Real Estate Investment Properties for Sale in East Grand Rapids, MI

Looking for investment property in East Grand Rapids, MI with high ROI ?

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

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
2242 Lake Drive SE East Grand Rapids, MI Completely reimagined in the heart of EGR, this 4-bed, 3-bath tri-level delivers modern li...	4 beds \| 3 baths \| 2,857 sq.ft.	$799,900	Airbnb cash on cash: 0.09% Traditional cash on cash: 1.84% Airbnb Rental Income: $2525 Traditional Rental Income: $3215 Airbnb ROI: 0.09% Traditional ROI: 1.84%
2821 Elmwood Drive SE East Grand Rapids, MI Situated on nearly a half-acre lot, on one of the most desirable ''Wood'' streets, this 3,...	4 beds \| N/A baths \| 3,704 sq.ft.	$1,075,000	Airbnb cash on cash: -1.16% Traditional cash on cash: 1.55% Airbnb Rental Income: $2525 Traditional Rental Income: $4627 Airbnb ROI: -1.16% Traditional ROI: 1.55%
3150 Manhattan Lane SE East Grand Rapids, MI Welcome to 3150 Manhattan Lane, nestled at the end of a quiet cul-de-sac on Reeds Lake in ...	4 beds \| 4 baths \| 4,376 sq.ft.	$2,995,000	Airbnb cash on cash: -3.14% Traditional cash on cash: -2.44% Airbnb Rental Income: $2525 Traditional Rental Income: $3833 Airbnb ROI: -3.14% Traditional ROI: -2.44%
2929 Bonnell Avenue SE East Grand Rapids, MI Extraordinary Reeds Lake estate on private 1.58-acre site located on one of the most prest...	4 beds \| 6 baths \| 7,974 sq.ft.	$5,500,000	Airbnb cash on cash: -2.84% Traditional cash on cash: -2.26% Airbnb Rental Income: $2525 Traditional Rental Income: $4875 Airbnb ROI: -2.84% Traditional ROI: -2.26%
1995 San Lu Rae Drive SE East Grand Rapids, MI Iconic house. Iconic site. In the heart of East Grand Rapids. This may be a once in a life...	5 beds \| 8 baths \| 11,652 sq.ft.	$5,800,000	Airbnb cash on cash: N/A Traditional cash on cash: -1.32% Airbnb Rental Income: $null Traditional Rental Income: $7017 Airbnb ROI: N/A Traditional ROI: -1.32%
1041 Keneberry Way SE East Grand Rapids, MI Charming bungalow on quiet, less-traveled street in close proximity to Gaslight Village, L...	5 beds \| N/A baths \| 2,229 sq.ft.	$429,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.34% Airbnb Rental Income: $null Traditional Rental Income: $2687 Airbnb ROI: N/A Traditional ROI: 4.34%
638 Gladstone Drive SE East Grand Rapids, MI The ideal location with easy walk to East Grand Rapids Gaslight Village or Eastown restaur...	3 beds \| N/A baths \| 1,008 sq.ft.	$329,900	Airbnb cash on cash: 0.87% Traditional cash on cash: 3.25% Airbnb Rental Income: $1540 Traditional Rental Income: $1833 Airbnb ROI: 0.87% Traditional ROI: 3.25%
735 Bagley Avenue SE unit: 8 #8 East Grand Rapids, MI Fabulous Brownstone-style condo in Gaslight Village offering the best of East Grand Rapids...	3 beds \| 2 baths \| 1,674 sq.ft.	$619,000	Airbnb cash on cash: -1.88% Traditional cash on cash: 0.45% Airbnb Rental Income: $1540 Traditional Rental Income: $2443 Airbnb ROI: -1.88% Traditional ROI: 0.45%
1043 Floral Avenue SE East Grand Rapids, MI Available for the first time in over 45 years, this classic brick single-family home blend...	3 beds \| N/A baths \| 1,761 sq.ft.	$549,900	Airbnb cash on cash: 0.04% Traditional cash on cash: 2.45% Airbnb Rental Income: $1540 Traditional Rental Income: $2332 Airbnb ROI: 0.04% Traditional ROI: 2.45%
270 Lakeside Dr SE East Grand Rapids, MI This classic 1928 home with beautiful architecture is located between Fisk and Reeds Lake ...	5 beds \| 5 baths \| 4,560 sq.ft.	$1,899,000	Airbnb cash on cash: N/A Traditional cash on cash: 1.89% Airbnb Rental Income: $null Traditional Rental Income: $6690 Airbnb ROI: N/A Traditional ROI: 1.89%
2350 Englewood Drive SE East Grand Rapids, MI Beautifully reimagined traditional brick 2 story in EGR with an amazing location close to ...	4 beds \| N/A baths \| 2,634 sq.ft.	$749,995	Airbnb cash on cash: 0.48% Traditional cash on cash: 0.88% Airbnb Rental Income: $2525 Traditional Rental Income: $2191 Airbnb ROI: 0.48% Traditional ROI: 0.88%
2752 Maplewood Drive SE East Grand Rapids, MI Charming English Tudor on a large wooded, 1/3 acre lot, in East Grand Rapids. Located on a...	4 beds \| N/A baths \| 2,340 sq.ft.	$725,000	Airbnb cash on cash: 0.18% Traditional cash on cash: 0.63% Airbnb Rental Income: $2525 Traditional Rental Income: $2217 Airbnb ROI: 0.18% Traditional ROI: 0.63%
2350 Elinor Lane SE unit: 7E #7E East Grand Rapids, MI Amazing building opportunity in the award winning East Grand Rapids School District. Enjoy...	4 beds \| 3 baths \| 3,027 sq.ft.	$1,000,000	Airbnb cash on cash: 0.52% Traditional cash on cash: 1.86% Airbnb Rental Income: $2525 Traditional Rental Income: $3157 Airbnb ROI: 0.52% Traditional ROI: 1.86%
2325 Burchard Street SE East Grand Rapids, MI This beautiful brick ranch located just steps from Lakeside Elementary School, Gaslight Vi...	4 beds \| 2 baths \| 2,406 sq.ft.	$479,900	Airbnb cash on cash: 1.18% Traditional cash on cash: 2.89% Airbnb Rental Income: $2525 Traditional Rental Income: $2685 Airbnb ROI: 1.18% Traditional ROI: 2.89%
330 Rosewood Avenue SE East Grand Rapids, MI Brimming with character, this classic East Grand Rapids home is perfectly situated just mi...	4 beds \| N/A baths \| 2,363 sq.ft.	$649,900	Airbnb cash on cash: 0.9% Traditional cash on cash: 1.18% Airbnb Rental Income: $2525 Traditional Rental Income: $2084 Airbnb ROI: 0.9% Traditional ROI: 1.18%

Real Estate investment in East-grand-rapids, MI

There are 15 properties for sale in the city of East Grand Rapids . The median list price in East Grand Rapids is $749,995 and the average price per square foot is $206. In December 2025, the average monthly cash on cash return in East Grand Rapids is 2.00%. The average monthly rental income in East Grand Rapids is $2,687.

East-grand-rapids, MI Real Estate Investing: FAQs for Buyers, Sellers and Investors

There are 15 investment properties available for sale in East-grand-rapids.

In 2025, the best neighborhood to buy investment property is East Grand Rapids.

The ROI for Short-Term is higher than the Long-Term in East-grand-rapids with average rental income of $2,525.

Your search for investment property begins and ends here

Investment Property for Sale in East Grand Rapids, MI

2242 Lake Drive SE

East Grand Rapids, MI

4 beds | 3 baths | 2,857 sq.ft.

$799,900

Airbnb cash on cash: 0.09%

Traditional cash on cash: 1.84%

Airbnb Rental Income: $2525

Traditional Rental Income: $3215

Airbnb ROI: 0.09%

Traditional ROI: 1.84%

2821 Elmwood Drive SE

East Grand Rapids, MI

4 beds | N/A baths | 3,704 sq.ft.

$1,075,000

Airbnb cash on cash: -1.16%

Traditional cash on cash: 1.55%

Airbnb Rental Income: $2525

Traditional Rental Income: $4627

Airbnb ROI: -1.16%

Traditional ROI: 1.55%

3150 Manhattan Lane SE

East Grand Rapids, MI

4 beds | 4 baths | 4,376 sq.ft.

$2,995,000

Airbnb cash on cash: -3.14%

Traditional cash on cash: -2.44%

Airbnb Rental Income: $2525

Traditional Rental Income: $3833

Airbnb ROI: -3.14%

Traditional ROI: -2.44%

2929 Bonnell Avenue SE

East Grand Rapids, MI

4 beds | 6 baths | 7,974 sq.ft.

$5,500,000

Airbnb cash on cash: -2.84%

Traditional cash on cash: -2.26%

Airbnb Rental Income: $2525

Traditional Rental Income: $4875

Airbnb ROI: -2.84%

Traditional ROI: -2.26%

1995 San Lu Rae Drive SE

East Grand Rapids, MI

5 beds | 8 baths | 11,652 sq.ft.

$5,800,000

Airbnb cash on cash: N/A

Traditional cash on cash: -1.32%

Airbnb Rental Income: $null

Traditional Rental Income: $7017

Airbnb ROI: N/A

Traditional ROI: -1.32%

1041 Keneberry Way SE

East Grand Rapids, MI

5 beds | N/A baths | 2,229 sq.ft.

$429,000

Airbnb cash on cash: N/A

Traditional cash on cash: 4.34%

Airbnb Rental Income: $null

Traditional Rental Income: $2687

Airbnb ROI: N/A

Traditional ROI: 4.34%

638 Gladstone Drive SE

East Grand Rapids, MI

3 beds | N/A baths | 1,008 sq.ft.

$329,900

Airbnb cash on cash: 0.87%

Traditional cash on cash: 3.25%

Airbnb Rental Income: $1540

Traditional Rental Income: $1833

Airbnb ROI: 0.87%

Traditional ROI: 3.25%

735 Bagley Avenue SE unit: 8 #8

East Grand Rapids, MI

3 beds | 2 baths | 1,674 sq.ft.

$619,000

Airbnb cash on cash: -1.88%

Traditional cash on cash: 0.45%

Airbnb Rental Income: $1540

Traditional Rental Income: $2443

Airbnb ROI: -1.88%