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    Hancock, MI
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    Hancock, MI Residential Income Properties for Sale

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    Houghton, MI Portage, MI South Range, MI Dollar Bay, MI Chassell, MI Atlantic Mine, MI Hubbell, MI Lake Linden, MI
    Duplex with Updated Electrical System
    Updated: Jun 16
    Duplex with Updated Electrical System

    803 Elm Street, Hancock, MI 49930

    $239,000
    3,040 sqft 0.13 AC lot
    Completely updated electrical system
    Front and rear entrances for both units
    Upper unit spans two levels with four bedrooms plus sitting area
    Main floor unit includes enclosed front porch access
    Shared basement laundry facilities accessible from the rear of both units
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    Duplex with Enclosed Front Porch
    Updated: Jun 14
    Duplex with Enclosed Front Porch

    803 Elm Street, Hancock, MI 49930

    $239,000
    3,040 sqft 0.12 AC lot
    0.12‑acre lot with 3,040 square feet total building area
    Built in 1910 duplex with separate front and rear entrances
    Completely updated electrical system
    Main unit includes enclosed front porch access
    Upstairs top floor includes two mini‑split air conditioning units
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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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    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 13 Potential Opportunities for your consideration. Besides 3 Active listings in Hancock, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 2 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.

    10-Unit Apartment Building on US-41
    10-Unit Apartment Building on US-41

    42280 Willson Memorial Drive, Chassell, MI 49916

    $640,000
    8,184 sqft 1.03 AC lot

    10-unit apartment building with studio through two-bedroom units, updated interiors, parking, coin laundry, and sprinkler system.

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    10-Unit Apartment Building
    10-Unit Apartment Building

    42280 Willson Memorial Drive, Chassell, MI 49916

    $640,000
    8,184 sqft 1.03 AC lot

    Multifamily property with mixed unit sizes, updated interiors, tenant-controlled HVAC, coin laundry, and extensive parking.

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    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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    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.

    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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    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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    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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    Off-Market Properties in Hancock, MI

    Consider similar Off-Market properties in Hancock, 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.

    21581 1st St
    MOBILE HOME PARK, TRAILER PARK

    21581 1st St, Hancock, MI 49930-9408

    Value Estimation by Request
    7.29 AC lot
    View details
    21575 1st St
    MOBILE HOME PARK, TRAILER PARK

    21575 1st St, Hancock, MI 49930-9408

    Value Estimation by Request
    1.02 AC lot
    View details

    Hancock, MI Residential Income Properties Market Trends and Statistics

    Explore 5 residential income properties for sale in Hancock, MI, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 7,664 square feet of properties for sale, with an estimated market value of $667,500.

    Sale prices for residential income properties in Hancock, MI start at $189,500, averaging $222,500, and reaching up to $239,000 — 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

    Duplexes 3
    Multifamily properties 3

    Demographics Overview

    Population 7,199
    Population Growth (5Y) -1.1%
    Median Household Income $67,946
    College Educated 60.0%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    49930 $222.5K

    Total CRE Inventory on Market (SF)

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