3282 N 7 Mile Rd Lake City, MI 49651
Property details
About 3282 N 7 Mile Rd
Handyman Special - Flip, Rent, or Renovate! Incredible value in this solid 3-bedroom block home sitting on a concrete pad on a quiet half-acre just minutes from Lake City. This property is priced to sell at only $49,900 and offers a rare opportunity for investors, flippers, or anyone looking for affordable housing with major upside potential. Inside, youll find a spacious layout with a large living room, a big dining area, a galley-style kitchen, and a 3/4 bath. The home is dated but clean, with no signs of water damage on the ceilings despite needing a new roof. A front porch damaged by a tree and a back porch both need removal - but the bones are solid, and the interior has been well taken care of. The electricity has been on and maintained for the last 5 years even though it wasn't lived in. The 25x25 two-car garage is a huge bonus, featuring a 15x15 work area, a 9x30 lean-to addition, 2 working garage door openers, and 2 ventless propane heaters. Home is heated with propane wall furnaces. Wood fireplace with the Heatilator system. Appliances and contents included, and the property is being sold as-is. Do not just drive by - this property must be walked to be appreciated. Whether you're looking to flip, rent, or just make it your own, this is the kind of diamond in the rough that doesnt come around often.
Highlights
Summary
- Full Bathrooms: 1
- Appliances: Freezer, Oven, Refrigerator, Range
- Basement: No
- Total Bedroom Count: 3
- Garage Space: 2 spaces
- Attached Garage: Yes
- Parking: Two Car Garage, Attached, Garage, Garage Door Opener
- Architectural Style: Ranch
- Heating: Forced Air, Propane, Wall Furnace, Wood
- Cooling: Exhaust Fan
- List Price: $49,900
- Price/SqFt: $41
- Lot: Cleared
- Year Built: 1966
- Living Area: 1,200 SqFt
- Lot Size: 0.45 Acres
- MLS Number: 78080059677
- MLS Name: Aspire North REALTORS
- Office Name: City2Shore Real Estate Northern Michigan
- Office Phone: (231) 839-0077
- Listing Agent: Darby Schaub
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Price information
Property sales
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Tax history
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Nearby schools
6
Lake City Elementary School
Public District KG-5
7.3 mi
•5534 W Davis Rd
7
McBain Elementary School
Public District PK-5
14.5 mi
•107 E Maple St
7
Manton Consolidated Elementary School
Public District PK-4
15.9 mi
•105 5th St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $41,500. Most Lake City, MI residents have annual incomes between $35k-100k. Residents typically live in single, no kids family. Most residents in this area have high school diploma education.
Frequently asked questions
About 3282 N 7 Mile Rd
The listing price of 3282 N 7 Mile Rd property is $49,900.
The property 3282 N 7 Mile Rd is a house located in Lake City, Michigan, 49651.
Active Listing: 3282 N 7 Mile Rd is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 3282 N 7 Mile Rd are: Lake City Elementary School (GreatSchools Rating 6/10), McBain Elementary School (GreatSchools Rating 7/10), Manton Consolidated Elementary School (GreatSchools Rating 7/10), Lake City Middle School (GreatSchools Rating 6/10), McBain Middle School (GreatSchools Rating 6/10), Manton Consolidated Middle School (GreatSchools Rating 7/10), Lake City High School (GreatSchools Rating 5/10), Houghton Lake Community Education (GreatSchools Rating 2/10), McBain High School (GreatSchools Rating 8/10).
The property at 3282 N 7 Mile Rd has 3 bedrooms and 1 bathroom.
The property 3282 N 7 Mile Rd is 1,200 SqFt (source: MLS/tax record).
The year of construction for 3282 N 7 Mile Rd is 1966.
This home is located at 3282 N 7 Mile Rd in Lake City, MI and zip code 49651. This 1,200 square foot home, which was built in 1966, sits on a 0.45 acre lot. Features: 3 bedrooms, 1 bathroom. It has been listed on Rocket Homes since July 16, 2025 and is currently priced at $49,900.
In June 2025 more than 6 listings in Lake City, MI were sold above the asking price. During the same period more than 4 listings were sold at asking price, while more than 6 were sold below. The number of listings in Lake City, MI increased by 12.2% between May and June 2025. The median list price of listings available in June 2025 was $239,500, while the average time on the real estate market was 43 days.