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 131 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 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%
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%
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%
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%
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%
508 Hastings Street #1 Traverse City, MI Welcome to this Contemporary Urban Oasis near the heart of downtown Traverse City. This go...	1 beds \| 1 baths \| 564 sq.ft.	$274,900	Airbnb cash on cash: -0.51% Traditional cash on cash: 2% Airbnb Rental Income: $1181 Traditional Rental Income: $1447 Airbnb ROI: -0.51% Traditional ROI: 2%
630-319 S Garfield Avenue #319 Traverse City, MI Welcome to your Up North escape or your brand-new investment property! And if you are look...	2 beds \| 2 baths \| 961 sq.ft.	$325,000	Airbnb cash on cash: 0.65% Traditional cash on cash: 3.31% Airbnb Rental Income: $1500 Traditional Rental Income: $1874 Airbnb ROI: 0.65% Traditional ROI: 3.31%
630-306 S Garfield Avenue #306 Traverse City, MI Welcome to Trailside45 Unit 306, a beautifully furnished 2 bed, 2 bath condo offering mode...	2 beds \| 2 baths \| 897 sq.ft.	$319,000	Airbnb cash on cash: 0.71% Traditional cash on cash: 3.94% Airbnb Rental Income: $1500 Traditional Rental Income: $2032 Airbnb ROI: 0.71% Traditional ROI: 3.94%
1825 E Eighth Street #220 Traverse City, MI Looking for an investment opportunity in Traverse City? Utilize this 2 bed 2 bath condo wh...	2 beds \| 2 baths \| 990 sq.ft.	$415,000	Airbnb cash on cash: 0.05% Traditional cash on cash: 1.8% Airbnb Rental Income: $1543 Traditional Rental Income: $1774 Airbnb ROI: 0.05% Traditional ROI: 1.8%
708 Randolph Street #206 Traverse City, MI Ideally positioned in the heart of Traverse City's vibrant west side, this beautifully app...	2 beds \| 2 baths \| 923 sq.ft.	$489,000	Airbnb cash on cash: 0.49% Traditional cash on cash: 1.75% Airbnb Rental Income: $1994 Traditional Rental Income: $2048 Airbnb ROI: 0.49% Traditional ROI: 1.75%
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: -0.24% Traditional cash on cash: 1.34% Airbnb Rental Income: $1994 Traditional Rental Income: $2211 Airbnb ROI: -0.24% Traditional ROI: 1.34%
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: -1.59% Traditional cash on cash: -0.27% Airbnb Rental Income: $2230 Traditional Rental Income: $3140 Airbnb ROI: -1.59% Traditional ROI: -0.27%
1388 Gray Drive #3 Traverse City, MI Historic ambience and a modern urban lifestyle combine to create the ideal condominium. Bu...	1 beds \| 1 baths \| 853 sq.ft.	$479,000	Airbnb cash on cash: -0.61% Traditional cash on cash: 1.24% Airbnb Rental Income: $1367 Traditional Rental Income: $1782 Airbnb ROI: -0.61% Traditional ROI: 1.24%
207 W Grandview #202 Traverse City, MI Introducing refined downtown living at The Continental in the heart of Traverse City. This...	1 beds \| 2 baths \| 1,344 sq.ft.	$1,344,000	Airbnb cash on cash: -2.88% Traditional cash on cash: -1.82% Airbnb Rental Income: $1374 Traditional Rental Income: $2278 Airbnb ROI: -2.88% Traditional ROI: -1.82%
207 W Grandview #201 Traverse City, MI Welcome to elevated downtown living at The Continental, where modern luxury meets the ener...	1 beds \| 2 baths \| 1,271 sq.ft.	$1,525,000	Airbnb cash on cash: -2.66% Traditional cash on cash: -1.77% Airbnb Rental Income: $1374 Traditional Rental Income: $2219 Airbnb ROI: -2.66% Traditional ROI: -1.77%
207 W Grandview #203 Traverse City, MI Welcome to sophisticated downtown living at The Continental, perfectly positioned in the h...	2 beds \| 3 baths \| 2,068 sq.ft.	$2,068,000	Airbnb cash on cash: -1.99% Traditional cash on cash: -1.14% Airbnb Rental Income: $1903 Traditional Rental Income: $3037 Airbnb ROI: -1.99% Traditional ROI: -1.14%
207 W Grandview #205 Traverse City, MI Welcome to luxury living at The Continental, where modern design meets the beauty of West ...	3 beds \| 3 baths \| 3,123 sq.ft.	$4,277,545	Airbnb cash on cash: -1.44% Traditional cash on cash: -1.04% Airbnb Rental Income: $2068 Traditional Rental Income: $3139 Airbnb ROI: -1.44% Traditional ROI: -1.04%
207 W Grandview #204 Traverse City, MI Experience one of the most exclusive residences at The Continental. This premier corner th...	3 beds \| 3 baths \| 2,956 sq.ft.	$3,842,800	Airbnb cash on cash: -1.49% Traditional cash on cash: -1.04% Airbnb Rental Income: $2068 Traditional Rental Income: $3139 Airbnb ROI: -1.49% Traditional ROI: -1.04%
207 W Grandview #302 Traverse City, MI Introducing refined downtown living at The Continental in the heart of Traverse City. This...	1 beds \| 2 baths \| 1,344 sq.ft.	$1,411,200	Airbnb cash on cash: -2.79% Traditional cash on cash: -1.78% Airbnb Rental Income: $1374 Traditional Rental Income: $2278 Airbnb ROI: -2.79% Traditional ROI: -1.78%
207 W Grandview #301 Traverse City, MI Welcome to elevated downtown living at The Continental, where modern luxury meets the ener...	1 beds \| 2 baths \| 1,271 sq.ft.	$1,652,300	Airbnb cash on cash: -2.53% Traditional cash on cash: -1.71% Airbnb Rental Income: $1374 Traditional Rental Income: $2219 Airbnb ROI: -2.53% Traditional ROI: -1.71%
207 W Grandview #303 Traverse City, MI Welcome to sophisticated downtown living at The Continental, perfectly positioned in the h...	2 beds \| 3 baths \| 2,068 sq.ft.	$2,171,400	Airbnb cash on cash: -1.95% Traditional cash on cash: -1.13% Airbnb Rental Income: $1903 Traditional Rental Income: $3037 Airbnb ROI: -1.95% Traditional ROI: -1.13%
207 W Grandview #305 Traverse City, MI Welcome to luxury living at The Continental, where modern design meets the beauty of West ...	3 beds \| 3 baths \| 3,123 sq.ft.	$4,277,545	Airbnb cash on cash: -1.44% Traditional cash on cash: -1.04% Airbnb Rental Income: $2068 Traditional Rental Income: $3139 Airbnb ROI: -1.44% Traditional ROI: -1.04%
207 W Grandview #304 Traverse City, MI Experience one of the most exclusive residences at The Continental. This premier corner th...	3 beds \| 3 baths \| 2,956 sq.ft.	$3,990,600	Airbnb cash on cash: -1.48% Traditional cash on cash: -1.04% Airbnb Rental Income: $2068 Traditional Rental Income: $3139 Airbnb ROI: -1.48% Traditional ROI: -1.04%
918 W Front Street #3 Traverse City, MI SLABTOWN FLATS is a trendy condo community that resides in the highly desirable Slabtown n...	1 beds \| 1 baths \| 544 sq.ft.	$295,000	Airbnb cash on cash: 0.56% Traditional cash on cash: 2.04% Airbnb Rental Income: $1367 Traditional Rental Income: $1362 Airbnb ROI: 0.56% Traditional ROI: 2.04%
5361 Gray Road Traverse City, MI Traverse City Condo. Close to beach shopping, hospital. Country location for this 2 Bed ro...	2 beds \| 1 baths \| 881 sq.ft.	$249,900	Airbnb cash on cash: 2.03% Traditional cash on cash: 1.28% Airbnb Rental Income: $1994 Traditional Rental Income: $1297 Airbnb ROI: 2.03% Traditional ROI: 1.28%
12055 S Woodwinds Circle #23 Traverse City, MI LUXURY CONDO! A Wooded Tree House Setting w/Natural Light Filtering Through the Trees! 2 B...	2 beds \| 3 baths \| 2,300 sq.ft.	$589,900	Airbnb cash on cash: 1.04% Traditional cash on cash: 3.23% Airbnb Rental Income: $1994 Traditional Rental Income: $2678 Airbnb ROI: 1.04% Traditional ROI: 3.23%
630 S Garfield Traverse City, MI Experience modern up-north living in this beautiful executive-style studio condo located i...	1 beds \| 1 baths \| 593 sq.ft.	$209,000	Airbnb cash on cash: 0.97% Traditional cash on cash: 4.57% Airbnb Rental Income: $1168 Traditional Rental Income: $1497 Airbnb ROI: 0.97% Traditional ROI: 4.57%
400 Webster Street #2B Traverse City, MI Welcome to the Boardman Building - A Historic Icon Reimagined. Originally built in 1913 as...	3 beds \| 3 baths \| 2,081 sq.ft.	$2,100,000	Airbnb cash on cash: -0.24% Traditional cash on cash: 0.35% Airbnb Rental Income: $2124 Traditional Rental Income: $2726 Airbnb ROI: -0.24% Traditional ROI: 0.35%
630 S Garfield Avenue #108 Traverse City, MI This tastefully decorated 2-bedroom, 2-bathroom ground floor condo with modern decor in Tr...	2 beds \| 2 baths \| 897 sq.ft.	$335,000	Airbnb cash on cash: 0.55% Traditional cash on cash: 3.64% Airbnb Rental Income: $1500 Traditional Rental Income: $2032 Airbnb ROI: 0.55% Traditional ROI: 3.64%
810 Cottageview Drive #302 Traverse City, MI Located within The Village at Grand Traverse Commons, one of Northern Michigan's most icon...	2 beds \| 2 baths \| 1,525 sq.ft.	$649,000	Airbnb cash on cash: 0.68% Traditional cash on cash: 1.55% Airbnb Rental Income: $1994 Traditional Rental Income: $2005 Airbnb ROI: 0.68% Traditional ROI: 1.55%
109 E Front Street #213 Traverse City, MI Spacious second floor office space being converted into a luxury residential condo in the ...	3 beds \| 2 baths \| 1,860 sq.ft.	$1,656,360	Airbnb cash on cash: -0.89% Traditional cash on cash: -0.03% Airbnb Rental Income: $2068 Traditional Rental Income: $2867 Airbnb ROI: -0.89% Traditional ROI: -0.03%
630 S Garfield Avenue #304 Traverse City, MI This 2-bedroom, 2-bathroom third floor condo in Trailside 45 has an outdoor patio and in u...	2 beds \| 2 baths \| 897 sq.ft.	$312,900	Airbnb cash on cash: 0.89% Traditional cash on cash: 4.03% Airbnb Rental Income: $1543 Traditional Rental Income: $2021 Airbnb ROI: 0.89% Traditional ROI: 4.03%

Your search for investment property begins and ends here

Condos 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%

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%

Traditional ROI: 4.06%

1022 Centre Street

Traverse City, MI

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%

109 E Front Street #301

Traverse City, MI

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%

1040 Umber Drive

Traverse City, MI

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%

508 Hastings Street #1

Traverse City, MI

1 beds | 1 baths | 564 sq.ft.

$274,900

Airbnb cash on cash: -0.51%

Traditional cash on cash: 2%

Airbnb Rental Income: $1181

Traditional Rental Income: $1447

Airbnb ROI: -0.51%

Traditional ROI: 2%

630-319 S Garfield Avenue #319

Traverse City, MI

2 beds | 2 baths | 961 sq.ft.

$325,000

Airbnb cash on cash: 0.65%

Traditional cash on cash: 3.31%

Airbnb Rental Income: $1500

Traditional Rental Income: $1874

Airbnb ROI: 0.65%