Gaylord Duplexes: Income
For Sale
$725,000
126 & 128 E Mill Street, Gaylord, MI 49735
Commercial Sale, Gaylord, MI
Property Size3,440 SF
Lot Size0.41 Acres
Price / SF$210.76
Days on Market140
Property Features for 126 & 128 E Mill Street
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
C-1
Basement
Crawl Space
Subdivision
Fillmores & Sanborns Add
Directions
I-75 to Gaylord downtown exit. Head east to Center Street. Turn left on Center street. Mill street will be on your right. (Watch for Dollar General is on the left).
Standard status
Active
APN
103-210-002-004-00
Size
3,440 SF
Lot size
0.41 Acres
Taxes and HOA fees
Tax Description
LOTS 4 & 5 BLK 2 FILLMORES & SANBORNS ADDITIONCITY OF GAYLORD SEC 34 T31N R3W
Tax Annual Amount
9518
Legal Description
LOTS 4 & 5 BLK 2 FILLMORES & SANBORNS ADDITIONCITY OF GAYLORD SEC 34 T31N R3W
Amenities
central air
natural gas
individually metered utilities
Building Details
Building materials
Block
Listing Agency:
The TEAM Real Estate Group
(989) 732-6500
Listed By:
Connie L Madej · License #6501430702
(989) 370-1096
Added: Apr 27
Changed: Sep 13
Last Checked: Sep 13 at 4:06AM
MLS# 201839668
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.
Two duplexes constructed in 2023 offer a business opportunity. The property, situated in Gaylord, MI, features central air and natural gas. Utilities are individually metered. Three units are actively used as Airbnb rentals, with bookings extending for months, often related to job relocation or assignments. One unit is leased on a yearly basis, providing a steady income stream. The lawn is well-maintained and includes a sprinkler system. The property is zoned C-1 and sits on a 0.41-acre lot. The total property size is 3440 square feet. The intended use of the property is for rental income.
Key Highlights
- Two duplexes built in 2023.
- Three units actively operating as successful Airbnb units with long‑term bookings.
- Individually metered utilities for each unit.
Property Analytics
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Current Use
Lease Details
4
Residential units
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
863
Businesses Nearby
Explore this area
Business Placement
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
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Market
Vacancy Rate% for Multifamily in Midwest region
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Frequently Asked Questions
What type of property is this?
Duplex - Two duplexes built in 2023, great for rental income.
Where is this duplex located?
The property is located at 126 & 128 E Mill Street 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.; Three units actively operating as successful Airbnb units with long‑term bookings.; Individually metered utilities for each unit.
