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 1 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
No multi familys are listed in Alpena, Michigan at the moment.
Other Investment Properties for Sale in Alpena
306 Elizabeth Street Alpena , MI Enjoy your cozy home with easy access to Thunder Bay River boat launch, great for kayaking...	3 beds \| 1 baths \| 1,554 sq.ft.	$167,000	Airbnb cash on cash: 1.28% Traditional cash on cash: 10.17% Airbnb Rental Income: $855 Traditional Rental Income: $1940 Airbnb ROI: 1.28% Traditional ROI: 10.17%
101 Island View Drive 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.	$289,000	Airbnb cash on cash: -0.16% Traditional cash on cash: 7.86% Airbnb Rental Income: $855 Traditional Rental Income: $2707 Airbnb ROI: -0.16% Traditional ROI: 7.86%
7863 Long Rapids Road Alpena , MI This home with beautiful frontage, on Thunder Bay River, includes a boat house that would ...	3 beds \| 2 baths \| 2,272 sq.ft.	$249,900	Airbnb cash on cash: 0.11% Traditional cash on cash: 10.71% Airbnb Rental Income: $855 Traditional Rental Income: $3025 Airbnb ROI: 0.11% Traditional ROI: 10.71%
232 S First Avenue Alpena , MI Step into timeless elegance with this 6000 plus sq ft, two story, four bedroom, six bath r...	4 beds \| 5 baths \| 6,791 sq.ft.	$895,000	Airbnb cash on cash: -0.6% Traditional cash on cash: 5.88% Airbnb Rental Income: $1446 Traditional Rental Income: $6415 Airbnb ROI: -0.6% Traditional ROI: 5.88%
212 Adams Street Alpena , MI Located within city limits, this 2-bedroom, 1-bath home features a full basement, attached...	2 beds \| 1 baths \| 1,872 sq.ft.	$112,000	Airbnb cash on cash: 2.88% Traditional cash on cash: 11.64% Airbnb Rental Income: $1070 Traditional Rental Income: $1652 Airbnb ROI: 2.88% Traditional ROI: 11.64%
635 W Washington Avenue Alpena , MI A RARE GEM right within the city limits! This stunning 4-bedroom, 4- full bathroom home of...	4 beds \| 4 baths \| 3,237 sq.ft.	$549,500	Airbnb cash on cash: 0.27% Traditional cash on cash: 5.33% Airbnb Rental Income: $1446 Traditional Rental Income: $3615 Airbnb ROI: 0.27% Traditional ROI: 5.33%
632 Sable Street Alpena , MI Charming and updated, this fully furnished move-in ready home is just close from downtown ...	2 beds \| 1 baths \| 1,608 sq.ft.	$145,000	Airbnb cash on cash: 2.6% Traditional cash on cash: 9.7% Airbnb Rental Income: $1070 Traditional Rental Income: $1688 Airbnb ROI: 2.6% Traditional ROI: 9.7%
212 Long Rapids Road Alpena , MI Escape to your own private retreat without ever leaving the city in this unique 4-bedroom,...	4 beds \| 4 baths \| 4,293 sq.ft.	$699,000	Airbnb cash on cash: -0.89% Traditional cash on cash: 2.26% Airbnb Rental Income: $1446 Traditional Rental Income: $3071 Airbnb ROI: -0.89% Traditional ROI: 2.26%
1460 Long Rapids Road Alpena , MI This 3-bedroom, 2-bath home offers 1,680 sq ft of comfortable living space on a generous 1...	3 beds \| 2 baths \| 2,520 sq.ft.	$265,000	Airbnb cash on cash: 0.19% Traditional cash on cash: 5.24% Airbnb Rental Income: $855 Traditional Rental Income: $1787 Airbnb ROI: 0.19% Traditional ROI: 5.24%
105 Sitting Bull Road Alpena , MI Brand-new home! This beautifully constructed 2-bedroom, 2-bath residence offers modern com...	2 beds \| 2 baths \| 960 sq.ft.	$159,900	Airbnb cash on cash: 1.48% Traditional cash on cash: 8.14% Airbnb Rental Income: $1070 Traditional Rental Income: $1719 Airbnb ROI: 1.48% Traditional ROI: 8.14%
303 S State Avenue Alpena , MI THE CASTLE like no other! Fully furnished. Turnkey w/hand carved solid wood furniture, art...	5 beds \| 3 baths \| 7,443 sq.ft.	$1,800,000	Airbnb cash on cash: -0.79% Traditional cash on cash: 1.37% Airbnb Rental Income: $1869 Traditional Rental Income: $4987 Airbnb ROI: -0.79% Traditional ROI: 1.37%

Your search for investment property begins and ends here

Multi Family for Sale in Alpena, MI

Other Investment Properties for Sale in Alpena

Alpena , MI

3 beds | 1 baths | 1,554 sq.ft.

$167,000

Airbnb cash on cash: 1.28%

Traditional cash on cash: 10.17%

Airbnb Rental Income: $855

Traditional Rental Income: $1940

Airbnb ROI: 1.28%

Traditional ROI: 10.17%

Alpena , MI

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

$289,000

Airbnb cash on cash: -0.16%

Traditional cash on cash: 7.86%

Airbnb Rental Income: $855

Traditional Rental Income: $2707

Airbnb ROI: -0.16%

Traditional ROI: 7.86%

Alpena , MI

3 beds | 2 baths | 2,272 sq.ft.

$249,900

Airbnb cash on cash: 0.11%

Traditional cash on cash: 10.71%

Airbnb Rental Income: $855

Traditional Rental Income: $3025

Airbnb ROI: 0.11%

Traditional ROI: 10.71%

Alpena , MI

4 beds | 5 baths | 6,791 sq.ft.

$895,000

Airbnb cash on cash: -0.6%

Traditional cash on cash: 5.88%

Airbnb Rental Income: $1446

Traditional Rental Income: $6415

Airbnb ROI: -0.6%

Traditional ROI: 5.88%

Alpena , MI

2 beds | 1 baths | 1,872 sq.ft.

$112,000

Airbnb cash on cash: 2.88%

Traditional cash on cash: 11.64%

Airbnb Rental Income: $1070

Traditional Rental Income: $1652

Airbnb ROI: 2.88%

Traditional ROI: 11.64%

Alpena , MI

4 beds | 4 baths | 3,237 sq.ft.

$549,500

Airbnb cash on cash: 0.27%

Traditional cash on cash: 5.33%

Airbnb Rental Income: $1446

Traditional Rental Income: $3615

Airbnb ROI: 0.27%

Traditional ROI: 5.33%

Alpena , MI

2 beds | 1 baths | 1,608 sq.ft.

$145,000

Airbnb cash on cash: 2.6%

Traditional cash on cash: 9.7%

Airbnb Rental Income: $1070

Traditional Rental Income: $1688

Airbnb ROI: 2.6%

Traditional ROI: 9.7%

Alpena , MI

4 beds | 4 baths | 4,293 sq.ft.

$699,000

Airbnb cash on cash: -0.89%

Traditional cash on cash: 2.26%

Airbnb Rental Income: $1446

Traditional Rental Income: $3071

Airbnb ROI: -0.89%

Traditional ROI: 2.26%

Alpena , MI

3 beds | 2 baths | 2,520 sq.ft.

$265,000

Airbnb cash on cash: 0.19%

Traditional cash on cash: 5.24%

Airbnb Rental Income: $855