Real Estate Investment Properties for Sale in Lakewood, WI

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

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

separator

PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
16975 Rolling Hills Ln Lakewood, WI	2 beds \| 2 baths \| 1,296 sq.ft.	$274,900	Airbnb cash on cash: -0.86% Traditional cash on cash: 5.08% Airbnb Rental Income: $542 Traditional Rental Income: $1801 Airbnb ROI: -0.86% Traditional ROI: 5.08%
14684 Buckshot Rd Lakewood, WI Tucked away among heavily wooded lot, this inviting home offers the perfect blend of priva...	3 beds \| 2 baths \| 1,920 sq.ft.	$374,900	Airbnb cash on cash: -0.48% Traditional cash on cash: 6.3% Airbnb Rental Income: $797 Traditional Rental Income: $2859 Airbnb ROI: -0.48% Traditional ROI: 6.3%
17135 COUNTRY CLUB Road Lakewood, WI Nestled in the heart of Lakewood, this beautifully updated home offers charm, comfort, and...	3 beds \| 3 baths \| 1,811 sq.ft.	$369,900	Airbnb cash on cash: -0.49% Traditional cash on cash: 6.04% Airbnb Rental Income: $797 Traditional Rental Income: $2742 Airbnb ROI: -0.49% Traditional ROI: 6.04%
18493 County Road F Lakewood, WI Unique property with key location including Waubee Lake access w/dock. Also direct access ...	3 beds \| 2 baths \| 2,274 sq.ft.	$399,900	Airbnb cash on cash: -0.82% Traditional cash on cash: 5.41% Airbnb Rental Income: $797 Traditional Rental Income: $2813 Airbnb ROI: -0.82% Traditional ROI: 5.41%
17801 E WHEELER LAKE Lane Lakewood, WI Charming 2BR/3BA year-round lakefront home on full rec Wheeler Lake in Lakewood. Enjoy stu...	2 beds \| 3 baths \| 1,344 sq.ft.	$599,000	Airbnb cash on cash: -1.26% Traditional cash on cash: 2.75% Airbnb Rental Income: $542 Traditional Rental Income: $2504 Airbnb ROI: -1.26% Traditional ROI: 2.75%
17799 E WHEELER LAKE Lane Lakewood, WI This listing provides an opportunity to own two homes on Wheeler Lake. The main home has t...	3 beds \| 2 baths \| 1,800 sq.ft.	$1,500,000	Airbnb cash on cash: -1.4% Traditional cash on cash: 0.28% Airbnb Rental Income: $797 Traditional Rental Income: $2823 Airbnb ROI: -1.4% Traditional ROI: 0.28%
17416 W Wheeler Lake Ln Lakewood, WI A unique chance to acquire 165' of frontage and more than 1 acre on coveted Wheeler Lake! ...	3 beds \| 2 baths \| 1,904 sq.ft.	$890,000	Airbnb cash on cash: -1.09% Traditional cash on cash: 2.06% Airbnb Rental Income: $797 Traditional Rental Income: $3090 Airbnb ROI: -1.09% Traditional ROI: 2.06%
17440 Bear Lake Ln Lakewood, WI Welcome to your cozy home away from home! Nestled in the heart of the north woods, this 3B...	3 beds \| 2 baths \| 1,050 sq.ft.	$159,900	Airbnb cash on cash: 1.06% Traditional cash on cash: 11.11% Airbnb Rental Income: $797 Traditional Rental Income: $2011 Airbnb ROI: 1.06% Traditional ROI: 11.11%
Muirfield Ct Lakewood, WI Muirfield Ct, Lakewood, WI 54138 \| Other	N/A beds \| N/A baths \| N/A	$56,000	Airbnb cash on cash: N/A Traditional cash on cash: 9.15% Airbnb Rental Income: $null Traditional Rental Income: $765 Airbnb ROI: N/A Traditional ROI: 9.15%
Straight Dr Lakewood, WI Straight Dr, Lakewood, WI 54138 \| Other	N/A beds \| N/A baths \| N/A	$52,000	Airbnb cash on cash: N/A Traditional cash on cash: 9.99% Airbnb Rental Income: $null Traditional Rental Income: $765 Airbnb ROI: N/A Traditional ROI: 9.99%
Angel Crest Ln Lakewood, WI Angel Crest Ln, Lakewood, WI 54138 \| Other	N/A beds \| N/A baths \| N/A	$86,900	Airbnb cash on cash: N/A Traditional cash on cash: 5.11% Airbnb Rental Income: $null Traditional Rental Income: $765 Airbnb ROI: N/A Traditional ROI: 5.11%
ON Angel Crest Ln Lakewood, WI ON Angel Crest Ln, Lakewood, WI 54138 \| Other	N/A beds \| N/A baths \| N/A	$86,900	Airbnb cash on cash: N/A Traditional cash on cash: 5.11% Airbnb Rental Income: $null Traditional Rental Income: $765 Airbnb ROI: N/A Traditional ROI: 5.11%
17410 W Wheeler Lake Ln Lakewood, WI 17410 W Wheeler Lake Ln, Lakewood, WI 54138 \| Single Family Residential	3 beds \| 3 baths \| 3,256 sq.ft.	$919,000	Airbnb cash on cash: -2.39% Traditional cash on cash: 0.09% Airbnb Rental Income: $797 Traditional Rental Income: $2596 Airbnb ROI: -2.39% Traditional ROI: 0.09%
17890 W WHEELER Lane Lakewood, WI This charming home on Wheeler Lake offers an ideal, year-round escape with a level lot rig...	3 beds \| 2 baths \| 1,438 sq.ft.	$789,000	Airbnb cash on cash: -1.17% Traditional cash on cash: 1.57% Airbnb Rental Income: $797 Traditional Rental Income: $2493 Airbnb ROI: -1.17% Traditional ROI: 1.57%
15104 State Highway 32 Lakewood, WI Exceptional opportunity in Lakewood WI. Never on market. Property extends beyond home, gar...	1 beds \| 1 baths \| 1,200 sq.ft.	$479,900	Airbnb cash on cash: N/A Traditional cash on cash: 1.87% Airbnb Rental Income: $null Traditional Rental Income: $1574 Airbnb ROI: N/A Traditional ROI: 1.87%
17554 Bear Lake Ln Lakewood, WI Nestled on 18 beautifully wooded acres in Lakewood, this newly built, year-round property ...	1 beds \| 1 baths \| 720 sq.ft.	$325,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.56% Airbnb Rental Income: $null Traditional Rental Income: $1587 Airbnb ROI: N/A Traditional ROI: 3.56%
17294 S Thielke Rd Lakewood, WI Nestled on nearly 3 acres just outside the Town of Lakewood, this unique property offers t...	2 beds \| 1 baths \| 768 sq.ft.	$339,900	Airbnb cash on cash: -1% Traditional cash on cash: 2.55% Airbnb Rental Income: $542 Traditional Rental Income: $1398 Airbnb ROI: -1% Traditional ROI: 2.55%
17350 Lake John Rd Lakewood, WI This home sits on nearly 30 acres with two recreational lakes right on the same road. A go...	2 beds \| 2 baths \| 2,272 sq.ft.	$654,900	Airbnb cash on cash: -1.51% Traditional cash on cash: 2% Airbnb Rental Income: $542 Traditional Rental Income: $2406 Airbnb ROI: -1.51% Traditional ROI: 2%
15379 GIESE Lane Lakewood, WI Lakewood, Oconto County - Year-round home built in 2004 featuring an open-concept living a...	2 beds \| 3 baths \| 1,758 sq.ft.	$325,000	Airbnb cash on cash: -1.09% Traditional cash on cash: 7.18% Airbnb Rental Income: $542 Traditional Rental Income: $2791 Airbnb ROI: -1.09% Traditional ROI: 7.18%
19D Crestview Dr Lakewood, WI 19D Crestview Dr, Lakewood, WI 54149 \| Other	N/A beds \| N/A baths \| N/A	$78,500	Airbnb cash on cash: N/A Traditional cash on cash: 5.91% Airbnb Rental Income: $null Traditional Rental Income: $765 Airbnb ROI: N/A Traditional ROI: 5.91%
19C Crestview Dr Lakewood, WI 19C Crestview Dr, Lakewood, WI 54149 \| Other	N/A beds \| N/A baths \| N/A	$82,500	Airbnb cash on cash: N/A Traditional cash on cash: 5.51% Airbnb Rental Income: $null Traditional Rental Income: $765 Airbnb ROI: N/A Traditional ROI: 5.51%
17197 Patti Ln Lakewood, WI 17197 Patti Ln, Lakewood, WI 54175 \| Other	N/A beds \| N/A baths \| N/A	$200,000	Airbnb cash on cash: N/A Traditional cash on cash: 0.72% Airbnb Rental Income: $null Traditional Rental Income: $765 Airbnb ROI: N/A Traditional ROI: 0.72%

Real Estate investment in Lakewood, WI

There are 22 properties for sale in the city of Lakewood . The median list price in Lakewood is $575,000 and the average price per square foot is $255. In May 2026, the average monthly cash on cash return in Lakewood is 5.00%. The average monthly rental income in Lakewood is $1,587.

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

There are 22 investment properties available for sale in Lakewood.

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

The ROI for Long-Term is higher than the Short-Term in Lakewood with average rental income of $1,587.

Your search for investment property begins and ends here

Investment Property for Sale in Lakewood, WI

16975 Rolling Hills Ln

Lakewood, WI

2 beds | 2 baths | 1,296 sq.ft.

$274,900

Airbnb cash on cash: -0.86%

Traditional cash on cash: 5.08%

Airbnb Rental Income: $542

Traditional Rental Income: $1801

Airbnb ROI: -0.86%

Traditional ROI: 5.08%

14684 Buckshot Rd

Lakewood, WI

3 beds | 2 baths | 1,920 sq.ft.

$374,900

Airbnb cash on cash: -0.48%

Traditional cash on cash: 6.3%

Airbnb Rental Income: $797

Traditional Rental Income: $2859

Airbnb ROI: -0.48%

Traditional ROI: 6.3%

17135 COUNTRY CLUB Road

Lakewood, WI

3 beds | 3 baths | 1,811 sq.ft.

$369,900

Airbnb cash on cash: -0.49%

Traditional cash on cash: 6.04%

Airbnb Rental Income: $797

Traditional Rental Income: $2742

Airbnb ROI: -0.49%

Traditional ROI: 6.04%

18493 County Road F

Lakewood, WI

3 beds | 2 baths | 2,274 sq.ft.

$399,900

Airbnb cash on cash: -0.82%

Traditional cash on cash: 5.41%

Airbnb Rental Income: $797

Traditional Rental Income: $2813

Airbnb ROI: -0.82%

Traditional ROI: 5.41%

17801 E WHEELER LAKE Lane

Lakewood, WI

2 beds | 3 baths | 1,344 sq.ft.

$599,000

Airbnb cash on cash: -1.26%

Traditional cash on cash: 2.75%

Airbnb Rental Income: $542

Traditional Rental Income: $2504

Airbnb ROI: -1.26%

Traditional ROI: 2.75%

17799 E WHEELER LAKE Lane

Lakewood, WI

3 beds | 2 baths | 1,800 sq.ft.

$1,500,000

Airbnb cash on cash: -1.4%

Traditional cash on cash: 0.28%

Airbnb Rental Income: $797

Traditional Rental Income: $2823

Airbnb ROI: -1.4%

Traditional ROI: 0.28%

17416 W Wheeler Lake Ln

Lakewood, WI

3 beds | 2 baths | 1,904 sq.ft.

$890,000

Airbnb cash on cash: -1.09%

Traditional cash on cash: 2.06%

Airbnb Rental Income: $797

Traditional Rental Income: $3090

Airbnb ROI: -1.09%

Traditional ROI: 2.06%

17440 Bear Lake Ln

Lakewood, WI

3 beds | 2 baths | 1,050 sq.ft.

$159,900

Airbnb cash on cash: 1.06%

Traditional cash on cash: 11.11%

Airbnb Rental Income: $797

Traditional Rental Income: $2011

Airbnb ROI: 1.06%