Chassell, MI Residential income properties for sale

Chassell Multifamily Investment Opportunity

$640,000

8,184 SF

Chassell Multifamily Investment Opportunity

42280 Willson Memorial Drive, Chassell, MI 49916

Ten-unit apartment building near outdoor recreation and Michigan Tech.

Stabilized 10‑unit multifamily property with income potential.
Updated interiors feature energy star appliances, modernized mechanical systems, and tenant‑controlled HVAC.
Prime location on US‑41, just 7.6 miles from Houghton and Michigan Technological University.
Benefit from extensive parking, sprinkler system, smoke‑free environment, and one wheelchair‑accessible unit.
Direct access to outdoor recreational activities: hiking, biking, snowmobiling, skiing, boating, kayaking, and fishing.

Updated: May 27

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$640,000

8,184 SF

Multifamily Property Near Portage Lake

42280 Willson Memorial Drive, Chassell, MI 49916

Multifamily property with 10 units near outdoor recreation.

Stabilized 10‑unit multifamily property with income potential.
Prime location on US‑41, close to Houghton and Michigan Technological University.
Extensive renovations (2010‑2011) including updated interiors, energy star appliances, and modernized mechanical systems.
Immediate access to outdoor recreational activities.
Scenic waterfront views of Pike Bay and Portage Lake, adjacent to Chassell Centennial Park.

Updated: May 27

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Based on your search, we've compiled 10 Potential Opportunities for your consideration. Besides 2 Active listings in Chassell, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities, 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.

$275,000

2,624 SF

Houghton Duplex Investment Opportunity

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

309 W Montezuma Avenue, Houghton, MI 49931

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$300,000

0.04 Acres

Mixed-Use Building with Liquor License

Income-producing mixed-use property with bar, apartment, and redevelopment potential.

307 Quincy, Hancock, MI 49930

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Contact for pricing

Premier Student Housing Community

A 428-bed student housing community near Michigan Tech.

408 Fairview St, Houghton, MI 49931

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$194,900

Hancock Mixed-Use Property for Sale

Mixed-use property with B-2 zoning, suitable for business or residential.

209 Montezuma, Hancock, MI 49930

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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.

$120,000

18.19 Acres

Chassell Land with Diverse Forest

18+ acres of surveyed land near Houghton with utilities.

TBDA Worham Road, Chassell, MI 49916

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$36,000

1.00 Acre

Wooded Acre Building Lot

Private 1-acre building lot near MTU Golf Course.

Greenway Drive, Portage, MI 49931

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$36,000

1.10 Acres

Wooded Building Lot Near Golf

Private, wooded 1.1-acre building lot near golf course.

Greenway Drive, Portage, MI 49931

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$499,900

75.95 Acres

Houghton Land Development Opportunity

75+ acres of prime land in Houghton, Michigan.

Cedar Street, Houghton, MI 49931

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Chassell, MI Residential Income Properties Market Trends and Statistics

Explore 2 residential income properties for sale in Chassell, MI on our real estate platform. These investment opportunities span a total of 16,368 square feet of properties for sale, with an estimated market value of $1,280,000.

Sale prices for residential income properties in Chassell, MI start at $640,000, averaging $640,000, and reaching up to $640,000 — 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
49916	$640K

Neighborhood

Average Price

49916

$640K

Chassell, MI Residential Income Properties for Sale

42280 Willson Memorial Drive, Chassell, MI 49916

42280 Willson Memorial Drive, Chassell, MI 49916