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    Fife Lake, MI Multifamily Properties for Sale

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    Kingsley, MI South Boardman, MI Traverse City, MI
    Historic Triplex with Lake Views
    $395,000
    3,216 SF
    Historic Triplex with Lake Views

    118 E State Street, Fife Lake, MI 49633

    Three-unit triplex built in 1886 with a deck overlooking Fife Lake and flexibility for rental operations.
    • Historic triplex built in 1886, originally a mercantile building and later converted to a residence and triplex
    • Overlooks Fife Lake, with an expansive deck offering year‑round lake views
    • Currently configured as three rental units, providing flexibility for income and seasonal rental use
    • Victorian architecture with basement and hot water (heating) plus baseboard heating
    • Asphalt and metal roofing, with driveway parking and paved or surfaced parking area
    Updated: Jun 15
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    Historic Triplex With Lake Views
    $395,000
    3,216 SF
    Historic Triplex With Lake Views

    118 E STATE ST, Fife Lake, MI 49633

    Built in 1886, this triplex has three rental units and an expansive deck overlooking Fife Lake.
    • Built in 1886 triplex overlooking Fife Lake, with expansive deck offering year‑round lake views
    • Property is currently configured as three rental units, providing multiple rental options
    • All three units offer seasonal rental potential, according to the listing information
    • Originally constructed as a mercantile building, later became a residence and then a triplex
    • Less than $133,000 per unit, as stated in the listing remarks
    Updated: Jun 15
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    Based on your search, we've compiled 10 Potential Opportunities for your consideration. Besides 2 Active listings in Fife Lake, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Completely Reimagined Duplex in Manton
    $299,900
    2,600 SF
    Completely Reimagined Duplex in Manton

    Updated duplex with flexible living options and income potential.

    701 W Main Street, Manton, MI 49663

    View details
    Reimagined Duplex with Flexible Layout
    $349,900
    Reimagined Duplex with Flexible Layout

    Completely updated duplex, ideal for owner-occupants or multi-generational living.

    701 W Main St, Manton, MI 49663

    View details
    Improved RV Corner Lot
    $62,500
    0.07 Acres
    Improved RV Corner Lot

    Corner RV lot at Vista Green RV Resort with electric, water, and sewer hook-ups for seasonal stays.

    Unit 83 Green Acres Drive, South Boardman, MI 49680

    View details
    RV Resort Corner Lot
    $62,500
    0.07 Acres
    RV Resort Corner Lot

    RV-ready corner lot with full electric, water, and sewer hook-ups and seasonal on-site occupancy rules.

    Green Acres lot: 83, South Boardman, MI 49680

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Traverse City Land with Utilities
    $59,000
    0.52 Acres
    Traverse City Land with Utilities

    Half-acre lot with well, septic, gas, and electric hookup.

    4866 Luanne Lane, Traverse City, MI 49685

    View details
    Breathtaking Farmland Development Opportunity
    $2,950,000
    74.20 Acres
    Breathtaking Farmland Development Opportunity

    72 acres of high-elevation farmland with sweeping, multi-directional views.

    Parcel C E Duck Lake Road, Suttons Bay, MI 49682

    View details
    Tippy Dam Lodge Retreat
    $999,900
    22.24 Acres
    Tippy Dam Lodge Retreat

    Unique lodge in Manistee National Forest with multiple buildings.

    1306 N Tippy Dam Road, Wellston, MI 49689

    View details
    Recreational Land in Gated Community
    $44,000
    0.75 Acres
    Recreational Land in Gated Community

    0.75-acre lot with hookups in White Birch Lakes Association.

    4537 Pine Run, Farwell, MI 48622

    View details

    Fife Lake, MI Multifamily Properties Market Trends and Statistics

    Explore 2 multifamily properties for sale in Fife Lake, MI on our real estate platform. These investment opportunities span a total of 3,216 square feet of properties for sale, with an estimated market value of $395,000.

    Sale prices for multifamily properties in Fife Lake, MI start at $395,000, averaging $395,000, and reaching up to $395,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Short term rental properties 2
    Triplexes 2

    Demographics Overview

    Population 3,325
    Population Growth (5Y) -9.6%
    Median Household Income $69,567
    College Educated 28.4%

    Taxes & Financing

    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Kalkaska County

    New Delisted

    Total CRE Inventory on Market (SF)

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