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    Chassell, MI Multifamily Properties for Sale

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    Lake Linden, MI Houghton, MI Portage, MI Dollar Bay, MI South Range, MI Hancock, MI Atlantic Mine, MI Pelkie, MI
    10-Unit Apartment Building
    Updated: May 27
    10-Unit Apartment Building

    42280 Willson Memorial Drive, Chassell, MI 49916

    $640,000
    8,184 sqft 1.03 AC lot
    10‑unit multifamily property with studio, one‑bedroom, and two‑bedroom units
    Approximately 8,184 square feet on approximately 1.03 acres
    Converted from motel use to apartments during 2010–2011
    Directly positioned on US‑41, approximately 7.6 miles from Houghton
    Updated insulation, drywall, flooring, windows, roofing, boiler systems, soffits, and fascia
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    10-Unit Apartment Building
    Updated: May 27
    10-Unit Apartment Building

    42280 Willson Memorial Drive, Chassell, MI 49916

    $640,000
    8,184 sqft 1.03 AC lot
    10‑unit apartment property with studio, one‑bedroom, and two‑bedroom layouts
    Approximately 8,184 square feet on approximately 1.03 acres
    Converted from motel use to apartments during 2010‑2011
    Directly on US‑41 and approximately 7.6 miles from Houghton
    Adjacent to Chassell Centennial Park with views toward Pike Bay and Portage Lake
    View details
    Renovated 10-Unit Apartment Building
    Renovated 10-Unit Apartment Building

    42280 Willson Memorial Drive, Chassell, MI 49916

    $640,000
    8,184 sqft 1.03 AC lot

    Renovated multifamily property with mixed unit types, tenant-controlled HVAC, and coin laundry.

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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 7 Potential Opportunities for your consideration. Besides 3 Active listings in Chassell, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

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

    Six-Unit Apartment Building with Laundry Room
    Six-Unit Apartment Building with Laundry Room

    137 Lake Linden Avenue, Laurium, MI 49913

    $229,900
    3,776 sqft 0.28 AC lot

    Six-unit apartment building with on-site laundry room, public water, hot water heating, and wall/window AC units.

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    Mixed-Use Apartment Building
    Mixed-Use Apartment Building

    137 Lake Linden Avenue, Laurium, MI 49913

    $229,900
    3,772 sqft 0.28 AC lot

    Six-unit mixed-use building with five one-bedroom apartments and an on-site laundry room.

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    Conventional Duplex with Basement Laundry
    Conventional Duplex with Basement Laundry

    319 WHITE Street, Hancock, MI 49930

    $189,500
    1,584 sqft 0.13 AC lot

    Conventional duplex with forced-air heat, hardwood floors, and basement laundry with washer and dryer.

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    Duplex with Four Parking Spaces
    Duplex with Four Parking Spaces

    319 East White Street, Hancock, MI 49930

    $189,500
    1,584 sqft

    Two leased units with owner-paid heat, electricity, water, and taxes, plus laundry equipment in the basement.

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    Chassell, MI Multifamily Properties Market Trends and Statistics

    Explore 3 multifamily properties for sale in Chassell, MI, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 24,552 square feet of properties for sale, with an estimated market value of $1,920,000.

    Sale prices for multifamily properties in Chassell, MI average $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

    Commercial property segments ranked by active listings on the market

    Apartment buildings 3

    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 average listing prices of real estate assets

    Neighborhood Average Price
    49916 $640K

    Total CRE Inventory on Market (SF)

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