Real Estate Investment Properties for Sale in Lewiston, MI

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

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

separator

PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
5774 White Pine Drive Lewiston, MI LEWISTON - Very spacious and comfortable 3 bedroom 2 full bath home on 2.7 acres. Large ro...	3 beds \| 2 baths \| 1,456 sq.ft.	$199,900	Airbnb cash on cash: 2.46% Traditional cash on cash: 10.13% Airbnb Rental Income: $1235 Traditional Rental Income: $2296 Airbnb ROI: 2.46% Traditional ROI: 10.13%
3313 Pleasant View Drive Lewiston, MI WEST TWIN LAKE ACCESS - in Lewiston, this spacious 3-bed 2 full bath well-maintained ranch...	3 beds \| 2 baths \| 1,144 sq.ft.	$216,900	Airbnb cash on cash: 2.26% Traditional cash on cash: 9.41% Airbnb Rental Income: $1235 Traditional Rental Income: $2310 Airbnb ROI: 2.26% Traditional ROI: 9.41%
5466 Big Wolf Lane Lewiston, MI Situated on a quiet road, this recently renovated FULLY furnished half-log sided 2-bed, 2-...	2 beds \| 2 baths \| 1,752 sq.ft.	$214,500	Airbnb cash on cash: 0.12% Traditional cash on cash: 8.2% Airbnb Rental Income: $981 Traditional Rental Income: $2271 Airbnb ROI: 0.12% Traditional ROI: 8.2%
592 Osprey Lane Lewiston, MI Enjoy effortless Up North living in your own beautifully maintained 1-bedroom, 1-bath Garl...	1 beds \| 1 baths \| 826 sq.ft.	$149,000	Airbnb cash on cash: -5.69% Traditional cash on cash: 1.55% Airbnb Rental Income: $349 Traditional Rental Income: $1134 Airbnb ROI: -5.69% Traditional ROI: 1.55%
3880 N Marion Street Lewiston, MI Discover the ultimate lakeside retreat with this spacious 5-bedroom, 3-bath home offering ...	5 beds \| 3 baths \| 2,645 sq.ft.	$510,000	Airbnb cash on cash: 2.42% Traditional cash on cash: 5.27% Airbnb Rental Income: $2780 Traditional Rental Income: $3484 Airbnb ROI: 2.42% Traditional ROI: 5.27%
4447 Grant Drive Lewiston, MI 4 bedroom 2 bath home located on 100 feet of sandy East Twin Lake frontage, walking distan...	4 beds \| 2 baths \| 1,428 sq.ft.	$699,000	Airbnb cash on cash: -0.37% Traditional cash on cash: 1.78% Airbnb Rental Income: $1675 Traditional Rental Income: $2607 Airbnb ROI: -0.37% Traditional ROI: 1.78%
412 Monarch Trail Lewiston, MI Is Golf your Game? This stunning full log home is perfect for you. Located at Beautiful Ga...	5 beds \| 4 baths \| 6,070 sq.ft.	$919,000	Airbnb cash on cash: 0.89% Traditional cash on cash: 2.94% Airbnb Rental Income: $2780 Traditional Rental Income: $3879 Airbnb ROI: 0.89% Traditional ROI: 2.94%
1570 E College Drive Lewiston, MI Enjoy northern Michigan living in this well-maintained 3-bedroom, 2-bath home near the tra...	3 beds \| 2 baths \| 1,584 sq.ft.	$225,000	Airbnb cash on cash: 1.42% Traditional cash on cash: 9.05% Airbnb Rental Income: $1235 Traditional Rental Income: $2464 Airbnb ROI: 1.42% Traditional ROI: 9.05%
3290 Skyline Road Lewiston, MI Looking for that perfect up north escape? This could be the home for you. 3 Bedroom 3 bath...	3 beds \| 3 baths \| 2,980 sq.ft.	$249,900	Airbnb cash on cash: 1.54% Traditional cash on cash: 11.88% Airbnb Rental Income: $1235 Traditional Rental Income: $3280 Airbnb ROI: 1.54% Traditional ROI: 11.88%
2861 Buttles Road Lewiston, MI With the seasons changing, the views are showing signs of summer!!! Picturesque, no matter...	3 beds \| 2 baths \| 1,312 sq.ft.	$238,500	Airbnb cash on cash: 1.66% Traditional cash on cash: 7.33% Airbnb Rental Income: $1235 Traditional Rental Income: $2118 Airbnb ROI: 1.66% Traditional ROI: 7.33%
3153 Jenson Street Lewiston, MI Tucked in the heart of downtown Lewiston, this charming 2-bedroom, 1-bath home offers 1,20...	2 beds \| 1 baths \| 1,204 sq.ft.	$142,500	Airbnb cash on cash: 2.52% Traditional cash on cash: 10.58% Airbnb Rental Income: $981 Traditional Rental Income: $1730 Airbnb ROI: 2.52% Traditional ROI: 10.58%
927 Chardonnay Lane Lewiston, MI Four championship golf courses, cross country skiing, dining, events and more. Experience ...	3 beds \| 3 baths \| 1,900 sq.ft.	$249,000	Airbnb cash on cash: -2.06% Traditional cash on cash: 5.87% Airbnb Rental Income: $1235 Traditional Rental Income: $2706 Airbnb ROI: -2.06% Traditional ROI: 5.87%
4440 W Cherry Creek Road Lewiston, MI This 117.25+/- acre property in Oscoda County offers a combination of size, setting and re...	3 beds \| 2 baths \| 2,570 sq.ft.	$399,000	Airbnb cash on cash: 0.16% Traditional cash on cash: 5.05% Airbnb Rental Income: $1235 Traditional Rental Income: $2668 Airbnb ROI: 0.16% Traditional ROI: 5.05%
6436 Big Wolf Lake Road Lewiston, MI This inviting 3-bed, 2-bath home offers 1,580 sq. ft. of comfortable living space, includi...	3 beds \| 2 baths \| 1,580 sq.ft.	$214,500	Airbnb cash on cash: 2.28% Traditional cash on cash: 10.89% Airbnb Rental Income: $1235 Traditional Rental Income: $2589 Airbnb ROI: 2.28% Traditional ROI: 10.89%
4055 Lake Street Lewiston, MI Discover exceptional lakefront living on East Twin Lake with this stunning 3-bedroom, 3.5-...	3 beds \| 4 baths \| 2,300 sq.ft.	$795,000	Airbnb cash on cash: -1.52% Traditional cash on cash: 2.39% Airbnb Rental Income: $1235 Traditional Rental Income: $3739 Airbnb ROI: -1.52% Traditional ROI: 2.39%
2224 Big Buck Drive Lewiston, MI Extremely well maintained & immaculate 3 bed 2 bath home with full walkout basement, attac...	3 beds \| 2 baths \| 3,120 sq.ft.	$249,000	Airbnb cash on cash: 1.76% Traditional cash on cash: 9.97% Airbnb Rental Income: $1235 Traditional Rental Income: $2772 Airbnb ROI: 1.76% Traditional ROI: 9.97%
1515 Fleming Road Lewiston, MI Experience the epitome of lakefront living at 1515 Fleming Rd. on beautiful East Twin Lake...	5 beds \| 3 baths \| 3,800 sq.ft.	$1,099,000	Airbnb cash on cash: 0.36% Traditional cash on cash: 1.83% Airbnb Rental Income: $2780 Traditional Rental Income: $3634 Airbnb ROI: 0.36% Traditional ROI: 1.83%
2740 Mary Ann Drive Lewiston, MI If you are looking to create your perfect Up North home or cabin, this is the property for...	2 beds \| 1 baths \| 1,238 sq.ft.	$125,000	Airbnb cash on cash: 1.91% Traditional cash on cash: 10.73% Airbnb Rental Income: $981 Traditional Rental Income: $1690 Airbnb ROI: 1.91% Traditional ROI: 10.73%
4338 Michelson Avenue Lewiston, MI Marvel at what quality workmanship looked like back in the day. This cute stone cottage of...	2 beds \| 1 baths \| 1,928 sq.ft.	$152,000	Airbnb cash on cash: 1.78% Traditional cash on cash: 9.54% Airbnb Rental Income: $981 Traditional Rental Income: $1757 Airbnb ROI: 1.78% Traditional ROI: 9.54%
2115 Big Buck Drive Lewiston, MI 4 bed, 1 bath home conveniently located close to town and near Garland Resort and nearby t...	4 beds \| 1 baths \| 892 sq.ft.	$140,000	Airbnb cash on cash: 6.27% Traditional cash on cash: 11.4% Airbnb Rental Income: $1675 Traditional Rental Income: $1895 Airbnb ROI: 6.27% Traditional ROI: 11.4%
2850 W Hill Road Lewiston, MI Discover your own slice of Up North paradise at this inviting 2-bedroom, 1-bath lake home ...	2 beds \| 1 baths \| 1,458 sq.ft.	$310,000	Airbnb cash on cash: 0.4% Traditional cash on cash: 5.16% Airbnb Rental Income: $981 Traditional Rental Income: $2016 Airbnb ROI: 0.4% Traditional ROI: 5.16%
719 Ruth Road Lewiston, MI 40 ACRES, with an immaculate 3 BEDROOM, 2 BATH HOME! PRIDE IN OWNERSHIP shows in this gate...	3 beds \| 2 baths \| 1,248 sq.ft.	$438,500	Airbnb cash on cash: 0.11% Traditional cash on cash: 3.14% Airbnb Rental Income: $1235 Traditional Rental Income: $2086 Airbnb ROI: 0.11% Traditional ROI: 3.14%
6221 County Road 612 Lewiston, MI Plenty of potential with this spacious 3 bed 2 bath home on 10 acres only 1 1/2 miles from...	3 beds \| 2 baths \| 2,007 sq.ft.	$225,000	Airbnb cash on cash: 2.07% Traditional cash on cash: 10.32% Airbnb Rental Income: $1235 Traditional Rental Income: $2597 Airbnb ROI: 2.07% Traditional ROI: 10.32%
3898 N Mielke Way Lewiston, MI This property is a little slice of heaven on one of the deepest lakes Lewiston has to offe...	2 beds \| 3 baths \| 1,938 sq.ft.	$699,900	Airbnb cash on cash: -0.65% Traditional cash on cash: 2.94% Airbnb Rental Income: $981 Traditional Rental Income: $2969 Airbnb ROI: -0.65% Traditional ROI: 2.94%
5736 E Vacationland Drive Lewiston, MI RARE OPPORTUNITY TO ENJOY PRIVACY, NATURE, AND ALL-SPORTS LAKEFRONT LIVING! Experience the...	2 beds \| 3 baths \| 2,672 sq.ft.	$599,000	Airbnb cash on cash: -0.52% Traditional cash on cash: 3.77% Airbnb Rental Income: $981 Traditional Rental Income: $3027 Airbnb ROI: -0.52% Traditional ROI: 3.77%
3841 S Mielke Way Lewiston, MI Welcome to 3841 S Mielke Way Rd, a charming house located in Lewiston, a unique opportunit...	3 beds \| 3 baths \| 1,550 sq.ft.	$720,000	Airbnb cash on cash: -0.3% Traditional cash on cash: 2.66% Airbnb Rental Income: $1235 Traditional Rental Income: $2831 Airbnb ROI: -0.3% Traditional ROI: 2.66%
3277 Marion Street Lewiston, MI This well maintained 2 bedroom, 2 bathroom home offers 1,100 square feet of thoughtfully d...	2 beds \| 1 baths \| 1,100 sq.ft.	$199,900	Airbnb cash on cash: 1.14% Traditional cash on cash: 6.99% Airbnb Rental Income: $981 Traditional Rental Income: $1739 Airbnb ROI: 1.14% Traditional ROI: 6.99%
3687 S Mielke Way Road Lewiston, MI Escape to the beauty of Tee Lake with this charming 2-bedroom, 1.5-bath waterfront retreat...	2 beds \| 2 baths \| 1,835 sq.ft.	$425,000	Airbnb cash on cash: -0.17% Traditional cash on cash: 1.12% Airbnb Rental Income: $981 Traditional Rental Income: $1146 Airbnb ROI: -0.17% Traditional ROI: 1.12%
3741 Twin Lakes Drive Lewiston, MI Escape to lakefront living with this beautiful 3-bedroom, 2-bath home featuring 110 feet o...	3 beds \| 2 baths \| 1,704 sq.ft.	$875,000	Airbnb cash on cash: -0.47% Traditional cash on cash: 2.03% Airbnb Rental Income: $1235 Traditional Rental Income: $2878 Airbnb ROI: -0.47% Traditional ROI: 2.03%
2885 Pine Street Lewiston, MI Enjoy private-shared access to desirable West Twin Lake in Fernwood Beach subdivision with...	3 beds \| 2 baths \| 1,120 sq.ft.	$240,000	Airbnb cash on cash: 1.64% Traditional cash on cash: 4.82% Airbnb Rental Income: $1235 Traditional Rental Income: $1563 Airbnb ROI: 1.64% Traditional ROI: 4.82%

Real Estate investment in Lewiston, MI

There are 48 properties for sale in the city of Lewiston . The median list price in Lewiston is $153,250 and the average price per square foot is $79. In July 2026, the average monthly cash on cash return in Lewiston is 7.00%. The average monthly rental income in Lewiston is $2,388.

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

There are 48 investment properties available for sale in Lewiston.

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

The ROI for Long-Term is higher than the Short-Term in Lewiston with average rental income of $2,388.

Your search for investment property begins and ends here

Investment Property for Sale in Lewiston, MI

5774 White Pine Drive

Lewiston, MI

3 beds | 2 baths | 1,456 sq.ft.

$199,900

Airbnb cash on cash: 2.46%

Traditional cash on cash: 10.13%

Airbnb Rental Income: $1235

Traditional Rental Income: $2296

Airbnb ROI: 2.46%

Traditional ROI: 10.13%

3313 Pleasant View Drive

Lewiston, MI

3 beds | 2 baths | 1,144 sq.ft.

$216,900

Airbnb cash on cash: 2.26%

Traditional cash on cash: 9.41%

Airbnb Rental Income: $1235

Traditional Rental Income: $2310

Airbnb ROI: 2.26%

Traditional ROI: 9.41%

5466 Big Wolf Lane

Lewiston, MI

2 beds | 2 baths | 1,752 sq.ft.

$214,500

Airbnb cash on cash: 0.12%

Traditional cash on cash: 8.2%

Airbnb Rental Income: $981

Traditional Rental Income: $2271

Airbnb ROI: 0.12%

Traditional ROI: 8.2%

592 Osprey Lane

Lewiston, MI

1 beds | 1 baths | 826 sq.ft.

$149,000

Airbnb cash on cash: -5.69%

Traditional cash on cash: 1.55%

Airbnb Rental Income: $349

Traditional Rental Income: $1134

Airbnb ROI: -5.69%

Traditional ROI: 1.55%

3880 N Marion Street

Lewiston, MI

5 beds | 3 baths | 2,645 sq.ft.

$510,000

Airbnb cash on cash: 2.42%

Traditional cash on cash: 5.27%

Airbnb Rental Income: $2780

Traditional Rental Income: $3484

Airbnb ROI: 2.42%

Traditional ROI: 5.27%

4447 Grant Drive

Lewiston, MI

4 beds | 2 baths | 1,428 sq.ft.

$699,000

Airbnb cash on cash: -0.37%

Traditional cash on cash: 1.78%

Airbnb Rental Income: $1675

Traditional Rental Income: $2607

Airbnb ROI: -0.37%

Traditional ROI: 1.78%

412 Monarch Trail

Lewiston, MI

5 beds | 4 baths | 6,070 sq.ft.

$919,000

Airbnb cash on cash: 0.89%

Traditional cash on cash: 2.94%

Airbnb Rental Income: $2780

Traditional Rental Income: $3879

Airbnb ROI: 0.89%

Traditional ROI: 2.94%

1570 E College Drive

Lewiston, MI

3 beds | 2 baths | 1,584 sq.ft.

$225,000

Airbnb cash on cash: 1.42%

Traditional cash on cash: 9.05%

Airbnb Rental Income: $1235

Traditional Rental Income: $2464

Airbnb ROI: 1.42%