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
684 Mather Ishpeming, MI Thoughtful design, quality finishes, and a prime location make it a must-see in Ishpemingâ...	3 beds \| 2 baths \| 1,704 sq.ft.	$345,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.76% Airbnb Rental Income: $null Traditional Rental Income: $2355 Airbnb ROI: N/A Traditional ROI: 3.76%
754 Cooper Rd Ishpeming, MI This four bedroom, two bath home in Ishpeming Township has plenty of potential! The main h...	4 beds \| 2 baths \| 1,654 sq.ft.	$250,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.7% Airbnb Rental Income: $null Traditional Rental Income: $1816 Airbnb ROI: N/A Traditional ROI: 5.7%
684 Mather Ave Ishpeming, MI Beautiful landscaping and a covered entryway welcome you to this impeccably updated 3-bedr...	3 beds \| 2 baths \| 1,704 sq.ft.	$345,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.6% Airbnb Rental Income: $null Traditional Rental Income: $2033 Airbnb ROI: N/A Traditional ROI: 3.6%
21330 Long Lake Ishpeming, MI Looking for a beautiful, remote waterfront summer home? This is it! This lakefront home wa...	2 beds \| 1 baths \| 864 sq.ft.	$328,000	Airbnb cash on cash: N/A Traditional cash on cash: 2.97% Airbnb Rental Income: $null Traditional Rental Income: $1787 Airbnb ROI: N/A Traditional ROI: 2.97%
140 Tonkin Ishpeming, MI Stunning 4/5 bedroom, 2.5-bath home with 2-full kitchens was originally built in 2001 & ex...	5 beds \| 3 baths \| 1,984 sq.ft.	$734,900	Airbnb cash on cash: N/A Traditional cash on cash: 2.54% Airbnb Rental Income: $null Traditional Rental Income: $2982 Airbnb ROI: N/A Traditional ROI: 2.54%
140 TONKIN ROAD Ishpeming, MI Stunning 4/5 bedroom, 2.5-bath home with 2-full kitchens was originally built in 2001 & ex...	5 beds \| 3 baths \| 2,901 sq.ft.	$734,900	Airbnb cash on cash: N/A Traditional cash on cash: 3.37% Airbnb Rental Income: $null Traditional Rental Income: $3129 Airbnb ROI: N/A Traditional ROI: 3.37%
1035 Country Ishpeming, MI Welcome to this beautifully updated property at 1035 Country Lane, offering over 3,500 squ...	6 beds \| 4 baths \| 3,521 sq.ft.	$299,000	Airbnb cash on cash: N/A Traditional cash on cash: 11.1% Airbnb Rental Income: $null Traditional Rental Income: $3928 Airbnb ROI: N/A Traditional ROI: 11.1%
1025 Country Ishpeming, MI Welcome to this stunning, completely transformed commercial property offering roughly 3,60...	5 beds \| 4 baths \| 3,600 sq.ft.	$409,000	Airbnb cash on cash: N/A Traditional cash on cash: 7.6% Airbnb Rental Income: $null Traditional Rental Income: $3897 Airbnb ROI: N/A Traditional ROI: 7.6%
21330 Long Rd Ishpeming, MI Looking for a beautiful, remote waterfront summer home? This is it! This lakefront home wa...	2 beds \| 1 baths \| 1,202 sq.ft.	$328,000	Airbnb cash on cash: N/A Traditional cash on cash: 2.81% Airbnb Rental Income: $null Traditional Rental Income: $1737 Airbnb ROI: N/A Traditional ROI: 2.81%
113 N 2nd Ishpeming, MI **Turn Key Restaurant with 2-Bedroom Residence Above in Ishpeming â Formerly Known as Th...	2 beds \| 4 baths \| 4,488 sq.ft.	$240,000	Airbnb cash on cash: N/A Traditional cash on cash: 10.15% Airbnb Rental Income: $null Traditional Rental Income: $3015 Airbnb ROI: N/A Traditional ROI: 10.15%
612 Maurice Ishpeming, MI Plenty of Potential! This versatile home offers multiple living options with a full first-...	3 beds \| 2 baths \| 1,359 sq.ft.	$189,900	Airbnb cash on cash: N/A Traditional cash on cash: 9% Airbnb Rental Income: $null Traditional Rental Income: $2075 Airbnb ROI: N/A Traditional ROI: 9%
TBD Co Rd CCF Ishpeming, MI Hunterâs Paradise! Discover 80 acres of pristine wilderness in Ely Township with the bea...	1 beds \| N/A baths \| 576 sq.ft.	$275,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.01% Airbnb Rental Income: $null Traditional Rental Income: $1255 Airbnb ROI: N/A Traditional ROI: 3.01%
1755 S Rose Ishpeming, MI Completely updated 3 bedroom, 1 bathroom home located in Ishpeming Twp. Over the past few...	3 beds \| 1 baths \| 1,056 sq.ft.	$259,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.66% Airbnb Rental Income: $null Traditional Rental Income: $1604 Airbnb ROI: N/A Traditional ROI: 4.66%
215 Hazel Street Ishpeming, MI Completely renovated and offers a stunning blend of modern updates, thoughtful design, and...	3 beds \| 2 baths \| 1,506 sq.ft.	$237,500	Airbnb cash on cash: N/A Traditional cash on cash: 6.38% Airbnb Rental Income: $null Traditional Rental Income: $2091 Airbnb ROI: N/A Traditional ROI: 6.38%
312 S 3rd Street Ishpeming, MI Extensively Renovated Duplex â Ideal Turn-Key Investment Opportunity! Recently and exten...	3 beds \| 2 baths \| 1,850 sq.ft.	$229,000	Airbnb cash on cash: N/A Traditional cash on cash: 2.68% Airbnb Rental Income: $null Traditional Rental Income: $1219 Airbnb ROI: N/A Traditional ROI: 2.68%
465 Co Rd PPL Rd Ishpeming, MI 465 Co Rd PPL Rd, Ishpeming, MI 49849 \| Single Family Residential	3 beds \| 1 baths \| 1,450 sq.ft.	$304,500	Airbnb cash on cash: N/A Traditional cash on cash: 1.86% Airbnb Rental Income: $null Traditional Rental Income: $1348 Airbnb ROI: N/A Traditional ROI: 1.86%
80 Acres Off Co Rd 510 Rd Ishpeming, MI 80 Acres Off Co Rd 510 Rd, Ishpeming, MI 49849 \| Single Family Residential	2 beds \| 1 baths \| 756 sq.ft.	$156,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.07% Airbnb Rental Income: $null Traditional Rental Income: $925 Airbnb ROI: N/A Traditional ROI: 3.07%
TBD N Greenwood Dr Ishpeming, MI TBD N Greenwood Dr, Ishpeming, MI 49849 \| Other	N/A beds \| N/A baths \| N/A	$39,900	Airbnb cash on cash: N/A Traditional cash on cash: 10.93% Airbnb Rental Income: $null Traditional Rental Income: $698 Airbnb ROI: N/A Traditional ROI: 10.93%
TBD US 41 Hwy Ishpeming, MI TBD US 41 Hwy, Ishpeming, MI 49918 \| Other	3 beds \| 1 baths \| 1,822 sq.ft.	$435,000	Airbnb cash on cash: N/A Traditional cash on cash: -1.08% Airbnb Rental Income: $null Traditional Rental Income: $698 Airbnb ROI: N/A Traditional ROI: -1.08%

Real Estate investment in Ishpeming, MI

There are 51 properties for sale in the city of Ishpeming . The median list price in Ishpeming is $209,950 and the average price per square foot is $122. In January 2026, the average monthly cash on cash return in Ishpeming is 5.00%. The average monthly rental income in Ishpeming is $1,379.

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

There are 51 investment properties available for sale in Ishpeming.

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

The ROI for Short-Term is higher than the Long-Term in Ishpeming with average rental income of $N/A.

Your search for investment property begins and ends here

Investment Property for Sale in Ishpeming, MI

684 Mather

Ishpeming, MI

3 beds | 2 baths | 1,704 sq.ft.

$345,000

Airbnb cash on cash: N/A

Traditional cash on cash: 3.76%

Airbnb Rental Income: $null

Traditional Rental Income: $2355

Airbnb ROI: N/A

Traditional ROI: 3.76%

754 Cooper Rd

Ishpeming, MI

4 beds | 2 baths | 1,654 sq.ft.

$250,000

Airbnb cash on cash: N/A

Traditional cash on cash: 5.7%

Airbnb Rental Income: $null

Traditional Rental Income: $1816

Airbnb ROI: N/A

Traditional ROI: 5.7%

684 Mather Ave

Ishpeming, MI

3 beds | 2 baths | 1,704 sq.ft.

$345,000

Airbnb cash on cash: N/A

Traditional cash on cash: 3.6%

Airbnb Rental Income: $null

Traditional Rental Income: $2033

Airbnb ROI: N/A

Traditional ROI: 3.6%

21330 Long Lake

Ishpeming, MI

2 beds | 1 baths | 864 sq.ft.

$328,000

Airbnb cash on cash: N/A

Traditional cash on cash: 2.97%

Airbnb Rental Income: $null

Traditional Rental Income: $1787

Airbnb ROI: N/A

Traditional ROI: 2.97%

140 Tonkin

Ishpeming, MI

5 beds | 3 baths | 1,984 sq.ft.

$734,900

Airbnb cash on cash: N/A

Traditional cash on cash: 2.54%

Airbnb Rental Income: $null

Traditional Rental Income: $2982

Airbnb ROI: N/A

Traditional ROI: 2.54%

140 TONKIN ROAD

Ishpeming, MI

5 beds | 3 baths | 2,901 sq.ft.

$734,900

Airbnb cash on cash: N/A

Traditional cash on cash: 3.37%

Airbnb Rental Income: $null

Traditional Rental Income: $3129

Airbnb ROI: N/A

Traditional ROI: 3.37%

1035 Country

Ishpeming, MI

6 beds | 4 baths | 3,521 sq.ft.

$299,000

Airbnb cash on cash: N/A

Traditional cash on cash: 11.1%

Airbnb Rental Income: $null

Traditional Rental Income: $3928

Airbnb ROI: N/A

Traditional ROI: 11.1%

1025 Country

Ishpeming, MI

5 beds | 4 baths | 3,600 sq.ft.

$409,000

Airbnb cash on cash: N/A

Traditional cash on cash: 7.6%

Airbnb Rental Income: $null

Traditional Rental Income: $3897

Airbnb ROI: N/A