$170,000

5407 W Houghton Lake Dr Houghton Lake, MI 48629

$2,019
Closing credit¹
Multi-Family

Property details

About 5407 W Houghton Lake Dr

Looking to become a landlord and start profiting from real estate? Excellent income opportunity - this duplex has a solid rental history. A new steel roof protects your investment. Both units offer a nice size kitchen with in-unit laundry hook ups. This duplex offers a 2 bedroom and and 1 bedroom option. The one-bedroom unit is currently vacant. This duplex is walking distance to restaurants, stores and the shores of Houghton Lake. Easy parking. The electric and gas are unit specific, but the well is shared with a separate mechanical room that allows for maintenance without disturbing tenants. You could even live in one side and rent out the other. Make your appointment today!

Highlights

Home typeDuplex
StatusActive
MLS #201833485

Summary

  • MLS Number: 201833485
  • MLS Name: Water Wonderland Board of REALTORS®
  • Office Name: Lake Homes Realty, LLC
  • Office Phone: (866) 525-3466
  • Office Email: lhrbroker@lakehomes.com
  • Listing Agent: Linda Sherwood

IDX © 2025 Water Wonderland MLS, Inc © All rights reserved. The data relating to real estate on this web site comes in part from the Internet Data Exchange Program of the Water Wonderland MLS (WWLX). Real estate listings held by brokerage firms other than this broker are marked with the WWLX logo and the detailed information about said listing includes the listing office.The listings displayed come from various Water Wonderland Board of REALTORS® member offices who have chosen to participate in WWBR. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither the site hosting broker(s), nor the listing broker or Water Wonderland Board of REALTORS® shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally harmless.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/12/2025, 11:20:56 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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view of front of home with a porch

$170,000

5407 W Houghton Lake Dr

$2,019

closing credit¹

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Seller rebate

0.5% sale price²

Price information

Property sales

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

Tax history

YearAssessmentProperty Tax
2024$59,600$2,127
2023$59,600$2,000
2022$50,900$2,000
2021$48,300$1,936
2020$46,800$-
2019$43,900$-
2018$45,100$-

History based on county public records data.

Nearby schools

3

Collins Elementary School

Public District PK-6

1.0 mi

4441 W Houghton Lake Dr

4

Roscommon Elementary School

Public District PK-3

14.8 mi

175 West Sunset Dr

3

Robert M Larson Elementary School

Public District KG-2

20.0 mi

455 W Spruce St

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 $31,164. The most common annual income of people living in Houghton Lake, MI is less than $<35k. The majority of families are single, no kids. Residents of this area typically have high school diploma education.

How much money do the neighbors make?

58%
<35k
39%
35k-100k
2%
100k-200k
1%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

43%
Single, No Kids
12%
Single, with Kids
31%
Married, No Kids
14%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

11%
<11 yrs old
6%
12-17 yrs old
16%
18-34 yrs old
40%
35-64 yrs old
27%
65+ yrs old

What do the neighbors do for fun?

  • Figure SkatingFigure Skating
  • Extreme SportsExtreme Sports
  • NASCARNASCAR

Where do the neighbors shop?

  • KmartKmart
  • Academy Sports & OutdoorsAcademy Sports & Outdoors
  • Stein MartStein Mart

Where do the neighbors go to eat?

  • Bob EvansBob Evans
  • Little CaesarsLittle Caesars
  • Cracker BarrelCracker Barrel

What do the neighbors drive?

  • BuickBuick
  • ChevroletChevrolet
  • RamRam

What do the neighbors listen to?

  • OldiesOldies
  • CountryCountry
  • Adult StandardsAdult Standards
All data provided by Home Junction and Claritas

This home is located at 5407 W Houghton Lake Dr in Houghton Lake, MI and zip code 48629. Features: 0 bathroom. It has been listed on Rocket Homes since February 26, 2025 and is currently priced at $170,000.

Over 2 listings were sold over their listed price in March 2025 in Houghton Lake, MI. In the same period over 14 listings were sold below the listed price and 2 listings were sold for the listed price. In March 2025 in Houghton Lake, MI there were 3.8% more homes for sale than in February. While the average time on the market in March 2025 was 112 days, the median list price was $191,000.

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

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