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 22 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.	$289,000	Airbnb cash on cash: -0.16% Traditional cash on cash: 7.86% Airbnb Rental Income: $855 Traditional Rental Income: $2707 Airbnb ROI: -0.16% Traditional ROI: 7.86%
212 Long Rapids Road Alpena, MI Escape to your own private retreat without ever leaving the city in this unique 4-bedroom,...	4 beds \| 4 baths \| 4,293 sq.ft.	$699,000	Airbnb cash on cash: -0.89% Traditional cash on cash: 2.26% Airbnb Rental Income: $1446 Traditional Rental Income: $3071 Airbnb ROI: -0.89% Traditional ROI: 2.26%
105 Sitting Bull Road Alpena, MI Brand-new home! This beautifully constructed 2-bedroom, 2-bath residence offers modern com...	2 beds \| 2 baths \| 960 sq.ft.	$159,900	Airbnb cash on cash: 1.48% Traditional cash on cash: 8.14% Airbnb Rental Income: $1070 Traditional Rental Income: $1719 Airbnb ROI: 1.48% Traditional ROI: 8.14%
520 Michigan Avenue Alpena, MI Price Improved! Charming 2-Bedroom Gem Near MICH-E-KE-WIS Park! Tucked away on a quiet dea...	2 beds \| 1 baths \| 960 sq.ft.	$115,000	Airbnb cash on cash: 3.66% Traditional cash on cash: 10.67% Airbnb Rental Income: $1070 Traditional Rental Income: $1481 Airbnb ROI: 3.66% Traditional ROI: 10.67%
140 Oriole Drive Alpena, MI Now available on the market is this charming ranch-style home set on a park-like lot, offe...	3 beds \| 2 baths \| 3,084 sq.ft.	$260,000	Airbnb cash on cash: -0.2% Traditional cash on cash: 8.32% Airbnb Rental Income: $855 Traditional Rental Income: $2615 Airbnb ROI: -0.2% Traditional ROI: 8.32%
2151 S Third Avenue Alpena, MI Convenience is key! This freshly painted 2-3 bedroom, has new laminate flooring in all the...	3 beds \| 1 baths \| 1,998 sq.ft.	$210,000	Airbnb cash on cash: 0.32% Traditional cash on cash: 8.1% Airbnb Rental Income: $855 Traditional Rental Income: $2072 Airbnb ROI: 0.32% Traditional ROI: 8.1%
1225 Trowbridge Drive Alpena, MI Wake up every morning in this stunning 4-bedroom, 4-bathroom home, tucked inside one of th...	4 beds \| 4 baths \| 5,757 sq.ft.	$850,000	Airbnb cash on cash: -0.54% Traditional cash on cash: 2.83% Airbnb Rental Income: $1446 Traditional Rental Income: $3683 Airbnb ROI: -0.54% Traditional ROI: 2.83%
121 Channel Road Alpena, MI NEW AC, Water Heater, and Heating system! There's something special about life on the chan...	3 beds \| 2 baths \| 1,950 sq.ft.	$415,000	Airbnb cash on cash: -0.71% Traditional cash on cash: 5.68% Airbnb Rental Income: $855 Traditional Rental Income: $3005 Airbnb ROI: -0.71% Traditional ROI: 5.68%
213 Princeton Avenue Alpena, MI Super Convenient location to hospital, doctors and shopping! This well-maintained ranch is...	3 beds \| 2 baths \| 1,248 sq.ft.	$249,900	Airbnb cash on cash: 0.26% Traditional cash on cash: 7.21% Airbnb Rental Income: $855 Traditional Rental Income: $2163 Airbnb ROI: 0.26% Traditional ROI: 7.21%
4721 Haken Road Alpena, MI Discover the charm & potential of this spacious 3-bedroom ranch-style home nestled on a st...	3 beds \| 1 baths \| 1,424 sq.ft.	$419,000	Airbnb cash on cash: -0.58% Traditional cash on cash: 3.2% Airbnb Rental Income: $855 Traditional Rental Income: $2008 Airbnb ROI: -0.58% Traditional ROI: 3.2%
1091 Hamilton Road Alpena, MI Spacious 4-Bedroom Home on 1.23 Acres with Great Potential This 4-bedroom, 2-bath home off...	4 beds \| 2 baths \| 2,952 sq.ft.	$219,900	Airbnb cash on cash: 2.08% Traditional cash on cash: 11.29% Airbnb Rental Income: $1446 Traditional Rental Income: $2934 Airbnb ROI: 2.08% Traditional ROI: 11.29%
123 N Ninth Avenue Alpena, MI Affordable Alpena Gem - Perfect for First-Time Buyers or Investors! Discover this charming...	2 beds \| 1 baths \| 1,990 sq.ft.	$119,900	Airbnb cash on cash: 2.84% Traditional cash on cash: 11.17% Airbnb Rental Income: $1070 Traditional Rental Income: $1665 Airbnb ROI: 2.84% Traditional ROI: 11.17%
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: 2.27% Traditional cash on cash: 9.05% Airbnb Rental Income: $1070 Traditional Rental Income: $1733 Airbnb ROI: 2.27% Traditional ROI: 9.05%
916 S First Avenue Alpena, MI This cozy ranch home is a perfect starter or retirement home with 3 bedrooms and a full ba...	3 beds \| 1 baths \| 1,104 sq.ft.	$185,000	Airbnb cash on cash: 0.18% Traditional cash on cash: 7.95% Airbnb Rental Income: $855 Traditional Rental Income: $1892 Airbnb ROI: 0.18% Traditional ROI: 7.95%
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.	$209,000	Airbnb cash on cash: 0.55% Traditional cash on cash: 9.13% Airbnb Rental Income: $855 Traditional Rental Income: $2223 Airbnb ROI: 0.55% Traditional ROI: 9.13%
2013 M-32 Alpena, MI Great buy!!! Plenty of room for the family in this handy location! Near Walmart, Arby's an...	3 beds \| 2 baths \| 1,342 sq.ft.	$115,000	Airbnb cash on cash: 1.52% Traditional cash on cash: 7.68% Airbnb Rental Income: $855 Traditional Rental Income: $1208 Airbnb ROI: 1.52% Traditional ROI: 7.68%

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.

$289,000

Airbnb cash on cash: -0.16%

Traditional cash on cash: 7.86%

Airbnb Rental Income: $855

Traditional Rental Income: $2707

Airbnb ROI: -0.16%

Traditional ROI: 7.86%

212 Long Rapids Road

Alpena, MI

4 beds | 4 baths | 4,293 sq.ft.

$699,000

Airbnb cash on cash: -0.89%

Traditional cash on cash: 2.26%

Airbnb Rental Income: $1446

Traditional Rental Income: $3071

Airbnb ROI: -0.89%

Traditional ROI: 2.26%

105 Sitting Bull Road

Alpena, MI

2 beds | 2 baths | 960 sq.ft.

$159,900

Airbnb cash on cash: 1.48%

Traditional cash on cash: 8.14%

Airbnb Rental Income: $1070

Traditional Rental Income: $1719

Airbnb ROI: 1.48%

Traditional ROI: 8.14%

520 Michigan Avenue

Alpena, MI

2 beds | 1 baths | 960 sq.ft.

$115,000

Airbnb cash on cash: 3.66%

Traditional cash on cash: 10.67%

Airbnb Rental Income: $1070

Traditional Rental Income: $1481

Airbnb ROI: 3.66%

Traditional ROI: 10.67%

140 Oriole Drive

Alpena, MI

3 beds | 2 baths | 3,084 sq.ft.

$260,000

Airbnb cash on cash: -0.2%

Traditional cash on cash: 8.32%

Airbnb Rental Income: $855

Traditional Rental Income: $2615

Airbnb ROI: -0.2%

Traditional ROI: 8.32%

2151 S Third Avenue

Alpena, MI

3 beds | 1 baths | 1,998 sq.ft.

$210,000

Airbnb cash on cash: 0.32%

Traditional cash on cash: 8.1%

Airbnb Rental Income: $855

Traditional Rental Income: $2072

Airbnb ROI: 0.32%

Traditional ROI: 8.1%

1225 Trowbridge Drive

Alpena, MI

4 beds | 4 baths | 5,757 sq.ft.

$850,000

Airbnb cash on cash: -0.54%

Traditional cash on cash: 2.83%

Airbnb Rental Income: $1446

Traditional Rental Income: $3683

Airbnb ROI: -0.54%

Traditional ROI: 2.83%

121 Channel Road

Alpena, MI

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

$415,000

Airbnb cash on cash: -0.71%

Traditional cash on cash: 5.68%

Airbnb Rental Income: $855

Traditional Rental Income: $3005

Airbnb ROI: -0.71%