Real Estate Investment Properties for Sale in East Tawas, MI

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

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

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
519 Adams Street East Tawas, MI Take a look at this well maintained ranch for your year around home or cottage. The the ki...	2 beds \| 2 baths \| 972 sq.ft.	$194,900	Airbnb cash on cash: -0.62% Traditional cash on cash: 7.03% Airbnb Rental Income: $641 Traditional Rental Income: $1760 Airbnb ROI: -0.62% Traditional ROI: 7.03%
531 WILBER RD East Tawas, MI Invest with success and buy through Auction.com. This bank-owned investment property is a ...	2 beds \| 1 baths \| 758 sq.ft.	$140,000	Airbnb cash on cash: -0.66% Traditional cash on cash: 6.73% Airbnb Rental Income: $641 Traditional Rental Income: $1337 Airbnb ROI: -0.66% Traditional ROI: 6.73%
412 Wadsworth Street East Tawas, MI Located in the Heart of downtown East Tawas and close to public beaches on Tawas Bay! Thi...	3 beds \| 2 baths \| 1,198 sq.ft.	$230,000	Airbnb cash on cash: 2.8% Traditional cash on cash: 5.12% Airbnb Rental Income: $1617 Traditional Rental Income: $1663 Airbnb ROI: 2.8% Traditional ROI: 5.12%
1260 Schill Road East Tawas, MI Imagine on a nice summer day relaxing on your covered porch and watching the sun set. That...	2 beds \| 2 baths \| 1,150 sq.ft.	$194,900	Airbnb cash on cash: -0.19% Traditional cash on cash: 5.89% Airbnb Rental Income: $641 Traditional Rental Income: $1470 Airbnb ROI: -0.19% Traditional ROI: 5.89%
1165 E Lincoln Street East Tawas, MI A lovely location on a large, wooded lot not far from downtown East Tawas! This beautiful...	3 beds \| 2 baths \| 2,668 sq.ft.	$395,000	Airbnb cash on cash: 0.8% Traditional cash on cash: 4.94% Airbnb Rental Income: $1617 Traditional Rental Income: $2694 Airbnb ROI: 0.8% Traditional ROI: 4.94%
4507 Gowen Road East Tawas, MI This Beautiful Home was Custom Built in 2001, all brick home sits on over 4 acres with gre...	5 beds \| 3 baths \| 3,200 sq.ft.	$599,900	Airbnb cash on cash: N/A Traditional cash on cash: 4.73% Airbnb Rental Income: $null Traditional Rental Income: $3723 Airbnb ROI: N/A Traditional ROI: 4.73%
371 Baldwin Resort Road East Tawas, MI Located in the highly desirable Baldwin Resort community, this home is just minutes from p...	3 beds \| 1 baths \| 1,280 sq.ft.	$189,999	Airbnb cash on cash: 3.45% Traditional cash on cash: 7.5% Airbnb Rental Income: $1617 Traditional Rental Income: $1890 Airbnb ROI: 3.45% Traditional ROI: 7.5%
805 Rainbow Drive East Tawas, MI Welcome to 805 Rainbow Drive, a beautifully updated 2-bedroom home perfectly situated on t...	2 beds \| 1 baths \| 900 sq.ft.	$189,900	Airbnb cash on cash: -1.16% Traditional cash on cash: 6.41% Airbnb Rental Income: $641 Traditional Rental Income: $1710 Airbnb ROI: -1.16% Traditional ROI: 6.41%
940 Huron Street East Tawas, MI This is the adorable log cottage "Up North" that you have been looking for! 100 feet of we...	2 beds \| 1 baths \| 778 sq.ft.	$369,900	Airbnb cash on cash: -1.39% Traditional cash on cash: 2.51% Airbnb Rental Income: $641 Traditional Rental Income: $1698 Airbnb ROI: -1.39% Traditional ROI: 2.51%
109 W Tawas Lake Road East Tawas, MI Nice 1410sf home with 3 bedrooms, 1.75 bath. Master bedroom with private bath, large Livin...	3 beds \| 2 baths \| 1,410 sq.ft.	$298,000	Airbnb cash on cash: 1.63% Traditional cash on cash: 5.69% Airbnb Rental Income: $1617 Traditional Rental Income: $2298 Airbnb ROI: 1.63% Traditional ROI: 5.69%
416 Bridge Street East Tawas, MI Conveniently located in downtown East Tawas this 2 bedroom/1 bathroom house comes with an ...	2 beds \| 1 baths \| 1,144 sq.ft.	$169,900	Airbnb cash on cash: -1.04% Traditional cash on cash: 7.36% Airbnb Rental Income: $641 Traditional Rental Income: $1706 Airbnb ROI: -1.04% Traditional ROI: 7.36%
235 Monument Road East Tawas, MI Turn this into your dream home! All the makings for either a single family residence or a ...	3 beds \| 2 baths \| 2,335 sq.ft.	$294,900	Airbnb cash on cash: 1.32% Traditional cash on cash: 6.95% Airbnb Rental Income: $1617 Traditional Rental Income: $2722 Airbnb ROI: 1.32% Traditional ROI: 6.95%
213 Alice Street East Tawas, MI This is a Move-in ready home located within walking distance of Downtown East Tawas. It s...	3 beds \| 2 baths \| 1,636 sq.ft.	$259,000	Airbnb cash on cash: 2.68% Traditional cash on cash: 8.18% Airbnb Rental Income: $1617 Traditional Rental Income: $2504 Airbnb ROI: 2.68% Traditional ROI: 8.18%
401 E Westover Street East Tawas, MI A fantastic brick ranch in the heart of East Tawas! Step inside this well-cared-for home t...	3 beds \| 2 baths \| 1,505 sq.ft.	$285,000	Airbnb cash on cash: 1.41% Traditional cash on cash: 6.33% Airbnb Rental Income: $1617 Traditional Rental Income: $2481 Airbnb ROI: 1.41% Traditional ROI: 6.33%
1340 Bischoff East Tawas, MI Your Private Retreat on 9.6 Acres Pole building with attached out building 145x25. Fenced ...	4 beds \| 2 baths \| 2,200 sq.ft.	$420,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.38% Airbnb Rental Income: $null Traditional Rental Income: $2744 Airbnb ROI: N/A Traditional ROI: 5.38%
203 Adams East Tawas, MI This charming 3-bedroom, 2-bath home is nestled in a fantastic location, just minutes away...	3 beds \| 2 baths \| 1,265 sq.ft.	$190,000	Airbnb cash on cash: 4.22% Traditional cash on cash: 9.82% Airbnb Rental Income: $1617 Traditional Rental Income: $2171 Airbnb ROI: 4.22% Traditional ROI: 9.82%
2765 Huron Road East Tawas, MI 3 bedroom 2 bath updated kitchen area, currently being used as an air bnb/vrbo with great ...	3 beds \| 2 baths \| 1,680 sq.ft.	$269,900	Airbnb cash on cash: 2.11% Traditional cash on cash: 8.2% Airbnb Rental Income: $1617 Traditional Rental Income: $2708 Airbnb ROI: 2.11% Traditional ROI: 8.2%
604 W Wadsworth Street East Tawas, MI Nestled on Wadsworth Street, this welcoming single-family home is ideal for families seeki...	3 beds \| 2 baths \| 1,394 sq.ft.	$184,900	Airbnb cash on cash: 4.45% Traditional cash on cash: 9.96% Airbnb Rental Income: $1617 Traditional Rental Income: $2128 Airbnb ROI: 4.45% Traditional ROI: 9.96%
2403 Wilber Road East Tawas, MI This charming 4-bedroom, 2.5-bathroom farmhouse sits on 2.04 acres and offers the perfect ...	4 beds \| 3 baths \| 2,159 sq.ft.	$249,000	Airbnb cash on cash: N/A Traditional cash on cash: 10.49% Airbnb Rental Income: $null Traditional Rental Income: $3014 Airbnb ROI: N/A Traditional ROI: 10.49%
971 N Huron St East Tawas, MI Beautifully remodeled log cabin located just 5 miles north of town. Ready to be enjoyed pe...	2 beds \| 1 baths \| 475 sq.ft.	$175,000	Airbnb cash on cash: -0.1% Traditional cash on cash: 6.46% Airbnb Rental Income: $641 Traditional Rental Income: $1439 Airbnb ROI: -0.1% Traditional ROI: 6.46%
977 N Huron Street East Tawas, MI Potential buyer's dream. Your chance to get 3 complete units with 1 purchase. Older cabins...	3 beds \| 3 baths \| 1,380 sq.ft.	$225,000	Airbnb cash on cash: 3.2% Traditional cash on cash: 10.72% Airbnb Rental Income: $1617 Traditional Rental Income: $2759 Airbnb ROI: 3.2% Traditional ROI: 10.72%
973 N Huron St East Tawas, MI Come take a look at this charming 2 bedroom, 1 bath log cabin located just 5 miles north o...	2 beds \| 1 baths \| 475 sq.ft.	$135,000	Airbnb cash on cash: 0.15% Traditional cash on cash: 7.4% Airbnb Rental Income: $641 Traditional Rental Income: $1285 Airbnb ROI: 0.15% Traditional ROI: 7.4%
1030 Airport Drive East Tawas, MI In the City of East Tawas, this inviting ranch sits on nearly a half acreâtwo lots for a...	3 beds \| 2 baths \| 1,820 sq.ft.	$255,000	Airbnb cash on cash: 2.55% Traditional cash on cash: 8.85% Airbnb Rental Income: $1617 Traditional Rental Income: $2676 Airbnb ROI: 2.55% Traditional ROI: 8.85%
108 Warren East Tawas, MI With Tawas Lake access directly across the quiet neighborhood street, this property featur...	2 beds \| 1 baths \| 935 sq.ft.	$197,000	Airbnb cash on cash: -0.51% Traditional cash on cash: 7.45% Airbnb Rental Income: $641 Traditional Rental Income: $1834 Airbnb ROI: -0.51% Traditional ROI: 7.45%
1008 Clifford Clifford Street East Tawas, MI Cozy 1 level, three bedroom ranch home near Tawas Lake. The home is less than 2 miles from...	3 beds \| 1 baths \| N/A	$189,900	Airbnb cash on cash: 4.05% Traditional cash on cash: 9.64% Airbnb Rental Income: $1617 Traditional Rental Income: $2168 Airbnb ROI: 4.05% Traditional ROI: 9.64%
800 E State Street East Tawas, MI Conveniently located in downtown East Tawas this 2 bedroom/1 bathroom house is situated on...	2 beds \| 2 baths \| 1,084 sq.ft.	$179,900	Airbnb cash on cash: -0.27% Traditional cash on cash: 8.96% Airbnb Rental Income: $641 Traditional Rental Income: $1926 Airbnb ROI: -0.27% Traditional ROI: 8.96%

Real Estate investment in East-tawas, MI

There are 26 properties for sale in the city of East Tawas . The median list price in East Tawas is $195,950 and the average price per square foot is $137. In December 2025, the average monthly cash on cash return in East Tawas is 7.00%. The average monthly rental income in East Tawas is $2,168.

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

There are 26 investment properties available for sale in East-tawas.

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

The ROI for Long-Term is higher than the Short-Term in East-tawas with average rental income of $2,168.

Your search for investment property begins and ends here

Investment Property for Sale in East Tawas, MI

519 Adams Street

East Tawas, MI

2 beds | 2 baths | 972 sq.ft.

$194,900

Airbnb cash on cash: -0.62%

Traditional cash on cash: 7.03%

Airbnb Rental Income: $641

Traditional Rental Income: $1760

Airbnb ROI: -0.62%

Traditional ROI: 7.03%

531 WILBER RD

East Tawas, MI

2 beds | 1 baths | 758 sq.ft.

$140,000

Airbnb cash on cash: -0.66%

Traditional cash on cash: 6.73%

Airbnb Rental Income: $641

Traditional Rental Income: $1337

Airbnb ROI: -0.66%

Traditional ROI: 6.73%

412 Wadsworth Street

East Tawas, MI

3 beds | 2 baths | 1,198 sq.ft.

$230,000

Airbnb cash on cash: 2.8%

Traditional cash on cash: 5.12%

Airbnb Rental Income: $1617

Traditional Rental Income: $1663

Airbnb ROI: 2.8%

Traditional ROI: 5.12%

1260 Schill Road

East Tawas, MI

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

$194,900

Airbnb cash on cash: -0.19%

Traditional cash on cash: 5.89%

Airbnb Rental Income: $641

Traditional Rental Income: $1470

Airbnb ROI: -0.19%

Traditional ROI: 5.89%

1165 E Lincoln Street

East Tawas, MI

3 beds | 2 baths | 2,668 sq.ft.

$395,000

Airbnb cash on cash: 0.8%

Traditional cash on cash: 4.94%

Airbnb Rental Income: $1617

Traditional Rental Income: $2694

Airbnb ROI: 0.8%

Traditional ROI: 4.94%

4507 Gowen Road

East Tawas, MI

5 beds | 3 baths | 3,200 sq.ft.

$599,900

Airbnb cash on cash: N/A

Traditional cash on cash: 4.73%

Airbnb Rental Income: $null

Traditional Rental Income: $3723

Airbnb ROI: N/A

Traditional ROI: 4.73%

371 Baldwin Resort Road

East Tawas, MI

3 beds | 1 baths | 1,280 sq.ft.

$189,999

Airbnb cash on cash: 3.45%

Traditional cash on cash: 7.5%

Airbnb Rental Income: $1617

Traditional Rental Income: $1890

Airbnb ROI: 3.45%

Traditional ROI: 7.5%

805 Rainbow Drive

East Tawas, MI

2 beds | 1 baths | 900 sq.ft.

$189,900

Airbnb cash on cash: -1.16%

Traditional cash on cash: 6.41%

Airbnb Rental Income: $641

Traditional Rental Income: $1710

Airbnb ROI: -1.16%