Houghton Lake, MI Residential income properties for sale

Updated: Apr 9

Vacation Rental Home with Attached Shop

5783 W Houghton Lake Drive, Houghton Lake, MI 48629

$899,999

4,850 sqft 0.67 AC lot

Brick and block construction
Well water source
Multiple en suites for hosting guests or flexible living arrangements
Outdoor putting green and inviting outdoor spaces
Rooftop deck with views of Houghton Lake

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Updated: Jul 16

Residential Income Property with Shop

5783 West Houghton Lake Drive, Houghton Lake, MI 48629

$899,999

0.67 AC lot

Home with multiple en suites for hosting guests or accommodating separate living spaces
Outdoor putting green and inviting entertaining spaces
Rooftop deck for outdoor entertaining
50x80 attached shop with a built‑in lounge area for hobbies, storage, or business use
Views of Houghton Lake

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Renovated Lake-View Residential Income

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

$549,000

2,680 sqft

Rebuilt residence plus an updated duplex provides flexible occupancy with lake views and substantial on-site storage.

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Waterfront Cabin Resort

127 Oneida Drive, Houghton Lake, MI 48629

Contact for pricing

7,000 sqft 1.50 AC lot

Turnkey Northern Michigan waterfront operation with multiple log cabins, private docks, and a waterfront owner’s home.

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Resort with Docks and Sandy Beach

5358 W Houghton Lake Drive, Houghton Lake, MI 48629

$700,000

0.43 AC lot

Own a lakeside resort offering three cabins and a twinplex, with docks and sandy beach on Houghton Lake.

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RV Resort Lot with Corner Site

2757 Owens Unit 130 Drive, Houghton Lake, MI 48629

$69,900

Corner lot with sprinkler system, concrete parking and patio, plus an RV with three slide-outs and dual awnings.

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Based on your search, we've compiled 17 Potential Opportunities for your consideration. Besides 6 Active listings in Houghton Lake, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 3 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.

Cinema, Shop, and Apartment Building

210 W Houghton Avenue, West Branch, MI 48661

$450,000

14,120 sqft 0.29 AC lot

West Branch Cinema and The Yum Yum Shop with two currently rented apartment rentals, plus public street and rear parking.

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Duplex with Private Rear Decks

254 N Burgess Street, West Branch, MI 48661

$195,000

1,856 sqft 0.46 AC lot

Turnkey residential duplex with updated units, in-unit washer and dryer, and private rear decks for each tenant.

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8-Unit Multifamily Apartment Building

1341 S Lakeshore Drive, Lake City, MI 49651

$420,000

4,880 sqft 2.11 AC lot

Fully occupied 8-unit apartment complex with expansion space on a 2.11-acre lot.

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Turnkey Multifamily with Expansion Potential

Lake City, MI 49651

$420,000

2,448 sqft 2.11 AC lot

Fully rented 8-unit apartment complex with development potential.

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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.

Commercial Acreage on Highway M-55

W Houghton Lake Drive, Houghton Lake, MI 48629

$169,000

2.00 AC lot

Vacant commercial land with frontage on M-55.

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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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Wooded Residential Lot

Breckenridge Street, Houghton Lake, MI 48629

Contact for pricing

0.35 AC lot

Residential-zoned vacant lot with paved road frontage, electricity on-site, and natural gas at the street.

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Canal-Front Waterfront Lot

Long Point, Houghton Lake, MI 48629

$114,900

0.25 AC lot

Build overlooking canal frontage with direct access to the North Bay via an easy route under the bridge.

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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.

Multifamily properties

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

Value Estimation by Request

1.41 AC lot

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Land

350 Michelson Rd, Houghton Lake, MI 48629

Value Estimation by Request

31.00 AC lot

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Land

8000 Houghton Lake Dr, Houghton Lake, MI 48629

Value Estimation by Request

9.24 AC lot

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Houghton Lake, MI Residential Income Properties Market Trends and Statistics

Explore 9 residential income properties for sale in Houghton Lake, MI, showcased through 6 active listings on our real estate platform. These investment opportunities span a total of 14,530 square feet of properties for sale, with an estimated market value of $3,118,898.

Sale prices for residential income properties in Houghton Lake, MI start at $69,900, averaging $623,779, and reaching up to $899,999 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

Neighborhood	Average Price
48629	$769.8K

Neighborhood

Average Price

48629

$769.8K

Houghton Lake, MI Residential Income Properties for Sale

5783 W Houghton Lake Drive, Houghton Lake, MI 48629

5783 West Houghton Lake Drive, Houghton Lake, MI 48629

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

127 Oneida Drive, Houghton Lake, MI 48629

5358 W Houghton Lake Drive, Houghton Lake, MI 48629

2757 Owens Unit 130 Drive, Houghton Lake, MI 48629