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
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%
602 Flora Ave Algoma, WI Investor or Owner-Occupied Opportunity in Algoma! Nestled in a quiet neighborhood near Lak...	3 beds \| 2 baths \| 2,243 sq.ft.	$185,000	Airbnb cash on cash: 4.41% Traditional cash on cash: 10.84% Airbnb Rental Income: $1735 Traditional Rental Income: $2387 Airbnb ROI: 4.41% Traditional ROI: 10.84%
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: -0.91% Traditional cash on cash: 3.3% Airbnb Rental Income: $855 Traditional Rental Income: $2491 Airbnb ROI: -0.91% Traditional ROI: 3.3%
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%
Investment Properties for Sale in Other Cities of Wisconsin
8037 41st Ave #29C Kenosha , WI Seller will not complete any repairs to the subject property either lender or buyer reques...	2 beds \| 2 baths \| 1,082 sq.ft.	$204,900	Airbnb cash on cash: N/A Traditional cash on cash: 6.02% Airbnb Rental Income: $null Traditional Rental Income: $1679 Airbnb ROI: N/A Traditional ROI: 6.02%
112 E Freistadt Rd #C Thiensville , WI Beautifully updated 3BR/2BA condo in Village Place offers easy one-level living--a perfect...	3 beds \| 2 baths \| 1,156 sq.ft.	$219,900	Airbnb cash on cash: 4.39% Traditional cash on cash: 7.17% Airbnb Rental Income: $1912 Traditional Rental Income: $1983 Airbnb ROI: 4.39% Traditional ROI: 7.17%
3666 S 21st St Milwaukee , WI Turn-key Cape Cod in desirable Southpoint neighborhood. Eat-in kitchen serves up modern ca...	3 beds \| 2 baths \| 1,566 sq.ft.	$300,000	Airbnb cash on cash: -0.68% Traditional cash on cash: 4.78% Airbnb Rental Income: $1020 Traditional Rental Income: $2202 Airbnb ROI: -0.68% Traditional ROI: 4.78%
4421 N 80th St Milwaukee , WI Welcome to this charming Cape Cod in the sought-after Arlington Gardens neighborhood! Insi...	2 beds \| 2 baths \| 1,428 sq.ft.	$219,000	Airbnb cash on cash: -0.31% Traditional cash on cash: 6.02% Airbnb Rental Income: $1051 Traditional Rental Income: $1999 Airbnb ROI: -0.31% Traditional ROI: 6.02%
234 E Reservoir Ave #203 Milwaukee , WI Stylish and full of character, this 2-bedroom, 2-bath condo with a den offers an open-conc...	2 beds \| 2 baths \| 1,200 sq.ft.	$295,000	Airbnb cash on cash: -1.59% Traditional cash on cash: 2.14% Airbnb Rental Income: $1036 Traditional Rental Income: $1711 Airbnb ROI: -1.59% Traditional ROI: 2.14%
170 S 64th St Milwaukee , WI Looking for less maintenance on a house and ready to move in ready? Look no further. This ...	3 beds \| 1 baths \| 1,081 sq.ft.	$185,000	Airbnb cash on cash: 3.34% Traditional cash on cash: 6.7% Airbnb Rental Income: $1454 Traditional Rental Income: $1614 Airbnb ROI: 3.34% Traditional ROI: 6.7%
270 E Highland Ave #1031 Milwaukee , WI Welcome to the iconic Blatz Condominiums, where historic charm meets modern convenience. T...	1 beds \| 2 baths \| 1,154 sq.ft.	$214,900	Airbnb cash on cash: -0.72% Traditional cash on cash: 4.57% Airbnb Rental Income: $1044 Traditional Rental Income: $1759 Airbnb ROI: -0.72% Traditional ROI: 4.57%
904 E Pearson St #113 Milwaukee , WI Carefree condo living awaits at Western Leather Lofts! This desirable loft style condo boa...	2 beds \| 2 baths \| 1,147 sq.ft.	$270,000	Airbnb cash on cash: -1.22% Traditional cash on cash: 2.67% Airbnb Rental Income: $1123 Traditional Rental Income: $1739 Airbnb ROI: -1.22% Traditional ROI: 2.67%
1820 N Oakland Ave Milwaukee , WI Great location! LOWER EAST SIDE gem with lots of updates! 3 bedroom, 1.5 bath, 3 parking...	3 beds \| 2 baths \| 1,946 sq.ft.	$399,900	Airbnb cash on cash: -0.46% Traditional cash on cash: 3.54% Airbnb Rental Income: $1391 Traditional Rental Income: $2472 Airbnb ROI: -0.46% Traditional ROI: 3.54%
1925 N Water St #100 Milwaukee , WI Riverbridge Condominiums are located right on the riverwalk for a convenient walk downtown...	2 beds \| 2 baths \| 1,490 sq.ft.	$364,900	Airbnb cash on cash: -0.86% Traditional cash on cash: 4.29% Airbnb Rental Income: $1123 Traditional Rental Income: $2511 Airbnb ROI: -0.86% Traditional ROI: 4.29%
1905 N Water St #409 Milwaukee , WI Located between Water Street and Brady--just minutes from the Fiserv Forum and with direct...	1 beds \| 1 baths \| 1,139 sq.ft.	$295,000	Airbnb cash on cash: -0.81% Traditional cash on cash: 2.37% Airbnb Rental Income: $1144 Traditional Rental Income: $1647 Airbnb ROI: -0.81% Traditional ROI: 2.37%
1325 N Van Buren St #306 Milwaukee , WI Back in the late 1800s, when John Luick became the 1st person to sell portable ''bricks'' ...	1 beds \| 1 baths \| 835 sq.ft.	$289,500	Airbnb cash on cash: -0.31% Traditional cash on cash: 1.66% Airbnb Rental Income: $1105 Traditional Rental Income: $1271 Airbnb ROI: -0.31% Traditional ROI: 1.66%
1313 N Franklin Pl #1002 Milwaukee , WI Embrace elevated downtown living at the prestigious Breakwater. This 10th-floor 1BR, 1.5BA...	1 beds \| 2 baths \| 1,119 sq.ft.	$449,900	Airbnb cash on cash: -1.57% Traditional cash on cash: 1.25% Airbnb Rental Income: $1105 Traditional Rental Income: $1920 Airbnb ROI: -1.57% Traditional ROI: 1.25%
N16005 ISLAND LAKE RD Park Falls , WI Privacy at its best featuring a Completely Furnished 4+BR, 3BA home meticulously maintaine...	4 beds \| 3 baths \| N/A	$629,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.88% Airbnb Rental Income: $null Traditional Rental Income: $3355 Airbnb ROI: N/A Traditional ROI: 3.88%
9811 DEER TRAIL ROAD #3 Tomahawk , WI Beautiful low maintenance condominium on Lake Nokomis! This unit features 3 bedrooms, 3 fu...	3 beds \| 3 baths \| 2,490 sq.ft.	$465,000	Airbnb cash on cash: -0.53% Traditional cash on cash: 6.19% Airbnb Rental Income: $882 Traditional Rental Income: $3470 Airbnb ROI: -0.53% Traditional ROI: 6.19%

Real Estate investment in Algoma, WI

There are 4 properties for sale in the city of Algoma . The median list price in Algoma is $325,450 and the average price per square foot is $198. In November 2025, the average monthly cash on cash return in Algoma is 1.00%. The average monthly rental income in Algoma is $919.

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

There are 4 investment properties available for sale in Algoma.

In 2025, 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

285 Division St

Algoma, WI

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%

602 Flora Ave

Algoma, WI

3 beds | 2 baths | 2,243 sq.ft.

$185,000

Airbnb cash on cash: 4.41%

Traditional cash on cash: 10.84%

Airbnb Rental Income: $1735

Traditional Rental Income: $2387

Airbnb ROI: 4.41%

Traditional ROI: 10.84%

N5978 W ALASKA LAKE Road

Algoma, WI

2 beds | 2 baths | 1,546 sq.ft.

$499,000

Airbnb cash on cash: -0.91%

Traditional cash on cash: 3.3%

Airbnb Rental Income: $855

Traditional Rental Income: $2491

Airbnb ROI: -0.91%

Traditional ROI: 3.3%

525 KIRKLAND Avenue

Algoma, WI

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%

Investment Properties for Sale in Other Cities of Wisconsin

Kenosha , WI

2 beds | 2 baths | 1,082 sq.ft.

$204,900

Airbnb cash on cash: N/A

Traditional cash on cash: 6.02%

Airbnb Rental Income: $null

Traditional Rental Income: $1679

Airbnb ROI: N/A

Traditional ROI: 6.02%

Thiensville , WI

3 beds | 2 baths | 1,156 sq.ft.

$219,900

Airbnb cash on cash: 4.39%

Traditional cash on cash: 7.17%

Airbnb Rental Income: $1912

Traditional Rental Income: $1983

Airbnb ROI: 4.39%

Traditional ROI: 7.17%

Milwaukee , WI

3 beds | 2 baths | 1,566 sq.ft.

$300,000

Airbnb cash on cash: -0.68%

Traditional cash on cash: 4.78%

Airbnb Rental Income: $1020

Traditional Rental Income: $2202

Airbnb ROI: -0.68%

Traditional ROI: 4.78%

Milwaukee , WI

2 beds | 2 baths | 1,428 sq.ft.

$219,000

Airbnb cash on cash: -0.31%

Traditional cash on cash: 6.02%

Airbnb Rental Income: $1051

Traditional Rental Income: $1999

Airbnb ROI: -0.31%

Traditional ROI: 6.02%

Milwaukee , WI

2 beds | 2 baths | 1,200 sq.ft.