Lake, MI Residential income properties for sale

Updated: Jun 16, 2025

Ranch Duplexes with Attached Garages

10195 S Lake Station Avenue, Lake, MI 48632

$519,000

8,128 sqft 1.25 AC lot

Two duplex structures with four total residential units
8,128 square feet on 1.25 acres
Each unit includes 2 bedrooms and 1 full bathroom
Attached garage included with every unit
Built in 1999 with ranch‑style construction

View details

Updated: Aug 16, 2025

Ranch Duplex with Detached Garage

10215 S Lake Station Avenue, Lake, MI 48632

$318,900

3,744 sqft 0.72 AC lot

Duplex with 3,744 square feet on 0.72 acres
Each unit includes 2 bedrooms, 1 bathroom, and a full basement
24x48 detached garage with capacity for 4 cars
1994 ranch‑style construction with central air and forced‑air heating
Large decking and shared rear entrance

View details

Four-Cabin Waterfront Multifamily Property

1249 N CROOKED, Lake, MI 48632

$599,900

3,164 sqft 0.34 AC lot

Four updated cabins offer flexible residential income and personal-use possibilities on Crooked Lake.

View details

Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center

Two-Unit Ranch Duplex

10203 S Lake Station Avenue, Lake, MI 48632

$315,000

4,496 sqft 0.64 AC lot

Both residences feature attached garages, central air, and open living, dining, and kitchen areas.

View details

Based on your search, we've compiled 12 Potential Opportunities for your consideration. Besides 4 Active listings in Lake, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 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.

Commercial Land with Existing House

3126 W Remus Road, Mt Pleasant, MI 48858

$159,000

1,000 sqft 1.58 AC lot

A 1.58-acre commercially oriented parcel includes a detached two-car garage and a three-bedroom house plus open land.

View details

Five-Bedroom Income Condo

1825 S Crawford Rd, Mt Pleasant, MI 48858

$85,000

1,552 sqft

Exterior maintenance is handled through condominium dues, and the unit is currently vacant.

View details

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.

View details

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.

View details

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.

Lake-Adjacent Multi-Lot Land Opportunity

Willow Street lot: 26-30, Lake, MI 48632

$75,000

1.70 AC lot

Five buildable lots near public access to Crooked Lake, offering flexible options for a home or recreation build.

View details

High-Visibility Commercial Land Parcel

8568 W Ludington Drive, Lake, MI 48632

$55,000

1.67 AC lot

Mostly cleared lot with partial woods and strong visibility along US-10 near the Pere Marquette State Trail.

View details

Residential Homesite in Platted Subdivision

Stone Pine, Farwell, MI 48622

Contact for pricing

0.68 AC lot

Build-ready residential lot in a platted subdivision, supported by a low monthly HOA.

View details

Residential Building Lot

Wintergreen, Farwell, MI 48622

Contact for pricing

0.31 AC lot

Residential, platted subdivision lot in Clare County with a 0.31-acre size.

View details

Lake, MI Residential Income Properties Market Trends and Statistics

Explore 4 residential income 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 residential income 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