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    Houghton Lake, MI Multifamily Properties for Sale

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    Houghton Lake Heights, MI Prudenville, MI Roscommon, MI
    Residential Income Property with Shop
    $999,000
    4,850 SF
    Residential Income Property with Shop

    5783 W Houghton Lake Drive, Houghton Lake, MI 48629

    Multiple en suites and a 50x80 attached shop support guest hosting, hobbies, and flexible on-site use.
    • Brick and block construction
    • Well water source
    • Multiple en suites for hosting guests or flexible living arrangements
    • Outdoor putting green and inviting outdoor spaces
    • Rooftop deck with views of Houghton Lake
    Updated: Apr 9
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    Renovated Houghton Lake Multi-Family Property
    $550,000
    2,680 SF
    Renovated Houghton Lake Multi-Family Property

    5257/5259 W Houghton Lake Drive, Houghton Lake, MI 48629

    Updated property with lake views, rental income potential, and pole barn.
    • Stunning lake views of Houghton Lake's South Shore
    • Renovated duplex with rental income potential or guest space
    • Completely renovated in 2023 with modern upgrades and open layout
    • Spacious home with 3 bedrooms and 2.5 bathrooms
    • Over 3/4 acre lot with a pole barn for storage or workshop
    Updated: Feb 14
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    Single-Family Home with Attached Shop
    $999,000
    0.67 Acres
    Single-Family Home with Attached Shop

    Single-family home with multiple en suites, rooftop deck, putting green, and a 50x80 attached shop with lounge area.

    5783 West Houghton Lake Drive, Houghton Lake, MI 48629

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    Houghton Lake RV Resort Lot
    $38,500
    Houghton Lake RV Resort Lot

    RV resort lot with included furnished 5th wheel.

    2757 Owens Unit 205 Drive, Houghton Lake, MI 48629

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    Waterfront Resort with Rental Income
    $1,500,000
    10,000 SF
    Waterfront Resort with Rental Income

    Waterfront home, RV park, and rentals on Houghton Lake.

    10360 West Shore Drive, Houghton Lake, MI 48629

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    Based on your search, we've compiled 14 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 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.

    Updated Triplex in Cadillac Historic District
    $215,000
    2,314 SF
    Updated Triplex in Cadillac Historic District

    Income-producing triplex near downtown Cadillac with strong rental history.

    415 E Harris Street, Cadillac, MI 49601

    View details
    Lake City Multifamily Investment Opportunity
    $420,000
    4,880 SF
    Lake City Multifamily Investment Opportunity

    Turnkey 8-unit multifamily property with expansion potential in Lake City, MI.

    1341 S Lakeshore Drive, Lake City, MI 49651

    View details
    Two-Unit Property with Garage
    $169,500
    Two-Unit Property with Garage

    Two-unit property featuring long-term tenants, basement, yard, and garage.

    316 E Bremer St, Cadillac, MI 49601

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    Turnkey Multifamily with Expansion Potential
    $420,000
    2,448 SF
    Turnkey Multifamily with Expansion Potential

    Fully rented 8-unit apartment complex with development potential.

    Lake City, MI 49651

    View details

    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.

    Recreational Land in Gated Community
    $44,000
    0.75 Acres
    Recreational Land in Gated Community

    0.75-acre lot with hookups in White Birch Lakes Association.

    4537 Pine Run, Farwell, MI 48622

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    RV Lot in Vista Green Resort
    $62,500
    0.07 Acres
    RV Lot in Vista Green Resort

    Premium RV lot with full hook-ups in resort community.

    Lot 83 Green Acres Drive, South Boardman, MI 49680

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    RV Resort Corner Lot
    $62,500
    0.07 Acres
    RV Resort Corner Lot

    Corner lot at an all-ages RV resort with full hook-up electric, water, and sewer, ready for seasonal use or rental.

    Green Park Dr, Vista Green Rd lot: 83, South Boardman, MI 49680

    View details
    Sanford Vacant Land with Utilities
    Contact for pricing
    0.80 Acres
    Sanford Vacant Land with Utilities

    Two lots with water and electric hookups, lake access.

    978 timberlynn trail, Sanford, MI 48657

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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
    Lot: 1.41 Acres
    Value Estimation by Request
    Nwc Huntington Rd & Reserve Rd

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

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    Houghton Lake, MI Multifamily Properties Investment Opportunities Market Analysis

    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 12,680 square feet of properties for sale, with an estimated market value of $2,050,000.

    Sale prices for multifamily properties in Houghton Lake, MI start at $550,000, averaging $1,025,000, and reaching up to $1,500,000 — 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

    Short term rental properties 3
    Duplexes 2
    Mobile home & RV parks 2

    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 median listing prices of real estate assets

    Neighborhood Average Price
    48629 $821.9K

    Taxes & Financing

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

    Listings Trend

    Total CRE Area on Market Trend

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