Triplex with Lake-View
For Sale
$394,000
118 E State Street, Fife Lake, MI 49633
MULTI_FAMILY - Fife Lake, MI
Property Size3,216 SF
Lot Size0.11 Acres
Price / SF$122.51
Days on Market48
Property Features for 118 E State Street
General Information
Property type
Residential Multi Family
Property subtype
Triplex
Zoning
Other,Rental History
Zoning description
Rental History
Bathrooms
3
Full bathrooms
3
Rooms
Bathroom 1, Bathroom 3, Bathroom 2
Patio and Porch features
Deck, Patio, Porch
Interior features
Breakfast Nook, Island Kitchen, Fixer-Upper
Exterior features
Deck, Patio, Garden Area, Multi-Level Decking, Porch, RV Parking
Fireplace
1
Appliances
Refrigerator, Oven/Range, Dishwasher, Washer, Dryer, Exhaust Fan, Ceiling Fan, Natural Gas Water Heater
Elementary school district
Forest Area Community Schools
Middle school district
Forest Area Community Schools
High school district
Forest Area Community Schools
Directions
Head to Fife Lake. Property is on State St right before the railroad track overlooking the Lake
Subdivision
Grand Traverse
Standard status
Active
Size
3,216 SF
Lot size
0.11 Acres
Taxes and HOA fees
Tax Description
LOT 16 BLK 4 VILL OF NO FIFE LAKE EXC BEG AT SW COR SD LOT 16 & RUNNING E ALG S LINE OF LOT 16 11' TH N 16' TH N'LY AT RIGHT ANGLES WITH SOUTHERLY LINE OF STATE RD TO INTERSECT WITH NORTHERLY LINE OF LOT 16 50' E OF NW CNR LOT 16 TH NW'LY ON NORTH LI NE O
Legal Description
LOT 16 BLK 4 VILL OF NO FIFE LAKE EXC BEG AT SW COR SD LOT 16 & RUNNING E ALG S LINE OF LOT 16 11' TH N 16' TH N'LY AT RIGHT ANGLES WITH SOUTHERLY LINE OF STATE RD TO INTERSECT WITH NORTHERLY LINE OF LOT 16 50' E OF NW CNR LOT 16 TH NW'LY ON NORTH LI NE O
Utilities
Water source
Private
Water front features
Lake
Building Details
Year built
1890
Floors in Building
2
Number of units
3
Building materials
Frame
Roof type
Metal, Asphalt
Architectural style
Victorian, Other
Listing Agency:
Cygnus Real Estate
(231) 994-3225
Listed By:
Carole Higgins · License #6502370294
(231) 633-2577
Added: Jun 15
Changed: Jul 30
Last Checked: Aug 1 at 1:06AM
MLS# 1946582
Copyright © 2026 Northern Great Lakes Realtors MLS. 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.
Historic triplex built in the late 19th century overlooking Fife Lake. Originally constructed as a mercantile building before evolving into a residence and later a triplex, the property is currently configured with three rental units and provides flexibility for seasonal rental operators or investors seeking a residential income asset with lake views. The home includes multiple interior living areas and kitchens, along with a breakfast nook and an island kitchen. Exterior improvements include a deck with lake views, plus a porch, patio, and garden area.
Set on 0.11 acres at 118 E State Street in Fife Lake, Michigan, the property has waterfront features noted as “Lake.” Outdoor features also include multi-level decking and RV parking. Construction is frame, with metal and asphalt roofing, and a natural gas water heater. A fireplace is also present.
The building was adapted to changing needs for nearly 140 years and is positioned for the next chapter as a fixer-upper-style opportunity where vision and restoration can help unlock the long-term and seasonal rental potential associated with the lake setting.
Set on 0.11 acres at 118 E State Street in Fife Lake, Michigan, the property has waterfront features noted as “Lake.” Outdoor features also include multi-level decking and RV parking. Construction is frame, with metal and asphalt roofing, and a natural gas water heater. A fireplace is also present.
The building was adapted to changing needs for nearly 140 years and is positioned for the next chapter as a fixer-upper-style opportunity where vision and restoration can help unlock the long-term and seasonal rental potential associated with the lake setting.
Key Highlights
- Historic triplex built in 1890 with frame construction
- Currently configured as three rental units
- 0.11‑acre lot with lake waterfront access
Property Analytics
Property Profile
Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
62
Businesses Nearby
Explore this area
Business Placement
Demographics for 49633, MI
4,026
Population
2,724
Households
1.5
Avg Household Size
45
Median Age
22%
College-Educated
92%
High-School Grad
168.1 sq mi
ZIP Area
24
Density / Sq Mi
$69,567
Median Household Income
$42,171
Median Earnings
$1,110
Median Rent
$174,000
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?
Triplex - Historic triplex on a small lakefront lot with three rental units, lake-view deck, porch, and RV parking.
Where is this triplex located?
The property is located at 118 E State Street Fife Lake, MI.
What is the asking price?
The asking price for this property is $394,000.
What are key features of this property?
This property features: Historic triplex built in 1890 with frame construction; Currently configured as three rental units; 0.11‑acre lot with lake waterfront access
