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Two-Unit Ranch Duplex with Garages
New
For Sale
$225,000

8472/8474 King Rd, Spring Arbor, MI 49283

A refreshed unit, separate electric meters, and two storage buildings add practical features to this rural residential property.

Property SizeContact for details
Lot Size1.00 Acre
Days on Market2

Property Features for 8472/8474 King Rd

General Information

Standard status Active
Total Parking Spaces 2
Lot size 1.00 Acre
Property subtype Investment

Units

Unit Mix 2 x 2BR/1BA
Multifamily Units 2
Individually Metered Utilities electricity

Additional Details

Utilities to Site Yes
Tenant in Place Yes

Taxes and HOA fees

Annual Taxes $3,801

Building Details

Year Built 1970
Units 2
Construction Ranch style
Listing Agency: ERA REARDON REALTY, L.L.C.
Listed By: MELISSA L BAILEY · License #6502372861
Source: Elliman
Added: Oct 23 Last Checked: Oct 23 at 5:18PM

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 ERA REARDON REALTY, L.L.C.

Rey
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Investment Insights

Based on property information with market context.

This ranch-style duplex contains two units, each with two bedrooms, one full bathroom, and an attached one-car garage. One unit has updated paint, carpet, and kitchen flooring and is ready for occupancy; the other is leased month-to-month. The property also includes a 24-by-32-foot steel storage building with a concrete floor and an 8-by-12-foot shed. There is no on-site laundry.

Set on 1 acre, the property uses a shared well and septic system. Each unit has a separate electric meter, and occupants pay their own electricity and trash costs; lawn care is handled by the owner. The driveway is shared with the duplex to the west.

Key Highlights

  • Two units, each with 2 bedrooms, 1 full bath, and an attached 1‑car garage
  • One unit has refreshed paint, carpet, and kitchen flooring and is ready for a tenant
  • Second unit is rented month‑to‑month

Property Analytics

Lease Details

2
Residential units
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

10
Businesses Nearby

Demographics for 49283, MI

4,401
Population
1,383
Households
3.2
Avg Household Size
29
Median Age
34%
College-Educated
97%
High-School Grad
14.5 sq mi
ZIP Area
304
Density / Sq Mi
$93,821
Median Household Income
$21,250
Median Earnings
$1,253
Median Rent
$206,000
Median Home Value

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 - A refreshed unit, separate electric meters, and two storage buildings add practical features to this rural residential property.
Where is this duplex located?
The property is located at 8472/8474 King Rd Spring Arbor, MI.
What is the asking price?
The asking price for this property is $225,000.
What are key features of this property?
This property features: Two units, each with 2 bedrooms, 1 full bath, and an attached 1‑car garage; One unit has refreshed paint, carpet, and kitchen flooring and is ready for a tenant; Second unit is rented month‑to‑month
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