For Sale
Multi family home for sale at 118 E State St, Fife Lake, MI 49633 | MLS# 78080069671 | Listing updated on 2026-10-08
Photo 1 of Multi family home for sale at 118 E State St, Fife Lake, MI 49633 | MLS# 78080069671 | Listing updated on 2026-10-08
Photo 2 of Multi family home for sale at 118 E State St, Fife Lake, MI 49633 | MLS# 78080069671 | Listing updated on 2026-10-08
Photo 3 of Multi family home for sale at 118 E State St, Fife Lake, MI 49633 | MLS# 78080069671 | Listing updated on 2026-10-08
Photo 4 of Multi family home for sale at 118 E State St, Fife Lake, MI 49633 | MLS# 78080069671 | Listing updated on 2026-10-08
23+
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Street View

$309,900

Monthly Est:$1,542

  • Beds Icon-- Bed
  • Beds Icon
    -- Bath
  • Beds Icon--sqft

118 E State St, Fife Lake, MI 49633

$1,542/moEst:

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  • Multi Family

  • Built in 1890

  • $-- HOA

  • 4,791.6 sqft lot

  • --/sqft

Description

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!

  • Houzeo last checked: 1 hour ago
  • Listing updated: October 8, 2026 at 2:23 pm
  • Listing Provided by: Carole L Higgins (231) 633-2577 | Cygnus Real Estate (231) 994-3225
  • Source: Realcomp MLS-MI | MLS#: 78080069671 Realcomp MLS-MI
  • Originating MLS: Aspire North REALTORS

Part of

Building
118 E State St
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Property Details

  • Status

    Active

  • Type

    Multi Family

  • No. of Stories

    -

  • County

    Grand Traverse County

  • City

    Fife Lake

  • Neighborhood

    --

  • Year Built

    1890

  • HOA Fees

    -

  • Finished Area

    - sqft

  • Lot Size

    4,791.6 sqft lot

  • Basement Area

    - sqft

  • MLS Name

    Realcomp MLS

  • MLS Number

    78080069671

  • MLS Status

    Active

  • Days on Market

    118

  • Cumulative Days on Market

    115

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Location

Facts & Features

Rooms

  • Bedrooms & bathrooms

    Bedroom: --

    Bathroom: --

Interior

  • Sewer

    Public Sewer

  • Appliances

    Dishwasher, Dryer, Oven, Refrigerator, Range, Washer

  • Heating

    Baseboard, Hot Water, Natural Gas, Other Heating Source

  • Cooling

    Ceiling Fans, Exhaust Fan, Other

Construction

  • Year Built

    Year Built: 1890

  • Home type

    Multi Family

  • Architectural Style

    Victorian

  • Construction Materials

    Other

  • Foundation Details

    Michigan Basement, Slab

Utilities & Energy

  • Water Source

    Well

Other Features

  • Lot Features

    Water View

  • Subdivision Name

    Village Of Fife Lake

  • Patio And Porch Features

    Deck, Patio, Porch

Price History

DateEventPrice

10/05/2026

Source: mls_logoMiRealSource MLS-MI #80069671

Price Decreased

$309,900 -13.89%

$0/sqft

09/28/2026

Source: mls_logoMiRealSource MLS-MI #80069671

Price Decreased

$359,900 -4.00%

$0/sqft

08/26/2026

Source: mls_logoMiRealSource MLS-MI #80069671

Price Decreased

$374,900 -4.85%

$0/sqft

07/30/2026

Source: mls_logoMiRealSource MLS-MI #80069671

Price Decreased

$394,000 -0.25%

$0/sqft

06/15/2026

Source: mls_logoMiRealSource MLS-MI #80069671

Listed for Sale

$395,000

$0/sqft

Based on information from the Board/Association of REALTORS® (alternatively, from the Realcomp II Ltd. MLS) through Oct 12, 2026, 05:15AM. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified. IDX provided courtesy of Realcomp II Ltd. via Andover Real Estate & Houzeo, Copyright 2026 Realcomp II Ltd. Shareholders Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited. IDX information is provided exclusively for consumers' personal, noncommercial use and 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. Listing Information presented by local MLS brokerage: Andover Real Estate, local REALTOR®- Scott Rubin - (248)206-3666 . Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited. ​© 2024 Realcomp II Ltd. MLS. All Rights Reserved.

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