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    Grayling, MI
    Residential Income

    Grayling, MI Residential Income Properties for Sale

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    Frederic, MI Roscommon, MI Kalkaska, MI Marquette, MI Fife Lake, MI Gaylord, MI Mancelona, MI Saint Helen, MI
    Ranch Triplex on AuSable River
    Updated: Jun 25
    Ranch Triplex on AuSable River

    101 Milltown Court, Grayling, MI 49738

    $299,900
    1,920 sqft
    1,920‑square‑foot ranch‑style triplex
    Three units currently occupied on month‑to‑month agreements
    Unit mix includes two 2‑bedroom units and one 1‑bedroom unit
    Located along the AuSable River at 101 Milltown Court
    Natural gas forced‑air heating
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    22-Unit Motel with Kitchenettes
    Updated: Oct 17, 2025
    22-Unit Motel with Kitchenettes

    1024 I-75 Business, Grayling, MI 49738

    $694,900
    10,261 sqft 4.86 AC lot
    22‑unit motel on 4.86 acres
    10,261 square feet of property size
    Seven kitchenette units in a standalone building
    Attached 1,800 sq ft residence with master suite, cathedral ceilings, kitchen, and living area
    Separate maintenance building and extensive on‑site parking
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    Riverside Cabin Resort
    Riverside Cabin Resort

    5973 W M-72 Highway, Grayling, MI 49738

    $850,000
    16.00 AC lot

    Year-round lodging operation with furnished cabins, event facilities, river frontage, and on-site caretaker housing.

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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Duplex With Attached Garage
    Duplex With Attached Garage

    1205 E Michigan Avenue, Grayling, MI 49738

    Contact for pricing
    2,240 sqft

    Commercial-zoned duplex with separate garage bays, basement storage, laundry facilities, and proximity to Munson Hospital.

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    Based on your search, we've compiled 13 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 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.

    New Ranch Duplex
    New Ranch Duplex

    447-449 S Main Street, Roscommon, MI 48653

    $304,000
    1,536 sqft 0.30 AC lot

    Two single-story residences provide two bedrooms, one bathroom, and laundry hookups per unit.

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    Restaurant and Bar with Apartments
    Restaurant and Bar with Apartments

    6516 N Old 27, Frederic, MI 49733

    $525,000
    5,167 sqft 0.40 AC lot

    Fully equipped kitchen, licensed bar, and separate-entry upstairs apartments create a versatile commercial layout.

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    Live-Work Property with Accessible Bathroom
    Live-Work Property with Accessible Bathroom

    6464 N Old 27, Frederic, MI 49733

    $399,000
    3,113 sqft 0.40 AC lot

    Spacious 5-bed, 2-bath home with attached commercial space featuring a handicap-accessible bathroom.

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    Newly Built Duplex with Porches
    Newly Built Duplex with Porches

    447-449 S Main St, Roscommon, MI 48653

    $304,000

    Two updated rental units offer practical layouts, private laundry hookups, and covered entry porches.

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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.

    Wooded Lots Near Grayling
    Wooded Lots Near Grayling

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

    $39,900

    Five wooded lots ready for your dream home.

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    Grayling Vacant Land Near Lake
    Grayling Vacant Land Near Lake

    Battalion Boulevard, Grayling, MI 49738

    Contact for pricing
    0.34 AC lot

    Vacant land near Lake Margrethe with access to trails.

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    Wooded Land Near Higgins Lake
    Wooded Land Near Higgins Lake

    Pocahontas Trail lot: 6, Roscommon, MI 48653

    Contact for pricing
    0.70 AC lot

    Vacant 0.7 acre wooded parcel near Higgins Lake State Park.

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    Wooded Lot Near Lakes
    Wooded Lot Near Lakes

    Fascination Drive lot: 222, Frederic, MI 49733

    Contact for pricing
    0.86 AC lot

    0.86-acre lot with lake access and community amenities.

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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.

    Brighton Cir
    Multifamily properties

    0 Brighton Cir, Grayling, MI 49738

    Estimated value:
    No data
    65.00 AC lot
    View details

    Grayling, MI Residential Income Properties Market Trends and Statistics

    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 14,421 square feet of properties for sale, with an estimated market value of $1,844,800.

    Sale prices for residential income properties in Grayling, MI start at $299,900, averaging $614,933, and reaching up to $850,000 — 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

    Multifamily properties 5
    Duplexes 2
    Short term rental properties 2
    Triplexes 1

    Demographics Overview

    Population 9,599
    Population Growth (5Y) +0.0%
    Median Household Income $57,573
    College Educated 14.6%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    49738 $591.3K

    Taxes & Financing

    Tax Rate (average for all types) 2.14%
    Property Tax per SF $79.70 per SF
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Crawford County

    New Delisted

    Total CRE Inventory on Market (SF)

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