Real Estate Investment Properties for Sale in Elk River, MN

Looking for investment property in Elk River, MN with high ROI ?

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

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
11753 198th Avenue NW Elk River, MN YOUR PRIVATE RETREAT IN ELK RIVER! Nestled on 2.39 beautifully wooded acres in the sought-...	4 beds \| 3 baths \| 3,129 sq.ft.	$520,000	Airbnb cash on cash: 3.32% Traditional cash on cash: 3.23% Airbnb Rental Income: $3585 Traditional Rental Income: $2754 Airbnb ROI: 3.32% Traditional ROI: 3.23%
17950 Concord Street NW Elk River, MN Welcome to 17950 Concord St NW, Elk River, MN 55330! This well-maintained 2001-built home ...	4 beds \| 3 baths \| 3,215 sq.ft.	$479,900	Airbnb cash on cash: 3.78% Traditional cash on cash: 4.23% Airbnb Rental Income: $3585 Traditional Rental Income: $2997 Airbnb ROI: 3.78% Traditional ROI: 4.23%
12954 194th Lane NW Elk River, MN Available through 11/01, sellers are offering up to $6,500 toward buyer's closing costs, w...	5 beds \| 4 baths \| 3,550 sq.ft.	$649,900	Airbnb cash on cash: 2.79% Traditional cash on cash: 4.16% Airbnb Rental Income: $3791 Traditional Rental Income: $3801 Airbnb ROI: 2.79% Traditional ROI: 4.16%
16796 Yale Street NW Elk River, MN Welcome home to peaceful riverfront living in Elk River. Set on over an acre along the Mis...	4 beds \| 3 baths \| 2,644 sq.ft.	$550,000	Airbnb cash on cash: 2.87% Traditional cash on cash: 3.23% Airbnb Rental Income: $3585 Traditional Rental Income: $2983 Airbnb ROI: 2.87% Traditional ROI: 3.23%
17157 Monroe Street NW Elk River, MN Welcome home to this beautiful end-unit townhome, where comfort, natural light, and effort...	3 beds \| 2 baths \| 1,694 sq.ft.	$249,300	Airbnb cash on cash: 7.15% Traditional cash on cash: 4.96% Airbnb Rental Income: $3496 Traditional Rental Income: $2208 Airbnb ROI: 7.15% Traditional ROI: 4.96%
10159 189th Avenue NW Elk River, MN Welcome to 10159 189th Avenue NE in Elk River! This inviting home offers the space, comfor...	4 beds \| 3 baths \| 1,986 sq.ft.	$399,900	Airbnb cash on cash: 5.06% Traditional cash on cash: 5.38% Airbnb Rental Income: $3585 Traditional Rental Income: $2916 Airbnb ROI: 5.06% Traditional ROI: 5.38%
14747 County Road 30 Elk River, MN Nestled into nearly 2 wooded acres with 142 feet of private riverfront, this gorgeous one-...	3 beds \| 3 baths \| 3,004 sq.ft.	$639,900	Airbnb cash on cash: 2.49% Traditional cash on cash: 2.93% Airbnb Rental Income: $3496 Traditional Rental Income: $2992 Airbnb ROI: 2.49% Traditional ROI: 2.93%
19159 Ivanhoe Drive NW Elk River, MN Move-in ready with several recent updates, including updated light fixtures, a newer water...	3 beds \| 3 baths \| 1,850 sq.ft.	$260,000	Airbnb cash on cash: 7.32% Traditional cash on cash: 5.98% Airbnb Rental Income: $3496 Traditional Rental Income: $2397 Airbnb ROI: 7.32% Traditional ROI: 5.98%
540 Auburn Place NW #C Elk River, MN Move-in ready one-level townhome in a quiet Elk River association! This 809 sq ft, 2-bedro...	2 beds \| 1 baths \| 840 sq.ft.	$179,900	Airbnb cash on cash: 3.74% Traditional cash on cash: 3.25% Airbnb Rental Income: $1976 Traditional Rental Income: $1374 Airbnb ROI: 3.74% Traditional ROI: 3.25%
12831 Ranch Road NW Elk River, MN Welcome to this beautiful home on over 12 acres in Elk River, featuring 5 bedrooms and 3 f...	5 beds \| 3 baths \| 2,758 sq.ft.	$675,000	Airbnb cash on cash: 2.55% Traditional cash on cash: 2.8% Airbnb Rental Income: $3791 Traditional Rental Income: $3132 Airbnb ROI: 2.55% Traditional ROI: 2.8%
13385 207th Avenue NW Elk River, MN Must See beautifully updated 4 bed, 4 bath on 2.5 Acres! New siding, roof, primary bedroom...	4 beds \| 4 baths \| 2,710 sq.ft.	$598,000	Airbnb cash on cash: 2.72% Traditional cash on cash: 2.4% Airbnb Rental Income: $3585 Traditional Rental Income: $2620 Airbnb ROI: 2.72% Traditional ROI: 2.4%
13185 Island View Drive NW Elk River, MN Set on a beautiful, moderately wooded lot with a large, private backyard, this home offers...	3 beds \| 3 baths \| 2,836 sq.ft.	$465,000	Airbnb cash on cash: 3.75% Traditional cash on cash: 3.97% Airbnb Rental Income: $3496 Traditional Rental Income: $2821 Airbnb ROI: 3.75% Traditional ROI: 3.97%
17182 Nixon Court NW Elk River, MN Don't miss this opportunity to own an impeccably maintained 2BR/2BA townhome in a prime El...	2 beds \| 2 baths \| 1,422 sq.ft.	$243,500	Airbnb cash on cash: 2.05% Traditional cash on cash: 4.7% Airbnb Rental Income: $1976 Traditional Rental Income: $2066 Airbnb ROI: 2.05% Traditional ROI: 4.7%
22146 Johnson Street NW Elk River, MN Welcome to 22146 Johnson Street NW in Elk River! Built in 2022, this spacious 3-bedroom, 2...	3 beds \| 2 baths \| 1,875 sq.ft.	$634,999	Airbnb cash on cash: 2.33% Traditional cash on cash: 2.75% Airbnb Rental Income: $3496 Traditional Rental Income: $2970 Airbnb ROI: 2.33% Traditional ROI: 2.75%
11172 198th Avenue NW Elk River, MN Welcome to this truly unique home tucked away on nearly 2.5 private acres, where wooded su...	4 beds \| 2 baths \| 2,705 sq.ft.	$550,000	Airbnb cash on cash: 3.05% Traditional cash on cash: 2.53% Airbnb Rental Income: $3585 Traditional Rental Income: $2528 Airbnb ROI: 3.05% Traditional ROI: 2.53%
19172 Hoover Street NW Elk River, MN Welcome to this town home in a convenient Elk River location close to shopping, dining, pa...	3 beds \| 2 baths \| 1,448 sq.ft.	$239,900	Airbnb cash on cash: 7.26% Traditional cash on cash: 5.08% Airbnb Rental Income: $3496 Traditional Rental Income: $2229 Airbnb ROI: 7.26% Traditional ROI: 5.08%
22816 Jarvis Street NW Elk River, MN Stunning Custom-Built Haven Home on 2.5 Wooded Acres in Nowthen! Welcome to this beautiful...	4 beds \| 5 baths \| 3,507 sq.ft.	$804,999	Airbnb cash on cash: 2.58% Traditional cash on cash: 2.33% Airbnb Rental Income: $3585 Traditional Rental Income: $2612 Airbnb ROI: 2.58% Traditional ROI: 2.33%
12770 196th Avenue NW Elk River, MN Welcome to this beautifully crafted custom walk-out rambler, thoughtfully positioned on an...	4 beds \| 3 baths \| 3,124 sq.ft.	$618,927	Airbnb cash on cash: 2.68% Traditional cash on cash: 3.46% Airbnb Rental Income: $3585 Traditional Rental Income: $3254 Airbnb ROI: 2.68% Traditional ROI: 3.46%
20449 Salem Street NW Elk River, MN Ask how you can receive 5.25% financing through preferred lender! Welcome home to this JMJ...	5 beds \| 3 baths \| 3,562 sq.ft.	$1,040,000	Airbnb cash on cash: 1.76% Traditional cash on cash: 1.53% Airbnb Rental Income: $3791 Traditional Rental Income: $2741 Airbnb ROI: 1.76% Traditional ROI: 1.53%
11273 195th Circle NW Elk River, MN STUNNING, LIKE NEW CUSTOM RAMBLER-JUST OVER 1 YEAR OLD! Prime location in Hillside Estates...	3 beds \| 2 baths \| 1,740 sq.ft.	$599,900	Airbnb cash on cash: 3.61% Traditional cash on cash: 3.34% Airbnb Rental Income: $3496 Traditional Rental Income: $2578 Airbnb ROI: 3.61% Traditional ROI: 3.34%
18614 Trott Brook Parkway NW Elk River, MN Welcome to your dream home in the sought-after Trott Brook neighborhood! This beautifully ...	4 beds \| 4 baths \| 3,418 sq.ft.	$475,000	Airbnb cash on cash: 3.73% Traditional cash on cash: 5.84% Airbnb Rental Income: $3585 Traditional Rental Income: $3738 Airbnb ROI: 3.73% Traditional ROI: 5.84%
18667 Zane Street NW Elk River, MN Welcome to easy living in this generously sized detached one-story townhome with a full fi...	3 beds \| 3 baths \| 2,328 sq.ft.	$374,900	Airbnb cash on cash: 5.73% Traditional cash on cash: 5.56% Airbnb Rental Income: $3496 Traditional Rental Income: $2663 Airbnb ROI: 5.73% Traditional ROI: 5.56%
11344 Elk Lane NW Elk River, MN Welcome to 11344 Elk Lane: Your Private Oasis in Elk River Experience the perfect blend of...	4 beds \| 2 baths \| 2,420 sq.ft.	$369,000	Airbnb cash on cash: 5.49% Traditional cash on cash: 3.4% Airbnb Rental Income: $3585 Traditional Rental Income: $2073 Airbnb ROI: 5.49% Traditional ROI: 3.4%
11177 183rd Lane NW Elk River, MN NEW 55+ COMMUNITY! 14 sites on private dead-end street offers true one level living! New M...	2 beds \| 2 baths \| 1,618 sq.ft.	$479,900	Airbnb cash on cash: 1.63% Traditional cash on cash: 3.87% Airbnb Rental Income: $1976 Traditional Rental Income: $2464 Airbnb ROI: 1.63% Traditional ROI: 3.87%
10795 191st Avenue NW Elk River, MN NEW CONSTRUCTION WITHOUT THE WAIT! Move right into this beautifully completed 2026 home wi...	4 beds \| 3 baths \| 2,608 sq.ft.	$529,000	Airbnb cash on cash: 4.36% Traditional cash on cash: 5.1% Airbnb Rental Income: $3585 Traditional Rental Income: $3167 Airbnb ROI: 4.36% Traditional ROI: 5.1%
16106 71st Street NE Elk River, MN Affordable 2-bedroom townhome with functional layout and convenient upper-level laundry. M...	2 beds \| 2 baths \| 1,086 sq.ft.	$179,900	Airbnb cash on cash: 3.67% Traditional cash on cash: 5.64% Airbnb Rental Income: $1976 Traditional Rental Income: $1795 Airbnb ROI: 3.67% Traditional ROI: 5.64%
21265 Concord Street NW Elk River, MN SADDLE UP! This nearly 5-acre hobby farm is an equestrian's dream - country living just mi...	3 beds \| 2 baths \| 2,241 sq.ft.	$599,000	Airbnb cash on cash: 2.72% Traditional cash on cash: 2.44% Airbnb Rental Income: $3496 Traditional Rental Income: $2570 Airbnb ROI: 2.72% Traditional ROI: 2.44%
13812 196th Avenue NW Elk River, MN Fantastic 4-Bedroom Home on 5 Wooded Acres Near Downtown Elk River. Natural gas main insta...	4 beds \| 2 baths \| 2,220 sq.ft.	$499,900	Airbnb cash on cash: 3.74% Traditional cash on cash: 3.33% Airbnb Rental Income: $3585 Traditional Rental Income: $2609 Airbnb ROI: 3.74% Traditional ROI: 3.33%
11076 191st Avenue NW Elk River, MN SPACIOUS & MOVE-IN READY! This impressive modified 2-story offers the perfect combination ...	5 beds \| 4 baths \| 3,038 sq.ft.	$425,000	Airbnb cash on cash: 4.91% Traditional cash on cash: 4.5% Airbnb Rental Income: $3791 Traditional Rental Income: $2809 Airbnb ROI: 4.91% Traditional ROI: 4.5%
22329 Watson Circle NW Elk River, MN Inviting, impressive, meticulously maintained! Oversized rambler situated in the highly de...	2 beds \| 2 baths \| 1,772 sq.ft.	$454,500	Airbnb cash on cash: 0.56% Traditional cash on cash: 2.57% Airbnb Rental Income: $1976 Traditional Rental Income: $2315 Airbnb ROI: 0.56% Traditional ROI: 2.57%
19472 Ulysses Street NW Elk River, MN Nestled on three private acres of mature trees that open up into a sprawling backyard oasi...	3 beds \| 3 baths \| 2,368 sq.ft.	$545,000	Airbnb cash on cash: 3.13% Traditional cash on cash: 2.02% Airbnb Rental Income: $3496 Traditional Rental Income: $2160 Airbnb ROI: 3.13% Traditional ROI: 2.02%
19408 Albany Court NW Elk River, MN Priced to Sell! Well Below Last Years Market Value. Buyer's benefit in this market. Seller...	5 beds \| 4 baths \| 2,335 sq.ft.	$395,900	Airbnb cash on cash: 5.45% Traditional cash on cash: 5.48% Airbnb Rental Income: $3791 Traditional Rental Income: $2979 Airbnb ROI: 5.45% Traditional ROI: 5.48%
18897 NW Waco Street NW Elk River, MN Home situated on ten very private and wooded acres near Lake Orono. This is an estate and ...	3 beds \| 3 baths \| 2,440 sq.ft.	$419,900	Airbnb cash on cash: 3.72% Traditional cash on cash: 2.5% Airbnb Rental Income: $3496 Traditional Rental Income: $2246 Airbnb ROI: 3.72% Traditional ROI: 2.5%
9848 218th Avenue NW Elk River, MN Beautiful 30-acre private state! As you approach this exceptional property, you'll feel as...	3 beds \| 2 baths \| 2,000 sq.ft.	$969,900	Airbnb cash on cash: 1.8% Traditional cash on cash: 1.1% Airbnb Rental Income: $3496 Traditional Rental Income: $2085 Airbnb ROI: 1.8% Traditional ROI: 1.1%
16340 228th Avenue NW Elk River, MN A rare opportunity to own a fantastic updated home on acreage with exceptional outbuilding...	3 beds \| 2 baths \| 1,832 sq.ft.	$475,000	Airbnb cash on cash: 4.12% Traditional cash on cash: 2.65% Airbnb Rental Income: $3496 Traditional Rental Income: $2070 Airbnb ROI: 4.12% Traditional ROI: 2.65%
13480 217th Avenue NW Elk River, MN Welcome home to Meadowsweet Bend, Elk River's newest large-lot neighborhood! Custom built ...	4 beds \| 4 baths \| 3,072 sq.ft.	$595,900	Airbnb cash on cash: 2.42% Traditional cash on cash: 2.26% Airbnb Rental Income: $3585 Traditional Rental Income: $2708 Airbnb ROI: 2.42% Traditional ROI: 2.26%
13701 186th Avenue NW Elk River, MN Back on the market only due to buyers getting cold feet. NO INSPECTION ISSUES! Expertly Re...	4 beds \| 3 baths \| 2,927 sq.ft.	$565,000	Airbnb cash on cash: 2.85% Traditional cash on cash: 3.09% Airbnb Rental Income: $3585 Traditional Rental Income: $2929 Airbnb ROI: 2.85% Traditional ROI: 3.09%

Real Estate investment in Elk-river, MN

There are 65 properties for sale in the city of Elk River . The median list price in Elk River is $404,733 and the average price per square foot is $172. In November 2026, the average monthly cash on cash return in Elk River is 3.00%. The average monthly rental income in Elk River is $2,476.

Elk-river, MN Real Estate Investing: FAQs for Buyers, Sellers and Investors

There are 65 investment properties available for sale in Elk-river.

In 2026, the best neighborhood to buy investment property is Elk River.

The ROI for Short-Term is higher than the Long-Term in Elk-river with average rental income of $3,585.

Your search for investment property begins and ends here

Investment Property for Sale in Elk River, MN

11753 198th Avenue NW

Elk River, MN

4 beds | 3 baths | 3,129 sq.ft.

$520,000

Airbnb cash on cash: 3.32%

Traditional cash on cash: 3.23%

Airbnb Rental Income: $3585

Traditional Rental Income: $2754

Airbnb ROI: 3.32%

Traditional ROI: 3.23%

17950 Concord Street NW

Elk River, MN

4 beds | 3 baths | 3,215 sq.ft.

$479,900

Airbnb cash on cash: 3.78%

Traditional cash on cash: 4.23%

Airbnb Rental Income: $3585

Traditional Rental Income: $2997

Airbnb ROI: 3.78%

Traditional ROI: 4.23%

12954 194th Lane NW

Elk River, MN

5 beds | 4 baths | 3,550 sq.ft.

$649,900

Airbnb cash on cash: 2.79%

Traditional cash on cash: 4.16%

Airbnb Rental Income: $3791

Traditional Rental Income: $3801

Airbnb ROI: 2.79%

Traditional ROI: 4.16%

16796 Yale Street NW

Elk River, MN

4 beds | 3 baths | 2,644 sq.ft.

$550,000

Airbnb cash on cash: 2.87%

Traditional cash on cash: 3.23%

Airbnb Rental Income: $3585

Traditional Rental Income: $2983

Airbnb ROI: 2.87%

Traditional ROI: 3.23%

17157 Monroe Street NW

Elk River, MN

3 beds | 2 baths | 1,694 sq.ft.

$249,300

Airbnb cash on cash: 7.15%

Traditional cash on cash: 4.96%

Airbnb Rental Income: $3496

Traditional Rental Income: $2208

Airbnb ROI: 7.15%

Traditional ROI: 4.96%

10159 189th Avenue NW

Elk River, MN

4 beds | 3 baths | 1,986 sq.ft.

$399,900

Airbnb cash on cash: 5.06%

Traditional cash on cash: 5.38%

Airbnb Rental Income: $3585

Traditional Rental Income: $2916

Airbnb ROI: 5.06%

Traditional ROI: 5.38%

14747 County Road 30

Elk River, MN

3 beds | 3 baths | 3,004 sq.ft.

$639,900

Airbnb cash on cash: 2.49%

Traditional cash on cash: 2.93%

Airbnb Rental Income: $3496

Traditional Rental Income: $2992

Airbnb ROI: 2.49%

Traditional ROI: 2.93%

19159 Ivanhoe Drive NW

Elk River, MN

3 beds | 3 baths | 1,850 sq.ft.

$260,000

Airbnb cash on cash: 7.32%

Traditional cash on cash: 5.98%

Airbnb Rental Income: $3496

Traditional Rental Income: $2397

Airbnb ROI: 7.32%