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Lakefront Apartment Building
New
For Sale
$900,000

104 W Houghton Lake Drive, Prudenville, MI 48651

Multi Family, Prudenville, MI

Property SizeContact for details
Lot Size0.14 Acres
Days on Market2

Property Features for 104 W Houghton Lake Drive

General Information

Property type Residential Multi Family
Property subtype Other
Zoning description VMU
Bedrooms 20
Full bathrooms 13
Rooms Bedroom 15, Bathroom 4, Bathroom 8, Bedroom 13, Bedroom 3, Bathroom 5, Bathroom 2, Bedroom 9, Bedroom 10, Bathroom 6, Bedroom 2, Bedroom 17, Bathroom 12, Basement, Bedroom 5, Bedroom 7, Bathroom 13, Bedroom 19, Bedroom 11, Bedroom 12, Bedroom 18, Bathroom 7, Bathroom 3, Bedroom 4, Bedroom 16, Bathroom 11, Bedroom 8, Bedroom 6, Bathroom 1, Bedroom 20, Bedroom 14, Bathroom 10, Bedroom 1, Bathroom 9
Parking 30
Lot features Level
Elementary school district Houghton Lake
Middle school district Houghton Lake
High school district Houghton Lake
Standard status Active
APN 003-345-001-0000
Lot size 0.14 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description 223 L1038/P1635 L771/P592&597&602 L456/P165-6 LOT 1 & SWLY 1/2 OF LOT 2 & VACATED PORTION OF HOUGHTON ST VACATED ALLEY AND THAT PORTION OF LOT 55 LYING SW'LY OF RELOCATED HOUGHTON ST ALL IN THE PLAT OF HOUGHTON LAKE RESERVE ASSESSED WITH 003-585-001-0000
Tax Annual Amount 701
Legal Description 223 L1038/P1635 L771/P592&597&602 L456/P165-6 LOT 1 & SWLY 1/2 OF LOT 2 & VACATED PORTION OF HOUGHTON ST VACATED ALLEY AND THAT PORTION OF LOT 55 LYING SW'LY OF RELOCATED HOUGHTON ST ALL IN THE PLAT OF HOUGHTON LAKE RESERVE ASSESSED WITH 003-585-001-0000

Utilities

Utilities Cable Available
Heating system Forced Air
Cooling system Central Air
Water front features Lake
Water front 1

Building Details

Year built 2014
Number of units 17
Building materials Vinyl Siding
Listing Agency: MOXIE Real Estate + Development
Listed By: Shawn Jacobs
Added: Oct 23 Last Checked: Oct 24 at 6:06AM
MLS# 26056528

Copyright © 2026 Michigan Regional Information Center, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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Investment Insights

Based on property information with market context.

This apartment building dates to 2014 and has vinyl siding, central air conditioning, and forced-air heating. The room schedule identifies 20 bedrooms and 13 bathrooms.

The property is listed with lake waterfront features on a 0.14-acre lot.

Key Highlights

  • Lake waterfront features
  • 20 bedrooms and 13 bathrooms
  • Built in 2014

Property Analytics

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Location Intelligence

Trade Area within ½ mile

104
Businesses Nearby

Demographics for 48651, MI

4,396
Population
3,825
Households
1.1
Avg Household Size
56
Median Age
19%
College-Educated
92%
High-School Grad
71.0 sq mi
ZIP Area
62
Density / Sq Mi
$42,938
Median Household Income
$32,917
Median Earnings
$797
Median Rent
$156,000
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025

Frequently Asked Questions

What type of property is this?
Apartment building - Central air conditioning and forced-air heat serve the residence.
Where is this apartment building located?
The property is located at 104 W Houghton Lake Drive Prudenville, MI.
What is the asking price?
The asking price for this property is $900,000.
What are key features of this property?
This property features: Lake waterfront features; 20 bedrooms and 13 bathrooms; Built in 2014
More about this property
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