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Renovated Two-Unit Duplex
For Sale
$289,900

Wolverine, MI 49799, Wolverine, MI 49799

MultiFamily, Two Story, Wolverine, MI

Property Size1,600 SF
Price / SF$181.19
Days on Market57

Property Features

General Information

Property type Residential Multi Family
Property subtype Duplex
Bedrooms 4
Bathrooms 2
Full bathrooms 2
Rooms Basement, Bedroom 2, Bedroom 1, Bedroom 4, Laundry Room, Bathroom 2, Bedroom 3, Bathroom 1
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 Electric (Heating), Natural Gas, 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: Sep 13 Last Checked: Oct 6 at 2:06AM
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 two-unit duplex provides 1,600 square feet of residential space and has been comprehensively updated. Improvements include new wiring, plumbing, insulation, drywall, paint, flooring, bathroom fixtures, and a heating system. Each apartment has separate utilities, and the property includes a basement, two bathrooms, laundry room, electric ranges, refrigerators, range hoods, washers, and dryers. Interior finishes include vinyl flooring, ceiling fans, and cable access.

The property is in Wolverine, with downtown within walking distance and the trail system nearby. The Sturgeon River is one block away, while I-75 is approximately 1 mile from the property. Burt Lake is 10 minutes away, and Gaylord is 20 minutes away.

Key Highlights

  • Two rental units totaling 1,600 square feet
  • Comprehensively updated with new wiring, plumbing, insulation, drywall, flooring, and bathroom fixtures
  • Separate utilities for each apartment

Property Analytics

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Current Use

Duplexes

Lease Details

2
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

10
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
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 - Updated rental duplex with separate utilities, individual laundry, and proximity to downtown amenities and outdoor recreation.
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 units totaling 1,600 square feet; Comprehensively updated with new wiring, plumbing, insulation, drywall, flooring, and bathroom fixtures; Separate utilities for each apartment
More about this property
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