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123/125 Pearson St, Beaverton, MI, 48612

6beds
4baths
3,430sqft
$399,000
$116price/sqft
$2,962/moest. monthly cost
$118,480/yrincome needed

About This Home

Duplex Investment Opportunity with Lake Views – 123/125 Pearson Road, Beaverton, MI Here’s your chance to own a well-maintained, income-producing duplex on the shores of Ross Lake, right in the heart of Beaverton. Built in 2006, this attached duplex offers two identical units, each featuring 3 bedrooms, 2 full baths, and a spacious open-concept living area with kitchen, dining, and living room. Both units include full, walk-out basements, providing excellent storage or future finishing potential. Step out to the patio with beautiful views of Ross Lake—a peaceful setting ideal for tenants or an owner-occupant. One side is currently rented, providing immediate income, while the other unit is vacant and move-in ready—perfect for an owner looking to live in one side and rent the other. Located within city limits, this property offers convenient access to schools, shopping, and local amenities, all while enjoying the charm of lakeside living. Whether you're an investor or an owner-occupant, this is a versatile and valuable opportunity you won’t want to miss!

Getting Around

50
WalkingSomewhat Walkable
0
TransitVery Limited Transit
43
BikeSomewhat Bikeable

Schools

5/10
Beaverton Middle SchoolGrades PK-60.5 mi
6/10
Beaverton High SchoolGrades 7-120.7 mi

Construction

Condition

  • Year built: 2006

Materials

  • Foundation: Basement,Concrete Perimeter
  • Construction materials: Vinyl Siding

Type & Style

  • Home type: MultiFamily
  • Architectural style: Conventional Frame
  • Property subType: Multi Family

Interior

Appliances

  • Appliances included: Dishwasher,Range/Oven,Refrigerator,Gas Water Heater
  • Laundry features: First Floor Laundry,Laundry Room,Main Level

Basement

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

Bathroom

  • Features: Master Bedroom Bath,Shared

Bedroom1

  • Features: No

Bedrooms & Bathrooms

  • Bedrooms: 6
  • Bathrooms: 4
  • Full bathrooms: 4

Features

  • High Ceilings,Cathedral/Vaulted Ceiling

Heating & Cooling

  • Heating features: Forced Air
  • Cooling features: Central Air

Interior Area

  • Total structure area: 3,430
  • Total interior livable area: 3,430 sqft

Kitchen

  • Features: Eat-in Kitchen

Property

Details

  • Parcel number: 16001210000300
  • Zoning description: Multi-Family,Residential
  • Special condition: Private,Standard

Features

  • Levels: One
  • Stories: 1
  • Patio & porch: Patio
  • Exterior features: Sidewalks,Street Lights
  • On waterfront: Yes
  • Waterfront features: All Sports Lake,Interior Lake,Lake Front,Seawall,Waterfront
  • Waterbody name: Ross Lake
  • Frontage length: 183

Lot

  • Lot size: 0.45 Acres
  • Features: Cleared,Sidewalks,Sloped,Corner Lot,Main Street
  • Lot size dimensions: 183 x 258 x 121 x 83

Parking

  • Total spaces: 4
  • Parking features: 3 or More Spaces,Garage,Driveway,Unassigned,Attached,Electric in Garage,Garage Door Opener,Off Street
  • Has garage: Yes
  • Attached garage spaces: 4
  • Covered spaces: 4

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

  • Winter Weather
    Winter WeatherVery High
  • Cold Wave
    Cold WaveRelatively High
  • Lightning
    LightningRelatively High
  • Strong Wind
    Strong WindRelatively High
  • Hail
    HailModerate
  • Inland Flooding
    Inland FloodingModerate
  • Tornado
    TornadoModerate

How This Home’s Risks Compare

Winter Weather
Cold Wave
Lightning
Strong Wind
Hail
Inland Flooding
Tornado

FEMA Declared Disasters in Gladwin 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 $2,017$24,204
Home Insurance *$236$2,832
Property Taxes $335$4,020
Electricity $374$4,489
Total$2,962$35,544
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$101,554/yr
40% on housing$88,860/yr
45% on housing$78,986/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: 16.2%
16.2%
0%30.0%
Electricity Growth Rate10-year average: 3.9%
3.9%
0%15.0%
Property Taxes Growth Rate2-year average: -0.1%
-0.1%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$116This listing

vs Other Active Listings

Avg $/sqft

ZIP 48612$122
Gladwin County$128

vs Homes Sold Last Month

Median $/sqft

ZIP 48612
Gladwin County$143

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)

No zestimate history available

Price History

DateEventPrice
2025-10-01Price change$399,000
2025-07-30Listed for sale$599,900

For Sale by Agent

AgentThomas Webb
BrokerageCentury 21 Signature Realty Midland

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