Multifamily

Lake Orion, MI Multifamily Properties for Sale

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Two-Unit Duplex with Lake Access
Updated: Jun 23
Two-Unit Duplex with Lake Access

639 Heights Road, Orion Twp, MI 48362

$185,000
1,300 sqft 0.23 AC lot
Two side‑by‑side residences, each with 2 bedrooms and 1 bathroom
1,300 square feet on a 0.23‑acre parcel
Community privileges at Lake Orion
Built in 1925
Slab foundation, forced‑air heating, asphalt roof, and well water
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Side-by-Side Duplex with Lake Privileges
Updated: Jun 23
Side-by-Side Duplex with Lake Privileges

639 Heights Rd, Lake Orion, MI 48362

$185,000
1,300 sqft
Side‑by‑side duplex with 2 residential units
Each unit includes 2 bedrooms and 1 bathroom
1,300 square feet of total property size
Slab foundation
Significant updates and repairs required throughout
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See hot listings in Lake Orion

Scored against comparables nationwide. These are worth a look.

Scored against comparables nationwide. These are worth a look.

Cap Rate available after sign in
Est. NOI available after sign in
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Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 2 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.

Log Cabin on Walters Lake
Log Cabin on Walters Lake

8646 Thendara Boulevard, Independence Twp, MI 48348

$669,999
6,200 sqft

Historic log cabin with lake frontage, ideal for investment.

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Lakefront Short-Term Rental Lodge
Lakefront Short-Term Rental Lodge

8646 Thendara Boulevard, Independence Twp, MI 48348

$589,000
6,200 sqft 0.56 AC lot

The log-built property includes multiple living quarters and operates as a short-term rental.

View details
Renovated Mixed-Use Property
Renovated Mixed-Use Property

1075 Featherstone St, Pontiac, MI 48342

$799,000
4,146 sqft

Historic building combines four apartments with a substantial office component.

View details
Renovated 11-Unit Studio Apartment Building
Renovated 11-Unit Studio Apartment Building

566 E Columbia Ave, Pontiac, MI 48340

$725,000
3,603 sqft

Fully renovated studios feature private entries, kitchens, and baths, with private off-street parking and a detached 3-car garage.

View details

Lake Orion, MI Multifamily Properties Market Trends and Statistics

Explore 2 multifamily properties for sale in Lake Orion, MI on our real estate platform. These investment opportunities span a total of 2,600 square feet of properties for sale, with an estimated market value of $370,000.

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 2

Demographics Overview

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

High-Yield Neighborhoods for Investment

Identify Lake Orion submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
48362 $185K

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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