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Two-Unit Duplex with Lake Access
For Sale
$349,000

642 Sharon Street, Gaylord, MI 49735

MultiFamily, Two Story, Gaylord, MI

Property Size1,927 SF
Price / SF$181.11
Days on Market105

Property Features for 642 Sharon Street

General Information

Property type Residential Multi Family
Property subtype Other
Zoning R-2
Bedrooms 5
Bathrooms 2
Full bathrooms 2
Rooms Bedroom 5, Bedroom 3, Bedroom 4, Bedroom 1, Bathroom 2, Bathroom 1, Bedroom 2
Parking features Open
Interior features Doorwall, Smoke Detector, Tile Floors, Vinyl Floors
Basement Block
Appliances Washer, Refrigerator, Electric Range, Dryer
Subdivision T30N R3W
Elementary school Gaylord
High school Gaylord
Elementary school district Gaylord
Middle school district Gaylord
High school district Gaylord
Directions From downtown Gaylord, travel south on Old US-27 approximately 3 miles, then west on Sharon Street to property
Standard status Active
APN 01169000900900
Size 1,927 SF

Taxes and HOA fees

Tax Description Lots 9 11, Blk 9. Pleasant View Sec 33 T30 N R3 W
Legal Description Lots 9 11, Blk 9. Pleasant View Sec 33 T30 N R3 W

Utilities

Sewer type Septic Tank
Heating system Natural Gas, Forced Air
Water source Well

Building Details

Floors in Building 2
Number of units 2
Building materials Vinyl
Architectural style Other
Listing Agency: @properties Christie's Int'l RE
Listed By: Dean Michael Bach · License #6501434840
Added: Jun 8 Changed: Sep 13 Last Checked: Sep 20 at 9:06PM
MLS# 201840855

Copyright © 2026 Water Wonderland Board of 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 1,927-square-foot duplex includes two separate residences on a single parcel. One residence has 2 bedrooms, 1 bathroom, and a 2-car attached garage; the other provides 3 bedrooms and 1 bathroom. Interior features include tile and vinyl flooring, doorwalls, smoke detectors, washers, dryers, refrigerators, and electric ranges. The property has vinyl construction, natural gas forced-air heat, a shared well, separate septic systems, and open parking.

The property is near Wah Wah Soo Beach and Otsego Lake, with access to a non-conforming dock at the end of the street. The Iron Belle Trail and Trail 7 snowmobile route are also nearby, while downtown Gaylord is minutes away. R-2 zoning and two distinct residences provide a range of documented residential configurations, including long-term occupancy, vacation use, or multi-generational living.

Key Highlights

  • Two separate residences totaling 1,927 Square Feet on one parcel
  • 2‑bedroom residence includes 1 bathroom and a 2‑car attached garage
  • Second residence offers 3 bedrooms and 1 bathroom

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Auto Repair Shop Big Box & Wholesale Store Locksmith Furniture & Home Goods Restaurant Veterinary Clinic

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

2
Residential units

Location Intelligence

Trade Area within ½ mile

15
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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 - Separate residences on one parcel offer flexible occupancy near Otsego Lake, public beach access, and year-round recreational trails.
Where is this duplex located?
The property is located at 642 Sharon Street Gaylord, MI.
What is the asking price?
The asking price for this property is $349,000.
What are key features of this property?
This property features: Two separate residences totaling 1,927 Square Feet on one parcel; 2‑bedroom residence includes 1 bathroom and a 2‑car attached garage; Second residence offers 3 bedrooms and 1 bathroom
More about this property
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