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 58 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
218 Chickadee Trail Michigan City, IN MOTIVATED SELLER! Perfect as a private home or Vacation Rental! Woodsy and Cozy, feels l...	3 beds \| 3 baths \| 1,283 sq.ft.	$444,900	Airbnb cash on cash: -0.41% Traditional cash on cash: 3.06% Airbnb Rental Income: $1053 Traditional Rental Income: $2135 Airbnb ROI: -0.41% Traditional ROI: 3.06%
3546 Franklin Street Michigan City, IN Convenience, comfort, and loaded with features, the entertainers' dream! This well built a...	2 beds \| 2 baths \| 1,809 sq.ft.	$255,000	Airbnb cash on cash: 0.65% Traditional cash on cash: 6.86% Airbnb Rental Income: $1010 Traditional Rental Income: $2149 Airbnb ROI: 0.65% Traditional ROI: 6.86%
211 E Fulton Street Michigan City, IN Modern Comfort Meets Michigan City Charm Welcome to 211 E Fulton St, a stunning new constr...	4 beds \| 3 baths \| 2,051 sq.ft.	$334,900	Airbnb cash on cash: 1.05% Traditional cash on cash: 7.6% Airbnb Rental Income: $1150 Traditional Rental Income: $2830 Airbnb ROI: 1.05% Traditional ROI: 7.6%
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.	$775,000	Airbnb cash on cash: -0.76% Traditional cash on cash: 0.88% Airbnb Rental Income: $1053 Traditional Rental Income: $1874 Airbnb ROI: -0.76% Traditional ROI: 0.88%
61 TIMBER Trail Michigan City, IN Price adjustment by highly motivated sellers. Custom, 2021, 1 level home in coveted Woodla...	3 beds \| 3 baths \| 2,159 sq.ft.	$924,900	Airbnb cash on cash: -1.05% Traditional cash on cash: 1.54% Airbnb Rental Income: $1053 Traditional Rental Income: $2921 Airbnb ROI: -1.05% Traditional ROI: 1.54%
403 Cloud Street Michigan City, IN Nice 4 bedroom, 1 1/2 bath home in the heart of Michigan City. Enjoy the fresh fall air on...	4 beds \| 2 baths \| 1,683 sq.ft.	$189,000	Airbnb cash on cash: 1.87% Traditional cash on cash: 9.72% Airbnb Rental Income: $1150 Traditional Rental Income: $2179 Airbnb ROI: 1.87% Traditional ROI: 9.72%
126 Dewey Street Michigan City, IN Just a few blocks off Michigan Blvd sits this charming 3-bedroom, 2-bath home on a corner ...	3 beds \| 2 baths \| 1,992 sq.ft.	$170,000	Airbnb cash on cash: 1.62% Traditional cash on cash: 5.73% Airbnb Rental Income: $1053 Traditional Rental Income: $1354 Airbnb ROI: 1.62% Traditional ROI: 5.73%
209 Dupage Street Michigan City, IN The perfect 3-bedroom, 2.5-bath home ideally situated in the heart of downtown Michigan Ci...	3 beds \| 3 baths \| 1,882 sq.ft.	$185,900	Airbnb cash on cash: 1.19% Traditional cash on cash: 10.91% Airbnb Rental Income: $1053 Traditional Rental Income: $2408 Airbnb ROI: 1.19% Traditional ROI: 10.91%
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: -1.22% Traditional cash on cash: 1.75% Airbnb Rental Income: $1150 Traditional Rental Income: $2403 Airbnb ROI: -1.22% Traditional ROI: 1.75%
110 Fogarty Street Michigan City, IN Escape to the tranquil beauty of Sheridan Beach with this stunning 4-bedroom, 3-bath coast...	4 beds \| 3 baths \| 2,318 sq.ft.	$539,900	Airbnb cash on cash: -0.94% Traditional cash on cash: 2.79% Airbnb Rental Income: $1150 Traditional Rental Income: $2654 Airbnb ROI: -0.94% Traditional ROI: 2.79%
2614 Buffalo Street Michigan City, IN Forget the stress and expense of immediate renovations. This property offers peace of mind...	3 beds \| 1 baths \| 960 sq.ft.	$215,000	Airbnb cash on cash: 1.52% Traditional cash on cash: 4.9% Airbnb Rental Income: $1053 Traditional Rental Income: $1376 Airbnb ROI: 1.52% Traditional ROI: 4.9%
321 S Park Street Michigan City, IN This solidly built, beautifully designed home recently renovated features 4 bedrooms, 3 ba...	4 beds \| 3 baths \| 2,453 sq.ft.	$323,000	Airbnb cash on cash: 0.35% Traditional cash on cash: 7.39% Airbnb Rental Income: $1150 Traditional Rental Income: $2909 Airbnb ROI: 0.35% Traditional ROI: 7.39%
610 Davidson Avenue Michigan City, IN WELCOME HOME!!! Step into this warm and inviting 3-bedroom, 1-bath home that's perfect for...	3 beds \| 1 baths \| 840 sq.ft.	$150,000	Airbnb cash on cash: 2.76% Traditional cash on cash: 10.54% Airbnb Rental Income: $1053 Traditional Rental Income: $1805 Airbnb ROI: 2.76% Traditional ROI: 10.54%
606 Southwind Drive Michigan City, IN Welcome to 606 Southwind Drive--a thoughtfully updated residence offering comfort, functio...	3 beds \| 2 baths \| 1,720 sq.ft.	$249,900	Airbnb cash on cash: 0.47% Traditional cash on cash: 7.95% Airbnb Rental Income: $1053 Traditional Rental Income: $2455 Airbnb ROI: 0.47% Traditional ROI: 7.95%
116 Coolspring Circle Michigan City, IN Welcome to Your Future Dream Home!This stunning open-concept home is ready to inspire your...	4 beds \| N/A baths \| N/A	$149,900	Airbnb cash on cash: 3.15% Traditional cash on cash: 8.46% Airbnb Rental Income: $1150 Traditional Rental Income: $1531 Airbnb ROI: 3.15% Traditional ROI: 8.46%
204 Bies Street Michigan City, IN This two bedroom and one full bath is a very desirable and manageable size for a starter h...	2 beds \| 1 baths \| 512 sq.ft.	$105,000	Airbnb cash on cash: 4.05% Traditional cash on cash: 6.97% Airbnb Rental Income: $1010 Traditional Rental Income: $950 Airbnb ROI: 4.05% Traditional ROI: 6.97%
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.	$530,000	Airbnb cash on cash: 1.08% Traditional cash on cash: 4.76% Airbnb Rental Income: $1809 Traditional Rental Income: $3141 Airbnb ROI: 1.08% Traditional ROI: 4.76%
1563 Maine Avenue Michigan City, IN Charming Updated 3-Bedroom Ranch with New Roof - Prime Location! Welcome to this beautifu...	3 beds \| 1 baths \| 1,008 sq.ft.	$264,999	Airbnb cash on cash: 1.2% Traditional cash on cash: 4.25% Airbnb Rental Income: $1053 Traditional Rental Income: $1451 Airbnb ROI: 1.2% Traditional ROI: 4.25%
726 Freyer Road Michigan City, IN ALL OFFERS WILL BE CONSIDERED, SELLER SAYS MAKE AN OFFER! 726 Freyer Road is a REMODELED 2...	3 beds \| 2 baths \| 1,572 sq.ft.	$259,000	Airbnb cash on cash: 0.13% Traditional cash on cash: 6.24% Airbnb Rental Income: $1053 Traditional Rental Income: $2184 Airbnb ROI: 0.13% Traditional ROI: 6.24%
304 Gardena Street Michigan City, IN Charming storybook bungalow lovingly updated and move-in ready! Updated electrical, new ro...	3 beds \| 1 baths \| 913 sq.ft.	$189,000	Airbnb cash on cash: 1.78% Traditional cash on cash: 4.91% Airbnb Rental Income: $1053 Traditional Rental Income: $1251 Airbnb ROI: 1.78% Traditional ROI: 4.91%
105 Hancock Avenue Michigan City, IN With over 1700 SF this 5 bedroom 1 bathroom home is being sold as an investment property ...	5 beds \| 1 baths \| 1,727 sq.ft.	$149,000	Airbnb cash on cash: 6.73% Traditional cash on cash: 9.25% Airbnb Rental Income: $1809 Traditional Rental Income: $1677 Airbnb ROI: 6.73% Traditional ROI: 9.25%
624 Pleasant Avenue Michigan City, IN Offering a strong 9.4 CAP rate for the investor, plus an extra lot, step right into this p...	2 beds \| 1 baths \| 667 sq.ft.	$140,000	Airbnb cash on cash: 2.45% Traditional cash on cash: 6.57% Airbnb Rental Income: $1010 Traditional Rental Income: $1205 Airbnb ROI: 2.45% Traditional ROI: 6.57%
114 Mayfield Drive Michigan City, IN This newly constructed home was completed in November 2024. This home has several builder ...	3 beds \| 3 baths \| 2,190 sq.ft.	$379,900	Airbnb cash on cash: 0.63% Traditional cash on cash: 6.93% Airbnb Rental Income: $1053 Traditional Rental Income: $2935 Airbnb ROI: 0.63% Traditional ROI: 6.93%
111 Grove Street Michigan City, IN This 3 bedroom, 1 bath home offers one level living, a fenced back yard and a 3 car garage...	3 beds \| 1 baths \| 884 sq.ft.	$165,000	Airbnb cash on cash: 2.24% Traditional cash on cash: 7.17% Airbnb Rental Income: $1053 Traditional Rental Income: $1465 Airbnb ROI: 2.24% Traditional ROI: 7.17%
336 Chestnut Street Michigan City, IN Motivated Seller is offering Buyer concessions towards closing costs. This 5 Bedroom, 2 ba...	5 beds \| 2 baths \| 1,759 sq.ft.	$189,500	Airbnb cash on cash: 3.95% Traditional cash on cash: 10.08% Airbnb Rental Income: $1809 Traditional Rental Income: $2422 Airbnb ROI: 3.95% Traditional ROI: 10.08%
506 Washington Park Boulevard Michigan City, IN For all those who value outdoor beauty, smart design, and flexible living, this property i...	4 beds \| 3 baths \| 2,957 sq.ft.	$670,000	Airbnb cash on cash: -0.79% Traditional cash on cash: 3.11% Airbnb Rental Income: $1150 Traditional Rental Income: $3207 Airbnb ROI: -0.79% Traditional ROI: 3.11%
3308 Tilden Avenue Michigan City, IN Classic Two-Story Home with Many Recent Updates! Step into timeless comfort in this well-...	3 beds \| 3 baths \| 1,853 sq.ft.	$260,000	Airbnb cash on cash: 0.77% Traditional cash on cash: 6.91% Airbnb Rental Income: $1053 Traditional Rental Income: $2194 Airbnb ROI: 0.77% Traditional ROI: 6.91%
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: 0.33% Traditional cash on cash: 4.89% Airbnb Rental Income: $1150 Traditional Rental Income: $3004 Airbnb ROI: 0.33% Traditional ROI: 4.89%
812 Washington Park Boulevard Michigan City, IN The Aries Model! Welcome to the highly anticipated new phase of Beachwalk! The Aries featu...	5 beds \| 4 baths \| 2,500 sq.ft.	$895,000	Airbnb cash on cash: -0.64% Traditional cash on cash: 1.65% Airbnb Rental Income: $1809 Traditional Rental Income: $3229 Airbnb ROI: -0.64% Traditional ROI: 1.65%
810 Washington Park Boulevard Michigan City, IN New construction in Beachwalk - The Jasmine Model! Welcome to the highly anticipated new p...	5 beds \| 3 baths \| 2,775 sq.ft.	$925,000	Airbnb cash on cash: -0.68% Traditional cash on cash: 1.38% Airbnb Rental Income: $1809 Traditional Rental Income: $3091 Airbnb ROI: -0.68% Traditional ROI: 1.38%
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.	$439,999	Airbnb cash on cash: 0.14% Traditional cash on cash: 2.43% Airbnb Rental Income: $1053 Traditional Rental Income: $1630 Airbnb ROI: 0.14% Traditional ROI: 2.43%
109 Washington Park Boulevard Michigan City, IN Charming, updated 2BR/1BA ranch just a short walk to Washington Park Beach, the zoo, and a...	2 beds \| 1 baths \| 1,392 sq.ft.	$395,000	Airbnb cash on cash: -0.5% Traditional cash on cash: 1.3% Airbnb Rental Income: $1010 Traditional Rental Income: $1321 Airbnb ROI: -0.5% Traditional ROI: 1.3%
277 Us-421 Michigan City, IN 14 acre parcel, mostly cleared, little to no value given to house structure, great buildin...	3 beds \| N/A baths \| 976 sq.ft.	$280,000	Airbnb cash on cash: 1.14% Traditional cash on cash: 3.71% Airbnb Rental Income: $1053 Traditional Rental Income: $1365 Airbnb ROI: 1.14% Traditional ROI: 3.71%
11366 Earl Road Michigan City, IN Unique opportunity, this 2-3 bedroom home sits on 10 acres just outside city limits. Priv...	2 beds \| 1 baths \| 1,896 sq.ft.	$290,000	Airbnb cash on cash: 0.64% Traditional cash on cash: 3.68% Airbnb Rental Income: $1010 Traditional Rental Income: $1482 Airbnb ROI: 0.64% Traditional ROI: 3.68%
5522 Shady Oak Lane Michigan City, IN Discover this charming 1.18-acre property, ideally situated just minutes from the sandy sh...	3 beds \| 1 baths \| 1,140 sq.ft.	$225,000	Airbnb cash on cash: 1.57% Traditional cash on cash: 6.01% Airbnb Rental Income: $1053 Traditional Rental Income: $1636 Airbnb ROI: 1.57% Traditional ROI: 6.01%
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.	$619,000	Airbnb cash on cash: 0.72% Traditional cash on cash: 9.48% Airbnb Rental Income: $1809 Traditional Rental Income: $6380 Airbnb ROI: 0.72% Traditional ROI: 9.48%
709 Indiana Avenue Michigan City, IN Charming completely remodeled 4 bedroom home in a desirable location. This could be your n...	4 beds \| 2 baths \| 2,432 sq.ft.	$245,000	Airbnb cash on cash: 0.31% Traditional cash on cash: 7.84% Airbnb Rental Income: $1150 Traditional Rental Income: $2513 Airbnb ROI: 0.31% Traditional ROI: 7.84%
1930 Tennessee Street Michigan City, IN Welcome to this beautifully remodeled 4-bedroom, 2-bath home with a bright open-concept la...	4 beds \| 2 baths \| 1,596 sq.ft.	$167,500	Airbnb cash on cash: 2.59% Traditional cash on cash: 8.64% Airbnb Rental Income: $1150 Traditional Rental Income: $1736 Airbnb ROI: 2.59% Traditional ROI: 8.64%
404 Cricket Lane Michigan City, IN This well-maintained 3-bedroom, 1.5-bathroom ranch offers a welcoming open-concept layout ...	3 beds \| 2 baths \| 1,512 sq.ft.	$259,900	Airbnb cash on cash: 0.82% Traditional cash on cash: 6.66% Airbnb Rental Income: $1053 Traditional Rental Income: $2121 Airbnb ROI: 0.82% Traditional ROI: 6.66%

Your search for investment property begins and ends here

Single Family Homes for Sale in Michigan City, IN

218 Chickadee Trail

Michigan City, IN

3 beds | 3 baths | 1,283 sq.ft.

$444,900

Airbnb cash on cash: -0.41%

Traditional cash on cash: 3.06%

Airbnb Rental Income: $1053

Traditional Rental Income: $2135

Airbnb ROI: -0.41%

Traditional ROI: 3.06%

3546 Franklin Street

Michigan City, IN

2 beds | 2 baths | 1,809 sq.ft.

$255,000

Airbnb cash on cash: 0.65%

Traditional cash on cash: 6.86%

Airbnb Rental Income: $1010

Traditional Rental Income: $2149

Airbnb ROI: 0.65%

Traditional ROI: 6.86%

211 E Fulton Street

Michigan City, IN

4 beds | 3 baths | 2,051 sq.ft.

$334,900

Airbnb cash on cash: 1.05%

Traditional cash on cash: 7.6%

Airbnb Rental Income: $1150

Traditional Rental Income: $2830

Airbnb ROI: 1.05%

Traditional ROI: 7.6%

118 Krueger Avenue

Michigan City, IN

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

$775,000

Airbnb cash on cash: -0.76%

Traditional cash on cash: 0.88%

Airbnb Rental Income: $1053

Traditional Rental Income: $1874

Airbnb ROI: -0.76%

Traditional ROI: 0.88%

61 TIMBER Trail

Michigan City, IN

3 beds | 3 baths | 2,159 sq.ft.

$924,900

Airbnb cash on cash: -1.05%

Traditional cash on cash: 1.54%

Airbnb Rental Income: $1053

Traditional Rental Income: $2921

Airbnb ROI: -1.05%

Traditional ROI: 1.54%

403 Cloud Street

Michigan City, IN

4 beds | 2 baths | 1,683 sq.ft.

$189,000

Airbnb cash on cash: 1.87%

Traditional cash on cash: 9.72%

Airbnb Rental Income: $1150

Traditional Rental Income: $2179

Airbnb ROI: 1.87%

Traditional ROI: 9.72%

126 Dewey Street

Michigan City, IN

3 beds | 2 baths | 1,992 sq.ft.

$170,000

Airbnb cash on cash: 1.62%

Traditional cash on cash: 5.73%

Airbnb Rental Income: $1053

Traditional Rental Income: $1354

Airbnb ROI: 1.62%

Traditional ROI: 5.73%

209 Dupage Street

Michigan City, IN

3 beds | 3 baths | 1,882 sq.ft.

$185,900

Airbnb cash on cash: 1.19%

Traditional cash on cash: 10.91%

Airbnb Rental Income: $1053

Traditional Rental Income: $2408

Airbnb ROI: 1.19%