Real Estate Investment Properties for Sale in Lake, MI

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

Explore a variety of short-term homes & houses in Lake, MI. Invest wisely with VRBO & Lake, MI Airbnb properties available for purchase. Find your ideal investment property among our curated listings for a rewarding real estate venture.

Multi Family for Sale in Lake, MI

Search for Multi Family for Sale in Lake, Michigan. Browse all of Mashvisor’s Multi Family listings and other investment property types including Single Family Homes, Multi Family Homes, Condos, Townhouses and Other Homes.

Showing 4 Multi Family listings of over 500,000 total investment properties for sale. Visit Mashvisor.com to all investment properties.

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
1249 N CROOKED LAKE Dr Lake, MI Why settle for 1 cabin when you can own 4? Unique waterfront property with 4 cabins on the...	N/A beds \| 4 baths \| 3,164 sq.ft.	$599,900	Airbnb cash on cash: -1.58% Traditional cash on cash: 1.94% Airbnb Rental Income: $702 Traditional Rental Income: $2364 Airbnb ROI: -1.58% Traditional ROI: 1.94%
10203 S Lake Station Ave Lake, MI Clare County, two unit duplex just South of the Village of Lake, Near Crooked Lake and Per...	4 beds \| 2 baths \| 4,496 sq.ft.	$315,000	Airbnb cash on cash: 3.21% Traditional cash on cash: 6.25% Airbnb Rental Income: $2368 Traditional Rental Income: $2687 Airbnb ROI: 3.21% Traditional ROI: 6.25%
10195 S Lake Station Ave Lake, MI Clare County, Two structures with 2 units each, just South of the Village of Lake, Near Cr...	8 beds \| 4 baths \| 8,128 sq.ft.	$519,000	Airbnb cash on cash: 1.57% Traditional cash on cash: 5.38% Airbnb Rental Income: $2368 Traditional Rental Income: $3635 Airbnb ROI: 1.57% Traditional ROI: 5.38%
10215 S Lake Station Ave Lake, MI Great opportunity to own a duplex, possibility to live in one and rent out the other, each...	4 beds \| 2 baths \| 3,744 sq.ft.	$318,900	Airbnb cash on cash: -1.37% Traditional cash on cash: 6.62% Airbnb Rental Income: $566 Traditional Rental Income: $2678 Airbnb ROI: -1.37% Traditional ROI: 6.62%
Other Investment Properties for Sale in Lake
3251 Havenwood Cir Lake , MI Been searching for your hunter's paradise or cottage near the Lake? Here it is! 2 bed, 1 ...	2 beds \| 1 baths \| 1,100 sq.ft.	$159,900	Airbnb cash on cash: 0.58% Traditional cash on cash: 6.46% Airbnb Rental Income: $702 Traditional Rental Income: $1294 Airbnb ROI: 0.58% Traditional ROI: 6.46%
3230 Pinehurst Dr Lake , MI Welcome to your perfect up north getaway or year-round home in the beautiful Lake of the P...	3 beds \| 2 baths \| 1,260 sq.ft.	$248,900	Airbnb cash on cash: 5.55% Traditional cash on cash: 6.97% Airbnb Rental Income: $2368 Traditional Rental Income: $2120 Airbnb ROI: 5.55% Traditional ROI: 6.97%
7170 Oak Hollow Trl Lake , MI Very well maintained chalet in a quiet wooded setting with wild life to enjoy as you sit o...	3 beds \| 2 baths \| 1,600 sq.ft.	$250,000	Airbnb cash on cash: 5.56% Traditional cash on cash: 7.22% Airbnb Rental Income: $2368 Traditional Rental Income: $2176 Airbnb ROI: 5.56% Traditional ROI: 7.22%
2221 Grass Lake Lake , MI Price reduced !! Home sweet home away from home! Must see this much improved park model wi...	1 beds \| 1 baths \| 720 sq.ft.	$83,000	Airbnb cash on cash: 5.83% Traditional cash on cash: 11.7% Airbnb Rental Income: $1113 Traditional Rental Income: $1217 Airbnb ROI: 5.83% Traditional ROI: 11.7%
9523-25 Terry St Lake , MI Here is one for the savvy shopper, it is a waterfront BOGO or 2fer. Two cottages on the be...	4 beds \| 2 baths \| 1,084 sq.ft.	$279,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.84% Airbnb Rental Income: $null Traditional Rental Income: $2149 Airbnb ROI: N/A Traditional ROI: 5.84%
2221 Grass Lake Ave Lake , MI Relax at your water front dream come true, full rap around deck to enjoy out door cooking ...	1 beds \| 1 baths \| 618 sq.ft.	$69,900	Airbnb cash on cash: 6.65% Traditional cash on cash: 11.18% Airbnb Rental Income: $1113 Traditional Rental Income: $1053 Airbnb ROI: 6.65% Traditional ROI: 11.18%
8180 Trails End Rd Lake , MI $5,000 Allowance given at Closing. Deeded Lake access to Crooked Lake for swimming and lou...	3 beds \| 1 baths \| 1,131 sq.ft.	$235,000	Airbnb cash on cash: 5.99% Traditional cash on cash: 5.63% Airbnb Rental Income: $2368 Traditional Rental Income: $1705 Airbnb ROI: 5.99% Traditional ROI: 5.63%
1361 N Crooked Lake Dr Lake , MI Get ready for summer fun with this 1200 sq. ft. cottage on beautiful Crooked Lake in Lake,...	3 beds \| 1 baths \| 1,200 sq.ft.	$279,900	Airbnb cash on cash: 3.89% Traditional cash on cash: 1.72% Airbnb Rental Income: $2368 Traditional Rental Income: $1211 Airbnb ROI: 3.89% Traditional ROI: 1.72%
11935 N Shore Dr Lake , MI Fantastic opportunity on beautiful 388 acre all-sports Eight Point Lake, Clare Counties la...	2 beds \| 1 baths \| 1,178 sq.ft.	$199,000	Airbnb cash on cash: -0.67% Traditional cash on cash: 6.65% Airbnb Rental Income: $702 Traditional Rental Income: $1779 Airbnb ROI: -0.67% Traditional ROI: 6.65%
4490 Ridgeway Trl Lake , MI Super Waterfront on all sports Doc and Tom Lake / Canal.You can swim here it is clean and ...	3 beds \| 2 baths \| 1,456 sq.ft.	$279,000	Airbnb cash on cash: 3.83% Traditional cash on cash: 3.78% Airbnb Rental Income: $2368 Traditional Rental Income: $1771 Airbnb ROI: 3.83% Traditional ROI: 3.78%
3340 Pinehurst Dr Lake , MI Stunning Lakefront Luxury: Your Dream Home Awaits Discover your lakeside paradise in this...	2 beds \| 1 baths \| 1,000 sq.ft.	$258,000	Airbnb cash on cash: -0.39% Traditional cash on cash: 4.63% Airbnb Rental Income: $702 Traditional Rental Income: $1618 Airbnb ROI: -0.39% Traditional ROI: 4.63%

Your search for investment property begins and ends here

Multi Family for Sale in Lake, MI

1249 N CROOKED LAKE Dr

Lake, MI

N/A beds | 4 baths | 3,164 sq.ft.

$599,900

Airbnb cash on cash: -1.58%

Traditional cash on cash: 1.94%

Airbnb Rental Income: $702

Traditional Rental Income: $2364

Airbnb ROI: -1.58%

Traditional ROI: 1.94%

10203 S Lake Station Ave

Lake, MI

4 beds | 2 baths | 4,496 sq.ft.

$315,000

Airbnb cash on cash: 3.21%

Traditional cash on cash: 6.25%

Airbnb Rental Income: $2368

Traditional Rental Income: $2687

Airbnb ROI: 3.21%

Traditional ROI: 6.25%

10195 S Lake Station Ave

Lake, MI

8 beds | 4 baths | 8,128 sq.ft.

$519,000

Airbnb cash on cash: 1.57%

Traditional cash on cash: 5.38%

Airbnb Rental Income: $2368

Traditional Rental Income: $3635

Airbnb ROI: 1.57%

Traditional ROI: 5.38%

10215 S Lake Station Ave

Lake, MI

4 beds | 2 baths | 3,744 sq.ft.

$318,900

Airbnb cash on cash: -1.37%

Traditional cash on cash: 6.62%

Airbnb Rental Income: $566

Traditional Rental Income: $2678

Airbnb ROI: -1.37%

Traditional ROI: 6.62%

Other Investment Properties for Sale in Lake

Lake , MI

2 beds | 1 baths | 1,100 sq.ft.

$159,900

Airbnb cash on cash: 0.58%

Traditional cash on cash: 6.46%

Airbnb Rental Income: $702

Traditional Rental Income: $1294

Airbnb ROI: 0.58%

Traditional ROI: 6.46%

Lake , MI

3 beds | 2 baths | 1,260 sq.ft.

$248,900

Airbnb cash on cash: 5.55%

Traditional cash on cash: 6.97%

Airbnb Rental Income: $2368

Traditional Rental Income: $2120

Airbnb ROI: 5.55%

Traditional ROI: 6.97%

Lake , MI

3 beds | 2 baths | 1,600 sq.ft.

$250,000

Airbnb cash on cash: 5.56%

Traditional cash on cash: 7.22%

Airbnb Rental Income: $2368

Traditional Rental Income: $2176

Airbnb ROI: 5.56%

Traditional ROI: 7.22%

Lake , MI

1 beds | 1 baths | 720 sq.ft.

$83,000

Airbnb cash on cash: 5.83%

Traditional cash on cash: 11.7%

Airbnb Rental Income: $1113

Traditional Rental Income: $1217

Airbnb ROI: 5.83%

Traditional ROI: 11.7%

Lake , MI

4 beds | 2 baths | 1,084 sq.ft.