Residential Income

South Range, MI Residential Income Properties for Sale

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Houghton, MI Atlantic Mine, MI Portage, MI Hancock, MI Chassell, MI Dollar Bay, MI Lake Linden, MI Toivola, MI
Renovated Mixed-Use Pub Property
Updated: May 11
Renovated Mixed-Use Pub Property

31 Trimountain Avenue, South Range, MI 49965

$559,000
3,552 sqft 0.39 AC lot
3,552‑square‑foot mixed‑use building on a 0.39‑acre site
Main‑floor pub with liquor license and kitchen for standard bar fare
Three‑bedroom, two‑full‑bath upper apartment primarily used as a short‑term rental
Pub seating for about 70 with shuffleboard, pool table, and electronic dart board
Trail 3 is directly behind the building at 31 Trimountain Avenue
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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 South Range, 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.

10-Unit Apartment Building
10-Unit Apartment Building

42280 Willson Memorial Drive, Chassell, MI 49916

$640,000
8,184 sqft 1.03 AC lot

Renovated multifamily property offering studio, one-bedroom, and two-bedroom residences with tenant-controlled HVAC and coin laundry.

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10-Unit Apartment Building
10-Unit Apartment Building

42280 Willson Memorial Drive, Chassell, MI 49916

$640,000
8,184 sqft 1.03 AC lot

Multifamily property with mixed unit sizes, updated interiors, tenant-controlled HVAC, coin laundry, and extensive parking.

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Updated Duplex with Flexible Layout
Updated Duplex with Flexible Layout

803 Elm Street, Hancock, MI 49930

$229,900
3,040 sqft 0.12 AC lot

Two residential units offer separate entrances, shared laundry, porch space, and access to parking from the side and alley.

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Updated Duplex Near Downtown
Updated Duplex Near Downtown

803 Elm Street, Hancock, MI 49930

$229,900
3,040 sqft 0.13 AC lot

Two leased residences provide separate entrances, shared laundry, and parking areas assigned by unit.

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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 Land Development Opportunity
Houghton Land Development Opportunity

Cedar Street, Houghton, MI 49931

$499,900
75.95 AC lot

75+ acres of prime land in Houghton, Michigan.

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Houghton Land Ready For Development
Houghton Land Ready For Development

TBD2 Datolite Street, Houghton, MI 49931

$35,000
0.28 AC lot

Vacant land zoned R-3, ideal for residential development.

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Wooded Building Lot Near Golf
Wooded Building Lot Near Golf

Greenway Drive, Portage, MI 49931

$41,000
1.10 AC lot

Private, wooded 1.1-acre building lot near golf course.

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Wooded Acre Building Lot
Wooded Acre Building Lot

Greenway Drive, Portage, MI 49931

$41,000
1.00 AC lot

Private 1-acre building lot near MTU Golf Course.

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South Range, MI Residential Income Properties Market Trends and Statistics

Explore 1 residential income properties for sale in South Range, MI on our real estate platform. These investment opportunities span a total of 3,552 square feet of properties for sale, with an estimated market value of $559,000.

Sale prices for residential income properties in South Range, MI average $559,000 — 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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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Multifamily properties 1
Short term rental properties 1

Demographics Overview

Population 621
Median Household Income $55,250
College Educated 17.2%

High-Yield Neighborhoods for Investment

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

Neighborhood Average Price
Toivola - 49965 $559K

Listings Trend

New vs delisted commercial listings in Houghton County

New Delisted

Total CRE Inventory on Market (SF)

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