Triplex on AuSable
For Sale
$299,900
101 Milltown Court, Grayling, MI 49738
MULTI_FAMILY - Ranch - Grayling, MI
Property Size1,920 SF
Price / SF$156.20
Days on Market74
Property Features for 101 Milltown Court
General Information
Property type
Residential Multi Family
Property subtype
Triplex
Bedrooms
5
Bathrooms
3
Full bathrooms
3
Rooms
Bedroom 5, Bathroom 1, Laundry Room, Bedroom 2, Bathroom 3, Bathroom 2, Bedroom 4, Bedroom 3, Bedroom 1, Basement
Basement
Partial
Appliances
Refrigerator
Subdivision
T26N R3W
Elementary school
Grayling
High school
Grayling
Elementary school district
Crawford Ausable
Middle school district
Crawford Ausable
High school district
Crawford Ausable
Directions
Maple Street/State Street on the south side of the river, first place on the corner of Milltown Court
Standard status
Active
APN
070-008-010-019-00
Size
1,920 SF
Taxes and HOA fees
Tax Description
PARCEL A: PART OF THE NW 1/4 OF THE SW 1/4 SEC 8, T26N R3W, COM AT THE SW COR OF THE NW 1/4 OF THE SW 1/4 SD SEC 8...Long Legal
Legal Description
PARCEL A: PART OF THE NW 1/4 OF THE SW 1/4 SEC 8, T26N R3W, COM AT THE SW COR OF THE NW 1/4 OF THE SW 1/4 SD SEC 8...Long Legal
Utilities
Sewer type
Public Sewer
Heating system
Natural Gas, Forced Air
Water front
1
Building Details
Number of units
3
Building materials
Vinyl
Architectural style
Ranch
Listing Agency:
River Country Realty
(989) 745-6004
Listed By:
Betty Partello · License #6506045575
(989) 370-2061
Added: Jun 25
Changed: Jul 24
Last Checked: Sep 6 at 6:06AM
MLS# 201841141
Copyright © 2026 Water Wonderland Board of Realtors®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This ranch-style triplex includes three separate residential units configured as two 2-bedroom homes and one 1-bedroom home. All three units are currently occupied under month-to-month agreements, providing an investor-focused setup for an owner looking to take over an operating rental property.
The property is located at 101 Milltown Court in Grayling, Michigan, in Crawford County. The listing notes a setting on the AuSable River, which may appeal to tenants and buyers who prefer a residential area tied to the river.
For prospective landlords or buyers, the current occupancy and month-to-month tenancy structure can reduce near-term leasing downtime compared with a vacant property. The mix of unit sizes also supports tenant flexibility, with two larger units available alongside a smaller one-bedroom option. At 1,920 square feet total, this triplex offers a straightforward, three-unit income property format within the Grayling market.
The property is located at 101 Milltown Court in Grayling, Michigan, in Crawford County. The listing notes a setting on the AuSable River, which may appeal to tenants and buyers who prefer a residential area tied to the river.
For prospective landlords or buyers, the current occupancy and month-to-month tenancy structure can reduce near-term leasing downtime compared with a vacant property. The mix of unit sizes also supports tenant flexibility, with two larger units available alongside a smaller one-bedroom option. At 1,920 square feet total, this triplex offers a straightforward, three-unit income property format within the Grayling market.
Key Highlights
- 3‑unit investment property with all 3 units currently occupied on month‑to‑month agreements
- Unit mix: two units with 2 bedrooms and one unit with 1 bedroom
- Ranch architectural style
Property Analytics
Property Profile
Current Use
Lease Details
3
Residential units
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
460
Businesses Nearby
Explore this area
Business Placement
Demographics for 49738, MI
9,498
Population
7,299
Households
1.3
Avg Household Size
50
Median Age
21%
College-Educated
92%
High-School Grad
332.6 sq mi
ZIP Area
29
Density / Sq Mi
$57,573
Median Household Income
$33,218
Median Earnings
$855
Median Rent
$153,200
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Triplex - Occupied triplex with month-to-month tenants, offering two 2-bedroom units and one 1-bedroom unit by the AuSable River.
Where is this triplex located?
The property is located at 101 Milltown Court Grayling, MI.
What is the asking price?
The asking price for this property is $299,900.
What are key features of this property?
This property features: 3‑unit investment property with all 3 units currently occupied on month‑to‑month agreements; Unit mix: two units with 2 bedrooms and one unit with 1 bedroom; Ranch architectural style
