Real Estate Investment Properties for Sale in Charlevoix, MI

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

Explore a variety of short-term homes & houses in Charlevoix, MI. Invest wisely with VRBO & Charlevoix, 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 Charlevoix, MI

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
108 Petoskey Avenue Charlevoix, MI Just one block from the beach and downtown Charlevoix. This charming, light-filled classic...	3 beds \| 2 baths \| 1,864 sq.ft.	$499,900	Airbnb cash on cash: 0.39% Traditional cash on cash: 2.54% Airbnb Rental Income: $1973 Traditional Rental Income: $2464 Airbnb ROI: 0.39% Traditional ROI: 2.54%
111 Pine River Lane Charlevoix, MI Weathervane 1 bedroom Patio Efficiency unit, one of only four Patio Efficiency units in th...	1 beds \| 1 baths \| 572 sq.ft.	$99,000	Airbnb cash on cash: 3.4% Traditional cash on cash: 6.78% Airbnb Rental Income: $1020 Traditional Rental Income: $986 Airbnb ROI: 3.4% Traditional ROI: 6.78%
09370 Old Orchard Charlevoix, MI Charming Charlevoix Township Ranch Welcome to this inviting 3-bedroom, 2-bath ranch home i...	3 beds \| 2 baths \| 1,525 sq.ft.	$478,000	Airbnb cash on cash: 0.52% Traditional cash on cash: 2.29% Airbnb Rental Income: $1973 Traditional Rental Income: $2247 Airbnb ROI: 0.52% Traditional ROI: 2.29%
101 Michigan Avenue #210 Charlevoix, MI Downtown Charlevoix condo offering 2 bedrooms and 2 full baths in an exceptional location ...	2 beds \| 2 baths \| 994 sq.ft.	$329,000	Airbnb cash on cash: 1.67% Traditional cash on cash: 1.99% Airbnb Rental Income: $1893 Traditional Rental Income: $1487 Airbnb ROI: 1.67% Traditional ROI: 1.99%
638 Division Charlevoix, MI Beautifully updated and modernized bi-level home with a 2 car garage all situated on a gen...	3 beds \| 1 baths \| 1,636 sq.ft.	$479,000	Airbnb cash on cash: 0.51% Traditional cash on cash: 1.3% Airbnb Rental Income: $1973 Traditional Rental Income: $1807 Airbnb ROI: 0.51% Traditional ROI: 1.3%
14625 Springwood Charlevoix, MI WOW! TREMENDOUS VALUE FOR THE PRICE! This property is only 6 miles from downtown Charlevoi...	3 beds \| 2 baths \| 1,477 sq.ft.	$299,900	Airbnb cash on cash: 2.3% Traditional cash on cash: 4.9% Airbnb Rental Income: $1973 Traditional Rental Income: $2188 Airbnb ROI: 2.3% Traditional ROI: 4.9%
18893 Clipperview Road Charlevoix, MI Open House Saturday 6/20 from 12-2pm. If you're looking for a quiet community surrounded b...	4 beds \| 3 baths \| 2,178 sq.ft.	$595,000	Airbnb cash on cash: 0.69% Traditional cash on cash: 2.55% Airbnb Rental Income: $2484 Traditional Rental Income: $2913 Airbnb ROI: 0.69% Traditional ROI: 2.55%
7525-41 Karlee Court Street Charlevoix, MI Perfectly located halfway between Charlevoix and Petoskey, this attractive home is ready t...	3 beds \| 2 baths \| 1,340 sq.ft.	$165,000	Airbnb cash on cash: 6.14% Traditional cash on cash: 10.14% Airbnb Rental Income: $1973 Traditional Rental Income: $2084 Airbnb ROI: 6.14% Traditional ROI: 10.14%
08521 Mount McSauba Road Charlevoix, MI Custom built home offering 4 bedrooms 4.5 baths and sitting on 1.5 acres of hardwoods. Thi...	4 beds \| 5 baths \| 3,300 sq.ft.	$1,499,900	Airbnb cash on cash: -1.25% Traditional cash on cash: 0.92% Airbnb Rental Income: $2484 Traditional Rental Income: $4907 Airbnb ROI: -1.25% Traditional ROI: 0.92%
2835 S Barnard Charlevoix, MI Discover your private Northern Michigan oasis with this custom-built cedar home tucked int...	3 beds \| 4 baths \| 2,564 sq.ft.	$485,000	Airbnb cash on cash: 0.48% Traditional cash on cash: 4.32% Airbnb Rental Income: $1973 Traditional Rental Income: $3200 Airbnb ROI: 0.48% Traditional ROI: 4.32%
400 W Upright Street Charlevoix, MI Welcome to an inviting 2-bedroom, 2-bathroom home situated in town Charlevoix, just minute...	2 beds \| 2 baths \| 1,000 sq.ft.	$309,000	Airbnb cash on cash: 1.93% Traditional cash on cash: 3.18% Airbnb Rental Income: $1893 Traditional Rental Income: $1751 Airbnb ROI: 1.93% Traditional ROI: 3.18%
1105 Grant Street Charlevoix, MI Welcome home to this quaint, move-in-ready retreat situated in a quiet neighborhood just m...	2 beds \| 1 baths \| 1,020 sq.ft.	$329,000	Airbnb cash on cash: 1.67% Traditional cash on cash: 1.57% Airbnb Rental Income: $1893 Traditional Rental Income: $1360 Airbnb ROI: 1.67% Traditional ROI: 1.57%
705 State St Charlevoix, MI Welcome to the perfect blend of charm, convenience, and elevated living! If you want to be...	4 beds \| 3 baths \| 1,554 sq.ft.	$606,000	Airbnb cash on cash: 1.06% Traditional cash on cash: 2.14% Airbnb Rental Income: $2484 Traditional Rental Income: $2495 Airbnb ROI: 1.06% Traditional ROI: 2.14%
230 Newman Charlevoix, MI Summer Residents who like to mosey to town or retirees who want a first level bedroom, or ...	3 beds \| 2 baths \| 1,540 sq.ft.	$399,900	Airbnb cash on cash: 1.11% Traditional cash on cash: 1.45% Airbnb Rental Income: $1973 Traditional Rental Income: $1585 Airbnb ROI: 1.11% Traditional ROI: 1.45%
100 Michigan Avenue #117 D Charlevoix, MI This is a one bed one bath ground floor Edgewater Quarter share unit 117D! This unit is on...	1 beds \| 1 baths \| 603 sq.ft.	$94,900	Airbnb cash on cash: 4.96% Traditional cash on cash: 11.61% Airbnb Rental Income: $1020 Traditional Rental Income: $1276 Airbnb ROI: 4.96% Traditional ROI: 11.61%
8275 Shrigley Charlevoix, MI 8275 Shrigley, Charlevoix, MI 49720 \| Single Family Residential	4 beds \| 2 baths \| 1,800 sq.ft.	$699,000	Airbnb cash on cash: 0.21% Traditional cash on cash: 0.48% Airbnb Rental Income: $2484 Traditional Rental Income: $2054 Airbnb ROI: 0.21% Traditional ROI: 0.48%
7857 Nine Mile Drive Charlevoix, MI A stunning 21st-century contemporary residence overlooking Little Traverse Bay on Lake Mic...	5 beds \| 4 baths \| 4,600 sq.ft.	$2,600,000	Airbnb cash on cash: -1.68% Traditional cash on cash: -0.73% Airbnb Rental Income: $2821 Traditional Rental Income: $4454 Airbnb ROI: -1.68% Traditional ROI: -0.73%
12877 US-31 N Charlevoix, MI 12877 US-31 N, Charlevoix, MI 49720 \| Other	N/A beds \| N/A baths \| N/A	$395,000	Airbnb cash on cash: -0.86% Traditional cash on cash: -1.03% Airbnb Rental Income: $1077 Traditional Rental Income: $646 Airbnb ROI: -0.86% Traditional ROI: -1.03%
12593 Fern Place Charlevoix, MI Open House Sunday July 5th from 2pm to 4pm. Welcome to Fern Place, located in the peaceful...	3 beds \| 2 baths \| 1,753 sq.ft.	$469,000	Airbnb cash on cash: 1.71% Traditional cash on cash: 3.82% Airbnb Rental Income: $1973 Traditional Rental Income: $2381 Airbnb ROI: 1.71% Traditional ROI: 3.82%
11705 N Stonebridge Drive Charlevoix, MI Beautiful Ron Way custom-designed home in the gated Stonebridge community, nestled on the ...	5 beds \| 5 baths \| 4,264 sq.ft.	$1,175,000	Airbnb cash on cash: 0.36% Traditional cash on cash: 3.16% Airbnb Rental Income: $2821 Traditional Rental Income: $5215 Airbnb ROI: 0.36% Traditional ROI: 3.16%
202 W Carpenter Charlevoix, MI Brand New Construction located close to downtown Charlevoix shops and restaurants. Excelle...	3 beds \| 2 baths \| 1,534 sq.ft.	$439,000	Airbnb cash on cash: 2.14% Traditional cash on cash: 4.69% Airbnb Rental Income: $1973 Traditional Rental Income: $2503 Airbnb ROI: 2.14% Traditional ROI: 4.69%
202 W Carpenter St Charlevoix, MI Brand New Construction located close to downtown Charlevoix shops and restaurants. Excelle...	3 beds \| 2 baths \| 1,534 sq.ft.	$429,000	Airbnb cash on cash: 2.21% Traditional cash on cash: 4.36% Airbnb Rental Income: $1973 Traditional Rental Income: $2319 Airbnb ROI: 2.21% Traditional ROI: 4.36%
111B Belvedere Ave Charlevoix, MI Walking distance to Downtown Charlevoix, this four-story lakefront masterpiece offers two ...	4 beds \| 3 baths \| 3,589 sq.ft.	$3,845,000	Airbnb cash on cash: -2.03% Traditional cash on cash: -1.37% Airbnb Rental Income: $2484 Traditional Rental Income: $4233 Airbnb ROI: -2.03% Traditional ROI: -1.37%
1004 Marina Bluff Drive Charlevoix, MI Welcome to one of Charlevoix's most coveted addresses. Perched above Ferry Beach and the c...	3 beds \| 3 baths \| 1,510 sq.ft.	$812,500	Airbnb cash on cash: -0.22% Traditional cash on cash: 1.07% Airbnb Rental Income: $1973 Traditional Rental Income: $2431 Airbnb ROI: -0.22% Traditional ROI: 1.07%
14290 Highland Way Charlevoix, MI This is the one that you've been looking for, a quality, recently constructed home perfect...	3 beds \| 3 baths \| 2,050 sq.ft.	$700,000	Airbnb cash on cash: 0.39% Traditional cash on cash: 2.81% Airbnb Rental Income: $1973 Traditional Rental Income: $3031 Airbnb ROI: 0.39% Traditional ROI: 2.81%
1205 State St Charlevoix, MI Complete remodel located close to downtown Charlevoix shops and restaurants. Excellent flo...	3 beds \| 2 baths \| 1,127 sq.ft.	$489,000	Airbnb cash on cash: 0.45% Traditional cash on cash: 1.85% Airbnb Rental Income: $1973 Traditional Rental Income: $2096 Airbnb ROI: 0.45% Traditional ROI: 1.85%
206 Ferry Avenue #44 Charlevoix, MI This 1-bedroom, 1-bathroom condo at Foster Boat Works offers an excellent opportunity to e...	1 beds \| 1 baths \| 681 sq.ft.	$449,000	Airbnb cash on cash: 0.08% Traditional cash on cash: 1.3% Airbnb Rental Income: $1020 Traditional Rental Income: $1173 Airbnb ROI: 0.08% Traditional ROI: 1.3%
17 N Stonebridge Dr #17 Charlevoix, MI Build-to-suit Frank Lloyd Wright-inspired Prairie-style home on an estate-size wooded lot ...	4 beds \| 4 baths \| 3,500 sq.ft.	$2,100,000	Airbnb cash on cash: -0.13% Traditional cash on cash: 1.03% Airbnb Rental Income: $2484 Traditional Rental Income: $4143 Airbnb ROI: -0.13% Traditional ROI: 1.03%
6 N Country Club Dr #6 Charlevoix, MI Build-to-suit Frank Lloyd Wright-inspired Prairie-style home to be built on a very desirab...	4 beds \| 4 baths \| 3,500 sq.ft.	$2,100,000	Airbnb cash on cash: -0.15% Traditional cash on cash: 1.01% Airbnb Rental Income: $2484 Traditional Rental Income: $4148 Airbnb ROI: -0.15% Traditional ROI: 1.01%
111 Pine River, Door #17 Charlevoix, MI Investment Property! Weathervane Terrace Inn and Suites Condo-hotel offers ownership with ...	1 beds \| 1 baths \| 260 sq.ft.	$79,900	Airbnb cash on cash: 5.85% Traditional cash on cash: 10.78% Airbnb Rental Income: $1020 Traditional Rental Income: $1049 Airbnb ROI: 5.85% Traditional ROI: 10.78%
9423 Windeberry Drive Charlevoix, MI Introducing Windeberry, the newest residential development within the Charlevoix Country C...	4 beds \| 2 baths \| 1,594 sq.ft.	$649,000	Airbnb cash on cash: 1.94% Traditional cash on cash: 3.24% Airbnb Rental Income: $2484 Traditional Rental Income: $2663 Airbnb ROI: 1.94% Traditional ROI: 3.24%
106 Oak Street Charlevoix, MI Presenting a spacious 3+ bedroom, 2 bathroom ranch home, ideally situated in a desirable r...	3 beds \| 2 baths \| 2,564 sq.ft.	$595,000	Airbnb cash on cash: 0.73% Traditional cash on cash: 1.05% Airbnb Rental Income: $1973 Traditional Rental Income: $1635 Airbnb ROI: 0.73% Traditional ROI: 1.05%
112 W Lincoln St Charlevoix, MI Adorable updated downtown Charlevoix 3 bedroom 2 bath home within walking distance of town...	3 beds \| 2 baths \| 1,388 sq.ft.	$415,000	Airbnb cash on cash: 1.29% Traditional cash on cash: 2.26% Airbnb Rental Income: $1973 Traditional Rental Income: $1832 Airbnb ROI: 1.29% Traditional ROI: 2.26%
307 Antrim St Charlevoix, MI	4 beds \| 4 baths \| 2,129 sq.ft.	$750,000	Airbnb cash on cash: 0.03% Traditional cash on cash: 1.21% Airbnb Rental Income: $2484 Traditional Rental Income: $2709 Airbnb ROI: 0.03% Traditional ROI: 1.21%
406 Burns Street Charlevoix, MI LOCATION IS EVERYTHING! Don't miss this charming 3-bedroom, 1-bathroom home situated on a ...	3 beds \| 1 baths \| 1,270 sq.ft.	$479,000	Airbnb cash on cash: 0.48% Traditional cash on cash: 0.38% Airbnb Rental Income: $1973 Traditional Rental Income: $1408 Airbnb ROI: 0.48% Traditional ROI: 0.38%
100 Michigan Ave #355 Charlevoix, MI Spacious 2-bedroom waterfront condominium overlooking the beautiful shores of Round Lake, ...	2 beds \| 2 baths \| 887 sq.ft.	$795,000	Airbnb cash on cash: -0.78% Traditional cash on cash: -0.29% Airbnb Rental Income: $1893 Traditional Rental Income: $1753 Airbnb ROI: -0.78% Traditional ROI: -0.29%
2 Uptown Lane Charlevoix, MI Introducing Uptown Village, a thoughtfully designed collection of luxury townhomes just st...	2 beds \| 2 baths \| 1,135 sq.ft.	$499,000	Airbnb cash on cash: 0.25% Traditional cash on cash: 1.91% Airbnb Rental Income: $1893 Traditional Rental Income: $2161 Airbnb ROI: 0.25% Traditional ROI: 1.91%

Real Estate investment in Charlevoix, MI

There are 118 properties for sale in the city of Charlevoix . The median list price in Charlevoix is $404,758 and the average price per square foot is $223. In September 2026, the average monthly cash on cash return in Charlevoix is 2.00%. The average monthly rental income in Charlevoix is $2,042.

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

There are 118 investment properties available for sale in Charlevoix.

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

The ROI for Long-Term is higher than the Short-Term in Charlevoix with average rental income of $2,042.

Your search for investment property begins and ends here

Investment Property for Sale in Charlevoix, MI

108 Petoskey Avenue

Charlevoix, MI

3 beds | 2 baths | 1,864 sq.ft.

$499,900

Airbnb cash on cash: 0.39%

Traditional cash on cash: 2.54%

Airbnb Rental Income: $1973

Traditional Rental Income: $2464

Airbnb ROI: 0.39%

Traditional ROI: 2.54%

111 Pine River Lane

Charlevoix, MI

1 beds | 1 baths | 572 sq.ft.

$99,000

Airbnb cash on cash: 3.4%

Traditional cash on cash: 6.78%

Airbnb Rental Income: $1020

Traditional Rental Income: $986

Airbnb ROI: 3.4%

Traditional ROI: 6.78%

09370 Old Orchard

Charlevoix, MI

3 beds | 2 baths | 1,525 sq.ft.

$478,000

Airbnb cash on cash: 0.52%

Traditional cash on cash: 2.29%

Airbnb Rental Income: $1973

Traditional Rental Income: $2247

Airbnb ROI: 0.52%

Traditional ROI: 2.29%

101 Michigan Avenue #210

Charlevoix, MI

2 beds | 2 baths | 994 sq.ft.

$329,000

Airbnb cash on cash: 1.67%

Traditional cash on cash: 1.99%

Airbnb Rental Income: $1893

Traditional Rental Income: $1487

Airbnb ROI: 1.67%

Traditional ROI: 1.99%

638 Division

Charlevoix, MI

3 beds | 1 baths | 1,636 sq.ft.

$479,000

Airbnb cash on cash: 0.51%

Traditional cash on cash: 1.3%

Airbnb Rental Income: $1973

Traditional Rental Income: $1807

Airbnb ROI: 0.51%

Traditional ROI: 1.3%

14625 Springwood

Charlevoix, MI

3 beds | 2 baths | 1,477 sq.ft.

$299,900

Airbnb cash on cash: 2.3%

Traditional cash on cash: 4.9%

Airbnb Rental Income: $1973

Traditional Rental Income: $2188

Airbnb ROI: 2.3%

Traditional ROI: 4.9%

18893 Clipperview Road

Charlevoix, MI

4 beds | 3 baths | 2,178 sq.ft.

$595,000

Airbnb cash on cash: 0.69%

Traditional cash on cash: 2.55%

Airbnb Rental Income: $2484

Traditional Rental Income: $2913

Airbnb ROI: 0.69%

Traditional ROI: 2.55%

7525-41 Karlee Court Street

Charlevoix, MI

3 beds | 2 baths | 1,340 sq.ft.

$165,000

Airbnb cash on cash: 6.14%

Traditional cash on cash: 10.14%

Airbnb Rental Income: $1973

Traditional Rental Income: $2084

Airbnb ROI: 6.14%