Real Estate Investment Properties for Sale in Michigan

Looking for investment property in Michigan with high ROI ?

Explore a variety of short-term homes & houses in Michigan. Invest wisely with VRBO & Michigan Airbnb properties available for purchase. Find your ideal investment property among our curated listings for a rewarding real estate venture.

Townhouses for Sale in Michigan

Search for Townhouse for Sale in Michigan. Browse all of Mashvisor’s Townhouse listings and other investment property types including Single Family Homes, Multi Family Homes, Condos, Townhouses and Other Homes.

Showing 193 Townhouse listings of over 500,000 total investment properties for sale. Visit Mashvisor.com to all investment properties.

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
356 Hartman Lane Saline, MI Open House Friday 4:30PM - 6:30PM Move-in ready condo in a prime Saline location featu...	2 beds \| 1 baths \| 768 sq.ft.	$200,000	Airbnb cash on cash: 3.25% Traditional cash on cash: 2.81% Airbnb Rental Income: $1735 Traditional Rental Income: $1175 Airbnb ROI: 3.25% Traditional ROI: 2.81%
1870 Lindsay Lane Ann Arbor, MI Welcome to Brentwood Square Residences! This light field open-concept Townhome offers the ...	2 beds \| 2 baths \| 1,402 sq.ft.	$344,900	Airbnb cash on cash: -1.63% Traditional cash on cash: 0.44% Airbnb Rental Income: $1848 Traditional Rental Income: $2020 Airbnb ROI: -1.63% Traditional ROI: 0.44%
4003 Robin Hood Lane Traverse City, MI Affordable living in Traverse City! This well-maintained condo offers comfortable , low-ma...	2 beds \| 2 baths \| 1,360 sq.ft.	$269,000	Airbnb cash on cash: 0.35% Traditional cash on cash: 3.55% Airbnb Rental Income: $1512 Traditional Rental Income: $1882 Airbnb ROI: 0.35% Traditional ROI: 3.55%
4580 Bradley Circle #24 Troy, MI This bright and airy condo has been lovingly maintained and is clean, clean, clean! The li...	2 beds \| 3 baths \| 1,541 sq.ft.	$374,900	Airbnb cash on cash: -0.79% Traditional cash on cash: 3.47% Airbnb Rental Income: $1379 Traditional Rental Income: $2459 Airbnb ROI: -0.79% Traditional ROI: 3.47%
1882 Wickham Street Royal Oak, MI Bright, updated end-unit townhouse in Royal Oak's desirable Coventry Park. The open main l...	2 beds \| 2 baths \| 1,226 sq.ft.	$230,000	Airbnb cash on cash: -1.2% Traditional cash on cash: 2.38% Airbnb Rental Income: $1240 Traditional Rental Income: $1624 Airbnb ROI: -1.2% Traditional ROI: 2.38%
5 Grandview Cir White Lake, MI TO BE BUILT BEAUTIFUL NEW CONSTRUCTION OVERSIZED CONDOMINIUMS TOWN HOMES IN ELIZABETH TR...	3 beds \| 2 baths \| 1,856 sq.ft.	$403,715	Airbnb cash on cash: 3% Traditional cash on cash: 4.53% Airbnb Rental Income: $2497 Traditional Rental Income: $2470 Airbnb ROI: 3% Traditional ROI: 4.53%
3 Grandview Cir White Lake, MI TO BE BUILT BEAUTIFUL NEW CONSTRUCTION OVERSIZED CONDOMINIUMS TOWN HOMES IN ELIZABETH TR...	3 beds \| 2 baths \| 1,856 sq.ft.	$386,015	Airbnb cash on cash: 3.18% Traditional cash on cash: 4.78% Airbnb Rental Income: $2497 Traditional Rental Income: $2470 Airbnb ROI: 3.18% Traditional ROI: 4.78%
1875 Sheffield Drive Ypsilanti, MI Welcome to this condo in the city of Ypsilanti featuring 2 bedrooms and 1.5 bathrooms. The...	2 beds \| 2 baths \| 1,056 sq.ft.	$115,000	Airbnb cash on cash: -0.46% Traditional cash on cash: 5.41% Airbnb Rental Income: $1273 Traditional Rental Income: $1524 Airbnb ROI: -0.46% Traditional ROI: 5.41%
595 Georgetown Place #12 Traverse City, MI Rarely available and beautifully updated, this 3-bedroom, 2-bath townhouse-style condo off...	3 beds \| 2 baths \| 1,738 sq.ft.	$379,900	Airbnb cash on cash: 3.25% Traditional cash on cash: 3.33% Airbnb Rental Income: $2881 Traditional Rental Income: $2240 Airbnb ROI: 3.25% Traditional ROI: 3.33%
4550 Helen Street Dearborn, MI	4 beds \| 2 baths \| N/A	$240,000	Airbnb cash on cash: 5.72% Traditional cash on cash: 4.88% Airbnb Rental Income: $2581 Traditional Rental Income: $1772 Airbnb ROI: 5.72% Traditional ROI: 4.88%
551 Indian Oaks Drive Howell, MI Beautifully maintained end-unit two-story condo offering the perfect combination of comfor...	3 beds \| 3 baths \| 1,798 sq.ft.	$339,900	Airbnb cash on cash: 2.04% Traditional cash on cash: 4.16% Airbnb Rental Income: $2378 Traditional Rental Income: $2469 Airbnb ROI: 2.04% Traditional ROI: 4.16%
11026 Middlebelt Road Livonia, MI Welcome to this well-maintained end-unit condo in a convenient Livonia location. Offering ...	2 beds \| 1 baths \| 874 sq.ft.	$129,900	Airbnb cash on cash: -3.26% Traditional cash on cash: 5.04% Airbnb Rental Income: $474 Traditional Rental Income: $1242 Airbnb ROI: -3.26% Traditional ROI: 5.04%
1429 S Main St. Royal Oak, MI	2 beds \| 2 baths \| N/A	$287,000	Airbnb cash on cash: 0.21% Traditional cash on cash: 4.69% Airbnb Rental Income: $1240 Traditional Rental Income: $2058 Airbnb ROI: 0.21% Traditional ROI: 4.69%
20937 Sherman Avenue Southfield, MI Welcome to this move-in-ready, renovated townhome condo offering 1,043 SQFT with 2 bedroom...	2 beds \| 2 baths \| 1,043 sq.ft.	$149,900	Airbnb cash on cash: 0.46% Traditional cash on cash: 4.25% Airbnb Rental Income: $1408 Traditional Rental Income: $1528 Airbnb ROI: 0.46% Traditional ROI: 4.25%
25245 Coolidge Highway Oak Park, MI	2 beds \| 1 baths \| N/A	$125,000	Airbnb cash on cash: 5.39% Traditional cash on cash: 7.19% Airbnb Rental Income: $1267 Traditional Rental Income: $1084 Airbnb ROI: 5.39% Traditional ROI: 7.19%
710 Centre Place #26 Traverse City, MI Welcome to 710 Centre Place #26! This recently updated 1 bed/1 bath end unit condo sits ne...	1 beds \| 1 baths \| 912 sq.ft.	$345,000	Airbnb cash on cash: -0.55% Traditional cash on cash: 1.66% Airbnb Rental Income: $1168 Traditional Rental Income: $1501 Airbnb ROI: -0.55% Traditional ROI: 1.66%
368 Glendale Lane Ferndale, MI Welcome to this beautifully maintained end-unit townhouse in desirable Parkdale Towns Cond...	2 beds \| 3 baths \| 1,365 sq.ft.	$295,000	Airbnb cash on cash: -1.12% Traditional cash on cash: 4.49% Airbnb Rental Income: $1291 Traditional Rental Income: $2447 Airbnb ROI: -1.12% Traditional ROI: 4.49%
426 Oak Run Court Royal Oak, MI Enjoy the ease of low-maintenance living in this beautifully maintained condo, featuring a...	3 beds \| 3 baths \| 1,837 sq.ft.	$375,000	Airbnb cash on cash: -0.63% Traditional cash on cash: 3.21% Airbnb Rental Income: $1628 Traditional Rental Income: $2519 Airbnb ROI: -0.63% Traditional ROI: 3.21%
23822 Seminole Trail Novi, MI Welcome to 23822 Seminole Trail, a beautifully updated 2018-built townhouse in Novi's desi...	3 beds \| 3 baths \| 2,263 sq.ft.	$649,900	Airbnb cash on cash: -2.04% Traditional cash on cash: -0.05% Airbnb Rental Income: $1665 Traditional Rental Income: $2400 Airbnb ROI: -2.04% Traditional ROI: -0.05%
21807 HIDDEN RIVERS Drive N Southfield, MI Let this beautiful colonial style home in Southfield Mi be your next forever home. Freshly...	3 beds \| 3 baths \| 1,372 sq.ft.	$160,000	Airbnb cash on cash: 2.42% Traditional cash on cash: 7.48% Airbnb Rental Income: $1490 Traditional Rental Income: $1825 Airbnb ROI: 2.42% Traditional ROI: 7.48%
4A Pinnacle Place #The Homestead Glen Arbor, MI Pinnacle Place offers quarter ownership with each share deeded twelve weeks, or one week a...	3 beds \| 3 baths \| 1,550 sq.ft.	$204,000	Airbnb cash on cash: 8.41% Traditional cash on cash: 7.01% Airbnb Rental Income: $2876 Traditional Rental Income: $1937 Airbnb ROI: 8.41% Traditional ROI: 7.01%
3969 BUTTERNUT Court #C Port Huron, MI Well built two Bedroom 1.5 Bath townhouse condominium located at the north end of Port Hur...	2 beds \| 2 baths \| 1,152 sq.ft.	$179,900	Airbnb cash on cash: -1.69% Traditional cash on cash: 3.47% Airbnb Rental Income: $801 Traditional Rental Income: $1362 Airbnb ROI: -1.69% Traditional ROI: 3.47%
231 Midtown Drive Traverse City, MI Arrive, exhale, and let the river do the rest. Perfectly positioned along the shimmering e...	2 beds \| 3 baths \| 2,451 sq.ft.	$799,900	Airbnb cash on cash: -0.82% Traditional cash on cash: 1.09% Airbnb Rental Income: $1590 Traditional Rental Income: $2559 Airbnb ROI: -0.82% Traditional ROI: 1.09%
135 W Kenilworth Avenue Royal Oak, MI Introducing an amazing opportunity to own this beautifully updated townhome in the heart o...	2 beds \| 2 baths \| 1,200 sq.ft.	$342,000	Airbnb cash on cash: -0.92% Traditional cash on cash: 3.29% Airbnb Rental Income: $1240 Traditional Rental Income: $2198 Airbnb ROI: -0.92% Traditional ROI: 3.29%
1106 Hillpointe Circle Bloomfield Hills, MI Exciting find in the Ravines of Adams Woods; this Fernwood floor plan has been beautifully...	3 beds \| 4 baths \| 1,854 sq.ft.	$550,000	Airbnb cash on cash: -1.22% Traditional cash on cash: 2.09% Airbnb Rental Income: $1743 Traditional Rental Income: $2965 Airbnb ROI: -1.22% Traditional ROI: 2.09%
224 Sean Street Brighton, MI Priced to sell. Seller is offering six months of paid HOA dues with an acceptable offer. M...	2 beds \| 3 baths \| 1,592 sq.ft.	$319,900	Airbnb cash on cash: 0.55% Traditional cash on cash: 5.61% Airbnb Rental Income: $1893 Traditional Rental Income: $2910 Airbnb ROI: 0.55% Traditional ROI: 5.61%
1058 Hampton Circle #74 Detroit, MI BRAND NEW CONSTRUCTION! Immediate Occupancy! Do not miss out on the opportunity to get in ...	2 beds \| 3 baths \| 1,618 sq.ft.	$474,490	Airbnb cash on cash: 2.06% Traditional cash on cash: 2.18% Airbnb Rental Income: $3265 Traditional Rental Income: $2588 Airbnb ROI: 2.06% Traditional ROI: 2.18%
3798 Woodgate Drive Redford, MI Position yourself in one of Northern Michigan's most sought-after housing markets with thi...	2 beds \| 2 baths \| 960 sq.ft.	$304,900	Airbnb cash on cash: -0.57% Traditional cash on cash: 4.34% Airbnb Rental Income: $734 Traditional Rental Income: $1832 Airbnb ROI: -0.57% Traditional ROI: 4.34%
3796 Woodgate Drive Redford, MI NOW COMPLETE! Discover Woodgate Ridge, brand-new construction condos offering the best of ...	2 beds \| 2 baths \| 960 sq.ft.	$279,900	Airbnb cash on cash: -0.53% Traditional cash on cash: 4.81% Airbnb Rental Income: $734 Traditional Rental Income: $1832 Airbnb ROI: -0.53% Traditional ROI: 4.81%
112 Fairway Hills Drive Traverse City, MI Welcome to 112 Fairway Hills Dr. beautifully updated in 2022. This stunning townhouse offe...	3 beds \| 4 baths \| 2,313 sq.ft.	$789,000	Airbnb cash on cash: 0.22% Traditional cash on cash: 1.86% Airbnb Rental Income: $2096 Traditional Rental Income: $2760 Airbnb ROI: 0.22% Traditional ROI: 1.86%
3792 Woodgate Drive Traverse City, MI Live where others vacation. Explore more. Maintain less. Enjoy every season in Traverse Ci...	2 beds \| 2 baths \| 960 sq.ft.	$299,900	Airbnb cash on cash: 1.01% Traditional cash on cash: 4.25% Airbnb Rental Income: $1536 Traditional Rental Income: $2004 Airbnb ROI: 1.01% Traditional ROI: 4.25%
642 LYDIA Lane Pontiac, MI Welcome to this move-in ready home in a highly sought-after location! Featuring a spacious...	2 beds \| 2 baths \| 1,346 sq.ft.	$139,000	Airbnb cash on cash: -3.76% Traditional cash on cash: 11.86% Airbnb Rental Income: $696 Traditional Rental Income: $2474 Airbnb ROI: -3.76% Traditional ROI: 11.86%
511 BROOKSIDE Avenue Birmingham, MI Downtown Birmingham living at its finest. Perfectly positioned just steps from Birmingham'...	3 beds \| 3 baths \| 2,000 sq.ft.	$1,299,000	Airbnb cash on cash: -1.44% Traditional cash on cash: -0.26% Airbnb Rental Income: $1902 Traditional Rental Income: $2824 Airbnb ROI: -1.44% Traditional ROI: -0.26%
100 Park Street #C Traverse City, MI Welcome to The Brownstones at 100 Park, downtown Traverse City's first and only residentia...	3 beds \| 4 baths \| 2,500 sq.ft.	$3,150,000	Airbnb cash on cash: -1.51% Traditional cash on cash: -0.82% Airbnb Rental Income: $2124 Traditional Rental Income: $3589 Airbnb ROI: -1.51% Traditional ROI: -0.82%

Your search for investment property begins and ends here

Townhouses for Sale in Michigan

356 Hartman Lane

Saline, MI

2 beds | 1 baths | 768 sq.ft.

$200,000

Airbnb cash on cash: 3.25%

Traditional cash on cash: 2.81%

Airbnb Rental Income: $1735

Traditional Rental Income: $1175

Airbnb ROI: 3.25%

Traditional ROI: 2.81%

1870 Lindsay Lane

Ann Arbor, MI

2 beds | 2 baths | 1,402 sq.ft.

$344,900

Airbnb cash on cash: -1.63%

Traditional cash on cash: 0.44%

Airbnb Rental Income: $1848

Traditional Rental Income: $2020

Airbnb ROI: -1.63%

Traditional ROI: 0.44%

4003 Robin Hood Lane

Traverse City, MI

2 beds | 2 baths | 1,360 sq.ft.

$269,000

Airbnb cash on cash: 0.35%

Traditional cash on cash: 3.55%

Airbnb Rental Income: $1512

Traditional Rental Income: $1882

Airbnb ROI: 0.35%

Traditional ROI: 3.55%

4580 Bradley Circle #24

Troy, MI

2 beds | 3 baths | 1,541 sq.ft.

$374,900

Airbnb cash on cash: -0.79%

Traditional cash on cash: 3.47%

Airbnb Rental Income: $1379

Traditional Rental Income: $2459

Airbnb ROI: -0.79%

Traditional ROI: 3.47%

1882 Wickham Street

Royal Oak, MI

2 beds | 2 baths | 1,226 sq.ft.

$230,000

Airbnb cash on cash: -1.2%

Traditional cash on cash: 2.38%

Airbnb Rental Income: $1240

Traditional Rental Income: $1624

Airbnb ROI: -1.2%

Traditional ROI: 2.38%

5 Grandview Cir

White Lake, MI

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

$403,715

Airbnb cash on cash: 3%

Traditional cash on cash: 4.53%

Airbnb Rental Income: $2497

Traditional Rental Income: $2470

Airbnb ROI: 3%

Traditional ROI: 4.53%

3 Grandview Cir

White Lake, MI

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

$386,015

Airbnb cash on cash: 3.18%

Traditional cash on cash: 4.78%

Airbnb Rental Income: $2497

Traditional Rental Income: $2470

Airbnb ROI: 3.18%

Traditional ROI: 4.78%

1875 Sheffield Drive

Ypsilanti, MI

2 beds | 2 baths | 1,056 sq.ft.

$115,000

Airbnb cash on cash: -0.46%

Traditional cash on cash: 5.41%

Airbnb Rental Income: $1273

Traditional Rental Income: $1524

Airbnb ROI: -0.46%