12218 7th Street Bear Lake, MI $ 235,000
12218 7th Street
$ 235,000
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12218 7th Street

Bear Lake, MI, 49614
$ 235,000
Baths0.0

Monthly Estimate*

$ 1,447

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Studio

Multi-Family Home for sale in Bear Lake, MI

for $235,000. This home was built in 1992 on a lot size of 0.67.

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), it's 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 town's 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.

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Multi-Family Active

Price

$ 235,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 2,130

Style

Lot Size

0.67

Year Built

1992

Town/City

Bear Lake

County/Region

Manistee

MLS | Web ID

70517531

Features
General
Heating Forced Air
Cooling None
Garage Additional Garage(s)
Status Active Active
Year Built 1992
County Manistee
Class MULTIFAMILY
Type Multi-Family
Municipality Bear Lake Twp
Subdivision MI
Sale/Rent For Sale
Status Detail 0
Area Bear Lake Twp (51002)
Primary City Bear Lake
City Bear Lake
School District Bear Lake School District
Financial Terms Cash Conventional FHA Rural Development VA
Legal Description WILDWOOD LOTS 5 7 & 8 & N 26 FT OF LOTS 9 & 10 BLOCK 19. SALE(76) 3344 0770 (93) 20 1584 0318 5 1584 0319 (96) 3631 0051 (98) 3683 0039 (00) 800 4741 0163 (02) 3785 0055 (09) QC 2009R005108
DOM 4
Postal Code 49614
Public Remarks 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
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Exterior
Exterior Vinyl Siding
Frontage 140
Lot Size Area 0.67
Lot Dimensions 140x 261/130
Roads City/County Paved Street
Waterfront Y/N No
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Interior
Total Number of Units 2
Fuel Type Natural Gas
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* Excluded Features
List By
Jenna Mahoney

Listing Agent

Essential Real Estate

Broker

jennasellsmichigan@gmail.com

Email

Affordability Calculator

$1,624
Per Month
89%
11%
0%
Monthly Principal & Interest
$1,447
Monthly Property Taxes
$178
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
3952881 Elementary School
3952877 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
3/3/2026$235,000 Listed Price

Map


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12218 7th Street, Bear Lake, MI, 49614 is a Multi-Family Home for sale at $235,000 with a lot size of 0.67. 12218 7th Street is a studio with 0.0 baths and was built in 1992. The property's zip code is 49614 which is in Bear Lake, MI