Houghton Lake, MI Residential income properties for sale

Updated: Apr 9

Short-Term Rental Property With Shop

5783 W Houghton Lake Drive, Houghton Lake, MI 48629

$799,900

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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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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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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See hot listings in Houghton Lake

Scored against comparables nationwide. These are worth a look.

Cap Rate available after sign in

Est. NOI available after sign in

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Based on your search, we've compiled 14 Potential Opportunities for your consideration. Besides 3 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.

New Ranch Duplex

447-449 S Main Street, Roscommon, MI 48653

$304,000

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

447 & 449 S Main Street, Roscommon, MI 48653

$304,000

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

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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17-Unit Lakefront Apartment Building

104 W Houghton Lake Dr, Prudenville, MI 48651

$1,199,999

16,304 sqft

Apartment property with private frontage on Houghton Lake’s East Bay and hospitality-oriented zoning.

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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

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

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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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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Residential Land Near Lake James

Lake James Drive, Prudenville, MI 48651

Contact for pricing

0.91 AC lot

0.91 acre residential lot with lake access in Prudenville.

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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

Estimated value:

No data

1.41 AC lot

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Land

350 Michelson Rd, Houghton Lake, MI 48629

Estimated value:

No data

31.00 AC lot

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Land

8000 Houghton Lake Dr, Houghton Lake, MI 48629

Estimated value:

No data

9.24 AC lot

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Houghton Lake, MI Residential Income Properties Market Trends and Statistics

Explore 6 residential income properties for sale in Houghton Lake, MI, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 6,750 square feet of properties for sale, with an estimated market value of $2,199,900.

Sale prices for residential income properties in Houghton Lake, MI start at $700,000, averaging $733,300, and reaching up to $799,900 — 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	$620K

Neighborhood

Average Price

48629

$620K

Houghton Lake, MI Residential Income Properties for Sale

5783 W Houghton Lake Drive, Houghton Lake, MI 48629

5358 W Houghton Lake Drive, Houghton Lake, MI 48629

5358 W Houghton Lake Dr, Houghton Lake, MI 48629

Opportunities in Nearby Cities

447-449 S Main Street, Roscommon, MI 48653

447 & 449 S Main Street, Roscommon, MI 48653

114 Devonshire Drive, Prudenville, MI 48651

104 W Houghton Lake Dr, Prudenville, MI 48651