Advertise
    Houghton Lake, MI
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Property Types
    1
    • Retail
    • Office
    • Residential Income
    • Restaurants
    • Industrial
    • Warehouse
    • Mixed-Use
    • Hospitality
    • Health Care
    • Sports & Entertainment
    • Land
    • Agricultural
    • Parking & Garage
    • Specialty
    Price
    Price
    $
    $

    Houghton Lake, MI Residential Income Properties for Sale

    Notify Me
    List
    Map
    Houghton Lake Heights, MI Prudenville, MI Roscommon, MI
    7 listings
    Residential Income Property with Shop
    $999,000
    4,850 SF
    Residential Income Property with Shop

    5783 W Houghton Lake Drive, Houghton Lake, MI 48629

    Multiple en suites and a 50x80 attached shop support guest hosting, hobbies, and flexible on-site use.
    • 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
    Updated: Apr 9
    View details
    Renovated Houghton Lake Multi-Family Property
    $550,000
    2,680 SF
    Renovated Houghton Lake Multi-Family Property

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

    Updated property with lake views, rental income potential, and pole barn.
    • Ranch home rebuilt and renovated with year built 2023 features durable vinyl and faux‑stone siding
    • Open layout with kitchen flowing into living room, plus a doorwall framing views of the South Shore of Houghton Lake
    • 3 bedrooms with 2 full bathrooms and a convenient half bath; includes a laundry room
    • Primary suite with walk‑in shower and porcelain tile plus river rock flooring; walk‑in closet with wall safe
    • Central air with forced‑air natural gas heating; includes ceiling fans and vinyl floors
    Updated: Feb 14
    View details
    Resort with Docks and Sandy Beach
    $700,000
    0.43 Acres
    Resort with Docks and Sandy Beach

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

    5358 W Houghton Lake Drive, Houghton Lake, MI 48629

    View details
    Single-Family Home with Attached Shop
    $999,000
    0.67 Acres
    Single-Family Home with Attached Shop

    Single-family home with multiple en suites, rooftop deck, putting green, and a 50x80 attached shop with lounge area.

    5783 West Houghton Lake Drive, Houghton Lake, MI 48629

    View details
    Waterfront Cabin Resort
    $1,500,000
    7,000 SF
    Waterfront Cabin Resort

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

    127 Oneida Drive, Houghton Lake, MI 48629

    View details
    Waterfront RV Resort Lot with Camper
    $42,000
    Waterfront RV Resort Lot with Camper

    Turnkey waterfront RV lot with utilities and an included 2013 camper trailer, plus private outdoor space overlooking a pond.

    2757 Owens Unit 65 Drive, Houghton Lake, MI 48629

    View details
    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 Drive, Houghton Lake, MI 48629

    View details
    Based on your search, we've compiled 18 Potential Opportunities for your consideration. Besides 7 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.

    Higgins Lake Mixed-Use Opportunity
    $234,900
    2,983 SF
    Higgins Lake Mixed-Use Opportunity

    Versatile property near Higgins Lake with multiple income streams.

    10028 W Higgins Lake, Roscommon, MI 48653

    View details
    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 Drive, Lake City, MI 49651

    View details
    Turnkey Multifamily with Expansion Potential
    $420,000
    2,448 SF
    Turnkey Multifamily with Expansion Potential

    Fully rented 8-unit apartment complex with development potential.

    Lake City, MI 49651

    View details
    Top-Floor Condo with Nature Views
    $125,000
    1,344 SF
    Top-Floor Condo with Nature Views

    Bright condo with two suites, nature views, and garage.

    Roscommon, MI 48653

    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 Buildable Lot
    Contact for pricing
    Houghton Lake Buildable Lot

    Buildable lot with golf course views and lake access.

    Questview Drive, Houghton Lake, MI 48629

    View details
    Commercial Acreage on Highway M-55
    $169,000
    2.00 Acres
    Commercial Acreage on Highway M-55

    Vacant commercial land with frontage on M-55.

    W Houghton Lake Drive, Houghton Lake, MI 48629

    View details
    Residential Land Overlooking Golf Course
    Contact for pricing
    0.57 Acres
    Residential Land Overlooking Golf Course

    Residential land for sale on White Deer Golf Course.

    W Nestel Road lot: 21, Prudenville, MI 48651

    View details
    Wooded Vacant Lot with Utilities
    Contact for pricing
    0.35 Acres
    Wooded Vacant Lot with Utilities

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

    Breckenridge Street, Houghton Lake, MI 48629

    View details

    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
    Lot: 1.41 Acres
    Value Estimation by Request
    Nwc Huntington Rd & Reserve Rd

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

    View details
    350 Michelson Rd
    Land
    Lot: 31.00 Acres
    Value Estimation by Request

    350 Michelson Rd, Houghton Lake, MI 48629

    View details
    8000 Houghton Lake Dr
    Land
    Lot: 9.24 Acres
    Value Estimation by Request

    8000 Houghton Lake Dr, Houghton Lake, MI 48629

    View details

    Houghton Lake, MI Residential Income Properties Market Trends and Statistics

    Explore 10 residential income properties for sale in Houghton Lake, MI, showcased through 7 active listings on our real estate platform. These investment opportunities span a total of 24,530 square feet of properties for sale, with an estimated market value of $4,549,000.

    Sale prices for residential income properties in Houghton Lake, MI start at $550,000, averaging $1,137,250, and reaching up to $1,500,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

    List
    Map

    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Multifamily properties 7
    Short term rental properties 4
    Duplexes 2
    Mobile home & RV parks 2
    Single family properties 2

    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 $821.9K

    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)

    Need Help?

    Reach out if you need assistance with Realmo tools or have questions about your listings

    Contact Us

    Popular Searches in Houghton Lake, MI

    Popular Categories

    Most Searched ZIP Codes in Houghton Lake, MI

    • 48629

    Select Neighborhood

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!