Lucrative investment property. House is an up and down duplex but could be rented as a whole house. This could also be used as a single family home once the leases expire spring of 2027. Rent is $900/month/duplex side for a total of $1800/month. Each floor has 3 bedrooms, full bath, eat-in kitchen, and laundry. The lower unit has a living and family room with an attractive fireplace. This property is on a double, corner lot on a main thoroughfare. View of Quincy Mine and Portage Lift Bridge, two iconic landmarks.
Sold for $200,000
$200,000
309 W Montezuma Ave, Houghton, MI 49931
6beds
2,624sqft
Multi Family
Built in 1918
-- sqft lot
$200,200 Zestimate®
$76/sqft
$2,245 Estimated rent
Home value
$200,200
Estimated sales range
Not available
$2,245/mo
Zestimate® history
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$1,352/mo
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Zillow last checked:
Listing updated:
Listed by:
GRETCHEN JANSSEN 906-370-4738,
RE/MAX DOUGLASS R.E.-H
Bought with:
JOSH STEIN, 6502371572
NORTHERN MICHIGAN LAND BROKERS - H
Source: MiRealSource,MLS#: 50200046
Originating MLS: Upper Peninsula Assoc of Realtors
Originating MLS: Upper Peninsula Assoc of RealtorsFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 2
- Full bathrooms: 2
Kitchen
- Features: Eat-in Kitchen
Heating
- Boiler, Hot Water
Appliances
- Included: Dishwasher, Disposal, Dryer, Range/Oven, Refrigerator, Washer
- Laundry: Second Floor Laundry
Features
- Basement: Full,Stone
- Number of fireplaces: 1
- Fireplace features: Family Room
Interior area
- Total structure area: 2,624
- Total interior livable area: 2,624 sqft
Property
Features
- Levels: Two
- Stories: 2
- Patio & porch: Porch
- Has view: Yes
- View description: Water
- Has water view: Yes
- Water view: Water
- Body of water: View of Portage Canal
- Frontage length: 100
Lot
- Size: 10,018 Square Feet
- Dimensions: 100 x 100
- Features: Large Lot - 65+ Ft., Platted, Corner Lot
Details
- Parcel number: 3105226300400
- Zoning: B-3
- Zoning description: Multi-Family
- Special conditions: Private
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Cedar
- Foundation: Basement, Stone
Condition
- Year built: 1918
Utilities & green energy
- Gas: Natural Gas
- Sewer: Public Sanitary
- Water: Public
- Utilities for property: Cable/Internet Avail., Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Community & HOA
Community
- Subdivision: West Houghton
Location
- Region: Houghton
Financial & listing details
- Price per square foot: $76/sqft
- Tax assessed value: $224,004
- Annual tax amount: $1,771
- Date on market: 2/24/2026
- Cumulative days on market: 93 days
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Conventional
- Lease term: Lease Term 1-2 Years
- Total actual rent: 1800
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 7/23/2026 | Sold | $200,000-27.3%$76/sqft |
Source:  MiRealSource #50200046 Report a problem | ||
| 5/27/2026 | Contingent | $275,000$105/sqft |
Source: MiRealSource #50200046 Report a problem | ||
| 2/24/2026 | Listed for sale | $275,000$105/sqft |
Source:  Upper Peninsula AOR #50200046 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,690 +4.9% | $112,002 +12.6% |
| 2024 | $1,611 | $99,499 +22.9% |
| 2023 | -- | $80,952 +14.7% |
| 2022 | -- | $70,565 +5.9% |
| 2021 | -- | $66,611 +5.2% |
| 2020 | -- | $63,316 +5.7% |
| 2019 | -- | $59,897 +6.6% |
| 2018 | -- | $56,197 -3.2% |
| 2017 | -- | $58,066 +5.5% |
| 2016 | -- | $55,054 +5% |
| 2015 | -- | $52,457 +0.1% |
| 2014 | -- | $52,410 +0.8% |
| 2013 | -- | $51,999 |
| 2012 | -- | $51,999 +4% |
| 2011 | -- | $50,022 0% |
| 2010 | -- | $50,031 |
Find assessor info on the county website
Neighborhood: 49931
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Nearby schools
GreatSchools rating
- 7/10Houghton Elementary SchoolGrades: K-5Distance: 0.4 mi
- 8/10Houghton Middle SchoolGrades: 6-8Distance: 0.9 mi
- 8/10Houghton Central High SchoolGrades: 9-12Distance: 0.9 mi
Schools provided by the listing agent
- District: Houghton-Portage Twp Schools
Source: MiRealSource. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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- Michigan
- Houghton County
- Houghton
- 49931
- 309 W Montezuma Ave
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