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

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
16975 Rolling Hills Ln Lakewood, WI	3 beds \| 2 baths \| 1,296 sq.ft.	$274,900	Airbnb cash on cash: -0.1% Traditional cash on cash: 5.08% Airbnb Rental Income: $779 Traditional Rental Income: $1801 Airbnb ROI: -0.1% Traditional ROI: 5.08%
14684 BUCKSHOT Road 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: -0.52% Traditional cash on cash: 6.3% Airbnb Rental Income: $779 Traditional Rental Income: $2859 Airbnb ROI: -0.52% Traditional ROI: 6.3%
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: -1.41% Traditional cash on cash: 0.28% Airbnb Rental Income: $779 Traditional Rental Income: $2823 Airbnb ROI: -1.41% 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.	$825,000	Airbnb cash on cash: -1.12% Traditional cash on cash: 2.3% Airbnb Rental Income: $779 Traditional Rental Income: $3090 Airbnb ROI: -1.12% Traditional ROI: 2.3%
17440 BEAR LAKE Lane 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.	$154,900	Airbnb cash on cash: 1.02% Traditional cash on cash: 11.49% Airbnb Rental Income: $779 Traditional Rental Income: $2011 Airbnb ROI: 1.02% Traditional ROI: 11.49%
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.	$849,900	Airbnb cash on cash: -2.37% Traditional cash on cash: 0.32% Airbnb Rental Income: $779 Traditional Rental Income: $2596 Airbnb ROI: -2.37% Traditional ROI: 0.32%
15104 State Highway 32 - Lakewood, WI Exceptional opportunity in Lakewood WI. Never on market. Property extends beyond home, gar...	1 beds \| 1 baths \| 2,000 sq.ft.	$459,000	Airbnb cash on cash: N/A Traditional cash on cash: 2% Airbnb Rental Income: $null Traditional Rental Income: $1574 Airbnb ROI: N/A Traditional ROI: 2%
17294 S THIELKE Road 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: -0.48% Traditional cash on cash: 2.55% Airbnb Rental Income: $743 Traditional Rental Income: $1398 Airbnb ROI: -0.48% Traditional ROI: 2.55%
17350 LAKE JOHN Road 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: -1.24% Traditional cash on cash: 2% Airbnb Rental Income: $743 Traditional Rental Income: $2406 Airbnb ROI: -1.24% Traditional ROI: 2%
15444 STATE HWY 32 Lakewood, WI Beautiful cabin in the heart of Lakewood. This 3-bedroom, 2-bathroom home sits on over an ...	3 beds \| 2 baths \| 1,905 sq.ft.	$395,000	Airbnb cash on cash: -0.7% Traditional cash on cash: 4.91% Airbnb Rental Income: $779 Traditional Rental Income: $2538 Airbnb ROI: -0.7% Traditional ROI: 4.91%
14751 HATCHERY Lane Lakewood, WI Escape to the Northwoods! Located in Lakewood near Munger Lake and John Lake, this charmin...	2 beds \| 1 baths \| 768 sq.ft.	$235,000	Airbnb cash on cash: -0.25% Traditional cash on cash: 4.5% Airbnb Rental Income: $743 Traditional Rental Income: $1486 Airbnb ROI: -0.25% Traditional ROI: 4.5%
14962 COUNTY ROAD F Lakewood, WI Extremely well-maintained year-round home on a beautiful, lush setting. The home has front...	2 beds \| 2 baths \| 938 sq.ft.	$210,000	Airbnb cash on cash: 0.22% Traditional cash on cash: 7.74% Airbnb Rental Income: $743 Traditional Rental Income: $1927 Airbnb ROI: 0.22% Traditional ROI: 7.74%
14425 COTTONTAIL Lane Lakewood, WI Charming Northwoods retreat on desirable full-rec Wheeler Lake! This furnished 2-bedroom, ...	2 beds \| 1 baths \| 637 sq.ft.	$565,000	Airbnb cash on cash: -0.59% Traditional cash on cash: 1.51% Airbnb Rental Income: $743 Traditional Rental Income: $1536 Airbnb ROI: -0.59% Traditional ROI: 1.51%
15731 Pelky Rd Lakewood, WI 15731 Pelky Rd, Lakewood, WI 54138 \| Single Family Residential	2 beds \| 1 baths \| 1,520 sq.ft.	$224,900	Airbnb cash on cash: -1.24% Traditional cash on cash: 3.56% Airbnb Rental Income: $743 Traditional Rental Income: $1451 Airbnb ROI: -1.24% Traditional ROI: 3.56%
15740 E Chain Lake Rd Lakewood, WI 15740 E Chain Lake Rd, Lakewood, WI 54138 \| Single Family Residential	2 beds \| 2 baths \| 784 sq.ft.	$169,900	Airbnb cash on cash: -0.73% Traditional cash on cash: 6.46% Airbnb Rental Income: $743 Traditional Rental Income: $1595 Airbnb ROI: -0.73% Traditional ROI: 6.46%
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: -0.96% Traditional cash on cash: 2.75% Airbnb Rental Income: $743 Traditional Rental Income: $2504 Airbnb ROI: -0.96% Traditional ROI: 2.75%
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 23 properties for sale in the city of Lakewood . The median list price in Lakewood is $275,000 and the average price per square foot is $122. In June 2026, the average monthly cash on cash return in Lakewood is 5.00%. The average monthly rental income in Lakewood is $1,511.

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

There are 23 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 $1,511.

Your search for investment property begins and ends here

Investment Property for Sale in Lakewood, WI

16975 Rolling Hills Ln

Lakewood, WI

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

$274,900

Airbnb cash on cash: -0.1%

Traditional cash on cash: 5.08%

Airbnb Rental Income: $779

Traditional Rental Income: $1801

Airbnb ROI: -0.1%

Traditional ROI: 5.08%

14684 BUCKSHOT Road

Lakewood, WI

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

$374,900

Airbnb cash on cash: -0.52%

Traditional cash on cash: 6.3%

Airbnb Rental Income: $779

Traditional Rental Income: $2859

Airbnb ROI: -0.52%

Traditional ROI: 6.3%

17799 E WHEELER LAKE Lane

Lakewood, WI

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

$1,500,000

Airbnb cash on cash: -1.41%

Traditional cash on cash: 0.28%

Airbnb Rental Income: $779

Traditional Rental Income: $2823

Airbnb ROI: -1.41%

Traditional ROI: 0.28%

17416 W Wheeler Lake Ln

Lakewood, WI

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

$825,000

Airbnb cash on cash: -1.12%

Traditional cash on cash: 2.3%

Airbnb Rental Income: $779

Traditional Rental Income: $3090

Airbnb ROI: -1.12%

Traditional ROI: 2.3%

17440 BEAR LAKE Lane

Lakewood, WI

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

$154,900

Airbnb cash on cash: 1.02%

Traditional cash on cash: 11.49%

Airbnb Rental Income: $779

Traditional Rental Income: $2011

Airbnb ROI: 1.02%

Traditional ROI: 11.49%

Muirfield Ct

Lakewood, WI

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

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

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