Real Estate Investment Properties for Sale in Island City, OR

Looking for investment property in Island City, OR with high ROI ?

Explore a variety of short-term homes & houses in Island City, OR. Invest wisely with VRBO & Island City, OR 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 Island City, OR

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
10301 Leonard Ln Island City, OR Stunning custom built 3 bedroom, 2 bath home by Grant Custom Homes. Custom dark hickory ca...	3 beds \| 2 baths \| 1,611 sq.ft.	$469,000	Airbnb cash on cash: 2.22% Traditional cash on cash: 4.67% Airbnb Rental Income: $2432 Traditional Rental Income: $2913 Airbnb ROI: 2.22% Traditional ROI: 4.67%
10107 Emily Dr Island City, OR If you're looking for a peaceful retreat within city limits, this one can't be missed. Thi...	3 beds \| 2 baths \| 1,341 sq.ft.	$369,000	Airbnb cash on cash: 3.32% Traditional cash on cash: 4.8% Airbnb Rental Income: $2432 Traditional Rental Income: $2350 Airbnb ROI: 3.32% Traditional ROI: 4.8%
0 Walton Rd Island City, OR 0 Walton Rd, Island City, OR 97850 \| Other	N/A beds \| N/A baths \| N/A	$550,000	Airbnb cash on cash: 0.02% Traditional cash on cash: -0.24% Airbnb Rental Income: $1561 Traditional Rental Income: $979 Airbnb ROI: 0.02% Traditional ROI: -0.24%
10804 Carrie Way Island City, OR 10804 Carrie Way, Island City, OR 97850 \| Other	N/A beds \| N/A baths \| N/A	$115,000	Airbnb cash on cash: 7.21% Traditional cash on cash: 5.86% Airbnb Rental Income: $1561 Traditional Rental Income: $962 Airbnb ROI: 7.21% Traditional ROI: 5.86%
10808 Carrie Way Island City, OR 10808 Carrie Way, Island City, OR 97850 \| Other	N/A beds \| N/A baths \| N/A	$115,000	Airbnb cash on cash: 7.21% Traditional cash on cash: 5.86% Airbnb Rental Income: $1561 Traditional Rental Income: $962 Airbnb ROI: 7.21% Traditional ROI: 5.86%
10701 Greg Ln Island City, OR 10701 Greg Ln, Island City, OR 97850 \| Other	N/A beds \| N/A baths \| N/A	$135,500	Airbnb cash on cash: 5.87% Traditional cash on cash: 4.72% Airbnb Rental Income: $1561 Traditional Rental Income: $962 Airbnb ROI: 5.87% Traditional ROI: 4.72%
10601 Jeff Ln Island City, OR 10601 Jeff Ln, Island City, OR 97850 \| Other	N/A beds \| N/A baths \| N/A	$110,000	Airbnb cash on cash: 7.61% Traditional cash on cash: 6.32% Airbnb Rental Income: $1561 Traditional Rental Income: $974 Airbnb ROI: 7.61% Traditional ROI: 6.32%
10605 Greg Ln Island City, OR 10605 Greg Ln, Island City, OR 97850 \| Other	N/A beds \| N/A baths \| N/A	$133,500	Airbnb cash on cash: 5.99% Traditional cash on cash: 4.82% Airbnb Rental Income: $1561 Traditional Rental Income: $962 Airbnb ROI: 5.99% Traditional ROI: 4.82%
10603 Greg Ln Island City, OR 10603 Greg Ln, Island City, OR 97850 \| Other	N/A beds \| N/A baths \| N/A	$132,900	Airbnb cash on cash: 6.03% Traditional cash on cash: 4.85% Airbnb Rental Income: $1561 Traditional Rental Income: $962 Airbnb ROI: 6.03% Traditional ROI: 4.85%
10806 Carrie Way Island City, OR 10806 Carrie Way, Island City, OR 97850 \| Other	N/A beds \| N/A baths \| N/A	$115,000	Airbnb cash on cash: 7.21% Traditional cash on cash: 5.86% Airbnb Rental Income: $1561 Traditional Rental Income: $962 Airbnb ROI: 7.21% Traditional ROI: 5.86%
10907 Kristin Way Island City, OR 10907 Kristin Way, La Grande, OR 97850 \| Other	N/A beds \| N/A baths \| N/A	$110,000	Airbnb cash on cash: 7.61% Traditional cash on cash: 6.32% Airbnb Rental Income: $1561 Traditional Rental Income: $974 Airbnb ROI: 7.61% Traditional ROI: 6.32%
10913 Kristin Way Island City, OR 10913 Kristin Way, La Grande, OR 97850 \| Other	N/A beds \| N/A baths \| N/A	$110,000	Airbnb cash on cash: 7.61% Traditional cash on cash: 6.32% Airbnb Rental Income: $1561 Traditional Rental Income: $974 Airbnb ROI: 7.61% Traditional ROI: 6.32%
0 White Birch Ln Island City, OR 0 White Birch Ln, Island City, OR 97850 \| Other	N/A beds \| N/A baths \| N/A	$349,000	Airbnb cash on cash: 1.15% Traditional cash on cash: 0.74% Airbnb Rental Income: $1561 Traditional Rental Income: $979 Airbnb ROI: 1.15% Traditional ROI: 0.74%
11002 Kristin Way Island City, OR 11002 Kristin Way, La Grande, OR 97850 \| Single Family Residential	4 beds \| 2 baths \| 2,856 sq.ft.	$629,900	Airbnb cash on cash: N/A Traditional cash on cash: 3.32% Airbnb Rental Income: $null Traditional Rental Income: $3197 Airbnb ROI: N/A Traditional ROI: 3.32%
10303 White Birch Ln Island City, OR Experience exceptional luxury on 4.25 beautifully maintained acres in the heart of Island ...	4 beds \| 3 baths \| 3,936 sq.ft.	$998,000	Airbnb cash on cash: N/A Traditional cash on cash: 2.23% Airbnb Rental Income: $null Traditional Rental Income: $3790 Airbnb ROI: N/A Traditional ROI: 2.23%
10301 Emily Dr Island City, OR 10301 Emily Dr, La Grande, OR 97850 \| Single Family Residential	3 beds \| 2 baths \| 1,622 sq.ft.	$355,000	Airbnb cash on cash: 3.27% Traditional cash on cash: 5.27% Airbnb Rental Income: $2432 Traditional Rental Income: $2504 Airbnb ROI: 3.27% Traditional ROI: 5.27%
10501 G Ct Island City, OR 10501 G Ct, Island City, OR 97850 \| Manufactured Home	3 beds \| 2 baths \| 1,294 sq.ft.	$339,000	Airbnb cash on cash: 3.52% Traditional cash on cash: 4.75% Airbnb Rental Income: $2432 Traditional Rental Income: $2232 Airbnb ROI: 3.52% Traditional ROI: 4.75%
10413 F Ave Island City, OR 10413 F Ave, Island City, OR 97850 \| Manufactured Home	3 beds \| 2 baths \| 1,188 sq.ft.	$219,000	Airbnb cash on cash: 6.45% Traditional cash on cash: 8.42% Airbnb Rental Income: $2432 Traditional Rental Income: $2245 Airbnb ROI: 6.45% Traditional ROI: 8.42%

Real Estate investment in Island-city, OR

There are 18 properties for sale in the city of Island City . The median list price in Island City is $329,000 and the average price per square foot is $170. In November 2026, the average monthly cash on cash return in Island City is 5.00%. The average monthly rental income in Island City is $977.

Island-city, OR Real Estate Investing: FAQs for Buyers, Sellers and Investors

There are 18 investment properties available for sale in Island-city.

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

The ROI for Short-Term is higher than the Long-Term in Island-city with average rental income of $1,561.

Your search for investment property begins and ends here

Investment Property for Sale in Island City, OR

10301 Leonard Ln

Island City, OR

3 beds | 2 baths | 1,611 sq.ft.

$469,000

Airbnb cash on cash: 2.22%

Traditional cash on cash: 4.67%

Airbnb Rental Income: $2432

Traditional Rental Income: $2913

Airbnb ROI: 2.22%

Traditional ROI: 4.67%

10107 Emily Dr

Island City, OR

3 beds | 2 baths | 1,341 sq.ft.

$369,000

Airbnb cash on cash: 3.32%

Traditional cash on cash: 4.8%

Airbnb Rental Income: $2432

Traditional Rental Income: $2350

Airbnb ROI: 3.32%

Traditional ROI: 4.8%

0 Walton Rd

Island City, OR

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

$550,000

Airbnb cash on cash: 0.02%

Traditional cash on cash: -0.24%

Airbnb Rental Income: $1561

Traditional Rental Income: $979

Airbnb ROI: 0.02%

Traditional ROI: -0.24%

10804 Carrie Way

Island City, OR

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

$115,000

Airbnb cash on cash: 7.21%

Traditional cash on cash: 5.86%

Airbnb Rental Income: $1561

Traditional Rental Income: $962

Airbnb ROI: 7.21%

Traditional ROI: 5.86%

10808 Carrie Way

Island City, OR

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

$115,000

Airbnb cash on cash: 7.21%

Traditional cash on cash: 5.86%

Airbnb Rental Income: $1561

Traditional Rental Income: $962

Airbnb ROI: 7.21%

Traditional ROI: 5.86%

10701 Greg Ln

Island City, OR

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

$135,500

Airbnb cash on cash: 5.87%

Traditional cash on cash: 4.72%

Airbnb Rental Income: $1561

Traditional Rental Income: $962

Airbnb ROI: 5.87%

Traditional ROI: 4.72%

10601 Jeff Ln

Island City, OR

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

$110,000

Airbnb cash on cash: 7.61%

Traditional cash on cash: 6.32%

Airbnb Rental Income: $1561

Traditional Rental Income: $974

Airbnb ROI: 7.61%

Traditional ROI: 6.32%

10605 Greg Ln

Island City, OR

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

$133,500

Airbnb cash on cash: 5.99%

Traditional cash on cash: 4.82%

Airbnb Rental Income: $1561

Traditional Rental Income: $962

Airbnb ROI: 5.99%