Real Estate Investment Properties for Sale in Merrill, WI

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

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

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
W10905 Otto Rd Merrill, WI Escape the big city and retreat to 80 acres in the heart of Wisconsin's Northwoods, where ...	4 beds \| 1 baths \| 2,818 sq.ft.	$750,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.13% Airbnb Rental Income: $null Traditional Rental Income: $3260 Airbnb ROI: N/A Traditional ROI: 3.13%
N881 RED TAIL LANE Merrill, WI Set on 0.75 acres, this elevated property captures sweeping water views of the Wisconsin R...	4 beds \| 3 baths \| 3,494 sq.ft.	$472,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.08% Airbnb Rental Income: $null Traditional Rental Income: $3145 Airbnb ROI: N/A Traditional ROI: 4.08%
508 EAST STREET Merrill, WI New to the market, this charming 3 bedroom, 2 bathroom home is ideally situated on Merrill...	3 beds \| 2 baths \| 1,279 sq.ft.	$154,900	Airbnb cash on cash: N/A Traditional cash on cash: 10.48% Airbnb Rental Income: $null Traditional Rental Income: $2042 Airbnb ROI: N/A Traditional ROI: 10.48%
2710 CRESCENT Drive Merrill, WI Welcome to 2710 Crescent Dr-an updated bi-level tucked on a quiet cul-de-sac on Merrill's ...	3 beds \| 2 baths \| 1,758 sq.ft.	$246,900	Airbnb cash on cash: N/A Traditional cash on cash: 6.68% Airbnb Rental Income: $null Traditional Rental Income: $2249 Airbnb ROI: N/A Traditional ROI: 6.68%
1322 W MAIN STREET Merrill, WI Updated multi-family home located in Merrill. Other than one of the units, they have upda...	8 beds \| 4 baths \| N/A	$329,900	Airbnb cash on cash: N/A Traditional cash on cash: 8.61% Airbnb Rental Income: $null Traditional Rental Income: $3386 Airbnb ROI: N/A Traditional ROI: 8.61%
108 W 3rd St Merrill, WI Attention investors! This income-producing duplex offers long-term tenants and a convenien...	3 beds \| 2 baths \| N/A	$154,900	Airbnb cash on cash: N/A Traditional cash on cash: 8.95% Airbnb Rental Income: $null Traditional Rental Income: $1722 Airbnb ROI: N/A Traditional ROI: 8.95%
N2304 Doering Dr Merrill, WI Full log home nestled in a quiet, wooded country setting just minutes from town. The newly...	2 beds \| 2 baths \| 1,829 sq.ft.	$305,000	Airbnb cash on cash: N/A Traditional cash on cash: 6.04% Airbnb Rental Income: $null Traditional Rental Income: $2314 Airbnb ROI: N/A Traditional ROI: 6.04%
1403 Water St Merrill, WI Spacious 2 story home on the west side of Merrill offering a great mix of original charact...	4 beds \| 3 baths \| 2,074 sq.ft.	$249,900	Airbnb cash on cash: N/A Traditional cash on cash: 8.72% Airbnb Rental Income: $null Traditional Rental Income: $2790 Airbnb ROI: N/A Traditional ROI: 8.72%
501 E 9th St Merrill, WI Nicely updated inside and outside duplex located in Merrill. Both units have 3 bedrooms a...	5 beds \| 2 baths \| N/A	$249,900	Airbnb cash on cash: N/A Traditional cash on cash: 8.83% Airbnb Rental Income: $null Traditional Rental Income: $2588 Airbnb ROI: N/A Traditional ROI: 8.83%
205 N Thomas St Merrill, WI Good size 2 story home on Merrillâs Westside. Home has over 1600 sq feet finished with ...	2 beds \| 1 baths \| 1,623 sq.ft.	$104,900	Airbnb cash on cash: N/A Traditional cash on cash: 11.88% Airbnb Rental Income: $null Traditional Rental Income: $1563 Airbnb ROI: N/A Traditional ROI: 11.88%
15380 Brandenburg Ave Merrill, WI Nice size lot between Wausau and Merrill. Home has 4 bedrooms with over 1500 square feet ...	4 beds \| 1 baths \| 1,546 sq.ft.	$139,900	Airbnb cash on cash: N/A Traditional cash on cash: 9.91% Airbnb Rental Income: $null Traditional Rental Income: $1761 Airbnb ROI: N/A Traditional ROI: 9.91%
Lot 1 Naugart Dr Merrill, WI Lot 1 Naugart Dr, Merrill, WI 54452 \| Other	N/A beds \| N/A baths \| N/A	$139,900	Airbnb cash on cash: N/A Traditional cash on cash: 0.18% Airbnb Rental Income: $null Traditional Rental Income: $494 Airbnb ROI: N/A Traditional ROI: 0.18%
Lot 2 Naugart Dr Merrill, WI Lot 2 Naugart Dr, Merrill, WI 54452 \| Other	N/A beds \| N/A baths \| N/A	$152,900	Airbnb cash on cash: N/A Traditional cash on cash: -0.07% Airbnb Rental Income: $null Traditional Rental Income: $494 Airbnb ROI: N/A Traditional ROI: -0.07%
Lot 3 N 5th Ave Merrill, WI Lot 3 N 5th Ave, Merrill, WI 54452 \| Other	N/A beds \| N/A baths \| N/A	$139,900	Airbnb cash on cash: N/A Traditional cash on cash: 0.18% Airbnb Rental Income: $null Traditional Rental Income: $494 Airbnb ROI: N/A Traditional ROI: 0.18%
501 9th St St E #1-2 Merrill, WI 501 9th St St E #1-2, Merrill, WI 54452 \| Multi Family	5 beds \| 2 baths \| 1,456 sq.ft.	$249,900	Airbnb cash on cash: N/A Traditional cash on cash: 4.1% Airbnb Rental Income: $null Traditional Rental Income: $1726 Airbnb ROI: N/A Traditional ROI: 4.1%
48.6 Acres County Road Jj Merrill, WI 48.6 County Road Jj, Merrill, WI 54452 \| Other	N/A beds \| N/A baths \| N/A	$240,000	Airbnb cash on cash: N/A Traditional cash on cash: -1.05% Airbnb Rental Income: $null Traditional Rental Income: $496 Airbnb ROI: N/A Traditional ROI: -1.05%
Lot 1 Sunshine Rd Merrill, WI Lot 1 Sunshine Rd, Merrill, WI 54452 \| Other	N/A beds \| N/A baths \| N/A	$150,000	Airbnb cash on cash: N/A Traditional cash on cash: -0.01% Airbnb Rental Income: $null Traditional Rental Income: $494 Airbnb ROI: N/A Traditional ROI: -0.01%
0 Grand Ave Merrill, WI 0 Grand Ave, Merrill, WI 54452 \| Other	N/A beds \| N/A baths \| N/A	$50,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.13% Airbnb Rental Income: $null Traditional Rental Income: $494 Airbnb ROI: N/A Traditional ROI: 5.13%
8 ac Pope Rd Merrill, WI 8 ac Pope Rd, Merrill, WI 54452 \| Other	N/A beds \| N/A baths \| N/A	$160,580	Airbnb cash on cash: N/A Traditional cash on cash: -0.19% Airbnb Rental Income: $null Traditional Rental Income: $496 Airbnb ROI: N/A Traditional ROI: -0.19%
305 S KYES STREET #A & B Merrill, WI Brand new Deluxe Duplex being constructed with finish date expected by end of May 2026. Th...	4 beds \| 2 baths \| N/A	$314,900	Airbnb cash on cash: N/A Traditional cash on cash: 1.58% Airbnb Rental Income: $null Traditional Rental Income: $1435 Airbnb ROI: N/A Traditional ROI: 1.58%
309 S KYES STREET #A & B Merrill, WI Brand new Deluxe Duplex being constructed with finish date expected by end of May 2026. Th...	4 beds \| 2 baths \| N/A	$314,900	Airbnb cash on cash: N/A Traditional cash on cash: 1.58% Airbnb Rental Income: $null Traditional Rental Income: $1435 Airbnb ROI: N/A Traditional ROI: 1.58%
ON Hwy 64 Merrill, WI ON Hwy 64, Merrill, WI 54452 \| Other	N/A beds \| N/A baths \| N/A	$196,725	Airbnb cash on cash: N/A Traditional cash on cash: -0.66% Airbnb Rental Income: $null Traditional Rental Income: $496 Airbnb ROI: N/A Traditional ROI: -0.66%
ON State Highway 64 #8430-2 Merrill, WI ON State Highway 64 #8430-2, Merrill, WI 54452 \| Other	N/A beds \| N/A baths \| 2,070 sq.ft.	$175,500	Airbnb cash on cash: N/A Traditional cash on cash: 2.05% Airbnb Rental Income: $null Traditional Rental Income: $906 Airbnb ROI: N/A Traditional ROI: 2.05%
ON State Highway 64 #8430-1 Merrill, WI ON State Highway 64 #8430-1, Merrill, WI 54452 \| Other	N/A beds \| N/A baths \| 2,070 sq.ft.	$196,725	Airbnb cash on cash: N/A Traditional cash on cash: 1.54% Airbnb Rental Income: $null Traditional Rental Income: $906 Airbnb ROI: N/A Traditional ROI: 1.54%
W4998 Pinewood Ln Merrill, WI W4998 Pinewood Ln, Merrill, WI 54452 \| Other	N/A beds \| N/A baths \| N/A	$39,900	Airbnb cash on cash: N/A Traditional cash on cash: 6.96% Airbnb Rental Income: $null Traditional Rental Income: $496 Airbnb ROI: N/A Traditional ROI: 6.96%
Lot 2 Greek St Merrill, WI Lot 2 Greek St, Merrill, WI 54452 \| Other	N/A beds \| N/A baths \| N/A	$57,900	Airbnb cash on cash: N/A Traditional cash on cash: 4.17% Airbnb Rental Income: $null Traditional Rental Income: $496 Airbnb ROI: N/A Traditional ROI: 4.17%
Lot 7 Greek St Merrill, WI Lot 7 Greek St, Merrill, WI 54452 \| Other	N/A beds \| N/A baths \| N/A	$59,900	Airbnb cash on cash: N/A Traditional cash on cash: 3.95% Airbnb Rental Income: $null Traditional Rental Income: $496 Airbnb ROI: N/A Traditional ROI: 3.95%
140404 COUNTY ROAD L Merrill, WI A beautiful country property that offers a wonderful sense of home and stunning views of t...	5 beds \| 2 baths \| 2,420 sq.ft.	$369,900	Airbnb cash on cash: N/A Traditional cash on cash: 4.63% Airbnb Rental Income: $null Traditional Rental Income: $2681 Airbnb ROI: N/A Traditional ROI: 4.63%
505 E 2nd St Merrill, WI 505 E 2nd St, Merrill, WI 54452 \| Single Family Residential	2 beds \| 1 baths \| 1,151 sq.ft.	$159,900	Airbnb cash on cash: N/A Traditional cash on cash: 2.97% Airbnb Rental Income: $null Traditional Rental Income: $976 Airbnb ROI: N/A Traditional ROI: 2.97%
2800 - 1B Thielman St Merrill, WI Welcome to carefree living in this desirable 2-bedroom, 3-bathroom main-level condo locate...	2 beds \| 3 baths \| 2,588 sq.ft.	$299,900	Airbnb cash on cash: N/A Traditional cash on cash: 6.56% Airbnb Rental Income: $null Traditional Rental Income: $2649 Airbnb ROI: N/A Traditional ROI: 6.56%
812 S Center Ave Merrill, WI Situated on 0.79 acres just south of Merrill and backing directly up to Gerbert Park, this...	3 beds \| 2 baths \| 1,248 sq.ft.	$235,000	Airbnb cash on cash: N/A Traditional cash on cash: 5% Airbnb Rental Income: $null Traditional Rental Income: $1832 Airbnb ROI: N/A Traditional ROI: 5%
604-A Eugene St Merrill, WI A fresh take on homeownership has arrived in Merrill, offering the space, privacy, and fee...	4 beds \| 2 baths \| 2,208 sq.ft.	$295,000	Airbnb cash on cash: N/A Traditional cash on cash: 7.13% Airbnb Rental Income: $null Traditional Rental Income: $2858 Airbnb ROI: N/A Traditional ROI: 7.13%
604-B EUGENE STREET Merrill, WI A fresh take on homeownership has arrived in Merrill, offering the space, privacy, and fee...	4 beds \| 3 baths \| 2,208 sq.ft.	$295,000	Airbnb cash on cash: N/A Traditional cash on cash: 7.13% Airbnb Rental Income: $null Traditional Rental Income: $2858 Airbnb ROI: N/A Traditional ROI: 7.13%
W9867 State Road 64 Merrill, WI Set on 9.06 acres in a convenient location between Merrill and Medford along state Road 64...	2 beds \| 1 baths \| 768 sq.ft.	$500,000	Airbnb cash on cash: N/A Traditional cash on cash: 1.35% Airbnb Rental Income: $null Traditional Rental Income: $1418 Airbnb ROI: N/A Traditional ROI: 1.35%
700 N MILL STREET Merrill, WI 3 Bed 3 Bath Two Story located on a corner lot in the central of town. Recently updated w...	3 beds \| 3 baths \| 1,536 sq.ft.	$200,000	Airbnb cash on cash: N/A Traditional cash on cash: 8.84% Airbnb Rental Income: $null Traditional Rental Income: $2306 Airbnb ROI: N/A Traditional ROI: 8.84%
W4014 ALPINE AVENUE Merrill, WI Stunning 25.73-acre property located in the Town of Pine River, just south of Merrill. Thi...	3 beds \| 3 baths \| 2,534 sq.ft.	$529,900	Airbnb cash on cash: N/A Traditional cash on cash: 4.72% Airbnb Rental Income: $null Traditional Rental Income: $3213 Airbnb ROI: N/A Traditional ROI: 4.72%
311 PIER STREET Merrill, WI Neat as a Pin! This adorable, superbly cared for home sits on a double lot with a lovely ...	3 beds \| 2 baths \| 1,276 sq.ft.	$225,000	Airbnb cash on cash: N/A Traditional cash on cash: 6.91% Airbnb Rental Income: $null Traditional Rental Income: $1964 Airbnb ROI: N/A Traditional ROI: 6.91%

Real Estate investment in Merrill, WI

There are 48 properties for sale in the city of Merrill . The median list price in Merrill is $200,000 and the average price per square foot is $109. In May 2026, the average monthly cash on cash return in Merrill is 5.00%. The average monthly rental income in Merrill is $1,455.

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

There are 48 investment properties available for sale in Merrill.

The ROI for Short-Term is higher than the Long-Term in Merrill with average rental income of $N/A.

Your search for investment property begins and ends here

Investment Property for Sale in Merrill, WI

W10905 Otto Rd

Merrill, WI

4 beds | 1 baths | 2,818 sq.ft.

$750,000

Airbnb cash on cash: N/A

Traditional cash on cash: 3.13%

Airbnb Rental Income: $null

Traditional Rental Income: $3260

Airbnb ROI: N/A

Traditional ROI: 3.13%

N881 RED TAIL LANE

Merrill, WI

4 beds | 3 baths | 3,494 sq.ft.

$472,000

Airbnb cash on cash: N/A

Traditional cash on cash: 4.08%

Airbnb Rental Income: $null

Traditional Rental Income: $3145

Airbnb ROI: N/A

Traditional ROI: 4.08%

508 EAST STREET

Merrill, WI

3 beds | 2 baths | 1,279 sq.ft.

$154,900

Airbnb cash on cash: N/A

Traditional cash on cash: 10.48%

Airbnb Rental Income: $null

Traditional Rental Income: $2042

Airbnb ROI: N/A

Traditional ROI: 10.48%

2710 CRESCENT Drive

Merrill, WI

3 beds | 2 baths | 1,758 sq.ft.

$246,900

Airbnb cash on cash: N/A

Traditional cash on cash: 6.68%

Airbnb Rental Income: $null

Traditional Rental Income: $2249

Airbnb ROI: N/A

Traditional ROI: 6.68%

1322 W MAIN STREET

Merrill, WI

8 beds | 4 baths | N/A

$329,900

Airbnb cash on cash: N/A

Traditional cash on cash: 8.61%

Airbnb Rental Income: $null

Traditional Rental Income: $3386

Airbnb ROI: N/A

Traditional ROI: 8.61%

108 W 3rd St

Merrill, WI

3 beds | 2 baths | N/A

$154,900

Airbnb cash on cash: N/A

Traditional cash on cash: 8.95%

Airbnb Rental Income: $null

Traditional Rental Income: $1722

Airbnb ROI: N/A

Traditional ROI: 8.95%

N2304 Doering Dr

Merrill, WI

2 beds | 2 baths | 1,829 sq.ft.

$305,000

Airbnb cash on cash: N/A

Traditional cash on cash: 6.04%

Airbnb Rental Income: $null

Traditional Rental Income: $2314

Airbnb ROI: N/A

Traditional ROI: 6.04%

1403 Water St

Merrill, WI

4 beds | 3 baths | 2,074 sq.ft.

$249,900

Airbnb cash on cash: N/A

Traditional cash on cash: 8.72%

Airbnb Rental Income: $null

Traditional Rental Income: $2790

Airbnb ROI: N/A