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Hancock, MI

Residential Income

Hancock, MI Residential Income Properties for Sale

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Houghton, MI Chassell, MI Portage, MI

6 properties

Well-Maintained Duplex with Enclosed Porch

Updated: Jun 14

Well-Maintained Duplex with Enclosed Porch

803 Elm Street, Hancock, MI 49930

$239,000

3,040 sqft · 0.12 AC lot

Duplex built in 1910 with updated electrical system, plus hardwood floors and cable/internet availability
Both units have front and rear entrances and share basement laundry accessible from both units
Main‑floor unit: 1 bedroom, kitchen, full bathroom, and access to an enclosed front porch
Upstairs unit spans two levels: includes 2 bedrooms, full bathroom, kitchen, and additional top‑floor bedrooms with sitting area and half‑bath
Cooling includes wall/window units and ceiling fans; top floor has two mini‑split air conditioning units

Leased Duplex Income Property

Updated: May 31

Leased Duplex Income Property

319 WHITE Street, Hancock, MI 49930

$199,500

1,584 sqft · 0.13 AC lot

Duplex with 4 parking spaces on‑site in Hancock
Upper unit leased at $1,320/month; lower unit leased at $875/month
Both units have owner‑paid heat, lights, and water averaging $475/month including taxes
Newer washer and dryer in the basement
Hardwood floors, forced‑air heating, and porch

Mixed-Use Commercial Building with Potential

Mixed-Use Commercial Building with Potential

307 Quincy Street, Hancock, MI 49930

$300,000

4,950 sqft · 0.04 AC lot

Income-producing property with bar, apartment, and ballroom space.

Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center

Duplex Conversion Opportunity

Duplex Conversion Opportunity

406 N Lincoln Drive, Hancock, MI 49930

$69,000

2,017 sqft · 0.32 AC lot

Residential income property on US-41 with a detached two-car garage that requires repair due to 2018 flood damage.

Mixed-Use Building with Liquor License

Mixed-Use Building with Liquor License

307 Quincy, Hancock, MI 49930

$300,000

0.04 AC lot

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

Hancock Mixed-Use Property for Sale

Hancock Mixed-Use Property for Sale

209 Montezuma, Hancock, MI 49930

$194,900

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

Based on your search, we've compiled 16 Potential Opportunities for your consideration. Besides 6 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.

Multifamily Property Near Portage Lake

Multifamily Property Near Portage Lake

42280 Willson Memorial Drive, Chassell, MI 49916

$640,000

8,184 sqft · 1.03 AC lot

Multifamily property with 10 units near outdoor recreation.

10-Unit Multifamily Apartment Building

10-Unit Multifamily Apartment Building

42280 Willson Memorial Drive, Chassell, MI 49916

$640,000

8,184 sqft · 1.03 AC lot

A renovated, smoke-free 10-unit apartment property with coin laundry, tenant-controlled HVAC, and extensive parking.

Houghton Duplex Investment Opportunity

Houghton Duplex Investment Opportunity

309 W Montezuma Avenue, Houghton, MI 49931

$275,000

2,624 sqft · 0.23 AC lot

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

Premier Student Housing Community

Premier Student Housing Community

408 Fairview St, Houghton, MI 49931

Contact for pricing

A 428-bed student housing community near Michigan Tech.

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 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.

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.

Wooded Building Lot Near Golf

Wooded Building Lot Near Golf

Greenway Drive, Portage, MI 49931

$36,000

1.10 AC lot

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

Wooded Acre Building Lot

Wooded Acre Building Lot

Greenway Drive, Portage, MI 49931

$36,000

1.00 AC lot

Private 1-acre building lot near MTU Golf Course.

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.

MOBILE HOME PARK, TRAILER PARK

21581 1st St, Hancock, MI 49930-9408

Value Estimation by Request

7.29 AC lot

MOBILE HOME PARK, TRAILER PARK

21575 1st St, Hancock, MI 49930-9408

Value Estimation by Request

1.02 AC lot

Hancock, MI Residential Income Properties Market Trends and Statistics

Explore 8 residential income properties for sale in Hancock, MI, showcased through 6 active listings on our real estate platform. These investment opportunities span a total of 11,591 square feet of properties for sale, with an estimated market value of $807,500.

Sale prices for residential income properties in Hancock, MI start at $69,000, averaging $201,875, and reaching up to $300,000 — 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

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	$217.1K

Total CRE Inventory on Market (SF)

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