Real Estate Investment Properties for Sale in Luther, MI
Looking for investment property in Luther, MI with high ROI ?
Explore a variety of short-term homes & houses in Luther, MI. Invest wisely with VRBO & Luther, 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 Luther, MI
| PROPERTY | DETAILS | SALE PRICE | INVESTMENT PERFORMANCE |
|---|---|---|---|
5423 N Karley CourtLuther, MIEscape to this beautiful Pine River retreat featuring 2.5 lots and approximately 170 feet ... |
3 beds | 1 baths | 1,216 sq.ft. |
$149,900 |
Airbnb cash on cash: 1.99%
|
303 WolfeLuther, MINorthern Michigan Adventure Awaits in Luther! This charming 3 bedroom, 1 bath home in Lut... |
3 beds | 1 baths | 1,507 sq.ft. |
$194,900 |
Airbnb cash on cash: 1.04%
|
201 Birch StreetLuther, MI4 BEDROOM HOME WITH A 2 CAR GARAGE ON A LARGE CORNER LOT - COME CHECK IT OUT! |
4 beds | 1 baths | 1,400 sq.ft. |
$140,000 |
Airbnb cash on cash: N/A
|
3943 N Skookum RoadLuther, MIUnique 670-acre private campus property in Northern Michigan offering a rare opportunity f... |
N/A beds | N/A baths | 22,755 sq.ft. |
$6,200,000 |
Airbnb cash on cash: N/A
|
4141 E Jost DriveLuther, MINestled on 10 secluded wooded acres with 720 sq ft of living space. This 2 bedroom / 1 bat... |
2 beds | 1 baths | 720 sq.ft. |
$220,000 |
Airbnb cash on cash: N/A
|
10978 E Eight Mile RoadLuther, MIVersatile two-story commercial building offering a unique opportunity for a variety of fut... |
N/A beds | N/A baths | 2,788 sq.ft. |
$129,000 |
Airbnb cash on cash: N/A
|
9239 E Eight Mile RoadLuther, MIRare opportunity to own a168 acre hospitality business directly across from the Manistee N... |
N/A beds | N/A baths | 4,200 sq.ft. |
$1,189,000 |
Airbnb cash on cash: N/A
|
4395 N Raymond RoadLuther, MITucked back off the paved road on 14.35 acres, this property feels like a world away. Idea... |
3 beds | 3 baths | 1,949 sq.ft. |
$430,000 |
Airbnb cash on cash: -0.44%
|
10319 E 4 1/2 Mile RoadLuther, MIWelcome to this one-owner ranch home nestled on 5 beautiful wooded acres. This well-mainta... |
3 beds | 3 baths | 2,498 sq.ft. |
$385,000 |
Airbnb cash on cash: 0.25%
|
1255 E Chickadee LaneLuther, MISecluded 4-Acre Riverfront Sanctuary with Private Pond and Dual Garages Escape to your per... |
3 beds | 3 baths | 2,800 sq.ft. |
$269,900 |
Airbnb cash on cash: 1.03%
|
Real Estate investment in Luther, MI
There are 10 properties for sale in the city of Luther . The median list price in Luther is $172,400 and the average price per square foot is $52. In April 2026, the average monthly cash on cash return in Luther is 6.00%. The average monthly rental income in Luther is $1,653.