Real Estate Investment Properties for Sale in Waukesha, WI

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

Explore a variety of short-term homes & houses in Waukesha, WI. Invest wisely with VRBO & Waukesha, WI Airbnb properties available for purchase. Find your ideal investment property among our curated listings for a rewarding real estate venture.

Arp Investment Property for Sale in Waukesha, WI

Search for Arp Investment Property for Sale in Waukesha, Wisconsin. Browse all of Mashvisor’s Arp Investment Property listings and other investment property types including Single Family Homes, Multi Family Homes, Condos, Townhouses and Other Homes.

Showing 63 Arp Investment Property listings of over 500,000 total investment properties for sale. Visit Mashvisor.com to all investment properties.

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
608 N Grandview Boulevard Waukesha, WI Whimsical and unique, this 1930s tiny home has been beautifully renovated to offer modern ...	1 beds \| 1 baths \| 500 sq.ft.	$185,000	Airbnb cash on cash: 3.95% Traditional cash on cash: 2.81% Airbnb Rental Income: $1575 Traditional Rental Income: $922 Airbnb ROI: 3.95% Traditional ROI: 2.81%
1616 Hunter Rd Waukesha, WI Discover this spacious 4-bedroom home in the sought-after Deer Path neighborhood, offering...	4 beds \| 4 baths \| 2,916 sq.ft.	$565,000	Airbnb cash on cash: 2.33% Traditional cash on cash: 4.16% Airbnb Rental Income: $3250 Traditional Rental Income: $3486 Airbnb ROI: 2.33% Traditional ROI: 4.16%
2207 Norwood Dr Waukesha, WI Spacious 4 Bedroom 2 Bathroom Home Conveniently Located just blocks away from Lowell Park ...	4 beds \| 2 baths \| 1,703 sq.ft.	$344,900	Airbnb cash on cash: 5% Traditional cash on cash: 4.65% Airbnb Rental Income: $3250 Traditional Rental Income: $2406 Airbnb ROI: 5% Traditional ROI: 4.65%
1906 Marliz Dr Waukesha, WI Beautifully updated with Open concept floor plan! Soaring ceilings in the Great RM with GF...	3 beds \| 2 baths \| 1,449 sq.ft.	$399,900	Airbnb cash on cash: 1.76% Traditional cash on cash: 3.67% Airbnb Rental Income: $2124 Traditional Rental Income: $2296 Airbnb ROI: 1.76% Traditional ROI: 3.67%
W249s6145 Deerfield Cir Waukesha, WI Tucked away on just under 2 acres of stunning, private wooded land, this home offers a rar...	4 beds \| 3 baths \| 3,079 sq.ft.	$714,900	Airbnb cash on cash: 1.97% Traditional cash on cash: 2.99% Airbnb Rental Income: $3250 Traditional Rental Income: $3205 Airbnb ROI: 1.97% Traditional ROI: 2.99%
1424 White Deer Trail Waukesha, WI A masterpiece is design, light and space, this magnificent home combines the exquisite com...	4 beds \| 4 baths \| 3,500 sq.ft.	$975,000	Airbnb cash on cash: 0.46% Traditional cash on cash: 2.03% Airbnb Rental Income: $3250 Traditional Rental Income: $3947 Airbnb ROI: 0.46% Traditional ROI: 2.03%
1909 Mallard Pointe Cir #C Waukesha, WI Stylish and tastefully updated 3 bedroom condo in the heart of Waukesha! The kitchen and l...	3 beds \| 3 baths \| 1,576 sq.ft.	$324,900	Airbnb cash on cash: 2.77% Traditional cash on cash: 6.06% Airbnb Rental Income: $2124 Traditional Rental Income: $2586 Airbnb ROI: 2.77% Traditional ROI: 6.06%
N31w22134 Green Rd Waukesha, WI This beautifully renovated 4 BD/2.5 BA located in the top-rated Pewaukee school district i...	4 beds \| 3 baths \| 2,450 sq.ft.	$569,900	Airbnb cash on cash: 2.77% Traditional cash on cash: 3.17% Airbnb Rental Income: $3250 Traditional Rental Income: $2732 Airbnb ROI: 2.77% Traditional ROI: 3.17%
2824 Burton Dr Waukesha, WI Beautiful, Inviting 4-bedroom, 2.5-bath home with vaulted ceilings and a spacious, functio...	4 beds \| 3 baths \| 2,486 sq.ft.	$499,900	Airbnb cash on cash: 2.71% Traditional cash on cash: 2.68% Airbnb Rental Income: $3250 Traditional Rental Income: $2503 Airbnb ROI: 2.71% Traditional ROI: 2.68%
21595 Doneswood Dr Waukesha, WI Stunning and spacious midcentury ranch overlooking lovely tree-lined street in coveted Bro...	3 beds \| 2 baths \| 1,700 sq.ft.	$445,000	Airbnb cash on cash: 1.86% Traditional cash on cash: 2.91% Airbnb Rental Income: $2124 Traditional Rental Income: $2017 Airbnb ROI: 1.86% Traditional ROI: 2.91%
Lt27 White Oak Way Waukesha, WI This home is a representation of the starting price to build in Skyline for the home, lot,...	5 beds \| 3 baths \| 2,200 sq.ft.	$581,900	Airbnb cash on cash: N/A Traditional cash on cash: 3.84% Airbnb Rental Income: $null Traditional Rental Income: $2946 Airbnb ROI: N/A Traditional ROI: 3.84%
Lt26 White Oak Way Waukesha, WI This home is a representation of the starting price to build in Skyline for the home, lot,...	3 beds \| 2 baths \| 1,805 sq.ft.	$566,390	Airbnb cash on cash: 1.4% Traditional cash on cash: 3.13% Airbnb Rental Income: $2124 Traditional Rental Income: $2495 Airbnb ROI: 1.4% Traditional ROI: 3.13%
713 Panorama Dr Waukesha, WI Generously sized and simplified everyday living spaces are at the heart of this open-conce...	3 beds \| 2 baths \| 1,805 sq.ft.	$698,900	Airbnb cash on cash: 0.91% Traditional cash on cash: 2.31% Airbnb Rental Income: $2124 Traditional Rental Income: $2495 Airbnb ROI: 0.91% Traditional ROI: 2.31%
2127 Bluestem Dr #0101 Waukesha, WI Located less than 5 minutes off I-94 this condominium is MOVE-IN-READY. This ranch style c...	2 beds \| 2 baths \| 1,600 sq.ft.	$611,900	Airbnb cash on cash: 0.19% Traditional cash on cash: 2.95% Airbnb Rental Income: $1377 Traditional Rental Income: $2536 Airbnb ROI: 0.19% Traditional ROI: 2.95%
2125 Bluestem Dr #0102 Waukesha, WI Located less than 5 minutes off I-94 this condominium is MOVE-IN-READY. This ranch style c...	2 beds \| 2 baths \| 1,600 sq.ft.	$611,900	Airbnb cash on cash: 0.19% Traditional cash on cash: 2.95% Airbnb Rental Income: $1377 Traditional Rental Income: $2536 Airbnb ROI: 0.19% Traditional ROI: 2.95%
2119 Bluestem Dr #0201 Waukesha, WI Located less than 5 minutes off I-94 this condominium is MOVE-IN-READY. This ranch style c...	2 beds \| 2 baths \| 1,600 sq.ft.	$615,900	Airbnb cash on cash: 0.18% Traditional cash on cash: 2.92% Airbnb Rental Income: $1377 Traditional Rental Income: $2536 Airbnb ROI: 0.18% Traditional ROI: 2.92%
2117 Bluestem Dr #0202 Waukesha, WI Located less than 5 minutes off I-94 this condominium is MOVE-IN-READY. This ranch style c...	2 beds \| 2 baths \| 1,600 sq.ft.	$615,900	Airbnb cash on cash: 0.18% Traditional cash on cash: 2.92% Airbnb Rental Income: $1377 Traditional Rental Income: $2536 Airbnb ROI: 0.18% Traditional ROI: 2.92%
2106 Bluestem Dr #1301 Waukesha, WI Located less than 5 minutes off I-94 this condominium is MOVE-IN-READY. This ranch style c...	2 beds \| 2 baths \| 1,600 sq.ft.	$636,900	Airbnb cash on cash: 0.14% Traditional cash on cash: 2.79% Airbnb Rental Income: $1377 Traditional Rental Income: $2536 Airbnb ROI: 0.14% Traditional ROI: 2.79%
2108 Bluestem Dr #1302 Waukesha, WI Located less than 5 minutes off I-94 this condominium is MOVE-IN-READY. This ranch style c...	2 beds \| 2 baths \| 1,600 sq.ft.	$636,900	Airbnb cash on cash: 0.14% Traditional cash on cash: 2.79% Airbnb Rental Income: $1377 Traditional Rental Income: $2536 Airbnb ROI: 0.14% Traditional ROI: 2.79%
N19w22081 Fox View Ct #2B Waukesha, WI Affordable Luxury Living! Enjoy the peaceful wooded area surrounding this end unit. Just ...	2 beds \| 4 baths \| 4,329 sq.ft.	$849,900	Airbnb cash on cash: -0.56% Traditional cash on cash: 2.6% Airbnb Rental Income: $1377 Traditional Rental Income: $3455 Airbnb ROI: -0.56% Traditional ROI: 2.6%
S51w29202 Ridgefield Rd Waukesha, WI Custom designed and built by Hickory Hill Homes! 230 feet of frontage on Saylesville Pond!...	4 beds \| 5 baths \| 4,917 sq.ft.	$1,399,500	Airbnb cash on cash: 0.26% Traditional cash on cash: 2.45% Airbnb Rental Income: $3250 Traditional Rental Income: $5366 Airbnb ROI: 0.26% Traditional ROI: 2.45%
S64w22000 National Ave Waukesha, WI Incredible opportunity in the Village of Vernon--14.75 acres of versatile land currently u...	3 beds \| 2 baths \| 1,600 sq.ft.	$1,250,000	Airbnb cash on cash: -0.07% Traditional cash on cash: 0.68% Airbnb Rental Income: $2124 Traditional Rental Income: $2448 Airbnb ROI: -0.07% Traditional ROI: 0.68%
443 Dunbar Ave Waukesha, WI Cozy 2-bedroom, 1-bath home in a convenient Waukesha location just blocks from Les Paul Mi...	2 beds \| 1 baths \| 761 sq.ft.	$197,900	Airbnb cash on cash: 2.3% Traditional cash on cash: 4.12% Airbnb Rental Income: $1377 Traditional Rental Income: $1300 Airbnb ROI: 2.3% Traditional ROI: 4.12%
314 Coolidge Ave Waukesha, WI Tenant lease ends January 1, 2026. Current rent is $1,500. Pride of ownership is evident t...	3 beds \| 2 baths \| 1,363 sq.ft.	$335,900	Airbnb cash on cash: 2.78% Traditional cash on cash: 4.26% Airbnb Rental Income: $2124 Traditional Rental Income: $2050 Airbnb ROI: 2.78% Traditional ROI: 4.26%
2202 Lander Ln Waukesha, WI NEW ROOF July 2025! Always have had a dry basement. Welcome home to this beautifully maint...	3 beds \| 3 baths \| 2,376 sq.ft.	$437,000	Airbnb cash on cash: 1.15% Traditional cash on cash: 4.14% Airbnb Rental Income: $2124 Traditional Rental Income: $2803 Airbnb ROI: 1.15% Traditional ROI: 4.14%
3744 Stillwater Cir Waukesha, WI Welcome to this exceptional home in the desirable Rivers Crossing Subdivision, known for i...	3 beds \| 3 baths \| 2,705 sq.ft.	$525,000	Airbnb cash on cash: 0.94% Traditional cash on cash: 4.01% Airbnb Rental Income: $2124 Traditional Rental Income: $3087 Airbnb ROI: 0.94% Traditional ROI: 4.01%
3817 White Oak Way Waukesha, WI The Bristol's impressive two-story gathering room makes an immediate impact as you enter t...	3 beds \| 3 baths \| 2,216 sq.ft.	$663,900	Airbnb cash on cash: 1.03% Traditional cash on cash: 3.35% Airbnb Rental Income: $2124 Traditional Rental Income: $3018 Airbnb ROI: 1.03% Traditional ROI: 3.35%
805 Viewpoint Ave Waukesha, WI The Skylar, Plan 2210 makes the most of everyday living spaces. This 2-story home includes...	4 beds \| 3 baths \| 2,210 sq.ft.	$702,900	Airbnb cash on cash: 2.37% Traditional cash on cash: 3.19% Airbnb Rental Income: $3250 Traditional Rental Income: $3054 Airbnb ROI: 2.37% Traditional ROI: 3.19%
801 Viewpoint Dr Waukesha, WI This unique living space includes everything that a family needs - a kitchen with plenty o...	4 beds \| 3 baths \| 2,350 sq.ft.	$671,900	Airbnb cash on cash: 2.46% Traditional cash on cash: 3.38% Airbnb Rental Income: $3250 Traditional Rental Income: $3092 Airbnb ROI: 2.46% Traditional ROI: 3.38%
804 Viewpoint Ave Waukesha, WI This split-bedroom ranch home provides ample elbow room due to its open nature. The oversi...	3 beds \| 2 baths \| 1,809 sq.ft.	$670,900	Airbnb cash on cash: 1% Traditional cash on cash: 2.7% Airbnb Rental Income: $2124 Traditional Rental Income: $2644 Airbnb ROI: 1% Traditional ROI: 2.7%
735 E Wabash Avenue Waukesha, WI Don't miss this well maintained 4 bedroom, 2 bathroom home with plenty of updates througho...	4 beds \| 2 baths \| 2,542 sq.ft.	$479,000	Airbnb cash on cash: 3.05% Traditional cash on cash: 3.39% Airbnb Rental Income: $3250 Traditional Rental Income: $2669 Airbnb ROI: 3.05% Traditional ROI: 3.39%
1981 Foxcroft Ln Waukesha, WI Spacious & well-built 4BR/3.5BA Colonial in sought-after Deer Path on 1/3 acre! Flex den/o...	4 beds \| 4 baths \| 3,240 sq.ft.	$619,900	Airbnb cash on cash: 2.08% Traditional cash on cash: 4.23% Airbnb Rental Income: $3250 Traditional Rental Income: $3760 Airbnb ROI: 2.08% Traditional ROI: 4.23%
1210 Woodbury Cmn #C Waukesha, WI Welcome home! Tucked at the end of a quiet dead-end, this private first-floor condo offers...	3 beds \| 3 baths \| 2,200 sq.ft.	$345,000	Airbnb cash on cash: 2.52% Traditional cash on cash: 6.83% Airbnb Rental Income: $2124 Traditional Rental Income: $2979 Airbnb ROI: 2.52% Traditional ROI: 6.83%
2137 Melody Ln Waukesha, WI Charming 3-bedroom, 1.5-bath ranch featuring a spacious eat-in kitchen, separate dining ro...	3 beds \| 2 baths \| 1,940 sq.ft.	$369,000	Airbnb cash on cash: 2.1% Traditional cash on cash: 4.7% Airbnb Rental Income: $2124 Traditional Rental Income: $2481 Airbnb ROI: 2.1% Traditional ROI: 4.7%
1040 River Place Blvd #4 Waukesha, WI Experience single-floor open-concept living in this beautiful move-in-ready upper unit, fe...	3 beds \| 2 baths \| 1,595 sq.ft.	$308,900	Airbnb cash on cash: 2.79% Traditional cash on cash: 5.71% Airbnb Rental Income: $2124 Traditional Rental Income: $2431 Airbnb ROI: 2.79% Traditional ROI: 5.71%
507 Rawlins Dr Waukesha, WI You'll fall in love the moment you see this updated colonial! The curb appeal is timeless ...	4 beds \| 2 baths \| 2,479 sq.ft.	$479,900	Airbnb cash on cash: 3.39% Traditional cash on cash: 3.74% Airbnb Rental Income: $3250 Traditional Rental Income: $2675 Airbnb ROI: 3.39% Traditional ROI: 3.74%
2600 Whitby Ct Waukesha, WI Spacious 4BR, 2.5BA home with freshly painted exterior (Summer 2025), nestled on a cul-de-...	4 beds \| 3 baths \| 2,505 sq.ft.	$525,000	Airbnb cash on cash: 2.56% Traditional cash on cash: 3.73% Airbnb Rental Income: $3250 Traditional Rental Income: $3096 Airbnb ROI: 2.56% Traditional ROI: 3.73%
2844 Fox Lake Cir #101 Waukesha, WI Beautiful 2bed 2bath 1st floor condo in Waukesha! Built in 2022 by Kings Way, you'll love ...	2 beds \| 2 baths \| 1,632 sq.ft.	$455,000	Airbnb cash on cash: -0.31% Traditional cash on cash: 3.59% Airbnb Rental Income: $1377 Traditional Rental Income: $2620 Airbnb ROI: -0.31% Traditional ROI: 3.59%
1505 Fox River Pkwy Waukesha, WI Beautiful and well-maintained 3-bedroom, 2.5-bath house offering a perfect blend of comfor...	3 beds \| 3 baths \| 1,750 sq.ft.	$369,000	Airbnb cash on cash: 2.1% Traditional cash on cash: 5.13% Airbnb Rental Income: $2124 Traditional Rental Income: $2629 Airbnb ROI: 2.1% Traditional ROI: 5.13%

Your search for investment property begins and ends here

Arp Investment Property for Sale in Waukesha, WI

608 N Grandview Boulevard

Waukesha, WI

1 beds | 1 baths | 500 sq.ft.

$185,000

Airbnb cash on cash: 3.95%

Traditional cash on cash: 2.81%

Airbnb Rental Income: $1575

Traditional Rental Income: $922

Airbnb ROI: 3.95%

Traditional ROI: 2.81%

1616 Hunter Rd

Waukesha, WI

4 beds | 4 baths | 2,916 sq.ft.

$565,000

Airbnb cash on cash: 2.33%

Traditional cash on cash: 4.16%

Airbnb Rental Income: $3250

Traditional Rental Income: $3486

Airbnb ROI: 2.33%

Traditional ROI: 4.16%

2207 Norwood Dr

Waukesha, WI

4 beds | 2 baths | 1,703 sq.ft.

$344,900

Airbnb cash on cash: 5%

Traditional cash on cash: 4.65%

Airbnb Rental Income: $3250

Traditional Rental Income: $2406

Airbnb ROI: 5%

Traditional ROI: 4.65%

1906 Marliz Dr

Waukesha, WI

3 beds | 2 baths | 1,449 sq.ft.

$399,900

Airbnb cash on cash: 1.76%

Traditional cash on cash: 3.67%

Airbnb Rental Income: $2124

Traditional Rental Income: $2296

Airbnb ROI: 1.76%

Traditional ROI: 3.67%

W249s6145 Deerfield Cir

Waukesha, WI

4 beds | 3 baths | 3,079 sq.ft.

$714,900

Airbnb cash on cash: 1.97%

Traditional cash on cash: 2.99%

Airbnb Rental Income: $3250

Traditional Rental Income: $3205

Airbnb ROI: 1.97%

Traditional ROI: 2.99%

1424 White Deer Trail

Waukesha, WI

4 beds | 4 baths | 3,500 sq.ft.

$975,000

Airbnb cash on cash: 0.46%

Traditional cash on cash: 2.03%

Airbnb Rental Income: $3250

Traditional Rental Income: $3947

Airbnb ROI: 0.46%

Traditional ROI: 2.03%

1909 Mallard Pointe Cir #C

Waukesha, WI

3 beds | 3 baths | 1,576 sq.ft.

$324,900

Airbnb cash on cash: 2.77%

Traditional cash on cash: 6.06%

Airbnb Rental Income: $2124

Traditional Rental Income: $2586

Airbnb ROI: 2.77%

Traditional ROI: 6.06%

N31w22134 Green Rd

Waukesha, WI

4 beds | 3 baths | 2,450 sq.ft.

$569,900

Airbnb cash on cash: 2.77%

Traditional cash on cash: 3.17%

Airbnb Rental Income: $3250

Traditional Rental Income: $2732

Airbnb ROI: 2.77%