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7378 Chief Road Bear Lake, MI $ 389,900
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7378 Chief Road
$ 389,900
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7378 Chief Road

Bear Lake, MI, 49614
$ 389,900
Baths0.0

Monthly Estimate*

$ 2,462

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Studio

Multi-Family Home for sale in Bear Lake, MI

for $389,900. This home was built in 1900 on a lot size of 1.72.

Discover this multi-unit investment property in Bear Lake, Michigan, featuring a substantial lot spanning nearly 75,000 square feet. This 2 to 4 unit property presents an excellent opportunity for investors seeking to diversify their real estate portfolio with multiple revenue streams. The generous land size provides flexibility for future development or expansion considerations. Positioned in the Bear Lake area, this property offers potential for long-term appreciation and sustained income generation. Whether you're an experienced investor or expanding your holdings, this multi-unit offering warrants serious consideration.

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Multi-Family Active

Price

$ 389,900

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 2,555

Style

2 to 4 Units

Lot Size

1.72

Year Built

1900

Town/City

Bear Lake

County/Region

Manistee

MLS | Web ID

26034564
Features
General
Sewer Septic Tank
Heating Forced Air Hot Water
Cooling None
Utilities Electricity Available Natural Gas Connected Electricity Connected
Possession Subject To Tenant Rights
Roof Other Composition Rubber
Construction Materials Block Wood Siding Other
Year Built 1900
Tenant Pays Electric Trash Gas
Township Bear Lake Twp
Property Subtype 2 to 4 Units
Tax Year 2025
Ownership Private Owned
Accessibility Covered Entrance
County Manistee
New Construction N
Property Type Multi Family
Attached Garage N
Status Active
Directions IS 31 To 8 Mile East to Chief South to home.
City Bear Lake
High School District Onekama
Zoning Description Residential
Number Of Units Total 3
Lot Size Units Acres
Lot Size Square Feet 74923.0
Listing Terms Cash Conventional
Land Lease Y/N N
Tax Annual Amount 2555.0
Lease Renewal Y/N N
Additional Parcels Y/N N
Rent Control Y/N N
Standard Status Active
Occupancy Type Tenant
Tax Assessed Value 53512
Legal Description PT NE 1/4 OF SE 1/4 LYING N OF M + NE RR R/W COM 280 FT N OF N RAIL RR ALG E LI OF SD 1/4 W PARA WITH RR R/W 300 FT S TO N RR R/W E ALG N RR R/W TO E LI OF SD 1/4 N TO POB. SEC 34 T23N R15W. 1.72 A*M
Senior Community None
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Interior
Basement Crawl Space Michigan Basement
Basement (Y/N) Y
Air Conditioning Y/N N
Heating Y/N Y
Laundry Features Main Level
Total Baths 0
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Exterior
Parking Features Driveway Gravel Unpaved
Lot Features Level
Water Source Private Water
Total Parking 6.0
Lot Size Area 1.72
Number of Buildings 1
Spa N
Lot Dimensions 150x308
Lot Size Acres 1.72
Road Surface Type Paved
Waterfront Y/N N
Crops Included Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Internal Only
Street Number 1 7378
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* Excluded Features
List By
Coldwell Banker Alm Realty

Broker

brenda@cbalm.com

Email

Affordability Calculator

$2,675
Per Month
92%
8%
0%
Monthly Principal & Interest
$2,462
Monthly Property Taxes
$213
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% 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
250741 Elementary School
250868 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
7/8/2026$389,900 Listed Price

Map

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7378 Chief Road, Bear Lake, MI, 49614 is a Multi-Family Home for sale at $389,900 with a lot size of 1.72. 7378 Chief Road is a studio with 0.0 baths and was built in 1900. The property's zip code is 49614 which is in Bear Lake, MI

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