Real Estate Investment Properties for Sale in Spooner, WI

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

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

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
W5766 Bayside Drive Spooner, WI Welcome to your beautifully renovated lakeside retreat on the shores of picturesque Spoone...	2 beds \| 1 baths \| 960 sq.ft.	$369,900	Airbnb cash on cash: 1.33% Traditional cash on cash: 2.43% Airbnb Rental Income: $1641 Traditional Rental Income: $1559 Airbnb ROI: 1.33% Traditional ROI: 2.43%
W2728 3rd St Spooner, WI This is a must see spacious and meticulous 4 BR, 3 BA chalet on a great fishing lake with ...	4 beds \| 3 baths \| 2,690 sq.ft.	$524,900	Airbnb cash on cash: 1.73% Traditional cash on cash: 4.68% Airbnb Rental Income: $2428 Traditional Rental Income: $3279 Airbnb ROI: 1.73% Traditional ROI: 4.68%
219 High St Spooner, WI A lot to LOVE about this great 3 bdrm/2 bath Traditional home!! Sitting on a large 100 X 7...	3 beds \| 2 baths \| 1,510 sq.ft.	$249,000	Airbnb cash on cash: 2.46% Traditional cash on cash: 7.52% Airbnb Rental Income: $1565 Traditional Rental Income: $2305 Airbnb ROI: 2.46% Traditional ROI: 7.52%
W7815 Dunn Lake Road Spooner, WI Enjoy lakeside living in this charming condo home featuring 325 feet of shared frontage on...	3 beds \| 2 baths \| 1,752 sq.ft.	$269,900	Airbnb cash on cash: 1.92% Traditional cash on cash: 8.01% Airbnb Rental Income: $1565 Traditional Rental Income: $2665 Airbnb ROI: 1.92% Traditional ROI: 8.01%
515 Oak St Spooner, WI Charming 4 bedroom home with hardwood floors, built-in cabinetry, and oversized 2 car gara...	4 beds \| 1 baths \| 1,920 sq.ft.	$209,900	Airbnb cash on cash: 6.74% Traditional cash on cash: 6.56% Airbnb Rental Income: $2428 Traditional Rental Income: $1798 Airbnb ROI: 6.74% Traditional ROI: 6.56%
W6199 Fairway Dr Spooner, WI Spooner Golf Course - Spectacular Custom-built executive home located on the 3rd hole of p...	4 beds \| 2 baths \| 2,731 sq.ft.	$649,999	Airbnb cash on cash: 1.29% Traditional cash on cash: 3.48% Airbnb Rental Income: $2428 Traditional Rental Income: $3165 Airbnb ROI: 1.29% Traditional ROI: 3.48%
N7608 Little Bass Lake Rd Spooner, WI Cute affordable 3 season 2 bedroom cabin on Bass Lake in Casey Township-Washburn County. T...	2 beds \| 1 baths \| 920 sq.ft.	$349,900	Airbnb cash on cash: 1.88% Traditional cash on cash: 3.11% Airbnb Rental Income: $1641 Traditional Rental Income: $1584 Airbnb ROI: 1.88% Traditional ROI: 3.11%
N5603 Tower Hill Road Spooner, WI This unique home is definitely a must see!! This home features a unique design and layout....	4 beds \| 4 baths \| 3,600 sq.ft.	$475,000	Airbnb cash on cash: 2.21% Traditional cash on cash: 5.1% Airbnb Rental Income: $2428 Traditional Rental Income: $3119 Airbnb ROI: 2.21% Traditional ROI: 5.1%
209 Vine St Spooner, WI Freshly updated 2 story, 3 bdrm, 1 Â¼ bath home in the City of Spooner. The home has recei...	3 beds \| 1 baths \| 1,220 sq.ft.	$225,000	Airbnb cash on cash: 3.06% Traditional cash on cash: 6.25% Airbnb Rental Income: $1565 Traditional Rental Income: $1796 Airbnb ROI: 3.06% Traditional ROI: 6.25%
N7891 Hilly Ln Spooner, WI I'm sure you have seen the new Barndominiums on TV and now you have a chance to own your o...	N/A beds \| N/A baths \| 2,000 sq.ft.	$535,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.29% Airbnb Rental Income: $null Traditional Rental Income: $3385 Airbnb ROI: N/A Traditional ROI: 5.29%
1203 Peterson Trail Spooner, WI Set on 175 feet of prime frontage along the sought-after middle basin of McKenzie Lake, th...	2 beds \| 2 baths \| 1,824 sq.ft.	$849,000	Airbnb cash on cash: -0.59% Traditional cash on cash: 0.53% Airbnb Rental Income: $1641 Traditional Rental Income: $2064 Airbnb ROI: -0.59% Traditional ROI: 0.53%
N5020 Red Pine Trail Spooner, WI Great Value!! Discover your dream home on the scenic Yellow River! Nestled on over 15 acre...	4 beds \| 3 baths \| 4,200 sq.ft.	$544,900	Airbnb cash on cash: 1.63% Traditional cash on cash: 3.4% Airbnb Rental Income: $2428 Traditional Rental Income: $2736 Airbnb ROI: 1.63% Traditional ROI: 3.4%
W7762 Rainbow Drive Spooner, WI Welcome home. Beautifully updated. Private wooded lot. Spacious oversized 2 car garage for...	3 beds \| 2 baths \| 1,340 sq.ft.	$288,000	Airbnb cash on cash: 2.37% Traditional cash on cash: 6.93% Airbnb Rental Income: $1565 Traditional Rental Income: $2351 Airbnb ROI: 2.37% Traditional ROI: 6.93%
1926 Deer Trail Spooner, WI Room for the whole family!! Located on 101' feet of lake frontage on Rice Lake in Burnett ...	3 beds \| 2 baths \| 2,808 sq.ft.	$350,000	Airbnb cash on cash: 1.31% Traditional cash on cash: 7.02% Airbnb Rental Income: $1565 Traditional Rental Income: $2993 Airbnb ROI: 1.31% Traditional ROI: 7.02%
0 Hwy 70 Spooner, WI 0 Hwy 70, Spooner, WI 54801 \| Other	N/A beds \| N/A baths \| 0 sq.ft.	$89,900	Airbnb cash on cash: N/A Traditional cash on cash: 7.8% Airbnb Rental Income: $null Traditional Rental Income: $1024 Airbnb ROI: N/A Traditional ROI: 7.8%
xxx Trails End Spooner, WI	N/A beds \| N/A baths \| 0 sq.ft.	$69,900	Airbnb cash on cash: N/A Traditional cash on cash: 8.17% Airbnb Rental Income: $null Traditional Rental Income: $852 Airbnb ROI: N/A Traditional ROI: 8.17%
1150 S River St Spooner, WI 1150 S River St, Spooner, WI 54801 \| Other	N/A beds \| N/A baths \| 0 sq.ft.	$125,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.93% Airbnb Rental Income: $null Traditional Rental Income: $1024 Airbnb ROI: N/A Traditional ROI: 4.93%
0 Us Highway 53 Spooner, WI 0 Us Highway 53, Spooner, WI 54801 \| Other	N/A beds \| N/A baths \| 0 sq.ft.	$1,550,000	Airbnb cash on cash: N/A Traditional cash on cash: -2.2% Airbnb Rental Income: $null Traditional Rental Income: $1024 Airbnb ROI: N/A Traditional ROI: -2.2%
0 Highway 53 Spooner, WI 0 Highway 53, Spooner, WI 54801 \| Other	N/A beds \| N/A baths \| 0 sq.ft.	$1,550,000	Airbnb cash on cash: N/A Traditional cash on cash: -2.2% Airbnb Rental Income: $null Traditional Rental Income: $1024 Airbnb ROI: N/A Traditional ROI: -2.2%
TBD State Road 70 Spooner, WI TBD State Road 70, Spooner, WI 54872 \| Other	N/A beds \| N/A baths \| 1,600 sq.ft.	$249,900	Airbnb cash on cash: N/A Traditional cash on cash: -0.04% Airbnb Rental Income: $null Traditional Rental Income: $749 Airbnb ROI: N/A Traditional ROI: -0.04%
Lot 9 Spooner Outlet Dr Spooner, WI Lot 9 Spooner Outlet Dr, Spooner, WI 54801 \| Other	N/A beds \| N/A baths \| N/A	$340,000	Airbnb cash on cash: N/A Traditional cash on cash: -0.78% Airbnb Rental Income: $null Traditional Rental Income: $749 Airbnb ROI: N/A Traditional ROI: -0.78%
Lot 7 Spooner Outlet Dr Spooner, WI Lot 7 Spooner Outlet Dr, Spooner, WI 51801 \| Other	N/A beds \| N/A baths \| N/A	$220,000	Airbnb cash on cash: N/A Traditional cash on cash: 0.82% Airbnb Rental Income: $null Traditional Rental Income: $852 Airbnb ROI: N/A Traditional ROI: 0.82%
Lot 8 Spooner Outlet Dr Spooner, WI Lot 8 Spooner Outlet Dr, Spooner, WI 54801 \| Other	N/A beds \| N/A baths \| N/A	$210,000	Airbnb cash on cash: N/A Traditional cash on cash: 0.99% Airbnb Rental Income: $null Traditional Rental Income: $852 Airbnb ROI: N/A Traditional ROI: 0.99%
13 acres on County Rd A Spooner, WI 13 acres on County Rd A, Spooner, WI 54801 \| Other	N/A beds \| N/A baths \| N/A	$74,900	Airbnb cash on cash: N/A Traditional cash on cash: 6.1% Airbnb Rental Income: $null Traditional Rental Income: $749 Airbnb ROI: N/A Traditional ROI: 6.1%
Lot 5 Spooner Outlet Dr Spooner, WI Lot 5 Spooner Outlet Dr, Spooner, WI 54801 \| Other	N/A beds \| N/A baths \| N/A	$230,000	Airbnb cash on cash: N/A Traditional cash on cash: 0.19% Airbnb Rental Income: $null Traditional Rental Income: $749 Airbnb ROI: N/A Traditional ROI: 0.19%
Lot 4 Spooner Outlet Dr Spooner, WI Lot 4 Spooner Outlet Dr, Spooner, WI 54801 \| Other	N/A beds \| N/A baths \| N/A	$230,000	Airbnb cash on cash: N/A Traditional cash on cash: 0.19% Airbnb Rental Income: $null Traditional Rental Income: $749 Airbnb ROI: N/A Traditional ROI: 0.19%
Lot 6 Spooner Outlet Dr Spooner, WI Lot 6 Spooner Outlet Dr, Spooner, WI 54801 \| Other	N/A beds \| N/A baths \| N/A	$240,000	Airbnb cash on cash: N/A Traditional cash on cash: 0.07% Airbnb Rental Income: $null Traditional Rental Income: $749 Airbnb ROI: N/A Traditional ROI: 0.07%
Lot 3 Spooner Outlet Dr Spooner, WI Lot 3 Spooner Outlet Dr, Spooner, WI 54801 \| Other	N/A beds \| N/A baths \| N/A	$250,000	Airbnb cash on cash: N/A Traditional cash on cash: -0.04% Airbnb Rental Income: $null Traditional Rental Income: $749 Airbnb ROI: N/A Traditional ROI: -0.04%
TBD Foss Ln Spooner, WI TBD Foss Ln, Spooner, WI 54801 \| Other	N/A beds \| N/A baths \| 3,305 sq.ft.	$75,000	Airbnb cash on cash: N/A Traditional cash on cash: 8.26% Airbnb Rental Income: $null Traditional Rental Income: $911 Airbnb ROI: N/A Traditional ROI: 8.26%
N5502 Oakwood Drive Spooner, WI Nestled on 2.13 acres just outside of Spooner, this spacious 5-bedroom, 3-bath home offers...	5 beds \| 3 baths \| 3,523 sq.ft.	$449,500	Airbnb cash on cash: 9.52% Traditional cash on cash: 5.78% Airbnb Rental Income: $6113 Traditional Rental Income: $3328 Airbnb ROI: 9.52% Traditional ROI: 5.78%
721 Myra Street Spooner, WI Charming and well-loved, this 4-bedroom, 2-bath home has been proudly owned by the same fa...	4 beds \| 2 baths \| 2,912 sq.ft.	$274,500	Airbnb cash on cash: 4.68% Traditional cash on cash: 8.25% Airbnb Rental Income: $2428 Traditional Rental Income: $2757 Airbnb ROI: 4.68% Traditional ROI: 8.25%
W5362 Yellowsands Drive #1 Spooner, WI Enjoy serene lake views and end each day with breathtaking sunsets from the deck, around t...	3 beds \| 2 baths \| 780 sq.ft.	$274,900	Airbnb cash on cash: 2.18% Traditional cash on cash: 5.04% Airbnb Rental Income: $1565 Traditional Rental Income: $1858 Airbnb ROI: 2.18% Traditional ROI: 5.04%
1640 Trails Road Spooner, WI Being Built - Brand New Construction in Spooner! Not Completed Yet Welcome to this charmin...	2 beds \| 1 baths \| 918 sq.ft.	$214,900	Airbnb cash on cash: 2.51% Traditional cash on cash: 5.33% Airbnb Rental Income: $1641 Traditional Rental Income: $1752 Airbnb ROI: 2.51% Traditional ROI: 5.33%
N9851 Lower Mckenzie Rd Spooner, WI N9851 Lower Mckenzie Rd, Spooner, WI 54801 \| Single Family Residential	5 beds \| 3 baths \| 2,790 sq.ft.	$775,000	Airbnb cash on cash: 3.82% Traditional cash on cash: 1.24% Airbnb Rental Income: $6113 Traditional Rental Income: $3042 Airbnb ROI: 3.82% Traditional ROI: 1.24%
816 N Summit Street Spooner, WI Check out this beautifully remodeled 3-BR, 2-BA home nestled in Spooner! This thoroughly u...	3 beds \| 2 baths \| 1,479 sq.ft.	$232,000	Airbnb cash on cash: 2.87% Traditional cash on cash: 8.11% Airbnb Rental Income: $1565 Traditional Rental Income: $2266 Airbnb ROI: 2.87% Traditional ROI: 8.11%
W7341 Pair O Lakes Rd Spooner, WI W7341 Pair O Lakes Rd, Spooner, WI 54801 \| Condo/Coop	3 beds \| 1 baths \| 540 sq.ft.	$269,900	Airbnb cash on cash: 0.94% Traditional cash on cash: 1.59% Airbnb Rental Income: $1565 Traditional Rental Income: $1280 Airbnb ROI: 0.94% Traditional ROI: 1.59%
xxx Mann Rd Spooner, WI xxx Mann Rd, Spooner, WI 54801 \| Other	N/A beds \| N/A baths \| N/A	$225,000	Airbnb cash on cash: N/A Traditional cash on cash: 0.74% Airbnb Rental Income: $null Traditional Rental Income: $852 Airbnb ROI: N/A Traditional ROI: 0.74%
7891 N Hilly Ln Spooner, WI 7891 N Hilly Ln, Spooner, WI 54801 \| Other	N/A beds \| N/A baths \| N/A	$799,000	Airbnb cash on cash: N/A Traditional cash on cash: -1.82% Airbnb Rental Income: $null Traditional Rental Income: $852 Airbnb ROI: N/A Traditional ROI: -1.82%
401 Elm St Spooner, WI 401 Elm St, Spooner, WI 54801 \| Single Family Residential	4 beds \| 2 baths \| 1,916 sq.ft.	$280,000	Airbnb cash on cash: 3.77% Traditional cash on cash: 5.85% Airbnb Rental Income: $2428 Traditional Rental Income: $2382 Airbnb ROI: 3.77% Traditional ROI: 5.85%
N6127 N County Highway K Spooner, WI 5 acres just a couple miles out of Spooner! Maintenance free siding and metal roof, C/A, h...	2 beds \| 1 baths \| 1,934 sq.ft.	$190,000	Airbnb cash on cash: 4.23% Traditional cash on cash: 6.58% Airbnb Rental Income: $1641 Traditional Rental Income: $1604 Airbnb ROI: 4.23% Traditional ROI: 6.58%

Real Estate investment in Spooner, WI

There are 67 properties for sale in the city of Spooner . The median list price in Spooner is $209,874 and the average price per square foot is $216. In July 2026, the average monthly cash on cash return in Spooner is 2.00%. The average monthly rental income in Spooner is $1,174.

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

There are 67 investment properties available for sale in Spooner.

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

The ROI for Short-Term is higher than the Long-Term in Spooner with average rental income of $1,603.

Your search for investment property begins and ends here

Investment Property for Sale in Spooner, WI

W5766 Bayside Drive

Spooner, WI

2 beds | 1 baths | 960 sq.ft.

$369,900

Airbnb cash on cash: 1.33%

Traditional cash on cash: 2.43%

Airbnb Rental Income: $1641

Traditional Rental Income: $1559

Airbnb ROI: 1.33%

Traditional ROI: 2.43%

W2728 3rd St

Spooner, WI

4 beds | 3 baths | 2,690 sq.ft.

$524,900

Airbnb cash on cash: 1.73%

Traditional cash on cash: 4.68%

Airbnb Rental Income: $2428

Traditional Rental Income: $3279

Airbnb ROI: 1.73%

Traditional ROI: 4.68%

219 High St

Spooner, WI

3 beds | 2 baths | 1,510 sq.ft.

$249,000

Airbnb cash on cash: 2.46%

Traditional cash on cash: 7.52%

Airbnb Rental Income: $1565

Traditional Rental Income: $2305

Airbnb ROI: 2.46%

Traditional ROI: 7.52%

W7815 Dunn Lake Road

Spooner, WI

3 beds | 2 baths | 1,752 sq.ft.

$269,900

Airbnb cash on cash: 1.92%

Traditional cash on cash: 8.01%

Airbnb Rental Income: $1565

Traditional Rental Income: $2665

Airbnb ROI: 1.92%

Traditional ROI: 8.01%

515 Oak St

Spooner, WI

4 beds | 1 baths | 1,920 sq.ft.

$209,900

Airbnb cash on cash: 6.74%

Traditional cash on cash: 6.56%

Airbnb Rental Income: $2428

Traditional Rental Income: $1798

Airbnb ROI: 6.74%

Traditional ROI: 6.56%

W6199 Fairway Dr

Spooner, WI

4 beds | 2 baths | 2,731 sq.ft.

$649,999

Airbnb cash on cash: 1.29%

Traditional cash on cash: 3.48%

Airbnb Rental Income: $2428

Traditional Rental Income: $3165

Airbnb ROI: 1.29%

Traditional ROI: 3.48%

N7608 Little Bass Lake Rd

Spooner, WI

2 beds | 1 baths | 920 sq.ft.

$349,900

Airbnb cash on cash: 1.88%

Traditional cash on cash: 3.11%

Airbnb Rental Income: $1641

Traditional Rental Income: $1584

Airbnb ROI: 1.88%

Traditional ROI: 3.11%

N5603 Tower Hill Road

Spooner, WI

4 beds | 4 baths | 3,600 sq.ft.

$475,000

Airbnb cash on cash: 2.21%

Traditional cash on cash: 5.1%

Airbnb Rental Income: $2428

Traditional Rental Income: $3119

Airbnb ROI: 2.21%