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Two-Duplex Rental Property
For Sale
$725,000

126 & 128 E Mill St, Gaylord, MI 49735

Built in 2023, the property combines central air, natural gas, and individually metered utilities across its rental units.

Property Size3,440 SF
Price / SF$210.76
Days on Market23

Property Features for 126 & 128 E Mill St

General Information

Standard status Active
Size 3,440 SF
Property subtype Business Opportunity
Listing Agency: The TEAM Real Estate Group
Listed By: Connie L Madej · License #6501430702
Source: Genodangelo
Added: Aug 9 Changed: Aug 30 Last Checked: Aug 30 at 10:28PM

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 The TEAM Real Estate Group

Investment Insights

Based on property information with market context.

Located at 126 & 128 E Mill St in Gaylord, Michigan, this offering includes 2 duplexes constructed in 2023 with a combined property size of 3,440 square feet. The units feature central air, natural gas, and individually metered utilities, while the grounds include a lawn sprinkler system.

Three units are operated as Airbnb rentals and have bookings extending months at a time for job relocation or assignment stays. The remaining unit is rented on a yearly basis, providing a different rental arrangement within the same property.

Key Highlights

  • Two duplexes built in 2023
  • Combined property size of 3,440 square feet
  • Three units operate as Airbnb rentals

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Locksmith (Bike/Boat/Book/etc) Store Electrical Service Butcher Pet Grooming Service Bakery

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

Location Intelligence

Trade Area within ½ mile

863
Businesses Nearby

Demographics for 49735, MI

20,568
Population
11,551
Households
1.8
Avg Household Size
44
Median Age
27%
College-Educated
94%
High-School Grad
248.6 sq mi
ZIP Area
83
Density / Sq Mi
$69,050
Median Household Income
$39,813
Median Earnings
$876
Median Rent
$200,800
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

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

What type of property is this?
Duplex - Built in 2023, the property combines central air, natural gas, and individually metered utilities across its rental units.
Where is this duplex located?
The property is located at 126 & 128 E Mill St Gaylord, MI.
What is the asking price?
The asking price for this property is $725,000.
What are key features of this property?
This property features: Two duplexes built in 2023; Combined property size of 3,440 square feet; Three units operate as Airbnb rentals
More about this property
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