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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 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.
    Last Update: Oct 31
    View details
    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.
    Last Update: Oct 30
    View details
    Based on your search, we've compiled 10 Potential Opportunities for your consideration. Besides 2 Active listings in Rapid City, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 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.

    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
    View details
    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
    View details
    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
    View details
    Two Homes, Endless Possibilities
    $230,000

    Two Homes, Endless Possibilities

    Two homes offer commercial, residential, or mixed-use potential.
    110 W 4Th St, Kalkaska, MI 49646
    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.

    Scenic Land with Lake Views
    $149,900
    1.48 Acres

    Scenic Land with Lake Views

    1.48 acre lot with panoramic lake views.
    4606 Tall Pne Trl NW, Rapid City, MI 49676
    View details
    Torch Lake Vacant Land Parcel
    $60,000
    1.26 Acres

    Torch Lake Vacant Land Parcel

    1.26-acre vacant parcel near Torch Lake with shared lake access.
    000 Buckridge Ct, Rapid City, MI 49676
    View details
    Scenic Lake View Land
    $139,900
    2.24 Acres

    Scenic Lake View Land

    2.24 acre lot with panoramic lake views.
    4910 Panorama Dr NW, Rapid City, MI 49676
    View details
    Scenic Land with Lake Views
    $139,900
    1.83 Acres

    Scenic Land with Lake Views

    1.83-acre lot with panoramic lake views and nature trails.
    4684 Panorama Dr NW, Rapid City, MI 49676
    View details

    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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    Browse Residential income properties for Sale Near Rapid City, MI

    Popular Searches in Rapid City, MI

    Most Searched ZIP Codes in Rapid City, MI

    • 49676

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