Real Estate Investment Properties for Sale in Manistee, MI

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

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

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
84 Charter Court Manistee, MI Welcome to easy coastal living in this spacious 3-story, 2-bedroom, 2.5-bath condo located...	2 beds \| 2 baths \| 1,840 sq.ft.	$455,900	Airbnb cash on cash: N/A Traditional cash on cash: 4.46% Airbnb Rental Income: $null Traditional Rental Income: $3000 Airbnb ROI: N/A Traditional ROI: 4.46%
519 Ramsdell Street Manistee, MI Well maintained and comfortable 2 bed, 1 bath home. Back yard has a large 20' x 12' deck ...	2 beds \| 1 baths \| 864 sq.ft.	$142,000	Airbnb cash on cash: N/A Traditional cash on cash: 6.72% Airbnb Rental Income: $null Traditional Rental Income: $1275 Airbnb ROI: N/A Traditional ROI: 6.72%
146 Jackson Street Manistee, MI Welcome to this charming 3-bedroom, bath & half, Manistee home featuring hardwood floors a...	3 beds \| 2 baths \| 1,516 sq.ft.	$235,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.74% Airbnb Rental Income: $null Traditional Rental Income: $1911 Airbnb ROI: N/A Traditional ROI: 5.74%
304 1st Avenue Manistee, MI The Northside of Manistee has definitely been discovered as a great place to live or vacat...	4 beds \| 2 baths \| 1,413 sq.ft.	$284,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.53% Airbnb Rental Income: $null Traditional Rental Income: $2184 Airbnb ROI: N/A Traditional ROI: 5.53%
3800 Grant Highway Manistee, MI 3 bed 2 bath farmhouse on over 4 acres completely remodeled! Brand new furnace and AC , wi...	3 beds \| 2 baths \| 1,512 sq.ft.	$265,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.83% Airbnb Rental Income: $null Traditional Rental Income: $2123 Airbnb ROI: N/A Traditional ROI: 5.83%
171 Joslin Cove Drive Manistee, MI End unit Waterfront Townhouse with a 20' boat slip and an attached garage. Amazing open fl...	2 beds \| 2 baths \| 1,476 sq.ft.	$429,000	Airbnb cash on cash: N/A Traditional cash on cash: 2.9% Airbnb Rental Income: $null Traditional Rental Income: $2457 Airbnb ROI: N/A Traditional ROI: 2.9%
210 Cypress Street Manistee, MI TWO-UNIT in the Heart of Manistee located on Cypress St (US 31). Two great long term tenan...	3 beds \| N/A baths \| N/A	$147,000	Airbnb cash on cash: N/A Traditional cash on cash: 6.1% Airbnb Rental Income: $null Traditional Rental Income: $1390 Airbnb ROI: N/A Traditional ROI: 6.1%
3104 Steinberg Road Manistee, MI Own nearly 10 acres of land that is adjacent to federal which opens up endless options to ...	3 beds \| 2 baths \| 1,680 sq.ft.	$310,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.96% Airbnb Rental Income: $null Traditional Rental Income: $2156 Airbnb ROI: N/A Traditional ROI: 4.96%
55 Anchor Rode Drive Manistee, MI Welcome to this beautifully updated condo offering space, comfort, and that Northern Michi...	2 beds \| 3 baths \| 1,860 sq.ft.	$425,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.15% Airbnb Rental Income: $null Traditional Rental Income: $3163 Airbnb ROI: N/A Traditional ROI: 5.15%
51 Arthur Street Manistee, MI Experience the best of waterfront living in this Manistee Lake condo, complete with a 44 f...	3 beds \| 2 baths \| 1,350 sq.ft.	$360,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.84% Airbnb Rental Income: $null Traditional Rental Income: $2229 Airbnb ROI: N/A Traditional ROI: 3.84%
607 Kosciusko Street Manistee, MI This charming Manistee starter home offers convenient, main-floor living. The spacious, op...	3 beds \| 2 baths \| 1,221 sq.ft.	$169,000	Airbnb cash on cash: N/A Traditional cash on cash: 8.39% Airbnb Rental Income: $null Traditional Rental Income: $1848 Airbnb ROI: N/A Traditional ROI: 8.39%
197 Joslin Cove Drive Manistee, MI Finished move in ready Waterfront Townhouse with a 25' boat slip and a 2 car attached gara...	2 beds \| 2 baths \| 1,332 sq.ft.	$349,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.44% Airbnb Rental Income: $null Traditional Rental Income: $2352 Airbnb ROI: N/A Traditional ROI: 3.44%
447 2nd Street Manistee, MI Unique Opportunity for a completely updated duplex in the Historic Manistee Neighborhood. ...	5 beds \| N/A baths \| N/A	$395,000	Airbnb cash on cash: N/A Traditional cash on cash: 2.86% Airbnb Rental Income: $null Traditional Rental Income: $1884 Airbnb ROI: N/A Traditional ROI: 2.86%
260 Fremont Street Manistee, MI Move-In Ready North Side Gem Near Lake Michigan. Newly remodeled home is located on Manist...	3 beds \| 1 baths \| 1,468 sq.ft.	$269,000	Airbnb cash on cash: N/A Traditional cash on cash: 2.47% Airbnb Rental Income: $null Traditional Rental Income: $1303 Airbnb ROI: N/A Traditional ROI: 2.47%
2404 Bialik Road Manistee, MI Looking for a place to slow down and enjoy the quiet? This 5.46-acre property is heavily w...	2 beds \| 1 baths \| 800 sq.ft.	$137,500	Airbnb cash on cash: N/A Traditional cash on cash: 4.67% Airbnb Rental Income: $null Traditional Rental Income: $1007 Airbnb ROI: N/A Traditional ROI: 4.67%
86 Spinnaker Drive Manistee, MI This condominium's location is fantastic! This 2-bedroom 2.5 bath condo is located near 5t...	2 beds \| 2 baths \| 1,756 sq.ft.	$440,000	Airbnb cash on cash: N/A Traditional cash on cash: 0.94% Airbnb Rental Income: $null Traditional Rental Income: $1990 Airbnb ROI: N/A Traditional ROI: 0.94%
1933 Pine Ridge Drive Manistee, MI You won't want to miss this opportunity to own a beautiful BRAND-NEW condominium in this q...	3 beds \| 3 baths \| 2,162 sq.ft.	$419,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.57% Airbnb Rental Income: $null Traditional Rental Income: $2849 Airbnb ROI: N/A Traditional ROI: 3.57%
1514 Main Street Manistee, MI Discover what is possible on Main Street! This well maintained home is looking for it's ne...	2 beds \| 1 baths \| 1,752 sq.ft.	$105,000	Airbnb cash on cash: N/A Traditional cash on cash: 11.92% Airbnb Rental Income: $null Traditional Rental Income: $1553 Airbnb ROI: N/A Traditional ROI: 11.92%
439 9th Street Manistee, MI Rare opportunity to own this Barndominium style property. Located just blocks from downtow...	1 beds \| 1 baths \| 930 sq.ft.	$199,900	Airbnb cash on cash: N/A Traditional cash on cash: 6.51% Airbnb Rental Income: $null Traditional Rental Income: $1591 Airbnb ROI: N/A Traditional ROI: 6.51%
200 National Drive Manistee, MI Step into this custom built home that is three levels of pond views with a secluded charm....	4 beds \| 3 baths \| 2,800 sq.ft.	$600,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.12% Airbnb Rental Income: $null Traditional Rental Income: $3527 Airbnb ROI: N/A Traditional ROI: 3.12%
214 Arthur Street Manistee, MI High-visibility mixed-use triplex located in Manistee's North Business District, offering ...	1 beds \| N/A baths \| N/A	$247,500	Airbnb cash on cash: N/A Traditional cash on cash: 3.42% Airbnb Rental Income: $null Traditional Rental Income: $1655 Airbnb ROI: N/A Traditional ROI: 3.42%
7590 Caberfae Highway Manistee, MI Investor opportunity at 7590 Caberfae Highway, a 3-bedroom, 1-bath home set on nearly 10 a...	3 beds \| 1 baths \| 1,600 sq.ft.	$150,000	Airbnb cash on cash: N/A Traditional cash on cash: 8.33% Airbnb Rental Income: $null Traditional Rental Income: $1652 Airbnb ROI: N/A Traditional ROI: 8.33%
317 Fifth Avenue unit: 2 #2 Manistee, MI If you've been dreaming of waterfront living with the charm this 2-bedroom, 1-bath condo a...	2 beds \| 1 baths \| 971 sq.ft.	$262,000	Airbnb cash on cash: N/A Traditional cash on cash: 0.94% Airbnb Rental Income: $null Traditional Rental Income: $1577 Airbnb ROI: N/A Traditional ROI: 0.94%
15 Lakeshore Drive Manistee, MI Rare Lake Michigan Mid-Century Gem! This cottage offers incredible potential for investors...	3 beds \| 1 baths \| 1,010 sq.ft.	$725,000	Airbnb cash on cash: N/A Traditional cash on cash: 1% Airbnb Rental Income: $null Traditional Rental Income: $1586 Airbnb ROI: N/A Traditional ROI: 1%
704 Engelman Street Manistee, MI 'Priced To Sell 'Move in ready 3-year-old high efficiency furnace 4-bedroom 1-bath family ...	4 beds \| 2 baths \| 1,142 sq.ft.	$187,000	Airbnb cash on cash: N/A Traditional cash on cash: 7.1% Airbnb Rental Income: $null Traditional Rental Income: $1717 Airbnb ROI: N/A Traditional ROI: 7.1%
418 6th Street Manistee, MI Income producing duplex in the City of Manistee with strong rental history. Both units are...	4 beds \| 2 baths \| N/A	$260,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.35% Airbnb Rental Income: $null Traditional Rental Income: $1847 Airbnb ROI: N/A Traditional ROI: 4.35%
274 6th Avenue Manistee, MI This charming 3-bedroom, 1-bathroom home is perfectly positioned across from the scenic Ma...	3 beds \| 1 baths \| 1,150 sq.ft.	$195,000	Airbnb cash on cash: N/A Traditional cash on cash: 6.23% Airbnb Rental Income: $null Traditional Rental Income: $1542 Airbnb ROI: N/A Traditional ROI: 6.23%
2521 Crescent Beach Road Manistee, MI Perched on a hilltop overlooking Portage Lake with 300' of shared but private beach fronta...	3 beds \| 3 baths \| 2,842 sq.ft.	$849,000	Airbnb cash on cash: N/A Traditional cash on cash: 1.88% Airbnb Rental Income: $null Traditional Rental Income: $3447 Airbnb ROI: N/A Traditional ROI: 1.88%
9670 S County Line Road Manistee, MI Tucked away along 847 feet of premium LITTLE MANISTEE RIVER FRONTAGE, this nearly 24 acre ...	4 beds \| 4 baths \| 3,437 sq.ft.	$1,095,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.06% Airbnb Rental Income: $null Traditional Rental Income: $4574 Airbnb ROI: N/A Traditional ROI: 3.06%
1384 Olson Road Manistee, MI Nestled on 7 private acres adjoining State land, this beautiful log home offers the perfec...	2 beds \| 2 baths \| 1,550 sq.ft.	$449,900	Airbnb cash on cash: N/A Traditional cash on cash: 2.88% Airbnb Rental Income: $null Traditional Rental Income: $2118 Airbnb ROI: N/A Traditional ROI: 2.88%
411 Polen Road Manistee, MI Beautifully updated, well-built ranch home on almost two acres of land. Completely remodel...	2 beds \| 1 baths \| 1,136 sq.ft.	$299,900	Airbnb cash on cash: N/A Traditional cash on cash: 3.68% Airbnb Rental Income: $null Traditional Rental Income: $1573 Airbnb ROI: N/A Traditional ROI: 3.68%
805 High Street Manistee, MI Beautifully renovated 4-bedroom home in the city of Manistee. From the fresh modern exteri...	4 beds \| 1 baths \| 1,512 sq.ft.	$269,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.69% Airbnb Rental Income: $null Traditional Rental Income: $1817 Airbnb ROI: N/A Traditional ROI: 4.69%
717 Parkdale Avenue Manistee, MI What a location! Near all that is happening in the town. 2 acres of land, currently zoned ...	5 beds \| 2 baths \| 2,770 sq.ft.	$620,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.26% Airbnb Rental Income: $null Traditional Rental Income: $2813 Airbnb ROI: N/A Traditional ROI: 3.26%
714 Harbor Drive Manistee, MI 4 Bedroom Home in Prime Manistee Location Enjoy one of the best locations in Manistee with...	4 beds \| 2 baths \| 2,316 sq.ft.	$450,900	Airbnb cash on cash: N/A Traditional cash on cash: 4.42% Airbnb Rental Income: $null Traditional Rental Income: $2974 Airbnb ROI: N/A Traditional ROI: 4.42%
1823 Red Apple Road Manistee, MI Check out this first time ever to market home! 3 bed 1 bath, 1 car attached garage on 1.44...	3 beds \| 1 baths \| 1,557 sq.ft.	$293,795	Airbnb cash on cash: N/A Traditional cash on cash: 3.72% Airbnb Rental Income: $null Traditional Rental Income: $1678 Airbnb ROI: N/A Traditional ROI: 3.72%
913 Kosciusko Street Manistee, MI Great investment opportunity or your family home. This home has a long term month to month...	3 beds \| 2 baths \| 1,160 sq.ft.	$129,900	Airbnb cash on cash: N/A Traditional cash on cash: 11.68% Airbnb Rental Income: $null Traditional Rental Income: $1824 Airbnb ROI: N/A Traditional ROI: 11.68%
216 1st Avenue Manistee, MI Charming 2 bedroom, 1 bath bungalow in North-side neighborhood. This property sits on an e...	2 beds \| 1 baths \| 820 sq.ft.	$165,000	Airbnb cash on cash: N/A Traditional cash on cash: 6.26% Airbnb Rental Income: $null Traditional Rental Income: $1378 Airbnb ROI: N/A Traditional ROI: 6.26%
26 Brookharbor N Manistee, MI Harbor Village is a unique development in Manistee on Lake Michigan. This complex offers e...	1 beds \| 1 baths \| 465 sq.ft.	$240,000	Airbnb cash on cash: N/A Traditional cash on cash: 2.61% Airbnb Rental Income: $null Traditional Rental Income: $1212 Airbnb ROI: N/A Traditional ROI: 2.61%
332 3rd Street Manistee, MI Cute bungalow with all the details of the era. Original Farm sink, solid wood cabinets, co...	3 beds \| 1 baths \| 1,369 sq.ft.	$159,900	Airbnb cash on cash: N/A Traditional cash on cash: 8.11% Airbnb Rental Income: $null Traditional Rental Income: $1613 Airbnb ROI: N/A Traditional ROI: 8.11%
219 2nd Avenue Manistee, MI 2 for the Price of one on the Very desirable Northside of Manistee. A few blocks to Downto...	4 beds \| 2 baths \| 2,706 sq.ft.	$399,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.68% Airbnb Rental Income: $null Traditional Rental Income: $2471 Airbnb ROI: N/A Traditional ROI: 4.68%

Real Estate investment in Manistee, MI

There are 43 properties for sale in the city of Manistee . The median list price in Manistee is $269,000 and the average price per square foot is $169. In February 2026, the average monthly cash on cash return in Manistee is 3.00%. The average monthly rental income in Manistee is $1,739.

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

There are 43 investment properties available for sale in Manistee.

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

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

Your search for investment property begins and ends here

Investment Property for Sale in Manistee, MI

84 Charter Court

Manistee, MI

2 beds | 2 baths | 1,840 sq.ft.

$455,900

Airbnb cash on cash: N/A

Traditional cash on cash: 4.46%

Airbnb Rental Income: $null

Traditional Rental Income: $3000

Airbnb ROI: N/A

Traditional ROI: 4.46%

519 Ramsdell Street

Manistee, MI

2 beds | 1 baths | 864 sq.ft.

$142,000

Airbnb cash on cash: N/A

Traditional cash on cash: 6.72%

Airbnb Rental Income: $null

Traditional Rental Income: $1275

Airbnb ROI: N/A

Traditional ROI: 6.72%

146 Jackson Street

Manistee, MI

3 beds | 2 baths | 1,516 sq.ft.

$235,000

Airbnb cash on cash: N/A

Traditional cash on cash: 5.74%

Airbnb Rental Income: $null

Traditional Rental Income: $1911

Airbnb ROI: N/A

Traditional ROI: 5.74%

304 1st Avenue

Manistee, MI

4 beds | 2 baths | 1,413 sq.ft.

$284,000

Airbnb cash on cash: N/A

Traditional cash on cash: 5.53%

Airbnb Rental Income: $null

Traditional Rental Income: $2184

Airbnb ROI: N/A

Traditional ROI: 5.53%

3800 Grant Highway

Manistee, MI

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

$265,000

Airbnb cash on cash: N/A

Traditional cash on cash: 5.83%

Airbnb Rental Income: $null

Traditional Rental Income: $2123

Airbnb ROI: N/A

Traditional ROI: 5.83%

171 Joslin Cove Drive

Manistee, MI

2 beds | 2 baths | 1,476 sq.ft.

$429,000

Airbnb cash on cash: N/A

Traditional cash on cash: 2.9%

Airbnb Rental Income: $null

Traditional Rental Income: $2457

Airbnb ROI: N/A

Traditional ROI: 2.9%

210 Cypress Street

Manistee, MI

3 beds | N/A baths | N/A

$147,000

Airbnb cash on cash: N/A

Traditional cash on cash: 6.1%

Airbnb Rental Income: $null

Traditional Rental Income: $1390

Airbnb ROI: N/A

Traditional ROI: 6.1%

3104 Steinberg Road

Manistee, MI

3 beds | 2 baths | 1,680 sq.ft.

$310,000

Airbnb cash on cash: N/A

Traditional cash on cash: 4.96%

Airbnb Rental Income: $null

Traditional Rental Income: $2156

Airbnb ROI: N/A