Real Estate Investment Properties for Sale in Wallowa, OR

Looking for investment property in Wallowa, OR with high ROI ?

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

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
203 N Alder St Wallowa, OR This beautiful Farmhouse sits proudly on a large corner lot in the small quaint town of Wa...	4 beds \| 2 baths \| 2,349 sq.ft.	$509,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.23% Airbnb Rental Income: $null Traditional Rental Income: $2754 Airbnb ROI: N/A Traditional ROI: 4.23%
506 S HOLMES St Wallowa, OR Very well cared for 3 bedrooms and 2.5 bathrooms on 10.46 acres. The home and land are ver...	3 beds \| 2 baths \| N/A	$680,000	Airbnb cash on cash: N/A Traditional cash on cash: 2.54% Airbnb Rental Income: $null Traditional Rental Income: $2570 Airbnb ROI: N/A Traditional ROI: 2.54%
402 3rd St Wallowa, OR New Comp Roof, New exterior paint, 2 Bedroom 1 Bath main floor. Covered patio. Bonus Room ...	3 beds \| 2 baths \| 2,120 sq.ft.	$365,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.93% Airbnb Rental Income: $null Traditional Rental Income: $1927 Airbnb ROI: N/A Traditional ROI: 3.93%
302 S Alder St Wallowa, OR Charming Remodeled Farmhouse in the Heart of Wallowa - A True Country Gem! Situated at the...	3 beds \| 2 baths \| 1,316 sq.ft.	$339,500	Airbnb cash on cash: N/A Traditional cash on cash: 7.28% Airbnb Rental Income: $null Traditional Rental Income: $2827 Airbnb ROI: N/A Traditional ROI: 7.28%
107 W 4th St Wallowa, OR This recently remodeled home sits on a large double corner lot. The living room has tall c...	3 beds \| 1 baths \| 996 sq.ft.	$294,000	Airbnb cash on cash: N/A Traditional cash on cash: 6.17% Airbnb Rental Income: $null Traditional Rental Income: $2171 Airbnb ROI: N/A Traditional ROI: 6.17%
Cabin Wallowa, OR Cabin, Wallowa, OR 97885 \| Other	N/A beds \| N/A baths \| N/A	$350,000	Airbnb cash on cash: N/A Traditional cash on cash: 0.55% Airbnb Rental Income: $null Traditional Rental Income: $919 Airbnb ROI: N/A Traditional ROI: 0.55%
404 N Holmes St Wallowa, OR PRICE JUST REDUCED!!!Discover your next home just minutes from downtown Wallowa! This invi...	3 beds \| 1 baths \| 1,540 sq.ft.	$389,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.18% Airbnb Rental Income: $null Traditional Rental Income: $2129 Airbnb ROI: N/A Traditional ROI: 4.18%
0 W 7th St Wallowa, OR 0 W 7th St, Wallowa, OR 97885 \| Single Family Residential	N/A beds \| N/A baths \| N/A	$119,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.81% Airbnb Rental Income: $null Traditional Rental Income: $755 Airbnb ROI: N/A Traditional ROI: 3.81%
Upper Diamond Ln Wallowa, OR Upper Diamond Ln, Wallowa, OR 97885 \| Other	N/A beds \| N/A baths \| N/A	$239,000	Airbnb cash on cash: N/A Traditional cash on cash: 1.7% Airbnb Rental Income: $null Traditional Rental Income: $919 Airbnb ROI: N/A Traditional ROI: 1.7%
108 S Madison St Wallowa, OR 108 S Madison St, Wallowa, OR 97885 \| Other	N/A beds \| N/A baths \| N/A	$89,000	Airbnb cash on cash: N/A Traditional cash on cash: 7.54% Airbnb Rental Income: $null Traditional Rental Income: $919 Airbnb ROI: N/A Traditional ROI: 7.54%
0 Sickfoot Rd Wallowa, OR 0 Sickfoot Rd, Wallowa, OR 97885 \| Other	N/A beds \| N/A baths \| N/A	$1,408,000	Airbnb cash on cash: N/A Traditional cash on cash: -1.34% Airbnb Rental Income: $null Traditional Rental Income: $914 Airbnb ROI: N/A Traditional ROI: -1.34%
TBD Sickfoot Rd Wallowa, OR TBD Sickfoot Rd, Wallowa, OR 97885 \| Other	N/A beds \| N/A baths \| N/A	$1,408,000	Airbnb cash on cash: N/A Traditional cash on cash: -1.34% Airbnb Rental Income: $null Traditional Rental Income: $914 Airbnb ROI: N/A Traditional ROI: -1.34%
83584 Troy Rd Wallowa, OR 83584 Troy Rd, Wallowa, OR 97885 \| Single Family Residential	3 beds \| 2 baths \| 2,632 sq.ft.	$19,800,000	Airbnb cash on cash: N/A Traditional cash on cash: -1.84% Airbnb Rental Income: $null Traditional Rental Income: $2390 Airbnb ROI: N/A Traditional ROI: -1.84%
502 W 8th St Wallowa, OR Great starter or investment opportunity!! New roof and windows! fenced yard with mountain ...	1 beds \| 1 baths \| 500 sq.ft.	$125,000	Airbnb cash on cash: N/A Traditional cash on cash: 9.17% Airbnb Rental Income: $null Traditional Rental Income: $1474 Airbnb ROI: N/A Traditional ROI: 9.17%
Map01n420 Taxlot4907 Wallowa, OR Map01n420 Taxlot4907, Wallowa, OR 97885 \| Other	N/A beds \| N/A baths \| N/A	$739,000	Airbnb cash on cash: N/A Traditional cash on cash: -0.62% Airbnb Rental Income: $null Traditional Rental Income: $1016 Airbnb ROI: N/A Traditional ROI: -0.62%
70724 Bear Creek Rd Wallowa, OR Turn your homestead dream into reality on this productive 7.9-acre hobby farm just minutes...	3 beds \| 2 baths \| 1,512 sq.ft.	$729,000	Airbnb cash on cash: N/A Traditional cash on cash: 2.51% Airbnb Rental Income: $null Traditional Rental Income: $2598 Airbnb ROI: N/A Traditional ROI: 2.51%
101 S Pine St Wallowa, OR 101 S Pine St, Wallowa, OR 97885 \| Other	N/A beds \| N/A baths \| N/A	$99,500	Airbnb cash on cash: N/A Traditional cash on cash: 7.41% Airbnb Rental Income: $null Traditional Rental Income: $999 Airbnb ROI: N/A Traditional ROI: 7.41%
503 S Holmes St Wallowa, OR Welcome to your own slice of Eastern Oregon paradise! Nestled on a beautifully maintained ...	3 beds \| 2 baths \| 1,384 sq.ft.	$475,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.27% Airbnb Rental Income: $null Traditional Rental Income: $2753 Airbnb ROI: N/A Traditional ROI: 4.27%
103 W 4th St Wallowa, OR Welcome Home!! Step in from your inviting front covered porch to a bright open living area...	3 beds \| 2 baths \| 1,586 sq.ft.	$349,000	Airbnb cash on cash: N/A Traditional cash on cash: 6.87% Airbnb Rental Income: $null Traditional Rental Income: $2736 Airbnb ROI: N/A Traditional ROI: 6.87%
306 Donald St Wallowa, OR Welcome to 306 Donald Street in the heart of Wallowa-a rare opportunity offering space, fl...	2 beds \| 1 baths \| 1,152 sq.ft.	$350,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.54% Airbnb Rental Income: $null Traditional Rental Income: $2030 Airbnb ROI: N/A Traditional ROI: 4.54%
70452 Bear Crk Wallowa, OR 70452 Bear Crk, Wallowa, OR 97885 \| Other	N/A beds \| N/A baths \| N/A	$567,000	Airbnb cash on cash: N/A Traditional cash on cash: -0.24% Airbnb Rental Income: $null Traditional Rental Income: $1007 Airbnb ROI: N/A Traditional ROI: -0.24%
222 N Bear Creek Rd Wallowa, OR 222 N Bear Creek Rd, Wallowa, OR 97885 \| Other	N/A beds \| N/A baths \| N/A	$349,000	Airbnb cash on cash: N/A Traditional cash on cash: 0.83% Airbnb Rental Income: $null Traditional Rental Income: $1007 Airbnb ROI: N/A Traditional ROI: 0.83%
75336 Upper Diamond Ln Wallowa, OR 75336 Upper Diamond Ln, Wallowa, OR 97885 \| Single Family Residential	3 beds \| 3 baths \| 2,414 sq.ft.	$925,000	Airbnb cash on cash: N/A Traditional cash on cash: 1.33% Airbnb Rental Income: $null Traditional Rental Income: $2931 Airbnb ROI: N/A Traditional ROI: 1.33%
408 W 1st St Wallowa, OR 408 W 1st St, Wallowa, OR 97885 \| Single Family Residential	2 beds \| 1 baths \| 1,230 sq.ft.	$269,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.9% Airbnb Rental Income: $null Traditional Rental Income: $1833 Airbnb ROI: N/A Traditional ROI: 4.9%

Real Estate investment in Wallowa, OR

There are 24 properties for sale in the city of Wallowa . The median list price in Wallowa is $187,388 and the average price per square foot is $117. In September 2026, the average monthly cash on cash return in Wallowa is 4.00%. The average monthly rental income in Wallowa is $1,833.

Wallowa, OR Real Estate Investing: FAQs for Buyers, Sellers and Investors

There are 24 investment properties available for sale in Wallowa.

The ROI for Short-Term is higher than the Long-Term in Wallowa with average rental income of $N/A.

Your search for investment property begins and ends here

Investment Property for Sale in Wallowa, OR

203 N Alder St

Wallowa, OR

4 beds | 2 baths | 2,349 sq.ft.

$509,000

Airbnb cash on cash: N/A

Traditional cash on cash: 4.23%

Airbnb Rental Income: $null

Traditional Rental Income: $2754

Airbnb ROI: N/A

Traditional ROI: 4.23%

506 S HOLMES St

Wallowa, OR

3 beds | 2 baths | N/A

$680,000

Airbnb cash on cash: N/A

Traditional cash on cash: 2.54%

Airbnb Rental Income: $null

Traditional Rental Income: $2570

Airbnb ROI: N/A

Traditional ROI: 2.54%

402 3rd St

Wallowa, OR

3 beds | 2 baths | 2,120 sq.ft.

$365,000

Airbnb cash on cash: N/A

Traditional cash on cash: 3.93%

Airbnb Rental Income: $null

Traditional Rental Income: $1927

Airbnb ROI: N/A

Traditional ROI: 3.93%

302 S Alder St

Wallowa, OR

3 beds | 2 baths | 1,316 sq.ft.

$339,500

Airbnb cash on cash: N/A

Traditional cash on cash: 7.28%

Airbnb Rental Income: $null

Traditional Rental Income: $2827

Airbnb ROI: N/A

Traditional ROI: 7.28%

107 W 4th St

Wallowa, OR

3 beds | 1 baths | 996 sq.ft.

$294,000

Airbnb cash on cash: N/A

Traditional cash on cash: 6.17%

Airbnb Rental Income: $null

Traditional Rental Income: $2171

Airbnb ROI: N/A

Traditional ROI: 6.17%

Cabin

Wallowa, OR

N/A beds | N/A baths | N/A

$350,000

Airbnb cash on cash: N/A

Traditional cash on cash: 0.55%

Airbnb Rental Income: $null

Traditional Rental Income: $919

Airbnb ROI: N/A

Traditional ROI: 0.55%

404 N Holmes St

Wallowa, OR

3 beds | 1 baths | 1,540 sq.ft.

$389,000

Airbnb cash on cash: N/A

Traditional cash on cash: 4.18%

Airbnb Rental Income: $null

Traditional Rental Income: $2129

Airbnb ROI: N/A

Traditional ROI: 4.18%

0 W 7th St

Wallowa, OR

N/A beds | N/A baths | N/A

$119,000

Airbnb cash on cash: N/A

Traditional cash on cash: 3.81%

Airbnb Rental Income: $null

Traditional Rental Income: $755

Airbnb ROI: N/A