Lake, MI Multifamily properties for sale

Updated: Jun 16, 2025

Four-Unit Ranch Multifamily Property

10195 S Lake Station Avenue, Lake, MI 48632

$519,000

8,128 sqft 1.25 AC lot

Four total units across two duplex buildings
8,128 square feet on 1.25 acres
Each unit has 2 bedrooms and 1 full bathroom
Attached garage provided with every unit
All units are tenant occupied

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Updated: Aug 16, 2025

Duplex Ranch with Detached Garage

10215 S Lake Station Avenue, Lake, MI 48632

$318,900

3,744 sqft 0.72 AC lot

Two‑unit duplex with each unit offering two bedrooms and one bathroom
Full basements for both units and a shared entrance from the backside
Forced‑air natural gas heat plus central air
Deck and deck/patio outdoor features
Large 4‑car detached garage: 24x48

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Two-Unit Ranch Duplex with Central A/C

10203 S Lake Station Avenue, Lake, MI 48632

$315,000

4,496 sqft 0.64 AC lot

Well-maintained two-unit ranch duplex with central heat/air, attached garages, and shared well service.

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Waterfront Multifamily Cabin Property

1249 N CROOKED, Lake, MI 48632

$599,900

3,164 sqft 0.34 AC lot

Four updated cabins share a lakefront setting with private docks, beach area, and on-site parking.

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Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 4 Active listings in Lake, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 1 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.

Ranch Duplex with Storage Sheds

718 & 720 Cooley Street, Mt Pleasant, MI 48858

$210,000

1,820 sqft 0.22 AC lot

Ranch-style residential property with two parking areas, storage sheds, and residential zoning.

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Two-Unit Duplex with Fenced Yard

1504 Lyons Street, Mt Pleasant, MI 48858

$114,900

1,440 sqft 0.14 AC lot

Two-story layout places one two-bedroom, one-bath residence on each level.

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Leased Duplex with Storage Sheds

718 & 720 Cooley St, Mount Pleasant, MI 48858

$210,000

Built in 1980, the property offers two residential units alongside parking and exterior storage.

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West Side Duplex For Sale

1504 Lyons St, Mount Pleasant, MI 48858

$114,900

0.14 AC lot

Two-story duplex in Mt. Pleasant with tenant-paid utilities.

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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.

Private Camping Lot with Electrical Hookups

4537 Pine Run Road, Farwell, MI 48622

$41,500

0.75 AC lot

Recreation lot in a private gated association with multiple 30 AMP electrical and septic hookups for camper-ready use.

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Lake, MI Multifamily Properties Market Trends and Statistics

Explore 4 multifamily properties for sale in Lake, MI, showcased through 4 active listings on our real estate platform. These investment opportunities span a total of 19,532 square feet of properties for sale, with an estimated market value of $1,752,800.

Sale prices for multifamily properties in Lake, MI start at $315,000, averaging $438,200, and reaching up to $599,900 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

Neighborhood	Average Price
Muskegon - 49442	$102.9K
Lake - 48632	$438.2K

Neighborhood

Average Price

Muskegon - 49442

$102.9K

Lake - 48632

$438.2K