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Rapid City, MI Residential Income Properties for Sale

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Torch Lake Resort Property
$1,600,000
9,501 SF

Torch Lake Resort Property

12800 Cherry Ave, Rapid City, MI 49676

Updated 14-unit motel near Torch Lake's sandbar.

  • Prime location steps from Torch Lake's sandbar in a sought‑after Northern Michigan destination.
  • Turnkey, updated 14‑unit motel generating immediate cash flow with minimal vacancy.
  • Includes a separate 3‑bed, 2‑bath home for on‑site management or rental income.
  • Potential for expansion and flexible room configurations to accommodate groups.
  • Features a full commercial kitchen, lobby office, pavilion, and whole‑building generator.
Updated: Oct 30, 2025
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Torch Lake Resort Property
$1,600,000
9,501 SF

Torch Lake Resort Property

12800 Cherry Ave, Rapid City, MI 49676

Updated 14-unit motel and 3-bed home near Torch Lake.

  • Prime location steps from Torch Lake's sandbar in a high‑demand area.
  • Turnkey, updated 14‑unit motel generating immediate cash flow.
  • Includes a separate 3‑bed, 2‑bath home for on‑site management or rental income.
  • Potential for expansion and minimal vacancy throughout the summer season.
  • Features a full commercial kitchen, lobby office, pavilion, and whole‑building generator.
Updated: Oct 31, 2025
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Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 2 Active listings in Rapid City, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities

Explore Opportunities in Nearby Cities

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

Multifamily Property Near Grand Traverse
$799,900

Multifamily Property Near Grand Traverse

Multifamily property with shared frontage on Grand Traverse Bay.

10774 S Us-31, Williamsburg, MI 49690
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5-Acre Wooded Lot, Williamsburg, MI
$229,900
5.00 Acres

5-Acre Wooded Lot, Williamsburg, MI

Build your Up North dream home!

7339 Dockery Hl Ln, Williamsburg, MI 49690
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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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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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Rapid City, MI Residential Income Properties Investment Opportunities Market Analysis

Explore 2 residential income properties for sale in Rapid City, MI on our real estate platform. These investment opportunities span a total of 172,498 square feet of properties for sale, with an estimated market value of $3,200,000.

Prices for residential income properties in Rapid City, MI start at $1,600,000, averaging $1,600,000, and reaching up to $1,600,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you have the most current data.

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