Duplex With Attached
For Sale
Contact for pricing
1205 E Michigan Avenue, Grayling, MI 49738
Commercial-zoned duplex with separate garage bays, basement storage, laundry facilities, and proximity to Munson Hospital.
Property Size2,240 SF
Price / SF$111.56
Days on Market10
Property Features for 1205 E Michigan Avenue
General Information
Standard status
Active
Size
2,240 SF
Total Parking Spaces
2
Property subtype
Multifamily
Zoning
Commercial
Occupancy
100%
Investment Type
Stabilized
Net Operating Income
$20,000
Units
Unit Mix
1 x 1BR/1BA, 1 x 2BR/1BA
Multifamily Units
2
Additional Details
Average Monthly Rent
$1,000
Utilities to Site
Yes
Amenities
basement storage
laundry room
high-speed internet
Building Details
Buildings
1
Stories
1
Units
2
Tenancy
Multi
Listing Agency:
Homewaters Real Estate
(734) 474-9487
Listed By:
Michelle Millikin · License #MI 6501-284936
Source:
Crexi
Added: Aug 10
Changed: Aug 15
Last Checked: Aug 18 at 10:55AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Homewaters Real Estate
Investment Insights
Based on property information with market context.
This commercial-zoned duplex contains 2,240 square feet and offers two distinct residential units. The one-bedroom unit includes a combined living, dining, and kitchen area, while the two-bedroom unit has a larger living room and eat-in kitchen. Each unit has one bathroom and its own bay within the attached garage.
An 832-square-foot basement provides additional storage and includes a laundry room. The property also has natural gas service and high-speed internet. Located at 1205 E Michigan Avenue in Grayling, the duplex sits across from Munson Hospital and within walking distance of Downtown Grayling.
An 832-square-foot basement provides additional storage and includes a laundry room. The property also has natural gas service and high-speed internet. Located at 1205 E Michigan Avenue in Grayling, the duplex sits across from Munson Hospital and within walking distance of Downtown Grayling.
Key Highlights
- 2,240‑square‑foot duplex with one 1‑bedroom unit and one 2‑bedroom unit
- Commercial zoning
- 832‑square‑foot basement with storage and laundry room
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
550
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?
Duplex - Commercial-zoned duplex with separate garage bays, basement storage, laundry facilities, and proximity to Munson Hospital.
Where is this duplex located?
The property is located at 1205 E Michigan Avenue Grayling, MI.
What is the asking price?
The asking price for this property is $249,900.
What are key features of this property?
This property features: 2,240‑square‑foot duplex with one 1‑bedroom unit and one 2‑bedroom unit; Commercial zoning; 832‑square‑foot basement with storage and laundry room
