Real Estate Investment Properties for Sale in Grand Rapids, MI

Looking for investment property in Grand Rapids, MI with high ROI ?

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

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
600 Monroe Avenue NW unit: 406 #406 Grand Rapids, MI Penthouse Perfection at Monroe Terrace! Experience downtown living at its finest in this s...	3 beds \| 3 baths \| 2,355 sq.ft.	$865,000	Airbnb cash on cash: N/A Traditional cash on cash: 0.33% Airbnb Rental Income: $null Traditional Rental Income: $2838 Airbnb ROI: N/A Traditional ROI: 0.33%
64 Quimby Street NE Grand Rapids, MI Land Contract/Seller Financing Available This Beautifully Fully Renovated 4 Bedroom, 1 Bat...	4 beds \| 1 baths \| 1,356 sq.ft.	$195,000	Airbnb cash on cash: N/A Traditional cash on cash: 6.33% Airbnb Rental Income: $null Traditional Rental Income: $1739 Airbnb ROI: N/A Traditional ROI: 6.33%
335 Bridge Street NW unit: 3102 #3102 Grand Rapids, MI Set high above the city, this 4,100+ square foot penthouse offers sweeping panoramic skyli...	3 beds \| 3 baths \| 4,135 sq.ft.	$1,949,000	Airbnb cash on cash: N/A Traditional cash on cash: -2.41% Airbnb Rental Income: $null Traditional Rental Income: $3429 Airbnb ROI: N/A Traditional ROI: -2.41%
543 Shirley Street NE Grand Rapids, MI 4 bedroom, 1.5 bath home on the Northeast side is on the market! The main floor has hardwo...	4 beds \| 2 baths \| 1,675 sq.ft.	$235,000	Airbnb cash on cash: N/A Traditional cash on cash: 6.63% Airbnb Rental Income: $null Traditional Rental Income: $2113 Airbnb ROI: N/A Traditional ROI: 6.63%
545 52nd Street SE Grand Rapids, MI Discover comfort and convenience at 545 52nd Street SE in Kentwood! This beautifully maint...	3 beds \| 1 baths \| 1,560 sq.ft.	$274,900	Airbnb cash on cash: N/A Traditional cash on cash: 4.43% Airbnb Rental Income: $null Traditional Rental Income: $1916 Airbnb ROI: N/A Traditional ROI: 4.43%
1133 Merrifield Street SE Grand Rapids, MI Welcome to this charming, move-in-ready home in the heart of Alger Heights. Enjoy walkable...	2 beds \| 1 baths \| 800 sq.ft.	$215,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.31% Airbnb Rental Income: $null Traditional Rental Income: $1594 Airbnb ROI: N/A Traditional ROI: 5.31%
1160 Farnsworth Avenue SE Grand Rapids, MI A favorable combination of circumstance have come together to live in this sought-after Ca...	3 beds \| 2 baths \| 1,829 sq.ft.	$400,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.42% Airbnb Rental Income: $null Traditional Rental Income: $2308 Airbnb ROI: N/A Traditional ROI: 3.42%
5550 Coit Avenue NE Grand Rapids, MI This 3bedroom home is in the Northview School District. It is also convenient to shopping ...	3 beds \| 2 baths \| 1,512 sq.ft.	$370,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.21% Airbnb Rental Income: $null Traditional Rental Income: $2199 Airbnb ROI: N/A Traditional ROI: 4.21%
1613 Margaret Avenue SE Grand Rapids, MI Welcome home! Step inside to find gorgeous hardwood floors and ceramic tile, offering a sp...	3 beds \| 2 baths \| 1,919 sq.ft.	$305,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.27% Airbnb Rental Income: $null Traditional Rental Income: $2247 Airbnb ROI: N/A Traditional ROI: 5.27%
615 Griggs Street SE Grand Rapids, MI Fall in love with this updated home that perfectly blends comfort and style! Enjoy quiet e...	3 beds \| 1 baths \| 1,225 sq.ft.	$210,000	Airbnb cash on cash: N/A Traditional cash on cash: 6.26% Airbnb Rental Income: $null Traditional Rental Income: $1752 Airbnb ROI: N/A Traditional ROI: 6.26%
1824 Sherman Street SE Grand Rapids, MI Welcome to 1824 Sherman! This beautifully updated home is perfectly located in East Grand ...	3 beds \| 3 baths \| 2,404 sq.ft.	$1,057,000	Airbnb cash on cash: N/A Traditional cash on cash: 0.21% Airbnb Rental Income: $null Traditional Rental Income: $2831 Airbnb ROI: N/A Traditional ROI: 0.21%
1536 Lillyview Court SW Grand Rapids, MI This is the one you've been waiting for! Well maintained, well laid out, and move in ready...	4 beds \| 4 baths \| 2,380 sq.ft.	$409,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.33% Airbnb Rental Income: $null Traditional Rental Income: $2281 Airbnb ROI: N/A Traditional ROI: 3.33%
2715 Eastern Avenue SE Grand Rapids, MI Charming and conveniently located, 2715 Eastern Ave SE offers comfortable, move-in ready l...	3 beds \| 1 baths \| 1,905 sq.ft.	$269,900	Airbnb cash on cash: N/A Traditional cash on cash: 4.32% Airbnb Rental Income: $null Traditional Rental Income: $1824 Airbnb ROI: N/A Traditional ROI: 4.32%
1006 Merritt Street SE Grand Rapids, MI Don't miss this move-in ready home in a highly desirable Grand Rapids neighborhood! Conven...	3 beds \| 2 baths \| 1,440 sq.ft.	$253,000	Airbnb cash on cash: N/A Traditional cash on cash: 6.26% Airbnb Rental Income: $null Traditional Rental Income: $2067 Airbnb ROI: N/A Traditional ROI: 6.26%
1047 Ellsmere Street NE Grand Rapids, MI Welcome to a charming 3 bedroom, 2 bathroom, ranch style home in the desirable Creston nei...	3 beds \| 2 baths \| 1,510 sq.ft.	$299,900	Airbnb cash on cash: N/A Traditional cash on cash: 5.23% Airbnb Rental Income: $null Traditional Rental Income: $2126 Airbnb ROI: N/A Traditional ROI: 5.23%
809 Everglade Dr SE Grand Rapids, MI THNIK SPRING! Charming brick Cape Cod located in Alger Heights a most sought after neighbo...	4 beds \| 2 baths \| 2,281 sq.ft.	$349,900	Airbnb cash on cash: N/A Traditional cash on cash: 5.11% Airbnb Rental Income: $null Traditional Rental Income: $2670 Airbnb ROI: N/A Traditional ROI: 5.11%
872 Sunrise Lane NW Grand Rapids, MI Stylishly updated with contemporary flair. 4 Bedroom, 3 1/2 bath walkout in Kenowa Hills S...	4 beds \| 4 baths \| 2,472 sq.ft.	$495,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.58% Airbnb Rental Income: $null Traditional Rental Income: $3105 Airbnb ROI: N/A Traditional ROI: 4.58%
2018 Duiker Ave NE Grand Rapids, MI Do not let this opportunity pass you by! This home is situation in a prime location locate...	3 beds \| 1 baths \| 1,401 sq.ft.	$315,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.39% Airbnb Rental Income: $null Traditional Rental Income: $2203 Airbnb ROI: N/A Traditional ROI: 5.39%
27 Library Street NE unit: #702 #702 Grand Rapids, MI Step into Unit #702 at the iconic Fitzgerald-where city living meets style and comfort. Pe...	2 beds \| 2 baths \| 1,124 sq.ft.	$489,900	Airbnb cash on cash: N/A Traditional cash on cash: 0% Airbnb Rental Income: $null Traditional Rental Income: $1798 Airbnb ROI: N/A Traditional ROI: 0%
245 BONA VISTA DRIVE NW Grand Rapids, MI Great value in exchange for a few fixes! This condo is rare with the nice wooded backdrop...	3 beds \| 2 baths \| 1,686 sq.ft.	$199,900	Airbnb cash on cash: N/A Traditional cash on cash: 9.39% Airbnb Rental Income: $null Traditional Rental Income: $2170 Airbnb ROI: N/A Traditional ROI: 9.39%
1160 60th St SE Grand Rapids, MI estate property sold as is. needs some cosmetics. good space ' ranc style close to shoppin...	3 beds \| 2 baths \| 1,459 sq.ft.	$249,900	Airbnb cash on cash: N/A Traditional cash on cash: 6.39% Airbnb Rental Income: $null Traditional Rental Income: $2083 Airbnb ROI: N/A Traditional ROI: 6.39%
2514 Hall St SE Grand Rapids, MI Welcome to 2514 Hall. Located in one of East Grand Rapids' most walkable neighborhoods, th...	4 beds \| 3 baths \| 3,635 sq.ft.	$1,095,000	Airbnb cash on cash: -2.34% Traditional cash on cash: -0.81% Airbnb Rental Income: $1057 Traditional Rental Income: $2249 Airbnb ROI: -2.34% Traditional ROI: -0.81%
714 Alexander Street SE Grand Rapids, MI Introducing this beautifully remodeled 3 bedroom, 1-bathroom home, where modern elegance m...	3 beds \| 1 baths \| 1,134 sq.ft.	$199,900	Airbnb cash on cash: N/A Traditional cash on cash: 5.62% Airbnb Rental Income: $null Traditional Rental Income: $1491 Airbnb ROI: N/A Traditional ROI: 5.62%
400 Newberg Avenue NW Grand Rapids, MI Nestled just off Lake Michigan Drive in the heart of Grand Rapids, this inviting 3-bedroom...	3 beds \| 2 baths \| 1,056 sq.ft.	$299,900	Airbnb cash on cash: N/A Traditional cash on cash: 5.27% Airbnb Rental Income: $null Traditional Rental Income: $2256 Airbnb ROI: N/A Traditional ROI: 5.27%
8214 48TH Street SE Grand Rapids, MI Welcome to 8214 48th Street, Located In The Forest Hills School District! This stunning 5-...	5 beds \| 4 baths \| 2,058 sq.ft.	$599,999	Airbnb cash on cash: N/A Traditional cash on cash: 3.46% Airbnb Rental Income: $null Traditional Rental Income: $3219 Airbnb ROI: N/A Traditional ROI: 3.46%
1753 Preston Avenue NW Grand Rapids, MI Enjoy this darling home located on the NW side! Fresh paint throughout, newer flooring in ...	2 beds \| 1 baths \| 820 sq.ft.	$215,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.82% Airbnb Rental Income: $null Traditional Rental Income: $1433 Airbnb ROI: N/A Traditional ROI: 4.82%
614 Sheldon Ave SE Grand Rapids, MI Beautiful Dutch Colonial within walking distance to downtown and GR Market and steps outsi...	3 beds \| 2 baths \| 1,378 sq.ft.	$229,000	Airbnb cash on cash: N/A Traditional cash on cash: 6.86% Airbnb Rental Income: $null Traditional Rental Income: $1979 Airbnb ROI: N/A Traditional ROI: 6.86%
529 Fountain Street NE Grand Rapids, MI This Heritage Hill wonder abounds with stunning historic character, and tastefully integra...	3 beds \| 4 baths \| 3,338 sq.ft.	$750,000	Airbnb cash on cash: N/A Traditional cash on cash: 2.73% Airbnb Rental Income: $null Traditional Rental Income: $3596 Airbnb ROI: N/A Traditional ROI: 2.73%
52 Holly Street SW Grand Rapids, MI Presenting a beautifully maintained home offering 5 bedrooms, 2 bathrooms, a 3-season porc...	5 beds \| 2 baths \| 1,732 sq.ft.	$294,900	Airbnb cash on cash: N/A Traditional cash on cash: 2.97% Airbnb Rental Income: $null Traditional Rental Income: $1789 Airbnb ROI: N/A Traditional ROI: 2.97%
44 Lafayette Avenue NE unit: 6 #6 Grand Rapids, MI Welcome home to this one of a kind condo located in Heritage Hill! This unit has been fini...	2 beds \| 1 baths \| 1,520 sq.ft.	$200,000	Airbnb cash on cash: N/A Traditional cash on cash: 2.4% Airbnb Rental Income: $null Traditional Rental Income: $1361 Airbnb ROI: N/A Traditional ROI: 2.4%
1728 Kalamazoo Avenue SE Grand Rapids, MI Don't miss this opportunity to own a standout property in an awesome location near the exc...	3 beds \| 2 baths \| 1,440 sq.ft.	$220,000	Airbnb cash on cash: N/A Traditional cash on cash: 7.44% Airbnb Rental Income: $null Traditional Rental Income: $2079 Airbnb ROI: N/A Traditional ROI: 7.44%
2420 Hylane Court NE Grand Rapids, MI OPEN HOUSE CLOSED DUE TO WEATHER. Welcome to your private lakeside retreat in the sought-a...	3 beds \| 3 baths \| 3,209 sq.ft.	$857,000	Airbnb cash on cash: N/A Traditional cash on cash: 1.8% Airbnb Rental Income: $null Traditional Rental Income: $3030 Airbnb ROI: N/A Traditional ROI: 1.8%
117 Houseman Avenue NE Grand Rapids, MI Welcome to 117 Houseman Ave! This 3 bed 2 bath home has been updated and is move in ready!...	3 beds \| 2 baths \| 1,297 sq.ft.	$319,900	Airbnb cash on cash: N/A Traditional cash on cash: 4.35% Airbnb Rental Income: $null Traditional Rental Income: $1951 Airbnb ROI: N/A Traditional ROI: 4.35%
861 Aberdeen Street NE Grand Rapids, MI Back on Market - No fault of sellers. Discover timeless charm and modern convenience in th...	2 beds \| 1 baths \| 1,302 sq.ft.	$242,700	Airbnb cash on cash: N/A Traditional cash on cash: 4.04% Airbnb Rental Income: $null Traditional Rental Income: $1519 Airbnb ROI: N/A Traditional ROI: 4.04%
3195 Nature View Drive SE Grand Rapids, MI Welcome to 3195 Nature View! Exceptional multi level home located in the Jefferson Farms S...	4 beds \| 2 baths \| 1,798 sq.ft.	$375,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.99% Airbnb Rental Income: $null Traditional Rental Income: $2313 Airbnb ROI: N/A Traditional ROI: 3.99%
1050 Lafayette Avenue SE Grand Rapids, MI Move-in ready and fully renovated, this charming 4-bedroom, 1.5-bath home blends classic e...	4 beds \| 2 baths \| 1,317 sq.ft.	$217,500	Airbnb cash on cash: N/A Traditional cash on cash: 8.31% Airbnb Rental Income: $null Traditional Rental Income: $2192 Airbnb ROI: N/A Traditional ROI: 8.31%
911 Malta Street NE Grand Rapids, MI This well-maintained 3-bedroom, 1-bath home offers comfort, convenience, and important upd...	3 beds \| 1 baths \| 1,056 sq.ft.	$239,900	Airbnb cash on cash: N/A Traditional cash on cash: 4.32% Airbnb Rental Income: $null Traditional Rental Income: $1479 Airbnb ROI: N/A Traditional ROI: 4.32%

Real Estate investment in Grand-rapids, MI

There are 636 properties for sale in the city of Grand Rapids . The median list price in Grand Rapids is $319,900 and the average price per square foot is $181. In February 2026, the average monthly cash on cash return in Grand Rapids is 4.00%. The average monthly rental income in Grand Rapids is $2,203.

Grand-rapids, MI Real Estate Investing: FAQs for Buyers, Sellers and Investors

There are 636 investment properties available for sale in Grand-rapids.

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

The ROI for Long-Term is higher than the Short-Term in Grand-rapids with average rental income of $2,203.

Your search for investment property begins and ends here

Investment Property for Sale in Grand Rapids, MI

600 Monroe Avenue NW unit: 406 #406

Grand Rapids, MI

3 beds | 3 baths | 2,355 sq.ft.

$865,000

Airbnb cash on cash: N/A

Traditional cash on cash: 0.33%

Airbnb Rental Income: $null

Traditional Rental Income: $2838

Airbnb ROI: N/A

Traditional ROI: 0.33%

64 Quimby Street NE

Grand Rapids, MI

4 beds | 1 baths | 1,356 sq.ft.

$195,000

Airbnb cash on cash: N/A

Traditional cash on cash: 6.33%

Airbnb Rental Income: $null

Traditional Rental Income: $1739

Airbnb ROI: N/A

Traditional ROI: 6.33%

335 Bridge Street NW unit: 3102 #3102

Grand Rapids, MI

3 beds | 3 baths | 4,135 sq.ft.

$1,949,000

Airbnb cash on cash: N/A

Traditional cash on cash: -2.41%

Airbnb Rental Income: $null

Traditional Rental Income: $3429

Airbnb ROI: N/A

Traditional ROI: -2.41%

543 Shirley Street NE

Grand Rapids, MI

4 beds | 2 baths | 1,675 sq.ft.

$235,000

Airbnb cash on cash: N/A

Traditional cash on cash: 6.63%

Airbnb Rental Income: $null

Traditional Rental Income: $2113

Airbnb ROI: N/A

Traditional ROI: 6.63%

545 52nd Street SE

Grand Rapids, MI

3 beds | 1 baths | 1,560 sq.ft.

$274,900

Airbnb cash on cash: N/A

Traditional cash on cash: 4.43%

Airbnb Rental Income: $null

Traditional Rental Income: $1916

Airbnb ROI: N/A

Traditional ROI: 4.43%

1133 Merrifield Street SE

Grand Rapids, MI

2 beds | 1 baths | 800 sq.ft.

$215,000

Airbnb cash on cash: N/A

Traditional cash on cash: 5.31%

Airbnb Rental Income: $null

Traditional Rental Income: $1594

Airbnb ROI: N/A

Traditional ROI: 5.31%

1160 Farnsworth Avenue SE

Grand Rapids, MI

3 beds | 2 baths | 1,829 sq.ft.

$400,000

Airbnb cash on cash: N/A

Traditional cash on cash: 3.42%

Airbnb Rental Income: $null

Traditional Rental Income: $2308

Airbnb ROI: N/A

Traditional ROI: 3.42%

5550 Coit Avenue NE

Grand Rapids, MI

3 beds | 2 baths | 1,512 sq.ft.

$370,000

Airbnb cash on cash: N/A

Traditional cash on cash: 4.21%

Airbnb Rental Income: $null

Traditional Rental Income: $2199

Airbnb ROI: N/A