Multifamily

Houghton Lake, MI Multifamily Properties for Sale

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Houghton Lake Heights, MI Prudenville, MI Roscommon, MI Merritt, MI Falmouth, MI Harrison, MI Saint Helen, MI Marquette, MI
Short-Term Rental Property With Shop
Updated: Apr 9
Short-Term Rental Property With Shop

5783 W Houghton Lake Drive, Houghton Lake, MI 48629

$799,900
6,750 sqft 0.67 AC lot
Approximately 2,750 sq. ft. of living space
50' x 80' shop with built‑in lounge area
Rooftop deck with Houghton Lake views
Multiple en suites and spacious gathering areas
Outdoor putting green
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Lakeside Resort with Cabins
Updated: Jun 21
Lakeside Resort with Cabins

5358 W Houghton Lake Drive, Houghton Lake, MI 48629

$700,000
0.43 AC lot
Three individual cabins plus a twinplex
Docks and sandy beach on Houghton Lake
Twinplex basement includes an egress window with lake view
Paddle boat and 3 small boats included
0.43 acres at 5358 W Houghton Lake Drive
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Waterfront Cabin Resort
Waterfront Cabin Resort

127 128 Oneida Dr, Houghton Lake, MI 48629

$1,350,000
6,800 sqft 1.50 AC lot

Turnkey Northern Michigan waterfront operation with multiple log cabins, private docks, and a waterfront owner’s home.

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See what stands out in Roscommon County

We check every for-sale listing in the county against comparable properties across the country. Most price about where you would expect. A few are worth a second look.

We check every listing here. A few are worth a second look.

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Lakefront Resort with Sandy Beach
Lakefront Resort with Sandy Beach

5358 W Houghton Lake Dr, Houghton Lake, MI 48629

$700,000

Hospitality property with multiple guest accommodations, private lake access, docks, and recreational equipment.

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Lakefront-Adjacent Mobile Home Park
Lakefront-Adjacent Mobile Home Park

8610 E Houghton Lake Dr, Houghton Lake, MI 48629

Contact for pricing

Community positioned across from Houghton Lake with public lake access nearby.

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Based on your search, we've compiled 11 Potential Opportunities for your consideration. Besides 5 Active listings in Houghton Lake, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 1 Off-Market properties to explore as potential leads, plus 1 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.

Ranch Duplex
Ranch Duplex

447 & 449 S Main Street, Roscommon, MI 48653

$304,000
1,536 sqft

Newly built duplex with efficient layouts, covered porches, natural-gas heating, and public water and sewer service.

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17-Unit Lakefront Apartment Building
17-Unit Lakefront Apartment Building

104 West Houghton Lake Drive, Prudenville, MI 48651

$1,250,000
650 sqft

Apartment property with private frontage on Houghton Lake’s East Bay and hospitality-oriented zoning.

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35-Unit Apartment Portfolio
35-Unit Apartment Portfolio

114 Devonshire Drive, Prudenville, MI 48651

Contact for pricing
15,198 sqft

Fully occupied multifamily buildings spanning three parcels near Houghton Lake.

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Partially Renovated Duplex Building
Partially Renovated Duplex Building

9982 W Higgins Lake Dr, Roscommon, MI 48653

Contact for pricing
1,600 sqft

Two-unit conversion underway with heating, electrical, and plumbing systems available for completion.

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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.

Private Camping Lot with Electrical Hookups
Private Camping Lot with Electrical Hookups

4537 Pine Run Road, Farwell, MI 48622

$41,500
0.75 AC lot

Recreation lot in a private gated association with multiple 30 AMP electrical and septic hookups for camper-ready use.

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Off-Market Properties in Houghton Lake, MI

Consider similar Off-Market properties in Houghton Lake, 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.

Nwc Huntington Rd & Reserve Rd
Multifamily properties

0 Nwc Huntington Rd & Reserve Rd, Houghton Lake, MI 48629

Value Estimation by Request
1.41 AC lot
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Houghton Lake, MI Multifamily Properties Market Trends and Statistics

Explore 6 multifamily properties for sale in Houghton Lake, MI, showcased through 5 active listings on our real estate platform. These investment opportunities span a total of 13,550 square feet of properties for sale, with an estimated market value of $3,549,900.

Sale prices for multifamily properties in Houghton Lake, MI start at $700,000, averaging $887,475, and reaching up to $1,350,000 — 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

Short term rental properties 3
Mobile home & RV parks 1

Demographics Overview

Population 7,922
Population Growth (5Y) +7.5%
Median Household Income $54,622
College Educated 25.4%

High-Yield Neighborhoods for Investment

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

Neighborhood Average Price
48629 $950K

Taxes & Financing

Tax Rate (average for all types) 3.50%
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Roscommon County

New Delisted

Total CRE Inventory on Market (SF)

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