Real Estate Investment Properties for Sale in Tawas City, MI

Looking for investment property in Tawas City, MI with high ROI ?

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

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
963 Nanette Street Tawas City, MI Charming Fully Furnished 3-Bedroom Home Near the Water! Welcome to this charming fully fur...	2 beds \| 2 baths \| 1,728 sq.ft.	$234,900	Airbnb cash on cash: 0.24% Traditional cash on cash: 8.36% Airbnb Rental Income: $868 Traditional Rental Income: $2338 Airbnb ROI: 0.24% Traditional ROI: 8.36%
1522 Douglas Drive Tawas City, MI STOP THE CAR!! Don't let this one pass you by! Located on Desirable Douglas Drive, with ...	3 beds \| 2 baths \| 1,688 sq.ft.	$385,000	Airbnb cash on cash: 2.34% Traditional cash on cash: 5.98% Airbnb Rental Income: $2005 Traditional Rental Income: $2797 Airbnb ROI: 2.34% Traditional ROI: 5.98%
150 Roberta Drive Tawas City, MI Move in ready, berm style house which helps the home stay warm in the winter and cool in t...	3 beds \| 1 baths \| 1,368 sq.ft.	$169,900	Airbnb cash on cash: 6.94% Traditional cash on cash: 10.03% Airbnb Rental Income: $2005 Traditional Rental Income: $1982 Airbnb ROI: 6.94% Traditional ROI: 10.03%
2899 Townline Road Tawas City, MI As a land specialist, I am often fortunate to have the opportunity to work with and sell i...	2 beds \| 1 baths \| 1,400 sq.ft.	$749,900	Airbnb cash on cash: -1.46% Traditional cash on cash: 0.03% Airbnb Rental Income: $868 Traditional Rental Income: $1576 Airbnb ROI: -1.46% Traditional ROI: 0.03%
2011 Douglas Drive Tawas City, MI Nestled on quiet, tree-lined streets in a peaceful, walkable neighborhood, this stunning t...	5 beds \| 4 baths \| 3,300 sq.ft.	$664,900	Airbnb cash on cash: N/A Traditional cash on cash: 5.63% Airbnb Rental Income: $null Traditional Rental Income: $4584 Airbnb ROI: N/A Traditional ROI: 5.63%
1016 5th Street Tawas City, MI Spectacular Lake Huron views right from the living room and the front yard! Cedar Haven Su...	3 beds \| 2 baths \| N/A	$249,000	Airbnb cash on cash: 3.89% Traditional cash on cash: 7.94% Airbnb Rental Income: $2005 Traditional Rental Income: $2434 Airbnb ROI: 3.89% Traditional ROI: 7.94%
403 W Lake Street #50 Tawas City, MI MOTIVATED SELLER. Lower level condo at Northbay Pointe. Located on Lake Huron with nice Sa...	2 beds \| 2 baths \| 1,017 sq.ft.	$215,000	Airbnb cash on cash: 0.06% Traditional cash on cash: 6.7% Airbnb Rental Income: $868 Traditional Rental Income: $1887 Airbnb ROI: 0.06% Traditional ROI: 6.7%
518 9th Avenue Tawas City, MI Charming Tawas City Home on 8 Lots â New Price! Discover this 2-bedroom, 1-bath home ne...	2 beds \| 1 baths \| 896 sq.ft.	$134,900	Airbnb cash on cash: 0.88% Traditional cash on cash: 7.85% Airbnb Rental Income: $868 Traditional Rental Income: $1438 Airbnb ROI: 0.88% Traditional ROI: 7.85%
631 N Kobs Road Tawas City, MI An incredible opportunity to own 10 acres close to Tawas. Set up to breed/groom/board dogs...	3 beds \| 4 baths \| 2,432 sq.ft.	$495,000	Airbnb cash on cash: 1.58% Traditional cash on cash: 7% Airbnb Rental Income: $2005 Traditional Rental Income: $3992 Airbnb ROI: 1.58% Traditional ROI: 7%
2620 N Huron Tawas City, MI Updated and remodeled home convenient to both Au Gres and Tawas has detached garage sunroo...	2 beds \| 1 baths \| 1,136 sq.ft.	$125,000	Airbnb cash on cash: 1.15% Traditional cash on cash: 10.04% Airbnb Rental Income: $868 Traditional Rental Income: $1605 Airbnb ROI: 1.15% Traditional ROI: 10.04%
630 Plank Road Tawas City, MI WELL ESTABLISHED Carpet Cleaning Business & and AFFORDABLE Country living in this Cape Cod...	4 beds \| 2 baths \| 2,064 sq.ft.	$349,900	Airbnb cash on cash: 1.87% Traditional cash on cash: 6.51% Airbnb Rental Income: $1637 Traditional Rental Income: $2701 Airbnb ROI: 1.87% Traditional ROI: 6.51%
4861 Carpenter Road Tawas City, MI Welcome to your serene slice of the Countryside! This expansive four bedroom, 2.5 bath hom...	4 beds \| 3 baths \| 2,048 sq.ft.	$299,900	Airbnb cash on cash: 2.21% Traditional cash on cash: 8.45% Airbnb Rental Income: $1637 Traditional Rental Income: $2936 Airbnb ROI: 2.21% Traditional ROI: 8.45%
1027 S Lorenz Road Tawas City, MI So much to offer with this property! Nearly 10 acres of level, wooded and cleared land, t...	3 beds \| 2 baths \| 1,200 sq.ft.	$178,900	Airbnb cash on cash: 6.89% Traditional cash on cash: 10.17% Airbnb Rental Income: $2005 Traditional Rental Income: $2041 Airbnb ROI: 6.89% Traditional ROI: 10.17%
1147 N Bay Drive Tawas City, MI Welcome to Lakeside Luxury on Tawas Bay Experience refined living on the crystal-clear sh...	3 beds \| 5 baths \| 3,453 sq.ft.	$1,500,000	Airbnb cash on cash: -0.03% Traditional cash on cash: 2.52% Airbnb Rental Income: $2005 Traditional Rental Income: $5032 Airbnb ROI: -0.03% Traditional ROI: 2.52%
1471 Keystone Tawas City, MI 19.5 Acres, mostly open, level and well maintained. Almost 2 acre âLâ shaped pond that...	3 beds \| 2 baths \| 1,755 sq.ft.	$349,900	Airbnb cash on cash: 2.7% Traditional cash on cash: 6.62% Airbnb Rental Income: $2005 Traditional Rental Income: $2769 Airbnb ROI: 2.7% Traditional ROI: 6.62%
1856 S US-23 Tawas City, MI This solid 2-bedroom, 1-bath brick home offers endless potential for first-time home buyer...	2 beds \| 1 baths \| 840 sq.ft.	$159,900	Airbnb cash on cash: 1.41% Traditional cash on cash: 8.16% Airbnb Rental Income: $868 Traditional Rental Income: $1566 Airbnb ROI: 1.41% Traditional ROI: 8.16%
224 Fourth Avenue Tawas City, MI Conveniently located in Tawas City this 4 bedroom has a full bathroom and over 1600 sq. ft...	4 beds \| 1 baths \| 1,656 sq.ft.	$179,900	Airbnb cash on cash: 4.66% Traditional cash on cash: 10.06% Airbnb Rental Income: $1637 Traditional Rental Income: $2100 Airbnb ROI: 4.66% Traditional ROI: 10.06%
407 Twelfth Avenue Tawas City, MI Located on a dead end street and situated on a large piece of property that is 120' x 186'...	3 beds \| 1 baths \| 1,048 sq.ft.	$127,000	Airbnb cash on cash: 9.52% Traditional cash on cash: 9.96% Airbnb Rental Income: $2005 Traditional Rental Income: $1536 Airbnb ROI: 9.52% Traditional ROI: 9.96%
516 M-55 Tawas City, MI Cozy 2 bedroom home just outside the city limits of Tawas City. It's the perfect starter h...	2 beds \| 1 baths \| 926 sq.ft.	$129,900	Airbnb cash on cash: 2.16% Traditional cash on cash: 10.69% Airbnb Rental Income: $868 Traditional Rental Income: $1600 Airbnb ROI: 2.16% Traditional ROI: 10.69%

Real Estate investment in Tawas-city, MI

There are 20 properties for sale in the city of Tawas City . The median list price in Tawas City is $197,450 and the average price per square foot is $120. In October 2025, the average monthly cash on cash return in Tawas City is 8.00%. The average monthly rental income in Tawas City is $2,291.

Tawas-city, MI Real Estate Investing: FAQs for Buyers, Sellers and Investors

There are 20 investment properties available for sale in Tawas-city.

In 2025, the best neighborhood to buy investment property is Tawas City.

The ROI for Long-Term is higher than the Short-Term in Tawas-city with average rental income of $2,291.

Your search for investment property begins and ends here

Investment Property for Sale in Tawas City, MI

963 Nanette Street

Tawas City, MI

2 beds | 2 baths | 1,728 sq.ft.

$234,900

Airbnb cash on cash: 0.24%

Traditional cash on cash: 8.36%

Airbnb Rental Income: $868

Traditional Rental Income: $2338

Airbnb ROI: 0.24%

Traditional ROI: 8.36%

1522 Douglas Drive

Tawas City, MI

3 beds | 2 baths | 1,688 sq.ft.

$385,000

Airbnb cash on cash: 2.34%

Traditional cash on cash: 5.98%

Airbnb Rental Income: $2005

Traditional Rental Income: $2797

Airbnb ROI: 2.34%

Traditional ROI: 5.98%

150 Roberta Drive

Tawas City, MI

3 beds | 1 baths | 1,368 sq.ft.

$169,900

Airbnb cash on cash: 6.94%

Traditional cash on cash: 10.03%

Airbnb Rental Income: $2005

Traditional Rental Income: $1982

Airbnb ROI: 6.94%

Traditional ROI: 10.03%

2899 Townline Road

Tawas City, MI

2 beds | 1 baths | 1,400 sq.ft.

$749,900

Airbnb cash on cash: -1.46%

Traditional cash on cash: 0.03%

Airbnb Rental Income: $868

Traditional Rental Income: $1576

Airbnb ROI: -1.46%

Traditional ROI: 0.03%

2011 Douglas Drive

Tawas City, MI

5 beds | 4 baths | 3,300 sq.ft.

$664,900

Airbnb cash on cash: N/A

Traditional cash on cash: 5.63%

Airbnb Rental Income: $null

Traditional Rental Income: $4584

Airbnb ROI: N/A

Traditional ROI: 5.63%

1016 5th Street

Tawas City, MI

3 beds | 2 baths | N/A

$249,000

Airbnb cash on cash: 3.89%

Traditional cash on cash: 7.94%

Airbnb Rental Income: $2005

Traditional Rental Income: $2434

Airbnb ROI: 3.89%

Traditional ROI: 7.94%

403 W Lake Street #50

Tawas City, MI

2 beds | 2 baths | 1,017 sq.ft.

$215,000

Airbnb cash on cash: 0.06%

Traditional cash on cash: 6.7%

Airbnb Rental Income: $868

Traditional Rental Income: $1887

Airbnb ROI: 0.06%

Traditional ROI: 6.7%

518 9th Avenue

Tawas City, MI

2 beds | 1 baths | 896 sq.ft.

$134,900

Airbnb cash on cash: 0.88%

Traditional cash on cash: 7.85%

Airbnb Rental Income: $868

Traditional Rental Income: $1438

Airbnb ROI: 0.88%