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
1949 Wolf Lake Dr Baldwin, MI Watch the sun set right from the living room of this very well maintained cabin across the...	2 beds \| 1 baths \| 816 sq.ft.	$129,900	Airbnb cash on cash: 4.82% Traditional cash on cash: 8.04% Airbnb Rental Income: $1304 Traditional Rental Income: $1300 Airbnb ROI: 4.82% Traditional ROI: 8.04%
4136 W 32nd St Baldwin, MI Do you want to be surrounded by nature? This beautifully updated three-bedroom home is loc...	4 beds \| 1 baths \| 1,096 sq.ft.	$219,900	Airbnb cash on cash: 4.06% Traditional cash on cash: 6.36% Airbnb Rental Income: $1834 Traditional Rental Income: $1820 Airbnb ROI: 4.06% Traditional ROI: 6.36%
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.	$315,000	Airbnb cash on cash: 0.03% Traditional cash on cash: 1.84% Airbnb Rental Income: $1304 Traditional Rental Income: $1435 Airbnb ROI: 0.03% Traditional ROI: 1.84%
11821 S Red Cedar Ave Baldwin, MI UP NORTH Cabin at BIG STAR LAKE with Bayak Beach Access. This year around cabin built in 2...	2 beds \| 1 baths \| 1,040 sq.ft.	$159,900	Airbnb cash on cash: 3.7% Traditional cash on cash: 7.04% Airbnb Rental Income: $1304 Traditional Rental Income: $1407 Airbnb ROI: 3.7% Traditional ROI: 7.04%
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: 2.77% Traditional cash on cash: 6.7% Airbnb Rental Income: $1304 Traditional Rental Income: $1607 Airbnb ROI: 2.77% Traditional ROI: 6.7%
8967 W Bowling Green Blvd Baldwin, MI Your Ultimate Up North Escape Awaits! Nestled on a spacious and wooded 1.5-acre lot in the...	2 beds \| 1 baths \| 624 sq.ft.	$150,000	Airbnb cash on cash: 4.01% Traditional cash on cash: 6.08% Airbnb Rental Income: $1304 Traditional Rental Income: $1195 Airbnb ROI: 4.01% Traditional ROI: 6.08%
2121 Wolf Lake Dr Baldwin, MI All Sports Wolf Lake Fun without the All Sports Wolf Lake Taxes!! This well loved and mai...	3 beds \| 2 baths \| 1,800 sq.ft.	$319,000	Airbnb cash on cash: 1.92% Traditional cash on cash: 4.95% Airbnb Rental Income: $1459 Traditional Rental Income: $1936 Airbnb ROI: 1.92% Traditional ROI: 4.95%
2589 W Erie St Baldwin, MI Very nice 3 bed 1 bath with some recent updates in a quiet area. Home is set up for year r...	3 beds \| 1 baths \| 1,050 sq.ft.	$149,900	Airbnb cash on cash: 5.02% Traditional cash on cash: 10.61% Airbnb Rental Income: $1459 Traditional Rental Income: $1829 Airbnb ROI: 5.02% Traditional ROI: 10.61%
6582 W Pine Crest Dr Baldwin, MI Year-round home in Nugent Lake Hills Association on a quiet cul-de-sac. This 3-bedroom hom...	3 beds \| 1 baths \| 1,066 sq.ft.	$174,900	Airbnb cash on cash: 4.01% Traditional cash on cash: 9.26% Airbnb Rental Income: $1459 Traditional Rental Income: $1902 Airbnb ROI: 4.01% Traditional ROI: 9.26%
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.	$225,000	Airbnb cash on cash: 1.93% Traditional cash on cash: 6.46% Airbnb Rental Income: $1304 Traditional Rental Income: $1862 Airbnb ROI: 1.93% Traditional ROI: 6.46%
520 7th St Baldwin, MI This 3 bed 1 bath farmhouse needs some love, but is worth the investment! Located on a qui...	2 beds \| 1 baths \| 980 sq.ft.	$140,000	Airbnb cash on cash: 4.37% Traditional cash on cash: 10.06% Airbnb Rental Income: $1304 Traditional Rental Income: $1662 Airbnb ROI: 4.37% Traditional ROI: 10.06%
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: 6.6% Traditional cash on cash: 11.58% Airbnb Rental Income: $1304 Traditional Rental Income: $1381 Airbnb ROI: 6.6% Traditional ROI: 11.58%
8862 W Rainbow Lake Dr Baldwin, MI Located just 90 minutes north of Grand Rapids makes this a perfect lake home for vacationi...	3 beds \| 2 baths \| 2,080 sq.ft.	$310,000	Airbnb cash on cash: 1.71% Traditional cash on cash: 7.51% Airbnb Rental Income: $1459 Traditional Rental Income: $2717 Airbnb ROI: 1.71% Traditional ROI: 7.51%
530 Cherry St Baldwin, MI Charming Home in the Village of Baldwin. Move-in ready home offers a main level bedroom pl...	2 beds \| 1 baths \| 850 sq.ft.	$124,900	Airbnb cash on cash: 5.29% Traditional cash on cash: 10.35% Airbnb Rental Income: $1304 Traditional Rental Income: $1506 Airbnb ROI: 5.29% Traditional ROI: 10.35%
6710 W Dana's Cir 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: 3.67% Traditional cash on cash: 11.37% Airbnb Rental Income: $1304 Traditional Rental Income: $2202 Airbnb ROI: 3.67% 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: 0.27% Traditional cash on cash: 9.8% Airbnb Rental Income: $598 Traditional Rental Income: $1835 Airbnb ROI: 0.27% Traditional ROI: 9.8%
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: 4.03% Traditional cash on cash: 7.89% Airbnb Rental Income: $1304 Traditional Rental Income: $1451 Airbnb ROI: 4.03% Traditional ROI: 7.89%
2873 W Oliver St Baldwin, MI What a beautiful home! New 3BD/2BA construction with in-floor radiant heat, soaring cathed...	3 beds \| 2 baths \| 2,714 sq.ft.	$379,900	Airbnb cash on cash: 0.11% Traditional cash on cash: 5.51% Airbnb Rental Income: $1459 Traditional Rental Income: $2952 Airbnb ROI: 0.11% Traditional ROI: 5.51%
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.	$184,900	Airbnb cash on cash: -0.39% Traditional cash on cash: 5.52% Airbnb Rental Income: $598 Traditional Rental Income: $1348 Airbnb ROI: -0.39% Traditional ROI: 5.52%
9643 S M 37 Baldwin, MI 9643 S M 37, Baldwin, MI 49304 \| Other	N/A beds \| N/A baths \| N/A	$65,000	Airbnb cash on cash: N/A Traditional cash on cash: 8.44% Airbnb Rental Income: $null Traditional Rental Income: $800 Airbnb ROI: N/A Traditional ROI: 8.44%
4953 M-37 Baldwin, MI 4953 M-37, Baldwin, MI 49304 \| Other	N/A beds \| N/A baths \| N/A	$138,000	Airbnb cash on cash: N/A Traditional cash on cash: 2.83% Airbnb Rental Income: $null Traditional Rental Income: $800 Airbnb ROI: N/A Traditional ROI: 2.83%
1678 Harding Ave Baldwin, MI 1678 Harding Ave, Baldwin, MI 49304 \| Other	N/A beds \| N/A baths \| N/A	$55,000	Airbnb cash on cash: N/A Traditional cash on cash: 10.25% Airbnb Rental Income: $null Traditional Rental Income: $800 Airbnb ROI: N/A Traditional ROI: 10.25%
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%
9909 S Paradise Cir #92 Baldwin, MI 9909 S Paradise Cir #92, Baldwin, MI 49304 \| Other	N/A beds \| N/A baths \| N/A	$65,000	Airbnb cash on cash: N/A Traditional cash on cash: 8.08% Airbnb Rental Income: $null Traditional Rental Income: $890 Airbnb ROI: N/A Traditional ROI: 8.08%
6159 S Forman Rd Baldwin, MI 6159 S Forman Rd, Baldwin, MI 49304 \| Other	N/A beds \| N/A baths \| N/A	$57,500	Airbnb cash on cash: N/A Traditional cash on cash: 11.3% Airbnb Rental Income: $null Traditional Rental Income: $890 Airbnb ROI: N/A Traditional ROI: 11.3%
10962 S Minising Ct Baldwin, MI 10962 S Minising Ct, Baldwin, MI 49304 \| Other	N/A beds \| N/A baths \| N/A	$575,000	Airbnb cash on cash: N/A Traditional cash on cash: -1.02% Airbnb Rental Income: $null Traditional Rental Income: $903 Airbnb ROI: N/A Traditional ROI: -1.02%
7312 W Echo Lake Dr Baldwin, MI What a great place to call home or have as a year round cottage! This custom build has so ...	5 beds \| 2 baths \| 2,479 sq.ft.	$319,900	Airbnb cash on cash: N/A Traditional cash on cash: 7.52% Airbnb Rental Income: $null Traditional Rental Income: $3012 Airbnb ROI: N/A Traditional ROI: 7.52%
11272 S L Lakes Bridge St Baldwin, MI Tucked away on the peaceful shores of L Lake, this rare opportunity offers the charm and s...	1 beds \| 1 baths \| 1,300 sq.ft.	$249,000	Airbnb cash on cash: -1.13% Traditional cash on cash: 5.12% Airbnb Rental Income: $598 Traditional Rental Income: $1779 Airbnb ROI: -1.13% Traditional ROI: 5.12%
9223 S Trail Of The Lks Baldwin, MI This home has only been loved by one family and never before on the market! Built for long...	2 beds \| 2 baths \| 2,240 sq.ft.	$289,900	Airbnb cash on cash: 0.84% Traditional cash on cash: 7.59% Airbnb Rental Income: $1304 Traditional Rental Income: $2740 Airbnb ROI: 0.84% Traditional ROI: 7.59%
9918 S Rebecca Rd Baldwin, MI Yes, Yes you can have it all! 87' frontage on Quiet no motor, no noise lake front on Echo ...	2 beds \| 2 baths \| 1,600 sq.ft.	$339,900	Airbnb cash on cash: 1.05% Traditional cash on cash: 6.22% Airbnb Rental Income: $1304 Traditional Rental Income: $2547 Airbnb ROI: 1.05% Traditional ROI: 6.22%
11373 S Rabbit Rd Baldwin, MI You won't find another one like it!! Lake, land, and mostly furnished cabin, they just don...	1 beds \| 1 baths \| 896 sq.ft.	$259,900	Airbnb cash on cash: -1.43% Traditional cash on cash: 4.02% Airbnb Rental Income: $598 Traditional Rental Income: $1647 Airbnb ROI: -1.43% Traditional ROI: 4.02%
9736 S Trillium Trl Baldwin, MI What a Location! Lake Access to All Sports Big Star Lake, Lake Access to Basford Lake AND ...	3 beds \| 1 baths \| 1,120 sq.ft.	$189,900	Airbnb cash on cash: 2.93% Traditional cash on cash: 7.47% Airbnb Rental Income: $1459 Traditional Rental Income: $1847 Airbnb ROI: 2.93% Traditional ROI: 7.47%
2471 W Wolf Lake Blvd Baldwin, MI Don't miss out on this cozy, newly renovated year-round home near all-sports Wolf Lake. Wi...	1 beds \| 1 baths \| 448 sq.ft.	$129,900	Airbnb cash on cash: -0.02% Traditional cash on cash: 5.95% Airbnb Rental Income: $598 Traditional Rental Income: $1055 Airbnb ROI: -0.02% Traditional ROI: 5.95%
1581 Lone Pine Dr Baldwin, MI WELCOME to your peaceful northern Michigan retreat! As you step inside, you'll immediately...	2 beds \| 1 baths \| 1,552 sq.ft.	$239,500	Airbnb cash on cash: 2.06% Traditional cash on cash: 5.84% Airbnb Rental Income: $1304 Traditional Rental Income: $1753 Airbnb ROI: 2.06% Traditional ROI: 5.84%

Real Estate investment in Baldwin, MI

There are 97 properties for sale in the city of Baldwin . The median list price in Baldwin is $26,184 and the average price per square foot is $22. In September 2026, the average monthly cash on cash return in Baldwin is 10.00%. The average monthly rental income in Baldwin is $1,286.

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

There are 97 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 $1,304.

Your search for investment property begins and ends here

Investment Property for Sale in Baldwin, MI

1949 Wolf Lake Dr

Baldwin, MI

2 beds | 1 baths | 816 sq.ft.

$129,900

Airbnb cash on cash: 4.82%

Traditional cash on cash: 8.04%

Airbnb Rental Income: $1304

Traditional Rental Income: $1300

Airbnb ROI: 4.82%

Traditional ROI: 8.04%

4136 W 32nd St

Baldwin, MI

4 beds | 1 baths | 1,096 sq.ft.

$219,900

Airbnb cash on cash: 4.06%

Traditional cash on cash: 6.36%

Airbnb Rental Income: $1834

Traditional Rental Income: $1820

Airbnb ROI: 4.06%

Traditional ROI: 6.36%

9013 S Three Lakes Ln

Baldwin, MI

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

$315,000

Airbnb cash on cash: 0.03%

Traditional cash on cash: 1.84%

Airbnb Rental Income: $1304

Traditional Rental Income: $1435

Airbnb ROI: 0.03%

Traditional ROI: 1.84%

11821 S Red Cedar Ave

Baldwin, MI

2 beds | 1 baths | 1,040 sq.ft.

$159,900

Airbnb cash on cash: 3.7%

Traditional cash on cash: 7.04%

Airbnb Rental Income: $1304

Traditional Rental Income: $1407

Airbnb ROI: 3.7%

Traditional ROI: 7.04%

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: 2.77%

Traditional cash on cash: 6.7%

Airbnb Rental Income: $1304

Traditional Rental Income: $1607

Airbnb ROI: 2.77%

Traditional ROI: 6.7%

8967 W Bowling Green Blvd

Baldwin, MI

2 beds | 1 baths | 624 sq.ft.

$150,000

Airbnb cash on cash: 4.01%

Traditional cash on cash: 6.08%

Airbnb Rental Income: $1304

Traditional Rental Income: $1195

Airbnb ROI: 4.01%

Traditional ROI: 6.08%

2121 Wolf Lake Dr

Baldwin, MI

3 beds | 2 baths | 1,800 sq.ft.

$319,000

Airbnb cash on cash: 1.92%

Traditional cash on cash: 4.95%

Airbnb Rental Income: $1459

Traditional Rental Income: $1936

Airbnb ROI: 1.92%