Real Estate Investment Properties for Sale in Alpena, MI

Looking for investment property in Alpena, MI with high ROI ?

Explore a variety of short-term homes & houses in Alpena, MI. Invest wisely with VRBO & Alpena, MI 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 Alpena, MI

Search for Single Family Residential for Sale in Alpena, Michigan. 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 25 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
101 Island View Drive Alpena, MI This home is truly move-in ready, reflecting the pride of meticulous ownership. It's packe...	3 beds \| 2 baths \| 2,088 sq.ft.	$269,000	Airbnb cash on cash: 0.31% Traditional cash on cash: 8.51% Airbnb Rental Income: $977 Traditional Rental Income: $2707 Airbnb ROI: 0.31% Traditional ROI: 8.51%
425 S State Avenue Alpena, MI Wonderful Lake Huron area get-a-way or retirement home across the street from Lake Huron! ...	2 beds \| 1 baths \| 1,856 sq.ft.	$209,000	Airbnb cash on cash: -0.73% Traditional cash on cash: 2.54% Airbnb Rental Income: $661 Traditional Rental Income: $1010 Airbnb ROI: -0.73% Traditional ROI: 2.54%
121 Channel Road 1 Alpena, MI NEW AC, water heater, and heating system. This channel-front home offers direct access to ...	3 beds \| 2 baths \| 1,950 sq.ft.	$409,000	Airbnb cash on cash: -0.46% Traditional cash on cash: 5.45% Airbnb Rental Income: $977 Traditional Rental Income: $2889 Airbnb ROI: -0.46% Traditional ROI: 5.45%
307 Minor Street Alpena, MI Located in a friendly neighborhood, 307 Minor St. is a lovingly kept residence nestled in ...	2 beds \| 2 baths \| 2,952 sq.ft.	$195,000	Airbnb cash on cash: -0.66% Traditional cash on cash: 6.95% Airbnb Rental Income: $661 Traditional Rental Income: $1771 Airbnb ROI: -0.66% Traditional ROI: 6.95%
6234 French Road Alpena, MI Pleasant ranch home on paved road just minutes from town and Long Lake boat launch. Many u...	3 beds \| 1 baths \| 1,352 sq.ft.	$177,500	Airbnb cash on cash: 1.49% Traditional cash on cash: 10.08% Airbnb Rental Income: $977 Traditional Rental Income: $2076 Airbnb ROI: 1.49% Traditional ROI: 10.08%
567 Long Rapids Road Alpena, MI Great City location with all the feel of country living. Short distance to the hospital an...	4 beds \| 2 baths \| 1,866 sq.ft.	$269,900	Airbnb cash on cash: 1.7% Traditional cash on cash: 8.4% Airbnb Rental Income: $1503 Traditional Rental Income: $2770 Airbnb ROI: 1.7% Traditional ROI: 8.4%
1309 Crestview Drive Alpena, MI Spanish style brick ranch nestled in a wonderful neighborhood close to schools, hospital a...	3 beds \| 2 baths \| 1,476 sq.ft.	$225,000	Airbnb cash on cash: 0.77% Traditional cash on cash: 9.06% Airbnb Rental Income: $977 Traditional Rental Income: $2391 Airbnb ROI: 0.77% Traditional ROI: 9.06%
104 Birdie Lane Alpena, MI This delightful 2-bedroom, 1-bath home sits just steps from the golf course-fitting for it...	2 beds \| 1 baths \| 1,650 sq.ft.	$159,200	Airbnb cash on cash: 0.03% Traditional cash on cash: 9.05% Airbnb Rental Income: $661 Traditional Rental Income: $1733 Airbnb ROI: 0.03% Traditional ROI: 9.05%
701 S Brooke Street Alpena, MI One level living! You will enjoy the open spaces in this rambling ranch. Large living room...	3 beds \| 2 baths \| 1,500 sq.ft.	$170,000	Airbnb cash on cash: 1.52% Traditional cash on cash: 11.38% Airbnb Rental Income: $977 Traditional Rental Income: $2223 Airbnb ROI: 1.52% Traditional ROI: 11.38%
1711 LAKE WINYAH Alpena, MI COZY 2290 SQ FOOT BI LEVEL SITTING ON 1 ACRE OF STUNNING LAND. THIS HOME NOT ONLY FEATURES...	4 beds \| 2 baths \| 2,290 sq.ft.	$250,000	Airbnb cash on cash: 2.09% Traditional cash on cash: 9.85% Airbnb Rental Income: $1503 Traditional Rental Income: $2894 Airbnb ROI: 2.09% Traditional ROI: 9.85%
6815 Wessel Road Alpena, MI Well-maintained 2003 manufactured featuring a custom walk-in shower and functional living ...	3 beds \| 2 baths \| 1,260 sq.ft.	$225,000	Airbnb cash on cash: -0.02% Traditional cash on cash: 6.83% Airbnb Rental Income: $977 Traditional Rental Income: $2085 Airbnb ROI: -0.02% Traditional ROI: 6.83%
602 S Brooke Street Alpena, MI Well-maintained 3-bedroom, 2-bathroom home in a convenient location close to schools, rest...	3 beds \| 2 baths \| 1,518 sq.ft.	$167,900	Airbnb cash on cash: 0.82% Traditional cash on cash: 11.78% Airbnb Rental Income: $977 Traditional Rental Income: $2381 Airbnb ROI: 0.82% Traditional ROI: 11.78%
17952 Birch Street Alpena, MI Enjoy waterfront living in this charming three bedroom, one and a half bath home situated ...	3 beds \| 2 baths \| 1,600 sq.ft.	$526,000	Airbnb cash on cash: -1.44% Traditional cash on cash: 2.5% Airbnb Rental Income: $977 Traditional Rental Income: $2567 Airbnb ROI: -1.44% Traditional ROI: 2.5%
8250 Greenwood Street Alpena, MI Discover your Lake Life Northern Michigan getaway home on beautiful Long Lake, with the sa...	2 beds \| 2 baths \| 1,404 sq.ft.	$393,000	Airbnb cash on cash: -0.85% Traditional cash on cash: 0.9% Airbnb Rental Income: $661 Traditional Rental Income: $1010 Airbnb ROI: -0.85% Traditional ROI: 0.9%
750 W Washington Avenue Alpena, MI Motivated seller! This quality built family home features 4 bedrooms, 2 full baths, Newer ...	4 beds \| 2 baths \| 1,888 sq.ft.	$195,000	Airbnb cash on cash: 3.14% Traditional cash on cash: 6.61% Airbnb Rental Income: $1503 Traditional Rental Income: $1708 Airbnb ROI: 3.14% Traditional ROI: 6.61%

Your search for investment property begins and ends here

Single Family Homes for Sale in Alpena, MI

101 Island View Drive

Alpena, MI

3 beds | 2 baths | 2,088 sq.ft.

$269,000

Airbnb cash on cash: 0.31%

Traditional cash on cash: 8.51%

Airbnb Rental Income: $977

Traditional Rental Income: $2707

Airbnb ROI: 0.31%

Traditional ROI: 8.51%

425 S State Avenue

Alpena, MI

2 beds | 1 baths | 1,856 sq.ft.

$209,000

Airbnb cash on cash: -0.73%

Traditional cash on cash: 2.54%

Airbnb Rental Income: $661

Traditional Rental Income: $1010

Airbnb ROI: -0.73%

Traditional ROI: 2.54%

121 Channel Road 1

Alpena, MI

3 beds | 2 baths | 1,950 sq.ft.

$409,000

Airbnb cash on cash: -0.46%

Traditional cash on cash: 5.45%

Airbnb Rental Income: $977

Traditional Rental Income: $2889

Airbnb ROI: -0.46%

Traditional ROI: 5.45%

307 Minor Street

Alpena, MI

2 beds | 2 baths | 2,952 sq.ft.

$195,000

Airbnb cash on cash: -0.66%

Traditional cash on cash: 6.95%

Airbnb Rental Income: $661

Traditional Rental Income: $1771

Airbnb ROI: -0.66%

Traditional ROI: 6.95%

6234 French Road

Alpena, MI

3 beds | 1 baths | 1,352 sq.ft.

$177,500

Airbnb cash on cash: 1.49%

Traditional cash on cash: 10.08%

Airbnb Rental Income: $977

Traditional Rental Income: $2076

Airbnb ROI: 1.49%

Traditional ROI: 10.08%

567 Long Rapids Road

Alpena, MI

4 beds | 2 baths | 1,866 sq.ft.

$269,900

Airbnb cash on cash: 1.7%

Traditional cash on cash: 8.4%

Airbnb Rental Income: $1503

Traditional Rental Income: $2770

Airbnb ROI: 1.7%

Traditional ROI: 8.4%

1309 Crestview Drive

Alpena, MI

3 beds | 2 baths | 1,476 sq.ft.

$225,000

Airbnb cash on cash: 0.77%

Traditional cash on cash: 9.06%

Airbnb Rental Income: $977

Traditional Rental Income: $2391

Airbnb ROI: 0.77%

Traditional ROI: 9.06%

104 Birdie Lane

Alpena, MI

2 beds | 1 baths | 1,650 sq.ft.

$159,200

Airbnb cash on cash: 0.03%

Traditional cash on cash: 9.05%

Airbnb Rental Income: $661

Traditional Rental Income: $1733

Airbnb ROI: 0.03%