Real Estate Investment Properties for Sale in Negaunee, MI

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

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

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
107 E Peck St Negaunee, MI Conveniently located Negaunee home with practical features! Parks, Teal Lake beach, walkin...	3 beds \| 1 baths \| 1,653 sq.ft.	$235,000	Airbnb cash on cash: 1.83% Traditional cash on cash: 5.91% Airbnb Rental Income: $1498 Traditional Rental Income: $1966 Airbnb ROI: 1.83% Traditional ROI: 5.91%
101 Houghton St Negaunee, MI Welcome to this delightful updated 4 bed/1.5 bath home in a quiet Negaunee neighborhood. D...	4 beds \| 1 baths \| 1,994 sq.ft.	$329,000	Airbnb cash on cash: N/A Traditional cash on cash: 2.88% Airbnb Rental Income: $null Traditional Rental Income: $1765 Airbnb ROI: N/A Traditional ROI: 2.88%
US Highway 41 Negaunee, MI US Highway 41, Negaunee, MI 49849 \| Other	N/A beds \| N/A baths \| N/A	$79,000	Airbnb cash on cash: 0.33% Traditional cash on cash: 4.76% Airbnb Rental Income: $601 Traditional Rental Income: $656 Airbnb ROI: 0.33% Traditional ROI: 4.76%
213 Sunset Dr Negaunee, MI 213 Sunset Dr, Negaunee, MI 49866 \| Single Family Residential	3 beds \| 2 baths \| 1,460 sq.ft.	$427,188	Airbnb cash on cash: -0.16% Traditional cash on cash: 1.82% Airbnb Rental Income: $1498 Traditional Rental Income: $1852 Airbnb ROI: -0.16% Traditional ROI: 1.82%
360 E US41/M28 Hwy Negaunee, MI 360 E US41/M28 Hwy, Negaunee, MI 49866 \| Other	N/A beds \| N/A baths \| N/A	$970,000	Airbnb cash on cash: -2.29% Traditional cash on cash: -2.02% Airbnb Rental Income: $601 Traditional Rental Income: $550 Airbnb ROI: -2.29% Traditional ROI: -2.02%
362 E US41/M28 Hwy Negaunee, MI 362 E US41/M28 Hwy, Negaunee, MI 49866 \| Other	N/A beds \| N/A baths \| N/A	$995,000	Airbnb cash on cash: -2.29% Traditional cash on cash: -2.05% Airbnb Rental Income: $601 Traditional Rental Income: $539 Airbnb ROI: -2.29% Traditional ROI: -2.05%
209 Sunset Drive Dr Negaunee, MI 209 Sunset Drive Dr, Negaunee, MI 49866 \| Single Family Residential	3 beds \| 2 baths \| 1,300 sq.ft.	$424,900	Airbnb cash on cash: -0.15% Traditional cash on cash: 1.68% Airbnb Rental Income: $1498 Traditional Rental Income: $1787 Airbnb ROI: -0.15% Traditional ROI: 1.68%
Parcel 9 Co Rd 510 Rd Negaunee, MI Parcel 9 Co Rd 510 Rd, Negaunee, MI 49866 \| Other	N/A beds \| N/A baths \| N/A	$100,000	Airbnb cash on cash: -0.24% Traditional cash on cash: 2.21% Airbnb Rental Income: $601 Traditional Rental Income: $550 Airbnb ROI: -0.24% Traditional ROI: 2.21%
Parcel 1A Bridgeview Ln Negaunee, MI Parcel 1A Bridgeview Ln, Negaunee, MI 49866 \| Other	N/A beds \| N/A baths \| N/A	$92,900	Airbnb cash on cash: -0.08% Traditional cash on cash: 2.55% Airbnb Rental Income: $601 Traditional Rental Income: $550 Airbnb ROI: -0.08% Traditional ROI: 2.55%
260 Water St Negaunee, MI 260 Water St, Negaunee, MI 49866 \| Other	N/A beds \| N/A baths \| N/A	$53,000	Airbnb cash on cash: 1.61% Traditional cash on cash: 6.04% Airbnb Rental Income: $601 Traditional Rental Income: $550 Airbnb ROI: 1.61% Traditional ROI: 6.04%
349 E US41 Hwy Negaunee, MI 349 E US41 Hwy, Negaunee, MI 49855 \| Other	N/A beds \| N/A baths \| N/A	$1,400,000	Airbnb cash on cash: -2.36% Traditional cash on cash: -2.18% Airbnb Rental Income: $601 Traditional Rental Income: $550 Airbnb ROI: -2.36% Traditional ROI: -2.18%
TBD E US41/M28 Hwy Negaunee, MI TBD E US41/M28 Hwy, Negaunee, MI 49866 \| Other	N/A beds \| N/A baths \| N/A	$294,000	Airbnb cash on cash: -1.73% Traditional cash on cash: -0.87% Airbnb Rental Income: $601 Traditional Rental Income: $550 Airbnb ROI: -1.73% Traditional ROI: -0.87%
0000 County Road 492 Hwy Negaunee, MI 0000 County Road 492 Hwy, Negaunee, MI 49866 \| Other	N/A beds \| N/A baths \| N/A	$665,000	Airbnb cash on cash: -2.18% Traditional cash on cash: -1.7% Airbnb Rental Income: $601 Traditional Rental Income: $605 Airbnb ROI: -2.18% Traditional ROI: -1.7%
Near Krooks Dr Negaunee, MI Near Krooks Dr, Negaunee, MI 49866 \| Other	N/A beds \| N/A baths \| N/A	$344,250	Airbnb cash on cash: -1.85% Traditional cash on cash: -0.95% Airbnb Rental Income: $601 Traditional Rental Income: $601 Airbnb ROI: -1.85% Traditional ROI: -0.95%
TBD E Wilderness Rd Negaunee, MI TBD E Wilderness Rd, Negaunee, MI 49866 \| Other	N/A beds \| N/A baths \| N/A	$219,900	Airbnb cash on cash: -1.46% Traditional cash on cash: -0.08% Airbnb Rental Income: $601 Traditional Rental Income: $601 Airbnb ROI: -1.46% Traditional ROI: -0.08%
148 Woodland Dr Negaunee, MI 148 Woodland Dr, Negaunee, MI 49866 \| Single Family Residential	3 beds \| 2 baths \| 1,506 sq.ft.	$464,900	Airbnb cash on cash: -0.35% Traditional cash on cash: 2.04% Airbnb Rental Income: $1498 Traditional Rental Income: $2103 Airbnb ROI: -0.35% Traditional ROI: 2.04%
150 Woodland Dr Negaunee, MI 150 Woodland Dr, Negaunee, MI 49866 \| Single Family Residential	3 beds \| 2 baths \| 1,620 sq.ft.	$489,900	Airbnb cash on cash: -0.46% Traditional cash on cash: 1.91% Airbnb Rental Income: $1498 Traditional Rental Income: $2147 Airbnb ROI: -0.46% Traditional ROI: 1.91%
313 N Pioneer Ave Negaunee, MI Welcome home to this beautifully updated 3-bedroom, 1.5-bath property in the heart of Nega...	3 beds \| 1 baths \| 1,370 sq.ft.	$189,900	Airbnb cash on cash: 2.84% Traditional cash on cash: 8.64% Airbnb Rental Income: $1498 Traditional Rental Income: $2106 Airbnb ROI: 2.84% Traditional ROI: 8.64%
TBD Road One Rd Negaunee, MI TBD Road One Rd, Negaunee, MI 49849 \| Other	N/A beds \| N/A baths \| N/A	$124,900	Airbnb cash on cash: -0.68% Traditional cash on cash: 2.19% Airbnb Rental Income: $601 Traditional Rental Income: $657 Airbnb ROI: -0.68% Traditional ROI: 2.19%
414 Peninsula St Negaunee, MI Set on Peninsula Street in the heart of Negaunee, this 1939 1.5-story home has a way of fe...	3 beds \| 1 baths \| 1,195 sq.ft.	$235,000	Airbnb cash on cash: 1.83% Traditional cash on cash: 5.84% Airbnb Rental Income: $1498 Traditional Rental Income: $1950 Airbnb ROI: 1.83% Traditional ROI: 5.84%
801 E US 41 Hwy Negaunee, MI 801 E US 41 Hwy, Negaunee, MI 49866 \| Other	N/A beds \| N/A baths \| N/A	$599,000	Airbnb cash on cash: -2.14% Traditional cash on cash: -1.53% Airbnb Rental Income: $601 Traditional Rental Income: $654 Airbnb ROI: -2.14% Traditional ROI: -1.53%
TBD US 41 Hwy #Parcel D Negaunee, MI TBD US 41 Hwy #Parcel D, Negaunee, MI 49866 \| Other	N/A beds \| N/A baths \| N/A	$199,000	Airbnb cash on cash: -1.35% Traditional cash on cash: 0.47% Airbnb Rental Income: $601 Traditional Rental Income: $656 Airbnb ROI: -1.35% Traditional ROI: 0.47%
TBD E US 41 Hwy #Parcel C Negaunee, MI TBD E US 41 Hwy #Parcel C, Negaunee, MI 49866 \| Other	N/A beds \| N/A baths \| N/A	$199,000	Airbnb cash on cash: -1.35% Traditional cash on cash: 0.46% Airbnb Rental Income: $601 Traditional Rental Income: $654 Airbnb ROI: -1.35% Traditional ROI: 0.46%
148 Chippewa Dr Negaunee, MI Tucked away on 8.79 beautifully wooded acres within the City of Negaunee, this one-of-a-ki...	3 beds \| 3 baths \| 3,255 sq.ft.	$1,300,000	Airbnb cash on cash: -1.26% Traditional cash on cash: 0.74% Airbnb Rental Income: $1498 Traditional Rental Income: $3474 Airbnb ROI: -1.26% Traditional ROI: 0.74%
423 County Rd Negaunee, MI Charming 3-Bedroom Home in Negaunee City - Large Deck, Great Potential! Discover this well...	3 beds \| 1 baths \| 1,278 sq.ft.	$143,500	Airbnb cash on cash: 4.84% Traditional cash on cash: 9% Airbnb Rental Income: $1498 Traditional Rental Income: $1631 Airbnb ROI: 4.84% Traditional ROI: 9%
1575 N Baldwin Ave Negaunee, MI 1575 N Baldwin Ave, Negaunee, MI 49866 \| Single Family Residential	4 beds \| 2 baths \| 2,042 sq.ft.	$649,900	Airbnb cash on cash: N/A Traditional cash on cash: 1.03% Airbnb Rental Income: $null Traditional Rental Income: $2254 Airbnb ROI: N/A Traditional ROI: 1.03%
205 Bussone Dr Negaunee, MI 205 Bussone Dr, Negaunee, MI 49866 \| Single Family Residential	4 beds \| 4 baths \| 1,992 sq.ft.	$829,000	Airbnb cash on cash: N/A Traditional cash on cash: 0.78% Airbnb Rental Income: $null Traditional Rental Income: $2647 Airbnb ROI: N/A Traditional ROI: 0.78%
119 McClure Dam Rd Negaunee, MI 119 McClure Dam Rd, Negaunee, MI 49866 \| Single Family Residential	3 beds \| 2 baths \| 1,216 sq.ft.	$758,500	Airbnb cash on cash: -1.16% Traditional cash on cash: -0.31% Airbnb Rental Income: $1498 Traditional Rental Income: $1662 Airbnb ROI: -1.16% Traditional ROI: -0.31%
324 County Road 480 Rd Negaunee, MI 324 County Road 480 Rd, Negaunee, MI 49866 \| Single Family Residential	7 beds \| 3 baths \| 2,774 sq.ft.	$799,500	Airbnb cash on cash: -1.12% Traditional cash on cash: 1.08% Airbnb Rental Income: $1603 Traditional Rental Income: $2780 Airbnb ROI: -1.12% Traditional ROI: 1.08%
TBD Oak St Negaunee, MI TBD Oak St, Negaunee, MI 49866 \| Other	N/A beds \| N/A baths \| N/A	$99,000	Airbnb cash on cash: -0.22% Traditional cash on cash: 3.33% Airbnb Rental Income: $601 Traditional Rental Income: $654 Airbnb ROI: -0.22% Traditional ROI: 3.33%
Off Hoist Rd Negaunee, MI Off Hoist Rd, Negaunee, MI 49866 \| Other	N/A beds \| N/A baths \| N/A	$1,015,000	Airbnb cash on cash: -2.3% Traditional cash on cash: -1.94% Airbnb Rental Income: $601 Traditional Rental Income: $656 Airbnb ROI: -2.3% Traditional ROI: -1.94%
TBD McClure Dam Rd Negaunee, MI TBD McClure Dam Rd, Negaunee, MI 49866 \| Other	N/A beds \| N/A baths \| N/A	$79,900	Airbnb cash on cash: 0.29% Traditional cash on cash: 4.67% Airbnb Rental Income: $601 Traditional Rental Income: $656 Airbnb ROI: 0.29% Traditional ROI: 4.67%
604 Carr St Negaunee, MI Charming and well-maintained home located in the City of Negaunee! You'll appreciate the m...	3 beds \| 1 baths \| 1,218 sq.ft.	$219,900	Airbnb cash on cash: 3.19% Traditional cash on cash: 6.57% Airbnb Rental Income: $1498 Traditional Rental Income: $1764 Airbnb ROI: 3.19% Traditional ROI: 6.57%

Real Estate investment in Negaunee, MI

There are 57 properties for sale in the city of Negaunee . The median list price in Negaunee is $261,843 and the average price per square foot is $154. In July 2026, the average monthly cash on cash return in Negaunee is 3.00%. The average monthly rental income in Negaunee is $1,455.

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

There are 57 investment properties available for sale in Negaunee.

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

The ROI for Short-Term is higher than the Long-Term in Negaunee with average rental income of $1,353.

Your search for investment property begins and ends here

Investment Property for Sale in Negaunee, MI

107 E Peck St

Negaunee, MI

3 beds | 1 baths | 1,653 sq.ft.

$235,000

Airbnb cash on cash: 1.83%

Traditional cash on cash: 5.91%

Airbnb Rental Income: $1498

Traditional Rental Income: $1966

Airbnb ROI: 1.83%

Traditional ROI: 5.91%

101 Houghton St

Negaunee, MI

4 beds | 1 baths | 1,994 sq.ft.

$329,000

Airbnb cash on cash: N/A

Traditional cash on cash: 2.88%

Airbnb Rental Income: $null

Traditional Rental Income: $1765

Airbnb ROI: N/A

Traditional ROI: 2.88%

US Highway 41

Negaunee, MI

N/A beds | N/A baths | N/A

$79,000

Airbnb cash on cash: 0.33%

Traditional cash on cash: 4.76%

Airbnb Rental Income: $601

Traditional Rental Income: $656

Airbnb ROI: 0.33%

Traditional ROI: 4.76%

213 Sunset Dr

Negaunee, MI

3 beds | 2 baths | 1,460 sq.ft.

$427,188

Airbnb cash on cash: -0.16%

Traditional cash on cash: 1.82%

Airbnb Rental Income: $1498

Traditional Rental Income: $1852

Airbnb ROI: -0.16%

Traditional ROI: 1.82%

360 E US41/M28 Hwy

Negaunee, MI

N/A beds | N/A baths | N/A

$970,000

Airbnb cash on cash: -2.29%

Traditional cash on cash: -2.02%

Airbnb Rental Income: $601

Traditional Rental Income: $550

Airbnb ROI: -2.29%

Traditional ROI: -2.02%

362 E US41/M28 Hwy

Negaunee, MI

N/A beds | N/A baths | N/A

$995,000

Airbnb cash on cash: -2.29%

Traditional cash on cash: -2.05%

Airbnb Rental Income: $601

Traditional Rental Income: $539

Airbnb ROI: -2.29%

Traditional ROI: -2.05%

209 Sunset Drive Dr

Negaunee, MI

3 beds | 2 baths | 1,300 sq.ft.

$424,900

Airbnb cash on cash: -0.15%

Traditional cash on cash: 1.68%

Airbnb Rental Income: $1498

Traditional Rental Income: $1787

Airbnb ROI: -0.15%

Traditional ROI: 1.68%

Parcel 9 Co Rd 510 Rd

Negaunee, MI

N/A beds | N/A baths | N/A

$100,000

Airbnb cash on cash: -0.24%

Traditional cash on cash: 2.21%

Airbnb Rental Income: $601

Traditional Rental Income: $550

Airbnb ROI: -0.24%