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
2102 Nelson Street Manistee, MI Step into this great home that overlooks Manistee Lake from its large, covered front porch...	4 beds \| 2 baths \| 1,734 sq.ft.	$195,000	Airbnb cash on cash: 2.41% Traditional cash on cash: 6.72% Airbnb Rental Income: $1343 Traditional Rental Income: $1728 Airbnb ROI: 2.41% Traditional ROI: 6.72%
84 Charter Court Manistee, MI Welcome to easy coastal living in this spacious 3-story, 2-bedroom, 2.5-bath condo located...	2 beds \| 3 baths \| 1,840 sq.ft.	$455,900	Airbnb cash on cash: -0.82% Traditional cash on cash: 4.46% Airbnb Rental Income: $1121 Traditional Rental Income: $3000 Airbnb ROI: -0.82% Traditional ROI: 4.46%
4455 W Fox Farm Road Manistee, MI Completely remodeled home in a desirable professional community with Lake Michigan access!...	3 beds \| 3 baths \| 3,070 sq.ft.	$749,000	Airbnb cash on cash: -0.68% Traditional cash on cash: 1.53% Airbnb Rental Income: $1228 Traditional Rental Income: $2378 Airbnb ROI: -0.68% Traditional ROI: 1.53%
700 Marlawn Drive Manistee, MI ONE-OF-A-KIND mid-century modern retreat just steps from your deeded Lake Michigan access....	3 beds \| 4 baths \| 3,640 sq.ft.	$519,000	Airbnb cash on cash: -0.59% Traditional cash on cash: 6.94% Airbnb Rental Income: $1228 Traditional Rental Income: $4489 Airbnb ROI: -0.59% Traditional ROI: 6.94%
70 Brookharbor S Manistee, MI Turnkey investment opportunity in sought-after Harbor Village! This updated 2-bedroom, 2-b...	2 beds \| 2 baths \| 955 sq.ft.	$359,900	Airbnb cash on cash: -2.79% Traditional cash on cash: -0.73% Airbnb Rental Income: $1121 Traditional Rental Income: $1443 Airbnb ROI: -2.79% Traditional ROI: -0.73%
1673 E Parkdale Avenue Manistee, MI	3 beds \| 1 baths \| 1,318 sq.ft.	$295,000	Airbnb cash on cash: 0.63% Traditional cash on cash: 1.6% Airbnb Rental Income: $1228 Traditional Rental Income: $1104 Airbnb ROI: 0.63% Traditional ROI: 1.6%
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: 0.67% Traditional cash on cash: 5.83% Airbnb Rental Income: $1228 Traditional Rental Income: $2123 Airbnb ROI: 0.67% Traditional ROI: 5.83%
524 Davis Street Manistee, MI Charming 3-bedroom home in the heart of Manistee with a large yard, full basement, and gar...	3 beds \| 1 baths \| 1,074 sq.ft.	$172,900	Airbnb cash on cash: 1.96% Traditional cash on cash: 4.06% Airbnb Rental Income: $1228 Traditional Rental Income: $1181 Airbnb ROI: 1.96% Traditional ROI: 4.06%
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: -1.36% Traditional cash on cash: 2.9% Airbnb Rental Income: $1121 Traditional Rental Income: $2457 Airbnb ROI: -1.36% Traditional ROI: 2.9%
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: -0.93% Traditional cash on cash: 5.15% Airbnb Rental Income: $1121 Traditional Rental Income: $3163 Airbnb ROI: -0.93% Traditional ROI: 5.15%
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: 2.1% Traditional cash on cash: 8.39% Airbnb Rental Income: $1228 Traditional Rental Income: $1848 Airbnb ROI: 2.1% 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: -1.47% Traditional cash on cash: 3.44% Airbnb Rental Income: $1121 Traditional Rental Income: $2352 Airbnb ROI: -1.47% Traditional ROI: 3.44%
221 5th Street Manistee, MI Investment Opportunity- Multi-Purpose Building in the City of Manistee. 2 large upper rent...	3 beds \| N/A baths \| N/A	$174,900	Airbnb cash on cash: 1.81% Traditional cash on cash: 4.59% Airbnb Rental Income: $1228 Traditional Rental Income: $1297 Airbnb ROI: 1.81% Traditional ROI: 4.59%
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: 0.63% Traditional cash on cash: 2.47% Airbnb Rental Income: $1228 Traditional Rental Income: $1303 Airbnb ROI: 0.63% 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: 2.68% Traditional cash on cash: 4.67% Airbnb Rental Income: $1121 Traditional Rental Income: $1007 Airbnb ROI: 2.68% 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 \| 3 baths \| 1,756 sq.ft.	$440,000	Airbnb cash on cash: -2.08% Traditional cash on cash: 0.94% Airbnb Rental Income: $1121 Traditional Rental Income: $1990 Airbnb ROI: -2.08% Traditional ROI: 0.94%
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: 1.07% Traditional cash on cash: 6.51% Airbnb Rental Income: $897 Traditional Rental Income: $1591 Airbnb ROI: 1.07% 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: -1.52% Traditional cash on cash: 3.12% Airbnb Rental Income: $1343 Traditional Rental Income: $3527 Airbnb ROI: -1.52% Traditional ROI: 3.12%
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: 2.63% Traditional cash on cash: 8.33% Airbnb Rental Income: $1228 Traditional Rental Income: $1652 Airbnb ROI: 2.63% Traditional ROI: 8.33%
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: 2.41% Traditional cash on cash: 6.23% Airbnb Rental Income: $1228 Traditional Rental Income: $1542 Airbnb ROI: 2.41% 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: -1.42% Traditional cash on cash: 1.88% Airbnb Rental Income: $1228 Traditional Rental Income: $3447 Airbnb ROI: -1.42% 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.	$995,000	Airbnb cash on cash: -0.47% Traditional cash on cash: 3.47% Airbnb Rental Income: $1343 Traditional Rental Income: $4574 Airbnb ROI: -0.47% Traditional ROI: 3.47%
149 Jackson Street Manistee, MI Wonderful remodeled 5 bedroom home; every surfaced touched to high standards. Even the gar...	5 beds \| 2 baths \| 2,392 sq.ft.	$349,900	Airbnb cash on cash: 1.14% Traditional cash on cash: 5.57% Airbnb Rental Income: $1670 Traditional Rental Income: $2659 Airbnb ROI: 1.14% Traditional ROI: 5.57%
292 6th Avenue Manistee, MI Welcome to 292 6th Ave in the heart of Manistee, where historic charm meets modern comfort...	3 beds \| 1 baths \| 1,330 sq.ft.	$174,900	Airbnb cash on cash: 1.59% Traditional cash on cash: 6.51% Airbnb Rental Income: $1228 Traditional Rental Income: $1654 Airbnb ROI: 1.59% Traditional ROI: 6.51%
259 5th Avenue Manistee, MI Motivated Seller ,Walk to Lake Michigan & Downtown Manistee! Bring Offers! Great opportuni...	3 beds \| 2 baths \| 2,010 sq.ft.	$259,900	Airbnb cash on cash: -0.18% Traditional cash on cash: 6.81% Airbnb Rental Income: $1228 Traditional Rental Income: $2549 Airbnb ROI: -0.18% Traditional ROI: 6.81%
112 Hancock Street Manistee, MI Investment Opportunity within walking distance to Downtown Manistee. Property has upstairs...	4 beds \| N/A baths \| N/A	$174,900	Airbnb cash on cash: 2.4% Traditional cash on cash: 10.84% Airbnb Rental Income: $1343 Traditional Rental Income: $2336 Airbnb ROI: 2.4% Traditional ROI: 10.84%
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: 3.76% Traditional cash on cash: 11.68% Airbnb Rental Income: $1228 Traditional Rental Income: $1824 Airbnb ROI: 3.76% 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: 2.24% Traditional cash on cash: 6.26% Airbnb Rental Income: $1121 Traditional Rental Income: $1378 Airbnb ROI: 2.24% Traditional ROI: 6.26%
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: 3.01% Traditional cash on cash: 8.11% Airbnb Rental Income: $1228 Traditional Rental Income: $1613 Airbnb ROI: 3.01% 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.	$369,000	Airbnb cash on cash: 0.69% Traditional cash on cash: 5.14% Airbnb Rental Income: $1343 Traditional Rental Income: $2471 Airbnb ROI: 0.69% Traditional ROI: 5.14%
328 4th Street Manistee, MI Nice 3 bedroom home conveniently located to Historic Downtown Manistee, with shopping, res...	3 beds \| 1 baths \| 950 sq.ft.	$185,000	Airbnb cash on cash: 2.37% Traditional cash on cash: 3.9% Airbnb Rental Income: $1228 Traditional Rental Income: $1104 Airbnb ROI: 2.37% Traditional ROI: 3.9%
63 E Piney Road Manistee, MI This is more than a just lake home it's a private estate with multiple homes that celebrat...	1 beds \| 1 baths \| 1,717 sq.ft.	$990,000	Airbnb cash on cash: -0.71% Traditional cash on cash: 0.57% Airbnb Rental Income: $897 Traditional Rental Income: $1739 Airbnb ROI: -0.71% Traditional ROI: 0.57%
317 5th Avenue unit: 4 Manistee, MI This 2 bedroom 1 bath home is ready for you to move your furniture in and relax. Features ...	2 beds \| 1 baths \| 1,000 sq.ft.	$269,000	Airbnb cash on cash: -0.51% Traditional cash on cash: 2.65% Airbnb Rental Income: $1121 Traditional Rental Income: $1549 Airbnb ROI: -0.51% Traditional ROI: 2.65%
13 Duffy Street Manistee, MI Remodeled 3 bedroom, 2 bath home, 3 blocks to Lake Michigan; close to 5th Ave Beach, North...	3 beds \| 2 baths \| 1,400 sq.ft.	$220,000	Airbnb cash on cash: 1.7% Traditional cash on cash: 7.3% Airbnb Rental Income: $1228 Traditional Rental Income: $2000 Airbnb ROI: 1.7% Traditional ROI: 7.3%
153 Fourteenth Street Manistee, MI Add the finishing touches and make this house your home! 3-Bedroom with Major Updates & Ex...	3 beds \| 1 baths \| 1,000 sq.ft.	$120,000	Airbnb cash on cash: 4.42% Traditional cash on cash: 9.24% Airbnb Rental Income: $1228 Traditional Rental Income: $1392 Airbnb ROI: 4.42% Traditional ROI: 9.24%

Real Estate investment in Manistee, MI

There are 41 properties for sale in the city of Manistee . The median list price in Manistee is $239,000 and the average price per square foot is $145. In March 2026, the average monthly cash on cash return in Manistee is 3.00%. The average monthly rental income in Manistee is $1,703.

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

There are 41 investment properties available for sale in Manistee.

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

The ROI for Long-Term is higher than the Short-Term in Manistee with average rental income of $1,703.

Your search for investment property begins and ends here

Investment Property for Sale in Manistee, MI

2102 Nelson Street

Manistee, MI

4 beds | 2 baths | 1,734 sq.ft.

$195,000

Airbnb cash on cash: 2.41%

Traditional cash on cash: 6.72%

Airbnb Rental Income: $1343

Traditional Rental Income: $1728

Airbnb ROI: 2.41%

Traditional ROI: 6.72%

84 Charter Court

Manistee, MI

2 beds | 3 baths | 1,840 sq.ft.

$455,900

Airbnb cash on cash: -0.82%

Traditional cash on cash: 4.46%

Airbnb Rental Income: $1121

Traditional Rental Income: $3000

Airbnb ROI: -0.82%

Traditional ROI: 4.46%

4455 W Fox Farm Road

Manistee, MI

3 beds | 3 baths | 3,070 sq.ft.

$749,000

Airbnb cash on cash: -0.68%

Traditional cash on cash: 1.53%

Airbnb Rental Income: $1228

Traditional Rental Income: $2378

Airbnb ROI: -0.68%

Traditional ROI: 1.53%

700 Marlawn Drive

Manistee, MI

3 beds | 4 baths | 3,640 sq.ft.

$519,000

Airbnb cash on cash: -0.59%

Traditional cash on cash: 6.94%

Airbnb Rental Income: $1228

Traditional Rental Income: $4489

Airbnb ROI: -0.59%

Traditional ROI: 6.94%

70 Brookharbor S

Manistee, MI

2 beds | 2 baths | 955 sq.ft.

$359,900

Airbnb cash on cash: -2.79%

Traditional cash on cash: -0.73%

Airbnb Rental Income: $1121

Traditional Rental Income: $1443

Airbnb ROI: -2.79%

Traditional ROI: -0.73%

1673 E Parkdale Avenue

Manistee, MI

3 beds | 1 baths | 1,318 sq.ft.

$295,000

Airbnb cash on cash: 0.63%

Traditional cash on cash: 1.6%

Airbnb Rental Income: $1228

Traditional Rental Income: $1104

Airbnb ROI: 0.63%

Traditional ROI: 1.6%

3800 Grant Highway

Manistee, MI

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

$265,000

Airbnb cash on cash: 0.67%

Traditional cash on cash: 5.83%

Airbnb Rental Income: $1228

Traditional Rental Income: $2123

Airbnb ROI: 0.67%

Traditional ROI: 5.83%

524 Davis Street

Manistee, MI

3 beds | 1 baths | 1,074 sq.ft.

$172,900

Airbnb cash on cash: 1.96%

Traditional cash on cash: 4.06%

Airbnb Rental Income: $1228

Traditional Rental Income: $1181

Airbnb ROI: 1.96%