Real Estate Investment Properties for Sale in Houghton, MI

Looking for investment property in Houghton, MI with high ROI ?

Explore a variety of short-term homes & houses in Houghton, MI. Invest wisely with VRBO & Houghton, MI Airbnb properties available for purchase. Find your ideal investment property among our curated listings for a rewarding real estate venture.

Investment Property for Sale in Houghton, MI

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
305 Emerald St Houghton, MI Walk to Michigan Tech or downtown. This East Houghton home is on a large corner lot and ha...	3 beds \| 1 baths \| 2,486 sq.ft.	$345,000	Airbnb cash on cash: 3.92% Traditional cash on cash: 5.28% Airbnb Rental Income: $2515 Traditional Rental Income: $2347 Airbnb ROI: 3.92% Traditional ROI: 5.28%
14998 N Superior Rd Houghton, MI MICHIGAN, LAKE SUPERIOR SHORELINE, BARNDOMINIUM, And ACREAGE FOR SALE! - Located in Stanto...	2 beds \| 2 baths \| 1,480 sq.ft.	$430,000	Airbnb cash on cash: -0.1% Traditional cash on cash: 1.98% Airbnb Rental Income: $1509 Traditional Rental Income: $1909 Airbnb ROI: -0.1% Traditional ROI: 1.98%
108 W Calverley Ave Houghton, MI Great location in the City of Houghton for this 3 BR 2BA house in a quiet neighborhood. Th...	3 beds \| 2 baths \| 1,842 sq.ft.	$299,000	Airbnb cash on cash: 4.92% Traditional cash on cash: 6.88% Airbnb Rental Income: $2515 Traditional Rental Income: $2459 Airbnb ROI: 4.92% Traditional ROI: 6.88%
22109 River Trails Rd Houghton, MI 22109 River Trails Rd, Houghton, MI 49931 \| Single Family Residential	3 beds \| 2 baths \| 1,324 sq.ft.	$599,900	Airbnb cash on cash: 0.71% Traditional cash on cash: 0.74% Airbnb Rental Income: $2515 Traditional Rental Income: $1922 Airbnb ROI: 0.71% Traditional ROI: 0.74%
208 E Montezuma Ave Houghton, MI 208 E Montezuma Ave, Houghton, MI 49931 \| Multi Family	5 beds \| 2 baths \| 3,500 sq.ft.	$795,000	Airbnb cash on cash: -0.08% Traditional cash on cash: 0.3% Airbnb Rental Income: $2515 Traditional Rental Income: $2191 Airbnb ROI: -0.08% Traditional ROI: 0.3%
22089 River Trails Rd Houghton, MI 22089 River Trails Rd, Houghton, MI 49931 \| Other	N/A beds \| N/A baths \| N/A	$92,500	Airbnb cash on cash: 5.27% Traditional cash on cash: 3.67% Airbnb Rental Income: $1180 Traditional Rental Income: $650 Airbnb ROI: 5.27% Traditional ROI: 3.67%
TBD Off Cedar St Houghton, MI TBD Off Cedar St, Houghton, MI 49931 \| Other	N/A beds \| N/A baths \| N/A	$499,900	Airbnb cash on cash: -1.03% Traditional cash on cash: -1.34% Airbnb Rental Income: $1180 Traditional Rental Income: $647 Airbnb ROI: -1.03% Traditional ROI: -1.34%
TBD A Sharon Ave Houghton, MI TBD A Sharon Ave, Houghton, MI 49931 \| Other	N/A beds \| N/A baths \| N/A	$248,000	Airbnb cash on cash: 0.48% Traditional cash on cash: -0.15% Airbnb Rental Income: $1180 Traditional Rental Income: $647 Airbnb ROI: 0.48% Traditional ROI: -0.15%
TBD Razorback Dr Houghton, MI TBD Razorback Dr, Houghton, MI 49931 \| Other	N/A beds \| N/A baths \| N/A	$725,000	Airbnb cash on cash: -1.49% Traditional cash on cash: -1.71% Airbnb Rental Income: $1180 Traditional Rental Income: $647 Airbnb ROI: -1.49% Traditional ROI: -1.71%
TBD W Sharon Ave Houghton, MI TBD W Sharon Ave, Houghton, MI 49931 \| Other	N/A beds \| N/A baths \| N/A	$549,900	Airbnb cash on cash: -1.16% Traditional cash on cash: -1.45% Airbnb Rental Income: $1180 Traditional Rental Income: $647 Airbnb ROI: -1.16% Traditional ROI: -1.45%
308 W Houghton Ave Houghton, MI Neat and tidy 3 bedroom, 1 bath rental property in the City of Houghton. On the main floor...	3 beds \| 1 baths \| 2,052 sq.ft.	$178,000	Airbnb cash on cash: 8.19% Traditional cash on cash: 6.7% Airbnb Rental Income: $2515 Traditional Rental Income: $1654 Airbnb ROI: 8.19% Traditional ROI: 6.7%
315796 Cabbage Rd Houghton, MI ONLY SELLING 1/3 INTEREST 200 ACRES HOUGHTON COUNTY FRONTAGE ON CABBAGE ROAD POWER AT ROAD...	2 beds \| N/A baths \| 1,296 sq.ft.	$129,900	Airbnb cash on cash: 5.3% Traditional cash on cash: 11.29% Airbnb Rental Income: $1509 Traditional Rental Income: $1817 Airbnb ROI: 5.3% Traditional ROI: 11.29%
47663 Main St Houghton, MI 47663 Main St, Houghton, MI 49931 \| Other	N/A beds \| N/A baths \| N/A	$368,000	Airbnb cash on cash: -0.49% Traditional cash on cash: -0.92% Airbnb Rental Income: $1180 Traditional Rental Income: $647 Airbnb ROI: -0.49% Traditional ROI: -0.92%
4017 Mariner Ct Houghton, MI Is it time for a LIFESTYLE change? This property might be perfect for you! This stunning s...	4 beds \| 3 baths \| 2,789 sq.ft.	$874,900	Airbnb cash on cash: 0.32% Traditional cash on cash: 0.75% Airbnb Rental Income: $3129 Traditional Rental Income: $2762 Airbnb ROI: 0.32% Traditional ROI: 0.75%
807 E Montezuma Ave Houghton, MI 807 E Montezuma Ave, Houghton, MI 49931 \| Single Family Residential	4 beds \| 2 baths \| 2,764 sq.ft.	$249,500	Airbnb cash on cash: 7.35% Traditional cash on cash: 6.42% Airbnb Rental Income: $3129 Traditional Rental Income: $2199 Airbnb ROI: 7.35% Traditional ROI: 6.42%
705 W Baraga Ave Houghton, MI 705 W Baraga Ave, Houghton, MI 49931 \| Single Family Residential	4 beds \| 2 baths \| 1,818 sq.ft.	$260,000	Airbnb cash on cash: 6.96% Traditional cash on cash: 5.96% Airbnb Rental Income: $3129 Traditional Rental Income: $2175 Airbnb ROI: 6.96% Traditional ROI: 5.96%
305 Bridge St Houghton, MI Located just minutes from Michigan Technological University in the heart of Houghton, this...	4 beds \| 2 baths \| 1,724 sq.ft.	$325,000	Airbnb cash on cash: 5.15% Traditional cash on cash: 4.73% Airbnb Rental Income: $3129 Traditional Rental Income: $2292 Airbnb ROI: 5.15% Traditional ROI: 4.73%
1924 Sherwood Dr Houghton, MI 1924 Sherwood Dr, Houghton, MI 49931 \| Single Family Residential	3 beds \| 2 baths \| 3,332 sq.ft.	$383,000	Airbnb cash on cash: 2.52% Traditional cash on cash: 2.69% Airbnb Rental Income: $2515 Traditional Rental Income: $1968 Airbnb ROI: 2.52% Traditional ROI: 2.69%
22125 Ridge Rd Houghton, MI This is a very rare home that features 9,000 plus total square feet and would cost $1.5mil...	5 beds \| 4 baths \| 7,404 sq.ft.	$749,000	Airbnb cash on cash: 0.48% Traditional cash on cash: 2.45% Airbnb Rental Income: $2861 Traditional Rental Income: $3572 Airbnb ROI: 0.48% Traditional ROI: 2.45%
1004 Baltic Ave Houghton, MI 1004 Baltic Ave, Houghton, MI 49931 \| Single Family Residential	4 beds \| 2 baths \| 1,992 sq.ft.	$323,800	Airbnb cash on cash: 5.11% Traditional cash on cash: 2.78% Airbnb Rental Income: $3129 Traditional Rental Income: $1707 Airbnb ROI: 5.11% Traditional ROI: 2.78%
711 Calverley Ave Houghton, MI 711 Calverley Ave, Houghton, MI 49931 \| Single Family Residential	3 beds \| 1 baths \| 1,261 sq.ft.	$259,500	Airbnb cash on cash: 4.89% Traditional cash on cash: 2.17% Airbnb Rental Income: $2515 Traditional Rental Income: $1242 Airbnb ROI: 4.89% Traditional ROI: 2.17%
1909 Robindale Dr Houghton, MI 1909 Robindale Dr, Houghton, MI 49931 \| Single Family Residential	5 beds \| 3 baths \| 2,961 sq.ft.	$485,000	Airbnb cash on cash: 2.11% Traditional cash on cash: 2.5% Airbnb Rental Income: $2861 Traditional Rental Income: $2372 Airbnb ROI: 2.11% Traditional ROI: 2.5%
2107 Spruce Ln Houghton, MI Welcome to this beautifully maintained 4-bedroom, 2-bath ranch in Houghton's desirable Oak...	4 beds \| 2 baths \| 1,400 sq.ft.	$435,000	Airbnb cash on cash: 3.18% Traditional cash on cash: 1.89% Airbnb Rental Income: $3129 Traditional Rental Income: $1892 Airbnb ROI: 3.18% Traditional ROI: 1.89%
19050 Canal Rd Houghton, MI Keweenaw waterfront living at its finest! Stunning views of Portage Lake are the centerpie...	3 beds \| 3 baths \| 4,680 sq.ft.	$1,099,900	Airbnb cash on cash: -0.76% Traditional cash on cash: -0.22% Airbnb Rental Income: $2515 Traditional Rental Income: $2463 Airbnb ROI: -0.76% Traditional ROI: -0.22%
21850 Peepsock Rd Houghton, MI 21850 Peepsock Rd, Houghton, MI 49931 \| Single Family Residential	3 beds \| 2 baths \| 2,905 sq.ft.	$449,500	Airbnb cash on cash: 1.78% Traditional cash on cash: 2.44% Airbnb Rental Income: $2515 Traditional Rental Income: $2183 Airbnb ROI: 1.78% Traditional ROI: 2.44%
TBD Parcel M7 Applewood Dr Houghton, MI TBD Parcel M7 Applewood Dr, Houghton, MI 49931 \| Other	N/A beds \| N/A baths \| N/A	$109,900	Airbnb cash on cash: 3.65% Traditional cash on cash: 2.3% Airbnb Rental Income: $1180 Traditional Rental Income: $650 Airbnb ROI: 3.65% Traditional ROI: 2.3%
TBD Parcel M5 River Rd Houghton, MI TBD Parcel M5 River Rd, Houghton, MI 49931 \| Other	N/A beds \| N/A baths \| N/A	$109,900	Airbnb cash on cash: 3.65% Traditional cash on cash: 2.3% Airbnb Rental Income: $1180 Traditional Rental Income: $650 Airbnb ROI: 3.65% Traditional ROI: 2.3%
TBD Parcel M17 Applewood Dr Houghton, MI TBD Parcel M17 Applewood Dr, Houghton, MI 49931 \| Other	N/A beds \| N/A baths \| N/A	$87,900	Airbnb cash on cash: 5.12% Traditional cash on cash: 3.44% Airbnb Rental Income: $1180 Traditional Rental Income: $650 Airbnb ROI: 5.12% Traditional ROI: 3.44%
TBD Parcel M22 River Rd Houghton, MI TBD Parcel M22 River Rd, Houghton, MI 49931 \| Other	N/A beds \| N/A baths \| N/A	$109,900	Airbnb cash on cash: 4.09% Traditional cash on cash: 2.74% Airbnb Rental Income: $1180 Traditional Rental Income: $650 Airbnb ROI: 4.09% Traditional ROI: 2.74%
TBD Parcel M10 Applewood Dr Houghton, MI TBD Parcel M10 Applewood Dr, Houghton, MI 49931 \| Other	N/A beds \| N/A baths \| N/A	$119,900	Airbnb cash on cash: 3.16% Traditional cash on cash: 1.91% Airbnb Rental Income: $1180 Traditional Rental Income: $650 Airbnb ROI: 3.16% Traditional ROI: 1.91%
TBD Parcel M16 Applewood Dr Houghton, MI TBD Parcel M16 Applewood Dr, Houghton, MI 49931 \| Other	N/A beds \| N/A baths \| N/A	$94,900	Airbnb cash on cash: 4.58% Traditional cash on cash: 3.02% Airbnb Rental Income: $1180 Traditional Rental Income: $650 Airbnb ROI: 4.58% Traditional ROI: 3.02%
TBD Parcel M12 Applewood Dr Houghton, MI TBD Parcel M12 Applewood Dr, Houghton, MI 49931 \| Other	N/A beds \| N/A baths \| N/A	$117,900	Airbnb cash on cash: 3.25% Traditional cash on cash: 1.98% Airbnb Rental Income: $1180 Traditional Rental Income: $650 Airbnb ROI: 3.25% Traditional ROI: 1.98%
TBD Parcel M24 River Rd Houghton, MI TBD Parcel M24 River Rd, Houghton, MI 49931 \| Other	N/A beds \| N/A baths \| N/A	$134,550	Airbnb cash on cash: 2.92% Traditional cash on cash: 1.8% Airbnb Rental Income: $1180 Traditional Rental Income: $650 Airbnb ROI: 2.92% Traditional ROI: 1.8%
TBD Parcel M14 Applewood Dr Houghton, MI TBD Parcel M14 Applewood Dr, Houghton, MI 49931 \| Other	N/A beds \| N/A baths \| N/A	$109,900	Airbnb cash on cash: 4.09% Traditional cash on cash: 2.74% Airbnb Rental Income: $1180 Traditional Rental Income: $650 Airbnb ROI: 4.09% Traditional ROI: 2.74%
TBD Parcel M9 Applewood Dr Houghton, MI TBD Parcel M9 Applewood Dr, Houghton, MI 49931 \| Other	N/A beds \| N/A baths \| N/A	$119,900	Airbnb cash on cash: 3.16% Traditional cash on cash: 1.91% Airbnb Rental Income: $1180 Traditional Rental Income: $650 Airbnb ROI: 3.16% Traditional ROI: 1.91%
1019 Red Oak Ln Houghton, MI 1019 Red Oak Ln, Houghton, MI 49931 \| Single Family Residential	4 beds \| 2 baths \| 2,584 sq.ft.	$434,900	Airbnb cash on cash: 3.18% Traditional cash on cash: 3.21% Airbnb Rental Income: $3129 Traditional Rental Income: $2429 Airbnb ROI: 3.18% Traditional ROI: 3.21%
1022 Red Oak Ln Houghton, MI 1022 Red Oak Ln, Houghton, MI 49931 \| Single Family Residential	4 beds \| 2 baths \| 2,062 sq.ft.	$474,900	Airbnb cash on cash: 2.71% Traditional cash on cash: 2.95% Airbnb Rental Income: $3129 Traditional Rental Income: $2525 Airbnb ROI: 2.71% Traditional ROI: 2.95%
46581 US Highway 41 Hwy Houghton, MI 46581 US Highway 41 Hwy, Houghton, MI 49931 \| Single Family Residential	3 beds \| 2 baths \| 3,570 sq.ft.	$399,000	Airbnb cash on cash: 2.32% Traditional cash on cash: 1.64% Airbnb Rental Income: $2515 Traditional Rental Income: $1651 Airbnb ROI: 2.32% Traditional ROI: 1.64%
609 W Douglass Ave Houghton, MI 609 W Douglass Ave, Houghton, MI 49931 \| Single Family Residential	3 beds \| 1 baths \| 2,614 sq.ft.	$202,000	Airbnb cash on cash: 6.95% Traditional cash on cash: 3.94% Airbnb Rental Income: $2515 Traditional Rental Income: $1331 Airbnb ROI: 6.95% Traditional ROI: 3.94%
43097 Superior Rd Houghton, MI 43097 Superior Rd, Houghton, MI 49931 \| Single Family Residential	4 beds \| 1 baths \| 1,412 sq.ft.	$299,500	Airbnb cash on cash: 5.73% Traditional cash on cash: 2.48% Airbnb Rental Income: $3129 Traditional Rental Income: $1504 Airbnb ROI: 5.73% Traditional ROI: 2.48%

Real Estate investment in Houghton, MI

There are 66 properties for sale in the city of Houghton . The median list price in Houghton is $199,880 and the average price per square foot is $81. In September 2026, the average monthly cash on cash return in Houghton is 3.00%. The average monthly rental income in Houghton is $1,674.

Houghton, MI Real Estate Investing: FAQs for Buyers, Sellers and Investors

There are 66 investment properties available for sale in Houghton.

In 2026, the best neighborhood to buy investment property is Houghton.

The ROI for Short-Term is higher than the Long-Term in Houghton with average rental income of $2,515.

Your search for investment property begins and ends here

Investment Property for Sale in Houghton, MI

305 Emerald St

Houghton, MI

3 beds | 1 baths | 2,486 sq.ft.

$345,000

Airbnb cash on cash: 3.92%

Traditional cash on cash: 5.28%

Airbnb Rental Income: $2515

Traditional Rental Income: $2347

Airbnb ROI: 3.92%

Traditional ROI: 5.28%

14998 N Superior Rd

Houghton, MI

2 beds | 2 baths | 1,480 sq.ft.

$430,000

Airbnb cash on cash: -0.1%

Traditional cash on cash: 1.98%

Airbnb Rental Income: $1509

Traditional Rental Income: $1909

Airbnb ROI: -0.1%

Traditional ROI: 1.98%

108 W Calverley Ave

Houghton, MI

3 beds | 2 baths | 1,842 sq.ft.

$299,000

Airbnb cash on cash: 4.92%

Traditional cash on cash: 6.88%

Airbnb Rental Income: $2515

Traditional Rental Income: $2459

Airbnb ROI: 4.92%

Traditional ROI: 6.88%

22109 River Trails Rd

Houghton, MI

3 beds | 2 baths | 1,324 sq.ft.

$599,900

Airbnb cash on cash: 0.71%

Traditional cash on cash: 0.74%

Airbnb Rental Income: $2515

Traditional Rental Income: $1922

Airbnb ROI: 0.71%

Traditional ROI: 0.74%

208 E Montezuma Ave

Houghton, MI

5 beds | 2 baths | 3,500 sq.ft.

$795,000

Airbnb cash on cash: -0.08%

Traditional cash on cash: 0.3%

Airbnb Rental Income: $2515

Traditional Rental Income: $2191

Airbnb ROI: -0.08%

Traditional ROI: 0.3%

22089 River Trails Rd

Houghton, MI

N/A beds | N/A baths | N/A

$92,500

Airbnb cash on cash: 5.27%

Traditional cash on cash: 3.67%

Airbnb Rental Income: $1180

Traditional Rental Income: $650

Airbnb ROI: 5.27%

Traditional ROI: 3.67%

TBD Off Cedar St

Houghton, MI

N/A beds | N/A baths | N/A

$499,900

Airbnb cash on cash: -1.03%

Traditional cash on cash: -1.34%

Airbnb Rental Income: $1180

Traditional Rental Income: $647

Airbnb ROI: -1.03%

Traditional ROI: -1.34%

TBD A Sharon Ave

Houghton, MI

N/A beds | N/A baths | N/A

$248,000

Airbnb cash on cash: 0.48%

Traditional cash on cash: -0.15%

Airbnb Rental Income: $1180

Traditional Rental Income: $647

Airbnb ROI: 0.48%