Real Estate Investment Properties for Sale in Shell Lake, WI

Looking for investment property in Shell Lake, WI with high ROI ?

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

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
1011 Burgs Park Drive Shell Lake, WI Rare Lakefront Gem on Pristine Shell Lake Just two hours from the Twin Cities, this fully ...	3 beds \| 2 baths \| 1,284 sq.ft.	$850,000	Airbnb cash on cash: -0.79% Traditional cash on cash: 1.15% Airbnb Rental Income: $1202 Traditional Rental Income: $2347 Airbnb ROI: -0.79% Traditional ROI: 1.15%
214 8th Avenue Shell Lake, WI Charming 3-Bedroom Home in the Heart of Shell Lake! This well-maintained home offers 3 sp...	3 beds \| 2 baths \| 1,500 sq.ft.	$239,000	Airbnb cash on cash: 1.53% Traditional cash on cash: 8.31% Airbnb Rental Income: $1202 Traditional Rental Income: $2345 Airbnb ROI: 1.53% Traditional ROI: 8.31%
1339 S Lake Drive Shell Lake, WI This property offers a rare 200 feet of natural frontage on one of Wisconsin's premier cle...	1 beds \| 1 baths \| 892 sq.ft.	$789,900	Airbnb cash on cash: N/A Traditional cash on cash: -0.6% Airbnb Rental Income: $null Traditional Rental Income: $1468 Airbnb ROI: N/A Traditional ROI: -0.6%
403 2nd Street Shell Lake, WI Charming 2-Story Home with Distant Lake Views on Oversized Lot in Shell Lake, WI! Well-mai...	3 beds \| 1 baths \| 1,202 sq.ft.	$149,900	Airbnb cash on cash: 3.39% Traditional cash on cash: 10.78% Airbnb Rental Income: $1202 Traditional Rental Income: $1873 Airbnb ROI: 3.39% Traditional ROI: 10.78%
4003 N Spur Rd Shell Lake, WI Quiet spot located between Spooner and Shell Lake just waiting for your brilliant ideas. H...	3 beds \| 1 baths \| 1,376 sq.ft.	$192,000	Airbnb cash on cash: 2.23% Traditional cash on cash: 8.36% Airbnb Rental Income: $1202 Traditional Rental Income: $1931 Airbnb ROI: 2.23% Traditional ROI: 8.36%
N2273 Little Long Lake Road Shell Lake, WI Located on 40 acres of picturesque countryside, this open, free-flowing 5-BR, 3.5-BA home ...	5 beds \| 4 baths \| 7,340 sq.ft.	$1,099,500	Airbnb cash on cash: N/A Traditional cash on cash: 1.79% Airbnb Rental Income: $null Traditional Rental Income: $3676 Airbnb ROI: N/A Traditional ROI: 1.79%
103 3rd Street Shell Lake, WI Established 5-bedroom home in town, Shell Lake. This home has plenty of space for a larger...	5 beds \| 2 baths \| 1,543 sq.ft.	$175,000	Airbnb cash on cash: N/A Traditional cash on cash: 6.64% Airbnb Rental Income: $null Traditional Rental Income: $1547 Airbnb ROI: N/A Traditional ROI: 6.64%

Real Estate investment in Shell-lake, WI

There are 8 properties for sale in the city of Shell Lake . The median list price in Shell Lake is $254,450 and the average price per square foot is $124. In December 2025, the average monthly cash on cash return in Shell Lake is 6.00%. The average monthly rental income in Shell Lake is $1,965.

Shell-lake, WI Real Estate Investing: FAQs for Buyers, Sellers and Investors

There are 8 investment properties available for sale in Shell-lake.

In 2025, the best neighborhood to buy investment property is Shell Lake.

The ROI for Long-Term is higher than the Short-Term in Shell-lake with average rental income of $1,965.

Your search for investment property begins and ends here

Investment Property for Sale in Shell Lake, WI

1011 Burgs Park Drive

Shell Lake, WI

3 beds | 2 baths | 1,284 sq.ft.

$850,000

Airbnb cash on cash: -0.79%

Traditional cash on cash: 1.15%

Airbnb Rental Income: $1202

Traditional Rental Income: $2347

Airbnb ROI: -0.79%

Traditional ROI: 1.15%

214 8th Avenue

Shell Lake, WI

3 beds | 2 baths | 1,500 sq.ft.

$239,000

Airbnb cash on cash: 1.53%

Traditional cash on cash: 8.31%

Airbnb Rental Income: $1202

Traditional Rental Income: $2345

Airbnb ROI: 1.53%

Traditional ROI: 8.31%

1339 S Lake Drive

Shell Lake, WI

1 beds | 1 baths | 892 sq.ft.

$789,900

Airbnb cash on cash: N/A

Traditional cash on cash: -0.6%

Airbnb Rental Income: $null

Traditional Rental Income: $1468

Airbnb ROI: N/A

Traditional ROI: -0.6%

403 2nd Street

Shell Lake, WI

3 beds | 1 baths | 1,202 sq.ft.

$149,900

Airbnb cash on cash: 3.39%

Traditional cash on cash: 10.78%

Airbnb Rental Income: $1202

Traditional Rental Income: $1873

Airbnb ROI: 3.39%

Traditional ROI: 10.78%

4003 N Spur Rd

Shell Lake, WI

3 beds | 1 baths | 1,376 sq.ft.

$192,000

Airbnb cash on cash: 2.23%

Traditional cash on cash: 8.36%

Airbnb Rental Income: $1202

Traditional Rental Income: $1931

Airbnb ROI: 2.23%

Traditional ROI: 8.36%

N2273 Little Long Lake Road

Shell Lake, WI

5 beds | 4 baths | 7,340 sq.ft.

$1,099,500

Airbnb cash on cash: N/A

Traditional cash on cash: 1.79%

Airbnb Rental Income: $null

Traditional Rental Income: $3676

Airbnb ROI: N/A

Traditional ROI: 1.79%

103 3rd Street

Shell Lake, WI

5 beds | 2 baths | 1,543 sq.ft.

$175,000

Airbnb cash on cash: N/A

Traditional cash on cash: 6.64%

Airbnb Rental Income: $null

Traditional Rental Income: $1547

Airbnb ROI: N/A

Traditional ROI: 6.64%

Real Estate investment in Shell-lake, WI

Shell-lake, WI Real Estate Investing: FAQs for Buyers, Sellers and Investors

How many investment properties are available for sale in Shell-lake?

Which neighborhoods in Shell-lake to invest in 2025?

Long-Term vs. Short-Term Rentals in Shell-lake, Wisconsin: Which will earn the best returns?

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