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 Residential For Salhttf L For Salhttf L For Salhttf L For Salhttf L Fory Residential for Sale in Alpena, MI

Search for Single Family Residential For Salhttf L For Salhttf L For Salhttf L For Salhttf L Fory Residential for Sale in Alpena, Michigan. Browse all of Mashvisor’s Single Family Residential For Salhttf L For Salhttf L For Salhttf L For Salhttf L Fory Residential listings and other investment property types including Single Family Homes, Multi Family Homes, Condos, Townhouses and Other Homes.

Showing 38 Single Family Residential For Salhttf L For Salhttf L For Salhttf L For Salhttf L Fory 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 Kensington Court Alpena, MI Beautiful home in a desirable neighborhood situated on a corner lot near the junior high s...	4 beds \| 2 baths \| 2,604 sq.ft.	$439,900	Airbnb cash on cash: 0.42% Traditional cash on cash: 2.18% Airbnb Rental Income: $1407 Traditional Rental Income: $1708 Airbnb ROI: 0.42% Traditional ROI: 2.18%
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: 0.21% Traditional cash on cash: 8.51% Airbnb Rental Income: $949 Traditional Rental Income: $2707 Airbnb ROI: 0.21% Traditional ROI: 8.51%
1921 Long Rapids Road Alpena, MI Modern Riverfront Living on the Thunder Bay River Tucked into a natural wooded setting whe...	5 beds \| 3 baths \| 4,146 sq.ft.	$620,000	Airbnb cash on cash: -0.06% Traditional cash on cash: 4.78% Airbnb Rental Income: $1340 Traditional Rental Income: $3729 Airbnb ROI: -0.06% Traditional ROI: 4.78%
232 S First Avenue Alpena, MI Step into timeless elegance with this 6000 plus sq ft, two story, four bedroom, six bath r...	4 beds \| 5 baths \| 6,791 sq.ft.	$895,000	Airbnb cash on cash: -0.64% Traditional cash on cash: 5.88% Airbnb Rental Income: $1407 Traditional Rental Income: $6415 Airbnb ROI: -0.64% Traditional ROI: 5.88%
635 W Washington Avenue 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.	$524,500	Airbnb cash on cash: 0.26% Traditional cash on cash: 5.63% Airbnb Rental Income: $1407 Traditional Rental Income: $3615 Airbnb ROI: 0.26% Traditional ROI: 5.63%
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: -1.07% Traditional cash on cash: 9.93% Airbnb Rental Income: $560 Traditional Rental Income: $2365 Airbnb ROI: -1.07% Traditional ROI: 9.93%
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.	$415,000	Airbnb cash on cash: -0.52% Traditional cash on cash: 5.36% Airbnb Rental Income: $949 Traditional Rental Income: $2889 Airbnb ROI: -0.52% Traditional ROI: 5.36%
330 Island View Drive Alpena, MI Welcome to one of Alpena's desirable neighborhoods. This spacious home offers the perfect ...	4 beds \| 4 baths \| 3,822 sq.ft.	$395,000	Airbnb cash on cash: 0.4% Traditional cash on cash: 8.42% Airbnb Rental Income: $1407 Traditional Rental Income: $3954 Airbnb ROI: 0.4% Traditional ROI: 8.42%
14021 Morrow Road Alpena, MI Tucked away at the end of a quiet dead-end road, this property offers a rare opportunity t...	5 beds \| 1 baths \| 1,843 sq.ft.	$389,900	Airbnb cash on cash: -0.24% Traditional cash on cash: 1.67% Airbnb Rental Income: $1340 Traditional Rental Income: $1626 Airbnb ROI: -0.24% Traditional ROI: 1.67%
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: 1.35% Traditional cash on cash: 10.08% Airbnb Rental Income: $949 Traditional Rental Income: $2076 Airbnb ROI: 1.35% Traditional ROI: 10.08%
433 W Lincoln Street Alpena, MI Make this your next home! Located in close proximity to many of the amenities offered in A...	3 beds \| 1 baths \| 1,264 sq.ft.	$185,000	Airbnb cash on cash: 0.8% Traditional cash on cash: 10.09% Airbnb Rental Income: $949 Traditional Rental Income: $2236 Airbnb ROI: 0.8% Traditional ROI: 10.09%
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: 1.39% Traditional cash on cash: 8.4% Airbnb Rental Income: $1407 Traditional Rental Income: $2770 Airbnb ROI: 1.39% Traditional ROI: 8.4%
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: -0.53% Traditional cash on cash: 9.05% Airbnb Rental Income: $560 Traditional Rental Income: $1733 Airbnb ROI: -0.53% 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: 1.38% Traditional cash on cash: 11.38% Airbnb Rental Income: $949 Traditional Rental Income: $2223 Airbnb ROI: 1.38% 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: 1.76% Traditional cash on cash: 9.85% Airbnb Rental Income: $1407 Traditional Rental Income: $2894 Airbnb ROI: 1.76% 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: -0.13% Traditional cash on cash: 2.96% Airbnb Rental Income: $949 Traditional Rental Income: $1260 Airbnb ROI: -0.13% Traditional ROI: 2.96%
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.	$172,900	Airbnb cash on cash: 0.58% Traditional cash on cash: 4.57% Airbnb Rental Income: $949 Traditional Rental Income: $1260 Airbnb ROI: 0.58% Traditional ROI: 4.57%
193 Woodland Drive Alpena, MI Fixer upper special. 3 bedroom 1 bath home. Full unfinished basement. Beautiful exterior b...	3 beds \| 1 baths \| 1,245 sq.ft.	$105,000	Airbnb cash on cash: 2.5% Traditional cash on cash: 8.96% Airbnb Rental Income: $949 Traditional Rental Income: $1260 Airbnb ROI: 2.5% Traditional ROI: 8.96%
8558 N Point Shores Road Alpena, MI Newer, custom built ranch boasting 100' of frontage on majestic Lake Huron. Panoramic view...	3 beds \| 2 baths \| 1,806 sq.ft.	$525,000	Airbnb cash on cash: -0.76% Traditional cash on cash: 0.59% Airbnb Rental Income: $949 Traditional Rental Income: $1260 Airbnb ROI: -0.76% Traditional ROI: 0.59%
1125 Sheridan Drive Alpena, MI Charming 3-bedroom, 1-bath home offering efficient living with a quaint footprint and thou...	3 beds \| 1 baths \| 960 sq.ft.	$149,500	Airbnb cash on cash: 1.05% Traditional cash on cash: 5.65% Airbnb Rental Income: $949 Traditional Rental Income: $1260 Airbnb ROI: 1.05% Traditional ROI: 5.65%
2453 Hobbs Drive Alpena, MI Welcome to this beautifully maintained, one-owner ranch home which hosts 3-bedroom, 1-bath...	3 beds \| 1 baths \| 1,168 sq.ft.	$147,000	Airbnb cash on cash: 2.15% Traditional cash on cash: 6.83% Airbnb Rental Income: $949 Traditional Rental Income: $1260 Airbnb ROI: 2.15% Traditional ROI: 6.83%

Your search for investment property begins and ends here

Single Family Residential For Salhttf L For Salhttf L For Salhttf L For Salhttf L Fory Residential for Sale in Alpena, MI

101 Kensington Court

Alpena, MI

4 beds | 2 baths | 2,604 sq.ft.

$439,900

Airbnb cash on cash: 0.42%

Traditional cash on cash: 2.18%

Airbnb Rental Income: $1407

Traditional Rental Income: $1708

Airbnb ROI: 0.42%

Traditional ROI: 2.18%

101 Island View Drive

Alpena, MI

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

$269,000

Airbnb cash on cash: 0.21%

Traditional cash on cash: 8.51%

Airbnb Rental Income: $949

Traditional Rental Income: $2707

Airbnb ROI: 0.21%

Traditional ROI: 8.51%

1921 Long Rapids Road

Alpena, MI

5 beds | 3 baths | 4,146 sq.ft.

$620,000

Airbnb cash on cash: -0.06%

Traditional cash on cash: 4.78%

Airbnb Rental Income: $1340

Traditional Rental Income: $3729

Airbnb ROI: -0.06%

Traditional ROI: 4.78%

232 S First Avenue

Alpena, MI

4 beds | 5 baths | 6,791 sq.ft.

$895,000

Airbnb cash on cash: -0.64%

Traditional cash on cash: 5.88%

Airbnb Rental Income: $1407

Traditional Rental Income: $6415

Airbnb ROI: -0.64%

Traditional ROI: 5.88%

635 W Washington Avenue

Alpena, MI

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

$524,500

Airbnb cash on cash: 0.26%

Traditional cash on cash: 5.63%

Airbnb Rental Income: $1407

Traditional Rental Income: $3615

Airbnb ROI: 0.26%

Traditional ROI: 5.63%

920 Sable Street

Alpena, MI

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

$199,900

Airbnb cash on cash: -1.07%

Traditional cash on cash: 9.93%

Airbnb Rental Income: $560

Traditional Rental Income: $2365

Airbnb ROI: -1.07%

Traditional ROI: 9.93%

121 Channel Road 1

Alpena, MI

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

$415,000

Airbnb cash on cash: -0.52%

Traditional cash on cash: 5.36%

Airbnb Rental Income: $949

Traditional Rental Income: $2889

Airbnb ROI: -0.52%

Traditional ROI: 5.36%

330 Island View Drive

Alpena, MI

4 beds | 4 baths | 3,822 sq.ft.

$395,000

Airbnb cash on cash: 0.4%

Traditional cash on cash: 8.42%

Airbnb Rental Income: $1407

Traditional Rental Income: $3954

Airbnb ROI: 0.4%