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    5407 W Houghton Lake Dr Houghton Lake, MI 48629

    For Sale
    $170,000

    MULTI_FAMILY - Ranch - Houghton Lake, MI

    Type:Single Family Residence
    Days on Market:
    64
    Last Refresh:
    Dec 5 at 5:06 pm

    Property Features for 5407 W Houghton Lake Dr

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Single Family Residence
    Standard status
    Active
    Rooms
    Bathroom 1, Bedroom 1, Laundry Room, Bedroom 3, Bathroom 2, Bedroom 2
    Bedrooms
    3
    APN
    011-213-005-0861
    Interior features
    Ceiling Fans, Egress Windows, Smoke Detector, Window Coverings
    Appliances
    Refrigerator, Electric Range

    Utilities

    Heating system
    Forced Air, Natural Gas
    Water source
    Well

    Building Details

    Number of units
    2
    Building materials
    Paved Street
    Architectural style
    Ranch

    Lake Homes Realty, LLC (866) 525-3466

    Listing agent Linda Sherwood (866) 525-3466

    Listing date Oct 3, 2025

    MLS# 201833485 Listing URL

    Copyright © 2025 Water Wonderland Board 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.

    Overview

    Houghton Lake Duplex Investment Opportunity

    This duplex presents an income opportunity with a solid rental history. The property features a new steel roof. Both units include a kitchen and in-unit laundry hook-ups. The duplex offers a two-bedroom unit and a one-bedroom unit; the one-bedroom unit is currently vacant. The location is within walking distance of restaurants, stores, and the shores of Houghton Lake, with easy parking. Electric and gas are unit-specific. The well is shared, with a separate mechanical room for maintenance access without disturbing tenants. The property is located in Houghton Lake, Michigan.
    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Auto Repair Shop Hair Salon Clothing Store Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Houghton Lake
    County
    Roscommon
    State
    Michigan
    Longitude
    -84.74729
    Latitude
    44.301383

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    FAQs

    What type of property is this?
    Duplex - Duplex with rental history near Houghton Lake shores and amenities.
    Where is this duplex located?
    The property is located at 5407 W Houghton Lake Dr Houghton Lake, MI.
    What is the asking price?
    The asking price for this property is $170,000.
    What are key features of this property?
    This property features: - Excellent income opportunity with solid rental history.; - New steel roof protects the investment.; - Walking distance to restaurants, stores, and Houghton Lake.
    (866) 525-3466
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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.

    More about this property
    5407 W Houghton Lake Dr Houghton Lake, MI 48629
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