Real Estate Investment Properties for Sale in Grand Rapids, MI

Looking for investment property in Grand Rapids, MI with high ROI ?

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

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
600 Monroe Avenue NW #406 Grand Rapids, MI Stunning and distinguished 3 bedroom, 3 full bath Penthouse Downtown condo at Monroe Terra...	3 beds \| 3 baths \| 2,355 sq.ft.	$870,000	Airbnb cash on cash: -0.62% Traditional cash on cash: 0.38% Airbnb Rental Income: $2660 Traditional Rental Income: $2838 Airbnb ROI: -0.62% Traditional ROI: 0.38%
11 White Hills Avenue NE Grand Rapids, MI What a spacious open floor plan perfect for entertaining! Over 4100 sq ft of finished spac...	4 beds \| 4 baths \| 4,133 sq.ft.	$699,900	Airbnb cash on cash: 2.77% Traditional cash on cash: 4.18% Airbnb Rental Income: $4121 Traditional Rental Income: $4167 Airbnb ROI: 2.77% Traditional ROI: 4.18%
1471 3 Mile Road NE Grand Rapids, MI Welcome to this stunning brick ranch nestled on a sprawling 1.8 acre lot with beautiful fl...	4 beds \| 4 baths \| 2,434 sq.ft.	$524,900	Airbnb cash on cash: 3.38% Traditional cash on cash: 4.8% Airbnb Rental Income: $3513 Traditional Rental Income: $3432 Airbnb ROI: 3.38% Traditional ROI: 4.8%
940 Monroe Avenue NW #105 Grand Rapids, MI Welcome to your Newly Renovated Nest Perched in a Tranquil Forest Courtyard in the Heart o...	2 beds \| 2 baths \| 1,215 sq.ft.	$354,900	Airbnb cash on cash: 2.63% Traditional cash on cash: 2.24% Airbnb Rental Income: $2826 Traditional Rental Income: $2037 Airbnb ROI: 2.63% Traditional ROI: 2.24%
1453 Fourth Street NW Grand Rapids, MI Back on the market with a whole new kitchen equipped with all new stainless steel applianc...	4 beds \| 2 baths \| 1,802 sq.ft.	$289,900	Airbnb cash on cash: 9.67% Traditional cash on cash: 5.73% Airbnb Rental Income: $4427 Traditional Rental Income: $2426 Airbnb ROI: 9.67% Traditional ROI: 5.73%
335 Bridge Street NW #902 Grand Rapids, MI Fantastic views of the Grand River and Downtown Grand Rapids. The entirely custom condomin...	1 beds \| 1 baths \| 1,031 sq.ft.	$324,900	Airbnb cash on cash: 0.17% Traditional cash on cash: -0.47% Airbnb Rental Income: $2609 Traditional Rental Income: $1790 Airbnb ROI: 0.17% Traditional ROI: -0.47%
24 41st Street SW Grand Rapids, MI Welcome to 24 41st St! Adorable 1.5 story bungalow offers 3 bedrooms, 2 full baths and be...	3 beds \| 2 baths \| 1,700 sq.ft.	$256,000	Airbnb cash on cash: 9.9% Traditional cash on cash: 7.04% Airbnb Rental Income: $3990 Traditional Rental Income: $2443 Airbnb ROI: 9.9% Traditional ROI: 7.04%
947 Baraga Street NE Grand Rapids, MI 3% in Seller Concessions are being offered to the buyer. This charming home is tucked away...	3 beds \| 2 baths \| 1,570 sq.ft.	$302,500	Airbnb cash on cash: 4.78% Traditional cash on cash: 4.9% Airbnb Rental Income: $2824 Traditional Rental Income: $2200 Airbnb ROI: 4.78% Traditional ROI: 4.9%
940 Monroe Avenue NW #116 Grand Rapids, MI Boardwalk Condos - This move-in ready amazing gem, in the bustling social district, is an ...	1 beds \| 1 baths \| 619 sq.ft.	$200,000	Airbnb cash on cash: 5.95% Traditional cash on cash: 1.71% Airbnb Rental Income: $2546 Traditional Rental Income: $1127 Airbnb ROI: 5.95% Traditional ROI: 1.71%
2645 Lake Edge Lane NE Grand Rapids, MI Price reduced! This beautiful executive ranch sits on a Â¾ acre lot overlooking Dean Lake ...	4 beds \| 4 baths \| 3,148 sq.ft.	$1,225,000	Airbnb cash on cash: 0.17% Traditional cash on cash: 1.02% Airbnb Rental Income: $3513 Traditional Rental Income: $3704 Airbnb ROI: 0.17% Traditional ROI: 1.02%
2710 Sterner Street NW Grand Rapids, MI OPEN HOUSE CANCELEDDiscover comfort and convenience in this updated 4-bed, 2-bath home...	4 beds \| 2 baths \| 2,076 sq.ft.	$334,900	Airbnb cash on cash: 9.07% Traditional cash on cash: 5.96% Airbnb Rental Income: $4573 Traditional Rental Income: $2644 Airbnb ROI: 9.07% Traditional ROI: 5.96%
917 Arlington Street NE Grand Rapids, MI Charming home in the heart of Cheshire Neighborhood! This adorable home offers conveni...	3 beds \| 2 baths \| 1,286 sq.ft.	$279,900	Airbnb cash on cash: 7.02% Traditional cash on cash: 5.09% Airbnb Rental Income: $3188 Traditional Rental Income: $1958 Airbnb ROI: 7.02% Traditional ROI: 5.09%
737 Dolbee Avenue SE Grand Rapids, MI This diamond-in-the-rough home features an open floor plan on the main level, with a spaci...	3 beds \| 1 baths \| 1,290 sq.ft.	$204,900	Airbnb cash on cash: 9.24% Traditional cash on cash: 3.97% Airbnb Rental Income: $3290 Traditional Rental Income: $1529 Airbnb ROI: 9.24% Traditional ROI: 3.97%
1350 Hollywood Street NE Grand Rapids, MI Don't miss out on this beautifully remodeled starter home in North Grand Rapids! Tucked aw...	3 beds \| 1 baths \| 996 sq.ft.	$244,900	Airbnb cash on cash: 7.86% Traditional cash on cash: 5.67% Airbnb Rental Income: $3188 Traditional Rental Income: $1961 Airbnb ROI: 7.86% Traditional ROI: 5.67%
808 Coit Avenue NE Grand Rapids, MI Don't miss this incredible opportunity to own a home in the highly sought-after Belknap ne...	2 beds \| 1 baths \| 1,010 sq.ft.	$184,900	Airbnb cash on cash: 9.44% Traditional cash on cash: 6.11% Airbnb Rental Income: $2826 Traditional Rental Income: $1581 Airbnb ROI: 9.44% Traditional ROI: 6.11%
2098 Celadon Drive NE #38 Grand Rapids, MI This 3-bedroom, 2 full bath townhome features over 1400 sq ft of living space and is locat...	3 beds \| 2 baths \| 1,402 sq.ft.	$329,900	Airbnb cash on cash: 8.07% Traditional cash on cash: 3.58% Airbnb Rental Income: $4568 Traditional Rental Income: $2226 Airbnb ROI: 8.07% Traditional ROI: 3.58%
655 Lydia Street NE Grand Rapids, MI Spacious, move-in ready home just steps from Highland Park and the vibrant Medical Mile! T...	5 beds \| 2 baths \| 2,150 sq.ft.	$312,000	Airbnb cash on cash: N/A Traditional cash on cash: 6.54% Airbnb Rental Income: $null Traditional Rental Income: $2587 Airbnb ROI: N/A Traditional ROI: 6.54%
1525 Lenox Road SE Grand Rapids, MI Welcome home to this adorable ranch on a cul-de-sac, around the corner from downtown East ...	3 beds \| 3 baths \| 1,352 sq.ft.	$325,000	Airbnb cash on cash: 6.26% Traditional cash on cash: 5.17% Airbnb Rental Income: $3361 Traditional Rental Income: $2281 Airbnb ROI: 6.26% Traditional ROI: 5.17%
335 Bridge Street NW #2004 Grand Rapids, MI Are you looking for Breathtaking views from the 20th floor?! Welcome to River House Unit 2...	2 beds \| 2 baths \| 1,281 sq.ft.	$399,000	Airbnb cash on cash: 0.31% Traditional cash on cash: 0.61% Airbnb Rental Income: $2957 Traditional Rental Income: $2384 Airbnb ROI: 0.31% Traditional ROI: 0.61%
981 Valley Avenue NW Grand Rapids, MI Step into this beautiful turnkey bi-level home, built in the 80s, with vaulted ceilings an...	3 beds \| 2 baths \| 1,466 sq.ft.	$319,000	Airbnb cash on cash: 4.49% Traditional cash on cash: 4.73% Airbnb Rental Income: $2690 Traditional Rental Income: $2124 Airbnb ROI: 4.49% Traditional ROI: 4.73%
460 Fulton Street E #3 Grand Rapids, MI This beautifully updated 2-bedroom, 2-bath condo is perfect for both homeowners and invest...	2 beds \| 2 baths \| 1,123 sq.ft.	$299,900	Airbnb cash on cash: 2.33% Traditional cash on cash: 1.32% Airbnb Rental Income: $2561 Traditional Rental Income: $1661 Airbnb ROI: 2.33% Traditional ROI: 1.32%
92 Woodcrest Drive NW Grand Rapids, MI Welcome to 92 Woodcrest Dr NW. This beautiful sprawling brick ranch home is nestled away o...	3 beds \| 3 baths \| 3,169 sq.ft.	$405,000	Airbnb cash on cash: 4.21% Traditional cash on cash: 6.57% Airbnb Rental Income: $2970 Traditional Rental Income: $3180 Airbnb ROI: 4.21% Traditional ROI: 6.57%
133 Rexford Drive SE Grand Rapids, MI Beautifully updated East Grand Rapids brick ranch. Buyers will appreciate the high end fin...	4 beds \| 2 baths \| 2,256 sq.ft.	$495,000	Airbnb cash on cash: 4.48% Traditional cash on cash: 3.04% Airbnb Rental Income: $4121 Traditional Rental Income: $2578 Airbnb ROI: 4.48% Traditional ROI: 3.04%
1900 LAKE MICHIGAN Drive NW Grand Rapids, MI Mid-Century, all brick ranch on popular NW side with over 3,600 total sqft of living space...	3 beds \| 3 baths \| 3,681 sq.ft.	$349,900	Airbnb cash on cash: 4.44% Traditional cash on cash: 6.23% Airbnb Rental Income: $2970 Traditional Rental Income: $2874 Airbnb ROI: 4.44% Traditional ROI: 6.23%
5147 Coit Avenue NE Grand Rapids, MI Welcome to 5147 Coit Ave NE, a charming ranch-style home in Grand Rapids featuring 4 bedro...	4 beds \| 1 baths \| 1,362 sq.ft.	$264,999	Airbnb cash on cash: 8.58% Traditional cash on cash: 5.9% Airbnb Rental Income: $3513 Traditional Rental Income: $2068 Airbnb ROI: 8.58% Traditional ROI: 5.9%
2108 Rosewood Avenue SE Grand Rapids, MI Surprising, Ranch with Over 2000 sgft Finished! Located Close to Restaurants, Shopping, Pu...	3 beds \| 2 baths \| 2,482 sq.ft.	$319,876	Airbnb cash on cash: 6.31% Traditional cash on cash: 6.02% Airbnb Rental Income: $3361 Traditional Rental Income: $2522 Airbnb ROI: 6.31% Traditional ROI: 6.02%
3225 Shadyside Drive NE Grand Rapids, MI Welcome to this stunning custom-built home by Ottawa Builders, offering the perfect blend ...	4 beds \| 3 baths \| 3,634 sq.ft.	$695,000	Airbnb cash on cash: 2.08% Traditional cash on cash: 2.88% Airbnb Rental Income: $3513 Traditional Rental Income: $3258 Airbnb ROI: 2.08% Traditional ROI: 2.88%
335 Bridge Street NW #1707 Grand Rapids, MI Welcome to the Rogue at River House Condominiums. This fabulous 17th floor end unit on the...	2 beds \| 2 baths \| 1,703 sq.ft.	$524,900	Airbnb cash on cash: 0.13% Traditional cash on cash: 0.79% Airbnb Rental Income: $2957 Traditional Rental Income: $2597 Airbnb ROI: 0.13% Traditional ROI: 0.79%
632 Lamberton Street NE Grand Rapids, MI Welcome home to this cute 3 bed, 2 full bath on the NE side of GR. Close to Plainfield and...	3 beds \| 2 baths \| 1,038 sq.ft.	$239,900	Airbnb cash on cash: 8.62% Traditional cash on cash: 5.93% Airbnb Rental Income: $3188 Traditional Rental Income: $1857 Airbnb ROI: 8.62% Traditional ROI: 5.93%
133 Montrose Street NE Grand Rapids, MI Discover this charming 3-bedroom, 1-bath home that has been thoughtfully remodeled, blendi...	3 beds \| 1 baths \| 1,034 sq.ft.	$215,000	Airbnb cash on cash: 9.9% Traditional cash on cash: 5.28% Airbnb Rental Income: $3188 Traditional Rental Income: $1525 Airbnb ROI: 9.9% Traditional ROI: 5.28%
1062 Fountain Street NE Grand Rapids, MI WELCOME HOME! The location, character and updates of this home are beyond comparison. This...	4 beds \| 2 baths \| 1,735 sq.ft.	$350,000	Airbnb cash on cash: 8.87% Traditional cash on cash: 4.58% Airbnb Rental Income: $4668 Traditional Rental Income: $2292 Airbnb ROI: 8.87% Traditional ROI: 4.58%
2926 Oakwood Drive SE Grand Rapids, MI East Grand Rapids. All brick cape cod on a peaceful treelined street. This beautifully ma...	3 beds \| 3 baths \| 2,491 sq.ft.	$525,000	Airbnb cash on cash: 1.06% Traditional cash on cash: 2.15% Airbnb Rental Income: $3361 Traditional Rental Income: $3151 Airbnb ROI: 1.06% Traditional ROI: 2.15%
1944 Awixa Street NW Grand Rapids, MI You've Hit the Jackpot with This Home! Located in a newer neighborhood within the highly r...	4 beds \| 3 baths \| 2,750 sq.ft.	$425,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.19% Airbnb Rental Income: $null Traditional Rental Income: $2973 Airbnb ROI: N/A Traditional ROI: 5.19%
642 Pleasant Street SE Grand Rapids, MI Step into a piece of history with this beautifully maintained Victorian duplex, built in 1...	N/A beds \| N/A baths \| N/A	$375,000	Airbnb cash on cash: 1.72% Traditional cash on cash: 1.89% Airbnb Rental Income: $2045 Traditional Rental Income: $1575 Airbnb ROI: 1.72% Traditional ROI: 1.89%
940 Monroe Avenue NW #457 Grand Rapids, MI Downtown living at its best with this 4th-floor condo with a view of the Grand River! 940 ...	2 beds \| 1 baths \| 1,045 sq.ft.	$322,500	Airbnb cash on cash: 3.09% Traditional cash on cash: 1.48% Airbnb Rental Income: $2826 Traditional Rental Income: $1676 Airbnb ROI: 3.09% Traditional ROI: 1.48%
1111 Orville Street SE Grand Rapids, MI Welcome to this delightful Cape Cod-style home. Featuring original hardwood floors and ele...	2 beds \| 2 baths \| 874 sq.ft.	$209,000	Airbnb cash on cash: 6.81% Traditional cash on cash: 6.8% Airbnb Rental Income: $2376 Traditional Rental Income: $1790 Airbnb ROI: 6.81% Traditional ROI: 6.8%
1900 Monroe Avenue NW Grand Rapids, MI Welcome to 1900 Monroeâa stunning and spacious 4-bedroom home featuring a fully equipped...	4 beds \| 2 baths \| 3,200 sq.ft.	$335,000	Airbnb cash on cash: 9.13% Traditional cash on cash: 5.67% Airbnb Rental Income: $4427 Traditional Rental Income: $2413 Airbnb ROI: 9.13% Traditional ROI: 5.67%
111 Maynard Avenue SW Grand Rapids, MI Welcome to this fully remodeled and expanded 4-bedroom, 3.5-bathroom residence in the City...	4 beds \| 4 baths \| 3,056 sq.ft.	$759,900	Airbnb cash on cash: 3.29% Traditional cash on cash: 3.2% Airbnb Rental Income: $4573 Traditional Rental Income: $3559 Airbnb ROI: 3.29% Traditional ROI: 3.2%
3955 Grape Avenue NE Grand Rapids, MI Welcome to Grape Ave! This charming 3-bedroom, 1-bathroom ranch is the ideal starter home....	3 beds \| 1 baths \| 1,000 sq.ft.	$250,000	Airbnb cash on cash: 7.64% Traditional cash on cash: 4.69% Airbnb Rental Income: $3188 Traditional Rental Income: $1772 Airbnb ROI: 7.64% Traditional ROI: 4.69%
810 Paradise Lake Drive SE Grand Rapids, MI Welcome to this stunningly beautiful ranch home in the highly-sought after Forest Hills Sc...	3 beds \| 3 baths \| 2,187 sq.ft.	$435,000	Airbnb cash on cash: 6.41% Traditional cash on cash: 4.31% Airbnb Rental Income: $4464 Traditional Rental Income: $2676 Airbnb ROI: 6.41% Traditional ROI: 4.31%

Real Estate investment in Grand-rapids, MI

There are 673 properties for sale in the city of Grand Rapids . The median list price in Grand Rapids is $319,000 and the average price per square foot is $167. In November 2024, the average monthly cash on cash return in Grand Rapids is 5.00%. The average monthly rental income in Grand Rapids is $2,331.

Grand-rapids, MI Real Estate Investing: FAQs for Buyers, Sellers and Investors

There are 673 investment properties available for sale in Grand-rapids.

In 2024, the best neighborhood to buy investment property is South East Community.

The ROI for Short-Term is higher than the Long-Term in Grand-rapids with average rental income of $3,130.

Your search for investment property begins and ends here

Investment Property for Sale in Grand Rapids, MI

600 Monroe Avenue NW #406

Grand Rapids, MI

3 beds | 3 baths | 2,355 sq.ft.

$870,000

Airbnb cash on cash: -0.62%

Traditional cash on cash: 0.38%

Airbnb Rental Income: $2660

Traditional Rental Income: $2838

Airbnb ROI: -0.62%

Traditional ROI: 0.38%

11 White Hills Avenue NE

Grand Rapids, MI

4 beds | 4 baths | 4,133 sq.ft.

$699,900

Airbnb cash on cash: 2.77%

Traditional cash on cash: 4.18%

Airbnb Rental Income: $4121

Traditional Rental Income: $4167

Airbnb ROI: 2.77%

Traditional ROI: 4.18%

1471 3 Mile Road NE

Grand Rapids, MI

4 beds | 4 baths | 2,434 sq.ft.

$524,900

Airbnb cash on cash: 3.38%

Traditional cash on cash: 4.8%

Airbnb Rental Income: $3513

Traditional Rental Income: $3432

Airbnb ROI: 3.38%

Traditional ROI: 4.8%

940 Monroe Avenue NW #105

Grand Rapids, MI

2 beds | 2 baths | 1,215 sq.ft.

$354,900

Airbnb cash on cash: 2.63%

Traditional cash on cash: 2.24%

Airbnb Rental Income: $2826

Traditional Rental Income: $2037

Airbnb ROI: 2.63%

Traditional ROI: 2.24%

1453 Fourth Street NW

Grand Rapids, MI

4 beds | 2 baths | 1,802 sq.ft.

$289,900

Airbnb cash on cash: 9.67%

Traditional cash on cash: 5.73%

Airbnb Rental Income: $4427

Traditional Rental Income: $2426

Airbnb ROI: 9.67%

Traditional ROI: 5.73%

335 Bridge Street NW #902

Grand Rapids, MI

1 beds | 1 baths | 1,031 sq.ft.

$324,900

Airbnb cash on cash: 0.17%

Traditional cash on cash: -0.47%

Airbnb Rental Income: $2609

Traditional Rental Income: $1790

Airbnb ROI: 0.17%

Traditional ROI: -0.47%

24 41st Street SW

Grand Rapids, MI

3 beds | 2 baths | 1,700 sq.ft.

$256,000

Airbnb cash on cash: 9.9%

Traditional cash on cash: 7.04%

Airbnb Rental Income: $3990

Traditional Rental Income: $2443

Airbnb ROI: 9.9%

Traditional ROI: 7.04%

947 Baraga Street NE

Grand Rapids, MI

3 beds | 2 baths | 1,570 sq.ft.

$302,500

Airbnb cash on cash: 4.78%

Traditional cash on cash: 4.9%

Airbnb Rental Income: $2824

Traditional Rental Income: $2200

Airbnb ROI: 4.78%