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
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: 0.33% Traditional cash on cash: 3.21% Airbnb Rental Income: $1649 Traditional Rental Income: $2583 Airbnb ROI: 0.33% 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 \| 4 baths \| N/A	$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: 2.01% Traditional cash on cash: 5.38% Airbnb Rental Income: $1649 Traditional Rental Income: $2215 Airbnb ROI: 2.01% Traditional ROI: 5.38%
W1760 HARRISON FLOWAGE ROAD 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: 0.27% Traditional cash on cash: 2.86% Airbnb Rental Income: $1649 Traditional Rental Income: $2752 Airbnb ROI: 0.27% Traditional ROI: 2.86%
W6098 STELLING RD E Tomahawk, WI Welcome to Tranquil Acres, a truly one-of-a-kind Northwoods retreat offering 30-plus pictu...	2 beds \| 1 baths \| N/A	$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 \| N/A	$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%
2521 LAKE NOKOMIS RD Tomahawk, WI Exceptional quality, acreage, and year-round recreation come together at this beautifully ...	4 beds \| 4 baths \| N/A	$699,000	Airbnb cash on cash: -0.1% Traditional cash on cash: 1.99% Airbnb Rental Income: $1614 Traditional Rental Income: $2516 Airbnb ROI: -0.1% Traditional ROI: 1.99%
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.	$379,900	Airbnb cash on cash: 0.18% Traditional cash on cash: 0.27% Airbnb Rental Income: $1626 Traditional Rental Income: $1198 Airbnb ROI: 0.18% 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 \| 3 baths \| N/A	$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%
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: 1.52% Traditional cash on cash: 3.35% Airbnb Rental Income: $1649 Traditional Rental Income: $1864 Airbnb ROI: 1.52% Traditional ROI: 3.35%
9537 SPILLMAN LN Tomahawk, WI Beautifully updated and meticulously maintained, this stunning waterfront retreat on Lake ...	4 beds \| 3 baths \| N/A	$1,150,000	Airbnb cash on cash: -0.5% Traditional cash on cash: 1.69% Airbnb Rental Income: $1614 Traditional Rental Income: $3501 Airbnb ROI: -0.5% Traditional ROI: 1.69%
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 \| N/A	$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 \| N/A	$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 \| 4 baths \| N/A	$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%
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 \| N/A	$649,900	Airbnb cash on cash: 0.15% Traditional cash on cash: 3.26% Airbnb Rental Income: $1649 Traditional Rental Income: $3071 Airbnb ROI: 0.15% Traditional ROI: 3.26%
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 \| 3 baths \| N/A	$349,900	Airbnb cash on cash: 1.75% Traditional cash on cash: 7.07% Airbnb Rental Income: $1649 Traditional Rental Income: $2935 Airbnb ROI: 1.75% 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 \| N/A	$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: -0.88% Traditional cash on cash: 2.56% Airbnb Rental Income: $1649 Traditional Rental Income: $3108 Airbnb ROI: -0.88% 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 \| N/A	$322,000	Airbnb cash on cash: 1.59% Traditional cash on cash: 4.23% Airbnb Rental Income: $1649 Traditional Rental Income: $1983 Airbnb ROI: 1.59% 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%
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 \| N/A	$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%
2004 THE POINT RD E Tomahawk, WI Wake up to breathtaking sunrises and moonrises over the big water on beautiful Lake Nokomi...	3 beds \| 1 baths \| N/A	$554,900	Airbnb cash on cash: 0.5% Traditional cash on cash: 1.87% Airbnb Rental Income: $1649 Traditional Rental Income: $1896 Airbnb ROI: 0.5% Traditional ROI: 1.87%
N9015 DEER TR Tomahawk, WI Great Camp getaway property, with over 200 feet of frontage on the Spirit River Flowage. C...	2 beds \| 1 baths \| N/A	$115,000	Airbnb cash on cash: 5.57% Traditional cash on cash: 11.92% Airbnb Rental Income: $1331 Traditional Rental Income: $1626 Airbnb ROI: 5.57% Traditional ROI: 11.92%
N11975 CTH Y Tomahawk, WI Opportunity to own a fully renovated home on the highly desirable Lake Nokomis Chain. This...	2 beds \| 2 baths \| N/A	$749,900	Airbnb cash on cash: -0.4% Traditional cash on cash: 1.51% Airbnb Rental Income: $1331 Traditional Rental Income: $2256 Airbnb ROI: -0.4% Traditional ROI: 1.51%
N11852 RAPEL RD Tomahawk, WI Enjoy lake life on the highly desirable Lake Nokomis chain with this 3-bedroom cabin locat...	3 beds \| 1 baths \| N/A	$475,000	Airbnb cash on cash: 0.82% Traditional cash on cash: 2.32% Airbnb Rental Income: $1649 Traditional Rental Income: $1851 Airbnb ROI: 0.82% Traditional ROI: 2.32%
N11812 DEER LAKE RD E Tomahawk, WI THE ULTIMATE LAKESIDE LODGE: SPACE, SERENITY, & SUPERIOR CRAFTSMANSHIP. If you need a spac...	4 beds \| 3 baths \| N/A	$600,000	Airbnb cash on cash: 0.08% Traditional cash on cash: 3.6% Airbnb Rental Income: $1614 Traditional Rental Income: $3128 Airbnb ROI: 0.08% Traditional ROI: 3.6%
10727 LACANNE TRL Tomahawk, WI Looking for a cozy Lakeside Condo with classic Northwoods charm? Look no further. The "Eag...	1 beds \| 1 baths \| N/A	$95,900	Airbnb cash on cash: 4.31% Traditional cash on cash: 4.03% Airbnb Rental Income: $1626 Traditional Rental Income: $1140 Airbnb ROI: 4.31% Traditional ROI: 4.03%
N10169 LAKEVIEW DR Tomahawk, WI Experience exceptional Northwoods lake living on beautiful Lake Alice with 103 feet of lev...	3 beds \| 3 baths \| N/A	$950,000	Airbnb cash on cash: -0.29% Traditional cash on cash: 1.8% Airbnb Rental Income: $1649 Traditional Rental Income: $3038 Airbnb ROI: -0.29% Traditional ROI: 1.8%
105 HICKEY AVE E Tomahawk, WI Exceptional investment opportunity on the shores of Lake Mohawksin! Lake Mohawksin Shores ...	5 beds \| 3 baths \| N/A	$549,900	Airbnb cash on cash: 1.9% Traditional cash on cash: 4.54% Airbnb Rental Income: $2618 Traditional Rental Income: $3348 Airbnb ROI: 1.9% Traditional ROI: 4.54%
101 HICKEY AVE E Tomahawk, WI Exceptional investment opportunity on the shores of Lake Mohawksin! Lake Mohawksin Shores ...	5 beds \| 3 baths \| N/A	$600,000	Airbnb cash on cash: 1.63% Traditional cash on cash: 4.05% Airbnb Rental Income: $2618 Traditional Rental Income: $3348 Airbnb ROI: 1.63% Traditional ROI: 4.05%
2095 NANCY DR Tomahawk, WI Lake Nokomis perfection! This home and property features everything you need for lake livi...	5 beds \| 6 baths \| N/A	$1,850,000	Airbnb cash on cash: -0.28% Traditional cash on cash: 2.67% Airbnb Rental Income: $2618 Traditional Rental Income: $7061 Airbnb ROI: -0.28% Traditional ROI: 2.67%

Real Estate investment in Tomahawk, WI

There are 84 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 $349. In July 2026, the average monthly cash on cash return in Tomahawk is 3.00%. The average monthly rental income in Tomahawk is $1,554.

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

There are 84 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 $1,554.

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: 0.33%

Traditional cash on cash: 3.21%

Airbnb Rental Income: $1649

Traditional Rental Income: $2583

Airbnb ROI: 0.33%

Traditional ROI: 3.21%

W4845 MOUNTAIN DR

Tomahawk, WI

5 beds | 4 baths | N/A

$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: 2.01%

Traditional cash on cash: 5.38%

Airbnb Rental Income: $1649

Traditional Rental Income: $2215

Airbnb ROI: 2.01%

Traditional ROI: 5.38%

W1760 HARRISON FLOWAGE ROAD

Tomahawk, WI

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

$648,000

Airbnb cash on cash: 0.27%

Traditional cash on cash: 2.86%

Airbnb Rental Income: $1649

Traditional Rental Income: $2752

Airbnb ROI: 0.27%

Traditional ROI: 2.86%

W6098 STELLING RD E

Tomahawk, WI

2 beds | 1 baths | N/A

$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 | N/A

$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%

2521 LAKE NOKOMIS RD

Tomahawk, WI

4 beds | 4 baths | N/A

$699,000

Airbnb cash on cash: -0.1%

Traditional cash on cash: 1.99%

Airbnb Rental Income: $1614

Traditional Rental Income: $2516

Airbnb ROI: -0.1%

Traditional ROI: 1.99%

100 CHICAGO ISLAND

Tomahawk, WI

1 beds | 1 baths | 324 sq.ft.

$379,900

Airbnb cash on cash: 0.18%

Traditional cash on cash: 0.27%

Airbnb Rental Income: $1626

Traditional Rental Income: $1198

Airbnb ROI: 0.18%