Real Estate Investment Properties for Sale in Traverse City, MI

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

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

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
2839 Ruby Street Traverse City, MI Welcome to 2839 Ruby St, a stunning new home in one of Traverse City's most sought-after l...	3 beds \| 3 baths \| 1,626 sq.ft.	$454,690	Airbnb cash on cash: 3.19% Traditional cash on cash: 3.53% Airbnb Rental Income: $2881 Traditional Rental Income: $2358 Airbnb ROI: 3.19% Traditional ROI: 3.53%
820-14 Red Drive #14 Traverse City, MI Your search for old-world ambiance, a vibrant urban lifestyle & the perfect home or invest...	1 beds \| 1 baths \| 886 sq.ft.	$465,000	Airbnb cash on cash: 0.73% Traditional cash on cash: 1.47% Airbnb Rental Income: $1367 Traditional Rental Income: $1274 Airbnb ROI: 0.73% Traditional ROI: 1.47%
402 W Tenth Street Traverse City, MI Unique in-town Traverse City home situated on a desirable corner lot, offering character, ...	1 beds \| 2 baths \| 2,600 sq.ft.	$625,000	Airbnb cash on cash: -1.05% Traditional cash on cash: 0.93% Airbnb Rental Income: $1374 Traditional Rental Income: $2108 Airbnb ROI: -1.05% Traditional ROI: 0.93%
5133 Silver Lake Shores Road Traverse City, MI Forty feet of private sandy shoreline on all-sports Silver Lake. This waterfront ranch was...	3 beds \| 2 baths \| 1,604 sq.ft.	$1,080,000	Airbnb cash on cash: 0.2% Traditional cash on cash: 0.54% Airbnb Rental Income: $2881 Traditional Rental Income: $2546 Airbnb ROI: 0.2% Traditional ROI: 0.54%
3001 Wild Juniper Trail Traverse City, MI This impeccably maintained 3-bedroom, 3.5-bathroom home in the desirable Holiday Hills nei...	3 beds \| 4 baths \| 2,988 sq.ft.	$645,000	Airbnb cash on cash: 0.82% Traditional cash on cash: 3.33% Airbnb Rental Income: $2096 Traditional Rental Income: $3069 Airbnb ROI: 0.82% Traditional ROI: 3.33%
303 W Eleventh Street Traverse City, MI Perfectly situated in the heart of downtown Traverse City, this exceptional two-story resi...	2 beds \| 3 baths \| 2,394 sq.ft.	$799,000	Airbnb cash on cash: -0.78% Traditional cash on cash: 0.81% Airbnb Rental Income: $1903 Traditional Rental Income: $2578 Airbnb ROI: -0.78% Traditional ROI: 0.81%
4003 Robin Hood Lane Traverse City, MI Affordable living in Traverse City! This well-maintained condo offers comfortable , low-ma...	2 beds \| 2 baths \| 1,360 sq.ft.	$279,000	Airbnb cash on cash: 0.21% Traditional cash on cash: 3.33% Airbnb Rental Income: $1500 Traditional Rental Income: $1882 Airbnb ROI: 0.21% Traditional ROI: 3.33%
821 Traditions Drive Traverse City, MI Welcome home to this charming, meticulously maintained 3-bedroom, 2-bath ranch-style resid...	3 beds \| 2 baths \| 1,073 sq.ft.	$310,000	Airbnb cash on cash: 3.21% Traditional cash on cash: 4.06% Airbnb Rental Income: $2096 Traditional Rental Income: $1807 Airbnb ROI: 3.21% Traditional ROI: 4.06%
206 E Ninth Street Traverse City, MI Welcome to an exceptional downtown residence where location, history, and versatility come...	4 beds \| 3 baths \| 3,458 sq.ft.	$1,195,000	Airbnb cash on cash: -1.44% Traditional cash on cash: -0.03% Airbnb Rental Income: $1799 Traditional Rental Income: $2872 Airbnb ROI: -1.44% Traditional ROI: -0.03%
1022 Centre Street Traverse City, MI A Mid-Century Classic, Reimagined for Modern Urban Living. Tucked away on Centre Street, t...	3 beds \| 2 baths \| 1,440 sq.ft.	$430,000	Airbnb cash on cash: 1.11% Traditional cash on cash: 3.56% Airbnb Rental Income: $2096 Traditional Rental Income: $2544 Airbnb ROI: 1.11% Traditional ROI: 3.56%
1364 Saffron Circle Traverse City, MI Deceptively large home, tucked into the desirable Cinnamon Ridge subdivision. This spaciou...	5 beds \| 3 baths \| 2,700 sq.ft.	$599,900	Airbnb cash on cash: N/A Traditional cash on cash: 2.83% Airbnb Rental Income: $null Traditional Rental Income: $3107 Airbnb ROI: N/A Traditional ROI: 2.83%
2790 S Hobbs Highway Traverse City, MI This meticulously maintained 2 bed, 2 bath home is a gem! Located only 10 minutes from Tra...	2 beds \| 2 baths \| 1,452 sq.ft.	$320,000	Airbnb cash on cash: 0.69% Traditional cash on cash: 4.14% Airbnb Rental Income: $1500 Traditional Rental Income: $2098 Airbnb ROI: 0.69% Traditional ROI: 4.14%
2755 Shore Wood Drive Traverse City, MI Escape to your own private oasis on West Grand Traverse Bay with this exquisite Craftsman ...	4 beds \| 4 baths \| 4,506 sq.ft.	$3,000,000	Airbnb cash on cash: N/A Traditional cash on cash: 0.1% Airbnb Rental Income: $null Traditional Rental Income: $4519 Airbnb ROI: N/A Traditional ROI: 0.1%
109 E Front Street #301 Traverse City, MI Experience refined downtown living in one of Traverse City's most iconic historic building...	2 beds \| 3 baths \| 2,192 sq.ft.	$1,999,999	Airbnb cash on cash: -2.38% Traditional cash on cash: -1.48% Airbnb Rental Income: $1635 Traditional Rental Income: $2854 Airbnb ROI: -2.38% Traditional ROI: -1.48%
9643 Pattys Lane Traverse City, MI If you've been searching for a home where all the expensive updates are already done, your...	3 beds \| 3 baths \| 2,248 sq.ft.	$599,000	Airbnb cash on cash: 2.29% Traditional cash on cash: 5.65% Airbnb Rental Income: $2881 Traditional Rental Income: $4095 Airbnb ROI: 2.29% Traditional ROI: 5.65%
8729 Center Road Traverse City, MI Just four scenic miles from downtown Traverse City, this exceptional Old Mission Peninsula...	4 beds \| 3 baths \| 2,520 sq.ft.	$999,900	Airbnb cash on cash: N/A Traditional cash on cash: 1.81% Airbnb Rental Income: $null Traditional Rental Income: $3322 Airbnb ROI: N/A Traditional ROI: 1.81%
2408 Pinehurst Trail Traverse City, MI Welcome to a Northern Michigan gem. This charming cottage located on Arbutus Lake #1 is be...	3 beds \| 1 baths \| 1,193 sq.ft.	$549,900	Airbnb cash on cash: 0.32% Traditional cash on cash: 0.9% Airbnb Rental Income: $2096 Traditional Rental Income: $1853 Airbnb ROI: 0.32% Traditional ROI: 0.9%
595 Georgetown Place #12 Traverse City, MI Rarely available and beautifully updated, this 3-bedroom, 2-bath townhouse-style condo off...	3 beds \| 2 baths \| 1,738 sq.ft.	$390,000	Airbnb cash on cash: 3.14% Traditional cash on cash: 3.22% Airbnb Rental Income: $2881 Traditional Rental Income: $2240 Airbnb ROI: 3.14% Traditional ROI: 3.22%
7135 E Birch Point Road Traverse City, MI Experience the best of Leelanau living with this extraordinary 107-acre property featuring...	4 beds \| 3 baths \| 3,372 sq.ft.	$3,599,000	Airbnb cash on cash: -0.81% Traditional cash on cash: -0.34% Airbnb Rental Income: $2265 Traditional Rental Income: $3266 Airbnb ROI: -0.81% Traditional ROI: -0.34%
5296 Scout Camp Road Traverse City, MI Waterfront living on an all-sports lake doesn't have to come with a multi-million-dollar p...	4 beds \| 4 baths \| 2,352 sq.ft.	$865,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.09% Airbnb Rental Income: $null Traditional Rental Income: $3412 Airbnb ROI: N/A Traditional ROI: 3.09%
4678 Lands End Road Traverse City, MI 4 acres of peace and quiet adjoining the VASA trail. Wind your way up the driveway to a mo...	3 beds \| 2 baths \| 3,744 sq.ft.	$939,000	Airbnb cash on cash: 0.67% Traditional cash on cash: 1.79% Airbnb Rental Income: $2096 Traditional Rental Income: $2536 Airbnb ROI: 0.67% Traditional ROI: 1.79%
2103 Alta Vista Drive Traverse City, MI This home is situated at the entrance to the community by the mailbox cluster. It is backe...	2 beds \| 2 baths \| 1,404 sq.ft.	$289,999	Airbnb cash on cash: 3.98% Traditional cash on cash: 4.96% Airbnb Rental Income: $1979 Traditional Rental Income: $1729 Airbnb ROI: 3.98% Traditional ROI: 4.96%
2288 Nimrod Road Traverse City, MI Welcome to 2288 Nimrod Road - a beautifully maintained ranch home nestled on 3 peaceful ac...	4 beds \| 2 baths \| 1,400 sq.ft.	$360,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.44% Airbnb Rental Income: $null Traditional Rental Income: $2224 Airbnb ROI: N/A Traditional ROI: 4.44%
1040 Umber Drive Traverse City, MI The Umber Uplift Practically new. Perfectly placed. Completely turn-key. Just 5.7 miles fr...	2 beds \| 1 baths \| 850 sq.ft.	$279,900	Airbnb cash on cash: 1.64% Traditional cash on cash: 3.82% Airbnb Rental Income: $1500 Traditional Rental Income: $1637 Airbnb ROI: 1.64% Traditional ROI: 3.82%
3664 Tanager Drive Traverse City, MI Built in 2021, this 3 bedroom, 2 bath ranch condominium in Traverse City, Michigan is move...	3 beds \| 2 baths \| 1,614 sq.ft.	$324,900	Airbnb cash on cash: 4.32% Traditional cash on cash: 4.87% Airbnb Rental Income: $2881 Traditional Rental Income: $2381 Airbnb ROI: 4.32% Traditional ROI: 4.87%

Real Estate investment in Traverse-city, MI

There are 441 properties for sale in the city of Traverse City . The median list price in Traverse City is $444,734 and the average price per square foot is $220. In July 2026, the average monthly cash on cash return in Traverse City is 1.00%. The average monthly rental income in Traverse City is $2,010.

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

There are 441 investment properties available for sale in Traverse-city.

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

The ROI for Short-Term is higher than the Long-Term in Traverse-city with average rental income of $1,979.

Your search for investment property begins and ends here

Investment Property for Sale in Traverse City, MI

2839 Ruby Street

Traverse City, MI

3 beds | 3 baths | 1,626 sq.ft.

$454,690

Airbnb cash on cash: 3.19%

Traditional cash on cash: 3.53%

Airbnb Rental Income: $2881

Traditional Rental Income: $2358

Airbnb ROI: 3.19%

Traditional ROI: 3.53%

820-14 Red Drive #14

Traverse City, MI

1 beds | 1 baths | 886 sq.ft.

$465,000

Airbnb cash on cash: 0.73%

Traditional cash on cash: 1.47%

Airbnb Rental Income: $1367

Traditional Rental Income: $1274

Airbnb ROI: 0.73%

Traditional ROI: 1.47%

402 W Tenth Street

Traverse City, MI

1 beds | 2 baths | 2,600 sq.ft.

$625,000

Airbnb cash on cash: -1.05%

Traditional cash on cash: 0.93%

Airbnb Rental Income: $1374

Traditional Rental Income: $2108

Airbnb ROI: -1.05%

Traditional ROI: 0.93%

5133 Silver Lake Shores Road

Traverse City, MI

3 beds | 2 baths | 1,604 sq.ft.

$1,080,000

Airbnb cash on cash: 0.2%

Traditional cash on cash: 0.54%

Airbnb Rental Income: $2881

Traditional Rental Income: $2546

Airbnb ROI: 0.2%

Traditional ROI: 0.54%

3001 Wild Juniper Trail

Traverse City, MI

3 beds | 4 baths | 2,988 sq.ft.

$645,000

Airbnb cash on cash: 0.82%

Traditional cash on cash: 3.33%

Airbnb Rental Income: $2096

Traditional Rental Income: $3069

Airbnb ROI: 0.82%

Traditional ROI: 3.33%

303 W Eleventh Street

Traverse City, MI

2 beds | 3 baths | 2,394 sq.ft.

$799,000

Airbnb cash on cash: -0.78%

Traditional cash on cash: 0.81%

Airbnb Rental Income: $1903

Traditional Rental Income: $2578

Airbnb ROI: -0.78%

Traditional ROI: 0.81%

4003 Robin Hood Lane

Traverse City, MI

2 beds | 2 baths | 1,360 sq.ft.

$279,000

Airbnb cash on cash: 0.21%

Traditional cash on cash: 3.33%

Airbnb Rental Income: $1500

Traditional Rental Income: $1882

Airbnb ROI: 0.21%

Traditional ROI: 3.33%

821 Traditions Drive

Traverse City, MI

3 beds | 2 baths | 1,073 sq.ft.

$310,000

Airbnb cash on cash: 3.21%

Traditional cash on cash: 4.06%

Airbnb Rental Income: $2096

Traditional Rental Income: $1807

Airbnb ROI: 3.21%