Real Estate Investment Properties for Sale in Columbia Heights, MN

Looking for investment property in Columbia Heights, MN with high ROI ?

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

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
3979 Reservoir Boulevard Columbia Heights, MN BACK ON MARKET AND WITH A NEW PRICE- BUYER'S FINANCING FELL THROUGH! LIGHT FIXER-UPPER wi...	3 beds \| 2 baths \| 1,642 sq.ft.	$299,900	Airbnb cash on cash: 2.09% Traditional cash on cash: 5.59% Airbnb Rental Income: $1784 Traditional Rental Income: $2288 Airbnb ROI: 2.09% Traditional ROI: 5.59%
1142 Cheery Lane NE Columbia Heights, MN Opportunity knocks! Purchase as an investment property or live on one side and rent out th...	5 beds \| N/A baths \| 4,100 sq.ft.	$545,000	Airbnb cash on cash: 0.9% Traditional cash on cash: 2.34% Airbnb Rental Income: $2365 Traditional Rental Income: $2514 Airbnb ROI: 0.9% Traditional ROI: 2.34%
4559 Washington Street NE Columbia Heights, MN Step into comfort in this charming home situated on a spacious corner lot perfect for gath...	3 beds \| 2 baths \| 1,207 sq.ft.	$250,000	Airbnb cash on cash: 2.62% Traditional cash on cash: 5.46% Airbnb Rental Income: $1784 Traditional Rental Income: $1968 Airbnb ROI: 2.62% Traditional ROI: 5.46%
4223 Monroe Street NE Columbia Heights, MN Welcome to this charming 3 bedroom, 1 bathroom home filled with natural light and thoughtf...	3 beds \| 1 baths \| 1,200 sq.ft.	$240,000	Airbnb cash on cash: 3.17% Traditional cash on cash: 5.54% Airbnb Rental Income: $1784 Traditional Rental Income: $1836 Airbnb ROI: 3.17% Traditional ROI: 5.54%
1011 41st Avenue NE #222 Columbia Heights, MN Welcome to this well-maintained 2-bedroom, 1-bath end unit overlooking LaBelle Pond known ...	2 beds \| 1 baths \| 1,114 sq.ft.	$145,000	Airbnb cash on cash: 3.57% Traditional cash on cash: 3.69% Airbnb Rental Income: $1982 Traditional Rental Income: $1480 Airbnb ROI: 3.57% Traditional ROI: 3.69%
4928 4th Street NE Columbia Heights, MN This 1948-built 4-level split home offers 2 bedrooms, 2 bathrooms, and is situated on a fu...	2 beds \| 2 baths \| 1,884 sq.ft.	$280,900	Airbnb cash on cash: 2.43% Traditional cash on cash: 5.63% Airbnb Rental Income: $1982 Traditional Rental Income: $2310 Airbnb ROI: 2.43% Traditional ROI: 5.63%
4324 Royce Street NE Columbia Heights, MN This 3BR/2BA Columbia Heights home features an open kitchen, hardwood floors, fenced in ba...	3 beds \| 2 baths \| 1,238 sq.ft.	$350,000	Airbnb cash on cash: 1.64% Traditional cash on cash: 3.75% Airbnb Rental Income: $1784 Traditional Rental Income: $1990 Airbnb ROI: 1.64% Traditional ROI: 3.75%
999 41st Avenue NE #311 Columbia Heights, MN Live it up at LaBelle! Fantastic location with easy access to the city and highway along w...	2 beds \| 1 baths \| 1,012 sq.ft.	$145,000	Airbnb cash on cash: 3.74% Traditional cash on cash: 3.19% Airbnb Rental Income: $1982 Traditional Rental Income: $1387 Airbnb ROI: 3.74% Traditional ROI: 3.19%
4316 4th Street NE Columbia Heights, MN Park-like setting home with charm & privacy. Main level living with large kitchen, stackab...	3 beds \| 2 baths \| 1,472 sq.ft.	$299,900	Airbnb cash on cash: 2.04% Traditional cash on cash: 4.3% Airbnb Rental Income: $1784 Traditional Rental Income: $1936 Airbnb ROI: 2.04% Traditional ROI: 4.3%
4655 Chatham Road NE Columbia Heights, MN Welcome to 4655 Chatham Rd NE, a fully renovated home on a desirable corner lot in a quiet...	4 beds \| 2 baths \| 1,756 sq.ft.	$345,000	Airbnb cash on cash: 3.49% Traditional cash on cash: 5.24% Airbnb Rental Income: $2502 Traditional Rental Income: $2464 Airbnb ROI: 3.49% Traditional ROI: 5.24%
4415 Madison Street NE Columbia Heights, MN Welcome to 4415 Madison Street, a delightful 2-bedroom 1 bathroom home in the heart of Co...	2 beds \| 1 baths \| 1,115 sq.ft.	$189,995	Airbnb cash on cash: 5.2% Traditional cash on cash: 5.93% Airbnb Rental Income: $1982 Traditional Rental Income: $1595 Airbnb ROI: 5.2% Traditional ROI: 5.93%
999 41st Avenue NE #120NE Columbia Heights, MN This well-maintained condo is full of potential! While the finishes may be a bit dated, th...	2 beds \| 1 baths \| 1,029 sq.ft.	$139,000	Airbnb cash on cash: 4% Traditional cash on cash: 3.42% Airbnb Rental Income: $1982 Traditional Rental Income: $1385 Airbnb ROI: 4% Traditional ROI: 3.42%
1011 41st Avenue NE #208 Columbia Heights, MN Welcome to this beautifully maintained 2-bedroom, 1-bath condo nestled in a private, park-...	2 beds \| 1 baths \| 1,065 sq.ft.	$139,900	Airbnb cash on cash: 4.12% Traditional cash on cash: 4.29% Airbnb Rental Income: $1982 Traditional Rental Income: $1485 Airbnb ROI: 4.12% Traditional ROI: 4.29%
4205 Jefferson Street NE Columbia Heights, MN Rare 4-Bedroom Two-Story in Prime Location! Beautifully maintained and updated throughout,...	4 beds \| 1 baths \| 1,320 sq.ft.	$269,900	Airbnb cash on cash: 4.93% Traditional cash on cash: 4.4% Airbnb Rental Income: $2502 Traditional Rental Income: $1761 Airbnb ROI: 4.93% Traditional ROI: 4.4%
547 Lomianki Lane NE Columbia Heights, MN Beautifully maintained and move-in ready, this 4-bedroom, 4-bath home offers comfort and c...	4 beds \| 4 baths \| 2,115 sq.ft.	$329,000	Airbnb cash on cash: 2.7% Traditional cash on cash: 5.91% Airbnb Rental Income: $2502 Traditional Rental Income: $2886 Airbnb ROI: 2.7% Traditional ROI: 5.91%
4129 7th Street NE Columbia Heights, MN Charming Craftsman Bungalow Near Huset Park! This beautifully maintained Craftsman Bungalo...	5 beds \| 2 baths \| 2,395 sq.ft.	$369,900	Airbnb cash on cash: 2.93% Traditional cash on cash: 5.34% Airbnb Rental Income: $2365 Traditional Rental Income: $2620 Airbnb ROI: 2.93% Traditional ROI: 5.34%
5006 6th Street NE Columbia Heights, MN Welcome to 5006 6th St NE, a beautifully updated single-family home in the heart of Columb...	3 beds \| 1 baths \| 1,128 sq.ft.	$279,900	Airbnb cash on cash: 2.35% Traditional cash on cash: 3.3% Airbnb Rental Income: $1784 Traditional Rental Income: $1548 Airbnb ROI: 2.35% Traditional ROI: 3.3%
3852 La Belle Street Columbia Heights, MN Welcome 3852 La Belle St! This home features an open concept kitchen with a balcony off th...	3 beds \| 4 baths \| 2,160 sq.ft.	$314,999	Airbnb cash on cash: 0.53% Traditional cash on cash: 5.67% Airbnb Rental Income: $1784 Traditional Rental Income: $2820 Airbnb ROI: 0.53% Traditional ROI: 5.67%
1630 49th Avenue NE Columbia Heights, MN Welcome to this beautifully updated home offering both style and function! The brand new l...	3 beds \| 2 baths \| 2,408 sq.ft.	$320,000	Airbnb cash on cash: 1.34% Traditional cash on cash: 5.57% Airbnb Rental Income: $1784 Traditional Rental Income: $2571 Airbnb ROI: 1.34% Traditional ROI: 5.57%
4136 Madison Street NE Columbia Heights, MN Charming stucco and stone bungalow with front and back 3-season porches. Oversized 2-car g...	3 beds \| 2 baths \| 1,327 sq.ft.	$279,900	Airbnb cash on cash: 2.62% Traditional cash on cash: 5.34% Airbnb Rental Income: $1784 Traditional Rental Income: $2014 Airbnb ROI: 2.62% Traditional ROI: 5.34%
4213 Main Street NE Columbia Heights, MN Enjoy the character and comfort of this 3 bedroom affordable home. Natural light fills the...	3 beds \| 1 baths \| 1,729 sq.ft.	$284,000	Airbnb cash on cash: 2.3% Traditional cash on cash: 4.11% Airbnb Rental Income: $1784 Traditional Rental Income: $1781 Airbnb ROI: 2.3% Traditional ROI: 4.11%
3912 Cleveland Street NE Columbia Heights, MN Mid-Century Modern home with all the charm to make you feel at home. Amazing windows allo...	4 beds \| 3 baths \| 1,692 sq.ft.	$364,900	Airbnb cash on cash: 3.06% Traditional cash on cash: 5.07% Airbnb Rental Income: $2502 Traditional Rental Income: $2587 Airbnb ROI: 3.06% Traditional ROI: 5.07%
1011 41st Avenue NE #312 Columbia Heights, MN Welcome to this immaculate, move-in-ready 2-bedroom, 1-bath home offering an exceptional b...	2 beds \| 1 baths \| 1,100 sq.ft.	$140,000	Airbnb cash on cash: 3.46% Traditional cash on cash: 3.26% Airbnb Rental Income: $1982 Traditional Rental Income: $1435 Airbnb ROI: 3.46% Traditional ROI: 3.26%
4408 2nd Street NE Columbia Heights, MN Beautiful freshly rehabbed opportunity awaits at this charming 3-bedroom, 1-bath with deta...	3 beds \| 1 baths \| 1,281 sq.ft.	$275,000	Airbnb cash on cash: 2.06% Traditional cash on cash: 3.75% Airbnb Rental Income: $1784 Traditional Rental Income: $1737 Airbnb ROI: 2.06% Traditional ROI: 3.75%
4630 Taylor Street NE Columbia Heights, MN Well-maintained and competitively priced duplex in the heart of Columbia Heights! The lowe...	5 beds \| N/A baths \| 2,016 sq.ft.	$369,900	Airbnb cash on cash: 2.48% Traditional cash on cash: 3.81% Airbnb Rental Income: $2365 Traditional Rental Income: $2243 Airbnb ROI: 2.48% Traditional ROI: 3.81%
4130 3rd Street NE #103 Columbia Heights, MN Welcome home to this charming main-floor condo in the heart of Columbia Heights! Freshly p...	2 beds \| 1 baths \| 1,103 sq.ft.	$164,900	Airbnb cash on cash: 3.34% Traditional cash on cash: 3.93% Airbnb Rental Income: $1982 Traditional Rental Income: $1556 Airbnb ROI: 3.34% Traditional ROI: 3.93%
3932 Ulysses Street NE Columbia Heights, MN Welcome to this charming Columbia Heights home featuring timeless character and modern upd...	4 beds \| 2 baths \| 2,292 sq.ft.	$320,000	Airbnb cash on cash: 2.68% Traditional cash on cash: 5.14% Airbnb Rental Income: $2502 Traditional Rental Income: $2636 Airbnb ROI: 2.68% Traditional ROI: 5.14%
4507 5th Street NE Columbia Heights, MN Tucked on a beautiful residential street lined with mature trees and lush landscaping, thi...	3 beds \| 2 baths \| 1,720 sq.ft.	$285,000	Airbnb cash on cash: 2.27% Traditional cash on cash: 6.2% Airbnb Rental Income: $1784 Traditional Rental Income: $2351 Airbnb ROI: 2.27% Traditional ROI: 6.2%
1025 Gould Avenue NE Columbia Heights, MN Welcome to this charming Columbia Heights home that blends thoughtful updates with everyda...	3 beds \| 2 baths \| 2,079 sq.ft.	$369,900	Airbnb cash on cash: 1.06% Traditional cash on cash: 4.52% Airbnb Rental Income: $1784 Traditional Rental Income: $2499 Airbnb ROI: 1.06% Traditional ROI: 4.52%
613 Sullivan Drive NE Columbia Heights, MN Meticulously-maintained, this one level living townhome is charming and spacious with thre...	2 beds \| 2 baths \| 1,762 sq.ft.	$300,000	Airbnb cash on cash: 1.02% Traditional cash on cash: 3.66% Airbnb Rental Income: $1982 Traditional Rental Income: $2208 Airbnb ROI: 1.02% Traditional ROI: 3.66%

Real Estate investment in Columbia-heights, MN

There are 40 properties for sale in the city of Columbia Heights . The median list price in Columbia Heights is $289,950 and the average price per square foot is $177. In September 2025, the average monthly cash on cash return in Columbia Heights is 4.00%. The average monthly rental income in Columbia Heights is $1,979.

Columbia-heights, MN Real Estate Investing: FAQs for Buyers, Sellers and Investors

There are 40 investment properties available for sale in Columbia-heights.

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

The ROI for Long-Term is higher than the Short-Term in Columbia-heights with average rental income of $1,979.

Your search for investment property begins and ends here

Investment Property for Sale in Columbia Heights, MN

3979 Reservoir Boulevard

Columbia Heights, MN

3 beds | 2 baths | 1,642 sq.ft.

$299,900

Airbnb cash on cash: 2.09%

Traditional cash on cash: 5.59%

Airbnb Rental Income: $1784

Traditional Rental Income: $2288

Airbnb ROI: 2.09%

Traditional ROI: 5.59%

1142 Cheery Lane NE

Columbia Heights, MN

5 beds | N/A baths | 4,100 sq.ft.

$545,000

Airbnb cash on cash: 0.9%

Traditional cash on cash: 2.34%

Airbnb Rental Income: $2365

Traditional Rental Income: $2514

Airbnb ROI: 0.9%

Traditional ROI: 2.34%

4559 Washington Street NE

Columbia Heights, MN

3 beds | 2 baths | 1,207 sq.ft.

$250,000

Airbnb cash on cash: 2.62%

Traditional cash on cash: 5.46%

Airbnb Rental Income: $1784

Traditional Rental Income: $1968

Airbnb ROI: 2.62%

Traditional ROI: 5.46%

4223 Monroe Street NE

Columbia Heights, MN

3 beds | 1 baths | 1,200 sq.ft.

$240,000

Airbnb cash on cash: 3.17%

Traditional cash on cash: 5.54%

Airbnb Rental Income: $1784

Traditional Rental Income: $1836

Airbnb ROI: 3.17%

Traditional ROI: 5.54%

1011 41st Avenue NE #222

Columbia Heights, MN

2 beds | 1 baths | 1,114 sq.ft.

$145,000

Airbnb cash on cash: 3.57%

Traditional cash on cash: 3.69%

Airbnb Rental Income: $1982

Traditional Rental Income: $1480

Airbnb ROI: 3.57%

Traditional ROI: 3.69%

4928 4th Street NE

Columbia Heights, MN

2 beds | 2 baths | 1,884 sq.ft.

$280,900

Airbnb cash on cash: 2.43%

Traditional cash on cash: 5.63%

Airbnb Rental Income: $1982

Traditional Rental Income: $2310

Airbnb ROI: 2.43%

Traditional ROI: 5.63%

4324 Royce Street NE

Columbia Heights, MN

3 beds | 2 baths | 1,238 sq.ft.

$350,000

Airbnb cash on cash: 1.64%

Traditional cash on cash: 3.75%

Airbnb Rental Income: $1784

Traditional Rental Income: $1990

Airbnb ROI: 1.64%

Traditional ROI: 3.75%

999 41st Avenue NE #311

Columbia Heights, MN

2 beds | 1 baths | 1,012 sq.ft.

$145,000

Airbnb cash on cash: 3.74%

Traditional cash on cash: 3.19%

Airbnb Rental Income: $1982

Traditional Rental Income: $1387

Airbnb ROI: 3.74%