Residential Income

Grand Traverse County, MI Residential Income Properties for Sale

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33 properties
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Waterfront Duplex with Two Cottages
Updated: Sep 2
Waterfront Duplex with Two Cottages

4256 N Spider Lake Road, Traverse City, MI 49696

$720,000
1,456 sqft 0.43 AC lot
Two separate cottages totaling 1,456 square feet on 0.43 acres
One‑bedroom, one‑bath and two‑bedroom, one‑bath cottage configurations
Spider Lake waterfront with sandy beach and lake frontage
Township Cabin Court designation exempts property from local short‑term rental restrictions
Larger cottage includes a sunroom and lakeside deck
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Waterfront Quadplex With Cottages
Updated: Aug 30
Waterfront Quadplex With Cottages

9321 N Long Lake Road, Traverse City, MI 49684

$1,899,000
1,169 sqft 1.13 AC lot
1.13‑acre property with 143 feet of private sandy beach frontage on Long Lake
Quadplex classification with a main residence and separate cottages
Boathouse provides storage for recreational equipment and lawn tools
Cottage‑style improvements include brick construction, loft, fireplace, and asphalt roof
Located at 9321 N Long Lake Road, Traverse City, MI 49684
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Three-Unit Multifamily Property
Three-Unit Multifamily Property

316 Huron Street, Traverse City, MI 49686

$550,000
2,636 sqft 0.34 AC lot

Residential configuration includes a separate cottage, upper-level deck, and attached two-car garage.

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See what stands out in Grand Traverse County

We check every for-sale listing in the county against comparable properties across the country. Most price about where you would expect. A few are worth a second look.

We check every listing here. A few are worth a second look.

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Income-Generating Duplex with Cottage
Income-Generating Duplex with Cottage

316 Huron St, Traverse City, MI 49686

$550,000
1,240 sqft

Well-maintained two-unit main structure plus a separate one-bedroom cottage provides three rental units.

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Updated Quadplex with Garage
Updated Quadplex with Garage

1627 Rasho Road, Traverse City, MI 49696

$849,000
5,008 sqft 1.10 AC lot

Four residential units with shared laundry, recent improvements, and a detached garage on a landscaped parcel.

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Remodeled Victorian Quadplex
Remodeled Victorian Quadplex

607 W Front Street, Traverse City, MI 49684

$1,700,000
2,245 sqft 0.19 AC lot

C-2 commercial zoning supports flexible residential and commercial use potential in downtown Traverse City.

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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

$1,700,000
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

$399,000
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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Rezoned Multifamily Development Land
Rezoned Multifamily Development Land

2624 Hartman Road, Traverse City, MI 49685

$740,000
900 sqft 5.25 AC lot

Rezoned to R-3 with on-site well and septic, offering apartment development options on approximately 5.25 acres.

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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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Duplex Property with Pole Barn
Duplex Property with Pole Barn

8155 Blackman Road, Kingsley, MI 49649

$725,000
5,800 sqft 9.97 AC lot

Ranch-style layout includes separate electrical services, two septic systems, and a finished walkout basement.

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Duplex with Three-Lot Site
Duplex with Three-Lot Site

535 W Twelfth Street, Traverse City, MI 49684

$599,000
2,490 sqft 0.28 AC lot

Flexible multi-family property with updated living areas, a convertible upper unit, and residential multi-family zoning.

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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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Two-Unit Duplex with Downtown Access
Two-Unit Duplex with Downtown Access

633 E Eighth, Traverse City, MI 49686

$350,000
1,428 sqft 0.09 AC lot

Two leased apartments each offer a kitchen, living room, two bedrooms, and one bathroom.

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Updated Furnished Duplex with Attached Garages
Updated Furnished Duplex with Attached Garages

284 Astro Drive, Traverse City, MI 49685

$449,900
2,304 sqft 0.90 AC lot

Two fully furnished residences offer flexible occupancy options with recent interior updates and residential multifamily zoning.

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Tenant-Owned Manufactured Housing Community
Tenant-Owned Manufactured Housing Community

9178 S Lucille St, Traverse City, MI 49684

$3,300,000
10.56 AC lot

First Point MHC is a 50-unit, 100% occupied tenant-owned manufactured housing community with private well and septic systems.

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Duplex with Separate Garages
Duplex with Separate Garages

3434 & 3436 Mahoney Drive, Traverse City, MI 49686

$424,900
1,872 sqft 1.10 AC lot

Two-unit property with one occupied residence and a newly refreshed vacancy on an oversized private-well and septic lot.

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Multifamily Property with Barns
Multifamily Property with Barns

Traverse City, MI 49696

$3,500,000
6,901 sqft 40.00 AC lot

Eight homes and four large barns occupy a private acreage setting near Traverse City.

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Multifamily Property with Four Barns
Multifamily Property with Four Barns

55 S Hope Ridge, Traverse City, MI 49696

$3,500,000
15,383 sqft 40.39 AC lot

Eight residences and multiple barns occupy a substantial rural property with shared septic, private well, and pond amenities.

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

4256 North Spider Lake Road, Traverse City, MI 49696

$720,000

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

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Furnished Rental Resort Property
Furnished Rental Resort Property

2960 Arbutus Hill Road, Traverse City, MI 49696

$3,800,000
36.50 AC lot

Resort property with furnished accommodations, a main residence, and direct Garfield Road frontage on 36.5 acres.

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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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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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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 33 active listings on our real estate platform. These investment opportunities span a total of 80,862 square feet of properties for sale, with an estimated market value of $46,743,800.

Sale prices for residential income properties in Grand Traverse County, MI start at $279,900, averaging $1,416,478, and reaching up to $12,900,000 — 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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