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    1138 W Oregon Rd Lapeer, MI 48446

    For Sale
    $180,000

    Large 6-bedroom home, potential for rental income or single-family use.

    Lot size:
    0.25 Acres

    Property Features for 1138 W Oregon Rd

    General Information

    Lot size
    0.25 Acres

    Building Details

    Year built
    1910

    Source: Dane Seltzer Real Estate Group Agent Scott Sims

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Spacious Lapeer Home with Options

    Located in the village of Lapeer, this large home features 6 bedrooms and 4 bathrooms. Currently configured as a 2-unit apartment, one unit is recently vacated. The property offers multiple opportunities, including conversion back to a single-family home, use as a multi-generational residence, or continued operation as a rental property. The remaining tenant occupies the other unit on a month-to-month basis. Situated on a corner lot, the property includes a detached garage and a double-sized lot. It can be used as a cash-flowing rental property that generates income or returned to a single family home.
    Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Realty agency Spa & Massage Dental Office Nail Salon Hotel & Motel Gym & Fitness Pharmacy Skin Care Clinic Food Market Accounting Firm

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Lapeer
    County
    Lapeer
    State
    Michigan
    Longitude
    -83.344035
    Latitude
    43.05732

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    FAQs

    What type of property is this?
    Duplex - Large 6-bedroom home, potential for rental income or single-family use.
    Where is this duplex located?
    The property is located at 1138 W Oregon Rd Lapeer, MI.
    What is the asking price?
    The asking price for this property is $180,000.
    What are key features of this property?
    This property features: - Large 6 bedroom/4 bath home with flexible usage options.; - Potential for conversion back to a single-family home.; - Opportunity for income generation as a rental property.
    (586) 557-2939
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1138 W Oregon Rd Lapeer, MI 48446
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