Real Estate Investment Properties for Sale in Alpine, AZ

Looking for investment property in Alpine, AZ with high ROI ?

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

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
3 County Road N2261 Alpine, AZ Reduced $50k! 22.54 ACRES WITH 360 degrees WHITE MOUNTAIN VIEWS AND A RARE SHORT-TERM RE...	1 beds \| N/A baths \| 2,400 sq.ft.	$699,900	Airbnb cash on cash: -0.71% Traditional cash on cash: 1.41% Airbnb Rental Income: $1082 Traditional Rental Income: $2094 Airbnb ROI: -0.71% Traditional ROI: 1.41%
24 County Road 2065 -- Alpine, AZ Charming Turn-Key MOUNTAIN CABIN in Alpine Village East - No HOA, Meadow Views! Welcome to...	2 beds \| 1 baths \| 1,153 sq.ft.	$379,900	Airbnb cash on cash: 0.88% Traditional cash on cash: 4.3% Airbnb Rental Income: $1292 Traditional Rental Income: $2108 Airbnb ROI: 0.88% Traditional ROI: 4.3%
11 Whitetail Rd Alpine, AZ IMMACULATE, FULLY FURNISHED, COZY CABIN SECLUDED IN THE TALL PINES. NEW METAL ROOF,HUGE GA...	2 beds \| 1 baths \| 1,340 sq.ft.	$470,000	Airbnb cash on cash: 0.53% Traditional cash on cash: 2.48% Airbnb Rental Income: $1292 Traditional Rental Income: $1746 Airbnb ROI: 0.53% Traditional ROI: 2.48%
7 County Road 2044 Alpine, AZ BEAUTIFUL FULL ROUND LOG CABIN WITH 3 LEVEL LOG GARAGE IN TAL WI WI. MAIN CABIN HAS 2 BEDR...	3 beds \| N/A baths \| 1,875 sq.ft.	$524,900	Airbnb cash on cash: 2.1% Traditional cash on cash: 5.13% Airbnb Rental Income: $2317 Traditional Rental Income: $3229 Airbnb ROI: 2.1% Traditional ROI: 5.13%
70 County Road 2266 -- Alpine, AZ Rare 5-bedroom, 3-bath mountain cabin on 1.74 acres backing the National Forest in the hig...	5 beds \| 3 baths \| 2,104 sq.ft.	$480,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.99% Airbnb Rental Income: $null Traditional Rental Income: $2899 Airbnb ROI: N/A Traditional ROI: 4.99%
28 County Road 2310 -- Alpine, AZ Tucked deep into the forest and bordering Apache-Sitgreaves National Forest, this private ...	4 beds \| 3 baths \| 3,000 sq.ft.	$749,900	Airbnb cash on cash: 1.05% Traditional cash on cash: 3.71% Airbnb Rental Income: $2174 Traditional Rental Income: $3484 Airbnb ROI: 1.05% Traditional ROI: 3.71%
25350 Highway 191 Alpine, AZ *** NEW GREAT PRICE - COME TAKE AND LOOK AND MAKE AN OFFER Nestled in the serene beauty of...	4 beds \| N/A baths \| 2,062 sq.ft.	$324,900	Airbnb cash on cash: 3.79% Traditional cash on cash: 8.27% Airbnb Rental Income: $2174 Traditional Rental Income: $2993 Airbnb ROI: 3.79% Traditional ROI: 8.27%
17 County Road 2195 -- Alpine, AZ Turnkey Forest Estate \| Backs National Forest \| Alpine Forest Estates Now Offered at a New...	4 beds \| 3 baths \| 2,353 sq.ft.	$899,000	Airbnb cash on cash: 0.32% Traditional cash on cash: 2.34% Airbnb Rental Income: $2174 Traditional Rental Income: $3316 Airbnb ROI: 0.32% Traditional ROI: 2.34%
53 Co Rd 2092 Alpine, AZ No HOA, panoramic mountain views, private well, upgraded utilities, RV hookups, and room f...	3 beds \| 2 baths \| 1,493 sq.ft.	$345,000	Airbnb cash on cash: 4.05% Traditional cash on cash: 6.48% Airbnb Rental Income: $2317 Traditional Rental Income: $2529 Airbnb ROI: 4.05% Traditional ROI: 6.48%
4 County Road 2089 -- Alpine, AZ Lovely mountain cabin nestled in the trees along with decks to relax and enjoy the outdoor...	3 beds \| 2 baths \| 1,420 sq.ft.	$454,900	Airbnb cash on cash: 2.57% Traditional cash on cash: 4.18% Airbnb Rental Income: $2317 Traditional Rental Income: $2427 Airbnb ROI: 2.57% Traditional ROI: 4.18%
3 County Road 2089 -- Alpine, AZ Escape to the cool mountain air with this 3-bedroom, 2-bathroom home, tucked away on just ...	3 beds \| 2 baths \| 1,790 sq.ft.	$400,000	Airbnb cash on cash: 3.08% Traditional cash on cash: 5.81% Airbnb Rental Income: $2317 Traditional Rental Income: $2766 Airbnb ROI: 3.08% Traditional ROI: 5.81%
53 County Road 2092 -- Alpine, AZ 53 County Road 2092 --, Alpine, AZ 85920 \| Single Family Residential	3 beds \| 2 baths \| 1,493 sq.ft.	$345,000	Airbnb cash on cash: 3.43% Traditional cash on cash: 4.59% Airbnb Rental Income: $2317 Traditional Rental Income: $2119 Airbnb ROI: 3.43% Traditional ROI: 4.59%
15 County Road 2083 -- #10 Alpine, AZ 15 County Road 2083 -- #10, Alpine, AZ 85920 \| Other	N/A beds \| N/A baths \| N/A	$185,000	Airbnb cash on cash: 0.72% Traditional cash on cash: 2.29% Airbnb Rental Income: $842 Traditional Rental Income: $789 Airbnb ROI: 0.72% Traditional ROI: 2.29%
000 County Road 2196 -- #74A Alpine, AZ 000 County Road 2196 -- #74A, Alpine, AZ 85920 \| Other	N/A beds \| N/A baths \| N/A	$65,000	Airbnb cash on cash: 4.67% Traditional cash on cash: 8.93% Airbnb Rental Income: $842 Traditional Rental Income: $789 Airbnb ROI: 4.67% Traditional ROI: 8.93%
TBD CR N2121 Alpine, AZ TBD CR N2121, Alpine, AZ 85920 \| Other	N/A beds \| N/A baths \| N/A	$190,000	Airbnb cash on cash: 0.66% Traditional cash on cash: 2.19% Airbnb Rental Income: $842 Traditional Rental Income: $789 Airbnb ROI: 0.66% Traditional ROI: 2.19%
Lot 23 The Ranch at Alpine Alpine, AZ Lot 23 The Ranch at Alpine, Alpine, AZ 85920 \| Other	N/A beds \| N/A baths \| N/A	$150,000	Airbnb cash on cash: 1.26% Traditional cash on cash: 3.19% Airbnb Rental Income: $842 Traditional Rental Income: $789 Airbnb ROI: 1.26% Traditional ROI: 3.19%
Lot 35 The Ranch at Alpine -- #35 Alpine, AZ Lot 35 The Ranch at Alpine -- #35, Alpine, AZ 85920 \| Other	N/A beds \| N/A baths \| N/A	$210,000	Airbnb cash on cash: 0.45% Traditional cash on cash: 2.29% Airbnb Rental Income: $842 Traditional Rental Income: $880 Airbnb ROI: 0.45% Traditional ROI: 2.29%
Lot 25 The Ranch at Alpine -- #25 Alpine, AZ Lot 25 The Ranch at Alpine -- #25, Alpine, AZ 85920 \| Other	N/A beds \| N/A baths \| N/A	$205,000	Airbnb cash on cash: 0.5% Traditional cash on cash: 2.39% Airbnb Rental Income: $842 Traditional Rental Income: $880 Airbnb ROI: 0.5% Traditional ROI: 2.39%
Lot 23 The Ranch at Alpine -- #23 Alpine, AZ Lot 23 The Ranch at Alpine -- #23, Alpine, AZ 85920 \| Other	N/A beds \| N/A baths \| N/A	$150,000	Airbnb cash on cash: 1.26% Traditional cash on cash: 3.19% Airbnb Rental Income: $842 Traditional Rental Income: $789 Airbnb ROI: 1.26% Traditional ROI: 3.19%
10 N2310 Alpine, AZ 10 N2310, Alpine, AZ 85920 \| Other	N/A beds \| N/A baths \| N/A	$275,000	Airbnb cash on cash: -0.04% Traditional cash on cash: 1.5% Airbnb Rental Income: $842 Traditional Rental Income: $911 Airbnb ROI: -0.04% Traditional ROI: 1.5%
7 2190 Alpine, AZ 7 2190, Alpine, AZ 85920 \| Other	N/A beds \| N/A baths \| N/A	$62,900	Airbnb cash on cash: 4.87% Traditional cash on cash: 11.2% Airbnb Rental Income: $842 Traditional Rental Income: $911 Airbnb ROI: 4.87% Traditional ROI: 11.2%
7 Eric Ln #28 Alpine, AZ	N/A beds \| N/A baths \| N/A	$59,900	Airbnb cash on cash: 5.32% Traditional cash on cash: 9.98% Airbnb Rental Income: $842 Traditional Rental Income: $793 Airbnb ROI: 5.32% Traditional ROI: 9.98%
7 Eric Ln Alpine, AZ	N/A beds \| N/A baths \| N/A	$59,900	Airbnb cash on cash: 5.17% Traditional cash on cash: 11.87% Airbnb Rental Income: $842 Traditional Rental Income: $915 Airbnb ROI: 5.17% Traditional ROI: 11.87%
14 County Rd 2074 Alpine, AZ 14 County Rd 2074, Alpine, AZ 85920 \| Other	N/A beds \| N/A baths \| N/A	$85,000	Airbnb cash on cash: 3.37% Traditional cash on cash: 6.69% Airbnb Rental Income: $842 Traditional Rental Income: $789 Airbnb ROI: 3.37% Traditional ROI: 6.69%
14 County RD 2074 -- #29 Alpine, AZ 14 County RD 2074 -- #29, Alpine, AZ 85920 \| Other	N/A beds \| N/A baths \| N/A	$85,000	Airbnb cash on cash: 3.37% Traditional cash on cash: 6.69% Airbnb Rental Income: $842 Traditional Rental Income: $789 Airbnb ROI: 3.37% Traditional ROI: 6.69%
15 Co Rd 2083 Alpine, AZ 15 Co Rd 2083, Alpine, AZ 85920 \| Other	N/A beds \| N/A baths \| N/A	$185,000	Airbnb cash on cash: 0.72% Traditional cash on cash: 2.29% Airbnb Rental Income: $842 Traditional Rental Income: $789 Airbnb ROI: 0.72% Traditional ROI: 2.29%
8 County Road 2194 Alpine, AZ 8 County Road 2194, Alpine, AZ 85920 \| Other	N/A beds \| N/A baths \| N/A	$79,900	Airbnb cash on cash: 3.57% Traditional cash on cash: 7.13% Airbnb Rental Income: $842 Traditional Rental Income: $793 Airbnb ROI: 3.57% Traditional ROI: 7.13%
440 2104 -- #005J Alpine, AZ	N/A beds \| N/A baths \| N/A	$399,000	Airbnb cash on cash: -0.53% Traditional cash on cash: 0.21% Airbnb Rental Income: $842 Traditional Rental Income: $789 Airbnb ROI: -0.53% Traditional ROI: 0.21%
440 2104 Alpine, AZ 440 2104, Alpine, AZ 85920 \| Other	N/A beds \| N/A baths \| N/A	$399,000	Airbnb cash on cash: -0.53% Traditional cash on cash: 0.21% Airbnb Rental Income: $842 Traditional Rental Income: $789 Airbnb ROI: -0.53% Traditional ROI: 0.21%
6 County Road 2331 Lot 18 The Ranch Alpine, AZ 6 County Road 2331 Lot 18 The Ranch, Alpine, AZ 85920 \| Other	N/A beds \| N/A baths \| N/A	$175,000	Airbnb cash on cash: 0.86% Traditional cash on cash: 2.52% Airbnb Rental Income: $842 Traditional Rental Income: $789 Airbnb ROI: 0.86% Traditional ROI: 2.52%
42856 Us Highway 180 Alpine, AZ 42856 Us Highway 180, Alpine, AZ 85920 \| Other	N/A beds \| N/A baths \| N/A	$374,900	Airbnb cash on cash: -0.46% Traditional cash on cash: 0.67% Airbnb Rental Income: $842 Traditional Rental Income: $911 Airbnb ROI: -0.46% Traditional ROI: 0.67%
42856 US Highway 180 -- #004C Alpine, AZ 42856 US Highway 180 -- #004C, Alpine, AZ 85920 \| Other	N/A beds \| N/A baths \| N/A	$374,900	Airbnb cash on cash: -0.46% Traditional cash on cash: 0.32% Airbnb Rental Income: $842 Traditional Rental Income: $789 Airbnb ROI: -0.46% Traditional ROI: 0.32%
TBD N2122 Alpine, AZ TBD N2122, Alpine, AZ 85920 \| Other	N/A beds \| N/A baths \| N/A	$82,000	Airbnb cash on cash: 3.5% Traditional cash on cash: 8.44% Airbnb Rental Income: $842 Traditional Rental Income: $911 Airbnb ROI: 3.5% Traditional ROI: 8.44%
000 COUNTY ROAD 2196 Lot 74 AFE Alpine, AZ 000 COUNTY ROAD 2196 Lot 74 AFE, Alpine, AZ 85920 \| Other	N/A beds \| N/A baths \| N/A	$55,000	Airbnb cash on cash: 5.74% Traditional cash on cash: 10.71% Airbnb Rental Income: $842 Traditional Rental Income: $789 Airbnb ROI: 5.74% Traditional ROI: 10.71%
9 2076 Alpine, AZ 9 2076, Alpine, AZ 85920 \| Other	N/A beds \| N/A baths \| N/A	$74,900	Airbnb cash on cash: 4.02% Traditional cash on cash: 7.75% Airbnb Rental Income: $842 Traditional Rental Income: $789 Airbnb ROI: 4.02% Traditional ROI: 7.75%
13 N2151 Alpine, AZ 13 N2151, Alpine, AZ 85920 \| Other	N/A beds \| N/A baths \| N/A	$134,900	Airbnb cash on cash: 1.58% Traditional cash on cash: 3.72% Airbnb Rental Income: $842 Traditional Rental Income: $789 Airbnb ROI: 1.58% Traditional ROI: 3.72%
Lot 35 The Ranch at Alpine Alpine, AZ Lot 35 The Ranch at Alpine, Alpine, AZ 85920 \| Other	N/A beds \| N/A baths \| N/A	$210,000	Airbnb cash on cash: 0.45% Traditional cash on cash: 2.45% Airbnb Rental Income: $842 Traditional Rental Income: $911 Airbnb ROI: 0.45% Traditional ROI: 2.45%
Lot 25 The Ranch at Alpine Alpine, AZ Lot 25 The Ranch at Alpine, Alpine, AZ 85920 \| Other	N/A beds \| N/A baths \| N/A	$205,000	Airbnb cash on cash: 0.5% Traditional cash on cash: 1.92% Airbnb Rental Income: $842 Traditional Rental Income: $789 Airbnb ROI: 0.5% Traditional ROI: 1.92%
24 Co Rd 2065 Alpine, AZ Located in a desirable Alpine location, this well-maintained home offers comfortable mount...	2 beds \| 2 baths \| 1,153 sq.ft.	$379,900	Airbnb cash on cash: 0.89% Traditional cash on cash: 3.95% Airbnb Rental Income: $1292 Traditional Rental Income: $1976 Airbnb ROI: 0.89% Traditional ROI: 3.95%
9 County Rd 2073 #- Alpine, AZ 9 County Rd 2073, Alpine, AZ 85920 \| Other	N/A beds \| N/A baths \| N/A	$70,000	Airbnb cash on cash: 4.38% Traditional cash on cash: 10.11% Airbnb Rental Income: $842 Traditional Rental Income: $911 Airbnb ROI: 4.38% Traditional ROI: 10.11%

Real Estate investment in Alpine, AZ

There are 82 properties for sale in the city of Alpine . The median list price in Alpine is $1 and the average price per square foot is $0. In August 2026, the average monthly cash on cash return in Alpine is 4.00%. The average monthly rental income in Alpine is $932.

Alpine, AZ Real Estate Investing: FAQs for Buyers, Sellers and Investors

There are 82 investment properties available for sale in Alpine.

In 2026, the best neighborhood to buy investment property is Alpine.

The ROI for Long-Term is higher than the Short-Term in Alpine with average rental income of $932.

Your search for investment property begins and ends here

Investment Property for Sale in Alpine, AZ

3 County Road N2261

Alpine, AZ

1 beds | N/A baths | 2,400 sq.ft.

$699,900

Airbnb cash on cash: -0.71%

Traditional cash on cash: 1.41%

Airbnb Rental Income: $1082

Traditional Rental Income: $2094

Airbnb ROI: -0.71%

Traditional ROI: 1.41%

24 County Road 2065 --

Alpine, AZ

2 beds | 1 baths | 1,153 sq.ft.

$379,900

Airbnb cash on cash: 0.88%

Traditional cash on cash: 4.3%

Airbnb Rental Income: $1292

Traditional Rental Income: $2108

Airbnb ROI: 0.88%

Traditional ROI: 4.3%

11 Whitetail Rd

Alpine, AZ

2 beds | 1 baths | 1,340 sq.ft.

$470,000

Airbnb cash on cash: 0.53%

Traditional cash on cash: 2.48%

Airbnb Rental Income: $1292

Traditional Rental Income: $1746

Airbnb ROI: 0.53%

Traditional ROI: 2.48%

7 County Road 2044

Alpine, AZ

3 beds | N/A baths | 1,875 sq.ft.

$524,900

Airbnb cash on cash: 2.1%

Traditional cash on cash: 5.13%

Airbnb Rental Income: $2317

Traditional Rental Income: $3229

Airbnb ROI: 2.1%

Traditional ROI: 5.13%

70 County Road 2266 --

Alpine, AZ

5 beds | 3 baths | 2,104 sq.ft.

$480,000

Airbnb cash on cash: N/A

Traditional cash on cash: 4.99%

Airbnb Rental Income: $null

Traditional Rental Income: $2899

Airbnb ROI: N/A

Traditional ROI: 4.99%

28 County Road 2310 --

Alpine, AZ

4 beds | 3 baths | 3,000 sq.ft.

$749,900

Airbnb cash on cash: 1.05%

Traditional cash on cash: 3.71%

Airbnb Rental Income: $2174

Traditional Rental Income: $3484

Airbnb ROI: 1.05%

Traditional ROI: 3.71%

25350 Highway 191

Alpine, AZ

4 beds | N/A baths | 2,062 sq.ft.

$324,900

Airbnb cash on cash: 3.79%

Traditional cash on cash: 8.27%

Airbnb Rental Income: $2174

Traditional Rental Income: $2993

Airbnb ROI: 3.79%

Traditional ROI: 8.27%

17 County Road 2195 --

Alpine, AZ

4 beds | 3 baths | 2,353 sq.ft.

$899,000

Airbnb cash on cash: 0.32%

Traditional cash on cash: 2.34%

Airbnb Rental Income: $2174

Traditional Rental Income: $3316

Airbnb ROI: 0.32%