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46131 S Lakeshore Dr, Lawrence, MI, 49064

8beds
4baths
3,800sqft
$385,000
$101price/sqft
$2,920/moest. monthly cost
$116,800/yrincome needed

About This Home

APPOINTMENT REQUIRED. DO NOT APPROACH TENANTS!!! This four unit complex is fully rented and has many recent updates. Many newer windows and doors, AC Units, dishwashers and a new well in 2019. The location of the large. country 1/2 acre lot gives tenants privacy and lots of parking and is minutes from Lake Cora and Reynolds Lake Public access. 4-950 sq.ft. units, 2 bed, 1 bath each. 20'x24' 2 stall garage could support extra income. Common laundry area. Two Income and expenses spreadsheets are in documents.

Getting Around

0
WalkingCar-Dependent
0
TransitVery Limited Transit
17
BikeSomewhat Bikeable

Schools

2/10
3/10

Construction

Condition

  • Year built: 1986

Materials

  • Roof: Composition
  • Construction materials: Vinyl Siding

Type & Style

  • Home type: MultiFamily
  • Property subType: 2 to 4 Units

Interior

Appliances

  • Laundry features: Electric Dryer Hookup,Common Area,In Basement

Basement

  • Has basement: Yes
  • Basement: Daylight,Walk-Out Access

Bedrooms & Bathrooms

  • Bedrooms: 8
  • Bathrooms: 4

Heating & Cooling

  • Heating features: Baseboard
  • Cooling features: Wall Unit(s)

Interior Area

  • Total interior livable area: 3,800 sqft

Property

Details

  • Parcel number: 801302401210

Lot

  • Lot size: 0.50 Acres
  • Lot size dimensions: 132 x 164

Parking

  • Total spaces: 8
  • Parking features: Aggregate,Driveway,Asphalt

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Hail
    HailRelatively High
  • Strong Wind
    Strong WindRelatively High
  • Cold Wave
    Cold WaveModerate
  • Ice Storm
    Ice StormModerate
  • Lightning
    LightningModerate
  • Tornado
    TornadoModerate
  • Winter Weather
    Winter WeatherModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Hail
Strong Wind
Cold Wave
Ice Storm
Lightning
Tornado
Winter Weather
Tsunami

FEMA Declared Disasters in Van Buren County and Michigan

Severe Ice Storm
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $1,946$23,352
Home Insurance *$204$2,448
Property Taxes $356$4,272
Electricity $414$4,973
Total$2,920$35,040
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$100,114/yr
40% on housing$87,600/yr
45% on housing$77,866/yr

Michigan FAIR Plan Programs

Michigan Basic Property Insurance Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 15,981Commercial: 293
Total Premiums$13.85M
Total Exposure$2.60B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 6.8%
6.8%
0%30.0%
Electricity Growth Rate10-year average: 3.9%
3.9%
0%15.0%
Property Taxes Growth Rate2-year average: 0.7%
0.7%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$101This listing

vs Other Active Listings

Avg $/sqft

ZIP 49064$197
Van Buren County$201

vs Homes Sold Last Month

Median $/sqft

ZIP 49064
Van Buren County$167

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-07-24Listed for sale$385,000
2026-05-08Listing removed$385,000
2026-04-17Listed for sale$385,000
2019-10-04Sold$242,450
2019-08-12Listed for sale$249,900
2018-10-25Listing removed$250,000
2018-08-10Price change$250,000
2018-07-23Price change$275,000
2018-05-25Listed for sale$300,000
2014-04-03Sold$100,577
2008-05-13Sold$155,000

For Sale by Agent

AgentTantzi Habsburg
BrokerageRE/MAX Lakeshore

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