Listed price in listed location currency (USD).
$309,900

030

MLS® 1946582

  • Key Facts
  • Description
  • Map

Key Facts

Type Multi Family
Levels Residential Income
Size 3216 sqft
Garage 
Taxes 
Days Active 120
Lot Size 0.11 Acres
Approx. Age 1890
Avg. Price Per Sqft $96
MLS® Number 1946582

Property Address: 118 E State St, Fife Lake, MI, 49633-5108

Average square foot calculated using Size range provided by listing agent.

Description

SELLER IS MOTIVATED! Overlooking Fife Lake, this historic triplex offers lake views, income potential, and the opportunity to create something special. The expansive deck provides year-round views of Fife Lake, a popular Northern Michigan all-sports lake known for boating, fishing, and year-round recreation. It is the kind of setting that keeps visitors coming back season after season and tenants happy with their living arrangements. Currently configured as three rental units, the property offers flexibility for investors, seasonal rental operators, or buyers looking to restore a piece of local history. Originally constructed as a mercantile building before evolving into a residence and later a triplex, the property has been adapted to changing needs for nearly 140 years and is ready for the next chapter. With current rental rates below market and all three units offering seasonal rental potential, there are multiple paths to increasing value. Whether your goal is short-term rentals, long-term income, or a thoughtful restoration, the opportunity is clear. At less than $110, 000 per unit, opportunities like this are becoming increasingly difficult to find. The property is a bargain in current condition so bring me your offers! The neighboring property is available as well- 116 E State St combined these 2 properties present an opportunity that is hard to beat!
MLS® Number1946582
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1890
BasementMichigan Basement
DrivewayAssigned, Paved, Alley Access, None, RV Access/Parking
Garage Spaces
HeatHot Water, Baseboard, Fireplace(s), Natural Gas
A/C

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Jun 15, 2026List Date
$309,900List Price
-End Date
Not Sold YetSold Price

For Sale

Jun 15, 2026List Date
$309,900List Price
  • Commute

Commute

Starting Address
Destination Address
118 E State St, Fife Lake, MI

Like what you see?

Complete the form and we'll be in touch. No login necessary.

Add a Comment
Loading...

Similar Listings

Comparable Properties