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 *22.54 ACRES WITH 360 degrees WHITE MOUNTAIN VIEWS AND A RARE SHORT-TERM RENTAL OPPORTUNIT...	1 beds \| 1 baths \| 2,400 sq.ft.	$749,900	Airbnb cash on cash: -0.77% Traditional cash on cash: 1.21% Airbnb Rental Income: $1077 Traditional Rental Income: $2094 Airbnb ROI: -0.77% Traditional ROI: 1.21%
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 \| 3 baths \| 1,875 sq.ft.	$569,900	Airbnb cash on cash: 1.42% Traditional cash on cash: 4.65% Airbnb Rental Income: $2041 Traditional Rental Income: $3229 Airbnb ROI: 1.42% Traditional ROI: 4.65%
61 Co Rd 2266 Alpine, AZ Welcome to ''ALPINE SHANGRI-LA'', Located in the pines and the heart of the White Mountain...	3 beds \| 2 baths \| 1,548 sq.ft.	$980,000	Airbnb cash on cash: 0.34% Traditional cash on cash: 1.36% Airbnb Rental Income: $2041 Traditional Rental Income: $2442 Airbnb ROI: 0.34% Traditional ROI: 1.36%
216 CR 2311 Alpine, AZ ''Recently repositioned at a compelling new price, offering outstanding value in today's m...	3 beds \| 2 baths \| 2,232 sq.ft.	$875,000	Airbnb cash on cash: 0.46% Traditional cash on cash: 2.07% Airbnb Rental Income: $2041 Traditional Rental Income: $2827 Airbnb ROI: 0.46% Traditional ROI: 2.07%
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.	$899,900	Airbnb cash on cash: N/A Traditional cash on cash: 2.93% Airbnb Rental Income: $null Traditional Rental Income: $3484 Airbnb ROI: N/A Traditional ROI: 2.93%
25350 Highway 191 Alpine, AZ **THIS PROPERTY IS NOW AVAILABLE AT AN ATTRACTIVE NEW PRICE, AND EXTERIOR NEWLY PAINTED. O...	4 beds \| 2 baths \| 2,062 sq.ft.	$359,500	Airbnb cash on cash: N/A Traditional cash on cash: 7.39% Airbnb Rental Income: $null Traditional Rental Income: $2993 Airbnb ROI: N/A Traditional ROI: 7.39%
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: N/A Traditional cash on cash: 2.34% Airbnb Rental Income: $null Traditional Rental Income: $3316 Airbnb ROI: N/A Traditional ROI: 2.34%
53 Co Rd 2092 Alpine, AZ Modern Mountain Retreat with River Views, Greenhouse--with NO HOA!!! Welcome to your seren...	3 beds \| 2 baths \| 1,493 sq.ft.	$360,000	Airbnb cash on cash: 3.16% Traditional cash on cash: 6.17% Airbnb Rental Income: $2041 Traditional Rental Income: $2529 Airbnb ROI: 3.16% Traditional ROI: 6.17%
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.	$449,900	Airbnb cash on cash: 2.07% Traditional cash on cash: 4.24% Airbnb Rental Income: $2041 Traditional Rental Income: $2427 Airbnb ROI: 2.07% Traditional ROI: 4.24%
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.	$450,000	Airbnb cash on cash: 2.08% Traditional cash on cash: 5.06% Airbnb Rental Income: $2041 Traditional Rental Income: $2766 Airbnb ROI: 2.08% Traditional ROI: 5.06%
24 Co Rd 2065 Alpine, AZ Nestled in a desirable Alpine location, this well-maintained home offers comfortable mount...	2 beds \| 2 baths \| 1,153 sq.ft.	$385,000	Airbnb cash on cash: 0% Traditional cash on cash: 3.88% Airbnb Rental Income: $918 Traditional Rental Income: $1976 Airbnb ROI: 0% Traditional ROI: 3.88%
6 N CR 2148 Alpine, AZ *Rare Alpine Fixer Opportunity on 1.68 Acres BRING YOUR VISION!! EASY ACCESS TO NATL F...	2 beds \| 2 baths \| 1,294 sq.ft.	$269,900	Airbnb cash on cash: 0.4% Traditional cash on cash: 6.11% Airbnb Rental Income: $918 Traditional Rental Income: $2030 Airbnb ROI: 0.4% Traditional ROI: 6.11%
36 CR N2147 Alpine, AZ Stunning 3-Bedroom Chalet Retreat in Alpine, Arizona Presenting a distinguished mountain h...	3 beds \| 3 baths \| 2,728 sq.ft.	$1,200,000	Airbnb cash on cash: 0.04% Traditional cash on cash: 1.14% Airbnb Rental Income: $2041 Traditional Rental Income: $2738 Airbnb ROI: 0.04% Traditional ROI: 1.14%
18 County Rd 2120 Alpine, AZ ''Mountain retreat + proven income--this is the Alpine unicorn you've been waiting for.'' ...	4 beds \| 2 baths \| 1,886 sq.ft.	$615,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.45% Airbnb Rental Income: $null Traditional Rental Income: $2752 Airbnb ROI: N/A Traditional ROI: 3.45%
12 County Rd 2074 Alpine, AZ Custom built European-Inspired Mountain Chalet with striking stone exterior and unique arc...	4 beds \| 3 baths \| 2,079 sq.ft.	$840,000	Airbnb cash on cash: N/A Traditional cash on cash: 2.5% Airbnb Rental Income: $null Traditional Rental Income: $3026 Airbnb ROI: N/A Traditional ROI: 2.5%
6 County Rd 2042 Alpine, AZ Unfinished log cabin in the sought-after Talwiwi neighborhood, located approximately 5 mil...	4 beds \| 3 baths \| 2,800 sq.ft.	$425,500	Airbnb cash on cash: N/A Traditional cash on cash: 6.91% Airbnb Rental Income: $null Traditional Rental Income: $3283 Airbnb ROI: N/A Traditional ROI: 6.91%
19 County Road N2056 Alpine, AZ Charming and low-maintenance 2-bedroom, 1-bath stucco home with a metal roof. Offering com...	2 beds \| 1 baths \| 1,370 sq.ft.	$299,000	Airbnb cash on cash: 0.37% Traditional cash on cash: 4.97% Airbnb Rental Income: $918 Traditional Rental Income: $1871 Airbnb ROI: 0.37% Traditional ROI: 4.97%
39 2066 Alpine, AZ Discover your perfect mountain escape in Alpine, Arizona! This BRAND-NEW build offers a de...	3 beds \| 2 baths \| 1,360 sq.ft.	$490,000	Airbnb cash on cash: 2% Traditional cash on cash: 3.66% Airbnb Rental Income: $2041 Traditional Rental Income: $2276 Airbnb ROI: 2% Traditional ROI: 3.66%
2 CR 2050 Alpine, AZ A true Alpine log cabin retreat backing directly to National Forest! Custom built in 1977 ...	3 beds \| 1 baths \| 1,170 sq.ft.	$359,900	Airbnb cash on cash: 2.76% Traditional cash on cash: 4% Airbnb Rental Income: $2041 Traditional Rental Income: $1932 Airbnb ROI: 2.76% Traditional ROI: 4%

Real Estate investment in Alpine, AZ

There are 22 properties for sale in the city of Alpine . The median list price in Alpine is $779,000 and the average price per square foot is $405. In May 2026, the average monthly cash on cash return in Alpine is 4.00%. The average monthly rental income in Alpine is $2,486.

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

There are 22 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 $2,486.

Your search for investment property begins and ends here

Investment Property for Sale in Alpine, AZ

3 County Road N2261

Alpine, AZ

1 beds | 1 baths | 2,400 sq.ft.

$749,900

Airbnb cash on cash: -0.77%

Traditional cash on cash: 1.21%

Airbnb Rental Income: $1077

Traditional Rental Income: $2094

Airbnb ROI: -0.77%

Traditional ROI: 1.21%

7 County Road 2044

Alpine, AZ

3 beds | 3 baths | 1,875 sq.ft.

$569,900

Airbnb cash on cash: 1.42%

Traditional cash on cash: 4.65%

Airbnb Rental Income: $2041

Traditional Rental Income: $3229

Airbnb ROI: 1.42%

Traditional ROI: 4.65%

61 Co Rd 2266

Alpine, AZ

3 beds | 2 baths | 1,548 sq.ft.

$980,000

Airbnb cash on cash: 0.34%

Traditional cash on cash: 1.36%

Airbnb Rental Income: $2041

Traditional Rental Income: $2442

Airbnb ROI: 0.34%

Traditional ROI: 1.36%

216 CR 2311

Alpine, AZ

3 beds | 2 baths | 2,232 sq.ft.

$875,000

Airbnb cash on cash: 0.46%

Traditional cash on cash: 2.07%

Airbnb Rental Income: $2041

Traditional Rental Income: $2827

Airbnb ROI: 0.46%

Traditional ROI: 2.07%

28 County Road 2310

Alpine, AZ

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

$899,900

Airbnb cash on cash: N/A

Traditional cash on cash: 2.93%

Airbnb Rental Income: $null

Traditional Rental Income: $3484

Airbnb ROI: N/A

Traditional ROI: 2.93%

25350 Highway 191

Alpine, AZ

4 beds | 2 baths | 2,062 sq.ft.

$359,500

Airbnb cash on cash: N/A

Traditional cash on cash: 7.39%

Airbnb Rental Income: $null

Traditional Rental Income: $2993

Airbnb ROI: N/A

Traditional ROI: 7.39%

17 County Road 2195

Alpine, AZ

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

$899,000

Airbnb cash on cash: N/A

Traditional cash on cash: 2.34%

Airbnb Rental Income: $null

Traditional Rental Income: $3316

Airbnb ROI: N/A

Traditional ROI: 2.34%

53 Co Rd 2092

Alpine, AZ

3 beds | 2 baths | 1,493 sq.ft.

$360,000

Airbnb cash on cash: 3.16%

Traditional cash on cash: 6.17%

Airbnb Rental Income: $2041

Traditional Rental Income: $2529

Airbnb ROI: 3.16%