Real Estate Investment Properties for Sale in Hillsdale, MI

Looking for investment property in Hillsdale, MI with high ROI ?

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

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
54 GOODRICH AVE Hillsdale, MI Invest with success and buy through Auction.com. This bank-owned investment property is a ...	2 beds \| 1 baths \| 744 sq.ft.	$105,000	Airbnb cash on cash: 8.92% Traditional cash on cash: 8.88% Airbnb Rental Income: $1642 Traditional Rental Income: $1176 Airbnb ROI: 8.92% Traditional ROI: 8.88%
1140 Lochaven Circle #10B Hillsdale, MI This unit is now complete and move in ready! It sits on a crawl space and has a screened i...	2 beds \| 2 baths \| 1,768 sq.ft.	$474,900	Airbnb cash on cash: -0.92% Traditional cash on cash: 3.35% Airbnb Rental Income: $1642 Traditional Rental Income: $3074 Airbnb ROI: -0.92% Traditional ROI: 3.35%
246 Glei Court Hillsdale, MI Welcome to this inviting 4 bed, 3 full bath condominium in the Hillsdale Commons neighborh...	4 beds \| 3 baths \| 3,050 sq.ft.	$349,900	Airbnb cash on cash: 2.84% Traditional cash on cash: 5.78% Airbnb Rental Income: $3036 Traditional Rental Income: $3309 Airbnb ROI: 2.84% Traditional ROI: 5.78%
237 Glei Court Hillsdale, MI Look at this beauty, so warm and inviting! Approx 1650 sq ft on the main floor, condo #12 ...	2 beds \| 2 baths \| 1,650 sq.ft.	$299,900	Airbnb cash on cash: -1.59% Traditional cash on cash: 4.02% Airbnb Rental Income: $1642 Traditional Rental Income: $2764 Airbnb ROI: -1.59% Traditional ROI: 4.02%
4300 W BACON Road Hillsdale, MI Stunning lake views throughout the home. This lakefront brick Ranch is designed to capture...	4 beds \| 3 baths \| 3,348 sq.ft.	$550,000	Airbnb cash on cash: 2.64% Traditional cash on cash: 4.06% Airbnb Rental Income: $3036 Traditional Rental Income: $3071 Airbnb ROI: 2.64% Traditional ROI: 4.06%
58 Salem Street Hillsdale, MI If you're looking for a property near the Hillsdale College campus that is move in ready, ...	2 beds \| 2 baths \| 896 sq.ft.	$247,000	Airbnb cash on cash: 3.1% Traditional cash on cash: 4.25% Airbnb Rental Income: $1642 Traditional Rental Income: $1447 Airbnb ROI: 3.1% Traditional ROI: 4.25%
4794 Keith Road Hillsdale, MI IMMEDIATE POSSESSION !!! Motivated Sellers. Newer constructed home with luxurious features...	3 beds \| 4 baths \| 2,736 sq.ft.	$588,500	Airbnb cash on cash: 0.36% Traditional cash on cash: 4.05% Airbnb Rental Income: $1682 Traditional Rental Income: $3244 Airbnb ROI: 0.36% Traditional ROI: 4.05%
233 Auseon Court Hillsdale, MI Looking for Luxury Condo living without the Luxury Price tag? Hillsdale Commons could be y...	3 beds \| 3 baths \| 3,250 sq.ft.	$419,900	Airbnb cash on cash: 0.59% Traditional cash on cash: 5.15% Airbnb Rental Income: $1682 Traditional Rental Income: $3007 Airbnb ROI: 0.59% Traditional ROI: 5.15%
235 Auseon Court Hillsdale, MI BRAND NEW CONDO in a fantastic spot in the Hillsdale Commons neighborhood. Unit #19 is one...	3 beds \| 3 baths \| 3,250 sq.ft.	$399,900	Airbnb cash on cash: 0.67% Traditional cash on cash: 5.45% Airbnb Rental Income: $1682 Traditional Rental Income: $3007 Airbnb ROI: 0.67% Traditional ROI: 5.45%
3553 Alpine Court Hillsdale, MI Welcome to this stunning lake access home on beautiful Lake Wilson! Featuring 5 bedrooms &...	5 beds \| 3 baths \| 1,814 sq.ft.	$579,500	Airbnb cash on cash: N/A Traditional cash on cash: 4.67% Airbnb Rental Income: $null Traditional Rental Income: $3367 Airbnb ROI: N/A Traditional ROI: 4.67%
104 Mcclellan Street Hillsdale, MI RARE 9-acre development opportunity located within the City of Hillsdale, bordering Hillsd...	3 beds \| 2 baths \| 1,734 sq.ft.	$599,000	Airbnb cash on cash: 0.78% Traditional cash on cash: 2.56% Airbnb Rental Income: $1682 Traditional Rental Income: $2207 Airbnb ROI: 0.78% Traditional ROI: 2.56%
245 Auseon Court Hillsdale, MI Looking for Luxury Condo living without the Luxury Price tag? Hillsdale Commons could be y...	3 beds \| 3 baths \| 3,250 sq.ft.	$375,000	Airbnb cash on cash: 0.77% Traditional cash on cash: 6.18% Airbnb Rental Income: $1682 Traditional Rental Income: $3115 Airbnb ROI: 0.77% Traditional ROI: 6.18%
243 Auseon Court Hillsdale, MI Looking for Luxury Condo living without the Luxury Price tag? Hillsdale Commons could be y...	3 beds \| 3 baths \| 3,250 sq.ft.	$375,000	Airbnb cash on cash: 0.77% Traditional cash on cash: 6.18% Airbnb Rental Income: $1682 Traditional Rental Income: $3115 Airbnb ROI: 0.77% Traditional ROI: 6.18%
1520 Lamphere Street Hillsdale, MI Spacious quad-level in Hillsdale Township, just blocks from the city! The main level featu...	5 beds \| 3 baths \| 3,120 sq.ft.	$399,900	Airbnb cash on cash: N/A Traditional cash on cash: 7.4% Airbnb Rental Income: $null Traditional Rental Income: $3453 Airbnb ROI: N/A Traditional ROI: 7.4%
1160 Lochaven Circle Hillsdale, MI One of Hillsdale's most sought after Condominium communities , when you drive in it says '...	2 beds \| 2 baths \| 1,768 sq.ft.	$499,000	Airbnb cash on cash: 0.49% Traditional cash on cash: 4.49% Airbnb Rental Income: $1642 Traditional Rental Income: $3044 Airbnb ROI: 0.49% Traditional ROI: 4.49%
4048 Bankers Road Hillsdale, MI This building is quite a unique property. There is a finished 1000sf home/apartment to liv...	3 beds \| 1 baths \| 1,004 sq.ft.	$149,900	Airbnb cash on cash: 6.25% Traditional cash on cash: 9.07% Airbnb Rental Income: $1682 Traditional Rental Income: $1617 Airbnb ROI: 6.25% Traditional ROI: 9.07%
5640 S Hillsdale Rd Hillsdale, MI Property is available for online auction only. See RealtyBid website for property, auction...	3 beds \| 2 baths \| 1,804 sq.ft.	$197,593	Airbnb cash on cash: 3.78% Traditional cash on cash: 9.89% Airbnb Rental Income: $1682 Traditional Rental Income: $2360 Airbnb ROI: 3.78% Traditional ROI: 9.89%
2249 E Montgomery Road Hillsdale, MI MOTIVATED SELLER! This completely rebuilt from the studs in 2025, this 3BR, 1BA, two-story...	3 beds \| 1 baths \| 1,424 sq.ft.	$166,400	Airbnb cash on cash: 5.61% Traditional cash on cash: 5.77% Airbnb Rental Income: $1682 Traditional Rental Income: $1238 Airbnb ROI: 5.61% Traditional ROI: 5.77%
34 Oak Street Hillsdale, MI Walking distance to Hillsdale College, and sitting just off the bike path for a fun ride, ...	4 beds \| 3 baths \| 1,832 sq.ft.	$209,900	Airbnb cash on cash: 7.78% Traditional cash on cash: 6.31% Airbnb Rental Income: $3036 Traditional Rental Income: $2048 Airbnb ROI: 7.78% Traditional ROI: 6.31%
25 Hillsdale Commons Drive Hillsdale, MI OPEN HOUSE SATURDAY 3/28/26 FROM 12PM TO 3PM. Custom-built condo just 6 years ago, this op...	3 beds \| 3 baths \| 3,200 sq.ft.	$339,000	Airbnb cash on cash: -0.2% Traditional cash on cash: 4.38% Airbnb Rental Income: $1682 Traditional Rental Income: $2674 Airbnb ROI: -0.2% Traditional ROI: 4.38%
65 S Howell Street Hillsdale, MI This beautifully preserved Victorian residence blends historic character with thoughtful m...	4 beds \| 3 baths \| 3,005 sq.ft.	$350,000	Airbnb cash on cash: 5.09% Traditional cash on cash: 5.14% Airbnb Rental Income: $3036 Traditional Rental Income: $2360 Airbnb ROI: 5.09% Traditional ROI: 5.14%
4680 Fitzpatrick Rd Hillsdale, MI 4680 Fitzpatrick Rd, Hillsdale, MI 49242 \| Single Family Residential	6 beds \| 2 baths \| 2,696 sq.ft.	$1,175,000	Airbnb cash on cash: N/A Traditional cash on cash: -0.48% Airbnb Rental Income: $null Traditional Rental Income: $2336 Airbnb ROI: N/A Traditional ROI: -0.48%
3671 Wildwood Court Hillsdale, MI Welcome to this 3-bedroom, 2.5-bath ranch located on all-sports Lake Wilson. Situated on f...	3 beds \| 3 baths \| 1,792 sq.ft.	$500,000	Airbnb cash on cash: 0.83% Traditional cash on cash: 2.63% Airbnb Rental Income: $1682 Traditional Rental Income: $2054 Airbnb ROI: 0.83% Traditional ROI: 2.63%
110 Hillsdale Street Hillsdale, MI 4 bedroom + bonus attic flex room, 1 bath, 1 car garage and move in ready. Renovations and...	4 beds \| 1 baths \| 1,750 sq.ft.	$215,000	Airbnb cash on cash: 8.86% Traditional cash on cash: 6.1% Airbnb Rental Income: $3036 Traditional Rental Income: $1779 Airbnb ROI: 8.86% Traditional ROI: 6.1%
135 Budlong Street Hillsdale, MI This Victorian classic blends timeless character with modern peace of mind. Every inch of ...	4 beds \| 3 baths \| 1,972 sq.ft.	$349,900	Airbnb cash on cash: 5.18% Traditional cash on cash: 6.69% Airbnb Rental Income: $3036 Traditional Rental Income: $2838 Airbnb ROI: 5.18% Traditional ROI: 6.69%
1132 Lochaven Circle Hillsdale, MI One of Hillsdale's most sought after Condominium communities , when you drive in it says '...	3 beds \| 3 baths \| 4,604 sq.ft.	$695,500	Airbnb cash on cash: -0.8% Traditional cash on cash: 1.81% Airbnb Rental Income: $1682 Traditional Rental Income: $2905 Airbnb ROI: -0.8% Traditional ROI: 1.81%
238 Glei Court Hillsdale, MI Custom-built just four years ago, this beautifully designed open-concept condo offers the ...	3 beds \| 3 baths \| 3,250 sq.ft.	$385,000	Airbnb cash on cash: 1.18% Traditional cash on cash: 6.41% Airbnb Rental Income: $1682 Traditional Rental Income: $3099 Airbnb ROI: 1.18% Traditional ROI: 6.41%
79 Budlong Street Hillsdale, MI Classic charm with a front-row seat to the fireworks. This well-maintained 3-bedroom, 1.5-...	3 beds \| 2 baths \| 1,634 sq.ft.	$249,900	Airbnb cash on cash: 3.18% Traditional cash on cash: 7.51% Airbnb Rental Income: $1682 Traditional Rental Income: $2235 Airbnb ROI: 3.18% Traditional ROI: 7.51%
1841 N Bunn Road Hillsdale, MI A uniquely self-sufficient cabin with 6.48 acres, featuring a stocked pond with aerator, o...	1 beds \| 1 baths \| 776 sq.ft.	$329,900	Airbnb cash on cash: -0.7% Traditional cash on cash: 3.46% Airbnb Rental Income: $583 Traditional Rental Income: $1586 Airbnb ROI: -0.7% Traditional ROI: 3.46%
91 Union Street Hillsdale, MI Walking distance to the campus of Hillsdale College and custom built in 2022! Quality cons...	5 beds \| 6 baths \| 2,240 sq.ft.	$439,900	Airbnb cash on cash: N/A Traditional cash on cash: 9.16% Airbnb Rental Income: $null Traditional Rental Income: $5043 Airbnb ROI: N/A Traditional ROI: 9.16%
3500 Journeys End Drive Hillsdale, MI WOW! If you're looking for total package property, look no further. Lakefront on all sport...	5 beds \| 3 baths \| 4,960 sq.ft.	$899,900	Airbnb cash on cash: N/A Traditional cash on cash: 3.03% Airbnb Rental Income: $null Traditional Rental Income: $3652 Airbnb ROI: N/A Traditional ROI: 3.03%
81 Hillsdale Street Hillsdale, MI	3 beds \| 1 baths \| 1,332 sq.ft.	$240,000	Airbnb cash on cash: 2.33% Traditional cash on cash: 4.45% Airbnb Rental Income: $1682 Traditional Rental Income: $1693 Airbnb ROI: 2.33% Traditional ROI: 4.45%
142 S West Street Hillsdale, MI Spacious home situated on a large fenced corner lot in Hillsdale! This home offers room bo...	5 beds \| 2 baths \| 1,840 sq.ft.	$209,900	Airbnb cash on cash: N/A Traditional cash on cash: 10.6% Airbnb Rental Income: $null Traditional Rental Income: $2569 Airbnb ROI: N/A Traditional ROI: 10.6%
1050 Earlyn Drive Hillsdale, MI Double lot sitting on 0.56 acres Two tax ID** Imagine sipping morning coffee on the d...	3 beds \| 2 baths \| 1,475 sq.ft.	$349,900	Airbnb cash on cash: 2.01% Traditional cash on cash: 5.35% Airbnb Rental Income: $1682 Traditional Rental Income: $2312 Airbnb ROI: 2.01% Traditional ROI: 5.35%
105 Hillsdale Street Hillsdale, MI Very nice duplex just a few blocks from campus! Main floor space offers 2 beds, 1 full bat...	3 beds \| N/A baths \| N/A	$469,900	Airbnb cash on cash: 1.47% Traditional cash on cash: 3.55% Airbnb Rental Income: $1682 Traditional Rental Income: $2124 Airbnb ROI: 1.47% Traditional ROI: 3.55%
29 Warren Avenue Hillsdale, MI A Rare Find in Hillsdale! This is the home (and workshop space) you've been waiting for! S...	5 beds \| 4 baths \| 3,058 sq.ft.	$389,900	Airbnb cash on cash: N/A Traditional cash on cash: 8.27% Airbnb Rental Income: $null Traditional Rental Income: $3837 Airbnb ROI: N/A Traditional ROI: 8.27%
70 Superior Street Hillsdale, MI Welcome home to this spacious and well designed 3 bedroom, 2 full bath home featuring an i...	3 beds \| 2 baths \| 1,240 sq.ft.	$227,500	Airbnb cash on cash: 3.46% Traditional cash on cash: 7.6% Airbnb Rental Income: $1682 Traditional Rental Income: $2103 Airbnb ROI: 3.46% Traditional ROI: 7.6%
4330 Dawn Drive Hillsdale, MI Jump on this Bel Air waterfront property and have all summer to enjoy it! Not far at all f...	3 beds \| 2 baths \| 1,424 sq.ft.	$325,000	Airbnb cash on cash: 1.92% Traditional cash on cash: 5.56% Airbnb Rental Income: $1682 Traditional Rental Income: $2324 Airbnb ROI: 1.92% Traditional ROI: 5.56%

Real Estate investment in Hillsdale, MI

There are 52 properties for sale in the city of Hillsdale . The median list price in Hillsdale is $187,403 and the average price per square foot is $90. In June 2026, the average monthly cash on cash return in Hillsdale is 6.00%. The average monthly rental income in Hillsdale is $2,324.

Hillsdale, MI Real Estate Investing: FAQs for Buyers, Sellers and Investors

There are 52 investment properties available for sale in Hillsdale.

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

The ROI for Long-Term is higher than the Short-Term in Hillsdale with average rental income of $2,324.

Your search for investment property begins and ends here

Investment Property for Sale in Hillsdale, MI

54 GOODRICH AVE

Hillsdale, MI

2 beds | 1 baths | 744 sq.ft.

$105,000

Airbnb cash on cash: 8.92%

Traditional cash on cash: 8.88%

Airbnb Rental Income: $1642

Traditional Rental Income: $1176

Airbnb ROI: 8.92%

Traditional ROI: 8.88%

1140 Lochaven Circle #10B

Hillsdale, MI

2 beds | 2 baths | 1,768 sq.ft.

$474,900

Airbnb cash on cash: -0.92%

Traditional cash on cash: 3.35%

Airbnb Rental Income: $1642

Traditional Rental Income: $3074

Airbnb ROI: -0.92%

Traditional ROI: 3.35%

246 Glei Court

Hillsdale, MI

4 beds | 3 baths | 3,050 sq.ft.

$349,900

Airbnb cash on cash: 2.84%

Traditional cash on cash: 5.78%

Airbnb Rental Income: $3036

Traditional Rental Income: $3309

Airbnb ROI: 2.84%

Traditional ROI: 5.78%

237 Glei Court

Hillsdale, MI

2 beds | 2 baths | 1,650 sq.ft.

$299,900

Airbnb cash on cash: -1.59%

Traditional cash on cash: 4.02%

Airbnb Rental Income: $1642

Traditional Rental Income: $2764

Airbnb ROI: -1.59%

Traditional ROI: 4.02%

4300 W BACON Road

Hillsdale, MI

4 beds | 3 baths | 3,348 sq.ft.

$550,000

Airbnb cash on cash: 2.64%

Traditional cash on cash: 4.06%

Airbnb Rental Income: $3036

Traditional Rental Income: $3071

Airbnb ROI: 2.64%

Traditional ROI: 4.06%

58 Salem Street

Hillsdale, MI

2 beds | 2 baths | 896 sq.ft.

$247,000

Airbnb cash on cash: 3.1%

Traditional cash on cash: 4.25%

Airbnb Rental Income: $1642

Traditional Rental Income: $1447

Airbnb ROI: 3.1%

Traditional ROI: 4.25%

4794 Keith Road

Hillsdale, MI

3 beds | 4 baths | 2,736 sq.ft.

$588,500

Airbnb cash on cash: 0.36%

Traditional cash on cash: 4.05%

Airbnb Rental Income: $1682

Traditional Rental Income: $3244

Airbnb ROI: 0.36%

Traditional ROI: 4.05%

233 Auseon Court

Hillsdale, MI

3 beds | 3 baths | 3,250 sq.ft.

$419,900

Airbnb cash on cash: 0.59%

Traditional cash on cash: 5.15%

Airbnb Rental Income: $1682

Traditional Rental Income: $3007

Airbnb ROI: 0.59%