Real Estate Investment Properties for Sale in Grand Rapids, MI

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

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

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
3067 Effie Place NE Grand Rapids, MI Well built 2 bedroom 1 bath ranch. Nice area near riverside Park. Large fenced in back yar...	2 beds \| 1 baths \| 911 sq.ft.	$179,900	Airbnb cash on cash: 2.72% Traditional cash on cash: 5.08% Airbnb Rental Income: $1297 Traditional Rental Income: $1296 Airbnb ROI: 2.72% Traditional ROI: 5.08%
1217 El Camino Drive NW Grand Rapids, MI Exceptional residence offering a rare sense of privacy and a refined, collected aesthetic,...	4 beds \| 5 baths \| 4,689 sq.ft.	$699,900	Airbnb cash on cash: 0.63% Traditional cash on cash: 6.05% Airbnb Rental Income: $2358 Traditional Rental Income: $5313 Airbnb ROI: 0.63% Traditional ROI: 6.05%
600 Broadway Avenue NW #211 Grand Rapids, MI Welcome to Union Square -- where historic charm meets modern downtown living. More than ju...	2 beds \| 2 baths \| 931 sq.ft.	$294,876	Airbnb cash on cash: 0.63% Traditional cash on cash: 6.13% Airbnb Rental Income: $1389 Traditional Rental Income: $2496 Airbnb ROI: 0.63% Traditional ROI: 6.13%
4706 Sundial Drive NE Grand Rapids, MI Welcome to 4706 Sundial Dr. NE located in the Waterford Woods Neighborhood. This beautiful...	4 beds \| 4 baths \| 2,676 sq.ft.	$635,000	Airbnb cash on cash: 0.34% Traditional cash on cash: 2.94% Airbnb Rental Income: $2187 Traditional Rental Income: $3176 Airbnb ROI: 0.34% Traditional ROI: 2.94%
64 Quimby Street NE Grand Rapids, MI FHA/Conventional or Land Contract Available This Beautifully Fully Renovated 4 Bedroom, 1 ...	4 beds \| 1 baths \| 1,356 sq.ft.	$196,000	Airbnb cash on cash: 5.35% Traditional cash on cash: 6.3% Airbnb Rental Income: $2103 Traditional Rental Income: $1739 Airbnb ROI: 5.35% Traditional ROI: 6.3%
443 Dickinson Street SE Grand Rapids, MI Character, charm, and sunlight in all the right places. This 4-bedroom, 1.5 bath home feat...	4 beds \| 2 baths \| 1,360 sq.ft.	$239,900	Airbnb cash on cash: 4.83% Traditional cash on cash: 6.77% Airbnb Rental Income: $2139 Traditional Rental Income: $2033 Airbnb ROI: 4.83% Traditional ROI: 6.77%
335 Bridge Street NW #3200 Grand Rapids, MI Above the city on the 32nd floor of The River House, one of Michigan's tallest residential...	4 beds \| 4 baths \| 4,791 sq.ft.	$3,200,000	Airbnb cash on cash: -2.98% Traditional cash on cash: -1.88% Airbnb Rental Income: $1579 Traditional Rental Income: $4395 Airbnb ROI: -2.98% Traditional ROI: -1.88%
5078 Wild Senna Avenue SE Grand Rapids, MI This well-maintained 3-bedroom, 2-bath home is conveniently located near major highways an...	3 beds \| 2 baths \| 1,487 sq.ft.	$347,000	Airbnb cash on cash: 1.4% Traditional cash on cash: 3.22% Airbnb Rental Income: $2014 Traditional Rental Income: $2083 Airbnb ROI: 1.4% Traditional ROI: 3.22%
1335 Eastern Place NE Grand Rapids, MI NE Grand Rapids, Turnkey, single story home located in the popular Creston neighborhood! J...	3 beds \| 1 baths \| 845 sq.ft.	$229,000	Airbnb cash on cash: 2.55% Traditional cash on cash: 3.9% Airbnb Rental Income: $1677 Traditional Rental Income: $1501 Airbnb ROI: 2.55% Traditional ROI: 3.9%
813 Everglade Drive SE Grand Rapids, MI This updated Alger Heights bungalow is full of charm and move-in-ready appeal! Well mainta...	3 beds \| 1 baths \| 1,345 sq.ft.	$315,000	Airbnb cash on cash: 2.19% Traditional cash on cash: 3.28% Airbnb Rental Income: $1795 Traditional Rental Income: $1630 Airbnb ROI: 2.19% Traditional ROI: 3.28%
600 Broadway Avenue NW #421 Grand Rapids, MI Style, sunsets, skyline views, and city energy! Live elevated at Union Square in downtown ...	1 beds \| 2 baths \| 1,026 sq.ft.	$285,000	Airbnb cash on cash: -0.22% Traditional cash on cash: 3.5% Airbnb Rental Income: $1040 Traditional Rental Income: $1677 Airbnb ROI: -0.22% Traditional ROI: 3.5%
5550 Coit Avenue NE Grand Rapids, MI This 3bedroom home is in the Northview School District. It is also convenient to shopping ...	3 beds \| 2 baths \| 1,512 sq.ft.	$365,000	Airbnb cash on cash: 0.06% Traditional cash on cash: 4.28% Airbnb Rental Income: $1129 Traditional Rental Income: $2199 Airbnb ROI: 0.06% Traditional ROI: 4.28%
907 Merritt Street SE Grand Rapids, MI If you're house hunting in Grand Rapids, this 3 bedroom, 1 bath home in the Alger Heights ...	3 beds \| 1 baths \| 1,300 sq.ft.	$255,000	Airbnb cash on cash: 3.2% Traditional cash on cash: 5.35% Airbnb Rental Income: $1795 Traditional Rental Income: $1824 Airbnb ROI: 3.2% Traditional ROI: 5.35%
1457 N Saxony Drive SE #14 Grand Rapids, MI Spring is here! This two-story 3 bed/2 bath condo in SE Grand Rapids is designed for caref...	3 beds \| 2 baths \| 1,996 sq.ft.	$249,999	Airbnb cash on cash: 4.32% Traditional cash on cash: 8.19% Airbnb Rental Income: $2014 Traditional Rental Income: $2402 Airbnb ROI: 4.32% Traditional ROI: 8.19%
1302 Ford Avenue NE Grand Rapids, MI Nows the time to check out this well maintained Grand Rapids gem! Home features 3 bedrooms...	3 beds \| 2 baths \| 1,188 sq.ft.	$229,900	Airbnb cash on cash: 2.86% Traditional cash on cash: 5.86% Airbnb Rental Income: $1677 Traditional Rental Income: $1861 Airbnb ROI: 2.86% Traditional ROI: 5.86%
1790 Grand Court NE #35 Grand Rapids, MI Welcome home to this beautifully maintained 3-bedroom, 2.5-bath townhome offering approxim...	3 beds \| 3 baths \| 1,530 sq.ft.	$299,900	Airbnb cash on cash: 2.38% Traditional cash on cash: 5.29% Airbnb Rental Income: $1780 Traditional Rental Income: $2115 Airbnb ROI: 2.38% Traditional ROI: 5.29%
1443 Fulton Street E Grand Rapids, MI Charming 4 bedroom 2 bathroom 3 story home perched on a hill. The large kitchen offers but...	4 beds \| 2 baths \| 1,928 sq.ft.	$439,900	Airbnb cash on cash: 3.14% Traditional cash on cash: 3.4% Airbnb Rental Income: $2929 Traditional Rental Income: $2359 Airbnb ROI: 3.14% Traditional ROI: 3.4%
1824 Sherman Street SE Grand Rapids, MI $15k in Buyer concessions toward closing closets, prepaids/points. Perfectly located in Ea...	3 beds \| 3 baths \| 2,404 sq.ft.	$999,900	Airbnb cash on cash: -1.38% Traditional cash on cash: 0.28% Airbnb Rental Income: $1765 Traditional Rental Income: $2831 Airbnb ROI: -1.38% Traditional ROI: 0.28%
347 Spruce Street SE Grand Rapids, MI Welcome to 347 Spruce St SE. A thoughtfully updated home in an unbeatable SE Grand Rapids ...	3 beds \| 3 baths \| 2,000 sq.ft.	$349,900	Airbnb cash on cash: 1.66% Traditional cash on cash: 5.93% Airbnb Rental Income: $1869 Traditional Rental Income: $2773 Airbnb ROI: 1.66% Traditional ROI: 5.93%
3171 Maple Villa Drive SE #1 Grand Rapids, MI Rare 3-bed, 2-bath condo with a 2-stall garage in the Maple Villa community--where most un...	3 beds \| 2 baths \| 1,827 sq.ft.	$264,900	Airbnb cash on cash: 3.25% Traditional cash on cash: 6.71% Airbnb Rental Income: $2014 Traditional Rental Income: $2353 Airbnb ROI: 3.25% Traditional ROI: 6.71%
600 Broadway Avenue NW #203 Grand Rapids, MI Welcome to this inviting 1-bedroom Union Square condo, located right around the corner fro...	1 beds \| 1 baths \| 645 sq.ft.	$225,000	Airbnb cash on cash: 0.23% Traditional cash on cash: 2.74% Airbnb Rental Income: $1025 Traditional Rental Income: $1200 Airbnb ROI: 0.23% Traditional ROI: 2.74%
679 Garfield Avenue NW Grand Rapids, MI Step into this beautifully renovated three-bedroom home located in the heart of Grand Rapi...	3 beds \| 1 baths \| 907 sq.ft.	$268,000	Airbnb cash on cash: 1.65% Traditional cash on cash: 4.13% Airbnb Rental Income: $1487 Traditional Rental Income: $1677 Airbnb ROI: 1.65% Traditional ROI: 4.13%
940 Monroe Avenue NW #338 Grand Rapids, MI Welcome to Boardwalk Condominiums -- where convenience, character, and location come toget...	2 beds \| 1 baths \| 1,062 sq.ft.	$339,999	Airbnb cash on cash: -0.59% Traditional cash on cash: 1.37% Airbnb Rental Income: $1389 Traditional Rental Income: $1595 Airbnb ROI: -0.59% Traditional ROI: 1.37%
4355 Astoria Avenue SE Grand Rapids, MI Welcome to Cobblestone at the Ravines! This beautifully maintained ranch home offers styli...	3 beds \| 3 baths \| 2,416 sq.ft.	$399,800	Airbnb cash on cash: 1.58% Traditional cash on cash: 5.6% Airbnb Rental Income: $2014 Traditional Rental Income: $2996 Airbnb ROI: 1.58% Traditional ROI: 5.6%
335 Bridge Street NW #1005 Grand Rapids, MI Welcome to River House! Amazing new listing offering stunning views of the Grand River and...	2 beds \| 2 baths \| 1,334 sq.ft.	$389,900	Airbnb cash on cash: 0.04% Traditional cash on cash: 2.99% Airbnb Rental Income: $1472 Traditional Rental Income: $2114 Airbnb ROI: 0.04% Traditional ROI: 2.99%
1144 Ellsmere Street NE Grand Rapids, MI Welcome Home to this Beautifully updated 3+ Bedroom, 2 Bath, Ranch Home in the much sought...	3 beds \| 2 baths \| 1,573 sq.ft.	$349,876	Airbnb cash on cash: -0.18% Traditional cash on cash: 4.12% Airbnb Rental Income: $1129 Traditional Rental Income: $2164 Airbnb ROI: -0.18% Traditional ROI: 4.12%
1635 McDonald Street NW Grand Rapids, MI Well-maintained 3-bedroom, 1.5-bath ranch featuring a beautifully renovated kitchen, updat...	3 beds \| 2 baths \| 1,501 sq.ft.	$349,500	Airbnb cash on cash: -0.85% Traditional cash on cash: 4.47% Airbnb Rental Income: $760 Traditional Rental Income: $2189 Airbnb ROI: -0.85% Traditional ROI: 4.47%
940 Monroe Avenue NW #503 Grand Rapids, MI Top-floor living in the highly desirable Boardwalk Condominiums in the heart of downtown G...	2 beds \| 1 baths \| 1,437 sq.ft.	$495,000	Airbnb cash on cash: -0.29% Traditional cash on cash: 0.96% Airbnb Rental Income: $1389 Traditional Rental Income: $1548 Airbnb ROI: -0.29% Traditional ROI: 0.96%
2033 Tall Meadow Street NE #15 Grand Rapids, MI Absolute ideal location! This showstopper Applewood condo is tucked away in a quiet area o...	3 beds \| 3 baths \| 1,771 sq.ft.	$399,900	Airbnb cash on cash: -0.06% Traditional cash on cash: 3.48% Airbnb Rental Income: $1174 Traditional Rental Income: $2115 Airbnb ROI: -0.06% Traditional ROI: 3.48%
4786 Bonnie Avenue SE Grand Rapids, MI Mid-century charm in a classic Kentwood neighborhood. This home has five bedrooms, three u...	5 beds \| 3 baths \| 3,310 sq.ft.	$360,000	Airbnb cash on cash: N/A Traditional cash on cash: 6.12% Airbnb Rental Income: $null Traditional Rental Income: $3351 Airbnb ROI: N/A Traditional ROI: 6.12%
1528 Hamilton Avenue NW Grand Rapids, MI Spacious 4 bedroom, 1 bath home located on the desirable Northwest side, conveniently clos...	4 beds \| 1 baths \| 1,357 sq.ft.	$194,900	Airbnb cash on cash: 5.78% Traditional cash on cash: 6.36% Airbnb Rental Income: $2107 Traditional Rental Income: $1675 Airbnb ROI: 5.78% Traditional ROI: 6.36%
124 Campau Circle NW #1710 Grand Rapids, MI Experience sophisticated downtown living in this gorgeous 17th-floor condo at Plaza Towers...	2 beds \| 3 baths \| 1,289 sq.ft.	$405,000	Airbnb cash on cash: -0.96% Traditional cash on cash: 2.66% Airbnb Rental Income: $1395 Traditional Rental Income: $2347 Airbnb ROI: -0.96% Traditional ROI: 2.66%
2084 Timberview Drive NE Grand Rapids, MI Nestled on a beautiful wooded lot with stunning professional landscaping, this spacious ra...	4 beds \| 3 baths \| 2,657 sq.ft.	$495,000	Airbnb cash on cash: 1.5% Traditional cash on cash: 4.69% Airbnb Rental Income: $2187 Traditional Rental Income: $3107 Airbnb ROI: 1.5% Traditional ROI: 4.69%
600 Broadway Avenue NW #226 Grand Rapids, MI This beautiful and unique 1,747 sq. ft. Union Square three-story condo offers southern exp...	2 beds \| 3 baths \| 1,747 sq.ft.	$400,000	Airbnb cash on cash: -0.17% Traditional cash on cash: 3.98% Airbnb Rental Income: $1389 Traditional Rental Income: $2523 Airbnb ROI: -0.17% Traditional ROI: 3.98%
27 Library Street NE #702 Grand Rapids, MI Step into Unit #702 at the iconic Fitzgerald--where city living meets style and comfort. P...	2 beds \| 2 baths \| 1,124 sq.ft.	$489,900	Airbnb cash on cash: -1.8% Traditional cash on cash: 0% Airbnb Rental Income: $1395 Traditional Rental Income: $1798 Airbnb ROI: -1.8% Traditional ROI: 0%
3721 Cedar Landing Drive SE Grand Rapids, MI Welcome to this recently renovated and well-maintained home in a desirable neighborhood of...	4 beds \| 4 baths \| 1,980 sq.ft.	$415,000	Airbnb cash on cash: -0.35% Traditional cash on cash: 5% Airbnb Rental Income: $1172 Traditional Rental Income: $2869 Airbnb ROI: -0.35% Traditional ROI: 5%
1717 Edgewood Avenue SE Grand Rapids, MI On-Market date is Tuesday, May 12. Thoughtfully updated and move-in ready, this 3-bedroom ...	3 beds \| 2 baths \| 1,676 sq.ft.	$375,000	Airbnb cash on cash: 1.77% Traditional cash on cash: 4.03% Airbnb Rental Income: $1876 Traditional Rental Income: $2171 Airbnb ROI: 1.77% Traditional ROI: 4.03%
1357 Penn Avenue NE Grand Rapids, MI Want the perks of downtown without the congestion? This charming and unexpectedly modern 2...	2 beds \| 2 baths \| 1,311 sq.ft.	$270,000	Airbnb cash on cash: 1.47% Traditional cash on cash: 5.37% Airbnb Rental Income: $1343 Traditional Rental Income: $1923 Airbnb ROI: 1.47% Traditional ROI: 5.37%
2101 Boston Street SE Grand Rapids, MI Rare. Timeless. Move-In Ready. And it comes with a buildable lot.... Eastgate gem! -- 1939...	4 beds \| 3 baths \| 1,776 sq.ft.	$449,900	Airbnb cash on cash: 2.85% Traditional cash on cash: 4.66% Airbnb Rental Income: $2636 Traditional Rental Income: $2772 Airbnb ROI: 2.85% Traditional ROI: 4.66%
2126 Englewood Drive SE Grand Rapids, MI This beautifully updated East Grand Rapids home offers character and charm with modern sop...	3 beds \| 2 baths \| 2,050 sq.ft.	$599,000	Airbnb cash on cash: -0.86% Traditional cash on cash: 1.02% Airbnb Rental Income: $1876 Traditional Rental Income: $2424 Airbnb ROI: -0.86% Traditional ROI: 1.02%

Real Estate investment in Grand-rapids, MI

There are 816 properties for sale in the city of Grand Rapids . The median list price in Grand Rapids is $329,900 and the average price per square foot is $179. In May 2026, the average monthly cash on cash return in Grand Rapids is 4.00%. The average monthly rental income in Grand Rapids is $2,261.

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

There are 816 investment properties available for sale in Grand-rapids.

In 2026, the best neighborhood to buy investment property is Baxter.

The ROI for Long-Term is higher than the Short-Term in Grand-rapids with average rental income of $2,261.

Your search for investment property begins and ends here

Investment Property for Sale in Grand Rapids, MI

3067 Effie Place NE

Grand Rapids, MI

2 beds | 1 baths | 911 sq.ft.

$179,900

Airbnb cash on cash: 2.72%

Traditional cash on cash: 5.08%

Airbnb Rental Income: $1297

Traditional Rental Income: $1296

Airbnb ROI: 2.72%

Traditional ROI: 5.08%

1217 El Camino Drive NW

Grand Rapids, MI

4 beds | 5 baths | 4,689 sq.ft.

$699,900

Airbnb cash on cash: 0.63%

Traditional cash on cash: 6.05%

Airbnb Rental Income: $2358

Traditional Rental Income: $5313

Airbnb ROI: 0.63%

Traditional ROI: 6.05%

600 Broadway Avenue NW #211

Grand Rapids, MI

2 beds | 2 baths | 931 sq.ft.

$294,876

Airbnb cash on cash: 0.63%

Traditional cash on cash: 6.13%

Airbnb Rental Income: $1389

Traditional Rental Income: $2496

Airbnb ROI: 0.63%

Traditional ROI: 6.13%

4706 Sundial Drive NE

Grand Rapids, MI

4 beds | 4 baths | 2,676 sq.ft.

$635,000

Airbnb cash on cash: 0.34%

Traditional cash on cash: 2.94%

Airbnb Rental Income: $2187

Traditional Rental Income: $3176

Airbnb ROI: 0.34%

Traditional ROI: 2.94%

64 Quimby Street NE

Grand Rapids, MI

4 beds | 1 baths | 1,356 sq.ft.

$196,000

Airbnb cash on cash: 5.35%

Traditional cash on cash: 6.3%

Airbnb Rental Income: $2103

Traditional Rental Income: $1739

Airbnb ROI: 5.35%

Traditional ROI: 6.3%

443 Dickinson Street SE

Grand Rapids, MI

4 beds | 2 baths | 1,360 sq.ft.

$239,900

Airbnb cash on cash: 4.83%

Traditional cash on cash: 6.77%

Airbnb Rental Income: $2139

Traditional Rental Income: $2033

Airbnb ROI: 4.83%

Traditional ROI: 6.77%

335 Bridge Street NW #3200

Grand Rapids, MI

4 beds | 4 baths | 4,791 sq.ft.

$3,200,000

Airbnb cash on cash: -2.98%

Traditional cash on cash: -1.88%

Airbnb Rental Income: $1579

Traditional Rental Income: $4395

Airbnb ROI: -2.98%

Traditional ROI: -1.88%

5078 Wild Senna Avenue SE

Grand Rapids, MI

3 beds | 2 baths | 1,487 sq.ft.

$347,000

Airbnb cash on cash: 1.4%

Traditional cash on cash: 3.22%

Airbnb Rental Income: $2014

Traditional Rental Income: $2083

Airbnb ROI: 1.4%