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 17 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
306 Elizabeth St Alpena, MI Beautiful 2-bed 1-bath home situated on a large lot in the city limits! The main level off...	2 beds \| 1 baths \| 1,584 sq.ft.	$164,900	Airbnb cash on cash: N/A Traditional cash on cash: 10.17% Airbnb Rental Income: $null Traditional Rental Income: $1940 Airbnb ROI: N/A Traditional ROI: 10.17%
635 W Washington Ave Alpena, MI A RARE GEM right within the city limits! This stunning 4-bedroom, 4- full bathroom home of...	4 beds \| 4 baths \| 3,237 sq.ft.	$549,500	Airbnb cash on cash: N/A Traditional cash on cash: 5.33% Airbnb Rental Income: $null Traditional Rental Income: $3615 Airbnb ROI: N/A Traditional ROI: 5.33%
920 Sable Street Alpena, MI Own this beautiful two-bedroom, two-bath home with well cared for hardwood floors, main le...	2 beds \| 2 baths \| 2,508 sq.ft.	$199,900	Airbnb cash on cash: N/A Traditional cash on cash: 9.93% Airbnb Rental Income: $null Traditional Rental Income: $2365 Airbnb ROI: N/A Traditional ROI: 9.93%
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.	$149,900	Airbnb cash on cash: N/A Traditional cash on cash: 8.83% Airbnb Rental Income: $null Traditional Rental Income: $1719 Airbnb ROI: N/A Traditional ROI: 8.83%
303 S State Ave Alpena, MI THE CASTLE like no other! Fully furnished. Turnkey w/hand carved solid wood furniture, art...	5 beds \| 4 baths \| 7,443 sq.ft.	$1,800,000	Airbnb cash on cash: N/A Traditional cash on cash: 1.37% Airbnb Rental Income: $null Traditional Rental Income: $4987 Airbnb ROI: N/A Traditional ROI: 1.37%
121 Channel Rd 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: N/A Traditional cash on cash: 5.68% Airbnb Rental Income: $null Traditional Rental Income: $3005 Airbnb ROI: N/A Traditional ROI: 5.68%
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: N/A Traditional cash on cash: 3.2% Airbnb Rental Income: $null Traditional Rental Income: $2008 Airbnb ROI: N/A Traditional ROI: 3.2%
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: N/A Traditional cash on cash: 9.05% Airbnb Rental Income: $null Traditional Rental Income: $1733 Airbnb ROI: N/A 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.	$159,900	Airbnb cash on cash: N/A Traditional cash on cash: 9.32% Airbnb Rental Income: $null Traditional Rental Income: $1892 Airbnb ROI: N/A Traditional ROI: 9.32%
386 & 390 S Brooke Street Alpena, MI Exceptional investment opportunity! This two-unit ranch duplex features a spacious three-b...	5 beds \| N/A baths \| 2,465 sq.ft.	$225,000	Airbnb cash on cash: N/A Traditional cash on cash: 8.27% Airbnb Rental Income: $null Traditional Rental Income: $2442 Airbnb ROI: N/A Traditional ROI: 8.27%
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.	$190,000	Airbnb cash on cash: N/A Traditional cash on cash: 10.11% Airbnb Rental Income: $null Traditional Rental Income: $2223 Airbnb ROI: N/A Traditional ROI: 10.11%
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: N/A Traditional cash on cash: 9.85% Airbnb Rental Income: $null Traditional Rental Income: $2894 Airbnb ROI: N/A Traditional ROI: 9.85%
925 S 8th Street Ave Alpena, MI CHARMING 3-BEDROOM RANCH WITH VINTAGE CHARACTER AND MODERN UPDATES Welcome to a home where...	3 beds \| 1 baths \| 1,147 sq.ft.	$194,500	Airbnb cash on cash: N/A Traditional cash on cash: 4.57% Airbnb Rental Income: $null Traditional Rental Income: $1260 Airbnb ROI: N/A Traditional ROI: 4.57%
2904 Connon Street Alpena, MI Charming 3-Bedroom Ranch Just Outside City Limits! Discover comfort and convenience in thi...	3 beds \| 1 baths \| 1,272 sq.ft.	$199,000	Airbnb cash on cash: N/A Traditional cash on cash: 8.16% Airbnb Rental Income: $null Traditional Rental Income: $1973 Airbnb ROI: N/A Traditional ROI: 8.16%
259 N Lawn St Alpena, MI You'll find everything that you need in this cozy city gem located just a few blocks from ...	3 beds \| 2 baths \| 1,976 sq.ft.	$179,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.07% Airbnb Rental Income: $null Traditional Rental Income: $1260 Airbnb ROI: N/A Traditional ROI: 5.07%
124 W Miller St Alpena, MI This home belonged to one of the original owners of the Douville Bakery. Step into timeles...	3 beds \| 1 baths \| 1,344 sq.ft.	$130,000	Airbnb cash on cash: N/A Traditional cash on cash: 7.37% Airbnb Rental Income: $null Traditional Rental Income: $1260 Airbnb ROI: N/A Traditional ROI: 7.37%

Your search for investment property begins and ends here

Single Family Homes for Sale in Alpena, MI

306 Elizabeth St

Alpena, MI

2 beds | 1 baths | 1,584 sq.ft.

$164,900

Airbnb cash on cash: N/A

Traditional cash on cash: 10.17%

Airbnb Rental Income: $null

Traditional Rental Income: $1940

Airbnb ROI: N/A

Traditional ROI: 10.17%

635 W Washington Ave

Alpena, MI

4 beds | 4 baths | 3,237 sq.ft.

$549,500

Airbnb cash on cash: N/A

Traditional cash on cash: 5.33%

Airbnb Rental Income: $null

Traditional Rental Income: $3615

Airbnb ROI: N/A

Traditional ROI: 5.33%

920 Sable Street

Alpena, MI

2 beds | 2 baths | 2,508 sq.ft.

$199,900

Airbnb cash on cash: N/A

Traditional cash on cash: 9.93%

Airbnb Rental Income: $null

Traditional Rental Income: $2365

Airbnb ROI: N/A

Traditional ROI: 9.93%

105 Sitting Bull Road

Alpena, MI

2 beds | 2 baths | 960 sq.ft.

$149,900

Airbnb cash on cash: N/A

Traditional cash on cash: 8.83%

Airbnb Rental Income: $null

Traditional Rental Income: $1719

Airbnb ROI: N/A

Traditional ROI: 8.83%

303 S State Ave

Alpena, MI

5 beds | 4 baths | 7,443 sq.ft.

$1,800,000

Airbnb cash on cash: N/A

Traditional cash on cash: 1.37%

Airbnb Rental Income: $null

Traditional Rental Income: $4987

Airbnb ROI: N/A

Traditional ROI: 1.37%

121 Channel Rd

Alpena, MI

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

$415,000

Airbnb cash on cash: N/A

Traditional cash on cash: 5.68%

Airbnb Rental Income: $null

Traditional Rental Income: $3005

Airbnb ROI: N/A

Traditional ROI: 5.68%

4721 Haken Road

Alpena, MI

3 beds | 1 baths | 1,424 sq.ft.

$419,000

Airbnb cash on cash: N/A

Traditional cash on cash: 3.2%

Airbnb Rental Income: $null

Traditional Rental Income: $2008

Airbnb ROI: N/A

Traditional ROI: 3.2%

104 Birdie Lane

Alpena, MI

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

$159,200

Airbnb cash on cash: N/A

Traditional cash on cash: 9.05%

Airbnb Rental Income: $null

Traditional Rental Income: $1733

Airbnb ROI: N/A