Real Estate Investment Properties for Sale in Alpena, MI

Looking for investment property in Alpena, MI with high ROI ?

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

Multi Family for Sale in Alpena, MI

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

Showing 2 Multi Family 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
310 W Campbell St Alpena, MI Motivated seller! Older style home with lots of charm and character. The large apartments ...	4 beds \| N/A baths \| 2,273 sq.ft.	$214,900	Airbnb cash on cash: 3.11% Traditional cash on cash: 7.92% Airbnb Rental Income: $1847 Traditional Rental Income: $2374 Airbnb ROI: 3.11% Traditional ROI: 7.92%
Other Investment Properties for Sale in Alpena
111 Canterbury Ln Alpena , MI Discover Effortless Living in Village Green - A Beautifully Updated, Move-In-Ready Townhom...	2 beds \| 1 baths \| 882 sq.ft.	$169,900	Airbnb cash on cash: 2.77% Traditional cash on cash: 6.73% Airbnb Rental Income: $1233 Traditional Rental Income: $1481 Airbnb ROI: 2.77% Traditional ROI: 6.73%
733 River St Alpena , MI	3 beds \| 1 baths \| 2,080 sq.ft.	$150,000	Airbnb cash on cash: 5.64% Traditional cash on cash: 11.62% Airbnb Rental Income: $1622 Traditional Rental Income: $2021 Airbnb ROI: 5.64% Traditional ROI: 11.62%
207 Mason St Alpena , MI Back on the market at no fault of the seller. This luxurious open concept home in the City...	4 beds \| 3 baths \| 2,659 sq.ft.	$350,000	Airbnb cash on cash: 2.01% Traditional cash on cash: 6.55% Airbnb Rental Income: $1847 Traditional Rental Income: $2933 Airbnb ROI: 2.01% Traditional ROI: 6.55%
101 Island View Dr Alpena , MI This home is truly move-in ready, reflecting the pride of meticulous ownership. It's packe...	3 beds \| 2 baths \| 2,088 sq.ft.	$259,900	Airbnb cash on cash: 2.48% Traditional cash on cash: 8.66% Airbnb Rental Income: $1622 Traditional Rental Income: $2707 Airbnb ROI: 2.48% Traditional ROI: 8.66%
1098 Wayne Rd Alpena , MI Welcome to this cute 3-bedroom, 2-bathroom ranch home located in Alpena Township. This hom...	3 beds \| 2 baths \| 1,100 sq.ft.	$173,000	Airbnb cash on cash: 4.56% Traditional cash on cash: 9.71% Airbnb Rental Income: $1622 Traditional Rental Income: $2060 Airbnb ROI: 4.56% Traditional ROI: 9.71%
1139 Fern Ln Alpena , MI Welcome home to this spacious 3-bedroom, 1 and a half bath property offering over 2,000 sq...	3 beds \| 2 baths \| 2,657 sq.ft.	$184,900	Airbnb cash on cash: 3.8% Traditional cash on cash: 11.31% Airbnb Rental Income: $1622 Traditional Rental Income: $2574 Airbnb ROI: 3.8% Traditional ROI: 11.31%
1116 Pine Rd Alpena , MI 3 bedroom, 1 bath home offering approximately 960 sq. ft. of comfortable living space. Per...	3 beds \| 1 baths \| 960 sq.ft.	$140,000	Airbnb cash on cash: 5.82% Traditional cash on cash: 10.44% Airbnb Rental Income: $1622 Traditional Rental Income: $1826 Airbnb ROI: 5.82% Traditional ROI: 10.44%
215 Fair Ave Alpena , MI This unique and beautiful 4-bedroom, 2-bath home is nestled on an oversized lot in the hea...	4 beds \| 2 baths \| 3,108 sq.ft.	$325,000	Airbnb cash on cash: 2.37% Traditional cash on cash: 4.2% Airbnb Rental Income: $1847 Traditional Rental Income: $1910 Airbnb ROI: 2.37% Traditional ROI: 4.2%

Your search for investment property begins and ends here

Multi Family for Sale in Alpena, MI

310 W Campbell St

Alpena, MI

4 beds | N/A baths | 2,273 sq.ft.

$214,900

Airbnb cash on cash: 3.11%

Traditional cash on cash: 7.92%

Airbnb Rental Income: $1847

Traditional Rental Income: $2374

Airbnb ROI: 3.11%

Traditional ROI: 7.92%

Other Investment Properties for Sale in Alpena

Alpena , MI

2 beds | 1 baths | 882 sq.ft.

$169,900

Airbnb cash on cash: 2.77%

Traditional cash on cash: 6.73%

Airbnb Rental Income: $1233

Traditional Rental Income: $1481

Airbnb ROI: 2.77%

Traditional ROI: 6.73%

Alpena , MI

3 beds | 1 baths | 2,080 sq.ft.

$150,000

Airbnb cash on cash: 5.64%

Traditional cash on cash: 11.62%

Airbnb Rental Income: $1622

Traditional Rental Income: $2021

Airbnb ROI: 5.64%

Traditional ROI: 11.62%

Alpena , MI

4 beds | 3 baths | 2,659 sq.ft.

$350,000

Airbnb cash on cash: 2.01%

Traditional cash on cash: 6.55%

Airbnb Rental Income: $1847

Traditional Rental Income: $2933

Airbnb ROI: 2.01%

Traditional ROI: 6.55%

Alpena , MI

3 beds | 2 baths | 2,088 sq.ft.

$259,900

Airbnb cash on cash: 2.48%

Traditional cash on cash: 8.66%

Airbnb Rental Income: $1622

Traditional Rental Income: $2707

Airbnb ROI: 2.48%

Traditional ROI: 8.66%

Alpena , MI

3 beds | 2 baths | 1,100 sq.ft.

$173,000

Airbnb cash on cash: 4.56%

Traditional cash on cash: 9.71%

Airbnb Rental Income: $1622

Traditional Rental Income: $2060

Airbnb ROI: 4.56%

Traditional ROI: 9.71%

Alpena , MI

3 beds | 2 baths | 2,657 sq.ft.

$184,900

Airbnb cash on cash: 3.8%

Traditional cash on cash: 11.31%

Airbnb Rental Income: $1622

Traditional Rental Income: $2574

Airbnb ROI: 3.8%

Traditional ROI: 11.31%

Alpena , MI

3 beds | 1 baths | 960 sq.ft.

$140,000

Airbnb cash on cash: 5.82%

Traditional cash on cash: 10.44%

Airbnb Rental Income: $1622

Traditional Rental Income: $1826

Airbnb ROI: 5.82%

Traditional ROI: 10.44%

Alpena , MI

4 beds | 2 baths | 3,108 sq.ft.

$325,000

Airbnb cash on cash: 2.37%

Traditional cash on cash: 4.2%