Real Estate Investment Properties for Sale in Algoma, WI

Looking for investment property in Algoma, WI with high ROI ?

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

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
1224 Fremont St Algoma, WI 1224 Fremont St, Algoma, WI 54201 \| Single Family Residential	2 beds \| 2 baths \| 1,109 sq.ft.	$218,000	Airbnb cash on cash: -0.69% Traditional cash on cash: 4.19% Airbnb Rental Income: $865 Traditional Rental Income: $1540 Airbnb ROI: -0.69% Traditional ROI: 4.19%
E7379 Washington Rd Algoma, WI The Lighthouse is a waterfront property that sleeps up to 28 guests, featuring 6 bedrooms,...	6 beds \| 3 baths \| 4,439 sq.ft.	$2,199,900	Airbnb cash on cash: N/A Traditional cash on cash: 0.23% Airbnb Rental Income: $null Traditional Rental Income: $3631 Airbnb ROI: N/A Traditional ROI: 0.23%
710 Washington St Algoma, WI 710 Washington St, Algoma, WI 54201 \| Single Family Residential	3 beds \| 2 baths \| 2,009 sq.ft.	$259,000	Airbnb cash on cash: 1.94% Traditional cash on cash: 6.13% Airbnb Rental Income: $1735 Traditional Rental Income: $2281 Airbnb ROI: 1.94% Traditional ROI: 6.13%
N8188 County Road M Algoma, WI N8188 County Road M, Algoma, WI 54201 \| Single Family Residential	3 beds \| 1 baths \| 1,337 sq.ft.	$279,900	Airbnb cash on cash: 1.58% Traditional cash on cash: 2.98% Airbnb Rental Income: $1735 Traditional Rental Income: $1624 Airbnb ROI: 1.58% Traditional ROI: 2.98%
Bluff View Ct Algoma, WI Bluff View Ct, Algoma, WI 54201 \| Other	N/A beds \| N/A baths \| N/A	$99,900	Airbnb cash on cash: N/A Traditional cash on cash: 4.14% Airbnb Rental Income: $null Traditional Rental Income: $766 Airbnb ROI: N/A Traditional ROI: 4.14%
Alpine Rd Algoma, WI Alpine Rd, Algoma, WI 54201 \| Other	N/A beds \| N/A baths \| N/A	$74,900	Airbnb cash on cash: N/A Traditional cash on cash: 6.33% Airbnb Rental Income: $null Traditional Rental Income: $766 Airbnb ROI: N/A Traditional ROI: 6.33%
Wilson Rd Algoma, WI Wilson Rd, Algoma, WI 54201 \| Other	N/A beds \| N/A baths \| N/A	$352,000	Airbnb cash on cash: N/A Traditional cash on cash: -0.34% Airbnb Rental Income: $null Traditional Rental Income: $916 Airbnb ROI: N/A Traditional ROI: -0.34%
0 Walnut Rd Algoma, WI 0 Walnut Rd, Algoma, WI 54201 \| Other	N/A beds \| N/A baths \| N/A	$179,900	Airbnb cash on cash: N/A Traditional cash on cash: 1.12% Airbnb Rental Income: $null Traditional Rental Income: $766 Airbnb ROI: N/A Traditional ROI: 1.12%
35 Villa Hgts Ct Algoma, WI 35 Villa Hgts Ct, Algoma, WI 54201 \| Single Family Residential	4 beds \| 3 baths \| 2,412 sq.ft.	$349,900	Airbnb cash on cash: 0.18% Traditional cash on cash: 5.27% Airbnb Rental Income: $1523 Traditional Rental Income: $2755 Airbnb ROI: 0.18% Traditional ROI: 5.27%
County Rd S Algoma, WI County Rd S, Algoma, WI 54201 \| Other	N/A beds \| N/A baths \| N/A	$264,000	Airbnb cash on cash: N/A Traditional cash on cash: -0.12% Airbnb Rental Income: $null Traditional Rental Income: $766 Airbnb ROI: N/A Traditional ROI: -0.12%
Navarino St Algoma, WI Navarino St, Algoma, WI 54201 \| Other	N/A beds \| N/A baths \| N/A	$49,500	Airbnb cash on cash: N/A Traditional cash on cash: 10.64% Airbnb Rental Income: $null Traditional Rental Income: $768 Airbnb ROI: N/A Traditional ROI: 10.64%
1724 Jefferson St Algoma, WI 1724 Jefferson St, Algoma, WI 54201 \| Other	N/A beds \| N/A baths \| N/A	$59,500	Airbnb cash on cash: N/A Traditional cash on cash: 8.5% Airbnb Rental Income: $null Traditional Rental Income: $766 Airbnb ROI: N/A Traditional ROI: 8.5%
600 Navarino St Algoma, WI 600 Navarino St, Algoma, WI 54201 \| Other	N/A beds \| N/A baths \| N/A	$45,000	Airbnb cash on cash: N/A Traditional cash on cash: 11.87% Airbnb Rental Income: $null Traditional Rental Income: $769 Airbnb ROI: N/A Traditional ROI: 11.87%
285 Division St Algoma, WI Part of Algoma's story, this charming 3-bed, 1-bath home blends simplicity, space, and loc...	3 beds \| 1 baths \| 1,178 sq.ft.	$206,900	Airbnb cash on cash: 4% Traditional cash on cash: 6.86% Airbnb Rental Income: $1735 Traditional Rental Income: $1818 Airbnb ROI: 4% Traditional ROI: 6.86%
300 4th St Algoma, WI Beautiful, 3,000 sq ft penthouse on the top floor of the historic Netto Palazzo building. ...	1 beds \| 2 baths \| 15,000 sq.ft.	$289,900	Airbnb cash on cash: -0.83% Traditional cash on cash: 3.92% Airbnb Rental Income: $857 Traditional Rental Income: $1822 Airbnb ROI: -0.83% Traditional ROI: 3.92%
327 Lawndale Ave Algoma, WI Opportunity awaits in Algoma! This 3-bedroom, 1-bath home sits on a desirable corner lot a...	3 beds \| 1 baths \| 1,206 sq.ft.	$125,000	Airbnb cash on cash: 6.29% Traditional cash on cash: 10.2% Airbnb Rental Income: $1735 Traditional Rental Income: $1728 Airbnb ROI: 6.29% Traditional ROI: 10.2%
525 KIRKLAND Avenue Algoma, WI Sun-filled ranch w/ character & many features over & above a completed construction includ...	3 beds \| 2 baths \| 1,618 sq.ft.	$444,000	Airbnb cash on cash: -0.03% Traditional cash on cash: 2.99% Airbnb Rental Income: $1735 Traditional Rental Income: $2514 Airbnb ROI: -0.03% Traditional ROI: 2.99%
N5978 W ALASKA LAKE Road Algoma, WI Experience the tranquility of West Alaska Lake with 217 feet of private shoreline adorned ...	2 beds \| 2 baths \| 1,546 sq.ft.	$499,000	Airbnb cash on cash: -0.9% Traditional cash on cash: 3.3% Airbnb Rental Income: $865 Traditional Rental Income: $2491 Airbnb ROI: -0.9% Traditional ROI: 3.3%
237 MILL Street Algoma, WI OPPORTUNITY meets OPTIONS while you make this property everything you dream it could be! T...	N/A beds \| N/A baths \| 2,193 sq.ft.	$189,900	Airbnb cash on cash: N/A Traditional cash on cash: 6.01% Airbnb Rental Income: $null Traditional Rental Income: $1620 Airbnb ROI: N/A Traditional ROI: 6.01%
1517 NAVARINO Street Algoma, WI Recently updated 3-bedroom, 2-bath ranch home. The kitchen has been redone as well as the ...	3 beds \| 2 baths \| 1,360 sq.ft.	$269,900	Airbnb cash on cash: 2.56% Traditional cash on cash: 7.27% Airbnb Rental Income: $1735 Traditional Rental Income: $2457 Airbnb ROI: 2.56% Traditional ROI: 7.27%
815 SUNSET Avenue Algoma, WI This welcoming 2 bedroom, 1 bath ranch is filled with natural light that instantly makes t...	2 beds \| 1 baths \| 987 sq.ft.	$199,900	Airbnb cash on cash: 0.08% Traditional cash on cash: 5.43% Airbnb Rental Income: $865 Traditional Rental Income: $1547 Airbnb ROI: 0.08% Traditional ROI: 5.43%
1105 FREMONT Street Algoma, WI This cute, recently updated Cape Cod home is perfectly situated in the vibrant community o...	3 beds \| 1 baths \| 1,173 sq.ft.	$224,900	Airbnb cash on cash: 3.85% Traditional cash on cash: 6.06% Airbnb Rental Income: $1735 Traditional Rental Income: $1727 Airbnb ROI: 3.85% Traditional ROI: 6.06%
1021 NAVARINO Street Algoma, WI Waterview without the price! Charming 1.5-story Cape Cod home in Algoma featuring 4-5 bedr...	5 beds \| 1 baths \| 2,137 sq.ft.	$214,900	Airbnb cash on cash: N/A Traditional cash on cash: 6.81% Airbnb Rental Income: $null Traditional Rental Income: $1982 Airbnb ROI: N/A Traditional ROI: 6.81%
94 E N WATER Street Algoma, WI Attention LAKE MICHIGAN Enthusiasts! This charming 4+ Bed/2 Bath Cape Cod is the perfect p...	4 beds \| 2 baths \| 1,726 sq.ft.	$215,000	Airbnb cash on cash: 2.71% Traditional cash on cash: 9.41% Airbnb Rental Income: $1523 Traditional Rental Income: $2446 Airbnb ROI: 2.71% Traditional ROI: 9.41%
212 N WATER Street Algoma, WI Great investment opportunity! This 2-family has 2 bedrooms up, 1 bedroom down, once a sing...	N/A beds \| N/A baths \| 1,860 sq.ft.	$114,500	Airbnb cash on cash: N/A Traditional cash on cash: 9.73% Airbnb Rental Income: $null Traditional Rental Income: $1466 Airbnb ROI: N/A Traditional ROI: 9.73%

Real Estate investment in Algoma, WI

There are 25 properties for sale in the city of Algoma . The median list price in Algoma is $214,900 and the average price per square foot is $84. In January 2026, the average monthly cash on cash return in Algoma is 2.00%. The average monthly rental income in Algoma is $919.

Algoma, WI Real Estate Investing: FAQs for Buyers, Sellers and Investors

There are 25 investment properties available for sale in Algoma.

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

The ROI for Short-Term is higher than the Long-Term in Algoma with average rental income of $1,523.

Your search for investment property begins and ends here

Investment Property for Sale in Algoma, WI

1224 Fremont St

Algoma, WI

2 beds | 2 baths | 1,109 sq.ft.

$218,000

Airbnb cash on cash: -0.69%

Traditional cash on cash: 4.19%

Airbnb Rental Income: $865

Traditional Rental Income: $1540

Airbnb ROI: -0.69%

Traditional ROI: 4.19%

E7379 Washington Rd

Algoma, WI

6 beds | 3 baths | 4,439 sq.ft.

$2,199,900

Airbnb cash on cash: N/A

Traditional cash on cash: 0.23%

Airbnb Rental Income: $null

Traditional Rental Income: $3631

Airbnb ROI: N/A

Traditional ROI: 0.23%

710 Washington St

Algoma, WI

3 beds | 2 baths | 2,009 sq.ft.

$259,000

Airbnb cash on cash: 1.94%

Traditional cash on cash: 6.13%

Airbnb Rental Income: $1735

Traditional Rental Income: $2281

Airbnb ROI: 1.94%

Traditional ROI: 6.13%

N8188 County Road M

Algoma, WI

3 beds | 1 baths | 1,337 sq.ft.

$279,900

Airbnb cash on cash: 1.58%

Traditional cash on cash: 2.98%

Airbnb Rental Income: $1735

Traditional Rental Income: $1624

Airbnb ROI: 1.58%

Traditional ROI: 2.98%

Bluff View Ct

Algoma, WI

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

$99,900

Airbnb cash on cash: N/A

Traditional cash on cash: 4.14%

Airbnb Rental Income: $null

Traditional Rental Income: $766

Airbnb ROI: N/A

Traditional ROI: 4.14%

Alpine Rd

Algoma, WI

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

$74,900

Airbnb cash on cash: N/A

Traditional cash on cash: 6.33%

Airbnb Rental Income: $null

Traditional Rental Income: $766

Airbnb ROI: N/A

Traditional ROI: 6.33%

Wilson Rd

Algoma, WI

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

$352,000

Airbnb cash on cash: N/A

Traditional cash on cash: -0.34%

Airbnb Rental Income: $null

Traditional Rental Income: $916

Airbnb ROI: N/A

Traditional ROI: -0.34%

0 Walnut Rd

Algoma, WI

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

$179,900

Airbnb cash on cash: N/A

Traditional cash on cash: 1.12%

Airbnb Rental Income: $null

Traditional Rental Income: $766

Airbnb ROI: N/A