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    10203 S Lake Station Ave Lake, MI 48632

    For Sale
    $339,000

    1 Story, Multi-Family - Lake, MI

    Property size:
    4,496 SF
    Lot size:
    0.64 Acres
    Days on Market:
    41
    Last Refresh:
    Dec 13 at 3:06 pm

    Property Features for 10203 S Lake Station Ave

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Zoning
    Residential
    Rooms
    Bathroom 1, Bathroom 2, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4
    Bedrooms
    4
    Bathrooms
    2
    APN
    18-013-026-100-09
    Parking features
    Garage, Garage - Attached
    Appliances
    Range, Refrigerator
    Size
    4,496 SF
    Lot size
    0.64 Acres

    Utilities

    Heating system
    Forced Air
    Cooling system
    Central Air

    Building Details

    Year built
    2008
    Floors in Building
    1
    Number of units
    2
    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# 50178508 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

    Duplex Near Crooked and Perch Lake

    Located just south of the Village of Lake in Clare County, this two-unit duplex is near Crooked Lake and Perch Lake. The property has blacktop road frontage on Lake Station Avenue. Each unit features 2 bedrooms with a possible 3rd bedroom, which could serve as a den or craft room, and a 12x12 full bath. The units also include an open living, dining, and kitchen area, along with a pantry. Central heat and air are provided. An attached garage is included. The setup is ideal for owner occupancy of one unit with rental income from the other. The well is shared between the two units. The property is well-maintained and totals 4496 square feet on a 0.64-acre lot. Shown by advance appointment only, as both units are tenant-occupied. The zoning is residential.
    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    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
    -85.008939
    Latitude
    43.840398

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    FAQs

    What type of property is this?
    Duplex - Two-unit duplex near lakes, ideal for owner-occupied rental income.
    Where is this duplex located?
    The property is located at 10203 S Lake Station Ave Lake, MI.
    What is the asking price?
    The asking price for this property is $339,000.
    What are key features of this property?
    This property features: - Two-unit duplex ideal for owner-occupancy with rental income potential.; - Each unit features **2 bedrooms (possible 3rd bedroom/den/craft room) and 1 full bath.**; - Central Heat/Air conditioning in both units.
    (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
    10203 S Lake Station Ave Lake, MI 48632
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