1205 E Michigan Ave, Grayling, MI, 49738
About This Home
Fantastic Investment Opportunity! This duplex, located directly across the street from Munson Hospital in Grayling, offers instant income with one side currently rented. Live in one unit and rent the other, or lease both for maximum return. Unit A features 1 bedroom, 1 bathroom, and an open living, dining, and kitchen layout and rented at $850/month (tenant wants to stay). Unit B offers 2 bedrooms, 1 bathroom, a spacious living room, and a large eat-in kitchen. The duplex includes an 832 sq. ft. basement with plenty of storage space plus a laundry room, and a 2-car attached garage (split so each unit has its own bay). Additional highlights include natural gas, high-speed internet, and unbeatable convenience within walking distance to downtown Grayling shops, restaurants, and amenities.
Getting Around
Car-Dependent
Very Limited Transit
Somewhat BikeableSchools
Construction
Materials
- Foundation: Basement,Crawl
Type & Style
- Home type: SingleFamily
- Architectural style: Ranch
- Property subType: Single Family Residence
Interior
Appliances
- Appliances included: Water Heater,Washer,Range/Oven,Refrigerator,Dryer
Basement
- Has basement: Yes
- Basement: Partial
Bedrooms & Bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
Features
- Ceiling Fan(s)
- Window features: Blinds
- Flooring: Hardwood
- Finished area above ground: 1,408
Heating
- Heating features: Baseboard,Hot Water,Natural Gas
Interior Area
- Total structure area: 2,240
- Total interior livable area: 2,240 sqft
Master Bedroom
- Level: First
Property
Accessibility
- Accessibility features: GrabBar Mn Flr Bath,Accessible Approach with Ramp
Details
- Parcel number: 07020000400100
- Zoning: COM
Features
- Patio & porch: Patio/Porch
- Frontage type: None
Lot
- Lot size: 0.41 Acres
- Lot size dimensions: 190 x 190 x 250
Parking
- Parking features: Garage Door Opener
- Has garage: Yes
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Lightning
- Winter Weather
- Cold Wave
- Hail
- Inland Flooding
- Strong Wind
- Tornado
How This Home’s Risks Compare
FEMA Declared Disasters in Crawford County and Michigan
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $1,263 | $15,156 |
| Home Insurance * | $114 | $1,368 |
| Property Taxes | $208 | $2,496 |
| Electricity | $244 | $2,931 |
| Total | $1,829 | $21,948 |
Income You'd Need if You Spent...
Michigan FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-03-23 | Listed for sale | $249,900 |
| 2026-03-16 | Listing removed | $249,900 |
| 2025-09-27 | Price change | $249,900 |
| 2025-09-16 | Listed for sale | $259,900 |
| 2000-09-15 | Sold | $71,000 |
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