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
881 Geller Court East Tawas, MI Check out this adorable ranch awaiting a new family to call it home. This charming home ha...	3 beds \| 2 baths \| 1,480 sq.ft.	$234,900	Airbnb cash on cash: 3.17% Traditional cash on cash: 5.33% Airbnb Rental Income: $1649 Traditional Rental Income: $1665 Airbnb ROI: 3.17% Traditional ROI: 5.33%
1025 E Lincoln East Tawas, MI Welcome home to this bright and inviting upper-level end-unit condo, where an abundance of...	2 beds \| 2 baths \| 1,176 sq.ft.	$189,900	Airbnb cash on cash: 0.06% Traditional cash on cash: 6.66% Airbnb Rental Income: $1110 Traditional Rental Income: $1926 Airbnb ROI: 0.06% Traditional ROI: 6.66%
1012 Owosso St East Tawas, MI Move-in ready for this 3-bedroom, 1- full bath, ranch style home. In the last 3 years this...	3 beds \| 1 baths \| 1,008 sq.ft.	$214,900	Airbnb cash on cash: 3.66% Traditional cash on cash: 4.47% Airbnb Rental Income: $1649 Traditional Rental Income: $1350 Airbnb ROI: 3.66% Traditional ROI: 4.47%
22 S Baldwin Resort Rd East Tawas, MI The sign says, "TAWAS POINTE IN THE WOODS"!!! Welcome to a UNIQUE property that offers som...	3 beds \| 2 baths \| 1,149 sq.ft.	$299,000	Airbnb cash on cash: 1.16% Traditional cash on cash: 4.39% Airbnb Rental Income: $1649 Traditional Rental Income: $2093 Airbnb ROI: 1.16% Traditional ROI: 4.39%
510 Janet St East Tawas, MI Beautiful 3 bedroom home sitting on two lots right in East Tawas! This home has a two car...	3 beds \| 2 baths \| 1,798 sq.ft.	$359,900	Airbnb cash on cash: 2% Traditional cash on cash: 5.42% Airbnb Rental Income: $1649 Traditional Rental Income: $2338 Airbnb ROI: 2% Traditional ROI: 5.42%
713 W Lincoln St East Tawas, MI Several updates for this original 1963, open floorplan, 3 bedroom, 1 1/2 bath home tucked...	3 beds \| 2 baths \| 1,606 sq.ft.	$285,000	Airbnb cash on cash: 1.93% Traditional cash on cash: 6.56% Airbnb Rental Income: $1649 Traditional Rental Income: $2427 Airbnb ROI: 1.93% Traditional ROI: 6.56%
1035 Cranberry Pike East Tawas, MI This charming Chalet on Tawas Lake offers breathtaking views, the most relaxing sounds of ...	2 beds \| 1 baths \| 1,010 sq.ft.	$245,000	Airbnb cash on cash: 0.96% Traditional cash on cash: 5.41% Airbnb Rental Income: $1110 Traditional Rental Income: $1766 Airbnb ROI: 0.96% Traditional ROI: 5.41%
1008 Clifford St 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.	$169,000	Airbnb cash on cash: 4.86% Traditional cash on cash: 4.58% Airbnb Rental Income: $1649 Traditional Rental Income: $1140 Airbnb ROI: 4.86% Traditional ROI: 4.58%
412 Wadsworth St East Tawas, MI Located in the Heart of downtown East Tawas and close to public beaches on Tawas Bay! This...	3 beds \| 1 baths \| 1,198 sq.ft.	$230,000	Airbnb cash on cash: 2.93% Traditional cash on cash: 5.12% Airbnb Rental Income: $1649 Traditional Rental Income: $1663 Airbnb ROI: 2.93% Traditional ROI: 5.12%
4507 Gowen Rd 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.	$550,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.25% Airbnb Rental Income: $null Traditional Rental Income: $3723 Airbnb ROI: N/A Traditional ROI: 5.25%
1390 N US 23 East Tawas, MI Year-Round Living with Breathtaking Views & 75 feet of Frontage on Lake Huron in East Tawa...	3 beds \| 2 baths \| 2,128 sq.ft.	$575,000	Airbnb cash on cash: 0.34% Traditional cash on cash: 4.35% Airbnb Rental Income: $1649 Traditional Rental Income: $3338 Airbnb ROI: 0.34% Traditional ROI: 4.35%
805 Rainbow Dr East Tawas, MI Welcome to 805 Rainbow Drive - a stunning waterfront retreat on beautiful Tawas Lake, an a...	2 beds \| 1 baths \| 1,000 sq.ft.	$179,900	Airbnb cash on cash: 1.12% Traditional cash on cash: 6.81% Airbnb Rental Income: $1110 Traditional Rental Income: $1710 Airbnb ROI: 1.12% Traditional ROI: 6.81%
235 Monument Rd East Tawas, MI Turn this into your dream home! All the makings for either a single family residence or a ...	3 beds \| N/A baths \| 2,335 sq.ft.	$249,900	Airbnb cash on cash: 2.11% Traditional cash on cash: 8.62% Airbnb Rental Income: $1649 Traditional Rental Income: $2722 Airbnb ROI: 2.11% Traditional ROI: 8.62%
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.	$199,000	Airbnb cash on cash: 3.27% Traditional cash on cash: 7.72% Airbnb Rental Income: $1649 Traditional Rental Income: $2026 Airbnb ROI: 3.27% Traditional ROI: 7.72%
200 W Franklin St East Tawas, MI New Price, New Opportunity - Bringing Exceptional Value to This East Tawas Property! Light...	3 beds \| 3 baths \| 2,159 sq.ft.	$265,000	Airbnb cash on cash: 1.85% Traditional cash on cash: 8.04% Airbnb Rental Income: $1649 Traditional Rental Income: $2734 Airbnb ROI: 1.85% Traditional ROI: 8.04%
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.	$550,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.41% Airbnb Rental Income: $null Traditional Rental Income: $3145 Airbnb ROI: N/A Traditional ROI: 3.41%
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 MOTIVATED SELLERS!!! This 4 bedroom, 2 bath, 1 1/2 story home will soon become your "New F...	4 beds \| 2 baths \| 1,514 sq.ft.	$269,777	Airbnb cash on cash: N/A Traditional cash on cash: 6.44% Airbnb Rental Income: $null Traditional Rental Income: $2228 Airbnb ROI: N/A Traditional ROI: 6.44%
601 E Westover St East Tawas, MI Location! Location! Location! This corner-lot property is just waiting for you to turn a l...	3 beds \| 1 baths \| 1,064 sq.ft.	$159,900	Airbnb cash on cash: 4.64% Traditional cash on cash: 7.41% Airbnb Rental Income: $1649 Traditional Rental Income: $1607 Airbnb ROI: 4.64% Traditional ROI: 7.41%
1011 E Lincoln Street #4 Main Level East Tawas, MI Lincoln Square Condominiums are a great place to call HOME!! Located at the edge of East T...	2 beds \| 1 baths \| 936 sq.ft.	$147,500	Airbnb cash on cash: 1.51% Traditional cash on cash: 6.9% Airbnb Rental Income: $1110 Traditional Rental Income: $1497 Airbnb ROI: 1.51% Traditional ROI: 6.9%
1180 Cranberry Pike East Tawas, MI Looking for an "up north get-a-way" near East Tawas? This well maintained very cute "A Fra...	2 beds \| 1 baths \| 672 sq.ft.	$155,000	Airbnb cash on cash: 2.7% Traditional cash on cash: 7.7% Airbnb Rental Income: $1110 Traditional Rental Income: $1477 Airbnb ROI: 2.7% Traditional ROI: 7.7%
1180 Cranberry Pike Lot : 13 East Tawas, MI 1180 Cranberry Pike Lot : 13, East Tawas, MI 48730 \| Single Family Residential	2 beds \| 1 baths \| 672 sq.ft.	$155,000	Airbnb cash on cash: 1.83% Traditional cash on cash: 4.94% Airbnb Rental Income: $1110 Traditional Rental Income: $1197 Airbnb ROI: 1.83% Traditional ROI: 4.94%
713 W Lincoln Lot : 13 East Tawas, MI 713 W Lincoln Lot : 13, East Tawas, MI 48730 \| Single Family Residential	3 beds \| 2 baths \| 1,606 sq.ft.	$285,000	Airbnb cash on cash: 1.55% Traditional cash on cash: 5.5% Airbnb Rental Income: $1649 Traditional Rental Income: $2247 Airbnb ROI: 1.55% Traditional ROI: 5.5%
707 Sawyer East Tawas, MI Move-in ready 3-bedroom, 2-bath home offering 1,548 sq ft of comfortable living space in a...	3 beds \| 2 baths \| 1,548 sq.ft.	$224,900	Airbnb cash on cash: 2.61% Traditional cash on cash: 8.21% Airbnb Rental Income: $1649 Traditional Rental Income: $2378 Airbnb ROI: 2.61% Traditional ROI: 8.21%
707 Sawyer St East Tawas, MI 707 Sawyer St, East Tawas, MI 48730 \| Single Family Residential	3 beds \| 2 baths \| 1,548 sq.ft.	$227,900	Airbnb cash on cash: 2.55% Traditional cash on cash: 7.64% Airbnb Rental Income: $1649 Traditional Rental Income: $2282 Airbnb ROI: 2.55% Traditional ROI: 7.64%
575 Rainbow Drive East Tawas, MI Get ready for up north, lake front living, surrounded by nature! This cozy home contains 2...	2 beds \| 2 baths \| 1,248 sq.ft.	$284,900	Airbnb cash on cash: 0.61% Traditional cash on cash: 6% Airbnb Rental Income: $1110 Traditional Rental Income: $2181 Airbnb ROI: 0.61% Traditional ROI: 6%
514 Tawas St East Tawas, MI Walk to downtown East Tawas from this great location and enjoy shopping and dining nearby!...	3 beds \| 2 baths \| 1,624 sq.ft.	$250,000	Airbnb cash on cash: 2.68% Traditional cash on cash: 7.72% Airbnb Rental Income: $1649 Traditional Rental Income: $2376 Airbnb ROI: 2.68% Traditional ROI: 7.72%
1095 E Lincoln St East Tawas, MI A UNIQUE OPPORTUNITY to own a BEAUTIFUL 3.6 acres in the city limits of EAST TAWAS!! This ...	4 beds \| 3 baths \| 1,837 sq.ft.	$499,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.54% Airbnb Rental Income: $null Traditional Rental Income: $3114 Airbnb ROI: N/A Traditional ROI: 4.54%
3644 Crescent Drive East Tawas, MI One thing always holds true in real estate and that is Location, Location, Location. Just ...	2 beds \| 1 baths \| 864 sq.ft.	$228,000	Airbnb cash on cash: 1.52% Traditional cash on cash: 5.46% Airbnb Rental Income: $1110 Traditional Rental Income: $1585 Airbnb ROI: 1.52% Traditional ROI: 5.46%
000 Scott Rd East Tawas, MI 000 Scott Rd, East Tawas, MI 48730 \| Other	N/A beds \| N/A baths \| N/A	$168,500	Airbnb cash on cash: N/A Traditional cash on cash: 2.69% Airbnb Rental Income: $null Traditional Rental Income: $929 Airbnb ROI: N/A Traditional ROI: 2.69%
1161 Forest Lot : 14, 15 East Tawas, MI 1161 Forest Lot : 14, 15, East Tawas, MI 48730 \| Single Family Residential	3 beds \| 1 baths \| 1,578 sq.ft.	$234,900	Airbnb cash on cash: 2.4% Traditional cash on cash: 5.47% Airbnb Rental Income: $1649 Traditional Rental Income: $1868 Airbnb ROI: 2.4% Traditional ROI: 5.47%
1161 Forest East Tawas, MI Completely remodeled three bedroom home with a view of Lake Huron. Located just a few mile...	3 beds \| 1 baths \| 1,578 sq.ft.	$234,900	Airbnb cash on cash: 2.62% Traditional cash on cash: 5.69% Airbnb Rental Income: $1649 Traditional Rental Income: $1868 Airbnb ROI: 2.62% Traditional ROI: 5.69%
481 Baldwin Resort Road East Tawas, MI New offering on Baldwin Resort Road. This 2 bedroom 1 1/2 bath home is ready for some upda...	2 beds \| 2 baths \| 1,116 sq.ft.	$169,900	Airbnb cash on cash: 2.14% Traditional cash on cash: 10.7% Airbnb Rental Income: $1110 Traditional Rental Income: $2122 Airbnb ROI: 2.14% Traditional ROI: 10.7%
2424 Winona St East Tawas, MI A LOVELY LAKE HURON VIEW can be enjoyed from the covered front porch and while you're dini...	3 beds \| 2 baths \| 1,512 sq.ft.	$229,900	Airbnb cash on cash: 3.4% Traditional cash on cash: 10.31% Airbnb Rental Income: $1649 Traditional Rental Income: $2688 Airbnb ROI: 3.4% Traditional ROI: 10.31%
516 Locke St East Tawas, MI This is the one you have been looking for. This extremely well-maintained ranch home is wi...	3 beds \| 2 baths \| 1,392 sq.ft.	$279,000	Airbnb cash on cash: 2.51% Traditional cash on cash: 6.75% Airbnb Rental Income: $1649 Traditional Rental Income: $2301 Airbnb ROI: 2.51% Traditional ROI: 6.75%
107 Adams St East Tawas, MI 107 Adams St, East Tawas, MI 48730 \| Single Family Residential	5 beds \| 2 baths \| 1,885 sq.ft.	$199,900	Airbnb cash on cash: N/A Traditional cash on cash: 10.86% Airbnb Rental Income: $null Traditional Rental Income: $2632 Airbnb ROI: N/A Traditional ROI: 10.86%
211 W State Street East Tawas, MI Rare Opportunity with Land Contract Terms - Only 20% Down for Qualified Buyers! Built in t...	N/A beds \| 6 baths \| 3,700 sq.ft.	$399,000	Airbnb cash on cash: N/A Traditional cash on cash: 2.48% Airbnb Rental Income: $null Traditional Rental Income: $1777 Airbnb ROI: N/A Traditional ROI: 2.48%
126 Baldwin Resort Rd East Tawas, MI Welcome to 126 Baldwin Resort Road, East Tawas, Michigan -- a rare waterfront opportunity ...	4 beds \| 2 baths \| 2,540 sq.ft.	$769,999	Airbnb cash on cash: N/A Traditional cash on cash: 2.27% Airbnb Rental Income: $null Traditional Rental Income: $3011 Airbnb ROI: N/A Traditional ROI: 2.27%

Real Estate investment in East-tawas, MI

There are 53 properties for sale in the city of East Tawas . The median list price in East Tawas is $162,403 and the average price per square foot is $108. In August 2026, the average monthly cash on cash return in East Tawas is 6.00%. The average monthly rental income in East Tawas is $1,812.

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

There are 53 investment properties available for sale in East-tawas.

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

The ROI for Long-Term is higher than the Short-Term in East-tawas with average rental income of $1,812.

Your search for investment property begins and ends here

Investment Property for Sale in East Tawas, MI

881 Geller Court

East Tawas, MI

3 beds | 2 baths | 1,480 sq.ft.

$234,900

Airbnb cash on cash: 3.17%

Traditional cash on cash: 5.33%

Airbnb Rental Income: $1649

Traditional Rental Income: $1665

Airbnb ROI: 3.17%

Traditional ROI: 5.33%

1025 E Lincoln

East Tawas, MI

2 beds | 2 baths | 1,176 sq.ft.

$189,900

Airbnb cash on cash: 0.06%

Traditional cash on cash: 6.66%

Airbnb Rental Income: $1110

Traditional Rental Income: $1926

Airbnb ROI: 0.06%

Traditional ROI: 6.66%

1012 Owosso St

East Tawas, MI

3 beds | 1 baths | 1,008 sq.ft.

$214,900

Airbnb cash on cash: 3.66%

Traditional cash on cash: 4.47%

Airbnb Rental Income: $1649

Traditional Rental Income: $1350

Airbnb ROI: 3.66%

Traditional ROI: 4.47%

22 S Baldwin Resort Rd

East Tawas, MI

3 beds | 2 baths | 1,149 sq.ft.

$299,000

Airbnb cash on cash: 1.16%

Traditional cash on cash: 4.39%

Airbnb Rental Income: $1649

Traditional Rental Income: $2093

Airbnb ROI: 1.16%

Traditional ROI: 4.39%

510 Janet St

East Tawas, MI

3 beds | 2 baths | 1,798 sq.ft.

$359,900

Airbnb cash on cash: 2%

Traditional cash on cash: 5.42%

Airbnb Rental Income: $1649

Traditional Rental Income: $2338

Airbnb ROI: 2%

Traditional ROI: 5.42%

713 W Lincoln St

East Tawas, MI

3 beds | 2 baths | 1,606 sq.ft.

$285,000

Airbnb cash on cash: 1.93%

Traditional cash on cash: 6.56%

Airbnb Rental Income: $1649

Traditional Rental Income: $2427

Airbnb ROI: 1.93%

Traditional ROI: 6.56%

1035 Cranberry Pike

East Tawas, MI

2 beds | 1 baths | 1,010 sq.ft.

$245,000

Airbnb cash on cash: 0.96%

Traditional cash on cash: 5.41%

Airbnb Rental Income: $1110

Traditional Rental Income: $1766

Airbnb ROI: 0.96%

Traditional ROI: 5.41%

1008 Clifford St

East Tawas, MI

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

$169,000

Airbnb cash on cash: 4.86%

Traditional cash on cash: 4.58%

Airbnb Rental Income: $1649

Traditional Rental Income: $1140

Airbnb ROI: 4.86%