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Hancock, MI Residential Income Properties for Sale

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Houghton, MI Atlantic Mine, MI South Range, MI

Mixed-Use Commercial Building with Potential

$300,000

4,950 SF

Mixed-Use Commercial Building with Potential

307 Quincy Street, Hancock, MI 49930

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

Fully equipped, ready‑to‑operate bar with included liquor license.
Income‑producing property with both commercial (bar) and residential (3‑bedroom apartment) spaces.
Enjoy waterfront views of the Portage Canal.
Residential apartment features updated kitchen and hardwood floors.
Basement provides ample storage space.

Updated: Jan 19

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$300,000

0.04 Acres

Mixed-Use Building with Liquor License

307 Quincy, Hancock, MI 49930

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

Unique mixed‑use commercial building offering diverse income streams and potential.
Fully equipped bar with a valuable liquor license included, ready for immediate operation and income generation.
Functional kitchen designed for pub‑style fare.
Ample basement storage space to support bar operations.
Three‑bedroom residential apartment on the second floor, perfect for owner‑occupancy or rental income.

Updated: Mar 5

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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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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.

$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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Calumet Duplex with Renovation Potential

$65,000

1,728 SF

Calumet Duplex with Renovation Potential

Duplex in Calumet, MI, with renovation and investment potential.

56430-56432 Middle Street, Calumet, MI 49913

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$49,900

1,193 SF

Calumet Duplex Near Downtown

Duplex in Calumet, close to downtown, restaurants, and shopping.

25417 Elm Street, Calumet, MI 49913

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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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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.

$39,900

0.28 Acres

Houghton Land Ready For Development

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

TBD2 Datolite Street, Houghton, 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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$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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$750,000

34.89 Acres

Torch Lake Development Opportunity

34.89 acres with 1700+ feet of Torch Lake frontage.

52634 M26 Highway, Lake Linden, MI 49945

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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 • 7.29 Acres

Value Estimation by Request

21581 1st St, Hancock, MI 49930-9408

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21575 1st St

MOBILE HOME PARK, TRAILER PARK • 1.02 Acres

Value Estimation by Request

21575 1st St, Hancock, MI 49930-9408

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Hancock, MI Residential Income Properties Investment Opportunities Market Analysis

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 4,950 square feet of properties for sale, with an estimated market value of $300,000.

Sale prices for residential income properties in Hancock, MI start at $300,000, averaging $300,000, 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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Demographics Overview

Population 7,199

Population Growth (5Y) -1.1%

Median Household Income $67,946

College Educated 60.0%

High-Yield Neighborhoods for Strategic Investment

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

Neighborhood	Average Price
49930	$265K

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Hancock, MI Residential Income Properties for Sale