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Updated Duplex with Outbuildings
For Sale
$329,900

5459 Coan St NE, Sand Lake, MI 49343

Updated duplex with separate utilities, an additional mobile home, and substantial storage improvements.

Property SizeContact for details
Lot Size1.67 Acres
Days on Market126

Property Features for 5459 Coan St NE

General Information

Standard status Active
Lot size 1.67 Acres
Property subtype Investment

Property Condition

Severity Repairs Needed
Evidence requires new flooring and minor updates

Units

Unit Mix 2 x 2BR/1BA, 1 x 1BR/1BA
Multifamily Units 3

Additional Details

Utilities to Site Yes

Taxes and HOA fees

Annual Taxes $2,110

Building Details

Year Built 1940
Units 3
Listing Agency: Berkshire Hathaway HomeServices Michigan Real Estate
Listed By: Mark S Hoskins · License #6501206190
Source: Elliman
Added: Apr 27 Changed: Aug 29 Last Checked: Aug 29 at 1:17PM

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 Berkshire Hathaway HomeServices Michigan Real Estate

Investment Insights

Based on property information with market context.

Set on 1.67 acres, this duplex property includes two residential units within the main building: a 2-bedroom, 1-bath unit and a 1-bedroom, 1-bath unit. The main residence received a new roof and two new gas water heaters in 2023. Each unit has separate utilities, while the main house uses a shared septic system.

A separate 2-bedroom, 1-bath mobile home adds another residential component and has its own septic system. The mobile home requires new flooring and minor updates. Additional improvements include a 40x60 pole barn with a new roof completed in 2025 and a two-story garage with a hip roof. The property is located between Cedar Springs and Sand Lake and was built in 1940.

Key Highlights

  • Main building contains 2‑bedroom, 1‑bath and 1‑bedroom, 1‑bath units
  • 1.67‑acre property between Cedar Springs and Sand Lake
  • New roof and two gas water heaters installed in 2023

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Dental Office Restaurant Nail Salon Parking Lot & Garage Spa & Massage Center Hair Salon

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

3
Residential units
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

17
Businesses Nearby

Demographics for 49343, MI

5,669
Population
2,528
Households
2.2
Avg Household Size
43
Median Age
15%
College-Educated
91%
High-School Grad
55.3 sq mi
ZIP Area
103
Density / Sq Mi
$81,722
Median Household Income
$46,050
Median Earnings
$694
Median Rent
$236,200
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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Frequently Asked Questions

What type of property is this?
Duplex - Updated duplex with separate utilities, an additional mobile home, and substantial storage improvements.
Where is this duplex located?
The property is located at 5459 Coan St NE Sand Lake, MI.
What is the asking price?
The asking price for this property is $329,900.
What are key features of this property?
This property features: Main building contains 2‑bedroom, 1‑bath and 1‑bedroom, 1‑bath units; 1.67‑acre property between Cedar Springs and Sand Lake; New roof and two gas water heaters installed in 2023
More about this property
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