Central Jerusalem Gem: Income-Producing 2-Room Apartment with Airbnb Upside

What if your first night of ownership was already paid for? This tenanted 2-room apartment in the beating heart of Jerusalem puts money in your pocket from day one — while you plan your next move.

Spread across 40 sqm on a quiet pedestrian lane just minutes from Mahane Yehuda Market, the light rail, and a 20-minute stroll to the Western Wall, the location alone commands attention. The layout is smart and efficient: an open-plan living area with kitchenette flows out to a private balcony overlooking the building's tranquil interior courtyard, while the generous bedroom enjoys the same peaceful outlook. Air conditioning keeps things comfortable year-round.

The numbers make sense too. Priced at 1,870,000 NIS (approximately 46,750 NIS/sqm), the current tenancy delivers an estimated 3.5% rental yield — solid for central Jerusalem. But the real opportunity lies beyond the long-term lease: a modest renovation could unlock the short-term rental market, where downtown Jerusalem properties consistently outperform on platforms like Airbnb, particularly during Jewish holidays and peak tourist seasons.

Whether you're building a Jerusalem portfolio, securing a pied-à-terre, or seeking a hands-off income asset, this apartment checks every box.

Explore this listing and discover more Jerusalem investment properties at realestate-jerusalem.com — your gateway to the Holy City's property market.