Real Estate Investment Properties for Sale in Michigan City, IN

Looking for investment property in Michigan City, IN with high ROI ?

Explore a variety of short-term homes & houses in Michigan City, IN. Invest wisely with VRBO & Michigan City, IN Airbnb properties available for purchase. Find your ideal investment property among our curated listings for a rewarding real estate venture.

Single Family Homes for Sale in Michigan City, IN

Search for Single Family Residential for Sale in Michigan City, Indiana. Browse all of Mashvisor’s Single Family Residential listings and other investment property types including Single Family Homes, Multi Family Homes, Condos, Townhouses and Other Homes.

Showing 51 Single Family Residential listings of over 500,000 total investment properties for sale. Visit Mashvisor.com to all investment properties.

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
2414 Manhattan Street Michigan City, IN Welcome home! This charming ranch style home is ready to be yours! The roof was replaced i...	3 beds \| 1 baths \| 840 sq.ft.	$157,000	Airbnb cash on cash: 1.81% Traditional cash on cash: 7.16% Airbnb Rental Income: $917 Traditional Rental Income: $1377 Airbnb ROI: 1.81% Traditional ROI: 7.16%
715 S Ashland Avenue Michigan City, IN This top-shelf two-bedroom 1930's bungalow offers perhaps the finest features of it's clas...	2 beds \| 1 baths \| 764 sq.ft.	$179,500	Airbnb cash on cash: 0.32% Traditional cash on cash: 3.79% Airbnb Rental Income: $779 Traditional Rental Income: $1053 Airbnb ROI: 0.32% Traditional ROI: 3.79%
118 Krueger Avenue Michigan City, IN Built in 2021, this stunning home is just a short walk to the beach and Washington Park an...	3 beds \| 4 baths \| 2,139 sq.ft.	$765,000	Airbnb cash on cash: -0.99% Traditional cash on cash: 0.83% Airbnb Rental Income: $917 Traditional Rental Income: $1874 Airbnb ROI: -0.99% Traditional ROI: 0.83%
724 Dupage Street Michigan City, IN Newer roof, newer windows and furnace. This 3 bedroom, 1 bath home has plenty of room to g...	3 beds \| 1 baths \| 1,702 sq.ft.	$209,999	Airbnb cash on cash: 0.43% Traditional cash on cash: 4.96% Airbnb Rental Income: $917 Traditional Rental Income: $1477 Airbnb ROI: 0.43% Traditional ROI: 4.96%
116 Fogarty Street Michigan City, IN Would be yours to stay as you please but currently this property is an established Airbnb ...	4 beds \| 3 baths \| 2,244 sq.ft.	$599,900	Airbnb cash on cash: -0.83% Traditional cash on cash: 2.41% Airbnb Rental Income: $991 Traditional Rental Income: $2451 Airbnb ROI: -0.83% Traditional ROI: 2.41%
409 Holly Road Michigan City, IN Welcome home to this charming 3-bedroom, 2-bath ranch centrally located in the heart of Mi...	3 beds \| 2 baths \| 1,228 sq.ft.	$235,000	Airbnb cash on cash: 0.14% Traditional cash on cash: 5.52% Airbnb Rental Income: $917 Traditional Rental Income: $1772 Airbnb ROI: 0.14% Traditional ROI: 5.52%
102 Leeds Avenue Michigan City, IN Charming Blue 1-Story Ranch Bungalow , this 3-bedroom 2-bath nestled in the heart of Michi...	3 beds \| 2 baths \| 1,078 sq.ft.	$240,000	Airbnb cash on cash: -0.13% Traditional cash on cash: 4.52% Airbnb Rental Income: $917 Traditional Rental Income: $1631 Airbnb ROI: -0.13% Traditional ROI: 4.52%
507 Center Street Michigan City, IN A rare short-term rental gem with timeless charm and modern luxury! Step back in time whil...	4 beds \| 2 baths \| 3,840 sq.ft.	$590,000	Airbnb cash on cash: -1.46% Traditional cash on cash: 1.75% Airbnb Rental Income: $991 Traditional Rental Income: $2403 Airbnb ROI: -1.46% Traditional ROI: 1.75%
406 Bolka Avenue Michigan City, IN Welcome to The Bolka Dot House, a truly turnkey short-term rental opportunity in Michigan ...	3 beds \| 2 baths \| 2,344 sq.ft.	$293,000	Airbnb cash on cash: -0.54% Traditional cash on cash: 6.62% Airbnb Rental Income: $917 Traditional Rental Income: $2549 Airbnb ROI: -0.54% Traditional ROI: 6.62%
1441 N Wozniak Road Michigan City, IN Fabulous country living with room for everyone is yours in this sprawling 5 bedroom, 3 bat...	5 beds \| 3 baths \| 3,866 sq.ft.	$595,000	Airbnb cash on cash: -0.01% Traditional cash on cash: 3.63% Airbnb Rental Income: $1567 Traditional Rental Income: $3141 Airbnb ROI: -0.01% Traditional ROI: 3.63%
312 Wilshire Avenue Michigan City, IN Brick 3 bedroom home with modern updates throughout. The main level includes a bright livi...	3 beds \| 3 baths \| 2,918 sq.ft.	$342,000	Airbnb cash on cash: -0.13% Traditional cash on cash: 6.22% Airbnb Rental Income: $917 Traditional Rental Income: $2614 Airbnb ROI: -0.13% Traditional ROI: 6.22%
118 Jackson Street Michigan City, IN	3 beds \| 2 baths \| 1,642 sq.ft.	$179,000	Airbnb cash on cash: 0.77% Traditional cash on cash: 6.33% Airbnb Rental Income: $917 Traditional Rental Income: $1523 Airbnb ROI: 0.77% Traditional ROI: 6.33%
105 Hancock Avenue Michigan City, IN Generating a solid 9.15 CAP rate, this property delivers immediate cash flow with addition...	5 beds \| 1 baths \| 1,727 sq.ft.	$149,000	Airbnb cash on cash: 5.3% Traditional cash on cash: 9.22% Airbnb Rental Income: $1567 Traditional Rental Income: $1677 Airbnb ROI: 5.3% Traditional ROI: 9.22%
103 Mayfield Drive Michigan City, IN NEW CONSTRUCTION featuring energy saving technology and engineering. Custom 4+ bedroom/ 3 ...	4 beds \| 3 baths \| 2,715 sq.ft.	$524,000	Airbnb cash on cash: 0.06% Traditional cash on cash: 4.89% Airbnb Rental Income: $991 Traditional Rental Income: $3004 Airbnb ROI: 0.06% Traditional ROI: 4.89%
1941 N Shebel Road Michigan City, IN A Fairytale Home Awaiting Its Grand Finale! Once upon a time, nestled on a quiet and seren...	3 beds \| 1 baths \| 3,534 sq.ft.	$420,000	Airbnb cash on cash: -0.09% Traditional cash on cash: 2.59% Airbnb Rental Income: $917 Traditional Rental Income: $1630 Airbnb ROI: -0.09% Traditional ROI: 2.59%
717 Pine Street Michigan City, IN Step into History and Luxury at the Historic Stockwell Mansion! This exquisitely preserved...	5 beds \| 6 baths \| 4,500 sq.ft.	$549,000	Airbnb cash on cash: 0.54% Traditional cash on cash: 10.8% Airbnb Rental Income: $1567 Traditional Rental Income: $6380 Airbnb ROI: 0.54% Traditional ROI: 10.8%
802 Washington Park Boulevard Michigan City, IN Enjoy easy one level living in this charming ranch on a corner lot in a desirable Lake Mic...	3 beds \| 1 baths \| 1,196 sq.ft.	$379,900	Airbnb cash on cash: -0.58% Traditional cash on cash: 2.27% Airbnb Rental Income: $917 Traditional Rental Income: $1590 Airbnb ROI: -0.58% Traditional ROI: 2.27%
432 Washington Park Boulevard Michigan City, IN Spectacular Location! For the first time ever, this lovingly cared-for, one-owner home is ...	3 beds \| 1 baths \| 1,330 sq.ft.	$379,900	Airbnb cash on cash: 0.24% Traditional cash on cash: 3.23% Airbnb Rental Income: $917 Traditional Rental Income: $1644 Airbnb ROI: 0.24% Traditional ROI: 3.23%
309 Jackson Street Michigan City, IN Versatile Michigan City Home Near Downtown & Lake Michigan! Discover this well-located pro...	3 beds \| 2 baths \| 1,664 sq.ft.	$169,000	Airbnb cash on cash: 0.48% Traditional cash on cash: 10.09% Airbnb Rental Income: $917 Traditional Rental Income: $2124 Airbnb ROI: 0.48% Traditional ROI: 10.09%
11111 W 100 N Michigan City, IN Potential in this farmhouse with multiple older outbuildings on 30 acres. Some farmed, som...	3 beds \| 1 baths \| 2,034 sq.ft.	$485,000	Airbnb cash on cash: -0.31% Traditional cash on cash: 2.16% Airbnb Rental Income: $917 Traditional Rental Income: $1696 Airbnb ROI: -0.31% Traditional ROI: 2.16%
705 Plymouth Court Michigan City, IN Turn-key 4-bedroom home with a new roof, ideally located near Gardena Park. This property ...	4 beds \| 1 baths \| 1,444 sq.ft.	$189,900	Airbnb cash on cash: 1.53% Traditional cash on cash: 6.57% Airbnb Rental Income: $991 Traditional Rental Income: $1547 Airbnb ROI: 1.53% Traditional ROI: 6.57%
1802 Washington Street Michigan City, IN comfortable living at it's best, near South Shore doubkle track, lighthouse place for shop...	3 beds \| 2 baths \| 1,468 sq.ft.	$229,000	Airbnb cash on cash: 0.73% Traditional cash on cash: 6.71% Airbnb Rental Income: $917 Traditional Rental Income: $1870 Airbnb ROI: 0.73% Traditional ROI: 6.71%
618 Dupage Street Michigan City, IN INVESTOR SPECIAL priced at 89,900! This 1 1/2 story home has been gutted, offering a c...	3 beds \| 1 baths \| 1,261 sq.ft.	$89,900	Airbnb cash on cash: 1.9% Traditional cash on cash: 11.84% Airbnb Rental Income: $917 Traditional Rental Income: $1449 Airbnb ROI: 1.9% Traditional ROI: 11.84%
112 Blaine Street Michigan City, IN This lovingly restored Sheridan Beach cottage is that rare blend of timeless charm and mod...	3 beds \| 2 baths \| 1,228 sq.ft.	$499,000	Airbnb cash on cash: -0.34% Traditional cash on cash: 2.13% Airbnb Rental Income: $917 Traditional Rental Income: $1727 Airbnb ROI: -0.34% Traditional ROI: 2.13%
3007 Maple Street Michigan City, IN Now is your chance to own this incredible Limestone Ranch on a well-established tree lined...	3 beds \| 2 baths \| 2,395 sq.ft.	$314,900	Airbnb cash on cash: -0.52% Traditional cash on cash: 5.37% Airbnb Rental Income: $917 Traditional Rental Income: $2319 Airbnb ROI: -0.52% Traditional ROI: 5.37%
120 Grace Street Michigan City, IN Completely remodeled and truly move-in ready! This beautifully updated 4-bedroom, 2.5-bath...	4 beds \| 3 baths \| 2,142 sq.ft.	$244,900	Airbnb cash on cash: 1.16% Traditional cash on cash: 9.33% Airbnb Rental Income: $991 Traditional Rental Income: $2526 Airbnb ROI: 1.16% Traditional ROI: 9.33%
10290 Old Grand Beach Road Michigan City, IN	3 beds \| 2 baths \| 1,692 sq.ft.	$564,900	Airbnb cash on cash: -1.14% Traditional cash on cash: 2.18% Airbnb Rental Income: $917 Traditional Rental Income: $2325 Airbnb ROI: -1.14% Traditional ROI: 2.18%
122 Memorial Drive Michigan City, IN Freshly updated home on a quiet dead end street! This bi-level has recently been updated w...	4 beds \| 2 baths \| 2,175 sq.ft.	$229,000	Airbnb cash on cash: 0.67% Traditional cash on cash: 8.98% Airbnb Rental Income: $991 Traditional Rental Income: $2437 Airbnb ROI: 0.67% Traditional ROI: 8.98%
414 Holly Road Michigan City, IN Motivated Seller! Welcome to this move-in ready home in a fantastic neighborhood, convenie...	4 beds \| 3 baths \| 2,080 sq.ft.	$299,500	Airbnb cash on cash: 0.52% Traditional cash on cash: 7.99% Airbnb Rental Income: $991 Traditional Rental Income: $2744 Airbnb ROI: 0.52% Traditional ROI: 7.99%
312 S Dickson Street Michigan City, IN Well maintained & updated home blending classic Michigan City charm with modern comfort. S...	3 beds \| 2 baths \| 1,820 sq.ft.	$234,900	Airbnb cash on cash: 0.6% Traditional cash on cash: 11% Airbnb Rental Income: $917 Traditional Rental Income: $2885 Airbnb ROI: 0.6% Traditional ROI: 11%
101 Briese Lane Michigan City, IN ONLY TWO MILES TO Lake Michigan / Long Beach! Tucked away in a peaceful wooded setting, th...	3 beds \| 3 baths \| 2,393 sq.ft.	$399,000	Airbnb cash on cash: -0.12% Traditional cash on cash: 5.58% Airbnb Rental Income: $917 Traditional Rental Income: $2708 Airbnb ROI: -0.12% Traditional ROI: 5.58%
218 Fogarty Street Michigan City, IN Beautifully remodeled home within walking distance to the beach! The main and upper levels...	2 beds \| 1 baths \| 1,365 sq.ft.	$630,000	Airbnb cash on cash: -0.77% Traditional cash on cash: 0.36% Airbnb Rental Income: $779 Traditional Rental Income: $1128 Airbnb ROI: -0.77% Traditional ROI: 0.36%
131 N Calumet Avenue Michigan City, IN Ready for occupancy is this 3 bedrooms ranch home with partially fenced yard. Updated kitc...	3 beds \| 1 baths \| 864 sq.ft.	$137,500	Airbnb cash on cash: 1.96% Traditional cash on cash: 7.24% Airbnb Rental Income: $917 Traditional Rental Income: $1272 Airbnb ROI: 1.96% Traditional ROI: 7.24%
417 Laurel Drive Michigan City, IN Don't miss your chance to own this amazing bi level home in Trail Creek! This home offers ...	3 beds \| 3 baths \| 1,820 sq.ft.	$275,000	Airbnb cash on cash: 0.52% Traditional cash on cash: 7.5% Airbnb Rental Income: $917 Traditional Rental Income: $2384 Airbnb ROI: 0.52% Traditional ROI: 7.5%
606 Hobart Street Michigan City, IN Here's a grand 4 bedroom, 2 and one quarter baths traditional brick tudor ready for you to...	4 beds \| 3 baths \| 3,147 sq.ft.	$249,000	Airbnb cash on cash: 0.82% Traditional cash on cash: 10.89% Airbnb Rental Income: $991 Traditional Rental Income: $3004 Airbnb ROI: 0.82% Traditional ROI: 10.89%

Your search for investment property begins and ends here

Single Family Homes for Sale in Michigan City, IN

2414 Manhattan Street

Michigan City, IN

3 beds | 1 baths | 840 sq.ft.

$157,000

Airbnb cash on cash: 1.81%

Traditional cash on cash: 7.16%

Airbnb Rental Income: $917

Traditional Rental Income: $1377

Airbnb ROI: 1.81%

Traditional ROI: 7.16%

715 S Ashland Avenue

Michigan City, IN

2 beds | 1 baths | 764 sq.ft.

$179,500

Airbnb cash on cash: 0.32%

Traditional cash on cash: 3.79%

Airbnb Rental Income: $779

Traditional Rental Income: $1053

Airbnb ROI: 0.32%

Traditional ROI: 3.79%

118 Krueger Avenue

Michigan City, IN

3 beds | 4 baths | 2,139 sq.ft.

$765,000

Airbnb cash on cash: -0.99%

Traditional cash on cash: 0.83%

Airbnb Rental Income: $917

Traditional Rental Income: $1874

Airbnb ROI: -0.99%

Traditional ROI: 0.83%

724 Dupage Street

Michigan City, IN

3 beds | 1 baths | 1,702 sq.ft.

$209,999

Airbnb cash on cash: 0.43%

Traditional cash on cash: 4.96%

Airbnb Rental Income: $917

Traditional Rental Income: $1477

Airbnb ROI: 0.43%

Traditional ROI: 4.96%

116 Fogarty Street

Michigan City, IN

4 beds | 3 baths | 2,244 sq.ft.

$599,900

Airbnb cash on cash: -0.83%

Traditional cash on cash: 2.41%

Airbnb Rental Income: $991

Traditional Rental Income: $2451

Airbnb ROI: -0.83%

Traditional ROI: 2.41%

409 Holly Road

Michigan City, IN

3 beds | 2 baths | 1,228 sq.ft.

$235,000

Airbnb cash on cash: 0.14%

Traditional cash on cash: 5.52%

Airbnb Rental Income: $917

Traditional Rental Income: $1772

Airbnb ROI: 0.14%

Traditional ROI: 5.52%

102 Leeds Avenue

Michigan City, IN

3 beds | 2 baths | 1,078 sq.ft.

$240,000

Airbnb cash on cash: -0.13%

Traditional cash on cash: 4.52%

Airbnb Rental Income: $917

Traditional Rental Income: $1631

Airbnb ROI: -0.13%

Traditional ROI: 4.52%

507 Center Street

Michigan City, IN

4 beds | 2 baths | 3,840 sq.ft.

$590,000

Airbnb cash on cash: -1.46%

Traditional cash on cash: 1.75%

Airbnb Rental Income: $991

Traditional Rental Income: $2403

Airbnb ROI: -1.46%