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.

Condos for Sale in Traverse City, MI

Search for Condo for Sale in Traverse City, Michigan. Browse all of Mashvisor’s Condo listings and other investment property types including Single Family Homes, Multi Family Homes, Condos, Townhouses and Other Homes.

Showing 144 Condo listings of over 500,000 total investment properties for sale. Visit Mashvisor.com to all investment properties.

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
2140 Chelsea Lane Traverse City, MI Enjoy peaceful living in this beautifully maintained 4-bedroom, 3-bath condo nestled in a ...	4 beds \| 3 baths \| 3,144 sq.ft.	$695,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.66% Airbnb Rental Income: $null Traditional Rental Income: $3391 Airbnb ROI: N/A Traditional ROI: 3.66%
124 Monroe Street Traverse City, MI All the swanky character of downtown you've been looking for! This custom designer home sh...	2 beds \| 1 baths \| 1,260 sq.ft.	$525,000	Airbnb cash on cash: N/A Traditional cash on cash: 0.09% Airbnb Rental Income: $null Traditional Rental Income: $1561 Airbnb ROI: N/A Traditional ROI: 0.09%
800-318 Cottageview Drive #318 Traverse City, MI One of Grand Traverse Commons finest condos w/ plenty of character & functionality, in maj...	3 beds \| 3 baths \| 2,236 sq.ft.	$885,000	Airbnb cash on cash: N/A Traditional cash on cash: -0.03% Airbnb Rental Income: $null Traditional Rental Income: $2897 Airbnb ROI: N/A Traditional ROI: -0.03%
2088 CHELSEA LANE Traverse City, MI Discover this exceptional Chelsea Park corner unit condo, bathed in sunlight and nestled i...	2 beds \| 2 baths \| 1,265 sq.ft.	$325,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.63% Airbnb Rental Income: $null Traditional Rental Income: $1967 Airbnb ROI: N/A Traditional ROI: 3.63%
1420 FOREST PARK DRIVE Traverse City, MI TRAVERSE CITY CONDO, NO HIGH RISE, OFF 14 St. 2/BED/2BATHS, FIREPLACE, W/D INCLUDED,PLUS A...	2 beds \| 2 baths \| 1,116 sq.ft.	$365,000	Airbnb cash on cash: N/A Traditional cash on cash: 2.79% Airbnb Rental Income: $null Traditional Rental Income: $1913 Airbnb ROI: N/A Traditional ROI: 2.79%
800 Cottageview Drive #400 Traverse City, MI Step into this extraordinary 1,768 sqft condo in the iconic Grand Traverse Commonsâa spa...	2 beds \| 2 baths \| 1,768 sq.ft.	$699,000	Airbnb cash on cash: N/A Traditional cash on cash: -0.42% Airbnb Rental Income: $null Traditional Rental Income: $2329 Airbnb ROI: N/A Traditional ROI: -0.42%
8906-B MANHATTAN NORTH Traverse City, MI Sleek modern luxury condo bathed in natural light, tucked away on a serene wooded cul-de-s...	2 beds \| 2 baths \| 1,539 sq.ft.	$499,900	Airbnb cash on cash: N/A Traditional cash on cash: 2.14% Airbnb Rental Income: $null Traditional Rental Income: $2385 Airbnb ROI: N/A Traditional ROI: 2.14%
109 E Front Street #301 Traverse City, MI Step into sophistication with this stunning downtown condo, offering breathtaking views of...	2 beds \| 3 baths \| 2,192 sq.ft.	$2,299,999	Airbnb cash on cash: N/A Traditional cash on cash: -1.62% Airbnb Rental Income: $null Traditional Rental Income: $2854 Airbnb ROI: N/A Traditional ROI: -1.62%
10579 Camrose Circle Traverse City, MI Step into luxury living in the heart of Traverse City, nestled within the prestigious Morg...	3 beds \| 4 baths \| 2,520 sq.ft.	$759,000	Airbnb cash on cash: N/A Traditional cash on cash: 2.91% Airbnb Rental Income: $null Traditional Rental Income: $3625 Airbnb ROI: N/A Traditional ROI: 2.91%
127 S Union Street Traverse City, MI Discover this rare opportunity to own a completely updated, fully furnished luxury condomi...	2 beds \| 2 baths \| 2,300 sq.ft.	$1,749,000	Airbnb cash on cash: N/A Traditional cash on cash: -0.68% Airbnb Rental Income: $null Traditional Rental Income: $2568 Airbnb ROI: N/A Traditional ROI: -0.68%
810 Cottageview Drive #300 Traverse City, MI Live in one of Traverse Cityâs most iconic buildings with this unique 1-bedroom, 1-bath ...	1 beds \| 1 baths \| 513 sq.ft.	$329,000	Airbnb cash on cash: N/A Traditional cash on cash: -0.01% Airbnb Rental Income: $null Traditional Rental Income: $1179 Airbnb ROI: N/A Traditional ROI: -0.01%
750 Centre Place #2 Traverse City, MI Lakeside Condo with Sunset & Sailboat Views â minutes from Downtown Traverse City. Welc...	2 beds \| 2 baths \| 986 sq.ft.	$429,000	Airbnb cash on cash: N/A Traditional cash on cash: 2.42% Airbnb Rental Income: $null Traditional Rental Income: $1785 Airbnb ROI: N/A Traditional ROI: 2.42%
510 Hastings Street #1 Traverse City, MI Welcome to City Limit Lofts, where modern design meets an unbeatable location! This 1-bedr...	1 beds \| 1 baths \| 550 sq.ft.	$255,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.4% Airbnb Rental Income: $null Traditional Rental Income: $1544 Airbnb ROI: N/A Traditional ROI: 3.4%
1122 Basil Place Traverse City, MI Beautiful small scale home with BIG amenities! Two bedroom, 1 bath with full walk-out base...	2 beds \| 1 baths \| 850 sq.ft.	$275,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.7% Airbnb Rental Income: $null Traditional Rental Income: $1707 Airbnb ROI: N/A Traditional ROI: 3.7%
525 GEORGETOWN DRIVE Traverse City, MI Welcome to effortless living in this beautifully updated ground-level condo, ideally locat...	1 beds \| 1 baths \| 563 sq.ft.	$199,000	Airbnb cash on cash: N/A Traditional cash on cash: 2.51% Airbnb Rental Income: $null Traditional Rental Income: $1041 Airbnb ROI: N/A Traditional ROI: 2.51%
715 Lake Avenue #17-C Traverse City, MI In-town Traverse City living at its best! Take advantage of this ideal location in the hea...	2 beds \| 2 baths \| 910 sq.ft.	$335,000	Airbnb cash on cash: N/A Traditional cash on cash: 2.19% Airbnb Rental Income: $null Traditional Rental Income: $1573 Airbnb ROI: N/A Traditional ROI: 2.19%
119 E EIGHTH STREET Traverse City, MI Downtown Living at its Finest! Whether youre looking for a primary residence, a second hom...	2 beds \| 1 baths \| 892 sq.ft.	$419,900	Airbnb cash on cash: N/A Traditional cash on cash: 2.67% Airbnb Rental Income: $null Traditional Rental Income: $2137 Airbnb ROI: N/A Traditional ROI: 2.67%
2162 Hammond Place E Traverse City, MI Stylish & Spacious Hammond Place Condo with Private Courtyard. Welcome home to this beauti...	2 beds \| 2 baths \| 1,352 sq.ft.	$350,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.97% Airbnb Rental Income: $null Traditional Rental Income: $1888 Airbnb ROI: N/A Traditional ROI: 3.97%
710 Centre Place #26 Traverse City, MI Welcome to 710 Centre Place #26! This recently updated 1 bed/1 bath end unit condo sits ne...	1 beds \| 1 baths \| 912 sq.ft.	$394,900	Airbnb cash on cash: N/A Traditional cash on cash: 1.39% Airbnb Rental Income: $null Traditional Rental Income: $1501 Airbnb ROI: N/A Traditional ROI: 1.39%
1554 SIMSBURY STREET Traverse City, MI You will love your new low maintenance, main level living lifestyle in this 2 BR, 1.5 BA c...	2 beds \| 2 baths \| 1,140 sq.ft.	$419,900	Airbnb cash on cash: N/A Traditional cash on cash: 2.41% Airbnb Rental Income: $null Traditional Rental Income: $2036 Airbnb ROI: N/A Traditional ROI: 2.41%
1548 SIMSBURY STREET Traverse City, MI You will love your new low maintenance, main level living lifestyle in this 2 BR, 1.5 BA c...	2 beds \| 2 baths \| 1,140 sq.ft.	$419,900	Airbnb cash on cash: N/A Traditional cash on cash: 2.41% Airbnb Rental Income: $null Traditional Rental Income: $2036 Airbnb ROI: N/A Traditional ROI: 2.41%
4068 Haverhill Court #7 Traverse City, MI Discover the perfect blend of comfort and convenience in this beautifully maintained 3-bed...	3 beds \| 2 baths \| 1,120 sq.ft.	$340,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.94% Airbnb Rental Income: $null Traditional Rental Income: $2476 Airbnb ROI: N/A Traditional ROI: 4.94%
3439 Holiday Road Traverse City, MI This is a great condo in quiet complex with only 8 units total. Right across the street fr...	3 beds \| 2 baths \| 1,764 sq.ft.	$284,900	Airbnb cash on cash: N/A Traditional cash on cash: 5.99% Airbnb Rental Income: $null Traditional Rental Income: $2378 Airbnb ROI: N/A Traditional ROI: 5.99%
2305 N US31 #203 Traverse City, MI This stunning, turn-key, 1-bedroom, 1-bath condo has been thoughtfully updated for 2024, f...	1 beds \| 1 baths \| 556 sq.ft.	$295,000	Airbnb cash on cash: N/A Traditional cash on cash: 2.96% Airbnb Rental Income: $null Traditional Rental Income: $1398 Airbnb ROI: N/A Traditional ROI: 2.96%
708 Randolph Street #204 Traverse City, MI Modern, Fully Furnished Downtown Condo with Short-Term Rental Potential. This stylish 2-be...	2 beds \| 2 baths \| 1,105 sq.ft.	$554,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.74% Airbnb Rental Income: $null Traditional Rental Income: $2614 Airbnb ROI: N/A Traditional ROI: 3.74%
714 Eastgate Place Traverse City, MI An effortless lifestyle awaits you near the base of Old Mission Peninsula! This 2 bedroom ...	2 beds \| 2 baths \| 1,920 sq.ft.	$362,900	Airbnb cash on cash: N/A Traditional cash on cash: 4.07% Airbnb Rental Income: $null Traditional Rental Income: $2296 Airbnb ROI: N/A Traditional ROI: 4.07%
6690 Mission Ridge Traverse City, MI This "Old Mission Condo" has a beautiful view of east bay! Enjoy your morning coffee on th...	2 beds \| 3 baths \| 2,608 sq.ft.	$689,000	Airbnb cash on cash: N/A Traditional cash on cash: 0.43% Airbnb Rental Income: $null Traditional Rental Income: $1947 Airbnb ROI: N/A Traditional ROI: 0.43%
115 E EIGHTH STREET Traverse City, MI Downtown Traverse City living at it's finest!This stunning top floor condo features gorgeo...	2 beds \| 1 baths \| 892 sq.ft.	$439,900	Airbnb cash on cash: N/A Traditional cash on cash: 1.21% Airbnb Rental Income: $null Traditional Rental Income: $1634 Airbnb ROI: N/A Traditional ROI: 1.21%
1825 E Eighth Street #219 Traverse City, MI Welcome to this newly built 1-bedroom, 1-bathroom condo that perfectly combines modern des...	1 beds \| 1 baths \| 650 sq.ft.	$295,000	Airbnb cash on cash: N/A Traditional cash on cash: 2.41% Airbnb Rental Income: $null Traditional Rental Income: $1463 Airbnb ROI: N/A Traditional ROI: 2.41%
1825 E Eighth Street #331 Traverse City, MI Freshly built 1bed 1bath condo. This condo comes fully furnished and move in ready. Ideal ...	1 beds \| 1 baths \| 650 sq.ft.	$265,000	Airbnb cash on cash: N/A Traditional cash on cash: 2.94% Airbnb Rental Income: $null Traditional Rental Income: $1459 Airbnb ROI: N/A Traditional ROI: 2.94%
1139 E Eighth Street #7 Traverse City, MI Carefree living lifestyle in downtown Traverse City on desirable Eighth Street. Take adva...	1 beds \| 1 baths \| 750 sq.ft.	$262,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.42% Airbnb Rental Income: $null Traditional Rental Income: $1865 Airbnb ROI: N/A Traditional ROI: 4.42%
714 #308 Randolph Street #308 Traverse City, MI Step into easy downtown living, in the coveted Slabtown neighborhood, where West Grand Tra...	2 beds \| 2 baths \| 1,095 sq.ft.	$500,000	Airbnb cash on cash: N/A Traditional cash on cash: 1.34% Airbnb Rental Income: $null Traditional Rental Income: $2211 Airbnb ROI: N/A Traditional ROI: 1.34%
714 #206 Randolph Street #206 Traverse City, MI Step into easy downtown living, in the coveted Slabtown neighborhood, where West Grand Tra...	2 beds \| 2 baths \| 923 sq.ft.	$525,000	Airbnb cash on cash: N/A Traditional cash on cash: 1.35% Airbnb Rental Income: $null Traditional Rental Income: $2124 Airbnb ROI: N/A Traditional ROI: 1.35%
630 Garfield Avenue #106 Traverse City, MI Looking for a smart investment and a stylish place to land in Traverse City? This fully fu...	1 beds \| 1 baths \| 604 sq.ft.	$240,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.62% Airbnb Rental Income: $null Traditional Rental Income: $1485 Airbnb ROI: N/A Traditional ROI: 3.62%
231 MIDTOWN DRIVE Traverse City, MI Nestled along the peaceful banks of the Boardman River, this stunning condo offers the per...	2 beds \| 3 baths \| 2,050 sq.ft.	$849,000	Airbnb cash on cash: N/A Traditional cash on cash: 0.59% Airbnb Rental Income: $null Traditional Rental Income: $2559 Airbnb ROI: N/A Traditional ROI: 0.59%
800-319 Cottageview Drive #319 Traverse City, MI Absolutely stunning condo at the Grand Traverse Commons in the majestic historic main Buil...	3 beds \| 4 baths \| 3,615 sq.ft.	$1,200,000	Airbnb cash on cash: N/A Traditional cash on cash: -0.27% Airbnb Rental Income: $null Traditional Rental Income: $3140 Airbnb ROI: N/A Traditional ROI: -0.27%
2116 Chelsea Lane Traverse City, MI Well maintained second story condo featuring a contemporary kitchen with all new appliance...	2 beds \| 2 baths \| 1,215 sq.ft.	$299,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.92% Airbnb Rental Income: $null Traditional Rental Income: $1906 Airbnb ROI: N/A Traditional ROI: 3.92%
208 Thrive Boulevard #13 Traverse City, MI Welcome to Thrive Condominium Community! Traverse Cityâs newest neighborhood where âLu...	3 beds \| 2 baths \| 1,196 sq.ft.	$299,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.17% Airbnb Rental Income: $null Traditional Rental Income: $1978 Airbnb ROI: N/A Traditional ROI: 4.17%
211 Thrive Boulevard #25 Traverse City, MI Welcome to Thrive Condominium Community! Traverse Cityâs newest neighborhood where âLu...	3 beds \| 2 baths \| 1,196 sq.ft.	$279,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.56% Airbnb Rental Income: $null Traditional Rental Income: $1955 Airbnb ROI: N/A Traditional ROI: 4.56%
231 Thrive Boulevard #26 Traverse City, MI Welcome to Thrive Condominium Community! Traverse Cityâs newest neighborhood where âLu...	3 beds \| 2 baths \| 1,196 sq.ft.	$279,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.65% Airbnb Rental Income: $null Traditional Rental Income: $1978 Airbnb ROI: N/A Traditional ROI: 4.65%

Your search for investment property begins and ends here

Condos for Sale in Traverse City, MI

2140 Chelsea Lane

Traverse City, MI

4 beds | 3 baths | 3,144 sq.ft.

$695,000

Airbnb cash on cash: N/A

Traditional cash on cash: 3.66%

Airbnb Rental Income: $null

Traditional Rental Income: $3391

Airbnb ROI: N/A

Traditional ROI: 3.66%

124 Monroe Street

Traverse City, MI

2 beds | 1 baths | 1,260 sq.ft.

$525,000

Airbnb cash on cash: N/A

Traditional cash on cash: 0.09%

Airbnb Rental Income: $null

Traditional Rental Income: $1561

Airbnb ROI: N/A

Traditional ROI: 0.09%

800-318 Cottageview Drive #318

Traverse City, MI

3 beds | 3 baths | 2,236 sq.ft.

$885,000

Airbnb cash on cash: N/A

Traditional cash on cash: -0.03%

Airbnb Rental Income: $null

Traditional Rental Income: $2897

Airbnb ROI: N/A

Traditional ROI: -0.03%

2088 CHELSEA LANE

Traverse City, MI

2 beds | 2 baths | 1,265 sq.ft.

$325,000

Airbnb cash on cash: N/A

Traditional cash on cash: 3.63%

Airbnb Rental Income: $null

Traditional Rental Income: $1967

Airbnb ROI: N/A

Traditional ROI: 3.63%

1420 FOREST PARK DRIVE

Traverse City, MI

2 beds | 2 baths | 1,116 sq.ft.

$365,000

Airbnb cash on cash: N/A

Traditional cash on cash: 2.79%

Airbnb Rental Income: $null

Traditional Rental Income: $1913

Airbnb ROI: N/A

Traditional ROI: 2.79%

800 Cottageview Drive #400

Traverse City, MI

2 beds | 2 baths | 1,768 sq.ft.

$699,000

Airbnb cash on cash: N/A

Traditional cash on cash: -0.42%

Airbnb Rental Income: $null

Traditional Rental Income: $2329

Airbnb ROI: N/A

Traditional ROI: -0.42%

8906-B MANHATTAN NORTH

Traverse City, MI

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

$499,900

Airbnb cash on cash: N/A

Traditional cash on cash: 2.14%

Airbnb Rental Income: $null

Traditional Rental Income: $2385

Airbnb ROI: N/A

Traditional ROI: 2.14%

109 E Front Street #301

Traverse City, MI

2 beds | 3 baths | 2,192 sq.ft.

$2,299,999

Airbnb cash on cash: N/A

Traditional cash on cash: -1.62%

Airbnb Rental Income: $null

Traditional Rental Income: $2854

Airbnb ROI: N/A