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Lake-Area Duplex with Two Homes
For Sale
$365,000

632 Sharon Street #632 & 642, Gaylord, MI 49735

Two residences share one parcel, supported by a shared well and separate septic systems.

Property Size1,927 SF
Days on Market57

Property Features for 632 Sharon Street #632 & 642

General Information

Standard status Active
Size 1,927 SF
Property subtype Multi Family Home
Zoning R-2

Additional Details

Road Access Yes
Multifamily Units 2

Building Details

Building Size 1,927 SF
Units 2
Listing Agency: @properties Christie's International Real Estate - Harbor Springs
Listed By: Dean Bach · License #6501434840
Source: Northprimerealestate
Added: Jun 16 Changed: Aug 11 Last Checked: Aug 11 at 7:31AM

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 @properties Christie's International Real Estate - Harbor Springs

Investment Insights

Based on property information with market context.

This R-2 duplex property includes two separate residences on a single parcel. One home has 2 bedrooms, 1 bath, an open-concept design, and a 2-car attached garage. The second residence provides 3 bedrooms and 1 bath. Cable and refrigerators are included, and the homes are served by a shared well with individual septic systems.

The property is located at 632 Sharon Street in Gaylord, near Wah Wah Soo Beach and Otsego Lake. Residents have access to a non-conforming dock at the end of the street, while the Iron Belle Trail and Trail 7 provide nearby hiking, biking, and snowmobile recreation. Downtown Gaylord, shopping, dining, golf courses, skiing, and entertainment are minutes away.

Key Highlights

  • Two separate residences on one parcel
  • 2‑bedroom, 1‑bath home with open‑concept layout and 2‑car attached garage
  • Second residence includes 3 bedrooms and 1 bath

Property Analytics

Current Use

Duplexes

Lease Details

2
Residential units
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

125
Businesses Nearby

Demographics for 49735, MI

20,568
Population
11,551
Households
1.8
Avg Household Size
44
Median Age
27%
College-Educated
94%
High-School Grad
248.6 sq mi
ZIP Area
83
Density / Sq Mi
$69,050
Median Household Income
$39,813
Median Earnings
$876
Median Rent
$200,800
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 - Two residences share one parcel, supported by a shared well and separate septic systems.
Where is this duplex located?
The property is located at 632 Sharon Street #632 & 642 Gaylord, MI.
What is the asking price?
The asking price for this property is $365,000.
What are key features of this property?
This property features: Two separate residences on one parcel; 2‑bedroom, 1‑bath home with open‑concept layout and 2‑car attached garage; Second residence includes 3 bedrooms and 1 bath
More about this property
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