12218 7th Street

Bear Lake MI 49614

0.67 ac.

Multi-Family

Last sold for $235,000

Jenna Mahoney, last sold this property on 15 April 2026 after 685 days on market.

Overview

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.

Features

0.67 ac. lot size

Multi-Family

Estimated Value

We need at least 3 similar multi families sold in Bear Lake over the last 12 months.

Property history for 12218 7th Street

2026

Sold

$235,000

15 Apr 2026 by Jenna Mahoney, of Essential Real Estate

Happy sellers in Bear Lake

We have insufficient information to provide an overview of customer satisfaction for Bear Lake. Viewing the agent profiles, reviews and sales for Bear Lake can provide insights for this location.