Real Estate Investment Properties for Sale in Douglas, MI

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

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

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
43 Ellis Street Douglas, MI Charming Updated Home in the Heart of Downtown Douglas Located in a premier downtown Dougl...	2 beds \| 1 baths \| 1,302 sq.ft.	$519,900	Airbnb cash on cash: N/A Traditional cash on cash: 1.2% Airbnb Rental Income: $null Traditional Rental Income: $2038 Airbnb ROI: N/A Traditional ROI: 1.2%
408 Park Drive Douglas, MI Light-Filled Coastal Living Just Steps from Lake Michigan! Located just a hop, skip, and a...	4 beds \| 3 baths \| 2,275 sq.ft.	$1,035,000	Airbnb cash on cash: N/A Traditional cash on cash: 1.11% Airbnb Rental Income: $null Traditional Rental Income: $3447 Airbnb ROI: N/A Traditional ROI: 1.11%
212 W Randolph Street Douglas, MI Beautiful ranch located walking distance to Douglas, dining, shops, galleries and beaches....	3 beds \| N/A baths \| 1,268 sq.ft.	$759,995	Airbnb cash on cash: N/A Traditional cash on cash: 0.44% Airbnb Rental Income: $null Traditional Rental Income: $2219 Airbnb ROI: N/A Traditional ROI: 0.44%
6 Cider Hill Lane Douglas, MI A rare find in the beach and harbor communities of Douglas and Saugatuck, Cider Hill Lane ...	4 beds \| 3 baths \| 2,420 sq.ft.	$655,000	Airbnb cash on cash: N/A Traditional cash on cash: 2.45% Airbnb Rental Income: $null Traditional Rental Income: $2889 Airbnb ROI: N/A Traditional ROI: 2.45%
36 N Union Street Douglas, MI Welcome to this beautiful and spacious home in the heart of downtown Douglas, where comfor...	5 beds \| 2 baths \| 2,552 sq.ft.	$899,900	Airbnb cash on cash: N/A Traditional cash on cash: 0.78% Airbnb Rental Income: $null Traditional Rental Income: $2866 Airbnb ROI: N/A Traditional ROI: 0.78%
6910 3rd Street Douglas, MI Lake Living at it's finest. This 3 bedroom and 2.5 bath Lake House is close to Lake Michig...	3 beds \| 2 baths \| 1,716 sq.ft.	$949,000	Airbnb cash on cash: N/A Traditional cash on cash: 0.6% Airbnb Rental Income: $null Traditional Rental Income: $2529 Airbnb ROI: N/A Traditional ROI: 0.6%
6925 2nd Street Douglas, MI Custom-Built Lake Michigan Retreat! Welcome to Beach Glass, a stunning 3-bedroom, 2.5-bath...	3 beds \| 2 baths \| 2,584 sq.ft.	$1,100,000	Airbnb cash on cash: N/A Traditional cash on cash: -0.08% Airbnb Rental Income: $null Traditional Rental Income: $2537 Airbnb ROI: N/A Traditional ROI: -0.08%
320 Blue Star Highway unit: 35 #35 Douglas, MI TURN KEY INVESTMENT OPPORTUNITY. Beautiful 2 bed 2 bath condo built in 2018. Highly desira...	2 beds \| 2 baths \| 1,125 sq.ft.	$425,000	Airbnb cash on cash: N/A Traditional cash on cash: 2.16% Airbnb Rental Income: $null Traditional Rental Income: $2308 Airbnb ROI: N/A Traditional ROI: 2.16%
478 Amity Street Douglas, MI Discover this beautifully maintained 2 bedroom, 2.5 bathroom brick condo perfectly situate...	2 beds \| 2 baths \| 1,031 sq.ft.	$399,900	Airbnb cash on cash: N/A Traditional cash on cash: 2.64% Airbnb Rental Income: $null Traditional Rental Income: $1768 Airbnb ROI: N/A Traditional ROI: 2.64%
424 Fremont Street unit: 6 #6 Douglas, MI Charming 2-bedroom, 1 bath end-unit condo provides an incredible chance to own a piece of ...	2 beds \| 1 baths \| 922 sq.ft.	$350,000	Airbnb cash on cash: N/A Traditional cash on cash: 1.27% Airbnb Rental Income: $null Traditional Rental Income: $1441 Airbnb ROI: N/A Traditional ROI: 1.27%
320 BLUE STAR HIGHWAY Douglas, MI TURN KEY INVESTMENT OPPORTUNITY. Beautiful 2 bed 2 bath condo built in 2018. Highly desira...	2 beds \| 2 baths \| 1,125 sq.ft.	$425,000	Airbnb cash on cash: N/A Traditional cash on cash: 1.07% Airbnb Rental Income: $null Traditional Rental Income: $2175 Airbnb ROI: N/A Traditional ROI: 1.07%
11 E Chestnut Street unit: 1 #1 Douglas, MI Welcome to 11 East Chestnut! This ground level condo glows with natural light as it has wi...	1 beds \| 1 baths \| 779 sq.ft.	$330,000	Airbnb cash on cash: N/A Traditional cash on cash: 0.84% Airbnb Rental Income: $null Traditional Rental Income: $1378 Airbnb ROI: N/A Traditional ROI: 0.84%
1 Cider Hill Lane Douglas, MI Great free-standing condo, meticulously maintained on a cul-de-sac street close to Douglas...	3 beds \| 3 baths \| 2,286 sq.ft.	$675,000	Airbnb cash on cash: N/A Traditional cash on cash: 2.51% Airbnb Rental Income: $null Traditional Rental Income: $3016 Airbnb ROI: N/A Traditional ROI: 2.51%
3083 May Avenue Douglas, MI Seller is providing an as-is home inspection for review. Short term rentals allowed at lis...	4 beds \| 2 baths \| 1,652 sq.ft.	$695,000	Airbnb cash on cash: N/A Traditional cash on cash: 2.48% Airbnb Rental Income: $null Traditional Rental Income: $2812 Airbnb ROI: N/A Traditional ROI: 2.48%
303 W Wiley Road unit: 10 #10 Douglas, MI Priced to SELL, this Douglas Cove Condominium offers 3 bedrooms and 2.5 baths on 3 levels....	3 beds \| 2 baths \| 1,176 sq.ft.	$349,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.41% Airbnb Rental Income: $null Traditional Rental Income: $1953 Airbnb ROI: N/A Traditional ROI: 3.41%

Real Estate investment in Douglas, MI

There are 15 properties for sale in the city of Douglas . The median list price in Douglas is $655,000 and the average price per square foot is $406. In December 2025, the average monthly cash on cash return in Douglas is 1.00%. The average monthly rental income in Douglas is $2,038.

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

There are 15 investment properties available for sale in Douglas.

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

The ROI for Short-Term is higher than the Long-Term in Douglas with average rental income of $N/A.

Your search for investment property begins and ends here

Investment Property for Sale in Douglas, MI

43 Ellis Street

Douglas, MI

2 beds | 1 baths | 1,302 sq.ft.

$519,900

Airbnb cash on cash: N/A

Traditional cash on cash: 1.2%

Airbnb Rental Income: $null

Traditional Rental Income: $2038

Airbnb ROI: N/A

Traditional ROI: 1.2%

408 Park Drive

Douglas, MI

4 beds | 3 baths | 2,275 sq.ft.

$1,035,000

Airbnb cash on cash: N/A

Traditional cash on cash: 1.11%

Airbnb Rental Income: $null

Traditional Rental Income: $3447

Airbnb ROI: N/A

Traditional ROI: 1.11%

212 W Randolph Street

Douglas, MI

3 beds | N/A baths | 1,268 sq.ft.

$759,995

Airbnb cash on cash: N/A

Traditional cash on cash: 0.44%

Airbnb Rental Income: $null

Traditional Rental Income: $2219

Airbnb ROI: N/A

Traditional ROI: 0.44%

6 Cider Hill Lane

Douglas, MI

4 beds | 3 baths | 2,420 sq.ft.

$655,000

Airbnb cash on cash: N/A

Traditional cash on cash: 2.45%

Airbnb Rental Income: $null

Traditional Rental Income: $2889

Airbnb ROI: N/A

Traditional ROI: 2.45%

36 N Union Street

Douglas, MI

5 beds | 2 baths | 2,552 sq.ft.

$899,900

Airbnb cash on cash: N/A

Traditional cash on cash: 0.78%

Airbnb Rental Income: $null

Traditional Rental Income: $2866

Airbnb ROI: N/A

Traditional ROI: 0.78%

6910 3rd Street

Douglas, MI

3 beds | 2 baths | 1,716 sq.ft.

$949,000

Airbnb cash on cash: N/A

Traditional cash on cash: 0.6%

Airbnb Rental Income: $null

Traditional Rental Income: $2529

Airbnb ROI: N/A

Traditional ROI: 0.6%

6925 2nd Street

Douglas, MI

3 beds | 2 baths | 2,584 sq.ft.

$1,100,000

Airbnb cash on cash: N/A

Traditional cash on cash: -0.08%

Airbnb Rental Income: $null

Traditional Rental Income: $2537

Airbnb ROI: N/A

Traditional ROI: -0.08%

320 Blue Star Highway unit: 35 #35

Douglas, MI

2 beds | 2 baths | 1,125 sq.ft.

$425,000

Airbnb cash on cash: N/A

Traditional cash on cash: 2.16%

Airbnb Rental Income: $null

Traditional Rental Income: $2308

Airbnb ROI: N/A