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
5435 Co Rd 612 Lewiston, MI Ranch home on 1.83 acres in LEWISTON - This cozy 3 bedroom 2 full bath home is setting nic...	3 beds \| 2 baths \| 1,144 sq.ft.	$198,900	Airbnb cash on cash: 3.48% Traditional cash on cash: 8.3% Airbnb Rental Income: $1662 Traditional Rental Income: $2107 Airbnb ROI: 3.48% Traditional ROI: 8.3%
3313 Pleasant View Drive Lewiston, MI WEST TWIN LAKE ACCESS - in Lewiston, this spacious 3 bedroom 2 full bath ranch home has it...	3 beds \| 2 baths \| 1,144 sq.ft.	$217,900	Airbnb cash on cash: 3.97% Traditional cash on cash: 9.36% Airbnb Rental Income: $1662 Traditional Rental Income: $2310 Airbnb ROI: 3.97% Traditional ROI: 9.36%
4170 Grant Drive Lewiston, MI Charming 3-Bedroom, 4-Bathroom Home with Finished Basement, Outdoor Oasis, and Lake Access...	3 beds \| 3 baths \| 3,048 sq.ft.	$359,900	Airbnb cash on cash: 0.95% Traditional cash on cash: 7.01% Airbnb Rental Income: $1662 Traditional Rental Income: $3241 Airbnb ROI: 0.95% Traditional ROI: 7.01%
4210 County Road 491 Lewiston, MI HUNTERS AND SNOWMOBILIERS this 3-bedroom 2 bath home on 10 wooded acres is ready for the H...	2 beds \| 2 baths \| 1,232 sq.ft.	$280,000	Airbnb cash on cash: 0.13% Traditional cash on cash: 6.02% Airbnb Rental Income: $812 Traditional Rental Income: $2041 Airbnb ROI: 0.13% Traditional ROI: 6.02%
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: 6.2% Traditional cash on cash: 2.94% Airbnb Rental Income: $8224 Traditional Rental Income: $3879 Airbnb ROI: 6.2% Traditional ROI: 2.94%
1161 Lagoon Street Lewiston, MI Own your very own island paradise with this stunning 4 bed, 3 bath custom Amish-designed h...	4 beds \| 3 baths \| 3,800 sq.ft.	$1,599,000	Airbnb cash on cash: -1.49% Traditional cash on cash: -0.31% Airbnb Rental Income: $2216 Traditional Rental Income: $3417 Airbnb ROI: -1.49% Traditional ROI: -0.31%
5736 Vacationland Drive Lewiston, MI A Tee Lake beauty with 112 feet of lake frontage on this All-Sports lake. This custom buil...	3 beds \| 2 baths \| 2,672 sq.ft.	$599,000	Airbnb cash on cash: 0.51% Traditional cash on cash: 4.36% Airbnb Rental Income: $1662 Traditional Rental Income: $3345 Airbnb ROI: 0.51% Traditional ROI: 4.36%
3163 N Red Oak Road Lewiston, MI With a little effort and creativity, this property could become your dream home! Formerly ...	1 beds \| 1 baths \| 6,000 sq.ft.	$189,000	Airbnb cash on cash: N/A Traditional cash on cash: 7.4% Airbnb Rental Income: $null Traditional Rental Income: $1907 Airbnb ROI: N/A Traditional ROI: 7.4%
4565 Grant Drive Lewiston, MI A rare and versatile lakeside retreat offering 100 feet of private frontage on beautiful E...	3 beds \| 3 baths \| 2,150 sq.ft.	$750,000	Airbnb cash on cash: 0.2% Traditional cash on cash: 3.41% Airbnb Rental Income: $1662 Traditional Rental Income: $3443 Airbnb ROI: 0.2% Traditional ROI: 3.41%
1570 E College Drive Lewiston, MI This beautiful home is located in the heart of Lewiston, a welcoming Northern Michigan com...	3 beds \| 2 baths \| 1,584 sq.ft.	$225,000	Airbnb cash on cash: 3.32% Traditional cash on cash: 9.28% Airbnb Rental Income: $1662 Traditional Rental Income: $2464 Airbnb ROI: 3.32% Traditional ROI: 9.28%
3983 S Mielke Way Road Lewiston, MI Amazing lake views and just steps to the lake. The sandy bottom is great to walk right int...	2 beds \| 1 baths \| 748 sq.ft.	$325,000	Airbnb cash on cash: -1.23% Traditional cash on cash: 2.7% Airbnb Rental Income: $812 Traditional Rental Income: $1688 Airbnb ROI: -1.23% Traditional ROI: 2.7%
5569 Wilfred Street Lewiston, MI Whether you're setting out on your own, growing your family, or searching for a weekend re...	2 beds \| 2 baths \| 980 sq.ft.	$140,000	Airbnb cash on cash: 0.43% Traditional cash on cash: 10.23% Airbnb Rental Income: $812 Traditional Rental Income: $1804 Airbnb ROI: 0.43% Traditional ROI: 10.23%
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 \| 2 baths \| 2,980 sq.ft.	$264,900	Airbnb cash on cash: 2.83% Traditional cash on cash: 11.17% Airbnb Rental Income: $1662 Traditional Rental Income: $3280 Airbnb ROI: 2.83% Traditional ROI: 11.17%
2912 Birch Street Lewiston, MI Just turn the key. This adorable home has shared private sandy lake access to All-Sports W...	2 beds \| 2 baths \| 960 sq.ft.	$230,000	Airbnb cash on cash: 0.04% Traditional cash on cash: 6.86% Airbnb Rental Income: $812 Traditional Rental Income: $1972 Airbnb ROI: 0.04% Traditional ROI: 6.86%
4018 Tee Lake Woods Road Lewiston, MI GORGEOUS WATERFRONT LAKE HOME on desirable Tee Lake in Lewiston. This home sits on one of ...	3 beds \| 2 baths \| 1,729 sq.ft.	$475,000	Airbnb cash on cash: 0.91% Traditional cash on cash: 4.52% Airbnb Rental Income: $1662 Traditional Rental Income: $2803 Airbnb ROI: 0.91% Traditional ROI: 4.52%
2861 Buttles Road Lewiston, MI With fabulous VIEWS & ACCESS to EAST TWIN LAKE, this home is in the perfect location, with...	3 beds \| 2 baths \| 1,312 sq.ft.	$250,000	Airbnb cash on cash: 3.05% Traditional cash on cash: 6.95% Airbnb Rental Income: $1662 Traditional Rental Income: $2118 Airbnb ROI: 3.05% Traditional ROI: 6.95%
3519 Richard Street Lewiston, MI A beautiful Up North oasis - This charming log sided home has access to all-sports East Tw...	2 beds \| 2 baths \| 1,200 sq.ft.	$199,000	Airbnb cash on cash: 0.21% Traditional cash on cash: 9.27% Airbnb Rental Income: $812 Traditional Rental Income: $2198 Airbnb ROI: 0.21% Traditional ROI: 9.27%
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.	$150,000	Airbnb cash on cash: 1.37% Traditional cash on cash: 10.02% Airbnb Rental Income: $812 Traditional Rental Income: $1730 Airbnb ROI: 1.37% Traditional ROI: 10.02%
2705 S County Road 489 Lewiston, MI Tucked just outside downtown Lewiston, this updated 2-bedroom, 1-bath home sits on 1.88 ac...	2 beds \| 1 baths \| 1,215 sq.ft.	$175,000	Airbnb cash on cash: 0.93% Traditional cash on cash: 8.39% Airbnb Rental Income: $812 Traditional Rental Income: $1731 Airbnb ROI: 0.93% Traditional ROI: 8.39%
1479 Park Drive Lewiston, MI WEST TWIN LAKE ACCESS - Located in Lewiston, this ranch-style home features three bedrooms...	3 beds \| 2 baths \| 1,309 sq.ft.	$190,000	Airbnb cash on cash: 4.56% Traditional cash on cash: 11.27% Airbnb Rental Income: $1662 Traditional Rental Income: $2408 Airbnb ROI: 4.56% Traditional ROI: 11.27%
3044 Marion Street Lewiston, MI READY-TO-FINISH \| WATERVIEW \| SHARED-PRIVATE LAKE ACCESS \| ALL-SPORTS WEST TWIN LAKE - Bri...	2 beds \| 1 baths \| 876 sq.ft.	$165,000	Airbnb cash on cash: 0.35% Traditional cash on cash: 7.84% Airbnb Rental Income: $812 Traditional Rental Income: $1666 Airbnb ROI: 0.35% Traditional ROI: 7.84%
4672 Birch Grove Court Lewiston, MI Discover the perfect blend of comfort, and privacy in this beautifully updated 3-bedroom h...	3 beds \| 2 baths \| 1,236 sq.ft.	$199,500	Airbnb cash on cash: 4.28% Traditional cash on cash: 9.32% Airbnb Rental Income: $1662 Traditional Rental Income: $2150 Airbnb ROI: 4.28% Traditional ROI: 9.32%
2575 Marion Street Lewiston, MI WEST TWIN LAKE - Experience 'Lake Living' to the fullest! in this stunning 3-bed, 2-bath t...	3 beds \| 2 baths \| 2,652 sq.ft.	$567,000	Airbnb cash on cash: -0.06% Traditional cash on cash: 3.42% Airbnb Rental Income: $1662 Traditional Rental Income: $3042 Airbnb ROI: -0.06% Traditional ROI: 3.42%

Real Estate investment in Lewiston, MI

There are 25 properties for sale in the city of Lewiston . The median list price in Lewiston is $225,000 and the average price per square foot is $115. In December 2025, the average monthly cash on cash return in Lewiston is 8.00%. The average monthly rental income in Lewiston is $2,310.

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

There are 25 investment properties available for sale in Lewiston.

In 2025, 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 $2,310.

Your search for investment property begins and ends here

Investment Property for Sale in Lewiston, MI

5435 Co Rd 612

Lewiston, MI

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

$198,900

Airbnb cash on cash: 3.48%

Traditional cash on cash: 8.3%

Airbnb Rental Income: $1662

Traditional Rental Income: $2107

Airbnb ROI: 3.48%

Traditional ROI: 8.3%

3313 Pleasant View Drive

Lewiston, MI

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

$217,900

Airbnb cash on cash: 3.97%

Traditional cash on cash: 9.36%

Airbnb Rental Income: $1662

Traditional Rental Income: $2310

Airbnb ROI: 3.97%

Traditional ROI: 9.36%

4170 Grant Drive

Lewiston, MI

3 beds | 3 baths | 3,048 sq.ft.

$359,900

Airbnb cash on cash: 0.95%

Traditional cash on cash: 7.01%

Airbnb Rental Income: $1662

Traditional Rental Income: $3241

Airbnb ROI: 0.95%

Traditional ROI: 7.01%

4210 County Road 491

Lewiston, MI

2 beds | 2 baths | 1,232 sq.ft.

$280,000

Airbnb cash on cash: 0.13%

Traditional cash on cash: 6.02%

Airbnb Rental Income: $812

Traditional Rental Income: $2041

Airbnb ROI: 0.13%

Traditional ROI: 6.02%

412 Monarch Trail

Lewiston, MI

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

$919,000

Airbnb cash on cash: 6.2%

Traditional cash on cash: 2.94%

Airbnb Rental Income: $8224

Traditional Rental Income: $3879

Airbnb ROI: 6.2%

Traditional ROI: 2.94%

1161 Lagoon Street

Lewiston, MI

4 beds | 3 baths | 3,800 sq.ft.

$1,599,000

Airbnb cash on cash: -1.49%

Traditional cash on cash: -0.31%

Airbnb Rental Income: $2216

Traditional Rental Income: $3417

Airbnb ROI: -1.49%

Traditional ROI: -0.31%

5736 Vacationland Drive

Lewiston, MI

3 beds | 2 baths | 2,672 sq.ft.

$599,000

Airbnb cash on cash: 0.51%

Traditional cash on cash: 4.36%

Airbnb Rental Income: $1662

Traditional Rental Income: $3345

Airbnb ROI: 0.51%

Traditional ROI: 4.36%

3163 N Red Oak Road

Lewiston, MI

1 beds | 1 baths | 6,000 sq.ft.

$189,000

Airbnb cash on cash: N/A

Traditional cash on cash: 7.4%

Airbnb Rental Income: $null

Traditional Rental Income: $1907

Airbnb ROI: N/A