Two-Unit Duplex with Attached
For Sale
$359,000
10203 S Lake Station, Lake, MI 48632
MULTI_FAMILY - Ranch - Lake, MI
Property Size4,496 SF
Lot Size0.64 Acres
Price / SF$79.85
Days on Market411
Property Features for 10203 S Lake Station
General Information
Property type
Residential Multi Family
Property subtype
Single Family Residence
Zoning
Residential
Bedrooms
4
Bathrooms
2
Full bathrooms
2
Rooms
Bedroom 3, Bedroom 1, Bathroom 2, Dining Room, Bedroom 2, Bathroom 1, Bedroom 4
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) 588-9621
Added: Jun 16, 2025
Changed: Jul 29
Last Checked: Jul 31 at 3:06PM
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 for-sale two-unit duplex offers two separate homes on one property, with each unit featuring two bedrooms plus a possible third bedroom, den, or craft room. Each unit includes one full bath, a combined living and dining with kitchen layout, and a pantry for additional storage. Central heat/air is in place, and each unit has an attached garage. The duplex is serviced by a shared well for both units, and the property is described as well maintained.
The property is located in Clare County just south of the Village of Lake. It has blacktop road frontage on Lake Station Ave, placing it near Crooked Lake and Perch Lake. The listing notes that showings are by advance appointment only, with tenants in possession on both units.
The layout supports an owner-occupant scenario, with the flexibility to live in one unit while collecting rental income from the other. With central heat/air in both units, the property is designed for straightforward, comfortable year-round use. Prospective buyers should plan appointments in advance due to tenant occupancy on both sides.
The property is located in Clare County just south of the Village of Lake. It has blacktop road frontage on Lake Station Ave, placing it near Crooked Lake and Perch Lake. The listing notes that showings are by advance appointment only, with tenants in possession on both units.
The layout supports an owner-occupant scenario, with the flexibility to live in one unit while collecting rental income from the other. With central heat/air in both units, the property is designed for straightforward, comfortable year-round use. Prospective buyers should plan appointments in advance due to tenant occupancy on both sides.
Key Highlights
- 2008‑built ranch duplex with two units, each featuring 2 bedrooms and open living/dining/kitchen layout
- Each unit includes 1 full bath, pantry space, and a 12x12 area listed for possible 3rd bedroom/den/craft room
- Central heat/air in both units with forced‑air heating and central air cooling
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
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 duplex offers central heat/air, attached garages, and shared well service near Lake Station Ave.
Where is this duplex located?
The property is located at 10203 S Lake Station Lake, MI.
What is the asking price?
The asking price for this property is $359,000.
What are key features of this property?
This property features: 2008‑built ranch duplex with two units, each featuring 2 bedrooms and open living/dining/kitchen layout; Each unit includes 1 full bath, pantry space, and a 12x12 area listed for possible 3rd bedroom/den/craft room; Central heat/air in both units with forced‑air heating and central air cooling
