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Ranch Duplex with Detached Garage
For Sale
$318,900

10215 S Lake Station Avenue, Lake, MI 48632

MULTIFAMILY, 1 Story, Lake, MI

Property Size3,744 SF
Lot Size0.72 Acres
Price / SF$85.18
Days on Market396

Property Features for 10215 S Lake Station Avenue

General Information

Property type Residential Multi Family
Property subtype Duplex
Zoning description Residential
Bedrooms 4
Bathrooms 2
Full bathrooms 2
Rooms Bathroom 2, Bedroom 4, Bedroom 3, Basement, Bathroom 1, Bedroom 1, Bedroom 2
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

Amenities

full basement
large decking
natural gas heat
central air

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: Sep 13 Last Checked: Sep 15 at 10:06PM
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 1994 ranch-style duplex contains 3,744 square feet, with two residential units configured with two bedrooms and one bathroom apiece. Each unit includes a full basement, while the building provides a shared rear entrance and large decking. Forced-air heating, natural gas service, central air, a range/oven, and a refrigerator are included. The property uses a private water source.

A detached four-car garage measuring 24 by 48 feet adds substantial enclosed storage and parking capacity. The 0.72-acre property is located at 10215 S Lake Station Avenue in Lake, Michigan, just south of the Village of Lake. Crooked Lake, 8 Point Lake, and Perch Lake are nearby. The duplex is shown by advance appointment.

Key Highlights

  • Duplex with 3,744 square feet on 0.72 acres
  • Each unit includes 2 bedrooms, 1 bathroom, and a full basement
  • 24x48 detached garage with capacity for 4 cars

Property Analytics

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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

Location Intelligence

Trade Area within ½ mile

6
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Midwest region

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

What type of property is this?
Duplex - Two residential units each offer two bedrooms, one bath, a full basement, and access to shared rear decking.
Where is this duplex located?
The property is located at 10215 S Lake Station Avenue Lake, MI.
What is the asking price?
The asking price for this property is $318,900.
What are key features of this property?
This property features: Duplex with 3,744 square feet on 0.72 acres; Each unit includes 2 bedrooms, 1 bathroom, and a full basement; 24x48 detached garage with capacity for 4 cars
More about this property
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