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    10195 S Lake Station Ave Lake, MI 48632

    For Sale
    $558,000

    1 Story, Duplex - Lake, MI

    Type:Duplex
    Property size:
    8,128 SF
    Lot size:
    1.25 Acres
    Days on Market:
    42
    Last Refresh:
    Dec 14 at 3:06 am

    Property Features for 10195 S Lake Station Ave

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Duplex
    Standard status
    Active
    Zoning
    Residential
    Rooms
    Bathroom 1, Bathroom 2, Bathroom 3, Bathroom 4, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5
    Bedrooms
    8
    Bathrooms
    4
    APN
    18-013-026-100-08
    Parking features
    Garage, Garage - Attached
    Exterior features
    Pets-not Allowed
    Appliances
    Range, Refrigerator
    Size
    8,128 SF
    Lot size
    1.25 Acres

    Utilities

    Heating system
    Baseboard
    Cooling system
    Central Air

    Building Details

    Year built
    1999
    Floors in Building
    1
    Number of units
    4
    Building materials
    Vinyl Siding
    Architectural style
    Other

    REISS REAL ESTATE INC. (989) 588-9621

    Listing agent ALAN REISS (989) 588-9621 License #6502123263

    Listing date Nov 3, 2025

    MLS# 50178503 Listing URL

    Copyright © 2025 Clare Gladwin Board of REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Lake, MI Duplex Investment Opportunity

    Located just south of the Village of Lake in Clare County, this property features two structures, each containing two units. Situated near Crooked Lake and Perch Lake, the property benefits from blacktop road frontage on Lake Station Avenue. Each unit includes 2 bedrooms, 1 full bath, an open living/dining/kitchen area, a pantry, central heat and air, and an attached garage. Each structure is serviced by its own well. Additional features include a storage room and a private deck. The property is currently tenant-occupied, and showings are by appointment only. The seller is open to selling each duplex separately, with the south duplex priced at $299,000.00 and the north duplex also priced at $299,000.00. Note that land division approval will be required for separate sales. The property is well-maintained and sits on a 1.25-acre lot.
    Property Profile Location Intelligence

    Current Use by Public Records

    Quadplexes

    Suggested Use

    Restaurant Building Supply Hotel & Motel Food Market Storage Facility Bar & Pub Grocery Store Garden Center Cafe & Coffee Shop Parking Facility

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Lake
    County
    Clare
    State
    Michigan
    Longitude
    -85.008938
    Latitude
    43.840593

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    FAQs

    What type of property is this?
    Quadplex - Two well-maintained duplexes near Crooked and Perch Lakes.
    Where is this quadplex located?
    The property is located at 10195 S Lake Station Ave Lake, MI.
    What is the asking price?
    The asking price for this property is $558,000.
    What are key features of this property?
    This property features: - Two duplex structures, offering potential rental income or multi-family living.; - Each unit features 2 bedrooms, 1 full bath, open living/dining/kitchen area, pantry, central heat/air, and attached garage.; - Located near Crooked Lake and Perch Lake, providing recreational opportunities.
    (989) 588-9621
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    10195 S Lake Station Ave Lake, MI 48632
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