Building Details

Year Built 1934

Year Renovated 2023

Buildings 2

Units 2

Tenancy Multi

Listing Agency: RE/MAX SunQuest Realty r***@gmail.com Show Phone

Listed By: Rui M DeOliveira · License #6501288319 Show Phone

Source: Elliman

Added: Aug 1 Changed: Aug 2 Last Checked: Aug 5 at 8:14AM

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Investment Insights

Based on property information with market context.

This duplex contains two residential units and received a comprehensive renovation in 2023. Improvements include a new roof for the house and garage, updated electrical and plumbing systems, two furnaces, two water heaters, new drywall, replacement doors and trim, refreshed kitchens, and remodeled bathrooms. Separate utilities serve each unit, supporting straightforward management for both an owner-occupant and an investor. The property also includes a detached two-car garage on a corner lot.

Built in 1934, the duplex is located at 1055 Tupper Lake St in Lake Odessa, Michigan. The property’s 2023 improvements address major building systems as well as interior finishes, creating an updated residential income asset with a dedicated garage and distinct utility service for each unit.

Key Highlights

• Two‑unit duplex renovated in 2023
• New roof installed on both the house and detached garage
• Updated electrical and plumbing systems

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency HVAC Service (Bike/Boat/Book/etc) Store Nail Salon Kitchen & Bath Showroom Building Supply

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

Yes

Utilities to site

Location Intelligence

Trade Area within ½ mile

212

Businesses Nearby

Explore this area Business Placement

Demographics for 48849, MI

5,904

Population

2,295

Households

2.6

Avg Household Size

42

Median Age

18%

College-Educated

94%

High-School Grad

83.7 sq mi

ZIP Area

71

Density / Sq Mi

$79,423

Median Household Income

$41,516

Median Earnings

$772

Median Rent

$212,900

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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Frequently Asked Questions

What type of property is this?

Duplex - Two-unit property with separate utilities and extensive 2023 updates throughout.

Where is this duplex located?

The property is located at 1055 Tupper Lake St Lake Odessa, MI.

What is the asking price?

The asking price for this property is $279,900.

What are key features of this property?

This property features: Two‑unit duplex renovated in 2023; New roof installed on both the house and detached garage; Updated electrical and plumbing systems