Real Estate Investment Properties for Sale in Lexington, MI

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

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

separator

PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
5749 Main #28 Lexington, MI You deserve a bit of luxury...Lakeview Condo in the Village of Lexington. Welcome to you...	2 beds \| 2 baths \| 1,058 sq.ft.	$270,000	Airbnb cash on cash: -2.31% Traditional cash on cash: 3.68% Airbnb Rental Income: $802 Traditional Rental Income: $2007 Airbnb ROI: -2.31% Traditional ROI: 3.68%
8723 Lakeshore Rd Lexington, MI Wake up to Lake Huron at its best! This refined lakefront retreat offers 58 feet of shimme...	3 beds \| 2 baths \| 1,248 sq.ft.	$514,900	Airbnb cash on cash: -0.16% Traditional cash on cash: 3.03% Airbnb Rental Income: $1018 Traditional Rental Income: $2196 Airbnb ROI: -0.16% Traditional ROI: 3.03%
7296 Cedar Lexington, MI Just a short walk from the shimmering shores of Lake Huron, this charming one-bedroom, one...	1 beds \| 1 baths \| 600 sq.ft.	$229,900	Airbnb cash on cash: -1.37% Traditional cash on cash: 1.91% Airbnb Rental Income: $652 Traditional Rental Income: $1067 Airbnb ROI: -1.37% Traditional ROI: 1.91%
5522 Union St Lexington, MI Located in the quaint Village of Lexington, close to shopping, theater, and Harbor, sits t...	4 beds \| 2 baths \| 2,750 sq.ft.	$359,900	Airbnb cash on cash: 0.7% Traditional cash on cash: 4.11% Airbnb Rental Income: $1646 Traditional Rental Income: $2335 Airbnb ROI: 0.7% Traditional ROI: 4.11%
8723 Lakeshore Lexington, MI Enjoy living on Michiganâs Sunrise Side along the sparkling shores of Lake Huron in this...	3 beds \| 2 baths \| 1,248 sq.ft.	$514,900	Airbnb cash on cash: -1.35% Traditional cash on cash: 1.68% Airbnb Rental Income: $1018 Traditional Rental Income: $2117 Airbnb ROI: -1.35% Traditional ROI: 1.68%
7354 Byron Rd Lexington, MI Look at the views of Lake Huron and its stunning sun rises! This summer or year around hom...	2 beds \| 1 baths \| 1,100 sq.ft.	$258,000	Airbnb cash on cash: -0.98% Traditional cash on cash: 2.77% Airbnb Rental Income: $802 Traditional Rental Income: $1392 Airbnb ROI: -0.98% Traditional ROI: 2.77%
7896 Sanilac Ave Lexington, MI Rare 3.1 acre lot with shared Beach Rights! This spacious 2,400 sqft home has had a beauti...	4 beds \| 2 baths \| 2,400 sq.ft.	$459,900	Airbnb cash on cash: 0.7% Traditional cash on cash: 4.38% Airbnb Rental Income: $1646 Traditional Rental Income: $2766 Airbnb ROI: 0.7% Traditional ROI: 4.38%
5857 Lakeshore Lexington, MI The potential for this one is huge! With 100-feet of lake frontage, that is accessible by ...	2 beds \| 2 baths \| 1,550 sq.ft.	$614,000	Airbnb cash on cash: -1.85% Traditional cash on cash: 1.59% Airbnb Rental Income: $802 Traditional Rental Income: $2451 Airbnb ROI: -1.85% Traditional ROI: 1.59%
7336 Rosewood Lexington, MI LEXINGTON: LAKE ACCESS -- STUNNING BEACHES!! The best of both worlds - a LAKE ACCESS home ...	2 beds \| 1 baths \| 910 sq.ft.	$227,000	Airbnb cash on cash: -0.2% Traditional cash on cash: 3.58% Airbnb Rental Income: $802 Traditional Rental Income: $1293 Airbnb ROI: -0.2% Traditional ROI: 3.58%
7338 Southwood Lexington, MI Tucked away in the charming lakeside community of Lexington, this 3-bedroom, 2 full bath h...	3 beds \| 2 baths \| 1,500 sq.ft.	$300,000	Airbnb cash on cash: -0.61% Traditional cash on cash: 4.99% Airbnb Rental Income: $1018 Traditional Rental Income: $2241 Airbnb ROI: -0.61% Traditional ROI: 4.99%
7672 Schroeder Lexington, MI Lexington LAKE ACCESS Dream: 3rd House from Lake Huron! Steps away from the BEACH in highl...	4 beds \| 2 baths \| 1,630 sq.ft.	$329,900	Airbnb cash on cash: 1.97% Traditional cash on cash: 2.59% Airbnb Rental Income: $1646 Traditional Rental Income: $1375 Airbnb ROI: 1.97% Traditional ROI: 2.59%
7426 Birchwood Lexington, MI Open Friday May 8th 4-6:30pm Charming, turn-key home in a desirable Lexington Huron He...	2 beds \| 1 baths \| 740 sq.ft.	$225,000	Airbnb cash on cash: 0.05% Traditional cash on cash: 3.83% Airbnb Rental Income: $802 Traditional Rental Income: $1283 Airbnb ROI: 0.05% Traditional ROI: 3.83%
7173 Lake St Lexington, MI UNLEASH YOUR CREATIVITY AND TRANSFORM THIS HIDDNE GEM INTO YOUR SUMMER HOME OR YEAR ROUND ...	3 beds \| 1 baths \| 978 sq.ft.	$229,900	Airbnb cash on cash: 1.31% Traditional cash on cash: 3.38% Airbnb Rental Income: $1018 Traditional Rental Income: $1109 Airbnb ROI: 1.31% Traditional ROI: 3.38%
7261 Dogwood Lexington, MI LEXINGTON - LAKE ACCESS! 4 Bedroom, 2 Bath Ranch with AMAZING Association Beach! This year...	4 beds \| 2 baths \| 1,735 sq.ft.	$229,000	Airbnb cash on cash: 2.45% Traditional cash on cash: 8.17% Airbnb Rental Income: $1646 Traditional Rental Income: $2423 Airbnb ROI: 2.45% Traditional ROI: 8.17%
4358 Lakeshore Lexington, MI Welcome to this stunning farmhouse nestled on 7 beautiful acres just north of Lexington "T...	4 beds \| 4 baths \| 3,620 sq.ft.	$478,000	Airbnb cash on cash: -0.09% Traditional cash on cash: 5.54% Airbnb Rental Income: $1646 Traditional Rental Income: $3698 Airbnb ROI: -0.09% Traditional ROI: 5.54%
7153 Cedar Rd Lexington, MI Looking for quaint easy to maintain and ready to just move in? This home is super cute wit...	1 beds \| 1 baths \| 504 sq.ft.	$133,900	Airbnb cash on cash: -0.01% Traditional cash on cash: 6.04% Airbnb Rental Income: $652 Traditional Rental Income: $1133 Airbnb ROI: -0.01% Traditional ROI: 6.04%
7403 Woodside Lexington, MI WELCOME TO 7403 WOODSIDE - your Lexington, Michigan beach destination Get-A-Way! Located 5...	2 beds \| 1 baths \| 740 sq.ft.	$229,900	Airbnb cash on cash: -0.83% Traditional cash on cash: 3.3% Airbnb Rental Income: $802 Traditional Rental Income: $1376 Airbnb ROI: -0.83% Traditional ROI: 3.3%
5418 Babcock Lexington, MI Welcome to your peaceful retreat overlooking the 7th fairway at Lakeview Hills Golf Resort...	2 beds \| 2 baths \| 1,550 sq.ft.	$299,000	Airbnb cash on cash: -1.71% Traditional cash on cash: 5.05% Airbnb Rental Income: $802 Traditional Rental Income: $2385 Airbnb ROI: -1.71% Traditional ROI: 5.05%
3390 OLD ORCHARD Lexington, MI Custom-built comfort in a peaceful, nature-filled setting!â¦Overlooking a beautifully lan...	3 beds \| 3 baths \| 1,572 sq.ft.	$329,000	Airbnb cash on cash: 0.41% Traditional cash on cash: 5.38% Airbnb Rental Income: $1018 Traditional Rental Income: $2195 Airbnb ROI: 0.41% Traditional ROI: 5.38%
7173 Lake Lexington, MI Lexington -- Come experience all things Lexington, MI at 7173 Lake Street! This Bungalow i...	3 beds \| 1 baths \| 978 sq.ft.	$229,900	Airbnb cash on cash: 0.09% Traditional cash on cash: 3.76% Airbnb Rental Income: $1018 Traditional Rental Income: $1458 Airbnb ROI: 0.09% Traditional ROI: 3.76%
5774 Main Street Lexington, MI PRICE UPDATE!!! - Turnkey 4,653 SF B&B on 1.92 Acres - Includes 3 Lots! Established Bed & ...	5 beds \| 5 baths \| 4,653 sq.ft.	$485,000	Airbnb cash on cash: 1.3% Traditional cash on cash: 8.46% Airbnb Rental Income: $2440 Traditional Rental Income: $5092 Airbnb ROI: 1.3% Traditional ROI: 8.46%
7226 Lakeview Drive Lexington, MI Welcome to Michigan's ''Other Coast,'' where refined waterfront living meets extraordinary...	5 beds \| 5 baths \| 2,000 sq.ft.	$925,000	Airbnb cash on cash: -0.02% Traditional cash on cash: 2.74% Airbnb Rental Income: $2440 Traditional Rental Income: $4224 Airbnb ROI: -0.02% Traditional ROI: 2.74%
7372 Tulip Lexington, MI OPEN HOUSE SUNDAY, MAY 3, 2026 FROM 1-3PM Charming Cottage Just 4 Houses from Lake Hur...	2 beds \| 1 baths \| 898 sq.ft.	$179,900	Airbnb cash on cash: -0.18% Traditional cash on cash: 5.06% Airbnb Rental Income: $802 Traditional Rental Income: $1377 Airbnb ROI: -0.18% Traditional ROI: 5.06%
8941 & 8943 Lakeshore Lexington, MI 86' Lake Huron Waterfront on the southern border of Sanilac County. 2 bedroom 2 bath 2000...	2 beds \| 2 baths \| 2,000 sq.ft.	$749,900	Airbnb cash on cash: -1.48% Traditional cash on cash: 1.64% Airbnb Rental Income: $802 Traditional Rental Income: $2657 Airbnb ROI: -1.48% Traditional ROI: 1.64%
7276 Oak Lexington, MI Charm & Convenience! Private lake-access & boat launch from this home can be (and is curre...	2 beds \| 1 baths \| 1,059 sq.ft.	$210,000	Airbnb cash on cash: -0.68% Traditional cash on cash: 4.91% Airbnb Rental Income: $802 Traditional Rental Income: $1593 Airbnb ROI: -0.68% Traditional ROI: 4.91%
7205 Dogwood Lexington, MI This charming 3-bedroom, 2-bathroom home is nestled in a quiet, small subdivision with cov...	3 beds \| 2 baths \| 1,513 sq.ft.	$270,000	Airbnb cash on cash: -0.34% Traditional cash on cash: 5.67% Airbnb Rental Income: $1018 Traditional Rental Income: $2190 Airbnb ROI: -0.34% Traditional ROI: 5.67%
7154 Lester St Lexington, MI Charming 3-Bedroom, 2-Bath Home in the Village of Lexington Welcome to this adorable home ...	3 beds \| 2 baths \| 1,275 sq.ft.	$235,000	Airbnb cash on cash: 0.88% Traditional cash on cash: 6.99% Airbnb Rental Income: $1018 Traditional Rental Income: $2017 Airbnb ROI: 0.88% Traditional ROI: 6.99%
7338 Huron #28 Lexington, MI "Lake Huron Living â Turnkey Lexington Condo for Summer 2026" Experience luxury waterfro...	3 beds \| 3 baths \| 2,049 sq.ft.	$634,900	Airbnb cash on cash: -1.68% Traditional cash on cash: 2.11% Airbnb Rental Income: $1018 Traditional Rental Income: $2907 Airbnb ROI: -1.68% Traditional ROI: 2.11%
7525 Elmwood Rd Lexington, MI 7525 Elmwood Rd, Lexington, MI 48450 \| Single Family Residential	3 beds \| 1 baths \| 888 sq.ft.	$209,900	Airbnb cash on cash: 0.2% Traditional cash on cash: 2.72% Airbnb Rental Income: $1018 Traditional Rental Income: $1160 Airbnb ROI: 0.2% Traditional ROI: 2.72%
7127 Lake St Lexington, MI 7127 Lake St, Lexington, MI 48450 \| Single Family Residential	5 beds \| 3 baths \| 2,869 sq.ft.	$479,000	Airbnb cash on cash: 1.38% Traditional cash on cash: 3.23% Airbnb Rental Income: $2440 Traditional Rental Income: $2675 Airbnb ROI: 1.38% Traditional ROI: 3.23%
7520 Sunset Blvd Lexington, MI 7520 Sunset Blvd, Lexington, MI 48450 \| Single Family Residential	3 beds \| 1 baths \| 1,116 sq.ft.	$295,750	Airbnb cash on cash: -0.81% Traditional cash on cash: 1.23% Airbnb Rental Income: $1018 Traditional Rental Income: $1228 Airbnb ROI: -0.81% Traditional ROI: 1.23%
7338 Huron #28 St Lexington, MI 7338 Huron #28 St, Lexington, MI 48450 \| Condo/Coop	3 beds \| 3 baths \| 2,049 sq.ft.	$634,900	Airbnb cash on cash: -2.09% Traditional cash on cash: 1.02% Airbnb Rental Income: $1018 Traditional Rental Income: $2500 Airbnb ROI: -2.09% Traditional ROI: 1.02%
8941 & 8943 Lakeshore Rd Lexington, MI 8941 & 8943 Lakeshore Rd, Lexington, MI 48450 \| Single Family Residential	2 beds \| 2 baths \| 2,800 sq.ft.	$749,900	Airbnb cash on cash: -1.98% Traditional cash on cash: -0.1% Airbnb Rental Income: $802 Traditional Rental Income: $1794 Airbnb ROI: -1.98% Traditional ROI: -0.1%
7385 Southwood Rd Rd Lexington, MI	2 beds \| 1 baths \| 700 sq.ft.	$229,900	Airbnb cash on cash: -0.84% Traditional cash on cash: 0.64% Airbnb Rental Income: $802 Traditional Rental Income: $800 Airbnb ROI: -0.84% Traditional ROI: 0.64%
3905 Lakeshore Rd Lexington, MI 3905 Lakeshore Rd, Lexington, MI 48450 \| Single Family Residential	6 beds \| 3 baths \| 5,754 sq.ft.	$724,000	Airbnb cash on cash: 0.07% Traditional cash on cash: 1.55% Airbnb Rental Income: $2440 Traditional Rental Income: $2848 Airbnb ROI: 0.07% Traditional ROI: 1.55%
7428 Grove Rd Lexington, MI 7428 Grove Rd, Lexington, MI 48450 \| Single Family Residential	2 beds \| 1 baths \| 960 sq.ft.	$419,900	Airbnb cash on cash: -1.57% Traditional cash on cash: 0.75% Airbnb Rental Income: $802 Traditional Rental Income: $1392 Airbnb ROI: -1.57% Traditional ROI: 0.75%
7102 Lakeview Dr Lexington, MI 7102 Lakeview Dr, Lexington, MI 48450 \| Other	N/A beds \| N/A baths \| N/A	$374,900	Airbnb cash on cash: N/A Traditional cash on cash: -1.3% Airbnb Rental Income: $null Traditional Rental Income: $541 Airbnb ROI: N/A Traditional ROI: -1.3%
000 Sunset Blvd Lexington, MI 000 Sunset Blvd, Lexington, MI 48450 \| Other	N/A beds \| N/A baths \| N/A	$99,000	Airbnb cash on cash: N/A Traditional cash on cash: 2.54% Airbnb Rental Income: $null Traditional Rental Income: $630 Airbnb ROI: N/A Traditional ROI: 2.54%
TBD Lakeshore Rd Lexington, MI TBD Lakeshore Rd, Lexington, MI 48450 \| Other	N/A beds \| N/A baths \| N/A	$229,900	Airbnb cash on cash: N/A Traditional cash on cash: 0% Airbnb Rental Income: $null Traditional Rental Income: $640 Airbnb ROI: N/A Traditional ROI: 0%
00 Lakeshore Lexington, MI 00 Lakeshore, Lexington, MI 48450 \| Other	N/A beds \| N/A baths \| N/A	$48,999	Airbnb cash on cash: N/A Traditional cash on cash: 6.42% Airbnb Rental Income: $null Traditional Rental Income: $537 Airbnb ROI: N/A Traditional ROI: 6.42%

Real Estate investment in Lexington, MI

There are 107 properties for sale in the city of Lexington . The median list price in Lexington is $355,000 and the average price per square foot is $156. In May 2026, the average monthly cash on cash return in Lexington is 3.00%. The average monthly rental income in Lexington is $1,392.

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

There are 107 investment properties available for sale in Lexington.

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

The ROI for Short-Term is higher than the Long-Term in Lexington with average rental income of $1,018.

Your search for investment property begins and ends here

Investment Property for Sale in Lexington, MI

5749 Main #28

Lexington, MI

2 beds | 2 baths | 1,058 sq.ft.

$270,000

Airbnb cash on cash: -2.31%

Traditional cash on cash: 3.68%

Airbnb Rental Income: $802

Traditional Rental Income: $2007

Airbnb ROI: -2.31%

Traditional ROI: 3.68%

8723 Lakeshore Rd

Lexington, MI

3 beds | 2 baths | 1,248 sq.ft.

$514,900

Airbnb cash on cash: -0.16%

Traditional cash on cash: 3.03%

Airbnb Rental Income: $1018

Traditional Rental Income: $2196

Airbnb ROI: -0.16%

Traditional ROI: 3.03%

7296 Cedar

Lexington, MI

1 beds | 1 baths | 600 sq.ft.

$229,900

Airbnb cash on cash: -1.37%

Traditional cash on cash: 1.91%

Airbnb Rental Income: $652

Traditional Rental Income: $1067

Airbnb ROI: -1.37%

Traditional ROI: 1.91%

5522 Union St

Lexington, MI

4 beds | 2 baths | 2,750 sq.ft.

$359,900

Airbnb cash on cash: 0.7%

Traditional cash on cash: 4.11%

Airbnb Rental Income: $1646

Traditional Rental Income: $2335

Airbnb ROI: 0.7%

Traditional ROI: 4.11%

8723 Lakeshore

Lexington, MI

3 beds | 2 baths | 1,248 sq.ft.

$514,900

Airbnb cash on cash: -1.35%

Traditional cash on cash: 1.68%

Airbnb Rental Income: $1018

Traditional Rental Income: $2117

Airbnb ROI: -1.35%

Traditional ROI: 1.68%

7354 Byron Rd

Lexington, MI

2 beds | 1 baths | 1,100 sq.ft.

$258,000

Airbnb cash on cash: -0.98%

Traditional cash on cash: 2.77%

Airbnb Rental Income: $802

Traditional Rental Income: $1392

Airbnb ROI: -0.98%

Traditional ROI: 2.77%

7896 Sanilac Ave

Lexington, MI

4 beds | 2 baths | 2,400 sq.ft.

$459,900

Airbnb cash on cash: 0.7%

Traditional cash on cash: 4.38%

Airbnb Rental Income: $1646

Traditional Rental Income: $2766

Airbnb ROI: 0.7%

Traditional ROI: 4.38%

5857 Lakeshore

Lexington, MI

2 beds | 2 baths | 1,550 sq.ft.

$614,000

Airbnb cash on cash: -1.85%

Traditional cash on cash: 1.59%

Airbnb Rental Income: $802

Traditional Rental Income: $2451

Airbnb ROI: -1.85%