Advertise
    Grayling, MI
    Multifamily

    Grayling, MI Multifamily Properties for Sale

    Notify Me
    List
    Map
    Frederic, MI Roscommon, MI Kalkaska, MI Gaylord, MI Mancelona, MI Houghton Lake, MI Luzerne, MI Houghton Lake Heights, MI
    Ranch Triplex on AuSable River
    Updated: Jun 25
    Ranch Triplex on AuSable River

    101 Milltown Court, Grayling, MI 49738

    $299,900
    1,920 sqft
    1,920‑square‑foot ranch‑style triplex
    Three units currently occupied on month‑to‑month agreements
    Unit mix includes two 2‑bedroom units and one 1‑bedroom unit
    Located along the AuSable River at 101 Milltown Court
    Natural gas forced‑air heating
    View details
    Riverside Cabin Resort
    Updated: Oct 17, 2025
    Riverside Cabin Resort

    5973 W M-72 Highway, Grayling, MI 49738

    $850,000
    16.00 AC lot
    7 furnished cabins on 16 wooded acres
    More than 1,000 feet of AuSable River frontage
    Pavilion accommodates seating for 80
    On‑site caretaker apartment included
    Kayak/canoe launch, spring‑fed pond, trails, and ceremony area
    View details
    Mixed-Use Building with Studio Apartments
    Mixed-Use Building with Studio Apartments

    106 E Michigan Avenue, Grayling, MI 49738

    $474,900
    3,590 sqft

    Two upper-level studio units are leased, and the commercial space includes a partially equipped kitchen.

    View details
    Realmo Analytics Monitor Off-market properties and contact owners who are ready to sell. Many signals applied to make quality leads for you. Get Leads
    Three-Unit Riverfront Triplex
    Three-Unit Riverfront Triplex

    101 Milltown Court, Grayling, MI 49738

    $299,900
    1,920 sqft

    All three apartments are occupied under month-to-month agreements, with a mix of one- and two-bedroom layouts.

    View details
    4 active listings match your search: Multifamily for sale in Grayling, MI. Based on your search, we've also compiled 5 Potential Opportunities for your consideration: 4 properties in nearby cities and 1 off-market property to explore as potential leads.

    Opportunities in Nearby Cities

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

    Lakeside Cabin Resort
    Lakeside Cabin Resort

    11586 N Old 27, Frederic, MI 49733

    $950,000
    4,077 sqft

    Eight-cabin lodging property with lake access, recreational amenities, and year-round rental use.

    View details
    Restaurant and Bar with Apartments
    Restaurant and Bar with Apartments

    6516 N Old 27, Frederic, MI 49733

    $525,000
    5,167 sqft 0.40 AC lot

    Fully equipped kitchen, licensed bar, and separate-entry upstairs apartments create a versatile commercial layout.

    View details
    Two-Unit Duplex with Covered Porches
    Two-Unit Duplex with Covered Porches

    447 & 449 S Main Street, Roscommon, MI 48653

    $279,900
    1,536 sqft

    Two-bedroom residences include laundry hookups, vinyl flooring, and natural gas forced-air furnaces.

    View details
    Newly Built Duplex with Porches
    Newly Built Duplex with Porches

    447-449 S Main St, Roscommon, MI 48653

    $279,900

    Two updated rental units offer practical layouts, private laundry hookups, and covered entry porches.

    View details

    Off-Market Properties in Grayling, MI

    Consider similar Off-Market properties in Grayling, 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.

    Brighton Cir
    Multifamily properties

    0 Brighton Cir, Grayling, MI 49738

    Estimated value: by Request
    65.00 AC lot
    View details

    Grayling, MI Multifamily Properties Market Trends and Statistics

    Explore 5 multifamily properties for sale in Grayling, MI, showcased through 4 active listings on our real estate platform. These investment opportunities span a total of 7,430 square feet of properties for sale, with an estimated market value of $1,924,700.

    Sale prices for multifamily properties in Grayling, MI start at $299,900, averaging $481,175, and reaching up to $850,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

    List
    Map

    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Triplexes 2
    Duplexes 1
    Short term rental properties 1

    Demographics Overview

    Population 9,599
    Population Growth (5Y) +0.0%
    Median Household Income $57,573
    College Educated 14.6%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    49738 $523.9K

    Taxes & Financing

    Tax Rate (average for all types) 2.14%
    Property Tax per SF $79.70 per SF
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Crawford County

    New Delisted

    Total CRE Inventory on Market (SF)

    How Realmo verifies these figures

    Need Help?

    Reach out if you need assistance with Realmo tools or have questions about your listings

    Contact Us

    Browse Multifamily properties for Sale Near Grayling, MI

    Popular Searches in Grayling, MI

    Popular Categories

    Most Searched ZIP Codes in Grayling, MI

    • 49738

    Featured Grayling Real Estate Agencies

    Realmo connects you with licensed Grayling CRE brokers providing property specifications, local market pricing, and commercial transaction underwriting support.

    Premier Waterfront Realty
    2375 S I-75 Business Loop Grayling, MI 49738
    Phone: (989) 348-9199
    www.premierwaterfrontproperty.com
    Why this one?
    Saved

    Select Neighborhood

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!