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
1509 M-55 Tawas City, MI Brick ranch with a convenient location that feels like country living, yet is close to sch...	3 beds \| 2 baths \| 1,240 sq.ft.	$149,900	Airbnb cash on cash: 8.23% Traditional cash on cash: 8.03% Airbnb Rental Income: $2103 Traditional Rental Income: $1536 Airbnb ROI: 8.23% Traditional ROI: 8.03%
1190 Meadow Road Tawas City, MI This is a great family home setting on three acres with lots of room for your garden and p...	4 beds \| 2 baths \| 1,539 sq.ft.	$239,900	Airbnb cash on cash: 2.2% Traditional cash on cash: 4.62% Airbnb Rental Income: $1379 Traditional Rental Income: $1510 Airbnb ROI: 2.2% Traditional ROI: 4.62%
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: 4.24% Traditional cash on cash: 7.94% Airbnb Rental Income: $2103 Traditional Rental Income: $2434 Airbnb ROI: 4.24% Traditional ROI: 7.94%
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: 0.14% Traditional cash on cash: 7.85% Airbnb Rental Income: $754 Traditional Rental Income: $1438 Airbnb ROI: 0.14% 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: 1.76% Traditional cash on cash: 7% Airbnb Rental Income: $2103 Traditional Rental Income: $3992 Airbnb ROI: 1.76% 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.	$114,900	Airbnb cash on cash: 0.47% Traditional cash on cash: 10.97% Airbnb Rental Income: $754 Traditional Rental Income: $1605 Airbnb ROI: 0.47% Traditional ROI: 10.97%
630 Plank Road Tawas City, MI AFFORDABLE Country living in this Cape Cod, 4 bedroom, 2 bath home with a Family Room add ...	4 beds \| 2 baths \| 2,064 sq.ft.	$259,900	Airbnb cash on cash: 1.96% Traditional cash on cash: 9.06% Airbnb Rental Income: $1379 Traditional Rental Income: $2701 Airbnb ROI: 1.96% Traditional ROI: 9.06%
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: 1.45% Traditional cash on cash: 8.45% Airbnb Rental Income: $1379 Traditional Rental Income: $2936 Airbnb ROI: 1.45% 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: 7.37% Traditional cash on cash: 10.17% Airbnb Rental Income: $2103 Traditional Rental Income: $2041 Airbnb ROI: 7.37% 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: $2103 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: 2.95% Traditional cash on cash: 6.62% Airbnb Rental Income: $2103 Traditional Rental Income: $2769 Airbnb ROI: 2.95% 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.	$139,900	Airbnb cash on cash: 1.03% Traditional cash on cash: 9.43% Airbnb Rental Income: $754 Traditional Rental Income: $1566 Airbnb ROI: 1.03% Traditional ROI: 9.43%
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: 3.4% Traditional cash on cash: 10.06% Airbnb Rental Income: $1379 Traditional Rental Income: $2100 Airbnb ROI: 3.4% Traditional ROI: 10.06%
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: 1.39% Traditional cash on cash: 10.69% Airbnb Rental Income: $754 Traditional Rental Income: $1600 Airbnb ROI: 1.39% Traditional ROI: 10.69%
410 S 5th Tawas City, MI 1890 Built Maintained Home~ LARGE Country Updated Kitchen, Newer Windows, 1st floor laundr...	3 beds \| 1 baths \| 1,382 sq.ft.	$140,000	Airbnb cash on cash: 9.06% Traditional cash on cash: 8.85% Airbnb Rental Income: $2103 Traditional Rental Income: $1536 Airbnb ROI: 9.06% Traditional ROI: 8.85%
629 W Lake Street Tawas City, MI So you want to be on Tawas Bay? This custom-designed 3 bedroom, 4 bath, 2300 sq ft home of...	3 beds \| 4 baths \| 2,256 sq.ft.	$928,200	Airbnb cash on cash: -0.79% Traditional cash on cash: -0.82% Airbnb Rental Income: $2103 Traditional Rental Income: $1536 Airbnb ROI: -0.79% Traditional ROI: -0.82%
1115 S Bay Drive Tawas City, MI Stunning Lake Huron Waterfront Home â Updated, Spacious & Serene. Experience the best of...	4 beds \| 3 baths \| 3,192 sq.ft.	$699,900	Airbnb cash on cash: -0.12% Traditional cash on cash: 0.72% Airbnb Rental Income: $1379 Traditional Rental Income: $1510 Airbnb ROI: -0.12% Traditional ROI: 0.72%
1007 W First Street Tawas City, MI Nestled in a park-like setting, this wonderful home offers the perfect blend of privacy an...	3 beds \| 2 baths \| 2,300 sq.ft.	$299,999	Airbnb cash on cash: 4.04% Traditional cash on cash: 3.95% Airbnb Rental Income: $2103 Traditional Rental Income: $1536 Airbnb ROI: 4.04% Traditional ROI: 3.95%
2540 West Drive Tawas City, MI An immaculate home with deeded sandy beach access along Lake Huron in a highly desirable s...	3 beds \| 2 baths \| 1,344 sq.ft.	$299,500	Airbnb cash on cash: 3.61% Traditional cash on cash: 3.52% Airbnb Rental Income: $2103 Traditional Rental Income: $1536 Airbnb ROI: 3.61% Traditional ROI: 3.52%

Real Estate investment in Tawas-city, MI

There are 19 properties for sale in the city of Tawas City . The median list price in Tawas City is $239,900 and the average price per square foot is $139. In December 2025, the average monthly cash on cash return in Tawas City is 8.00%. The average monthly rental income in Tawas City is $1,600.

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

There are 19 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 $1,600.

Your search for investment property begins and ends here

Investment Property for Sale in Tawas City, MI

1509 M-55

Tawas City, MI

3 beds | 2 baths | 1,240 sq.ft.

$149,900

Airbnb cash on cash: 8.23%

Traditional cash on cash: 8.03%

Airbnb Rental Income: $2103

Traditional Rental Income: $1536

Airbnb ROI: 8.23%

Traditional ROI: 8.03%

1190 Meadow Road

Tawas City, MI

4 beds | 2 baths | 1,539 sq.ft.

$239,900

Airbnb cash on cash: 2.2%

Traditional cash on cash: 4.62%

Airbnb Rental Income: $1379

Traditional Rental Income: $1510

Airbnb ROI: 2.2%

Traditional ROI: 4.62%

1016 5th Street

Tawas City, MI

3 beds | 2 baths | N/A

$249,000

Airbnb cash on cash: 4.24%

Traditional cash on cash: 7.94%

Airbnb Rental Income: $2103

Traditional Rental Income: $2434

Airbnb ROI: 4.24%

Traditional ROI: 7.94%

518 9th Avenue

Tawas City, MI

2 beds | 1 baths | 896 sq.ft.

$134,900

Airbnb cash on cash: 0.14%

Traditional cash on cash: 7.85%

Airbnb Rental Income: $754

Traditional Rental Income: $1438

Airbnb ROI: 0.14%

Traditional ROI: 7.85%

631 N Kobs Road

Tawas City, MI

3 beds | 4 baths | 2,432 sq.ft.

$495,000

Airbnb cash on cash: 1.76%

Traditional cash on cash: 7%

Airbnb Rental Income: $2103

Traditional Rental Income: $3992

Airbnb ROI: 1.76%

Traditional ROI: 7%

2620 N Huron

Tawas City, MI

2 beds | 1 baths | 1,136 sq.ft.

$114,900

Airbnb cash on cash: 0.47%

Traditional cash on cash: 10.97%

Airbnb Rental Income: $754

Traditional Rental Income: $1605

Airbnb ROI: 0.47%

Traditional ROI: 10.97%

630 Plank Road

Tawas City, MI

4 beds | 2 baths | 2,064 sq.ft.

$259,900

Airbnb cash on cash: 1.96%

Traditional cash on cash: 9.06%

Airbnb Rental Income: $1379

Traditional Rental Income: $2701

Airbnb ROI: 1.96%

Traditional ROI: 9.06%

4861 Carpenter Road

Tawas City, MI

4 beds | 3 baths | 2,048 sq.ft.

$299,900

Airbnb cash on cash: 1.45%

Traditional cash on cash: 8.45%

Airbnb Rental Income: $1379

Traditional Rental Income: $2936

Airbnb ROI: 1.45%