Houghton, MI Multifamily properties for sale

Updated: Feb 23

Houghton Duplex Investment Opportunity

309 W Montezuma Avenue, Houghton, MI 49931

$275,000

2,624 sqft · 0.23 AC lot

Up and down duplex with 3 bedrooms, full bath, eat‑in kitchen, and laundry on each floor
Current rent noted as $900/month for each duplex side for total $1800/month; leases expire spring of 2027
Fireplace in the lower unit with living and family room
Double corner lot on a main thoroughfare
Porch plus view of Quincy Mine and Portage Lift Bridge

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Updated: Mar 24

Premier Student Housing Community

408 Fairview St, Houghton, MI 49931

Contact for pricing

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).

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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 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.

Multifamily Property Near Portage Lake

42280 Willson Memorial Drive, Chassell, MI 49916

$640,000

8,184 sqft · 1.03 AC lot

Multifamily property with 10 units near outdoor recreation.

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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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Leased Duplex Income Property

319 WHITE Street, Hancock, MI 49930

$199,500

1,584 sqft · 0.13 AC lot

Two leased units with four on-site parking spaces and newer basement laundry, with owner-paid utilities included in operating costs.

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Duplex Conversion Opportunity

406 N Lincoln Drive, Hancock, MI 49930

$69,000

2,017 sqft · 0.32 AC lot

Residential income property on US-41 with a detached two-car garage that requires repair due to 2018 flood damage.

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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

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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High-Elevation View Farmland Parcel

Parcel C E Duck Lake Road, Suttons Bay, MI 49682

$2,950,000

74.20 AC lot

74-acre ridge-top farmland suited for residential development with expansive multi-directional water and sunset views.

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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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Traverse City Land with Utilities

4866 Luanne Lane, Traverse City, MI 49685

$59,000

0.52 AC lot

Half-acre lot with well, septic, gas, and electric hookup.

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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.

MOBILE HOME PARK, TRAILER PARK

18846 Superior Loc, Houghton, MI 49931-9280

Value Estimation by Request

0.28 AC lot

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Houghton, MI Multifamily Properties Market Trends and Statistics

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.

Neighborhood	Average Price
49931	$275K

Neighborhood

Average Price

49931

$275K