Real Estate Investment Properties for Sale in Charlevoix, MI

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

Explore a variety of short-term homes & houses in Charlevoix, MI. Invest wisely with VRBO & Charlevoix, 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 Charlevoix, MI

separator

PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
217 Belvedere Terrace Charlevoix, MI Perfectly located 3 bedroom condominium with views of Lake Charlevoix. The main floor livi...	3 beds \| 3 baths \| 1,939 sq.ft.	$680,000	Airbnb cash on cash: -0.17% Traditional cash on cash: 1.71% Airbnb Rental Income: $2131 Traditional Rental Income: $2783 Airbnb ROI: -0.17% Traditional ROI: 1.71%
13319 Sherwood Charlevoix, MI Just outside Charlevoix city limits, but close to everything. This charming 3-bedroom, 2-b...	3 beds \| 2 baths \| 1,400 sq.ft.	$225,000	Airbnb cash on cash: 4.5% Traditional cash on cash: 7.32% Airbnb Rental Income: $2131 Traditional Rental Income: $2189 Airbnb ROI: 4.5% Traditional ROI: 7.32%
06020-27 Pine Lake Club #27 & 83 Charlevoix, MI Experience the best of Northern Michigan living in this completely renovated, upper-level ...	3 beds \| 3 baths \| 2,264 sq.ft.	$1,799,000	Airbnb cash on cash: -1.64% Traditional cash on cash: -0.69% Airbnb Rental Income: $2131 Traditional Rental Income: $3168 Airbnb ROI: -1.64% Traditional ROI: -0.69%
301 Eagle Charlevoix, MI RARE Charlevoix Opportunity! Exceptional Northside location offering over 2,000 sq ft main...	4 beds \| 3 baths \| 2,050 sq.ft.	$641,000	Airbnb cash on cash: 0.48% Traditional cash on cash: 2.22% Airbnb Rental Income: $2495 Traditional Rental Income: $2932 Airbnb ROI: 0.48% Traditional ROI: 2.22%
08015 Mulberry Charlevoix, MI 330' of waterfront and 10 acres on Susan Lake! Beautiful lake views in a tranquil setting ...	4 beds \| 3 baths \| 2,640 sq.ft.	$699,900	Airbnb cash on cash: 0.22% Traditional cash on cash: 2.71% Airbnb Rental Income: $2495 Traditional Rental Income: $3515 Airbnb ROI: 0.22% Traditional ROI: 2.71%
07155 APPLEWOOD Charlevoix, MI Welcome Home! Move-in ready and waiting for you, this beautifully maintained property offe...	3 beds \| 2 baths \| 1,308 sq.ft.	$339,900	Airbnb cash on cash: 3.65% Traditional cash on cash: 4.77% Airbnb Rental Income: $2131 Traditional Rental Income: $1944 Airbnb ROI: 3.65% Traditional ROI: 4.77%
07155 APPLEWOOD DRIVE Charlevoix, MI Welcome Home! Move-in ready and waiting for you, this beautifully maintained property offe...	3 beds \| 2 baths \| 1,308 sq.ft.	$339,900	Airbnb cash on cash: 3.65% Traditional cash on cash: 4.78% Airbnb Rental Income: $2131 Traditional Rental Income: $1946 Airbnb ROI: 3.65% Traditional ROI: 4.78%
11535 N US 31 Charlevoix, MI Discover your ideal Up North retreat at the Charlevoix Country Club! This beautifully main...	2 beds \| 2 baths \| 864 sq.ft.	$399,000	Airbnb cash on cash: 1.41% Traditional cash on cash: 1.47% Airbnb Rental Income: $2103 Traditional Rental Income: $1586 Airbnb ROI: 1.41% Traditional ROI: 1.47%
406 Burns Charlevoix, MI Location is the best. Charming 3-bedroom,1-Bathroom home situated on a double lot in Charl...	3 beds \| 1 baths \| 1,270 sq.ft.	$499,000	Airbnb cash on cash: 0.68% Traditional cash on cash: 1.04% Airbnb Rental Income: $2131 Traditional Rental Income: $1758 Airbnb ROI: 0.68% Traditional ROI: 1.04%
111 Pine River Charlevoix, MI Weathervane one bedroom unit. Ground Floor unit with 2 queen beds. Averaged over $22,000 t...	1 beds \| 1 baths \| 352 sq.ft.	$75,000	Airbnb cash on cash: 8.94% Traditional cash on cash: 6.63% Airbnb Rental Income: $1354 Traditional Rental Income: $768 Airbnb ROI: 8.94% Traditional ROI: 6.63%
08521 Mount McSauba Charlevoix, MI Custom built home offering 4 bedrooms 4.5 baths and sitting on 1.5 acres of hardwoods. Thi...	4 beds \| 5 baths \| 3,300 sq.ft.	$1,599,000	Airbnb cash on cash: -1.32% Traditional cash on cash: 0.71% Airbnb Rental Income: $2495 Traditional Rental Income: $4907 Airbnb ROI: -1.32% Traditional ROI: 0.71%
1105 GRANT Charlevoix, MI Price Improvement! Welcome home to comfort and convenience, just minutes from downtown Cha...	2 beds \| 1 baths \| 1,020 sq.ft.	$344,000	Airbnb cash on cash: 2.03% Traditional cash on cash: 1.4% Airbnb Rental Income: $2103 Traditional Rental Income: $1360 Airbnb ROI: 2.03% Traditional ROI: 1.4%
108 W Upright Charlevoix, MI Welcome to this beautifully remodeled 3-bedroom, 2-bathroom home located just up the hill ...	3 beds \| 2 baths \| 1,207 sq.ft.	$374,900	Airbnb cash on cash: 1.72% Traditional cash on cash: 2.79% Airbnb Rental Income: $2131 Traditional Rental Income: $1961 Airbnb ROI: 1.72% Traditional ROI: 2.79%
230 Newman Charlevoix, MI Stunning Charlevoix Home Near Lake Michigan-Experience the ultimate in lake town living wi...	3 beds \| 2 baths \| 1,540 sq.ft.	$399,900	Airbnb cash on cash: 1.46% Traditional cash on cash: 1.45% Airbnb Rental Income: $2131 Traditional Rental Income: $1585 Airbnb ROI: 1.46% Traditional ROI: 1.45%
104 Windeberry Charlevoix, MI Introducing Windeberry, the newest residential development within the Charlevoix Country C...	3 beds \| 2 baths \| 1,204 sq.ft.	$575,000	Airbnb cash on cash: 0.25% Traditional cash on cash: 1.02% Airbnb Rental Income: $2131 Traditional Rental Income: $1998 Airbnb ROI: 0.25% Traditional ROI: 1.02%
1205 State Charlevoix, MI Complete remodel located close to downtown Charlevoix shops and restaurants. Excellent flo...	3 beds \| 3 baths \| 1,127 sq.ft.	$499,000	Airbnb cash on cash: 0.68% Traditional cash on cash: 0.5% Airbnb Rental Income: $2131 Traditional Rental Income: $1505 Airbnb ROI: 0.68% Traditional ROI: 0.5%
13456 Stover #13 Charlevoix, MI Discover your perfect getaway in this beautifully maintained condominium, ideally located ...	2 beds \| 1 baths \| 727 sq.ft.	$229,900	Airbnb cash on cash: 4.8% Traditional cash on cash: 3.1% Airbnb Rental Income: $2103 Traditional Rental Income: $1195 Airbnb ROI: 4.8% Traditional ROI: 3.1%
501 Mercer Charlevoix, MI Built on a spacious scenic lot on the north side of Downtown Charlevoix, this stylish home...	5 beds \| 5 baths \| 4,516 sq.ft.	$2,450,000	Airbnb cash on cash: -1.57% Traditional cash on cash: -0.39% Airbnb Rental Income: $2958 Traditional Rental Income: $4959 Airbnb ROI: -1.57% Traditional ROI: -0.39%
101 MICHIGAN 103 Charlevoix, MI Downtown Charlevoix at your doorstep - lake life without the hassle. This ground-level 1-b...	1 beds \| 1 baths \| 560 sq.ft.	$259,000	Airbnb cash on cash: 0.94% Traditional cash on cash: 1.43% Airbnb Rental Income: $1354 Traditional Rental Income: $1059 Airbnb ROI: 0.94% Traditional ROI: 1.43%
7857 Nine Mile Charlevoix, MI A stunning 21st-century contemporary residence overlooking Little Traverse Bay on Lake Mic...	5 beds \| 4 baths \| 4,600 sq.ft.	$2,300,000	Airbnb cash on cash: -1.51% Traditional cash on cash: -0.49% Airbnb Rental Income: $2958 Traditional Rental Income: $4454 Airbnb ROI: -1.51% Traditional ROI: -0.49%
18180 HILLTOP Charlevoix, MI Modern Colonial in Sought-After Island View Community More photos to come Tues! Dont mi...	5 beds \| 3 baths \| 2,485 sq.ft.	$559,900	Airbnb cash on cash: 2.19% Traditional cash on cash: 4% Airbnb Rental Income: $2958 Traditional Rental Income: $3218 Airbnb ROI: 2.19% Traditional ROI: 4%
106 Windeberry Charlevoix, MI Introducing Windeberry, the newest residential development within the Charlevoix Country C...	3 beds \| 2 baths \| 1,154 sq.ft.	$590,000	Airbnb cash on cash: 1.7% Traditional cash on cash: 2.83% Airbnb Rental Income: $2131 Traditional Rental Income: $2210 Airbnb ROI: 1.7% Traditional ROI: 2.83%
110 Windeberry Charlevoix, MI Introducing Windeberry, the newest residential development within the Charlevoix Country C...	3 beds \| 2 baths \| 1,204 sq.ft.	$545,000	Airbnb cash on cash: 1.92% Traditional cash on cash: 3.15% Airbnb Rental Income: $2131 Traditional Rental Income: $2210 Airbnb ROI: 1.92% Traditional ROI: 3.15%
104 Windeberry Drive (PVT) Charlevoix, MI Introducing Windeberry, the newest residential development within the Charlevoix Country C...	3 beds \| 2 baths \| 1,206 sq.ft.	$570,000	Airbnb cash on cash: 1.72% Traditional cash on cash: 3.29% Airbnb Rental Income: $2131 Traditional Rental Income: $2420 Airbnb ROI: 1.72% Traditional ROI: 3.29%
Mulberry Ln Charlevoix, MI Mulberry Ln #Parcel 7, Charlevoix, MI 49720 \| Other	N/A beds \| N/A baths \| N/A	$195,000	Airbnb cash on cash: 3.53% Traditional cash on cash: 0.14% Airbnb Rental Income: $1756 Traditional Rental Income: $646 Airbnb ROI: 3.53% Traditional ROI: 0.14%
00 Fairways Dr Charlevoix, MI 00 Fairways Dr, Charlevoix, MI 49720 \| Other	N/A beds \| N/A baths \| N/A	$2,160,000	Airbnb cash on cash: -1.94% Traditional cash on cash: -2.26% Airbnb Rental Income: $1756 Traditional Rental Income: $646 Airbnb ROI: -1.94% Traditional ROI: -2.26%
12877 Us-31 N Charlevoix, MI 12877 US-31 N, Charlevoix, MI 49720 \| Other	N/A beds \| N/A baths \| N/A	$449,000	Airbnb cash on cash: 0.28% Traditional cash on cash: -1.21% Airbnb Rental Income: $1756 Traditional Rental Income: $646 Airbnb ROI: 0.28% Traditional ROI: -1.21%
101 MICHIGAN 105 Charlevoix, MI Live in the heart of Charlevoix with the ease of resort-style living. Just steps from the ...	1 beds \| 1 baths \| 531 sq.ft.	$239,000	Airbnb cash on cash: 1.88% Traditional cash on cash: 2.51% Airbnb Rental Income: $1354 Traditional Rental Income: $1082 Airbnb ROI: 1.88% Traditional ROI: 2.51%
6073 Rocky Beach Charlevoix, MI Welcome to Your Bay Shore Stone Cottage Retreat Just 600 feet from the sparkling shores o...	4 beds \| 1 baths \| 2,234 sq.ft.	$299,000	Airbnb cash on cash: 4.69% Traditional cash on cash: 4.94% Airbnb Rental Income: $2495 Traditional Rental Income: $1962 Airbnb ROI: 4.69% Traditional ROI: 4.94%
110 Windeberry Drive (PVT) Charlevoix, MI Introducing Windeberry, the newest residential development within the Charlevoix Country C...	3 beds \| 2 baths \| 1,206 sq.ft.	$545,000	Airbnb cash on cash: 0.13% Traditional cash on cash: 1.77% Airbnb Rental Income: $2131 Traditional Rental Income: $2422 Airbnb ROI: 0.13% Traditional ROI: 1.77%
108 Windeberry Drive (PVT) Charlevoix, MI Introducing Windeberry, the newest residential development within the Charlevoix Country C...	3 beds \| 2 baths \| 1,206 sq.ft.	$555,000	Airbnb cash on cash: 0.09% Traditional cash on cash: 1.7% Airbnb Rental Income: $2131 Traditional Rental Income: $2422 Airbnb ROI: 0.09% Traditional ROI: 1.7%
431 Michigan Ave Charlevoix, MI 431 Michigan Ave, Charlevoix, MI 49720 \| Single Family Residential	10 beds \| 6 baths \| 7,676 sq.ft.	$3,800,000	Airbnb cash on cash: -1.91% Traditional cash on cash: -0.8% Airbnb Rental Income: $2958 Traditional Rental Income: $6197 Airbnb ROI: -1.91% Traditional ROI: -0.8%
101 MICHIGAN 107 Charlevoix, MI Turnkey comfort just steps from Round Lake and downtown Charlevoix. This fully furnished, ...	1 beds \| 1 baths \| 626 sq.ft.	$229,000	Airbnb cash on cash: 1.88% Traditional cash on cash: 2.62% Airbnb Rental Income: $1354 Traditional Rental Income: $1100 Airbnb ROI: 1.88% Traditional ROI: 2.62%
11705 N Stonebridge Charlevoix, MI Custom designed home in a private neighborhood Stonebridge, which is a gated community in ...	5 beds \| 5 baths \| 4,264 sq.ft.	$1,249,000	Airbnb cash on cash: 0.38% Traditional cash on cash: 2.91% Airbnb Rental Income: $2958 Traditional Rental Income: $5215 Airbnb ROI: 0.38% Traditional ROI: 2.91%
18861 Clipperview Charlevoix, MI Custom Home 4 bedroom home on Private 2-Acre Lot Near Lake Michigan Discover your dream ho...	4 beds \| 4 baths \| 3,000 sq.ft.	$599,000	Airbnb cash on cash: 1.68% Traditional cash on cash: 4.74% Airbnb Rental Income: $2495 Traditional Rental Income: $3601 Airbnb ROI: 1.68% Traditional ROI: 4.74%
202 W Carpenter Charlevoix, MI Brand New Construction located close to downtown Charlevoix shops and restaurants. Excelle...	3 beds \| 2 baths \| 1,534 sq.ft.	$449,000	Airbnb cash on cash: 2.38% Traditional cash on cash: 4.56% Airbnb Rental Income: $2131 Traditional Rental Income: $2503 Airbnb ROI: 2.38% Traditional ROI: 4.56%
202 W Carpenter Street Charlevoix, MI Brand New Construction located close to downtown Charlevoix shops and restaurants. Excelle...	3 beds \| 2 baths \| 1,534 sq.ft.	$449,000	Airbnb cash on cash: 2.38% Traditional cash on cash: 4.12% Airbnb Rental Income: $2131 Traditional Rental Income: $2319 Airbnb ROI: 2.38% Traditional ROI: 4.12%
06020-27 Pine Lake Club #27 & 83 & 67 Charlevoix, MI Experience the best of Northern Michigan living in this completely renovated, upper-level ...	3 beds \| 3 baths \| 2,264 sq.ft.	$1,995,000	Airbnb cash on cash: -1.73% Traditional cash on cash: -0.88% Airbnb Rental Income: $2131 Traditional Rental Income: $3163 Airbnb ROI: -1.73% Traditional ROI: -0.88%
12655 WEISLIK Charlevoix, MI Welcome to your dream home on the highly sought-after north side of Charlevoix in the Whip...	3 beds \| 3 baths \| 1,801 sq.ft.	$610,000	Airbnb cash on cash: 1.53% Traditional cash on cash: 3.58% Airbnb Rental Income: $2131 Traditional Rental Income: $2749 Airbnb ROI: 1.53% Traditional ROI: 3.58%
111B Belvedere Charlevoix, MI Walking distance to Downtown Charlevoix, this four-story lakefront masterpiece offers two ...	4 beds \| 6 baths \| 3,589 sq.ft.	$3,995,000	Airbnb cash on cash: -2.05% Traditional cash on cash: -0.53% Airbnb Rental Income: $2495 Traditional Rental Income: $7515 Airbnb ROI: -2.05% Traditional ROI: -0.53%

Real Estate investment in Charlevoix, MI

There are 70 properties for sale in the city of Charlevoix . The median list price in Charlevoix is $549,900 and the average price per square foot is $273. In December 2025, the average monthly cash on cash return in Charlevoix is 3.00%. The average monthly rental income in Charlevoix is $2,422.

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

There are 70 investment properties available for sale in Charlevoix.

In 2025, the best neighborhood to buy investment property is Charlevoix.

The ROI for Long-Term is higher than the Short-Term in Charlevoix with average rental income of $2,422.

Your search for investment property begins and ends here

Investment Property for Sale in Charlevoix, MI

217 Belvedere Terrace

Charlevoix, MI

3 beds | 3 baths | 1,939 sq.ft.

$680,000

Airbnb cash on cash: -0.17%

Traditional cash on cash: 1.71%

Airbnb Rental Income: $2131

Traditional Rental Income: $2783

Airbnb ROI: -0.17%

Traditional ROI: 1.71%

13319 Sherwood

Charlevoix, MI

3 beds | 2 baths | 1,400 sq.ft.

$225,000

Airbnb cash on cash: 4.5%

Traditional cash on cash: 7.32%

Airbnb Rental Income: $2131

Traditional Rental Income: $2189

Airbnb ROI: 4.5%

Traditional ROI: 7.32%

06020-27 Pine Lake Club #27 & 83

Charlevoix, MI

3 beds | 3 baths | 2,264 sq.ft.

$1,799,000

Airbnb cash on cash: -1.64%

Traditional cash on cash: -0.69%

Airbnb Rental Income: $2131

Traditional Rental Income: $3168

Airbnb ROI: -1.64%

Traditional ROI: -0.69%

301 Eagle

Charlevoix, MI

4 beds | 3 baths | 2,050 sq.ft.

$641,000

Airbnb cash on cash: 0.48%

Traditional cash on cash: 2.22%

Airbnb Rental Income: $2495

Traditional Rental Income: $2932

Airbnb ROI: 0.48%

Traditional ROI: 2.22%

08015 Mulberry

Charlevoix, MI

4 beds | 3 baths | 2,640 sq.ft.

$699,900

Airbnb cash on cash: 0.22%

Traditional cash on cash: 2.71%

Airbnb Rental Income: $2495

Traditional Rental Income: $3515

Airbnb ROI: 0.22%

Traditional ROI: 2.71%

07155 APPLEWOOD

Charlevoix, MI

3 beds | 2 baths | 1,308 sq.ft.

$339,900

Airbnb cash on cash: 3.65%

Traditional cash on cash: 4.77%

Airbnb Rental Income: $2131

Traditional Rental Income: $1944

Airbnb ROI: 3.65%

Traditional ROI: 4.77%

07155 APPLEWOOD DRIVE

Charlevoix, MI

3 beds | 2 baths | 1,308 sq.ft.

$339,900

Airbnb cash on cash: 3.65%

Traditional cash on cash: 4.78%

Airbnb Rental Income: $2131

Traditional Rental Income: $1946

Airbnb ROI: 3.65%

Traditional ROI: 4.78%

11535 N US 31

Charlevoix, MI

2 beds | 2 baths | 864 sq.ft.

$399,000

Airbnb cash on cash: 1.41%

Traditional cash on cash: 1.47%

Airbnb Rental Income: $2103

Traditional Rental Income: $1586

Airbnb ROI: 1.41%