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    Lake, MI Quadplexes for Sale

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    Farwell, MI Clare, MI Sears, MI
    Waterfront Cabins on Crooked Lake
    $649,000
    3,164 SF

    Waterfront Cabins on Crooked Lake

    1249 N CROOKED, Lake, MI 48632

    Four updated cabins on Crooked Lake with 109' frontage.

    • Four updated cabins on one waterfront lot offer flexible use.
    • 109 feet of water frontage on all‑sports Crooked Lake with a vinyl seawall.
    • Recently updated cabins include new roofs and bathrooms.
    • Multiple outbuildings: 3 storage sheds and 2 'she' sheds.
    • Includes desirable amenities: firepit, large barbeque, and sandy beach area.
    Updated: Mar 23, 2025
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    Duplex Near Crooked and Perch Lake
    $519,000
    8,128 SF

    Duplex Near Crooked and Perch Lake

    10195 S Lake Station, Lake, MI 48632

    Two duplexes near Crooked and Perch Lake, each with two units.

    • Two duplex structures offering income potential or multi‑family living.
    • Each unit features 2 bedrooms, 1 full bath, and an open living/dining/kitchen area.
    • Includes central heat/air, attached garage, and pantry for comfortable living.
    • Enjoy recreational opportunities near Crooked Lake and Perch Lake.
    • Well‑maintained property with blacktop road frontage on Lake Station Avenue.
    Updated: Jun 16, 2025
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    Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 2 Active listings in Lake, 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.

    Turnkey Cadillac Investment Property
    $285,000
    2,929 SF

    Turnkey Cadillac Investment Property

    Four-unit property with strong cash flow near Lake Cadillac.

    1102 Chestnut Street, Cadillac, MI 49601
    View details
    Mixed-Use Property with Income Potential
    $440,000
    3.45 Acres

    Mixed-Use Property with Income Potential

    3.45-acre property with residential and commercial rental income.

    Alma, MI 48801
    View details
    Turnkey Cadillac Investment Property
    $285,000
    1,263 SF

    Turnkey Cadillac Investment Property

    Four-unit property with strong cash flow near Lake Cadillac.

    1102 Chestnut St, Cadillac, MI 49601
    View details
    Mixed-Use Property with Rental Income
    $375,000
    2,579 SF

    Mixed-Use Property with Rental Income

    3.45-acre property with residential and commercial rental income.

    5705 N State Road, Alma, MI 48801
    View details

    Lake, MI Quadplexes Investment Opportunities Market Analysis

    Explore 2 quadplexes for sale in Lake, MI on our real estate platform. These investment opportunities span a total of 11,292 square feet of properties for sale, with an estimated market value of $1,168,000.

    Sale prices for four-unit buildings in Lake, MI start at $519,000, averaging $584,000, and reaching up to $649,000 — 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

    Duplexes 4
    Mobile home & RV parks 2
    Quadplexes 2

    Demographics Overview

    Population 4,995
    Population Growth (5Y) -4.8%
    Median Household Income $51,740
    College Educated 18.2%

    High-Yield Neighborhoods for Strategic Investment

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

    Neighborhood Average Price
    48632 $584K

    Taxes & Financing

    Tax Rate (average for all types) 3.50%
    Tax Rate vs County Average 0.85 pp below county avg
    Average Loan-to-Value 65.0%

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