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    Lake Orion, MI
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    Lake Orion, MI Multifamily Properties for Sale

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    Auburn Hills, MI Pontiac, MI Lake Angelus, MI Rochester, MI Clarkston, MI Waterford, MI Waterford Township, MI Rochester Hills, MI
    Ranch Side-By-Side Duplex with Lake Privileges
    Updated: Jun 23
    Ranch Side-By-Side Duplex with Lake Privileges

    639 Heights Road, Orion Twp, MI 48362

    $185,000
    1,300 sqft 0.23 AC lot
    Side‑by‑side duplex with two units, each with 2 bedrooms and 1 bathroom
    Slab foundation with ranch architectural style
    Lake privileges to Lake Orion via a lake‑access community
    Built in 1925
    Lot size 0.23 acres
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    This listing looks promising.

    Here's a quick look at some key insights for

    639 Heights Road, Orion Twp, MI 48362

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    • Est. Cap Rate

      8.6%
      Above avg (5.9%)

    • Est. NOI

      $16K
      Annual

    • Price @ 7% Cap

      $228K
      Above asking

    • Property Type

      Single Family Residence
      Built 1925
    View Property Analytics
    Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Lake Orion, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

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

    Three-Unit Triplex with Updated Mechanical
    Three-Unit Triplex with Updated Mechanical

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    $359,900
    2,707 sqft 0.44 AC lot

    Well-kept three-unit triplex with a diverse bedroom mix and newer furnaces and hot water tank.

    View details
    Triplex with Private Entrances
    Triplex with Private Entrances

    61-67 East St, Oxford, MI 48371

    $389,900

    Three-unit triplex features private entries and recent roof and furnace updates.

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    Turnkey Short-Term Rental Business
    Turnkey Short-Term Rental Business

    545 CALGARY St, Auburn Hills, MI 48326

    $339,999

    Fully furnished, operational short-term rental in Auburn Hills.

    View details
    Turnkey Furnished Short-Term Rental
    Turnkey Furnished Short-Term Rental

    545 Calgary Street, Auburn Hills, MI 48326

    $410,000

    Fully furnished, professionally managed short-term rental business with established systems ready to operate upon closing.

    View details

    Lake Orion, MI Multifamily Properties Market Trends and Statistics

    Explore 1 multifamily properties for sale in Lake Orion, MI on our real estate platform. These investment opportunities span a total of 1,300 square feet of properties for sale, with an estimated market value of $185,000.

    Sale prices for multifamily properties in Lake Orion, MI average $185,000 — 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

    Duplexes 1

    Demographics Overview

    Population 37K
    Population Growth (5Y) -0.4%
    Median Household Income $113,603
    College Educated 54.0%

    Taxes & Financing

    Tax Rate (average for all types) 3.36%
    Property Tax per SF $70.96 per SF
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Oakland County

    New Delisted

    Total CRE Inventory on Market (SF)

    Property Size Breakdown

    The majority of commercial real estate listings in Lake Orion fall within the 100,000+ square foot range.

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