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Listed price in listed location currency (USD).
$395,000

000

MLS® 78080069671

Overview

Key Facts

Type Multi Family
Levels Residential Income
Size -
Garage 
Taxes 
Days Active 42
Lot Size 0.11 Acres
Approx. Age 1890
MLS® Number 78080069671

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

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

Description

Built in 1886 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 $133, 000 per unit, opportunities like this are becoming increasingly difficult to find. This is not a turnkey property, but for buyers willing to roll up their sleeves, it offers a remarkable view, easy access to the lake, and the chance to create significant value through vision, patience, and effort. The neighboring property may also be available. Ask for details.
MLS® Number78080069671
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1890
Basement
Driveway
Garage Spaces
HeatBaseboard, Hot Water, Natural Gas, Other Heating Source
A/CCeiling Fans, Exhaust Fan, Other

Extras

Price History

Last Sold Price

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Appreciation

--

Avg. Days Listed

42 days

Today, For Sale for $395,000

1946582-8c659bd7-5028-4f7d-8fb2-d9d3da2b48c8.JPG
For Sale · 42 days

$395,000

MLS® 78080069671

A month ago

Not Sold Yet

June 2026, For Sale for $395,000

For Sale · 42 days

$395,000

MLS® 1946582

A month ago

Not Sold Yet

  • Jun 15, 2026, For Sale for $395,000

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