dimensions: 10x10

Bedroom

  • Level: Third
  • Dimensions: 11x10

Bedroom

  • Level: First
  • Dimensions: 11x13

Bedroom

  • Level: Second
  • Dimensions: 11x13

Bedroom

  • Level: Third
  • Dimensions: 11x13

Bedroom

  • Level: First
  • Dimensions: 10x10

Bedrooms & Bathrooms

  • Bedrooms: 9
  • Bathrooms: 6
  • Full bathrooms: 6

Features

  • Fireplace features: None
  • Finished area below ground: 0
  • Finished area above ground: 5,400

Heating

  • Heating features: Natural Gas

Interior Area

  • Total structure area: 5,400
  • Total interior livable area: 5,400 sqft

Kitchen

  • Level: Second
  • Dimensions: 13x14

Kitchen

  • Level: First
  • Dimensions: 10x13

Kitchen

  • Level: Third
  • Dimensions: 13x10

Living Room

  • Level: First
  • Dimensions: 17x13

Living Room

  • Level: First
  • Dimensions: 13x17

Living Room

  • Level: Second
  • Dimensions: 13x17

Living Room

  • Level: Third
  • Dimensions: 13x17

Living Room

  • Level: Second
  • Dimensions: 13x17

Living Room

  • Level: Third
  • Dimensions: 17x13

Property

Details

  • Parcel number: 05214019900
  • Attached to another structure: Yes
  • Zoning description: Multi-Family

Features

  • Levels: Three Or More
  • Stories: 3
  • Frontage length: 0,0

Lot

  • Lot size: 6,098 sqft
  • Lot size dimensions: 140 x 45

Parking

  • Total spaces: 3
  • Parking features: Garage
  • Has garage: Yes
  • Attached garage spaces: 3
  • Covered spaces: 3

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
    Cold WaveVery High
  • Hail
    HailRelatively High
  • Lightning
    LightningRelatively High
  • Winter Weather
    Winter WeatherRelatively High
  • Strong Wind
    Strong WindModerate

How This Home’s Risks Compare

Cold Wave
Hail
Lightning
Winter Weather
Strong Wind

FEMA Declared Disasters in Iron County and Michigan

Severe Ice Storm
Winter Storm

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

MonthlyAnnual
Mortgage $1,516$18,192
Home Insurance *$146$1,752
Property Taxes $262$3,144
Electricity $589$7,068
Total$2,513$30,156
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$86,160/yr
40% on housing$75,390/yr
45% on housing$67,013/yr

Michigan FAIR Plan Programs

Michigan Basic Property Insurance Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 15,981Commercial: 293
Total Premiums$13.85M
Total Exposure$2.60B

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.

Insurance Growth Rate5-year average: 4.7%
4.7%
0%30.0%
Electricity Growth Rate10-year average: 3.9%
3.9%
0%15.0%
Property Taxes Growth Rate2-year average: -2.5%
-2.5%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$56This listing

vs Other Active Listings

Avg $/sqft

ZIP 49920$119
Iron County$98

vs Homes Sold Last Month

Median $/sqft

ZIP 49920
Iron County$162

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)

Price History

DateEventPrice
2026-03-06Price change$339,900
2026-01-20Price change$375,000
2025-10-29Listed for sale$399,000

For Sale by Agent

AgentSTEPHEN REMONDINI
BrokerageSTEPHENS REAL ESTATE

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