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 2 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
10195 S Lake Station Lake, MI Clare County, Two structures with 2 units each, just South of the Village of Lake, Near C...	8 beds \| 4 baths \| 8,128 sq.ft.	$598,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.55% Airbnb Rental Income: $null Traditional Rental Income: $3635 Airbnb ROI: N/A Traditional ROI: 4.55%
10215 S Lake Station 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.	$359,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.78% Airbnb Rental Income: $null Traditional Rental Income: $2678 Airbnb ROI: N/A Traditional ROI: 5.78%
Other Investment Properties for Sale in Lake
4463 W Grass Lake Road Lake , MI 2 bedroom and 1.5 bath ranch home. 2 car attached garage with 24 x 32 pole barn and a sh...	2 beds \| 2 baths \| 1,200 sq.ft.	$219,000	Airbnb cash on cash: -0.1% Traditional cash on cash: 5.7% Airbnb Rental Income: $750 Traditional Rental Income: $1638 Airbnb ROI: -0.1% Traditional ROI: 5.7%
6580 Deerfield Trail Lake , MI Welcome home! This immaculately maintained 3 bedroom, 2 bath home is modern and spacious a...	3 beds \| 2 baths \| 1,890 sq.ft.	$229,900	Airbnb cash on cash: 3.46% Traditional cash on cash: 9.22% Airbnb Rental Income: $1772 Traditional Rental Income: $2539 Airbnb ROI: 3.46% Traditional ROI: 9.22%
6353 Birchwood Drive Lake , MI Don't miss the video walkthrough Discover this well-kept 3-bedroom, 1 full bath home nes...	3 beds \| 1 baths \| 768 sq.ft.	$129,900	Airbnb cash on cash: 7.6% Traditional cash on cash: 10.42% Airbnb Rental Income: $1772 Traditional Rental Income: $1640 Airbnb ROI: 7.6% Traditional ROI: 10.42%
9523-25 Terry Street 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.	$325,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.89% Airbnb Rental Income: $null Traditional Rental Income: $2149 Airbnb ROI: N/A Traditional ROI: 4.89%
3200 Lake of the Pines Drive Lake , MI Your up north getaway is here! Beautiful 3 bedroom 2 bath lofted chalet has everything you...	3 beds \| 2 baths \| 1,441 sq.ft.	$239,900	Airbnb cash on cash: 2.7% Traditional cash on cash: 4.06% Airbnb Rental Income: $1772 Traditional Rental Income: $1596 Airbnb ROI: 2.7% Traditional ROI: 4.06%
4331 W Stevenson Lake Road Lake , MI Welcome to lake life in beautiful Gilmore Township! Just down the road from all-sports Lit...	4 beds \| 1 baths \| 1,776 sq.ft.	$192,500	Airbnb cash on cash: N/A Traditional cash on cash: 10.18% Airbnb Rental Income: $null Traditional Rental Income: $2268 Airbnb ROI: N/A Traditional ROI: 10.18%
10241 W Gladwin Road Lake , MI Set on 6.42 acres, this peaceful country property offers room to roam and thoughtful updat...	1 beds \| 1 baths \| 717 sq.ft.	$149,900	Airbnb cash on cash: -0.6% Traditional cash on cash: 5.55% Airbnb Rental Income: $471 Traditional Rental Income: $1085 Airbnb ROI: -0.6% Traditional ROI: 5.55%
10429 Garfield Avenue Lake , MI Spacious open concept home with a split floor plan. Offers 3 bedrooms, 2 full baths, fire...	3 beds \| 2 baths \| 1,456 sq.ft.	$194,500	Airbnb cash on cash: 4.96% Traditional cash on cash: 9.91% Airbnb Rental Income: $1772 Traditional Rental Income: $2202 Airbnb ROI: 4.96% Traditional ROI: 9.91%
10203 S Lake Station Lake , MI Clare County, two unit duplex just South of the Village of Lake, Near Crooked Lake and Pe...	4 beds \| 2 baths \| 4,496 sq.ft.	$359,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.38% Airbnb Rental Income: $null Traditional Rental Income: $2687 Airbnb ROI: N/A Traditional ROI: 5.38%
1051 N Crooked Lake Drive Lake , MI Step in this home and enjoy the incredible views of all sports Crooked Lake! This 2 bedroo...	2 beds \| 1 baths \| 880 sq.ft.	$315,000	Airbnb cash on cash: -0.98% Traditional cash on cash: 2.89% Airbnb Rental Income: $750 Traditional Rental Income: $1581 Airbnb ROI: -0.98% Traditional ROI: 2.89%
11821 N Shore Lake , MI 94 feet of water frontage on all s[ports Eight Point Lake, Clare County's premier lake. ...	2 beds \| 1 baths \| 832 sq.ft.	$280,000	Airbnb cash on cash: -0.47% Traditional cash on cash: 3.99% Airbnb Rental Income: $750 Traditional Rental Income: $1613 Airbnb ROI: -0.47% Traditional ROI: 3.99%
6294 Rock Road Lake , MI Cozy Lakefront Cottage on Bluff Lake -escape to this fully renovated, fully furnished lake...	1 beds \| 2 baths \| 468 sq.ft.	$189,900	Airbnb cash on cash: -1.02% Traditional cash on cash: 5.19% Airbnb Rental Income: $471 Traditional Rental Income: $1323 Airbnb ROI: -1.02% Traditional ROI: 5.19%
6352 White Acre Lake , MI Located within the Lake of the Pines community, this ranch-style home offers full access t...	3 beds \| 2 baths \| 1,200 sq.ft.	$144,400	Airbnb cash on cash: 5.86% Traditional cash on cash: 11.92% Airbnb Rental Income: $1772 Traditional Rental Income: $2125 Airbnb ROI: 5.86% Traditional ROI: 11.92%
9850 Cadillac Drive Lake , MI Welcome to this beautifully updated 3-bedroom, 2-bathroom ranch situated on 2.8 serene acr...	3 beds \| 2 baths \| 1,248 sq.ft.	$175,000	Airbnb cash on cash: 5.76% Traditional cash on cash: 10.58% Airbnb Rental Income: $1772 Traditional Rental Income: $2091 Airbnb ROI: 5.76% Traditional ROI: 10.58%

Your search for investment property begins and ends here

Multi Family for Sale in Lake, MI

10195 S Lake Station

Lake, MI

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

$598,000

Airbnb cash on cash: N/A

Traditional cash on cash: 4.55%

Airbnb Rental Income: $null

Traditional Rental Income: $3635

Airbnb ROI: N/A

Traditional ROI: 4.55%

10215 S Lake Station

Lake, MI

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

$359,000

Airbnb cash on cash: N/A

Traditional cash on cash: 5.78%

Airbnb Rental Income: $null

Traditional Rental Income: $2678

Airbnb ROI: N/A

Traditional ROI: 5.78%

Other Investment Properties for Sale in Lake

Lake , MI

2 beds | 2 baths | 1,200 sq.ft.

$219,000

Airbnb cash on cash: -0.1%

Traditional cash on cash: 5.7%

Airbnb Rental Income: $750

Traditional Rental Income: $1638

Airbnb ROI: -0.1%

Traditional ROI: 5.7%

Lake , MI

3 beds | 2 baths | 1,890 sq.ft.

$229,900

Airbnb cash on cash: 3.46%

Traditional cash on cash: 9.22%

Airbnb Rental Income: $1772

Traditional Rental Income: $2539

Airbnb ROI: 3.46%

Traditional ROI: 9.22%

Lake , MI

3 beds | 1 baths | 768 sq.ft.

$129,900

Airbnb cash on cash: 7.6%

Traditional cash on cash: 10.42%

Airbnb Rental Income: $1772

Traditional Rental Income: $1640

Airbnb ROI: 7.6%

Traditional ROI: 10.42%

Lake , MI

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

$325,000

Airbnb cash on cash: N/A

Traditional cash on cash: 4.89%

Airbnb Rental Income: $null

Traditional Rental Income: $2149

Airbnb ROI: N/A

Traditional ROI: 4.89%

Lake , MI

3 beds | 2 baths | 1,441 sq.ft.

$239,900

Airbnb cash on cash: 2.7%

Traditional cash on cash: 4.06%

Airbnb Rental Income: $1772

Traditional Rental Income: $1596

Airbnb ROI: 2.7%

Traditional ROI: 4.06%

Lake , MI

4 beds | 1 baths | 1,776 sq.ft.

$192,500

Airbnb cash on cash: N/A

Traditional cash on cash: 10.18%

Airbnb Rental Income: $null

Traditional Rental Income: $2268

Airbnb ROI: N/A

Traditional ROI: 10.18%

Lake , MI

1 beds | 1 baths | 717 sq.ft.

$149,900

Airbnb cash on cash: -0.6%