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 111 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 Maintenance free living in the heart of it all allows for you to never worry about lawn an...	3 beds \| 2 baths \| 1,648 sq.ft.	$453,990	Airbnb cash on cash: N/A Traditional cash on cash: 3.54% Airbnb Rental Income: $null Traditional Rental Income: $2358 Airbnb ROI: N/A Traditional ROI: 3.54%
3948 Sherwood Forest Drive Traverse City, MI Priced to sell at $285,000! Enjoy easy, low-maintenance living in this 2BR/1.5BA condo in ...	2 beds \| 2 baths \| 1,728 sq.ft.	$279,900	Airbnb cash on cash: N/A Traditional cash on cash: 5.92% Airbnb Rental Income: $null Traditional Rental Income: $2306 Airbnb ROI: N/A Traditional ROI: 5.92%
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.	$324,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.33% Airbnb Rental Income: $null Traditional Rental Income: $1592 Airbnb ROI: N/A Traditional ROI: 3.33%
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: N/A Traditional cash on cash: 1.4% Airbnb Rental Income: $null Traditional Rental Income: $2465 Airbnb ROI: N/A Traditional ROI: 1.4%
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: N/A Traditional cash on cash: 4.72% Airbnb Rental Income: $null Traditional Rental Income: $3661 Airbnb ROI: N/A Traditional ROI: 4.72%
3808 Vale Drive Traverse City, MI Move-In Ready 2-Bedroom Townhouse in Prime Traverse City â Priced to Sell! Hereâs you...	2 beds \| 1 baths \| 906 sq.ft.	$194,900	Airbnb cash on cash: N/A Traditional cash on cash: 4.19% Airbnb Rental Income: $null Traditional Rental Income: $1412 Airbnb ROI: N/A Traditional ROI: 4.19%
715 E STATE STREET Traverse City, MI Overlooking a park in downtown Traverse City, this condo offers the rare combination of wa...	2 beds \| 3 baths \| 1,142 sq.ft.	$535,000	Airbnb cash on cash: N/A Traditional cash on cash: 1.09% Airbnb Rental Income: $null Traditional Rental Income: $1903 Airbnb ROI: N/A Traditional ROI: 1.09%
3756 Country Club Drive #9 Traverse City, MI Welcome to this beautifully updated Turn-Key 2-bedroom, 2-bath condo in the highly sought-...	2 beds \| 2 baths \| 1,468 sq.ft.	$450,000	Airbnb cash on cash: N/A Traditional cash on cash: 1.9% Airbnb Rental Income: $null Traditional Rental Income: $2015 Airbnb ROI: N/A Traditional ROI: 1.9%
4033 Sherwood Forest Drive Traverse City, MI Tucked into the trees at the edge of Holiday Hills, 4033 Sherwood Forest Drive feels like ...	4 beds \| 3 baths \| 2,550 sq.ft.	$350,000	Airbnb cash on cash: N/A Traditional cash on cash: 7.81% Airbnb Rental Income: $null Traditional Rental Income: $3491 Airbnb ROI: N/A Traditional ROI: 7.81%
8906-A Manhattan North Traverse City, MI Welcome to 8906-A Manhattan North, a custom-built 2-bed, 2-bath condo with a 1-car garage,...	2 beds \| 2 baths \| 1,572 sq.ft.	$499,900	Airbnb cash on cash: N/A Traditional cash on cash: 2.38% Airbnb Rental Income: $null Traditional Rental Income: $2499 Airbnb ROI: N/A Traditional ROI: 2.38%
3239 Wexford Drive Traverse City, MI Enjoy easy living in this beautifully updated 2BR/2.5BA townhome style condo just 10 minut...	2 beds \| 3 baths \| 1,629 sq.ft.	$359,000	Airbnb cash on cash: N/A Traditional cash on cash: 2.78% Airbnb Rental Income: $null Traditional Rental Income: $2087 Airbnb ROI: N/A Traditional ROI: 2.78%
143 E Eighth Street #103 Traverse City, MI Located in one of Traverse Cityâs most walkable and vibrant neighborhoods, this beautifu...	1 beds \| 1 baths \| 660 sq.ft.	$310,000	Airbnb cash on cash: N/A Traditional cash on cash: 1.72% Airbnb Rental Income: $null Traditional Rental Income: $1515 Airbnb ROI: N/A Traditional ROI: 1.72%
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.	$390,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.22% Airbnb Rental Income: $null Traditional Rental Income: $2240 Airbnb ROI: N/A Traditional ROI: 3.22%
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.	$575,000	Airbnb cash on cash: N/A Traditional cash on cash: 2.6% Airbnb Rental Income: $null Traditional Rental Income: $2031 Airbnb ROI: N/A Traditional ROI: 2.6%
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: N/A Traditional cash on cash: 6.35% Airbnb Rental Income: $null Traditional Rental Income: $1666 Airbnb ROI: N/A Traditional ROI: 6.35%
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: N/A Traditional cash on cash: 3.09% Airbnb Rental Income: $null Traditional Rental Income: $1984 Airbnb ROI: N/A Traditional ROI: 3.09%
7052 CHERRYWOOD COURT Traverse City, MI Discover the charm of Old Mission Peninsula living in this beautifully updated 2-bedroom, ...	2 beds \| 2 baths \| 1,092 sq.ft.	$327,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.36% Airbnb Rental Income: $null Traditional Rental Income: $2210 Airbnb ROI: N/A Traditional ROI: 4.36%
3777 Vale Drive Traverse City, MI Affordable living just 15 minutes to Traverse City and minutes to the TART Trail, Mt. Holi...	2 beds \| 2 baths \| 960 sq.ft.	$195,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.94% Airbnb Rental Income: $null Traditional Rental Income: $1658 Airbnb ROI: N/A Traditional ROI: 5.94%
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: N/A Traditional cash on cash: 1.31% Airbnb Rental Income: $null Traditional Rental Income: $1620 Airbnb ROI: N/A Traditional ROI: 1.31%
1139 E Eighth Street #7 Traverse City, MI Carefree living lifestyle in downtown Traverse City on desirable Eighth Street. Take adva...	1 beds \| 1 baths \| 750 sq.ft.	$217,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.84% Airbnb Rental Income: $null Traditional Rental Income: $1865 Airbnb ROI: N/A Traditional ROI: 5.84%
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: N/A Traditional cash on cash: 1.34% Airbnb Rental Income: $null Traditional Rental Income: $2211 Airbnb ROI: N/A Traditional ROI: 1.34%
714 #206 Randolph Street #206 Traverse City, MI Step into easy downtown living, in the coveted Slabtown neighborhood, where West Grand Tra...	2 beds \| 2 baths \| 923 sq.ft.	$525,000	Airbnb cash on cash: N/A Traditional cash on cash: 1.35% Airbnb Rental Income: $null Traditional Rental Income: $2124 Airbnb ROI: N/A Traditional ROI: 1.35%
619 E Eighth Street #10 Traverse City, MI Donât let this opportunity slip away - hereâs your chance to own a charming condo in t...	1 beds \| 1 baths \| 444 sq.ft.	$179,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.97% Airbnb Rental Income: $null Traditional Rental Income: $1559 Airbnb ROI: N/A Traditional ROI: 4.97%
231 Midtown Drive Traverse City, MI Riverfront Retreat in the Heart of Traverse City! Nestled along the peaceful banks of the ...	2 beds \| 3 baths \| 2,451 sq.ft.	$879,000	Airbnb cash on cash: N/A Traditional cash on cash: 0.88% Airbnb Rental Income: $null Traditional Rental Income: $2559 Airbnb ROI: N/A Traditional ROI: 0.88%
6432 MISSION RIDGE Traverse City, MI Highly desirable end-unit in Port of Old Mission, with a lovely yard and stunning views of...	4 beds \| 4 baths \| 3,200 sq.ft.	$635,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.3% Airbnb Rental Income: $null Traditional Rental Income: $4489 Airbnb ROI: N/A Traditional ROI: 5.3%
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: N/A Traditional cash on cash: 4.25% Airbnb Rental Income: $null Traditional Rental Income: $2004 Airbnb ROI: N/A Traditional ROI: 4.25%
1502 SIMSBURY STREET Traverse City, MI You will love your new low maintenance, main level living lifestyle in this 2 BR, 2 BA end...	2 beds \| 2 baths \| 1,289 sq.ft.	$404,500	Airbnb cash on cash: N/A Traditional cash on cash: 1.13% Airbnb Rental Income: $null Traditional Rental Income: $1478 Airbnb ROI: N/A Traditional ROI: 1.13%
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.	$575,000	Airbnb cash on cash: N/A Traditional cash on cash: 0.97% Airbnb Rental Income: $null Traditional Rental Income: $1970 Airbnb ROI: N/A Traditional ROI: 0.97%
412 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: N/A Traditional cash on cash: 1.17% Airbnb Rental Income: $null Traditional Rental Income: $3021 Airbnb ROI: N/A Traditional ROI: 1.17%
412 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: N/A Traditional cash on cash: 1.02% Airbnb Rental Income: $null Traditional Rental Income: $2738 Airbnb ROI: N/A Traditional ROI: 1.02%
412 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: N/A Traditional cash on cash: 0.35% Airbnb Rental Income: $null Traditional Rental Income: $2726 Airbnb ROI: N/A Traditional ROI: 0.35%
412 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: N/A Traditional cash on cash: 1.31% Airbnb Rental Income: $null Traditional Rental Income: $2510 Airbnb ROI: N/A Traditional ROI: 1.31%
101 N Park Street #409 Traverse City, MI Discover downtown Traverse City living with this stylish studio condo that offers potentia...	1 beds \| 1 baths \| 796 sq.ft.	$499,000	Airbnb cash on cash: N/A Traditional cash on cash: 1.82% Airbnb Rental Income: $null Traditional Rental Income: $1512 Airbnb ROI: N/A Traditional ROI: 1.82%
2305 N US-31 #300 Traverse City, MI Resort rental condo in the heart of Traverse City's Miracle Mile! 200' of beautiful sandy ...	1 beds \| 1 baths \| 600 sq.ft.	$185,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.16% Airbnb Rental Income: $null Traditional Rental Income: $1443 Airbnb ROI: N/A Traditional ROI: 5.16%
1741 Linden Avenue #15 Traverse City, MI Brand new, energy-efficient duplex condo offering one-story, handicap-accessible living wi...	3 beds \| 3 baths \| 2,460 sq.ft.	$474,900	Airbnb cash on cash: N/A Traditional cash on cash: 5.91% Airbnb Rental Income: $null Traditional Rental Income: $3197 Airbnb ROI: N/A Traditional ROI: 5.91%
715 E STATE STREET 28 Traverse City, MI Overlooking a park in downtown Traverse City, this condo offers the rare combination of wa...	2 beds \| 3 baths \| 1,142 sq.ft.	$535,000	Airbnb cash on cash: N/A Traditional cash on cash: 0.89% Airbnb Rental Income: $null Traditional Rental Income: $2244 Airbnb ROI: N/A Traditional ROI: 0.89%
630 Garfield #318 Traverse City, MI Where character, comfort, and location collide! We want to welcome you to a place that tru...	2 beds \| 2 baths \| 961 sq.ft.	$380,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.06% Airbnb Rental Income: $null Traditional Rental Income: $2086 Airbnb ROI: N/A Traditional ROI: 3.06%
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: N/A Traditional cash on cash: 3.21% Airbnb Rental Income: $null Traditional Rental Income: $2032 Airbnb ROI: N/A 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: N/A Traditional cash on cash: 2.04% Airbnb Rental Income: $null Traditional Rental Income: $1973 Airbnb ROI: N/A 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: N/A Traditional cash on cash: 1.47% Airbnb Rental Income: $null Traditional Rental Income: $3200 Airbnb ROI: N/A Traditional ROI: 1.47%

Your search for investment property begins and ends here

Condos for Sale in Traverse City, MI

2839 Ruby Street

Traverse City, MI

3 beds | 2 baths | 1,648 sq.ft.

$453,990

Airbnb cash on cash: N/A

Traditional cash on cash: 3.54%

Airbnb Rental Income: $null

Traditional Rental Income: $2358

Airbnb ROI: N/A

Traditional ROI: 3.54%

3948 Sherwood Forest Drive

Traverse City, MI

2 beds | 2 baths | 1,728 sq.ft.

$279,900

Airbnb cash on cash: N/A

Traditional cash on cash: 5.92%

Airbnb Rental Income: $null

Traditional Rental Income: $2306

Airbnb ROI: N/A

Traditional ROI: 5.92%

2993 Emerald Isle

Traverse City, MI

2 beds | 2 baths | 962 sq.ft.

$324,000

Airbnb cash on cash: N/A

Traditional cash on cash: 3.33%

Airbnb Rental Income: $null

Traditional Rental Income: $1592

Airbnb ROI: N/A

Traditional ROI: 3.33%

206 Boardman Avenue

Traverse City, MI

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

$999,000

Airbnb cash on cash: N/A

Traditional cash on cash: 1.4%

Airbnb Rental Income: $null

Traditional Rental Income: $2465

Airbnb ROI: N/A

Traditional ROI: 1.4%

2129 Chrystal Ridge Drive

Traverse City, MI

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

$495,000

Airbnb cash on cash: N/A

Traditional cash on cash: 4.72%

Airbnb Rental Income: $null

Traditional Rental Income: $3661

Airbnb ROI: N/A

Traditional ROI: 4.72%

3808 Vale Drive

Traverse City, MI

2 beds | 1 baths | 906 sq.ft.

$194,900

Airbnb cash on cash: N/A

Traditional cash on cash: 4.19%

Airbnb Rental Income: $null

Traditional Rental Income: $1412

Airbnb ROI: N/A

Traditional ROI: 4.19%

715 E STATE STREET

Traverse City, MI

2 beds | 3 baths | 1,142 sq.ft.

$535,000

Airbnb cash on cash: N/A

Traditional cash on cash: 1.09%

Airbnb Rental Income: $null

Traditional Rental Income: $1903

Airbnb ROI: N/A

Traditional ROI: 1.09%

3756 Country Club Drive #9

Traverse City, MI

2 beds | 2 baths | 1,468 sq.ft.

$450,000

Airbnb cash on cash: N/A

Traditional cash on cash: 1.9%

Airbnb Rental Income: $null

Traditional Rental Income: $2015

Airbnb ROI: N/A