Real Estate Investment Properties for Sale in Dowagiac, MI

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

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

Multi Family for Sale in Dowagiac, MI

Search for Multi Family for Sale in Dowagiac, Michigan. Browse all of Mashvisor’s Multi Family listings and other investment property types including Single Family Homes, Multi Family Homes, Condos, Townhouses and Other Homes.

Showing 2 Multi Family 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
423 E Division St Dowagiac, MI Spacious 3-Unit Investment Property with garage & Large Yard. The property features three ...	4 beds \| N/A baths \| 2,914 sq.ft.	$199,900	Airbnb cash on cash: 1.4% Traditional cash on cash: 5.91% Airbnb Rental Income: $1162 Traditional Rental Income: $1636 Airbnb ROI: 1.4% Traditional ROI: 5.91%
93402 Lee St Dowagiac, MI 3 homes in Sister Lakes with private deeded access to Big Crooked Lake, no mooring of boat...	6 beds \| N/A baths \| N/A	$350,000	Airbnb cash on cash: -0.3% Traditional cash on cash: 5.3% Airbnb Rental Income: $1162 Traditional Rental Income: $2621 Airbnb ROI: -0.3% Traditional ROI: 5.3%
Other Investment Properties for Sale in Dowagiac
27853 Burmax Park Dowagiac , MI Ranch style house with full basement and oversized 2 car garage is located on a quiet, low...	3 beds \| 2 baths \| 1,892 sq.ft.	$254,900	Airbnb cash on cash: 4.26% Traditional cash on cash: 7.66% Airbnb Rental Income: $2056 Traditional Rental Income: $2342 Airbnb ROI: 4.26% Traditional ROI: 7.66%
108 Hill Street Dowagiac , MI Don't Miss out on this Great Home. Larger corner lot with a large detached 3-car garage, p...	3 beds \| 3 baths \| 2,136 sq.ft.	$190,000	Airbnb cash on cash: 4.99% Traditional cash on cash: 11.18% Airbnb Rental Income: $2056 Traditional Rental Income: $2641 Airbnb ROI: 4.99% Traditional ROI: 11.18%
56200 California Road Dowagiac , MI Nestled among nearly 27 acres, this exceptional Dowagiac property offers a rare combinatio...	4 beds \| 2 baths \| 2,516 sq.ft.	$468,000	Airbnb cash on cash: 4.39% Traditional cash on cash: 2.94% Airbnb Rental Income: $3216 Traditional Rental Income: $1853 Airbnb ROI: 4.39% Traditional ROI: 2.94%
106 Hamilton St Dowagiac , MI Spacious 4 bedroom 2 bath home with loads of character. 10 ft. Ceilings on most of main le...	4 beds \| 2 baths \| 2,848 sq.ft.	$259,900	Airbnb cash on cash: 7.25% Traditional cash on cash: 7.46% Airbnb Rental Income: $3216 Traditional Rental Income: $2542 Airbnb ROI: 7.25% Traditional ROI: 7.46%
307 E Telegraph St Dowagiac , MI Recently updated and move-in ready, this cozy home offers an efficient layout that makes t...	2 beds \| 1 baths \| 651 sq.ft.	$116,900	Airbnb cash on cash: 4.54% Traditional cash on cash: 7.1% Airbnb Rental Income: $1162 Traditional Rental Income: $1068 Airbnb ROI: 4.54% Traditional ROI: 7.1%
31401 Middle Crossing Rd Dowagiac , MI Elegant two story home nestled in the middle of cherry orchards--3 wonderful outbuildings ...	4 beds \| 2 baths \| 2,754 sq.ft.	$639,900	Airbnb cash on cash: 2.24% Traditional cash on cash: 2.67% Airbnb Rental Income: $3216 Traditional Rental Income: $2748 Airbnb ROI: 2.24% Traditional ROI: 2.67%
66476 Oak Street Dowagiac , MI 2 neat and clean cottages all on their own lots with multiple, buildable other lots nearby...	2 beds \| N/A baths \| N/A	$99,900	Airbnb cash on cash: 3.62% Traditional cash on cash: 11.19% Airbnb Rental Income: $1162 Traditional Rental Income: $1514 Airbnb ROI: 3.62% Traditional ROI: 11.19%
67560 95th Ave Dowagiac , MI An affordable lakefront opportunity in the heart of Sister Lakes! Situated on beautiful Bi...	4 beds \| 2 baths \| 1,440 sq.ft.	$585,000	Airbnb cash on cash: 2.34% Traditional cash on cash: 1.97% Airbnb Rental Income: $3216 Traditional Rental Income: $2287 Airbnb ROI: 2.34% Traditional ROI: 1.97%
53027 Twin Lakes Rd Dowagiac , MI MOTIVATED SELLERS!! Property Now Offered With A $50,000 Price Reduction With A New Price O...	4 beds \| 3 baths \| 2,445 sq.ft.	$415,000	Airbnb cash on cash: 4.75% Traditional cash on cash: 6.24% Airbnb Rental Income: $3216 Traditional Rental Income: $3070 Airbnb ROI: 4.75% Traditional ROI: 6.24%
50479 Delling Dr Dowagiac , MI This is the magical vintage cottage we all remember going to for the summer as a child, or...	2 beds \| 1 baths \| 892 sq.ft.	$199,000	Airbnb cash on cash: 1.8% Traditional cash on cash: 5.67% Airbnb Rental Income: $1162 Traditional Rental Income: $1509 Airbnb ROI: 1.8% Traditional ROI: 5.67%
56777 M-51 S Dowagiac , MI This spacious 3-bedroom, 2-story brick home offers the perfect blend of comfort, versatili...	4 beds \| 2 baths \| 2,830 sq.ft.	$399,000	Airbnb cash on cash: 4.96% Traditional cash on cash: 6.88% Airbnb Rental Income: $3216 Traditional Rental Income: $3210 Airbnb ROI: 4.96% Traditional ROI: 6.88%
55945 Inn D Inn Dr Dowagiac , MI Location, Location, Location! This home offers all the perks of being near Indian Lake wit...	4 beds \| 2 baths \| 2,900 sq.ft.	$395,000	Airbnb cash on cash: 4.62% Traditional cash on cash: 5.27% Airbnb Rental Income: $3216 Traditional Rental Income: $2734 Airbnb ROI: 4.62% Traditional ROI: 5.27%

Your search for investment property begins and ends here

Multi Family for Sale in Dowagiac, MI

423 E Division St

Dowagiac, MI

4 beds | N/A baths | 2,914 sq.ft.

$199,900

Airbnb cash on cash: 1.4%

Traditional cash on cash: 5.91%

Airbnb Rental Income: $1162

Traditional Rental Income: $1636

Airbnb ROI: 1.4%

Traditional ROI: 5.91%

93402 Lee St

Dowagiac, MI

6 beds | N/A baths | N/A

$350,000

Airbnb cash on cash: -0.3%

Traditional cash on cash: 5.3%

Airbnb Rental Income: $1162

Traditional Rental Income: $2621

Airbnb ROI: -0.3%

Traditional ROI: 5.3%

Other Investment Properties for Sale in Dowagiac

Dowagiac , MI

3 beds | 2 baths | 1,892 sq.ft.

$254,900

Airbnb cash on cash: 4.26%

Traditional cash on cash: 7.66%

Airbnb Rental Income: $2056

Traditional Rental Income: $2342

Airbnb ROI: 4.26%

Traditional ROI: 7.66%

Dowagiac , MI

3 beds | 3 baths | 2,136 sq.ft.

$190,000

Airbnb cash on cash: 4.99%

Traditional cash on cash: 11.18%

Airbnb Rental Income: $2056

Traditional Rental Income: $2641

Airbnb ROI: 4.99%

Traditional ROI: 11.18%

Dowagiac , MI

4 beds | 2 baths | 2,516 sq.ft.

$468,000

Airbnb cash on cash: 4.39%

Traditional cash on cash: 2.94%

Airbnb Rental Income: $3216

Traditional Rental Income: $1853

Airbnb ROI: 4.39%

Traditional ROI: 2.94%

Dowagiac , MI

4 beds | 2 baths | 2,848 sq.ft.

$259,900

Airbnb cash on cash: 7.25%

Traditional cash on cash: 7.46%

Airbnb Rental Income: $3216

Traditional Rental Income: $2542

Airbnb ROI: 7.25%

Traditional ROI: 7.46%

Dowagiac , MI

2 beds | 1 baths | 651 sq.ft.

$116,900

Airbnb cash on cash: 4.54%

Traditional cash on cash: 7.1%

Airbnb Rental Income: $1162

Traditional Rental Income: $1068

Airbnb ROI: 4.54%

Traditional ROI: 7.1%

Dowagiac , MI

4 beds | 2 baths | 2,754 sq.ft.

$639,900

Airbnb cash on cash: 2.24%

Traditional cash on cash: 2.67%

Airbnb Rental Income: $3216

Traditional Rental Income: $2748

Airbnb ROI: 2.24%

Traditional ROI: 2.67%

Dowagiac , MI

2 beds | N/A baths | N/A

$99,900

Airbnb cash on cash: 3.62%