Real Estate Investment Properties for Sale in Michigamme, MI
Looking for investment property in Michigamme, MI with high ROI ?
Explore a variety of short-term homes & houses in Michigamme, MI. Invest wisely with VRBO & Michigamme, 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 Michigamme, MI
| PROPERTY | DETAILS | SALE PRICE | INVESTMENT PERFORMANCE |
|---|---|---|---|
Ramsey IslandMichigamme, MIA truly one-of-a-kind private island estate! Situated in the heart of Lake Michigamme, thi... |
4 beds | 2 baths | 2,872 sq.ft. |
$2,299,000 |
Airbnb cash on cash: -1.78%
|
19495 S Nestoria RdMichigamme, MIMajor price reduction! Seller retiring and highly motivated! This is your chance to secure... |
4 beds | N/A baths | 748 sq.ft. |
$475,000 |
Airbnb cash on cash: 1.09%
|
279 Black RdMichigamme, MI279 Black Rd, Michigamme, MI 49861 | Single Family Residential |
6 beds | 3 baths | 2,863 sq.ft. |
$1,299,900 |
Airbnb cash on cash: -1.15%
|
Off Indian RdMichigamme, MIOff Indian Rd, Michigamme, MI 49861 | Other |
N/A beds | N/A baths | N/A |
$450,000 |
Airbnb cash on cash: N/A
|
Off Indian Lake RdMichigamme, MIOff Indian Lake Rd, Michigamme, MI 49861 | Other |
N/A beds | N/A baths | N/A |
$450,000 |
Airbnb cash on cash: N/A
|
Lake Arvid Off Indian RdMichigamme, MILake Arvid Off Indian Rd, Michigamme, MI 49861 | Other |
N/A beds | N/A baths | N/A |
$1,490,000 |
Airbnb cash on cash: N/A
|
21415 Petticoat RdMichigamme, MI21415 Petticoat Rd, Michigamme, MI 49861 | Other |
N/A beds | N/A baths | N/A |
$135,000 |
Airbnb cash on cash: N/A
|
28278 E Fence RdMichigamme, MIPrivate 14.2-Acre Waterfront Sanctuary. Seclusion and luxury await you at this handcrafted... |
4 beds | 3 baths | 3,712 sq.ft. |
$1,595,000 |
Airbnb cash on cash: -1.48%
|
TBD Cut Across RdMichigamme, MIThe kind of getaway most people only dream about! Tucked away on a beautifully private 40-... |
1 beds | 1 baths | 792 sq.ft. |
$219,000 |
Airbnb cash on cash: -0.85%
|
25048 George Lake RdMichigamme, MICharming 3-Bedroom Home on 3.2 Acres with Endless Potential! If you've been looking for a ... |
3 beds | 1 baths | 1,656 sq.ft. |
$230,000 |
Airbnb cash on cash: 1.93%
|
26173 Tamarack StMichigamme, MI26173 Tamarack St, Michigamme, MI 49861 | Single Family Residential |
3 beds | 2 baths | 1,941 sq.ft. |
$485,000 |
Airbnb cash on cash: -0.4%
|
24797 Ruth Lake RoadMichigamme, MIWelcome to your own slice of Upper Peninsula serenity at 24797 Ruth Lake Road in Michigamm... |
2 beds | 1 baths | 1,152 sq.ft. |
$174,900 |
Airbnb cash on cash: N/A
|
26597 N Fence RdMichigamme, MI26597 N Fence Lake Rd, Michigamme, MI 49861 | Single Family Residential |
4 beds | 3 baths | 3,100 sq.ft. |
$1,250,000 |
Airbnb cash on cash: -1.19%
|
19399 Peshekee Grade RdMichigamme, MI19399 Peshekee Grade Rd, Michigamme, MI 49946 | Other |
N/A beds | N/A baths | N/A |
$149,900 |
Airbnb cash on cash: N/A
|
33 Tan RdMichigamme, MI33 Tan Rd, Michigamme, MI 49861 | Single Family Residential |
3 beds | 2 baths | 1,701 sq.ft. |
$765,000 |
Airbnb cash on cash: -1.17%
|
541 Red RdMichigamme, MI541 Red Rd, Michigamme, MI 49861 | Single Family Residential |
4 beds | 2 baths | 1,296 sq.ft. |
$695,000 |
Airbnb cash on cash: -0.09%
|
209 E Main StMichigamme, MI209 E Main St, Michigamme, MI 49861 | Single Family Residential |
2 beds | 1 baths | 1,740 sq.ft. |
$219,000 |
Airbnb cash on cash: N/A
|
Real Estate investment in Michigamme, MI
There are 19 properties for sale in the city of Michigamme . The median list price in Michigamme is $42,600 and the average price per square foot is $23. In August 2026, the average monthly cash on cash return in Michigamme is 2.00%. The average monthly rental income in Michigamme is $1,926.