Real Estate Investment Properties for Sale in Elk, WA

Looking for investment property in Elk, WA with high ROI ?

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

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
14021 E Nelson Rd ELK, WA Discover this well-crafted Tim Lewis rancher, where rustic warmth meets modern efficiency....	3 beds \| 3 baths \| 3,200 sq.ft.	$990,000	Airbnb cash on cash: -0.52% Traditional cash on cash: 0.49% Airbnb Rental Income: $1651 Traditional Rental Income: $2119 Airbnb ROI: -0.52% Traditional ROI: 0.49%
12907 E Nelson Rd ELK, WA Located in Elk, a quiet rural community in northeastern Washington just 30-40 minutes nort...	4 beds \| 3 baths \| 3,001 sq.ft.	$625,000	Airbnb cash on cash: N/A Traditional cash on cash: 2.98% Airbnb Rental Income: $null Traditional Rental Income: $2768 Airbnb ROI: N/A Traditional ROI: 2.98%
38116 N Sheets Rd ELK, WA Charming 3-bed, 2-bath home in the peaceful Reflection Lake community of Elk, WA - directl...	3 beds \| 2 baths \| 1,075 sq.ft.	$412,000	Airbnb cash on cash: 1.18% Traditional cash on cash: 4.46% Airbnb Rental Income: $1651 Traditional Rental Income: $2451 Airbnb ROI: 1.18% Traditional ROI: 4.46%
14305 E Nelson Rd ELK, WA Fantastic opportunity for your own mini farm! Nestled on nearly 19.88 acres that feel like...	3 beds \| 2 baths \| 1,940 sq.ft.	$775,000	Airbnb cash on cash: -0.05% Traditional cash on cash: 1.82% Airbnb Rental Income: $1651 Traditional Rental Income: $2536 Airbnb ROI: -0.05% Traditional ROI: 1.82%
14125 E Eistrup Rd ELK, WA Settle into the peace and beauty of country living on 10 level, usable acres in Elk-just o...	4 beds \| 3 baths \| 2,676 sq.ft.	$640,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.59% Airbnb Rental Income: $null Traditional Rental Income: $3327 Airbnb ROI: N/A Traditional ROI: 3.59%
17208 E Blanchard Rd ELK, WA 24.67 Timbered Acres with a creek running through the property, while surrounded by 77.56 ...	5 beds \| 3 baths \| N/A	$349,999	Airbnb cash on cash: N/A Traditional cash on cash: 6.59% Airbnb Rental Income: $null Traditional Rental Income: $2843 Airbnb ROI: N/A Traditional ROI: 6.59%
41210 N Newport Hwy ELK, WA Charming 1.61-acre property featuring a cute older 3 bed / 2 bath pre-HUD mobile home, per...	3 beds \| 2 baths \| 860 sq.ft.	$270,000	Airbnb cash on cash: 2.32% Traditional cash on cash: 6.81% Airbnb Rental Income: $1651 Traditional Rental Income: $2329 Airbnb ROI: 2.32% Traditional ROI: 6.81%
2541 Nicholson Rd ELK, WA Private, versatile & packed with potential, this 9.7 acre property offers the best of coun...	3 beds \| 1 baths \| 1,664 sq.ft.	$449,000	Airbnb cash on cash: 0.99% Traditional cash on cash: 3.25% Airbnb Rental Income: $1651 Traditional Rental Income: $2136 Airbnb ROI: 0.99% Traditional ROI: 3.25%
8 Camden Rd ELK, WA Discover rare privacy and panoramic mountain views on private acreage along the headwaters...	2 beds \| 1 baths \| 960 sq.ft.	$670,000	Airbnb cash on cash: N/A Traditional cash on cash: 2.02% Airbnb Rental Income: $null Traditional Rental Income: $2151 Airbnb ROI: N/A Traditional ROI: 2.02%
38121 N Frontage Rd ELK, WA Step into this classic 1990s split-level home, perfectly situated on a secondary lot to Re...	4 beds \| 2 baths \| 1,700 sq.ft.	$359,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.93% Airbnb Rental Income: $null Traditional Rental Income: $2698 Airbnb ROI: N/A Traditional ROI: 5.93%
42324 N Sylvan Rd ELK, WA Beautiful single-level lakefront home, custom-built in 2007 with cathedral ceilings & high...	2 beds \| 1 baths \| 1,084 sq.ft.	$500,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.61% Airbnb Rental Income: $null Traditional Rental Income: $2534 Airbnb ROI: N/A Traditional ROI: 3.61%
1721 Kirkpatrick Rd ELK, WA Your dream homestead-with a Mt. Spokane view-is finally here. Tucked away on 20 peaceful a...	4 beds \| 2 baths \| 1,974 sq.ft.	$635,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.33% Airbnb Rental Income: $null Traditional Rental Income: $2896 Airbnb ROI: N/A Traditional ROI: 3.33%
14589 E Oregon Rd ELK, WA Beautifully designed, near-new (built in 2025) single-level 3 bed, 2 bath home set on just...	3 beds \| 2 baths \| 1,134 sq.ft.	$525,000	Airbnb cash on cash: 0.65% Traditional cash on cash: 3.4% Airbnb Rental Income: $1651 Traditional Rental Income: $2537 Airbnb ROI: 0.65% Traditional ROI: 3.4%

Real Estate investment in Elk, WA

There are 13 properties for sale in the city of Elk . The median list price in Elk is $512,500 and the average price per square foot is $300. In April 2026, the average monthly cash on cash return in Elk is 3.00%. The average monthly rental income in Elk is $2,535.

Elk, WA Real Estate Investing: FAQs for Buyers, Sellers and Investors

There are 13 investment properties available for sale in Elk.

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

The ROI for Long-Term is higher than the Short-Term in Elk with average rental income of $2,535.

Your search for investment property begins and ends here

Investment Property for Sale in Elk, WA

14021 E Nelson Rd

ELK, WA

3 beds | 3 baths | 3,200 sq.ft.

$990,000

Airbnb cash on cash: -0.52%

Traditional cash on cash: 0.49%

Airbnb Rental Income: $1651

Traditional Rental Income: $2119

Airbnb ROI: -0.52%

Traditional ROI: 0.49%

12907 E Nelson Rd

ELK, WA

4 beds | 3 baths | 3,001 sq.ft.

$625,000

Airbnb cash on cash: N/A

Traditional cash on cash: 2.98%

Airbnb Rental Income: $null

Traditional Rental Income: $2768

Airbnb ROI: N/A

Traditional ROI: 2.98%

38116 N Sheets Rd

ELK, WA

3 beds | 2 baths | 1,075 sq.ft.

$412,000

Airbnb cash on cash: 1.18%

Traditional cash on cash: 4.46%

Airbnb Rental Income: $1651

Traditional Rental Income: $2451

Airbnb ROI: 1.18%

Traditional ROI: 4.46%

14305 E Nelson Rd

ELK, WA

3 beds | 2 baths | 1,940 sq.ft.

$775,000

Airbnb cash on cash: -0.05%

Traditional cash on cash: 1.82%

Airbnb Rental Income: $1651

Traditional Rental Income: $2536

Airbnb ROI: -0.05%

Traditional ROI: 1.82%

14125 E Eistrup Rd

ELK, WA

4 beds | 3 baths | 2,676 sq.ft.

$640,000

Airbnb cash on cash: N/A

Traditional cash on cash: 3.59%

Airbnb Rental Income: $null

Traditional Rental Income: $3327

Airbnb ROI: N/A

Traditional ROI: 3.59%

17208 E Blanchard Rd

ELK, WA

5 beds | 3 baths | N/A

$349,999

Airbnb cash on cash: N/A

Traditional cash on cash: 6.59%

Airbnb Rental Income: $null

Traditional Rental Income: $2843

Airbnb ROI: N/A

Traditional ROI: 6.59%

41210 N Newport Hwy

ELK, WA

3 beds | 2 baths | 860 sq.ft.

$270,000

Airbnb cash on cash: 2.32%

Traditional cash on cash: 6.81%

Airbnb Rental Income: $1651

Traditional Rental Income: $2329

Airbnb ROI: 2.32%

Traditional ROI: 6.81%

2541 Nicholson Rd

ELK, WA

3 beds | 1 baths | 1,664 sq.ft.

$449,000

Airbnb cash on cash: 0.99%

Traditional cash on cash: 3.25%

Airbnb Rental Income: $1651

Traditional Rental Income: $2136

Airbnb ROI: 0.99%