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 138 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: 2.16% Traditional cash on cash: 3.53% Airbnb Rental Income: $2358 Traditional Rental Income: $2358 Airbnb ROI: 2.16% 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.	$299,999	Airbnb cash on cash: 0.77% Traditional cash on cash: 3.67% Airbnb Rental Income: $1154 Traditional Rental Income: $1592 Airbnb ROI: 0.77% Traditional ROI: 3.67%
820-14 Red Drive #14 Traverse City, MI Your search for old-world ambiance, a vibrant urban lifestyle & the perfect home or invest...	1 beds \| 1 baths \| 886 sq.ft.	$480,000	Airbnb cash on cash: -0.47% Traditional cash on cash: 1.39% Airbnb Rental Income: $750 Traditional Rental Income: $1274 Airbnb ROI: -0.47% Traditional ROI: 1.39%
1440 Forest Park Drive Traverse City, MI Wow - A completely updated in-town end unit condo overlooking a wildlife refuge and magnif...	3 beds \| 2 baths \| 1,807 sq.ft.	$449,900	Airbnb cash on cash: 2.79% Traditional cash on cash: 5.42% Airbnb Rental Income: $2358 Traditional Rental Income: $2880 Airbnb ROI: 2.79% Traditional ROI: 5.42%
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.	$650,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.98% Airbnb Rental Income: $null Traditional Rental Income: $3391 Airbnb ROI: N/A Traditional ROI: 3.98%
2305 US-31 N 400 Traverse City, MI Condo with 200' of shared Grand Traverse Bay waterfront! Fully furnished 1BR/1BA condo, pe...	1 beds \| 1 baths \| 712 sq.ft.	$269,900	Airbnb cash on cash: -1.28% Traditional cash on cash: 1.17% Airbnb Rental Income: $898 Traditional Rental Income: $1185 Airbnb ROI: -1.28% Traditional ROI: 1.17%
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: -2.69% Traditional cash on cash: -1.48% Airbnb Rental Income: $953 Traditional Rental Income: $2854 Airbnb ROI: -2.69% Traditional ROI: -1.48%
641 Riverine Drive #201 Traverse City, MI Fully renovated 1 bedroom, 1 bath, condominium in Traverse Cityâs NoBo district. Perfect...	1 beds \| 1 baths \| 692 sq.ft.	$348,500	Airbnb cash on cash: -6.57% Traditional cash on cash: -3.02% Airbnb Rental Income: $667 Traditional Rental Income: $1530 Airbnb ROI: -6.57% Traditional ROI: -3.02%
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: 1.95% Traditional cash on cash: 3.22% Airbnb Rental Income: $2358 Traditional Rental Income: $2240 Airbnb ROI: 1.95% Traditional ROI: 3.22%
4110 Robin Hood Lane #35 Traverse City, MI Welcome to 4110 Robin Hood Lane, a clean and comfortable Traverse City condo offering easy...	2 beds \| 1 baths \| 936 sq.ft.	$224,900	Airbnb cash on cash: -1.92% Traditional cash on cash: 1.4% Airbnb Rental Income: $958 Traditional Rental Income: $1316 Airbnb ROI: -1.92% Traditional ROI: 1.4%
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.	$565,000	Airbnb cash on cash: 0.17% Traditional cash on cash: 2.66% Airbnb Rental Income: $1090 Traditional Rental Income: $2031 Airbnb ROI: 0.17% Traditional ROI: 2.66%
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.	$190,500	Airbnb cash on cash: 1.49% Traditional cash on cash: 6.42% Airbnb Rental Income: $1154 Traditional Rental Income: $1666 Airbnb ROI: 1.49% Traditional ROI: 6.42%
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.	$279,900	Airbnb cash on cash: -0.07% Traditional cash on cash: 3.82% Airbnb Rental Income: $958 Traditional Rental Income: $1637 Airbnb ROI: -0.07% Traditional ROI: 3.82%
138 W Gillis Street #19 Traverse City, MI Right in the heart of downtown Traverse City, this well-positioned 2-bedroom, 2-bath condo...	2 beds \| 2 baths \| 904 sq.ft.	$550,000	Airbnb cash on cash: -1.31% Traditional cash on cash: 1.79% Airbnb Rental Income: $1090 Traditional Rental Income: $2312 Airbnb ROI: -1.31% Traditional ROI: 1.79%
508 Hastings Street #1 Traverse City, MI Welcome to this Contemporary Urban Oasis near the heart of downtown Traverse City. This go...	1 beds \| 1 baths \| 564 sq.ft.	$299,000	Airbnb cash on cash: -2.24% Traditional cash on cash: 1.76% Airbnb Rental Income: $611 Traditional Rental Income: $1447 Airbnb ROI: -2.24% Traditional ROI: 1.76%
10627 Waterford Road #C Traverse City, MI Location, style, and convenience converge in this rare corner-unit townhouse offering sere...	3 beds \| 3 baths \| 1,226 sq.ft.	$459,000	Airbnb cash on cash: -0.77% Traditional cash on cash: 2.68% Airbnb Rental Income: $1531 Traditional Rental Income: $2569 Airbnb ROI: -0.77% Traditional ROI: 2.68%
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.	$359,900	Airbnb cash on cash: -2.06% Traditional cash on cash: 1.55% Airbnb Rental Income: $566 Traditional Rental Income: $1501 Airbnb ROI: -2.06% Traditional ROI: 1.55%
630-319 S Garfield Avenue #319 Traverse City, MI Welcome to your Up North escape or your brand-new investment property! And if you are look...	2 beds \| 2 baths \| 961 sq.ft.	$325,000	Airbnb cash on cash: -0.83% Traditional cash on cash: 3.31% Airbnb Rental Income: $958 Traditional Rental Income: $1874 Airbnb ROI: -0.83% Traditional ROI: 3.31%
630-306 S Garfield Avenue #306 Traverse City, MI Welcome to Trailside45 Unit 306, a beautifully furnished 2 bed, 2 bath condo offering mode...	2 beds \| 2 baths \| 897 sq.ft.	$319,000	Airbnb cash on cash: -0.8% Traditional cash on cash: 3.94% Airbnb Rental Income: $958 Traditional Rental Income: $2032 Airbnb ROI: -0.8% Traditional ROI: 3.94%
1825 E Eighth Street #220 Traverse City, MI Looking for an investment opportunity in Traverse City? Utilize this 2 bed 2 bath condo wh...	2 beds \| 2 baths \| 990 sq.ft.	$389,000	Airbnb cash on cash: -1.11% Traditional cash on cash: 2.08% Airbnb Rental Income: $958 Traditional Rental Income: $1774 Airbnb ROI: -1.11% Traditional ROI: 2.08%
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: -1.05% Traditional cash on cash: 2.66% Airbnb Rental Income: $566 Traditional Rental Income: $1398 Airbnb ROI: -1.05% Traditional ROI: 2.66%
2615 Green Meadows Drive Traverse City, MI Elevated golf-side living at Green Meadows, where luxury meets the great outdoors. Freshly...	2 beds \| 1 baths \| 800 sq.ft.	$199,900	Airbnb cash on cash: 2.13% Traditional cash on cash: 5.14% Airbnb Rental Income: $1154 Traditional Rental Income: $1344 Airbnb ROI: 2.13% Traditional ROI: 5.14%
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: -1.02% Traditional cash on cash: 1.31% Airbnb Rental Income: $1059 Traditional Rental Income: $1620 Airbnb ROI: -1.02% 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.	$650,000	Airbnb cash on cash: -2.38% Traditional cash on cash: 0.76% Airbnb Rental Income: $1090 Traditional Rental Income: $2622 Airbnb ROI: -2.38% Traditional ROI: 0.76%
2096 CHRYSTAL RIDGE DRIVE Traverse City, MI If you've ever wanted to live the carefree condo lifestyle with the privacy of a standalon...	3 beds \| 2 baths \| 1,400 sq.ft.	$409,900	Airbnb cash on cash: -0.75% Traditional cash on cash: 2.18% Airbnb Rental Income: $1155 Traditional Rental Income: $1899 Airbnb ROI: -0.75% Traditional ROI: 2.18%
708 Randolph Street #309 Traverse City, MI Downtown condo - near the beach and all that TC has to offer! Spacious top floor TWO bedro...	2 beds \| 2 baths \| 915 sq.ft.	$495,000	Airbnb cash on cash: -1.22% Traditional cash on cash: 3.76% Airbnb Rental Income: $1090 Traditional Rental Income: $3027 Airbnb ROI: -1.22% Traditional ROI: 3.76%
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.	$498,000	Airbnb cash on cash: -1.18% Traditional cash on cash: 1.67% Airbnb Rental Income: $1090 Traditional Rental Income: $2048 Airbnb ROI: -1.18% Traditional ROI: 1.67%
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: -1.85% Traditional cash on cash: 1.34% Airbnb Rental Income: $1090 Traditional Rental Income: $2211 Airbnb ROI: -1.85% Traditional ROI: 1.34%
231 Midtown Drive Traverse City, MI Arrive, exhale, and let the river do the rest. Perfectly positioned along the shimmering ...	2 beds \| 3 baths \| 2,451 sq.ft.	$829,900	Airbnb cash on cash: -1.51% Traditional cash on cash: 1.01% Airbnb Rental Income: $953 Traditional Rental Income: $2559 Airbnb ROI: -1.51% Traditional ROI: 1.01%
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: -2.11% Traditional cash on cash: -0.27% Airbnb Rental Income: $1531 Traditional Rental Income: $3140 Airbnb ROI: -2.11% Traditional ROI: -0.27%
1388 Gray Drive #3 Traverse City, MI Historic ambience and a modern urban lifestyle combine to create the ideal condominium. B...	1 beds \| 1 baths \| 853 sq.ft.	$479,000	Airbnb cash on cash: -1.76% Traditional cash on cash: 1.24% Airbnb Rental Income: $750 Traditional Rental Income: $1782 Airbnb ROI: -1.76% Traditional ROI: 1.24%
1388 Gray Drive #8 Traverse City, MI Discover a truly unique living experience at The Village at the GT Commons, where historic...	2 beds \| 2 baths \| 1,414 sq.ft.	$579,000	Airbnb cash on cash: -1.37% Traditional cash on cash: 2.24% Airbnb Rental Income: $1090 Traditional Rental Income: $2673 Airbnb ROI: -1.37% Traditional ROI: 2.24%
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: -1.29% Traditional cash on cash: 2.04% Airbnb Rental Income: $750 Traditional Rental Income: $1362 Airbnb ROI: -1.29% Traditional ROI: 2.04%
3792 Woodgate Drive 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: -0.69% Traditional cash on cash: 4.25% Airbnb Rental Income: $958 Traditional Rental Income: $2004 Airbnb ROI: -0.69% 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: -0.3% Traditional cash on cash: 2.88% Airbnb Rental Income: $1154 Traditional Rental Income: $1744 Airbnb ROI: -0.3% Traditional ROI: 2.88%
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.	$565,000	Airbnb cash on cash: -1.34% Traditional cash on cash: 1.03% Airbnb Rental Income: $1090 Traditional Rental Income: $1970 Airbnb ROI: -1.34% Traditional ROI: 1.03%
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: -0.41% Traditional cash on cash: 1.17% Airbnb Rental Income: $1301 Traditional Rental Income: $3021 Airbnb ROI: -0.41% 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: -0.39% Traditional cash on cash: 1.02% Airbnb Rental Income: $1301 Traditional Rental Income: $2738 Airbnb ROI: -0.39% 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: -0.59% Traditional cash on cash: 0.35% Airbnb Rental Income: $1301 Traditional Rental Income: $2726 Airbnb ROI: -0.59% 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: -0.23% Traditional cash on cash: 1.31% Airbnb Rental Income: $1301 Traditional Rental Income: $2510 Airbnb ROI: -0.23% Traditional ROI: 1.31%

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: 2.16%

Traditional cash on cash: 3.53%

Airbnb Rental Income: $2358

Traditional Rental Income: $2358

Airbnb ROI: 2.16%

Traditional ROI: 3.53%

2993 Emerald Isle

Traverse City, MI

2 beds | 2 baths | 962 sq.ft.

$299,999

Airbnb cash on cash: 0.77%

Traditional cash on cash: 3.67%

Airbnb Rental Income: $1154

Traditional Rental Income: $1592

Airbnb ROI: 0.77%

Traditional ROI: 3.67%

820-14 Red Drive #14

Traverse City, MI

1 beds | 1 baths | 886 sq.ft.

$480,000

Airbnb cash on cash: -0.47%

Traditional cash on cash: 1.39%

Airbnb Rental Income: $750

Traditional Rental Income: $1274

Airbnb ROI: -0.47%

Traditional ROI: 1.39%

1440 Forest Park Drive

Traverse City, MI

3 beds | 2 baths | 1,807 sq.ft.

$449,900

Airbnb cash on cash: 2.79%

Traditional cash on cash: 5.42%

Airbnb Rental Income: $2358

Traditional Rental Income: $2880

Airbnb ROI: 2.79%

Traditional ROI: 5.42%

2140 Chelsea Lane

Traverse City, MI

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

$650,000

Airbnb cash on cash: N/A

Traditional cash on cash: 3.98%

Airbnb Rental Income: $null

Traditional Rental Income: $3391

Airbnb ROI: N/A

Traditional ROI: 3.98%

2305 US-31 N 400

Traverse City, MI

1 beds | 1 baths | 712 sq.ft.

$269,900

Airbnb cash on cash: -1.28%

Traditional cash on cash: 1.17%

Airbnb Rental Income: $898

Traditional Rental Income: $1185

Airbnb ROI: -1.28%

Traditional ROI: 1.17%

109 E Front Street #301

Traverse City, MI

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

$1,999,999

Airbnb cash on cash: -2.69%

Traditional cash on cash: -1.48%

Airbnb Rental Income: $953

Traditional Rental Income: $2854

Airbnb ROI: -2.69%

Traditional ROI: -1.48%

641 Riverine Drive #201

Traverse City, MI

1 beds | 1 baths | 692 sq.ft.

$348,500

Airbnb cash on cash: -6.57%

Traditional cash on cash: -3.02%

Airbnb Rental Income: $667

Traditional Rental Income: $1530

Airbnb ROI: -6.57%