Real Estate Investment Properties for Sale in Tawas City, MI

Looking for investment property in Tawas City, MI with high ROI ?

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

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
915 W Lake St Tawas City, MI Beautiful townhouse with the best views not only from the living room/ kitchen area, but a...	2 beds \| 2 baths \| 1,428 sq.ft.	$399,900	Airbnb cash on cash: -2.33% Traditional cash on cash: 3.37% Airbnb Rental Income: $788 Traditional Rental Income: $2603 Airbnb ROI: -2.33% Traditional ROI: 3.37%
2423 West Dr Tawas City, MI Nestled on a spacious lot in desirable Tawas City, this beautifully updated 4 bedroom, 2 b...	4 beds \| 2 baths \| 1,512 sq.ft.	$295,000	Airbnb cash on cash: 2.97% Traditional cash on cash: 7.63% Airbnb Rental Income: $1938 Traditional Rental Income: $2718 Airbnb ROI: 2.97% Traditional ROI: 7.63%
915 W Lake St #2 Tawas City, MI Beautiful townhouse with the best views not only from the living room/ kitchen area, but a...	2 beds \| 2 baths \| 1,428 sq.ft.	$399,900	Airbnb cash on cash: -1.97% Traditional cash on cash: 3.73% Airbnb Rental Income: $788 Traditional Rental Income: $2604 Airbnb ROI: -1.97% Traditional ROI: 3.73%
1190 Meadow Rd Tawas City, MI Beautiful country setting on 3 acres offering plenty of space for gardening, pets, and out...	4 beds \| 1 baths \| 1,539 sq.ft.	$199,900	Airbnb cash on cash: 5% Traditional cash on cash: 9.59% Airbnb Rental Income: $1938 Traditional Rental Income: $2336 Airbnb ROI: 5% Traditional ROI: 9.59%
1258 N Plank Road Tawas City, MI Charming country retreat at 1258 N. Plank Road! Escape to your own slice of paradise on t...	3 beds \| 2 baths \| 1,444 sq.ft.	$244,000	Airbnb cash on cash: 1.39% Traditional cash on cash: 7.73% Airbnb Rental Income: $1200 Traditional Rental Income: $2273 Airbnb ROI: 1.39% Traditional ROI: 7.73%
716 Beech Tawas City, MI What a delightful home! Remodeled top to bottom and a lovely, private yard to match! Thi...	3 beds \| 1 baths \| 1,080 sq.ft.	$189,000	Airbnb cash on cash: 1.48% Traditional cash on cash: 6.86% Airbnb Rental Income: $1200 Traditional Rental Income: $1778 Airbnb ROI: 1.48% Traditional ROI: 6.86%
733 Monument Rd Tawas City, MI Thoughtfully updated home with easy main-floor living, this peaceful property offers an op...	3 beds \| 2 baths \| 1,584 sq.ft.	$265,000	Airbnb cash on cash: 1.57% Traditional cash on cash: 6.66% Airbnb Rental Income: $1200 Traditional Rental Income: $2085 Airbnb ROI: 1.57% Traditional ROI: 6.66%
715 Monument Rd Tawas City, MI Enjoy the perfect blend of peaceful country living and close-to-town convenience in this i...	3 beds \| 1 baths \| 1,232 sq.ft.	$170,000	Airbnb cash on cash: 2.77% Traditional cash on cash: 10.46% Airbnb Rental Income: $1200 Traditional Rental Income: $2057 Airbnb ROI: 2.77% Traditional ROI: 10.46%
1471 Keystone Tawas City, MI 19.5 Acres, mostly open, level and well maintained. Almost 2 acre âLâ shaped pond that...	3 beds \| 2 baths \| 1,755 sq.ft.	$349,900	Airbnb cash on cash: 0.66% Traditional cash on cash: 6.62% Airbnb Rental Income: $1200 Traditional Rental Income: $2769 Airbnb ROI: 0.66% Traditional ROI: 6.62%
214 5th Ave Tawas City, MI Looking for an immaculate move in ready home in Tawas City, this is the place. Come see th...	3 beds \| 1 baths \| 1,296 sq.ft.	$177,900	Airbnb cash on cash: 2.63% Traditional cash on cash: 10.46% Airbnb Rental Income: $1200 Traditional Rental Income: $2137 Airbnb ROI: 2.63% Traditional ROI: 10.46%
444 Wilber Rd Tawas City, MI This well-built 1950s beautiful brick home sits on just over 1 acre and offers modern upda...	3 beds \| 1 baths \| 1,633 sq.ft.	$349,900	Airbnb cash on cash: 1.04% Traditional cash on cash: 4.98% Airbnb Rental Income: $1200 Traditional Rental Income: $2106 Airbnb ROI: 1.04% Traditional ROI: 4.98%
N/A Andrews Rd Tawas City, MI N/A Andrews Rd, Tawas City, MI 48763 \| Other	N/A beds \| N/A baths \| N/A	$139,000	Airbnb cash on cash: -3.26% Traditional cash on cash: 2.92% Airbnb Rental Income: $218 Traditional Rental Income: $816 Airbnb ROI: -3.26% Traditional ROI: 2.92%
-0- M-55 #17.4 Tawas City, MI -0- M-55 #17.4, Tawas City, MI 48763 \| Other	N/A beds \| N/A baths \| N/A	$219,000	Airbnb cash on cash: -3% Traditional cash on cash: 0.95% Airbnb Rental Income: $218 Traditional Rental Income: $813 Airbnb ROI: -3% Traditional ROI: 0.95%
00 Ninth Ave Tawas City, MI 00 Ninth Ave, Tawas City, MI 48763 \| Other	N/A beds \| N/A baths \| N/A	$110,000	Airbnb cash on cash: -3.44% Traditional cash on cash: 5.11% Airbnb Rental Income: $218 Traditional Rental Income: $903 Airbnb ROI: -3.44% Traditional ROI: 5.11%
1647 N Huron Road Tawas City, MI HOME on HURON RD! Discover the perfect blend of Great Lakes living and country freedom. T...	2 beds \| 1 baths \| 1,275 sq.ft.	$229,900	Airbnb cash on cash: -0.79% Traditional cash on cash: 6.19% Airbnb Rental Income: $788 Traditional Rental Income: $1988 Airbnb ROI: -0.79% Traditional ROI: 6.19%
300 Margo St Lot : 42+ Tawas City, MI 300 Margo St Lot : 42+, Tawas City, MI 48763 \| Single Family Residential	5 beds \| 3 baths \| 2,570 sq.ft.	$289,000	Airbnb cash on cash: N/A Traditional cash on cash: 8.88% Airbnb Rental Income: $null Traditional Rental Income: $3196 Airbnb ROI: N/A Traditional ROI: 8.88%
300 Margo St Tawas City, MI Spacious home in a quiet neighborhood close to all the amenities of town. This 5 bedroom, ...	5 beds \| 3 baths \| 2,570 sq.ft.	$289,000	Airbnb cash on cash: N/A Traditional cash on cash: 9.29% Airbnb Rental Income: $null Traditional Rental Income: $3216 Airbnb ROI: N/A Traditional ROI: 9.29%
1984 W M-55 Tawas City, MI Step into country comfort with this cozy 2 bedroom 1 1/2 bathroom home on 1.55 acres burst...	2 beds \| 1 baths \| 1,388 sq.ft.	$233,000	Airbnb cash on cash: 0.04% Traditional cash on cash: 7.04% Airbnb Rental Income: $788 Traditional Rental Income: $2010 Airbnb ROI: 0.04% Traditional ROI: 7.04%
1596 Douglas Dr Tawas City, MI 1596 Douglas Dr, Tawas City, MI 48763 \| Single Family Residential	3 beds \| 2 baths \| 2,544 sq.ft.	$465,000	Airbnb cash on cash: -0.88% Traditional cash on cash: 3.05% Airbnb Rental Income: $1200 Traditional Rental Income: $2519 Airbnb ROI: -0.88% Traditional ROI: 3.05%
1024 Huron Rd Tawas City, MI 1024 Huron Rd, Tawas City, MI 48763 \| Single Family Residential	4 beds \| 2 baths \| 2,026 sq.ft.	$890,000	Airbnb cash on cash: -0.92% Traditional cash on cash: 0.46% Airbnb Rental Income: $1938 Traditional Rental Income: $2573 Airbnb ROI: -0.92% Traditional ROI: 0.46%
1024 Huron Tawas City, MI Very desirable stretch of sugar-sand beach with 60 frontage, need I say more??? This stum...	4 beds \| 2 baths \| 2,026 sq.ft.	$890,000	Airbnb cash on cash: 0.16% Traditional cash on cash: 2% Airbnb Rental Income: $1938 Traditional Rental Income: $2951 Airbnb ROI: 0.16% Traditional ROI: 2%
1400 W M-55 Tawas City, MI Charming Farmhouse Oasis in Tawas City! Welcome to your dream retreat at 1400 W. M - 55, ...	3 beds \| 2 baths \| 2,051 sq.ft.	$345,000	Airbnb cash on cash: 0.45% Traditional cash on cash: 5.96% Airbnb Rental Income: $1200 Traditional Rental Income: $2598 Airbnb ROI: 0.45% Traditional ROI: 5.96%
911 W Lake St Tawas City, MI 911 W Lake St, Tawas City, MI 48763 \| Condo/Coop	2 beds \| 2 baths \| 1,470 sq.ft.	$349,900	Airbnb cash on cash: -2.31% Traditional cash on cash: 2.25% Airbnb Rental Income: $788 Traditional Rental Income: $1964 Airbnb ROI: -2.31% Traditional ROI: 2.25%
911 W Lake St #2 Tawas City, MI FIRST TIME OFFERING for this nicely maintained, ranch-style condo, (only one of four) loca...	2 beds \| 2 baths \| 1,470 sq.ft.	$349,900	Airbnb cash on cash: -2.31% Traditional cash on cash: 3.82% Airbnb Rental Income: $788 Traditional Rental Income: $2480 Airbnb ROI: -2.31% Traditional ROI: 3.82%
2216 Douglas Dr Tawas City, MI 2216 Douglas Dr, Tawas City, MI 48763 \| Single Family Residential	3 beds \| 2 baths \| 1,900 sq.ft.	$210,111	Airbnb cash on cash: 1.09% Traditional cash on cash: 9.3% Airbnb Rental Income: $1200 Traditional Rental Income: $2448 Airbnb ROI: 1.09% Traditional ROI: 9.3%
342 N Chambers Rd Tawas City, MI Welcome home to this charming cottage-core retreat set on a beautiful one-acre country lot...	4 beds \| 1 baths \| 1,634 sq.ft.	$224,000	Airbnb cash on cash: N/A Traditional cash on cash: 7.1% Airbnb Rental Income: $null Traditional Rental Income: $2016 Airbnb ROI: N/A Traditional ROI: 7.1%
V/L Keystone Dr Tawas City, MI V/L Keystone Dr, Tawas City, MI 48763 \| Other	N/A beds \| N/A baths \| N/A	$585,000	Airbnb cash on cash: -2.71% Traditional cash on cash: -1.02% Airbnb Rental Income: $218 Traditional Rental Income: $916 Airbnb ROI: -2.71% Traditional ROI: -1.02%
902 W 1st St Tawas City, MI A rare offering just moments from the shoreline of Lake Huron, this beautifully reimagined...	4 beds \| 2 baths \| 2,464 sq.ft.	$359,900	Airbnb cash on cash: 2.21% Traditional cash on cash: 6.12% Airbnb Rental Income: $1938 Traditional Rental Income: $2746 Airbnb ROI: 2.21% Traditional ROI: 6.12%
1007 W 1st St Tawas City, MI PRIME LOCATION! This move-in ready beauty is in the hub of a peaceful neighborhood - close...	3 beds \| 2 baths \| 2,300 sq.ft.	$299,000	Airbnb cash on cash: 0.98% Traditional cash on cash: 7.55% Airbnb Rental Income: $1200 Traditional Rental Income: $2661 Airbnb ROI: 0.98% Traditional ROI: 7.55%
1921 N Huron Rd Tawas City, MI Beautifully maintained raised ranch situated on 1.18 acres with a flat, usable yard backin...	3 beds \| 1 baths \| 1,266 sq.ft.	$265,000	Airbnb cash on cash: 0.97% Traditional cash on cash: 6.38% Airbnb Rental Income: $1200 Traditional Rental Income: $2164 Airbnb ROI: 0.97% Traditional ROI: 6.38%
1220 N Huron Rd Tawas City, MI 1220 N Huron Rd, Tawas City, MI 48763 \| Single Family Residential	3 beds \| 2 baths \| 1,782 sq.ft.	$849,900	Airbnb cash on cash: -1.62% Traditional cash on cash: -0.66% Airbnb Rental Income: $1200 Traditional Rental Income: $1573 Airbnb ROI: -1.62% Traditional ROI: -0.66%
850 M-55 Tawas City, MI 850 M-55, Tawas City, MI 48763 \| Other	N/A beds \| N/A baths \| N/A	$450,000	Airbnb cash on cash: -2.77% Traditional cash on cash: -0.54% Airbnb Rental Income: $218 Traditional Rental Income: $929 Airbnb ROI: -2.77% Traditional ROI: -0.54%

Real Estate investment in Tawas-city, MI

There are 35 properties for sale in the city of Tawas City . The median list price in Tawas City is $233,000 and the average price per square foot is $140. In June 2026, the average monthly cash on cash return in Tawas City is 7.00%. The average monthly rental income in Tawas City is $2,085.

Tawas-city, MI Real Estate Investing: FAQs for Buyers, Sellers and Investors

There are 35 investment properties available for sale in Tawas-city.

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

The ROI for Long-Term is higher than the Short-Term in Tawas-city with average rental income of $2,085.

Your search for investment property begins and ends here

Investment Property for Sale in Tawas City, MI

915 W Lake St

Tawas City, MI

2 beds | 2 baths | 1,428 sq.ft.

$399,900

Airbnb cash on cash: -2.33%

Traditional cash on cash: 3.37%

Airbnb Rental Income: $788

Traditional Rental Income: $2603

Airbnb ROI: -2.33%

Traditional ROI: 3.37%

2423 West Dr

Tawas City, MI

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

$295,000

Airbnb cash on cash: 2.97%

Traditional cash on cash: 7.63%

Airbnb Rental Income: $1938

Traditional Rental Income: $2718

Airbnb ROI: 2.97%

Traditional ROI: 7.63%

915 W Lake St #2

Tawas City, MI

2 beds | 2 baths | 1,428 sq.ft.

$399,900

Airbnb cash on cash: -1.97%

Traditional cash on cash: 3.73%

Airbnb Rental Income: $788

Traditional Rental Income: $2604

Airbnb ROI: -1.97%

Traditional ROI: 3.73%

1190 Meadow Rd

Tawas City, MI

4 beds | 1 baths | 1,539 sq.ft.

$199,900

Airbnb cash on cash: 5%

Traditional cash on cash: 9.59%

Airbnb Rental Income: $1938

Traditional Rental Income: $2336

Airbnb ROI: 5%

Traditional ROI: 9.59%

1258 N Plank Road

Tawas City, MI

3 beds | 2 baths | 1,444 sq.ft.

$244,000

Airbnb cash on cash: 1.39%

Traditional cash on cash: 7.73%

Airbnb Rental Income: $1200

Traditional Rental Income: $2273

Airbnb ROI: 1.39%

Traditional ROI: 7.73%

716 Beech

Tawas City, MI

3 beds | 1 baths | 1,080 sq.ft.

$189,000

Airbnb cash on cash: 1.48%

Traditional cash on cash: 6.86%

Airbnb Rental Income: $1200

Traditional Rental Income: $1778

Airbnb ROI: 1.48%

Traditional ROI: 6.86%

733 Monument Rd

Tawas City, MI

3 beds | 2 baths | 1,584 sq.ft.

$265,000

Airbnb cash on cash: 1.57%

Traditional cash on cash: 6.66%

Airbnb Rental Income: $1200

Traditional Rental Income: $2085

Airbnb ROI: 1.57%

Traditional ROI: 6.66%

715 Monument Rd

Tawas City, MI

3 beds | 1 baths | 1,232 sq.ft.

$170,000

Airbnb cash on cash: 2.77%

Traditional cash on cash: 10.46%

Airbnb Rental Income: $1200

Traditional Rental Income: $2057

Airbnb ROI: 2.77%