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
2122 Skocelas Road S Manistee, MI This 40 acre private up north getaway or hunting property, features a spacious 2,516 sq f...	2 beds \| 2 baths \| 2,516 sq.ft.	$629,900	Airbnb cash on cash: N/A Traditional cash on cash: 2.05% Airbnb Rental Income: $null Traditional Rental Income: $2416 Airbnb ROI: N/A Traditional ROI: 2.05%
1557 Ivy Lane Manistee, MI Looking for space, convenience, and a great location? This 3 bedroom, 1.5 bath stick-built...	3 beds \| 2 baths \| 1,370 sq.ft.	$159,000	Airbnb cash on cash: N/A Traditional cash on cash: 10.92% Airbnb Rental Income: $null Traditional Rental Income: $2106 Airbnb ROI: N/A Traditional ROI: 10.92%
1700 Ramona Drive Manistee, MI Beautifully maintained 4 bedroom, 3.5 bath home in a desirable and peaceful neighborhood. ...	4 beds \| 4 baths \| 2,860 sq.ft.	$449,000	Airbnb cash on cash: N/A Traditional cash on cash: 6.13% Airbnb Rental Income: $null Traditional Rental Income: $3505 Airbnb ROI: N/A Traditional ROI: 6.13%
217 5th Avenue Manistee, MI This 3-bedroom, 2-full bath home offers 1,856 sq ft of comfort just one block from the Man...	3 beds \| 2 baths \| 1,856 sq.ft.	$245,000	Airbnb cash on cash: N/A Traditional cash on cash: 8.01% Airbnb Rental Income: $null Traditional Rental Income: $2429 Airbnb ROI: N/A Traditional ROI: 8.01%
12438 Caberfae Hwy Manistee, MI Up North Living on 5+ Acres This charming 2-bedroom, 1-bath home sits on over 5 acres...	2 beds \| 1 baths \| 1,018 sq.ft.	$233,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.82% Airbnb Rental Income: $null Traditional Rental Income: $1503 Airbnb ROI: N/A Traditional ROI: 3.82%
418 5th Street Manistee, MI Charming Post-Victorian Home with Historic Ties to Manistee's Past Step into a piece of M...	3 beds \| 2 baths \| 1,856 sq.ft.	$289,900	Airbnb cash on cash: N/A Traditional cash on cash: 5.92% Airbnb Rental Income: $null Traditional Rental Income: $2398 Airbnb ROI: N/A Traditional ROI: 5.92%
3800 Grant Highway Manistee, MI 3 bed 2 bath farmhouse on over 4 acres completely remodeled! Brand new furnace and AC , w...	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%
2264 Revolt Road Manistee, MI Updated 3-Bedroom Home on 40 Acres - Just North of Manistee. Enjoy space, privacy, & conv...	3 beds \| 1 baths \| 1,032 sq.ft.	$329,000	Airbnb cash on cash: N/A Traditional cash on cash: 2.69% Airbnb Rental Income: $null Traditional Rental Income: $1606 Airbnb ROI: N/A Traditional ROI: 2.69%
115 Mckee Street Manistee, MI Charming, Renovated 3-Bedroom Home with Historic Firehouse Barn Near Lake Michigan! Mov...	3 beds \| 2 baths \| 1,942 sq.ft.	$235,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.71% Airbnb Rental Income: $null Traditional Rental Income: $1448 Airbnb ROI: N/A Traditional ROI: 3.71%
1972 Pine Ridge Drive Manistee, MI Well maintained 3 Bedroom 3 Bathroom condo located at the Pine Ridge Condominiums in desir...	3 beds \| 3 baths \| 2,162 sq.ft.	$379,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.16% Airbnb Rental Income: $null Traditional Rental Income: $3070 Airbnb ROI: N/A Traditional ROI: 5.16%
602 Fairview Avenue Manistee, MI This nice 3 bedroom 1and a half bath home is ready for you to move in and enjoy. Located i...	3 beds \| 2 baths \| 1,565 sq.ft.	$214,900	Airbnb cash on cash: N/A Traditional cash on cash: 7.12% Airbnb Rental Income: $null Traditional Rental Income: $2109 Airbnb ROI: N/A Traditional ROI: 7.12%
210 Cypress Street Manistee, MI Duplex in the city of Manistee located on Cypress St. This property is 4 blocks from Lake...	N/A beds \| N/A baths \| N/A	$149,000	Airbnb cash on cash: N/A Traditional cash on cash: 6% Airbnb Rental Income: $null Traditional Rental Income: $1390 Airbnb ROI: N/A Traditional ROI: 6%
3202 Old Stronach Road Manistee, MI Escape to your private sanctuary! This meticulously updated three-bedroom home sits on a s...	3 beds \| 1 baths \| 2,014 sq.ft.	$335,000	Airbnb cash on cash: N/A Traditional cash on cash: 1.27% Airbnb Rental Income: $null Traditional Rental Income: $1242 Airbnb ROI: N/A Traditional ROI: 1.27%
721 Merkey Road W Manistee, MI This 2300 sq ft home has had a total revamp, situated on a quiet lot just over a half acre...	4 beds \| 3 baths \| 2,304 sq.ft.	$250,000	Airbnb cash on cash: N/A Traditional cash on cash: 8.82% Airbnb Rental Income: $null Traditional Rental Income: $2895 Airbnb ROI: N/A Traditional ROI: 8.82%
10856 Pine Creek Road Manistee, MI Through no fault of it's own, this property is active again, due to buyer's contingency no...	2 beds \| 1 baths \| 600 sq.ft.	$207,899	Airbnb cash on cash: N/A Traditional cash on cash: 3.95% Airbnb Rental Income: $null Traditional Rental Income: $1372 Airbnb ROI: N/A Traditional ROI: 3.95%
2346 Main Street Manistee, MI Walk into this Remarkable well Built Home Offering Main Level Living 4Beds/1spacious Bath....	4 beds \| 1 baths \| 3,000 sq.ft.	$225,000	Airbnb cash on cash: N/A Traditional cash on cash: 7.06% Airbnb Rental Income: $null Traditional Rental Income: $1992 Airbnb ROI: N/A Traditional ROI: 7.06%
3984 Linke Road Manistee, MI Embrace nature on 10 wooded acres with this 2018-built 3-bedroom, 2-bath home nestled betw...	3 beds \| 2 baths \| 1,680 sq.ft.	$459,900	Airbnb cash on cash: N/A Traditional cash on cash: 3.65% Airbnb Rental Income: $null Traditional Rental Income: $2536 Airbnb ROI: N/A Traditional ROI: 3.65%
2840 Crescent Beach Road Manistee, MI Historic Waterfront Home on Portage Lake with Access to Lake Michigan.Rare opportunity to ...	2 beds \| 2 baths \| 1,176 sq.ft.	$1,600,000	Airbnb cash on cash: N/A Traditional cash on cash: -0.69% Airbnb Rental Income: $null Traditional Rental Income: $1468 Airbnb ROI: N/A Traditional ROI: -0.69%
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 \| 3 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%
94 Charter Court Manistee, MI Best of all worlds! A condo in Harbor Village in Manistee offers you maintenance free owne...	3 beds \| 3 baths \| 1,863 sq.ft.	$490,000	Airbnb cash on cash: N/A Traditional cash on cash: 2.12% Airbnb Rental Income: $null Traditional Rental Income: $2559 Airbnb ROI: N/A Traditional ROI: 2.12%
299 5th Avenue Manistee, MI MOTIVATED SELLER! Discover the perfect blend of charm and location in this delightful 3-be...	5 beds \| 2 baths \| 1,740 sq.ft.	$269,900	Airbnb cash on cash: N/A Traditional cash on cash: 7.65% Airbnb Rental Income: $null Traditional Rental Income: $2548 Airbnb ROI: N/A Traditional ROI: 7.65%
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%
537 Mee Street Manistee, MI Built in 2012, this 3 bedroom 3 bathroom home in Filer City is a relatively new build. Ele...	3 beds \| 3 baths \| 1,788 sq.ft.	$240,000	Airbnb cash on cash: N/A Traditional cash on cash: 9.6% Airbnb Rental Income: $null Traditional Rental Income: $2625 Airbnb ROI: N/A Traditional ROI: 9.6%
5871 Chippewa Hwy Manistee, MI Country living at its finest with about 5 acres! This home has 4 bedrooms and 2 bathrooms....	4 beds \| 2 baths \| 2,400 sq.ft.	$375,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.81% Airbnb Rental Income: $null Traditional Rental Income: $2749 Airbnb ROI: N/A Traditional ROI: 5.81%
1514 Main Street Manistee, MI Discover what is possible on Main Street! This well maintained home is looking for it's n...	2 beds \| 1 baths \| 1,752 sq.ft.	$105,000	Airbnb cash on cash: N/A Traditional cash on cash: 11.96% Airbnb Rental Income: $null Traditional Rental Income: $1553 Airbnb ROI: N/A Traditional ROI: 11.96%
5518 Caberfae Highway Manistee, MI This 2 bed 1.5 bath home sits on 14 acres only 5 minutes from Meijer, Munson Hospital and ...	2 beds \| 2 baths \| 1,360 sq.ft.	$315,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.5% Airbnb Rental Income: $null Traditional Rental Income: $1995 Airbnb ROI: N/A Traditional ROI: 4.5%
86 Charter Court Manistee, MI Harbor Village at Manistee Beach! Overlook the marina from the living room, primary bedro...	2 beds \| 3 baths \| 1,810 sq.ft.	$478,500	Airbnb cash on cash: N/A Traditional cash on cash: 2.61% Airbnb Rental Income: $null Traditional Rental Income: $2763 Airbnb ROI: N/A Traditional ROI: 2.61%
4312 Old Stronach Road Manistee, MI Nestled in the midst of the Manistee Forest, is this nature lovers paradise! A 3 bedroom...	3 beds \| 2 baths \| 1,770 sq.ft.	$929,999	Airbnb cash on cash: N/A Traditional cash on cash: 1.83% Airbnb Rental Income: $null Traditional Rental Income: $2738 Airbnb ROI: N/A Traditional ROI: 1.83%
7371 Pine Creek Road Manistee, MI Stunning 114-Acre Retreat with Creek, Cabin, & Breathtaking Views Nestled in the heart of ...	3 beds \| 2 baths \| 2,700 sq.ft.	$635,000	Airbnb cash on cash: N/A Traditional cash on cash: 2.95% Airbnb Rental Income: $null Traditional Rental Income: $2942 Airbnb ROI: N/A Traditional ROI: 2.95%
2073 Gunn Road Manistee, MI Where peace and quiet meets a bustling business, step onto this 2.5 acre parcel situated i...	2 beds \| 1 baths \| 800 sq.ft.	$282,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.66% Airbnb Rental Income: $null Traditional Rental Income: $1618 Airbnb ROI: N/A Traditional ROI: 3.66%
479 Fourth Street Manistee, MI Charming 3-Bedroom Home Near Lake Michigan, this beautifully partially renovated 3-bedroom...	3 beds \| 2 baths \| 1,579 sq.ft.	$239,000	Airbnb cash on cash: N/A Traditional cash on cash: 7.05% Airbnb Rental Income: $null Traditional Rental Income: $2154 Airbnb ROI: N/A Traditional ROI: 7.05%
6754 Old US-31 Manistee, MI History & Art combine in this 1910 cement Block building. This rare home has hand crafted ...	2 beds \| 2 baths \| 3,600 sq.ft.	$299,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.87% Airbnb Rental Income: $null Traditional Rental Income: $1933 Airbnb ROI: N/A Traditional ROI: 4.87%
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.	$214,900	Airbnb cash on cash: N/A Traditional cash on cash: 6.27% Airbnb Rental Income: $null Traditional Rental Income: $1591 Airbnb ROI: N/A Traditional ROI: 6.27%
3801 Lakeshore Drive Manistee, MI Welcome to this beautifully updated contemporary lakefront retreat in the much sought-afte...	5 beds \| 4 baths \| 2,952 sq.ft.	$1,399,000	Airbnb cash on cash: N/A Traditional cash on cash: 2.06% Airbnb Rental Income: $null Traditional Rental Income: $4665 Airbnb ROI: N/A Traditional ROI: 2.06%
70 Spinnaker Drive Manistee, MI Beautifully maintained 2 bed, 2.5 bath end-unit condo in Harbor Village! This light-filled...	2 beds \| 3 baths \| 1,220 sq.ft.	$390,000	Airbnb cash on cash: N/A Traditional cash on cash: 2.08% Airbnb Rental Income: $null Traditional Rental Income: $2093 Airbnb ROI: N/A Traditional ROI: 2.08%
47 Arthur Street Manistee, MI Welcome to Your Dream Waterfront Retreat! This stunning 3-bedroom, 2-bath upper-level con...	3 beds \| 2 baths \| 1,350 sq.ft.	$384,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.16% Airbnb Rental Income: $null Traditional Rental Income: $2319 Airbnb ROI: N/A Traditional ROI: 3.16%
200 National Drive Manistee, MI Now offering a 2-1 interest rate buy down furnished by the seller at closing! Call for de...	4 beds \| 3 baths \| 2,800 sq.ft.	$765,000	Airbnb cash on cash: N/A Traditional cash on cash: 2.24% Airbnb Rental Income: $null Traditional Rental Income: $3527 Airbnb ROI: N/A Traditional ROI: 2.24%
819 Elm Street Manistee, MI Well maintained, four bedroom, two and a half bath home in Manistee. Updated kitchen with ...	4 beds \| 3 baths \| 1,968 sq.ft.	$374,900	Airbnb cash on cash: N/A Traditional cash on cash: 5.17% Airbnb Rental Income: $null Traditional Rental Income: $2798 Airbnb ROI: N/A Traditional ROI: 5.17%
214 Arthur Street Manistee, MI High-Visibility Investment Opportunity! This 1,944 sq. ft. versatile triplex in Manistee's...	N/A beds \| N/A baths \| N/A	$229,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.81% Airbnb Rental Income: $null Traditional Rental Income: $1655 Airbnb ROI: N/A Traditional ROI: 3.81%
470 4th Street Manistee, MI Especially nice location! Corner lot so no homes on 3 sides for privacy. Flower gardens,...	3 beds \| 2 baths \| 1,584 sq.ft.	$299,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.13% Airbnb Rental Income: $null Traditional Rental Income: $2231 Airbnb ROI: N/A Traditional ROI: 5.13%

Real Estate investment in Manistee, MI

There are 79 properties for sale in the city of Manistee . The median list price in Manistee is $299,000 and the average price per square foot is $163. In September 2025, the average monthly cash on cash return in Manistee is 5.00%. The average monthly rental income in Manistee is $2,123.

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

There are 79 investment properties available for sale in Manistee.

In 2025, 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

2122 Skocelas Road S

Manistee, MI

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

$629,900

Airbnb cash on cash: N/A

Traditional cash on cash: 2.05%

Airbnb Rental Income: $null

Traditional Rental Income: $2416

Airbnb ROI: N/A

Traditional ROI: 2.05%

1557 Ivy Lane

Manistee, MI

3 beds | 2 baths | 1,370 sq.ft.

$159,000

Airbnb cash on cash: N/A

Traditional cash on cash: 10.92%

Airbnb Rental Income: $null

Traditional Rental Income: $2106

Airbnb ROI: N/A

Traditional ROI: 10.92%

1700 Ramona Drive

Manistee, MI

4 beds | 4 baths | 2,860 sq.ft.

$449,000

Airbnb cash on cash: N/A

Traditional cash on cash: 6.13%

Airbnb Rental Income: $null

Traditional Rental Income: $3505

Airbnb ROI: N/A

Traditional ROI: 6.13%

217 5th Avenue

Manistee, MI

3 beds | 2 baths | 1,856 sq.ft.

$245,000

Airbnb cash on cash: N/A

Traditional cash on cash: 8.01%

Airbnb Rental Income: $null

Traditional Rental Income: $2429

Airbnb ROI: N/A

Traditional ROI: 8.01%

12438 Caberfae Hwy

Manistee, MI

2 beds | 1 baths | 1,018 sq.ft.

$233,000

Airbnb cash on cash: N/A

Traditional cash on cash: 3.82%

Airbnb Rental Income: $null

Traditional Rental Income: $1503

Airbnb ROI: N/A

Traditional ROI: 3.82%

418 5th Street

Manistee, MI

3 beds | 2 baths | 1,856 sq.ft.

$289,900

Airbnb cash on cash: N/A

Traditional cash on cash: 5.92%

Airbnb Rental Income: $null

Traditional Rental Income: $2398

Airbnb ROI: N/A

Traditional ROI: 5.92%

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%

2264 Revolt Road

Manistee, MI

3 beds | 1 baths | 1,032 sq.ft.

$329,000

Airbnb cash on cash: N/A

Traditional cash on cash: 2.69%

Airbnb Rental Income: $null

Traditional Rental Income: $1606

Airbnb ROI: N/A