Real Estate Investment Properties for Sale in Ishpeming, MI

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

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

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
1110 Co Rd GGG Ishpeming, MI Beautiful year-round living awaits on the highly sought-after Dead River Basin, offering a...	4 beds \| 3 baths \| 2,968 sq.ft.	$795,000	Airbnb cash on cash: N/A Traditional cash on cash: 0.94% Airbnb Rental Income: $null Traditional Rental Income: $2663 Airbnb ROI: N/A Traditional ROI: 0.94%
613 N 4th St Ishpeming, MI Buy this foreclosure deal the right way. Visit us at Auction.com, then login or create a f...	5 beds \| 2 baths \| 2,340 sq.ft.	$219,900	Airbnb cash on cash: N/A Traditional cash on cash: 7.74% Airbnb Rental Income: $null Traditional Rental Income: $2229 Airbnb ROI: N/A Traditional ROI: 7.74%
6865 Co Rd PRB Ishpeming, MI Welcome to The Lodge, an active Airbnb retreat that transcends the ordinary and offers an ...	4 beds \| 2 baths \| 4,015 sq.ft.	$695,000	Airbnb cash on cash: N/A Traditional cash on cash: 1.04% Airbnb Rental Income: $null Traditional Rental Income: $2407 Airbnb ROI: N/A Traditional ROI: 1.04%
612 Maurice St Ishpeming, MI Plenty of Potential! This versatile home offers multiple living options with a full first-...	3 beds \| 2 baths \| 1,359 sq.ft.	$149,900	Airbnb cash on cash: 4.13% Traditional cash on cash: 8.23% Airbnb Rental Income: $1480 Traditional Rental Income: $1633 Airbnb ROI: 4.13% Traditional ROI: 8.23%
23 Chipman Dr Ishpeming, MI 23 Chipman Dr, Ishpeming, MI 49849 \| Single Family Residential	5 beds \| 3 baths \| 2,400 sq.ft.	$949,900	Airbnb cash on cash: N/A Traditional cash on cash: 0.34% Airbnb Rental Income: $null Traditional Rental Income: $2633 Airbnb ROI: N/A Traditional ROI: 0.34%
113 N 2nd St Ishpeming, MI Previously known as The Venice, the restaurant is fully equipped and ready to welcome gues...	2 beds \| 4 baths \| 4,488 sq.ft.	$285,000	Airbnb cash on cash: 0.6% Traditional cash on cash: 5.92% Airbnb Rental Income: $1343 Traditional Rental Income: $2361 Airbnb ROI: 0.6% Traditional ROI: 5.92%
832 N Main St Ishpeming, MI Every home tells a story, but this 3 bedroom/4 bath 2-story in Ishpeming speaks to HISTORY...	3 beds \| 2 baths \| 3,047 sq.ft.	$425,000	Airbnb cash on cash: 0.46% Traditional cash on cash: 3.39% Airbnb Rental Income: $1480 Traditional Rental Income: $2211 Airbnb ROI: 0.46% Traditional ROI: 3.39%
80 Acres Off Co Rd 510 Rd Ishpeming, MI 80 Acres Off Co Rd 510 Rd, Ishpeming, MI 49849 \| Single Family Residential	2 beds \| 1 baths \| 756 sq.ft.	$155,000	Airbnb cash on cash: 3.14% Traditional cash on cash: 3.1% Airbnb Rental Income: $1343 Traditional Rental Income: $925 Airbnb ROI: 3.14% Traditional ROI: 3.1%
170 Acres off CR 573 Rd Ishpeming, MI 170 Acres off CR 573 Rd, Ishpeming, MI 49849 \| Other	N/A beds \| N/A baths \| N/A	$199,900	Airbnb cash on cash: -1.36% Traditional cash on cash: -0.09% Airbnb Rental Income: $601 Traditional Rental Income: $554 Airbnb ROI: -1.36% Traditional ROI: -0.09%
200 Acres CR 573 Rd Ishpeming, MI 200 Acres CR 573 Rd, Ishpeming, MI 49849 \| Other	N/A beds \| N/A baths \| N/A	$160,000	Airbnb cash on cash: -1.08% Traditional cash on cash: 0.51% Airbnb Rental Income: $601 Traditional Rental Income: $554 Airbnb ROI: -1.08% Traditional ROI: 0.51%
280 Acres County Road CCN Rd Ishpeming, MI 280 Acres County Road CCN Rd, Ishpeming, MI 49849 \| Other	N/A beds \| N/A baths \| N/A	$224,000	Airbnb cash on cash: -1.48% Traditional cash on cash: -0.34% Airbnb Rental Income: $601 Traditional Rental Income: $554 Airbnb ROI: -1.48% Traditional ROI: -0.34%
TBD Sleepy Rd Ishpeming, MI TBD Sleepy Hollow Rd, Champion, MI 49849 \| Other	N/A beds \| N/A baths \| N/A	$90,000	Airbnb cash on cash: -0.01% Traditional cash on cash: 2.63% Airbnb Rental Income: $601 Traditional Rental Income: $544 Airbnb ROI: -0.01% Traditional ROI: 2.63%
Lot #11 North Greenwood Dr Ishpeming, MI Lot #11 North Greenwood Dr, Ishpeming, MI 49849 \| Other	N/A beds \| N/A baths \| N/A	$62,000	Airbnb cash on cash: 0.28% Traditional cash on cash: 4.18% Airbnb Rental Income: $601 Traditional Rental Income: $554 Airbnb ROI: 0.28% Traditional ROI: 4.18%
TBD N Greenwood - 2 Dr Ishpeming, MI TBD N Greenwood - 2 Dr, Ishpeming, MI 49849 \| Other	N/A beds \| N/A baths \| N/A	$39,900	Airbnb cash on cash: 1.68% Traditional cash on cash: 7.5% Airbnb Rental Income: $601 Traditional Rental Income: $554 Airbnb ROI: 1.68% Traditional ROI: 7.5%
Lot #10 North Greenwood Dr Ishpeming, MI Lot #10 North Greenwood Dr, Ishpeming, MI 49849 \| Other	N/A beds \| N/A baths \| N/A	$62,000	Airbnb cash on cash: 0.28% Traditional cash on cash: 4.18% Airbnb Rental Income: $601 Traditional Rental Income: $554 Airbnb ROI: 0.28% Traditional ROI: 4.18%
TBD US41 Hwy Ishpeming, MI TBD US41 Hwy, Ishpeming, MI 49849 \| Other	N/A beds \| N/A baths \| N/A	$399,000	Airbnb cash on cash: -1.94% Traditional cash on cash: -1.29% Airbnb Rental Income: $601 Traditional Rental Income: $554 Airbnb ROI: -1.94% Traditional ROI: -1.29%
Voelker Lake Rd Ishpeming, MI Voelker Lake Rd, Ishpeming, MI 49849 \| Other	N/A beds \| N/A baths \| N/A	$695,000	Airbnb cash on cash: -2.19% Traditional cash on cash: -1.82% Airbnb Rental Income: $601 Traditional Rental Income: $554 Airbnb ROI: -2.19% Traditional ROI: -1.82%
21330 Long Lake Rd Ishpeming, MI Looking for a beautiful, remote waterfront summer home? This is it! This lakefront home wa...	2 beds \| N/A baths \| 1,202 sq.ft.	$328,000	Airbnb cash on cash: 1.57% Traditional cash on cash: 4.02% Airbnb Rental Income: $1343 Traditional Rental Income: $1686 Airbnb ROI: 1.57% Traditional ROI: 4.02%
00 Gold Mine Lake Rd Ishpeming, MI 00 Gold Mine Lake Rd, Ishpeming, MI 49849 \| Other	N/A beds \| N/A baths \| N/A	$394,500	Airbnb cash on cash: -1.93% Traditional cash on cash: -1.09% Airbnb Rental Income: $601 Traditional Rental Income: $623 Airbnb ROI: -1.93% Traditional ROI: -1.09%
TBD Goldmine Lake Rd Ishpeming, MI TBD Goldmine Lake Rd, Ishpeming, MI 49849 \| Other	N/A beds \| N/A baths \| N/A	$544,900	Airbnb cash on cash: -2.1% Traditional cash on cash: -1.45% Airbnb Rental Income: $601 Traditional Rental Income: $643 Airbnb ROI: -2.1% Traditional ROI: -1.45%
1110 Co Rd GGG Rd Ishpeming, MI 1110 Co Rd GGG Rd, Ishpeming, MI 49849 \| Single Family Residential	4 beds \| 3 baths \| 1,568 sq.ft.	$749,900	Airbnb cash on cash: N/A Traditional cash on cash: 0.42% Airbnb Rental Income: $null Traditional Rental Income: $2156 Airbnb ROI: N/A Traditional ROI: 0.42%
400 S Lake St Ishpeming, MI Welcome to easy, maintenance-free living in this thoughtfully designed new construction ho...	2 beds \| 1 baths \| 1,026 sq.ft.	$298,000	Airbnb cash on cash: 0.46% Traditional cash on cash: 3.36% Airbnb Rental Income: $1343 Traditional Rental Income: $1743 Airbnb ROI: 0.46% Traditional ROI: 3.36%
TBD County Road PRE Rd Ishpeming, MI TBD County Road PRE Rd, Ishpeming, MI 49849 \| Other	N/A beds \| N/A baths \| N/A	$359,000	Airbnb cash on cash: -1.88% Traditional cash on cash: -0.89% Airbnb Rental Income: $601 Traditional Rental Income: $643 Airbnb ROI: -1.88% Traditional ROI: -0.89%
163 Cliff St Ishpeming, MI 163 Cliff St, Ishpeming, MI 49849 \| Single Family Residential	3 beds \| 1 baths \| 1,218 sq.ft.	$154,900	Airbnb cash on cash: 3.91% Traditional cash on cash: 5.83% Airbnb Rental Income: $1480 Traditional Rental Income: $1328 Airbnb ROI: 3.91% Traditional ROI: 5.83%
TBD N Greenwood - 3 Dr Ishpeming, MI TBD N Greenwood - 3 Dr, Ishpeming, MI 49849 \| Other	N/A beds \| N/A baths \| N/A	$39,900	Airbnb cash on cash: 1.68% Traditional cash on cash: 10.05% Airbnb Rental Income: $601 Traditional Rental Income: $660 Airbnb ROI: 1.68% Traditional ROI: 10.05%
168 Saginaw St Ishpeming, MI Discover this beautifully updated three-bedroom, one-bath home on the edge of Ishpeming. T...	3 beds \| 1 baths \| 1,047 sq.ft.	$179,900	Airbnb cash on cash: 3.19% Traditional cash on cash: 8.52% Airbnb Rental Income: $1480 Traditional Rental Income: $1958 Airbnb ROI: 3.19% Traditional ROI: 8.52%
1 CO RD CD Rd Ishpeming, MI Earn instant equity with this home being listed below the 2026 appraised value!!! A 3-bedr...	3 beds \| 2 baths \| 1,477 sq.ft.	$239,000	Airbnb cash on cash: 2.75% Traditional cash on cash: 8.27% Airbnb Rental Income: $1480 Traditional Rental Income: $2290 Airbnb ROI: 2.75% Traditional ROI: 8.27%
8 Gold Dr Ishpeming, MI This HIDDEN GEM can be yours in this waterfront home nestled in a residential neighborhood...	3 beds \| 3 baths \| 1,882 sq.ft.	$590,000	Airbnb cash on cash: -0.8% Traditional cash on cash: 4.47% Airbnb Rental Income: $1480 Traditional Rental Income: $3951 Airbnb ROI: -0.8% Traditional ROI: 4.47%
TBD Co Rd 510 Rd Ishpeming, MI TBD Co Rd 510 Rd, Ishpeming, MI 49849 \| Other	N/A beds \| N/A baths \| N/A	$120,000	Airbnb cash on cash: -0.61% Traditional cash on cash: 2.4% Airbnb Rental Income: $601 Traditional Rental Income: $660 Airbnb ROI: -0.61% Traditional ROI: 2.4%
3161B County Road GGT Rd Ishpeming, MI 3161B County Road GGT Rd, Ishpeming, MI 49849 \| Single Family Residential	2 beds \| 1 baths \| 622 sq.ft.	$294,000	Airbnb cash on cash: 0.5% Traditional cash on cash: 0.45% Airbnb Rental Income: $1343 Traditional Rental Income: $915 Airbnb ROI: 0.5% Traditional ROI: 0.45%
1525 Glenwood Lane Street Ishpeming, MI Situated on a large lot in a sought-after residential subdivision, you will find this 3-4 ...	3 beds \| 3 baths \| 2,301 sq.ft.	$359,500	Airbnb cash on cash: 1.68% Traditional cash on cash: 5.47% Airbnb Rental Income: $1480 Traditional Rental Income: $2324 Airbnb ROI: 1.68% Traditional ROI: 5.47%
135 York Street Ishpeming, MI Held by the same family for generations, 135 York St in Ishpeming is ready for its next ch...	3 beds \| 1 baths \| 1,648 sq.ft.	$169,900	Airbnb cash on cash: 4.05% Traditional cash on cash: 7.97% Airbnb Rental Income: $1480 Traditional Rental Income: $1680 Airbnb ROI: 4.05% Traditional ROI: 7.97%
1734 Little Perch Lake Road Rd Ishpeming, MI Welcome to your lakeside retreat on beautiful Little Perch Lake! This charming 2-bedroom h...	2 beds \| 1 baths \| 1,031 sq.ft.	$285,000	Airbnb cash on cash: 0.6% Traditional cash on cash: 3.08% Airbnb Rental Income: $1343 Traditional Rental Income: $1597 Airbnb ROI: 0.6% Traditional ROI: 3.08%
315 Seilo Ave Ishpeming, MI 315 Seilo Avenue is an inviting four-bedroom, 1.5 bathroom home offering 2,350 total squar...	4 beds \| 1 baths \| 1,302 sq.ft.	$229,900	Airbnb cash on cash: N/A Traditional cash on cash: 7.8% Airbnb Rental Income: $null Traditional Rental Income: $2191 Airbnb ROI: N/A Traditional ROI: 7.8%

Real Estate investment in Ishpeming, MI

There are 102 properties for sale in the city of Ishpeming . The median list price in Ishpeming is $164,901 and the average price per square foot is $101. In August 2026, the average monthly cash on cash return in Ishpeming is 5.00%. The average monthly rental income in Ishpeming is $1,424.

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

There are 102 investment properties available for sale in Ishpeming.

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

The ROI for Long-Term is higher than the Short-Term in Ishpeming with average rental income of $1,424.

Your search for investment property begins and ends here

Investment Property for Sale in Ishpeming, MI

1110 Co Rd GGG

Ishpeming, MI

4 beds | 3 baths | 2,968 sq.ft.

$795,000

Airbnb cash on cash: N/A

Traditional cash on cash: 0.94%

Airbnb Rental Income: $null

Traditional Rental Income: $2663

Airbnb ROI: N/A

Traditional ROI: 0.94%

613 N 4th St

Ishpeming, MI

5 beds | 2 baths | 2,340 sq.ft.

$219,900

Airbnb cash on cash: N/A

Traditional cash on cash: 7.74%

Airbnb Rental Income: $null

Traditional Rental Income: $2229

Airbnb ROI: N/A

Traditional ROI: 7.74%

6865 Co Rd PRB

Ishpeming, MI

4 beds | 2 baths | 4,015 sq.ft.

$695,000

Airbnb cash on cash: N/A

Traditional cash on cash: 1.04%

Airbnb Rental Income: $null

Traditional Rental Income: $2407

Airbnb ROI: N/A

Traditional ROI: 1.04%

612 Maurice St

Ishpeming, MI

3 beds | 2 baths | 1,359 sq.ft.

$149,900

Airbnb cash on cash: 4.13%

Traditional cash on cash: 8.23%

Airbnb Rental Income: $1480

Traditional Rental Income: $1633

Airbnb ROI: 4.13%

Traditional ROI: 8.23%

23 Chipman Dr

Ishpeming, MI

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

$949,900

Airbnb cash on cash: N/A

Traditional cash on cash: 0.34%

Airbnb Rental Income: $null

Traditional Rental Income: $2633

Airbnb ROI: N/A

Traditional ROI: 0.34%

113 N 2nd St

Ishpeming, MI

2 beds | 4 baths | 4,488 sq.ft.

$285,000

Airbnb cash on cash: 0.6%

Traditional cash on cash: 5.92%

Airbnb Rental Income: $1343

Traditional Rental Income: $2361

Airbnb ROI: 0.6%

Traditional ROI: 5.92%

832 N Main St

Ishpeming, MI

3 beds | 2 baths | 3,047 sq.ft.

$425,000

Airbnb cash on cash: 0.46%

Traditional cash on cash: 3.39%

Airbnb Rental Income: $1480

Traditional Rental Income: $2211

Airbnb ROI: 0.46%

Traditional ROI: 3.39%

80 Acres Off Co Rd 510 Rd

Ishpeming, MI

2 beds | 1 baths | 756 sq.ft.

$155,000

Airbnb cash on cash: 3.14%

Traditional cash on cash: 3.1%

Airbnb Rental Income: $1343

Traditional Rental Income: $925

Airbnb ROI: 3.14%