Apartment Building

Chassell, MI Apartment Buildings for Sale

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10-Unit Apartment Building
Updated: May 27
10-Unit Apartment Building

42280 Willson Memorial Drive, Chassell, MI 49916

$610,000
8,184 sqft 1.03 AC lot
10‑unit multifamily property with studio, one‑bedroom, and two‑bedroom units
Approximately 8,184 square feet on approximately 1.03 acres
Converted from motel use to apartments during 2010–2011
Directly positioned on US‑41, approximately 7.6 miles from Houghton
Updated insulation, drywall, flooring, windows, roofing, boiler systems, soffits, and fascia
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10-Unit Apartment Building
Updated: May 27
10-Unit Apartment Building

42280 Willson Memorial Drive, Chassell, MI 49916

$610,000
8,184 sqft 1.03 AC lot
10‑unit apartment property with studio, one‑bedroom, and two‑bedroom layouts
Approximately 8,184 square feet on approximately 1.03 acres
Converted from motel use to apartments during 2010‑2011
Directly on US‑41 and approximately 7.6 miles from Houghton
Adjacent to Chassell Centennial Park with views toward Pike Bay and Portage Lake
View details
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2 active listings match your search: Apartment Building for sale in Chassell, MI. Based on your search, we've also compiled 4 Potential Opportunities for your consideration: 4 properties in nearby cities.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Mixed-Use Building with Apartments
Mixed-Use Building with Apartments

400-406 S PELHAM ST, Rhinelander, WI 54501

$449,900
9,982 sqft 0.53 AC lot

Retail and office space shares the building with six residential apartments and paved off-street parking.

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Apartment Building with Six Units
Apartment Building with Six Units

1114 N Douglas Boulevard, Ironwood, MI 49938

$299,000
4,960 sqft 0.76 AC lot

Six-unit apartment building with garages and coin-operated laundry facilities plus a single-family rental home.

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Mixed-Use Building with Apartments
Mixed-Use Building with Apartments

66 N BROWN ST, Rhinelander, WI 54501

$230,000
0.21 AC lot

Three ground-floor commercial suites and six upstairs apartments create a combination of retail and residential space.

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Residential Income Property with Garages
Residential Income Property with Garages

1114 N Douglas Boulevard, Ironwood, MI 49938

$299,000
0.76 AC lot

Seven rental units include a six-unit apartment building and a single-family home, plus four garage units and on-site parking.

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Chassell, MI Apartment Buildings Market Trends and Statistics

Explore 2 apartment buildings for sale in Chassell, MI on our real estate platform. These investment opportunities span a total of 16,368 square feet of properties for sale, with an estimated market value of $1,220,000.

Sale prices for apartment complexes in Chassell, MI average $610,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Demographics Overview

Population 3,157
Population Growth (5Y) +7.8%
Median Household Income $77,000
College Educated 51.6%

High-Yield Neighborhoods for Investment

Identify Chassell submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
49916 $610K

Listings Trend

New vs delisted commercial listings in Houghton County

New Delisted

Total CRE Inventory on Market (SF)

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