Multi-Unit Residential Building with
For Sale
$389,900
7378 Chief Road, Bear Lake, MI 49614
MULTI_FAMILY - Bear Lake, MI
Property SizeContact for details
Lot Size1.72 Acres
Days on Market54
Property Features for 7378 Chief Road
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning description
Residential
Bedrooms
8
Full bathrooms
4
Rooms
Bedroom 2, Bathroom 2, Bedroom 8, Bedroom 4, Bedroom 1, Bathroom 3, Bedroom 5, Bedroom 3, Bedroom 7, Bathroom 4, Bathroom 1, Basement, Bedroom 6
Parking
6
Parking features
Paved or Surfaced, Driveway
Basement
Crawl Space
Lot features
Level
Elementary school district
Onekama
Middle school district
Onekama
High school district
Onekama
Directions
IS 31 To 8 Mile, East to Chief, South to home.
Standard status
Active
APN
02-034-400-07
Lot size
1.72 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
PT NE 1/4 OF SE 1/4 LYING N OF M + NE RR R/W, COM 280 FT N OF N RAIL RR ALG E LI OF SD 1/4, W PARA WITH RR R/W 300 FT, S TO N RR R/W, E ALG N RR R/W TO E LI OF SD 1/4, N TO POB. SEC 34 T23N R15W. 1.72 A*M/L. SALE(80) 6391 0306-9, 23-4 1391 0327
Tax Annual Amount
2555
Legal Description
PT NE 1/4 OF SE 1/4 LYING N OF M + NE RR R/W, COM 280 FT N OF N RAIL RR ALG E LI OF SD 1/4, W PARA WITH RR R/W 300 FT, S TO N RR R/W, E ALG N RR R/W TO E LI OF SD 1/4, N TO POB. SEC 34 T23N R15W. 1.72 A*M/L. SALE(80) 6391 0306-9, 23-4 1391 0327
Utilities
Utilities
Electricity Available
Sewer type
Septic Tank
Heating system
Hot Water(Heating), Forced Air
Water source
Private
Building Details
Year built
1900
Number of units
3
Building materials
Block, Wood Siding
Roof type
Rubber, Composition
Listing Agency:
Coldwell Banker ALM REALTY
(231) 723-3555
Listed By:
Brenda Cronan
(231) 794-1777
Added: Jul 1
Changed: Jul 25
Last Checked: Aug 23 at 11:06AM
MLS# 26034564
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Investment Insights
Based on property information with market context.
This for-sale multi-unit residential property offers a 2 to 4 unit configuration, positioned on a substantial lot totaling approximately 1.72 acres. The listing presents the building as an opportunity to hold multiple revenue streams within a single asset, with room on the property that may support future development or expansion considerations.
Located at 7378 Chief Road in Bear Lake, Michigan 49614, the property benefits from its established setting within the Bear Lake area of Manistee County. The parcel size is a notable characteristic here, as it provides meaningful outdoor space relative to typical smaller income properties.
For buyers seeking a residential income asset, this property’s multi-unit structure can be attractive for an operator looking to manage more than one unit within the same footprint. The combination of a 2 to 4 unit layout and a larger-than-usual lot may also appeal to those who want flexibility in how they approach the property going forward, with any changes subject to applicable approvals and requirements. Please review the unit mix and site considerations directly during due diligence.
Located at 7378 Chief Road in Bear Lake, Michigan 49614, the property benefits from its established setting within the Bear Lake area of Manistee County. The parcel size is a notable characteristic here, as it provides meaningful outdoor space relative to typical smaller income properties.
For buyers seeking a residential income asset, this property’s multi-unit structure can be attractive for an operator looking to manage more than one unit within the same footprint. The combination of a 2 to 4 unit layout and a larger-than-usual lot may also appeal to those who want flexibility in how they approach the property going forward, with any changes subject to applicable approvals and requirements. Please review the unit mix and site considerations directly during due diligence.
Key Highlights
- Multi‑unit property with 2 to 4 units on a nearly 75,000 sq ft lot in the Bear Lake area
- Year built 1900
- Roof types include rubber and composition roofing
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
6
Businesses Nearby
Explore this area
Business Placement
Demographics for 49614, MI
2,985
Population
1,967
Households
1.5
Avg Household Size
51
Median Age
29%
College-Educated
96%
High-School Grad
91.4 sq mi
ZIP Area
33
Density / Sq Mi
$71,389
Median Household Income
$36,739
Median Earnings
$963
Median Rent
$203,900
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Triplex - 2- to 4-unit residential income building with a sizable lot offers flexibility for future planning in Manistee County.
Where is this triplex located?
The property is located at 7378 Chief Road Bear Lake, MI.
What is the asking price?
The asking price for this property is $389,900.
What are key features of this property?
This property features: Multi‑unit property with 2 to 4 units on a nearly 75,000 sq ft lot in the Bear Lake area; Year built 1900; Roof types include rubber and composition roofing
