Multifamily

Prudenville, MI Multifamily Properties for Sale

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Houghton Lake, MI Houghton Lake Heights, MI Roscommon, MI Saint Helen, MI Harrison, MI Gladwin, MI Merritt, MI Marquette, MI
17-Unit Lakefront Apartment Building
Updated: Nov 24, 2025
17-Unit Lakefront Apartment Building

104 West Houghton Lake Drive, Prudenville, MI 48651

$1,250,000
650 sqft
17‑unit apartment building completed in 2014
Private frontage on Houghton Lake’s East Bay
All‑sports lake setting
VMU zoning
Central air, forced‑air heating, and natural gas
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35-Unit Apartment Portfolio
Updated: Jul 13
35-Unit Apartment Portfolio

114 Devonshire Drive, Prudenville, MI 48651

Contact for pricing
15,198 sqft
35 apartment units across multiple multifamily buildings
Three parcels of land included in the offering
Fully occupied with all units rented
Located near Houghton Lake
114 Devonshire Drive, Prudenville, MI 48651
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Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
Based on your search, we've compiled 7 Potential Opportunities for your consideration. Besides 2 Active listings in Prudenville, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities, 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.

Short-Term Rental Property With Shop
Short-Term Rental Property With Shop

5783 W Houghton Lake Drive, Houghton Lake, MI 48629

$799,900
6,750 sqft 0.67 AC lot

Residential property with a large accessory shop, rooftop deck, multiple en suites, and commercial/residential zoning.

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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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New Ranch Duplex
New Ranch Duplex

447-449 S Main Street, Roscommon, MI 48653

$304,000
1,536 sqft 0.30 AC lot

Two single-story residences provide two bedrooms, one bathroom, and laundry hookups per unit.

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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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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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Prudenville, MI Multifamily Properties Market Trends and Statistics

Explore 2 multifamily properties for sale in Prudenville, MI on our real estate platform. These investment opportunities span a total of 15,848 square feet of properties for sale, with an estimated market value of $1,250,000.

Sale prices for multifamily properties in Prudenville, MI average $1,250,000 — 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

Apartment buildings 1

Demographics Overview

Population 4,331
Population Growth (5Y) -11.0%
Median Household Income $42,938
College Educated 30.1%

Taxes & Financing

Tax Rate (average for all types) 3.34%
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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