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Duplex with Full Basements
For Sale
$157,500

503-505 Liberator, Gwinn, MI 49841

Mirrored units combine three-bedroom layouts with attached garages, basement space, and separate utility areas.

Property SizeContact for details
Days on Market119

Property Features for 503-505 Liberator

General Information

Standard status Active
Property subtype Multi-Family

Amenities

Cable Ready
Forced Air
Dryer
Range/Oven
Refrigerator
Washer

Building Details

Year Built 1964
Listing Agency: SELECT REALTY
Listed By: THERESA HUNTER · License #6501219600
Source: Kw
Added: Jun 27 Changed: Oct 21 Last Checked: Oct 21 at 1:14AM

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 SELECT REALTY

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Investment Insights

Based on property information with market context.

This duplex, built in 1964, contains two matching units, each with 3 bedrooms, one full bath, one half bath, a full basement, and an attached one-car garage with interior access. Both sides include a refrigerator and stove, while the 503 unit has a newer furnace, updated appliances, and a washer and dryer. The 505 unit does not include a washer and dryer. Each basement has a utility sink, and both units feature updated 200-amp electrical service.

Located at 503-505 Liberator in Gwinn, Michigan, the property is being offered in its current condition. The sale is AS IS, with the seller making no repairs. The 503 basement stairway does not have a door at the top, an important condition detail for showings and future work planning.

Key Highlights

  • Two‑unit duplex with matching floor plans
  • Each unit offers 3 bedrooms, one full bath, and one half bath
  • Full basement and attached one‑car garage with interior access for each unit

Property Analytics

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Location Intelligence

Trade Area within ½ mile

56
Businesses Nearby

Demographics for 49841, MI

7,193
Population
3,847
Households
1.9
Avg Household Size
41
Median Age
24%
College-Educated
96%
High-School Grad
227.6 sq mi
ZIP Area
32
Density / Sq Mi
$61,337
Median Household Income
$34,437
Median Earnings
$731
Median Rent
$150,000
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025

Frequently Asked Questions

What type of property is this?
Duplex - Mirrored units combine three-bedroom layouts with attached garages, basement space, and separate utility areas.
Where is this duplex located?
The property is located at 503-505 Liberator Gwinn, MI.
What is the asking price?
The asking price for this property is $157,500.
What are key features of this property?
This property features: Two‑unit duplex with matching floor plans; Each unit offers 3 bedrooms, one full bath, and one half bath; Full basement and attached one‑car garage with interior access for each unit
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