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 40 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 lik...	3 beds \| 3 baths \| 1,283 sq.ft.	$444,900	Airbnb cash on cash: -0.19% Traditional cash on cash: 3.29% Airbnb Rental Income: $1053 Traditional Rental Income: $2135 Airbnb ROI: -0.19% Traditional ROI: 3.29%
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.	$314,900	Airbnb cash on cash: 1.18% Traditional cash on cash: 8.14% Airbnb Rental Income: $1150 Traditional Rental Income: $2830 Airbnb ROI: 1.18% Traditional ROI: 8.14%
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: -0.83% Traditional cash on cash: 0.81% Airbnb Rental Income: $1053 Traditional Rental Income: $1874 Airbnb ROI: -0.83% Traditional ROI: 0.81%
1128 Earl Road Michigan City, IN Welcome home to this nicely updated, move-in ready 3-bedroom, 2-full bath ranch tucked awa...	3 beds \| 2 baths \| 1,120 sq.ft.	$229,900	Airbnb cash on cash: 1.23% Traditional cash on cash: 6.51% Airbnb Rental Income: $1053 Traditional Rental Income: $1837 Airbnb ROI: 1.23% Traditional ROI: 6.51%
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.	$166,500	Airbnb cash on cash: 1.68% Traditional cash on cash: 5.87% Airbnb Rental Income: $1053 Traditional Rental Income: $1354 Airbnb ROI: 1.68% Traditional ROI: 5.87%
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%
2614 Buffalo Street Michigan City, IN OPEN HOUSE JANUARY 1/31 11AM-1PM Forget the stress and expense of immediate renovatio...	3 beds \| 1 baths \| 960 sq.ft.	$210,000	Airbnb cash on cash: 1.58% Traditional cash on cash: 5.04% Airbnb Rental Income: $1053 Traditional Rental Income: $1376 Airbnb ROI: 1.58% Traditional ROI: 5.04%
610 Davidson Avenue Michigan City, IN This inviting three-bedroom, one-bath house is ready to welcome you. Freshly painted insid...	3 beds \| 1 baths \| 840 sq.ft.	$140,000	Airbnb cash on cash: 3.07% Traditional cash on cash: 11.38% Airbnb Rental Income: $1053 Traditional Rental Income: $1805 Airbnb ROI: 3.07% Traditional ROI: 11.38%
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%
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 \| 5 baths \| 3,866 sq.ft.	$650,000	Airbnb cash on cash: 0.3% Traditional cash on cash: 3.3% Airbnb Rental Income: $1809 Traditional Rental Income: $3141 Airbnb ROI: 0.3% Traditional ROI: 3.3%
1563 Maine Avenue Michigan City, IN Charming Updated 3-Bedroom Ranch with New Roof - Prime Location! Welcome to this beautiful...	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%
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.	$344,000	Airbnb cash on cash: 0.22% Traditional cash on cash: 6.18% Airbnb Rental Income: $1053 Traditional Rental Income: $2614 Airbnb ROI: 0.22% Traditional ROI: 6.18%
105 Hancock Avenue Michigan City, IN With over 1700 SF this 5 bedroom 1 bathroom home is being sold as an investment property w...	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%
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%
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%
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%
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.	$440,000	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%
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: 0.94% Traditional cash on cash: 10.8% Airbnb Rental Income: $1809 Traditional Rental Income: $6380 Airbnb ROI: 0.94% Traditional ROI: 10.8%
709 Indiana Avenue Michigan City, IN Charming completely remodeled 4 bedroom home in a desirable location! Seller is willing to...	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%
706 Hobart Street Michigan City, IN Welcome to your new retreat in Michigan City! This charming 1 bedroom, 1 bath home offers ...	1 beds \| 1 baths \| 740 sq.ft.	$120,000	Airbnb cash on cash: 1.03% Traditional cash on cash: 6.43% Airbnb Rental Income: $632 Traditional Rental Income: $962 Airbnb ROI: 1.03% Traditional ROI: 6.43%
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.	$389,000	Airbnb cash on cash: -0.28% Traditional cash on cash: 2.19% Airbnb Rental Income: $1053 Traditional Rental Income: $1590 Airbnb ROI: -0.28% Traditional ROI: 2.19%
2308 N Dianne Drive Michigan City, IN Freshly updated and move-in ready, this bi-level home sits on a generous A3/4-acre lot and...	4 beds \| 2 baths \| 2,112 sq.ft.	$299,000	Airbnb cash on cash: 1.13% Traditional cash on cash: 7.32% Airbnb Rental Income: $1150 Traditional Rental Income: $2513 Airbnb ROI: 1.13% Traditional ROI: 7.32%
105 Garrettson Avenue Michigan City, IN Spacious ALL BRICK Ranch in Desirable Edgewood Neighborhood! This well-maintained 3-bedroo...	3 beds \| 2 baths \| 2,047 sq.ft.	$239,900	Airbnb cash on cash: 0.93% Traditional cash on cash: 8.68% Airbnb Rental Income: $1053 Traditional Rental Income: $2448 Airbnb ROI: 0.93% Traditional ROI: 8.68%
509 Fir Street Michigan City, IN Nestled in an established neighborhood, this 4-bedroom, 2-bath home offers a fantastic opp...	4 beds \| 2 baths \| 2,391 sq.ft.	$204,000	Airbnb cash on cash: 1.59% Traditional cash on cash: 10.35% Airbnb Rental Income: $1150 Traditional Rental Income: $2465 Airbnb ROI: 1.59% Traditional ROI: 10.35%
2714 Ohio Street Michigan City, IN Well maintained 3 Bed, 1 Bath Ranch Home! Easy living with everything on one level. Great ...	3 beds \| 1 baths \| 1,025 sq.ft.	$179,900	Airbnb cash on cash: 1.8% Traditional cash on cash: 6.49% Airbnb Rental Income: $1053 Traditional Rental Income: $1493 Airbnb ROI: 1.8% Traditional ROI: 6.49%
105 Belden Street Michigan City, IN This beautiful Brick-house is ready for you! It is a perfect blend of classic and modern. ...	4 beds \| 2 baths \| 1,968 sq.ft.	$260,000	Airbnb cash on cash: 1.2% Traditional cash on cash: 7.69% Airbnb Rental Income: $1150 Traditional Rental Income: $2363 Airbnb ROI: 1.2% Traditional ROI: 7.69%
205 N Ashland Avenue Michigan City, IN Charming 2-bedroom, 2-bath home just minutes from the beach! The main level offers two com...	2 beds \| 2 baths \| 888 sq.ft.	$120,000	Airbnb cash on cash: 2.44% Traditional cash on cash: 8.83% Airbnb Rental Income: $1010 Traditional Rental Income: $1392 Airbnb ROI: 2.44% Traditional ROI: 8.83%
932 Liberty Trail Michigan City, IN Welcome to this warm and inviting home offering surprising space and thoughtful updates th...	3 beds \| 1 baths \| 1,075 sq.ft.	$169,000	Airbnb cash on cash: 2.38% Traditional cash on cash: 7.6% Airbnb Rental Income: $1053 Traditional Rental Income: $1529 Airbnb ROI: 2.38% Traditional ROI: 7.6%
105 Coolspring Circle Michigan City, IN Welcome home to this beautifully updated 3 bedroom, 2 bath ranch nestled on a desirable bl...	3 beds \| 2 baths \| 1,052 sq.ft.	$219,900	Airbnb cash on cash: 1.04% Traditional cash on cash: 6.45% Airbnb Rental Income: $1053 Traditional Rental Income: $1815 Airbnb ROI: 1.04% Traditional ROI: 6.45%
2521 Buffalo Street Michigan City, IN Welcome home! This gorgeous property is ready for its new owners. Featuring an open concep...	2 beds \| 1 baths \| 744 sq.ft.	$160,000	Airbnb cash on cash: 2.17% Traditional cash on cash: 5.94% Airbnb Rental Income: $1010 Traditional Rental Income: $1229 Airbnb ROI: 2.17% Traditional ROI: 5.94%
714 Pearl Street Michigan City, IN Welcome to this charming two story home in the heart of Michigan City! From the moment you...	3 beds \| 1 baths \| 1,995 sq.ft.	$169,900	Airbnb cash on cash: 1.99% Traditional cash on cash: 7.6% Airbnb Rental Income: $1053 Traditional Rental Income: $1597 Airbnb ROI: 1.99% Traditional ROI: 7.6%
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: 0.55% Traditional cash on cash: 3.23% Airbnb Rental Income: $1053 Traditional Rental Income: $1644 Airbnb ROI: 0.55% 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.	$174,900	Airbnb cash on cash: 1.11% Traditional cash on cash: 9.73% Airbnb Rental Income: $1053 Traditional Rental Income: $2124 Airbnb ROI: 1.11% Traditional ROI: 9.73%
6906 N 525 W Michigan City, IN 2 bedroom, 2 bath ranch home on 15 acres. Sale includes 2 parcels. Home and outbuildings a...	2 beds \| 2 baths \| 2,329 sq.ft.	$299,000	Airbnb cash on cash: -0.21% Traditional cash on cash: 5.2% Airbnb Rental Income: $1010 Traditional Rental Income: $2177 Airbnb ROI: -0.21% Traditional ROI: 5.2%
1410 Oak Street Michigan City, IN Nice 2 bedroom brick home now available. Full, unfinished basement for storage, work space...	2 beds \| 1 baths \| 905 sq.ft.	$119,000	Airbnb cash on cash: 2.78% Traditional cash on cash: 8.12% Airbnb Rental Income: $1010 Traditional Rental Income: $1266 Airbnb ROI: 2.78% Traditional ROI: 8.12%
4272 N Michael Place N Michigan City, IN Welcome to this well maintained ranch home in a quiet, established Coolspring Township nei...	3 beds \| 2 baths \| 1,338 sq.ft.	$275,000	Airbnb cash on cash: 0.71% Traditional cash on cash: 5.17% Airbnb Rental Income: $1053 Traditional Rental Income: $1846 Airbnb ROI: 0.71% Traditional ROI: 5.17%
107 Center Street Michigan City, IN Exceptional home near Sheridan Beach. This impressive residence is one of the largest home...	3 beds \| 4 baths \| 5,252 sq.ft.	$729,900	Airbnb cash on cash: -0.78% Traditional cash on cash: 2.86% Airbnb Rental Income: $1053 Traditional Rental Income: $3167 Airbnb ROI: -0.78% Traditional ROI: 2.86%
2324 Buffalo Street Michigan City, IN Beautifully renovated 3-bedroom, 1.5-bath two-story home situated on a desirable corner lo...	4 beds \| 2 baths \| 2,492 sq.ft.	$250,000	Airbnb cash on cash: 1.35% Traditional cash on cash: 8.05% Airbnb Rental Income: $1150 Traditional Rental Income: $2351 Airbnb ROI: 1.35% Traditional ROI: 8.05%

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: -0.19%

Traditional cash on cash: 3.29%

Airbnb Rental Income: $1053

Traditional Rental Income: $2135

Airbnb ROI: -0.19%

Traditional ROI: 3.29%

211 E Fulton Street

Michigan City, IN

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

$314,900

Airbnb cash on cash: 1.18%

Traditional cash on cash: 8.14%

Airbnb Rental Income: $1150

Traditional Rental Income: $2830

Airbnb ROI: 1.18%

Traditional ROI: 8.14%

118 Krueger Avenue

Michigan City, IN

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

$775,000

Airbnb cash on cash: -0.83%

Traditional cash on cash: 0.81%

Airbnb Rental Income: $1053

Traditional Rental Income: $1874

Airbnb ROI: -0.83%

Traditional ROI: 0.81%

1128 Earl Road

Michigan City, IN

3 beds | 2 baths | 1,120 sq.ft.

$229,900

Airbnb cash on cash: 1.23%

Traditional cash on cash: 6.51%

Airbnb Rental Income: $1053

Traditional Rental Income: $1837

Airbnb ROI: 1.23%

Traditional ROI: 6.51%

126 Dewey Street

Michigan City, IN

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

$166,500

Airbnb cash on cash: 1.68%

Traditional cash on cash: 5.87%

Airbnb Rental Income: $1053

Traditional Rental Income: $1354

Airbnb ROI: 1.68%

Traditional ROI: 5.87%

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%

Traditional ROI: 10.91%

507 Center Street

Michigan City, IN

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%

2614 Buffalo Street

Michigan City, IN

3 beds | 1 baths | 960 sq.ft.

$210,000

Airbnb cash on cash: 1.58%

Traditional cash on cash: 5.04%

Airbnb Rental Income: $1053

Traditional Rental Income: $1376

Airbnb ROI: 1.58%