$10,000 Closing Credit¹
#1929034, Jake Bishop, Listing Office: REMAX Of Elk Rapids
$424,900 List price
8031 Chapman Rd Alden, MI 49612
$5,046
Closing credit¹
2 baths
1,770 sqft
1.9 acres
$240 / sqft
House
Property details
About 8031 Chapman Rd
Versatile and income-producing, this unique property offers two rental units plus a large storage facility—all just ¾ mile from Torch Lake public access and 2.5 miles from downtown Alden. The single-story building features a 3,720 sq. ft. storage space at its center, capable of housing 16-18 vehicles, boats, or trailers. On either end of the building are two separate living units: North Unit (Owner-Occupied): 2 beds, 1 bath, attached one-car garage South Unit (Tenant-Occupied): 1 bed, 1 bath, updated kitchen, hardwood floors, gas fireplace, washer/dryer hookups, and a back deck. Each unit has its own septic system, propane tank, and separate utilities, with a shared well serving both. The property also features a newer metal roof for added durability. Whether you're looking for a primary residence with rental income, an investment property, or a storage business opportunity, this location offers flexibility in one of Northern Michigan’s most desirable areas.
Highlights
HeatingBaseboard, Wall Furnace
StatusActive
Size1,770 sqft
Lot size1.87 Acres
Year built1988
ParkingAttached, Door Opener, Concrete Floors
MLS #1931364
Attached garageYes
FireplaceFireplace, Gas
Virtual tour
Summary
- Appliances: Refrigerator, Oven/Range, Washer, Dryer, Ceiling Fan(s)
- Interior: Mud Room, Workshop, Other
- Fireplace: Fireplace, Gas
- Attached Garage: Yes
- Parking: Attached, Door Opener, Concrete Floors
- Waterfront: None
- Exterior: Deck,Sidewalk,Countryside View,Landscaped, Vinyl Siding
- Architectural Style: Ranch, 1 Story
- Heating: Baseboard, Wall Furnace
- List Price: $424,900
- Price/SqFt: $240
- Annual Tax Amount: $1,952
- Tax Year: 2023
- Directions: Chapman Road is located south of Clam Lake and runs north and south, between SE Torch Lake Drive and Alden Highway. This property is located at the corner of Paige Road and Chapman.
- Year Built: 1988
- Living Area: 1,770 SqFt
- Lot Size: 1.87 Acres
- MLS Number: 1931364
- MLS Name: TAAR
- Office Name: REMAX Bayshore - W Bay Shore Dr TC
- Office Phone: (231) 941-4500
- Office Email: hello@brickcorbett.com
- Listing Agent: Jacob Elsenheimer
Copyright © 2025 Northern Great Lakes REALTORS® MLS™ All Rights Reserved. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/3/2025, 12:20:50 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$424,900
8031 Chapman Rd
$5,046
closing credit¹
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Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $125,000 | $1,952 |
| 2022 | $78,000 | $1,952 |
| 2021 | $72,500 | $1,952 |
| 2020 | $71,500 | $570 |
| 2019 | $69,300 | $570 |
| 2018 | $66,900 | $1,897 |
| 2017 | $66,000 | $1,860 |
History based on county public records data.
Nearby schools
5
John R Rodger Elementary School
Public District KG-5
5.1 mi
•6535 John R Rodgers Rd
6
Rapid City Elementary School
Public District PK-5
5.7 mi
•5258 River Road
7
Lakeland Elementary School
Public District PK-5
6.2 mi
•616 Buckley 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 $49,722. The majority of Alden, MI residents have income between $35k-100k annually. The majority of families are married, no kids. Typical level of education for residents in this area is post secondary degree.
How much money do the neighbors make?
31%
<35k
52%
35k-100k
15%
100k-200k
2%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
34%
Single, No Kids
8%
Single, with Kids
44%
Married, No Kids
14%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
11%
<11 yrs old
6%
12-17 yrs old
10%
18-34 yrs old
47%
35-64 yrs old
26%
65+ yrs old
What do the neighbors do for fun?
Figure Skating
Hunting
NASCAR
Where do the neighbors shop?
Dollar General
Dillards
Wal-Mart
Where do the neighbors go to eat?
Applebees
Cracker Barrel
Hardee's
What do the neighbors drive?
Cadillac
Ram
GMC
What do the neighbors listen to?
Classic Country
News/Talk/Information
New Country
All data provided by Home Junction and Claritas
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Frequently asked questions
About 8031 Chapman Rd
The listing price of 8031 Chapman Rd property is $424,900.
The property 8031 Chapman Rd is a house located in Alden, Michigan, 49612.
Active Listing: 8031 Chapman Rd is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 8031 Chapman Rd are: John R Rodger Elementary School (GreatSchools Rating 5/10), Rapid City Elementary School (GreatSchools Rating 6/10), Lakeland Elementary School (GreatSchools Rating 7/10), Cherryland Middle School (GreatSchools Rating 7/10), Kalkaska Middle School (GreatSchools Rating 4/10), Woodland School (GreatSchools Rating 8/10), Bellaire Middlehigh School (GreatSchools Rating 7/10), Elk Rapids High School (GreatSchools Rating 9/10), Sunrise Academy (GreatSchools Rating 3/10).
According to the records, the last property tax for 2023 is $1,952 (source: MLS/based on county public records data).
The property at 8031 Chapman Rd has 2 bathrooms.
The property 8031 Chapman Rd is 1,770 SqFt (source: MLS/tax record).
The year of construction for 8031 Chapman Rd is 1988.
This home is located at 8031 Chapman Rd in Alden, MI and zip code 49612. This 1,770 square foot home, which was built in 1988, sits on a 1.87 acre lot. Features: 2 bathrooms. It has been listed on Rocket Homes since March 11, 2025 and is currently priced at $424,900.
In April 2025 in Alden, MI there were 66.7% more homes for sale than in March. The median list price of listings available in April 2025 was $599,900, while the average time on the real estate market was 78 days.
From Rocket Homes Real Estate and based on county public records data.