Real Estate Investment Properties for Sale in Munising, MI

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

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

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
221 W Superior St Munising, MI Rare Opportunity in the Heart of Munising - Just 4 blocks from the shores of breathtaking ...	3 beds \| 1 baths \| 1,557 sq.ft.	$265,000	Airbnb cash on cash: 3.97% Traditional cash on cash: 6.87% Airbnb Rental Income: $2036 Traditional Rental Income: $2234 Airbnb ROI: 3.97% Traditional ROI: 6.87%
3974 N Hayward (Access To Angel Island) Rd Munising, MI PRIVATE ISLAND FOR SALE - WITH TURN-KEY HOME, IN THE WILD AND SCENIC UPPER PENINSULA OF MI...	4 beds \| 3 baths \| 2,079 sq.ft.	$1,495,000	Airbnb cash on cash: -1.04% Traditional cash on cash: -0.97% Airbnb Rental Income: $2820 Traditional Rental Income: $2260 Airbnb ROI: -1.04% Traditional ROI: -0.97%
105 Chestnut St Munising, MI Great single-family home for new families and individuals looking to move to the Munising ...	3 beds \| 1 baths \| 961 sq.ft.	$185,000	Airbnb cash on cash: 7.88% Traditional cash on cash: 7.52% Airbnb Rental Income: $2036 Traditional Rental Income: $1459 Airbnb ROI: 7.88% Traditional ROI: 7.52%
220 W Munising Ave Munising, MI Great Investment opportunity! Located in the heart of Munising, this 3 bedroom 1 bath hom...	6 beds \| 3 baths \| 2,472 sq.ft.	$470,000	Airbnb cash on cash: 2.28% Traditional cash on cash: 2.19% Airbnb Rental Income: $2036 Traditional Rental Income: $1482 Airbnb ROI: 2.28% Traditional ROI: 2.19%
3974 N Hayward Road Munising, MI PRIVATE ISLAND FOR SALE - WITH TURN-KEY HOME, IN THE WILD AND SCENIC UPPER PENINSULA OF MI...	4 beds \| N/A baths \| 3,423 sq.ft.	$1,770,000	Airbnb cash on cash: -1.27% Traditional cash on cash: -1.32% Airbnb Rental Income: $2820 Traditional Rental Income: $2094 Airbnb ROI: -1.27% Traditional ROI: -1.32%
E 10222 E County Road H-58 Munising, MI Any Golf Lover will love the location of this impeccably maintained home and 1.87 acres pr...	2 beds \| 1 baths \| 2,159 sq.ft.	$429,000	Airbnb cash on cash: 0.86% Traditional cash on cash: 2.66% Airbnb Rental Income: $1379 Traditional Rental Income: $1687 Airbnb ROI: 0.86% Traditional ROI: 2.66%
N3443 N3443 16 Mile Lake Rd Munising, MI Welcome to your turnkey Upper Peninsula retreat! This fully remodeled 572-square-foot home...	1 beds \| 1 baths \| 572 sq.ft.	$199,000	Airbnb cash on cash: 3.08% Traditional cash on cash: 3.67% Airbnb Rental Income: $1319 Traditional Rental Income: $1023 Airbnb ROI: 3.08% Traditional ROI: 3.67%
7753 Evergreen Drive Munising, MI NEW ASKING PRICE for this waterfront home just 5 minutes from Munising and across the stre...	3 beds \| 3 baths \| 2,836 sq.ft.	$379,000	Airbnb cash on cash: 2.85% Traditional cash on cash: 8.09% Airbnb Rental Income: $2036 Traditional Rental Income: $3371 Airbnb ROI: 2.85% Traditional ROI: 8.09%
N6355 Alger Rd Munising, MI Privacy abounds on this exceptional 11+ acre property featuring a beautifully maintained 3...	3 beds \| 2 baths \| 2,313 sq.ft.	$1,750,000	Airbnb cash on cash: -0.15% Traditional cash on cash: 0.9% Airbnb Rental Income: $2036 Traditional Rental Income: $3227 Airbnb ROI: -0.15% Traditional ROI: 0.9%
130 E Onota St Munising, MI PRICE REDUCTION on this lovely home - rich in character and architectural detail, this stu...	3 beds \| 1 baths \| 2,445 sq.ft.	$329,000	Airbnb cash on cash: 2.8% Traditional cash on cash: 6.49% Airbnb Rental Income: $2036 Traditional Rental Income: $2650 Airbnb ROI: 2.8% Traditional ROI: 6.49%
831 W Munising Ave Munising, MI Beautiful Victorian-style home overlooking Munising Bay on Lake Superior! Situated on a sp...	3 beds \| 2 baths \| 2,178 sq.ft.	$447,000	Airbnb cash on cash: 2.27% Traditional cash on cash: 5.47% Airbnb Rental Income: $2036 Traditional Rental Income: $2847 Airbnb ROI: 2.27% Traditional ROI: 5.47%
3767 Peninsula Point Rd Munising, MI Looking for room to spread out without giving up convenience? This 3-bedroom, 2-bath water...	3 beds \| 2 baths \| 1,588 sq.ft.	$525,000	Airbnb cash on cash: 1.46% Traditional cash on cash: 3.54% Airbnb Rental Income: $2036 Traditional Rental Income: $2527 Airbnb ROI: 1.46% Traditional ROI: 3.54%

Real Estate investment in Munising, MI

There are 24 properties for sale in the city of Munising . The median list price in Munising is $154,857 and the average price per square foot is $77. In August 2026, the average monthly cash on cash return in Munising is 2.00%. The average monthly rental income in Munising is $823.

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

There are 24 investment properties available for sale in Munising.

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

The ROI for Short-Term is higher than the Long-Term in Munising with average rental income of $2,036.

Your search for investment property begins and ends here

Investment Property for Sale in Munising, MI

221 W Superior St

Munising, MI

3 beds | 1 baths | 1,557 sq.ft.

$265,000

Airbnb cash on cash: 3.97%

Traditional cash on cash: 6.87%

Airbnb Rental Income: $2036

Traditional Rental Income: $2234

Airbnb ROI: 3.97%

Traditional ROI: 6.87%

3974 N Hayward (Access To Angel Island) Rd

Munising, MI

4 beds | 3 baths | 2,079 sq.ft.

$1,495,000

Airbnb cash on cash: -1.04%

Traditional cash on cash: -0.97%

Airbnb Rental Income: $2820

Traditional Rental Income: $2260

Airbnb ROI: -1.04%

Traditional ROI: -0.97%

105 Chestnut St

Munising, MI

3 beds | 1 baths | 961 sq.ft.

$185,000

Airbnb cash on cash: 7.88%

Traditional cash on cash: 7.52%

Airbnb Rental Income: $2036

Traditional Rental Income: $1459

Airbnb ROI: 7.88%

Traditional ROI: 7.52%

220 W Munising Ave

Munising, MI

6 beds | 3 baths | 2,472 sq.ft.

$470,000

Airbnb cash on cash: 2.28%

Traditional cash on cash: 2.19%

Airbnb Rental Income: $2036

Traditional Rental Income: $1482

Airbnb ROI: 2.28%

Traditional ROI: 2.19%

3974 N Hayward Road

Munising, MI

4 beds | N/A baths | 3,423 sq.ft.

$1,770,000

Airbnb cash on cash: -1.27%

Traditional cash on cash: -1.32%

Airbnb Rental Income: $2820

Traditional Rental Income: $2094

Airbnb ROI: -1.27%

Traditional ROI: -1.32%

E 10222 E County Road H-58

Munising, MI

2 beds | 1 baths | 2,159 sq.ft.

$429,000

Airbnb cash on cash: 0.86%

Traditional cash on cash: 2.66%

Airbnb Rental Income: $1379

Traditional Rental Income: $1687

Airbnb ROI: 0.86%

Traditional ROI: 2.66%

N3443 N3443 16 Mile Lake Rd

Munising, MI

1 beds | 1 baths | 572 sq.ft.

$199,000

Airbnb cash on cash: 3.08%

Traditional cash on cash: 3.67%

Airbnb Rental Income: $1319

Traditional Rental Income: $1023

Airbnb ROI: 3.08%

Traditional ROI: 3.67%

7753 Evergreen Drive

Munising, MI

3 beds | 3 baths | 2,836 sq.ft.

$379,000

Airbnb cash on cash: 2.85%

Traditional cash on cash: 8.09%

Airbnb Rental Income: $2036

Traditional Rental Income: $3371

Airbnb ROI: 2.85%