Multifamily

Hancock, MI Multifamily Properties for Sale

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Houghton, MI Chassell, MI Portage, MI South Range, MI Dollar Bay, MI Atlantic Mine, MI Hubbell, MI Lake Linden, MI
Well-Maintained Duplex with Enclosed Porch
Updated: Jun 14
Well-Maintained Duplex with Enclosed Porch

803 Elm Street, Hancock, MI 49930

$239,000
3,040 sqft 0.12 AC lot
Duplex built in 1910 with updated electrical system, plus hardwood floors and cable/internet availability
Both units have front and rear entrances and share basement laundry accessible from both units
Main‑floor unit: 1 bedroom, kitchen, full bathroom, and access to an enclosed front porch
Upstairs unit spans two levels: includes 2 bedrooms, full bathroom, kitchen, and additional top‑floor bedrooms with sitting area and half‑bath
Cooling includes wall/window units and ceiling fans; top floor has two mini‑split air conditioning units
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Leased Duplex with Four Parking Spaces
Updated: May 31
Leased Duplex with Four Parking Spaces

319 WHITE Street, Hancock, MI 49930

$189,500
1,584 sqft 0.13 AC lot
Duplex with 2 leased units: upper leased at $1,320/mo and lower leased at $875/mo (both have owner‑paid heat, lights, and water).
Owner‑paid utilities average $475/mo, including taxes, for both units.
On‑site parking for 4 vehicles and a porch plus exterior balcony.
Upper unit has a new bathroom and great views.
Hardwood floors and forced‑air heating; appliances include refrigerator, range/oven, washer, and dryer.
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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 12 Potential Opportunities for your consideration. Besides 2 Active listings in Hancock, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 2 Off-Market properties to explore as potential leads, 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.

10-Unit Multifamily Apartment Building
10-Unit Multifamily Apartment Building

42280 Willson Memorial Drive, Chassell, MI 49916

$640,000
8,184 sqft 1.03 AC lot

A renovated, smoke-free 10-unit apartment property with coin laundry, tenant-controlled HVAC, and extensive parking.

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10-Unit Apartment Building on US-41
10-Unit Apartment Building on US-41

42280 Willson Memorial Drive, Chassell, MI 49916

$640,000
8,184 sqft 1.03 AC lot

10-unit apartment building with studio through two-bedroom units, updated interiors, parking, coin laundry, and sprinkler system.

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Houghton Duplex Investment Opportunity
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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Premier Student Housing Community
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
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
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
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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Commercial Development Land Parcel
Commercial Development Land Parcel

101 Morris Avenue, Hinckley, MN 55037

$799,000
9.20 AC lot

Approximately 9.2-acre commercial land parcel near highway access in Hinckley, Minnesota.

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Off-Market Properties in Hancock, MI

Consider similar Off-Market properties in Hancock, MI. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

21581 1st St
MOBILE HOME PARK, TRAILER PARK

21581 1st St, Hancock, MI 49930-9408

Value Estimation by Request
7.29 AC lot
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21575 1st St
MOBILE HOME PARK, TRAILER PARK

21575 1st St, Hancock, MI 49930-9408

Value Estimation by Request
1.02 AC lot
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Hancock, MI Multifamily Properties Market Trends and Statistics

Explore 4 multifamily properties for sale in Hancock, MI on our real estate platform. These investment opportunities span a total of 4,624 square feet of properties for sale, with an estimated market value of $428,500.

Sale prices for multifamily properties in Hancock, MI start at $189,500, averaging $214,250, and reaching up to $239,000 — 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

Duplexes 4

Demographics Overview

Population 7,199
Population Growth (5Y) -1.1%
Median Household Income $67,946
College Educated 60.0%

High-Yield Neighborhoods for Investment

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

Neighborhood Average Price
49930 $169.2K

Total CRE Inventory on Market (SF)

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