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 #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: 0.95% Traditional cash on cash: 5.81% Airbnb Rental Income: $1270 Traditional Rental Income: $2354 Airbnb ROI: 0.95% Traditional ROI: 5.81%
8024 W Hemlock Ave Baldwin, MI This 2 bedroom/ 1 bath cottage is located in the Chain of Lakes area with public access to...	2 beds \| 1 baths \| 850 sq.ft.	$119,900	Airbnb cash on cash: 2.45% Traditional cash on cash: 10.99% Airbnb Rental Income: $936 Traditional Rental Income: $1579 Airbnb ROI: 2.45% Traditional ROI: 10.99%
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: -1.06% Traditional cash on cash: 1.71% Airbnb Rental Income: $936 Traditional Rental Income: $1435 Airbnb ROI: -1.06% Traditional ROI: 1.71%
1041 Wolf Lake Dr 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: 0.18% Traditional cash on cash: 4.63% Airbnb Rental Income: $1257 Traditional Rental Income: $2031 Airbnb ROI: 0.18% Traditional ROI: 4.63%
9341 S Oxeye Ave Baldwin, MI LAKEFRONT STUNNER - Perched high on a scenic hilltop, this exceptional Baldwin retreat off...	4 beds \| 2 baths \| 1,440 sq.ft.	$369,900	Airbnb cash on cash: 0.29% Traditional cash on cash: 5.16% Airbnb Rental Income: $1270 Traditional Rental Income: $2558 Airbnb ROI: 0.29% Traditional ROI: 5.16%
8224 W Pine Grove Beach Dr Baldwin, MI Everyone wants a place on Big Star Lake...now is your chance! This cottage has 75 feet of ...	3 beds \| 1 baths \| 1,152 sq.ft.	$399,900	Airbnb cash on cash: -0.06% Traditional cash on cash: 2.57% Airbnb Rental Income: $1257 Traditional Rental Income: $1845 Airbnb ROI: -0.06% Traditional ROI: 2.57%
5242 S Forest Dr 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: -0.86% Traditional cash on cash: 2.5% Airbnb Rental Income: $598 Traditional Rental Income: $1010 Airbnb ROI: -0.86% Traditional ROI: 2.5%
2408 W Northland Dr Baldwin, MI Welcome home to this charming two-bedroom, two-bath residence ideally located close to tow...	2 beds \| 2 baths \| 1,150 sq.ft.	$190,000	Airbnb cash on cash: 1.07% Traditional cash on cash: 6.7% Airbnb Rental Income: $936 Traditional Rental Income: $1607 Airbnb ROI: 1.07% Traditional ROI: 6.7%
9325 S Lazy Ln #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.	$82,500	Airbnb cash on cash: -0.56% Traditional cash on cash: 11.49% Airbnb Rental Income: $598 Traditional Rental Income: $1286 Airbnb ROI: -0.56% Traditional ROI: 11.49%
2083 S Lynx Track Trl Baldwin, MI Land Contract Terms Are Available! New Construction Alert! This beautifully crafted home i...	2 beds \| 1 baths \| 1,232 sq.ft.	$249,900	Airbnb cash on cash: 0.75% Traditional cash on cash: 6.96% Airbnb Rental Income: $936 Traditional Rental Income: $2056 Airbnb ROI: 0.75% Traditional ROI: 6.96%
5576 S Whalen Lake Rd 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: $936 Traditional Rental Income: $1862 Airbnb ROI: 0.43% Traditional ROI: 6.12%
6583 W Eastlake Dr 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: 3.45% Traditional cash on cash: 11.58% Airbnb Rental Income: $936 Traditional Rental Income: $1381 Airbnb ROI: 3.45% Traditional ROI: 11.58%
2496 Wolf Lake Drive Baldwin, MI Year-round living with 75ft of sandy frontage on all-sports Wolf Lake! Newer-built home of...	2 beds \| 3 baths \| 1,748 sq.ft.	$515,000	Airbnb cash on cash: -0.64% Traditional cash on cash: 4.15% Airbnb Rental Income: $936 Traditional Rental Income: $2894 Airbnb ROI: -0.64% Traditional ROI: 4.15%
8833 W Velt Ave Baldwin, MI Welcome to 8833 W Velt! This stunning property offers 100 feet of frontage on Rainbow Lake...	3 beds \| 2 baths \| 1,453 sq.ft.	$439,900	Airbnb cash on cash: 0.33% Traditional cash on cash: 4.57% Airbnb Rental Income: $1257 Traditional Rental Income: $2605 Airbnb ROI: 0.33% Traditional ROI: 4.57%
9572 S Oxeye Ave Baldwin, MI Welcome to 9572 S Oxeye Ave. This 2 bedroom 1 bathroom cottage sits on a double lot & boas...	2 beds \| 1 baths \| 800 sq.ft.	$185,900	Airbnb cash on cash: 0.99% Traditional cash on cash: 6.43% Airbnb Rental Income: $936 Traditional Rental Income: $1553 Airbnb ROI: 0.99% Traditional ROI: 6.43%
2263 W Riverbend Trl Baldwin, MI 2 bed, 2 full bath year round home on 2.47 wooded acres, with an incredible 1,100' of fron...	2 beds \| 2 baths \| 1,241 sq.ft.	$330,000	Airbnb cash on cash: 0.02% Traditional cash on cash: 5.27% Airbnb Rental Income: $936 Traditional Rental Income: $2222 Airbnb ROI: 0.02% Traditional ROI: 5.27%
8376 W Pine Grove Beach Dr 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: 2.51% Traditional cash on cash: 9.73% Airbnb Rental Income: $936 Traditional Rental Income: $1527 Airbnb ROI: 2.51% Traditional ROI: 9.73%
10022 S Rebecca Rd Baldwin, MI First time to market! This beautiful home sits right on popular Echo Lake! This one has an...	3 beds \| 2 baths \| 1,422 sq.ft.	$449,900	Airbnb cash on cash: 0% Traditional cash on cash: 5.16% Airbnb Rental Income: $1257 Traditional Rental Income: $3031 Airbnb ROI: 0% Traditional ROI: 5.16%
2762 W Southern Ave 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.	$221,900	Airbnb cash on cash: 1.87% Traditional cash on cash: 10.62% Airbnb Rental Income: $1257 Traditional Rental Income: $2697 Airbnb ROI: 1.87% Traditional ROI: 10.62%
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: 1.86% Traditional cash on cash: 11.37% Airbnb Rental Income: $936 Traditional Rental Income: $2202 Airbnb ROI: 1.86% 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: 0.27% Traditional cash on cash: 9.8% Airbnb Rental Income: $598 Traditional Rental Income: $1835 Airbnb ROI: 0.27% Traditional ROI: 9.8%
11988 S Shady Grove Dr Baldwin, MI Summer is quickly approaching, get ready to enjoy it to the fullest with this Outdoor Love...	1 beds \| 1 baths \| 1,000 sq.ft.	$135,000	Airbnb cash on cash: -0.42% Traditional cash on cash: 8.8% Airbnb Rental Income: $598 Traditional Rental Income: $1505 Airbnb ROI: -0.42% Traditional ROI: 8.8%
3374 W 12th St 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: 1.9% Traditional cash on cash: 7.89% Airbnb Rental Income: $936 Traditional Rental Income: $1451 Airbnb ROI: 1.9% Traditional ROI: 7.89%
2873 W Oliver St 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: 0.01% Traditional cash on cash: 5.6% Airbnb Rental Income: $1257 Traditional Rental Income: $2952 Airbnb ROI: 0.01% Traditional ROI: 5.6%
10018 S Rebecca Rd 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: -0.5% Traditional cash on cash: 4.38% Airbnb Rental Income: $598 Traditional Rental Income: $1348 Airbnb ROI: -0.5% 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	$148,000	Airbnb cash on cash: N/A Traditional cash on cash: 2.48% Airbnb Rental Income: $null Traditional Rental Income: $800 Airbnb ROI: N/A Traditional ROI: 2.48%
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	$56,690	Airbnb cash on cash: N/A Traditional cash on cash: 9.9% Airbnb Rental Income: $null Traditional Rental Income: $800 Airbnb ROI: N/A Traditional ROI: 9.9%
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	$56,690	Airbnb cash on cash: N/A Traditional cash on cash: 10.6% Airbnb Rental Income: $null Traditional Rental Income: $840 Airbnb ROI: N/A Traditional ROI: 10.6%
Parcel J Tatanka Trl Baldwin, MI Parcel J Tatanka Trl, Baldwin, MI 49304 \| Other	N/A beds \| N/A baths \| N/A	$56,690	Airbnb cash on cash: N/A Traditional cash on cash: 9.9% Airbnb Rental Income: $null Traditional Rental Income: $800 Airbnb ROI: N/A Traditional ROI: 9.9%
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	$56,690	Airbnb cash on cash: N/A Traditional cash on cash: 9.9% Airbnb Rental Income: $null Traditional Rental Income: $800 Airbnb ROI: N/A Traditional ROI: 9.9%
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 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%
00 S Dillard St Baldwin, MI 00 S Dillard St, Baldwin, MI 49304 \| Other	N/A beds \| N/A baths \| N/A	$137,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.65% Airbnb Rental Income: $null Traditional Rental Income: $903 Airbnb ROI: N/A Traditional ROI: 3.65%
4440 S Nugent View Ln Baldwin, MI Turn-key lake living meets year-round recreation on sought-after Nugent Lake! This well-ma...	2 beds \| 1 baths \| 1,700 sq.ft.	$214,900	Airbnb cash on cash: 0.28% Traditional cash on cash: 10.36% Airbnb Rental Income: $936 Traditional Rental Income: $2644 Airbnb ROI: 0.28% Traditional ROI: 10.36%
9467 S Easy Ln #18 Baldwin, MI 9467 S Easy Ln #18, Baldwin, MI 49304 \| Other	N/A beds \| N/A baths \| N/A	$55,000	Airbnb cash on cash: N/A Traditional cash on cash: 9.45% Airbnb Rental Income: $null Traditional Rental Income: $869 Airbnb ROI: N/A Traditional ROI: 9.45%

Real Estate investment in Baldwin, MI

There are 65 properties for sale in the city of Baldwin . The median list price in Baldwin is $117,450 and the average price per square foot is $90. In May 2026, the average monthly cash on cash return in Baldwin is 10.00%. The average monthly rental income in Baldwin is $1,358.

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

There are 65 investment properties available for sale in Baldwin.

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

The ROI for Long-Term is higher than the Short-Term in Baldwin with average rental income of $1,358.

Your search for investment property begins and ends here

Investment Property for Sale in Baldwin, MI

1083 Boncher Boulevard #25

Baldwin, MI

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

$325,000

Airbnb cash on cash: 0.95%

Traditional cash on cash: 5.81%

Airbnb Rental Income: $1270

Traditional Rental Income: $2354

Airbnb ROI: 0.95%

Traditional ROI: 5.81%

8024 W Hemlock Ave

Baldwin, MI

2 beds | 1 baths | 850 sq.ft.

$119,900

Airbnb cash on cash: 2.45%

Traditional cash on cash: 10.99%

Airbnb Rental Income: $936

Traditional Rental Income: $1579

Airbnb ROI: 2.45%

Traditional ROI: 10.99%

9013 S Three Lakes Ln

Baldwin, MI

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

$325,000

Airbnb cash on cash: -1.06%

Traditional cash on cash: 1.71%

Airbnb Rental Income: $936

Traditional Rental Income: $1435

Airbnb ROI: -1.06%

Traditional ROI: 1.71%

1041 Wolf Lake Dr

Baldwin, MI

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

$279,900

Airbnb cash on cash: 0.18%

Traditional cash on cash: 4.63%

Airbnb Rental Income: $1257

Traditional Rental Income: $2031

Airbnb ROI: 0.18%

Traditional ROI: 4.63%

9341 S Oxeye Ave

Baldwin, MI

4 beds | 2 baths | 1,440 sq.ft.

$369,900

Airbnb cash on cash: 0.29%

Traditional cash on cash: 5.16%

Airbnb Rental Income: $1270

Traditional Rental Income: $2558

Airbnb ROI: 0.29%

Traditional ROI: 5.16%

8224 W Pine Grove Beach Dr

Baldwin, MI

3 beds | 1 baths | 1,152 sq.ft.

$399,900

Airbnb cash on cash: -0.06%

Traditional cash on cash: 2.57%

Airbnb Rental Income: $1257

Traditional Rental Income: $1845

Airbnb ROI: -0.06%

Traditional ROI: 2.57%

5242 S Forest Dr

Baldwin, MI

1 beds | 1 baths | 520 sq.ft.

$219,900

Airbnb cash on cash: -0.86%

Traditional cash on cash: 2.5%

Airbnb Rental Income: $598

Traditional Rental Income: $1010

Airbnb ROI: -0.86%

Traditional ROI: 2.5%

2408 W Northland Dr

Baldwin, MI

2 beds | 2 baths | 1,150 sq.ft.

$190,000

Airbnb cash on cash: 1.07%

Traditional cash on cash: 6.7%

Airbnb Rental Income: $936

Traditional Rental Income: $1607

Airbnb ROI: 1.07%