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Houghton Duplex Investment Opportunity

309 W Montezuma Avenue Houghton, MI 49931

309 W Montezuma Avenue, Houghton, MI, 49931
$275,000
For Sale
Under Contract
$275,000

MULTI_FAMILY - Houghton, MI

Property Size2,624 SF
Lot Size0.23 Acres
Price / SF$104.80
Days on Market145

Property Features for 309 W Montezuma Avenue

General Information

Property type
Residential Multi Family
Property subtype
Other
Bedrooms
6
Bathrooms
2
Rooms
Bathroom 2, Basement, Bedroom 1, Bedroom 5, Bedroom 6, Bedroom 4, Bedroom 3, Bathroom 1, Bedroom 2
Patio and Porch features
Porch
Interior features
Cable/Internet Avail.
Exterior features
Porch
Fireplace
1
Appliances
Dishwasher, Disposal, Dryer, Range/Oven, Refrigerator, Washer
Standard status
Active Under Contract
Size
2,624 SF
Lot size
0.23 Acres

Taxes and HOA fees

Tax Year
2025
Tax Annual Amount
1771

Utilities

Heating system
Hot Water(Heating), Oil
Water source
Public

Building Details

Year built
1918
Floors in Building
2
Number of units
2
Architectural style
Other
Listing Agency RE/MAX DOUGLASS R.E.-H
320 SHELDEN AVENUE, Houghton, MI
Listed by GRETCHEN JANSSEN · License #356309
Added: Feb 23 Checked: Jul 18 at 7:06 pm
MLS# 50200046 Listing URL

Copyright © 2026 Upper Peninsula Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Investment Insights

Based on property information with market context.

This property is an up-and-down duplex that could be rented as a whole house or used as a single-family home once the leases expire in the spring of 2027. The monthly rent is $900 per duplex side, totaling $1800 per month. Each floor features 3 bedrooms, a full bath, an eat-in kitchen, and laundry facilities. The lower unit includes a living room, a family room, and an attractive fireplace. Situated on a double, corner lot on a main thoroughfare, the property offers a view of Quincy Mine and the Portage Lift Bridge. The property size is 2624 square feet and the lot size is 0.23 acres.

Key Highlights

  • Up and down duplex with 3 bedrooms, full bath, eat‑in kitchen, and laundry on each floor
  • Current rent noted as $900/month for each duplex side for total $1800/month; leases expire spring of 2027
  • Fireplace in the lower unit with living and family room

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Electrical Service Plumbing Service Pharmacy Bakery Furniture & Home Goods (Bike/Boat/Book/etc) Store Catering Service Butcher Kitchen & Bath Showroom (Bike/Boat/Book/etc) Store

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Duplex - Up-and-down duplex, potential single-family conversion in 2027.
Where is this duplex located?
The property is located at 309 W Montezuma Avenue Houghton, MI.
What is the asking price?
The asking price for this property is $275,000.
What are key features of this property?
This property features: Up and down duplex with 3 bedrooms, full bath, eat‑in kitchen, and laundry on each floor; Current rent noted as $900/month for each duplex side for total $1800/month; leases expire spring of 2027; Fireplace in the lower unit with living and family room
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