Real Estate Investment Properties for Sale in Grand Marais, MI
Looking for investment property in Grand Marais, MI with high ROI ?
Explore a variety of short-term homes & houses in Grand Marais, MI. Invest wisely with VRBO & Grand Marais, 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 Grand Marais, MI
| PROPERTY | DETAILS | SALE PRICE | INVESTMENT PERFORMANCE |
|---|---|---|---|
14145 N Ellen STGrand Marais, MIThis two bedroom two bathroom home on approximately 2.5 acres is Grand Marais' Best Kept S... |
2 beds | 2 baths | 1,690 sq.ft. |
$345,000 |
Airbnb cash on cash: 0.87%
|
21887 Ridge RDGrand Marais, MINewly remodeled exterior within walking distance to downtown with 24' x 24' Pole Barn on a... |
2 beds | 1 baths | 1,372 sq.ft. |
$325,000 |
Airbnb cash on cash: 1.08%
|
22226 E County Rd H 58Grand Marais, MIRelax and enjoy this beautiful home on Lake Superior! This property extends from the road ... |
3 beds | 2 baths | 2,530 sq.ft. |
$769,000 |
Airbnb cash on cash: 1.14%
|
22019 E EverettGrand Marais, MINestled in the heart of Grand Marais, this charming two bedroom, one bath home offers tons... |
2 beds | 1 baths | 862 sq.ft. |
$199,000 |
Airbnb cash on cash: 3.32%
|
21767 Brazel STGrand Marais, MIMLS-25-377 The closest one will come to owning waterfront without paying the taxes and ins... |
2 beds | 1 baths | 960 sq.ft. |
$449,900 |
Airbnb cash on cash: 1.06%
|
21988 E EverettGrand Marais, MIAmong the finest turn-of-the-century homes in Grand Marais, MI. This home does not disappo... |
3 beds | 2 baths | 1,306 sq.ft. |
$369,000 |
Airbnb cash on cash: 5.78%
|
21625 E Brazel STGrand Marais, MINewly listed: Located in west town Grand Marais across from Woodland Park and Lake Superio... |
3 beds | 3 baths | 1,900 sq.ft. |
$849,000 |
Airbnb cash on cash: 1.98%
|
E21858 Coast Guard PTGrand Marais, MILocated on Grand Marais' Coast Guard Point, this 5 bedroom home with more than 125' of Lak... |
5 beds | 2 baths | 1,632 sq.ft. |
$899,000 |
Airbnb cash on cash: N/A
|
N14157 Ellen STGrand Marais, MIA cozy 3 bedroom home on 1.24 acres with 200 ft of Ellen St. Frontage in Grand Marais. Tur... |
3 beds | 2 baths | 1,576 sq.ft. |
$345,000 |
Airbnb cash on cash: 5.6%
|
E21666 Ridge RDGrand Marais, MIThis is an impeccable manufactured 2 bedroom home (appr 2001-2002) with 4 acres within the... |
3 beds | 2 baths | 2,040 sq.ft. |
$449,000 |
Airbnb cash on cash: 3.74%
|
14339 N LakeGrand Marais, MIA one of a kind home with a view of the bay and just steps from the beach and downtown; we... |
3 beds | 3 baths | 2,254 sq.ft. |
$675,000 |
Airbnb cash on cash: 2.95%
|
14165 N JosieGrand Marais, MIWelcome to peaceful living on 9+ acres in Grand Marais, MI. Four bedrooms, 2 full bathroom... |
4 beds | 2 baths | 2,284 sq.ft. |
$539,000 |
Airbnb cash on cash: -1.29%
|
Real Estate investment in Grand-marais, MI
There are 12 properties for sale in the city of Grand Marais . The median list price in Grand Marais is $357,000 and the average price per square foot is $254. In September 2025, the average monthly cash on cash return in Grand Marais is 4.00%. The average monthly rental income in Grand Marais is $2,421.