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.
For sale
$424,900
8031 Chapman Rd, Alden, MI 49612
3beds
1,770sqft
Est.:
Single Family Residence, Duplex
Built in 1988
1.87 Acres Lot
$409,600 Zestimate®
$240/sqft
$-- HOA
What's special
Gas fireplaceAttached one-car garageLarge storage facilityHardwood floorsBack deckNewer metal roofUpdated kitchen
- 46 days
- on Zillow |
- 553 |
- 13 |
Zillow last checked: 7 hours ago
Listing updated: March 17, 2025 at 08:45am
Listed by:
Jacob Elsenheimer 231-944-0345,
REMAX Bayshore - W Bay Shore Dr TC 231-941-4500,
Robert Brick 231-715-1464,
REMAX Bayshore - W Bay Shore Dr TC
Source: NGLRMLS,MLS#: 1931359

Travel times
Tour with a buyer’s agent
Tour with a buyer’s agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
- Main level bathrooms: 2
- Main level bedrooms: 2
Rooms
- Room types: Workshop
Primary bedroom
- Level: Main
- Area: 162
- Dimensions: 12 x 13.5
Bedroom 2
- Level: Main
- Area: 122.85
- Dimensions: 9.1 x 13.5
Primary bathroom
- Features: Shared
Dining room
- Level: Main
- Width: 12.6
Kitchen
- Level: Main
- Length: 14.6
Living room
- Level: Main
- Area: 195.54
- Dimensions: 11.11 x 17.6
Heating
- Baseboard, Wall Furnace, Propane, Fireplace(s)
Appliances
- Included: Refrigerator, Oven/Range, Washer, Dryer
- Laundry: Main Level
Features
- Other, Mud Room, Ceiling Fan(s), In-Law Floorplan
- Flooring: Carpet, Laminate
- Basement: Crawl Space
- Has fireplace: Yes
- Fireplace features: Gas
Interior area
- Total interior livable area: 1,770 sqft
- Finished area above ground: 1,770
- Finished area below ground: 0
Video & virtual tour
Property
Parking
- Total spaces: 2
- Parking features: Attached, Concrete Floors, Concrete, Gravel, Circular Driveway
- Attached garage spaces: 2
Accessibility
- Accessibility features: None
Features
- Levels: One
- Stories: 1
- Patio & porch: Deck
- Exterior features: Other
- Has view: Yes
- View description: Countryside View
- Waterfront features: None
Lot
- Size: 1.87 Acres
- Dimensions: 193 x 422
- Features: Corner Lot, Wooded-Hardwoods, Cleared, Wooded, Evergreens, Level, Sloped, Landscaped, Metes and Bounds
Details
- Additional structures: None
- Parcel number: 05-08-015-011-00
- Zoning description: Agricultural Res
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Other
- Property subtype: Single Family Residence, Duplex
- Attached to another structure: Yes
Materials
- Frame, Vinyl Siding
- Roof: Asphalt,Metal
Condition
- New construction: No
- Year built: 1988
Utilities & green energy
- Sewer: Private Sewer
- Water: Shared Well
Community & HOA
Community
- Features: None
- Subdivision: n/a
HOA
- Services included: None
Location
- Region: Alden
Financial & listing details
- Price per square foot: $240/sqft
- Tax assessed value: $251,400
- Annual tax amount: $2,580
- Price range: $424.9K - $424.9K
- Date on market: 3/11/2025
- Listing agreement: Exclusive Right Sell
- Listing terms: Conventional,Cash
- Ownership type: Private Owner
- Road surface type: Asphalt
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