Income Opportunity in Saranac! This well maintained duplex offers two spacious units-each with 2 bedrooms and 1 full bath-perfect for owner occupants, investors, or multi-generational living. Nestled on over an acre of land, the property provides plenty of space and privacy while still being close to town amenities. Each unit has separate utilities for added convenience and tenant independence. The lower unit is currently occupied on a month to month lease, offering flexibility for new ownership. Whether you are looking to expand your investment portfolio or live in one unit while renting the other, this property delivers options and potential. Don't miss your chance to own this versatile property in a peaceful, rural setting. Schedule your showing today!
Sold
$238,000
5980 Morrison Lake Rd, Saranac, MI 48881
4beds
2baths
1,662sqft
2 to 4 Units
Built in 1900
-- sqft lot
$265,200 Zestimate®
$143/sqft
$1,103 Estimated rent
Home value
$265,200
$212,000 - $332,000
$1,103/mo
Zestimate® history
Owner options
List your home for rent
$1,103/mo
Rent Zestimate®
Find your next renter with Zillow Rental Manager. Plus, with online applications, you can quickly screen prospective tenants – for free.
$1,103/mo
Rent Zestimate®
Refinance and save
$1,603/mo
Est. payment
Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.
$1,603/mo
Est. payment
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Spacious units
Zillow last checked:
Listing updated:
Listed by:
Nicole G Rinks 616-350-5638,
Century 21 Affiliated (GR),
Justin M Rinks 616-350-5643,
Century 21 Affiliated (GR)
Bought with:
Yolanda M Rojas, 6501437294
Success Realty West Michigan
Justin M Rinks, 6501420063
Source: MichRIC,MLS#: 25015526
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
Heating
- Forced Air
Features
- Basement: Slab
Interior area
- Total interior livable area: 1,662 sqft
Property
Parking
- Total spaces: 4
- Parking features: Unpaved
Lot
- Size: 1.35 Acres
- Dimensions: 346 x 225 x 371
- Features: Level, Wooded
Details
- Parcel number: 02001400016500
- Zoning description: None
Construction
Type & style
- Home type: MultiFamily
- Property subtype: 2 to 4 Units
Materials
- Vinyl Siding
Condition
- New construction: No
- Year built: 1900
Utilities & green energy
- Sewer: Septic Tank
- Water: Well
- Utilities for property: Phone Connected, Electricity Connected, Propane
Community & HOA
Location
- Region: Saranac
Financial & listing details
- Price per square foot: $143/sqft
- Tax assessed value: $39,041
- Annual tax amount: $1,880
- Date on market: 4/16/2025
- Listing terms: VA Loan,FHA,Cash,Conventional
- Tenant pays: Electricity, Gas
- Electric utility on property: Yes
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 6/30/2025 | Sold | $238,000-8.1%$143/sqft |
Source:  MichRIC #25015526 Report a problem | ||
| 5/27/2025 | Pending sale | $259,000$156/sqft |
Source: MichRIC #25015526 Report a problem | ||
| 4/16/2025 | Listed for sale | $259,000-5.8%$156/sqft |
Source: MichRIC #25015526 Report a problem | ||
| 3/1/2025 | Listing removed | $275,000$165/sqft |
Source: MichRIC #24045374 Report a problem | ||
| 9/17/2024 | Price change | $275,000-6.8%$165/sqft |
Source: MichRIC #24045374 Report a problem | ||
| 8/29/2024 | Listed for sale | $295,000+251.6%$177/sqft |
Source: MichRIC #24045374 Report a problem | ||
| 5/14/2001 | Sold | $83,900$50/sqft |
Source: Agent Provided Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,972 +4.8% | $73,900 +8.7% |
| 2024 | $1,881 | $68,000 +13% |
| 2023 | -- | $60,200 +21.4% |
| 2022 | -- | $49,600 |
| 2021 | -- | $49,600 +2.5% |
| 2020 | -- | $48,400 +7.6% |
| 2019 | -- | $45,000 +7.7% |
| 2018 | -- | $41,800 |
| 2017 | -- | $41,800 +6.6% |
| 2016 | -- | $39,200 |
| 2015 | -- | $39,200 +14% |
| 2014 | $412 | $34,400 +0.9% |
| 2013 | -- | $34,100 |
| 2012 | -- | $34,100 -8.1% |
| 2011 | -- | $37,100 -4.1% |
| 2010 | -- | $38,700 -9.4% |
| 2009 | -- | $42,700 -5.3% |
| 2008 | -- | $45,100 +0.9% |
| 2007 | -- | $44,700 +1.8% |
| 2006 | -- | $43,900 -10.6% |
| 2005 | -- | $49,111 +13.3% |
| 2004 | -- | $43,333 +17.1% |
| 2003 | -- | $37,000 |
Find assessor info on the county website
Neighborhood: 48881
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Nearby schools
GreatSchools rating
- 7/10Saranac Elementary SchoolGrades: PK-6Distance: 1.7 mi
- 7/10Saranac Jr/Sr High SchoolGrades: 7-12Distance: 1.7 mi
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Estimated market value
$265,200
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$265,200
- Michigan
- Ionia County
- Saranac
- 48881
- 5980 Morrison Lake Rd
Nearby cities
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