Two-Unit Ranch Duplex with Central
For Sale
$315,000
10203 S Lake Station Avenue, Lake, MI 48632
MULTI_FAMILY - Ranch - Lake, MI
Property Size4,496 SF
Lot Size0.64 Acres
Price / SF$70.06
Days on Market415
Property Features for 10203 S Lake Station Avenue
General Information
Property type
Residential Multi Family
Property subtype
Single Family Residence
Zoning description
Residential
Bedrooms
4
Bathrooms
2
Full bathrooms
2
Rooms
Bathroom 2, Bedroom 3, Bedroom 4, Bedroom 2, Bedroom 1, Bathroom 1
Parking features
Garage
Appliances
Range/Oven, Refrigerator
Subdivision
metes & bounds
Elementary school district
Farwell Area Schools
Middle school district
Farwell Area Schools
High school district
Farwell Area Schools
Standard status
Active
APN
18-013-026-100-09
Size
4,496 SF
Lot size
0.64 Acres
Taxes and HOA fees
Tax Year
2024
Utilities
Heating system
Forced Air
Cooling system
Central Air
Water source
Private
Building Details
Year built
2008
Floors in Building
1
Number of units
2
Architectural style
Ranch
Listing Agency:
REISS REAL ESTATE INC.
(989) 588-9621
Listed By:
ALAN REISS · License #6502123263
(989) 387-1409
Added: Jun 16, 2025
Changed: Aug 3
Last Checked: Aug 4 at 4:06AM
MLS# 50178508
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 two-unit duplex is a ranch-style property built in 2008, offering two bedrooms in each unit plus a possible third bedroom, den, or craft room. The layout includes an open living/dining/kitchen area, a pantry, one full bathroom per unit, and forced-air heat with central air conditioning. Each unit has an attached garage, and the property uses a shared well water source between the two units. Appliances include range/oven and refrigerator.
Located at 10203 S Lake Station Avenue in Lake, Michigan, the home sits just south of the Village of Lake on a blacktop road. The property is described as being near Crooked Lake and Perch Lake. Tenants are in possession on both units, with showings available by advance appointment only.
With a setup that supports owner occupancy for one unit and rental income for the other, the property is presented as a practical option for buyers looking for a maintained duplex with established tenancy.
Located at 10203 S Lake Station Avenue in Lake, Michigan, the home sits just south of the Village of Lake on a blacktop road. The property is described as being near Crooked Lake and Perch Lake. Tenants are in possession on both units, with showings available by advance appointment only.
With a setup that supports owner occupancy for one unit and rental income for the other, the property is presented as a practical option for buyers looking for a maintained duplex with established tenancy.
Key Highlights
- Two‑unit ranch duplex built in 2008 with forced‑air heat and central air
- Each unit has two bedrooms plus possible third bedroom, den, or craft room
- Open living/dining/kitchen area with pantry and one full bathroom per unit
Property Analytics
Property Profile
Current Use
Lease Details
100%
Occupancy
Multi-tenant
Tenancy
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
7
Businesses Nearby
Explore this area
Business Placement
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Well-maintained two-unit ranch duplex with central heat/air, attached garages, and shared well service.
Where is this duplex located?
The property is located at 10203 S Lake Station Avenue Lake, MI.
What is the asking price?
The asking price for this property is $315,000.
What are key features of this property?
This property features: Two‑unit ranch duplex built in 2008 with forced‑air heat and central air; Each unit has two bedrooms plus possible third bedroom, den, or craft room; Open living/dining/kitchen area with pantry and one full bathroom per unit
