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Multi-Unit Rental Property with Duplex
For Sale
$319,900

5459 Coan Street NE, Sand Lake, MI 49343

MULTI_FAMILY - Sand Lake, MI

Property SizeContact for details
Lot Size1.67 Acres
Days on Market115

Property Features for 5459 Coan Street NE

General Information

Property type Residential Multi Family
Property subtype Other
Zoning description Commercial
Bedrooms 5
Full bathrooms 3
Rooms Bathroom 2, Bathroom 3, Bedroom 3, Bedroom 2, Bedroom 5, Bedroom 4, Bathroom 1, Bedroom 1
Parking 4
Parking features Paved or Surfaced
Basement Crawl Space
Lot features Level, Corner Lot
Elementary school district Cedar Springs
Middle school district Cedar Springs
High school district Cedar Springs
Directions Northland dr to Coan St NE. NE Corner
Standard status Active
APN 410318200014
Lot size 1.67 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description THAT PART OF S 230 FT OF W 19 A. OF NE 1/4 NE 1/4 LYING ELY OF ELY LINE OF NORTHLAND DR EX E 100 FT * SEC 18 T10N R10W 1.67 A.
Tax Annual Amount 2110
Legal Description THAT PART OF S 230 FT OF W 19 A. OF NE 1/4 NE 1/4 LYING ELY OF ELY LINE OF NORTHLAND DR EX E 100 FT * SEC 18 T10N R10W 1.67 A.

Utilities

Sewer type Septic Tank
Heating system Forced Air
Cooling system Central Air
Water source Well

Building Details

Year built 1940
Number of units 3
Building materials Vinyl Siding
Roof type Composition
Listing Agency: Berkshire Hathaway HomeServices Michigan Real Estate (Rock)
Listed By: Mark S Hoskins
Added: Apr 14 Changed: Aug 5 Last Checked: Aug 6 at 1:06AM
MLS# 26015301

Copyright © 2026 Michigan Regional Information Center, LLC. 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 multi-unit rental property includes an updated duplex with two units: one 2-bedroom, 1-bath unit and one 1-bedroom, 1-bath unit. The property also has a 2-bedroom, 1-bath mobile home on its own septic system. Recent improvements include a new roof in 2023 and two new gas water heaters in 2023 for the main residence. The mobile home will require new flooring and minor updates.

On-site improvements add significant storage and utility, including a 40x60 pole barn with a new roof in 2025 and a 2-story garage with a hip roof. The main house units have separate utilities and share septic.

Set on 1.67 acres in Sand Lake, the property offers a multi-dwelling configuration with multiple on-site structures designed to support income-generating residential use.

Key Highlights

  • Multi‑dwelling property on 1.67 acres with an updated duplex plus an additional 2‑bedroom mobile home
  • Duplex includes two units: a 2‑bed/1‑bath unit and a 1‑bed/1‑bath unit
  • Recent improvements: new roof in 2023 and two new gas water heaters in 2023

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Dental Office Restaurant Nail Salon Parking Lot & Garage Spa & Massage Center Hair Salon

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

3
Residential units
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

17
Businesses Nearby

Demographics for 49343, MI

5,669
Population
2,528
Households
2.2
Avg Household Size
43
Median Age
15%
College-Educated
91%
High-School Grad
55.3 sq mi
ZIP Area
103
Density / Sq Mi
$81,722
Median Household Income
$46,050
Median Earnings
$694
Median Rent
$236,200
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

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

What type of property is this?
Duplex - Updated duplex plus additional mobile home, pole barn, and 2-story garage set on 1.67 acres in Sand Lake, MI.
Where is this duplex located?
The property is located at 5459 Coan Street NE Sand Lake, MI.
What is the asking price?
The asking price for this property is $319,900.
What are key features of this property?
This property features: Multi‑dwelling property on 1.67 acres with an updated duplex plus an additional 2‑bedroom mobile home; Duplex includes two units: a 2‑bed/1‑bath unit and a 1‑bed/1‑bath unit; Recent improvements: new roof in 2023 and two new gas water heaters in 2023
More about this property
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