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    Houghton Lake, MI
    Residential Income

    Houghton Lake, MI Residential Income Properties for Sale

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    Houghton Lake Heights, MI Prudenville, MI Roscommon, MI Falmouth, MI Merritt, MI Harrison, MI Saint Helen, MI Gladwin, MI
    Short-Term Rental Property With Shop
    Updated: Apr 9
    Short-Term Rental Property With Shop

    5783 W Houghton Lake Drive, Houghton Lake, MI 48629

    $675,000
    6,750 sqft 0.67 AC lot
    Approximately 2,750 sq. ft. of living space
    50' x 80' shop with built‑in lounge area
    Rooftop deck with Houghton Lake views
    Multiple en suites and spacious gathering areas
    Outdoor putting green
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    Lakeside Resort with Cabins
    Updated: Jun 21
    Lakeside Resort with Cabins

    5358 W Houghton Lake Drive, Houghton Lake, MI 48629

    $700,000
    0.43 AC lot
    Three individual cabins plus a twinplex
    Docks and sandy beach on Houghton Lake
    Twinplex basement includes an egress window with lake view
    Paddle boat and 3 small boats included
    0.43 acres at 5358 W Houghton Lake Drive
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    Mixed-Use Property with Large Shop
    Mixed-Use Property with Large Shop

    5783 W Houghton Lake Drive, Houghton Lake, MI 48629

    $675,000
    6,750 sqft

    A residence with multiple en suites pairs with a substantial shop featuring a built-in lounge.

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    See hot listings in Houghton Lake

    Scored against comparables nationwide. These are worth a look.

    Scored against comparables nationwide. These are worth a look.

    Cap Rate available after sign in
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    Waterfront Cabin Resort
    Waterfront Cabin Resort

    127 & 128 Oneida Drive, Houghton Lake, MI 48629

    $1,350,000
    6,800 sqft

    Eight furnished cabins and a separate lakefront residence form a lodging operation with guest amenities and municipal sewer service.

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    Lakefront Resort with Sandy Beach
    Lakefront Resort with Sandy Beach

    5358 W Houghton Lake Dr, Houghton Lake, MI 48629

    $700,000

    Hospitality property with multiple guest accommodations, private lake access, docks, and recreational equipment.

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    5 active listings match your search: Residential Income for sale in Houghton Lake, MI. Based on your search, we've also compiled 11 Potential Opportunities for your consideration: 4 properties in nearby cities, 3 off-market properties to explore as potential leads, and 4 land listings with development potential.

    Opportunities in Nearby Cities

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

    New Ranch Duplex
    New Ranch Duplex

    447-449 S Main Street, Roscommon, MI 48653

    $279,900
    1,536 sqft 0.30 AC lot

    Two single-story residences provide two bedrooms, one bathroom, and laundry hookups per unit.

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    Ranch Duplex
    Ranch Duplex

    447 & 449 S Main Street, Roscommon, MI 48653

    $279,900
    1,536 sqft

    Newly built duplex with efficient layouts, covered porches, natural-gas heating, and public water and sewer service.

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    35-Unit Apartment Portfolio
    35-Unit Apartment Portfolio

    114 Devonshire Drive, Prudenville, MI 48651

    Contact for pricing
    15,198 sqft

    Fully occupied multifamily buildings spanning three parcels near Houghton Lake.

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    Three-Home Vacation Rental Property
    Three-Home Vacation Rental Property

    400 HOUGHTON VIEW Drive, Prudenville, MI 48651

    $699,900

    Three furnished residences operate year-round, with lake access and guest-ready kitchens, furnishings, and in-home amenities.

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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 Lake Buildable Lot
    Houghton Lake Buildable Lot

    Questview Drive, Houghton Lake, MI 48629

    Contact for pricing

    Buildable lot with golf course views and lake access.

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    Commercial Land Along Highway
    Commercial Land Along Highway

    W Houghton Lake Drive, Houghton Lake, MI 48629

    $169,000
    2.00 AC lot

    Two-acre commercial land parcel with Village Mixed zoning and highway frontage in Houghton Lake.

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    Land Overlooking Redwood Golf Course
    Land Overlooking Redwood Golf Course

    .57 Acres N Markey Road, Roscommon, MI 48653

    Contact for pricing

    Large building site near South Higgins Lake State Park.

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    Hunting Land with Mobile Home
    Hunting Land with Mobile Home

    7780 N Harrison Avenue, Harrison, MI 48625

    $134,900
    20.00 AC lot

    A 20-acre tract in Clare County with a mobile home and hunting-oriented land configuration.

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    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.

    Nwc Huntington Rd & Reserve Rd
    Multifamily properties

    0 Nwc Huntington Rd & Reserve Rd, Houghton Lake, MI 48629

    Estimated value: by Request
    1.41 AC lot
    View details
    350 Michelson Rd
    Land

    350 Michelson Rd, Houghton Lake, MI 48629

    Estimated value: by Request
    31.00 AC lot
    View details
    8000 Houghton Lake Dr
    Land

    8000 Houghton Lake Dr, Houghton Lake, MI 48629

    Estimated value: by Request
    9.24 AC lot
    View details

    Houghton Lake, MI Residential Income Properties Market Trends and Statistics

    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 20,300 square feet of properties for sale, with an estimated market value of $4,100,000.

    Sale prices for residential investment properties in Houghton Lake, MI start at $675,000, averaging $820,000, and reaching up to $1,350,000 — 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

    Multifamily properties 4
    Short term rental properties 3

    Demographics Overview

    Population 7,922
    Population Growth (5Y) +7.5%
    Median Household Income $54,622
    College Educated 25.4%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    48629 $687.5K

    Taxes & Financing

    Tax Rate (average for all types) 3.50%
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Roscommon County

    New Delisted

    Total CRE Inventory on Market (SF)

    How Realmo verifies these figures

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    Popular Searches in Houghton Lake, MI

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    Most Searched ZIP Codes in Houghton Lake, MI

    • 48629

    Featured Houghton Lake Real Estate Agencies

    Realmo connects you with licensed Houghton Lake CRE brokers providing property specifications, local market pricing, and commercial transaction underwriting support.

    Midge & Co - Houghton Lake
    3540 W. Houghton Lake Drive Houghton Lake, MI
    Phone: (989) 202-4343
    www.midgeandco.com
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