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Well-Maintained Duplex with Enclosed Porch
For Sale
$239,000

803 Elm Street, Hancock, MI 49930

DUPLEX - Conventional - Hancock, MI

Property Size3,040 SF
Lot Size0.12 Acres
Price / SF$78.62
Days on Market49

Property Features for 803 Elm Street

General Information

Property type Residential Multi Family
Property subtype Other
Zoning description Multi-Family, Residential
Bedrooms 6
Bathrooms 3
Full bathrooms 2
Half bathrooms 1
Rooms Bedroom 4, Bedroom 6, Basement, Bedroom 3, Bedroom 5, Bathroom 3, Bedroom 1, Bathroom 1, Bedroom 2, Dining Room, Bathroom 2
Patio and Porch features Porch
Interior features Cable/Internet Avail., Hardwood Floors
Exterior features Porch, Sidewalks, Street Lights
Appliances Dryer, Range/Oven, Refrigerator, Washer
Subdivision Hancock Copper Mining Cos Add
Lot features Walk to School, Platted, City Limits
Elementary school district Hancock Public Schools
Middle school district Hancock Public Schools
High school district Hancock Public Schools
Standard status Active
Size 3,040 SF
Lot size 0.12 Acres

Utilities

Heating system Hot Water(Heating), Other (Heating)
Cooling system Wall/Window Unit(s), Ceiling Fan(s)
Water source Public

Building Details

Year built 1910
Architectural style Conventional
Listing Agency: STATE WIDE OF HOUGHTON
Listed By: JENNIFER DEEPHOUSE · License #UPAR
Added: Jun 14 Changed: Jul 28 Last Checked: Aug 1 at 6:06AM
MLS# 50211633

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 well-maintained duplex offers separate front and rear entrances for both units, plus an enclosed front porch for the main floor. The main floor unit features one bedroom, a kitchen, a bathroom, and enclosed porch access. The upstairs portion spans two levels, with the first upper level including two bedrooms, a full bathroom, and a kitchen; the living room can be converted into a third bedroom. The top floor, previously the attic, provides two additional bedrooms, a sitting area, a half-bath, and two mini-split air conditioning units. Shared laundry facilities are in the basement and are accessible from both units. The electrical system has been completely updated by the current owners. The property also presents the potential to be converted into a single-family home.

The home is located near the waterfront, downtown Hancock, shops, schools, the hospital, and a neighborhood park, with parking available on the side of the house for the main unit and via the alley for the upper unit.

For tenants or buyers, the separate entrances and basement laundry setup support day-to-day convenience, while the multi-level upstairs configuration and mini-split heating and cooling can help accommodate different household needs. Owners also have the option to maintain the duplex arrangement or pursue a single-family conversion, depending on their use goals.

Key Highlights

  • Duplex with multiple bedroom options across both units and 3 bathrooms (1, 2, and 3 listed).
  • Owners completed electrical system updates, with cable/internet available.
  • Main floor unit: 1 bedroom, kitchen, bathroom, and access to an enclosed front porch, plus side parking.

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Building Supply Nail Salon Electrical Service Kitchen & Bath Showroom HVAC Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

346
Businesses Nearby

Demographics for 49930, MI

7,135
Population
3,366
Households
2.1
Avg Household Size
36
Median Age
44%
College-Educated
96%
High-School Grad
49.5 sq mi
ZIP Area
144
Density / Sq Mi
$67,946
Median Household Income
$31,847
Median Earnings
$749
Median Rent
$211,900
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Frequently Asked Questions

What type of property is this?
Duplex - Updated electrical, separate front and rear access, and shared basement laundry make this duplex flexible for rental or owner-occupancy.
Where is this duplex located?
The property is located at 803 Elm Street Hancock, MI.
What is the asking price?
The asking price for this property is $239,000.
What are key features of this property?
This property features: Duplex with multiple bedroom options across both units and 3 bathrooms (1, 2, and 3 listed).; Owners completed electrical system updates, with cable/internet available.; Main floor unit: 1 bedroom, kitchen, bathroom, and access to an enclosed front porch, plus side parking.
More about this property
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