Real Estate Investment Properties for Sale in Alpena, AR

Looking for investment property in Alpena, AR with high ROI ?

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

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
412 Hwy 412 Hwy Alpena, AR Welcome to brand-new construction tucked away on a 0.35 acre private cul-de-sac lot in Arn...	N/A beds \| N/A baths \| 1,283 sq.ft.	$456,000	Airbnb cash on cash: N/A Traditional cash on cash: 2.63% Airbnb Rental Income: $null Traditional Rental Income: $1661 Airbnb ROI: N/A Traditional ROI: 2.63%
14560 US 62 E Highway Alpena, AR Beautiful home on 20.17 acres conveniently located between Harrison and Berryville, just o...	4 beds \| 2 baths \| 2,320 sq.ft.	$425,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.47% Airbnb Rental Income: $null Traditional Rental Income: $2440 Airbnb ROI: N/A Traditional ROI: 4.47%
2259 Ledge Rock Rd Alpena, AR Country living at its best! You will love the location of this home and its sitting on 1.5...	3 beds \| 2 baths \| 2,570 sq.ft.	$190,000	Airbnb cash on cash: 2.81% Traditional cash on cash: 11.52% Airbnb Rental Income: $1313 Traditional Rental Income: $2477 Airbnb ROI: 2.81% Traditional ROI: 11.52%
4728 County Road 905 Alpena, AR 17.61 unrestricted acres in the Arkansas Ozarks featuring a 2 bedroom, 1 bath updated cabi...	2 beds \| 1 baths \| 968 sq.ft.	$279,000	Airbnb cash on cash: -0.07% Traditional cash on cash: 4% Airbnb Rental Income: $674 Traditional Rental Income: $1442 Airbnb ROI: -0.07% Traditional ROI: 4%
TBD CR 912 Tract 2 County Road 912 Alpena, AR TBD CR 912 Tract 2 County Road 912, Alpena, AR 72611 \| Other	N/A beds \| N/A baths \| N/A	$116,850	Airbnb cash on cash: N/A Traditional cash on cash: 4.75% Airbnb Rental Income: $null Traditional Rental Income: $811 Airbnb ROI: N/A Traditional ROI: 4.75%
TBD CR 912 Tract 1 County Road 912 Alpena, AR TBD CR 912 Tract 1 County Road 912, Alpena, AR 72611 \| Other	N/A beds \| N/A baths \| N/A	$80,750	Airbnb cash on cash: N/A Traditional cash on cash: 7.42% Airbnb Rental Income: $null Traditional Rental Income: $811 Airbnb ROI: N/A Traditional ROI: 7.42%
12825 Highway 412 Alpena, AR Escape to your country paradise on almost 42 acres of scenic Arkansas countryside. This pr...	4 beds \| 3 baths \| 2,894 sq.ft.	$695,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.42% Airbnb Rental Income: $null Traditional Rental Income: $3731 Airbnb ROI: N/A Traditional ROI: 4.42%
001-00342-002 Cr 927 Alpena, AR 001-00342-002 Cr 927, Alpena, AR 72611 \| Other	N/A beds \| N/A baths \| N/A	$280,000	Airbnb cash on cash: N/A Traditional cash on cash: 1.13% Airbnb Rental Income: $null Traditional Rental Income: $819 Airbnb ROI: N/A Traditional ROI: 1.13%
001-00342-002 Cr 927 Rd Alpena, AR 001-00342-002 Cr 927 Rd, Alpena, AR 72611 \| Other	N/A beds \| N/A baths \| N/A	$280,000	Airbnb cash on cash: N/A Traditional cash on cash: 1.1% Airbnb Rental Income: $null Traditional Rental Income: $811 Airbnb ROI: N/A Traditional ROI: 1.1%
1465 County Road 933 Alpena, AR 1465 County Road 933, Alpena, AR 72611 \| Single Family Residential	3 beds \| 3 baths \| 1,785 sq.ft.	$459,900	Airbnb cash on cash: 0.27% Traditional cash on cash: 3.13% Airbnb Rental Income: $1313 Traditional Rental Income: $2136 Airbnb ROI: 0.27% Traditional ROI: 3.13%
505 Highway 62 Alpena, AR 505 Highway 62, Alpena, AR 72611 \| Other	N/A beds \| N/A baths \| N/A	$175,000	Airbnb cash on cash: N/A Traditional cash on cash: 2.69% Airbnb Rental Income: $null Traditional Rental Income: $811 Airbnb ROI: N/A Traditional ROI: 2.69%
Highway 412 & Wpa Rd Alpena, AR Highway 412 & Wpa Rd, Alpena, AR 72611 \| Other	N/A beds \| N/A baths \| N/A	$1,075,000	Airbnb cash on cash: N/A Traditional cash on cash: -0.9% Airbnb Rental Income: $null Traditional Rental Income: $811 Airbnb ROI: N/A Traditional ROI: -0.9%
022-08412-000 Cr 921 Alpena, AR 022-08412-000 Cr 921, Alpena, AR 72611 \| Other	N/A beds \| N/A baths \| N/A	$770,000	Airbnb cash on cash: N/A Traditional cash on cash: -0.6% Airbnb Rental Income: $null Traditional Rental Income: $822 Airbnb ROI: N/A Traditional ROI: -0.6%
TBD CR 935 Alpena, AR TBD CR 935, Alpena, AR 72611 \| Other	N/A beds \| N/A baths \| N/A	$275,000	Airbnb cash on cash: N/A Traditional cash on cash: 1.28% Airbnb Rental Income: $null Traditional Rental Income: $845 Airbnb ROI: N/A Traditional ROI: 1.28%
4673 County Road 905 Alpena, AR Rare opportunity to own a home on just over 70 acres of scenic countryside with incredible...	5 beds \| 3 baths \| 3,837 sq.ft.	$750,000	Airbnb cash on cash: -0.94% Traditional cash on cash: 3.16% Airbnb Rental Income: $826 Traditional Rental Income: $3361 Airbnb ROI: -0.94% Traditional ROI: 3.16%
445 Cemetery Rd Alpena, AR Beautiful 2026 new construction located in the heart of Alpena, yet just outside the city ...	3 beds \| 2 baths \| 1,200 sq.ft.	$224,999	Airbnb cash on cash: 2.2% Traditional cash on cash: 6.4% Airbnb Rental Income: $1313 Traditional Rental Income: $1800 Airbnb ROI: 2.2% Traditional ROI: 6.4%
TBD Cr 919 Alpena, AR TBD Cr 919, Alpena, AR 72611 \| Other	N/A beds \| N/A baths \| N/A	$295,900	Airbnb cash on cash: N/A Traditional cash on cash: 1.02% Airbnb Rental Income: $null Traditional Rental Income: $829 Airbnb ROI: N/A Traditional ROI: 1.02%
tbd Cr 972 Alpena, AR tbd Cr 972, Alpena, AR 72611 \| Other	N/A beds \| N/A baths \| N/A	$74,200	Airbnb cash on cash: N/A Traditional cash on cash: 8.54% Airbnb Rental Income: $null Traditional Rental Income: $838 Airbnb ROI: N/A Traditional ROI: 8.54%
206 Lane St Alpena, AR 206 Lane St, Alpena, AR 72611 \| Single Family Residential	3 beds \| 2 baths \| 1,480 sq.ft.	$249,000	Airbnb cash on cash: 1.83% Traditional cash on cash: 6.75% Airbnb Rental Income: $1313 Traditional Rental Income: $2062 Airbnb ROI: 1.83% Traditional ROI: 6.75%
1426 Cr 921 Alpena, AR Ozark Mountain Views with a 3,014 SQFT home on 80 acres with 20 acres of prime hay-field p...	4 beds \| 3 baths \| 3,014 sq.ft.	$649,900	Airbnb cash on cash: N/A Traditional cash on cash: 4.32% Airbnb Rental Income: $null Traditional Rental Income: $3381 Airbnb ROI: N/A Traditional ROI: 4.32%
902 Highway 62 W Alpena, AR Step back in time with this remarkable 1889 historic home, rich in character and heritage....	5 beds \| 3 baths \| 2,500 sq.ft.	$249,000	Airbnb cash on cash: 0.11% Traditional cash on cash: 10.51% Airbnb Rental Income: $826 Traditional Rental Income: $2945 Airbnb ROI: 0.11% Traditional ROI: 10.51%
Tbd Sr 142 Highway Alpena, AR Tbd Sr 142 Highway, Alpena, AR 72638 \| Other	N/A beds \| N/A baths \| N/A	$117,500	Airbnb cash on cash: N/A Traditional cash on cash: 3.92% Airbnb Rental Income: $null Traditional Rental Income: $722 Airbnb ROI: N/A Traditional ROI: 3.92%

Real Estate investment in Alpena, AR

There are 22 properties for sale in the city of Alpena . The median list price in Alpena is $135,000 and the average price per square foot is $63. In September 2026, the average monthly cash on cash return in Alpena is 4.00%. The average monthly rental income in Alpena is $1,144.

Alpena, AR Real Estate Investing: FAQs for Buyers, Sellers and Investors

There are 22 investment properties available for sale in Alpena.

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

The ROI for Long-Term is higher than the Short-Term in Alpena with average rental income of $1,144.

Your search for investment property begins and ends here

Investment Property for Sale in Alpena, AR

412 Hwy 412 Hwy

Alpena, AR

N/A beds | N/A baths | 1,283 sq.ft.

$456,000

Airbnb cash on cash: N/A

Traditional cash on cash: 2.63%

Airbnb Rental Income: $null

Traditional Rental Income: $1661

Airbnb ROI: N/A

Traditional ROI: 2.63%

14560 US 62 E Highway

Alpena, AR

4 beds | 2 baths | 2,320 sq.ft.

$425,000

Airbnb cash on cash: N/A

Traditional cash on cash: 4.47%

Airbnb Rental Income: $null

Traditional Rental Income: $2440

Airbnb ROI: N/A

Traditional ROI: 4.47%

2259 Ledge Rock Rd

Alpena, AR

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

$190,000

Airbnb cash on cash: 2.81%

Traditional cash on cash: 11.52%

Airbnb Rental Income: $1313

Traditional Rental Income: $2477

Airbnb ROI: 2.81%

Traditional ROI: 11.52%

4728 County Road 905

Alpena, AR

2 beds | 1 baths | 968 sq.ft.

$279,000

Airbnb cash on cash: -0.07%

Traditional cash on cash: 4%

Airbnb Rental Income: $674

Traditional Rental Income: $1442

Airbnb ROI: -0.07%

Traditional ROI: 4%

TBD CR 912 Tract 2 County Road 912

Alpena, AR

N/A beds | N/A baths | N/A

$116,850

Airbnb cash on cash: N/A

Traditional cash on cash: 4.75%

Airbnb Rental Income: $null

Traditional Rental Income: $811

Airbnb ROI: N/A

Traditional ROI: 4.75%

TBD CR 912 Tract 1 County Road 912

Alpena, AR

N/A beds | N/A baths | N/A

$80,750

Airbnb cash on cash: N/A

Traditional cash on cash: 7.42%

Airbnb Rental Income: $null

Traditional Rental Income: $811

Airbnb ROI: N/A

Traditional ROI: 7.42%

12825 Highway 412

Alpena, AR

4 beds | 3 baths | 2,894 sq.ft.

$695,000

Airbnb cash on cash: N/A

Traditional cash on cash: 4.42%

Airbnb Rental Income: $null

Traditional Rental Income: $3731

Airbnb ROI: N/A

Traditional ROI: 4.42%

001-00342-002 Cr 927

Alpena, AR

N/A beds | N/A baths | N/A

$280,000

Airbnb cash on cash: N/A

Traditional cash on cash: 1.13%

Airbnb Rental Income: $null

Traditional Rental Income: $819

Airbnb ROI: N/A