8031 Chapman Road
Alden, MI 49612
- 3 beds
- 2 baths
- 1,770 sqft
- ~2 acre lot
- $240 per sqft
- 1988 build
- – on site
Versatile and income-producing, this unique property offers two rental units plus a large storage facility—all just 3/4 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.
Last checked:
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Checking…
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Last updated Mar 17, 2025
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MLS# 1931359 —
This home is listed in more than one place. See it here, and here, and here.
The Building
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Construction:frame
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Style:other, in-law suite/apartment, duplex, 1 story
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Roof:asphalt, metal
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Foundation:crawl space
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Exterior Finish:Vinyl
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Eco Features:no
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SqFt:1770
Interior
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Features:Other, Mud Room, Workshop
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Floor Covering:carpet
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Kitchen Floor Covering:carpet
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Dining Floor:Carpet
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Laundry on:Main Floor
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Laundry Floor Covering:laminate
Financial & Terms
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Terms:Conventional, Cash
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Pending Divisional Approval:no
Location
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Latitude:44.917012
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Longitude:-85.271838
The Property
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Principal Residence:yes
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Parcel Description:metes and bounds
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Lot Dimensions:193x422
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Land Features:Corner Lot, Wooded-Hardwoods, Cleared, Wooded, Evergreens, Level, Sloping
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Acres:1.87
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Zoning:Agricultural Res
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Exterior Features:Deck, Countryside View, Other, Landscaped
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Deeded Waterfront:no
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Water Features:none
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Road:public maintained, blacktop
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Mineral Rights:Unknown
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Price Per SqFt:240.06
Listing Agent
- Contact info:
- Agent phone:
- Office phone:
- (231) 941-4500
Taxes
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Tax ID:05-08-015-011-00
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Summer Taxes:$1,795
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Winter Taxes:$785
Beds
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1st Bedroom on:Main Floor
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1st Bedroom Floor Covering:carpet
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2nd Bedroom on:Main Floor
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2nd Bedroom Floor Covering:carpet
Baths
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Master Bath:shared
The Listing
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Virtual Tour URL 1:https://vimeo.com/1063657971?share=copy
Heating & Cooling
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Fireplace/Stove:Fireplace(s), Gas
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Heating & Cooling:Baseboard, Wall
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Heating & Cooling Source:propane
Utilities
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Water:Shared Well
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Sewer:Private Septic
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TV Service/Internet:Unknown
Appliances
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Appliances:Refrigerator, Oven/Range, Washer, Dryer, Ceiling Fan
Schools
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School District:Mancelona Public Schools
The Community
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Subdivision:MI
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Amenities:None
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Association Fee Includes:None
Parking
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Primary Garage:attached, concrete floors
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Driveway:Concrete, Gravel, Circular
Extra Units
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Additional Buildings:none
Monthly cost estimate
Asking price
$424,900
| Expense | Monthly cost |
|---|---|
|
Mortgage
This calculator is intended for planning and education purposes only. It relies on assumptions and information provided by you regarding your goals, expectations and financial situation, and should not be used as your sole source of information. The output of the tool is not a loan offer or solicitation, nor is it financial or legal advice. |
$2,275
|
| Taxes | $215 |
| Insurance | $116 |
| Utilities | $187 See report |
| Total | $2,793/mo.* |
| *This is an estimate |
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Air Pollution Index
Provided by ClearlyEnergy
The air pollution index is calculated by county or urban area using the past three years data. The index ranks the county or urban area on a scale of 0 (best) - 100 (worst) across the United Sates.
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
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3/11/25
Mar 11, 2025
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Listed / Active | NGLRMLS | $424,900 | |
|
11/27/24
Nov 27, 2024
|
Listed / Active | REALCOMP | ||
|
9/7/24
Sep 7, 2024
|
Price Changed | NGLRMLS |
