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Grand Traverse County, MI Residential Income Properties for Sale

24 results
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Two Homes, One Lot
$799,000
3,700 SF

Two Homes, One Lot

628 6Th St, Traverse City, MI 49684

Two homes on one lot in Traverse City.

  • Two full‑sized homes on one lot in Traverse City offering immediate income potential.
  • Prime location within walking/biking distance to downtown restaurants, shops, and the beach.
  • Carriage House is recently renovated with 2 bedrooms, 2 bathrooms, private laundry, and a 2‑car garage; currently tenant‑occupied providing immediate rental income.
  • Front home retains original charm with hardwood floors, fireplace with built‑ins, and bay window; includes new furnace and water heater.
  • Each home has a private backyard and garage.
Updated: Dec 10, 2025
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Resort and Multifamily Investment Opportunity
$12,900,000
1,780 SF

Resort and Multifamily Investment Opportunity

5961 E Oslo St, Williamsburg, MI 49690

Scandinavian-inspired resort near Grand Traverse Bay with income-generating assets.

  • Existing Income: $750,000 annual rental income from 17 completed and leased cottages.
  • Expansion Potential: Pre‑approved for up to 120,000 sq ft mixed‑use development.
  • Prime Location: Minutes from downtown Traverse City and a quarter mile from Grand Traverse Bay.
  • Resort Amenities: Includes a fully renovated restaurant with liquor license, 13,000 sq ft event center, and commercial kitchen.
  • Scandinavian Design: 17 completed cottages featuring unique Scandinavian‑inspired design.
Updated: Dec 30, 2025
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Traverse City Investment Opportunity
$1,240,500
3,000 SF

Traverse City Investment Opportunity

Six fully rented condo units near downtown Traverse City.

918 W Front St, Traverse City, MI 49684
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Traverse City Duplex Investment Opportunity
$245,000
1,560 SF

Traverse City Duplex Investment Opportunity

Ranch-style duplex in Traverse City with renovation potential.

1638-1640 S Garfield Ave, Traverse City, MI 49686
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Ranch-Style Duplex in Traverse City
$245,000
780 SF

Ranch-Style Duplex in Traverse City

Investment opportunity: ranch-style duplex with renovation potential in Traverse City.

1638-1640 S Garfield Ave, Traverse City, MI 49686
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Updated Home in Traverse City
$384,900
1,252 SF

Updated Home in Traverse City

Updated 3 bed, 1.5 bath home in downtown Traverse City.

111 W 14Th St, Traverse City, MI 49684
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Kingsley Shop Building with Rental Income
$400,000
4,000 SF

Kingsley Shop Building with Rental Income

4,000 sqft shop, mobile home, and pond near Kingsley.

4205 E M-113, Kingsley, MI 49649
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Charming Duplex in Traverse City
$610,000
1,770 SF

Charming Duplex in Traverse City

Duplex in the heart of Traverse City, ideal location.

214 Wellington St, Traverse City, MI 49686
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New Energy-Efficient Duplex Condo
$479,900

New Energy-Efficient Duplex Condo

Brand new, energy-efficient duplex condo near Traverse City.

1729 Linden Ave, Traverse City, MI 49686
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New Energy-Efficient Duplex Condo
$479,900

New Energy-Efficient Duplex Condo

One-level, handicap-accessible living near Traverse City.

1733 Linden Ave, Traverse City, MI 49686
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Updated Condo Near East Bay
$340,000

Updated Condo Near East Bay

Remodeled 3-bedroom condo with modern finishes and flexible living spaces.

1801 St Joseph St, Traverse City, MI 49686
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Effortless Condo Living Near Traverse
$499,900

Effortless Condo Living Near Traverse

Beautifully designed condo with main-floor living and walk-out lower level.

5227 Hazelnut Ct, Traverse City, MI 49685
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Holiday Hills Condo with Fireplace
$239,900
1,152 SF

Holiday Hills Condo with Fireplace

Charming two-bedroom condo near recreation and Traverse City.

3947 Emily Ln, Traverse City, MI 49686
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Grand Traverse Commons Top Floor Condo
$699,000
1,768 SF

Grand Traverse Commons Top Floor Condo

Luxury condo with views, updated kitchen, and versatile loft.

800 Cottageview Dr, Traverse City, MI 49684
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Cozy Condo Near Downtown
$227,500
917 SF

Cozy Condo Near Downtown

Two-bedroom condo near beaches, trails, restaurants, and shopping.

515 Georgetown Dr, Traverse City, MI 49684
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Low Maintenance Condo Near Downtown
$419,900
1,140 SF

Low Maintenance Condo Near Downtown

2BR, 1.5BA condo near downtown Traverse City with lake access.

1548 Simsbury St, Traverse City, MI 49686
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Renovated Condo Overlooking Boardman River
$369,900
950 SF

Renovated Condo Overlooking Boardman River

Downtown condo with private balcony and Boardman River views.

641 Riverine Dr, Traverse City, MI 49684
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Low Maintenance Condo Near Downtown
$469,900

Low Maintenance Condo Near Downtown

3BR, 2BA condo with shared lake frontage and downtown access.

1502 Simsbury St, Traverse City, MI 49686
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Low Maintenance Condo Near Downtown
$369,900
749 SF

Low Maintenance Condo Near Downtown

One bedroom condo with lake access and convenient location.

1548 Simsbury St, Traverse City, MI 49686
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Downtown Traverse City Condo
$565,000
995 SF

Downtown Traverse City Condo

Furnished condo with rooftop deck and West Bay views.

138 Gillis St, Traverse City, MI 49684
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Updated Condo in Hammond Place
$335,000
1,272 SF

Updated Condo in Hammond Place

Updated 2-bedroom, 2-bathroom condo with modern finishes and private courtyard.

2184 Hammond Place Ctr, Traverse City, MI 49686
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Multifamily Property Near Grand Traverse
$799,900

Multifamily Property Near Grand Traverse

Multifamily property with shared frontage on Grand Traverse Bay.

10774 S Us-31, Williamsburg, MI 49690
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Well-Maintained Duplex in Williamsburg
$669,000

Well-Maintained Duplex in Williamsburg

Duplex with many possibilities in a private, wooded setting.

5279 Vinton Rd, Williamsburg, MI 49690
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Commercial Building with Residential Unit
$295,000

Commercial Building with Residential Unit

Commercial building with a two-bedroom apartment in Interlochen.

2665 J Maddy Pkwy, Interlochen, MI 49643
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Based on your search, we've compiled Potential Opportunities for your consideration. Besides 24 Active Listings in Grand Traverse County, MI, we suggest to view alternatives - similar 1951 Off-Market properties to explore as potential leads.

Grand Traverse County, MI Residential Income Properties Investment Opportunities Market Analysis

Explore 1964 residential income properties for sale in Grand Traverse County, MI, showcased through 24 active listings on our real estate platform. These investment opportunities span a total of 6,906,002 square feet of properties for sale, with an estimated market value of $33,953,400.

Prices for residential income properties in Grand Traverse County, MI start at $245,000, averaging $2,122,087, and reaching up to $12,900,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you have the most current data.

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