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

separator

PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
W8656 SILVER BIRCH RD Tomahawk, WI Custom-built cedar-sided chalet on the 1,600+ acre Spirit Flowage offering the perfect ble...	3 beds \| 3 baths \| N/A	$520,000	Airbnb cash on cash: 0.36% Traditional cash on cash: 3.21% Airbnb Rental Income: $1662 Traditional Rental Income: $2583 Airbnb ROI: 0.36% Traditional ROI: 3.21%
W4845 Mountain Dr Tomahawk, WI Log home living at its finest! Check out this beautiful home located on 38 acres with 1200...	5 beds \| 3 baths \| 5,714 sq.ft.	$1,100,000	Airbnb cash on cash: 0.25% Traditional cash on cash: 2.54% Airbnb Rental Income: $2618 Traditional Rental Income: $4337 Airbnb ROI: 0.25% Traditional ROI: 2.54%
10341 SOUTH RD Tomahawk, WI Beautiful country home with deeded access to Lake Nokomis offering the perfect mix of priv...	3 beds \| 2 baths \| N/A	$325,000	Airbnb cash on cash: 2.04% Traditional cash on cash: 5.38% Airbnb Rental Income: $1662 Traditional Rental Income: $2215 Airbnb ROI: 2.04% Traditional ROI: 5.38%
W1760 Harrison Flowage Rd Tomahawk, WI Situated on 1.2 acres in the Harrison Hills area, this log home offers 209 feet of flat fr...	3 beds \| 2 baths \| 2,758 sq.ft.	$648,000	Airbnb cash on cash: 0.28% Traditional cash on cash: 2.86% Airbnb Rental Income: $1662 Traditional Rental Income: $2752 Airbnb ROI: 0.28% Traditional ROI: 2.86%
W6098 E Stelling Rd Tomahawk, WI Welcome to Tranquil Acres, a truly one-of-a-kind Northwoods retreat offering 30-plus pictu...	2 beds \| 1 baths \| 1,100 sq.ft.	$500,000	Airbnb cash on cash: 0.49% Traditional cash on cash: 2.29% Airbnb Rental Income: $1331 Traditional Rental Income: $1761 Airbnb ROI: 0.49% Traditional ROI: 2.29%
W4761 Mable Frontage Rd Tomahawk, WI This charming move in ready lake house just outside of Tomahawk. Features 3 bd, 2 baths. S...	4 beds \| 2 baths \| 2,000 sq.ft.	$535,900	Airbnb cash on cash: 0.57% Traditional cash on cash: 3.77% Airbnb Rental Income: $1614 Traditional Rental Income: $2757 Airbnb ROI: 0.57% Traditional ROI: 3.77%
104 River St Tomahawk, WI Waterfront living without the price tag! This three bedroom home offers stunning waterfron...	3 beds \| 1 baths \| 1,623 sq.ft.	$232,000	Airbnb cash on cash: 3.33% Traditional cash on cash: 4.62% Airbnb Rental Income: $1662 Traditional Rental Income: $1479 Airbnb ROI: 3.33% Traditional ROI: 4.62%
503 Somo Ave E Tomahawk, WI Tomahawk city 3 bedroom, 1.5 bath home adjacent to large park and across from the Harley p...	3 beds \| 1 baths \| 1,416 sq.ft.	$194,900	Airbnb cash on cash: 3.15% Traditional cash on cash: 4.02% Airbnb Rental Income: $1662 Traditional Rental Income: $1358 Airbnb ROI: 3.15% Traditional ROI: 4.02%
28 Spirit Ave W Tomahawk, WI DECLARED TRADITION! 2.5 story with most of the original detail in tact. All the charms of ...	4 beds \| 3 baths \| 2,601 sq.ft.	$249,000	Airbnb cash on cash: 2.79% Traditional cash on cash: 9.6% Airbnb Rental Income: $1614 Traditional Rental Income: $2756 Airbnb ROI: 2.79% Traditional ROI: 9.6%
100 Chicago Is 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.	$379,900	Airbnb cash on cash: 0.15% Traditional cash on cash: 0.27% Airbnb Rental Income: $1614 Traditional Rental Income: $1198 Airbnb ROI: 0.15% Traditional ROI: 0.27%
W5807 Robinson Rd Tomahawk, WI Escape to the beauty of the Northwoods with this one-of-a-kind redwood and stone home near...	2 beds \| 2 baths \| 1,788 sq.ft.	$415,000	Airbnb cash on cash: 0.26% Traditional cash on cash: 3.73% Airbnb Rental Income: $1331 Traditional Rental Income: $2270 Airbnb ROI: 0.26% Traditional ROI: 3.73%
101 Hillcrest Dr Tomahawk, WI QUALITY 3 BEDROOM CITY HOME. Great location in the city but plenty of privacy for this tas...	3 beds \| 2 baths \| 2,020 sq.ft.	$339,000	Airbnb cash on cash: 1.7% Traditional cash on cash: 4.91% Airbnb Rental Income: $1662 Traditional Rental Income: $2218 Airbnb ROI: 1.7% Traditional ROI: 4.91%
2358 Lake Nokomis Rd Tomahawk, WI This one-of-a-kind property combines 3,000 sq ft of beautifully finished living space with...	3 beds \| 2 baths \| 3,000 sq.ft.	$395,000	Airbnb cash on cash: 1.55% Traditional cash on cash: 3.35% Airbnb Rental Income: $1662 Traditional Rental Income: $1864 Airbnb ROI: 1.55% Traditional ROI: 3.35%
11260 Bishop Ln Tomahawk, WI WELL KEPT KILLARNEY HOME. Come and check out this beautiful 3 bedroom 2 and a half bath on...	3 beds \| 2 baths \| 2,208 sq.ft.	$620,000	Airbnb cash on cash: 0.37% Traditional cash on cash: 3% Airbnb Rental Income: $1662 Traditional Rental Income: $2720 Airbnb ROI: 0.37% Traditional ROI: 3%
N11594 Woodland Dr Tomahawk, WI N11594 Woodland Dr, beautiful full squared log 4 bedroom 2 bath cabin. Open log home desig...	4 beds \| 2 baths \| 2,023 sq.ft.	$500,000	Airbnb cash on cash: 0.25% Traditional cash on cash: 3.77% Airbnb Rental Income: $1614 Traditional Rental Income: $2803 Airbnb ROI: 0.25% Traditional ROI: 3.77%
N11592 Woodland Dr Tomahawk, WI N11592 Woodland Dr, beautiful full squared log 4 bedroom 2 bath cabin. Open log home desig...	4 beds \| 2 baths \| 2,023 sq.ft.	$525,000	Airbnb cash on cash: 0.19% Traditional cash on cash: 3.54% Airbnb Rental Income: $1614 Traditional Rental Income: $2803 Airbnb ROI: 0.19% Traditional ROI: 3.54%
N11052 Terry Rd Tomahawk, WI NEW CONSTRUCTION ON WISCONSIN RIVER WITH ACCESS TO LAKE ALICE. This beautiful home sitting...	5 beds \| 3 baths \| 3,700 sq.ft.	$1,300,000	Airbnb cash on cash: -0.24% Traditional cash on cash: 1.76% Airbnb Rental Income: $2618 Traditional Rental Income: $4407 Airbnb ROI: -0.24% Traditional ROI: 1.76%
N11862 Klade Rd Tomahawk, WI Welcome to your Northwoods retreat! This charming 2 bed, 2 bath ranch sits on a peaceful, ...	2 beds \| 2 baths \| 1,120 sq.ft.	$215,000	Airbnb cash on cash: 2.75% Traditional cash on cash: 7.33% Airbnb Rental Income: $1331 Traditional Rental Income: $1854 Airbnb ROI: 2.75% Traditional ROI: 7.33%
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.	$499,000	Airbnb cash on cash: 0.51% Traditional cash on cash: 4.53% Airbnb Rental Income: $1662 Traditional Rental Income: $3071 Airbnb ROI: 0.51% Traditional ROI: 4.53%
N11480 Tomahawk River Rd Tomahawk, WI The seller LOVES the fishing here!! You may find him on one of the 2 newer docks, along wa...	3 beds \| 2 baths \| 1,664 sq.ft.	$349,900	Airbnb cash on cash: 1.78% Traditional cash on cash: 7.07% Airbnb Rental Income: $1662 Traditional Rental Income: $2935 Airbnb ROI: 1.78% Traditional ROI: 7.07%
10726 Lacanne Trl Tomahawk, WI Here's your chance to own a classic Northwoods retreat at an affordable price! The "Bambi"...	2 beds \| 1 baths \| 420 sq.ft.	$110,000	Airbnb cash on cash: 4.97% Traditional cash on cash: 9.29% Airbnb Rental Income: $1331 Traditional Rental Income: $1381 Airbnb ROI: 4.97% Traditional ROI: 9.29%
607 4th St N Tomahawk, WI 607 4th St N, Tomahawk, WI 54487 \| Multi Family	5 beds \| 4 baths \| 3,062 sq.ft.	$599,000	Airbnb cash on cash: -0.86% Traditional cash on cash: 2.56% Airbnb Rental Income: $1662 Traditional Rental Income: $3108 Airbnb ROI: -0.86% Traditional ROI: 2.56%
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.	$322,000	Airbnb cash on cash: 1.63% Traditional cash on cash: 4.23% Airbnb Rental Income: $1662 Traditional Rental Income: $1983 Airbnb ROI: 1.63% Traditional ROI: 4.23%
1908 SUMMER BREEZE LN #7 Tomahawk, WI Experience the best of Lake Nokomis living with this beautifully renovated 2 bedroom, 1 ba...	2 beds \| 1 baths \| N/A	$269,900	Airbnb cash on cash: -0.12% Traditional cash on cash: 3.39% Airbnb Rental Income: $1331 Traditional Rental Income: $1813 Airbnb ROI: -0.12% Traditional ROI: 3.39%
2439 Quiet Cove Rd Tomahawk, WI 2439 Quiet Cove Rd, Tomahawk, WI 54487 \| Other	N/A beds \| N/A baths \| 0 sq.ft.	$269,900	Airbnb cash on cash: N/A Traditional cash on cash: -1.25% Airbnb Rental Income: $null Traditional Rental Income: $494 Airbnb ROI: N/A Traditional ROI: -1.25%
9864 Buckhorn Rd Tomahawk, WI 9864 Buckhorn Rd, Tomahawk, WI 54487 \| Other	N/A beds \| N/A baths \| 0 sq.ft.	$156,750	Airbnb cash on cash: N/A Traditional cash on cash: -0.14% Airbnb Rental Income: $null Traditional Rental Income: $494 Airbnb ROI: N/A Traditional ROI: -0.14%
NEAR Wood Rd Tomahawk, WI NEAR Wood Rd, Tomahawk, WI 54487 \| Other	N/A beds \| N/A baths \| 0 sq.ft.	$64,900	Airbnb cash on cash: N/A Traditional cash on cash: 3.43% Airbnb Rental Income: $null Traditional Rental Income: $494 Airbnb ROI: N/A Traditional ROI: 3.43%
10736 Lacanne Trl Tomahawk, WI Escape to the beauty and tranquility of the Northwoods with the "Chipmunk" a 2-bedroom, 1-...	2 beds \| 1 baths \| 504 sq.ft.	$119,900	Airbnb cash on cash: 5.33% Traditional cash on cash: 9% Airbnb Rental Income: $1331 Traditional Rental Income: $1345 Airbnb ROI: 5.33% Traditional ROI: 9%
227 Merrill Ave Ave W Tomahawk, WI 227 Merrill Ave Ave W, Tomahawk, WI 54487 \| Single Family Residential	5 beds \| 2 baths \| 2,859 sq.ft.	$290,000	Airbnb cash on cash: 4.13% Traditional cash on cash: 4.84% Airbnb Rental Income: $2618 Traditional Rental Income: $2188 Airbnb ROI: 4.13% Traditional ROI: 4.84%
#10 Lacanne Trl Tomahawk, WI #10 Lacanne Trl, Tomahawk, WI 54487 \| Other	N/A beds \| N/A baths \| 600 sq.ft.	$69,500	Airbnb cash on cash: N/A Traditional cash on cash: 3.04% Airbnb Rental Income: $null Traditional Rental Income: $494 Airbnb ROI: N/A Traditional ROI: 3.04%
ON Cth Y Tomahawk, WI ON Cth Y, Tomahawk, WI 54487 \| Other	N/A beds \| N/A baths \| N/A	$24,900	Airbnb cash on cash: N/A Traditional cash on cash: 11.84% Airbnb Rental Income: $null Traditional Rental Income: $494 Airbnb ROI: N/A Traditional ROI: 11.84%
ON Cth Y Lot 8 WILL Tomahawk, WI ON Cth Y Lot 8, Tomahawk, WI 54487 \| Other	N/A beds \| N/A baths \| N/A	$55,240	Airbnb cash on cash: N/A Traditional cash on cash: 4.44% Airbnb Rental Income: $null Traditional Rental Income: $494 Airbnb ROI: N/A Traditional ROI: 4.44%

Real Estate investment in Tomahawk, WI

There are 129 properties for sale in the city of Tomahawk . The median list price in Tomahawk is $225,765 and the average price per square foot is $226. In September 2026, the average monthly cash on cash return in Tomahawk is 3.00%. The average monthly rental income in Tomahawk is $1,401.

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

There are 129 investment properties available for sale in Tomahawk.

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

The ROI for Long-Term is higher than the Short-Term in Tomahawk with average rental income of $1,401.

Your search for investment property begins and ends here

Investment Property for Sale in Tomahawk, WI

W8656 SILVER BIRCH RD

Tomahawk, WI

3 beds | 3 baths | N/A

$520,000

Airbnb cash on cash: 0.36%

Traditional cash on cash: 3.21%

Airbnb Rental Income: $1662

Traditional Rental Income: $2583

Airbnb ROI: 0.36%

Traditional ROI: 3.21%

W4845 Mountain Dr

Tomahawk, WI

5 beds | 3 baths | 5,714 sq.ft.

$1,100,000

Airbnb cash on cash: 0.25%

Traditional cash on cash: 2.54%

Airbnb Rental Income: $2618

Traditional Rental Income: $4337

Airbnb ROI: 0.25%

Traditional ROI: 2.54%

10341 SOUTH RD

Tomahawk, WI

3 beds | 2 baths | N/A

$325,000

Airbnb cash on cash: 2.04%

Traditional cash on cash: 5.38%

Airbnb Rental Income: $1662

Traditional Rental Income: $2215

Airbnb ROI: 2.04%

Traditional ROI: 5.38%

W1760 Harrison Flowage Rd

Tomahawk, WI

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

$648,000

Airbnb cash on cash: 0.28%

Traditional cash on cash: 2.86%

Airbnb Rental Income: $1662

Traditional Rental Income: $2752

Airbnb ROI: 0.28%

Traditional ROI: 2.86%

W6098 E Stelling Rd

Tomahawk, WI

2 beds | 1 baths | 1,100 sq.ft.

$500,000

Airbnb cash on cash: 0.49%

Traditional cash on cash: 2.29%

Airbnb Rental Income: $1331

Traditional Rental Income: $1761

Airbnb ROI: 0.49%

Traditional ROI: 2.29%

W4761 Mable Frontage Rd

Tomahawk, WI

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

$535,900

Airbnb cash on cash: 0.57%

Traditional cash on cash: 3.77%

Airbnb Rental Income: $1614

Traditional Rental Income: $2757

Airbnb ROI: 0.57%

Traditional ROI: 3.77%

104 River St

Tomahawk, WI

3 beds | 1 baths | 1,623 sq.ft.

$232,000

Airbnb cash on cash: 3.33%

Traditional cash on cash: 4.62%

Airbnb Rental Income: $1662

Traditional Rental Income: $1479

Airbnb ROI: 3.33%

Traditional ROI: 4.62%

503 Somo Ave E

Tomahawk, WI

3 beds | 1 baths | 1,416 sq.ft.

$194,900

Airbnb cash on cash: 3.15%

Traditional cash on cash: 4.02%

Airbnb Rental Income: $1662

Traditional Rental Income: $1358

Airbnb ROI: 3.15%