Real Estate Investment Properties for Sale in East Tawas, MI

Looking for investment property in East Tawas, MI with high ROI ?

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

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
615 E Franklin St East Tawas, MI Unique Residential Developmental Opportunity in the Heart of East Tawas. This structure i...	N/A beds \| 1 baths \| 416 sq.ft.	$99,900	Airbnb cash on cash: N/A Traditional cash on cash: 3.97% Airbnb Rental Income: $null Traditional Rental Income: $841 Airbnb ROI: N/A Traditional ROI: 3.97%
220 Alice Street East Tawas, MI Opportunity knocks with this 3-bedroom, 2-bath home just a short walk from downtown Tawas ...	3 beds \| 1 baths \| 1,117 sq.ft.	$119,000	Airbnb cash on cash: 0.95% Traditional cash on cash: 11.56% Airbnb Rental Income: $779 Traditional Rental Income: $1678 Airbnb ROI: 0.95% Traditional ROI: 11.56%
519 Adams Street East Tawas, MI Take a look at this well maintained ranch for your year around home or cottage. The the ki...	2 beds \| 2 baths \| 972 sq.ft.	$194,900	Airbnb cash on cash: -0.66% Traditional cash on cash: 7.03% Airbnb Rental Income: $632 Traditional Rental Income: $1760 Airbnb ROI: -0.66% Traditional ROI: 7.03%
1008 Clifford Street East Tawas, MI Cozy 3-bedroom ranch near Tawas Lake! This well-maintained, single-level home is ideally l...	3 beds \| 1 baths \| 1,332 sq.ft.	$179,900	Airbnb cash on cash: 0.28% Traditional cash on cash: 4.25% Airbnb Rental Income: $779 Traditional Rental Income: $1140 Airbnb ROI: 0.28% Traditional ROI: 4.25%
531 WILBER RD East Tawas, MI Invest with success and buy through Auction.com. This bank-owned investment property is a ...	2 beds \| 1 baths \| 758 sq.ft.	$140,000	Airbnb cash on cash: -0.71% Traditional cash on cash: 6.73% Airbnb Rental Income: $632 Traditional Rental Income: $1337 Airbnb ROI: -0.71% Traditional ROI: 6.73%
412 Wadsworth Street East Tawas, MI Located in the Heart of downtown East Tawas and close to public beaches on Tawas Bay! Thi...	3 beds \| 2 baths \| 1,198 sq.ft.	$230,000	Airbnb cash on cash: -0.41% Traditional cash on cash: 5.12% Airbnb Rental Income: $779 Traditional Rental Income: $1663 Airbnb ROI: -0.41% Traditional ROI: 5.12%
1260 Schill Road East Tawas, MI Imagine on a nice summer day relaxing on your covered porch and watching the sun set. That...	2 beds \| 2 baths \| 1,150 sq.ft.	$187,500	Airbnb cash on cash: -0.2% Traditional cash on cash: 6.16% Airbnb Rental Income: $632 Traditional Rental Income: $1470 Airbnb ROI: -0.2% Traditional ROI: 6.16%
4507 Gowen Road East Tawas, MI This Beautiful Home was Custom Built in 2001, all brick home sits on over 4 acres with gre...	5 beds \| 3 baths \| 3,200 sq.ft.	$599,900	Airbnb cash on cash: N/A Traditional cash on cash: 4.73% Airbnb Rental Income: $null Traditional Rental Income: $3723 Airbnb ROI: N/A Traditional ROI: 4.73%
940 Huron St East Tawas, MI This is the adorable log cottage "Up North" that you have been looking for! 100 feet of we...	2 beds \| 1 baths \| 800 sq.ft.	$349,900	Airbnb cash on cash: -1.43% Traditional cash on cash: 2.71% Airbnb Rental Income: $632 Traditional Rental Income: $1698 Airbnb ROI: -1.43% Traditional ROI: 2.71%
235 Monument Road East Tawas, MI Turn this into your dream home! All the makings for either a single family residence or a ...	3 beds \| 2 baths \| 2,335 sq.ft.	$259,900	Airbnb cash on cash: -1.02% Traditional cash on cash: 8.2% Airbnb Rental Income: $779 Traditional Rental Income: $2722 Airbnb ROI: -1.02% Traditional ROI: 8.2%
1340 Bischoff East Tawas, MI Motivated Seller! Your Private Retreat on 9.6 Acres Pole building with attached out buildi...	4 beds \| 2 baths \| 2,200 sq.ft.	$399,900	Airbnb cash on cash: N/A Traditional cash on cash: 5.7% Airbnb Rental Income: $null Traditional Rental Income: $2744 Airbnb ROI: N/A Traditional ROI: 5.7%
203 Adams East Tawas, MI This charming 3-bedroom, 2-bath home is nestled in a fantastic location, just minutes away...	3 beds \| 2 baths \| 1,265 sq.ft.	$175,000	Airbnb cash on cash: 0.46% Traditional cash on cash: 10.73% Airbnb Rental Income: $779 Traditional Rental Income: $2171 Airbnb ROI: 0.46% Traditional ROI: 10.73%
971 N Huron St East Tawas, MI Beautifully remodeled log cabin located just 5 miles north of town. Ready to be enjoyed pe...	2 beds \| 1 baths \| 475 sq.ft.	$175,000	Airbnb cash on cash: -0.98% Traditional cash on cash: 5.63% Airbnb Rental Income: $632 Traditional Rental Income: $1439 Airbnb ROI: -0.98% Traditional ROI: 5.63%
977 N Huron Street East Tawas, MI Potential buyer's dream. Your chance to get 3 complete units with 1 purchase. Older cabins...	3 beds \| 3 baths \| 1,380 sq.ft.	$225,000	Airbnb cash on cash: -0.73% Traditional cash on cash: 10.07% Airbnb Rental Income: $779 Traditional Rental Income: $2759 Airbnb ROI: -0.73% Traditional ROI: 10.07%
973 N Huron St East Tawas, MI Come take a look at this charming 2 bedroom, 1 bath log cabin located just 5 miles north o...	2 beds \| 1 baths \| 475 sq.ft.	$135,000	Airbnb cash on cash: 0.09% Traditional cash on cash: 7.4% Airbnb Rental Income: $632 Traditional Rental Income: $1285 Airbnb ROI: 0.09% Traditional ROI: 7.4%
1030 Airport Drive East Tawas, MI Up North living just minutes from Lake Huron. Two lots, nearly Â½ acre, and just minutes f...	3 beds \| 2 baths \| 1,820 sq.ft.	$245,900	Airbnb cash on cash: -0.24% Traditional cash on cash: 9.3% Airbnb Rental Income: $779 Traditional Rental Income: $2676 Airbnb ROI: -0.24% Traditional ROI: 9.3%
800 E State Street East Tawas, MI Conveniently located in downtown East Tawas this 2 bedroom/1 bathroom house is situated on...	2 beds \| 1 baths \| 1,084 sq.ft.	$179,900	Airbnb cash on cash: -0.31% Traditional cash on cash: 8.96% Airbnb Rental Income: $632 Traditional Rental Income: $1926 Airbnb ROI: -0.31% Traditional ROI: 8.96%
971 Wintergreen East Tawas, MI A very well maintained three bedroom, 1.75 bath brick ranch home on nearly a 1/2 acre corn...	3 beds \| 2 baths \| 1,460 sq.ft.	$239,900	Airbnb cash on cash: 0.26% Traditional cash on cash: 8.48% Airbnb Rental Income: $779 Traditional Rental Income: $2324 Airbnb ROI: 0.26% Traditional ROI: 8.48%
3386 George East Tawas, MI This beautiful property is located just outside of the city limits, yet offers the best of...	3 beds \| 2 baths \| 1,787 sq.ft.	$357,000	Airbnb cash on cash: -0.21% Traditional cash on cash: 6.16% Airbnb Rental Income: $779 Traditional Rental Income: $2594 Airbnb ROI: -0.21% Traditional ROI: 6.16%
1340 Bischoff Rd East Tawas, MI 1340 Bischoff Rd, East Tawas, MI 48730 \| Single Family Residential	4 beds \| 1 baths \| 2,200 sq.ft.	$399,900	Airbnb cash on cash: N/A Traditional cash on cash: 1.91% Airbnb Rental Income: $null Traditional Rental Income: $1757 Airbnb ROI: N/A Traditional ROI: 1.91%
441 Lakewood Drive East Tawas, MI A very nice corner location on two lots with a view of the Tawas Lake skyline. Generous 2 ...	3 beds \| 2 baths \| 1,411 sq.ft.	$250,000	Airbnb cash on cash: -0.96% Traditional cash on cash: 5.67% Airbnb Rental Income: $779 Traditional Rental Income: $2026 Airbnb ROI: -0.96% Traditional ROI: 5.67%
973 N Huron St St East Tawas, MI 973 N Huron St St, East Tawas, MI 48730 \| Condo/Coop	2 beds \| 1 baths \| 475 sq.ft.	$135,000	Airbnb cash on cash: -1.69% Traditional cash on cash: 3.39% Airbnb Rental Income: $632 Traditional Rental Income: $996 Airbnb ROI: -1.69% Traditional ROI: 3.39%
4507 Gowen Rd Lot : 63-65 East Tawas, MI 4507 Gowen Rd Lot : 63-65, East Tawas, MI 48730 \| Single Family Residential	5 beds \| 3 baths \| 3,200 sq.ft.	$599,900	Airbnb cash on cash: N/A Traditional cash on cash: 2.92% Airbnb Rental Income: $null Traditional Rental Income: $3145 Airbnb ROI: N/A Traditional ROI: 2.92%
000 Ausable Dunes Trl East Tawas, MI 000 Ausable Dunes Trl, East Tawas, MI 48730 \| Other	N/A beds \| N/A baths \| N/A	$300,000	Airbnb cash on cash: N/A Traditional cash on cash: -0.09% Airbnb Rental Income: $null Traditional Rental Income: $827 Airbnb ROI: N/A Traditional ROI: -0.09%
228 Maple Drive East Tawas, MI This 4 bedroom, 2 bath, 1 1/2 story home will soon become your "New Favorite Getaway" or t...	4 beds \| 2 baths \| 1,514 sq.ft.	$319,900	Airbnb cash on cash: N/A Traditional cash on cash: 5.29% Airbnb Rental Income: $null Traditional Rental Income: $2228 Airbnb ROI: N/A Traditional ROI: 5.29%
1170 Forest St East Tawas, MI 1170 Forest St, East Tawas, MI 48730 \| Single Family Residential	3 beds \| 2 baths \| 1,352 sq.ft.	$350,000	Airbnb cash on cash: -1.41% Traditional cash on cash: 3.28% Airbnb Rental Income: $779 Traditional Rental Income: $1999 Airbnb ROI: -1.41% Traditional ROI: 3.28%
601 E Westover Street East Tawas, MI Location! Location! Location! This corner-lot property is just waiting for you to turn ...	3 beds \| 1 baths \| 1,064 sq.ft.	$165,000	Airbnb cash on cash: -0.18% Traditional cash on cash: 7.1% Airbnb Rental Income: $779 Traditional Rental Income: $1607 Airbnb ROI: -0.18% Traditional ROI: 7.1%
1701 N US-23 East Tawas, MI This rambling ranch offers 3 bedrooms and 2 bathrooms on 4.11 acres. The open living area...	3 beds \| 2 baths \| 1,851 sq.ft.	$249,000	Airbnb cash on cash: 0.03% Traditional cash on cash: 8.13% Airbnb Rental Income: $779 Traditional Rental Income: $2367 Airbnb ROI: 0.03% Traditional ROI: 8.13%
1311 Beechwood Road #3 East Tawas, MI Welcome to 1311 Beechwood Unit 3, an exceptional condominium that beautifully blends comfo...	2 beds \| 2 baths \| 2,133 sq.ft.	$285,000	Airbnb cash on cash: -1.61% Traditional cash on cash: 0.89% Airbnb Rental Income: $632 Traditional Rental Income: $1010 Airbnb ROI: -1.61% Traditional ROI: 0.89%
1311 Beechwood #3 East Tawas, MI Welcome to 1311 Beechwood Unit 3, an exceptional condominium that beautifully blends comfo...	2 beds \| 2 baths \| 2,133 sq.ft.	$285,000	Airbnb cash on cash: -2.18% Traditional cash on cash: 0.33% Airbnb Rental Income: $632 Traditional Rental Income: $1010 Airbnb ROI: -2.18% Traditional ROI: 0.33%

Real Estate investment in East-tawas, MI

There are 32 properties for sale in the city of East Tawas . The median list price in East Tawas is $187,000 and the average price per square foot is $138. In March 2026, the average monthly cash on cash return in East Tawas is 7.00%. The average monthly rental income in East Tawas is $1,671.

East-tawas, MI Real Estate Investing: FAQs for Buyers, Sellers and Investors

There are 32 investment properties available for sale in East-tawas.

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

The ROI for Short-Term is higher than the Long-Term in East-tawas with average rental income of $779.

Your search for investment property begins and ends here

Investment Property for Sale in East Tawas, MI

615 E Franklin St

East Tawas, MI

N/A beds | 1 baths | 416 sq.ft.

$99,900

Airbnb cash on cash: N/A

Traditional cash on cash: 3.97%

Airbnb Rental Income: $null

Traditional Rental Income: $841

Airbnb ROI: N/A

Traditional ROI: 3.97%

220 Alice Street

East Tawas, MI

3 beds | 1 baths | 1,117 sq.ft.

$119,000

Airbnb cash on cash: 0.95%

Traditional cash on cash: 11.56%

Airbnb Rental Income: $779

Traditional Rental Income: $1678

Airbnb ROI: 0.95%

Traditional ROI: 11.56%

519 Adams Street

East Tawas, MI

2 beds | 2 baths | 972 sq.ft.

$194,900

Airbnb cash on cash: -0.66%

Traditional cash on cash: 7.03%

Airbnb Rental Income: $632

Traditional Rental Income: $1760

Airbnb ROI: -0.66%

Traditional ROI: 7.03%

1008 Clifford Street

East Tawas, MI

3 beds | 1 baths | 1,332 sq.ft.

$179,900

Airbnb cash on cash: 0.28%

Traditional cash on cash: 4.25%

Airbnb Rental Income: $779

Traditional Rental Income: $1140

Airbnb ROI: 0.28%

Traditional ROI: 4.25%

531 WILBER RD

East Tawas, MI

2 beds | 1 baths | 758 sq.ft.

$140,000

Airbnb cash on cash: -0.71%

Traditional cash on cash: 6.73%

Airbnb Rental Income: $632

Traditional Rental Income: $1337

Airbnb ROI: -0.71%

Traditional ROI: 6.73%

412 Wadsworth Street

East Tawas, MI

3 beds | 2 baths | 1,198 sq.ft.

$230,000

Airbnb cash on cash: -0.41%

Traditional cash on cash: 5.12%

Airbnb Rental Income: $779

Traditional Rental Income: $1663

Airbnb ROI: -0.41%

Traditional ROI: 5.12%

1260 Schill Road

East Tawas, MI

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

$187,500

Airbnb cash on cash: -0.2%

Traditional cash on cash: 6.16%

Airbnb Rental Income: $632

Traditional Rental Income: $1470

Airbnb ROI: -0.2%

Traditional ROI: 6.16%

4507 Gowen Road

East Tawas, MI

5 beds | 3 baths | 3,200 sq.ft.

$599,900

Airbnb cash on cash: N/A

Traditional cash on cash: 4.73%

Airbnb Rental Income: $null

Traditional Rental Income: $3723

Airbnb ROI: N/A