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    Lake, MI
    Short Term Rental

    Lake, MI Short Term Rental Properties for Sale

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    Farwell, MI Clare, MI Harrison, MI Sears, MI Lake George, MI Weidman, MI Evart, MI Barryton, MI
    Four-Cabin Waterfront Multifamily Property
    Updated: Mar 23, 2025
    Four-Cabin Waterfront Multifamily Property

    1249 N CROOKED, Lake, MI 48632

    $599,900
    3,164 sqft 0.34 AC lot
    Four cabins totaling 3,164 square feet
    109 feet of waterfront on all‑sports Crooked Lake
    9 bedrooms and 4 bathrooms
    Recent updates to roofs, bathrooms, and seawall
    Two docks, sandy beach area, and vinyl seawall
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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 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.

    Short-Term Rental Property With Shop
    Short-Term Rental Property With Shop

    5783 W Houghton Lake Drive, Houghton Lake, MI 48629

    $799,900
    6,750 sqft 0.67 AC lot

    Residential property with a large accessory shop, rooftop deck, multiple en suites, and commercial/residential zoning.

    View details
    Victorian Triplex
    Victorian Triplex

    118 E State Street, Fife Lake, MI 49633

    $309,900
    3,216 sqft 0.11 AC lot

    Three rental units overlook Fife Lake, with a deck, porch, and patio adding outdoor space.

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    Historic Triplex With Lake Views
    Historic Triplex With Lake Views

    118 E State St, Fife Lake, MI 49633

    $309,900
    3,216 sqft

    Built in 1886, this triplex has three rental units and an expansive deck overlooking Fife Lake.

    View details
    Lakefront Resort with Sandy Beach
    Lakefront Resort with Sandy Beach

    5358 W Houghton Lake Dr, Houghton Lake, MI 48629

    $700,000

    Hospitality property with multiple guest accommodations, private lake access, docks, and recreational equipment.

    View details

    Lake, MI Short Term Rental Properties Market Trends and Statistics

    Explore 1 short term rental properties for sale in Lake, MI on our real estate platform. These investment opportunities span a total of 3,164 square feet of properties for sale, with an estimated market value of $599,900.

    Sale prices for short term rental properties in Lake, MI average $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.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Duplexes 4
    Short term rental properties 1

    Demographics Overview

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

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    48632 $599.9K

    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%

    Listings Trend

    New vs delisted commercial listings in Clare County

    New Delisted

    Total CRE Inventory on Market (SF)

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