Real Estate Investment Properties for Sale in Traverse City, MI

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

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

Condos for Sale in Traverse City, MI

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

Showing 126 Condo 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
2839 Ruby Street Traverse City, MI Welcome to 2839 Ruby St, a stunning new home in one of Traverse Cityâs most sought-after...	3 beds \| 3 baths \| 1,626 sq.ft.	$454,690	Airbnb cash on cash: -0.28% Traditional cash on cash: 3.53% Airbnb Rental Income: $1110 Traditional Rental Income: $2358 Airbnb ROI: -0.28% Traditional ROI: 3.53%
2993 Emerald Isle Traverse City, MI Discover easy living in this beautifully maintained 2-bedroom, 2-bath condo perfectly situ...	2 beds \| 2 baths \| 962 sq.ft.	$319,000	Airbnb cash on cash: 0.84% Traditional cash on cash: 3.4% Airbnb Rental Income: $1218 Traditional Rental Income: $1592 Airbnb ROI: 0.84% Traditional ROI: 3.4%
206 Boardman Avenue Traverse City, MI Welcome to the coveted Brownstones in downtown Traverse City! This beautifully updated 2-b...	2 beds \| 3 baths \| 1,432 sq.ft.	$999,000	Airbnb cash on cash: -0.75% Traditional cash on cash: 1.4% Airbnb Rental Income: $793 Traditional Rental Income: $2465 Airbnb ROI: -0.75% Traditional ROI: 1.4%
2140 Chelsea Lane Traverse City, MI Discover peaceful, nature-filled living in this beautifully maintained 4-bedroom, 3-bath c...	4 beds \| 3 baths \| 3,144 sq.ft.	$675,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.8% Airbnb Rental Income: $null Traditional Rental Income: $3391 Airbnb ROI: N/A Traditional ROI: 3.8%
2129 Chrystal Ridge Drive Traverse City, MI Immaculate, newer east-side standalone condo offering quiet, low-maintenance, main floor l...	4 beds \| 3 baths \| 2,900 sq.ft.	$495,000	Airbnb cash on cash: 0.76% Traditional cash on cash: 4.72% Airbnb Rental Income: $2415 Traditional Rental Income: $3661 Airbnb ROI: 0.76% Traditional ROI: 4.72%
721 Indian Trail Boulevard #21 Traverse City, MI Welcome to 721 Indian Trail, a well-maintained Traverse City condominium offering a though...	2 beds \| 1 baths \| 840 sq.ft.	$250,000	Airbnb cash on cash: -2.53% Traditional cash on cash: 4.14% Airbnb Rental Income: $669 Traditional Rental Income: $1944 Airbnb ROI: -2.53% Traditional ROI: 4.14%
4033 Sherwood Forest Drive Traverse City, MI This three-level condo features 4 bedrooms and 2.5 baths, including a spacious upper-level...	4 beds \| 3 baths \| 2,550 sq.ft.	$350,000	Airbnb cash on cash: 2.74% Traditional cash on cash: 7.81% Airbnb Rental Income: $2415 Traditional Rental Income: $3491 Airbnb ROI: 2.74% Traditional ROI: 7.81%
109 E Front Street #301 Traverse City, MI Experience refined downtown living in one of Traverse Cityâs most iconic historic buildi...	2 beds \| 3 baths \| 2,192 sq.ft.	$1,999,999	Airbnb cash on cash: -2.76% Traditional cash on cash: -1.48% Airbnb Rental Income: $793 Traditional Rental Income: $2854 Airbnb ROI: -2.76% Traditional ROI: -1.48%
3922 Sherwood Forest Drive Traverse City, MI Completely renovated with a crisp, modern aesthetic, this 2-bedroom, 1-bath condo in Holid...	2 beds \| 1 baths \| 936 sq.ft.	$230,000	Airbnb cash on cash: -1.25% Traditional cash on cash: 5.99% Airbnb Rental Income: $669 Traditional Rental Income: $1944 Airbnb ROI: -1.25% Traditional ROI: 5.99%
208 GILLIS STREET 12 Traverse City, MI Step into luxury and convenience with this stunning, tastefully furnished, turn-key condo ...	2 beds \| 2 baths \| 1,026 sq.ft.	$570,000	Airbnb cash on cash: -0.01% Traditional cash on cash: 2.63% Airbnb Rental Income: $976 Traditional Rental Income: $2031 Airbnb ROI: -0.01% Traditional ROI: 2.63%
2611 Green Meadows Drive Traverse City, MI This turnkey lower level condo on 6th fairway of The Crown Golf Course has 2 bedrooms and ...	2 beds \| 1 baths \| 800 sq.ft.	$192,500	Airbnb cash on cash: 1.76% Traditional cash on cash: 6.35% Airbnb Rental Income: $1218 Traditional Rental Income: $1666 Airbnb ROI: 1.76% Traditional ROI: 6.35%
1040 Umber Drive Traverse City, MI The Umber Uplift Practically new. Perfectly placed. Completely turn-key. Just 5.7 miles fr...	2 beds \| 1 baths \| 850 sq.ft.	$294,900	Airbnb cash on cash: -0.99% Traditional cash on cash: 3.58% Airbnb Rental Income: $669 Traditional Rental Income: $1637 Airbnb ROI: -0.99% Traditional ROI: 3.58%
1285 Terrace Bluff Drive Traverse City, MI Welcome to this pristine 3-bedroom, 2-bath condo located in a highly sought-after communit...	3 beds \| 2 baths \| 1,352 sq.ft.	$359,000	Airbnb cash on cash: -0.88% Traditional cash on cash: 3.09% Airbnb Rental Income: $1004 Traditional Rental Income: $1984 Airbnb ROI: -0.88% Traditional ROI: 3.09%
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.	$369,000	Airbnb cash on cash: -2.28% Traditional cash on cash: 1.49% Airbnb Rental Income: $460 Traditional Rental Income: $1501 Airbnb ROI: -2.28% Traditional ROI: 1.49%
1548 SIMSBURY STREET Traverse City, MI You will love your new low maintenance, main level living lifestyle in this 1 BR, 1 BA end...	1 beds \| 1 baths \| 749 sq.ft.	$364,900	Airbnb cash on cash: -2.22% Traditional cash on cash: 3.15% Airbnb Rental Income: $464 Traditional Rental Income: $2036 Airbnb ROI: -2.22% Traditional ROI: 3.15%
2305 N US31 #203 Traverse City, MI This stunning, turn-key, 1-bedroom, 1-bath condo has been thoughtfully updated for 2024, f...	1 beds \| 1 baths \| 556 sq.ft.	$319,900	Airbnb cash on cash: -1.35% Traditional cash on cash: 2.66% Airbnb Rental Income: $460 Traditional Rental Income: $1398 Airbnb ROI: -1.35% Traditional ROI: 2.66%
115 E EIGHTH STREET 16 Traverse City, MI Downtown Traverse City living at it's finest!This stunning top floor condo features gorgeo...	2 beds \| 1 baths \| 892 sq.ft.	$425,000	Airbnb cash on cash: -1.3% Traditional cash on cash: 1.31% Airbnb Rental Income: $924 Traditional Rental Income: $1620 Airbnb ROI: -1.3% Traditional ROI: 1.31%
800 Cottageview Drive #403 Traverse City, MI Perched on the fourth floor, this 2 bed/1.5 bath light-filled condo delivers character you...	2 beds \| 2 baths \| 1,432 sq.ft.	$675,000	Airbnb cash on cash: -2.48% Traditional cash on cash: 0.7% Airbnb Rental Income: $976 Traditional Rental Income: $2622 Airbnb ROI: -2.48% Traditional ROI: 0.7%
708 Randolph Street #204 Traverse City, MI Modern, fully furnished 2-bedroom, 2-bath condo at 708 Randolph Street in the heart of Dow...	2 beds \| 2 baths \| 1,105 sq.ft.	$505,000	Airbnb cash on cash: -0.02% Traditional cash on cash: 4.2% Airbnb Rental Income: $976 Traditional Rental Income: $2614 Airbnb ROI: -0.02% Traditional ROI: 4.2%
708 Randolph Street #206 Traverse City, MI Ideally positioned in the heart of Traverse Cityâs vibrant west side, this beautifully a...	2 beds \| 2 baths \| 923 sq.ft.	$508,000	Airbnb cash on cash: -1.41% Traditional cash on cash: 1.59% Airbnb Rental Income: $976 Traditional Rental Income: $2048 Airbnb ROI: -1.41% Traditional ROI: 1.59%
714 #308 Randolph Street #308 Traverse City, MI Step into easy downtown living, in the coveted Slabtown neighborhood, where West Grand Tra...	2 beds \| 2 baths \| 1,095 sq.ft.	$500,000	Airbnb cash on cash: -2.06% Traditional cash on cash: 1.34% Airbnb Rental Income: $976 Traditional Rental Income: $2211 Airbnb ROI: -2.06% Traditional ROI: 1.34%
1049 Hemingway Lane Traverse City, MI Welcome to easy, main-floor living at 1049 Hemingway Lane in Traverse City. This thoughtfu...	2 beds \| 2 baths \| 1,408 sq.ft.	$369,000	Airbnb cash on cash: -1.73% Traditional cash on cash: 3.18% Airbnb Rental Income: $669 Traditional Rental Income: $2068 Airbnb ROI: -1.73% Traditional ROI: 3.18%
800-319 Cottageview Drive #319 Traverse City, MI Absolutely stunning condo at the Grand Traverse Commons in the majestic historic main Buil...	3 beds \| 4 baths \| 3,615 sq.ft.	$1,200,000	Airbnb cash on cash: -2.26% Traditional cash on cash: -0.27% Airbnb Rental Income: $1334 Traditional Rental Income: $3140 Airbnb ROI: -2.26% Traditional ROI: -0.27%
918 W Front Street #3 Traverse City, MI SLABTOWN FLATS is a trendy condo community that resides in the highly desirable Slabtown n...	1 beds \| 1 baths \| 544 sq.ft.	$295,000	Airbnb cash on cash: -1.88% Traditional cash on cash: 2.04% Airbnb Rental Income: $553 Traditional Rental Income: $1362 Airbnb ROI: -1.88% Traditional ROI: 2.04%
3792 Woodgate Drive #4 Traverse City, MI Your TC Adventure Basecamp is Ready. Stop dreaming about the up-north lifestyle and start ...	2 beds \| 2 baths \| 960 sq.ft.	$299,900	Airbnb cash on cash: -1.53% Traditional cash on cash: 4.25% Airbnb Rental Income: $673 Traditional Rental Income: $2004 Airbnb ROI: -1.53% Traditional ROI: 4.25%
2832 Emerald Bluffs Traverse City, MI Move in ready! Take advantage of carefree main floor living, & great location to everythin...	2 beds \| 2 baths \| 1,972 sq.ft.	$325,000	Airbnb cash on cash: -0.12% Traditional cash on cash: 2.88% Airbnb Rental Income: $1218 Traditional Rental Income: $1744 Airbnb ROI: -0.12% Traditional ROI: 2.88%
1502 SIMSBURY STREET Traverse City, MI You will love your new low maintenance, 3 BR, 2 BA condo that is ready for occupancy. Imag...	3 beds \| 2 baths \| 1,446 sq.ft.	$464,900	Airbnb cash on cash: -1.25% Traditional cash on cash: 0.66% Airbnb Rental Income: $1004 Traditional Rental Income: $1478 Airbnb ROI: -1.25% Traditional ROI: 0.66%
208 GILLIS STREET Traverse City, MI Step into luxury and convenience with this stunning, tastefully furnished, turn-key condo ...	2 beds \| 2 baths \| 1,026 sq.ft.	$570,000	Airbnb cash on cash: -1.53% Traditional cash on cash: 1% Airbnb Rental Income: $976 Traditional Rental Income: $1970 Airbnb ROI: -1.53% Traditional ROI: 1%
400 Webster Street #2D Traverse City, MI Welcome to the Boardman Building â A Historic Icon Reimagined. Originally built in 1913 ...	3 beds \| 3 baths \| 2,385 sq.ft.	$1,452,750	Airbnb cash on cash: -0.65% Traditional cash on cash: 1.17% Airbnb Rental Income: $902 Traditional Rental Income: $3021 Airbnb ROI: -0.65% Traditional ROI: 1.17%
400 Webster Street #2A Traverse City, MI Welcome to the Boardman Building â A Historic Icon Reimagined. Originally built in 1913 ...	3 beds \| 3 baths \| 2,081 sq.ft.	$1,409,062	Airbnb cash on cash: -0.64% Traditional cash on cash: 1.02% Airbnb Rental Income: $902 Traditional Rental Income: $2738 Airbnb ROI: -0.64% Traditional ROI: 1.02%
400 Webster Street #2B Traverse City, MI Welcome to the Boardman Building â A Historic Icon Reimagined. Originally built in 1913 ...	3 beds \| 3 baths \| 2,081 sq.ft.	$2,100,000	Airbnb cash on cash: -0.76% Traditional cash on cash: 0.35% Airbnb Rental Income: $902 Traditional Rental Income: $2726 Airbnb ROI: -0.76% Traditional ROI: 0.35%
400 Webster Street #2C Traverse City, MI Welcome to the Boardman Building â A Historic Icon Reimagined. Originally built in 1913 ...	3 beds \| 3 baths \| 1,570 sq.ft.	$1,121,937	Airbnb cash on cash: -0.55% Traditional cash on cash: 1.31% Airbnb Rental Income: $902 Traditional Rental Income: $2510 Airbnb ROI: -0.55% Traditional ROI: 1.31%
630 S Garfield Avenue #108 Traverse City, MI This tastefully decorated 2-bedroom, 2-bathroom ground floor condo with modern decor in Tr...	2 beds \| 2 baths \| 897 sq.ft.	$360,000	Airbnb cash on cash: -1.71% Traditional cash on cash: 3.21% Airbnb Rental Income: $669 Traditional Rental Income: $2032 Airbnb ROI: -1.71% Traditional ROI: 3.21%
330 ( 306) E State Street #306 Traverse City, MI PENINSULA PLACE - a five story, 35 unit residential condominium project in the heart of do...	2 beds \| 2 baths \| 1,085 sq.ft.	$650,000	Airbnb cash on cash: -0.44% Traditional cash on cash: 2.04% Airbnb Rental Income: $793 Traditional Rental Income: $1973 Airbnb ROI: -0.44% Traditional ROI: 2.04%
330 ( 401) E State Street #401 Traverse City, MI Introducing Peninsula Place, a premier five-story residential condominium project in the h...	3 beds \| 3 baths \| 2,388 sq.ft.	$1,339,000	Airbnb cash on cash: -0.65% Traditional cash on cash: 1.47% Airbnb Rental Income: $902 Traditional Rental Income: $3200 Airbnb ROI: -0.65% Traditional ROI: 1.47%
330 ( 404) E State Street #404 Traverse City, MI Introducing Peninsula Place, a premier five-story residential condominium project in the h...	2 beds \| 3 baths \| 1,545 sq.ft.	$1,500,000	Airbnb cash on cash: -0.75% Traditional cash on cash: 1.06% Airbnb Rental Income: $793 Traditional Rental Income: $3006 Airbnb ROI: -0.75% Traditional ROI: 1.06%
330 ( 408) E State Street #408 Traverse City, MI Introducing Peninsula Place, a premier five-story residential condominium project in the h...	2 beds \| 3 baths \| 1,545 sq.ft.	$1,500,000	Airbnb cash on cash: -0.75% Traditional cash on cash: 1.06% Airbnb Rental Income: $793 Traditional Rental Income: $3006 Airbnb ROI: -0.75% Traditional ROI: 1.06%
330 ( 501) E State Street #501 Traverse City, MI Introducing Peninsula Place, a premier five-story residential condominium project in the h...	3 beds \| 3 baths \| 2,388 sq.ft.	$1,689,000	Airbnb cash on cash: -0.72% Traditional cash on cash: 0.96% Airbnb Rental Income: $902 Traditional Rental Income: $3200 Airbnb ROI: -0.72% Traditional ROI: 0.96%
330 ( 503) E State Street #503 Traverse City, MI Introducing Peninsula Place, a premier five-story residential condominium project in the h...	4 beds \| 4 baths \| 2,895 sq.ft.	$4,100,000	Airbnb cash on cash: -0.75% Traditional cash on cash: 0.09% Airbnb Rental Income: $1503 Traditional Rental Income: $4272 Airbnb ROI: -0.75% Traditional ROI: 0.09%
330 ( 402) E State Street #402 Traverse City, MI PENINSULA PLACE - a five story, 35 unit residential condominium project in the heart of do...	2 beds \| 3 baths \| 1,441 sq.ft.	$1,339,000	Airbnb cash on cash: -0.73% Traditional cash on cash: 0.95% Airbnb Rental Income: $793 Traditional Rental Income: $2551 Airbnb ROI: -0.73% Traditional ROI: 0.95%

Your search for investment property begins and ends here

Condos for Sale in Traverse City, MI

2839 Ruby Street

Traverse City, MI

3 beds | 3 baths | 1,626 sq.ft.

$454,690

Airbnb cash on cash: -0.28%

Traditional cash on cash: 3.53%

Airbnb Rental Income: $1110

Traditional Rental Income: $2358

Airbnb ROI: -0.28%

Traditional ROI: 3.53%

2993 Emerald Isle

Traverse City, MI

2 beds | 2 baths | 962 sq.ft.

$319,000

Airbnb cash on cash: 0.84%

Traditional cash on cash: 3.4%

Airbnb Rental Income: $1218

Traditional Rental Income: $1592

Airbnb ROI: 0.84%

Traditional ROI: 3.4%

206 Boardman Avenue

Traverse City, MI

2 beds | 3 baths | 1,432 sq.ft.

$999,000

Airbnb cash on cash: -0.75%

Traditional cash on cash: 1.4%

Airbnb Rental Income: $793

Traditional Rental Income: $2465

Airbnb ROI: -0.75%

Traditional ROI: 1.4%

2140 Chelsea Lane

Traverse City, MI

4 beds | 3 baths | 3,144 sq.ft.

$675,000

Airbnb cash on cash: N/A

Traditional cash on cash: 3.8%

Airbnb Rental Income: $null

Traditional Rental Income: $3391

Airbnb ROI: N/A

Traditional ROI: 3.8%

2129 Chrystal Ridge Drive

Traverse City, MI

4 beds | 3 baths | 2,900 sq.ft.

$495,000

Airbnb cash on cash: 0.76%

Traditional cash on cash: 4.72%

Airbnb Rental Income: $2415

Traditional Rental Income: $3661

Airbnb ROI: 0.76%

Traditional ROI: 4.72%

721 Indian Trail Boulevard #21

Traverse City, MI

2 beds | 1 baths | 840 sq.ft.

$250,000

Airbnb cash on cash: -2.53%

Traditional cash on cash: 4.14%

Airbnb Rental Income: $669

Traditional Rental Income: $1944

Airbnb ROI: -2.53%

Traditional ROI: 4.14%

4033 Sherwood Forest Drive

Traverse City, MI

4 beds | 3 baths | 2,550 sq.ft.

$350,000

Airbnb cash on cash: 2.74%

Traditional cash on cash: 7.81%

Airbnb Rental Income: $2415

Traditional Rental Income: $3491

Airbnb ROI: 2.74%

Traditional ROI: 7.81%

109 E Front Street #301

Traverse City, MI

2 beds | 3 baths | 2,192 sq.ft.

$1,999,999

Airbnb cash on cash: -2.76%

Traditional cash on cash: -1.48%

Airbnb Rental Income: $793

Traditional Rental Income: $2854

Airbnb ROI: -2.76%