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    Chassell, MI
    Residential Income

    Chassell, MI Residential Income Properties for Sale

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    Lake Linden, MI Houghton, MI Portage, MI Dollar Bay, MI South Range, MI Hancock, MI Baraga, MI Pelkie, MI
    10-Unit Apartment Building
    Updated: May 27
    10-Unit Apartment Building

    42280 Willson Memorial Drive, Chassell, MI 49916

    $640,000
    8,184 sqft 1.03 AC lot
    10‑unit multifamily property with studio, one‑bedroom, and two‑bedroom units
    Approximately 8,184 square feet on approximately 1.03 acres
    Converted from motel use to apartments during 2010–2011
    Directly positioned on US‑41, approximately 7.6 miles from Houghton
    Updated insulation, drywall, flooring, windows, roofing, boiler systems, soffits, and fascia
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    10-Unit Apartment Building
    Updated: May 27
    10-Unit Apartment Building

    42280 Willson Memorial Drive, Chassell, MI 49916

    $640,000
    8,184 sqft 1.03 AC lot
    10‑unit apartment property with studio, one‑bedroom, and two‑bedroom layouts
    Approximately 8,184 square feet on approximately 1.03 acres
    Converted from motel use to apartments during 2010‑2011
    Directly on US‑41 and approximately 7.6 miles from Houghton
    Adjacent to Chassell Centennial Park with views toward Pike Bay and Portage Lake
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    Renovated 10-Unit Apartment Building
    Renovated 10-Unit Apartment Building

    42280 Willson Memorial Drive, Chassell, MI 49916

    $640,000
    8,184 sqft 1.03 AC lot

    Renovated multifamily property with mixed unit types, tenant-controlled HVAC, and coin laundry.

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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 11 Potential Opportunities for your consideration. Besides 3 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.

    Two-Story Duplex with Parking
    Two-Story Duplex with Parking

    319 WHITE Street, Hancock, MI 49930

    $189,500
    1,584 sqft 0.13 AC lot

    Leased two-unit property with a basement, updated upper-level bathroom, porch, and in-place appliances.

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    6-Unit Apartment Building with Commercial Space
    6-Unit Apartment Building with Commercial Space

    137 Lake Linden Avenue, Laurium, MI 49913

    $229,900
    3,776 sqft 0.28 AC lot

    Five apartments, an additional commercial component, and on-site laundry serve residential and business-oriented occupancy needs.

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    Duplex with Four Parking Spaces
    Duplex with Four Parking Spaces

    319 East White Street, Hancock, MI 49930

    $189,500
    1,584 sqft

    Two leased units with owner-paid heat, electricity, water, and taxes, plus laundry equipment in the basement.

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    Six-Unit Mixed-Use Property
    Six-Unit Mixed-Use Property

    137 Lake Linden Avenue, Laurium, MI 49913

    $229,900
    3,772 sqft 0.28 AC lot

    Mixed residential and commercial configuration with on-site laundry and off-street parking in Laurium.

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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.

    Wooded Acre Building Lot
    Wooded Acre Building Lot

    Greenway Drive, Portage, MI 49931

    $41,000
    1.00 AC lot

    Private 1-acre building lot near MTU Golf Course.

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    Wooded Building Lot Near Golf
    Wooded Building Lot Near Golf

    Greenway Drive, Portage, MI 49931

    $41,000
    1.10 AC lot

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

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    Houghton Land Development Opportunity
    Houghton Land Development Opportunity

    Cedar Street, Houghton, MI 49931

    $499,900
    75.95 AC lot

    75+ acres of prime land in Houghton, Michigan.

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    Houghton Land Ready For Development
    Houghton Land Ready For Development

    TBD2 Datolite Street, Houghton, MI 49931

    $35,000
    0.28 AC lot

    Vacant land zoned R-3, ideal for residential development.

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    Chassell, MI Residential Income Properties Market Trends and Statistics

    Explore 3 residential income properties for sale in Chassell, MI, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 24,552 square feet of properties for sale, with an estimated market value of $1,920,000.

    Sale prices for residential income properties in Chassell, MI average $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.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Apartment buildings 3
    Multifamily properties 3

    Demographics Overview

    Population 3,157
    Population Growth (5Y) +7.8%
    Median Household Income $77,000
    College Educated 51.6%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    49916 $640K

    Total CRE Inventory on Market (SF)

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