BEDS0
BATHS
MLS#26007850
STATUSActive Backup
PROPERTY TYPEMulti Unit - Multiple
SCHOOLBear Lake
Property Description
Charming Bear Lake duplex with solid income potential! This cute, clean property features two well-kept 2-bedroom, 1-bath units, each with its own garage and laundry. Currently bringing in $1,800 per month total ($900 per unit), its a great opportunity for an investor or owner-occupant looking for steady cash flow in a desirable lakeside community. Tidy, functional, and easy to love ? this is a smart addition to any portfolio.Property functions on private well and septic with natural gas furnace for each unit. Both units have individual gas and electric meters to keep utilities separate. Great location only short walk to Bear Lake and many of the towns conveniences; Bear Lake School, Library and Post Office. Purchase as your primary and use the income from other unit as your own to finance or make easy conversion to 4 bedroom home for your future living needs.
Property Features
Property Type: Multi Unit - Multiple
Basement: Crawl Space
Cooling: None
Heating: Forced Air
Lot Size: 0.67 Acres
Roof Type: Metal
Taxes: $2,130
Year Built: 1992
Feature Descriptions
Days on Site: 11
Exterior: Vinyl Siding
Laundry: Electric Dryer Hookup, Gas Dryer Hookup
Lot: Recreational
Lot Dimensions: 140x 261/130
Owner Pays: None
Parcel Number: 02-641-734-30
Parking: Asphalt, Driveway
Parking Total: 4
Road Surface: Paved
Sewer: Septic Tank
Sub Type: 2 to 4 Units
Tenant Pays: Electric, Trash, Gas
Units: 2
Utilities: Phone Connected, Natural Gas Connected, Electricity Connected
Water: Well
Local Schools
School District: Bear Lake
Listed By / Shown By
Listed By
Agency Name: Essential Real Estate
Agent Name: Jenna Mahoney
Shown By
Agency Title: Key Realty
Agency Phone: 877-539-7589
 | The property comes from the Member MLS's of the Michigan Regional Information Center, LLC (MichRIC). Copyright 2026 Michigan Regional Information Center, LLC (MichRIC). All rights reserved. Information deemed reliable, but not guaranteed. Data Last Updated 03/15/2026. |
Estimate Your Payment
Estimated Payment
$ 1,560.56 per month $1,314.52 Principal & Interest $177.50 Property Tax $68.54 Homeowner's Insurance
12218 7th Street | MLS# 26007850
This multi-family property located at 12218 7th Street, Bear Lake, MI 49614 is currently listed for sale with an asking price of $235,000. 7th Street is located within the Bear Lake school district. Search Bear Lake real estate on www.ikeyrealty.com today.