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.

Townhouses for Sale in Traverse City, MI

Search for Townhouse for Sale in Traverse City, 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 24 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
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.	$279,000	Airbnb cash on cash: 0.21% Traditional cash on cash: 3.33% Airbnb Rental Income: $1500 Traditional Rental Income: $1882 Airbnb ROI: 0.21% Traditional ROI: 3.33%
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: 3.14% Traditional cash on cash: 3.22% Airbnb Rental Income: $2881 Traditional Rental Income: $2240 Airbnb ROI: 3.14% Traditional ROI: 3.22%
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%
3751 Vale Drive #1 Traverse City, MI Enjoy low maintenance living with this adorable 2 bedroom, 1 bath condo! Close to the Holi...	2 beds \| 1 baths \| 960 sq.ft.	$220,000	Airbnb cash on cash: 2.13% Traditional cash on cash: 4.24% Airbnb Rental Income: $1500 Traditional Rental Income: $1501 Airbnb ROI: 2.13% Traditional ROI: 4.24%
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: -0.77% Traditional cash on cash: 1.09% Airbnb Rental Income: $1635 Traditional Rental Income: $2559 Airbnb ROI: -0.77% Traditional ROI: 1.09%
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: 0.19% Traditional cash on cash: 1.86% Airbnb Rental Income: $2068 Traditional Rental Income: $2760 Airbnb ROI: 0.19% 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: 1.03% Traditional cash on cash: 4.25% Airbnb Rental Income: $1543 Traditional Rental Income: $2004 Airbnb ROI: 1.03% Traditional ROI: 4.25%
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: -1.49% Traditional cash on cash: -0.82% Airbnb Rental Income: $2181 Traditional Rental Income: $3589 Airbnb ROI: -1.49% Traditional ROI: -0.82%
157 Uptown Court #5 Traverse City, MI Wake up to the sound of the Boardman River and walk to everything Traverse City has to off...	3 beds \| 4 baths \| 3,807 sq.ft.	$2,195,000	Airbnb cash on cash: -1.83% Traditional cash on cash: -0.33% Airbnb Rental Income: $2068 Traditional Rental Income: $4581 Airbnb ROI: -1.83% Traditional ROI: -0.33%
1500 US-31 N Traverse City, MI Welcome to Calypso East Bay-Traverse City's newest modern coastal development, perfectly p...	3 beds \| 3 baths \| 1,613 sq.ft.	$890,000	Airbnb cash on cash: -0.75% Traditional cash on cash: 1% Airbnb Rental Income: $2096 Traditional Rental Income: $3007 Airbnb ROI: -0.75% Traditional ROI: 1%
715 Lake Avenue #B Traverse City, MI Welcome to 715 Lake Ave Unit B, a fantastic opportunity in the highly sought-after Old Tow...	2 beds \| 2 baths \| 910 sq.ft.	$377,000	Airbnb cash on cash: 0.9% Traditional cash on cash: 2.01% Airbnb Rental Income: $1635 Traditional Rental Income: $1566 Airbnb ROI: 0.9% Traditional ROI: 2.01%
305 E Eighth Traverse City, MI Experience the best of downtown Traverse City living in this meticulously maintained and w...	2 beds \| 2 baths \| 1,056 sq.ft.	$410,000	Airbnb cash on cash: 1.69% Traditional cash on cash: 4.29% Airbnb Rental Income: $1635 Traditional Rental Income: $2171 Airbnb ROI: 1.69% Traditional ROI: 4.29%
139 Uptown Court Traverse City, MI Positioned riverfront in the heart of downtown Traverse City, 139 Uptown Court is the larg...	4 beds \| 3 baths \| 4,930 sq.ft.	$2,850,000	Airbnb cash on cash: -1.4% Traditional cash on cash: -0.67% Airbnb Rental Income: $1799 Traditional Rental Income: $3232 Airbnb ROI: -1.4% Traditional ROI: -0.67%
3863 Falling Leaf Trail #A7 Traverse City, MI Motivated sellers have priced this beautifully maintained Holiday Hills condo to move. Whe...	3 beds \| 4 baths \| 1,744 sq.ft.	$369,900	Airbnb cash on cash: 2.43% Traditional cash on cash: 7.06% Airbnb Rental Income: $2096 Traditional Rental Income: $3165 Airbnb ROI: 2.43% Traditional ROI: 7.06%
720 Centre Place #20 Traverse City, MI Enjoy the best of waterfront living with this beautifully appointed 2-bedroom, 2-bath cond...	2 beds \| 2 baths \| 1,075 sq.ft.	$395,000	Airbnb cash on cash: 0.06% Traditional cash on cash: 2.36% Airbnb Rental Income: $1500 Traditional Rental Income: $1914 Airbnb ROI: 0.06% Traditional ROI: 2.36%
215 Barlow Street Traverse City, MI Discover luxury downtown Traverse City living in this pristine new townhome offering 1,625...	2 beds \| 3 baths \| 1,625 sq.ft.	$1,195,000	Airbnb cash on cash: -0.63% Traditional cash on cash: 0.79% Airbnb Rental Income: $1543 Traditional Rental Income: $2676 Airbnb ROI: -0.63% Traditional ROI: 0.79%
259 Midtown Drive Traverse City, MI Live in the heart of downtown Traverse City with beautiful views of the Boardman River rig...	3 beds \| 2 baths \| 1,848 sq.ft.	$669,000	Airbnb cash on cash: -0.17% Traditional cash on cash: 0.58% Airbnb Rental Income: $2124 Traditional Rental Income: $2050 Airbnb ROI: -0.17% Traditional ROI: 0.58%
4138 Sherwood Forest Drive Traverse City, MI Beautifully updated end-unit condominium in the desirable Holiday Hills neighborhood! Remo...	3 beds \| 3 baths \| 1,800 sq.ft.	$354,900	Airbnb cash on cash: 2.67% Traditional cash on cash: 5.53% Airbnb Rental Income: $2096 Traditional Rental Income: $2509 Airbnb ROI: 2.67% Traditional ROI: 5.53%
429 Munson Place #9 Traverse City, MI Enjoy carefree condo living in this spacious upper-level 2-bedroom, 2-bath residence, idea...	2 beds \| 2 baths \| 1,140 sq.ft.	$335,000	Airbnb cash on cash: 0.34% Traditional cash on cash: 3.37% Airbnb Rental Income: $1543 Traditional Rental Income: $2053 Airbnb ROI: 0.34% Traditional ROI: 3.37%
240 Peninsula Hills Drive Traverse City, MI Peninsula Hills Townhomes on Old Mission \| West Bay Waterfront Rarely available and deeply...	2 beds \| 2 baths \| 1,836 sq.ft.	$529,900	Airbnb cash on cash: 0.52% Traditional cash on cash: 2.25% Airbnb Rental Income: $1543 Traditional Rental Income: $1953 Airbnb ROI: 0.52% Traditional ROI: 2.25%
1027 Fern Street #1 Traverse City, MI Welcome to Homestretch's latest affordable housing offering in Traverse City. These are ne...	2 beds \| 3 baths \| 1,362 sq.ft.	$299,000	Airbnb cash on cash: 1.85% Traditional cash on cash: 6.48% Airbnb Rental Income: $1500 Traditional Rental Income: $2365 Airbnb ROI: 1.85% Traditional ROI: 6.48%

Your search for investment property begins and ends here

Townhouses for Sale in Traverse City, MI

4003 Robin Hood Lane

Traverse City, MI

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

$279,000

Airbnb cash on cash: 0.21%

Traditional cash on cash: 3.33%

Airbnb Rental Income: $1500

Traditional Rental Income: $1882

Airbnb ROI: 0.21%

Traditional ROI: 3.33%

595 Georgetown Place #12

Traverse City, MI

3 beds | 2 baths | 1,738 sq.ft.

$390,000

Airbnb cash on cash: 3.14%

Traditional cash on cash: 3.22%

Airbnb Rental Income: $2881

Traditional Rental Income: $2240

Airbnb ROI: 3.14%

Traditional ROI: 3.22%

710 Centre Place #26

Traverse City, MI

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%

3751 Vale Drive #1

Traverse City, MI

2 beds | 1 baths | 960 sq.ft.

$220,000

Airbnb cash on cash: 2.13%

Traditional cash on cash: 4.24%

Airbnb Rental Income: $1500

Traditional Rental Income: $1501

Airbnb ROI: 2.13%

Traditional ROI: 4.24%

231 Midtown Drive

Traverse City, MI

2 beds | 3 baths | 2,451 sq.ft.

$799,900

Airbnb cash on cash: -0.77%

Traditional cash on cash: 1.09%

Airbnb Rental Income: $1635

Traditional Rental Income: $2559

Airbnb ROI: -0.77%

Traditional ROI: 1.09%

112 Fairway Hills Drive

Traverse City, MI

3 beds | 4 baths | 2,313 sq.ft.

$789,000

Airbnb cash on cash: 0.19%

Traditional cash on cash: 1.86%

Airbnb Rental Income: $2068

Traditional Rental Income: $2760

Airbnb ROI: 0.19%

Traditional ROI: 1.86%

3792 Woodgate Drive

Traverse City, MI

2 beds | 2 baths | 960 sq.ft.

$299,900

Airbnb cash on cash: 1.03%

Traditional cash on cash: 4.25%

Airbnb Rental Income: $1543

Traditional Rental Income: $2004

Airbnb ROI: 1.03%

Traditional ROI: 4.25%

100 Park Street #C

Traverse City, MI

3 beds | 4 baths | 2,500 sq.ft.

$3,150,000

Airbnb cash on cash: -1.49%

Traditional cash on cash: -0.82%

Airbnb Rental Income: $2181

Traditional Rental Income: $3589

Airbnb ROI: -1.49%