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 |
|---|---|---|---|
23505 Craig LakeMichigamme, MISecluded on 40 acres of mature hardwood, this 3-bedroom, 2-bathroom cabin features 1,255 s... |
3 beds | 2 baths | 1,255 sq.ft. |
$310,000 |
Airbnb cash on cash: 0.99%
|
23505 CRAIG LAKE ROADMichigamme, MISecluded on 40 acres of mature hardwood, this 3-bedroom, 2-bathroom cabin features 1,255 s... |
3 beds | 2 baths | 1,255 sq.ft. |
$310,000 |
Airbnb cash on cash: 0.99%
|
19495 S NestoriaMichigamme, MIDiscover your own secluded wilderness paradise on this sprawling 400-acre hunting camp, ne... |
4 beds | N/A baths | 748 sq.ft. |
$649,900 |
Airbnb cash on cash: N/A
|
25358 BranchMichigamme, MINestled at the private end of Beaufort Lake, in the picturesque Three Lakes area, this wat... |
2 beds | 3 baths | 1,304 sq.ft. |
$299,900 |
Airbnb cash on cash: N/A
|
1 RAMSEY ISLANDMichigamme, MIBE ON YOUR OWN PRIVATE ISLAND - A BEAUTIFUL LOG HOME WITH A GUEST HOUSE IN THE SCENIC UPPE... |
4 beds | 2 baths | 3,523 sq.ft. |
$2,400,000 |
Airbnb cash on cash: N/A
|
25358 Branch RoadMichigamme, MINestled at the private end of Beaufort Lake, in the picturesque Three Lakes area, this wat... |
2 beds | 3 baths | 1,304 sq.ft. |
$325,000 |
Airbnb cash on cash: N/A
|
Island Number 2 Gitche Manitou IslandMichigamme, MIMICHIGAN ISLAND FOR SALE! Discover the ultimate private paradise retreat on Gitchee Manito... |
1 beds | 1 baths | 812 sq.ft. |
$1,480,000 |
Airbnb cash on cash: -1.88%
|
509 Red RdMichigamme, MIThis newly built Modern-Style Waterfront Home, suitable for year-round living or as a seas... |
3 beds | 3 baths | 1,227 sq.ft. |
$749,000 |
Airbnb cash on cash: -0.1%
|
27470 US 41Michigamme, MIYOUR PERFECT UPPER PENINSULA GETAWAY! Discover your perfect wilderness retreat nestled in ... |
2 beds | 1 baths | 588 sq.ft. |
$208,000 |
Airbnb cash on cash: N/A
|
TBD Gitche Manitou IslandMichigamme, MIMICHIGAN ISLAND FOR SALE! Discover the ultimate private paradise retreat on Gitchee Manito... |
1 beds | 1 baths | N/A |
$1,480,000 |
Airbnb cash on cash: -2.22%
|
27470 US 41 HighwayMichigamme, MIYOUR PERFECT UPPER PENINSULA GETAWAY! Discover your perfect wilderness retreat nestled in ... |
2 beds | 1 baths | N/A |
$208,000 |
Airbnb cash on cash: N/A
|
Real Estate investment in Michigamme, MI
There are 11 properties for sale in the city of Michigamme . The median list price in Michigamme is $325,000 and the average price per square foot is $243. In September 2025, the average monthly cash on cash return in Michigamme is 3.00%. The average monthly rental income in Michigamme is $1,822.