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Grayling, MI Residential Income Properties for Sale

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Well-Maintained Motel in Grayling, MI
Pending
$694,900
10,261 SF

Well-Maintained Motel in Grayling, MI

1024 I-75 Business, Grayling, MI 49738

22-unit motel on 4.86 acres near I-75.

  • Well‑maintained 22‑unit motel, owned and cared for over 30 years, presents a steady stream of patrons.
  • Situated on 4.86 acres on a main thoroughfare with easy I‑75 access, conveniently located in Grayling, MI, near Gaylord and Traverse City.
  • Includes a standalone building with 7 kitchenette units ideal for long‑term rental income.
  • Features an attached 1800 sq ft home with a large master suite, cathedral ceilings, and a large kitchen/living area.
  • Large maintenance building on‑site, suitable for laundry or other uses.
Updated: Jan 12
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Grayling Duplex with Long-Term Tenants
$167,000
920 SF

Grayling Duplex with Long-Term Tenants

610 Spruce St, Grayling, MI 49738

Duplex in Grayling, MI with long-term tenants and garage.

  • Long‑term tenants in place who want to stay.
  • Each unit has its own laundry hookups, electric meter, and electric/gas heat options.
  • Detached 2‑car garage divided equally for storage (one bay per unit).
  • Unit B has new paint and flooring (2024).
  • Unit A bathroom remodeled (early 2025).
Updated: Oct 10, 2025
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Grayling Multifamily Value-Add Opportunity
$995,000

Grayling Multifamily Value-Add Opportunity

Licensed for 49 lots, value-add opportunity near Au Sable River.

4869 Brighton Cir N, Grayling, MI 49738
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Grayling Multifamily Investment Opportunity
$695,000

Grayling Multifamily Investment Opportunity

Multifamily property with high occupancy and $13k gross monthly income.

78 I-75Bl, Grayling, MI 49738
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Based on your search, we've compiled 12 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, plus 3 Land Listings that present a potential for development.

Explore Opportunities in Nearby Cities

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

Otsego Lake Multifamily Cottage Property
$995,000

Otsego Lake Multifamily Cottage Property

Multifamily property with 150' lake frontage and rental income.

3551 W Otsego Lake Dr, Gaylord, MI 49735
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Gaylord Triplex Investment Opportunity
$275,000

Gaylord Triplex Investment Opportunity

Triplex near I-75 in Gaylord, Michigan with rental potential.

3511 S Old Hwy, Gaylord, MI 49735
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Versatile Commercial Property in Kalkaska
$259,900
3 SF

Versatile Commercial Property in Kalkaska

Unique commercial property with endless possibilities in a prime location.

305 Elm St, Kalkaska, MI 49646
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Updated Duplex with In-Law Suite
$325,000
1,800 SF

Updated Duplex with In-Law Suite

Updated, furnished duplex with in-law suite, walk to downtown.

206 W 4Th St, Kalkaska, MI 49646
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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.

Land with Shared Creek Frontage
Contact for pricing
0.22 Acres

Land with Shared Creek Frontage

Vacant land with shared creek frontage and community amenities.

Lovells Rd, Grayling, MI 49738
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50 Acres Hunting Land, Grayling
$174,900
50.00 Acres

50 Acres Hunting Land, Grayling

50 acre hunting property with trail system and clearings.

Parcel C Cherry Crk Trl, Grayling, MI 49738
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Land with Carter Creek
$139,900
40.00 Acres

Land with Carter Creek

40-acre land with creek, pond, and wildlife habitat.

Parcel B Cherry Crk Trl, Grayling, MI 49738
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Explore 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

Brighton Cir

Multifamily properties • 65.00 Acres
Value Estimation by Request
0 Brighton Cir, Grayling, MI 49738
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Grayling, MI Residential Income Properties Investment Opportunities Market Analysis

Explore 5 residential income properties for sale in Grayling, MI, showcased through 4 active listings on our real estate platform. These investment opportunities span a total of 211,702 square feet of properties for sale, with an estimated market value of $694,900.

Prices for residential income properties in Grayling, MI start at $694,900, averaging $694,900, and reaching up to $694,900 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you have the most current data.

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