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

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
1083 Boncher Boulevard #25 Baldwin, MI Welcome buyers to this charming 4-bed, 2-bath single family home on a spacious 1.00 acre l...	4 beds \| 2 baths \| 1,920 sq.ft.	$325,000	Airbnb cash on cash: 0.95% Traditional cash on cash: 5.81% Airbnb Rental Income: $1270 Traditional Rental Income: $2354 Airbnb ROI: 0.95% Traditional ROI: 5.81%
9189 S Oakland Drive Baldwin, MI Older, single section manufactured home with some TLC needed. 2 stall detached garage and ...	2 beds \| 1 baths \| 900 sq.ft.	$104,900	Airbnb cash on cash: 4.59% Traditional cash on cash: 10.87% Airbnb Rental Income: $1092 Traditional Rental Income: $1361 Airbnb ROI: 4.59% Traditional ROI: 10.87%
8024 W Hemlock Avenue Baldwin, MI This 2 bedroom/ 1 bath cottage is located in the Chain of Lakes area with public access to...	2 beds \| 1 baths \| 850 sq.ft.	$119,900	Airbnb cash on cash: 3.57% Traditional cash on cash: 10.99% Airbnb Rental Income: $1092 Traditional Rental Income: $1579 Airbnb ROI: 3.57% Traditional ROI: 10.99%
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.	$279,900	Airbnb cash on cash: 0.22% Traditional cash on cash: 4.63% Airbnb Rental Income: $1267 Traditional Rental Income: $2031 Airbnb ROI: 0.22% Traditional ROI: 4.63%
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.	$364,900	Airbnb cash on cash: 0.31% Traditional cash on cash: 5.24% Airbnb Rental Income: $1270 Traditional Rental Income: $2558 Airbnb ROI: 0.31% Traditional ROI: 5.24%
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.	$349,900	Airbnb cash on cash: 0.1% Traditional cash on cash: 3.07% Airbnb Rental Income: $1267 Traditional Rental Income: $1845 Airbnb ROI: 0.1% Traditional ROI: 3.07%
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: -0.86% Traditional cash on cash: 2.5% Airbnb Rental Income: $598 Traditional Rental Income: $1010 Airbnb ROI: -0.86% 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: 1.79% Traditional cash on cash: 6.7% Airbnb Rental Income: $1092 Traditional Rental Income: $1607 Airbnb ROI: 1.79% Traditional ROI: 6.7%
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: -0.56% Traditional cash on cash: 11.49% Airbnb Rental Income: $598 Traditional Rental Income: $1286 Airbnb ROI: -0.56% 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: 1.3% Traditional cash on cash: 6.96% Airbnb Rental Income: $1092 Traditional Rental Income: $2056 Airbnb ROI: 1.3% 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.	$235,900	Airbnb cash on cash: 1.01% Traditional cash on cash: 6.12% Airbnb Rental Income: $1092 Traditional Rental Income: $1862 Airbnb ROI: 1.01% Traditional ROI: 6.12%
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: 4.78% Traditional cash on cash: 11.58% Airbnb Rental Income: $1092 Traditional Rental Income: $1381 Airbnb ROI: 4.78% Traditional ROI: 11.58%
10138 S Lakeside Ridge Road Baldwin, MI Two Cottages on One Parcel! Exceptional opportunity with 80' of lake frontage on beautiful...	4 beds \| 2 baths \| 1,597 sq.ft.	$299,000	Airbnb cash on cash: 1% Traditional cash on cash: 7.62% Airbnb Rental Income: $1270 Traditional Rental Income: $2732 Airbnb ROI: 1% Traditional ROI: 7.62%
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.	$419,900	Airbnb cash on cash: 0.41% Traditional cash on cash: 4.83% Airbnb Rental Income: $1267 Traditional Rental Income: $2605 Airbnb ROI: 0.41% Traditional ROI: 4.83%
9572 S Oxeye Avenue Baldwin, MI Welcome to 9572 S Oxeye Ave. This 2 bedroom 1 bathroom cottage sits on a double lot & boas...	2 beds \| 1 baths \| 800 sq.ft.	$185,900	Airbnb cash on cash: 1.72% Traditional cash on cash: 6.43% Airbnb Rental Income: $1092 Traditional Rental Income: $1553 Airbnb ROI: 1.72% Traditional ROI: 6.43%
2263 W Riverbend Trail Baldwin, MI 2 bed, 2 full bath year round home on 2.47 wooded acres, with an incredible 1,100' of fron...	2 beds \| 2 baths \| 1,241 sq.ft.	$330,000	Airbnb cash on cash: 0.43% Traditional cash on cash: 5.27% Airbnb Rental Income: $1092 Traditional Rental Income: $2222 Airbnb ROI: 0.43% Traditional ROI: 5.27%
8376 W Pine Grove Beach Drive Baldwin, MI Super sharp 2 bedroom (plus small loft for kids) 1 bath cottage with HOA access to Big Sta...	2 beds \| 1 baths \| 850 sq.ft.	$134,900	Airbnb cash on cash: 3.51% Traditional cash on cash: 9.73% Airbnb Rental Income: $1092 Traditional Rental Income: $1527 Airbnb ROI: 3.51% Traditional ROI: 9.73%
2762 W Southern Avenue Baldwin, MI Northern Michigan recreation at its finest! Located in view of 700-acre all-sports Wolf La...	3 beds \| 3 baths \| 1,522 sq.ft.	$199,000	Airbnb cash on cash: 2.23% Traditional cash on cash: 11.92% Airbnb Rental Income: $1267 Traditional Rental Income: $2697 Airbnb ROI: 2.23% Traditional ROI: 11.92%
8286 W Pine Grove Beach Drive Baldwin, MI Cottage for Sale - Big Star Lake Just 75 feet from access to beautiful Big Star Lake, this...	2 beds \| 1 baths \| 962 sq.ft.	$249,900	Airbnb cash on cash: 1% Traditional cash on cash: 4.41% Airbnb Rental Income: $1092 Traditional Rental Income: $1527 Airbnb ROI: 1% Traditional ROI: 4.41%
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: 2.63% Traditional cash on cash: 11.37% Airbnb Rental Income: $1092 Traditional Rental Income: $2202 Airbnb ROI: 2.63% 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: 0.27% Traditional cash on cash: 9.8% Airbnb Rental Income: $598 Traditional Rental Income: $1835 Airbnb ROI: 0.27% Traditional ROI: 9.8%
11988 S Shady Grove Drive Baldwin, MI Summer is quickly approaching, get ready to enjoy it to the fullest with this Outdoor Love...	1 beds \| 1 baths \| 1,000 sq.ft.	$135,000	Airbnb cash on cash: -0.42% Traditional cash on cash: 8.8% Airbnb Rental Income: $598 Traditional Rental Income: $1505 Airbnb ROI: -0.42% 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: 2.8% Traditional cash on cash: 7.89% Airbnb Rental Income: $1092 Traditional Rental Income: $1451 Airbnb ROI: 2.8% 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: 0.03% Traditional cash on cash: 5.6% Airbnb Rental Income: $1267 Traditional Rental Income: $2952 Airbnb ROI: 0.03% 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.	$225,000	Airbnb cash on cash: -0.5% Traditional cash on cash: 4.38% Airbnb Rental Income: $598 Traditional Rental Income: $1348 Airbnb ROI: -0.5% Traditional ROI: 4.38%
4440 S Nugent View Lane Baldwin, MI Turn-key lake living meets year-round recreation on sought-after Nugent Lake! This well-ma...	2 beds \| 2 baths \| 1,700 sq.ft.	$214,900	Airbnb cash on cash: 0.92% Traditional cash on cash: 10.36% Airbnb Rental Income: $1092 Traditional Rental Income: $2644 Airbnb ROI: 0.92% Traditional ROI: 10.36%
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.	$134,000	Airbnb cash on cash: 3.44% Traditional cash on cash: 9.7% Airbnb Rental Income: $1092 Traditional Rental Income: $1528 Airbnb ROI: 3.44% Traditional ROI: 9.7%
9979 M-37 Baldwin, MI Tucked away on a peaceful 1-acre setting, this great little ''getaway'' offers an affordab...	2 beds \| 1 baths \| 770 sq.ft.	$119,900	Airbnb cash on cash: 3.76% Traditional cash on cash: 9.35% Airbnb Rental Income: $1092 Traditional Rental Income: $1367 Airbnb ROI: 3.76% Traditional ROI: 9.35%
9027 S Lost Pine Avenue Baldwin, MI Tucked away in the heart of Baldwin, this charming 3-bedroom, 1-bath cottage offers the pe...	3 beds \| 1 baths \| 977 sq.ft.	$145,000	Airbnb cash on cash: 4.3% Traditional cash on cash: 8.26% Airbnb Rental Income: $1267 Traditional Rental Income: $1417 Airbnb ROI: 4.3% Traditional ROI: 8.26%
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.	$389,900	Airbnb cash on cash: -0.1% Traditional cash on cash: 5.43% Airbnb Rental Income: $1092 Traditional Rental Income: $2740 Airbnb ROI: -0.1% Traditional ROI: 5.43%
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: -0.64% Traditional cash on cash: 2.65% Airbnb Rental Income: $598 Traditional Rental Income: $781 Airbnb ROI: -0.64% Traditional ROI: 2.65%
10150 S Lakeside Ridge Road Baldwin, MI Basford Lake Cottage! Incredible setting with 42' of private lake frontage, beautiful view...	2 beds \| 1 baths \| 1,189 sq.ft.	$249,000	Airbnb cash on cash: 1.25% Traditional cash on cash: 2.57% Airbnb Rental Income: $1092 Traditional Rental Income: $1031 Airbnb ROI: 1.25% Traditional ROI: 2.57%
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: 0.47% Traditional cash on cash: 6.03% Airbnb Rental Income: $1092 Traditional Rental Income: $2547 Airbnb ROI: 0.47% Traditional ROI: 6.03%
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: -1.35% Traditional cash on cash: 4.1% Airbnb Rental Income: $598 Traditional Rental Income: $1647 Airbnb ROI: -1.35% Traditional ROI: 4.1%
4452 S Nugent View Lane Baldwin, MI Welcome to Grandma's House! With 60' on quiet, no wake Nugent Lake and a stunning view out...	2 beds \| 1 baths \| 900 sq.ft.	$179,900	Airbnb cash on cash: 2.23% Traditional cash on cash: 7.3% Airbnb Rental Income: $1092 Traditional Rental Income: $1590 Airbnb ROI: 2.23% Traditional ROI: 7.3%
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: 1.48% Traditional cash on cash: 3.12% Airbnb Rental Income: $1092 Traditional Rental Income: $1031 Airbnb ROI: 1.48% Traditional ROI: 3.12%
8393 W Arbutus Way Baldwin, MI Big Star Lake Association Access (about $35 annually) without all the noise and taxes! Inc...	2 beds \| 1 baths \| 832 sq.ft.	$139,900	Airbnb cash on cash: 2.49% Traditional cash on cash: 8.51% Airbnb Rental Income: $1092 Traditional Rental Income: $1529 Airbnb ROI: 2.49% Traditional ROI: 8.51%

Real Estate investment in Baldwin, MI

There are 51 properties for sale in the city of Baldwin . The median list price in Baldwin is $194,500 and the average price per square foot is $169. In May 2026, the average monthly cash on cash return in Baldwin is 7.00%. The average monthly rental income in Baldwin is $1,656.

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

There are 51 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 $1,656.

Your search for investment property begins and ends here

Investment Property for Sale in Baldwin, MI

1083 Boncher Boulevard #25

Baldwin, MI

4 beds | 2 baths | 1,920 sq.ft.

$325,000

Airbnb cash on cash: 0.95%

Traditional cash on cash: 5.81%

Airbnb Rental Income: $1270

Traditional Rental Income: $2354

Airbnb ROI: 0.95%

Traditional ROI: 5.81%

9189 S Oakland Drive

Baldwin, MI

2 beds | 1 baths | 900 sq.ft.

$104,900

Airbnb cash on cash: 4.59%

Traditional cash on cash: 10.87%

Airbnb Rental Income: $1092

Traditional Rental Income: $1361

Airbnb ROI: 4.59%

Traditional ROI: 10.87%

8024 W Hemlock Avenue

Baldwin, MI

2 beds | 1 baths | 850 sq.ft.

$119,900

Airbnb cash on cash: 3.57%

Traditional cash on cash: 10.99%

Airbnb Rental Income: $1092

Traditional Rental Income: $1579

Airbnb ROI: 3.57%

Traditional ROI: 10.99%

1041 Wolf Lake Drive

Baldwin, MI

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

$279,900

Airbnb cash on cash: 0.22%

Traditional cash on cash: 4.63%

Airbnb Rental Income: $1267

Traditional Rental Income: $2031

Airbnb ROI: 0.22%

Traditional ROI: 4.63%

9341 S Oxeye Avenue

Baldwin, MI

4 beds | 2 baths | 1,440 sq.ft.

$364,900

Airbnb cash on cash: 0.31%

Traditional cash on cash: 5.24%

Airbnb Rental Income: $1270

Traditional Rental Income: $2558

Airbnb ROI: 0.31%

Traditional ROI: 5.24%

8224 W Pine Grove Beach Drive

Baldwin, MI

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

$349,900

Airbnb cash on cash: 0.1%

Traditional cash on cash: 3.07%

Airbnb Rental Income: $1267

Traditional Rental Income: $1845

Airbnb ROI: 0.1%

Traditional ROI: 3.07%

5242 S Forest Drive

Baldwin, MI

1 beds | 1 baths | 520 sq.ft.

$219,900

Airbnb cash on cash: -0.86%

Traditional cash on cash: 2.5%

Airbnb Rental Income: $598

Traditional Rental Income: $1010

Airbnb ROI: -0.86%

Traditional ROI: 2.5%

2408 W Northland Drive

Baldwin, MI

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

$190,000

Airbnb cash on cash: 1.79%

Traditional cash on cash: 6.7%

Airbnb Rental Income: $1092

Traditional Rental Income: $1607

Airbnb ROI: 1.79%