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Chassell, MI Multifamily Properties for Sale

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South Range, MI Houghton, MI Portage, MI

Chassell Multifamily Investment Opportunity

$640,000

8,184 SF

Chassell Multifamily Investment Opportunity

42280 Willson Memorial Drive, Chassell, MI 49916

Ten-unit apartment building near outdoor recreation and Michigan Tech.

Stabilized 10‑unit multifamily property with income potential.
Updated interiors feature energy star appliances, modernized mechanical systems, and tenant‑controlled HVAC.
Prime location on US‑41, just 7.6 miles from Houghton and Michigan Technological University.
Benefit from extensive parking, sprinkler system, smoke‑free environment, and one wheelchair‑accessible unit.
Direct access to outdoor recreational activities: hiking, biking, snowmobiling, skiing, boating, kayaking, and fishing.

Updated: May 27

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$640,000

8,184 SF

Multifamily Property Near Portage Lake

42280 Willson Memorial Drive, Chassell, MI 49916

Multifamily property with 10 units near outdoor recreation.

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.

Updated: May 27

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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.

$275,000

2,624 SF

Houghton Duplex Investment Opportunity

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

309 W Montezuma Avenue, Houghton, MI 49931

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Calumet Duplex with Renovation Potential

$65,000

1,728 SF

Calumet Duplex with Renovation Potential

Duplex in Calumet, MI, with renovation and investment potential.

56430-56432 Middle Street, Calumet, MI 49913

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Contact for pricing

Premier Student Housing Community

A 428-bed student housing community near Michigan Tech.

408 Fairview St, Houghton, MI 49931

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Calumet Historic District Business Opportunity

$850,000

13,300 SF

Calumet Historic District Business Opportunity

Profitable cafe, brewery, and apartments in historic Calumet district.

300 Sixth, Calumet, MI 49913

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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.

Contact for pricing

0.21 Acres

Menominee City Building Lot

Building lot near Henes Park, ready for construction.

605 46th Avenue, Menominee, MI 49858

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Breathtaking Farmland Development Opportunity

$2,950,000

74.20 Acres

Breathtaking Farmland Development Opportunity

72 acres of high-elevation farmland with sweeping, multi-directional views.

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

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$35,000

2.45 Acres

Wooded Lot in Bollig Estates

Buildable 2.45-acre wooded lot near Nekoosa and Rainbow Casino.

Lot 2 Bollig Court, Nekoosa, WI 54457

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$59,000

0.52 Acres

Traverse City Land with Utilities

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

4866 Luanne Lane, Traverse City, MI 49685

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Chassell, MI Multifamily Properties Investment Opportunities Market Analysis

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.

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Top Commercial Asset Segments

Demographics Overview

Population 3,157

Population Growth (5Y) +7.8%

Median Household Income $77,000

College Educated 51.6%

High-Yield Neighborhoods for Investment

Identify Chassell submarkets with the highest inventory density on the market and evaluate the median listing prices of real estate assets

Neighborhood	Average Price
49916	$640K

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Chassell, MI Multifamily Properties for Sale