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

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
108 Petoskey Charlevoix, MI Classic Charlevoix Charm! Beautiful hardwood floors, craftsmen staircase and woodwork. Lar...	3 beds \| 2 baths \| 1,864 sq.ft.	$555,000	Airbnb cash on cash: 0.5% Traditional cash on cash: 2.05% Airbnb Rental Income: $2222 Traditional Rental Income: $2464 Airbnb ROI: 0.5% Traditional ROI: 2.05%
10540 Catherine Charlevoix, MI Tucked away on a private lot, this charming and cozy home offers the perfect escape from t...	2 beds \| 2 baths \| 900 sq.ft.	$285,000	Airbnb cash on cash: 0.19% Traditional cash on cash: 3.48% Airbnb Rental Income: $1213 Traditional Rental Income: $1704 Airbnb ROI: 0.19% Traditional ROI: 3.48%
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.	$795,000	Airbnb cash on cash: -0.41% Traditional cash on cash: 1.1% Airbnb Rental Income: $2222 Traditional Rental Income: $2783 Airbnb ROI: -0.41% Traditional ROI: 1.1%
09495 - 15 Summerhouse Charlevoix, MI Welcome to this ground-level 2-bedroom, 2-bath condo in the sought-after condo at Charlevo...	2 beds \| 2 baths \| 1,220 sq.ft.	$365,000	Airbnb cash on cash: -0.4% Traditional cash on cash: 2.86% Airbnb Rental Income: $1213 Traditional Rental Income: $1937 Airbnb ROI: -0.4% Traditional ROI: 2.86%
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: 0.73% Traditional cash on cash: 2.71% Airbnb Rental Income: $2892 Traditional Rental Income: $3515 Airbnb ROI: 0.73% Traditional ROI: 2.71%
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: 0.84% Traditional cash on cash: 1.04% Airbnb Rental Income: $2222 Traditional Rental Income: $1758 Airbnb ROI: 0.84% Traditional ROI: 1.04%
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.	$349,000	Airbnb cash on cash: -0.3% Traditional cash on cash: 1.34% Airbnb Rental Income: $1213 Traditional Rental Income: $1360 Airbnb ROI: -0.3% Traditional ROI: 1.34%
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.	$399,900	Airbnb cash on cash: 1.66% Traditional cash on cash: 2.46% Airbnb Rental Income: $2222 Traditional Rental Income: $1961 Airbnb ROI: 1.66% Traditional ROI: 2.46%
8843 & 8741 Burgess Charlevoix, MI Welcome to this beautiful facility, State-of-the Art Horse Barn custom built by premiere G...	4 beds \| 4 baths \| 3,880 sq.ft.	$3,495,000	Airbnb cash on cash: -1.88% Traditional cash on cash: -1.94% Airbnb Rental Income: $2892 Traditional Rental Income: $2016 Airbnb ROI: -1.88% Traditional ROI: -1.94%
230 Newman Charlevoix, MI CHARLEVOIX HOME-It feels like you're in the country, but you're close to everything. Strol...	3 beds \| 2 baths \| 1,540 sq.ft.	$435,000	Airbnb cash on cash: 1.33% Traditional cash on cash: 1.14% Airbnb Rental Income: $2222 Traditional Rental Income: $1585 Airbnb ROI: 1.33% Traditional ROI: 1.14%
212 NICHOLS Charlevoix, MI This charming historic home is just two blocks from downtown Charlevoix just north of the ...	5 beds \| 3 baths \| 2,662 sq.ft.	$679,000	Airbnb cash on cash: 2.81% Traditional cash on cash: 2.29% Airbnb Rental Income: $4396 Traditional Rental Income: $3146 Airbnb ROI: 2.81% Traditional ROI: 2.29%
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: 0.39% Traditional cash on cash: 1.02% Airbnb Rental Income: $2222 Traditional Rental Income: $1998 Airbnb ROI: 0.39% 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: 0.84% Traditional cash on cash: 0.5% Airbnb Rental Income: $2222 Traditional Rental Income: $1505 Airbnb ROI: 0.84% Traditional ROI: 0.5%
7545 Oyster Bay Drive unit: 4 #4 Charlevoix, MI This estate-sized, lakefront home has over 6500 square feet of finished living area, featu...	5 beds \| N/A baths \| 6,439 sq.ft.	$4,950,000	Airbnb cash on cash: -1.08% Traditional cash on cash: -0.82% Airbnb Rental Income: $4396 Traditional Rental Income: $4669 Airbnb ROI: -1.08% Traditional ROI: -0.82%
13456 Stover #13 Charlevoix, MI Charlevoix Home or Weekend Getaway! Hang your hat in a perfect lake town. This condo is a...	2 beds \| 1 baths \| 727 sq.ft.	$229,900	Airbnb cash on cash: 1.39% Traditional cash on cash: 3.1% Airbnb Rental Income: $1213 Traditional Rental Income: $1195 Airbnb ROI: 1.39% Traditional ROI: 3.1%
202 E Hurlbut Charlevoix, MI LOCATION, LOCATION, LOCATION! Perfectly situated in the heart of Charlevoix, this impeccab...	5 beds \| 4 baths \| 2,625 sq.ft.	$699,900	Airbnb cash on cash: 2.65% Traditional cash on cash: 2.27% Airbnb Rental Income: $4396 Traditional Rental Income: $3222 Airbnb ROI: 2.65% Traditional ROI: 2.27%
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: -1.05% Traditional cash on cash: -0.39% Airbnb Rental Income: $4396 Traditional Rental Income: $4959 Airbnb ROI: -1.05% Traditional ROI: -0.39%
402 E Dixon Charlevoix, MI THIS CHARLEVOIX WATERFRONT HOME AND BOATHOUSE OFFERS an extraordinary opportunity, but wha...	5 beds \| 2 baths \| 1,969 sq.ft.	$3,900,000	Airbnb cash on cash: -0.33% Traditional cash on cash: -0.56% Airbnb Rental Income: $4396 Traditional Rental Income: $2633 Airbnb ROI: -0.33% Traditional ROI: -0.56%
306 Antrim Charlevoix, MI Prime downtown Charlevoix location. 3 bedrooms and 2 full baths in this fully updated home...	3 beds \| 2 baths \| 1,900 sq.ft.	$650,000	Airbnb cash on cash: 0.67% Traditional cash on cash: 1.92% Airbnb Rental Income: $2222 Traditional Rental Income: $2422 Airbnb ROI: 0.67% Traditional ROI: 1.92%
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.	$249,000	Airbnb cash on cash: 1.24% Traditional cash on cash: 1.59% Airbnb Rental Income: $1399 Traditional Rental Income: $1059 Airbnb ROI: 1.24% Traditional ROI: 1.59%
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: -0.95% Traditional cash on cash: -0.49% Airbnb Rental Income: $4396 Traditional Rental Income: $4454 Airbnb ROI: -0.95% Traditional ROI: -0.49%
8354 Mercer Charlevoix, MI Classic bi-level with oversized two stall garage and two storage sheds looking over the 6t...	3 beds \| 2 baths \| 1,920 sq.ft.	$379,900	Airbnb cash on cash: 2.84% Traditional cash on cash: 5.17% Airbnb Rental Income: $2222 Traditional Rental Income: $2494 Airbnb ROI: 2.84% Traditional ROI: 5.17%
13456 Stover #1 Charlevoix, MI Charming 2-Bedroom, 2-Bath Condo in Mystic Village, Charlevoix Discover the perfect blend ...	3 beds \| 2 baths \| 1,000 sq.ft.	$249,900	Airbnb cash on cash: 4.72% Traditional cash on cash: 4.93% Airbnb Rental Income: $2222 Traditional Rental Income: $1713 Airbnb ROI: 4.72% Traditional ROI: 4.93%
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: 4.49% Traditional cash on cash: 4% Airbnb Rental Income: $4396 Traditional Rental Income: $3218 Airbnb ROI: 4.49% Traditional ROI: 4%
106 Windeberry Charlevoix, MI Introducing Windeberry, the newest residential development within the Charlevoix Country C...	3 beds \| 2 baths \| 1,204 sq.ft.	$570,000	Airbnb cash on cash: 1.94% Traditional cash on cash: 2.97% Airbnb Rental Income: $2222 Traditional Rental Income: $2210 Airbnb ROI: 1.94% Traditional ROI: 2.97%
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: 2.07% Traditional cash on cash: 3.15% Airbnb Rental Income: $2222 Traditional Rental Income: $2210 Airbnb ROI: 2.07% 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: 1.87% Traditional cash on cash: 3.29% Airbnb Rental Income: $2222 Traditional Rental Income: $2420 Airbnb ROI: 1.87% Traditional ROI: 3.29%
1202 State Street Charlevoix, MI Charming 3 bedroom, 2 bathroom, personal oasis in Charlevoix the beautiful, stroll to hist...	3 beds \| 2 baths \| 1,880 sq.ft.	$449,000	Airbnb cash on cash: 1.21% Traditional cash on cash: 2.06% Airbnb Rental Income: $2222 Traditional Rental Income: $2019 Airbnb ROI: 1.21% Traditional ROI: 2.06%
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: -1.91% Traditional cash on cash: -2.26% Airbnb Rental Income: $1833 Traditional Rental Income: $646 Airbnb ROI: -1.91% 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: 0.44% Traditional cash on cash: -1.21% Airbnb Rental Income: $1833 Traditional Rental Income: $646 Airbnb ROI: 0.44% 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.	$229,000	Airbnb cash on cash: 2.18% Traditional cash on cash: 2.66% Airbnb Rental Income: $1399 Traditional Rental Income: $1082 Airbnb ROI: 2.18% Traditional ROI: 2.66%
12175 Cottage #2 Charlevoix, MI Welcome to this spacious 4+ bedroom, 3-bathroom condo in the desirable Enclave at Charlevo...	4 beds \| 3 baths \| 3,000 sq.ft.	$539,000	Airbnb cash on cash: 2.68% Traditional cash on cash: 4.6% Airbnb Rental Income: $2892 Traditional Rental Income: $3188 Airbnb ROI: 2.68% Traditional ROI: 4.6%
4435 Lake Shore Charlevoix, MI Custom built in 2020, this 5 bedroom Lake Michigan home with all its quality components ma...	5 beds \| 4 baths \| 3,980 sq.ft.	$2,450,000	Airbnb cash on cash: 0.15% Traditional cash on cash: 0.65% Airbnb Rental Income: $4396 Traditional Rental Income: $4594 Airbnb ROI: 0.15% Traditional ROI: 0.65%
6073 Rocky Beach Charlevoix, MI Welcome to Your Bay Shore Stone Cottage Retreat â with Extra Land to Build Your Dreams ...	4 beds \| 1 baths \| 2,234 sq.ft.	$389,000	Airbnb cash on cash: 4.3% Traditional cash on cash: 3.59% Airbnb Rental Income: $2892 Traditional Rental Income: $1962 Airbnb ROI: 4.3% Traditional ROI: 3.59%
7777 Mulberry Ln Lot : 3 Charlevoix, MI 7777 Mulberry Ln Lot : 3, Charlevoix, MI 49720 \| Other	N/A beds \| N/A baths \| N/A	$224,900	Airbnb cash on cash: 3.04% Traditional cash on cash: -0.21% Airbnb Rental Income: $1833 Traditional Rental Income: $647 Airbnb ROI: 3.04% Traditional ROI: -0.21%
7777 Mulberry Ln Charlevoix, MI 7777 Mulberry Ln, Charlevoix, MI 49720 \| Other	N/A beds \| N/A baths \| N/A	$224,900	Airbnb cash on cash: 3.04% Traditional cash on cash: -0.21% Airbnb Rental Income: $1833 Traditional Rental Income: $647 Airbnb ROI: 3.04% Traditional ROI: -0.21%
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: 0.28% Traditional cash on cash: 1.77% Airbnb Rental Income: $2222 Traditional Rental Income: $2422 Airbnb ROI: 0.28% 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: 0.23% Traditional cash on cash: 1.7% Airbnb Rental Income: $2222 Traditional Rental Income: $2422 Airbnb ROI: 0.23% 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: -1.57% Traditional cash on cash: -0.8% Airbnb Rental Income: $4396 Traditional Rental Income: $6197 Airbnb ROI: -1.57% Traditional ROI: -0.8%
12593 Fern Pl Charlevoix, MI Nestled in a peaceful cottage community of Pine Point, just steps from the shores of Lake ...	3 beds \| 2 baths \| 1,753 sq.ft.	$475,000	Airbnb cash on cash: 2.14% Traditional cash on cash: 3.76% Airbnb Rental Income: $2222 Traditional Rental Income: $2381 Airbnb ROI: 2.14% Traditional ROI: 3.76%

Real Estate investment in Charlevoix, MI

There are 86 properties for sale in the city of Charlevoix . The median list price in Charlevoix is $550,000 and the average price per square foot is $253. In October 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 86 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

108 Petoskey

Charlevoix, MI

3 beds | 2 baths | 1,864 sq.ft.

$555,000

Airbnb cash on cash: 0.5%

Traditional cash on cash: 2.05%

Airbnb Rental Income: $2222

Traditional Rental Income: $2464

Airbnb ROI: 0.5%

Traditional ROI: 2.05%

10540 Catherine

Charlevoix, MI

2 beds | 2 baths | 900 sq.ft.

$285,000

Airbnb cash on cash: 0.19%

Traditional cash on cash: 3.48%

Airbnb Rental Income: $1213

Traditional Rental Income: $1704

Airbnb ROI: 0.19%

Traditional ROI: 3.48%

217 Belvedere Terrace

Charlevoix, MI

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

$795,000

Airbnb cash on cash: -0.41%

Traditional cash on cash: 1.1%

Airbnb Rental Income: $2222

Traditional Rental Income: $2783

Airbnb ROI: -0.41%

Traditional ROI: 1.1%

09495 - 15 Summerhouse

Charlevoix, MI

2 beds | 2 baths | 1,220 sq.ft.

$365,000

Airbnb cash on cash: -0.4%

Traditional cash on cash: 2.86%

Airbnb Rental Income: $1213

Traditional Rental Income: $1937

Airbnb ROI: -0.4%

Traditional ROI: 2.86%

08015 Mulberry

Charlevoix, MI

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

$699,900

Airbnb cash on cash: 0.73%

Traditional cash on cash: 2.71%

Airbnb Rental Income: $2892

Traditional Rental Income: $3515

Airbnb ROI: 0.73%

Traditional ROI: 2.71%

406 Burns

Charlevoix, MI

3 beds | 1 baths | 1,270 sq.ft.

$499,000

Airbnb cash on cash: 0.84%

Traditional cash on cash: 1.04%

Airbnb Rental Income: $2222

Traditional Rental Income: $1758

Airbnb ROI: 0.84%

Traditional ROI: 1.04%

1105 GRANT

Charlevoix, MI

2 beds | 1 baths | 1,020 sq.ft.

$349,000

Airbnb cash on cash: -0.3%

Traditional cash on cash: 1.34%

Airbnb Rental Income: $1213

Traditional Rental Income: $1360

Airbnb ROI: -0.3%

Traditional ROI: 1.34%

108 W Upright

Charlevoix, MI

3 beds | 2 baths | 1,207 sq.ft.

$399,900

Airbnb cash on cash: 1.66%

Traditional cash on cash: 2.46%

Airbnb Rental Income: $2222

Traditional Rental Income: $1961

Airbnb ROI: 1.66%