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
1144 Alabaster Road Tawas City, MI Discover your dream home in this beautifully designed 3 bedroom ranch, perfectly situated ...	3 beds \| 2 baths \| 1,512 sq.ft.	$265,000	Airbnb cash on cash: 4.24% Traditional cash on cash: 7.98% Airbnb Rental Income: $2031 Traditional Rental Income: $2437 Airbnb ROI: 4.24% Traditional ROI: 7.98%
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: -0.05% Traditional cash on cash: 8.36% Airbnb Rental Income: $791 Traditional Rental Income: $2338 Airbnb ROI: -0.05% Traditional ROI: 8.36%
1527 Douglas Drive Tawas City, MI 124 ' of prime Lake Huron waterfront property. Sought after neighborhood located just Sout...	3 beds \| 2 baths \| 1,441 sq.ft.	$569,900	Airbnb cash on cash: 0.8% Traditional cash on cash: 0.86% Airbnb Rental Income: $2031 Traditional Rental Income: $1536 Airbnb ROI: 0.8% Traditional ROI: 0.86%
2423 West Drive Tawas City, MI Experience the perfect blend of charm, comfort, and Lake Huron lifestyle in this beautiful...	4 beds \| 2 baths \| 1,512 sq.ft.	$297,900	Airbnb cash on cash: 1.65% Traditional cash on cash: 7.57% Airbnb Rental Income: $1498 Traditional Rental Income: $2718 Airbnb ROI: 1.65% Traditional ROI: 7.57%
4921 W Carpenter Road Tawas City, MI Enjoy peaceful riverfront living in this cozy one-story ranch set on over an acre with 315...	3 beds \| 2 baths \| 2,500 sq.ft.	$249,000	Airbnb cash on cash: 4.96% Traditional cash on cash: 11.29% Airbnb Rental Income: $2031 Traditional Rental Income: $2991 Airbnb ROI: 4.96% Traditional ROI: 11.29%
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.	$765,000	Airbnb cash on cash: -1.54% Traditional cash on cash: 0.01% Airbnb Rental Income: $791 Traditional Rental Income: $1576 Airbnb ROI: -1.54% Traditional ROI: 0.01%
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.	$679,900	Airbnb cash on cash: N/A Traditional cash on cash: 5.48% Airbnb Rental Income: $null Traditional Rental Income: $4584 Airbnb ROI: N/A Traditional ROI: 5.48%
1016 5th Street Tawas City, MI New Lower Price Lake Huron views from the living room! Just Three Homes from Lake Huron Ac...	3 beds \| 2 baths \| N/A	$259,000	Airbnb cash on cash: 3.8% Traditional cash on cash: 7.6% Airbnb Rental Income: $2031 Traditional Rental Income: $2434 Airbnb ROI: 3.8% Traditional ROI: 7.6%
1116 Margo Street Tawas City, MI Great location for this 3-4 bedroom home with 3 bathrooms! Beautiful bamboo floors on the ...	4 beds \| 3 baths \| 2,008 sq.ft.	$239,900	Airbnb cash on cash: 2.04% Traditional cash on cash: 10.18% Airbnb Rental Income: $1498 Traditional Rental Income: $2906 Airbnb ROI: 2.04% Traditional ROI: 10.18%
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: -0.25% Traditional cash on cash: 6.7% Airbnb Rental Income: $791 Traditional Rental Income: $1887 Airbnb ROI: -0.25% Traditional ROI: 6.7%
518 9th Avenue Tawas City, MI Charming 2 bedroom, 1 bath home is located on 8 city lots (1.38 acres) in beautiful Tawas ...	2 beds \| 1 baths \| 896 sq.ft.	$145,900	Airbnb cash on cash: 0.85% Traditional cash on cash: 7.78% Airbnb Rental Income: $791 Traditional Rental Income: $1438 Airbnb ROI: 0.85% Traditional ROI: 7.78%
166 W M-55 Tawas City, MI Nestled just a mile from Lake Huron along M-55 and conveniently situated near Tawas High S...	3 beds \| 2 baths \| 1,970 sq.ft.	$218,000	Airbnb cash on cash: 5.61% Traditional cash on cash: 11.45% Airbnb Rental Income: $2031 Traditional Rental Income: $2710 Airbnb ROI: 5.61% Traditional ROI: 11.45%
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.	$650,000	Airbnb cash on cash: 1.01% Traditional cash on cash: 5.11% Airbnb Rental Income: $2031 Traditional Rental Income: $3992 Airbnb ROI: 1.01% Traditional ROI: 5.11%
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.	$135,000	Airbnb cash on cash: 0.5% Traditional cash on cash: 9.25% Airbnb Rental Income: $791 Traditional Rental Income: $1605 Airbnb ROI: 0.5% Traditional ROI: 9.25%
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.	$359,900	Airbnb cash on cash: 1.45% Traditional cash on cash: 6.31% Airbnb Rental Income: $1498 Traditional Rental Income: $2701 Airbnb ROI: 1.45% Traditional ROI: 6.31%
2168 S Lorenz Road Tawas City, MI A property with it all. 20 acres of beautiful woods, a 32' x32' pole barn on a concrete p...	3 beds \| 3 baths \| 2,019 sq.ft.	$392,000	Airbnb cash on cash: 2.34% Traditional cash on cash: 6.26% Airbnb Rental Income: $2031 Traditional Rental Income: $2946 Airbnb ROI: 2.34% Traditional ROI: 6.26%
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: 1.8% Traditional cash on cash: 8.45% Airbnb Rental Income: $1498 Traditional Rental Income: $2936 Airbnb ROI: 1.8% Traditional ROI: 8.45%
1760 S US-23 Tawas City, MI Nice Three bedroom , two bath ranch with a spacious living room and kitchen with a free s...	3 beds \| 2 baths \| 1,450 sq.ft.	$185,900	Airbnb cash on cash: 6.49% Traditional cash on cash: 10.99% Airbnb Rental Income: $2031 Traditional Rental Income: $2298 Airbnb ROI: 6.49% Traditional ROI: 10.99%
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: 7.01% Traditional cash on cash: 10.17% Airbnb Rental Income: $2031 Traditional Rental Income: $2041 Airbnb ROI: 7.01% 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.	$1,699,000	Airbnb cash on cash: -0.13% Traditional cash on cash: -0.11% Airbnb Rental Income: $2031 Traditional Rental Income: $1536 Airbnb ROI: -0.13% Traditional ROI: -0.11%
1772 Douglas Drive Tawas City, MI Now's your chance to own a lovely home in the desirable Douglas Drive neighborhood! This ...	3 beds \| 2 baths \| 1,100 sq.ft.	$269,000	Airbnb cash on cash: 3.91% Traditional cash on cash: 6.37% Airbnb Rental Income: $2031 Traditional Rental Income: $2127 Airbnb ROI: 3.91% Traditional ROI: 6.37%
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.	$375,000	Airbnb cash on cash: 2.57% Traditional cash on cash: 6.16% Airbnb Rental Income: $2031 Traditional Rental Income: $2769 Airbnb ROI: 2.57% Traditional ROI: 6.16%
214 5th Avenue Tawas City, MI Recently remodeled 3 bedroom 1 1/2 bath home located in a quiet neighborhood close to town...	3 beds \| 2 baths \| 1,296 sq.ft.	$172,900	Airbnb cash on cash: 6.93% Traditional cash on cash: 7.13% Airbnb Rental Income: $2031 Traditional Rental Income: $1536 Airbnb ROI: 6.93% Traditional ROI: 7.13%
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: 0.99% Traditional cash on cash: 4.87% Airbnb Rental Income: $791 Traditional Rental Income: $1063 Airbnb ROI: 0.99% Traditional ROI: 4.87%

Real Estate investment in Tawas-city, MI

There are 25 properties for sale in the city of Tawas City . The median list price in Tawas City is $259,000 and the average price per square foot is $150. In September 2025, the average monthly cash on cash return in Tawas City is 7.00%. The average monthly rental income in Tawas City is $2,434.

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

There are 25 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 $2,434.

Your search for investment property begins and ends here

Investment Property for Sale in Tawas City, MI

1144 Alabaster Road

Tawas City, MI

3 beds | 2 baths | 1,512 sq.ft.

$265,000

Airbnb cash on cash: 4.24%

Traditional cash on cash: 7.98%

Airbnb Rental Income: $2031

Traditional Rental Income: $2437

Airbnb ROI: 4.24%

Traditional ROI: 7.98%

963 Nanette Street

Tawas City, MI

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

$234,900

Airbnb cash on cash: -0.05%

Traditional cash on cash: 8.36%

Airbnb Rental Income: $791

Traditional Rental Income: $2338

Airbnb ROI: -0.05%

Traditional ROI: 8.36%

1527 Douglas Drive

Tawas City, MI

3 beds | 2 baths | 1,441 sq.ft.

$569,900

Airbnb cash on cash: 0.8%

Traditional cash on cash: 0.86%

Airbnb Rental Income: $2031

Traditional Rental Income: $1536

Airbnb ROI: 0.8%

Traditional ROI: 0.86%

2423 West Drive

Tawas City, MI

4 beds | 2 baths | 1,512 sq.ft.

$297,900

Airbnb cash on cash: 1.65%

Traditional cash on cash: 7.57%

Airbnb Rental Income: $1498

Traditional Rental Income: $2718

Airbnb ROI: 1.65%

Traditional ROI: 7.57%

4921 W Carpenter Road

Tawas City, MI

3 beds | 2 baths | 2,500 sq.ft.

$249,000

Airbnb cash on cash: 4.96%

Traditional cash on cash: 11.29%

Airbnb Rental Income: $2031

Traditional Rental Income: $2991

Airbnb ROI: 4.96%

Traditional ROI: 11.29%

2899 Townline Road

Tawas City, MI

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

$765,000

Airbnb cash on cash: -1.54%

Traditional cash on cash: 0.01%

Airbnb Rental Income: $791

Traditional Rental Income: $1576

Airbnb ROI: -1.54%

Traditional ROI: 0.01%

2011 Douglas Drive

Tawas City, MI

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

$679,900

Airbnb cash on cash: N/A

Traditional cash on cash: 5.48%

Airbnb Rental Income: $null

Traditional Rental Income: $4584

Airbnb ROI: N/A

Traditional ROI: 5.48%

1016 5th Street

Tawas City, MI

3 beds | 2 baths | N/A

$259,000

Airbnb cash on cash: 3.8%

Traditional cash on cash: 7.6%

Airbnb Rental Income: $2031

Traditional Rental Income: $2434

Airbnb ROI: 3.8%