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    Chassell, MI
    Residential Income

    Chassell, MI Residential Income Properties for Sale

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

    42280 Willson Memorial Drive, Chassell, MI 49916

    $640,000
    8,184 sqft 1.03 AC lot
    10‑unit apartment building with a mix of studio, one‑bedroom, and two‑bedroom units
    Approximately 1.03 acres and 8,184 square feet of living space
    Converted from a motel into apartments between 2010 and 2011; originally constructed in 1950
    Tenant‑controlled HVAC, coin laundry, sprinkler system, and smoke‑free environment
    One wheelchair‑accessible unit
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    10-Unit Apartment Building on US-41
    Updated: May 27
    10-Unit Apartment Building on US-41

    42280 Willson Memorial Drive, Chassell, MI 49916

    $640,000
    8,184 sqft 1.03 AC lot
    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.
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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 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.

    Six-Unit Apartment Building with Laundry Room
    Six-Unit Apartment Building with Laundry Room

    137 Lake Linden Avenue, Laurium, MI 49913

    $229,900
    3,776 sqft 0.28 AC lot

    Six-unit apartment building with on-site laundry room, public water, hot water heating, and wall/window AC units.

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    Mixed-Use Apartment Building
    Mixed-Use Apartment Building

    137 Lake Linden Avenue, Laurium, MI 49913

    $229,900
    3,772 sqft 0.28 AC lot

    Six-unit mixed-use building with five one-bedroom apartments and an on-site laundry room.

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    Duplex with Updated Electrical System
    Duplex with Updated Electrical System

    803 Elm Street, Hancock, MI 49930

    $239,000
    3,040 sqft 0.13 AC lot

    Well-maintained duplex with front and rear entrances, central air, and shared rear-access laundry facilities.

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    Conventional Duplex with Basement Laundry
    Conventional Duplex with Basement Laundry

    319 WHITE Street, Hancock, MI 49930

    $189,500
    1,584 sqft 0.13 AC lot

    Conventional duplex with forced-air heat, hardwood floors, and basement laundry with washer and dryer.

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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.

    Chassell Land with Diverse Forest
    Chassell Land with Diverse Forest

    TBDA Worham Road, Chassell, MI 49916

    $120,000
    18.19 AC lot

    18+ acres of surveyed land near Houghton with utilities.

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    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.

    View details
    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.

    View details

    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 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 2
    Multifamily properties 2

    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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