Real Estate Investment Properties for Sale in Kalama, WA

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

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

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
320 CHINA GARDEN RD Kalama, WA Amazing views from this spacious corner lot with views of the Columbia River! Easy access ...	4 beds \| 3 baths \| 3,488 sq.ft.	$650,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.31% Airbnb Rental Income: $null Traditional Rental Income: $4298 Airbnb ROI: N/A Traditional ROI: 5.31%
442 VARSITY RD Kalama, WA Custom designed & built this well built home offers a dignified floor plan featuring: 3FP,...	4 beds \| 4 baths \| 4,276 sq.ft.	$1,350,000	Airbnb cash on cash: N/A Traditional cash on cash: 1.47% Airbnb Rental Income: $null Traditional Rental Income: $4122 Airbnb ROI: N/A Traditional ROI: 1.47%
780 FIVE PEAKS DR Kalama, WA Discover your dream home at this 3 Bed, 2 Bath mountaintop retreat in Kalama, WA! on 10 ac...	3 beds \| 2 baths \| 1,810 sq.ft.	$985,000	Airbnb cash on cash: 0.76% Traditional cash on cash: 2.27% Airbnb Rental Income: $2818 Traditional Rental Income: $3546 Airbnb ROI: 0.76% Traditional ROI: 2.27%
800 CHINA GARDEN RD Kalama, WA Absolutely Stunning 3 Bedroom, 2.5 Bath 2 Level Home in Kalama in Immaculate Condition on ...	3 beds \| 3 baths \| 1,825 sq.ft.	$529,900	Airbnb cash on cash: 2.38% Traditional cash on cash: 4.9% Airbnb Rental Income: $2818 Traditional Rental Income: $3407 Airbnb ROI: 2.38% Traditional ROI: 4.9%
0 Olivia LN #X Kalama, WA Proposed built so you still have time to make this house your HOME. Local custom builder M...	4 beds \| 3 baths \| 3,702 sq.ft.	$1,562,308	Airbnb cash on cash: N/A Traditional cash on cash: 1.61% Airbnb Rental Income: $null Traditional Rental Income: $4084 Airbnb ROI: N/A Traditional ROI: 1.61%
216 GORE RD Kalama, WA HOME/SHOP/LAND Nestled on nearly 2 acres with breathtaking river views, this 2-bed, 2.5-ba...	2 beds \| 3 baths \| 2,347 sq.ft.	$879,000	Airbnb cash on cash: 2.2% Traditional cash on cash: 2.78% Airbnb Rental Income: $4070 Traditional Rental Income: $3673 Airbnb ROI: 2.2% Traditional ROI: 2.78%
130 SPENCER CREEK RD Kalama, WA KALAMA -- One Level -- 17,424 Sqft Large Lot -- 3 Bedroom / 1.5 Bathroom -- Living Room w/...	3 beds \| 2 baths \| 1,176 sq.ft.	$458,000	Airbnb cash on cash: 3.18% Traditional cash on cash: 4.65% Airbnb Rental Income: $2818 Traditional Rental Income: $2793 Airbnb ROI: 3.18% Traditional ROI: 4.65%
635 COUNCIL CREST CT Kalama, WA Breathtaking views of the Columbia River from two expansive wrap-around decks! This 5-bedr...	5 beds \| 3 baths \| 3,978 sq.ft.	$715,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.41% Airbnb Rental Income: $null Traditional Rental Income: $4203 Airbnb ROI: N/A Traditional ROI: 4.41%
320 MODROW RD Kalama, WA Welcome Home!! Beautifully maintained Kalama home set on a serene half-acre lot offering p...	3 beds \| 3 baths \| 1,786 sq.ft.	$554,900	Airbnb cash on cash: 2.25% Traditional cash on cash: 4.73% Airbnb Rental Income: $2818 Traditional Rental Income: $3447 Airbnb ROI: 2.25% Traditional ROI: 4.73%
116 KALINA CT Kalama, WA Custom One Level Home Nestled on 2.1 acres! This home welcomes you with a quaint covered f...	4 beds \| 3 baths \| 2,376 sq.ft.	$684,950	Airbnb cash on cash: N/A Traditional cash on cash: 4.07% Airbnb Rental Income: $null Traditional Rental Income: $3917 Airbnb ROI: N/A Traditional ROI: 4.07%
8475 KALAMA RIVER RD Kalama, WA Escape to tranquility with this beautifully unique Custom Riverfront Cabin, nestled on 11....	1 beds \| 1 baths \| 660 sq.ft.	$659,000	Airbnb cash on cash: 0.85% Traditional cash on cash: 1.98% Airbnb Rental Income: $1926 Traditional Rental Income: $2113 Airbnb ROI: 0.85% Traditional ROI: 1.98%
404 JOHNSON SPUR RD Kalama, WA Discover a prime opportunity in Kalama with this picturesque lot, perfect for building you...	4 beds \| 2 baths \| 1,632 sq.ft.	$249,900	Airbnb cash on cash: N/A Traditional cash on cash: 11.4% Airbnb Rental Income: $null Traditional Rental Income: $3161 Airbnb ROI: N/A Traditional ROI: 11.4%

Real Estate investment in Kalama, WA

There are 12 properties for sale in the city of Kalama . The median list price in Kalama is $671,975 and the average price per square foot is $278. In December 2024, the average monthly cash on cash return in Kalama is 4.00%. The average monthly rental income in Kalama is $3,610.

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

There are 12 investment properties available for sale in Kalama.

In 2024, the best neighborhood to buy investment property is Kalama.

The ROI for Long-Term is higher than the Short-Term in Kalama with average rental income of $3,610.

Your search for investment property begins and ends here

Investment Property for Sale in Kalama, WA

320 CHINA GARDEN RD

Kalama, WA

4 beds | 3 baths | 3,488 sq.ft.

$650,000

Airbnb cash on cash: N/A

Traditional cash on cash: 5.31%

Airbnb Rental Income: $null

Traditional Rental Income: $4298

Airbnb ROI: N/A

Traditional ROI: 5.31%

442 VARSITY RD

Kalama, WA

4 beds | 4 baths | 4,276 sq.ft.

$1,350,000

Airbnb cash on cash: N/A

Traditional cash on cash: 1.47%

Airbnb Rental Income: $null

Traditional Rental Income: $4122

Airbnb ROI: N/A

Traditional ROI: 1.47%

780 FIVE PEAKS DR

Kalama, WA

3 beds | 2 baths | 1,810 sq.ft.

$985,000

Airbnb cash on cash: 0.76%

Traditional cash on cash: 2.27%

Airbnb Rental Income: $2818

Traditional Rental Income: $3546

Airbnb ROI: 0.76%

Traditional ROI: 2.27%

800 CHINA GARDEN RD

Kalama, WA

3 beds | 3 baths | 1,825 sq.ft.

$529,900

Airbnb cash on cash: 2.38%

Traditional cash on cash: 4.9%

Airbnb Rental Income: $2818

Traditional Rental Income: $3407

Airbnb ROI: 2.38%

Traditional ROI: 4.9%

0 Olivia LN #X

Kalama, WA

4 beds | 3 baths | 3,702 sq.ft.

$1,562,308

Airbnb cash on cash: N/A

Traditional cash on cash: 1.61%

Airbnb Rental Income: $null

Traditional Rental Income: $4084

Airbnb ROI: N/A

Traditional ROI: 1.61%

216 GORE RD

Kalama, WA

2 beds | 3 baths | 2,347 sq.ft.

$879,000

Airbnb cash on cash: 2.2%

Traditional cash on cash: 2.78%

Airbnb Rental Income: $4070

Traditional Rental Income: $3673

Airbnb ROI: 2.2%

Traditional ROI: 2.78%

130 SPENCER CREEK RD

Kalama, WA

3 beds | 2 baths | 1,176 sq.ft.

$458,000

Airbnb cash on cash: 3.18%

Traditional cash on cash: 4.65%

Airbnb Rental Income: $2818

Traditional Rental Income: $2793

Airbnb ROI: 3.18%

Traditional ROI: 4.65%

635 COUNCIL CREST CT

Kalama, WA

5 beds | 3 baths | 3,978 sq.ft.

$715,000

Airbnb cash on cash: N/A

Traditional cash on cash: 4.41%

Airbnb Rental Income: $null

Traditional Rental Income: $4203

Airbnb ROI: N/A