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7-Cabin Short-Term Rental Property
For Sale
$515,000

10400 US-31 N, Free Soil, MI 49411

Multi-Family, Log Home, Cottage, Freesoil, MI

Property Size3,001 SF
Lot Size2.33 Acres
Price / SF$171.61
Days on Market100

Property Features for 10400 US-31 N

General Information

Property type Residential Multi Family
Property subtype Other
Zoning Multi-Family,Commercial,U
Zoning description Multi-Family, Commercial
Exterior features Countryside View, Landscaped, Gutters
Appliances Refrigerator, Oven/Range, Microwave, Water Softener (Owned), Washer, Dryer, Water Filtration System, Security System, Freezer, Cook Top, Blinds, Drapes, Curtain Rods, Electric water Heater, Smoke Alarms
Elementary school district Mason County Central Schools
Middle school district Mason County Central Schools
High school district Mason County Central Schools
Directions From Manistee, travel south on US-31 approx 6 miles. Property is on the East side of US -31
Subdivision Mason
Standard status Active
Size 3,001 SF
Lot size 2.33 Acres

Taxes and HOA fees

Tax Description F-227 F-229 B S 120 FT OF W 268 FT OF SW 1/4 OF NW FRCL 1/4 & N 368 FT OF W 268 FT OF NW 1/4 OF SW 1/4 EXC HWY R/W SEC 7 T20N R16W 2.33 A M/L
Legal Description F-227 F-229 B S 120 FT OF W 268 FT OF SW 1/4 OF NW FRCL 1/4 & N 368 FT OF W 268 FT OF NW 1/4 OF SW 1/4 EXC HWY R/W SEC 7 T20N R16W 2.33 A M/L

Utilities

Water source Private

Building Details

Year built 1940
Number of units 7
Building materials Frame, Full Log
Roof type Metal
Architectural style Other, Cottage
Listing Agency: Berkshire Hathaway Homeservices - TC
Listed By: Marissa Spencer · License #6501408056
Added: Jun 29 Changed: Sep 26 Last Checked: Oct 6 at 8:06AM
MLS# 1947331

Copyright © 2026 Northern Great Lakes Realtors MLS. 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 short-term rental property comprises seven cabins on 2.33 acres, with a total property size of 3,001 square feet. Each cabin has a private bathroom with a shower, toilet, and sink. The largest cabin includes a full kitchen; the other units have microwaves and mini refrigerators. The property was built in 1940 and has metal roofs, a new well, updated water lines, and sewer and electrical upgrades. Additional site work includes commercial-grade drain tile, a sump pump system, a reinforced berm, and redesigned gutters with added downspouts.

The property fronts US-31 between Ludington and Manistee. Lake Michigan beaches, boat launches, and fishing areas are described as minutes away, and Doc’s Restaurant is next door. Zoning is listed as Multi-Family, Commercial, U.

Key Highlights

  • Seven cabins on 2.33 acres; total property size is 3,001 square feet
  • Each cabin has a private bathroom with shower, toilet, and sink
  • Largest cabin has a full kitchen; remaining cabins include a microwave and mini refrigerator

Property Analytics

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Current Use

Short term rental ...

Suggested Use

Top Pick Garden Center Travel Agency Real Estate Agency Hotel & Motel

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

7
Residential units
Turnkey business
Opportunity
Yes
Highway access
Yes
Paved road access
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

7
Businesses Nearby

Demographics for 49411, MI

1,592
Population
1,156
Households
1.4
Avg Household Size
50
Median Age
20%
College-Educated
94%
High-School Grad
109.7 sq mi
ZIP Area
15
Density / Sq Mi
$60,750
Median Household Income
$36,076
Median Earnings
$1,051
Median Rent
$221,400
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Frequently Asked Questions

What type of property is this?
Short term rental property - Separate guest cabins have private bathrooms, and the largest unit includes a full kitchen.
Where is this short term rental property located?
The property is located at 10400 US-31 N Free Soil, MI.
What is the asking price?
The asking price for this property is $515,000.
What are key features of this property?
This property features: Seven cabins on 2.33 acres; total property size is 3,001 square feet; Each cabin has a private bathroom with shower, toilet, and sink; Largest cabin has a full kitchen; remaining cabins include a microwave and mini refrigerator
More about this property
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