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Multifamily Property With Outbuildings
For Sale
$299,900
Pending

5459 Coan Street NE, Sand Lake, MI 49343

Multi Family, Sand Lake, MI

Property SizeContact for details
Lot Size1.67 Acres
Days on Market160

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 Bedroom 5, Bathroom 2, Bedroom 1, Bathroom 1, Bedroom 4, Bathroom 3, Bedroom 3, Bedroom 2
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 Pending
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 · License #6501206190
Added: Apr 14 Changed: Sep 11 Last Checked: Sep 20 at 3:06PM
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.

The property includes an updated duplex in the main residence, with one 2-bedroom, 1-bath unit and one 1-bedroom, 1-bath unit. A separate 2-bedroom, 1-bath mobile home adds another dwelling and has its own septic system; flooring and minor updates are needed. The main house has a roof installed in 2023 and two gas water heaters installed in 2023. Separate utilities serve the units, while the main house uses a shared septic system.

Set on 1.67 acres at 5459 Coan Street NE in Sand Lake, MI, the property also includes a 40-by-60-foot pole barn with a roof installed in 2025 and a two-story garage with a hip roof. Additional features include forced-air heating, central air, well water, septic service, vinyl siding, a composition roof, and paved or surfaced parking. The property was built in 1940.

Key Highlights

  • 1.67‑acre multifamily property at 5459 Coan Street NE, Sand Lake, MI 49343
  • Main residence contains a 2‑bedroom, 1‑bath unit and a 1‑bedroom, 1‑bath unit
  • Separate 2‑bedroom, 1‑bath mobile home with its own septic system

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick HVAC Service Plumbing Service Auto Repair Shop Storage Facility Kitchen & Bath Showroom Home Appliance Store

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

16
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
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?
Multifamily property - Duplex residence, mobile home, pole barn, and garage create a multi-dwelling property with separate utilities.
Where is this multifamily property 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 $299,900.
What are key features of this property?
This property features: 1.67‑acre multifamily property at 5459 Coan Street NE, Sand Lake, MI 49343; Main residence contains a 2‑bedroom, 1‑bath unit and a 1‑bedroom, 1‑bath unit; Separate 2‑bedroom, 1‑bath mobile home with its own septic system
More about this property
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