Residential Income

Prudenville, MI Residential Income Properties for Sale

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Houghton Lake, MI Roscommon, MI Houghton Lake Heights, MI Saint Helen, MI Harrison, MI Gladwin, MI Merritt, MI Marquette, MI
Former School Redevelopment Opportunity
Updated: Aug 19, 2025
Former School Redevelopment Opportunity

604 Sullivan Avenue, Prudenville, MI 48651

$325,000
32,770 sqft
32,770 sq ft of versatile space suitable for redevelopment.
Ideal for conversion to commercial, residential, or mixed‑use.
Prime location near the public beach.
Proximity to Trestle Park.
Exceptional investment opportunity.
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Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 1 Active listings in Prudenville, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities, 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
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
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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Waterfront Cabin Resort
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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RV Resort Lot with Corner Site
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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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
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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Residential Land Near Lake James
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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Wooded Residential Lot
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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Recreational Land with Wooded Acres
Recreational Land with Wooded Acres

4457 E W Branch Road, Prudenville, MI 48651

$95,000
24.50 AC lot

24.5-acre wooded parcel suited for residential or recreational development, with cutting already completed on portions of the site.

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Prudenville, MI Residential Income Properties Market Trends and Statistics

Explore 1 residential income properties for sale in Prudenville, MI on our real estate platform. These investment opportunities span a total of 32,770 square feet of properties for sale, with an estimated market value of $325,000.

Sale prices for residential income properties in Prudenville, MI average $325,000 — 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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Demographics Overview

Population 4,331
Population Growth (5Y) -11.0%
Median Household Income $42,938
College Educated 30.1%

High-Yield Neighborhoods for Investment

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

Neighborhood Average Price
48651 $325K

Taxes & Financing

Tax Rate (average for all types) 3.34%
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Roscommon County

New Delisted

Total CRE Inventory on Market (SF)

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