Real Estate Investment Properties for Sale in Baldwin, MI

Looking for investment property in Baldwin, MI with high ROI ?

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

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
9325 S Lazy Lane #33 Baldwin, MI Super neat and well maintained RV Park model. Covered front deck allows pleasant spot to ...	1 beds \| 1 baths \| 665 sq.ft.	$98,900	Airbnb cash on cash: N/A Traditional cash on cash: 9.53% Airbnb Rental Income: $null Traditional Rental Income: $1286 Airbnb ROI: N/A Traditional ROI: 9.53%
2112 W Bal-San Drive Baldwin, MI This beautiful Baldwin Riverfront Estate can now be yours! Nested right on the banks of th...	3 beds \| 2 baths \| 2,100 sq.ft.	$299,900	Airbnb cash on cash: 2.63% Traditional cash on cash: 7.49% Airbnb Rental Income: $2008 Traditional Rental Income: $2857 Airbnb ROI: 2.63% Traditional ROI: 7.49%
2083 S Lynx Track Trail Baldwin, MI New Construction Alert! This beautifully crafted home is completely finished, ready to mov...	2 beds \| 2 baths \| 1,232 sq.ft.	$269,900	Airbnb cash on cash: 1.99% Traditional cash on cash: 6.38% Airbnb Rental Income: $1354 Traditional Rental Income: $2056 Airbnb ROI: 1.99% Traditional ROI: 6.38%
9908 S Paradise Circle #90 Baldwin, MI Ready to relax & enjoy yourself. This charming 2004 cottage comes with it's own fountain &...	1 beds \| 1 baths \| 800 sq.ft.	$120,000	Airbnb cash on cash: N/A Traditional cash on cash: 8.32% Airbnb Rental Income: $null Traditional Rental Income: $1400 Airbnb ROI: N/A Traditional ROI: 8.32%
8889 S Star Lake Drive Baldwin, MI Here is your own private hunting property! 30 acres of rolling woods, 2 bedroom, 1 bath, b...	2 beds \| 1 baths \| 1,350 sq.ft.	$294,900	Airbnb cash on cash: 1.54% Traditional cash on cash: 4.55% Airbnb Rental Income: $1354 Traditional Rental Income: $1775 Airbnb ROI: 1.54% Traditional ROI: 4.55%
9473 S Oxeye Avenue Baldwin, MI Waterfront paradise! This lakeside cottage is set up in a secluded setting, near the end o...	2 beds \| 1 baths \| 1,200 sq.ft.	$178,500	Airbnb cash on cash: 2.8% Traditional cash on cash: 9.02% Airbnb Rental Income: $1354 Traditional Rental Income: $1997 Airbnb ROI: 2.8% Traditional ROI: 9.02%
5576 S Whalen Lake Road Baldwin, MI Escape to tranquility with this beautiful cottage nestled on the shores of a peaceful no-w...	2 beds \| 1 baths \| 1,055 sq.ft.	$235,900	Airbnb cash on cash: 1.99% Traditional cash on cash: 6.12% Airbnb Rental Income: $1354 Traditional Rental Income: $1862 Airbnb ROI: 1.99% Traditional ROI: 6.12%
00 W Welch Road Baldwin, MI Deer Camp Seclusion! With THOUSANDS OF ACRES OF FEDERAL LAND on 3 sides! It comes with a b...	1 beds \| 1 baths \| 1,000 sq.ft.	$159,900	Airbnb cash on cash: N/A Traditional cash on cash: 6.99% Airbnb Rental Income: $null Traditional Rental Income: $1455 Airbnb ROI: N/A Traditional ROI: 6.99%
126 S USFS RD 5196 Baldwin, MI Attention Hunters! Private and secluded, this 80 plus acre parcel is ready for the fall! C...	2 beds \| 1 baths \| 1,400 sq.ft.	$399,900	Airbnb cash on cash: 0.55% Traditional cash on cash: 2.74% Airbnb Rental Income: $1354 Traditional Rental Income: $1760 Airbnb ROI: 0.55% Traditional ROI: 2.74%
2620 W Wilmas Way Baldwin, MI Enchanting Government Lakefront Cottage: Discover this delightful 2-bedroom cozy cottage t...	2 beds \| 1 baths \| 572 sq.ft.	$159,000	Airbnb cash on cash: 4.2% Traditional cash on cash: 8.41% Airbnb Rental Income: $1354 Traditional Rental Income: $1578 Airbnb ROI: 4.2% Traditional ROI: 8.41%
8575 Katie Lane Baldwin, MI Beautiful Big Star Lake Cottage! Peacefully situated with 89' of lake frontage, and provid...	3 beds \| 3 baths \| 2,464 sq.ft.	$649,000	Airbnb cash on cash: 0.86% Traditional cash on cash: 3.53% Airbnb Rental Income: $2008 Traditional Rental Income: $3103 Airbnb ROI: 0.86% Traditional ROI: 3.53%
5743 South Merrillville Rd Baldwin, MI This magnificent northern getaway boasts a home fully updated in 2000, featuring new insul...	3 beds \| 1 baths \| 723 sq.ft.	$130,000	Airbnb cash on cash: 9.53% Traditional cash on cash: 11.19% Airbnb Rental Income: $2008 Traditional Rental Income: $1692 Airbnb ROI: 9.53% Traditional ROI: 11.19%
6583 W Eastlake Drive Baldwin, MI Here is an opportunity to turn this 1971 2 bedroom 1 bathroom mobile home, that is sitting...	2 beds \| 1 baths \| 720 sq.ft.	$125,000	Airbnb cash on cash: 5.48% Traditional cash on cash: 9.15% Airbnb Rental Income: $1354 Traditional Rental Income: $1381 Airbnb ROI: 5.48% Traditional ROI: 9.15%
2473 W Northland Drive Baldwin, MI What a great starter home! Two bedrooms one bathroom with open living/kitchen area. Great ...	2 beds \| 1 baths \| 800 sq.ft.	$98,000	Airbnb cash on cash: 7.1% Traditional cash on cash: 11.78% Airbnb Rental Income: $1354 Traditional Rental Income: $1386 Airbnb ROI: 7.1% Traditional ROI: 11.78%
2777 S Dexter Road Baldwin, MI Well built open concept in this newly built 2 bedroom / 1 bath home. Red oak flooring alon...	2 beds \| 1 baths \| 984 sq.ft.	$224,000	Airbnb cash on cash: 2.77% Traditional cash on cash: 6.92% Airbnb Rental Income: $1354 Traditional Rental Income: $1821 Airbnb ROI: 2.77% Traditional ROI: 6.92%
8176 W Dry Dock Street Baldwin, MI Nestled in a quiet, friendly neighborhood, this beautifully remodeled 2-bedroom, 1-bathroo...	2 beds \| 1 baths \| 982 sq.ft.	$157,500	Airbnb cash on cash: 4.42% Traditional cash on cash: 8.79% Airbnb Rental Income: $1354 Traditional Rental Income: $1597 Airbnb ROI: 4.42% Traditional ROI: 8.79%
1990 W 40th Street Baldwin, MI Welcome to the lake! This charming ranch home is perched above Putman Lake just north of B...	3 beds \| 2 baths \| 1,340 sq.ft.	$249,900	Airbnb cash on cash: 4.24% Traditional cash on cash: 8.39% Airbnb Rental Income: $2008 Traditional Rental Income: $2464 Airbnb ROI: 4.24% Traditional ROI: 8.39%
11672 S Red Cedar Avenue Baldwin, MI Nestled in the heart of Baldwin, Michigan, this cozy home offers the perfect retreat for t...	2 beds \| 1 baths \| 1,348 sq.ft.	$160,000	Airbnb cash on cash: 3.44% Traditional cash on cash: 8.7% Airbnb Rental Income: $1354 Traditional Rental Income: $1743 Airbnb ROI: 3.44% Traditional ROI: 8.7%
8730 W River Ranch Bend #Cabin #1 Baldwin, MI The Cabin #1 parcel includes 1,346. feet of frontage on the Pere Marquette River and 5.43 ...	3 beds \| 2 baths \| 1,716 sq.ft.	$800,000	Airbnb cash on cash: -0.66% Traditional cash on cash: 1.01% Airbnb Rental Income: $2008 Traditional Rental Income: $2729 Airbnb ROI: -0.66% Traditional ROI: 1.01%
8765 W River Ranch Bend Baldwin, MI Cabin #3 has 1,148 feet of frontage and 17.95 acres on the Pere Marquette River. An easeme...	3 beds \| 2 baths \| 1,716 sq.ft.	$800,000	Airbnb cash on cash: -0.66% Traditional cash on cash: 1.01% Airbnb Rental Income: $2008 Traditional Rental Income: $2729 Airbnb ROI: -0.66% Traditional ROI: 1.01%
8705 W River Ranch Bend Baldwin, MI The Cabin #2 parcel includes 955. feet of frontage on the Pere Marquette River and 5.39 ac...	3 beds \| 2 baths \| 1,716 sq.ft.	$800,000	Airbnb cash on cash: -0.66% Traditional cash on cash: 1.01% Airbnb Rental Income: $2008 Traditional Rental Income: $2729 Airbnb ROI: -0.66% Traditional ROI: 1.01%
5712 S Roosevelt Street Baldwin, MI Clean, comfortable and move in ready! This 3 bedroom, 1 full bath ranch on a crawl space h...	3 beds \| 1 baths \| 960 sq.ft.	$129,900	Airbnb cash on cash: 9.07% Traditional cash on cash: 10.23% Airbnb Rental Income: $2008 Traditional Rental Income: $1630 Airbnb ROI: 9.07% Traditional ROI: 10.23%
9027 South Carter Avenue Baldwin, MI Have you been looking for lakefront property without being stacked up on neighbors? Look n...	2 beds \| 1 baths \| 1,196 sq.ft.	$199,900	Airbnb cash on cash: 2.91% Traditional cash on cash: 8.66% Airbnb Rental Income: $1354 Traditional Rental Income: $2030 Airbnb ROI: 2.91% Traditional ROI: 8.66%
3311 S Merrillville Road Baldwin, MI Charming 3-Bedroom Home/Cabin in Lake County Your Outdoor Paradise Awaits! Step inside t...	3 beds \| 1 baths \| 816 sq.ft.	$139,900	Airbnb cash on cash: 8.42% Traditional cash on cash: 10.21% Airbnb Rental Income: $2008 Traditional Rental Income: $1724 Airbnb ROI: 8.42% Traditional ROI: 10.21%
3728 S Merrillville Road Baldwin, MI 34.96 wooded acres adjoining state land! This 2 bedroom/1 full bath home has been remodel...	2 beds \| 1 baths \| 1,328 sq.ft.	$289,900	Airbnb cash on cash: 1.69% Traditional cash on cash: 4.5% Airbnb Rental Income: $1354 Traditional Rental Income: $1707 Airbnb ROI: 1.69% Traditional ROI: 4.5%

Real Estate investment in Baldwin, MI

There are 25 properties for sale in the city of Baldwin . The median list price in Baldwin is $159,900 and the average price per square foot is $128. In January 2025, the average monthly cash on cash return in Baldwin is 9.00%. The average monthly rental income in Baldwin is $1,821.

Baldwin, MI Real Estate Investing: FAQs for Buyers, Sellers and Investors

There are 25 investment properties available for sale in Baldwin.

In 2025, the best neighborhood to buy investment property is Baldwin.

The ROI for Long-Term is higher than the Short-Term in Baldwin with average rental income of $1,821.

Your search for investment property begins and ends here

Investment Property for Sale in Baldwin, MI

9325 S Lazy Lane #33

Baldwin, MI

1 beds | 1 baths | 665 sq.ft.

$98,900

Airbnb cash on cash: N/A

Traditional cash on cash: 9.53%

Airbnb Rental Income: $null

Traditional Rental Income: $1286

Airbnb ROI: N/A

Traditional ROI: 9.53%

2112 W Bal-San Drive

Baldwin, MI

3 beds | 2 baths | 2,100 sq.ft.

$299,900

Airbnb cash on cash: 2.63%

Traditional cash on cash: 7.49%

Airbnb Rental Income: $2008

Traditional Rental Income: $2857

Airbnb ROI: 2.63%

Traditional ROI: 7.49%

2083 S Lynx Track Trail

Baldwin, MI

2 beds | 2 baths | 1,232 sq.ft.

$269,900

Airbnb cash on cash: 1.99%

Traditional cash on cash: 6.38%

Airbnb Rental Income: $1354

Traditional Rental Income: $2056

Airbnb ROI: 1.99%

Traditional ROI: 6.38%

9908 S Paradise Circle #90

Baldwin, MI

1 beds | 1 baths | 800 sq.ft.

$120,000

Airbnb cash on cash: N/A

Traditional cash on cash: 8.32%

Airbnb Rental Income: $null

Traditional Rental Income: $1400

Airbnb ROI: N/A

Traditional ROI: 8.32%

8889 S Star Lake Drive

Baldwin, MI

2 beds | 1 baths | 1,350 sq.ft.

$294,900

Airbnb cash on cash: 1.54%

Traditional cash on cash: 4.55%

Airbnb Rental Income: $1354

Traditional Rental Income: $1775

Airbnb ROI: 1.54%

Traditional ROI: 4.55%

9473 S Oxeye Avenue

Baldwin, MI

2 beds | 1 baths | 1,200 sq.ft.

$178,500

Airbnb cash on cash: 2.8%

Traditional cash on cash: 9.02%

Airbnb Rental Income: $1354

Traditional Rental Income: $1997

Airbnb ROI: 2.8%

Traditional ROI: 9.02%

5576 S Whalen Lake Road

Baldwin, MI

2 beds | 1 baths | 1,055 sq.ft.

$235,900

Airbnb cash on cash: 1.99%

Traditional cash on cash: 6.12%

Airbnb Rental Income: $1354

Traditional Rental Income: $1862

Airbnb ROI: 1.99%

Traditional ROI: 6.12%

00 W Welch Road

Baldwin, MI

1 beds | 1 baths | 1,000 sq.ft.

$159,900

Airbnb cash on cash: N/A

Traditional cash on cash: 6.99%

Airbnb Rental Income: $null

Traditional Rental Income: $1455

Airbnb ROI: N/A