Real Estate Investment Properties for Sale in Elbow Lake, MN

Looking for investment property in Elbow Lake, MN with high ROI ?

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

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
21 10th Ave NE Elbow Lake, MN Welcome to this inviting 4-bedroom, 2-bathroom home perfectly situated on a desirable corn...	4 beds \| 2 baths \| 2,052 sq.ft.	$235,000	Airbnb cash on cash: N/A Traditional cash on cash: 8.48% Airbnb Rental Income: $null Traditional Rental Income: $2532 Airbnb ROI: N/A Traditional ROI: 8.48%
18685 State Hwy 79 Elbow Lake, MN Welcome to your perfect blend of country charm and small-town convenience! Nestled on the ...	3 beds \| 2 baths \| 1,760 sq.ft.	$285,000	Airbnb cash on cash: N/A Traditional cash on cash: 6.8% Airbnb Rental Income: $null Traditional Rental Income: $2319 Airbnb ROI: N/A Traditional ROI: 6.8%
314 10th Ave SE Elbow Lake, MN Come check out this well cared for and maintained home in Elbow Lake. The main floor feat...	3 beds \| 2 baths \| 1,848 sq.ft.	$229,900	Airbnb cash on cash: N/A Traditional cash on cash: 8.23% Airbnb Rental Income: $null Traditional Rental Income: $2376 Airbnb ROI: N/A Traditional ROI: 8.23%
227 1st St NW Elbow Lake, MN Charming 3-Bedroom Home with Lake Views in Elbow Lake Discover this cute and inviting t...	3 beds \| 1 baths \| 1,120 sq.ft.	$155,000	Airbnb cash on cash: N/A Traditional cash on cash: 8.92% Airbnb Rental Income: $null Traditional Rental Income: $1669 Airbnb ROI: N/A Traditional ROI: 8.92%
TBD Grandview Rd Elbow Lake, MN TBD Grandview Rd, Elbow Lake, MN 56531 \| Other	N/A beds \| N/A baths \| 3,276 sq.ft.	$36,900	Airbnb cash on cash: N/A Traditional cash on cash: 9.18% Airbnb Rental Income: $null Traditional Rental Income: $529 Airbnb ROI: N/A Traditional ROI: 9.18%
27322 Oak Point Rd Elbow Lake, MN 27322 Oak Point Rd, Elbow Lake, MN 56531 \| Single Family Residential	5 beds \| 2 baths \| 4,104 sq.ft.	$499,900	Airbnb cash on cash: N/A Traditional cash on cash: 2.38% Airbnb Rental Income: $null Traditional Rental Income: $2192 Airbnb ROI: N/A Traditional ROI: 2.38%
27361 Oak Point Rd Elbow Lake, MN 27361 Oak Point Rd, Elbow Lake, MN 56531 \| Other	N/A beds \| N/A baths \| N/A	$174,900	Airbnb cash on cash: N/A Traditional cash on cash: 1.05% Airbnb Rental Income: $null Traditional Rental Income: $618 Airbnb ROI: N/A Traditional ROI: 1.05%
811 E Division St Elbow Lake, MN 811 E Division St, Elbow Lake, MN 56531 \| Single Family Residential	4 beds \| 2 baths \| 2,352 sq.ft.	$239,000	Airbnb cash on cash: N/A Traditional cash on cash: 7.08% Airbnb Rental Income: $null Traditional Rental Income: $2168 Airbnb ROI: N/A Traditional ROI: 7.08%
27392 Oak Point Rd Elbow Lake, MN 27392 Oak Point Rd, Elbow Lake, MN 56531 \| Single Family Residential	4 beds \| 2 baths \| 2,048 sq.ft.	$640,000	Airbnb cash on cash: N/A Traditional cash on cash: 1.34% Airbnb Rental Income: $null Traditional Rental Income: $2156 Airbnb ROI: N/A Traditional ROI: 1.34%
19 7th Ave NE Elbow Lake, MN 19 7th Ave NE, Elbow Lake, MN 56531 \| Single Family Residential	2 beds \| 1 baths \| 2,506 sq.ft.	$159,900	Airbnb cash on cash: N/A Traditional cash on cash: 3.92% Airbnb Rental Income: $null Traditional Rental Income: $1041 Airbnb ROI: N/A Traditional ROI: 3.92%

Real Estate investment in Elbow-lake, MN

There are 13 properties for sale in the city of Elbow Lake . The median list price in Elbow Lake is $186,950 and the average price per square foot is $97. In May 2026, the average monthly cash on cash return in Elbow Lake is 8.00%. The average monthly rental income in Elbow Lake is $2,159.

Elbow-lake, MN Real Estate Investing: FAQs for Buyers, Sellers and Investors

There are 13 investment properties available for sale in Elbow-lake.

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

Your search for investment property begins and ends here

Investment Property for Sale in Elbow Lake, MN

21 10th Ave NE

Elbow Lake, MN

4 beds | 2 baths | 2,052 sq.ft.

$235,000

Airbnb cash on cash: N/A

Traditional cash on cash: 8.48%

Airbnb Rental Income: $null

Traditional Rental Income: $2532

Airbnb ROI: N/A

Traditional ROI: 8.48%

18685 State Hwy 79

Elbow Lake, MN

3 beds | 2 baths | 1,760 sq.ft.

$285,000

Airbnb cash on cash: N/A

Traditional cash on cash: 6.8%

Airbnb Rental Income: $null

Traditional Rental Income: $2319

Airbnb ROI: N/A

Traditional ROI: 6.8%

314 10th Ave SE

Elbow Lake, MN

3 beds | 2 baths | 1,848 sq.ft.

$229,900

Airbnb cash on cash: N/A

Traditional cash on cash: 8.23%

Airbnb Rental Income: $null

Traditional Rental Income: $2376

Airbnb ROI: N/A

Traditional ROI: 8.23%

227 1st St NW

Elbow Lake, MN

3 beds | 1 baths | 1,120 sq.ft.

$155,000

Airbnb cash on cash: N/A

Traditional cash on cash: 8.92%

Airbnb Rental Income: $null

Traditional Rental Income: $1669

Airbnb ROI: N/A

Traditional ROI: 8.92%

TBD Grandview Rd

Elbow Lake, MN

N/A beds | N/A baths | 3,276 sq.ft.

$36,900

Airbnb cash on cash: N/A

Traditional cash on cash: 9.18%

Airbnb Rental Income: $null

Traditional Rental Income: $529

Airbnb ROI: N/A

Traditional ROI: 9.18%

27322 Oak Point Rd

Elbow Lake, MN

5 beds | 2 baths | 4,104 sq.ft.

$499,900

Airbnb cash on cash: N/A

Traditional cash on cash: 2.38%

Airbnb Rental Income: $null

Traditional Rental Income: $2192

Airbnb ROI: N/A

Traditional ROI: 2.38%

27361 Oak Point Rd

Elbow Lake, MN

N/A beds | N/A baths | N/A

$174,900

Airbnb cash on cash: N/A

Traditional cash on cash: 1.05%

Airbnb Rental Income: $null

Traditional Rental Income: $618

Airbnb ROI: N/A

Traditional ROI: 1.05%

811 E Division St

Elbow Lake, MN

4 beds | 2 baths | 2,352 sq.ft.

$239,000

Airbnb cash on cash: N/A

Traditional cash on cash: 7.08%

Airbnb Rental Income: $null

Traditional Rental Income: $2168

Airbnb ROI: N/A