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    Grawn, MI
    Residential Income

    Grawn, MI Residential Income Properties for Sale

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    Traverse City, MI Interlochen, MI Kingsley, MI Buckley, MI
    Commercial Property with Pole Barn
    Updated: Mar 2
    Commercial Property with Pole Barn

    8890 US-131, S, Grawn, MI 49637

    $279,900
    1,836 sqft 0.76 AC lot
    100 ft of road frontage on US Highway 31
    1836 SF building plus a 40x24 heated and electrified pole barn
    Over 3/4 acre lot with private water source
    Commercial zoning; currently used as a residential home
    Home features up to 4 bedrooms and a fieldstone fireplace
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    This listing looks promising.

    Here's a quick look at some key insights for

    8890 US-131, S, Grawn, MI 49637-9622

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    • Est. Cap Rate

      6.2%
      Above avg (5.9%)

    • Est. NOI

      $17K
      Annual

    • Price @ 7% Cap

      $249K
      Suggested

    • Property Type

      Commercial (General)
      Built 1962
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    Residential Income Property with Road Frontage
    Updated: Jun 2, 2025
    Residential Income Property with Road Frontage

    8921 US-31, Grawn, MI 49637

    $395,000
    1,276 sqft 3.20 AC lot
    Over 425 ft of road frontage on US Highway 31
    Futures master plan designates the property Commercial (currently zoned Residential; change may be possible per Township)
    Home features a two‑car garage plus two large sheds
    Field stone fireplace and a wooded setting in the back
    Construction includes frame structure with vinyl and stone exterior finishes; asphalt roof
    View details
    Based on your search, we've compiled 11 Potential Opportunities for your consideration. Besides 2 Active listings in Grawn, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 1 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

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

    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.

    View details
    Furnished Duplex with Attached Garages
    Furnished Duplex with Attached Garages

    284 Astro Drive, Traverse City, MI 49685

    $449,900
    2,304 sqft 0.90 AC lot

    Furnished two-bedroom units in a frame duplex with attached garages, on a 0.9-acre lot and sprinkler system.

    View details
    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.

    View details
    Duplex with Attached Garages
    Duplex with Attached Garages

    Traverse City, MI 49685

    $449,900

    Two updated two-bedroom units with attached garages, offered furnished and ready for flexible live-in or rental use.

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Interlochen 10-Acre Wooded Parcel
    Interlochen 10-Acre Wooded Parcel

    Langs Lane, Interlochen, MI 49643

    $175,000
    10.13 AC lot

    Beautiful 10-acre wooded parcel, perfect for building your dream home.

    View details
    Lakefront Residential Land Parcel
    Lakefront Residential Land Parcel

    Harris Point Trail, Lake Ann, MI 49650

    $299,000
    5.82 AC lot

    5.82-acre lakefront parcel with wooded upland for building and wetlands limiting development on the east side.

    View details
    Planned Unit Development Land Opportunity
    Planned Unit Development Land Opportunity

    VL Cedar Run Road, Traverse City, MI 49684

    $2,300,000
    107.30 AC lot

    Approved PUD with ready-to-build lots, boat/snowmobile storage, and association barns on more than 100 acres.

    View details
    Multifamily Land Opportunity
    Multifamily Land Opportunity

    2624 Hartman Road, Traverse City, MI 49685

    $740,000
    5.25 AC lot

    5.25-acre parcel in Garfield Township with a permitted R-3 rezoning and existing well and septic.

    View details

    Off-Market Properties in Grawn, MI

    Consider similar Off-Market properties in Grawn, 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.

    1565 Co Rd
    Land

    1565 Co Rd, Grawn, MI 49637

    Value Estimation by Request
    2.68 AC lot
    View details

    Grawn, MI Residential Income Properties Market Trends and Statistics

    Explore 3 residential income properties for sale in Grawn, MI on our real estate platform. These investment opportunities span a total of 3,112 square feet of properties for sale, with an estimated market value of $674,900.

    Sale prices for residential income properties in Grawn, MI start at $279,900, averaging $337,450, and reaching up to $395,000 — 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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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Single family properties 2

    Demographics Overview

    Population 3,535
    Population Growth (5Y) -7.4%
    Median Household Income $74,871
    College Educated 31.7%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    49637 $730.3K

    Taxes & Financing

    Tax Rate (average for all types) 3.90%
    Property Tax per SF $95.05 per SF
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Grand Traverse County

    New Delisted

    Total CRE Inventory on Market (SF)

    Average Property Price per SF

    For-sale pricing trends across core commercial property types in Grand Traverse County

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