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 70 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
2509 Oak St Michigan City, IN Welcome home! This well-maintained 3-bedroom (could easily make a 4th bedroom on upper lev...	3 beds \| 2 baths \| 2,261 sq.ft.	$249,000	Airbnb cash on cash: 2.9% Traditional cash on cash: 7.47% Airbnb Rental Income: $1676 Traditional Rental Income: $2330 Airbnb ROI: 2.9% Traditional ROI: 7.47%
724 Dupage St 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.	$199,999	Airbnb cash on cash: 3.84% Traditional cash on cash: 5.25% Airbnb Rental Income: $1676 Traditional Rental Income: $1477 Airbnb ROI: 3.84% Traditional ROI: 5.25%
116 Fogarty St 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: 0.8% Traditional cash on cash: 2.41% Airbnb Rental Income: $2082 Traditional Rental Income: $2451 Airbnb ROI: 0.8% 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.	$210,000	Airbnb cash on cash: 3.45% Traditional cash on cash: 6.28% Airbnb Rental Income: $1676 Traditional Rental Income: $1772 Airbnb ROI: 3.45% Traditional ROI: 6.28%
102 Leeds Ave Michigan City, IN Charming Blue 1-Story Ranch Bungalow , this 3-bedroom 2-bath nestled in the heart of Michi...	3 beds \| 1 baths \| 1,078 sq.ft.	$210,000	Airbnb cash on cash: 2.89% Traditional cash on cash: 4.88% Airbnb Rental Income: $1676 Traditional Rental Income: $1631 Airbnb ROI: 2.89% Traditional ROI: 4.88%
4825 E Us Highway 12 Michigan City, IN Welcome to your PERFECT getaway home in Michigan City. Just minutes to the beach, New Buff...	3 beds \| 2 baths \| 1,652 sq.ft.	$308,900	Airbnb cash on cash: 2.23% Traditional cash on cash: 5.29% Airbnb Rental Income: $1676 Traditional Rental Income: $2097 Airbnb ROI: 2.23% Traditional ROI: 5.29%
1522 N 425 E Michigan City, IN Welcome to your own private retreat just 3 miles from Lake Michigan beaches! Situated on a...	4 beds \| 3 baths \| 2,880 sq.ft.	$544,900	Airbnb cash on cash: 1.34% Traditional cash on cash: 3.94% Airbnb Rental Income: $2082 Traditional Rental Income: $2883 Airbnb ROI: 1.34% Traditional ROI: 3.94%
1807 E Michigan Blvd Michigan City, IN Absolutely Stunning! Timeless Charm Meets Modern Luxury Step into this beautifully restore...	3 beds \| 2 baths \| 2,120 sq.ft.	$218,999	Airbnb cash on cash: 3.83% Traditional cash on cash: 8.94% Airbnb Rental Income: $1676 Traditional Rental Income: $2268 Airbnb ROI: 3.83% Traditional ROI: 8.94%
112 Carter Rd Michigan City, IN Fantastic Lake Michigan beach area bi-level with 4 BRs, 3 BAs. Open floor plan, encourages...	4 beds \| 3 baths \| 2,230 sq.ft.	$450,000	Airbnb cash on cash: 1.8% Traditional cash on cash: 3.95% Airbnb Rental Income: $2082 Traditional Rental Income: $2449 Airbnb ROI: 1.8% Traditional ROI: 3.95%
312 Wilshire Ave Michigan City, IN Welcome to this beautifully updated brick 3 bedroom, 1 1/2 bath home located in Michigan C...	3 beds \| 1 baths \| 2,918 sq.ft.	$310,000	Airbnb cash on cash: 2.19% Traditional cash on cash: 7.01% Airbnb Rental Income: $1676 Traditional Rental Income: $2614 Airbnb ROI: 2.19% Traditional ROI: 7.01%
118 Jackson St Michigan City, IN	3 beds \| 2 baths \| 1,642 sq.ft.	$179,000	Airbnb cash on cash: 4.48% Traditional cash on cash: 6.33% Airbnb Rental Income: $1676 Traditional Rental Income: $1523 Airbnb ROI: 4.48% Traditional ROI: 6.33%
7506 W 350 N Michigan City, IN Pride of ownership shines throughout this beautifully maintained 3-bedroom, 2-bath ranch, ...	3 beds \| 2 baths \| 1,544 sq.ft.	$329,900	Airbnb cash on cash: 2.35% Traditional cash on cash: 5.39% Airbnb Rental Income: $1676 Traditional Rental Income: $2151 Airbnb ROI: 2.35% Traditional ROI: 5.39%
506 Washington Park Blvd Michigan City, IN Enjoy your summers or year around in this beautiful landscaped home. It is very well maint...	4 beds \| 3 baths \| 2,480 sq.ft.	$649,999	Airbnb cash on cash: 0.47% Traditional cash on cash: 3.17% Airbnb Rental Income: $2082 Traditional Rental Income: $3207 Airbnb ROI: 0.47% Traditional ROI: 3.17%
1941 N Shebel Rd 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: 1.52% Traditional cash on cash: 2.59% Airbnb Rental Income: $1676 Traditional Rental Income: $1630 Airbnb ROI: 1.52% Traditional ROI: 2.59%
802 Washington Park Blvd Michigan City, IN Enjoy easy one level living in this charming ranch situated on a corner lot in a desirable...	3 beds \| 1 baths \| 1,196 sq.ft.	$374,900	Airbnb cash on cash: 1.23% Traditional cash on cash: 2.31% Airbnb Rental Income: $1676 Traditional Rental Income: $1590 Airbnb ROI: 1.23% Traditional ROI: 2.31%
432 Washington Park Blvd 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.	$359,899	Airbnb cash on cash: 2.13% Traditional cash on cash: 3.41% Airbnb Rental Income: $1676 Traditional Rental Income: $1644 Airbnb ROI: 2.13% Traditional ROI: 3.41%
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 \| 1,384 sq.ft.	$485,000	Airbnb cash on cash: 1.07% Traditional cash on cash: 2.21% Airbnb Rental Income: $1676 Traditional Rental Income: $1727 Airbnb ROI: 1.07% Traditional ROI: 2.21%
120 Grace St Michigan City, IN Completely remodeled and truly move-in ready! This beautifully updated 4-bedroom, 2.5-bath...	4 beds \| 2 baths \| 2,142 sq.ft.	$234,900	Airbnb cash on cash: 5.35% Traditional cash on cash: 9.76% Airbnb Rental Income: $2082 Traditional Rental Income: $2526 Airbnb ROI: 5.35% Traditional ROI: 9.76%
10290 Old Grand Beach Rd Michigan City, IN Experience peaceful luxury just minutes from Lake Michigan in this rarely used, pristine r...	3 beds \| 2 baths \| 1,692 sq.ft.	$549,900	Airbnb cash on cash: 0.08% Traditional cash on cash: 2.22% Airbnb Rental Income: $1676 Traditional Rental Income: $2325 Airbnb ROI: 0.08% Traditional ROI: 2.22%
101 Briese Ln 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.	$374,998	Airbnb cash on cash: 1.73% Traditional cash on cash: 6% Airbnb Rental Income: $1676 Traditional Rental Income: $2708 Airbnb ROI: 1.73% Traditional ROI: 6%
218 Fogarty St 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: -0.04% Traditional cash on cash: 0.36% Airbnb Rental Income: $1298 Traditional Rental Income: $1128 Airbnb ROI: -0.04% Traditional ROI: 0.36%
117 Fir Michigan City, IN Step into this 2, (possible 3), bedroom home, with nearly 1,500 finished sq. ft. of living...	3 beds \| 1 baths \| 1,440 sq.ft.	$105,000	Airbnb cash on cash: 8.76% Traditional cash on cash: 11.04% Airbnb Rental Income: $1676 Traditional Rental Income: $1461 Airbnb ROI: 8.76% Traditional ROI: 11.04%
3003 Wrobel Avenue Michigan City, IN Spacious 3-Bedroom, 2-Bath Ranch Home on 3 City Lots! Enter from the covered front porch t...	3 beds \| 2 baths \| 2,250 sq.ft.	$235,000	Airbnb cash on cash: 3.47% Traditional cash on cash: 9.12% Airbnb Rental Income: $1676 Traditional Rental Income: $2464 Airbnb ROI: 3.47% Traditional ROI: 9.12%
11011 W 100 N Michigan City, IN This property has a house that needs TLC, and a large pole barn. It is 50 acres of woods a...	3 beds \| 2 baths \| 3,640 sq.ft.	$675,000	Airbnb cash on cash: 0.03% Traditional cash on cash: 1.07% Airbnb Rental Income: $1676 Traditional Rental Income: $1938 Airbnb ROI: 0.03% Traditional ROI: 1.07%
30 Bristol Dr Michigan City, IN A private Kimball Woods retreat with the kind of setting buyers wait for. Tucked into a be...	4 beds \| 3 baths \| 4,121 sq.ft.	$998,000	Airbnb cash on cash: 0.23% Traditional cash on cash: 1.12% Airbnb Rental Income: $2082 Traditional Rental Income: $2378 Airbnb ROI: 0.23% Traditional ROI: 1.12%
4909 N Brookside Dr Michigan City, IN Pardon a little untidiness while sellers are packing up! Spacious home with 4 bedrooms and...	4 beds \| 2 baths \| 2,352 sq.ft.	$299,000	Airbnb cash on cash: 3.14% Traditional cash on cash: 8.42% Airbnb Rental Income: $2082 Traditional Rental Income: $3032 Airbnb ROI: 3.14% Traditional ROI: 8.42%
208 Lakeshore Dr Michigan City, IN Welcome to your turnkey beach retreat in the highly sought-after Sheridan Beach community ...	5 beds \| 3 baths \| 4,696 sq.ft.	$849,999	Airbnb cash on cash: N/A Traditional cash on cash: 4.47% Airbnb Rental Income: $null Traditional Rental Income: $5514 Airbnb ROI: N/A Traditional ROI: 4.47%
402 Sheridan Ave Michigan City, IN INVESTOR SPECIAL! Turn your vision into a lucrative cash-flowing asset with the closest Mi...	1 beds \| 1 baths \| N/A	$85,000	Airbnb cash on cash: 8.08% Traditional cash on cash: 8.91% Airbnb Rental Income: $1295 Traditional Rental Income: $960 Airbnb ROI: 8.08% Traditional ROI: 8.91%
3133 Cleveland Ave Michigan City, IN Nestled in the desirable Edgewood neighborhood of Michigan City, this beautifully updated ...	4 beds \| 2 baths \| 2,283 sq.ft.	$319,000	Airbnb cash on cash: 3.21% Traditional cash on cash: 7.58% Airbnb Rental Income: $2082 Traditional Rental Income: $2857 Airbnb ROI: 3.21% Traditional ROI: 7.58%
205 Chestnut St Michigan City, IN Move-in ready, low-maintenance ranch just 3 miles from Lake Michigan! Conveniently located...	3 beds \| 1 baths \| 1,000 sq.ft.	$169,990	Airbnb cash on cash: 4.41% Traditional cash on cash: 5.24% Airbnb Rental Income: $1676 Traditional Rental Income: $1347 Airbnb ROI: 4.41% Traditional ROI: 5.24%
1417 Earl Rd Michigan City, IN Come view this lovely home and make it yours! This property boasts a beautifully aesthetic...	4 beds \| 2 baths \| 1,665 sq.ft.	$250,000	Airbnb cash on cash: 4.41% Traditional cash on cash: 5.18% Airbnb Rental Income: $2082 Traditional Rental Income: $1736 Airbnb ROI: 4.41% Traditional ROI: 5.18%
6323 N 600 W Michigan City, IN Escape to the Perfect Country Beach Getaway at 600 N. Meer Rd. Michigan City, IN ~ Ideally...	3 beds \| 2 baths \| 1,866 sq.ft.	$365,000	Airbnb cash on cash: 1.75% Traditional cash on cash: 4.58% Airbnb Rental Income: $1676 Traditional Rental Income: $2203 Airbnb ROI: 1.75% Traditional ROI: 4.58%
4295 N Michael Pl Michigan City, IN First time on the market for this spacious 4 bedroom, 2 1/2 bath cape cod style home. Loca...	4 beds \| 2 baths \| 2,456 sq.ft.	$360,000	Airbnb cash on cash: 3.04% Traditional cash on cash: 6.67% Airbnb Rental Income: $2082 Traditional Rental Income: $2772 Airbnb ROI: 3.04% Traditional ROI: 6.67%

Your search for investment property begins and ends here

Single Family Homes for Sale in Michigan City, IN

2509 Oak St

Michigan City, IN

3 beds | 2 baths | 2,261 sq.ft.

$249,000

Airbnb cash on cash: 2.9%

Traditional cash on cash: 7.47%

Airbnb Rental Income: $1676

Traditional Rental Income: $2330

Airbnb ROI: 2.9%

Traditional ROI: 7.47%

724 Dupage St

Michigan City, IN

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

$199,999

Airbnb cash on cash: 3.84%

Traditional cash on cash: 5.25%

Airbnb Rental Income: $1676

Traditional Rental Income: $1477

Airbnb ROI: 3.84%

Traditional ROI: 5.25%

116 Fogarty St

Michigan City, IN

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

$599,900

Airbnb cash on cash: 0.8%

Traditional cash on cash: 2.41%

Airbnb Rental Income: $2082

Traditional Rental Income: $2451

Airbnb ROI: 0.8%

Traditional ROI: 2.41%

409 Holly Road

Michigan City, IN

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

$210,000

Airbnb cash on cash: 3.45%

Traditional cash on cash: 6.28%

Airbnb Rental Income: $1676

Traditional Rental Income: $1772

Airbnb ROI: 3.45%

Traditional ROI: 6.28%

102 Leeds Ave

Michigan City, IN

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

$210,000

Airbnb cash on cash: 2.89%

Traditional cash on cash: 4.88%

Airbnb Rental Income: $1676

Traditional Rental Income: $1631

Airbnb ROI: 2.89%

Traditional ROI: 4.88%

4825 E Us Highway 12

Michigan City, IN

3 beds | 2 baths | 1,652 sq.ft.

$308,900

Airbnb cash on cash: 2.23%

Traditional cash on cash: 5.29%

Airbnb Rental Income: $1676

Traditional Rental Income: $2097

Airbnb ROI: 2.23%

Traditional ROI: 5.29%

1522 N 425 E

Michigan City, IN

4 beds | 3 baths | 2,880 sq.ft.

$544,900

Airbnb cash on cash: 1.34%

Traditional cash on cash: 3.94%

Airbnb Rental Income: $2082

Traditional Rental Income: $2883

Airbnb ROI: 1.34%

Traditional ROI: 3.94%

1807 E Michigan Blvd

Michigan City, IN

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

$218,999

Airbnb cash on cash: 3.83%

Traditional cash on cash: 8.94%

Airbnb Rental Income: $1676

Traditional Rental Income: $2268

Airbnb ROI: 3.83%