$379,900

522 W Union St Lake City, MI 49651

$4,511
Closing credit¹
1,768 sqft
0.6 acres
$215 / sqft
Multi-Family

Property details

About 522 W Union St

Income-Producing Duplex Near Downtown Lake City & Lake Missaukee! Welcome to 522 West Union St., a spacious and well-maintained duplex in the heart of Lake City. Built in 1988 and updated in 2018, this exceptional investment property offers 5,244 sq. ft. of finished living space across two attached unitsâ€"each featuring three bedrooms, two bathrooms, and an attached garage. Both units are currently leased to long-term tenants, generating $2,000/month and $1,400/month, making this a solid income-producing opportunity. Located just moments from the local school, downtown amenities, and scenic Lake Missaukee, this property offers convenience, space, and strong rental potential. Whether you’re expanding your investment portfolio or seeking a multi-family living opportunity, this duplex is a must-see!

Highlights

Home typeMulti Family
HeatingForced Air, Natural Gas
StatusAccepting Backup Offers
CoolingCeiling Fan(s), Exhaust Fan
Size1,768 sqft
Lot size0.61 Acres
Year built1988
ParkingAttached, Garage
MLS #78080054886

Summary

  • MLS Number: 78080054886
  • MLS Name: Aspire North REALTORS
  • Office Name: City2Shore Real Estate Northern Michigan
  • Office Phone: (231) 839-0077
  • Listing Agent: Jenni Johnson

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IDX provided courtesy of Realcomp II Ltd. Copyright © 2025 Realcomp II Ltd. Shareholders. All rights reserved. Originating MLS shown with each listing detail.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/15/2025, 2:20:51 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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view of property exterior at dusk

$379,900

522 W Union St

$4,511

closing credit¹

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0.5% sale price²

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

0.1 mi

5534 W Davis Rd

7

McBain Elementary School

Public District PK-5

9.4 mi

107 E Maple St

7

Franklin Elementary School

Public District PK-5

10.5 mi

505 Lester St

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $41,190. Residents of Lake City, MI typically earn between $35k-100k each year. Residents typically live in single, no kids family. Residents of this area typically have post secondary degree education.

How much money do the neighbors make?

44%
<35k
46%
35k-100k
10%
100k-200k
0%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

42%
Single, No Kids
11%
Single, with Kids
34%
Married, No Kids
13%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

13%
<11 yrs old
9%
12-17 yrs old
19%
18-34 yrs old
38%
35-64 yrs old
21%
65+ yrs old

What do the neighbors do for fun?

  • NASCARNASCAR
  • HuntingHunting
  • Monster TrucksMonster Trucks

Where do the neighbors shop?

  • Dollar GeneralDollar General
  • Wal-MartWal-Mart
  • Bass Pro ShopsBass Pro Shops

Where do the neighbors go to eat?

  • Hardee'sHardee's
  • Jimmy JohnsJimmy Johns
  • ApplebeesApplebees

What do the neighbors drive?

  • GMCGMC
  • RamRam
  • ChevroletChevrolet

What do the neighbors listen to?

  • Classic CountryClassic Country
  • CountryCountry
  • New CountryNew Country
All data provided by Home Junction and Claritas

This home is located at 522 W Union St in Lake City, MI and zip code 49651. This 1,768 square foot home, which was built in 1988, sits on a 0.61 acre lot. Features: 0 bathroom. It has been listed on Rocket Homes since March 17, 2025 and is currently priced at $379,900.

In March 2025, from all listings sold in Lake City, MI there were more than 1 sold above asking price, over 8 sold below and more than 1 were sold right at the asked price. The number of homes for sale in Lake City, MI increased by 3.6% between February and March 2025. While the average time on the market in March 2025 was 109 days, the median list price was $234,900.

From Rocket Homes Real Estate and based on county public records data.

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