MLS # 20261047582 (Realcomp)

Investor opportunity in the heart of Oakland County with lake privileges to Lake Orion. This multi-family property offers a rare chance to own a side-by-side duplex featuring each with 2 bedrooms and 1 bathroom.Built on a slab foundation, the structure provides a straightforward layout and low-maintenance footprint, making it an attractive option for rehabbers or long-term investors. The property does require significant updates and repairs throughout, offering strong upside potential for value-add improvements or a full renovation strategy.Located within a desirable lake-access community, residents enjoy privileges to Lake Orion, adding lifestyle appeal that can help drive rental demand or future resale value. With its flexible layout, investment potential, and sought-after location, this property is ideal for those looking to build equity through renovation or expand a rental portfolio in a waterfront community setting.
Source: SparkMLS
2-bath home in Orion Township in Lake Orion built in 1925.
Asking $185,000.
Estimated annual property tax: $2,555, or about $213 monthly. Estimate is based on county assessor records and current millage rates; actual tax may vary with PRE status and recent assessment changes.
Electric service is provided by DTE Electric Company; natural gas by Consumers Energy Company.
Location
Construction & Systems
Sale & Financing
Source: SparkMLS
Source: Public Records
Legal Description
T4N, R10E, SEC 10 LAKE ORION HEIGHTS SUB ELY PART OF LOT 128 MEAS 30.90 FT ALG NELY LOT LINE & 24.35 FT ALG SWLY LOT LINE, ALSO ALL OF LOT 129
FEMA Flood Zone: Zone X — Minimal flood risk
Source: FEMA NFHLUSDA Rural Development: Eligible — 0% Down Payment Available
Verify eligibility at USDAListed by James Gillen
Liberty Way Realty
Municipality: CHARTER TOWNSHIP OF ORION
School district: PONTIAC CITY SCHOOL DISTRICT
County: Oakland
Estimate based on SEV for a new buyer (taxable value resets to SEV on transfer). Actual taxes may vary. MI Treasury PT Estimator
Estimate only. Does not include PMI or other fees. Consult a lender for exact rates.
DTE Electric Company
Investor-Owned
Consumers Energy Company
Investor-Owned
MI Public Service Commission service territory boundaries.
Property
639 Heights Road, Lake Orion, MI 48362
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Municipality
Orion Township
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County
Oakland County
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