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
1885 County Road 912 Alpena, AR Seller is motivated! This versatile property features a 3,580 sq ft home on approximately ...	4 beds \| 2 baths \| 3,680 sq.ft.	$399,900	Airbnb cash on cash: N/A Traditional cash on cash: 6.47% Airbnb Rental Income: $null Traditional Rental Income: $3126 Airbnb ROI: N/A Traditional ROI: 6.47%
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.	$219,000	Airbnb cash on cash: 3.69% Traditional cash on cash: 9.9% Airbnb Rental Income: $1655 Traditional Rental Income: $2477 Airbnb ROI: 3.69% Traditional ROI: 9.9%
1426 Cr 921 Alpena, AR Idyllic 80 acre farm with 4 BR-3 BA, 3,014 SQFT home!! This one-owner home features cathed...	4 beds \| 3 baths \| 3,014 sq.ft.	$699,900	Airbnb cash on cash: N/A Traditional cash on cash: 3.49% Airbnb Rental Income: $null Traditional Rental Income: $3381 Airbnb ROI: N/A Traditional ROI: 3.49%
104 Wpa Rd Alpena, AR Experience the best of both worlds â peaceful country living within city limits! This la...	3 beds \| 2 baths \| 1,728 sq.ft.	$243,900	Airbnb cash on cash: 3.67% Traditional cash on cash: 8.6% Airbnb Rental Income: $1655 Traditional Rental Income: $2326 Airbnb ROI: 3.67% Traditional ROI: 8.6%
319 Cantwell Rd Alpena, AR Welcome to this stunning new-construction modern farmhouse situated on a spacious setting ...	3 beds \| 2 baths \| 2,304 sq.ft.	$445,000	Airbnb cash on cash: 1.54% Traditional cash on cash: 4.63% Airbnb Rental Income: $1655 Traditional Rental Income: $2521 Airbnb ROI: 1.54% Traditional ROI: 4.63%
11227 Dunkard RD Alpena, AR Tucked away on 26 m/l acres, this secluded log-cabinâstyle estate offers the perfect ble...	5 beds \| 4 baths \| 3,936 sq.ft.	$630,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.3% Airbnb Rental Income: $null Traditional Rental Income: $3345 Airbnb ROI: N/A Traditional ROI: 4.3%
4728 County Road 905 Alpena, AR This unrestricted property of over 17 acres offers an exceptional blend of natural beauty,...	2 beds \| 1 baths \| 968 sq.ft.	$323,999	Airbnb cash on cash: 3.61% Traditional cash on cash: 3.32% Airbnb Rental Income: $2064 Traditional Rental Income: $1442 Airbnb ROI: 3.61% Traditional ROI: 3.32%
Carroll 972 Alpena, AR Carroll 972, Alpena, AR 72611 \| Other	N/A beds \| N/A baths \| N/A	$90,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.52% Airbnb Rental Income: $null Traditional Rental Income: $722 Airbnb ROI: N/A Traditional ROI: 5.52%
6098 County Road 905 Alpena, AR 6098 County Road 905, Alpena, AR 72611 \| Other	N/A beds \| N/A baths \| N/A	$89,900	Airbnb cash on cash: N/A Traditional cash on cash: 5.44% Airbnb Rental Income: $null Traditional Rental Income: $713 Airbnb ROI: N/A Traditional ROI: 5.44%
Tbd Highway 412 & Wpa Rd Alpena, AR Tbd 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: -1% Airbnb Rental Income: $null Traditional Rental Income: $713 Airbnb ROI: N/A Traditional ROI: -1%
Tbd County Road 912 Alpena, AR TBD County Road 912, Alpena, AR 72611 \| Other	N/A beds \| N/A baths \| 3,580 sq.ft.	$315,000	Airbnb cash on cash: N/A Traditional cash on cash: 1.31% Airbnb Rental Income: $null Traditional Rental Income: $961 Airbnb ROI: N/A Traditional ROI: 1.31%
902 Highway 62 West 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: N/A Traditional cash on cash: 11.12% Airbnb Rental Income: $null Traditional Rental Income: $2945 Airbnb ROI: N/A Traditional ROI: 11.12%
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 15 properties for sale in the city of Alpena . The median list price in Alpena is $225,000 and the average price per square foot is $98. In March 2026, the average monthly cash on cash return in Alpena is 5.00%. The average monthly rental income in Alpena is $1,624.

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

There are 15 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 $1,624.

Your search for investment property begins and ends here

Investment Property for Sale in Alpena, AR

1885 County Road 912

Alpena, AR

4 beds | 2 baths | 3,680 sq.ft.

$399,900

Airbnb cash on cash: N/A

Traditional cash on cash: 6.47%

Airbnb Rental Income: $null

Traditional Rental Income: $3126

Airbnb ROI: N/A

Traditional ROI: 6.47%

2259 Ledge Rock Rd

Alpena, AR

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

$219,000

Airbnb cash on cash: 3.69%

Traditional cash on cash: 9.9%

Airbnb Rental Income: $1655

Traditional Rental Income: $2477

Airbnb ROI: 3.69%

Traditional ROI: 9.9%

1426 Cr 921

Alpena, AR

4 beds | 3 baths | 3,014 sq.ft.

$699,900

Airbnb cash on cash: N/A

Traditional cash on cash: 3.49%

Airbnb Rental Income: $null

Traditional Rental Income: $3381

Airbnb ROI: N/A

Traditional ROI: 3.49%

104 Wpa Rd

Alpena, AR

3 beds | 2 baths | 1,728 sq.ft.

$243,900

Airbnb cash on cash: 3.67%

Traditional cash on cash: 8.6%

Airbnb Rental Income: $1655

Traditional Rental Income: $2326

Airbnb ROI: 3.67%

Traditional ROI: 8.6%

319 Cantwell Rd

Alpena, AR

3 beds | 2 baths | 2,304 sq.ft.

$445,000

Airbnb cash on cash: 1.54%

Traditional cash on cash: 4.63%

Airbnb Rental Income: $1655

Traditional Rental Income: $2521

Airbnb ROI: 1.54%

Traditional ROI: 4.63%

11227 Dunkard RD

Alpena, AR

5 beds | 4 baths | 3,936 sq.ft.

$630,000

Airbnb cash on cash: N/A

Traditional cash on cash: 4.3%

Airbnb Rental Income: $null

Traditional Rental Income: $3345

Airbnb ROI: N/A

Traditional ROI: 4.3%

4728 County Road 905

Alpena, AR

2 beds | 1 baths | 968 sq.ft.

$323,999

Airbnb cash on cash: 3.61%

Traditional cash on cash: 3.32%

Airbnb Rental Income: $2064

Traditional Rental Income: $1442

Airbnb ROI: 3.61%

Traditional ROI: 3.32%

Carroll 972

Alpena, AR

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

$90,000

Airbnb cash on cash: N/A

Traditional cash on cash: 5.52%

Airbnb Rental Income: $null

Traditional Rental Income: $722

Airbnb ROI: N/A