Real Estate Investment Properties for Sale in Michigamme, MI

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

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

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
19495 S Nestoria Michigamme, MI Discover your own secluded wilderness paradise on this sprawling 400-acre hunting camp, ne...	4 beds \| N/A baths \| 748 sq.ft.	$575,000	Airbnb cash on cash: N/A Traditional cash on cash: 1.32% Airbnb Rental Income: $null Traditional Rental Income: $2162 Airbnb ROI: N/A Traditional ROI: 1.32%
1 Ramsey Island Michigamme, MI am pleased to present a unique opportunity to own a private island retreat in the wild and...	4 beds \| 2 baths \| 3,523 sq.ft.	$3,000,000	Airbnb cash on cash: N/A Traditional cash on cash: -0.38% Airbnb Rental Income: $null Traditional Rental Income: $2808 Airbnb ROI: N/A Traditional ROI: -0.38%
TBD Loon Rd Michigamme, MI TBD Loon Rd, Michigamme, MI 49919 \| Other	N/A beds \| N/A baths \| N/A	$550,000	Airbnb cash on cash: N/A Traditional cash on cash: -1.03% Airbnb Rental Income: $null Traditional Rental Income: $865 Airbnb ROI: N/A Traditional ROI: -1.03%
Off Indian Rd Michigamme, MI Off Indian Rd, Michigamme, MI 49861 \| Other	N/A beds \| N/A baths \| N/A	$450,000	Airbnb cash on cash: N/A Traditional cash on cash: -1.07% Airbnb Rental Income: $null Traditional Rental Income: $708 Airbnb ROI: N/A Traditional ROI: -1.07%
Off Indian Lake Rd Michigamme, MI Off Indian Lake Rd, Michigamme, MI 49861 \| Other	N/A beds \| N/A baths \| N/A	$450,000	Airbnb cash on cash: N/A Traditional cash on cash: -1.07% Airbnb Rental Income: $null Traditional Rental Income: $708 Airbnb ROI: N/A Traditional ROI: -1.07%
Lot 7 Fence Rd Michigamme, MI Lot 7 Fence Rd, Michigamme, MI 49861 \| Other	N/A beds \| N/A baths \| N/A	$212,000	Airbnb cash on cash: N/A Traditional cash on cash: 0.31% Airbnb Rental Income: $null Traditional Rental Income: $708 Airbnb ROI: N/A Traditional ROI: 0.31%
24773 Pine Michigamme, MI Nestled along the sandy shoreline of Ruth Lake, this inviting cottage offers a peaceful se...	2 beds \| 3 baths \| 1,495 sq.ft.	$450,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.86% Airbnb Rental Income: $null Traditional Rental Income: $2784 Airbnb ROI: N/A Traditional ROI: 3.86%

Real Estate investment in Michigamme, MI

There are 7 properties for sale in the city of Michigamme . The median list price in Michigamme is $450,000 and the average price per square foot is $458. In March 2026, the average monthly cash on cash return in Michigamme is N/A%. The average monthly rental income in Michigamme is $865.

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

There are 7 investment properties available for sale in Michigamme.

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

The ROI for Long-Term is higher than the Short-Term in Michigamme with average rental income of $865.

Your search for investment property begins and ends here

Investment Property for Sale in Michigamme, MI

19495 S Nestoria

Michigamme, MI

4 beds | N/A baths | 748 sq.ft.

$575,000

Airbnb cash on cash: N/A

Traditional cash on cash: 1.32%

Airbnb Rental Income: $null

Traditional Rental Income: $2162

Airbnb ROI: N/A

Traditional ROI: 1.32%

1 Ramsey Island

Michigamme, MI

4 beds | 2 baths | 3,523 sq.ft.

$3,000,000

Airbnb cash on cash: N/A

Traditional cash on cash: -0.38%

Airbnb Rental Income: $null

Traditional Rental Income: $2808

Airbnb ROI: N/A

Traditional ROI: -0.38%

TBD Loon Rd

Michigamme, MI

N/A beds | N/A baths | N/A

$550,000

Airbnb cash on cash: N/A

Traditional cash on cash: -1.03%

Airbnb Rental Income: $null

Traditional Rental Income: $865

Airbnb ROI: N/A

Traditional ROI: -1.03%

Off Indian Rd

Michigamme, MI

N/A beds | N/A baths | N/A

$450,000

Airbnb cash on cash: N/A

Traditional cash on cash: -1.07%

Airbnb Rental Income: $null

Traditional Rental Income: $708

Airbnb ROI: N/A

Traditional ROI: -1.07%

Off Indian Lake Rd

Michigamme, MI

N/A beds | N/A baths | N/A

$450,000

Airbnb cash on cash: N/A

Traditional cash on cash: -1.07%

Airbnb Rental Income: $null

Traditional Rental Income: $708

Airbnb ROI: N/A

Traditional ROI: -1.07%

Lot 7 Fence Rd

Michigamme, MI

N/A beds | N/A baths | N/A

$212,000

Airbnb cash on cash: N/A

Traditional cash on cash: 0.31%

Airbnb Rental Income: $null

Traditional Rental Income: $708

Airbnb ROI: N/A

Traditional ROI: 0.31%

24773 Pine

Michigamme, MI

2 beds | 3 baths | 1,495 sq.ft.

$450,000

Airbnb cash on cash: N/A

Traditional cash on cash: 3.86%

Airbnb Rental Income: $null

Traditional Rental Income: $2784

Airbnb ROI: N/A

Traditional ROI: 3.86%

Real Estate investment in Michigamme, MI

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

How many investment properties are available for sale in Michigamme?

Which neighborhoods in Michigamme to invest in 2026?

Long-Term vs. Short-Term Rentals in Michigamme, Michigan: Which will earn the best returns?

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