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Multi-Unit Residential Property
New
For Sale
$149,900

3071 2ND STREET, Twin Lake, MI 49457

MULTI_FAMILY - TWIN LAKE, MI

Property SizeContact for details
Days on Market1

Property Features for 3071 2ND STREET

General Information

Property type Residential Multi Family
Property subtype Single Family Attached
Standard status Active

Building Details

Year built 1971
Listing Agency: Coldwell Banker Woodland Schmidt - Hart · Coldwell Banker Real Estate
Listed By: Janet Dodge · License #6506048813
Added: Aug 10 Last Checked: Aug 10 at 11:06PM
MLS# 20010725

Copyright © 2026 Coldwell Banker Schmidt REALTORS. 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 multifamily property is a multi-unit residential building constructed in 1971. The property is zoned R2-RE and was previously operated as a residence for men maintaining sobriety. Its existing multi-unit configuration provides the primary physical basis for evaluating future residential use.

The building is located at 3071 2nd Street in Twin Lake, Michigan. A lake is two blocks away in one direction, while downtown is situated in the opposite direction. The source information also identifies assisted living and foster care as possible future applications, subject to applicable requirements and approvals.

Key Highlights

  • Multi‑unit residential building constructed in 1971
  • R2‑RE zoning
  • Lake located two blocks away

Property Analytics

Current Use

Assisted living facilities

Suggested Use

Top Pick Real Estate Agency Law Firm Big Box & Wholesale Store Building Supply (Bike/Boat/Book/etc) 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.

Location Intelligence

Trade Area within ½ mile

73
Businesses Nearby

Demographics for 49457, MI

10,833
Population
4,925
Households
2.2
Avg Household Size
40
Median Age
20%
College-Educated
95%
High-School Grad
81.1 sq mi
ZIP Area
134
Density / Sq Mi
$74,439
Median Household Income
$42,964
Median Earnings
$1,071
Median Rent
$194,000
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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Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Multifamily property - The building carries R2-RE zoning and sits two blocks from a lake, with downtown in the opposite direction.
Where is this multifamily property located?
The property is located at 3071 2ND STREET Twin Lake, MI.
What is the asking price?
The asking price for this property is $149,900.
What are key features of this property?
This property features: Multi‑unit residential building constructed in 1971; R2‑RE zoning; Lake located two blocks away
More about this property
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