Search
Duplex with Dual Electric Meters
For Sale
Under Contract
$325,000

11950 Honor Highway, Honor, MI 49640

SINGLE_FAMILY - Honor, MI

Property Size3,391 SF
Lot Size3.30 Acres
Price / SF$95.84
Days on Market75

Property Features for 11950 Honor Highway

General Information

Property type Residential
Property subtype Duplex
Zoning Residential,Commercial
Zoning description Residential, Commercial
Bedrooms 5
Bathrooms 4
Full bathrooms 2
Half bathrooms 1
Rooms Bedroom 4, Bathroom 1, Bathroom 2, Dining Room, Bedroom 3, Bedroom 2, Bathroom 3, Bedroom 1, Bedroom 5
Patio and Porch features Deck
Interior features Vaulted Ceilings
Exterior features Deck, Countryside View
Fireplace 1
Appliances Refrigerator, Oven/Range
Lot features Metes and Bounds, Rolling
Elementary school district Benzie County Central Schools
Middle school district Benzie County Central Schools
High school district Benzie County Central Schools
Directions US-31 towards Honor. On right before the village.
Subdivision Benzie
Standard status Active Under Contract
Size 3,391 SF
Lot size 3.30 Acres

Taxes and HOA fees

Tax Description See associated documents.
Legal Description See associated documents.

Utilities

Water source Private

Amenities

hardwood floors
walk-out basement
laundry hook-ups

Building Details

Year built 1960
Building materials Frame
Roof type Asphalt
Architectural style Other
Listing Agency: Traverse Real Estate
Listed By: Thomas Cronin · License #6502367206
Added: May 27 Changed: Aug 1 Last Checked: Aug 9 at 10:06AM
MLS# 1945737

Copyright © 2026 Northern Great Lakes Realtors MLS. 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 conforming duplex offers full independent lower level living and dual electric meters, giving flexibility for multi-generational living or an ADU setup. The home was recently updated with new smoke and CO2 detectors, an oven, some floor coverings, siding, and paint. Interior features include vaulted ceilings, and the layout includes hardwood floors. A walk-out basement and laundry hook-ups are available on both the main and lower levels.

The property is zoned C-1 General Commercial (residential and commercial uses), and sits on 3.3 acres. Built in 1960, the home has frame construction and an asphalt shingle roof. Exterior features include a deck with countryside views, a fireplace, and two separate storage buildings for additional capacity.

The current configuration includes multiple bedrooms and bathrooms across the main and lower levels, with appliances including a refrigerator and oven/range. Water is provided via private well.

Key Highlights

  • Conforming duplex with full independent lower level living
  • Dual electric meters for separate metering
  • Zoned C‑1 General Commercial with residential and commercial use flexibility

Property Analytics

Current Use

The Sign Shop Wedding Service

Suggested Use

Top Pick Electrical Service Plumbing Service Building Supply Catering Service Home Appliance Store Storage Facility

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

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

64
Businesses Nearby

Demographics for 49640, MI

1,501
Population
1,236
Households
1.2
Avg Household Size
53
Median Age
42%
College-Educated
92%
High-School Grad
64.0 sq mi
ZIP Area
23
Density / Sq Mi
$83,750
Median Household Income
$36,071
Median Earnings
$805
Median Rent
$285,000
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Duplex - Conforming duplex with full independent lower level living, dual electric meters, and C-1 General Commercial zoning.
Where is this duplex located?
The property is located at 11950 Honor Highway Honor, MI.
What is the asking price?
The asking price for this property is $325,000.
What are key features of this property?
This property features: Conforming duplex with full independent lower level living; Dual electric meters for separate metering; Zoned C‑1 General Commercial with residential and commercial use flexibility
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message