Real Estate Investment Properties for Sale in Manistee, MI

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

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

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
4585 Schoedel Rd Manistee, MI Country Living!This 3+bedroom,2 full baths with a walkout basement sits on 5 private woode...	3 beds \| 2 baths \| 2,020 sq.ft.	$399,000	Airbnb cash on cash: 3.81% Traditional cash on cash: 4.33% Airbnb Rental Income: $2899 Traditional Rental Income: $2422 Airbnb ROI: 3.81% Traditional ROI: 4.33%
1806 Surfside Drive Manistee, MI Enjoy breathtaking views of LAKE MICHIGAN from this PROFESSIONALLY designed 3 bedroom, 2....	3 beds \| 3 baths \| 2,925 sq.ft.	$1,400,000	Airbnb cash on cash: 0.28% Traditional cash on cash: 1.02% Airbnb Rental Income: $2899 Traditional Rental Income: $3194 Airbnb ROI: 0.28% Traditional ROI: 1.02%
3395 Stronach Road Manistee, MI Quality built and maintained 4 bedroom 2 full bath home located on 7 beautiful acres next ...	4 beds \| 2 baths \| 2,042 sq.ft.	$429,000	Airbnb cash on cash: 3.61% Traditional cash on cash: 3.38% Airbnb Rental Income: $3298 Traditional Rental Income: $2465 Airbnb ROI: 3.61% Traditional ROI: 3.38%
4616 W Fox Farm Road Manistee, MI Enjoy the ever-changing Lake Michigan views from this four bedroom waterfront home. With ...	4 beds \| 3 baths \| 2,094 sq.ft.	$749,900	Airbnb cash on cash: 1.59% Traditional cash on cash: 2.01% Airbnb Rental Income: $3298 Traditional Rental Income: $2855 Airbnb ROI: 1.59% Traditional ROI: 2.01%
705 Harbor Drive Manistee, MI Seller says let's make a deal! All about Location in this easy living Ranch Home that sits...	2 beds \| 2 baths \| 1,700 sq.ft.	$464,900	Airbnb cash on cash: 3.89% Traditional cash on cash: 2.99% Airbnb Rental Income: $3411 Traditional Rental Income: $2261 Airbnb ROI: 3.89% Traditional ROI: 2.99%
1950 Kemmer Road Manistee, MI A must see 3 bedroom, 2 full bath home with attached 2 car garage on over half acre parcel...	3 beds \| 2 baths \| 2,092 sq.ft.	$350,000	Airbnb cash on cash: 3.89% Traditional cash on cash: 4.6% Airbnb Rental Income: $2899 Traditional Rental Income: $2462 Airbnb ROI: 3.89% Traditional ROI: 4.6%
365 3rd Street Manistee, MI Welcome to your new home in the heart of Manistee! This charming 3-bedroom residence is ne...	3 beds \| 1 baths \| 1,817 sq.ft.	$230,000	Airbnb cash on cash: 6.85% Traditional cash on cash: 4.82% Airbnb Rental Income: $2899 Traditional Rental Income: $1785 Airbnb ROI: 6.85% Traditional ROI: 4.82%
2830 BRADFORD ROAD Manistee, MI What a location! Just 2 miles from Lake Michigan's magnificent beaches and Orchard Beach S...	3 beds \| 2 baths \| 1,120 sq.ft.	$349,000	Airbnb cash on cash: 5.14% Traditional cash on cash: 1.86% Airbnb Rental Income: $2899 Traditional Rental Income: $1152 Airbnb ROI: 5.14% Traditional ROI: 1.86%
210 Cypress Street Manistee, MI Duplex in the city of Manistee located on Cypress St. This property is 4 blocks from Lake...	N/A beds \| N/A baths \| N/A	$159,000	Airbnb cash on cash: 2.36% Traditional cash on cash: 5.58% Airbnb Rental Income: $1308 Traditional Rental Income: $1390 Airbnb ROI: 2.36% Traditional ROI: 5.58%
1506 Vine Street Manistee, MI Charming and updated 3 bedroom home in Manistee! Looking for a home that's move-in ready w...	3 beds \| 1 baths \| 1,728 sq.ft.	$179,000	Airbnb cash on cash: 9.94% Traditional cash on cash: 7.15% Airbnb Rental Income: $2899 Traditional Rental Income: $1750 Airbnb ROI: 9.94% Traditional ROI: 7.15%
237 2nd Avenue Manistee, MI This Manistee Northside gem is walkable to downtown and Lake Michigan! This four bedroom, ...	4 beds \| 2 baths \| 2,112 sq.ft.	$229,900	Airbnb cash on cash: 8.55% Traditional cash on cash: 7.9% Airbnb Rental Income: $3298 Traditional Rental Income: $2418 Airbnb ROI: 8.55% Traditional ROI: 7.9%
13325 W Pine Lake Road Manistee, MI Escape to tranquility with this stunning cabin-style retreat nestled on 20 acres of serene...	4 beds \| 3 baths \| 2,983 sq.ft.	$489,900	Airbnb cash on cash: 3.85% Traditional cash on cash: 4.91% Airbnb Rental Income: $3298 Traditional Rental Income: $3046 Airbnb ROI: 3.85% Traditional ROI: 4.91%
197 Joslin Cove Drive Manistee, MI Finished move in ready Waterfront Townhouse with a 25' boat slip and a 2 car attached gara...	2 beds \| 3 baths \| 1,332 sq.ft.	$349,000	Airbnb cash on cash: 4.36% Traditional cash on cash: 3.44% Airbnb Rental Income: $3411 Traditional Rental Income: $2352 Airbnb ROI: 4.36% Traditional ROI: 3.44%
201 Joslin Cove Drive Manistee, MI Last lake front move in ready unit available. 2 Bed, 2.5 bath Waterfront Townhouse with 25...	2 beds \| 3 baths \| 1,332 sq.ft.	$349,000	Airbnb cash on cash: 3.84% Traditional cash on cash: 4.01% Airbnb Rental Income: $3411 Traditional Rental Income: $2709 Airbnb ROI: 3.84% Traditional ROI: 4.01%
2314 Revolt Road Manistee, MI Welcome to 2314 Revolt Rd, in Manistee, MI. Close to town, yet down a quiet dead end road,...	3 beds \| 2 baths \| 1,421 sq.ft.	$339,900	Airbnb cash on cash: 5.26% Traditional cash on cash: 5.78% Airbnb Rental Income: $2899 Traditional Rental Income: $2395 Airbnb ROI: 5.26% Traditional ROI: 5.78%
1070 E Parkdale Avenue Manistee, MI Three bedroom, two bathroom farm house with some great original wood work including wood f...	3 beds \| 2 baths \| 1,920 sq.ft.	$280,000	Airbnb cash on cash: 5.57% Traditional cash on cash: 6% Airbnb Rental Income: $2899 Traditional Rental Income: $2341 Airbnb ROI: 5.57% Traditional ROI: 6%
11816 Morton Road Manistee, MI Come check out this ranch style manufactured home on 10.97 acres M/L. This 3 bedroom, 2 b...	3 beds \| 2 baths \| 1,743 sq.ft.	$265,000	Airbnb cash on cash: 7.02% Traditional cash on cash: 7.64% Airbnb Rental Income: $2899 Traditional Rental Income: $2381 Airbnb ROI: 7.02% Traditional ROI: 7.64%
167 Joslin Cove Drive #16 Manistee, MI Enjoy easy livin' in Manistee-Home of world class fishing and golf! This 3-level end unit ...	3 beds \| 3 baths \| 2,208 sq.ft.	$439,000	Airbnb cash on cash: 2.4% Traditional cash on cash: 4.34% Airbnb Rental Income: $2899 Traditional Rental Income: $3024 Airbnb ROI: 2.4% Traditional ROI: 4.34%
5372 Chippewa Highway Manistee, MI Fabulous four bedroom, two bath home on five acres just north of Manistee. This home has ...	4 beds \| 2 baths \| 1,733 sq.ft.	$249,900	Airbnb cash on cash: 8.56% Traditional cash on cash: 8% Airbnb Rental Income: $3298 Traditional Rental Income: $2428 Airbnb ROI: 8.56% Traditional ROI: 8%
94 Charter Court Manistee, MI Fantastic location and lovely views from this 2-3 bedroom condo located in Harbor Village ...	3 beds \| 3 baths \| 1,863 sq.ft.	$529,000	Airbnb cash on cash: 0.49% Traditional cash on cash: 1.16% Airbnb Rental Income: $2899 Traditional Rental Income: $2559 Airbnb ROI: 0.49% Traditional ROI: 1.16%
13 Clay Street Manistee, MI Great Investment Opportunity! Well Maintained Duplex within walking distance to downtown...	N/A beds \| N/A baths \| N/A	$159,900	Airbnb cash on cash: 1.58% Traditional cash on cash: 4.76% Airbnb Rental Income: $1308 Traditional Rental Income: $1386 Airbnb ROI: 1.58% Traditional ROI: 4.76%
369 4th Street Manistee, MI Great opportunity to own a 2 unit rental property in Manistee! Each unit has two bedrooms...	N/A beds \| N/A baths \| N/A	$189,000	Airbnb cash on cash: 0.68% Traditional cash on cash: 2.69% Airbnb Rental Income: $1308 Traditional Rental Income: $1261 Airbnb ROI: 0.68% Traditional ROI: 2.69%
377 4th St. Street Manistee, MI Step into a piece of history with this exquisite Victorian home, a perfect blend of timele...	4 beds \| 3 baths \| 2,438 sq.ft.	$389,000	Airbnb cash on cash: 5.03% Traditional cash on cash: 5.89% Airbnb Rental Income: $3298 Traditional Rental Income: $2872 Airbnb ROI: 5.03% Traditional ROI: 5.89%
1933 Pine Ridge #5 Manistee, MI You won't want to miss this opportunity to own a beautiful brand new condominium in this q...	3 beds \| 3 baths \| 2,162 sq.ft.	$419,000	Airbnb cash on cash: 1.99% Traditional cash on cash: 3.57% Airbnb Rental Income: $2899 Traditional Rental Income: $2849 Airbnb ROI: 1.99% Traditional ROI: 3.57%
200 Washington Street Manistee, MI Excellent 2 story 6 Bedroom 2+ bath Turn of the century home 2 stall garage Lower Level La...	N/A beds \| N/A baths \| N/A	$199,900	Airbnb cash on cash: 2.09% Traditional cash on cash: 5.19% Airbnb Rental Income: $1308 Traditional Rental Income: $1488 Airbnb ROI: 2.09% Traditional ROI: 5.19%
458 1st Street Manistee, MI Embrace the best of Manistee in this pristine, one-year-old 2-bedroom, 2-bath ranch! Locat...	2 beds \| 2 baths \| 1,200 sq.ft.	$335,000	Airbnb cash on cash: 5.1% Traditional cash on cash: 4.41% Airbnb Rental Income: $3411 Traditional Rental Income: $2437 Airbnb ROI: 5.1% Traditional ROI: 4.41%
537 Mee Street Manistee, MI Built in 2012, this 3 bedroom 3 bathroom home in Filer City is a relatively new build. Ele...	3 beds \| 3 baths \| 1,788 sq.ft.	$249,900	Airbnb cash on cash: 7.5% Traditional cash on cash: 9.19% Airbnb Rental Income: $2899 Traditional Rental Income: $2625 Airbnb ROI: 7.5% Traditional ROI: 9.19%
2208 Nelson Street Manistee, MI Step into timeless charm with this classic Victorian home in the Oak Hill neighborhood of ...	3 beds \| 2 baths \| 1,675 sq.ft.	$224,900	Airbnb cash on cash: 8.47% Traditional cash on cash: 8.94% Airbnb Rental Income: $2899 Traditional Rental Income: $2329 Airbnb ROI: 8.47% Traditional ROI: 8.94%
5871 Chippewa Hwy Manistee, MI Country living at its finest with about 5 acres! This home has 4 bedrooms and 2 bathrooms....	4 beds \| 2 baths \| 2,400 sq.ft.	$375,000	Airbnb cash on cash: 5.27% Traditional cash on cash: 5.81% Airbnb Rental Income: $3298 Traditional Rental Income: $2749 Airbnb ROI: 5.27% Traditional ROI: 5.81%
295 1st Avenue Manistee, MI Introducing an exceptional opportunity located at 295 1st avenue; a charming home nestled ...	3 beds \| 2 baths \| 1,875 sq.ft.	$230,000	Airbnb cash on cash: 7.77% Traditional cash on cash: 8.51% Airbnb Rental Income: $2899 Traditional Rental Income: $2386 Airbnb ROI: 7.77% Traditional ROI: 8.51%
2830 Bradford Rd Road Manistee, MI	3 beds \| 2 baths \| 1,120 sq.ft.	$349,000	Airbnb cash on cash: 4.63% Traditional cash on cash: 3.57% Airbnb Rental Income: $2899 Traditional Rental Income: $1878 Airbnb ROI: 4.63% Traditional ROI: 3.57%
2830 BRADFORD ROAD LOT 9&AMP10 Manistee, MI What a location! Just 2 miles from Lake Michigan's magnificent beaches and Orchard Beach S...	3 beds \| 2 baths \| 1,120 sq.ft.	$349,000	Airbnb cash on cash: 5.49% Traditional cash on cash: 4.23% Airbnb Rental Income: $2899 Traditional Rental Income: $1813 Airbnb ROI: 5.49% Traditional ROI: 4.23%
2985 Wildwood Road Manistee, MI Nestled on 20 beautiful acres just a 1/2 mile from the shores of Lake Michigan, this 1/2 c...	4 beds \| 4 baths \| 2,866 sq.ft.	$675,000	Airbnb cash on cash: 2.27% Traditional cash on cash: 3.52% Airbnb Rental Income: $3298 Traditional Rental Income: $3341 Airbnb ROI: 2.27% Traditional ROI: 3.52%

Real Estate investment in Manistee, MI

There are 34 properties for sale in the city of Manistee . The median list price in Manistee is $230,000 and the average price per square foot is $130. In January 2025, the average monthly cash on cash return in Manistee is 6.00%. The average monthly rental income in Manistee is $2,326.

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

There are 34 investment properties available for sale in Manistee.

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

The ROI for Short-Term is higher than the Long-Term in Manistee with average rental income of $2,899.

Your search for investment property begins and ends here

Investment Property for Sale in Manistee, MI

4585 Schoedel Rd

Manistee, MI

3 beds | 2 baths | 2,020 sq.ft.

$399,000

Airbnb cash on cash: 3.81%

Traditional cash on cash: 4.33%

Airbnb Rental Income: $2899

Traditional Rental Income: $2422

Airbnb ROI: 3.81%

Traditional ROI: 4.33%

1806 Surfside Drive

Manistee, MI

3 beds | 3 baths | 2,925 sq.ft.

$1,400,000

Airbnb cash on cash: 0.28%

Traditional cash on cash: 1.02%

Airbnb Rental Income: $2899

Traditional Rental Income: $3194

Airbnb ROI: 0.28%

Traditional ROI: 1.02%

3395 Stronach Road

Manistee, MI

4 beds | 2 baths | 2,042 sq.ft.

$429,000

Airbnb cash on cash: 3.61%

Traditional cash on cash: 3.38%

Airbnb Rental Income: $3298

Traditional Rental Income: $2465

Airbnb ROI: 3.61%

Traditional ROI: 3.38%

4616 W Fox Farm Road

Manistee, MI

4 beds | 3 baths | 2,094 sq.ft.

$749,900

Airbnb cash on cash: 1.59%

Traditional cash on cash: 2.01%

Airbnb Rental Income: $3298

Traditional Rental Income: $2855

Airbnb ROI: 1.59%

Traditional ROI: 2.01%

705 Harbor Drive

Manistee, MI

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

$464,900

Airbnb cash on cash: 3.89%

Traditional cash on cash: 2.99%

Airbnb Rental Income: $3411

Traditional Rental Income: $2261

Airbnb ROI: 3.89%

Traditional ROI: 2.99%

1950 Kemmer Road

Manistee, MI

3 beds | 2 baths | 2,092 sq.ft.

$350,000

Airbnb cash on cash: 3.89%

Traditional cash on cash: 4.6%

Airbnb Rental Income: $2899

Traditional Rental Income: $2462

Airbnb ROI: 3.89%

Traditional ROI: 4.6%

365 3rd Street

Manistee, MI

3 beds | 1 baths | 1,817 sq.ft.

$230,000

Airbnb cash on cash: 6.85%

Traditional cash on cash: 4.82%

Airbnb Rental Income: $2899

Traditional Rental Income: $1785

Airbnb ROI: 6.85%

Traditional ROI: 4.82%

2830 BRADFORD ROAD

Manistee, MI

3 beds | 2 baths | 1,120 sq.ft.

$349,000

Airbnb cash on cash: 5.14%

Traditional cash on cash: 1.86%

Airbnb Rental Income: $2899

Traditional Rental Income: $1152

Airbnb ROI: 5.14%