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3 Baths
3,216 sqft

$309,900

118 E State Street, Fife Lake MI, 49633

Price per sqft$96.36
Built in1890
Property size3,216 sqft
Property typeMulti-family
Listed by Carole Higgins with Cygnus Real Estate Listing Contact: 231-633-2577

Overview

Active

Listed Jun 15, 2026

Updated 2 days ago

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!

$2,062/mo

Est. mortgage payment based on a $309,900 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
1946582

Interior Features

Bathrooms
3
Fireplace
Yes
Cooling
Yes
Heating
Yes
Basement
Yes

Exterior Features

Lot Size
0.11 Acres

Other Property Details

Association Fee Frequency
Yearly
View
Yes
MLS provider logo

Listed by Carole Higgins with Cygnus Real Estate
Listing Contact: 231-633-2577 

The IDX display contains information sourced from the Northern Great Lakes REALTORS® MLS as of 10/9/2026. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase. Although the MLS data displayed is typically considered reliable, it is not guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. Any compensation offers are solely made to participants of the MLS where the listing is registered.

©2026 Northern Great Lakes REALTORS® MLS all rights reserved.

Data last updated on 10/9/2026 at 3:08 AM UTC

 

 

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