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Lake, MI Residential Income Properties for Sale

8 results
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New
New Barndominium Near Gray Lake
$164,900
0.33 Acres

New Barndominium Near Gray Lake

11339 Alpine Dr, Lake, MI 48632

Newly built barndominium with studio apartment near multiple lakes.

  • Newly constructed in 2024 with new well and septic system.
  • Barndominium with combined living and storage space featuring a 384 sq ft studio apartment and 24x24 storage/workshop area.
  • Studio apartment includes full bathroom, natural gas wall furnace, and on‑demand water heater.
  • Large, fenced‑in backyard.
  • Ample parking space for boats and guests.
Last Update: Dec 13
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Lake, MI Duplex Investment Opportunity
$558,000
8,128 SF

Lake, MI Duplex Investment Opportunity

10195 S Lake Station Ave, Lake, MI 48632

Two well-maintained duplexes near Crooked and Perch Lakes.

  • Two duplex structures, offering potential rental income or multi‑family living.
  • Each unit features 2 bedrooms, 1 full bath, open living/dining/kitchen area, pantry, central heat/air, and attached garage.
  • Located near Crooked Lake and Perch Lake, providing recreational opportunities.
  • Well‑maintained property with blacktop road frontage on Lake Station Avenue.
  • Each structure is serviced by its own well.
Last Update: Nov 3
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Duplex Near Crooked and Perch Lake
$339,000
4,496 SF

Duplex Near Crooked and Perch Lake

Two-unit duplex near lakes, ideal for owner-occupied rental income.
10203 S Lake Station Ave, Lake, MI 48632
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Duplex with Detached Four-Car Garage
$339,000
3,744 SF

Duplex with Detached Four-Car Garage

Duplex near multiple lakes with a detached four-car garage.
10215 S Lake Station Ave, Lake, MI 48632
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Waterfront Property with Four Cabins
$699,000
3,164 SF

Waterfront Property with Four Cabins

Unique waterfront property featuring four updated cabins on Crooked Lake.
1249 N Crooked Lake Dr, Lake, MI 48632
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Muskegon Duplex Investment Opportunity
$109,900

Muskegon Duplex Investment Opportunity

Duplex in Muskegon with strong rental demand and separate utilities.
1776 Mcilwrath St, Lake, MI 49442
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Oakridge Area Duplex on Large Lot
$204,900

Oakridge Area Duplex on Large Lot

Duplex with separate utilities, newer roof, and two-stall garage.
5638 Ln Ave, Lake, MI 49442
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Remodeled Home in Apple Carr
$59,900

Remodeled Home in Apple Carr

Updated 3-bedroom home in a pet-friendly community with amenities.
796 Strawberry Ln, Lake, MI 49442
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Based on your search, we've compiled 15 Potential Opportunities for your consideration. Besides 8 Active listings in Lake, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 3 Land Listings that present a potential for development.

Explore Opportunities in Nearby Cities

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

Big Rapids Duplex Investment Opportunity
$279,000
1.30 Acres

Big Rapids Duplex Investment Opportunity

Duplex near Ferris State University with income potential.
10765 Northland Dr, Big Rapids, MI 49307
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Acreage with Rental Income Potential
$155,000
2,385 SF

Acreage with Rental Income Potential

3 acres with multiple rental units near Rogers Dam Pond.
20122 Hayes Rd, Big Rapids, MI 49307
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Scenic Country Home on Acreage
$259,900
1,800 SF

Scenic Country Home on Acreage

3-bed, 2-bath home on 6 acres with outbuildings.
6831 190Th Ave, Stanwood, MI 49346
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Scenic Acreage with Farm Potential
$259,900
1,800 SF

Scenic Acreage with Farm Potential

Three-bedroom home on six acres, ideal for hobby farming.
6831 190Th Ave, Stanwood, MI 49346
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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.

Spacious Lots Near Crooked Lake
$75,000
1.70 Acres

Spacious Lots Near Crooked Lake

Five lots near Crooked Lake, ideal for building.
26-30 Willow St, Lake, MI 48632
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Residential Land Near Crooked Lake
$75,000
1.70 Acres

Residential Land Near Crooked Lake

Five residential lots near Crooked Lake, suitable for building.
26-30 Willow St, Lake, MI 48632
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10 Acres Hunting Land Near Lake
$69,900
Pending

10 Acres Hunting Land Near Lake

10 acre vacant land with well and septic near Lake George.
2167 Strawberry Ave, Lake, MI 48632
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Lake, MI Residential Income Properties Investment Opportunities Market Analysis

Explore 8 residential income properties for sale in Lake, MI, showcased through 8 active listings on our real estate platform. These investment opportunities span a total of 128,502 square feet of properties for sale, with an estimated market value of $1,935,000.

Prices for residential income properties in Lake, MI start at $339,000, averaging $483,750, and reaching up to $699,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you have the most current data.

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