Residential Income

Grand Traverse County, MI Residential Income Properties for Sale

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26 properties
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9-Unit Mixed-Use Property
Updated: Oct 8
9-Unit Mixed-Use Property

902 W Front, Traverse City, MI 49684

$4,150,000
12,870 sqft 0.22 AC lot
12,870‑square‑foot mixed‑use property on a 0.22‑acre lot
Nine units, each with an individual tax ID
Eight furnished residential units: four 2‑bedroom, 2‑bath and four 1‑bedroom, 1‑bath
Short‑term rentals allowed by right and license
First‑floor commercial space leased through the end of 2028
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Two-Story Duplex with Shared Garage
Updated: Oct 19
Two-Story Duplex with Shared Garage

318-320 Seventh Street, Traverse City, MI 49684

$650,000
3,081 sqft 0.19 AC lot
Side‑by‑side duplex with six bedrooms and 3.5 baths
Each residence has approximately 1,540 square feet and its own basement area
Separate electric, gas, and water/sewer meters for each unit
Shared two‑car garage with alley access
0.19‑acre lot measuring 50' by 166'
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Waterfront Cottage Rental Property
Waterfront Cottage Rental Property

4256 N Spider Lake Road, Traverse City, MI 49696

$699,900
1,456 sqft 0.43 AC lot

Two updated cottages offer separate bedroom layouts, lake access, and established rental history.

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Duplex with Shared Garage
Duplex with Shared Garage

Traverse City, MI 49684

$650,000
1,540 sqft 0.19 AC lot

Two side-by-side residences have separate utility meters and individual basement access.

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Waterfront Quadplex With Cottages
Waterfront Quadplex With Cottages

9321 N Long Lake Road, Traverse City, MI 49684

$1,899,000
1,169 sqft 1.13 AC lot

Lakefront multifamily property with separate cottages, a boathouse, and flexible multi-family zoning.

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Main-Floor Duplex Condominium
Main-Floor Duplex Condominium

1304 Terra Road, Traverse City, MI 49686

$434,900
1,528 sqft

Two bedrooms, a full basement, and a finished bonus area provide a practical residential layout.

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C-2 Zoned 4-Unit Quadplex
C-2 Zoned 4-Unit Quadplex

607 W Front Street, Traverse City, MI 49684

$1,600,000
2,245 sqft 0.19 AC lot

Four furnished apartments feature connecting doors that allow the building to function as one larger group rental.

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Mixed-Use Building with Furnished Residences
Mixed-Use Building with Furnished Residences

Traverse City, MI 49684

$4,150,000
12,870 sqft

Eight furnished residential units accompany a leased ground-floor commercial space.

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4-Unit Victorian Quadplex
4-Unit Victorian Quadplex

607 W Front Street, Traverse City, MI 49684

$1,600,000
2,245 sqft 0.19 AC lot

C-2 zoning and connecting interior doors support flexible use of the four furnished units.

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One-Story Duplex with Two Units
One-Story Duplex with Two Units

4364 Wyatt Road, Traverse City, MI 49684

$385,000
1,728 sqft 0.34 AC lot

Frame construction, residential zoning, and laundry hookups support a practical income-property configuration.

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Remodeled 4-Plex with Flexible Use
Remodeled 4-Plex with Flexible Use

607 W Front St, Traverse City, MI 49684

$1,600,000
2,245 sqft

Fully remodeled 4-plex offers multiple unit configurations and flexible C-2 zoning for a variety of commercial and housing uses.

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Renovated Furnished Duplex
Renovated Furnished Duplex

509 Rose Street, Traverse City, MI 49686

$369,000
977 sqft 0.05 AC lot

Two permitted short-term rental units offer furnished accommodations near downtown Traverse City and the waterfront.

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Residential Income Property with Road Frontage
Residential Income Property with Road Frontage

8921 US-31, Grawn, MI 49637

$345,000
1,276 sqft 3.20 AC lot

Extensive highway frontage and on-site structures offer flexible use considerations, with commercial designation noted in the township plan.

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15-Unit Bay-View Multifamily Property
15-Unit Bay-View Multifamily Property

539 Bay St, Traverse City, MI 49684

$28,400,000
26,532 sqft

Residential units feature private balconies, with garage bays and guest parking at the building.

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New-Construction Residential Income Property
New-Construction Residential Income Property

262 Viola Lane, Traverse City, MI 49685

$329,500
1,500 sqft

Two-story residences feature three bedrooms, attached garages, unfinished basements, and access to shared community amenities.

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Residential Income Property
Residential Income Property

186 Thrive Boulevard, Traverse City, MI 49686

$350,000
1,794 sqft

The residence features a finished basement, an island kitchen, and covered parking with additional storage utility.

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Mixed-Use Building with Residential Units
Mixed-Use Building with Residential Units

161 E Front Street, Traverse City, MI 49684

$4,750,000
8,480 sqft

Four residences sit above two open commercial levels, with the first floor and lower level offered for lease or condominium sale.

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Mixed-Use Development Site
Mixed-Use Development Site

4160 M-72 E, Williamsburg, MI 49690

$1,995,000
12,259 sqft 4.35 AC lot

Approved mixed-use plan with an existing building and fully developed underground site infrastructure.

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Duplex Investment Property with New Roof
Duplex Investment Property with New Roof

Williamsburg, MI 49690

$489,900
2,200 sqft

Two mirror units with attached garages, both leased on one-year terms.

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Scandinavian-Inspired Resort and Event Center
Scandinavian-Inspired Resort and Event Center

5961 E Oslo Street, Williamsburg, MI 49690

$12,900,000
1,780 sqft 18.16 AC lot

Resort campus with cottages, hospitality facilities, event space, and approved mixed-use expansion capacity near Grand Traverse Bay.

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Four-Unit Property Near Downtown
Four-Unit Property Near Downtown

1055 E Front Street, Traverse City, MI 49686

$539,900
0.19 AC lot

Four residential units feature private entrances, rear parking, and proximity to downtown Traverse City and the East Bay waterfront.

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2-Home Multifamily Property
2-Home Multifamily Property

2700 Pinebrook Road, Traverse City, MI 49686

$315,000
1,600 sqft

A detached garage and workshop add functional space alongside the two residences.

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Waterfront Short-Term Rental Cottages
Waterfront Short-Term Rental Cottages

4256 North Spider Lake Road, Traverse City, MI 49696

$699,900

Two furnished lakefront cottages offer flexible vacation rental, owner-use, and multigenerational living options.

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Duplex with Three-Stall Garage
Duplex with Three-Stall Garage

131 N Spruce, Traverse City, MI 49684

$599,900

Two separate living spaces provide flexible residential income and household accommodation.

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Grand Traverse County, MI Residential Income Properties Market Trends and Statistics

Explore 72 residential income properties for sale in Grand Traverse County, MI, showcased through 26 active listings on our real estate platform. These investment opportunities span a total of 101,375 square feet of properties for sale, with an estimated market value of $70,836,900.

Sale prices for residential investment properties in Grand Traverse County, MI start at $315,000, averaging $2,724,496, and reaching up to $28,400,000 — 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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