Two-Unit Duplex with
For Sale
$235,000
12218 7th Street, Bear Lake, MI 49614
Well-maintained duplex with separate utilities, private laundry, and two-bedroom units near Bear Lake amenities.
Property Size768 SF
Price / SF$305.99
Days on Market181
Property Features for 12218 7th Street
General Information
Standard status
Active
Size
768 SF
Total Parking Spaces
2
Property subtype
Multi Family / 2 to 4 Units
Financials
Gross Income
$21,600
Average Monthly Rent
$900
Units
Unit Mix
2 x 2BR/1BA
Multifamily Units
2
Additional Details
Utilities to Site
Yes
Taxes and HOA fees
Annual Taxes
$2,130
Amenities
laundry
None, No
Forced Air, Yes
No
Forced Air
Natural Gas
Electric Dryer Hookup, Gas Dryer Hookup
0.0
Metal
Garages, Sep Electric Meter, Sep Gas Meter, Tenant Storage
Paved, Public
Crawl Space
Vinyl Siding
Public Access 1 Mile or Less
Building Details
Year Built
1992
Units
2
Listing Agency:
Essential Real Estate
(231) 942-9334
Listed By:
Jenna Mahoney · License #6506049050
(231) 942-9334
Source:
Compass
Added: Mar 3
Changed: Aug 30
Last Checked: Mar 25 at 1:55PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Essential Real Estate
Investment Insights
Based on property information with market context.
Built in 1992, this duplex contains two well-kept units, each arranged with two bedrooms and one bathroom. Both residences include an individual garage, laundry facilities, a natural gas furnace, and separate gas and electric meters. The property operates with a private well and septic system, while tenant storage and paved public access are also provided.
The home is located at 12218 7th Street in Bear Lake, within a short walk of Bear Lake, Bear Lake School, the library, and the post office. Its two-unit layout supports separate occupancy, while the configuration also provides flexibility for an owner-occupant considering future residential use.
The home is located at 12218 7th Street in Bear Lake, within a short walk of Bear Lake, Bear Lake School, the library, and the post office. Its two-unit layout supports separate occupancy, while the configuration also provides flexibility for an owner-occupant considering future residential use.
Key Highlights
- Two 2‑bedroom, 1‑bath units
- Individual garage and laundry for each unit
- Separate gas and electric meters
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
10
Businesses Nearby
Explore this area
Business Placement
Demographics for 49614, MI
2,985
Population
1,967
Households
1.5
Avg Household Size
51
Median Age
29%
College-Educated
96%
High-School Grad
91.4 sq mi
ZIP Area
33
Density / Sq Mi
$71,389
Median Household Income
$36,739
Median Earnings
$963
Median Rent
$203,900
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 duplex with separate utilities, private laundry, and two-bedroom units near Bear Lake amenities.
Where is this duplex located?
The property is located at 12218 7th Street Bear Lake, MI.
What is the asking price?
The asking price for this property is $235,000.
What are key features of this property?
This property features: Two 2‑bedroom, 1‑bath units; Individual garage and laundry for each unit; Separate gas and electric meters
