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
600 Monroe Avenue NW unit: 406 #406 Grand Rapids, MI Penthouse Perfection at Monroe Terrace! Experience downtown living at its finest in this s...	3 beds \| 3 baths \| 2,355 sq.ft.	$865,000	Airbnb cash on cash: -1.61% Traditional cash on cash: 0.33% Airbnb Rental Income: $1756 Traditional Rental Income: $2838 Airbnb ROI: -1.61% Traditional ROI: 0.33%
811 Fairmount Street SE Grand Rapids, MI Updated Eastown Home \| Walkable Location 811 Fairmount St SE continues to draw strong atte...	4 beds \| 2 baths \| 2,159 sq.ft.	$369,900	Airbnb cash on cash: 2.31% Traditional cash on cash: 4.64% Airbnb Rental Income: $2114 Traditional Rental Income: $2382 Airbnb ROI: 2.31% Traditional ROI: 4.64%
1009 Adams Street SE Grand Rapids, MI Great starter home with 3 bedrooms, it has a main floor Primary with 2 bedrooms upstairs. ...	3 beds \| 2 baths \| 1,150 sq.ft.	$170,000	Airbnb cash on cash: 4.6% Traditional cash on cash: 9.81% Airbnb Rental Income: $1586 Traditional Rental Income: $1977 Airbnb ROI: 4.6% Traditional ROI: 9.81%
64 Quimby Street NE Grand Rapids, MI Fantastic opportunity for investors or first-time homebuyers! Conveniently located near do...	4 beds \| 1 baths \| 1,356 sq.ft.	$196,000	Airbnb cash on cash: 7.12% Traditional cash on cash: 6.74% Airbnb Rental Income: $2398 Traditional Rental Income: $1739 Airbnb ROI: 7.12% Traditional ROI: 6.74%
607 66th Street SE Grand Rapids, MI Tucked away on a rare 1-acre city lot, this home offers space, privacy, and versatility. T...	3 beds \| N/A baths \| 1,228 sq.ft.	$279,999	Airbnb cash on cash: 0.99% Traditional cash on cash: 5.58% Airbnb Rental Income: $1343 Traditional Rental Income: $2141 Airbnb ROI: 0.99% Traditional ROI: 5.58%
335 Bridge Street NW unit: 3102 #3102 Grand Rapids, MI Set high above the city, this 4,100+ square foot penthouse offers sweeping panoramic skyli...	3 beds \| 3 baths \| 4,135 sq.ft.	$1,949,000	Airbnb cash on cash: -3.53% Traditional cash on cash: -2.41% Airbnb Rental Income: $1900 Traditional Rental Income: $3429 Airbnb ROI: -3.53% Traditional ROI: -2.41%
2313 4 Mile Road NE Grand Rapids, MI Modern comfort meets wooded tranquility. Nestled on a half-acre in Grand Rapids Township, ...	5 beds \| 4 baths \| 2,900 sq.ft.	$599,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.55% Airbnb Rental Income: $null Traditional Rental Income: $3678 Airbnb ROI: N/A Traditional ROI: 4.55%
543 Shirley Street NE Grand Rapids, MI 4 bedroom, 1.5 bath home on the Northeast side is on the market! The main floor has hardwo...	4 beds \| N/A baths \| 1,675 sq.ft.	$249,900	Airbnb cash on cash: 5.59% Traditional cash on cash: 6.18% Airbnb Rental Income: $2594 Traditional Rental Income: $2113 Airbnb ROI: 5.59% Traditional ROI: 6.18%
940 Monroe Avenue NW unit: 206 #206 Grand Rapids, MI Welcome to Boardwalk Condos! This spacious loft offers two large bedroom suites with expos...	2 beds \| 1 baths \| 1,079 sq.ft.	$334,900	Airbnb cash on cash: -1.52% Traditional cash on cash: 0.1% Airbnb Rental Income: $1416 Traditional Rental Income: $1503 Airbnb ROI: -1.52% Traditional ROI: 0.1%
1853 Berkey Avenue SE Grand Rapids, MI This charming 3 Bed, 1.5 Bath bungalow at 1853 Berkey Ave SE expertly blends its historic ...	3 beds \| 2 baths \| 1,090 sq.ft.	$224,900	Airbnb cash on cash: 2.9% Traditional cash on cash: 5.18% Airbnb Rental Income: $1586 Traditional Rental Income: $1619 Airbnb ROI: 2.9% Traditional ROI: 5.18%
1613 Margaret Avenue SE Grand Rapids, MI Welcome home! Step inside to find gorgeous hardwood floors and ceramic tile, offering a sp...	3 beds \| 2 baths \| 1,919 sq.ft.	$305,000	Airbnb cash on cash: 0.16% Traditional cash on cash: 5.27% Airbnb Rental Income: $1161 Traditional Rental Income: $2247 Airbnb ROI: 0.16% Traditional ROI: 5.27%
615 Griggs Street SE Grand Rapids, MI Fall in love with this updated home that perfectly blends comfort and style! Enjoy quiet e...	3 beds \| 1 baths \| 1,225 sq.ft.	$219,900	Airbnb cash on cash: 2.97% Traditional cash on cash: 5.94% Airbnb Rental Income: $1586 Traditional Rental Income: $1752 Airbnb ROI: 2.97% Traditional ROI: 5.94%
811 Ardmore Street SE Grand Rapids, MI Charming 2-bedroom, 1-bath home located at 811 Ardmore SE in Grand Rapids. This delightful...	2 beds \| 1 baths \| 1,356 sq.ft.	$180,000	Airbnb cash on cash: 3.32% Traditional cash on cash: 6.58% Airbnb Rental Income: $1441 Traditional Rental Income: $1569 Airbnb ROI: 3.32% Traditional ROI: 6.58%
1824 Sherman Street SE Grand Rapids, MI Welcome to 1824 Sherman! This beautifully updated home is perfectly located in East Grand ...	3 beds \| 3 baths \| 2,404 sq.ft.	$1,100,000	Airbnb cash on cash: -1.22% Traditional cash on cash: 0.16% Airbnb Rental Income: $1918 Traditional Rental Income: $2831 Airbnb ROI: -1.22% Traditional ROI: 0.16%
145 Baynton Avenue NE Grand Rapids, MI Welcome home to this beautiful Fulton Heights gem featuring charming hardwood floors throu...	3 beds \| N/A baths \| 1,431 sq.ft.	$409,900	Airbnb cash on cash: 1.38% Traditional cash on cash: 2.64% Airbnb Rental Income: $1918 Traditional Rental Income: $1893 Airbnb ROI: 1.38% Traditional ROI: 2.64%
1006 Merritt Street SE Grand Rapids, MI Don't miss this move-in ready home in a highly desirable Grand Rapids neighborhood! Conven...	3 beds \| N/A baths \| 1,753 sq.ft.	$259,900	Airbnb cash on cash: 0.88% Traditional cash on cash: 6.07% Airbnb Rental Income: $1180 Traditional Rental Income: $2067 Airbnb ROI: 0.88% Traditional ROI: 6.07%
809 Everglade Drive SE Grand Rapids, MI Welcome Home! Enjoy the holidays in this charming brick Cape Cod located in Alger Heights ...	4 beds \| 2 baths \| 2,281 sq.ft.	$349,900	Airbnb cash on cash: 3.26% Traditional cash on cash: 5.11% Airbnb Rental Income: $2700 Traditional Rental Income: $2670 Airbnb ROI: 3.26% Traditional ROI: 5.11%
1231 Richwood Drive SE Grand Rapids, MI Welcome home to this charming, move-in ready property with 3 bedrooms and 2 bathrooms, ide...	3 beds \| 2 baths \| 1,632 sq.ft.	$349,900	Airbnb cash on cash: 0.54% Traditional cash on cash: 4.51% Airbnb Rental Income: $1343 Traditional Rental Income: $2234 Airbnb ROI: 0.54% Traditional ROI: 4.51%
2155 Tremont Boulevard NW Grand Rapids, MI Welcome to this beautiful ranch home full of curb appeal! Step inside to a bright and welc...	3 beds \| 2 baths \| 1,875 sq.ft.	$322,500	Airbnb cash on cash: 2.96% Traditional cash on cash: 5.4% Airbnb Rental Income: $2311 Traditional Rental Income: $2478 Airbnb ROI: 2.96% Traditional ROI: 5.4%
5795 Brookfarm Drive SE Grand Rapids, MI Welcome to this beautifully maintained, move-in ready 3-bedroom, 2-bath home perfectly sit...	3 beds \| 2 baths \| 1,528 sq.ft.	$349,900	Airbnb cash on cash: 0.41% Traditional cash on cash: 4.16% Airbnb Rental Income: $1343 Traditional Rental Income: $2162 Airbnb ROI: 0.41% Traditional ROI: 4.16%
940 Monroe Avenue NW unit: 101 #101 Grand Rapids, MI Welcome to a stunning urban oasis in the vibrant heart of downtown Grand Rapids! This meti...	2 beds \| 2 baths \| 1,515 sq.ft.	$549,500	Airbnb cash on cash: -1.81% Traditional cash on cash: 0.51% Airbnb Rental Income: $1416 Traditional Rental Income: $2182 Airbnb ROI: -1.81% Traditional ROI: 0.51%
27 Library Street NE unit: #702 #702 Grand Rapids, MI Step into Unit #702 at the iconic Fitzgerald-where city living meets style and comfort. Pe...	2 beds \| 2 baths \| 1,124 sq.ft.	$489,900	Airbnb cash on cash: -1.84% Traditional cash on cash: 0% Airbnb Rental Income: $1373 Traditional Rental Income: $1798 Airbnb ROI: -1.84% Traditional ROI: 0%
5053 Alyssum Drive SE Grand Rapids, MI Discover your dream home at 5053 Alyssum Dr. SE, nestled in Kentwood's charming Wildflower...	3 beds \| 2 baths \| 1,546 sq.ft.	$355,000	Airbnb cash on cash: 0.01% Traditional cash on cash: 4.03% Airbnb Rental Income: $1343 Traditional Rental Income: $2272 Airbnb ROI: 0.01% Traditional ROI: 4.03%
2984 Chapshire Drive SE unit: 59 #59 Grand Rapids, MI Experience effortless living in the heart of Cascade Township! This 3-bedroom, 2.5-bath co...	3 beds \| 2 baths \| 1,574 sq.ft.	$220,000	Airbnb cash on cash: 0.48% Traditional cash on cash: 6.66% Airbnb Rental Income: $1586 Traditional Rental Income: $2421 Airbnb ROI: 0.48% Traditional ROI: 6.66%
4653 Brookmeadow Drive SE Grand Rapids, MI Welcome to this 4 bedroom 2.5 bathroom home located in Meadowbrook neighborhood of Kentwoo...	4 beds \| 2 baths \| 1,600 sq.ft.	$359,900	Airbnb cash on cash: 3.41% Traditional cash on cash: 4.29% Airbnb Rental Income: $2733 Traditional Rental Income: $2384 Airbnb ROI: 3.41% Traditional ROI: 4.29%
1043 Merrifield Street SE Grand Rapids, MI Charming 2 bedroom, 1 bath ranch home in the desirable Alger Heights neighborhood! This co...	2 beds \| 1 baths \| 747 sq.ft.	$189,900	Airbnb cash on cash: 1.79% Traditional cash on cash: 5.14% Airbnb Rental Income: $1129 Traditional Rental Income: $1357 Airbnb ROI: 1.79% Traditional ROI: 5.14%
310 Sweet Street NE Grand Rapids, MI Welcome to 310 Sweet Street in Grand Rapids! This charming 2-bedroom, 2-bath, bonus room o...	2 beds \| 2 baths \| 1,170 sq.ft.	$285,000	Airbnb cash on cash: 1.88% Traditional cash on cash: 6.37% Airbnb Rental Income: $1416 Traditional Rental Income: $2197 Airbnb ROI: 1.88% Traditional ROI: 6.37%
914 Leonard Street NE Grand Rapids, MI Spacious and beautiful 4-bedroom home on Grand Rapids' northeast side! Just minutes from d...	4 beds \| 1 baths \| 2,173 sq.ft.	$199,999	Airbnb cash on cash: 7.51% Traditional cash on cash: 6.87% Airbnb Rental Income: $2594 Traditional Rental Income: $1852 Airbnb ROI: 7.51% Traditional ROI: 6.87%
1238 Carlton Avenue NE Grand Rapids, MI Welcome to this adorable, recently remodeled home conveniently located nearby Leonard Stre...	2 beds \| 1 baths \| 784 sq.ft.	$244,900	Airbnb cash on cash: 1.74% Traditional cash on cash: 2.77% Airbnb Rental Income: $1444 Traditional Rental Income: $1252 Airbnb ROI: 1.74% Traditional ROI: 2.77%
8214 48TH Street SE Grand Rapids, MI Welcome to 8214 48th Street, Located In The Forest Hills School District! This stunning 5-...	5 beds \| N/A baths \| 2,058 sq.ft.	$599,999	Airbnb cash on cash: N/A Traditional cash on cash: 3.46% Airbnb Rental Income: $null Traditional Rental Income: $3219 Airbnb ROI: N/A Traditional ROI: 3.46%
1753 Preston Avenue NW Grand Rapids, MI Enjoy this darling home located on the NW side! Fresh paint throughout, newer flooring in ...	2 beds \| 1 baths \| 820 sq.ft.	$215,000	Airbnb cash on cash: 2.61% Traditional cash on cash: 4.82% Airbnb Rental Income: $1406 Traditional Rental Income: $1433 Airbnb ROI: 2.61% Traditional ROI: 4.82%
614 Sheldon Avenue SE Grand Rapids, MI Beautiful Dutch Colonial within walking distance to downtown and GR Market and steps outsi...	3 beds \| N/A baths \| 1,378 sq.ft.	$249,000	Airbnb cash on cash: 1.97% Traditional cash on cash: 6.24% Airbnb Rental Income: $1396 Traditional Rental Income: $1979 Airbnb ROI: 1.97% Traditional ROI: 6.24%
1234 Giddings Avenue SE Grand Rapids, MI Charming Tudor style 3-bed, 1.5-bath home near Ottawa Hills! Enjoy beautiful wood floors, ...	3 beds \| 2 baths \| 1,964 sq.ft.	$395,000	Airbnb cash on cash: 1.55% Traditional cash on cash: 4.55% Airbnb Rental Income: $1864 Traditional Rental Income: $2474 Airbnb ROI: 1.55% Traditional ROI: 4.55%
529 Fountain Street NE Grand Rapids, MI This Heritage Hill wonder abounds with stunning historic character, and tastefully integra...	3 beds \| 4 baths \| 3,338 sq.ft.	$799,000	Airbnb cash on cash: -0.82% Traditional cash on cash: 2.5% Airbnb Rental Income: $1575 Traditional Rental Income: $3596 Airbnb ROI: -0.82% Traditional ROI: 2.5%
2863 Burritt Street NW Grand Rapids, MI 2863 Burritt Street NW - a cozy West Grand Rapids charmer offering modern comfort and time...	4 beds \| 2 baths \| 1,632 sq.ft.	$375,000	Airbnb cash on cash: 1.52% Traditional cash on cash: 3.77% Airbnb Rental Income: $1942 Traditional Rental Income: $2219 Airbnb ROI: 1.52% Traditional ROI: 3.77%
1659 Mason Street NE Grand Rapids, MI Charming 3-bedroom ranch in NE Grand Rapids! This home features a bright living room, an e...	3 beds \| 1 baths \| 1,145 sq.ft.	$255,000	Airbnb cash on cash: 2.43% Traditional cash on cash: 4.6% Airbnb Rental Income: $1704 Traditional Rental Income: $1753 Airbnb ROI: 2.43% Traditional ROI: 4.6%
1848 Emerald Avenue NE Grand Rapids, MI Check out this beautifully updated 4 bedroom, 2 bath home on the edge of the desirable Cre...	4 beds \| 2 baths \| 1,586 sq.ft.	$330,000	Airbnb cash on cash: 4.48% Traditional cash on cash: 4.5% Airbnb Rental Income: $3061 Traditional Rental Income: $2370 Airbnb ROI: 4.48% Traditional ROI: 4.5%
1510 Sherman Street SE Grand Rapids, MI OFFER ACCEPTED OPEN HOUSES CANCELLEDMeet 1510 Sherman - your Eastown crush comes to li...	4 beds \| 2 baths \| 1,351 sq.ft.	$300,000	Airbnb cash on cash: 3.41% Traditional cash on cash: 4.49% Airbnb Rental Income: $2286 Traditional Rental Income: $2021 Airbnb ROI: 3.41% Traditional ROI: 4.49%
52 Holly Street SW Grand Rapids, MI Presenting a beautifully maintained home offering 5 bedrooms, 2 bathrooms, a 3-season porc...	5 beds \| 2 baths \| 1,732 sq.ft.	$299,900	Airbnb cash on cash: N/A Traditional cash on cash: 2.91% Airbnb Rental Income: $null Traditional Rental Income: $1789 Airbnb ROI: N/A Traditional ROI: 2.91%
44 Lafayette Avenue NE unit: 6 #6 Grand Rapids, MI Welcome home to this one of a kind condo located in Heritage Hill! This unit has been fini...	2 beds \| 1 baths \| 1,520 sq.ft.	$200,000	Airbnb cash on cash: 0.18% Traditional cash on cash: 2.4% Airbnb Rental Income: $1354 Traditional Rental Income: $1361 Airbnb ROI: 0.18% Traditional ROI: 2.4%

Real Estate investment in Grand-rapids, MI

There are 834 properties for sale in the city of Grand Rapids . The median list price in Grand Rapids is $315,000 and the average price per square foot is $172. In December 2025, the average monthly cash on cash return in Grand Rapids is 5.00%. The average monthly rental income in Grand Rapids is $2,219.

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

There are 834 investment properties available for sale in Grand-rapids.

In 2025, the best neighborhood to buy investment property is Roosevelt Park.

The ROI for Long-Term is higher than the Short-Term in Grand-rapids with average rental income of $2,219.

Your search for investment property begins and ends here

Investment Property for Sale in Grand Rapids, MI

600 Monroe Avenue NW unit: 406 #406

Grand Rapids, MI

3 beds | 3 baths | 2,355 sq.ft.

$865,000

Airbnb cash on cash: -1.61%

Traditional cash on cash: 0.33%

Airbnb Rental Income: $1756

Traditional Rental Income: $2838

Airbnb ROI: -1.61%

Traditional ROI: 0.33%

811 Fairmount Street SE

Grand Rapids, MI

4 beds | 2 baths | 2,159 sq.ft.

$369,900

Airbnb cash on cash: 2.31%

Traditional cash on cash: 4.64%

Airbnb Rental Income: $2114

Traditional Rental Income: $2382

Airbnb ROI: 2.31%

Traditional ROI: 4.64%

1009 Adams Street SE

Grand Rapids, MI

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

$170,000

Airbnb cash on cash: 4.6%

Traditional cash on cash: 9.81%

Airbnb Rental Income: $1586

Traditional Rental Income: $1977

Airbnb ROI: 4.6%

Traditional ROI: 9.81%

64 Quimby Street NE

Grand Rapids, MI

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

$196,000

Airbnb cash on cash: 7.12%

Traditional cash on cash: 6.74%

Airbnb Rental Income: $2398

Traditional Rental Income: $1739

Airbnb ROI: 7.12%

Traditional ROI: 6.74%

607 66th Street SE

Grand Rapids, MI

3 beds | N/A baths | 1,228 sq.ft.

$279,999

Airbnb cash on cash: 0.99%

Traditional cash on cash: 5.58%

Airbnb Rental Income: $1343

Traditional Rental Income: $2141

Airbnb ROI: 0.99%

Traditional ROI: 5.58%

335 Bridge Street NW unit: 3102 #3102

Grand Rapids, MI

3 beds | 3 baths | 4,135 sq.ft.

$1,949,000

Airbnb cash on cash: -3.53%

Traditional cash on cash: -2.41%

Airbnb Rental Income: $1900

Traditional Rental Income: $3429

Airbnb ROI: -3.53%

Traditional ROI: -2.41%

2313 4 Mile Road NE

Grand Rapids, MI

5 beds | 4 baths | 2,900 sq.ft.

$599,000

Airbnb cash on cash: N/A

Traditional cash on cash: 4.55%

Airbnb Rental Income: $null

Traditional Rental Income: $3678

Airbnb ROI: N/A

Traditional ROI: 4.55%

543 Shirley Street NE

Grand Rapids, MI

4 beds | N/A baths | 1,675 sq.ft.

$249,900

Airbnb cash on cash: 5.59%

Traditional cash on cash: 6.18%

Airbnb Rental Income: $2594

Traditional Rental Income: $2113

Airbnb ROI: 5.59%