Real Estate Investment Properties for Sale in Deerwood, MN

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

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

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
23605 State Highway 18 Deerwood, MN Are you looking for country living at its absolute finest? This thoughtfully maintained an...	3 beds \| 2 baths \| 1,680 sq.ft.	$459,900	Airbnb cash on cash: N/A Traditional cash on cash: 3.39% Airbnb Rental Income: $null Traditional Rental Income: $2124 Airbnb ROI: N/A Traditional ROI: 3.39%
23607 Warren Court Deerwood, MN Experience lakefront living at its finest on the Crooked Lake Chain with a rare 1,000+ ft ...	3 beds \| 2 baths \| 2,684 sq.ft.	$924,900	Airbnb cash on cash: N/A Traditional cash on cash: 2.04% Airbnb Rental Income: $null Traditional Rental Income: $3000 Airbnb ROI: N/A Traditional ROI: 2.04%
17433 Old Highway 6 #14 Deerwood, MN Instead of going up to the lake to work on the house, go up to enjoy it!! This Lakeside V...	3 beds \| 3 baths \| 2,030 sq.ft.	$369,900	Airbnb cash on cash: N/A Traditional cash on cash: 6.19% Airbnb Rental Income: $null Traditional Rental Income: $2760 Airbnb ROI: N/A Traditional ROI: 6.19%
21414 Beach Road Deerwood, MN Welcome to your dream lake place on highly desirable Serpent Lake! This beautifully mainta...	3 beds \| 2 baths \| 2,500 sq.ft.	$949,900	Airbnb cash on cash: N/A Traditional cash on cash: 1.97% Airbnb Rental Income: $null Traditional Rental Income: $3049 Airbnb ROI: N/A Traditional ROI: 1.97%
Investment Properties for Sale in Other Cities of Minnesota
4428 Aldrich Avenue S Minneapolis , MN Beautiful East Harriet 2 story home ! A short walk to Lake Harriet & Rose Gardens ! 3 good...	3 beds \| 2 baths \| 1,503 sq.ft.	$499,900	Airbnb cash on cash: N/A Traditional cash on cash: 2.21% Airbnb Rental Income: $null Traditional Rental Income: $2195 Airbnb ROI: N/A Traditional ROI: 2.21%
740 Portland Avenue #801 Minneapolis , MN Experience elevated city living in Unit 801 at Portland Towerâa sleek 8th floor corner c...	2 beds \| 2 baths \| 1,599 sq.ft.	$525,000	Airbnb cash on cash: N/A Traditional cash on cash: 2.07% Airbnb Rental Income: $null Traditional Rental Income: $3237 Airbnb ROI: N/A Traditional ROI: 2.07%
1128 Kenwood Parkway Minneapolis , MN Discover unparalleled modern living in this extraordinary architectural townhome, designed...	4 beds \| 5 baths \| 5,242 sq.ft.	$1,150,000	Airbnb cash on cash: N/A Traditional cash on cash: 0.63% Airbnb Rental Income: $null Traditional Rental Income: $4470 Airbnb ROI: N/A Traditional ROI: 0.63%
410 Groveland Avenue #1906 Minneapolis , MN Wake up to unbelievable views from this beautifully remodeled and freshly painted 1-bedroo...	1 beds \| 1 baths \| 680 sq.ft.	$150,000	Airbnb cash on cash: N/A Traditional cash on cash: 2.42% Airbnb Rental Income: $null Traditional Rental Income: $1373 Airbnb ROI: N/A Traditional ROI: 2.42%
2885 Knox Avenue S #803 Minneapolis , MN Beautifully updated 1-bedroom, 1-bath condo in a sought-after Minneapolis high-riseâjust...	1 beds \| 1 baths \| 900 sq.ft.	$249,000	Airbnb cash on cash: N/A Traditional cash on cash: 0.16% Airbnb Rental Income: $null Traditional Rental Income: $1512 Airbnb ROI: N/A Traditional ROI: 0.16%
36943 Sundance Loop #822 Crosslake , MN Listed $31,000 under 2025 Appraised Value $510,000. Sundance Ridge on the Whitefish Chain ...	2 beds \| 2 baths \| 1,212 sq.ft.	$479,900	Airbnb cash on cash: N/A Traditional cash on cash: 1.45% Airbnb Rental Income: $null Traditional Rental Income: $2300 Airbnb ROI: N/A Traditional ROI: 1.45%
21286 345th Street Erhard , MN Escape to the country with this beautiful 4 bedroom, 2 bath home set on 8 acres of peace a...	4 beds \| 2 baths \| 3,229 sq.ft.	$425,000	Airbnb cash on cash: N/A Traditional cash on cash: 5% Airbnb Rental Income: $null Traditional Rental Income: $2746 Airbnb ROI: N/A Traditional ROI: 5%
5337 Sailor Lane Brooklyn Center , MN Welcome to this spacious and thoughtfully designed 3-bedroom, 2-bath home in Brooklyn Cent...	3 beds \| 2 baths \| 1,991 sq.ft.	$299,900	Airbnb cash on cash: N/A Traditional cash on cash: 5.46% Airbnb Rental Income: $null Traditional Rental Income: $2318 Airbnb ROI: N/A Traditional ROI: 5.46%
1852 James Avenue Saint Paul , MN Rebuilt from the ground up in 2016 and enhanced with a series of remarkable upgrades, this...	3 beds \| 3 baths \| 2,073 sq.ft.	$749,900	Airbnb cash on cash: N/A Traditional cash on cash: 0.56% Airbnb Rental Income: $null Traditional Rental Income: $2339 Airbnb ROI: N/A Traditional ROI: 0.56%
406 Wacouta Street #515 Saint Paul , MN Welcome to this stunning Saint Paul condo offering timeless character and modern comfort! ...	1 beds \| 1 baths \| 1,021 sq.ft.	$290,000	Airbnb cash on cash: N/A Traditional cash on cash: 0.38% Airbnb Rental Income: $null Traditional Rental Income: $1677 Airbnb ROI: N/A Traditional ROI: 0.38%
3895 Division Street W Backus , MN Private, move-in ready remodeled log home on 4.63 acres tucked back in the woods. Home fea...	3 beds \| 1 baths \| 1,926 sq.ft.	$349,900	Airbnb cash on cash: N/A Traditional cash on cash: 4.66% Airbnb Rental Income: $null Traditional Rental Income: $2069 Airbnb ROI: N/A Traditional ROI: 4.66%
3740 8th Street NW Rochester , MN First time home buyers may qualify for $10,000 PATH Grant for this move in ready 3 bedroom...	3 beds \| 2 baths \| 1,642 sq.ft.	$309,900	Airbnb cash on cash: N/A Traditional cash on cash: 5.52% Airbnb Rental Income: $null Traditional Rental Income: $2325 Airbnb ROI: N/A Traditional ROI: 5.52%
1339 280th Street Cushing , MN This home sits on a very private 10 acres. Absolutely no neighbors! 2 bed 1 bath patio hom...	2 beds \| 1 baths \| 1,344 sq.ft.	$349,900	Airbnb cash on cash: N/A Traditional cash on cash: 3.74% Airbnb Rental Income: $null Traditional Rental Income: $1766 Airbnb ROI: N/A Traditional ROI: 3.74%

Real Estate investment in Deerwood, MN

There are 4 properties for sale in the city of Deerwood . The median list price in Deerwood is $692,400 and the average price per square foot is $311. In December 2025, the average monthly cash on cash return in Deerwood is 3.00%. The average monthly rental income in Deerwood is $3,000.

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

There are 4 investment properties available for sale in Deerwood.

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

The ROI for Short-Term is higher than the Long-Term in Deerwood with average rental income of $N/A.

Your search for investment property begins and ends here

Investment Property for Sale in Deerwood, MN

23605 State Highway 18

Deerwood, MN

3 beds | 2 baths | 1,680 sq.ft.

$459,900

Airbnb cash on cash: N/A

Traditional cash on cash: 3.39%

Airbnb Rental Income: $null

Traditional Rental Income: $2124

Airbnb ROI: N/A

Traditional ROI: 3.39%

23607 Warren Court

Deerwood, MN

3 beds | 2 baths | 2,684 sq.ft.

$924,900

Airbnb cash on cash: N/A

Traditional cash on cash: 2.04%

Airbnb Rental Income: $null

Traditional Rental Income: $3000

Airbnb ROI: N/A

Traditional ROI: 2.04%

17433 Old Highway 6 #14

Deerwood, MN

3 beds | 3 baths | 2,030 sq.ft.

$369,900

Airbnb cash on cash: N/A

Traditional cash on cash: 6.19%

Airbnb Rental Income: $null

Traditional Rental Income: $2760

Airbnb ROI: N/A

Traditional ROI: 6.19%

21414 Beach Road

Deerwood, MN

3 beds | 2 baths | 2,500 sq.ft.

$949,900

Airbnb cash on cash: N/A

Traditional cash on cash: 1.97%

Airbnb Rental Income: $null

Traditional Rental Income: $3049

Airbnb ROI: N/A

Traditional ROI: 1.97%

Investment Properties for Sale in Other Cities of Minnesota

Minneapolis , MN

3 beds | 2 baths | 1,503 sq.ft.

$499,900

Airbnb cash on cash: N/A

Traditional cash on cash: 2.21%

Airbnb Rental Income: $null

Traditional Rental Income: $2195

Airbnb ROI: N/A

Traditional ROI: 2.21%

Minneapolis , MN

2 beds | 2 baths | 1,599 sq.ft.

$525,000

Airbnb cash on cash: N/A

Traditional cash on cash: 2.07%

Airbnb Rental Income: $null

Traditional Rental Income: $3237

Airbnb ROI: N/A

Traditional ROI: 2.07%

Minneapolis , MN

4 beds | 5 baths | 5,242 sq.ft.

$1,150,000

Airbnb cash on cash: N/A

Traditional cash on cash: 0.63%

Airbnb Rental Income: $null

Traditional Rental Income: $4470

Airbnb ROI: N/A

Traditional ROI: 0.63%

Minneapolis , MN

1 beds | 1 baths | 680 sq.ft.

$150,000

Airbnb cash on cash: N/A

Traditional cash on cash: 2.42%

Airbnb Rental Income: $null

Traditional Rental Income: $1373

Airbnb ROI: N/A

Traditional ROI: 2.42%

Minneapolis , MN

1 beds | 1 baths | 900 sq.ft.