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Updated Duplex With Walk-Out Basement
For Sale
Under Contract
$325,000

11950 Honor Highway, Honor, MI 49640

Single Family, In-Law Suite or Apartment, Duplex, Honor, MI

Property Size3,391 SF
Lot Size3.30 Acres
Price / SF$95.84
Days on Market102

Property Features for 11950 Honor Highway

General Information

Property type Residential
Property subtype Duplex
Zoning Residential,Commercial
Zoning description Residential, Commercial
Bedrooms 5
Bathrooms 4
Full bathrooms 2
Half bathrooms 1
Rooms Bathroom 1, Dining Room, Bedroom 3, Bedroom 4, Bedroom 1, Bathroom 3, Bedroom 5, Bathroom 2, Bedroom 2
Patio and Porch features Deck
Interior features Vaulted Ceilings
Exterior features Deck, Countryside View
Fireplace 1
Appliances Refrigerator, Oven/Range
Lot features Metes and Bounds, Rolling
Elementary school district Benzie County Central Schools
Middle school district Benzie County Central Schools
High school district Benzie County Central Schools
Directions US-31 towards Honor. On right before the village.
Subdivision Benzie
Standard status Active Under Contract
Size 3,391 SF
Lot size 3.30 Acres

Taxes and HOA fees

Tax Description See associated documents.
Legal Description See associated documents.

Utilities

Water source Private

Amenities

hardwood floors
walk-out basement
laundry hook-ups
2 storage buildings

Building Details

Year built 1960
Building materials Frame
Roof type Asphalt
Architectural style Other
Listing Agency: Traverse Real Estate
Listed By: Thomas Cronin · License #6502367206
Added: May 27 Changed: Sep 2 Last Checked: Sep 5 at 5:06PM
MLS# 1945737

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.

This duplex contains 3,391 square feet with an independent lower-level living area and separate electric meters. The residence includes five bedrooms, three bathrooms, hardwood flooring, vaulted ceilings, a walk-out basement, and laundry hookups on both levels. A fireplace, deck, refrigerator, and oven/range are also included.

Recent improvements include smoke and carbon monoxide detectors, an oven, selected floor coverings, exterior siding, and interior paint. The frame-built property dates to 1960 and has an asphalt roof, private water service, and two storage buildings. A countryside view and private setting complement the outdoor space.

Key Highlights

  • 3,391‑square‑foot duplex on 3.3 acres
  • Dual electric meters and independent lower‑level living area
  • Five bedrooms and three bathrooms

Property Analytics

Current Use

The Sign Shop Wedding Service

Suggested Use

Top Pick Electrical Service Plumbing Service Building Supply Catering Service Home Appliance Store Storage Facility

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

2
Residential units

Location Intelligence

Trade Area within ½ mile

16
Businesses Nearby

Demographics for 49640, MI

1,501
Population
1,236
Households
1.2
Avg Household Size
53
Median Age
42%
College-Educated
92%
High-School Grad
64.0 sq mi
ZIP Area
23
Density / Sq Mi
$83,750
Median Household Income
$36,071
Median Earnings
$805
Median Rent
$285,000
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Two-level layout includes separate laundry hookups, independent living areas, and two storage buildings on a private 3.3-acre setting.
Where is this duplex located?
The property is located at 11950 Honor Highway Honor, MI.
What is the asking price?
The asking price for this property is $325,000.
What are key features of this property?
This property features: 3,391‑square‑foot duplex on 3.3 acres; Dual electric meters and independent lower‑level living area; Five bedrooms and three bathrooms
More about this property
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