Real Estate Investment Properties for Sale in Mercer Island, WA

Looking for investment property in Mercer Island, WA with high ROI ?

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

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
18 Holly Ln Mercer Island, WA Cruise home to a spectacular legacy residence found tucked upon the coveted western shore ...	6 beds \| 4 baths \| 5,163 sq.ft.	$7,499,988	Airbnb cash on cash: -1.56% Traditional cash on cash: -1.2% Airbnb Rental Income: $3162 Traditional Rental Income: $4999 Airbnb ROI: -1.56% Traditional ROI: -1.2%
7254 N Mercer Way Mercer Island, WA 7254 N Mercer Way, Mercer Island, WA 98040 \| Single Family Residential	5 beds \| 5 baths \| 5,100 sq.ft.	$6,995,000	Airbnb cash on cash: -1.61% Traditional cash on cash: -0.76% Airbnb Rental Income: $3162 Traditional Rental Income: $7941 Airbnb ROI: -1.61% Traditional ROI: -0.76%
8260 Avalon Dr Mercer Island, WA 8260 Avalon Dr, Mercer Island, WA 98040 \| Single Family Residential	5 beds \| 4 baths \| 5,390 sq.ft.	$9,590,000	Airbnb cash on cash: -1.71% Traditional cash on cash: -1.11% Airbnb Rental Income: $3162 Traditional Rental Income: $7818 Airbnb ROI: -1.71% Traditional ROI: -1.11%
7600 SE 29th St #501 Mercer Island, WA 7600 SE 29th St #501, Mercer Island, WA 98040 \| Condo/Coop	2 beds \| 2 baths \| 1,124 sq.ft.	$610,000	Airbnb cash on cash: -1.37% Traditional cash on cash: 0.04% Airbnb Rental Income: $1565 Traditional Rental Income: $1919 Airbnb ROI: -1.37% Traditional ROI: 0.04%
7909 78th Ave SE Mercer Island, WA 7909 78th Ave SE, Mercer Island, WA 98040 \| Single Family Residential	6 beds \| 8 baths \| 9,340 sq.ft.	$6,800,000	Airbnb cash on cash: -1.6% Traditional cash on cash: -0.82% Airbnb Rental Income: $3162 Traditional Rental Income: $7343 Airbnb ROI: -1.6% Traditional ROI: -0.82%
8428 N Mercer Way Mercer Island, WA 8428 N Mercer Way, Mercer Island, WA 98040 \| Single Family Residential	4 beds \| 3 baths \| 3,900 sq.ft.	$8,500,000	Airbnb cash on cash: -1.79% Traditional cash on cash: -1.25% Airbnb Rental Income: $2087 Traditional Rental Income: $5787 Airbnb ROI: -1.79% Traditional ROI: -1.25%
7220 North Mercer Way Mercer Island, WA 7220 North Mercer Way, Mercer Island, WA 98040 \| Single Family Residential	7 beds \| 7 baths \| 8,600 sq.ft.	$6,200,000	Airbnb cash on cash: -1.57% Traditional cash on cash: -0.69% Airbnb Rental Income: $3162 Traditional Rental Income: $7502 Airbnb ROI: -1.57% Traditional ROI: -0.69%
0 XXX 91st Ave SE Mercer Island, WA 0 XXX 91st Ave SE, Mercer Island, WA 98040 \| Other	N/A beds \| N/A baths \| 0 sq.ft.	$279,950	Airbnb cash on cash: 1.21% Traditional cash on cash: 0.35% Airbnb Rental Income: $1345 Traditional Rental Income: $705 Airbnb ROI: 1.21% Traditional ROI: 0.35%
0 XX23 91 st Ave SE Mercer Island, WA 0 XX23 91 st Ave SE, Mercer Island, WA 98040 \| Other	N/A beds \| N/A baths \| 0 sq.ft.	$379,950	Airbnb cash on cash: 0.38% Traditional cash on cash: -0.25% Airbnb Rental Income: $1345 Traditional Rental Income: $705 Airbnb ROI: 0.38% Traditional ROI: -0.25%
28 XX 68th Ave SE Mercer Island, WA 28 XX 68th Ave SE, Mercer Island, WA 98040 \| Other	N/A beds \| N/A baths \| 0 sq.ft.	$1,525,000	Airbnb cash on cash: -1.38% Traditional cash on cash: -1.52% Airbnb Rental Income: $1345 Traditional Rental Income: $736 Airbnb ROI: -1.38% Traditional ROI: -1.52%
9433 SE 54th St Mercer Island, WA 9433 SE 54th St, Mercer Island, WA 98040 \| Other	N/A beds \| N/A baths \| 0 sq.ft.	$998,000	Airbnb cash on cash: -1.07% Traditional cash on cash: -1.28% Airbnb Rental Income: $1345 Traditional Rental Income: $736 Airbnb ROI: -1.07% Traditional ROI: -1.28%
3840 E Mercer Way Mercer Island, WA 3840 E Mercer Way, Mercer Island, WA 98040 \| Single Family Residential	5 beds \| 4 baths \| 6,117 sq.ft.	$9,100,000	Airbnb cash on cash: -1.7% Traditional cash on cash: -1.38% Airbnb Rental Income: $3162 Traditional Rental Income: $5086 Airbnb ROI: -1.7% Traditional ROI: -1.38%
5425 96th Ave SE Mercer Island, WA 5425 SE 96th Ave, Mercer Island, WA 98040 \| Single Family Residential	5 beds \| 3 baths \| 4,220 sq.ft.	$3,700,000	Airbnb cash on cash: -1.29% Traditional cash on cash: -0.79% Airbnb Rental Income: $3162 Traditional Rental Income: $4174 Airbnb ROI: -1.29% Traditional ROI: -0.79%
7580 SE 71st St Mercer Island, WA 7580 SE 71st St, Mercer Island, WA 98040 \| Single Family Residential	5 beds \| 2 baths \| 3,610 sq.ft.	$3,379,000	Airbnb cash on cash: -1.22% Traditional cash on cash: -0.7% Airbnb Rental Income: $3162 Traditional Rental Income: $4091 Airbnb ROI: -1.22% Traditional ROI: -0.7%
8025 W Mercer Way Mercer Island, WA 8025 W Mercer Way, Mercer Island, WA 98040 \| Single Family Residential	5 beds \| 2 baths \| 5,100 sq.ft.	$12,000,000	Airbnb cash on cash: -1.76% Traditional cash on cash: -1.68% Airbnb Rental Income: $3162 Traditional Rental Income: $3330 Airbnb ROI: -1.76% Traditional ROI: -1.68%
8526 E Mercer Way Mercer Island, WA 8526 E Mercer Way, Mercer Island, WA 98040 \| Single Family Residential	3 beds \| 2 baths \| 1,986 sq.ft.	$1,799,500	Airbnb cash on cash: -1.23% Traditional cash on cash: -0.31% Airbnb Rental Income: $1824 Traditional Rental Income: $2872 Airbnb ROI: -1.23% Traditional ROI: -0.31%
3645 92nd Ave SE Mercer Island, WA 3645 92nd Ave SE, Mercer Island, WA 98040 \| Single Family Residential	5 beds \| 4 baths \| 4,477 sq.ft.	$2,998,000	Airbnb cash on cash: -1.14% Traditional cash on cash: -0.2% Airbnb Rental Income: $3162 Traditional Rental Income: $5073 Airbnb ROI: -1.14% Traditional ROI: -0.2%
7703 W Mercer Way Mercer Island, WA 7703 W Mercer Way, Mercer Island, WA 98040 \| Single Family Residential	4 beds \| 3 baths \| 4,361 sq.ft.	$6,250,000	Airbnb cash on cash: -1.72% Traditional cash on cash: -1.32% Airbnb Rental Income: $2087 Traditional Rental Income: $3899 Airbnb ROI: -1.72% Traditional ROI: -1.32%
2500 81st Ave SE #329 Mercer Island, WA 2500 81st Ave SE #329, Mercer Island, WA 98040 \| Condo/Coop	1 beds \| 1 baths \| 715 sq.ft.	$369,000	Airbnb cash on cash: -2.54% Traditional cash on cash: -0.78% Airbnb Rental Income: $1128 Traditional Rental Income: $1360 Airbnb ROI: -2.54% Traditional ROI: -0.78%
73 XX SE 38th St Mercer Island, WA 73 XX SE 38th St, Mercer Island, WA 98040 \| Other	N/A beds \| N/A baths \| N/A	$825,000	Airbnb cash on cash: -0.88% Traditional cash on cash: -1.05% Airbnb Rental Income: $1345 Traditional Rental Income: $804 Airbnb ROI: -0.88% Traditional ROI: -1.05%
4429 E Mercer Way Mercer Island, WA 4429 E Mercer Way, Mercer Island, WA 98040 \| Single Family Residential	4 beds \| 3 baths \| 2,920 sq.ft.	$1,560,000	Airbnb cash on cash: -0.97% Traditional cash on cash: 0.52% Airbnb Rental Income: $2087 Traditional Rental Income: $3701 Airbnb ROI: -0.97% Traditional ROI: 0.52%
2500 81st Ave SE #118 Mercer Island, WA 2500 81st Ave SE #118, Mercer Island, WA 98040 \| Condo/Coop	2 beds \| 1 baths \| 965 sq.ft.	$399,950	Airbnb cash on cash: -2.42% Traditional cash on cash: -1.15% Airbnb Rental Income: $1565 Traditional Rental Income: $1589 Airbnb ROI: -2.42% Traditional ROI: -1.15%
4525 90th Ave SE Mercer Island, WA 4525 90th Ave SE, Mercer Island, WA 98040 \| Single Family Residential	5 beds \| 4 baths \| 3,787 sq.ft.	$3,250,000	Airbnb cash on cash: -1.19% Traditional cash on cash: -0.39% Airbnb Rental Income: $3162 Traditional Rental Income: $4868 Airbnb ROI: -1.19% Traditional ROI: -0.39%
8144 W Mercer Way Mercer Island, WA 8144 W Mercer Way, Mercer Island, WA 98040 \| Single Family Residential	4 beds \| 4 baths \| 4,362 sq.ft.	$3,380,000	Airbnb cash on cash: -1.54% Traditional cash on cash: -0.44% Airbnb Rental Income: $2087 Traditional Rental Income: $4976 Airbnb ROI: -1.54% Traditional ROI: -0.44%
4290 Shoreclub Dr Mercer Island, WA 4290 Shoreclub Dr, Mercer Island, WA 98040 \| Single Family Residential	4 beds \| 3 baths \| 2,395 sq.ft.	$2,059,988	Airbnb cash on cash: -1.21% Traditional cash on cash: -0.24% Airbnb Rental Income: $2087 Traditional Rental Income: $3418 Airbnb ROI: -1.21% Traditional ROI: -0.24%
5222 Forest Ave SE Mercer Island, WA 5222 Forest Ave SE, Mercer Island, WA 98040 \| Single Family Residential	5 beds \| 4 baths \| 3,851 sq.ft.	$3,548,000	Airbnb cash on cash: -1.26% Traditional cash on cash: -0.47% Airbnb Rental Income: $3162 Traditional Rental Income: $5029 Airbnb ROI: -1.26% Traditional ROI: -0.47%
6700 81st Ave SE Mercer Island, WA 6700 81st Ave SE, Mercer Island, WA 98040 \| Single Family Residential	4 beds \| 3 baths \| 2,530 sq.ft.	$1,950,000	Airbnb cash on cash: -1.17% Traditional cash on cash: -0.08% Airbnb Rental Income: $2087 Traditional Rental Income: $3522 Airbnb ROI: -1.17% Traditional ROI: -0.08%
5330 Butterworth Rd Mercer Island, WA 5330 Butterworth Rd, Mercer Island, WA 98040 \| Single Family Residential	5 beds \| 5 baths \| 7,840 sq.ft.	$17,900,000	Airbnb cash on cash: -1.83% Traditional cash on cash: -1.61% Airbnb Rental Income: $3162 Traditional Rental Income: $6072 Airbnb ROI: -1.83% Traditional ROI: -1.61%
3424 97th Ave SE Mercer Island, WA 3424 97th Ave SE, Mercer Island, WA 98040 \| Single Family Residential	4 beds \| 2 baths \| 3,414 sq.ft.	$2,695,000	Airbnb cash on cash: -1.39% Traditional cash on cash: -0.77% Airbnb Rental Income: $2087 Traditional Rental Income: $3111 Airbnb ROI: -1.39% Traditional ROI: -0.77%
6418 E Mercer Way Mercer Island, WA 6418 E Mercer Way, Mercer Island, WA 98040 \| Single Family Residential	4 beds \| 3 baths \| 2,690 sq.ft.	$2,050,000	Airbnb cash on cash: -1.21% Traditional cash on cash: -0.01% Airbnb Rental Income: $2087 Traditional Rental Income: $3825 Airbnb ROI: -1.21% Traditional ROI: -0.01%
5601 W Mercer Way Mercer Island, WA 5601 W Mercer Way, Mercer Island, WA 98040 \| Single Family Residential	4 beds \| 2 baths \| 3,670 sq.ft.	$2,999,800	Airbnb cash on cash: -1.45% Traditional cash on cash: -0.86% Airbnb Rental Income: $2087 Traditional Rental Income: $3205 Airbnb ROI: -1.45% Traditional ROI: -0.86%
9818 SE 42nd Pl Mercer Island, WA 9818 SE 42nd Pl, Mercer Island, WA 98040 \| Single Family Residential	6 beds \| 5 baths \| 6,005 sq.ft.	$5,665,000	Airbnb cash on cash: -1.53% Traditional cash on cash: -0.84% Airbnb Rental Income: $3162 Traditional Rental Income: $6051 Airbnb ROI: -1.53% Traditional ROI: -0.84%
4725 W Mercer Way Mercer Island, WA 4725 W Mercer Way, Mercer Island, WA 98040 \| Single Family Residential	4 beds \| 3 baths \| 4,010 sq.ft.	$3,500,000	Airbnb cash on cash: -1.53% Traditional cash on cash: -0.8% Airbnb Rental Income: $2087 Traditional Rental Income: $3898 Airbnb ROI: -1.53% Traditional ROI: -0.8%
4102 100th Ave SE Mercer Island, WA 4102 100th Ave SE, Mercer Island, WA 98040 \| Single Family Residential	5 beds \| 4 baths \| 5,535 sq.ft.	$8,495,000	Airbnb cash on cash: -1.68% Traditional cash on cash: -1.36% Airbnb Rental Income: $3162 Traditional Rental Income: $4910 Airbnb ROI: -1.68% Traditional ROI: -1.36%
7600 SE 29th St #311 Mercer Island, WA 7600 SE 29th St #311, Mercer Island, WA 98040 \| Condo/Coop	2 beds \| 2 baths \| 1,287 sq.ft.	$580,000	Airbnb cash on cash: -1.48% Traditional cash on cash: -0.09% Airbnb Rental Income: $1565 Traditional Rental Income: $1869 Airbnb ROI: -1.48% Traditional ROI: -0.09%
7930 SE 34th St #513 Mercer Island, WA 7930 SE 34th St #513, Mercer Island, WA 98040 \| Condo/Coop	2 beds \| 2 baths \| 999 sq.ft.	$550,000	Airbnb cash on cash: -1.62% Traditional cash on cash: -0.27% Airbnb Rental Income: $1565 Traditional Rental Income: $1808 Airbnb ROI: -1.62% Traditional ROI: -0.27%
2212 77th Ave SE Mercer Island, WA 2212 77th Ave SE, Mercer Island, WA 98040 \| Single Family Residential	5 beds \| 5 baths \| 5,200 sq.ft.	$4,600,000	Airbnb cash on cash: -1.42% Traditional cash on cash: -0.61% Airbnb Rental Income: $3162 Traditional Rental Income: $5917 Airbnb ROI: -1.42% Traditional ROI: -0.61%
2939 76th Ave SE #41B Mercer Island, WA 2939 76th Ave SE #41B, Mercer Island, WA 98040 \| Condo/Coop	N/A beds \| 1 baths \| 455 sq.ft.	$295,000	Airbnb cash on cash: -0.26% Traditional cash on cash: 0.32% Airbnb Rental Income: $1345 Traditional Rental Income: $1095 Airbnb ROI: -0.26% Traditional ROI: 0.32%
8233 W Mercer Way Mercer Island, WA 8233 W Mercer Way, Mercer Island, WA 98040 \| Single Family Residential	6 beds \| 6 baths \| 10,348 sq.ft.	$24,000,000	Airbnb cash on cash: -1.87% Traditional cash on cash: -1.64% Airbnb Rental Income: $3162 Traditional Rental Income: $7576 Airbnb ROI: -1.87% Traditional ROI: -1.64%
2930 76th Ave SE #A-203 Mercer Island, WA 2930 76th Ave SE #A-203, Mercer Island, WA 98040 \| Condo/Coop	2 beds \| 2 baths \| 1,284 sq.ft.	$599,950	Airbnb cash on cash: -1.87% Traditional cash on cash: -0.53% Airbnb Rental Income: $1565 Traditional Rental Income: $1865 Airbnb ROI: -1.87% Traditional ROI: -0.53%

Real Estate investment in Mercer-island, WA

There are 132 properties for sale in the city of Mercer Island . The median list price in Mercer Island is $2,466,024 and the average price per square foot is $691. In September 2026, the average monthly cash on cash return in Mercer Island is N/A%. The average monthly rental income in Mercer Island is $3,825.

Mercer-island, WA Real Estate Investing: FAQs for Buyers, Sellers and Investors

There are 132 investment properties available for sale in Mercer-island.

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

The ROI for Long-Term is higher than the Short-Term in Mercer-island with average rental income of $3,825.

Your search for investment property begins and ends here

Investment Property for Sale in Mercer Island, WA

18 Holly Ln

Mercer Island, WA

6 beds | 4 baths | 5,163 sq.ft.

$7,499,988

Airbnb cash on cash: -1.56%

Traditional cash on cash: -1.2%

Airbnb Rental Income: $3162

Traditional Rental Income: $4999

Airbnb ROI: -1.56%

Traditional ROI: -1.2%

7254 N Mercer Way

Mercer Island, WA

5 beds | 5 baths | 5,100 sq.ft.

$6,995,000

Airbnb cash on cash: -1.61%

Traditional cash on cash: -0.76%

Airbnb Rental Income: $3162

Traditional Rental Income: $7941

Airbnb ROI: -1.61%

Traditional ROI: -0.76%

8260 Avalon Dr

Mercer Island, WA

5 beds | 4 baths | 5,390 sq.ft.

$9,590,000

Airbnb cash on cash: -1.71%

Traditional cash on cash: -1.11%

Airbnb Rental Income: $3162

Traditional Rental Income: $7818

Airbnb ROI: -1.71%

Traditional ROI: -1.11%

7600 SE 29th St #501

Mercer Island, WA

2 beds | 2 baths | 1,124 sq.ft.

$610,000

Airbnb cash on cash: -1.37%

Traditional cash on cash: 0.04%

Airbnb Rental Income: $1565

Traditional Rental Income: $1919

Airbnb ROI: -1.37%

Traditional ROI: 0.04%

7909 78th Ave SE

Mercer Island, WA

6 beds | 8 baths | 9,340 sq.ft.

$6,800,000

Airbnb cash on cash: -1.6%

Traditional cash on cash: -0.82%

Airbnb Rental Income: $3162

Traditional Rental Income: $7343

Airbnb ROI: -1.6%

Traditional ROI: -0.82%

8428 N Mercer Way

Mercer Island, WA

4 beds | 3 baths | 3,900 sq.ft.

$8,500,000

Airbnb cash on cash: -1.79%

Traditional cash on cash: -1.25%

Airbnb Rental Income: $2087

Traditional Rental Income: $5787

Airbnb ROI: -1.79%

Traditional ROI: -1.25%

7220 North Mercer Way

Mercer Island, WA

7 beds | 7 baths | 8,600 sq.ft.

$6,200,000

Airbnb cash on cash: -1.57%

Traditional cash on cash: -0.69%

Airbnb Rental Income: $3162

Traditional Rental Income: $7502

Airbnb ROI: -1.57%

Traditional ROI: -0.69%

0 XXX 91st Ave SE

Mercer Island, WA

N/A beds | N/A baths | 0 sq.ft.

$279,950

Airbnb cash on cash: 1.21%

Traditional cash on cash: 0.35%

Airbnb Rental Income: $1345

Traditional Rental Income: $705

Airbnb ROI: 1.21%