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 153 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
2839 Ruby Street Traverse City, MI Expertly crafted by Great Lake Construction, this brandnew home is designed for true first...	3 beds \| N/A baths \| 1,648 sq.ft.	$453,990	Airbnb cash on cash: 0.59% Traditional cash on cash: 3.54% Airbnb Rental Income: $1555 Traditional Rental Income: $2358 Airbnb ROI: 0.59% Traditional ROI: 3.54%
206 Boardman Avenue Traverse City, MI Welcome to the coveted Brownstones in downtown Traverse City! This beautifully updated 2-b...	2 beds \| 3 baths \| 1,432 sq.ft.	$1,100,000	Airbnb cash on cash: -0.23% Traditional cash on cash: 1.18% Airbnb Rental Income: $1461 Traditional Rental Income: $2465 Airbnb ROI: -0.23% Traditional ROI: 1.18%
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: 4.49% Traditional cash on cash: 3.66% Airbnb Rental Income: $4942 Traditional Rental Income: $3391 Airbnb ROI: 4.49% Traditional ROI: 3.66%
3808 Vale Drive Traverse City, MI Move-In Ready 2-Bedroom Townhouse in Prime Traverse City â Priced to Sell! Hereâs you...	2 beds \| 1 baths \| 906 sq.ft.	$204,900	Airbnb cash on cash: 1.97% Traditional cash on cash: 3.94% Airbnb Rental Income: $1461 Traditional Rental Income: $1412 Airbnb ROI: 1.97% Traditional ROI: 3.94%
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: -0.48% Traditional cash on cash: 2.14% Airbnb Rental Income: $1619 Traditional Rental Income: $2385 Airbnb ROI: -0.48% Traditional ROI: 2.14%
2737 Green Meadows Drive Traverse City, MI Well maintained updated (2019) 2 bedroom/1 bath Condo plus Garage on the west side next to...	2 beds \| 1 baths \| 800 sq.ft.	$199,900	Airbnb cash on cash: 3.11% Traditional cash on cash: 3% Airbnb Rental Income: $1619 Traditional Rental Income: $1140 Airbnb ROI: 3.11% Traditional ROI: 3%
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.	$2,100,000	Airbnb cash on cash: -2.46% Traditional cash on cash: -1.53% Airbnb Rental Income: $1461 Traditional Rental Income: $2854 Airbnb ROI: -2.46% Traditional ROI: -1.53%
7181 Cherrywood Court Traverse City, MI Easy living at the base of Old Mission Peninsula! This beautifully updated ranch-style con...	2 beds \| 3 baths \| 1,600 sq.ft.	$349,900	Airbnb cash on cash: 1.4% Traditional cash on cash: 3.71% Airbnb Rental Income: $1461 Traditional Rental Income: $1790 Airbnb ROI: 1.4% Traditional ROI: 3.71%
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: -1.65% Traditional cash on cash: -0.68% Airbnb Rental Income: $1403 Traditional Rental Income: $2568 Airbnb ROI: -1.65% Traditional ROI: -0.68%
641 Riverine Drive #302 Traverse City, MI Experience living on the water in downtown Traverse City. This freshly updated end-unit co...	2 beds \| 2 baths \| 1,000 sq.ft.	$360,000	Airbnb cash on cash: -4.62% Traditional cash on cash: -1.87% Airbnb Rental Income: $1388 Traditional Rental Income: $1899 Airbnb ROI: -4.62% Traditional ROI: -1.87%
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.	$319,000	Airbnb cash on cash: -1.66% Traditional cash on cash: 0.02% Airbnb Rental Income: $1038 Traditional Rental Income: $1179 Airbnb ROI: -1.66% Traditional ROI: 0.02%
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.	$399,900	Airbnb cash on cash: 0.65% Traditional cash on cash: 2.66% Airbnb Rental Income: $1461 Traditional Rental Income: $1785 Airbnb ROI: 0.65% Traditional ROI: 2.66%
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.	$384,900	Airbnb cash on cash: -0.84% Traditional cash on cash: 1.46% Airbnb Rental Income: $1034 Traditional Rental Income: $1501 Airbnb ROI: -0.84% Traditional ROI: 1.46%
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: -0.15% Traditional cash on cash: 2.41% Airbnb Rental Income: $1461 Traditional Rental Income: $2036 Airbnb ROI: -0.15% 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: -0.15% Traditional cash on cash: 2.41% Airbnb Rental Income: $1461 Traditional Rental Income: $2036 Airbnb ROI: -0.15% Traditional ROI: 2.41%
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: 0.35% Traditional cash on cash: 2.96% Airbnb Rental Income: $1034 Traditional Rental Income: $1398 Airbnb ROI: 0.35% 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.	$524,000	Airbnb cash on cash: 1.36% Traditional cash on cash: 4.01% Airbnb Rental Income: $1809 Traditional Rental Income: $2614 Airbnb ROI: 1.36% Traditional ROI: 4.01%
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.	$354,900	Airbnb cash on cash: 0.38% Traditional cash on cash: 4.18% Airbnb Rental Income: $1461 Traditional Rental Income: $2296 Airbnb ROI: 0.38% Traditional ROI: 4.18%
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: -1% Traditional cash on cash: 0.43% Airbnb Rental Income: $1461 Traditional Rental Income: $1947 Airbnb ROI: -1% Traditional ROI: 0.43%
172 Wildwood Meadows Drive Traverse City, MI Enjoy carefree living on Old Mission Peninsula in this beautifully maintained 3-bed, 2.5-b...	3 beds \| 3 baths \| 2,931 sq.ft.	$750,000	Airbnb cash on cash: -0.11% Traditional cash on cash: 2.9% Airbnb Rental Income: $1841 Traditional Rental Income: $3449 Airbnb ROI: -0.11% Traditional ROI: 2.9%
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.	$275,000	Airbnb cash on cash: -0.43% Traditional cash on cash: 2.76% Airbnb Rental Income: $990 Traditional Rental Income: $1463 Airbnb ROI: -0.43% Traditional ROI: 2.76%
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.	$252,000	Airbnb cash on cash: -0.47% Traditional cash on cash: 4.7% Airbnb Rental Income: $990 Traditional Rental Income: $1865 Airbnb ROI: -0.47% Traditional ROI: 4.7%
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: -0.57% Traditional cash on cash: 1.34% Airbnb Rental Income: $1809 Traditional Rental Income: $2211 Airbnb ROI: -0.57% 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: -0.29% Traditional cash on cash: 1.35% Airbnb Rental Income: $1809 Traditional Rental Income: $2124 Airbnb ROI: -0.29% Traditional ROI: 1.35%
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: -2.22% Traditional cash on cash: -0.27% Airbnb Rental Income: $1390 Traditional Rental Income: $3140 Airbnb ROI: -2.22% 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: 1.27% Traditional cash on cash: 3.92% Airbnb Rental Income: $1619 Traditional Rental Income: $1906 Airbnb ROI: 1.27% Traditional ROI: 3.92%
1139 E Eighth Street #8 Traverse City, MI Carefree living lifestyle in downtown Traverse City on desirable Eighth Street. Take adva...	1 beds \| 1 baths \| 750 sq.ft.	$252,000	Airbnb cash on cash: -0.47% Traditional cash on cash: 4.7% Airbnb Rental Income: $990 Traditional Rental Income: $1865 Airbnb ROI: -0.47% Traditional ROI: 4.7%
207 W Grandview #202 Traverse City, MI Introducing the epitome of luxury living nestled in the vibrant heart of downtown Traverse...	1 beds \| 2 baths \| 1,344 sq.ft.	$1,016,064	Airbnb cash on cash: -3.83% Traditional cash on cash: -2.09% Airbnb Rental Income: $990 Traditional Rental Income: $2278 Airbnb ROI: -3.83% Traditional ROI: -2.09%
207 W Grandview #201 Traverse City, MI Introducing the epitome of luxury living nestled in the vibrant heart of downtown Traverse...	1 beds \| 2 baths \| 1,271 sq.ft.	$1,162,965	Airbnb cash on cash: -3.47% Traditional cash on cash: -2.01% Airbnb Rental Income: $990 Traditional Rental Income: $2219 Airbnb ROI: -3.47% Traditional ROI: -2.01%
207 W Grandview #203 Traverse City, MI Introducing the epitome of luxury living nestled in the vibrant heart of downtown Traverse...	2 beds \| 3 baths \| 2,068 sq.ft.	$1,654,400	Airbnb cash on cash: -2.51% Traditional cash on cash: -1.17% Airbnb Rental Income: $1403 Traditional Rental Income: $3037 Airbnb ROI: -2.51% Traditional ROI: -1.17%
207 W Grandview #205 Traverse City, MI Introducing the epitome of luxury living nestled in the vibrant heart of downtown Traverse...	3 beds \| 3 baths \| 3,023 sq.ft.	$3,225,541	Airbnb cash on cash: -1.66% Traditional cash on cash: -1.05% Airbnb Rental Income: $1832 Traditional Rental Income: $3139 Airbnb ROI: -1.66% Traditional ROI: -1.05%
207 W Grandview #204 Traverse City, MI Breaking ground August 2024! Introducing the epitome of luxury living nestled in the vibra...	3 beds \| 3 baths \| 2,956 sq.ft.	$3,154,052	Airbnb cash on cash: -1.67% Traditional cash on cash: -1.05% Airbnb Rental Income: $1832 Traditional Rental Income: $3139 Airbnb ROI: -1.67% Traditional ROI: -1.05%
207 W Grandview #302 Traverse City, MI Introducing the epitome of luxury living nestled in the vibrant heart of downtown Traverse...	1 beds \| 2 baths \| 1,344 sq.ft.	$1,149,120	Airbnb cash on cash: -3.5% Traditional cash on cash: -1.96% Airbnb Rental Income: $990 Traditional Rental Income: $2278 Airbnb ROI: -3.5% Traditional ROI: -1.96%
207 W Grandview #301 Traverse City, MI Introducing the epitome of luxury living nestled in the vibrant heart of downtown Traverse...	1 beds \| 2 baths \| 1,271 sq.ft.	$1,301,504	Airbnb cash on cash: -3.21% Traditional cash on cash: -1.9% Airbnb Rental Income: $990 Traditional Rental Income: $2219 Airbnb ROI: -3.21% Traditional ROI: -1.9%
207 W Grandview #303 Traverse City, MI Introducing the epitome of luxury living nestled in the vibrant heart of downtown Traverse...	2 beds \| 3 baths \| 2,068 sq.ft.	$1,840,520	Airbnb cash on cash: -2.36% Traditional cash on cash: -1.16% Airbnb Rental Income: $1403 Traditional Rental Income: $3037 Airbnb ROI: -2.36% Traditional ROI: -1.16%
207 W Grandview #305 Traverse City, MI Introducing the epitome of luxury living nestled in the vibrant heart of downtown Traverse...	3 beds \| 3 baths \| 3,023 sq.ft.	$3,545,979	Airbnb cash on cash: -1.6% Traditional cash on cash: -1.05% Airbnb Rental Income: $1832 Traditional Rental Income: $3139 Airbnb ROI: -1.6% Traditional ROI: -1.05%
207 W Grandview #304 Traverse City, MI Introducing the epitome of luxury living nestled in the vibrant heart of downtown Traverse...	3 beds \| 3 baths \| 2,956 sq.ft.	$3,260,468	Airbnb cash on cash: -1.65% Traditional cash on cash: -1.05% Airbnb Rental Income: $1832 Traditional Rental Income: $3139 Airbnb ROI: -1.65% Traditional ROI: -1.05%
207 W Grandview #402 Traverse City, MI Introducing the epitome of luxury living nestled in the vibrant heart of downtown Traverse...	1 beds \| 2 baths \| 1,344 sq.ft.	$1,229,760	Airbnb cash on cash: -3.34% Traditional cash on cash: -1.9% Airbnb Rental Income: $990 Traditional Rental Income: $2278 Airbnb ROI: -3.34% Traditional ROI: -1.9%
207 W Grandview #401 Traverse City, MI Introducing the epitome of luxury living nestled in the vibrant heart of downtown Traverse...	1 beds \| 2 baths \| 1,271 sq.ft.	$1,440,043	Airbnb cash on cash: -3% Traditional cash on cash: -1.81% Airbnb Rental Income: $990 Traditional Rental Income: $2219 Airbnb ROI: -3% Traditional ROI: -1.81%
207 W Grandview #403 Traverse City, MI Introducing the epitome of luxury living nestled in the vibrant heart of downtown Traverse...	2 beds \| 3 baths \| 2,068 sq.ft.	$2,103,156	Airbnb cash on cash: -2.19% Traditional cash on cash: -1.14% Airbnb Rental Income: $1403 Traditional Rental Income: $3037 Airbnb ROI: -2.19% Traditional ROI: -1.14%

Your search for investment property begins and ends here

Condos for Sale in Traverse City, MI

2839 Ruby Street

Traverse City, MI

3 beds | N/A baths | 1,648 sq.ft.

$453,990

Airbnb cash on cash: 0.59%

Traditional cash on cash: 3.54%

Airbnb Rental Income: $1555

Traditional Rental Income: $2358

Airbnb ROI: 0.59%

Traditional ROI: 3.54%

206 Boardman Avenue

Traverse City, MI

2 beds | 3 baths | 1,432 sq.ft.

$1,100,000

Airbnb cash on cash: -0.23%

Traditional cash on cash: 1.18%

Airbnb Rental Income: $1461

Traditional Rental Income: $2465

Airbnb ROI: -0.23%

Traditional ROI: 1.18%

2140 Chelsea Lane

Traverse City, MI

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

$695,000

Airbnb cash on cash: 4.49%

Traditional cash on cash: 3.66%

Airbnb Rental Income: $4942

Traditional Rental Income: $3391

Airbnb ROI: 4.49%

Traditional ROI: 3.66%

3808 Vale Drive

Traverse City, MI

2 beds | 1 baths | 906 sq.ft.

$204,900

Airbnb cash on cash: 1.97%

Traditional cash on cash: 3.94%

Airbnb Rental Income: $1461

Traditional Rental Income: $1412

Airbnb ROI: 1.97%

Traditional ROI: 3.94%

8906-B MANHATTAN NORTH

Traverse City, MI

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

$499,900

Airbnb cash on cash: -0.48%

Traditional cash on cash: 2.14%

Airbnb Rental Income: $1619

Traditional Rental Income: $2385

Airbnb ROI: -0.48%

Traditional ROI: 2.14%

2737 Green Meadows Drive

Traverse City, MI

2 beds | 1 baths | 800 sq.ft.

$199,900

Airbnb cash on cash: 3.11%

Traditional cash on cash: 3%

Airbnb Rental Income: $1619

Traditional Rental Income: $1140

Airbnb ROI: 3.11%

Traditional ROI: 3%

109 E Front Street #301

Traverse City, MI

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

$2,100,000

Airbnb cash on cash: -2.46%

Traditional cash on cash: -1.53%

Airbnb Rental Income: $1461

Traditional Rental Income: $2854

Airbnb ROI: -2.46%

Traditional ROI: -1.53%

7181 Cherrywood Court

Traverse City, MI

2 beds | 3 baths | 1,600 sq.ft.

$349,900

Airbnb cash on cash: 1.4%

Traditional cash on cash: 3.71%

Airbnb Rental Income: $1461

Traditional Rental Income: $1790

Airbnb ROI: 1.4%