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
6840 S Riverbend Ln Baldwin, MI Year round home right on the banks of the Baldwin River! Offering over 200 feet of frontag...	4 beds \| 2 baths \| 1,400 sq.ft.	$273,900	Airbnb cash on cash: N/A Traditional cash on cash: 7.45% Airbnb Rental Income: $null Traditional Rental Income: $2570 Airbnb ROI: N/A Traditional ROI: 7.45%
9279 S Forman Road Baldwin, MI This cute little cabin on 10 acres offers more then just a place to lay your head. It offe...	2 beds \| 1 baths \| 960 sq.ft.	$204,900	Airbnb cash on cash: N/A Traditional cash on cash: 5.59% Airbnb Rental Income: $null Traditional Rental Income: $1579 Airbnb ROI: N/A Traditional ROI: 5.59%
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: N/A Traditional cash on cash: 1.71% Airbnb Rental Income: $null Traditional Rental Income: $1435 Airbnb ROI: N/A Traditional ROI: 1.71%
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: N/A Traditional cash on cash: 2.5% Airbnb Rental Income: $null Traditional Rental Income: $1010 Airbnb ROI: N/A Traditional ROI: 2.5%
8223 W Cypress Ave 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: N/A Traditional cash on cash: 4.82% Airbnb Rental Income: $null Traditional Rental Income: $1042 Airbnb ROI: N/A Traditional ROI: 4.82%
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.	$87,500	Airbnb cash on cash: N/A Traditional cash on cash: 10.82% Airbnb Rental Income: $null Traditional Rental Income: $1286 Airbnb ROI: N/A Traditional ROI: 10.82%
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: N/A Traditional cash on cash: 6.96% Airbnb Rental Income: $null Traditional Rental Income: $2056 Airbnb ROI: N/A 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: N/A Traditional cash on cash: 6.12% Airbnb Rental Income: $null Traditional Rental Income: $1862 Airbnb ROI: N/A 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: N/A Traditional cash on cash: 11.58% Airbnb Rental Income: $null Traditional Rental Income: $1381 Airbnb ROI: N/A Traditional ROI: 11.58%
8287 W Hollyhock Ave Baldwin, MI Welcome to a peaceful Northern Michigan retreat at the end of a quiet dead-end road. Surro...	2 beds \| 1 baths \| 1,200 sq.ft.	$195,000	Airbnb cash on cash: N/A Traditional cash on cash: 7.36% Airbnb Rental Income: $null Traditional Rental Income: $1757 Airbnb ROI: N/A Traditional ROI: 7.36%
1581 Lone Pine (west) Dr 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.	$299,900	Airbnb cash on cash: N/A Traditional cash on cash: 4.78% Airbnb Rental Income: $null Traditional Rental Income: $1818 Airbnb ROI: N/A Traditional ROI: 4.78%
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.	$159,900	Airbnb cash on cash: N/A Traditional cash on cash: 8.11% Airbnb Rental Income: $null Traditional Rental Income: $1527 Airbnb ROI: N/A Traditional ROI: 8.11%
2350 S Burke Cir Baldwin, MI 2014 custom built home on 5 acres with 3 bedrooms and 2 bathrooms. Located on a quiet road...	4 beds \| 1 baths \| 1,600 sq.ft.	$299,000	Airbnb cash on cash: N/A Traditional cash on cash: 7.55% Airbnb Rental Income: $null Traditional Rental Income: $2722 Airbnb ROI: N/A Traditional ROI: 7.55%
9177 S Lost Pine Ave Baldwin, MI One of a kind cozy cottage with access to the lake Cecelia for sale! It contains one bedro...	1 beds \| 1 baths \| 396 sq.ft.	$110,000	Airbnb cash on cash: N/A Traditional cash on cash: 8.69% Airbnb Rental Income: $null Traditional Rental Income: $1198 Airbnb ROI: N/A Traditional ROI: 8.69%
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: N/A Traditional cash on cash: 9.2% Airbnb Rental Income: $null Traditional Rental Income: $1430 Airbnb ROI: N/A Traditional ROI: 9.2%
2762 W Southern Ave Baldwin, MI Within walking distance to Wolf Lake, a 300-acre all-sports lake with public access, this ...	3 beds \| 3 baths \| 1,522 sq.ft.	$249,900	Airbnb cash on cash: N/A Traditional cash on cash: 9.4% Airbnb Rental Income: $null Traditional Rental Income: $2697 Airbnb ROI: N/A Traditional ROI: 9.4%
8733 S James Rd Baldwin, MI Welcome to your new Northern MI Lake Front oasis! Large 2 bed 2 bath, walk-out that overlo...	2 beds \| 2 baths \| 1,680 sq.ft.	$269,900	Airbnb cash on cash: N/A Traditional cash on cash: 8.62% Airbnb Rental Income: $null Traditional Rental Income: $2665 Airbnb ROI: N/A Traditional ROI: 8.62%
8286 W Pine Grove Beach Dr Baldwin, MI Cottage for Sale - Big Star Lake Just 75 feet from access to beautiful Big Star Lake, this...	2 beds \| 1 baths \| 962 sq.ft.	$249,900	Airbnb cash on cash: N/A Traditional cash on cash: 4.41% Airbnb Rental Income: $null Traditional Rental Income: $1527 Airbnb ROI: N/A Traditional ROI: 4.41%
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: N/A Traditional cash on cash: 9.57% Airbnb Rental Income: $null Traditional Rental Income: $2375 Airbnb ROI: N/A Traditional ROI: 9.57%
6483 S Emma Ave Baldwin, MI Charming Ranch-Style Home Built in 2023! This 2-bedroom, 1-bath frame home offers convenie...	2 beds \| 1 baths \| 768 sq.ft.	$164,900	Airbnb cash on cash: N/A Traditional cash on cash: 8.29% Airbnb Rental Income: $null Traditional Rental Income: $1751 Airbnb ROI: N/A Traditional ROI: 8.29%
801 W Rainbow Trl 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: N/A Traditional cash on cash: 11% Airbnb Rental Income: $null Traditional Rental Income: $1993 Airbnb ROI: N/A 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: N/A Traditional cash on cash: 11.37% Airbnb Rental Income: $null Traditional Rental Income: $2202 Airbnb ROI: N/A Traditional ROI: 11.37%
6815 W Dana's Cir 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: N/A Traditional cash on cash: 9.8% Airbnb Rental Income: $null Traditional Rental Income: $1835 Airbnb ROI: N/A Traditional ROI: 9.8%
11988 S Shady Grove Dr 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: N/A Traditional cash on cash: 8.8% Airbnb Rental Income: $null Traditional Rental Income: $1505 Airbnb ROI: N/A 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: N/A Traditional cash on cash: 7.89% Airbnb Rental Income: $null Traditional Rental Income: $1451 Airbnb ROI: N/A 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: N/A Traditional cash on cash: 5.6% Airbnb Rental Income: $null Traditional Rental Income: $2952 Airbnb ROI: N/A 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: N/A Traditional cash on cash: 4.38% Airbnb Rental Income: $null Traditional Rental Income: $1348 Airbnb ROI: N/A Traditional ROI: 4.38%
LP 340 Trl Baldwin, MI LP 340 Trl, Baldwin, MI 49304 \| Other	N/A beds \| N/A baths \| N/A	$59,900	Airbnb cash on cash: N/A Traditional cash on cash: 8.11% Airbnb Rental Income: $null Traditional Rental Income: $729 Airbnb ROI: N/A Traditional ROI: 8.11%
438 E 32nd St Baldwin, MI 438 E 32nd St, Baldwin, MI 49304 \| Other	N/A beds \| N/A baths \| N/A	$88,900	Airbnb cash on cash: N/A Traditional cash on cash: 5.64% Airbnb Rental Income: $null Traditional Rental Income: $800 Airbnb ROI: N/A Traditional ROI: 5.64%
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%
4177 S Michway Baldwin, MI 4177 S Michway, 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%
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: 9.39% Airbnb Rental Income: $null Traditional Rental Income: $729 Airbnb ROI: N/A Traditional ROI: 9.39%
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%

Real Estate investment in Baldwin, MI

There are 52 properties for sale in the city of Baldwin . The median list price in Baldwin is $82,500 and the average price per square foot is $62. In February 2026, the average monthly cash on cash return in Baldwin is 11.00%. The average monthly rental income in Baldwin is $926.

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

There are 52 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 $N/A.

Your search for investment property begins and ends here

Investment Property for Sale in Baldwin, MI

6840 S Riverbend Ln

Baldwin, MI

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

$273,900

Airbnb cash on cash: N/A

Traditional cash on cash: 7.45%

Airbnb Rental Income: $null

Traditional Rental Income: $2570

Airbnb ROI: N/A

Traditional ROI: 7.45%

9279 S Forman Road

Baldwin, MI

2 beds | 1 baths | 960 sq.ft.

$204,900

Airbnb cash on cash: N/A

Traditional cash on cash: 5.59%

Airbnb Rental Income: $null

Traditional Rental Income: $1579

Airbnb ROI: N/A

Traditional ROI: 5.59%

9013 S Three Lakes Ln

Baldwin, MI

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

$325,000

Airbnb cash on cash: N/A

Traditional cash on cash: 1.71%

Airbnb Rental Income: $null

Traditional Rental Income: $1435

Airbnb ROI: N/A

Traditional ROI: 1.71%

5242 S Forest Dr

Baldwin, MI

1 beds | 1 baths | 520 sq.ft.

$219,900

Airbnb cash on cash: N/A

Traditional cash on cash: 2.5%

Airbnb Rental Income: $null

Traditional Rental Income: $1010

Airbnb ROI: N/A

Traditional ROI: 2.5%

8223 W Cypress Ave

Baldwin, MI

2 beds | 1 baths | 555 sq.ft.

$138,000

Airbnb cash on cash: N/A

Traditional cash on cash: 4.82%

Airbnb Rental Income: $null

Traditional Rental Income: $1042

Airbnb ROI: N/A

Traditional ROI: 4.82%

9325 S Lazy Ln #33

Baldwin, MI

1 beds | 1 baths | 665 sq.ft.

$87,500

Airbnb cash on cash: N/A

Traditional cash on cash: 10.82%

Airbnb Rental Income: $null

Traditional Rental Income: $1286

Airbnb ROI: N/A

Traditional ROI: 10.82%

2083 S Lynx Track Trl

Baldwin, MI

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

$249,900

Airbnb cash on cash: N/A

Traditional cash on cash: 6.96%

Airbnb Rental Income: $null

Traditional Rental Income: $2056

Airbnb ROI: N/A

Traditional ROI: 6.96%

5576 S Whalen Lake Rd

Baldwin, MI

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

$235,900

Airbnb cash on cash: N/A

Traditional cash on cash: 6.12%

Airbnb Rental Income: $null

Traditional Rental Income: $1862

Airbnb ROI: N/A