$10,000

closing credit¹

208 E Montezuma Ave Houghton, MI 49931

$950,000
5 beds
2 full, 2 partial
3,500 sqft
0.1 acres
$271 / sqft
Multi-Family

Property details

About 208 E Montezuma Ave

Downtown Houghton – Mixed use building in the heart of the City of Houghton! Building is currently set up as 2 commercial units and 2 residential units with 6 parking spaces in garage beneath the units. The location is fantastic located one block above the main Street of Houghton with restaurants, shopping, waterfront parks, trail along the lake, close to Michigan Tech and more! Unit 1 has 2 private offices, reception/waiting area, supply room and half bathroom. Unit two includes 3 offices, reception area and half bathroom. The third office has access options from either Unit 1 or 2, depending on the lease terms and currently included in Unit 2’s lease. Unit 3 is a 3 bedroom, 1 bathroom apartment with eat-in kitchen, living room. Unit 4 is a 2 bedroom, 1 bathroom apartment with eat-in kitchen and living room. Both residential units have granite counters, beautiful cabinetry and access to their own half of the deck overlooking the downtown building-scape, glimpses of the Portage Lake Lift Bridge, the hillside across the Portage and maybe even a glimpse of the water from some angles. Units 1, 3 and 4 have access through the drive under garage. Currently the 6 parking spaces are allocated: Unit 2 has 1, Unit 3 has 3 and Unit 4 has 2. Each unit has separate utilities that tenants pay. Building has fire suppression system. Residential leases are through June 2025. Commercial leases are through November 2025. Each unit has own heating system and water heater. Staircase inside building to access roof. Property zoning is B-3 (General Business). Some photos are from previous years between tenant occupancies. Prequalification letter is required for showings. Prequalification letter and non-disclosure agreement is required to review lease information. Year Built: Foundation is original from 1900. Main level was constructed in 2010. NOTICE: All information believed accurate but not warranted. Buyer recommended to inspect all aspects of the property & bears all risks for any inaccuracies. Buyer to verify all information including but not limited to the estimated acreage, lot size, square footage, utilities (availability & costs associated). Buyer should not assume the buyer’s taxes will be the same as seller’s present tax bills. Taxes are subject to change (possibly significant) & property will be reassessed by the municipality after sale is completed. Sellers/Tenants may have audio/video recording devices present on property and buyers and agents consent to being recorded by entering property. OFFERS: 72 hours response time requested on offers. Seller, at seller's sole discretion, with or without notice, reserves the right to set and/or modify offer submission & response deadlines.

Highlights

Home typeMulti Family
HeatingForced Air
StatusActive
CoolingCentral Air
Size3,500 sqft
BasementYes
Lot size0.11 Acres
Year built2010
ParkingGarage
MLS #50136735
Garage6 spaces

Summary

  • MLS Number: 50136735
  • MLS Name: Upper Peninsula Assoc of Realtors
  • Office Name: CENTURY 21 AFFILIATED
  • Office Phone: (906) 482-0001
  • Office Email: kristine.weidner@c21affiliated.com
  • Listing Agent: KRISTINE WEIDNER (JUKURI)

IDX Provided through IDX via MiRealSource, as the “Source MLS”, courtesy of the Originating MLS shown on the property listing, as the Originating MLS.

Copyright 2025 MiRealSource. All rights reserved. The information provided hereby constitutes proprietary information of MiRealSource, Inc. and its shareholders, affiliates and licensees and may not be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopy, recording, scanning or any information storage and retrieval system, without written permission from MiRealSource, Inc.

The information published and disseminated by the Originating MLS is communicated verbatim, without change by the Originating MLS, as filed with it by its members. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 1/31/2025, 2:21:04 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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$950,000

208 E Montezuma Ave

$10,000

closing credit¹

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Price information

Property sales

We're sorry, we currently don't have property sales data for this listing.

Tax history

YearAssessmentProperty Tax
2024$137,678$-
2023$117,007$-
2022$101,079$-
2021$95,956$-
2020$92,606$-
2019$86,693$-
2018$78,601$-
2017$78,601$-

History based on county public records data.

Nearby schools

7

Houghton Elementary School

Public District KG-5

0.4 mi

203 W Jacker Ave

6

Barkell Elementary School

Public District KG-5

1.5 mi

1201 N Elevation St

8

South Range Elementary School

Public District KG-6

5.0 mi

2 Whealkate Dr

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $34,063. Typical income of Houghton, MI residents is less than $<35k annually. Typical family type is single, no kids. Typical level of education for residents in this area is post secondary degree.

How much money do the neighbors make?

51%
<35k
38%
35k-100k
8%
100k-200k
3%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

51%
Single, No Kids
9%
Single, with Kids
23%
Married, No Kids
17%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

13%
<11 yrs old
5%
12-17 yrs old
42%
18-34 yrs old
31%
35-64 yrs old
9%
65+ yrs old

What do the neighbors do for fun?

  • Extreme SportsExtreme Sports
  • College FootballCollege Football
  • SoccerSoccer

Where do the neighbors shop?

  • Academy Sports & OutdoorsAcademy Sports & Outdoors
  • Express/Express For MenExpress/Express For Men
  • Old NavyOld Navy

Where do the neighbors go to eat?

  • Little CaesarsLittle Caesars
  • SonicSonic
  • Jimmy JohnsJimmy Johns

What do the neighbors drive?

  • ChevroletChevrolet
  • KiaKia
  • GMCGMC

What do the neighbors listen to?

  • CountryCountry
  • New CountryNew Country
  • OldiesOldies
All data provided by Home Junction and Claritas

Similar homes for sale

This home is located at 208 E Montezuma Ave in Houghton, MI and zip code 49931. This 3,500 square foot home, which was built in 2010, sits on a 0.11 acre lot. Features: 5 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since March 24, 2024 and is currently priced at $950,000.

While more than 0 listings in Houghton, MI in December 2024 were sold above asking price, there were more than 0 listings sold at asking price, and more than 2 were sold below. The inventory of homes for sale in Houghton, MI between November and December 2024 decreased by 9.1%. The median list price of listings available in December 2024 was $161,750, while the average time on the real estate market was 92 days.

From Rocket Homes Real Estate and based on county public records data.

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