Real Estate Investment Properties for Sale in Baldwin, MI

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

Explore a variety of short-term homes & houses in Baldwin, MI. Invest wisely with VRBO & Baldwin, MI Airbnb properties available for purchase. Find your ideal investment property among our curated listings for a rewarding real estate venture.

Investment Property for Sale in Baldwin, MI

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
1083 Boncher Boulevard unit: 25 Baldwin, MI Welcome buyers to this charming 4-bed, 2-bath single family home on a spacious 1.00 acre l...	4 beds \| 2 baths \| 1,920 sq.ft.	$325,000	Airbnb cash on cash: 1.05% Traditional cash on cash: 5.81% Airbnb Rental Income: $1306 Traditional Rental Income: $2354 Airbnb ROI: 1.05% Traditional ROI: 5.81%
9013 S Three Lakes Ln Baldwin, MI Sharp, with Beautiful lakefront views! 130 ft of frontage on peaceful no-wake Orchard la...	2 beds \| 1 baths \| 1,400 sq.ft.	$325,000	Airbnb cash on cash: -1.68% Traditional cash on cash: 1.71% Airbnb Rental Income: $708 Traditional Rental Income: $1435 Airbnb ROI: -1.68% Traditional ROI: 1.71%
1041 Wolf Lake Drive Baldwin, MI All Sports Wolf Lake Access without all the neighbors and noise. This 3 bedroom home or 2n...	3 beds \| 1 baths \| 1,532 sq.ft.	$279,900	Airbnb cash on cash: -0.66% Traditional cash on cash: 2.3% Airbnb Rental Income: $991 Traditional Rental Income: $1417 Airbnb ROI: -0.66% Traditional ROI: 2.3%
5242 S Forest Drive Baldwin, MI Here is a sweet off grid set up that is sure to please! 20 acres of mixed woods with state...	1 beds \| 1 baths \| 520 sq.ft.	$219,900	Airbnb cash on cash: -1.13% Traditional cash on cash: 2.5% Airbnb Rental Income: $532 Traditional Rental Income: $1010 Airbnb ROI: -1.13% Traditional ROI: 2.5%
8223 W Cypress Avenue Baldwin, MI Now is your chance to own this amazing Cabin in the woods! Nicely surrounded by nature, on...	2 beds \| 1 baths \| 555 sq.ft.	$138,000	Airbnb cash on cash: -0.02% Traditional cash on cash: 4.82% Airbnb Rental Income: $708 Traditional Rental Income: $1042 Airbnb ROI: -0.02% Traditional ROI: 4.82%
9325 S Lazy Lane unit: #33 Baldwin, MI Super neat and well maintained RV Park model. Covered front deck allows pleasant spot to s...	1 beds \| 1 baths \| 665 sq.ft.	$87,500	Airbnb cash on cash: -1.23% Traditional cash on cash: 10.82% Airbnb Rental Income: $532 Traditional Rental Income: $1286 Airbnb ROI: -1.23% Traditional ROI: 10.82%
2083 S Lynx Track Trail Baldwin, MI Land Contract Terms Are Available! New Construction Alert! This beautifully crafted home i...	2 beds \| 2 baths \| 1,232 sq.ft.	$249,900	Airbnb cash on cash: -0.05% Traditional cash on cash: 6.96% Airbnb Rental Income: $708 Traditional Rental Income: $2056 Airbnb ROI: -0.05% Traditional ROI: 6.96%
5576 S Whalen Lake Road Baldwin, MI Escape to tranquility with this beautiful cottage nestled on the shores of a peaceful no-w...	2 beds \| 1 baths \| 1,055 sq.ft.	$235,900	Airbnb cash on cash: -0.43% Traditional cash on cash: 6.12% Airbnb Rental Income: $708 Traditional Rental Income: $1862 Airbnb ROI: -0.43% Traditional ROI: 6.12%
5743 S Merrillville Rd Baldwin, MI This magnificent northern getaway boasts a home fully updated in 2000, featuring new insul...	3 beds \| 1 baths \| 723 sq.ft.	$130,000	Airbnb cash on cash: 2.75% Traditional cash on cash: 11.19% Airbnb Rental Income: $991 Traditional Rental Income: $1692 Airbnb ROI: 2.75% Traditional ROI: 11.19%
6583 W Eastlake Drive Baldwin, MI Here is an opportunity to turn this 1971 2 bedroom 1 bathroom mobile home, that is sitting...	2 beds \| 1 baths \| 720 sq.ft.	$99,900	Airbnb cash on cash: 1.49% Traditional cash on cash: 11.58% Airbnb Rental Income: $708 Traditional Rental Income: $1381 Airbnb ROI: 1.49% Traditional ROI: 11.58%
1581 Lone Pine W Drive Baldwin, MI Wonderful RANCH home offers a peaceful setting with public access to Wolf Lake and many in...	2 beds \| 1 baths \| 1,552 sq.ft.	$299,800	Airbnb cash on cash: -0.24% Traditional cash on cash: 4.78% Airbnb Rental Income: $708 Traditional Rental Income: $1818 Airbnb ROI: -0.24% Traditional ROI: 4.78%
8376 W Pine Grove Beach Drive Baldwin, MI Super sharp 2 bedroom (plus small loft for kids) 1 bath cottage with HOA access to Big Sta...	2 beds \| 1 baths \| 850 sq.ft.	$134,900	Airbnb cash on cash: 1.04% Traditional cash on cash: 9.73% Airbnb Rental Income: $708 Traditional Rental Income: $1527 Airbnb ROI: 1.04% Traditional ROI: 9.73%
2535 W Wilderness Way Baldwin, MI Up North paradise as year around home or weekend get away! This cozy 2 bedroom 1 bath home...	2 beds \| 1 baths \| 600 sq.ft.	$125,900	Airbnb cash on cash: 0.71% Traditional cash on cash: 9.2% Airbnb Rental Income: $708 Traditional Rental Income: $1430 Airbnb ROI: 0.71% Traditional ROI: 9.2%
2762 W Southern Avenue Baldwin, MI Northern Michigan recreation at its finest! Located in view of 700-acre all-sports Wolf La...	3 beds \| 3 baths \| 1,522 sq.ft.	$233,400	Airbnb cash on cash: 0.72% Traditional cash on cash: 10.06% Airbnb Rental Income: $991 Traditional Rental Income: $2697 Airbnb ROI: 0.72% Traditional ROI: 10.06%
7481 S M-37 Baldwin, MI This beautiful ranch home located in Baldwin is just south of the Balwin River and close t...	2 beds \| 2 baths \| 2,502 sq.ft.	$199,000	Airbnb cash on cash: -0.88% Traditional cash on cash: 9.57% Airbnb Rental Income: $708 Traditional Rental Income: $2375 Airbnb ROI: -0.88% Traditional ROI: 9.57%
801 W Rainbow Trail Baldwin, MI Well cared for 3 bedroom/2 bath home. Quiet setting on 2.5 wooded acres with full front sc...	3 beds \| 2 baths \| 1,136 sq.ft.	$159,900	Airbnb cash on cash: 2.12% Traditional cash on cash: 11% Airbnb Rental Income: $991 Traditional Rental Income: $1993 Airbnb ROI: 2.12% Traditional ROI: 11%
6710 W Dana's Circle Baldwin, MI New construction alert! This wonderfully built 2-bedroom, 2-bathroom home is waiting for i...	2 beds \| 2 baths \| 1,112 sq.ft.	$177,900	Airbnb cash on cash: 0.74% Traditional cash on cash: 11.37% Airbnb Rental Income: $708 Traditional Rental Income: $2202 Airbnb ROI: 0.74% Traditional ROI: 11.37%
6815 W Dana's Circle Baldwin, MI Beep, Beep! New construction coming thru! This beautiful, wooded lot boasts a 1-Bedroom, 1...	1 beds \| 1 baths \| 1,070 sq.ft.	$167,900	Airbnb cash on cash: -0.08% Traditional cash on cash: 9.8% Airbnb Rental Income: $532 Traditional Rental Income: $1835 Airbnb ROI: -0.08% Traditional ROI: 9.8%
11988 S Shady Grove Drive Baldwin, MI Outdoor Lover's Retreat! Deeded Big Star Lake Access and Manistee National Forest right ac...	1 beds \| 1 baths \| 1,000 sq.ft.	$135,000	Airbnb cash on cash: -0.85% Traditional cash on cash: 8.8% Airbnb Rental Income: $532 Traditional Rental Income: $1505 Airbnb ROI: -0.85% Traditional ROI: 8.8%
3374 W 12th Street Baldwin, MI Tucked away on 10 peaceful acres near federal land, this 2-bedroom, 1-bath mobile home wit...	2 beds \| 1 baths \| 900 sq.ft.	$149,900	Airbnb cash on cash: 0.57% Traditional cash on cash: 7.89% Airbnb Rental Income: $708 Traditional Rental Income: $1451 Airbnb ROI: 0.57% Traditional ROI: 7.89%
2873 W Oliver Street Baldwin, MI Stunning new build! Spacious, open concept floor plan. Bright and airy with soaring cathed...	3 beds \| 2 baths \| 2,714 sq.ft.	$399,900	Airbnb cash on cash: -0.58% Traditional cash on cash: 5.6% Airbnb Rental Income: $991 Traditional Rental Income: $2952 Airbnb ROI: -0.58% Traditional ROI: 5.6%
10018 S Rebecca Road Baldwin, MI This adorable cottage has been remodeled head to toe and even offers a brand new well and ...	1 beds \| 1 baths \| 580 sq.ft.	$225,000	Airbnb cash on cash: -0.75% Traditional cash on cash: 4.38% Airbnb Rental Income: $532 Traditional Rental Income: $1348 Airbnb ROI: -0.75% Traditional ROI: 4.38%
9643 S M 37 Baldwin, MI 9643 S M 37, Baldwin, MI 49304 \| Other	N/A beds \| N/A baths \| N/A	$80,000	Airbnb cash on cash: N/A Traditional cash on cash: 6.49% Airbnb Rental Income: $null Traditional Rental Income: $800 Airbnb ROI: N/A Traditional ROI: 6.49%
4953 M-37 Baldwin, MI 4953 M-37, Baldwin, MI 49304 \| Other	N/A beds \| N/A baths \| N/A	$160,000	Airbnb cash on cash: N/A Traditional cash on cash: 2.12% Airbnb Rental Income: $null Traditional Rental Income: $800 Airbnb ROI: N/A Traditional ROI: 2.12%
1678 Harding Ave Baldwin, MI 1678 Harding Ave, Baldwin, MI 49304 \| Other	N/A beds \| N/A baths \| N/A	$59,500	Airbnb cash on cash: N/A Traditional cash on cash: 9.37% Airbnb Rental Income: $null Traditional Rental Income: $800 Airbnb ROI: N/A Traditional ROI: 9.37%
Parcel O Tatanka Trl Baldwin, MI Parcel O Tatanka Trl, Baldwin, MI 49304 \| Other	N/A beds \| N/A baths \| N/A	$52,900	Airbnb cash on cash: N/A Traditional cash on cash: 10.72% Airbnb Rental Income: $null Traditional Rental Income: $800 Airbnb ROI: N/A Traditional ROI: 10.72%
M-37 Baldwin, MI M-37, Baldwin, MI 49304 \| Other	N/A beds \| N/A baths \| 9,847 sq.ft.	$85,000	Airbnb cash on cash: N/A Traditional cash on cash: 6.49% Airbnb Rental Income: $null Traditional Rental Income: $841 Airbnb ROI: N/A Traditional ROI: 6.49%
V/L Wilma's Way Baldwin, MI V/L Wilma's Way, Baldwin, MI 49304 \| Other	N/A beds \| N/A baths \| N/A	$64,900	Airbnb cash on cash: N/A Traditional cash on cash: 8.45% Airbnb Rental Income: $null Traditional Rental Income: $800 Airbnb ROI: N/A Traditional ROI: 8.45%
Parcel I Tatanka Trl Baldwin, MI Parcel I Tatanka Trl, Baldwin, MI 49304 \| Other	N/A beds \| N/A baths \| N/A	$52,900	Airbnb cash on cash: N/A Traditional cash on cash: 11.46% Airbnb Rental Income: $null Traditional Rental Income: $840 Airbnb ROI: N/A Traditional ROI: 11.46%
Parcel J Tatanka Trl Baldwin, MI Parcel J Tatanka Trl, Baldwin, MI 49304 \| Other	N/A beds \| N/A baths \| N/A	$52,900	Airbnb cash on cash: N/A Traditional cash on cash: 10.72% Airbnb Rental Income: $null Traditional Rental Income: $800 Airbnb ROI: N/A Traditional ROI: 10.72%
Parcel N Tatanka Trl Baldwin, MI Parcel N Tatanka Trl, Baldwin, MI 49304 \| Other	N/A beds \| N/A baths \| N/A	$52,900	Airbnb cash on cash: N/A Traditional cash on cash: 10.72% Airbnb Rental Income: $null Traditional Rental Income: $800 Airbnb ROI: N/A Traditional ROI: 10.72%
Parcel K Tatanka Trl Baldwin, MI Parcel K Tatanka Trl, Baldwin, MI 49304 \| Other	N/A beds \| N/A baths \| N/A	$52,900	Airbnb cash on cash: N/A Traditional cash on cash: 10.72% Airbnb Rental Income: $null Traditional Rental Income: $800 Airbnb ROI: N/A Traditional ROI: 10.72%
Parcel L Tatanka Trl Baldwin, MI Parcel L Tatanka Trl, Baldwin, MI 49304 \| Other	N/A beds \| N/A baths \| N/A	$52,900	Airbnb cash on cash: N/A Traditional cash on cash: 10.72% Airbnb Rental Income: $null Traditional Rental Income: $800 Airbnb ROI: N/A Traditional ROI: 10.72%
Parcel H Tatanka Trl Baldwin, MI Parcel H Tatanka Trl, Baldwin, MI 49304 \| Other	N/A beds \| N/A baths \| N/A	$52,900	Airbnb cash on cash: N/A Traditional cash on cash: 10.72% Airbnb Rental Income: $null Traditional Rental Income: $800 Airbnb ROI: N/A Traditional ROI: 10.72%
Parcel F Tatanka Trl Baldwin, MI Parcel F Tatanka Trl, Baldwin, MI 49304 \| Other	N/A beds \| N/A baths \| N/A	$52,900	Airbnb cash on cash: N/A Traditional cash on cash: 10.72% Airbnb Rental Income: $null Traditional Rental Income: $800 Airbnb ROI: N/A Traditional ROI: 10.72%
Parcel G Tatanka Trl Baldwin, MI Parcel G Tatanka Trl, Baldwin, MI 49304 \| Other	N/A beds \| N/A baths \| N/A	$52,900	Airbnb cash on cash: N/A Traditional cash on cash: 10.72% Airbnb Rental Income: $null Traditional Rental Income: $800 Airbnb ROI: N/A Traditional ROI: 10.72%
Parcel E Tatanka Trl Baldwin, MI Parcel E Tatanka Trl, Baldwin, MI 49304 \| Other	N/A beds \| N/A baths \| N/A	$52,900	Airbnb cash on cash: N/A Traditional cash on cash: 10.72% Airbnb Rental Income: $null Traditional Rental Income: $800 Airbnb ROI: N/A Traditional ROI: 10.72%
13518 S Star Lake Road Baldwin, MI Fantastic location! You could enjoy direct Big Star Deeded access up the street, Public bo...	4 beds \| 2 baths \| 1,516 sq.ft.	$215,500	Airbnb cash on cash: 2.05% Traditional cash on cash: 10.22% Airbnb Rental Income: $1306 Traditional Rental Income: $2567 Airbnb ROI: 2.05% Traditional ROI: 10.22%
2995 W Byron Street Baldwin, MI Welcome home to this charming 3-bedroom, 1-bath property located in the Baldwin Community ...	3 beds \| 1 baths \| 904 sq.ft.	$127,000	Airbnb cash on cash: 2.66% Traditional cash on cash: 9.05% Airbnb Rental Income: $991 Traditional Rental Income: $1417 Airbnb ROI: 2.66% Traditional ROI: 9.05%
4813 W 48th Street Baldwin, MI Tucked away in Baldwin, MI, this charming home sits on 10 acres of private land, offering ...	2 beds \| 1 baths \| 720 sq.ft.	$235,000	Airbnb cash on cash: -0.92% Traditional cash on cash: 1.92% Airbnb Rental Income: $708 Traditional Rental Income: $1031 Airbnb ROI: -0.92% Traditional ROI: 1.92%

Real Estate investment in Baldwin, MI

There are 50 properties for sale in the city of Baldwin . The median list price in Baldwin is $112,500 and the average price per square foot is $85. In March 2026, the average monthly cash on cash return in Baldwin is 10.00%. The average monthly rental income in Baldwin is $1,103.

Baldwin, MI Real Estate Investing: FAQs for Buyers, Sellers and Investors

There are 50 investment properties available for sale in Baldwin.

In 2026, the best neighborhood to buy investment property is Baldwin.

The ROI for Short-Term is higher than the Long-Term in Baldwin with average rental income of $708.

Your search for investment property begins and ends here

Investment Property for Sale in Baldwin, MI

1083 Boncher Boulevard unit: 25

Baldwin, MI

4 beds | 2 baths | 1,920 sq.ft.

$325,000

Airbnb cash on cash: 1.05%

Traditional cash on cash: 5.81%

Airbnb Rental Income: $1306

Traditional Rental Income: $2354

Airbnb ROI: 1.05%

Traditional ROI: 5.81%

9013 S Three Lakes Ln

Baldwin, MI

2 beds | 1 baths | 1,400 sq.ft.

$325,000

Airbnb cash on cash: -1.68%

Traditional cash on cash: 1.71%

Airbnb Rental Income: $708

Traditional Rental Income: $1435

Airbnb ROI: -1.68%

Traditional ROI: 1.71%

1041 Wolf Lake Drive

Baldwin, MI

3 beds | 1 baths | 1,532 sq.ft.

$279,900

Airbnb cash on cash: -0.66%

Traditional cash on cash: 2.3%

Airbnb Rental Income: $991

Traditional Rental Income: $1417

Airbnb ROI: -0.66%

Traditional ROI: 2.3%

5242 S Forest Drive

Baldwin, MI

1 beds | 1 baths | 520 sq.ft.

$219,900

Airbnb cash on cash: -1.13%

Traditional cash on cash: 2.5%

Airbnb Rental Income: $532

Traditional Rental Income: $1010

Airbnb ROI: -1.13%

Traditional ROI: 2.5%

8223 W Cypress Avenue

Baldwin, MI

2 beds | 1 baths | 555 sq.ft.

$138,000

Airbnb cash on cash: -0.02%

Traditional cash on cash: 4.82%

Airbnb Rental Income: $708

Traditional Rental Income: $1042

Airbnb ROI: -0.02%

Traditional ROI: 4.82%

9325 S Lazy Lane unit: #33

Baldwin, MI

1 beds | 1 baths | 665 sq.ft.

$87,500

Airbnb cash on cash: -1.23%

Traditional cash on cash: 10.82%

Airbnb Rental Income: $532

Traditional Rental Income: $1286

Airbnb ROI: -1.23%

Traditional ROI: 10.82%

2083 S Lynx Track Trail

Baldwin, MI

2 beds | 2 baths | 1,232 sq.ft.

$249,900

Airbnb cash on cash: -0.05%

Traditional cash on cash: 6.96%

Airbnb Rental Income: $708

Traditional Rental Income: $2056

Airbnb ROI: -0.05%

Traditional ROI: 6.96%

5576 S Whalen Lake Road

Baldwin, MI

2 beds | 1 baths | 1,055 sq.ft.

$235,900

Airbnb cash on cash: -0.43%

Traditional cash on cash: 6.12%

Airbnb Rental Income: $708

Traditional Rental Income: $1862

Airbnb ROI: -0.43%