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Duplex with Detached Garage
For Sale
$379,000

10215 S Lake Station, Lake, MI 48632

MULTI_FAMILY - Ranch - Lake, MI

Property Size3,744 SF
Lot Size0.72 Acres
Price / SF$101.23
Days on Market350

Property Features for 10215 S Lake Station

General Information

Property type Residential Multi Family
Property subtype Duplex
Zoning Residential
Bedrooms 4
Bathrooms 2
Full bathrooms 2
Rooms Bedroom 3, Bedroom 1, Bathroom 2, Basement, Bedroom 2, Bathroom 1, Bedroom 4
Patio and Porch features Deck
Exterior features Deck
Appliances Range/Oven, Refrigerator
Elementary school district Farwell Area Schools
Middle school district Farwell Area Schools
High school district Farwell Area Schools
Subdivision Garfield Twp (18005)
Standard status Active
APN 18-013-026-100-07
Size 3,744 SF
Lot size 0.72 Acres

Taxes and HOA fees

Tax Year 2025

Utilities

Heating system Forced Air
Cooling system Central Air
Water source Private

Building Details

Year built 1994
Floors in Building 1
Number of units 2
Architectural style Ranch
Listing Agency: REISS REAL ESTATE INC.
Listed By: ALAN REISS · License #6502123263
Added: Aug 16, 2025 Changed: Jul 29 Last Checked: Jul 31 at 5:06PM
MLS# 50185624

Copyright © 2026 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.

Investment Insights

Based on property information with market context.

This ranch-style duplex offers two separate residential units, each with two bedrooms, one bathroom, and a full basement. The duplex configuration includes a shared entrance from the backside, along with large decking. Both units are served by natural gas heat and central air, providing year-round comfort.

The property is located just south of the Village of Lake, with Crooked Lake, 8 Point Lake, and Perch Lake nearby. The site includes a large detached 4-car garage measuring 24 by 48, which can support vehicle storage and additional on-site utility needs. Showings are available by advance appointment only.

For buyers seeking residential income or multi-generational living, the layout supports the common use of occupying one unit while renting the other. With full basements, central air, and a sizable detached garage, the property also offers practical space for storage and everyday household use. Seller may consider terms, offering potential flexibility for qualified buyers.

Key Highlights

  • Duplex with each unit featuring 2 bedrooms and 1 bath
  • Each unit includes a full basement
  • Private water source

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Building Supply Parking Lot & Garage Storage Facility Garden Center Cafe & Coffee Shop Restaurant

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

7
Businesses Nearby

Demographics for 48632, MI

4,987
Population
4,389
Households
1.1
Avg Household Size
52
Median Age
14%
College-Educated
90%
High-School Grad
123.2 sq mi
ZIP Area
40
Density / Sq Mi
$51,740
Median Household Income
$30,467
Median Earnings
$846
Median Rent
$130,300
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Two 2-bedroom, 1-bath units with full basements and central air on a ranch-style duplex.
Where is this duplex located?
The property is located at 10215 S Lake Station Lake, MI.
What is the asking price?
The asking price for this property is $379,000.
What are key features of this property?
This property features: Duplex with each unit featuring 2 bedrooms and 1 bath; Each unit includes a full basement; Private water source
More about this property
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