Chassell, MI Multifamily properties for sale

Updated: May 27

10-Unit Apartment Building on US-41

42280 Willson Memorial Drive, Chassell, MI 49916

$640,000

8,184 sqft 1.03 AC lot

Stabilized 10‑unit multifamily property with income potential.
Prime location on US‑41, close to Houghton and Michigan Technological University.
Extensive renovations (2010‑2011) including updated interiors, energy star appliances, and modernized mechanical systems.
Immediate access to outdoor recreational activities.
Scenic waterfront views of Pike Bay and Portage Lake, adjacent to Chassell Centennial Park.

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Updated: May 27

10-Unit Multifamily Apartment Building

42280 Willson Memorial Drive, Chassell, MI 49916

$640,000

8,184 sqft 1.03 AC lot

10‑unit multifamily property directly on US‑41 in Chassell, MI, with a mix of studio, 1‑bedroom, and 2‑bedroom units.
Built in 1950 and converted from a motel into apartment units between 2010–2011, with updated interiors.
Renovations include updated insulation, drywall, flooring, windows, roofing, boiler systems, and additional exterior updates.
Tenant‑controlled HVAC, energy star appliances, coin laundry, on‑site sprinkler system, and smoke‑free environment.
One wheelchair‑accessible unit; extensive parking and immediate access to recreation near Pike Bay/Portage Lake and local trail access.

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Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center

Based on your search, we've compiled 10 Potential Opportunities for your consideration. Besides 2 Active listings in Chassell, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Well-Maintained Duplex with Enclosed Porch

803 Elm Street, Hancock, MI 49930

$239,000

3,040 sqft 0.12 AC lot

Updated electrical, separate front and rear access, and shared basement laundry make this duplex flexible for rental or owner-occupancy.

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Houghton Duplex Investment Opportunity

309 W Montezuma Avenue, Houghton, MI 49931

$275,000

2,624 sqft 0.23 AC lot

Up-and-down duplex, potential single-family conversion in 2027.

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Leased Duplex with Four Parking Spaces

319 WHITE Street, Hancock, MI 49930

$189,500

1,584 sqft 0.13 AC lot

Two-unit duplex offers four on-site parking spaces, with both units currently leased.

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Premier Student Housing Community

408 Fairview St, Houghton, MI 49931

Contact for pricing

A 428-bed student housing community near Michigan Tech.

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Menominee City Building Lot

605 46th Avenue, Menominee, MI 49858

Contact for pricing

0.21 AC lot

Building lot near Henes Park, ready for construction.

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Elevated Farmland Development Parcel

Parcel C E Duck Lake Road, Suttons Bay, MI 49682

$2,600,000

74.20 AC lot

Developable farmland parcel offers ridge-top elevation and multi-directional water views near Suttons Bay.

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Buildable Residential Lot with Pines

Bollig Court lot: 2, Nekoosa, WI 54457

$35,000

2.45 AC lot

A wooded 2.45-acre lot with electric and fiber available at the lot line, suited for a home or cabin.

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Traverse City Land with Utilities

4866 Luanne Lane, Traverse City, MI 49685

$59,000

0.52 AC lot

Half-acre lot with well, septic, gas, and electric hookup.

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Chassell, MI Multifamily Properties Market Trends and Statistics

Explore 2 multifamily properties for sale in Chassell, MI on our real estate platform. These investment opportunities span a total of 16,368 square feet of properties for sale, with an estimated market value of $1,280,000.

Sale prices for multifamily properties in Chassell, MI start at $640,000, averaging $640,000, and reaching up to $640,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

Neighborhood	Average Price
49916	$640K

Neighborhood

Average Price

49916

$640K

Chassell, MI Multifamily Properties for Sale

42280 Willson Memorial Drive, Chassell, MI 49916

42280 Willson Memorial Drive, Chassell, MI 49916