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
881 Geller Court East Tawas, MI Check out this adorable ranch awaiting a new family to call it home. This charming home ha...	3 beds \| 2 baths \| 1,480 sq.ft.	$234,900	Airbnb cash on cash: 3.48% Traditional cash on cash: 5.33% Airbnb Rental Income: $1733 Traditional Rental Income: $1665 Airbnb ROI: 3.48% Traditional ROI: 5.33%
1025 E Lincoln East Tawas, MI Welcome home to this bright and inviting upper-level end-unit condo, where an abundance of...	2 beds \| 2 baths \| 1,176 sq.ft.	$189,900	Airbnb cash on cash: -0.11% Traditional cash on cash: 6.66% Airbnb Rental Income: $1072 Traditional Rental Income: $1926 Airbnb ROI: -0.11% Traditional ROI: 6.66%
1012 Owosso St East Tawas, MI Move-in ready for this 3-bedroom, 1- full bath, ranch style home. In the last 3 years this...	3 beds \| 1 baths \| 1,008 sq.ft.	$214,900	Airbnb cash on cash: 4.01% Traditional cash on cash: 4.47% Airbnb Rental Income: $1733 Traditional Rental Income: $1350 Airbnb ROI: 4.01% Traditional ROI: 4.47%
510 Janet St East Tawas, MI Beautiful 3 bedroom home sitting on two lots right in East Tawas! This home has a two car...	3 beds \| 2 baths \| 1,798 sq.ft.	$339,900	Airbnb cash on cash: 2.4% Traditional cash on cash: 5.79% Airbnb Rental Income: $1733 Traditional Rental Income: $2338 Airbnb ROI: 2.4% Traditional ROI: 5.79%
713 W Lincoln St East Tawas, MI Several updates for this original 1963, open floorplan, 3 bedroom, 1 1/2 bath home tucked...	3 beds \| 2 baths \| 1,606 sq.ft.	$285,000	Airbnb cash on cash: 2.19% Traditional cash on cash: 6.56% Airbnb Rental Income: $1733 Traditional Rental Income: $2427 Airbnb ROI: 2.19% Traditional ROI: 6.56%
1035 Cranberry Pike East Tawas, MI This charming Chalet on Tawas Lake offers breathtaking views, the most relaxing sounds of ...	2 beds \| 1 baths \| 11,110 sq.ft.	$235,000	Airbnb cash on cash: 0.9% Traditional cash on cash: 5.68% Airbnb Rental Income: $1072 Traditional Rental Income: $1766 Airbnb ROI: 0.9% Traditional ROI: 5.68%
1008 Clifford St East Tawas, MI Cozy 3-bedroom ranch near Tawas Lake! This well-maintained, single-level home is ideally l...	3 beds \| 1 baths \| 1,332 sq.ft.	$169,000	Airbnb cash on cash: 5.29% Traditional cash on cash: 4.58% Airbnb Rental Income: $1733 Traditional Rental Income: $1140 Airbnb ROI: 5.29% Traditional ROI: 4.58%
412 Wadsworth St East Tawas, MI Located in the Heart of downtown East Tawas and close to public beaches on Tawas Bay! This...	3 beds \| 1 baths \| 2,396 sq.ft.	$220,000	Airbnb cash on cash: 3.44% Traditional cash on cash: 5.39% Airbnb Rental Income: $1733 Traditional Rental Income: $1663 Airbnb ROI: 3.44% Traditional ROI: 5.39%
1137 Wintergreen St East Tawas, MI PRICE DROP!! Owners motivated to sell!! Home is close to Lake Huron for a great price with...	3 beds \| 2 baths \| 1,452 sq.ft.	$189,900	Airbnb cash on cash: 5.04% Traditional cash on cash: 10.79% Airbnb Rental Income: $1733 Traditional Rental Income: $2292 Airbnb ROI: 5.04% Traditional ROI: 10.79%
321 Church St East Tawas, MI Very clean 3 bedroom/1 bathroom home is located on a corner lot three blocks from downtown...	3 beds \| 1 baths \| 1,316 sq.ft.	$174,900	Airbnb cash on cash: 4.66% Traditional cash on cash: 8.9% Airbnb Rental Income: $1733 Traditional Rental Income: $1962 Airbnb ROI: 4.66% Traditional ROI: 8.9%
4507 Gowen Rd 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.	$540,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.36% Airbnb Rental Income: $null Traditional Rental Income: $3723 Airbnb ROI: N/A Traditional ROI: 5.36%
1390 N US 23 East Tawas, MI Year-Round Living with Breathtaking Views & 75 feet of Frontage on Lake Huron in East Tawa...	3 beds \| 2 baths \| 3,360 sq.ft.	$575,000	Airbnb cash on cash: 0.47% Traditional cash on cash: 4.35% Airbnb Rental Income: $1733 Traditional Rental Income: $3338 Airbnb ROI: 0.47% Traditional ROI: 4.35%
805 Rainbow Dr East Tawas, MI Welcome to 805 Rainbow Drive - a stunning waterfront retreat on beautiful Tawas Lake, an a...	2 beds \| 1 baths \| 1,000 sq.ft.	$179,900	Airbnb cash on cash: 0.93% Traditional cash on cash: 6.81% Airbnb Rental Income: $1072 Traditional Rental Income: $1710 Airbnb ROI: 0.93% Traditional ROI: 6.81%
235 Monument Rd East Tawas, MI Turn this into your dream home! All the makings for either a single family residence or a ...	3 beds \| 1 baths \| 2,335 sq.ft.	$249,900	Airbnb cash on cash: 2.4% Traditional cash on cash: 8.62% Airbnb Rental Income: $1733 Traditional Rental Income: $2722 Airbnb ROI: 2.4% Traditional ROI: 8.62%
441 Lakewood Drive East Tawas, MI A very nice corner location on two lots with a view of the Tawas Lake skyline. Generous 2 ...	3 beds \| 2 baths \| 1,411 sq.ft.	$199,000	Airbnb cash on cash: 3.64% Traditional cash on cash: 7.72% Airbnb Rental Income: $1733 Traditional Rental Income: $2026 Airbnb ROI: 3.64% Traditional ROI: 7.72%
200 W Franklin St East Tawas, MI New Price, New Opportunity - Bringing Exceptional Value to This East Tawas Property! Light...	3 beds \| 3 baths \| 3,051 sq.ft.	$265,000	Airbnb cash on cash: 2.13% Traditional cash on cash: 8.04% Airbnb Rental Income: $1733 Traditional Rental Income: $2734 Airbnb ROI: 2.13% Traditional ROI: 8.04%
4507 Gowen Rd Lot : 63-65 East Tawas, MI 4507 Gowen Rd Lot : 63-65, East Tawas, MI 48730 \| Single Family Residential	5 beds \| 3 baths \| 3,200 sq.ft.	$540,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.52% Airbnb Rental Income: $null Traditional Rental Income: $3145 Airbnb ROI: N/A Traditional ROI: 3.52%
000 AUSABLE DUNES Trl East Tawas, MI 000 Ausable Dunes Trl, East Tawas, MI 48730 \| Other	N/A beds \| N/A baths \| N/A	$300,000	Airbnb cash on cash: N/A Traditional cash on cash: -0.09% Airbnb Rental Income: $null Traditional Rental Income: $827 Airbnb ROI: N/A Traditional ROI: -0.09%
228 Maple Drive East Tawas, MI MOTIVATED SELLERS!!! This 4 bedroom, 2 bath, 1 1/2 story home will soon become your "New F...	4 beds \| 2 baths \| 1,514 sq.ft.	$269,777	Airbnb cash on cash: N/A Traditional cash on cash: 6.44% Airbnb Rental Income: $null Traditional Rental Income: $2228 Airbnb ROI: N/A Traditional ROI: 6.44%
601 E Westover St East Tawas, MI Location! Location! Location! This corner-lot property is just waiting for you to turn a l...	3 beds \| 1 baths \| 1,064 sq.ft.	$149,000	Airbnb cash on cash: 5.64% Traditional cash on cash: 8.11% Airbnb Rental Income: $1733 Traditional Rental Income: $1607 Airbnb ROI: 5.64% Traditional ROI: 8.11%
1180 Cranberry Pike East Tawas, MI Looking for an "up north get-a-way" near East Tawas? This well maintained very cute "A Fra...	2 beds \| 1 baths \| 672 sq.ft.	$139,900	Airbnb cash on cash: 2.85% Traditional cash on cash: 8.61% Airbnb Rental Income: $1072 Traditional Rental Income: $1477 Airbnb ROI: 2.85% Traditional ROI: 8.61%
1180 Cranberry Pike Lot : 13 East Tawas, MI 1180 Cranberry Pike Lot : 13, East Tawas, MI 48730 \| Single Family Residential	2 beds \| 1 baths \| 672 sq.ft.	$139,900	Airbnb cash on cash: 2.05% Traditional cash on cash: 5.72% Airbnb Rental Income: $1072 Traditional Rental Income: $1197 Airbnb ROI: 2.05% Traditional ROI: 5.72%
713 W Lincoln Lot : 13 East Tawas, MI 713 W Lincoln Lot : 13, East Tawas, MI 48730 \| Single Family Residential	3 beds \| 2 baths \| 1,606 sq.ft.	$285,000	Airbnb cash on cash: 1.81% Traditional cash on cash: 5.5% Airbnb Rental Income: $1733 Traditional Rental Income: $2247 Airbnb ROI: 1.81% Traditional ROI: 5.5%
707 Sawyer East Tawas, MI Move-in ready 3-bedroom, 2-bath home offering 1,548 sq ft of comfortable living space in a...	3 beds \| 2 baths \| 1,548 sq.ft.	$219,500	Airbnb cash on cash: 3.07% Traditional cash on cash: 8.47% Airbnb Rental Income: $1733 Traditional Rental Income: $2378 Airbnb ROI: 3.07% Traditional ROI: 8.47%
707 Sawyer St East Tawas, MI 707 Sawyer St, East Tawas, MI 48730 \| Single Family Residential	3 beds \| 2 baths \| 1,548 sq.ft.	$227,900	Airbnb cash on cash: 2.87% Traditional cash on cash: 7.64% Airbnb Rental Income: $1733 Traditional Rental Income: $2282 Airbnb ROI: 2.87% Traditional ROI: 7.64%
575 Rainbow Drive East Tawas, MI Get ready for up north, lake front living, surrounded by nature! This cozy home contains 2...	2 beds \| 2 baths \| 1,248 sq.ft.	$284,900	Airbnb cash on cash: 0.5% Traditional cash on cash: 6% Airbnb Rental Income: $1072 Traditional Rental Income: $2181 Airbnb ROI: 0.5% Traditional ROI: 6%
514 Tawas St East Tawas, MI Walk to downtown East Tawas from this great location and enjoy shopping and dining nearby!...	3 beds \| 2 baths \| 1,624 sq.ft.	$250,000	Airbnb cash on cash: 2.98% Traditional cash on cash: 7.72% Airbnb Rental Income: $1733 Traditional Rental Income: $2376 Airbnb ROI: 2.98% Traditional ROI: 7.72%
1095 E Lincoln St East Tawas, MI A UNIQUE OPPORTUNITY to own a BEAUTIFUL 3.6 acres in the city limits of EAST TAWAS!! This ...	3 beds \| 3 baths \| 2,257 sq.ft.	$337,000	Airbnb cash on cash: 1.29% Traditional cash on cash: 7.16% Airbnb Rental Income: $1733 Traditional Rental Income: $3114 Airbnb ROI: 1.29% Traditional ROI: 7.16%
3644 Crescent Drive East Tawas, MI One thing always holds true in real estate and that is Location, Location, Location. Just ...	2 beds \| 1 baths \| 864 sq.ft.	$228,000	Airbnb cash on cash: 1.37% Traditional cash on cash: 5.46% Airbnb Rental Income: $1072 Traditional Rental Income: $1585 Airbnb ROI: 1.37% Traditional ROI: 5.46%
000 Scott Rd East Tawas, MI 000 Scott Rd, East Tawas, MI 48730 \| Other	N/A beds \| N/A baths \| N/A	$168,500	Airbnb cash on cash: N/A Traditional cash on cash: 2.69% Airbnb Rental Income: $null Traditional Rental Income: $929 Airbnb ROI: N/A Traditional ROI: 2.69%
1161 Forest Lot : 14, 15 East Tawas, MI 1161 Forest Lot : 14, 15, East Tawas, MI 48730 \| Single Family Residential	3 beds \| 1 baths \| 1,578 sq.ft.	$234,900	Airbnb cash on cash: 2.72% Traditional cash on cash: 5.47% Airbnb Rental Income: $1733 Traditional Rental Income: $1868 Airbnb ROI: 2.72% Traditional ROI: 5.47%
1161 Forest East Tawas, MI Completely remodeled three bedroom home with a view of Lake Huron. Located just a few mile...	3 beds \| 1 baths \| 1,578 sq.ft.	$234,900	Airbnb cash on cash: 2.93% Traditional cash on cash: 5.69% Airbnb Rental Income: $1733 Traditional Rental Income: $1868 Airbnb ROI: 2.93% Traditional ROI: 5.69%
481 Baldwin Resort Road East Tawas, MI New offering on Baldwin Resort Road. This 2 bedroom 1 1/2 bath home is ready for some upda...	2 beds \| 2 baths \| 1,116 sq.ft.	$169,900	Airbnb cash on cash: 1.94% Traditional cash on cash: 10.7% Airbnb Rental Income: $1072 Traditional Rental Income: $2122 Airbnb ROI: 1.94% Traditional ROI: 10.7%
516 Locke St East Tawas, MI This is the one you have been looking for. This extremely well-maintained ranch home is wi...	3 beds \| 2 baths \| 1,392 sq.ft.	$279,000	Airbnb cash on cash: 2.78% Traditional cash on cash: 6.75% Airbnb Rental Income: $1733 Traditional Rental Income: $2301 Airbnb ROI: 2.78% Traditional ROI: 6.75%
107 Adams St East Tawas, MI 107 Adams St, East Tawas, MI 48730 \| Single Family Residential	5 beds \| 2 baths \| 1,885 sq.ft.	$199,900	Airbnb cash on cash: N/A Traditional cash on cash: 10.86% Airbnb Rental Income: $null Traditional Rental Income: $2632 Airbnb ROI: N/A Traditional ROI: 10.86%

Real Estate investment in East-tawas, MI

There are 66 properties for sale in the city of East Tawas . The median list price in East Tawas is $162,403 and the average price per square foot is $96. In October 2026, the average monthly cash on cash return in East Tawas is 7.00%. The average monthly rental income in East Tawas is $1,850.

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

There are 66 investment properties available for sale in East-tawas.

In 2026, 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 $1,850.

Your search for investment property begins and ends here

Investment Property for Sale in East Tawas, MI

881 Geller Court

East Tawas, MI

3 beds | 2 baths | 1,480 sq.ft.

$234,900

Airbnb cash on cash: 3.48%

Traditional cash on cash: 5.33%

Airbnb Rental Income: $1733

Traditional Rental Income: $1665

Airbnb ROI: 3.48%

Traditional ROI: 5.33%

1025 E Lincoln

East Tawas, MI

2 beds | 2 baths | 1,176 sq.ft.

$189,900

Airbnb cash on cash: -0.11%

Traditional cash on cash: 6.66%

Airbnb Rental Income: $1072

Traditional Rental Income: $1926

Airbnb ROI: -0.11%

Traditional ROI: 6.66%

1012 Owosso St

East Tawas, MI

3 beds | 1 baths | 1,008 sq.ft.

$214,900

Airbnb cash on cash: 4.01%

Traditional cash on cash: 4.47%

Airbnb Rental Income: $1733

Traditional Rental Income: $1350

Airbnb ROI: 4.01%

Traditional ROI: 4.47%

510 Janet St

East Tawas, MI

3 beds | 2 baths | 1,798 sq.ft.

$339,900

Airbnb cash on cash: 2.4%

Traditional cash on cash: 5.79%

Airbnb Rental Income: $1733

Traditional Rental Income: $2338

Airbnb ROI: 2.4%

Traditional ROI: 5.79%

713 W Lincoln St

East Tawas, MI

3 beds | 2 baths | 1,606 sq.ft.

$285,000

Airbnb cash on cash: 2.19%

Traditional cash on cash: 6.56%

Airbnb Rental Income: $1733

Traditional Rental Income: $2427

Airbnb ROI: 2.19%

Traditional ROI: 6.56%

1035 Cranberry Pike

East Tawas, MI

2 beds | 1 baths | 11,110 sq.ft.

$235,000

Airbnb cash on cash: 0.9%

Traditional cash on cash: 5.68%

Airbnb Rental Income: $1072

Traditional Rental Income: $1766

Airbnb ROI: 0.9%

Traditional ROI: 5.68%

1008 Clifford St

East Tawas, MI

3 beds | 1 baths | 1,332 sq.ft.

$169,000

Airbnb cash on cash: 5.29%

Traditional cash on cash: 4.58%

Airbnb Rental Income: $1733

Traditional Rental Income: $1140

Airbnb ROI: 5.29%

Traditional ROI: 4.58%

412 Wadsworth St

East Tawas, MI

3 beds | 1 baths | 2,396 sq.ft.

$220,000

Airbnb cash on cash: 3.44%

Traditional cash on cash: 5.39%

Airbnb Rental Income: $1733

Traditional Rental Income: $1663

Airbnb ROI: 3.44%