Real Estate Investment Properties for Sale in Baldwin, MI

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

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

Investment Property for Sale in Baldwin, MI

separator

PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
1041 Wolf Lake Drive Baldwin, MI All Sports Wolf Lake Access without all the neighbors and noise. This 3 bedroom home or 2n...	3 beds \| 1 baths \| 1,532 sq.ft.	$264,900	Airbnb cash on cash: 0.66% Traditional cash on cash: 4.94% Airbnb Rental Income: $1381 Traditional Rental Income: $2031 Airbnb ROI: 0.66% Traditional ROI: 4.94%
8465 S Michcon Avenue Baldwin, MI Homestead Life on half an acre!! This charming remodeled 5 bedroom home boasts established...	5 beds \| 1 baths \| 2,112 sq.ft.	$219,900	Airbnb cash on cash: N/A Traditional cash on cash: 8.16% Airbnb Rental Income: $null Traditional Rental Income: $2173 Airbnb ROI: N/A Traditional ROI: 8.16%
8224 W Pine Grove Beach Drive Baldwin, MI Everyone wants a place on Big Star Lake...now is your chance! Seller has over $400,000 int...	3 beds \| 1 baths \| 1,152 sq.ft.	$299,990	Airbnb cash on cash: 0.61% Traditional cash on cash: 3.74% Airbnb Rental Income: $1381 Traditional Rental Income: $1845 Airbnb ROI: 0.61% Traditional ROI: 3.74%
5242 S Forest Drive Baldwin, MI Here is a sweet off grid set up that is sure to please! 20 acres of mixed woods with state...	1 beds \| 1 baths \| 520 sq.ft.	$219,900	Airbnb cash on cash: -0.73% Traditional cash on cash: 2.5% Airbnb Rental Income: $631 Traditional Rental Income: $1010 Airbnb ROI: -0.73% Traditional ROI: 2.5%
2408 W Northland Drive Baldwin, MI Welcome home to this charming two-bedroom, two-bath residence ideally located close to tow...	2 beds \| 2 baths \| 1,150 sq.ft.	$190,000	Airbnb cash on cash: 3.08% Traditional cash on cash: 6.7% Airbnb Rental Income: $1371 Traditional Rental Income: $1607 Airbnb ROI: 3.08% Traditional ROI: 6.7%
8967 W Bowling Green Boulevard Baldwin, MI Your Ultimate Up North Escape Awaits! Nestled on a spacious and wooded 1.5-acre lot in the...	2 beds \| 1 baths \| 624 sq.ft.	$165,000	Airbnb cash on cash: 3.92% Traditional cash on cash: 5.45% Airbnb Rental Income: $1371 Traditional Rental Income: $1195 Airbnb ROI: 3.92% Traditional ROI: 5.45%
9325 S Lazy Lane #33 Baldwin, MI Super neat and well maintained RV Park model. Covered front deck allows pleasant spot to s...	1 beds \| 1 baths \| 665 sq.ft.	$82,500	Airbnb cash on cash: -0.22% Traditional cash on cash: 11.49% Airbnb Rental Income: $631 Traditional Rental Income: $1286 Airbnb ROI: -0.22% Traditional ROI: 11.49%
2083 S Lynx Track Trail Baldwin, MI Land Contract Terms Are Available! New Construction Alert! This beautifully crafted home i...	2 beds \| 2 baths \| 1,232 sq.ft.	$249,900	Airbnb cash on cash: 2.29% Traditional cash on cash: 6.96% Airbnb Rental Income: $1371 Traditional Rental Income: $2056 Airbnb ROI: 2.29% Traditional ROI: 6.96%
5576 S Whalen Lake Road Baldwin, MI Escape to tranquility with this beautiful cottage nestled on the shores of a peaceful no-w...	2 beds \| 1 baths \| 1,055 sq.ft.	$225,000	Airbnb cash on cash: 2.19% Traditional cash on cash: 6.46% Airbnb Rental Income: $1371 Traditional Rental Income: $1862 Airbnb ROI: 2.19% Traditional ROI: 6.46%
6583 W Eastlake Drive Baldwin, MI Here is an opportunity to turn this 1971 2 bedroom 1 bathroom mobile home, that is sitting...	2 beds \| 1 baths \| 720 sq.ft.	$99,900	Airbnb cash on cash: 7.18% Traditional cash on cash: 11.58% Airbnb Rental Income: $1371 Traditional Rental Income: $1381 Airbnb ROI: 7.18% Traditional ROI: 11.58%
8862 W Rainbow Lake Drive Baldwin, MI Located just 90 minutes north of Grand Rapids makes this a perfect lake home for vacationi...	3 beds \| 2 baths \| 2,080 sq.ft.	$315,000	Airbnb cash on cash: 1.45% Traditional cash on cash: 7.37% Airbnb Rental Income: $1381 Traditional Rental Income: $2717 Airbnb ROI: 1.45% Traditional ROI: 7.37%
8833 W Velt Avenue Baldwin, MI Welcome to 8833 W Velt! This stunning property offers 100 feet of frontage on Rainbow Lake...	3 beds \| 3 baths \| 1,453 sq.ft.	$399,900	Airbnb cash on cash: 0.74% Traditional cash on cash: 5.12% Airbnb Rental Income: $1381 Traditional Rental Income: $2605 Airbnb ROI: 0.74% Traditional ROI: 5.12%
6710 W Dana's Circle Baldwin, MI New construction alert! This wonderfully built 2-bedroom, 2-bathroom home is waiting for i...	2 beds \| 2 baths \| 1,112 sq.ft.	$177,900	Airbnb cash on cash: 4% Traditional cash on cash: 11.37% Airbnb Rental Income: $1371 Traditional Rental Income: $2202 Airbnb ROI: 4% Traditional ROI: 11.37%
6815 W Dana's Circle Baldwin, MI Beep, Beep! New construction coming thru! This beautiful, wooded lot boasts a 1-Bedroom, 1...	1 beds \| 1 baths \| 1,070 sq.ft.	$167,900	Airbnb cash on cash: 0.44% Traditional cash on cash: 9.8% Airbnb Rental Income: $631 Traditional Rental Income: $1835 Airbnb ROI: 0.44% Traditional ROI: 9.8%
11988 S Shady Grove Drive Baldwin, MI Summer is Here! Enjoy it to the fullest with this Outdoor Lover's Retreat! Welcome the new...	1 beds \| 1 baths \| 1,000 sq.ft.	$135,000	Airbnb cash on cash: -0.21% Traditional cash on cash: 8.8% Airbnb Rental Income: $631 Traditional Rental Income: $1505 Airbnb ROI: -0.21% Traditional ROI: 8.8%
3374 W 12th Street Baldwin, MI Tucked away on 10 peaceful acres near federal land, this 2-bedroom, 1-bath mobile home wit...	2 beds \| 1 baths \| 900 sq.ft.	$149,900	Airbnb cash on cash: 4.42% Traditional cash on cash: 7.89% Airbnb Rental Income: $1371 Traditional Rental Income: $1451 Airbnb ROI: 4.42% Traditional ROI: 7.89%
2873 W Oliver Street Baldwin, MI Stunning new build! Spacious, open concept floor plan. Bright and airy with soaring cathed...	3 beds \| 2 baths \| 2,714 sq.ft.	$399,900	Airbnb cash on cash: 0.29% Traditional cash on cash: 5.6% Airbnb Rental Income: $1381 Traditional Rental Income: $2952 Airbnb ROI: 0.29% Traditional ROI: 5.6%
10018 S Rebecca Road Baldwin, MI This adorable cottage has been remodeled head to toe and even offers a brand new well and ...	1 beds \| 1 baths \| 580 sq.ft.	$215,000	Airbnb cash on cash: -0.34% Traditional cash on cash: 4.62% Airbnb Rental Income: $631 Traditional Rental Income: $1348 Airbnb ROI: -0.34% Traditional ROI: 4.62%
11881 S Winesap Road Baldwin, MI Nearly 1 acre with a charming 2-bedroom, 1-bath cabin just minutes from Big Star Lake and ...	2 beds \| 1 baths \| 864 sq.ft.	$129,000	Airbnb cash on cash: 5.47% Traditional cash on cash: 10.1% Airbnb Rental Income: $1371 Traditional Rental Income: $1528 Airbnb ROI: 5.47% Traditional ROI: 10.1%
7312 W Echo Lake Drive Baldwin, MI What a great place to call home or have as a year round cottage! This custom build has so ...	5 beds \| 2 baths \| 2,479 sq.ft.	$319,900	Airbnb cash on cash: N/A Traditional cash on cash: 7.52% Airbnb Rental Income: $null Traditional Rental Income: $3012 Airbnb ROI: N/A Traditional ROI: 7.52%
11272 S L Lakes Bridge Street Baldwin, MI Tucked away on the peaceful shores of L Lake, this rare opportunity offers the charm and s...	1 beds \| 1 baths \| 1,300 sq.ft.	$269,000	Airbnb cash on cash: -1.01% Traditional cash on cash: 4.67% Airbnb Rental Income: $631 Traditional Rental Income: $1779 Airbnb ROI: -1.01% Traditional ROI: 4.67%
9223 S Trail Of The Lakes Baldwin, MI This home has only been loved by one family and never before on the market! Built for long...	2 beds \| 2 baths \| 2,240 sq.ft.	$359,900	Airbnb cash on cash: 0.65% Traditional cash on cash: 5.94% Airbnb Rental Income: $1371 Traditional Rental Income: $2740 Airbnb ROI: 0.65% Traditional ROI: 5.94%
9826 S Orchid Avenue Baldwin, MI You're up north retreat awaits! This well-maintained 800 sq. ft. cabin sitting on 4.8 acre...	1 beds \| 1 baths \| 800 sq.ft.	$149,900	Airbnb cash on cash: -0.45% Traditional cash on cash: 7.61% Airbnb Rental Income: $631 Traditional Rental Income: $1493 Airbnb ROI: -0.45% Traditional ROI: 7.61%
9918 S Rebecca Road Baldwin, MI Yes, Yes you can have it all! 87' frontage on Quiet no motor, no noise lake front on Echo ...	2 beds \| 2 baths \| 1,600 sq.ft.	$349,900	Airbnb cash on cash: 1.17% Traditional cash on cash: 6.02% Airbnb Rental Income: $1371 Traditional Rental Income: $2547 Airbnb ROI: 1.17% Traditional ROI: 6.02%
11373 S Rabbit Road Baldwin, MI You won't find another one like it!! Lake, land, and mostly furnished cabin, they just don...	1 beds \| 1 baths \| 896 sq.ft.	$259,900	Airbnb cash on cash: -1.32% Traditional cash on cash: 4.02% Airbnb Rental Income: $631 Traditional Rental Income: $1647 Airbnb ROI: -1.32% Traditional ROI: 4.02%
4452 S Nugent View Lane Baldwin, MI Welcome to Grandma's House! With 60' on quiet, no motor Nugent Lake and a stunning view ou...	2 beds \| 1 baths \| 900 sq.ft.	$159,900	Airbnb cash on cash: 4.04% Traditional cash on cash: 8.21% Airbnb Rental Income: $1371 Traditional Rental Income: $1590 Airbnb ROI: 4.04% Traditional ROI: 8.21%
1983 Wolf Lake Drive Baldwin, MI Welcome to your Up North getaway in the heart of the Wolf Lake community! This charming 2-...	2 beds \| 1 baths \| 912 sq.ft.	$199,000	Airbnb cash on cash: 2.71% Traditional cash on cash: 6.56% Airbnb Rental Income: $1371 Traditional Rental Income: $1681 Airbnb ROI: 2.71% Traditional ROI: 6.56%
9736 S Trillium Trail Baldwin, MI What a Location! Lake Access to All Sports Big Star Lake, Lake Access to Basford Lake AND ...	3 beds \| 1 baths \| 1,120 sq.ft.	$189,900	Airbnb cash on cash: 2.57% Traditional cash on cash: 7.47% Airbnb Rental Income: $1381 Traditional Rental Income: $1847 Airbnb ROI: 2.57% Traditional ROI: 7.47%
8774 S Star Lake Drive Baldwin, MI Privacy on 15 wooded acres near the Chain of Lakes area in beautiful Baldwin MI! Cozy and ...	1 beds \| 1 baths \| 688 sq.ft.	$230,000	Airbnb cash on cash: -0.58% Traditional cash on cash: 5.2% Airbnb Rental Income: $631 Traditional Rental Income: $1594 Airbnb ROI: -0.58% Traditional ROI: 5.2%
2471 W Wolf Lake Boulevard Baldwin, MI Don't miss out on this cozy, newly renovated year-round home near all-sports Wolf Lake. Wi...	1 beds \| 1 baths \| 448 sq.ft.	$129,900	Airbnb cash on cash: 0.2% Traditional cash on cash: 5.95% Airbnb Rental Income: $631 Traditional Rental Income: $1055 Airbnb ROI: 0.2% Traditional ROI: 5.95%
1581 Lone Pine Drive Baldwin, MI WELCOME to your peaceful northern Michigan retreat! As you step inside, you'll immediately...	2 beds \| 1 baths \| 1,552 sq.ft.	$269,500	Airbnb cash on cash: 1.95% Traditional cash on cash: 5.09% Airbnb Rental Income: $1371 Traditional Rental Income: $1753 Airbnb ROI: 1.95% Traditional ROI: 5.09%
8239 W Hemlock Avenue Baldwin, MI Tucked away on a large wooded lot in the desirable Chain of Lakes area, this well-maintain...	2 beds \| 2 baths \| 1,026 sq.ft.	$124,900	Airbnb cash on cash: 5.07% Traditional cash on cash: 12% Airbnb Rental Income: $1371 Traditional Rental Income: $1787 Airbnb ROI: 5.07% Traditional ROI: 12%
3299 S Yale Avenue Baldwin, MI Welcome to this pristine, beautifully updated home situated on a spacious .55-acre corner ...	4 beds \| 2 baths \| 1,039 sq.ft.	$159,900	Airbnb cash on cash: 6.63% Traditional cash on cash: 10.87% Airbnb Rental Income: $1827 Traditional Rental Income: $1980 Airbnb ROI: 6.63% Traditional ROI: 10.87%
13261 S Star Lake Drive Baldwin, MI Big Star Lake Access! Bayak Beach! Freshly finished and ready for summer! This 2 bed 1 bat...	2 beds \| 1 baths \| 1,024 sq.ft.	$230,000	Airbnb cash on cash: 2.39% Traditional cash on cash: 6.68% Airbnb Rental Income: $1371 Traditional Rental Income: $1886 Airbnb ROI: 2.39% Traditional ROI: 6.68%
9279 S Three Lakes Lane Baldwin, MI Escape to the quiet side of lake living. This 3-bedroom, 2-bath home sits on 166' of priva...	3 beds \| 2 baths \| 1,152 sq.ft.	$295,000	Airbnb cash on cash: 1.61% Traditional cash on cash: 6.13% Airbnb Rental Income: $1381 Traditional Rental Income: $2218 Airbnb ROI: 1.61% Traditional ROI: 6.13%
294 W Ingerman Drive Baldwin, MI Just over 1 acre on with 2 lots on private no-wake Ingerman Lake. Open space living with f...	2 beds \| 1 baths \| 1,080 sq.ft.	$125,000	Airbnb cash on cash: 4.65% Traditional cash on cash: 11.03% Airbnb Rental Income: $1371 Traditional Rental Income: $1722 Airbnb ROI: 4.65% Traditional ROI: 11.03%
4420 S Nugent View Lane Baldwin, MI Located on no motor, good fishing, private Nugent Lake this open and airy cottage has it a...	2 beds \| 1 baths \| 1,200 sq.ft.	$189,900	Airbnb cash on cash: 3% Traditional cash on cash: 8.38% Airbnb Rental Income: $1371 Traditional Rental Income: $1925 Airbnb ROI: 3% Traditional ROI: 8.38%
9341 S Oxeye Avenue Baldwin, MI LAKEFRONT STUNNER - Perched high on a scenic hilltop, this exceptional Baldwin retreat off...	4 beds \| 2 baths \| 1,440 sq.ft.	$354,900	Airbnb cash on cash: 1.74% Traditional cash on cash: 5.41% Airbnb Rental Income: $1827 Traditional Rental Income: $2558 Airbnb ROI: 1.74% Traditional ROI: 5.41%
10138 S Lakeside Ridge Road Baldwin, MI ONE Cottage and an extra structure on one parcel! Exceptional opportunity with 80' of lake...	4 beds \| 2 baths \| 1,597 sq.ft.	$299,000	Airbnb cash on cash: 2.65% Traditional cash on cash: 7.62% Airbnb Rental Income: $1827 Traditional Rental Income: $2732 Airbnb ROI: 2.65% Traditional ROI: 7.62%

Real Estate investment in Baldwin, MI

There are 48 properties for sale in the city of Baldwin . The median list price in Baldwin is $26,184 and the average price per square foot is $23. In July 2026, the average monthly cash on cash return in Baldwin is 7.00%. The average monthly rental income in Baldwin is $1,768.

Baldwin, MI Real Estate Investing: FAQs for Buyers, Sellers and Investors

There are 48 investment properties available for sale in Baldwin.

In 2026, the best neighborhood to buy investment property is Baldwin.

The ROI for Long-Term is higher than the Short-Term in Baldwin with average rental income of $1,768.

Your search for investment property begins and ends here

Investment Property for Sale in Baldwin, MI

1041 Wolf Lake Drive

Baldwin, MI

3 beds | 1 baths | 1,532 sq.ft.

$264,900

Airbnb cash on cash: 0.66%

Traditional cash on cash: 4.94%

Airbnb Rental Income: $1381

Traditional Rental Income: $2031

Airbnb ROI: 0.66%

Traditional ROI: 4.94%

8465 S Michcon Avenue

Baldwin, MI

5 beds | 1 baths | 2,112 sq.ft.

$219,900

Airbnb cash on cash: N/A

Traditional cash on cash: 8.16%

Airbnb Rental Income: $null

Traditional Rental Income: $2173

Airbnb ROI: N/A

Traditional ROI: 8.16%

8224 W Pine Grove Beach Drive

Baldwin, MI

3 beds | 1 baths | 1,152 sq.ft.

$299,990

Airbnb cash on cash: 0.61%

Traditional cash on cash: 3.74%

Airbnb Rental Income: $1381

Traditional Rental Income: $1845

Airbnb ROI: 0.61%

Traditional ROI: 3.74%

5242 S Forest Drive

Baldwin, MI

1 beds | 1 baths | 520 sq.ft.

$219,900

Airbnb cash on cash: -0.73%

Traditional cash on cash: 2.5%

Airbnb Rental Income: $631

Traditional Rental Income: $1010

Airbnb ROI: -0.73%

Traditional ROI: 2.5%

2408 W Northland Drive

Baldwin, MI

2 beds | 2 baths | 1,150 sq.ft.

$190,000

Airbnb cash on cash: 3.08%

Traditional cash on cash: 6.7%

Airbnb Rental Income: $1371

Traditional Rental Income: $1607

Airbnb ROI: 3.08%

Traditional ROI: 6.7%

8967 W Bowling Green Boulevard

Baldwin, MI

2 beds | 1 baths | 624 sq.ft.

$165,000

Airbnb cash on cash: 3.92%

Traditional cash on cash: 5.45%

Airbnb Rental Income: $1371

Traditional Rental Income: $1195

Airbnb ROI: 3.92%

Traditional ROI: 5.45%

9325 S Lazy Lane #33

Baldwin, MI

1 beds | 1 baths | 665 sq.ft.

$82,500

Airbnb cash on cash: -0.22%

Traditional cash on cash: 11.49%

Airbnb Rental Income: $631

Traditional Rental Income: $1286

Airbnb ROI: -0.22%

Traditional ROI: 11.49%

2083 S Lynx Track Trail

Baldwin, MI

2 beds | 2 baths | 1,232 sq.ft.

$249,900

Airbnb cash on cash: 2.29%

Traditional cash on cash: 6.96%

Airbnb Rental Income: $1371

Traditional Rental Income: $2056

Airbnb ROI: 2.29%