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    Houghton Lake, MI Residential Income Properties for Sale

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    Renovated Multi-Family with Lake Views
    $550,000
    2,680 SF

    Renovated Multi-Family with Lake Views

    5257/5259 W Houghton Lake Dr, Houghton Lake, MI 48629

    Upgraded property with rental income potential near Houghton Lake.

    • Stunning lake views of Houghton Lake's South Shore
    • Renovated duplex with rental income potential or guest space
    • Completely renovated in 2023 with modern upgrades and open layout
    • Spacious home with 3 bedrooms and 2.5 bathrooms
    • Over 3/4 acre lot with a pole barn for storage or workshop
    Updated: Feb 27
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    Houghton Lake Waterfront Cabin Resort
    $1,190,000
    6,476 SF

    Houghton Lake Waterfront Cabin Resort

    10913 E Houghton Lake Dr, Houghton Lake, MI 48629

    Lakefront cabin resort on Houghton Lake with multiple residences.

    • Profitable, established lakefront cabin resort almost fully booked for 2026, offering immediate income potential.
    • Prime location on Houghton Lake with 150 feet of sandy lake frontage and panoramic views.
    • Includes 7 two‑bedroom cabins, a three‑bedroom lakefront home, and an additional two‑bedroom home.
    • Family‑friendly amenities include two large docks, firepits, a playground, and a basketball court.
    • Main residence features knotty pine decor and a large garage.
    Updated: Nov 30, 2025
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    Waterfront Resort with Rental Income
    $1,500,000
    10,000 SF

    Waterfront Resort with Rental Income

    Waterfront home, RV park, and rentals on Houghton Lake.

    10360 West Shore Dr, Houghton Lake, MI 48629
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    Houghton Lake Year-Round Retreat
    $249,900

    Houghton Lake Year-Round Retreat

    Two-unit complex near Houghton Lake, ideal for various uses.

    201-203 Gasoline Aly, Houghton Lake, MI 48629
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    Houghton Lake Commercial Land Investment
    $225,000
    1.41 Acres

    Houghton Lake Commercial Land Investment

    1.41 Acres, Prime Houghton Lake Location

    0 Nwc Huntington Rd & Reserve Rd, Houghton Lake, MI 48629
    View details
    Based on your search, we've compiled 11 Potential Opportunities for your consideration. Besides 5 Active listings in Houghton Lake, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 2 Land Listings that present a potential for development.

    Explore Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Higgins Lake Mixed-Use Opportunity
    $269,900
    2,983 SF

    Higgins Lake Mixed-Use Opportunity

    Versatile property near Higgins Lake with multiple income streams.

    10028 W Higgins Lake Rd, Roscommon, MI 48653
    View details
    Commercial Property with Living Quarters
    $250,000

    Commercial Property with Living Quarters

    Commercial property in Roscommon, MI with on-site living quarters.

    1775 N M-18, Roscommon, MI 48653
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    Lake City Multifamily Investment Opportunity
    $420,000
    4,880 SF

    Lake City Multifamily Investment Opportunity

    Turnkey 8-unit multifamily property with expansion potential in Lake City, MI.

    1341 S Lakeshore Dr, Lake City, MI 49651
    View details
    Lake Missaukee Waterfront Mixed-Use Property
    $429,000
    3,331 SF

    Lake Missaukee Waterfront Mixed-Use Property

    Mixed-use property with immediate income potential and long-term lifestyle value.

    218 S Main St, Lake City, MI 49651
    View details

    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 Lake Hunting and Recreation
    $549,900
    170.00 Acres

    Houghton Lake Hunting and Recreation

    170 acre hunting and recreation land near Houghton Lake.

    S Loxley Rd, Houghton Lake, MI 48629
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    Commercial Land on Highway M-55
    $159,000
    2.00 Acres

    Commercial Land on Highway M-55

    Two-acre commercial land with highway frontage and billboard income.

    W Houghton Lake Dr, Houghton Lake, MI 48629
    View details

    Explore Off-Market Properties in Houghton Lake, MI

    Consider similar Off-Market properties in Houghton Lake, 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.

    8000 Houghton Lake Dr

    8000 Houghton Lake Dr

    Land • 9.24 Acres
    Value Estimation by Request
    8000 Houghton Lake Dr, Houghton Lake, MI 48629
    View details
    Nwc Huntington Rd & Reserve Rd

    Nwc Huntington Rd & Reserve Rd

    Multifamily properties • 1.41 Acres
    Value Estimation by Request
    0 Nwc Huntington Rd & Reserve Rd, Houghton Lake, MI 48629
    View details
    350 Michelson Rd

    350 Michelson Rd

    Land • 31.00 Acres
    Value Estimation by Request
    350 Michelson Rd, Houghton Lake, MI 48629
    View details

    Houghton Lake, MI Residential Income Properties Investment Opportunities Market Analysis

    Explore 8 residential income properties for sale in Houghton Lake, MI, showcased through 5 active listings on our real estate platform. These investment opportunities span a total of 196,456 square feet of properties for sale, with an estimated market value of $1,965,000.

    Sale prices for residential income properties in Houghton Lake, MI start at $225,000, averaging $655,000, and reaching up to $1,190,000 — 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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