Residential Income

Prudenville, MI Residential Income Properties for Sale

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35-Unit Apartment Portfolio
Updated: Jul 13
35-Unit Apartment Portfolio

114 Devonshire Drive, Prudenville, MI 48651

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15,198 sqft
35 apartment units across multiple multifamily buildings
Three parcels of land included in the offering
Fully occupied with all units rented
Located near Houghton Lake
114 Devonshire Drive, Prudenville, MI 48651
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17-Unit Lakefront Apartment Building
Updated: Nov 22, 2025
17-Unit Lakefront Apartment Building

104 W Houghton Lake Dr, Prudenville, MI 48651

$1,199,999
16,304 sqft
17‑unit apartment building completed in 2014
Private frontage on Houghton Lake’s East Bay
All‑sports lake setting
VMU zoning
Central air, forced‑air heating, and natural gas
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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 10 Potential Opportunities for your consideration. Besides 2 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.

New Ranch Duplex
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
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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Lakeside Resort with Cabins
Lakeside Resort with Cabins

5358 W Houghton Lake Drive, Houghton Lake, MI 48629

$700,000
0.43 AC lot

Three cabins and a twinplex provide multiple lodging configurations along Houghton Lake.

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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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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 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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Residential Land Near Lake James
Residential Land Near Lake James

Lake James Drive, Prudenville, MI 48651

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0.91 AC lot

0.91 acre residential lot with lake access in Prudenville.

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Houghton Lake Buildable Lot
Houghton Lake Buildable Lot

Questview Drive, Houghton Lake, MI 48629

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Buildable lot with golf course views and lake access.

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Land Overlooking Redwood Golf Course
Land Overlooking Redwood Golf Course

.57 Acres N Markey Road, Roscommon, MI 48653

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Large building site near South Higgins Lake State Park.

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Prudenville, MI Residential Income Properties Market Trends and Statistics

Explore 2 residential income properties for sale in Prudenville, MI on our real estate platform. These investment opportunities span a total of 31,502 square feet of properties for sale, with an estimated market value of $1,199,999.

Sale prices for residential income properties in Prudenville, MI average $1,199,999 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Apartment buildings 2
Multifamily properties 2

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 $1.3M

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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