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    • Brokers

    KAREN LAHTI, Houghton, MI

    License ID: UPAR
    Years of Experience
    13
    Languages
    English, Finnish
    Association
    Upper Peninsula Association Of Realtors Inc

    Service Locations

    Contact details

    Phone:
    (906) 370-4045
    Office Address:
    320 Shelden Ave., Houghton, MI 49931

    Property Types

    • Commercial Sale
    • Land
    • Residential Multi Family

    Performance

    Listings
    4
    Total transactions
    363
    Total transactions amount
    $49M
    Price range
    $90k - 203k
    Average price
    $135k

    Listings

    For Sale (4)

    View map
    • $134,000
      9,800 SF

      Historic Ontonagon Retail Opportunity

      9,800 SF commercial building in the heart of Ontonagon, MI.
      425 River St, Ontonagon, MI 49953
      View Details
    • $120,000
      2.74 Acres

      Lake Superior Vacant Land

      2.74 acre vacant land with 265 feet of rocky beach.
      11687 Liimatainen, L' Anse, MI 49946
      View Details
    • $69,000
      1,728 SF

      Calumet Duplex Investment Opportunity

      Two-unit property in prime location needing finishing touches.
      56430-56432 Middle St, Calumet, MI 49913
      View Details
    • Contact for pricing
      1.08 Acres

      Residential Land Near Lake Superior

      Residential land near Lake Superior and village amenities.
      TBD2 Cedar Balsam, Ontonagon, MI 49953
      View Details

    Leases and Sales on Map

    • For Sale

    Properties for sale

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    KAREN LAHTI, Houghton, MI
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

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    KAREN LAHTI, Houghton, MI
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