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Jim Blehm

Team Owner, Realtor® | The Blehm Group | Keller Williams

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639 Heights Rd , Lake Orion, MI 48362
$185,000
Est. Payment: $952.66/mo
0 Bed
2 Bath
0 Sqft
Status: active | Days on site: 40
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VCR-C15903466 - VCR-C159091383,VCR-C159052275

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Jim Blehm
Team Owner, Realtor®
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House Description

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.
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Highlights

Listed by James Gillen , 248-935-2309 Liberty Way Realty , 248-845-2669. MichRIC

Property Type

Multi-Family
Lot/Acreage
0.23

HOA Fee

Year Built

1925

County

Oakland

 Neighborhood

Orion Charter Twp

 School District

Lake Orion

Listing ID

20261047582

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:0
  • ▪ Bathrooms:2
  • ▪ Full Bathrooms:
Basement:Crawl Space,Slab
Other:Public

Exterior Features
Principal Interest
$953
Taxes
$230
HOA
$0

Home Price

$185,000

Loan Details

30 yrs
6.676%

Down Payment

20%
$37,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$952.66

Principal

Taxes

Principal Taxes HOA Total
Monthly $952.66 $230.00 $0.00 $1,182.66
Yearly $11,431.88 $2,760.00 $0.00 $14,191.88
Total $342,956.33 $82,800.00 $0.00 $425,756.33
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Brian Belinger
Loan Originator
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Market insight data is pulled from the same city as the listing being viewed (Lake Orion, MI).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Information provided by Southwestern Michigan Regional Information Center, LLC and is deemed reliable but not guaranteed accurate.

Data last updated: 2026-08-02T23:53:55.000Z

© 2026 MichRIC