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
140 Reinhart Drive Shell Lake, WI Ready for one level living? This 1300 sq ft home offers 2 BR/2BA plus an office. Spaciou...	2 beds \| 2 baths \| 1,300 sq.ft.	$290,000	Airbnb cash on cash: 0.76% Traditional cash on cash: 2.01% Airbnb Rental Income: $1158 Traditional Rental Income: $1116 Airbnb ROI: 0.76% Traditional ROI: 2.01%
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%
W 8699 Pond View Drive Shell Lake, WI Nestled on the outskirts of Shell Lake, this custom-built, 3-bedroom, 2 1/2 bath log home ...	3 beds \| 3 baths \| 2,000 sq.ft.	$339,000	Airbnb cash on cash: 0.11% Traditional cash on cash: 7.24% Airbnb Rental Income: $1202 Traditional Rental Income: $3084 Airbnb ROI: 0.11% Traditional ROI: 7.24%
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%
110 Lutz Lane Shell Lake, WI Located less than 2 miles from beautiful Shell Lake, this 2-bedroom, 2-bath home offers th...	2 beds \| 2 baths \| 1,399 sq.ft.	$300,000	Airbnb cash on cash: 0.49% Traditional cash on cash: 5.26% Airbnb Rental Income: $1158 Traditional Rental Income: $2121 Airbnb ROI: 0.49% Traditional ROI: 5.26%
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: 3.34% Traditional cash on cash: 10.73% Airbnb Rental Income: $1202 Traditional Rental Income: $1873 Airbnb ROI: 3.34% Traditional ROI: 10.73%

Real Estate investment in Shell-lake, WI

There are 7 properties for sale in the city of Shell Lake . The median list price in Shell Lake is $300,000 and the average price per square foot is $219. In November 2025, the average monthly cash on cash return in Shell Lake is 5.00%. The average monthly rental income in Shell Lake is $2,121.

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

There are 7 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 $2,121.

Your search for investment property begins and ends here

Investment Property for Sale in Shell Lake, WI

140 Reinhart Drive

Shell Lake, WI

2 beds | 2 baths | 1,300 sq.ft.

$290,000

Airbnb cash on cash: 0.76%

Traditional cash on cash: 2.01%

Airbnb Rental Income: $1158

Traditional Rental Income: $1116

Airbnb ROI: 0.76%

Traditional ROI: 2.01%

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%

W 8699 Pond View Drive

Shell Lake, WI

3 beds | 3 baths | 2,000 sq.ft.

$339,000

Airbnb cash on cash: 0.11%

Traditional cash on cash: 7.24%

Airbnb Rental Income: $1202

Traditional Rental Income: $3084

Airbnb ROI: 0.11%

Traditional ROI: 7.24%

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%

110 Lutz Lane

Shell Lake, WI

2 beds | 2 baths | 1,399 sq.ft.

$300,000

Airbnb cash on cash: 0.49%

Traditional cash on cash: 5.26%

Airbnb Rental Income: $1158

Traditional Rental Income: $2121

Airbnb ROI: 0.49%

Traditional ROI: 5.26%

403 2nd Street

Shell Lake, WI

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

$149,900

Airbnb cash on cash: 3.34%

Traditional cash on cash: 10.73%

Airbnb Rental Income: $1202

Traditional Rental Income: $1873

Airbnb ROI: 3.34%

Traditional ROI: 10.73%

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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