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
1661 Herrick Avenue NE Grand Rapids, MI Set on a quiet, tree lined street, this charming 3 bed, 1 bath ranch offers easy one level...	3 beds \| 1 baths \| 1,088 sq.ft.	$279,000	Airbnb cash on cash: -0.99% Traditional cash on cash: 5.57% Airbnb Rental Income: $694 Traditional Rental Income: $2115 Airbnb ROI: -0.99% Traditional ROI: 5.57%
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.	$719,900	Airbnb cash on cash: -0.12% Traditional cash on cash: 5.85% Airbnb Rental Income: $1791 Traditional Rental Income: $5313 Airbnb ROI: -0.12% Traditional ROI: 5.85%
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.	$675,000	Airbnb cash on cash: -0.46% Traditional cash on cash: 5.29% Airbnb Rental Income: $1644 Traditional Rental Income: $4800 Airbnb ROI: -0.46% Traditional ROI: 5.29%
17 Vandine Place NE Grand Rapids, MI Can't beat this downtown location near the Fulton Street Farmers Market, Madcap Coffee & M...	3 beds \| 1 baths \| 1,089 sq.ft.	$225,000	Airbnb cash on cash: 1.13% Traditional cash on cash: 4.32% Airbnb Rental Income: $1168 Traditional Rental Income: $1463 Airbnb ROI: 1.13% Traditional ROI: 4.32%
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 \| 2 baths \| 1,675 sq.ft.	$235,000	Airbnb cash on cash: 2.87% Traditional cash on cash: 6.63% Airbnb Rental Income: $1760 Traditional Rental Income: $2113 Airbnb ROI: 2.87% Traditional ROI: 6.63%
2451 Mildred Avenue SE Grand Rapids, MI Welcome to this beautifully maintained Alger Heights home offering a flexible layout and m...	4 beds \| 3 baths \| 2,318 sq.ft.	$369,000	Airbnb cash on cash: -0.71% Traditional cash on cash: 6% Airbnb Rental Income: $830 Traditional Rental Income: $2827 Airbnb ROI: -0.71% Traditional ROI: 6%
1829 Lonsdale Drive NE Grand Rapids, MI Welcome to 1829 Lonsdale Drive NE, a charming two-story home offering classic character an...	3 beds \| 2 baths \| 1,400 sq.ft.	$399,900	Airbnb cash on cash: -0.09% Traditional cash on cash: 3.45% Airbnb Rental Income: $1233 Traditional Rental Income: $2167 Airbnb ROI: -0.09% Traditional ROI: 3.45%
2649 Dean Lake Avenue NE Grand Rapids, MI Within the highly sought-after Forest Hills Schools district, this 3 bed, 3.5 bath home is...	3 beds \| 4 baths \| 1,280 sq.ft.	$499,000	Airbnb cash on cash: -1.27% Traditional cash on cash: 2.52% Airbnb Rental Income: $748 Traditional Rental Income: $2203 Airbnb ROI: -1.27% Traditional ROI: 2.52%
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.	$1,019,900	Airbnb cash on cash: -1.92% Traditional cash on cash: 0.26% Airbnb Rental Income: $1144 Traditional Rental Income: $2831 Airbnb ROI: -1.92% Traditional ROI: 0.26%
2175 Audley Drive NE Grand Rapids, MI Welcome home to 2175 Audley! Located in the desirable Northview area just minutes from Pla...	4 beds \| 2 baths \| 1,521 sq.ft.	$365,000	Airbnb cash on cash: 1.26% Traditional cash on cash: 4.92% Airbnb Rental Income: $1644 Traditional Rental Income: $2435 Airbnb ROI: 1.26% Traditional ROI: 4.92%
5812 Blaine Avenue SE Grand Rapids, MI This light-filled three bedroom home sits in the heart of Kentwood, offering a functional ...	3 beds \| 2 baths \| 1,540 sq.ft.	$340,000	Airbnb cash on cash: -0.35% Traditional cash on cash: 3.32% Airbnb Rental Income: $1260 Traditional Rental Income: $2036 Airbnb ROI: -0.35% Traditional ROI: 3.32%
609 Westway Drive NW Grand Rapids, MI OPEN HOUSE CANCELED- any offers received will be reviewed on Monday, 3/9 at 9 am. The clas...	3 beds \| 2 baths \| 2,168 sq.ft.	$345,000	Airbnb cash on cash: -1.47% Traditional cash on cash: 5.79% Airbnb Rental Income: $483 Traditional Rental Income: $2569 Airbnb ROI: -1.47% Traditional ROI: 5.79%
1811 Fremont Avenue NW Grand Rapids, MI Recently renovated 3-bedroom home located in a convenient neighborhood within walking dist...	3 beds \| 1 baths \| 1,573 sq.ft.	$279,900	Airbnb cash on cash: -1.09% Traditional cash on cash: 1.56% Airbnb Rental Income: $626 Traditional Rental Income: $1032 Airbnb ROI: -1.09% Traditional ROI: 1.56%
1119 Ottillia Street SE Grand Rapids, MI Welcome to 1119 Ottillia! Offering an excellent opportunity in one of Grand Rapids' growin...	3 beds \| 2 baths \| 1,038 sq.ft.	$294,900	Airbnb cash on cash: 0.18% Traditional cash on cash: 3.81% Airbnb Rental Income: $1058 Traditional Rental Income: $1701 Airbnb ROI: 0.18% Traditional ROI: 3.81%
809 Everglade Drive SE Grand Rapids, MI THNIK SPRING! Charming brick Cape Cod located in Alger Heights a most sought after neighbo...	4 beds \| 2 baths \| 2,281 sq.ft.	$324,000	Airbnb cash on cash: -1.53% Traditional cash on cash: 5.59% Airbnb Rental Income: $830 Traditional Rental Income: $2670 Airbnb ROI: -1.53% Traditional ROI: 5.59%
547 72nd Street SE Grand Rapids, MI An absolute stunner of a home in Kentwood schools with 4 bedrooms & 2.5 baths. Completely ...	4 beds \| 2 baths \| 2,198 sq.ft.	$389,900	Airbnb cash on cash: -0.94% Traditional cash on cash: 4.87% Airbnb Rental Income: $830 Traditional Rental Income: $2628 Airbnb ROI: -0.94% Traditional ROI: 4.87%
1728 Lenora Terrace NW Grand Rapids, MI Welcome to 1728 Lenora Terrace NW! This move-in ready home is tucked on a quiet cul-de-sac...	3 beds \| 2 baths \| 1,836 sq.ft.	$364,900	Airbnb cash on cash: -1.89% Traditional cash on cash: 4.45% Airbnb Rental Income: $427 Traditional Rental Income: $2337 Airbnb ROI: -1.89% Traditional ROI: 4.45%
1226 Mason Street NE Grand Rapids, MI Move-in ready home on the desirable Northeast side, just minutes from Downtown Grand Rapid...	2 beds \| 1 baths \| 686 sq.ft.	$239,999	Airbnb cash on cash: 0.19% Traditional cash on cash: 5.04% Airbnb Rental Income: $921 Traditional Rental Income: $1677 Airbnb ROI: 0.19% Traditional ROI: 5.04%
27 Library Street NE unit: #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: -2.38% Traditional cash on cash: 0% Airbnb Rental Income: $1072 Traditional Rental Income: $1798 Airbnb ROI: -2.38% Traditional ROI: 0%
245 Bona Vista Drive NW unit: 20 Grand Rapids, MI Great value in exchange for a few fixes! This condo is rare with the nice wooded backdrop!...	3 beds \| 2 baths \| 1,686 sq.ft.	$199,900	Airbnb cash on cash: -2.32% Traditional cash on cash: 8.24% Airbnb Rental Income: $427 Traditional Rental Income: $2170 Airbnb ROI: -2.32% Traditional ROI: 8.24%
1115 Adams Street SE Grand Rapids, MI Many major updates are completed + flexible living space in the heart of Boston Square. We...	3 beds \| 1 baths \| 1,235 sq.ft.	$260,000	Airbnb cash on cash: 1.02% Traditional cash on cash: 4.74% Airbnb Rental Income: $1168 Traditional Rental Income: $1698 Airbnb ROI: 1.02% Traditional ROI: 4.74%
949 Lake Michigan Drive NW Grand Rapids, MI Offer accepted before broadcast.This charming and thoughtfully updated home offers an exce...	4 beds \| 3 baths \| 2,335 sq.ft.	$299,900	Airbnb cash on cash: 1.5% Traditional cash on cash: 4.9% Airbnb Rental Income: $1623 Traditional Rental Income: $2125 Airbnb ROI: 1.5% Traditional ROI: 4.9%
1160 60th Street SE Grand Rapids, MI Estate property sold as is. Calling all investors...needs some cosmetics.and some cosmetic...	3 beds \| 2 baths \| 1,459 sq.ft.	$224,900	Airbnb cash on cash: 1.45% Traditional cash on cash: 7.35% Airbnb Rental Income: $1260 Traditional Rental Income: $2116 Airbnb ROI: 1.45% Traditional ROI: 7.35%
2687 Dunnigan Avenue NE Grand Rapids, MI This inviting 4 bedroom, 2.5 bath home offers plenty of space, modern updates, and an attr...	4 beds \| 3 baths \| 1,630 sq.ft.	$429,900	Airbnb cash on cash: 0.53% Traditional cash on cash: 4.32% Airbnb Rental Income: $1391 Traditional Rental Income: $2496 Airbnb ROI: 0.53% Traditional ROI: 4.32%
914 Leonard Street NE Grand Rapids, MI Welcome to 914 Leonard St NE in the heart of Grand Rapids! This freshly remodeled 4 bedroo...	4 beds \| 1 baths \| 1,945 sq.ft.	$269,900	Airbnb cash on cash: 2.59% Traditional cash on cash: 4.85% Airbnb Rental Income: $1760 Traditional Rental Income: $1852 Airbnb ROI: 2.59% Traditional ROI: 4.85%
2514 Hall Street SE Grand Rapids, MI Welcome to 2514 Hall. Located in one of East Grand Rapids' most walkable neighborhoods, th...	4 beds \| 3 baths \| 3,635 sq.ft.	$1,095,000	Airbnb cash on cash: -1.6% Traditional cash on cash: -0.81% Airbnb Rental Income: $1964 Traditional Rental Income: $2249 Airbnb ROI: -1.6% Traditional ROI: -0.81%
3121 WILFRED Avenue NE Grand Rapids, MI Forest Hills Schools! Welcome home to this beautifully updated property in the highly soug...	3 beds \| 1 baths \| 1,176 sq.ft.	$289,900	Airbnb cash on cash: -1.08% Traditional cash on cash: 5.4% Airbnb Rental Income: $748 Traditional Rental Income: $2203 Airbnb ROI: -1.08% Traditional ROI: 5.4%
614 Sheldon Avenue SE Grand Rapids, MI Beautiful Dutch Colonial within walking distance to downtown and GR Market and steps outsi...	3 beds \| 2 baths \| 1,378 sq.ft.	$229,000	Airbnb cash on cash: 0.84% Traditional cash on cash: 6.86% Airbnb Rental Income: $1037 Traditional Rental Income: $1979 Airbnb ROI: 0.84% Traditional ROI: 6.86%
1906 Cornelius Avenue SE Grand Rapids, MI OPEN 2-4 SUN 2/22 Welcome home to this charming 4 bedroom, 2.5 bath beauty with just over ...	4 beds \| 2 baths \| 1,817 sq.ft.	$289,900	Airbnb cash on cash: -2.55% Traditional cash on cash: 6.52% Airbnb Rental Income: $227 Traditional Rental Income: $2477 Airbnb ROI: -2.55% Traditional ROI: 6.52%
529 Fountain Street NE Grand Rapids, MI Welcome to timeless elegance in the heart of Heritage Hill, where historic charm meets mod...	3 beds \| 4 baths \| 3,338 sq.ft.	$799,900	Airbnb cash on cash: -1.28% Traditional cash on cash: 2.49% Airbnb Rental Income: $1168 Traditional Rental Income: $3596 Airbnb ROI: -1.28% Traditional ROI: 2.49%
318 Hogadone Avenue SW Grand Rapids, MI Looking for an affordable move-in ready home or a solid rental investment? This one checks...	3 beds \| 1 baths \| 1,428 sq.ft.	$230,000	Airbnb cash on cash: -0.42% Traditional cash on cash: 6.48% Airbnb Rental Income: $651 Traditional Rental Income: $1855 Airbnb ROI: -0.42% Traditional ROI: 6.48%
1736 Martin Avenue SE Grand Rapids, MI Check this out soon! Beautiful home on a quiet street - move in ready with immediate posse...	3 beds \| 2 baths \| 1,416 sq.ft.	$269,000	Airbnb cash on cash: 1.23% Traditional cash on cash: 5.82% Airbnb Rental Income: $1306 Traditional Rental Income: $2063 Airbnb ROI: 1.23% Traditional ROI: 5.82%
317 Quimby Street NE Grand Rapids, MI Welcome Home! You will fall in love with this newer home in the desirable Creston neighbor...	4 beds \| 2 baths \| 1,728 sq.ft.	$365,000	Airbnb cash on cash: 0.66% Traditional cash on cash: 4.62% Airbnb Rental Income: $1474 Traditional Rental Income: $2396 Airbnb ROI: 0.66% Traditional ROI: 4.62%
2154 Globe Street NE Grand Rapids, MI Located in the desirable Michigan Oaks neighborhood, this exceptionally maintained home of...	4 beds \| 4 baths \| 2,748 sq.ft.	$499,000	Airbnb cash on cash: -0.13% Traditional cash on cash: 5.33% Airbnb Rental Income: $1439 Traditional Rental Income: $3559 Airbnb ROI: -0.13% Traditional ROI: 5.33%
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.	$294,900	Airbnb cash on cash: N/A Traditional cash on cash: 2.97% Airbnb Rental Income: $null Traditional Rental Income: $1789 Airbnb ROI: N/A Traditional ROI: 2.97%
44 Lafayette Avenue NE unit: 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: -1.46% Traditional cash on cash: 2.4% Airbnb Rental Income: $980 Traditional Rental Income: $1361 Airbnb ROI: -1.46% Traditional ROI: 2.4%
2420 Hylane Court NE Grand Rapids, MI OPEN HOUSE CLOSED DUE TO WEATHER. Welcome to your private lakeside retreat in the sought-a...	3 beds \| 3 baths \| 3,209 sq.ft.	$857,000	Airbnb cash on cash: -1.05% Traditional cash on cash: 1.8% Airbnb Rental Income: $1134 Traditional Rental Income: $3030 Airbnb ROI: -1.05% Traditional ROI: 1.8%
1330 Woodland Avenue NW Grand Rapids, MI Offers received, calling for highest & best offers by 6:00 pm - Saturday 2/28. This stunni...	3 beds \| 1 baths \| 1,120 sq.ft.	$319,000	Airbnb cash on cash: -1.52% Traditional cash on cash: 3.33% Airbnb Rental Income: $483 Traditional Rental Income: $1669 Airbnb ROI: -1.52% Traditional ROI: 3.33%
1733 Paris Avenue SE Grand Rapids, MI This fully renovated century home blends original solid craftsmanship with modern must-hav...	3 beds \| 2 baths \| 1,561 sq.ft.	$295,000	Airbnb cash on cash: 0.68% Traditional cash on cash: 5.28% Airbnb Rental Income: $1168 Traditional Rental Income: $2063 Airbnb ROI: 0.68% Traditional ROI: 5.28%
1342 Mason Street NE Grand Rapids, MI Welcome to 1342 Mason Conveniently located in close proximity to multiple expressways and ...	2 beds \| 1 baths \| 942 sq.ft.	$259,900	Airbnb cash on cash: 0.23% Traditional cash on cash: 3.97% Airbnb Rental Income: $921 Traditional Rental Income: $1495 Airbnb ROI: 0.23% Traditional ROI: 3.97%

Real Estate investment in Grand-rapids, MI

There are 599 properties for sale in the city of Grand Rapids . The median list price in Grand Rapids is $325,000 and the average price per square foot is $179. In April 2026, the average monthly cash on cash return in Grand Rapids is 4.00%. The average monthly rental income in Grand Rapids is $2,168.

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

There are 599 investment properties available for sale in Grand-rapids.

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

The ROI for Short-Term is higher than the Long-Term in Grand-rapids with average rental income of $1,009.

Your search for investment property begins and ends here

Investment Property for Sale in Grand Rapids, MI

1661 Herrick Avenue NE

Grand Rapids, MI

3 beds | 1 baths | 1,088 sq.ft.

$279,000

Airbnb cash on cash: -0.99%

Traditional cash on cash: 5.57%

Airbnb Rental Income: $694

Traditional Rental Income: $2115

Airbnb ROI: -0.99%

Traditional ROI: 5.57%

1217 El Camino Drive NW

Grand Rapids, MI

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

$719,900

Airbnb cash on cash: -0.12%

Traditional cash on cash: 5.85%

Airbnb Rental Income: $1791

Traditional Rental Income: $5313

Airbnb ROI: -0.12%

Traditional ROI: 5.85%

4706 Sundial Drive NE

Grand Rapids, MI

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

$675,000

Airbnb cash on cash: -0.46%

Traditional cash on cash: 5.29%

Airbnb Rental Income: $1644

Traditional Rental Income: $4800

Airbnb ROI: -0.46%

Traditional ROI: 5.29%

17 Vandine Place NE

Grand Rapids, MI

3 beds | 1 baths | 1,089 sq.ft.

$225,000

Airbnb cash on cash: 1.13%

Traditional cash on cash: 4.32%

Airbnb Rental Income: $1168

Traditional Rental Income: $1463

Airbnb ROI: 1.13%

Traditional ROI: 4.32%

543 Shirley Street NE

Grand Rapids, MI

4 beds | 2 baths | 1,675 sq.ft.

$235,000

Airbnb cash on cash: 2.87%

Traditional cash on cash: 6.63%

Airbnb Rental Income: $1760

Traditional Rental Income: $2113

Airbnb ROI: 2.87%

Traditional ROI: 6.63%

2451 Mildred Avenue SE

Grand Rapids, MI

4 beds | 3 baths | 2,318 sq.ft.

$369,000

Airbnb cash on cash: -0.71%

Traditional cash on cash: 6%

Airbnb Rental Income: $830

Traditional Rental Income: $2827

Airbnb ROI: -0.71%

Traditional ROI: 6%

1829 Lonsdale Drive NE

Grand Rapids, MI

3 beds | 2 baths | 1,400 sq.ft.

$399,900

Airbnb cash on cash: -0.09%

Traditional cash on cash: 3.45%

Airbnb Rental Income: $1233

Traditional Rental Income: $2167

Airbnb ROI: -0.09%

Traditional ROI: 3.45%

2649 Dean Lake Avenue NE

Grand Rapids, MI

3 beds | 4 baths | 1,280 sq.ft.

$499,000

Airbnb cash on cash: -1.27%

Traditional cash on cash: 2.52%

Airbnb Rental Income: $748

Traditional Rental Income: $2203

Airbnb ROI: -1.27%