Active

$389,900

7378 Chief Rd, Kaleva, MI 49645

8beds

4baths

--sqft

Get pre-qualified

2 to 4 Units

Built in 1900

-- sqft lot

$342,400 Zestimate^®

$--/sqft

$-- HOA

What's special

Generous land size

Discover this multi-unit investment property in Bear Lake, Michigan, featuring a substantial lot spanning nearly 75,000 square feet. This 2 to 4 unit property presents an excellent opportunity for investors seeking to diversify their real estate portfolio with multiple revenue streams. The generous land size provides flexibility for future development or expansion considerations. Positioned in the Bear Lake area, this property offers potential for long-term appreciation and sustained income generation. Whether you're an experienced investor or expanding your holdings, this multi-unit offering warrants serious consideration.

3 days

92

3

Loading...

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 8
Bathrooms: 4

Heating

Forced Air, Hot Water

Cooling

None

Appliances

Laundry: Main Level

Features

Basement: Crawl Space,Michigan Basement

Property

Parking

Total spaces: 6
Parking features: Driveway, Gravel, Unpaved

Accessibility

Accessibility features: Covered Entrance

Lot

Size: 1.72 Acres
Dimensions: 150 x 308
Features: Level

Details

Parcel number: 0203440007
Zoning description: Residential

Construction

Type & style

Home type: MultiFamily
Property subtype: 2 to 4 Units

Materials

Block, Wood Siding, Other
Roof: Other,Composition,Rubber

Condition

New construction: No
Year built: 1900

Utilities & green energy

Sewer: Septic Tank
Water: Private
Utilities for property: Electricity Available, Natural Gas Connected, Electricity Connected

Community & HOA

Location

Region: Kaleva

Financial & listing details

Tax assessed value: $53,512
Annual tax amount: $2,555
Date on market: 7/8/2026
Listing terms: Cash,Conventional
Tenant pays: Electricity, Gas
Electric utility on property: Yes
Road surface type: Paved

Estimated market value

$342,400

$284,000 - $401,000

$2,154/mo

Price history

Date	Event	Price
7/8/2026	Listed for sale	$389,900
Source: MichRIC #26034564 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$5,088 +127.6%	$173,800 +16.1%
2024	$2,235	$149,700 +30.7%
2023	--	$114,500 +21.7%
2022	--	$94,100 +10.4%
2021	--	$85,200 +6.5%
2020	--	$80,000 +2.3%
2019	--	$78,200 +16.2%
2018	--	$67,300 +32%
2017	--	$51,000 +3.2%
2016	--	$49,400 +3.3%
2015	--	$47,800 +1.9%
2014	--	$46,900 +2.2%
2013	--	$45,900 +2.7%
2012	--	$44,700 -3.9%
2011	--	$46,500

Find assessor info on the county website

Monthly payment

Est. payment

Payment breakdown

Explore the cost of this home by adjusting the details. Changes won't be saved.

All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.

HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.

Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.

See how much you could borrow to make a competitive offer.

Get pre-qualified