7378 Chief Road

Baths
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Discover this multi-unit investment property in Bear Lake, Michigan, featuring a substantial lot spanning nearly 75,000 square feet. This 2 to 4 unit property presents an excellent opportunity for investors seeking to diversify their real estate portfolio with multiple revenue streams. The generous land size provides flexibility for future development or expansion considerations. Positioned in the Bear Lake area, this property offers potential for long-term appreciation and sustained income generation....Discover this multi-unit investment property in Bear Lake, Michigan, featuring a substantial lot spanning nearly 75,000 square feet. This 2 to 4 unit property presents an excellent opportunity for investors seeking to diversify their real estate portfolio with multiple revenue streams. The generous land size provides flexibility for future development or expansion considerations. Positioned in the Bear Lake area, this property offers potential for long-term appreciation and sustained income generation. Whether you're an experienced investor or expanding your holdings, this multi-unit offering warrants serious consideration.
  1. Listed by Brenda Cronan • Brokerage DRE #650543303 • Coldwell Banker ALM REALTY
    P: (231)-794-1777 brenda@cbalm.com

Property Details for 7378 Chief Road

Zoning
Residential
Waterfront
No
Zoning Description
Residential
LISTING UPDATED: 07/08/2026 03:22 PM

Property Details for 7378 Chief Road

StatusActive
MLS #67026034564
Days on Market7
Taxes$2,555 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeResidential Income / Multi Family
Year Built1900
Lot Size1.72 AC / 74,923 SF
CountyManistee County

Location

Listing Courtesy of Coldwell Banker ALM REALTY
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Building Information for 7378 Chief Road

Stories-Residences3Year Built1900Building Size-Lot Size1.72 AC / 74,923 SF

Payment Calculator

$2,156 per month

30 year fixed, 6.36% Interest

Principal and Interest

$1,943

Property Taxes

$213

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 7378 Chief Road

Summary
Location and General Information
  • Directions: IS 31 To 8 Mile, East to Chief, South to home.
  • Latitude: 44.349004
  • Longitude: -86.102442
  • Cross Street: 8 Mile
  • MLS Area Major: Bear Lake Twp (51002)
Taxes and HOA
  • Parcel Number: 0203440007
  • Tax Amount Summer: $2,555.00
  • Tax Annual Amount: $2,555.00
  • Tax Assessed Value: $53,512.00
  • Tax Legal Description: PT NE 1/4 OF SE 1/4 LYING N OF M + NE RR R/W, COM 280 FT N OF N RAIL RR ALG E LI OF SD 1/4, W PARA WITH RR R/W 300 FT, S TO N RR R/W, E ALG N RR R/W TO E LI OF SD 1/4, N TO POB. SEC 34 T23N R15W. 1.72 A*M/L. SALE(80) 6391 0306-9, 23-4 1391 0327
  • Tax Year: 2025
School Information
  • High School District: Onekama
Parking
  • Parking Total: 6.0
  • Parking Features: Gravel, Unpaved
Property
Lot Information
  • Frontage Length: 150.0
  • Lot Size Acres: 1.72
  • Lot Size Area: 74923.0
  • Lot Size Dimensions: 150x308
  • Lot Features: Level
  • Lot Size Units: Square Feet
  • Road Frontage Feet: 150
  • Road Surface Type: Paved
Property and Assessments
  • State Equalized Value: 191800.0
  • Class Name: Residential Income
  • Year Built: 1900
Building Features
  • Accessibility Features: Other Accessibility Features
  • Construction Materials: Block, Other, Wood Siding
  • Foundation Details: Crawl Space, Michigan Basement
  • Number Of Buildings: 1
  • Roof: Composition, Other, Rubber
Utilities
  • Electric: True
  • Sewer: Septic Tank
  • Utilities: Electricity Connected, Natural Gas Connected
  • Water Source: Private
Interior and Exterior Features
Interior Features
  • Basement: true
  • Has Basement: Yes
  • Cooling: None
  • Has Cooling: No
  • Heating: Forced Air, Hot Water, Natural Gas
  • Has Heating: Yes
  • Laundry Features: Main Level
Multi Family
Multi Family Information
  • Number of Units Total: 3
  • Unit Records: 3
Unit Information
Unit 1
  • Description: House
  • Total Rent: $1,200.00
  • Total Bathrooms: 2
  • Total Bedrooms: 4
  • Type: Four Bedroom Or More
Unit 2
  • Description: Middle
  • Total Rent: $900.00
  • Total Bathrooms: 1
  • Total Bedrooms: 2
  • Type: Two Bedroom
  • Total Units: 2.0
Unit 3
  • Description: North unit
  • Total Rent: $900.00
  • Total Bathrooms: 1
  • Total Bedrooms: 2
  • Type: Two Bedroom
  • Total Units: 2.0

Property History for 7378 Chief Road

DateEvent & SourcePriceAppreciation
Jul 8, 2026

Listed (Active)

Michigan Regional Information Center #26034564

$389,900
Jul 1, 2026

Listed (Active)

Realcomp #67026034564

$389,900
Jul 1, 2026

Listed (Active)

MiRealSource #70544245

$389,900
DateEvent & SourcePrice
07/08/2026

Listed (Active)

Michigan Regional Information Center #26034564

$389,900
07/01/2026

Listed (Active)

Realcomp #67026034564

$389,900
07/01/2026

Listed (Active)

MiRealSource #70544245

$389,900

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 7378 Chief Road

Taxable ValueLand-Additions-Total-
Tax Record2025$2,483 ($207 / month)
Home Facts
Beds0Lot Size74,923 SqFtStyleSingle Family ResidenceCountyMANISTEEAPN02-034-400-07

Schools near 7378 Chief Road

This home is within Onekama Consolidated Schools.
Rating
School
Type
Grades
Distance
Public - K to 12
Private - 1 to 8
Rating
School
Distance
Onekama Middle/High School
PublicK to 12

Pleasant View Mennonite School
Private1 to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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7378 Chief Road is a multi-family home for sale in Kaleva, MI 49645. This property was listed for sale on July 1, 2026 by Coldwell Banker ALM REALTY, it's currently listed at $389,900. This listing's school district is Onekama Consolidated Schools. Nearby schools include Onekama Middle/High School and Pleasant View Mennonite School. 7378 Chief Road is a 8-bed, 0-bath, multi-family home built in 1900.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Coldwell Banker ALM REALTY

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