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.

Single Family Homes for Sale in Traverse City, MI

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

Showing 257 Single Family Residential 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
659 Hastings Street Traverse City, MI Opportunity knocks in the heart of Traverse City! Just off the TART Trail, near the airpor...	2 beds \| 1 baths \| 996 sq.ft.	$250,000	Airbnb cash on cash: 2.65% Traditional cash on cash: 4.73% Airbnb Rental Income: $1461 Traditional Rental Income: $1519 Airbnb ROI: 2.65% Traditional ROI: 4.73%
2939 RIDGE TRAIL DRIVE Traverse City, MI Gorgeous 4 bedroom 3 bath stunning home in highly desirable Stoneridge Subdivision. Great ...	4 beds \| 3 baths \| 2,916 sq.ft.	$675,000	Airbnb cash on cash: 4.57% Traditional cash on cash: 3.07% Airbnb Rental Income: $4942 Traditional Rental Income: $2987 Airbnb ROI: 4.57% Traditional ROI: 3.07%
1009 Carver Street Traverse City, MI Charming classic in town Bungalow â Well-Maintained with Original Character This solid 3...	3 beds \| 1 baths \| 1,184 sq.ft.	$320,000	Airbnb cash on cash: 2.49% Traditional cash on cash: 3.36% Airbnb Rental Income: $1819 Traditional Rental Income: $1590 Airbnb ROI: 2.49% Traditional ROI: 3.36%
3760 Five Mile Road Traverse City, MI East Bay bungalow on a large 1 acre lot just a few miles from the TART trail and Grand Tra...	2 beds \| 2 baths \| 1,164 sq.ft.	$287,500	Airbnb cash on cash: 1.53% Traditional cash on cash: 4.63% Airbnb Rental Income: $1461 Traditional Rental Income: $1869 Airbnb ROI: 1.53% Traditional ROI: 4.63%
13387 Blue Shore Drive Traverse City, MI Calling for Offers by 5pm Saturday 10/4/25. Rare opportunity to acquire a home and buildab...	4 beds \| 4 baths \| 3,942 sq.ft.	$1,048,000	Airbnb cash on cash: 0.29% Traditional cash on cash: 1.94% Airbnb Rental Income: $3667 Traditional Rental Income: $4474 Airbnb ROI: 0.29% Traditional ROI: 1.94%
1116 Wayne Street Traverse City, MI A rare opportunity in the popular "Slabtown" neighborhood on the west side of Traverse Cit...	3 beds \| 3 baths \| 3,550 sq.ft.	$1,050,000	Airbnb cash on cash: -1.15% Traditional cash on cash: 0.01% Airbnb Rental Income: $1961 Traditional Rental Income: $2573 Airbnb ROI: -1.15% Traditional ROI: 0.01%
2480 Chandler Road Traverse City, MI Lake Living with 102 feet of direct frontage on beautiful Chandler Lake, a 50-acre all-spo...	3 beds \| 2 baths \| 1,676 sq.ft.	$579,000	Airbnb cash on cash: 0.17% Traditional cash on cash: 2.37% Airbnb Rental Income: $1819 Traditional Rental Income: $2515 Airbnb ROI: 0.17% Traditional ROI: 2.37%
73 E Peach Tree Drive Traverse City, MI Located in a quiet neighborhood less than 10 miles from downtown Traverse City, this adora...	3 beds \| 2 baths \| 1,480 sq.ft.	$379,000	Airbnb cash on cash: 0.92% Traditional cash on cash: 3.1% Airbnb Rental Income: $1819 Traditional Rental Income: $2102 Airbnb ROI: 0.92% Traditional ROI: 3.1%
2641 Club Court Traverse City, MI Enjoy maintenance-free luxury living at the Crown Golf Course Community near Traverse City...	3 beds \| 3 baths \| 2,405 sq.ft.	$629,900	Airbnb cash on cash: -1.23% Traditional cash on cash: 2.36% Airbnb Rental Income: $1390 Traditional Rental Income: $3078 Airbnb ROI: -1.23% Traditional ROI: 2.36%
3493 Beitner Road Traverse City, MI Charming Chalet in the heart of the Boardman Valley. This 2-bedroom, 1-bath home offers th...	2 beds \| 1 baths \| 1,051 sq.ft.	$248,000	Airbnb cash on cash: 2.04% Traditional cash on cash: 3.32% Airbnb Rental Income: $1619 Traditional Rental Income: $1460 Airbnb ROI: 2.04% Traditional ROI: 3.32%
150 S Four Mile Road Traverse City, MI Nestled in a prime location in East Bay Township, this 4-bedroom, 2 bath home offers a pea...	4 beds \| 2 baths \| 1,672 sq.ft.	$325,000	Airbnb cash on cash: 6.56% Traditional cash on cash: 4.77% Airbnb Rental Income: $3667 Traditional Rental Income: $2320 Airbnb ROI: 6.56% Traditional ROI: 4.77%
9242 E Strang Road Traverse City, MI A rare opportunity to own over 7 acres in Leelanau County - this home and land are the ful...	3 beds \| 4 baths \| 2,696 sq.ft.	$850,000	Airbnb cash on cash: 0.04% Traditional cash on cash: 2.33% Airbnb Rental Income: $1961 Traditional Rental Income: $3265 Airbnb ROI: 0.04% Traditional ROI: 2.33%
4344 Audubon Drive Traverse City, MI Located in the desirable Holiday Hills neighborhoodâknown for its gorgeous homes, peacef...	4 beds \| 4 baths \| 3,324 sq.ft.	$599,000	Airbnb cash on cash: 2.36% Traditional cash on cash: 4.22% Airbnb Rental Income: $3667 Traditional Rental Income: $3911 Airbnb ROI: 2.36% Traditional ROI: 4.22%
6393 Center Road Traverse City, MI Nice 3 bedroom 2 bath home on the Peninsula, with attached garage. Basement has a fourth b...	3 beds \| 2 baths \| 1,210 sq.ft.	$390,000	Airbnb cash on cash: 0.9% Traditional cash on cash: 2.32% Airbnb Rental Income: $1841 Traditional Rental Income: $1867 Airbnb ROI: 0.9% Traditional ROI: 2.32%
327 Astro Drive Traverse City, MI Charming Traverse City Home in Quiet Neighborhood â Great Location & Investment Opportun...	3 beds \| 2 baths \| 1,575 sq.ft.	$290,000	Airbnb cash on cash: 0.69% Traditional cash on cash: 5.09% Airbnb Rental Income: $1390 Traditional Rental Income: $2173 Airbnb ROI: 0.69% Traditional ROI: 5.09%
4440 Vance Road Traverse City, MI Back on the market due to NO fault of the home. Buyer withdrew offer due to lending before...	2 beds \| 1 baths \| 1,050 sq.ft.	$245,000	Airbnb cash on cash: 3.07% Traditional cash on cash: 4.02% Airbnb Rental Income: $1619 Traditional Rental Income: $1381 Airbnb ROI: 3.07% Traditional ROI: 4.02%
1571 N South Long Lake Road Traverse City, MI Welcome to your private estate on the shores of Long Lake! Nearly 200ft of Private, sandy ...	5 beds \| 4 baths \| 3,259 sq.ft.	$1,885,000	Airbnb cash on cash: N/A Traditional cash on cash: 0% Airbnb Rental Income: $null Traditional Rental Income: $4533 Airbnb ROI: N/A Traditional ROI: 0%
1938 Lardie Road Traverse City, MI Stylish updates meet everyday comfort in this newly listed Traverse City home! The renovat...	4 beds \| 1 baths \| 2,035 sq.ft.	$370,000	Airbnb cash on cash: 6.36% Traditional cash on cash: 3.55% Airbnb Rental Income: $3667 Traditional Rental Income: $1889 Airbnb ROI: 6.36% Traditional ROI: 3.55%
9639 E WALKABOUT LANE Traverse City, MI Leelanau County living with easy TC proximity! Located in the highly sought-after Outback ...	4 beds \| 3 baths \| 2,916 sq.ft.	$685,000	Airbnb cash on cash: 3.4% Traditional cash on cash: 2.13% Airbnb Rental Income: $4942 Traditional Rental Income: $3113 Airbnb ROI: 3.4% Traditional ROI: 2.13%
2755 Shore Wood Drive Traverse City, MI Experience the ultimate lifestyle on West Grand Traverse Bay! This property boasts a sandy...	4 beds \| 4 baths \| 4,506 sq.ft.	$3,250,000	Airbnb cash on cash: -0.54% Traditional cash on cash: 0.01% Airbnb Rental Income: $3667 Traditional Rental Income: $4519 Airbnb ROI: -0.54% Traditional ROI: 0.01%
10579 Camrose Circle Traverse City, MI Welcome to Morgan Farms, Traverse City's highly desirable private communities! Beautifull...	3 beds \| 4 baths \| 2,520 sq.ft.	$756,900	Airbnb cash on cash: -0.17% Traditional cash on cash: 2.92% Airbnb Rental Income: $1961 Traditional Rental Income: $3625 Airbnb ROI: -0.17% Traditional ROI: 2.92%
3881 Paddock Drive Traverse City, MI Charming Traverse City Home in Quiet Neighborhood â Great Location & Investment Opportun...	3 beds \| 2 baths \| 1,502 sq.ft.	$290,000	Airbnb cash on cash: 1.55% Traditional cash on cash: 5.85% Airbnb Rental Income: $1390 Traditional Rental Income: $2144 Airbnb ROI: 1.55% Traditional ROI: 5.85%
19545 Woodland Trail Traverse City, MI Looking for a sense of peace, privacy, and true connection to nature? Tucked into 8 acres ...	3 beds \| 3 baths \| 2,425 sq.ft.	$845,000	Airbnb cash on cash: 0.17% Traditional cash on cash: 2.6% Airbnb Rental Income: $1961 Traditional Rental Income: $3364 Airbnb ROI: 0.17% Traditional ROI: 2.6%
7320 Peninsula Drive Traverse City, MI This beautifully renovated colonial on Peninsula Drive is undoubtedly a rare findâofferi...	4 beds \| 3 baths \| 2,931 sq.ft.	$1,100,000	Airbnb cash on cash: 1.04% Traditional cash on cash: 1.77% Airbnb Rental Income: $3667 Traditional Rental Income: $3616 Airbnb ROI: 1.04% Traditional ROI: 1.77%
610 W Tenth Street Traverse City, MI Welcome to 610 W Tenth Street - a charming 3-bedroom, 2-bath bungalow in downtown Traverse...	3 beds \| 2 baths \| 1,741 sq.ft.	$510,000	Airbnb cash on cash: 0.29% Traditional cash on cash: 2.65% Airbnb Rental Income: $1555 Traditional Rental Income: $2234 Airbnb ROI: 0.29% Traditional ROI: 2.65%
9600 Lake Leelanau Drive Traverse City, MI Welcome to a fresh, light-filled home that offers a blend of Leelanau Countyâs scenic la...	4 beds \| 2 baths \| 2,050 sq.ft.	$525,000	Airbnb cash on cash: 6.27% Traditional cash on cash: 3.1% Airbnb Rental Income: $4942 Traditional Rental Income: $2376 Airbnb ROI: 6.27% Traditional ROI: 3.1%
4015 BLUE WATER ROAD Traverse City, MI Welcome to 4015 Blue Water Rd, a beautifully renovated waterfront ranch on Traverse City's...	2 beds \| 2 baths \| 1,500 sq.ft.	$899,900	Airbnb cash on cash: -0.1% Traditional cash on cash: 1.03% Airbnb Rental Income: $1461 Traditional Rental Income: $1974 Airbnb ROI: -0.1% Traditional ROI: 1.03%
733 SIXTH STREET Traverse City, MI Charming downtown Traverse City home located on a rare corner lot with the serene Kids Cre...	3 beds \| 2 baths \| 1,323 sq.ft.	$325,000	Airbnb cash on cash: 0.98% Traditional cash on cash: 3.79% Airbnb Rental Income: $1555 Traditional Rental Income: $1964 Airbnb ROI: 0.98% Traditional ROI: 3.79%
1122 Basil Place Traverse City, MI This home has that modern countryside feel â a touch of rural calm paired with the conve...	2 beds \| 1 baths \| 850 sq.ft.	$275,000	Airbnb cash on cash: 1.09% Traditional cash on cash: 3.7% Airbnb Rental Income: $1461 Traditional Rental Income: $1707 Airbnb ROI: 1.09% Traditional ROI: 3.7%
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.	$4,000,000	Airbnb cash on cash: -0.23% Traditional cash on cash: -0.4% Airbnb Rental Income: $4942 Traditional Rental Income: $3266 Airbnb ROI: -0.23% Traditional ROI: -0.4%
4026 Center Farm Lane Traverse City, MI Discover this stunning, quality-built home in Traverse City's desirable west-side. Enjoy t...	3 beds \| 2 baths \| 1,632 sq.ft.	$525,000	Airbnb cash on cash: -0.33% Traditional cash on cash: 2.22% Airbnb Rental Income: $1390 Traditional Rental Income: $2223 Airbnb ROI: -0.33% Traditional ROI: 2.22%
2288 Nimrod Road Traverse City, MI Welcome to 2288 Nimrod Road â a beautifully maintained ranch home nestled on 3 peaceful ...	4 beds \| 2 baths \| 1,400 sq.ft.	$400,000	Airbnb cash on cash: 3.16% Traditional cash on cash: 3.9% Airbnb Rental Income: $2565 Traditional Rental Income: $2224 Airbnb ROI: 3.16% Traditional ROI: 3.9%
892 Sienna Street Traverse City, MI Totally Modern Package!.. Just Move-In for EZ, Economical Main-floor living! Convenient lo...	3 beds \| 2 baths \| 1,310 sq.ft.	$349,900	Airbnb cash on cash: 1.23% Traditional cash on cash: 3.89% Airbnb Rental Income: $1819 Traditional Rental Income: $2201 Airbnb ROI: 1.23% Traditional ROI: 3.89%
3490 Holiday Village Road Traverse City, MI Nestled on a tree-lined street in Traverse Cityâs Holiday Hills, this charming 3-bed, 2-...	3 beds \| 2 baths \| 2,126 sq.ft.	$529,000	Airbnb cash on cash: 0.86% Traditional cash on cash: 3.52% Airbnb Rental Income: $1819 Traditional Rental Income: $2644 Airbnb ROI: 0.86% Traditional ROI: 3.52%
908 Sienna Street Traverse City, MI Move-in ready 3-bedroom, 2-bathroom home in the sought-after Traditions neighborhood is re...	3 beds \| 2 baths \| 1,310 sq.ft.	$345,000	Airbnb cash on cash: 1.79% Traditional cash on cash: 4.7% Airbnb Rental Income: $1819 Traditional Rental Income: $2269 Airbnb ROI: 1.79% Traditional ROI: 4.7%
608 Brakel Point Drive Traverse City, MI Discover the perfect blend of beauty, recreation, and convenience at this Brakel Point ret...	3 beds \| 2 baths \| 2,040 sq.ft.	$1,149,000	Airbnb cash on cash: -1.71% Traditional cash on cash: 0.08% Airbnb Rental Income: $1390 Traditional Rental Income: $2886 Airbnb ROI: -1.71% Traditional ROI: 0.08%
928 Avenue E Traverse City, MI Welcome to this beautifully updated 3-bedroom, 1-bath home in the heart of Traverse City! ...	3 beds \| 1 baths \| 906 sq.ft.	$300,000	Airbnb cash on cash: 1.5% Traditional cash on cash: 2.39% Airbnb Rental Income: $1819 Traditional Rental Income: $1578 Airbnb ROI: 1.5% Traditional ROI: 2.39%
624 VILLAGE COURT Traverse City, MI Tucked at the end of a quiet cul-de-sac near Silver Lake, this newer single-family home (c...	4 beds \| 3 baths \| 2,479 sq.ft.	$630,000	Airbnb cash on cash: 4% Traditional cash on cash: 2.55% Airbnb Rental Income: $4942 Traditional Rental Income: $3077 Airbnb ROI: 4% Traditional ROI: 2.55%
11613 Whittington Street Traverse City, MI Welcome to your New Home in the highly respected Morgan Farms Parkview Subdivision. You wo...	3 beds \| N/A baths \| 2,529 sq.ft.	$765,000	Airbnb cash on cash: -0.36% Traditional cash on cash: 2.29% Airbnb Rental Income: $1961 Traditional Rental Income: $3331 Airbnb ROI: -0.36% Traditional ROI: 2.29%
8012 S West Bayshore Drive Traverse City, MI 100 feet of private sandy frontage on West Bay with breathtaking views! Ideally positioned...	4 beds \| 2 baths \| 2,250 sq.ft.	$1,049,000	Airbnb cash on cash: 1.4% Traditional cash on cash: 0.34% Airbnb Rental Income: $4942 Traditional Rental Income: $2895 Airbnb ROI: 1.4% Traditional ROI: 0.34%

Your search for investment property begins and ends here

Single Family Homes for Sale in Traverse City, MI

659 Hastings Street

Traverse City, MI

2 beds | 1 baths | 996 sq.ft.

$250,000

Airbnb cash on cash: 2.65%

Traditional cash on cash: 4.73%

Airbnb Rental Income: $1461

Traditional Rental Income: $1519

Airbnb ROI: 2.65%

Traditional ROI: 4.73%

2939 RIDGE TRAIL DRIVE

Traverse City, MI

4 beds | 3 baths | 2,916 sq.ft.

$675,000

Airbnb cash on cash: 4.57%

Traditional cash on cash: 3.07%

Airbnb Rental Income: $4942

Traditional Rental Income: $2987

Airbnb ROI: 4.57%

Traditional ROI: 3.07%

1009 Carver Street

Traverse City, MI

3 beds | 1 baths | 1,184 sq.ft.

$320,000

Airbnb cash on cash: 2.49%

Traditional cash on cash: 3.36%

Airbnb Rental Income: $1819

Traditional Rental Income: $1590

Airbnb ROI: 2.49%

Traditional ROI: 3.36%

3760 Five Mile Road

Traverse City, MI

2 beds | 2 baths | 1,164 sq.ft.

$287,500

Airbnb cash on cash: 1.53%

Traditional cash on cash: 4.63%

Airbnb Rental Income: $1461

Traditional Rental Income: $1869

Airbnb ROI: 1.53%

Traditional ROI: 4.63%

13387 Blue Shore Drive

Traverse City, MI

4 beds | 4 baths | 3,942 sq.ft.

$1,048,000

Airbnb cash on cash: 0.29%

Traditional cash on cash: 1.94%

Airbnb Rental Income: $3667

Traditional Rental Income: $4474

Airbnb ROI: 0.29%

Traditional ROI: 1.94%

1116 Wayne Street

Traverse City, MI

3 beds | 3 baths | 3,550 sq.ft.

$1,050,000

Airbnb cash on cash: -1.15%

Traditional cash on cash: 0.01%

Airbnb Rental Income: $1961

Traditional Rental Income: $2573

Airbnb ROI: -1.15%

Traditional ROI: 0.01%

2480 Chandler Road

Traverse City, MI

3 beds | 2 baths | 1,676 sq.ft.

$579,000

Airbnb cash on cash: 0.17%

Traditional cash on cash: 2.37%

Airbnb Rental Income: $1819

Traditional Rental Income: $2515

Airbnb ROI: 0.17%

Traditional ROI: 2.37%

73 E Peach Tree Drive

Traverse City, MI

3 beds | 2 baths | 1,480 sq.ft.

$379,000

Airbnb cash on cash: 0.92%

Traditional cash on cash: 3.1%

Airbnb Rental Income: $1819

Traditional Rental Income: $2102

Airbnb ROI: 0.92%