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.	$269,900	Airbnb cash on cash: 0.49% Traditional cash on cash: 5.08% Airbnb Rental Income: $962 Traditional Rental Income: $1801 Airbnb ROI: 0.49% Traditional ROI: 5.08%
17195 Evergreen Ln Lakewood, WI Home-y 2 bedroom conveniently located in the heart of town on a large lot with municipal s...	2 beds \| 1 baths \| 780 sq.ft.	$229,000	Airbnb cash on cash: 1.88% Traditional cash on cash: 3.91% Airbnb Rental Income: $1152 Traditional Rental Income: $1210 Airbnb ROI: 1.88% Traditional ROI: 3.91%
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.	$775,000	Airbnb cash on cash: -0.91% Traditional cash on cash: 2.52% Airbnb Rental Income: $962 Traditional Rental Income: $3090 Airbnb ROI: -0.91% Traditional ROI: 2.52%
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.	$147,500	Airbnb cash on cash: 2.05% Traditional cash on cash: 11.49% Airbnb Rental Income: $962 Traditional Rental Income: $2011 Airbnb ROI: 2.05% 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%
17410 W Wheeler Lake Ln Lakewood, WI Escape to the Northwoods with this inviting half-log home on sought-after Wheeler Lake! En...	3 beds \| 3 baths \| 3,256 sq.ft.	$849,900	Airbnb cash on cash: -1.05% Traditional cash on cash: 1.46% Airbnb Rental Income: $962 Traditional Rental Income: $2596 Airbnb ROI: -1.05% Traditional ROI: 1.46%
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.	$439,000	Airbnb cash on cash: N/A Traditional cash on cash: 2.14% Airbnb Rental Income: $null Traditional Rental Income: $1574 Airbnb ROI: N/A Traditional ROI: 2.14%
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: 0.59% Traditional cash on cash: 2.55% Airbnb Rental Income: $1152 Traditional Rental Income: $1398 Airbnb ROI: 0.59% 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: -0.68% Traditional cash on cash: 2% Airbnb Rental Income: $1152 Traditional Rental Income: $2406 Airbnb ROI: -0.68% 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: -0.29% Traditional cash on cash: 4.91% Airbnb Rental Income: $962 Traditional Rental Income: $2538 Airbnb ROI: -0.29% Traditional ROI: 4.91%
14751 Hatchery Ln 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: 1.29% Traditional cash on cash: 4.5% Airbnb Rental Income: $1152 Traditional Rental Income: $1486 Airbnb ROI: 1.29% Traditional ROI: 4.5%
14425 Cottontail Ln 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: 0.06% Traditional cash on cash: 1.51% Airbnb Rental Income: $1152 Traditional Rental Income: $1536 Airbnb ROI: 0.06% 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.	$219,900	Airbnb cash on cash: 0.44% Traditional cash on cash: 3.7% Airbnb Rental Income: $1152 Traditional Rental Income: $1451 Airbnb ROI: 0.44% Traditional ROI: 3.7%
15740 E Chain Lake Rd Lakewood, WI Hop, skip (rocks?) and a jump from popular Chain Lake access, you'll find this well-mainta...	2 beds \| 2 baths \| 784 sq.ft.	$169,900	Airbnb cash on cash: 2.78% Traditional cash on cash: 7.87% Airbnb Rental Income: $1152 Traditional Rental Income: $1595 Airbnb ROI: 2.78% Traditional ROI: 7.87%
17091 COUNTRY CLUB Road Lakewood, WI Located just moments from McCauslin Brook Golf Course, this beautifully maintained propert...	3 beds \| 2 baths \| 1,934 sq.ft.	$344,000	Airbnb cash on cash: -0.14% Traditional cash on cash: 5.99% Airbnb Rental Income: $962 Traditional Rental Income: $2594 Airbnb ROI: -0.14% Traditional ROI: 5.99%
17145 Skyview Ct Lakewood, WI 17145 Skyview Ct, Lakewood, WI 54138 \| Single Family Residential	2 beds \| 2 baths \| 1,024 sq.ft.	$292,500	Airbnb cash on cash: -0.37% Traditional cash on cash: 3.99% Airbnb Rental Income: $1152 Traditional Rental Income: $1970 Airbnb ROI: -0.37% Traditional ROI: 3.99%
15844 Mccaslin Crossing Ln Lakewood, WI 15844 Mccaslin Crossing Ln, Lakewood, WI 54138 \| Other	N/A beds \| N/A baths \| N/A	$75,900	Airbnb cash on cash: N/A Traditional cash on cash: 7.68% Airbnb Rental Income: $null Traditional Rental Income: $876 Airbnb ROI: N/A Traditional ROI: 7.68%
14713 Schottky Ln Lakewood, WI 14713 Schottky Ln, Lakewood, WI 54138 \| Single Family Residential	2 beds \| 1 baths \| 1,260 sq.ft.	$599,900	Airbnb cash on cash: -1.63% Traditional cash on cash: -0.88% Airbnb Rental Income: $1152 Traditional Rental Income: $1189 Airbnb ROI: -1.63% Traditional ROI: -0.88%
17725 Munger Lake Ln Lakewood, WI 17725 Munger Lake Ln, Lakewood, WI 54138 \| Single Family Residential	2 beds \| 1 baths \| 1,008 sq.ft.	$525,000	Airbnb cash on cash: -1.45% Traditional cash on cash: -0.6% Airbnb Rental Income: $1152 Traditional Rental Income: $1189 Airbnb ROI: -1.45% Traditional ROI: -0.6%
17071 Reagan Ln Lakewood, WI 17071 Reagan Ln, Lakewood, WI 54138 \| Single Family Residential	3 beds \| 2 baths \| 1,380 sq.ft.	$479,900	Airbnb cash on cash: -1.68% Traditional cash on cash: 1.49% Airbnb Rental Income: $962 Traditional Rental Income: $2034 Airbnb ROI: -1.68% Traditional ROI: 1.49%
17159 Evergreen Ln Lakewood, WI 17159 Evergreen Ln, Lakewood, WI 54138 \| Single Family Residential	2 beds \| 1 baths \| 1,056 sq.ft.	$259,000	Airbnb cash on cash: -0.05% Traditional cash on cash: 2.12% Airbnb Rental Income: $1152 Traditional Rental Income: $1302 Airbnb ROI: -0.05% Traditional ROI: 2.12%
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: 1.94% Traditional cash on cash: 7.74% Airbnb Rental Income: $1152 Traditional Rental Income: $1927 Airbnb ROI: 1.94% Traditional ROI: 7.74%
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%

Real Estate investment in Lakewood, WI

There are 27 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 $124. In August 2026, the average monthly cash on cash return in Lakewood is 4.00%. The average monthly rental income in Lakewood is $1,469.

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

There are 27 investment properties available for sale in Lakewood.

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

The ROI for Short-Term is higher than the Long-Term in Lakewood with average rental income of $1,152.

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.

$269,900

Airbnb cash on cash: 0.49%

Traditional cash on cash: 5.08%

Airbnb Rental Income: $962

Traditional Rental Income: $1801

Airbnb ROI: 0.49%

Traditional ROI: 5.08%

17195 Evergreen Ln

Lakewood, WI

2 beds | 1 baths | 780 sq.ft.

$229,000

Airbnb cash on cash: 1.88%

Traditional cash on cash: 3.91%

Airbnb Rental Income: $1152

Traditional Rental Income: $1210

Airbnb ROI: 1.88%

Traditional ROI: 3.91%

17416 W Wheeler Lake Ln

Lakewood, WI

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

$775,000

Airbnb cash on cash: -0.91%

Traditional cash on cash: 2.52%

Airbnb Rental Income: $962

Traditional Rental Income: $3090

Airbnb ROI: -0.91%

Traditional ROI: 2.52%

17440 Bear Lake Ln

Lakewood, WI

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

$147,500

Airbnb cash on cash: 2.05%

Traditional cash on cash: 11.49%

Airbnb Rental Income: $962

Traditional Rental Income: $2011

Airbnb ROI: 2.05%

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%

17410 W Wheeler Lake Ln

Lakewood, WI

3 beds | 3 baths | 3,256 sq.ft.

$849,900

Airbnb cash on cash: -1.05%

Traditional cash on cash: 1.46%

Airbnb Rental Income: $962

Traditional Rental Income: $2596

Airbnb ROI: -1.05%

Traditional ROI: 1.46%

15104 State Highway 32

Lakewood, WI

1 beds | 1 baths | 2,000 sq.ft.

$439,000

Airbnb cash on cash: N/A

Traditional cash on cash: 2.14%

Airbnb Rental Income: $null

Traditional Rental Income: $1574

Airbnb ROI: N/A