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    Gaylord, MI
    Multifamily

    Gaylord, MI Multifamily Properties for Sale

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    Johannesburg, MI Frederic, MI Vanderbilt, MI Elmira, MI Mancelona, MI Alba, MI Boyne Falls, MI Lewiston, MI
    6 properties
    Corner Retail Space with Parking
    Updated: Jul 9
    Corner Retail Space with Parking

    201 E Main Street, Gaylord, MI 49735

    $359,900
    4,904 sqft 0.46 AC lot
    1,122 sq ft retail space on a downtown Gaylord corner lot with high traffic exposure
    Fully ADA compliant with accessible approach and ramp
    M‑32 frontage with street parking and parking lot plus rear parking
    Brick construction with public sewer and municipal water; natural gas available
    Cable internet available; includes a separate 3‑unit multi‑family dwelling on 0.23 acres
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    Otsego Lake Multifamily Cottage Property
    Updated: May 5
    Otsego Lake Multifamily Cottage Property

    3551 W Otsego Lake Drive, Gaylord, MI 49735

    $895,000
    3,169 sqft 2.40 AC lot
    Multifamily property with 4 cottages and short- and long‑term rental history
    150' of sandy Otsego Lake frontage on a 2.4‑acre lot
    Two cottages built in 2015; two cottages renovated
    Private water system with well water and shared septic; newer pump‑back septic system upgraded in 2015
    Shared 20x20 garage for storage
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    Gaylord Duplexes: Income Opportunity
    Gaylord Duplexes: Income Opportunity

    126 & 128 E Mill Street, Gaylord, MI 49735

    $725,000
    3,440 sqft 0.41 AC lot

    Two duplexes built in 2023, great for rental income.

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    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    Recently Renovated Multifamily Property
    Recently Renovated Multifamily Property

    310 N Otsego Ave, Gaylord, MI 49735

    $250,000
    1,939 sqft

    Three rented units feature two two-bedroom apartments and one one-bedroom unit, all recently renovated.

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    Three-Unit Multifamily Property
    Three-Unit Multifamily Property

    108 N Elm Avenue, Gaylord, MI 49735

    $139,900
    2,642 sqft

    Three-unit income property for sale, zoned C-2, located in downtown Gaylord.

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    Gaylord Commercial Opportunity For Sale
    Gaylord Commercial Opportunity For Sale

    2258 S Otsego Avenue, Gaylord, MI 49735

    $289,000

    Fourplex and office building with development potential on South Otsego.

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    Based on your search, we've compiled 15 Potential Opportunities for your consideration. Besides 6 Active listings in Gaylord, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 1 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Lakeside Cabins Investment Property
    Lakeside Cabins Investment Property

    11586 N Old 27, Frederic, MI 49733

    $950,000
    4,077 sqft

    Turn-key Northern Michigan resort with strong income potential.

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    Motel and Apartment Income Property
    Motel and Apartment Income Property

    615 S I 75 Business Loop, Grayling, MI 49738

    $779,000
    15,026 sqft 25.00 AC lot

    Turnkey Grayling property combines 23 motel rooms with multiple 2-bedroom apartments and an on-site owner residence.

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    Turnkey Restaurant & Bar Property
    Turnkey Restaurant & Bar Property

    6516 N Old 27, Frederic, MI 49733

    $525,000

    Turnkey restaurant and bar with fully equipped kitchen, liquor licenses, generator, and income-producing apartments upstairs.

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    Well-Maintained Motel with Home
    Well-Maintained Motel with Home

    1024 S I 75 Business Loop, Grayling, MI 49738

    $694,900
    4.86 AC lot

    A 22-unit motel property on 4.86 acres with a connected 1,800 sq ft residence and extensive parking.

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Elevated Farmland Development Parcel
    Elevated Farmland Development Parcel

    Parcel C E Duck Lake Road, Suttons Bay, MI 49682

    $2,600,000
    74.20 AC lot

    Developable farmland parcel offers ridge-top elevation and multi-directional water views near Suttons Bay.

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    Traverse City Land with Utilities
    Traverse City Land with Utilities

    4866 Luanne Lane, Traverse City, MI 49685

    $59,000
    0.52 AC lot

    Half-acre lot with well, septic, gas, and electric hookup.

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    Private Campground Lot with Hookups
    Private Campground Lot with Hookups

    4537 Pine Run, Farwell, MI 48622

    $41,500
    0.75 AC lot

    Residentially zoned camping lot with three 30-amp electric hookups and septic connections, already prepped with pads.

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    Tippy Dam Lodge Retreat
    Tippy Dam Lodge Retreat

    1306 N Tippy Dam Road, Wellston, MI 49689

    $999,900
    22.24 AC lot

    Unique lodge in Manistee National Forest with multiple buildings.

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    Off-Market Properties in Gaylord, MI

    Consider similar Off-Market properties in Gaylord, MI. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    4114 Meadow Rd
    Multifamily properties

    4114 Meadow Rd, Gaylord, MI 49735

    Value Estimation by Request
    2,158 sqft 10.00 AC lot
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    Gaylord, MI Multifamily Properties Market Trends and Statistics

    Explore 7 multifamily properties for sale in Gaylord, MI, showcased through 6 active listings on our real estate platform. These investment opportunities span a total of 16,094 square feet of properties for sale, with an estimated market value of $2,369,800.

    Sale prices for multifamily properties in Gaylord, MI start at $139,900, averaging $473,960, and reaching up to $895,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Short term rental properties 2
    Triplexes 2
    Duplexes 1
    Quadplexes 1

    Demographics Overview

    Population 21K
    Population Growth (5Y) +5.2%
    Median Household Income $69,050
    College Educated 18.6%

    High-Yield Neighborhoods for Investment

    Identify Gaylord submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    49735 $636.3K

    Taxes & Financing

    Tax Rate (average for all types) 3.68%
    Tax Rate vs County Average 0.03 pp above county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Otsego County

    New Delisted

    Total CRE Inventory on Market (SF)

    Average Property Price per SF

    For-sale pricing trends across core commercial property types in Otsego County

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