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: 2.51% Traditional cash on cash: 5.91% Airbnb Rental Income: $1994 Traditional Rental Income: $2575 Airbnb ROI: 2.51% 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% Traditional cash on cash: 6.19% Airbnb Rental Income: $1794 Traditional Rental Income: $2075 Airbnb ROI: 3% 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: 2.12% Traditional cash on cash: 5.54% Airbnb Rental Income: $1794 Traditional Rental Income: $2351 Airbnb ROI: 2.12% 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: 1.72% Traditional cash on cash: 5.71% Airbnb Rental Income: $1794 Traditional Rental Income: $2472 Airbnb ROI: 1.72% 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: 5.43% Traditional cash on cash: 8.81% Airbnb Rental Income: $1794 Traditional Rental Income: $1914 Airbnb ROI: 5.43% 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: 5.07% Traditional cash on cash: 10.35% Airbnb Rental Income: $1994 Traditional Rental Income: $2568 Airbnb ROI: 5.07% 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: 3.3% Traditional cash on cash: 8.57% Airbnb Rental Income: $1794 Traditional Rental Income: $2501 Airbnb ROI: 3.3% 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: 6.18% Traditional cash on cash: 11.89% Airbnb Rental Income: $1794 Traditional Rental Income: $2205 Airbnb ROI: 6.18% Traditional ROI: 11.89%
1410 Levison St Albert Lea, MN Super clean 3 bedroom home with 2 stall garage and finished basement, hardwood floor thro...	3 beds \| 2 baths \| 1,856 sq.ft.	$225,000	Airbnb cash on cash: 4.17% Traditional cash on cash: 9.92% Airbnb Rental Income: $1794 Traditional Rental Income: $2530 Airbnb ROI: 4.17% Traditional ROI: 9.92%
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: 0.37% Traditional cash on cash: 8.93% Airbnb Rental Income: $976 Traditional Rental Income: $2328 Airbnb ROI: 0.37% 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: 3.15% Traditional cash on cash: 7.07% Airbnb Rental Income: $1794 Traditional Rental Income: $2220 Airbnb ROI: 3.15% 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: 0.34% Traditional cash on cash: 4.32% Airbnb Rental Income: $1794 Traditional Rental Income: $3055 Airbnb ROI: 0.34% 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: 1.38% Traditional cash on cash: 10.58% Airbnb Rental Income: $976 Traditional Rental Income: $2286 Airbnb ROI: 1.38% 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: 4.5% Traditional cash on cash: 11.35% Airbnb Rental Income: $1994 Traditional Rental Income: $2867 Airbnb ROI: 4.5% Traditional ROI: 11.35%
1207 Birch Hill Dr Albert Lea, MN Come home to this remarkable three bedroom, two bath, ranch style home with an oversized t...	3 beds \| 1 baths \| 2,312 sq.ft.	$199,900	Airbnb cash on cash: 4.34% Traditional cash on cash: 7.21% Airbnb Rental Income: $1794 Traditional Rental Income: $1849 Airbnb ROI: 4.34% Traditional ROI: 7.21%
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: 1.88% Traditional cash on cash: 7.13% Airbnb Rental Income: $976 Traditional Rental Income: $1445 Airbnb ROI: 1.88% Traditional ROI: 7.13%
1113 Shore Acres Dr Albert Lea, MN This home was built in 1995 by the current owner. The basement is ready to be finished wit...	2 beds \| 1 baths \| 1,082 sq.ft.	$204,900	Airbnb cash on cash: 0.77% Traditional cash on cash: 5.75% Airbnb Rental Income: $976 Traditional Rental Income: $1593 Airbnb ROI: 0.77% Traditional ROI: 5.75%
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: 2.6% Traditional cash on cash: 6.41% Airbnb Rental Income: $1794 Traditional Rental Income: $2383 Airbnb ROI: 2.6% 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: 2.93% Traditional cash on cash: 8.69% Airbnb Rental Income: $976 Traditional Rental Income: $1345 Airbnb ROI: 2.93% Traditional ROI: 8.69%
22601 770th Ave Albert Lea, MN Updated, edge of town, room to play, park toys and more! Move in ready 3 bedrooms on one l...	3 beds \| 1 baths \| 1,534 sq.ft.	$172,900	Airbnb cash on cash: 5.34% Traditional cash on cash: 8.94% Airbnb Rental Income: $1794 Traditional Rental Income: $1898 Airbnb ROI: 5.34% Traditional ROI: 8.94%
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: 0.66% Traditional cash on cash: 4.84% Airbnb Rental Income: $1794 Traditional Rental Income: $2973 Airbnb ROI: 0.66% 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.	$259,900	Airbnb cash on cash: 3.03% Traditional cash on cash: 7.34% Airbnb Rental Income: $1794 Traditional Rental Income: $2363 Airbnb ROI: 3.03% Traditional ROI: 7.34%
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: 2.13% Traditional cash on cash: 7.5% Airbnb Rental Income: $1994 Traditional Rental Income: $3284 Airbnb ROI: 2.13% Traditional ROI: 7.5%
1008 James Ave Albert Lea, MN Well maintained two bedroom and one bath home. Home boasts hardwood floors throughout. Liv...	2 beds \| 1 baths \| 1,095 sq.ft.	$139,900	Airbnb cash on cash: 2.19% Traditional cash on cash: 9.23% Airbnb Rental Income: $976 Traditional Rental Income: $1570 Airbnb ROI: 2.19% Traditional ROI: 9.23%
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: 1.85% Traditional cash on cash: 5.93% Airbnb Rental Income: $1794 Traditional Rental Income: $2629 Airbnb ROI: 1.85% Traditional ROI: 5.93%
713 Cedar Ave Albert Lea, MN Nice clean one-story 3-4 bedroom, 2 bath home, recently painted most of main floor, new ca...	4 beds \| 2 baths \| 1,012 sq.ft.	$172,900	Airbnb cash on cash: 6.87% Traditional cash on cash: 9.89% Airbnb Rental Income: $1994 Traditional Rental Income: $1970 Airbnb ROI: 6.87% Traditional ROI: 9.89%
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.	$178,000	Airbnb cash on cash: 5.53% Traditional cash on cash: 9.15% Airbnb Rental Income: $1794 Traditional Rental Income: $1920 Airbnb ROI: 5.53% Traditional ROI: 9.15%
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: 8.43% Traditional cash on cash: 11.27% Airbnb Rental Income: $1794 Traditional Rental Income: $1655 Airbnb ROI: 8.43% Traditional ROI: 11.27%
1404 Plainview Ln Albert Lea, MN Nice 3 bedroom home with permanent siding, 2 stall garage. 3 bedroom on main level with fu...	3 beds \| 1 baths \| 1,755 sq.ft.	$180,000	Airbnb cash on cash: 5.33% Traditional cash on cash: 8.65% Airbnb Rental Income: $1794 Traditional Rental Income: $1874 Airbnb ROI: 5.33% Traditional ROI: 8.65%
113 S 7th Ave Albert Lea, MN Nice clean , well kept 3 bedroom ranch home with loads of charm. All bedrooms are on main ...	3 beds \| 1 baths \| 912 sq.ft.	$134,900	Airbnb cash on cash: 7.79% Traditional cash on cash: 10.79% Airbnb Rental Income: $1794 Traditional Rental Income: $1695 Airbnb ROI: 7.79% Traditional ROI: 10.79%
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.	$434,900	Airbnb cash on cash: 1.26% Traditional cash on cash: 4.96% Airbnb Rental Income: $1994 Traditional Rental Income: $2983 Airbnb ROI: 1.26% Traditional ROI: 4.96%
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: 3.99% Traditional cash on cash: 9.9% Airbnb Rental Income: $1794 Traditional Rental Income: $2484 Airbnb ROI: 3.99% Traditional ROI: 9.9%
122 Brent Dr Albert Lea, MN This must-see home is located on a quiet street on the edge of town. Well maintained with ...	4 beds \| 2 baths \| 1,814 sq.ft.	$199,000	Airbnb cash on cash: 5.2% Traditional cash on cash: 9.43% Airbnb Rental Income: $1994 Traditional Rental Income: $2272 Airbnb ROI: 5.2% Traditional ROI: 9.43%
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.	$284,900	Airbnb cash on cash: 3.03% Traditional cash on cash: 6.96% Airbnb Rental Income: $1994 Traditional Rental Income: $2528 Airbnb ROI: 3.03% Traditional ROI: 6.96%
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: 5.38% Traditional cash on cash: 8.56% Airbnb Rental Income: $1794 Traditional Rental Income: $1820 Airbnb ROI: 5.38% 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: 2.72% Traditional cash on cash: 3.4% Airbnb Rental Income: $1794 Traditional Rental Income: $1466 Airbnb ROI: 2.72% Traditional ROI: 3.4%
928 Bridge Ave Albert Lea, MN Very well maintained three bedroom home located on the north side of Albert Lea. This home...	3 beds \| 1 baths \| 1,331 sq.ft.	$169,900	Airbnb cash on cash: 5.6% Traditional cash on cash: 5.84% Airbnb Rental Income: $1794 Traditional Rental Income: $1346 Airbnb ROI: 5.6% Traditional ROI: 5.84%
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: 2.37% Traditional cash on cash: 6.96% Airbnb Rental Income: $1794 Traditional Rental Income: $2496 Airbnb ROI: 2.37% 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: 0.6% Traditional cash on cash: 2.11% Airbnb Rental Income: $1794 Traditional Rental Income: $2119 Airbnb ROI: 0.6% 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: 2.49% Traditional cash on cash: 5.32% Airbnb Rental Income: $1994 Traditional Rental Income: $2337 Airbnb ROI: 2.49% Traditional ROI: 5.32%

Real Estate investment in Albert-lea, MN

There are 172 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 $108. In October 2026, the average monthly cash on cash return in Albert Lea is 8.00%. The average monthly rental income in Albert Lea is $2,075.

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

There are 172 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 $2,075.

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: 2.51%

Traditional cash on cash: 5.91%

Airbnb Rental Income: $1994

Traditional Rental Income: $2575

Airbnb ROI: 2.51%

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%

Traditional cash on cash: 6.19%

Airbnb Rental Income: $1794

Traditional Rental Income: $2075

Airbnb ROI: 3%

Traditional ROI: 6.19%

314 Meredith Rd

Albert Lea, MN

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

$324,999

Airbnb cash on cash: 2.12%

Traditional cash on cash: 5.54%

Airbnb Rental Income: $1794

Traditional Rental Income: $2351

Airbnb ROI: 2.12%

Traditional ROI: 5.54%

202 North Ln

Albert Lea, MN

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

$310,000

Airbnb cash on cash: 1.72%

Traditional cash on cash: 5.71%

Airbnb Rental Income: $1794

Traditional Rental Income: $2472

Airbnb ROI: 1.72%

Traditional ROI: 5.71%

1617 Crystal Dr

Albert Lea, MN

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

$189,000

Airbnb cash on cash: 5.43%

Traditional cash on cash: 8.81%

Airbnb Rental Income: $1794

Traditional Rental Income: $1914

Airbnb ROI: 5.43%

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: 5.07%

Traditional cash on cash: 10.35%

Airbnb Rental Income: $1994

Traditional Rental Income: $2568

Airbnb ROI: 5.07%

Traditional ROI: 10.35%

1304 Swanhill Dr

Albert Lea, MN

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

$239,900

Airbnb cash on cash: 3.3%

Traditional cash on cash: 8.57%

Airbnb Rental Income: $1794

Traditional Rental Income: $2501

Airbnb ROI: 3.3%

Traditional ROI: 8.57%

922 Jefferson Ave

Albert Lea, MN

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

$164,999

Airbnb cash on cash: 6.18%

Traditional cash on cash: 11.89%

Airbnb Rental Income: $1794

Traditional Rental Income: $2205

Airbnb ROI: 6.18%