Real Estate Investment Properties for Sale in Alexandria, MN

Looking for investment property in Alexandria, MN with high ROI ?

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

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
2960 Wilderness Ridge Road SE Alexandria, MN How often have you heard this? âThis property is a must see!â This home is exactly tha...	4 beds \| 3 baths \| 2,522 sq.ft.	$468,000	Airbnb cash on cash: 1.12% Traditional cash on cash: 4.97% Airbnb Rental Income: $1815 Traditional Rental Income: $3008 Airbnb ROI: 1.12% Traditional ROI: 4.97%
2807 Government Point Road NE Alexandria, MN Welcome to this stunning brick two-story home, built by Clarence Lang, on the highly sough...	4 beds \| 6 baths \| 4,739 sq.ft.	$2,600,000	Airbnb cash on cash: -1.36% Traditional cash on cash: 0.89% Airbnb Rental Income: $1815 Traditional Rental Income: $6757 Airbnb ROI: -1.36% Traditional ROI: 0.89%
1415 Lake Street #105 Alexandria, MN Welcome to the Senator! You will fall in love both with this updated, clean and fresh con...	2 beds \| 1 baths \| 1,217 sq.ft.	$199,000	Airbnb cash on cash: -0.83% Traditional cash on cash: 3.61% Airbnb Rental Income: $1238 Traditional Rental Income: $1682 Airbnb ROI: -0.83% Traditional ROI: 3.61%
1407 Elm Street Alexandria, MN Updated rambler in the prime west-side location of Alexandria! This beautifully updated 3...	3 beds \| 2 baths \| 1,616 sq.ft.	$269,000	Airbnb cash on cash: 2.52% Traditional cash on cash: 5.59% Airbnb Rental Income: $1747 Traditional Rental Income: $2047 Airbnb ROI: 2.52% Traditional ROI: 5.59%
2600 Big Horn Bay Road NW #38 Alexandria, MN Enjoy lakeside living at Big Horn Cove Resort on Lake Ida in Alexandria, Minnesota, where ...	2 beds \| 1 baths \| 624 sq.ft.	$149,900	Airbnb cash on cash: 3.17% Traditional cash on cash: 6.98% Airbnb Rental Income: $1238 Traditional Rental Income: $1389 Airbnb ROI: 3.17% Traditional ROI: 6.98%
2503 S Le Homme Dieu Drive NE Alexandria, MN Discover serene lakeside living on highly sought-after Lake Le Homme Dieu on Alexandriaâ...	4 beds \| 2 baths \| 1,844 sq.ft.	$1,150,000	Airbnb cash on cash: -0.39% Traditional cash on cash: 1.11% Airbnb Rental Income: $1815 Traditional Rental Income: $2926 Airbnb ROI: -0.39% Traditional ROI: 1.11%
417 6th Avenue W Alexandria, MN This stunning turn of the century home has all the character and beauty we expect of a hom...	5 beds \| 2 baths \| 3,057 sq.ft.	$449,900	Airbnb cash on cash: 3.94% Traditional cash on cash: 5.3% Airbnb Rental Income: $3144 Traditional Rental Income: $3007 Airbnb ROI: 3.94% Traditional ROI: 5.3%
1321 S Darling Drive NW Alexandria, MN Great opportunity to get on Lake Darling and the chain of lakes. You get your own boat sli...	2 beds \| 1 baths \| 480 sq.ft.	$250,000	Airbnb cash on cash: -4.56% Traditional cash on cash: -0.83% Airbnb Rental Income: $1238 Traditional Rental Income: $1724 Airbnb ROI: -4.56% Traditional ROI: -0.83%
151 Woodsmen Drive NE Alexandria, MN Here's a great opportunity, a recently remodeled single-level home set on 7.29 acres with ...	5 beds \| 3 baths \| 2,810 sq.ft.	$409,000	Airbnb cash on cash: 4.49% Traditional cash on cash: 5.78% Airbnb Rental Income: $3144 Traditional Rental Income: $2926 Airbnb ROI: 4.49% Traditional ROI: 5.78%
205 Ashley Lane Alexandria, MN Donât miss out on this stunning Ashley Pond townhome nestled in the heart of Alexandria!...	4 beds \| 4 baths \| 3,798 sq.ft.	$429,900	Airbnb cash on cash: 0.47% Traditional cash on cash: 4.6% Airbnb Rental Income: $1815 Traditional Rental Income: $2987 Airbnb ROI: 0.47% Traditional ROI: 4.6%
206 Diamond Court Alexandria, MN Move-In Ready! Eligible for 5-Year City Tax Abatement This newly finished single-story twi...	2 beds \| 2 baths \| 1,354 sq.ft.	$335,000	Airbnb cash on cash: 0.12% Traditional cash on cash: 4.71% Airbnb Rental Income: $1238 Traditional Rental Income: $2287 Airbnb ROI: 0.12% Traditional ROI: 4.71%
7758 County Road 21 SW Alexandria, MN Unlimited potential with this investment opportunity! Discover this exceptional 200-acre h...	1 beds \| 1 baths \| N/A	$2,700,000	Airbnb cash on cash: -0.65% Traditional cash on cash: -0.61% Airbnb Rental Income: $1778 Traditional Rental Income: $1403 Airbnb ROI: -0.65% Traditional ROI: -0.61%
1744 Old County Road 120 NE #3 Alexandria, MN Lake Le Homme Dieu opportunity! You cannot get any closer than this to the water and the v...	2 beds \| 1 baths \| 720 sq.ft.	$548,000	Airbnb cash on cash: -0.47% Traditional cash on cash: 1.02% Airbnb Rental Income: $1238 Traditional Rental Income: $1607 Airbnb ROI: -0.47% Traditional ROI: 1.02%
324 Old Glory Dr NE Alexandria, MN Welcome to luxury, low-maintenance living in this beautifully crafted 3-bedroom, 2-bathroo...	3 beds \| 2 baths \| 1,720 sq.ft.	$405,000	Airbnb cash on cash: 1.51% Traditional cash on cash: 5.3% Airbnb Rental Income: $1747 Traditional Rental Income: $2705 Airbnb ROI: 1.51% Traditional ROI: 5.3%
616 E Lake Cowdry Road NW Alexandria, MN Lakefront Living at Its Best on Lake Cowdry. Welcome to this charming lake cabin on beauti...	3 beds \| 2 baths \| 1,481 sq.ft.	$530,000	Airbnb cash on cash: 0.77% Traditional cash on cash: 3.36% Airbnb Rental Income: $1747 Traditional Rental Income: $2549 Airbnb ROI: 0.77% Traditional ROI: 3.36%
7870 Cottage Lane SW #19 Alexandria, MN Welcome to Cottage Grove Resort, located on the serene shores of Lake Andrew in Alexandria...	1 beds \| 1 baths \| 300 sq.ft.	$85,000	Airbnb cash on cash: 9.81% Traditional cash on cash: 11.36% Airbnb Rental Income: $1778 Traditional Rental Income: $1422 Airbnb ROI: 9.81% Traditional ROI: 11.36%
12468 Hermosa Beach Road NW Alexandria, MN Alexandria Lakes area home, this beautifully updated multi-level home offers the perfect b...	4 beds \| 2 baths \| 2,734 sq.ft.	$588,000	Airbnb cash on cash: 0.52% Traditional cash on cash: 3.11% Airbnb Rental Income: $1815 Traditional Rental Income: $2748 Airbnb ROI: 0.52% Traditional ROI: 3.11%
1346 Faith Hill Drive SW Alexandria, MN Construction has started and will be completed by this fall on this this exquisite, fully ...	5 beds \| 3 baths \| 2,715 sq.ft.	$464,900	Airbnb cash on cash: 4.28% Traditional cash on cash: 6.29% Airbnb Rental Income: $3144 Traditional Rental Income: $3306 Airbnb ROI: 4.28% Traditional ROI: 6.29%
1205 Melvina Road SW Alexandria, MN Discover the perfect blend of spacious living and peaceful countryside with this 5-bedroom...	5 beds \| 3 baths \| 4,272 sq.ft.	$579,000	Airbnb cash on cash: 2.81% Traditional cash on cash: 4.75% Airbnb Rental Income: $3144 Traditional Rental Income: $3482 Airbnb ROI: 2.81% Traditional ROI: 4.75%
1007 Van Dyke Road NW Alexandria, MN For over 112 years, this stunning 2-story home has stood gracefully on the shores of Lake ...	3 beds \| 2 baths \| 3,378 sq.ft.	$789,900	Airbnb cash on cash: 0.2% Traditional cash on cash: 2.14% Airbnb Rental Income: $1747 Traditional Rental Income: $2690 Airbnb ROI: 0.2% Traditional ROI: 2.14%
4132 Omaha Lane NW Alexandria, MN Beautiful Year-Round Lake Home in Ida West on Lake Ida. Nestled within a small association...	4 beds \| 3 baths \| 2,780 sq.ft.	$647,000	Airbnb cash on cash: -0.07% Traditional cash on cash: 3.06% Airbnb Rental Income: $1815 Traditional Rental Income: $3216 Airbnb ROI: -0.07% Traditional ROI: 3.06%
1101 Madisson Street Alexandria, MN Discover comfort, space and convenience in this well-maintained 5 bedroom, 4 bathroom, 3 s...	5 beds \| 4 baths \| 2,312 sq.ft.	$425,000	Airbnb cash on cash: 3.95% Traditional cash on cash: 5.77% Airbnb Rental Income: $3144 Traditional Rental Income: $3154 Airbnb ROI: 3.95% Traditional ROI: 5.77%
301 8th Avenue E Alexandria, MN Fresh updates, a nice yard, and plenty of room to spread outâthis home has all the good ...	2 beds \| 1 baths \| 1,352 sq.ft.	$164,900	Airbnb cash on cash: 2.92% Traditional cash on cash: 8.89% Airbnb Rental Income: $1238 Traditional Rental Income: $1781 Airbnb ROI: 2.92% Traditional ROI: 8.89%
1500 Mc Auliffe Place NW Alexandria, MN Welcome to your dream home! This exceptional property offers the perfect blend of comfort,...	4 beds \| 4 baths \| 3,870 sq.ft.	$574,500	Airbnb cash on cash: 0.38% Traditional cash on cash: 5.05% Airbnb Rental Income: $1815 Traditional Rental Income: $3828 Airbnb ROI: 0.38% Traditional ROI: 5.05%
5776 County Road 23 SE Alexandria, MN This beautiful 15-acre Hobby Ranch offers a log-sided home with a large, partially covered...	3 beds \| 2 baths \| 2,066 sq.ft.	$640,000	Airbnb cash on cash: 0.4% Traditional cash on cash: 2.82% Airbnb Rental Income: $1747 Traditional Rental Income: $2714 Airbnb ROI: 0.4% Traditional ROI: 2.82%
2040 Fairview Beach Road NE Alexandria, MN Looking for a relaxing lifestyle, this might be the property for you! Just minutes from th...	2 beds \| 2 baths \| 1,866 sq.ft.	$550,000	Airbnb cash on cash: 0% Traditional cash on cash: 3.55% Airbnb Rental Income: $1238 Traditional Rental Income: $2665 Airbnb ROI: 0% Traditional ROI: 3.55%
613 Temple Street Alexandria, MN This updated 2-bedroom, 2-bath townhome offers convenient main-floor living just minutes f...	2 beds \| 2 baths \| 1,957 sq.ft.	$289,900	Airbnb cash on cash: 0.58% Traditional cash on cash: 6.17% Airbnb Rental Income: $1238 Traditional Rental Income: $2370 Airbnb ROI: 0.58% Traditional ROI: 6.17%
250 Rodeo Road Alexandria, MN Luxury Meets Comfort at Arabella Ranch - Discover the perfect blend of elegance and ease i...	3 beds \| 3 baths \| 2,458 sq.ft.	$529,000	Airbnb cash on cash: 0.15% Traditional cash on cash: 4% Airbnb Rental Income: $1747 Traditional Rental Income: $3172 Airbnb ROI: 0.15% Traditional ROI: 4%
615 Woodsmen Drive NE Alexandria, MN Pride of Ownership Shines in This Private Walkout Rambler Near Carlos State Park! Tucked a...	3 beds \| 3 baths \| 2,947 sq.ft.	$649,900	Airbnb cash on cash: 0.38% Traditional cash on cash: 3.46% Airbnb Rental Income: $1747 Traditional Rental Income: $3134 Airbnb ROI: 0.38% Traditional ROI: 3.46%

Real Estate investment in Alexandria, MN

There are 76 properties for sale in the city of Alexandria . The median list price in Alexandria is $414,000 and the average price per square foot is $187. In October 2025, the average monthly cash on cash return in Alexandria is 5.00%. The average monthly rental income in Alexandria is $2,744.

Alexandria, MN Real Estate Investing: FAQs for Buyers, Sellers and Investors

There are 76 investment properties available for sale in Alexandria.

In 2025, the best neighborhood to buy investment property is Alexandria.

The ROI for Long-Term is higher than the Short-Term in Alexandria with average rental income of $2,744.

Your search for investment property begins and ends here

Investment Property for Sale in Alexandria, MN

2960 Wilderness Ridge Road SE

Alexandria, MN

4 beds | 3 baths | 2,522 sq.ft.

$468,000

Airbnb cash on cash: 1.12%

Traditional cash on cash: 4.97%

Airbnb Rental Income: $1815

Traditional Rental Income: $3008

Airbnb ROI: 1.12%

Traditional ROI: 4.97%

2807 Government Point Road NE

Alexandria, MN

4 beds | 6 baths | 4,739 sq.ft.

$2,600,000

Airbnb cash on cash: -1.36%

Traditional cash on cash: 0.89%

Airbnb Rental Income: $1815

Traditional Rental Income: $6757

Airbnb ROI: -1.36%

Traditional ROI: 0.89%

1415 Lake Street #105

Alexandria, MN

2 beds | 1 baths | 1,217 sq.ft.

$199,000

Airbnb cash on cash: -0.83%

Traditional cash on cash: 3.61%

Airbnb Rental Income: $1238

Traditional Rental Income: $1682

Airbnb ROI: -0.83%

Traditional ROI: 3.61%

1407 Elm Street

Alexandria, MN

3 beds | 2 baths | 1,616 sq.ft.

$269,000

Airbnb cash on cash: 2.52%

Traditional cash on cash: 5.59%

Airbnb Rental Income: $1747

Traditional Rental Income: $2047

Airbnb ROI: 2.52%

Traditional ROI: 5.59%

2600 Big Horn Bay Road NW #38

Alexandria, MN

2 beds | 1 baths | 624 sq.ft.

$149,900

Airbnb cash on cash: 3.17%

Traditional cash on cash: 6.98%

Airbnb Rental Income: $1238

Traditional Rental Income: $1389

Airbnb ROI: 3.17%

Traditional ROI: 6.98%

2503 S Le Homme Dieu Drive NE

Alexandria, MN

4 beds | 2 baths | 1,844 sq.ft.

$1,150,000

Airbnb cash on cash: -0.39%

Traditional cash on cash: 1.11%

Airbnb Rental Income: $1815

Traditional Rental Income: $2926

Airbnb ROI: -0.39%

Traditional ROI: 1.11%

417 6th Avenue W

Alexandria, MN

5 beds | 2 baths | 3,057 sq.ft.

$449,900

Airbnb cash on cash: 3.94%

Traditional cash on cash: 5.3%

Airbnb Rental Income: $3144

Traditional Rental Income: $3007

Airbnb ROI: 3.94%

Traditional ROI: 5.3%

1321 S Darling Drive NW

Alexandria, MN

2 beds | 1 baths | 480 sq.ft.

$250,000

Airbnb cash on cash: -4.56%

Traditional cash on cash: -0.83%

Airbnb Rental Income: $1238

Traditional Rental Income: $1724

Airbnb ROI: -4.56%