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Renovated Duplex with Separate Utilities
For Sale
$289,900

Wolverine, MI 49799, Wolverine, MI 49799

MULTI_FAMILY - Other - Wolverine, MI

Property Size1,600 SF
Price / SF$181.19
Days on Market9

Property Features

General Information

Property type Residential Multi Family
Property subtype Duplex
Bedrooms 4
Bathrooms 2
Full bathrooms 2
Rooms Bedroom 1, Bedroom 3, Bathroom 2, Bedroom 2, Bathroom 1, Laundry Room, Basement, Bedroom 4
Interior features Cable, Ceiling Fans, Vinyl Floors
Appliances Washer, Refrigerator, Range Hood, Electric Range, Dryer
Subdivision T33N R3W
Elementary school Wolverine
High school Wolverine
Elementary school district Wolverine
Middle school district Wolverine
High school district Wolverine
Directions Take S. Straits Hwy South to Ballard St. turn left property of left.
Standard status Active
APN 253-W15-001-007-00
Size 1,600 SF

Taxes and HOA fees

Tax Description Lot(s) 7 & 8, Block 1 Village of Wolverine
Legal Description Lot(s) 7 & 8, Block 1 Village of Wolverine

Utilities

Sewer type Septic Tank
Heating system Natural Gas, Electric (Heating), Space Heater
Water source Well

Building Details

Floors in Building 2
Number of units 2
Building materials Vinyl
Architectural style Other
Listing Agency: Berkshire Hathaway Homeservices Indian River
Listed By: David P Carpenter · License #6506046184
Added: Aug 11 Changed: Aug 13 Last Checked: Aug 19 at 9:06AM
MLS# 201842127

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 duplex contains two rental apartments within 1,600 square feet. Both units were rebuilt from the studs with updated wiring, plumbing, insulation, drywall, paint, flooring, bathroom fixtures, and heating systems. Separate utilities support distinct apartment operations, while included appliances consist of washers, dryers, refrigerators, range hoods, and electric ranges. Interior features include vinyl flooring and ceiling fans.

The property is adjacent to a trail system and within walking distance of downtown Wolverine. The Sturgeon River is one block away, and I-75 is 1 mile from the property. Burt Lake is approximately 10 minutes away, with Gaylord approximately 20 minutes away. Water is supplied by a well, and wastewater is handled by a septic tank.

Key Highlights

  • Two rental apartments totaling 1,600 square feet
  • Rebuilt interiors include updated wiring, plumbing, insulation, drywall, flooring, and bathroom fixtures
  • Separate utilities and updated heating systems for each apartment

Property Analytics

Current Use

Duplexes

Lease Details

2
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

63
Businesses Nearby

Demographics for 49799, MI

2,514
Population
1,484
Households
1.7
Avg Household Size
49
Median Age
15%
College-Educated
93%
High-School Grad
118.4 sq mi
ZIP Area
21
Density / Sq Mi
$51,029
Median Household Income
$31,023
Median Earnings
$682
Median Rent
$164,800
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 apartment units offer updated interiors, individual utilities, and residential income use near Wolverine’s downtown district.
Where is this duplex located?
The property is located at Wolverine, MI.
What is the asking price?
The asking price for this property is $289,900.
What are key features of this property?
This property features: Two rental apartments totaling 1,600 square feet; Rebuilt interiors include updated wiring, plumbing, insulation, drywall, flooring, and bathroom fixtures; Separate utilities and updated heating systems for each apartment
More about this property
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