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.

Single Family Homes for Sale in Alpena, MI

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

Showing 32 Single Family Residential 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
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.	$269,000	Airbnb cash on cash: 0.21% Traditional cash on cash: 8.51% Airbnb Rental Income: $949 Traditional Rental Income: $2707 Airbnb ROI: 0.21% Traditional ROI: 8.51%
425 S State Avenue Alpena, MI Wonderful Lake Huron area get-a-way or retirement home across the street from Lake Huron! ...	2 beds \| 1 baths \| 1,856 sq.ft.	$209,000	Airbnb cash on cash: -1.16% Traditional cash on cash: 2.54% Airbnb Rental Income: $560 Traditional Rental Income: $1010 Airbnb ROI: -1.16% Traditional ROI: 2.54%
920 Sable Street Alpena, MI Own this beautiful two-bedroom, two-bath home with well cared for hardwood floors, main le...	2 beds \| 2 baths \| 2,508 sq.ft.	$199,900	Airbnb cash on cash: -1.07% Traditional cash on cash: 9.93% Airbnb Rental Income: $560 Traditional Rental Income: $2365 Airbnb ROI: -1.07% Traditional ROI: 9.93%
121 Channel Road 1 Alpena, MI NEW AC, water heater, and heating system. This channel-front home offers direct access to ...	3 beds \| 2 baths \| 1,950 sq.ft.	$415,000	Airbnb cash on cash: -0.52% Traditional cash on cash: 5.36% Airbnb Rental Income: $949 Traditional Rental Income: $2889 Airbnb ROI: -0.52% Traditional ROI: 5.36%
6234 French Road Alpena, MI Pleasant ranch home on paved road just minutes from town and Long Lake boat launch. Many u...	3 beds \| 1 baths \| 1,352 sq.ft.	$177,500	Airbnb cash on cash: 1.35% Traditional cash on cash: 10.08% Airbnb Rental Income: $949 Traditional Rental Income: $2076 Airbnb ROI: 1.35% Traditional ROI: 10.08%
567 Long Rapids Road Alpena, MI Great City location with all the feel of country living. Short distance to the hospital an...	4 beds \| 2 baths \| 1,866 sq.ft.	$269,900	Airbnb cash on cash: 1.39% Traditional cash on cash: 8.4% Airbnb Rental Income: $1407 Traditional Rental Income: $2770 Airbnb ROI: 1.39% Traditional ROI: 8.4%
104 Birdie Lane Alpena, MI This delightful 2-bedroom, 1-bath home sits just steps from the golf course-fitting for it...	2 beds \| 1 baths \| 1,650 sq.ft.	$159,200	Airbnb cash on cash: -0.53% Traditional cash on cash: 9.05% Airbnb Rental Income: $560 Traditional Rental Income: $1733 Airbnb ROI: -0.53% Traditional ROI: 9.05%
701 S Brooke Street Alpena, MI One level living! You will enjoy the open spaces in this rambling ranch. Large living room...	3 beds \| 2 baths \| 1,500 sq.ft.	$170,000	Airbnb cash on cash: 1.38% Traditional cash on cash: 11.38% Airbnb Rental Income: $949 Traditional Rental Income: $2223 Airbnb ROI: 1.38% Traditional ROI: 11.38%
1711 LAKE WINYAH Alpena, MI COZY 2290 SQ FOOT BI LEVEL SITTING ON 1 ACRE OF STUNNING LAND. THIS HOME NOT ONLY FEATURES...	4 beds \| 2 baths \| 2,290 sq.ft.	$250,000	Airbnb cash on cash: 1.76% Traditional cash on cash: 9.85% Airbnb Rental Income: $1407 Traditional Rental Income: $2894 Airbnb ROI: 1.76% Traditional ROI: 9.85%
6815 Wessel Road Alpena, MI Well-maintained 2003 manufactured featuring a custom walk-in shower and functional living ...	3 beds \| 2 baths \| 1,260 sq.ft.	$225,000	Airbnb cash on cash: -0.13% Traditional cash on cash: 6.83% Airbnb Rental Income: $949 Traditional Rental Income: $2085 Airbnb ROI: -0.13% Traditional ROI: 6.83%
602 S Brooke Street Alpena, MI Well-maintained 3-bedroom, 2-bathroom home in a convenient location close to schools, rest...	3 beds \| 2 baths \| 1,518 sq.ft.	$172,900	Airbnb cash on cash: 0.58% Traditional cash on cash: 11.38% Airbnb Rental Income: $949 Traditional Rental Income: $2381 Airbnb ROI: 0.58% Traditional ROI: 11.38%
8558 N Point Shores Road Alpena, MI Newer, custom built ranch boasting 100' of frontage on majestic Lake Huron. Panoramic view...	3 beds \| 2 baths \| 1,806 sq.ft.	$525,000	Airbnb cash on cash: -0.76% Traditional cash on cash: 3.94% Airbnb Rental Income: $949 Traditional Rental Income: $2907 Airbnb ROI: -0.76% Traditional ROI: 3.94%
1125 Sheridan Drive Alpena, MI Charming 3-bedroom, 1-bath home offering efficient living with a quaint footprint and thou...	3 beds \| 1 baths \| 960 sq.ft.	$139,900	Airbnb cash on cash: 1.28% Traditional cash on cash: 9.6% Airbnb Rental Income: $949 Traditional Rental Income: $1718 Airbnb ROI: 1.28% Traditional ROI: 9.6%
17952 Birch Street Alpena, MI Enjoy waterfront living in this charming three bedroom, one and a half bath home situated ...	3 beds \| 2 baths \| 1,600 sq.ft.	$526,000	Airbnb cash on cash: -1.49% Traditional cash on cash: 2.5% Airbnb Rental Income: $949 Traditional Rental Income: $2567 Airbnb ROI: -1.49% Traditional ROI: 2.5%
8420 US-23 Alpena, MI Tucked onto an oversized lot, this beautifully remodeled 2-bedroom, 2-bath home blends com...	2 beds \| 2 baths \| 1,104 sq.ft.	$175,000	Airbnb cash on cash: -1.41% Traditional cash on cash: 8.13% Airbnb Rental Income: $560 Traditional Rental Income: $1868 Airbnb ROI: -1.41% Traditional ROI: 8.13%

Your search for investment property begins and ends here

Single Family Homes for Sale in Alpena, MI

101 Island View Drive

Alpena, MI

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

$269,000

Airbnb cash on cash: 0.21%

Traditional cash on cash: 8.51%

Airbnb Rental Income: $949

Traditional Rental Income: $2707

Airbnb ROI: 0.21%

Traditional ROI: 8.51%

425 S State Avenue

Alpena, MI

2 beds | 1 baths | 1,856 sq.ft.

$209,000

Airbnb cash on cash: -1.16%

Traditional cash on cash: 2.54%

Airbnb Rental Income: $560

Traditional Rental Income: $1010

Airbnb ROI: -1.16%

Traditional ROI: 2.54%

920 Sable Street

Alpena, MI

2 beds | 2 baths | 2,508 sq.ft.

$199,900

Airbnb cash on cash: -1.07%

Traditional cash on cash: 9.93%

Airbnb Rental Income: $560

Traditional Rental Income: $2365

Airbnb ROI: -1.07%

Traditional ROI: 9.93%

121 Channel Road 1

Alpena, MI

3 beds | 2 baths | 1,950 sq.ft.

$415,000

Airbnb cash on cash: -0.52%

Traditional cash on cash: 5.36%

Airbnb Rental Income: $949

Traditional Rental Income: $2889

Airbnb ROI: -0.52%

Traditional ROI: 5.36%

6234 French Road

Alpena, MI

3 beds | 1 baths | 1,352 sq.ft.

$177,500

Airbnb cash on cash: 1.35%

Traditional cash on cash: 10.08%

Airbnb Rental Income: $949

Traditional Rental Income: $2076

Airbnb ROI: 1.35%

Traditional ROI: 10.08%

567 Long Rapids Road

Alpena, MI

4 beds | 2 baths | 1,866 sq.ft.

$269,900

Airbnb cash on cash: 1.39%

Traditional cash on cash: 8.4%

Airbnb Rental Income: $1407

Traditional Rental Income: $2770

Airbnb ROI: 1.39%

Traditional ROI: 8.4%

104 Birdie Lane

Alpena, MI

2 beds | 1 baths | 1,650 sq.ft.

$159,200

Airbnb cash on cash: -0.53%

Traditional cash on cash: 9.05%

Airbnb Rental Income: $560

Traditional Rental Income: $1733

Airbnb ROI: -0.53%

Traditional ROI: 9.05%

701 S Brooke Street

Alpena, MI

3 beds | 2 baths | 1,500 sq.ft.

$170,000

Airbnb cash on cash: 1.38%

Traditional cash on cash: 11.38%

Airbnb Rental Income: $949

Traditional Rental Income: $2223

Airbnb ROI: 1.38%