Houghton, MI
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    Houghton, MI Multifamily Properties for Sale

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    Hancock, MI Atlantic Mine, MI South Range, MI
    Houghton Duplex Investment Opportunity
    $275,000
    2,624 SF

    Houghton Duplex Investment Opportunity

    309 W Montezuma Avenue, Houghton, MI 49931

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

    • Lucrative investment property generating $1800/month in rental income.
    • Potential to convert to a single‑family home in Spring 2027.
    • Each unit features 3 bedrooms, full bath, eat‑in kitchen, and laundry.
    • Located on a double, corner lot.
    • Lower unit includes a living room, family room, and fireplace.
    Updated: Feb 23
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    Premier Student Housing Community
    Contact for pricing

    Premier Student Housing Community

    408 Fairview St, Houghton, MI 49931

    A 428-bed student housing community near Michigan Tech.

    • Unmatched proximity to Michigan Technological University - less than one block from campus!
    • New construction (2015‑2024) with value‑add opportunity due to recent completion of Building E1.
    • Strong amenity package including in‑unit washers and dryers, 24‑hour fitness center, and more.
    • Proven demand with high historical occupancy.
    • Favorable seller financing available with attractive terms (subject to final approval).
    Updated: Mar 24
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    Based on your search, we've compiled 11 Potential Opportunities for your consideration. Besides 2 Active listings in Houghton, 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.

    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
    View details
    Downtown Ishpeming Mixed-Use Investment
    $499,900
    9,486 SF

    Downtown Ishpeming Mixed-Use Investment

    Commercial/residential building with storefronts and apartments in downtown Ishpeming.

    200 E Division St, Ishpeming, MI 49849
    View details
    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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    Established Restaurant with Income Potential
    $399,900
    6,160 SF

    Established Restaurant with Income Potential

    Restaurant with apartments and retail space for sale.

    220 S Main, Ishpeming, MI 49849
    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.

    Menominee City Building Lot
    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
    View details
    Commercial Land Near Freeway
    $799,000
    9.20 Acres

    Commercial Land Near Freeway

    9 acre commercial property near freeway in Hinckley, Minnesota.

    101 Morris Avenue, Hinckley, MN 55037
    View details
    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
    View details

    Off-Market Properties in Houghton, MI

    Consider similar Off-Market properties in Houghton, 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.

    18846 Superior Loc

    18846 Superior Loc

    MOBILE HOME PARK, TRAILER PARK • 0.28 Acres
    Value Estimation by Request
    18846 Superior Loc, Houghton, MI 49931-9280
    View details

    Houghton, MI Multifamily Properties Investment Opportunities Market Analysis

    Explore 3 multifamily properties for sale in Houghton, MI on our real estate platform. These investment opportunities span a total of 2,624 square feet of properties for sale, with an estimated market value of $275,000.

    Sale prices for multifamily properties in Houghton, MI start at $275,000, averaging $275,000, and reaching up to $275,000 — 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

    Apartment buildings 1
    Duplexes 1

    Demographics Overview

    Population 10K
    Population Growth (5Y) -19.5%
    Median Household Income $47,279
    College Educated 61.2%

    High-Yield Neighborhoods for Strategic Investment

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

    Neighborhood Average Price
    49931 $275K

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