Real Estate Investment Properties for Sale in Ishpeming, MI

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

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

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
1110 Co Rd GGG Ishpeming, MI Beautiful year-round living awaits on the highly sought-after Dead River Basin, offering a...	4 beds \| 3 baths \| 2,968 sq.ft.	$795,000	Airbnb cash on cash: N/A Traditional cash on cash: 0.94% Airbnb Rental Income: $null Traditional Rental Income: $2663 Airbnb ROI: N/A Traditional ROI: 0.94%
6865 Co Rd PRB Ishpeming, MI Welcome to The Lodge, an active Airbnb retreat that transcends the ordinary and offers an ...	4 beds \| 2 baths \| 4,015 sq.ft.	$695,000	Airbnb cash on cash: N/A Traditional cash on cash: 1.04% Airbnb Rental Income: $null Traditional Rental Income: $2407 Airbnb ROI: N/A Traditional ROI: 1.04%
Co Rd CCF Ishpeming, MI Hunter's Paradise! Discover 80 acres of pristine wilderness in Ely Township with the beaut...	1 beds \| N/A baths \| 576 sq.ft.	$250,000	Airbnb cash on cash: 0.16% Traditional cash on cash: 3.4% Airbnb Rental Income: $815 Traditional Rental Income: $1255 Airbnb ROI: 0.16% Traditional ROI: 3.4%
612 Maurice Street Ishpeming, MI Plenty of Potential! This versatile home offers multiple living options with a full first-...	3 beds \| 2 baths \| 1,359 sq.ft.	$149,900	Airbnb cash on cash: 4.13% Traditional cash on cash: 8.23% Airbnb Rental Income: $1480 Traditional Rental Income: $1633 Airbnb ROI: 4.13% Traditional ROI: 8.23%
113 N 2nd Street Ishpeming, MI Previously known as The Venice, the restaurant is fully equipped and ready to welcome gues...	2 beds \| 4 baths \| 4,573 sq.ft.	$285,000	Airbnb cash on cash: 0.6% Traditional cash on cash: 5.92% Airbnb Rental Income: $1343 Traditional Rental Income: $2361 Airbnb ROI: 0.6% Traditional ROI: 5.92%
21330 Long Lake Rd Ishpeming, MI Looking for a beautiful, remote waterfront summer home? This is it! This lakefront home wa...	2 beds \| N/A baths \| 1,202 sq.ft.	$328,000	Airbnb cash on cash: 1.57% Traditional cash on cash: 4.02% Airbnb Rental Income: $1343 Traditional Rental Income: $1686 Airbnb ROI: 1.57% Traditional ROI: 4.02%
400 S Lake Street Ishpeming, MI Welcome to easy, maintenance-free living in this thoughtfully designed new construction ho...	2 beds \| 1 baths \| 1,026 sq.ft.	$298,000	Airbnb cash on cash: 0.46% Traditional cash on cash: 3.36% Airbnb Rental Income: $1343 Traditional Rental Income: $1743 Airbnb ROI: 0.46% Traditional ROI: 3.36%
1 CO RD CD Ishpeming, MI Earn instant equity with this home being listed below the 2026 appraised value!!! A 3-bedr...	3 beds \| 2 baths \| 1,644 sq.ft.	$259,000	Airbnb cash on cash: 2.47% Traditional cash on cash: 7.56% Airbnb Rental Income: $1480 Traditional Rental Income: $2290 Airbnb ROI: 2.47% Traditional ROI: 7.56%
8 Gold Drive Ishpeming, MI This HIDDEN GEM can be yours in this waterfront home nestled in a residential neighborhood...	3 beds \| 4 baths \| 2,696 sq.ft.	$600,000	Airbnb cash on cash: -0.83% Traditional cash on cash: 4.36% Airbnb Rental Income: $1480 Traditional Rental Income: $3951 Airbnb ROI: -0.83% Traditional ROI: 4.36%
1525 Glenwood Lane Street Ishpeming, MI Situated on a large lot in a sought-after residential subdivision, you will find this 3-4 ...	3 beds \| 3 baths \| 2,301 sq.ft.	$359,500	Airbnb cash on cash: 1.68% Traditional cash on cash: 5.47% Airbnb Rental Income: $1480 Traditional Rental Income: $2324 Airbnb ROI: 1.68% Traditional ROI: 5.47%
135 York Street Ishpeming, MI Held by the same family for generations, 135 York St in Ishpeming is ready for its next ch...	3 beds \| 1 baths \| 1,648 sq.ft.	$169,900	Airbnb cash on cash: 4.05% Traditional cash on cash: 7.97% Airbnb Rental Income: $1480 Traditional Rental Income: $1680 Airbnb ROI: 4.05% Traditional ROI: 7.97%
1734 Little Perch Lake Road Ishpeming, MI Welcome to your lakeside retreat on beautiful Little Perch Lake! This charming 2-bedroom h...	2 beds \| 1 baths \| 1,031 sq.ft.	$285,000	Airbnb cash on cash: 0.6% Traditional cash on cash: 3.08% Airbnb Rental Income: $1343 Traditional Rental Income: $1597 Airbnb ROI: 0.6% Traditional ROI: 3.08%
315 Seilo Avenue Ishpeming, MI 315 Seilo Avenue is an inviting four-bedroom, 1.5 bathroom home offering 2,350 total squar...	4 beds \| 2 baths \| 1,302 sq.ft.	$239,900	Airbnb cash on cash: N/A Traditional cash on cash: 7.44% Airbnb Rental Income: $null Traditional Rental Income: $2191 Airbnb ROI: N/A Traditional ROI: 7.44%
6365 COUNTY ROAD PB Ishpeming, MI Welcome to a true fixer-upper in a quiet location. Bring your tools or your contractor fri...	2 beds \| 1 baths \| 655 sq.ft.	$69,000	Airbnb cash on cash: 9.73% Traditional cash on cash: 9.36% Airbnb Rental Income: $1343 Traditional Rental Income: $905 Airbnb ROI: 9.73% Traditional ROI: 9.36%
250 Steel Street Ishpeming, MI LOOK AT THIS!!!! Move in ready in Ishpeming Township at a perfect price point for your sta...	2 beds \| 1 baths \| 858 sq.ft.	$165,000	Airbnb cash on cash: 2.81% Traditional cash on cash: 3.24% Airbnb Rental Income: $1343 Traditional Rental Income: $999 Airbnb ROI: 2.81% Traditional ROI: 3.24%
1607 Swanson Drive Ishpeming, MI Looking for a simple getaway? This rustic one-bedroom cabin offers a peaceful setting on t...	1 beds \| N/A baths \| 388 sq.ft.	$99,000	Airbnb cash on cash: 1.63% Traditional cash on cash: 2.82% Airbnb Rental Income: $815 Traditional Rental Income: $605 Airbnb ROI: 1.63% Traditional ROI: 2.82%
207 S 2nd Street Ishpeming, MI Welcome to this 3 bedroom/1 full bath property in the heart of downtown Ishpeming at a gre...	3 beds \| 1 baths \| 1,248 sq.ft.	$139,900	Airbnb cash on cash: 4.58% Traditional cash on cash: 6.82% Airbnb Rental Income: $1480 Traditional Rental Income: $1345 Airbnb ROI: 4.58% Traditional ROI: 6.82%
175 County RD PDJ Ishpeming, MI Property is being sold as-is. Home offers 3 bedrooms, 1 bath, approximately 1,036 sq. ft.,...	3 beds \| 1 baths \| 1,036 sq.ft.	$119,000	Airbnb cash on cash: 5.78% Traditional cash on cash: 8.15% Airbnb Rental Income: $1480 Traditional Rental Income: $1316 Airbnb ROI: 5.78% Traditional ROI: 8.15%
1055 Highland Drive Ishpeming, MI Welcome to this charming ranch home nestled in the desirable Ishpeming Hills Subdivision, ...	4 beds \| 2 baths \| 2,054 sq.ft.	$425,000	Airbnb cash on cash: N/A Traditional cash on cash: 2.88% Airbnb Rental Income: $null Traditional Rental Income: $2245 Airbnb ROI: N/A Traditional ROI: 2.88%
2813 US 41 W Highway Ishpeming, MI Welcome home! This beautifully maintained 2,600 sq. ft. home offers spacious living in a p...	5 beds \| 2 baths \| 2,600 sq.ft.	$399,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.46% Airbnb Rental Income: $null Traditional Rental Income: $2332 Airbnb ROI: N/A Traditional ROI: 3.46%
2809 Co Rd GGT Ishpeming, MI Escape to the secluded shores of the Dead River Basin without sacrificing the comforts of ...	3 beds \| 2 baths \| 1,724 sq.ft.	$398,900	Airbnb cash on cash: 0.02% Traditional cash on cash: 1.16% Airbnb Rental Income: $1480 Traditional Rental Income: $1470 Airbnb ROI: 0.02% Traditional ROI: 1.16%

Real Estate investment in Ishpeming, MI

There are 41 properties for sale in the city of Ishpeming . The median list price in Ishpeming is $164,901 and the average price per square foot is $92. In July 2026, the average monthly cash on cash return in Ishpeming is 6.00%. The average monthly rental income in Ishpeming is $1,948.

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

There are 41 investment properties available for sale in Ishpeming.

The ROI for Long-Term is higher than the Short-Term in Ishpeming with average rental income of $1,948.

Your search for investment property begins and ends here

Investment Property for Sale in Ishpeming, MI

1110 Co Rd GGG

Ishpeming, MI

4 beds | 3 baths | 2,968 sq.ft.

$795,000

Airbnb cash on cash: N/A

Traditional cash on cash: 0.94%

Airbnb Rental Income: $null

Traditional Rental Income: $2663

Airbnb ROI: N/A

Traditional ROI: 0.94%

6865 Co Rd PRB

Ishpeming, MI

4 beds | 2 baths | 4,015 sq.ft.

$695,000

Airbnb cash on cash: N/A

Traditional cash on cash: 1.04%

Airbnb Rental Income: $null

Traditional Rental Income: $2407

Airbnb ROI: N/A

Traditional ROI: 1.04%

Co Rd CCF

Ishpeming, MI

1 beds | N/A baths | 576 sq.ft.

$250,000

Airbnb cash on cash: 0.16%

Traditional cash on cash: 3.4%

Airbnb Rental Income: $815

Traditional Rental Income: $1255

Airbnb ROI: 0.16%

Traditional ROI: 3.4%

612 Maurice Street

Ishpeming, MI

3 beds | 2 baths | 1,359 sq.ft.

$149,900

Airbnb cash on cash: 4.13%

Traditional cash on cash: 8.23%

Airbnb Rental Income: $1480

Traditional Rental Income: $1633

Airbnb ROI: 4.13%

Traditional ROI: 8.23%

113 N 2nd Street

Ishpeming, MI

2 beds | 4 baths | 4,573 sq.ft.

$285,000

Airbnb cash on cash: 0.6%

Traditional cash on cash: 5.92%

Airbnb Rental Income: $1343

Traditional Rental Income: $2361

Airbnb ROI: 0.6%

Traditional ROI: 5.92%

21330 Long Lake Rd

Ishpeming, MI

2 beds | N/A baths | 1,202 sq.ft.

$328,000

Airbnb cash on cash: 1.57%

Traditional cash on cash: 4.02%

Airbnb Rental Income: $1343

Traditional Rental Income: $1686

Airbnb ROI: 1.57%

Traditional ROI: 4.02%

400 S Lake Street

Ishpeming, MI

2 beds | 1 baths | 1,026 sq.ft.

$298,000

Airbnb cash on cash: 0.46%

Traditional cash on cash: 3.36%

Airbnb Rental Income: $1343

Traditional Rental Income: $1743

Airbnb ROI: 0.46%

Traditional ROI: 3.36%

1 CO RD CD

Ishpeming, MI

3 beds | 2 baths | 1,644 sq.ft.

$259,000

Airbnb cash on cash: 2.47%

Traditional cash on cash: 7.56%

Airbnb Rental Income: $1480

Traditional Rental Income: $2290

Airbnb ROI: 2.47%