Real Estate Investment Properties for Sale in Tomahawk, WI

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

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

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
9811 DEER TRAIL ROAD #3 Tomahawk, WI Beautiful low maintenance condominium on Lake Nokomis! This unit features 3 bedrooms, 3 fu...	3 beds \| 3 baths \| 2,490 sq.ft.	$465,000	Airbnb cash on cash: -0.03% Traditional cash on cash: 6.19% Airbnb Rental Income: $1143 Traditional Rental Income: $3470 Airbnb ROI: -0.03% Traditional ROI: 6.19%
9811 DEER TRAIL ROAD #5 Tomahawk, WI Beautiful low maintenance condominium on Lake Nokomis! This unit features 3 bedrooms, 3 fu...	3 beds \| 3 baths \| 2,490 sq.ft.	$465,000	Airbnb cash on cash: -0.07% Traditional cash on cash: 6.15% Airbnb Rental Income: $1143 Traditional Rental Income: $3470 Airbnb ROI: -0.07% Traditional ROI: 6.15%
914 MOHAWK DR E Tomahawk, WI Nestled within Tomahawkâs city limits yet privately situated in the desirable Wood area,...	2 beds \| 1 baths \| 1,568 sq.ft.	$200,000	Airbnb cash on cash: 2.11% Traditional cash on cash: 6.51% Airbnb Rental Income: $1261 Traditional Rental Income: $1697 Airbnb ROI: 2.11% Traditional ROI: 6.51%
9811 DEER TRAIL ROAD #2 Tomahawk, WI Beautiful low maintenance condominium on Lake Nokomis! This unit features 3 bedrooms, 3 fu...	3 beds \| 3 baths \| 2,490 sq.ft.	$465,000	Airbnb cash on cash: -0.03% Traditional cash on cash: 6.19% Airbnb Rental Income: $1143 Traditional Rental Income: $3470 Airbnb ROI: -0.03% Traditional ROI: 6.19%
9811 DEER TRAIL ROAD #4 Tomahawk, WI Beautiful low maintenance condominium on Lake Nokomis! This unit features 3 bedrooms, 3 fu...	3 beds \| 3 baths \| 2,490 sq.ft.	$465,000	Airbnb cash on cash: -0.05% Traditional cash on cash: 6.16% Airbnb Rental Income: $1143 Traditional Rental Income: $3470 Airbnb ROI: -0.05% Traditional ROI: 6.16%
N11076 NORWAY LN Tomahawk, WI Pickerel Lake Chalet â Where Memories Are Made! Nestled on 1.5 wooded acres with 126 ft....	4 beds \| 3 baths \| 3,137 sq.ft.	$599,000	Airbnb cash on cash: -1.05% Traditional cash on cash: 1.23% Airbnb Rental Income: $844 Traditional Rental Income: $1793 Airbnb ROI: -1.05% Traditional ROI: 1.23%
100 CHICAGO ISLAND Tomahawk, WI Now is your chance to own an ISLAND! This unique property was once a fishing camp. 2 of th...	1 beds \| 1 baths \| 324 sq.ft.	$375,000	Airbnb cash on cash: N/A Traditional cash on cash: 0.31% Airbnb Rental Income: $null Traditional Rental Income: $1198 Airbnb ROI: N/A Traditional ROI: 0.31%
214 PINE RIDGE LN Tomahawk, WI Tucked away on the edge of town, this charming 3-bedroom, 1.5-bath home offers the perfect...	3 beds \| 2 baths \| 1,512 sq.ft.	$250,000	Airbnb cash on cash: 0.95% Traditional cash on cash: 3.54% Airbnb Rental Income: $1143 Traditional Rental Income: $1376 Airbnb ROI: 0.95% Traditional ROI: 3.54%
N9071 MILLIE RD Tomahawk, WI SPIRIT RIVER FLOWAGE HOME! Nestled on the serene shores of the Spirit River Flowage just o...	3 beds \| 3 baths \| 2,810 sq.ft.	$559,900	Airbnb cash on cash: -0.16% Traditional cash on cash: 2.33% Airbnb Rental Income: $1143 Traditional Rental Income: $2066 Airbnb ROI: -0.16% Traditional ROI: 2.33%
N11594 WOODLAND DRIVE Tomahawk, WI This beautifully built cabin offers the perfect blend of rustic charm and modern convenien...	4 beds \| 2 baths \| 2,061 sq.ft.	$545,000	Airbnb cash on cash: -1.1% Traditional cash on cash: 3.4% Airbnb Rental Income: $844 Traditional Rental Income: $2803 Airbnb ROI: -1.1% Traditional ROI: 3.4%
N11592 WOODLAND DRIVE Tomahawk, WI This beautifully built cabin offers the perfect blend of rustic charm and modern convenien...	4 beds \| 2 baths \| 2,061 sq.ft.	$560,000	Airbnb cash on cash: -1.09% Traditional cash on cash: 3.28% Airbnb Rental Income: $844 Traditional Rental Income: $2803 Airbnb ROI: -1.09% Traditional ROI: 3.28%
N11278 KAUFMAN ROAD Tomahawk, WI Discover the perfect Northwoods retreat or an ideal place to call home year round at N112...	4 beds \| 2 baths \| 2,192 sq.ft.	$359,900	Airbnb cash on cash: -0.28% Traditional cash on cash: 6.18% Airbnb Rental Income: $844 Traditional Rental Income: $2700 Airbnb ROI: -0.28% Traditional ROI: 6.18%
N9255 SANCTUARY RD Tomahawk, WI Sanctuary is the name of the road and it's fitting, but tranquility is what you will feel ...	4 beds \| 2 baths \| 2,250 sq.ft.	$595,000	Airbnb cash on cash: -0.71% Traditional cash on cash: 2.85% Airbnb Rental Income: $844 Traditional Rental Income: $2494 Airbnb ROI: -0.71% Traditional ROI: 2.85%
N11052 TERRY RD Tomahawk, WI NEW CONSTRUCTION ON WISCONSIN RIVER WITH ACCESS TO LAKE ALICE. This beautiful home sitting...	5 beds \| 4 baths \| 3,700 sq.ft.	$1,400,000	Airbnb cash on cash: -0.93% Traditional cash on cash: 1.64% Airbnb Rental Income: $1500 Traditional Rental Income: $4407 Airbnb ROI: -0.93% Traditional ROI: 1.64%
W6948 WIMMER RD Tomahawk, WI CHARMING NOKOMIS LOG HOME. Come check this open concept very well maintained home which bo...	3 beds \| 3 baths \| 3,173 sq.ft.	$975,000	Airbnb cash on cash: -0.87% Traditional cash on cash: 1.92% Airbnb Rental Income: $1143 Traditional Rental Income: $3293 Airbnb ROI: -0.87% Traditional ROI: 1.92%
105 WISCONSIN AVE E Tomahawk, WI Charming City Home in a Prime Location. Located just a block from Main Street, 2 blocks fr...	3 beds \| 1 baths \| 1,092 sq.ft.	$129,850	Airbnb cash on cash: 4.06% Traditional cash on cash: 11.03% Airbnb Rental Income: $1143 Traditional Rental Income: $1633 Airbnb ROI: 4.06% Traditional ROI: 11.03%
9948 SIEMERING DR Tomahawk, WI Here is an unmatched opportunity in the Northwoods of Wisconsin. Located in Oneida County,...	3 beds \| 2 baths \| 2,584 sq.ft.	$799,900	Airbnb cash on cash: -0.5% Traditional cash on cash: 2.02% Airbnb Rental Income: $1143 Traditional Rental Income: $2645 Airbnb ROI: -0.5% Traditional ROI: 2.02%
W8521 NICK RD Tomahawk, WI SOMO LAKE RETREAT! This iconic lakeside property invites you to stay, relax, and play. The...	3 beds \| 3 baths \| 4,073 sq.ft.	$799,900	Airbnb cash on cash: -0.66% Traditional cash on cash: 2.33% Airbnb Rental Income: $1143 Traditional Rental Income: $2995 Airbnb ROI: -0.66% Traditional ROI: 2.33%
N11790 CRYSTAL LAKE ROAD Tomahawk, WI Northwoods Lakeside Retreat! This rare find on spring-fed Deer Lake in Tomahawk offers the...	4 beds \| 2 baths \| 1,638 sq.ft.	$775,000	Airbnb cash on cash: -1.36% Traditional cash on cash: 1.53% Airbnb Rental Income: $844 Traditional Rental Income: $2601 Airbnb ROI: -1.36% Traditional ROI: 1.53%
W7522 HILLSIDE RD Tomahawk, WI Location, location, location! Only 4 miles from town, this custom built log home features ...	2 beds \| 2 baths \| 1,460 sq.ft.	$599,900	Airbnb cash on cash: -0.47% Traditional cash on cash: 1.8% Airbnb Rental Income: $1261 Traditional Rental Income: $2130 Airbnb ROI: -0.47% Traditional ROI: 1.8%
3376 LAKEWOOD RD Tomahawk, WI New construction, 37.5 acres of hunting land, touches 2 ponds, privacy! This property has ...	4 beds \| 4 baths \| 3,400 sq.ft.	$875,000	Airbnb cash on cash: -0.86% Traditional cash on cash: 2.94% Airbnb Rental Income: $844 Traditional Rental Income: $3614 Airbnb ROI: -0.86% Traditional ROI: 2.94%
2074 HIDDEN WATERS RD N Tomahawk, WI Enjoy the soothing sounds of a babbling creek from the comfort of this stunning newly buil...	4 beds \| 4 baths \| 2,571 sq.ft.	$500,000	Airbnb cash on cash: -0.47% Traditional cash on cash: 6.49% Airbnb Rental Income: $844 Traditional Rental Income: $3768 Airbnb ROI: -0.47% Traditional ROI: 6.49%
4011 ELSNER RD Tomahawk, WI Escape to your own slice of the Northwoods with this stunning 40-acre forested retreat whe...	2 beds \| 1 baths \| 784 sq.ft.	$420,000	Airbnb cash on cash: 0.59% Traditional cash on cash: 1.6% Airbnb Rental Income: $1261 Traditional Rental Income: $1258 Airbnb ROI: 0.59% Traditional ROI: 1.6%
2793 KELLY FIRE LN Tomahawk, WI NORTHWOODS LOG HOME: FLOWING RIVER, COZY, PRIVATE, PERFECT! Welcome to your serene retreat...	3 beds \| 2 baths \| 1,884 sq.ft.	$594,900	Airbnb cash on cash: -0.29% Traditional cash on cash: 2.91% Airbnb Rental Income: $1143 Traditional Rental Income: $2541 Airbnb ROI: -0.29% Traditional ROI: 2.91%
N9009 DEER TR Tomahawk, WI Ready, Set, Get Away! Check this one out located on the Spirit Flowage, with 110 plus feet...	2 beds \| 1 baths \| 960 sq.ft.	$192,000	Airbnb cash on cash: 2.26% Traditional cash on cash: 5.94% Airbnb Rental Income: $1261 Traditional Rental Income: $1533 Airbnb ROI: 2.26% Traditional ROI: 5.94%
2055 ELTO RD Tomahawk, WI Lake Nokomis Chain Getaway! This 1-bedroom, 1-bath ranch home offers 276 feet of water fro...	1 beds \| 1 baths \| 720 sq.ft.	$285,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.54% Airbnb Rental Income: $null Traditional Rental Income: $1439 Airbnb ROI: N/A Traditional ROI: 3.54%
N9317 BACK WATER HTS Tomahawk, WI THIS HOME IS TRULY EXCEPTIONAL! It's one of the few homes that we have viewed over the yea...	4 beds \| 4 baths \| 2,752 sq.ft.	$699,900	Airbnb cash on cash: -0.77% Traditional cash on cash: 3.98% Airbnb Rental Income: $844 Traditional Rental Income: $3614 Airbnb ROI: -0.77% Traditional ROI: 3.98%
N9210 SANCTUARY RD Tomahawk, WI PRIVATE LAKEFRONT RETREAT ON THE SPIRIT. Come and check out this very nicely appointed 5 b...	5 beds \| 5 baths \| 5,000 sq.ft.	$1,200,000	Airbnb cash on cash: -1% Traditional cash on cash: 3.06% Airbnb Rental Income: $1500 Traditional Rental Income: $5600 Airbnb ROI: -1% Traditional ROI: 3.06%
2005 REEL EM IN RD #20 & 21 Tomahawk, WI This stunning 3-bedroom, 2-bathroom lakefront retreat is the ultimate getaway for those se...	3 beds \| 2 baths \| 2,000 sq.ft.	$649,900	Airbnb cash on cash: -0.13% Traditional cash on cash: 3.68% Airbnb Rental Income: $1143 Traditional Rental Income: $3071 Airbnb ROI: -0.13% Traditional ROI: 3.68%
N9072 GRUNDY RD Tomahawk, WI Escape to your own Northwoods paradise with this 632 sq ft cabin set on 15 beautifully woo...	1 beds \| 1 baths \| 632 sq.ft.	$299,500	Airbnb cash on cash: N/A Traditional cash on cash: 3.4% Airbnb Rental Income: $null Traditional Rental Income: $1489 Airbnb ROI: N/A Traditional ROI: 3.4%
N10518 Jersey Lane Tomahawk, WI Beautiful waterfront home with abundant wildlife on the Jersey Flowage. This welcoming 3 b...	3 beds \| 2 baths \| 1,904 sq.ft.	$759,000	Airbnb cash on cash: -0.61% Traditional cash on cash: 1.98% Airbnb Rental Income: $1143 Traditional Rental Income: $2594 Airbnb ROI: -0.61% Traditional ROI: 1.98%
10760 LACANNE TRL Tomahawk, WI SWAMP LAKE YEAR AROUND CABIN! Charming Year-Round Cabin on Swamp Lake â 2 Acres, Water F...	3 beds \| 1 baths \| 700 sq.ft.	$238,900	Airbnb cash on cash: 1.49% Traditional cash on cash: 4.49% Airbnb Rental Income: $1143 Traditional Rental Income: $1441 Airbnb ROI: 1.49% Traditional ROI: 4.49%
2066 HIDDEN WATERS RD N Tomahawk, WI COUNTRY HOME on the LITTLE RICE CREEK! If sitting on your elevated deck or covered side po...	2 beds \| 2 baths \| 1,232 sq.ft.	$209,900	Airbnb cash on cash: 2.29% Traditional cash on cash: 8.34% Airbnb Rental Income: $1261 Traditional Rental Income: $2066 Airbnb ROI: 2.29% Traditional ROI: 8.34%
N11855 DEER LAKE RD Tomahawk, WI Rare Deer Lake Opportunity! Donât miss this rare opportunity to own a beautifully mainta...	3 beds \| 3 baths \| 3,000 sq.ft.	$999,999	Airbnb cash on cash: -0.89% Traditional cash on cash: 1.6% Airbnb Rental Income: $1143 Traditional Rental Income: $3078 Airbnb ROI: -0.89% Traditional ROI: 1.6%
1915 SUMMER BREEZE LN #8 Tomahawk, WI Nestled in the sought-after Northwoods Condo community on the sparkling shores of Lake Nok...	3 beds \| 1 baths \| 720 sq.ft.	$339,000	Airbnb cash on cash: 0.54% Traditional cash on cash: 3.07% Airbnb Rental Income: $1143 Traditional Rental Income: $1568 Airbnb ROI: 0.54% Traditional ROI: 3.07%
1427 SOMO AVE E Tomahawk, WI Spacious 3-bedroom, 3-bath home in Tomahawk on a rare double 1-acre lot that backs up to s...	3 beds \| 3 baths \| 2,145 sq.ft.	$249,000	Airbnb cash on cash: 1.02% Traditional cash on cash: 10.03% Airbnb Rental Income: $1143 Traditional Rental Income: $2881 Airbnb ROI: 1.02% Traditional ROI: 10.03%
945 E KING RD Tomahawk, WI Location, Location, Location! Take a look at this 3 bedroom 2 1/2 bath home situated on on...	3 beds \| 3 baths \| 2,107 sq.ft.	$550,000	Airbnb cash on cash: -0.57% Traditional cash on cash: 3.99% Airbnb Rental Income: $1143 Traditional Rental Income: $3106 Airbnb ROI: -0.57% Traditional ROI: 3.99%
N10438 JONES RD Tomahawk, WI Tucked away at the end of a quiet private road, this charming farmhouse offers the peace a...	5 beds \| 1 baths \| 2,016 sq.ft.	$349,900	Airbnb cash on cash: 1.63% Traditional cash on cash: 4.33% Airbnb Rental Income: $1500 Traditional Rental Income: $1949 Airbnb ROI: 1.63% Traditional ROI: 4.33%
361 VENA AVE Tomahawk, WI Discover this charming 2-bedroom, 2-bath with a full bunkhouse with full bath and kitchen,...	2 beds \| 2 baths \| 1,674 sq.ft.	$550,000	Airbnb cash on cash: -0.28% Traditional cash on cash: 2.15% Airbnb Rental Income: $1261 Traditional Rental Income: $2108 Airbnb ROI: -0.28% Traditional ROI: 2.15%
N11989 DEER LAKE RD Tomahawk, WI Welcome to your ultimate Northwoods retreat!Perfectly situated at Deer Lake w/ sand fronta...	2 beds \| 2 baths \| 2,518 sq.ft.	$630,000	Airbnb cash on cash: -0.5% Traditional cash on cash: 2.74% Airbnb Rental Income: $1261 Traditional Rental Income: $2763 Airbnb ROI: -0.5% Traditional ROI: 2.74%

Real Estate investment in Tomahawk, WI

There are 54 properties for sale in the city of Tomahawk . The median list price in Tomahawk is $465,000 and the average price per square foot is $226. In November 2025, the average monthly cash on cash return in Tomahawk is 4.00%. The average monthly rental income in Tomahawk is $2,621.

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

There are 54 investment properties available for sale in Tomahawk.

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

The ROI for Short-Term is higher than the Long-Term in Tomahawk with average rental income of $1,143.

Your search for investment property begins and ends here

Investment Property for Sale in Tomahawk, WI

9811 DEER TRAIL ROAD #3

Tomahawk, WI

3 beds | 3 baths | 2,490 sq.ft.

$465,000

Airbnb cash on cash: -0.03%

Traditional cash on cash: 6.19%

Airbnb Rental Income: $1143

Traditional Rental Income: $3470

Airbnb ROI: -0.03%

Traditional ROI: 6.19%

9811 DEER TRAIL ROAD #5

Tomahawk, WI

3 beds | 3 baths | 2,490 sq.ft.

$465,000

Airbnb cash on cash: -0.07%

Traditional cash on cash: 6.15%

Airbnb Rental Income: $1143

Traditional Rental Income: $3470

Airbnb ROI: -0.07%

Traditional ROI: 6.15%

914 MOHAWK DR E

Tomahawk, WI

2 beds | 1 baths | 1,568 sq.ft.

$200,000

Airbnb cash on cash: 2.11%

Traditional cash on cash: 6.51%

Airbnb Rental Income: $1261

Traditional Rental Income: $1697

Airbnb ROI: 2.11%

Traditional ROI: 6.51%

9811 DEER TRAIL ROAD #2

Tomahawk, WI

3 beds | 3 baths | 2,490 sq.ft.

$465,000

Airbnb cash on cash: -0.03%

Traditional cash on cash: 6.19%

Airbnb Rental Income: $1143

Traditional Rental Income: $3470

Airbnb ROI: -0.03%

Traditional ROI: 6.19%

9811 DEER TRAIL ROAD #4

Tomahawk, WI

3 beds | 3 baths | 2,490 sq.ft.

$465,000

Airbnb cash on cash: -0.05%

Traditional cash on cash: 6.16%

Airbnb Rental Income: $1143

Traditional Rental Income: $3470

Airbnb ROI: -0.05%

Traditional ROI: 6.16%

N11076 NORWAY LN

Tomahawk, WI

4 beds | 3 baths | 3,137 sq.ft.

$599,000

Airbnb cash on cash: -1.05%

Traditional cash on cash: 1.23%

Airbnb Rental Income: $844

Traditional Rental Income: $1793

Airbnb ROI: -1.05%

Traditional ROI: 1.23%

100 CHICAGO ISLAND

Tomahawk, WI

1 beds | 1 baths | 324 sq.ft.

$375,000

Airbnb cash on cash: N/A

Traditional cash on cash: 0.31%

Airbnb Rental Income: $null

Traditional Rental Income: $1198

Airbnb ROI: N/A

Traditional ROI: 0.31%

214 PINE RIDGE LN

Tomahawk, WI

3 beds | 2 baths | 1,512 sq.ft.

$250,000

Airbnb cash on cash: 0.95%

Traditional cash on cash: 3.54%

Airbnb Rental Income: $1143

Traditional Rental Income: $1376

Airbnb ROI: 0.95%