Real Estate Investment Properties for Sale in Albert Lea, MN

Looking for investment property in Albert Lea, MN with high ROI ?

Explore a variety of short-term homes & houses in Albert Lea, MN. Invest wisely with VRBO & Albert Lea, MN 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 Albert Lea, MN

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
406 Robin Rd Albert Lea, MN This home is tucked away in a private wooded rolling setting with view of Bancroft Channel...	4 beds \| 2 baths \| 3,066 sq.ft.	$344,900	Airbnb cash on cash: 2.72% Traditional cash on cash: 5.91% Airbnb Rental Income: $2077 Traditional Rental Income: $2575 Airbnb ROI: 2.72% Traditional ROI: 5.91%
1817 S Shore Dr Albert Lea, MN Charming three bedroom, two bath home with an attached garage stall on main level and lowe...	3 beds \| 2 baths \| 1,969 sq.ft.	$254,900	Airbnb cash on cash: 3.61% Traditional cash on cash: 6.19% Airbnb Rental Income: $1972 Traditional Rental Income: $2075 Airbnb ROI: 3.61% Traditional ROI: 6.19%
314 Meredith Rd Albert Lea, MN If you want to get that "this is the one" feeling, then come tour this stunning home! This...	3 beds \| 2 baths \| 2,343 sq.ft.	$324,999	Airbnb cash on cash: 2.6% Traditional cash on cash: 5.54% Airbnb Rental Income: $1972 Traditional Rental Income: $2351 Airbnb ROI: 2.6% Traditional ROI: 5.54%
202 North Ln Albert Lea, MN Welcome to the highly desirable Shoreland Heights neighborhood! This beautifully maintaine...	3 beds \| 2 baths \| 2,418 sq.ft.	$310,000	Airbnb cash on cash: 2.22% Traditional cash on cash: 5.71% Airbnb Rental Income: $1972 Traditional Rental Income: $2472 Airbnb ROI: 2.22% Traditional ROI: 5.71%
1617 Crystal Dr Albert Lea, MN Very well kept 3 bed/2 bath home on Northside of town. Newer roof, newer siding and window...	3 beds \| 2 baths \| 1,270 sq.ft.	$189,000	Airbnb cash on cash: 6.26% Traditional cash on cash: 8.81% Airbnb Rental Income: $1972 Traditional Rental Income: $1914 Airbnb ROI: 6.26% Traditional ROI: 8.81%
912 S 3rd Ave Albert Lea, MN 4 bedroom 2 bath home with a large backyard. Freshly painted inside and out. New carpet al...	4 beds \| 2 baths \| 2,100 sq.ft.	$219,000	Airbnb cash on cash: 5.41% Traditional cash on cash: 10.35% Airbnb Rental Income: $2077 Traditional Rental Income: $2568 Airbnb ROI: 5.41% Traditional ROI: 10.35%
1304 Swanhill Dr Albert Lea, MN Welcome to this stunningly remodeled three-bedroom, three-bathroom home! Step into an inv...	3 beds \| 2 baths \| 1,659 sq.ft.	$239,900	Airbnb cash on cash: 3.95% Traditional cash on cash: 8.57% Airbnb Rental Income: $1972 Traditional Rental Income: $2501 Airbnb ROI: 3.95% Traditional ROI: 8.57%
922 Jefferson Ave Albert Lea, MN This property is a duplex. Each unit features two bedrooms, one bathroom, a kitchen, and a...	4 beds \| 2 baths \| 1,637 sq.ft.	$164,999	Airbnb cash on cash: 7.12% Traditional cash on cash: 11.89% Airbnb Rental Income: $1972 Traditional Rental Income: $2205 Airbnb ROI: 7.12% Traditional ROI: 11.89%
1204 Columbus Avenue Albert Lea, MN Pride of ownership shines throughout this immaculate home! Featuring 2 bedrooms plus a low...	2 beds \| 2 baths \| 1,904 sq.ft.	$209,900	Airbnb cash on cash: 0.2% Traditional cash on cash: 8.93% Airbnb Rental Income: $936 Traditional Rental Income: $2328 Airbnb ROI: 0.2% Traditional ROI: 8.93%
2200 Eunice Dr Albert Lea, MN Welcome home to this well-maintained 3-bedroom, 2-bath ranch-style property offering conve...	3 beds \| 2 baths \| 1,421 sq.ft.	$247,000	Airbnb cash on cash: 3.79% Traditional cash on cash: 7.07% Airbnb Rental Income: $1972 Traditional Rental Income: $2220 Airbnb ROI: 3.79% Traditional ROI: 7.07%
1798 Tiger Ridge Dr Albert Lea, MN COMING SOON, June 15th!! Best of both worlds - city amenities and edge of town location!! ...	3 beds \| 2 baths \| 3,150 sq.ft.	$469,900	Airbnb cash on cash: 0.68% Traditional cash on cash: 4.32% Airbnb Rental Income: $1972 Traditional Rental Income: $3055 Airbnb ROI: 0.68% Traditional ROI: 4.32%
417 High St Albert Lea, MN 3 CAR GARAGE!! Hard to find home featuring a 3 car garage!! Permanent steel siding, upda...	2 beds \| 2 baths \| 2,114 sq.ft.	$189,900	Airbnb cash on cash: 1.19% Traditional cash on cash: 10.58% Airbnb Rental Income: $936 Traditional Rental Income: $2286 Airbnb ROI: 1.19% Traditional ROI: 10.58%
1509 Sunset St Albert Lea, MN Welcome to Albert Lea living at it's finest. This spacious 4-bedroom, 3-bath home offers t...	4 beds \| 3 baths \| 1,762 sq.ft.	$214,900	Airbnb cash on cash: 4.84% Traditional cash on cash: 11.35% Airbnb Rental Income: $2077 Traditional Rental Income: $2867 Airbnb ROI: 4.84% Traditional ROI: 11.35%
109 Charlotte Ave Albert Lea, MN This lovingly maintained home has been thoughtfully updated throughout. Recent improvement...	2 beds \| 1 baths \| 703 sq.ft.	$163,900	Airbnb cash on cash: 1.67% Traditional cash on cash: 7.13% Airbnb Rental Income: $936 Traditional Rental Income: $1445 Airbnb ROI: 1.67% Traditional ROI: 7.13%
2022 Grand Ave Albert Lea, MN This is a GEM!! Great Northside location! This 3 bedroom and 3 bath home features spacou...	3 beds \| 2 baths \| 1,755 sq.ft.	$300,000	Airbnb cash on cash: 3.12% Traditional cash on cash: 6.41% Airbnb Rental Income: $1972 Traditional Rental Income: $2383 Airbnb ROI: 3.12% Traditional ROI: 6.41%
711 Saint Thomas Ave Albert Lea, MN Fully remodeled cozy 2 bedroom 1 bath with a detached over-sized single garage. New update...	2 beds \| 1 baths \| 660 sq.ft.	$130,000	Airbnb cash on cash: 2.66% Traditional cash on cash: 8.69% Airbnb Rental Income: $936 Traditional Rental Income: $1345 Airbnb ROI: 2.66% Traditional ROI: 8.69%
1005 W Richway Drive Albert Lea, MN Beautifully maintained and thoughtfully updated, this Albert Lea home offers true pride of...	3 beds \| 3 baths \| 3,063 sq.ft.	$424,900	Airbnb cash on cash: 1.03% Traditional cash on cash: 4.84% Airbnb Rental Income: $1972 Traditional Rental Income: $2973 Airbnb ROI: 1.03% Traditional ROI: 4.84%
1402 Marie Ave Albert Lea, MN Turnkey perfection in a prime location! This fully remodeled ranch style home offers a new...	3 beds \| 2 baths \| 1,824 sq.ft.	$275,000	Airbnb cash on cash: 3.39% Traditional cash on cash: 6.89% Airbnb Rental Income: $1972 Traditional Rental Income: $2363 Airbnb ROI: 3.39% Traditional ROI: 6.89%
1010 Foothills Cir Albert Lea, MN This spacious 4 bedroom 2 story home also has an attached two bedroom guest suite complete...	4 beds \| 3 baths \| 3,621 sq.ft.	$359,900	Airbnb cash on cash: 2.34% Traditional cash on cash: 7.5% Airbnb Rental Income: $2077 Traditional Rental Income: $3284 Airbnb ROI: 2.34% Traditional ROI: 7.5%
1918 Bayview Dr Albert Lea, MN Thoughtfully updated and truly move-in ready! This home features all new Andersen windows,...	3 beds \| 2 baths \| 2,508 sq.ft.	$345,000	Airbnb cash on cash: 2.31% Traditional cash on cash: 5.93% Airbnb Rental Income: $1972 Traditional Rental Income: $2629 Airbnb ROI: 2.31% Traditional ROI: 5.93%
607 Edgewood Ave Albert Lea, MN Desirable 3 bedroom, 2 bath ranch home! Main floor laundry, beautiful hardwood floors, fu...	3 beds \| 1 baths \| 1,392 sq.ft.	$180,000	Airbnb cash on cash: 6.32% Traditional cash on cash: 9.04% Airbnb Rental Income: $1972 Traditional Rental Income: $1920 Airbnb ROI: 6.32% Traditional ROI: 9.04%
518 E 5th St Albert Lea, MN Take a look at this 3 bedroom 1 bath home. Main floor has high ceilings and hardwood floor...	3 beds \| 1 baths \| 1,047 sq.ft.	$127,500	Airbnb cash on cash: 9.64% Traditional cash on cash: 11.27% Airbnb Rental Income: $1972 Traditional Rental Income: $1655 Airbnb ROI: 9.64% Traditional ROI: 11.27%
115 South Ln Albert Lea, MN Lake front opportunity! Great opportunity in this four bedroom, two bath home that overloo...	4 beds \| 2 baths \| 2,957 sq.ft.	$449,900	Airbnb cash on cash: 1.35% Traditional cash on cash: 4.77% Airbnb Rental Income: $2077 Traditional Rental Income: $2983 Airbnb ROI: 1.35% Traditional ROI: 4.77%
519 Johnson St Albert Lea, MN Don't miss out on this beautiful renovated Northside home! With many updates, this 1909 ho...	3 beds \| 2 baths \| 1,594 sq.ft.	$210,000	Airbnb cash on cash: 4.73% Traditional cash on cash: 9.9% Airbnb Rental Income: $1972 Traditional Rental Income: $2484 Airbnb ROI: 4.73% Traditional ROI: 9.9%
421 Meredith Rd Albert Lea, MN Nicely laid out 4 bedroom 3 bath home. Main floor addition added in 2002 that walks out to...	4 beds \| 2 baths \| 2,276 sq.ft.	$299,900	Airbnb cash on cash: 3.02% Traditional cash on cash: 6.52% Airbnb Rental Income: $2077 Traditional Rental Income: $2528 Airbnb ROI: 3.02% Traditional ROI: 6.52%
121 Mcarthur Dr Albert Lea, MN Gardners dream. 10x46 organic garden. Lots of perennials. Very updated 3 bedroom, 3 bath, ...	3 beds \| 1 baths \| 1,263 sq.ft.	$169,900	Airbnb cash on cash: 6.3% Traditional cash on cash: 8.56% Airbnb Rental Income: $1972 Traditional Rental Income: $1820 Airbnb ROI: 6.3% Traditional ROI: 8.56%
220 E 7th St Albert Lea, MN Exceptional 3 Bedroom 4 Bath 4-Plex located on the corner of 7th Street and James Ave. The...	4 beds \| 3 baths \| 2,800 sq.ft.	$249,900	Airbnb cash on cash: 3.35% Traditional cash on cash: 3.4% Airbnb Rental Income: $1972 Traditional Rental Income: $1466 Airbnb ROI: 3.35% Traditional ROI: 3.4%
1027 Cedar Ave Albert Lea, MN Rare opportunity to own a one-of-a-kind Tudor-style home brimming with historic charm and ...	3 beds \| 1 baths \| 2,510 sq.ft.	$275,000	Airbnb cash on cash: 2.94% Traditional cash on cash: 6.96% Airbnb Rental Income: $1972 Traditional Rental Income: $2496 Airbnb ROI: 2.94% Traditional ROI: 6.96%
74500 240th St Albert Lea, MN A one-of-a-kind private retreat with over $400K in updates, that blends rural serenity wit...	3 beds \| 2 baths \| 3,180 sq.ft.	$575,000	Airbnb cash on cash: 0.87% Traditional cash on cash: 2.11% Airbnb Rental Income: $1972 Traditional Rental Income: $2119 Airbnb ROI: 0.87% Traditional ROI: 2.11%
419 Ridge Road Albert Lea, MN Step into the comfort, space and flexibility of this inviting 4-bedroom, 2 bath home. Desi...	4 beds \| 2 baths \| 2,391 sq.ft.	$324,900	Airbnb cash on cash: 2.71% Traditional cash on cash: 5.32% Airbnb Rental Income: $2077 Traditional Rental Income: $2337 Airbnb ROI: 2.71% Traditional ROI: 5.32%
2130 Grand Ave Albert Lea, MN Welcome home to this nicely remodeled property that sits on over a quarter acre lot. As y...	3 beds \| 2 baths \| 1,667 sq.ft.	$249,800	Airbnb cash on cash: 4.03% Traditional cash on cash: 8.2% Airbnb Rental Income: $1972 Traditional Rental Income: $2440 Airbnb ROI: 4.03% Traditional ROI: 8.2%
314 Garden Rd Albert Lea, MN You'll want to schedule your showing soon to check out this four-bedroom ranch-style home ...	3 beds \| 2 baths \| 1,995 sq.ft.	$279,900	Airbnb cash on cash: 3.2% Traditional cash on cash: 8.13% Airbnb Rental Income: $1972 Traditional Rental Income: $2755 Airbnb ROI: 3.2% Traditional ROI: 8.13%
1715 SE Marshall St Albert Lea, MN Be the first to move in to this completely remodeled 3 bed, 2 bath ranch home on 3/4 acre ...	3 beds \| 2 baths \| 1,720 sq.ft.	$159,900	Airbnb cash on cash: 6.31% Traditional cash on cash: 8.72% Airbnb Rental Income: $1972 Traditional Rental Income: $1823 Airbnb ROI: 6.31% Traditional ROI: 8.72%
1331 Frank Hall Dr Albert Lea, MN A true catch with this beautifully maintained 2 bed 2 bath rambler nestled on the shores o...	2 beds \| 2 baths \| 2,107 sq.ft.	$375,000	Airbnb cash on cash: -0.42% Traditional cash on cash: 5.76% Airbnb Rental Income: $936 Traditional Rental Income: $2765 Airbnb ROI: -0.42% Traditional ROI: 5.76%
2017 Highland Ave Albert Lea, MN Nestled along the rolling greens of the golf course, this beautifully designed 3 bedroom, ...	3 beds \| 2 baths \| 2,424 sq.ft.	$549,900	Airbnb cash on cash: 0.8% Traditional cash on cash: 3.8% Airbnb Rental Income: $1972 Traditional Rental Income: $2993 Airbnb ROI: 0.8% Traditional ROI: 3.8%
1314 Dunham Street Albert Lea, MN Check out this Cape Cod style, meticulously maintained home, situated on an oversized lot....	2 beds \| 2 baths \| 1,191 sq.ft.	$187,500	Airbnb cash on cash: 0.31% Traditional cash on cash: 7.83% Airbnb Rental Income: $936 Traditional Rental Income: $1932 Airbnb ROI: 0.31% Traditional ROI: 7.83%
529 W Park Ln Albert Lea, MN This rare find directly on Fountain Lake includes a dock (20 ft roll-in), freshly painted ...	4 beds \| 3 baths \| 3,211 sq.ft.	$609,000	Airbnb cash on cash: 0% Traditional cash on cash: 3.78% Airbnb Rental Income: $2077 Traditional Rental Income: $3691 Airbnb ROI: 0% Traditional ROI: 3.78%
705 Glenview Dr Albert Lea, MN Welcome to your dream home nestled on the North side of town! This stunning property beau...	4 beds \| 2 baths \| 2,351 sq.ft.	$240,000	Airbnb cash on cash: 4.35% Traditional cash on cash: 11.88% Airbnb Rental Income: $2077 Traditional Rental Income: $3250 Airbnb ROI: 4.35% Traditional ROI: 11.88%
311 Fountain St Albert Lea, MN Step back in time in this gorgeous historic home. You will feel the history in every detai...	4 beds \| 1 baths \| 2,394 sq.ft.	$275,000	Airbnb cash on cash: 3.71% Traditional cash on cash: 5.75% Airbnb Rental Income: $2077 Traditional Rental Income: $2072 Airbnb ROI: 3.71% Traditional ROI: 5.75%
711 Clausen Ave Albert Lea, MN Schedule your showing today to view this spacious five-bedroom, 2 bath home just steps fro...	5 beds \| 2 baths \| 2,112 sq.ft.	$249,900	Airbnb cash on cash: N/A Traditional cash on cash: 7.75% Airbnb Rental Income: $null Traditional Rental Income: $2390 Airbnb ROI: N/A Traditional ROI: 7.75%

Real Estate investment in Albert-lea, MN

There are 142 properties for sale in the city of Albert Lea . The median list price in Albert Lea is $192,459 and the average price per square foot is $104. In September 2026, the average monthly cash on cash return in Albert Lea is 8.00%. The average monthly rental income in Albert Lea is $2,222.

Albert-lea, MN Real Estate Investing: FAQs for Buyers, Sellers and Investors

There are 142 investment properties available for sale in Albert-lea.

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

The ROI for Long-Term is higher than the Short-Term in Albert-lea with average rental income of $2,222.

Your search for investment property begins and ends here

Investment Property for Sale in Albert Lea, MN

406 Robin Rd

Albert Lea, MN

4 beds | 2 baths | 3,066 sq.ft.

$344,900

Airbnb cash on cash: 2.72%

Traditional cash on cash: 5.91%

Airbnb Rental Income: $2077

Traditional Rental Income: $2575

Airbnb ROI: 2.72%

Traditional ROI: 5.91%

1817 S Shore Dr

Albert Lea, MN

3 beds | 2 baths | 1,969 sq.ft.

$254,900

Airbnb cash on cash: 3.61%

Traditional cash on cash: 6.19%

Airbnb Rental Income: $1972

Traditional Rental Income: $2075

Airbnb ROI: 3.61%

Traditional ROI: 6.19%

314 Meredith Rd

Albert Lea, MN

3 beds | 2 baths | 2,343 sq.ft.

$324,999

Airbnb cash on cash: 2.6%

Traditional cash on cash: 5.54%

Airbnb Rental Income: $1972

Traditional Rental Income: $2351

Airbnb ROI: 2.6%

Traditional ROI: 5.54%

202 North Ln

Albert Lea, MN

3 beds | 2 baths | 2,418 sq.ft.

$310,000

Airbnb cash on cash: 2.22%

Traditional cash on cash: 5.71%

Airbnb Rental Income: $1972

Traditional Rental Income: $2472

Airbnb ROI: 2.22%

Traditional ROI: 5.71%

1617 Crystal Dr

Albert Lea, MN

3 beds | 2 baths | 1,270 sq.ft.

$189,000

Airbnb cash on cash: 6.26%

Traditional cash on cash: 8.81%

Airbnb Rental Income: $1972

Traditional Rental Income: $1914

Airbnb ROI: 6.26%

Traditional ROI: 8.81%

912 S 3rd Ave

Albert Lea, MN

4 beds | 2 baths | 2,100 sq.ft.

$219,000

Airbnb cash on cash: 5.41%

Traditional cash on cash: 10.35%

Airbnb Rental Income: $2077

Traditional Rental Income: $2568

Airbnb ROI: 5.41%

Traditional ROI: 10.35%

1304 Swanhill Dr

Albert Lea, MN

3 beds | 2 baths | 1,659 sq.ft.

$239,900

Airbnb cash on cash: 3.95%

Traditional cash on cash: 8.57%

Airbnb Rental Income: $1972

Traditional Rental Income: $2501

Airbnb ROI: 3.95%

Traditional ROI: 8.57%

922 Jefferson Ave

Albert Lea, MN

4 beds | 2 baths | 1,637 sq.ft.

$164,999

Airbnb cash on cash: 7.12%

Traditional cash on cash: 11.89%

Airbnb Rental Income: $1972

Traditional Rental Income: $2205

Airbnb ROI: 7.12%