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 21 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
1921 Long Rapids Road Alpena, MI Modern Riverfront Living on the Thunder Bay River Tucked into a natural wooded setting whe...	5 beds \| 3 baths \| 4,146 sq.ft.	$620,000	Airbnb cash on cash: 0.04% Traditional cash on cash: 4.78% Airbnb Rental Income: $1406 Traditional Rental Income: $3729 Airbnb ROI: 0.04% Traditional ROI: 4.78%
232 South First Ave Alpena, MI Step into timeless elegance with this 6000 plus sq ft, two story, four bedroom, six bath r...	4 beds \| 4 baths \| 6,791 sq.ft.	$895,000	Airbnb cash on cash: -0.97% Traditional cash on cash: 5.88% Airbnb Rental Income: $1080 Traditional Rental Income: $6415 Airbnb ROI: -0.97% Traditional ROI: 5.88%
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: -0.32% Traditional cash on cash: 9.93% Airbnb Rental Income: $731 Traditional Rental Income: $2365 Airbnb ROI: -0.32% Traditional ROI: 9.93%
14021 Morrow Rd Alpena, MI Tucked away at the end of a quiet dead-end road, this property offers a rare opportunity t...	5 beds \| 1 baths \| 1,843 sq.ft.	$389,900	Airbnb cash on cash: -0.09% Traditional cash on cash: 1.67% Airbnb Rental Income: $1406 Traditional Rental Income: $1626 Airbnb ROI: -0.09% Traditional ROI: 1.67%
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: 0.6% Traditional cash on cash: 9.85% Airbnb Rental Income: $1080 Traditional Rental Income: $2894 Airbnb ROI: 0.6% Traditional ROI: 9.85%
14359 Parallel Ave Alpena, MI 3+ Bedroom 1 1/2 Bath Ranch on corner lot of Parallel & Sunset Dr. A Subdivision Long Lake...	3 beds \| 1 baths \| 1,800 sq.ft.	$268,500	Airbnb cash on cash: -0.44% Traditional cash on cash: 1.9% Airbnb Rental Income: $996 Traditional Rental Income: $1260 Airbnb ROI: -0.44% Traditional ROI: 1.9%
5331 N US Highway 23 Alpena, MI Charming and move-in ready, this 3-bedroom, 1-bath home offers comfort and convenience in ...	3 beds \| 1 baths \| 1,035 sq.ft.	$165,000	Airbnb cash on cash: 1.8% Traditional cash on cash: 8.76% Airbnb Rental Income: $996 Traditional Rental Income: $1736 Airbnb ROI: 1.8% Traditional ROI: 8.76%

Your search for investment property begins and ends here

Single Family Homes for Sale in Alpena, MI

1921 Long Rapids Road

Alpena, MI

5 beds | 3 baths | 4,146 sq.ft.

$620,000

Airbnb cash on cash: 0.04%

Traditional cash on cash: 4.78%

Airbnb Rental Income: $1406

Traditional Rental Income: $3729

Airbnb ROI: 0.04%

Traditional ROI: 4.78%

232 South First Ave

Alpena, MI

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

$895,000

Airbnb cash on cash: -0.97%

Traditional cash on cash: 5.88%

Airbnb Rental Income: $1080

Traditional Rental Income: $6415

Airbnb ROI: -0.97%

Traditional ROI: 5.88%

920 Sable Street

Alpena, MI

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

$199,900

Airbnb cash on cash: -0.32%

Traditional cash on cash: 9.93%

Airbnb Rental Income: $731

Traditional Rental Income: $2365

Airbnb ROI: -0.32%

Traditional ROI: 9.93%

14021 Morrow Rd

Alpena, MI

5 beds | 1 baths | 1,843 sq.ft.

$389,900

Airbnb cash on cash: -0.09%

Traditional cash on cash: 1.67%

Airbnb Rental Income: $1406

Traditional Rental Income: $1626

Airbnb ROI: -0.09%

Traditional ROI: 1.67%

1711 LAKE WINYAH

Alpena, MI

4 beds | 2 baths | 2,290 sq.ft.

$250,000

Airbnb cash on cash: 0.6%

Traditional cash on cash: 9.85%

Airbnb Rental Income: $1080

Traditional Rental Income: $2894

Airbnb ROI: 0.6%

Traditional ROI: 9.85%

14359 Parallel Ave

Alpena, MI

3 beds | 1 baths | 1,800 sq.ft.

$268,500

Airbnb cash on cash: -0.44%

Traditional cash on cash: 1.9%

Airbnb Rental Income: $996

Traditional Rental Income: $1260

Airbnb ROI: -0.44%

Traditional ROI: 1.9%

5331 N US Highway 23

Alpena, MI

3 beds | 1 baths | 1,035 sq.ft.

$165,000

Airbnb cash on cash: 1.8%

Traditional cash on cash: 8.76%

Airbnb Rental Income: $996

Traditional Rental Income: $1736

Airbnb ROI: 1.8%

Traditional ROI: 8.76%

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