Real Estate Investment Properties for Sale in Wallace, ID

Looking for investment property in Wallace, ID with high ROI ?

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

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
62713 Benthams Rd Wallace, ID Over 100 acres of timbered land just minutes from historic Wallace and nearby CDA, offerin...	4 beds \| N/A baths \| 1,213 sq.ft.	$300,000	Airbnb cash on cash: 4.41% Traditional cash on cash: 5.5% Airbnb Rental Income: $2377 Traditional Rental Income: $2101 Airbnb ROI: 4.41% Traditional ROI: 5.5%
504 First St Wallace, ID SOLD AT THE TIME OF LISTING	6 beds \| N/A baths \| 5,058 sq.ft.	$1,170,000	Airbnb cash on cash: 0.2% Traditional cash on cash: 0.71% Airbnb Rental Income: $2371 Traditional Rental Income: $2341 Airbnb ROI: 0.2% Traditional ROI: 0.71%
741 Nine Mile Rd Wallace, ID Cute little cabin just out of Wallace. Access miles and miles of public roads in this outd...	1 beds \| N/A baths \| 1,352 sq.ft.	$214,999	Airbnb cash on cash: -0.32% Traditional cash on cash: 5.61% Airbnb Rental Income: $590 Traditional Rental Income: $1510 Airbnb ROI: -0.32% Traditional ROI: 5.61%
804 Residence St Wallace, ID Discover the perfect blend of small-town charm and outdoor adventure with this beautifully...	5 beds \| N/A baths \| 1,898 sq.ft.	$439,999	Airbnb cash on cash: 2.15% Traditional cash on cash: 4.3% Airbnb Rental Income: $2371 Traditional Rental Income: $2674 Airbnb ROI: 2.15% Traditional ROI: 4.3%
109 Railroad Wallace, ID A Country feel in this newer remodeled, three bedroom home. Has a nice open deck, oversize...	3 beds \| N/A baths \| 1,009 sq.ft.	$330,000	Airbnb cash on cash: 2.86% Traditional cash on cash: 3.43% Airbnb Rental Income: $1944 Traditional Rental Income: $1607 Airbnb ROI: 2.86% Traditional ROI: 3.43%
1 Kelly Aly Wallace, ID This WATER FRONT commercial property sits right next to the South Fork of the Coeur d'Alen...	2 beds \| N/A baths \| 1,134 sq.ft.	$325,000	Airbnb cash on cash: -0.24% Traditional cash on cash: 2.23% Airbnb Rental Income: $987 Traditional Rental Income: $1391 Airbnb ROI: -0.24% Traditional ROI: 2.23%
NKA Nine Mile Rd Wallace, ID NKA Nine Mile Rd, Wallace, ID 83873 \| Other	N/A beds \| N/A baths \| N/A	$3,000,000	Airbnb cash on cash: -1.61% Traditional cash on cash: -1.42% Airbnb Rental Income: $599 Traditional Rental Income: $823 Airbnb ROI: -1.61% Traditional ROI: -1.42%
NKA Burke 34.38 Acres Rd Wallace, ID NKA Burke 34.38 Acres Rd, Wallace, ID 83873 \| Other	N/A beds \| N/A baths \| N/A	$124,800	Airbnb cash on cash: 0.12% Traditional cash on cash: 4.38% Airbnb Rental Income: $599 Traditional Rental Income: $823 Airbnb ROI: 0.12% Traditional ROI: 4.38%
531 Burke Rd Wallace, ID Fully remodeled manufactured home offering a clean, functional layout with thoughtful upgr...	2 beds \| N/A baths \| 784 sq.ft.	$269,000	Airbnb cash on cash: 1.06% Traditional cash on cash: 4.64% Airbnb Rental Income: $987 Traditional Rental Income: $1542 Airbnb ROI: 1.06% Traditional ROI: 4.64%
405 Shady Ln Wallace, ID 405 Shady Ln, Wallace, ID 83873 \| Other	N/A beds \| N/A baths \| N/A	$299,900	Airbnb cash on cash: -0.91% Traditional cash on cash: 0.94% Airbnb Rental Income: $599 Traditional Rental Income: $835 Airbnb ROI: -0.91% Traditional ROI: 0.94%
NNA Beaver Creek Rd Wallace, ID NNA Beaver Creek Rd, Wallace, ID 83873 \| Other	N/A beds \| N/A baths \| N/A	$750,000	Airbnb cash on cash: -1.37% Traditional cash on cash: -0.63% Airbnb Rental Income: $599 Traditional Rental Income: $831 Airbnb ROI: -1.37% Traditional ROI: -0.63%
302 2nd St Wallace, ID Discover a rare investment opportunity in the heart of historic Wallace--this classic bric...	6 beds \| N/A baths \| 6,209 sq.ft.	$660,000	Airbnb cash on cash: 1.36% Traditional cash on cash: 2.5% Airbnb Rental Income: $2371 Traditional Rental Income: $2492 Airbnb ROI: 1.36% Traditional ROI: 2.5%
NNA Hords Ranch Rd Parcel 6 Wallace, ID NNA Hords Ranch Rd Parcel 6, Wallace, ID 83873 \| Other	N/A beds \| N/A baths \| N/A	$550,000	Airbnb cash on cash: -1.26% Traditional cash on cash: -0.26% Airbnb Rental Income: $599 Traditional Rental Income: $827 Airbnb ROI: -1.26% Traditional ROI: -0.26%
36C Gorge Gulch Rd Wallace, ID 3 adjoining parcels in Burke, Idaho, located just up-canyon from the renowned Star Mine. T...	2 beds \| N/A baths \| 960 sq.ft.	$320,000	Airbnb cash on cash: 0.68% Traditional cash on cash: 3.69% Airbnb Rental Income: $987 Traditional Rental Income: $1542 Airbnb ROI: 0.68% Traditional ROI: 3.69%
211 2nd St Wallace, ID Step into a home where history, craftsmanship, and mountain living come together. Nestled ...	4 beds \| N/A baths \| 2,688 sq.ft.	$385,000	Airbnb cash on cash: 3.21% Traditional cash on cash: 6.19% Airbnb Rental Income: $2377 Traditional Rental Income: $2867 Airbnb ROI: 3.21% Traditional ROI: 6.19%
117 Cypress St Wallace, ID Step into the charm of a bygone era in this Historic Wallace, Idaho home, where classic ch...	2 beds \| N/A baths \| 1,063 sq.ft.	$249,000	Airbnb cash on cash: 0.35% Traditional cash on cash: 4.07% Airbnb Rental Income: $987 Traditional Rental Income: $1507 Airbnb ROI: 0.35% Traditional ROI: 4.07%
741 Nine Mile Creek Rd Wallace, ID 1 Bedroom, 1 bathroom home with additional non-conforming bedroom.	1 beds \| N/A baths \| 1,352 sq.ft.	$215,000	Airbnb cash on cash: -0.43% Traditional cash on cash: 5.38% Airbnb Rental Income: $590 Traditional Rental Income: $1487 Airbnb ROI: -0.43% Traditional ROI: 5.38%
920 Pearl St Wallace, ID Wonderful opportunity in the historic town of Wallace, Idaho, to own a turnkey, fully furn...	1 beds \| 1 baths \| 584 sq.ft.	$239,900	Airbnb cash on cash: -0.87% Traditional cash on cash: 2.1% Airbnb Rental Income: $590 Traditional Rental Income: $978 Airbnb ROI: -0.87% Traditional ROI: 2.1%
176 King St Wallace, ID Charming 3 bedroom, 1.5 bath home on King Street in Wallace. The living room features a wo...	3 beds \| 2 baths \| 1,712 sq.ft.	$214,000	Airbnb cash on cash: 5.56% Traditional cash on cash: 7.2% Airbnb Rental Income: $1944 Traditional Rental Income: $1763 Airbnb ROI: 5.56% Traditional ROI: 7.2%
828 W Fork Eagle Creek Rd Wallace, ID Priced Significantly Below Appraised Value and has a new $40,000 roof! Discover the ultima...	3 beds \| 3 baths \| 2,496 sq.ft.	$895,000	Airbnb cash on cash: 0.07% Traditional cash on cash: 1.79% Airbnb Rental Income: $1944 Traditional Rental Income: $2863 Airbnb ROI: 0.07% Traditional ROI: 1.79%
191 King St Wallace, ID Pride of ownership is evident in this meticulously maintained Wallace home. This move-in-r...	4 beds \| 3 baths \| 3,242 sq.ft.	$599,999	Airbnb cash on cash: 1.64% Traditional cash on cash: 4.38% Airbnb Rental Income: $2377 Traditional Rental Income: $3328 Airbnb ROI: 1.64% Traditional ROI: 4.38%
2122 Nine Mile Rd #B Wallace, ID Just outside Historic Wallace, Idaho, this 1956 home sits on nearly 5 acres bordered by BL...	3 beds \| 2 baths \| 3,200 sq.ft.	$520,000	Airbnb cash on cash: 1.6% Traditional cash on cash: 3.5% Airbnb Rental Income: $1944 Traditional Rental Income: $2355 Airbnb ROI: 1.6% Traditional ROI: 3.5%
118 River St Wallace, ID Welcome to this beautifully updated 3 bed, 3 bath home in the heart of Wallace! Recently r...	3 beds \| 3 baths \| 1,358 sq.ft.	$299,999	Airbnb cash on cash: 2.95% Traditional cash on cash: 6.27% Airbnb Rental Income: $1944 Traditional Rental Income: $2368 Airbnb ROI: 2.95% Traditional ROI: 6.27%
652 Burke Rd Wallace, ID Discover the perfect blend of comfort and historic charm in this thoughtfully updated home...	1 beds \| 1 baths \| 924 sq.ft.	$184,900	Airbnb cash on cash: -0.69% Traditional cash on cash: 5.35% Airbnb Rental Income: $590 Traditional Rental Income: $1366 Airbnb ROI: -0.69% Traditional ROI: 5.35%
10 King St Wallace, ID Charming 1927 Brick Tudor Revival 4 story home in Historical Wallace Idaho with a detached...	4 beds \| N/A baths \| 3,918 sq.ft.	$519,000	Airbnb cash on cash: 1.92% Traditional cash on cash: 6.83% Airbnb Rental Income: $2377 Traditional Rental Income: $4174 Airbnb ROI: 1.92% Traditional ROI: 6.83%

Real Estate investment in Wallace, ID

There are 25 properties for sale in the city of Wallace . The median list price in Wallace is $165,901 and the average price per square foot is $82. In August 2026, the average monthly cash on cash return in Wallace is 4.00%. The average monthly rental income in Wallace is $1,575.

Wallace, ID Real Estate Investing: FAQs for Buyers, Sellers and Investors

There are 25 investment properties available for sale in Wallace.

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

The ROI for Long-Term is higher than the Short-Term in Wallace with average rental income of $1,575.

Your search for investment property begins and ends here

Investment Property for Sale in Wallace, ID

62713 Benthams Rd

Wallace, ID

4 beds | N/A baths | 1,213 sq.ft.

$300,000

Airbnb cash on cash: 4.41%

Traditional cash on cash: 5.5%

Airbnb Rental Income: $2377

Traditional Rental Income: $2101

Airbnb ROI: 4.41%

Traditional ROI: 5.5%

504 First St

Wallace, ID

6 beds | N/A baths | 5,058 sq.ft.

$1,170,000

Airbnb cash on cash: 0.2%

Traditional cash on cash: 0.71%

Airbnb Rental Income: $2371

Traditional Rental Income: $2341

Airbnb ROI: 0.2%

Traditional ROI: 0.71%

741 Nine Mile Rd

Wallace, ID

1 beds | N/A baths | 1,352 sq.ft.

$214,999

Airbnb cash on cash: -0.32%

Traditional cash on cash: 5.61%

Airbnb Rental Income: $590

Traditional Rental Income: $1510

Airbnb ROI: -0.32%

Traditional ROI: 5.61%

804 Residence St

Wallace, ID

5 beds | N/A baths | 1,898 sq.ft.

$439,999

Airbnb cash on cash: 2.15%

Traditional cash on cash: 4.3%

Airbnb Rental Income: $2371

Traditional Rental Income: $2674

Airbnb ROI: 2.15%

Traditional ROI: 4.3%

109 Railroad

Wallace, ID

3 beds | N/A baths | 1,009 sq.ft.

$330,000

Airbnb cash on cash: 2.86%

Traditional cash on cash: 3.43%

Airbnb Rental Income: $1944

Traditional Rental Income: $1607

Airbnb ROI: 2.86%

Traditional ROI: 3.43%

1 Kelly Aly

Wallace, ID

2 beds | N/A baths | 1,134 sq.ft.

$325,000

Airbnb cash on cash: -0.24%

Traditional cash on cash: 2.23%

Airbnb Rental Income: $987

Traditional Rental Income: $1391

Airbnb ROI: -0.24%

Traditional ROI: 2.23%

NKA Nine Mile Rd

Wallace, ID

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

$3,000,000

Airbnb cash on cash: -1.61%

Traditional cash on cash: -1.42%

Airbnb Rental Income: $599

Traditional Rental Income: $823

Airbnb ROI: -1.61%

Traditional ROI: -1.42%

NKA Burke 34.38 Acres Rd

Wallace, ID

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

$124,800

Airbnb cash on cash: 0.12%

Traditional cash on cash: 4.38%

Airbnb Rental Income: $599

Traditional Rental Income: $823

Airbnb ROI: 0.12%