Grayling, MI Residential income properties for sale

Turnkey Income Property with On-Site Living

$779,000

15,026 SF

Turnkey Income Property with On-Site Living

615 S I 75 Business Loop, Grayling, MI 49738

Diversified income property featuring apartments, motel, and commercial building.

Includes four 2‑bedroom condo‑style apartments with attached garages, plus an additional 2‑bedroom unit with private entrance and a 2‑bedroom owner’s residence.
Hospitality setup with 23 motel rooms: 4 jacuzzi suites and 8 kitchenette units for nightly and extended‑stay guests.
Separate commercial building on‑site for additional rental income or business use.
New roofs throughout; underground sprinkler system to support the property grounds.
Well and septic tank utilities, with cable available and broadband access; heating via space heater.

Updated: Jan 20

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$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: Oct 17, 2025

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Based on your search, we've compiled 11 Potential Opportunities for your consideration. Besides 2 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 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.

$525,000

5,167 SF

Restaurant, Bar, and Apartments

Established restaurant and bar with additional income from apartments.

6516 N Old 27, Frederic, MI 49733

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$950,000

4,077 SF

Lakeside Cabins Investment Property

Turn-key Northern Michigan resort with strong income potential.

11586 N Old 27, Frederic, MI 49733

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$234,900

2,983 SF

Higgins Lake Mixed-Use Opportunity

Versatile property near Higgins Lake with multiple income streams.

10028 W Higgins Lake, Roscommon, MI 48653

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$125,000

1,344 SF

Top-Floor Condo with Nature Views

Bright condo with two suites, nature views, and garage.

Roscommon, MI 48653

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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.

$39,900

Wooded Lots Near Grayling

Five wooded lots ready for your dream home.

V/L L71-75 Evergreen Drive lot: S 71-75, Grayling, MI 49738

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0.34 Acres

Grayling Vacant Land Near Lake

Vacant land near Lake Margrethe with access to trails.

Battalion Boulevard, Grayling, MI 49738

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0.16 Acres

Roscommon Vlg Land Opportunity

Commercial or residential land for sale in Roscommon Vlg.

N MAIN Street, Roscommon, MI 48653

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Land Overlooking Redwood Golf Course

Large building site near South Higgins Lake State Park.

.57 Acres N Markey Road, Roscommon, MI 48653

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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.

Multifamily properties

Lot: 65.00 Acres

Value Estimation by Request

Brighton Cir

0 Brighton Cir, Grayling, MI 49738

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Grayling, MI Residential Income Properties Investment Opportunities Market Analysis

Explore 3 residential income properties for sale in Grayling, MI on our real estate platform. These investment opportunities span a total of 25,287 square feet of properties for sale, with an estimated market value of $1,473,900.

Sale prices for residential income properties in Grayling, MI start at $694,900, averaging $736,950, and reaching up to $779,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

Neighborhood	Average Price
49738	$737K

Neighborhood

Average Price

49738

$737K