Advertise
    Grayling, MI
    Multifamily

    Grayling, MI Multifamily Properties for Sale

    Notify Me
    List
    Map
    Frederic, MI Roscommon, MI Kalkaska, MI Marquette, MI Fife Lake, MI Gaylord, MI Mancelona, MI Saint Helen, 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
    22-Unit Motel with Kitchenettes
    Updated: Oct 17, 2025
    22-Unit Motel with Kitchenettes

    1024 I-75 Business, Grayling, MI 49738

    $694,900
    10,261 sqft 4.86 AC lot
    22‑unit motel on 4.86 acres
    10,261 square feet of property size
    Seven kitchenette units in a standalone building
    Attached 1,800 sq ft residence with master suite, cathedral ceilings, kitchen, and living area
    Separate maintenance building and extensive on‑site parking
    View details
    Riverside Cabin Resort
    Riverside Cabin Resort

    5973 W M-72 Highway, Grayling, MI 49738

    $850,000
    16.00 AC lot

    Year-round lodging operation with furnished cabins, event facilities, river frontage, and on-site caretaker housing.

    View details
    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Duplex With Attached Garage
    Duplex With Attached Garage

    1205 E Michigan Avenue, Grayling, MI 49738

    Contact for pricing
    2,240 sqft

    Commercial-zoned duplex with separate garage bays, basement storage, laundry facilities, and proximity to Munson Hospital.

    View details
    Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 4 Active listings in Grayling, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 1 Off-Market properties 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
    New Ranch Duplex
    New Ranch Duplex

    447-449 S Main Street, Roscommon, MI 48653

    $304,000
    1,536 sqft 0.30 AC lot

    Two single-story residences provide two bedrooms, one bathroom, and laundry hookups per unit.

    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
    Newly Built Duplex with Porches
    Newly Built Duplex with Porches

    447-449 S Main St, Roscommon, MI 48653

    $304,000

    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:
    No data
    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 14,421 square feet of properties for sale, with an estimated market value of $1,844,800.

    Sale prices for multifamily properties in Grayling, MI start at $299,900, averaging $614,933, 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

    Duplexes 2
    Short term rental properties 2
    Triplexes 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 $591.3K

    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)

    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

    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!