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

separator

PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
940 Monroe Avenue NW unit: 549 #549 Grand Rapids, MI Welcome to the top floor at Boardwalk Condo's - easy and convenient living at its finest! ...	2 beds \| 2 baths \| 1,315 sq.ft.	$355,000	Airbnb cash on cash: -2.17% Traditional cash on cash: 1.84% Airbnb Rental Income: $1465 Traditional Rental Income: $2368 Airbnb ROI: -2.17% Traditional ROI: 1.84%
600 Monroe Avenue NW unit: 409 #409 Grand Rapids, MI Modern Top-Floor Loft in Prime Downtown Grand Rapids Location Welcome to this stunning top...	1 beds \| 2 baths \| 1,110 sq.ft.	$299,900	Airbnb cash on cash: -2.2% Traditional cash on cash: 1.04% Airbnb Rental Income: $1199 Traditional Rental Income: $1724 Airbnb ROI: -2.2% Traditional ROI: 1.04%
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: -1.67% Traditional cash on cash: 0.33% Airbnb Rental Income: $1695 Traditional Rental Income: $2838 Airbnb ROI: -1.67% Traditional ROI: 0.33%
1217 El Camino Drive NW Grand Rapids, MI Step into a home where artistry meets everyday comfort. Professionally curated by an inter...	4 beds \| N/A baths \| 5,102 sq.ft.	$799,900	Airbnb cash on cash: 0.38% Traditional cash on cash: 5.19% Airbnb Rental Income: $2298 Traditional Rental Income: $5313 Airbnb ROI: 0.38% Traditional ROI: 5.19%
811 Fairmount Street SE Grand Rapids, MI New Price! $374,900 - Updated East Hills Gem Near Wealthy Street Welcome to 811 Fairmount ...	4 beds \| 2 baths \| 2,159 sq.ft.	$374,900	Airbnb cash on cash: 3.36% Traditional cash on cash: 4.57% Airbnb Rental Income: $2575 Traditional Rental Income: $2382 Airbnb ROI: 3.36% Traditional ROI: 4.57%
1009 Adams Street SE Grand Rapids, MI Great starter home with 3 bedrooms, it has a main floor Primary with 2 bedrooms upstairs. ...	3 beds \| N/A baths \| 1,150 sq.ft.	$175,000	Airbnb cash on cash: 4.54% Traditional cash on cash: 9.51% Airbnb Rental Income: $1605 Traditional Rental Income: $1977 Airbnb ROI: 4.54% Traditional ROI: 9.51%
64 Quimby Street NE Grand Rapids, MI Fantastic opportunity for investors or first-time homebuyers! Conveniently located near do...	4 beds \| 1 baths \| 1,356 sq.ft.	$208,900	Airbnb cash on cash: 8.13% Traditional cash on cash: 6.28% Airbnb Rental Income: $2753 Traditional Rental Income: $1739 Airbnb ROI: 8.13% Traditional ROI: 6.28%
607 66th Street SE Grand Rapids, MI Tucked away on a rare 1-acre city lot, this home offers space, privacy, and versatility. T...	3 beds \| N/A baths \| 1,228 sq.ft.	$299,999	Airbnb cash on cash: 1.01% Traditional cash on cash: 5.15% Airbnb Rental Income: $1395 Traditional Rental Income: $2141 Airbnb ROI: 1.01% Traditional ROI: 5.15%
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.	$1,999,000	Airbnb cash on cash: -3.57% Traditional cash on cash: -2.37% Airbnb Rental Income: $1684 Traditional Rental Income: $3429 Airbnb ROI: -3.57% Traditional ROI: -2.37%
2313 4 Mile Road NE Grand Rapids, MI Modern comfort meets wooded tranquility. Nestled on a half-acre in Grand Rapids Township, ...	5 beds \| N/A baths \| 2,900 sq.ft.	$625,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.32% Airbnb Rental Income: $null Traditional Rental Income: $3678 Airbnb ROI: N/A Traditional ROI: 4.32%
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 \| N/A baths \| 1,675 sq.ft.	$249,900	Airbnb cash on cash: 5.67% Traditional cash on cash: 6.18% Airbnb Rental Income: $2618 Traditional Rental Income: $2113 Airbnb ROI: 5.67% Traditional ROI: 6.18%
1169 3rd Street NW Grand Rapids, MI Nicely updated 2 story situated on a quiet street in NW Grand Rapids. Great for a rental o...	2 beds \| 1 baths \| 970 sq.ft.	$229,900	Airbnb cash on cash: 2.84% Traditional cash on cash: 5.81% Airbnb Rental Income: $1692 Traditional Rental Income: $1868 Airbnb ROI: 2.84% Traditional ROI: 5.81%
706 Shawmut Boulevard NW Grand Rapids, MI Westside Bestside! Welcome to 706 Shawmut Blvd NW. Nestled in the highly sought-after Shaw...	3 beds \| 2 baths \| 2,213 sq.ft.	$329,900	Airbnb cash on cash: 3.38% Traditional cash on cash: 6.21% Airbnb Rental Income: $2350 Traditional Rental Income: $2648 Airbnb ROI: 3.38% Traditional ROI: 6.21%
2905 Woodside Avenue SE Grand Rapids, MI Discover this modern city retreat tucked on a quiet cul-de-sac in Grand Rapids! Built in 2...	5 beds \| N/A baths \| 3,791 sq.ft.	$559,900	Airbnb cash on cash: 3.99% Traditional cash on cash: N/A Airbnb Rental Income: $4323 Traditional Rental Income: $0 Airbnb ROI: 3.99% Traditional ROI: N/A
262 Gracewood Drive SE Grand Rapids, MI East Grand Rapids 4 bed, 4.5 bath located on picturesque Gracewood Drive on a stunning pri...	4 beds \| N/A baths \| 3,069 sq.ft.	$1,250,000	Airbnb cash on cash: N/A Traditional cash on cash: -0.51% Airbnb Rental Income: $null Traditional Rental Income: $2265 Airbnb ROI: N/A Traditional ROI: -0.51%
940 Monroe Avenue NW unit: 206 #206 Grand Rapids, MI Welcome to Boardwalk Condos! This spacious loft offers two large bedroom suites with expos...	2 beds \| 1 baths \| 1,164 sq.ft.	$339,900	Airbnb cash on cash: -1.39% Traditional cash on cash: 0.09% Airbnb Rental Income: $1465 Traditional Rental Income: $1503 Airbnb ROI: -1.39% Traditional ROI: 0.09%
2033 Melita Avenue NE Grand Rapids, MI Beautiful 3 bedroom ranch with attached garage and fenced in back yard with slider access ...	3 beds \| 2 baths \| 1,427 sq.ft.	$250,000	Airbnb cash on cash: 0.25% Traditional cash on cash: 6.48% Airbnb Rental Income: $962 Traditional Rental Income: $2083 Airbnb ROI: 0.25% Traditional ROI: 6.48%
1613 Margaret Avenue SE Grand Rapids, MI Welcome home! Step inside to find gorgeous hardwood floors and ceramic tile, offering a sp...	3 beds \| N/A baths \| 1,919 sq.ft.	$312,000	Airbnb cash on cash: 1.39% Traditional cash on cash: 5.14% Airbnb Rental Income: $1605 Traditional Rental Income: $2247 Airbnb ROI: 1.39% Traditional ROI: 5.14%
4287 4 Mile Road NE Grand Rapids, MI Welcome to this custom-built, 4-bedroom, 3-full bath home on 1.88 acres. Nestled on a quie...	4 beds \| 3 baths \| 3,054 sq.ft.	$574,900	Airbnb cash on cash: N/A Traditional cash on cash: 4.01% Airbnb Rental Income: $null Traditional Rental Income: $3472 Airbnb ROI: N/A Traditional ROI: 4.01%
145 Baynton Avenue NE Grand Rapids, MI Welcome home to this beautiful Fulton Heights gem featuring charming hardwood floors throu...	3 beds \| N/A baths \| 1,431 sq.ft.	$409,900	Airbnb cash on cash: 0.43% Traditional cash on cash: 2.64% Airbnb Rental Income: $1482 Traditional Rental Income: $1893 Airbnb ROI: 0.43% Traditional ROI: 2.64%
95 Cummings Avenue SW Grand Rapids, MI Welcome home to this charming 3 bedroom, 2 full bathroom home located on a beautiful 1-acr...	3 beds \| 2 baths \| 1,623 sq.ft.	$334,900	Airbnb cash on cash: 3.53% Traditional cash on cash: 5.44% Airbnb Rental Income: $2350 Traditional Rental Income: $2371 Airbnb ROI: 3.53% Traditional ROI: 5.44%
3518 Sunrise Lane NW Grand Rapids, MI Welcome to 3518 Sunrise Lane - a custom-built 4 bed, 3.5 bath home tucked on a quiet cul-d...	4 beds \| N/A baths \| 3,210 sq.ft.	$549,900	Airbnb cash on cash: 1.31% Traditional cash on cash: 2.5% Airbnb Rental Income: $2298 Traditional Rental Income: $2338 Airbnb ROI: 1.31% Traditional ROI: 2.5%
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 \| N/A baths \| 1,753 sq.ft.	$264,900	Airbnb cash on cash: -0.12% Traditional cash on cash: 5.94% Airbnb Rental Income: $889 Traditional Rental Income: $2067 Airbnb ROI: -0.12% Traditional ROI: 5.94%
1649 Carlton Avenue NE Grand Rapids, MI Move-In Ready Mid-Century Ranch with Backyard Oasis! Have you been searching for a home th...	3 beds \| N/A baths \| 1,842 sq.ft.	$379,900	Airbnb cash on cash: 1.54% Traditional cash on cash: 4.87% Airbnb Rental Income: $1756 Traditional Rental Income: $2462 Airbnb ROI: 1.54% Traditional ROI: 4.87%
1419 Pickett Street SE Grand Rapids, MI Beautifully maintained 4 bed, 3 bath home filled with natural light and gleaming hardwood ...	4 beds \| 3 baths \| 2,676 sq.ft.	$325,000	Airbnb cash on cash: N/A Traditional cash on cash: 8.77% Airbnb Rental Income: $null Traditional Rental Income: $3354 Airbnb ROI: N/A Traditional ROI: 8.77%
809 Everglade Drive SE Grand Rapids, MI Welcome Home to this charming brick Cape Cod located in Alger Heights a most sought-after ...	4 beds \| 2 baths \| 2,281 sq.ft.	$374,900	Airbnb cash on cash: N/A Traditional cash on cash: 4.71% Airbnb Rental Income: $null Traditional Rental Income: $2670 Airbnb ROI: N/A Traditional ROI: 4.71%
2155 Tremont Boulevard NW Grand Rapids, MI Welcome to this beautiful ranch home full of curb appeal! Step inside to a bright and welc...	3 beds \| 2 baths \| 1,875 sq.ft.	$329,900	Airbnb cash on cash: 2.97% Traditional cash on cash: 5.26% Airbnb Rental Income: $2350 Traditional Rental Income: $2478 Airbnb ROI: 2.97% Traditional ROI: 5.26%
1641 Thornapple River Drive SE Grand Rapids, MI LOOK NO FURTHER! Nestled in a peaceful, serene setting, this modern farmhouse style home f...	4 beds \| N/A baths \| 4,061 sq.ft.	$1,325,000	Airbnb cash on cash: N/A Traditional cash on cash: 1% Airbnb Rental Income: $null Traditional Rental Income: $3841 Airbnb ROI: N/A Traditional ROI: 1%
940 Monroe Avenue NW unit: 101 #101 Grand Rapids, MI Luxury Meets History at the Iconic Boardwalk. This beautifully updated main-floor condo co...	2 beds \| 2 baths \| 1,515 sq.ft.	$575,000	Airbnb cash on cash: -1.7% Traditional cash on cash: 0.44% Airbnb Rental Income: $1465 Traditional Rental Income: $2182 Airbnb ROI: -1.7% Traditional ROI: 0.44%
2530 Boston Street SE Grand Rapids, MI Welcome to 2530 Boston Street, where East Grand Rapids charm meets fresh updates and plent...	5 beds \| N/A baths \| 3,261 sq.ft.	$694,900	Airbnb cash on cash: N/A Traditional cash on cash: 2.26% Airbnb Rental Income: $null Traditional Rental Income: $3177 Airbnb ROI: N/A Traditional ROI: 2.26%
4438 Jefferson Avenue SE Grand Rapids, MI Cute Bungalow refreshed with a primary bedroom, second bedroom, living room - all with har...	2 beds \| 2 baths \| 1,399 sq.ft.	$230,000	Airbnb cash on cash: 0.72% Traditional cash on cash: 7.41% Airbnb Rental Income: $1124 Traditional Rental Income: $2205 Airbnb ROI: 0.72% Traditional ROI: 7.41%
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: -1.57% Traditional cash on cash: 0% Airbnb Rental Income: $1518 Traditional Rental Income: $1798 Airbnb ROI: -1.57% Traditional ROI: 0%
1056 Fuller Avenue SE Grand Rapids, MI Location, location, location! Nestled in the heart of the desirable Ottawa Hills neighborh...	3 beds \| N/A baths \| 1,557 sq.ft.	$250,000	Airbnb cash on cash: 1.75% Traditional cash on cash: 6.5% Airbnb Rental Income: $1621 Traditional Rental Income: $2284 Airbnb ROI: 1.75% Traditional ROI: 6.5%
5053 Alyssum Drive SE Grand Rapids, MI Discover your dream home at 5053 Alyssum Dr. SE, nestled in Kentwood's charming Wildflower...	3 beds \| 2 baths \| 1,546 sq.ft.	$355,000	Airbnb cash on cash: 0.14% Traditional cash on cash: 4.03% Airbnb Rental Income: $1395 Traditional Rental Income: $2272 Airbnb ROI: 0.14% Traditional ROI: 4.03%
931 Griggs Street SE Grand Rapids, MI Welcome to this beautifully updated bungalow just steps from the desirable Alger Heights a...	3 beds \| 2 baths \| 1,525 sq.ft.	$229,900	Airbnb cash on cash: 2.83% Traditional cash on cash: 7.83% Airbnb Rental Income: $1605 Traditional Rental Income: $2237 Airbnb ROI: 2.83% Traditional ROI: 7.83%
26 Valley Avenue SW Grand Rapids, MI Welcome to this beautifully updated 3-story home perched on a spacious corner lot directly...	4 beds \| N/A baths \| 2,197 sq.ft.	$339,900	Airbnb cash on cash: 2.23% Traditional cash on cash: 5.36% Airbnb Rental Income: $2003 Traditional Rental Income: $2480 Airbnb ROI: 2.23% Traditional ROI: 5.36%
848 Walsh Street SE Grand Rapids, MI OPEN HOUSE: 10/4 from 1pm-3pm Stunning 3BR/2.5BA home in a great Alger Heights locatio...	3 beds \| N/A baths \| 1,662 sq.ft.	$374,900	Airbnb cash on cash: -0.64% Traditional cash on cash: 3.4% Airbnb Rental Income: $889 Traditional Rental Income: $1972 Airbnb ROI: -0.64% Traditional ROI: 3.4%
2984 Chapshire Drive SE unit: 59 #59 Grand Rapids, MI Experience effortless living in the heart of Cascade Township! This 3-bedroom, 2.5-bath co...	3 beds \| N/A baths \| 1,574 sq.ft.	$234,900	Airbnb cash on cash: 0.17% Traditional cash on cash: 6.18% Airbnb Rental Income: $1530 Traditional Rental Income: $2421 Airbnb ROI: 0.17% Traditional ROI: 6.18%
310 Sweet Street NE Grand Rapids, MI Welcome to 310 Sweet Street in Grand Rapids! This charming 2-bedroom, 1-bath home has been...	2 beds \| 1 baths \| 1,170 sq.ft.	$295,000	Airbnb cash on cash: 1.93% Traditional cash on cash: 6.12% Airbnb Rental Income: $1465 Traditional Rental Income: $2197 Airbnb ROI: 1.93% Traditional ROI: 6.12%
914 Leonard Street NE Grand Rapids, MI Spacious and beautiful 4-bedroom home on Grand Rapids' northeast side! Just minutes from d...	4 beds \| 1 baths \| 2,173 sq.ft.	$219,999	Airbnb cash on cash: 6.85% Traditional cash on cash: 6.17% Airbnb Rental Income: $2618 Traditional Rental Income: $1852 Airbnb ROI: 6.85% Traditional ROI: 6.17%

Real Estate investment in Grand-rapids, MI

There are 938 properties for sale in the city of Grand Rapids . The median list price in Grand Rapids is $314,900 and the average price per square foot is $169. In October 2025, the average monthly cash on cash return in Grand Rapids is 5.00%. The average monthly rental income in Grand Rapids is $2,246.

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

There are 938 investment properties available for sale in Grand-rapids.

In 2025, 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 $2,246.

Your search for investment property begins and ends here

Investment Property for Sale in Grand Rapids, MI

940 Monroe Avenue NW unit: 549 #549

Grand Rapids, MI

2 beds | 2 baths | 1,315 sq.ft.

$355,000

Airbnb cash on cash: -2.17%

Traditional cash on cash: 1.84%

Airbnb Rental Income: $1465

Traditional Rental Income: $2368

Airbnb ROI: -2.17%

Traditional ROI: 1.84%

600 Monroe Avenue NW unit: 409 #409

Grand Rapids, MI

1 beds | 2 baths | 1,110 sq.ft.

$299,900

Airbnb cash on cash: -2.2%

Traditional cash on cash: 1.04%

Airbnb Rental Income: $1199

Traditional Rental Income: $1724

Airbnb ROI: -2.2%

Traditional ROI: 1.04%

600 Monroe Avenue NW unit: 406 #406

Grand Rapids, MI

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

$865,000

Airbnb cash on cash: -1.67%

Traditional cash on cash: 0.33%

Airbnb Rental Income: $1695

Traditional Rental Income: $2838

Airbnb ROI: -1.67%

Traditional ROI: 0.33%

1217 El Camino Drive NW

Grand Rapids, MI

4 beds | N/A baths | 5,102 sq.ft.

$799,900

Airbnb cash on cash: 0.38%

Traditional cash on cash: 5.19%

Airbnb Rental Income: $2298

Traditional Rental Income: $5313

Airbnb ROI: 0.38%

Traditional ROI: 5.19%

811 Fairmount Street SE

Grand Rapids, MI

4 beds | 2 baths | 2,159 sq.ft.

$374,900

Airbnb cash on cash: 3.36%

Traditional cash on cash: 4.57%

Airbnb Rental Income: $2575

Traditional Rental Income: $2382

Airbnb ROI: 3.36%

Traditional ROI: 4.57%

1009 Adams Street SE

Grand Rapids, MI

3 beds | N/A baths | 1,150 sq.ft.

$175,000

Airbnb cash on cash: 4.54%

Traditional cash on cash: 9.51%

Airbnb Rental Income: $1605

Traditional Rental Income: $1977

Airbnb ROI: 4.54%

Traditional ROI: 9.51%

64 Quimby Street NE

Grand Rapids, MI

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

$208,900

Airbnb cash on cash: 8.13%

Traditional cash on cash: 6.28%

Airbnb Rental Income: $2753

Traditional Rental Income: $1739

Airbnb ROI: 8.13%

Traditional ROI: 6.28%

607 66th Street SE

Grand Rapids, MI

3 beds | N/A baths | 1,228 sq.ft.

$299,999

Airbnb cash on cash: 1.01%

Traditional cash on cash: 5.15%

Airbnb Rental Income: $1395

Traditional Rental Income: $2141

Airbnb ROI: 1.01%