Real Estate Investment Properties for Sale in Garrison, MN

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

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

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
Lot 1 454th Pl Garrison, MN Lot 1 454th Pl, Garrison, MN 56431 \| Other	N/A beds \| N/A baths \| N/A	$159,900	Airbnb cash on cash: 6.07% Traditional cash on cash: 2.96% Airbnb Rental Income: $1836 Traditional Rental Income: $866 Airbnb ROI: 6.07% Traditional ROI: 2.96%
Lot 2 & 12 242nd Ln Garrison, MN Lot 2 & 12 242nd Ln, Garrison, MN 56431 \| Other	N/A beds \| N/A baths \| N/A	$219,900	Airbnb cash on cash: 3.89% Traditional cash on cash: 1.67% Airbnb Rental Income: $1836 Traditional Rental Income: $879 Airbnb ROI: 3.89% Traditional ROI: 1.67%
Lot 2 454th Pl Garrison, MN Lot 2 454th Pl, Garrison, MN 56431 \| Other	N/A beds \| N/A baths \| N/A	$159,900	Airbnb cash on cash: 6.07% Traditional cash on cash: 3.1% Airbnb Rental Income: $1836 Traditional Rental Income: $888 Airbnb ROI: 6.07% Traditional ROI: 3.1%
46227 High Dr Garrison, MN Minutes from the one and only Mille Lacs Lake! Near golf course, casino, movie theater an...	3 beds \| 2 baths \| 2,084 sq.ft.	$199,900	Airbnb cash on cash: 5.47% Traditional cash on cash: 10.96% Airbnb Rental Income: $1927 Traditional Rental Income: $2458 Airbnb ROI: 5.47% Traditional ROI: 10.96%
47802 Xylophone Rd Garrison, MN Well maintained Garrison home on 3.75 acres near Mille Lacs Lake. Home features a wood st...	2 beds \| 1 baths \| 1,056 sq.ft.	$180,000	Airbnb cash on cash: 1.89% Traditional cash on cash: 5.23% Airbnb Rental Income: $1110 Traditional Rental Income: $1309 Airbnb ROI: 1.89% Traditional ROI: 5.23%
18091 Earle Brown Dr #E1 Garrison, MN Affordable remodeled ground floor, year round, partially furnished condo just a few feet f...	1 beds \| 1 baths \| 432 sq.ft.	$109,900	Airbnb cash on cash: 2.38% Traditional cash on cash: 4.31% Airbnb Rental Income: $1044 Traditional Rental Income: $886 Airbnb ROI: 2.38% Traditional ROI: 4.31%
7433 US Highway 169 Garrison, MN Escape to the idyllic shores of Mille Lacs Lake with this turn-key cabin, a proven gem on ...	1 beds \| 1 baths \| 720 sq.ft.	$260,000	Airbnb cash on cash: 1.05% Traditional cash on cash: 4.09% Airbnb Rental Income: $1044 Traditional Rental Income: $1427 Airbnb ROI: 1.05% Traditional ROI: 4.09%
18541 Golf Cir Garrison, MN This exceptional property offers the perfect blend of rustic charm and modern comfort. You...	3 beds \| 2 baths \| 1,728 sq.ft.	$315,000	Airbnb cash on cash: 2.66% Traditional cash on cash: 6.16% Airbnb Rental Income: $1927 Traditional Rental Income: $2453 Airbnb ROI: 2.66% Traditional ROI: 6.16%
47083 Swing Away Garrison, MN This beautifully renovated single-level townhome sits along the scenic 10th hole of the No...	2 beds \| 1 baths \| 800 sq.ft.	$159,000	Airbnb cash on cash: 1.64% Traditional cash on cash: 6.62% Airbnb Rental Income: $1110 Traditional Rental Income: $1492 Airbnb ROI: 1.64% Traditional ROI: 6.62%
18849 460th St Garrison, MN Escape to the lake! This charming 2-bedroom, 1-bath seasonal cabin on Whitefish Lake in Ga...	2 beds \| 1 baths \| 888 sq.ft.	$179,900	Airbnb cash on cash: 1.83% Traditional cash on cash: 7.32% Airbnb Rental Income: $1110 Traditional Rental Income: $1676 Airbnb ROI: 1.83% Traditional ROI: 7.32%
18116 Captive Lake Rd Garrison, MN Come and enjoy this well-maintained twin home that overlooks the 10th hole of Northwood Hi...	2 beds \| 1 baths \| 905 sq.ft.	$170,500	Airbnb cash on cash: 2.09% Traditional cash on cash: 7.34% Airbnb Rental Income: $1110 Traditional Rental Income: $1590 Airbnb ROI: 2.09% Traditional ROI: 7.34%
18112 Treasure Cv Garrison, MN Pristine and developed Harbor lot on the powerful waters of MilleLacs Lake! Been camping a...	1 beds \| 1 baths \| 364 sq.ft.	$161,900	Airbnb cash on cash: 2.07% Traditional cash on cash: 8.01% Airbnb Rental Income: $1044 Traditional Rental Income: $1599 Airbnb ROI: 2.07% Traditional ROI: 8.01%
6454 Flying Jib Garrison, MN This extraordinary Mille Lacs retreat is a true gem! With three beautifully finished level...	5 beds \| 3 baths \| 5,436 sq.ft.	$695,000	Airbnb cash on cash: 2.53% Traditional cash on cash: 3.52% Airbnb Rental Income: $3719 Traditional Rental Income: $3551 Airbnb ROI: 2.53% Traditional ROI: 3.52%
7925 US Highway 169 Garrison, MN Located just south of Garrison, your own little resort awaits you. Perfect to live in, as ...	4 beds \| 2 baths \| 1,606 sq.ft.	$360,000	Airbnb cash on cash: 3.17% Traditional cash on cash: 5.5% Airbnb Rental Income: $2158 Traditional Rental Income: $2397 Airbnb ROI: 3.17% Traditional ROI: 5.5%
47053 180th Ave Garrison, MN 47053 180th Ave, Garrison, MN 56450 \| Other	N/A beds \| N/A baths \| N/A	$250,000	Airbnb cash on cash: 3.18% Traditional cash on cash: 0.79% Airbnb Rental Income: $1836 Traditional Rental Income: $776 Airbnb ROI: 3.18% Traditional ROI: 0.79%
TBD Red Oak Dr Garrison, MN TBD Red Oak Dr, Garrison, MN 56450 \| Other	N/A beds \| N/A baths \| 1,343 sq.ft.	$179,900	Airbnb cash on cash: 5.18% Traditional cash on cash: 1.88% Airbnb Rental Income: $1836 Traditional Rental Income: $776 Airbnb ROI: 5.18% Traditional ROI: 1.88%
TBD Lilac Dr Garrison, MN TBD Lilac Dr, Garrison, MN 56450 \| Other	N/A beds \| N/A baths \| N/A	$599,000	Airbnb cash on cash: 0.12% Traditional cash on cash: -0.89% Airbnb Rental Income: $1836 Traditional Rental Income: $776 Airbnb ROI: 0.12% Traditional ROI: -0.89%
47151 Baffie Bnd Garrison, MN Imagine a lifestyle where your weekends begin the moment you arrive. Whether you're search...	3 beds \| 2 baths \| 1,809 sq.ft.	$304,900	Airbnb cash on cash: 1.61% Traditional cash on cash: 5.17% Airbnb Rental Income: $1927 Traditional Rental Income: $2439 Airbnb ROI: 1.61% Traditional ROI: 5.17%
18196 Marina Way Garrison, MN 18196 Marina Way, Garrison, MN 56450 \| Single Family Residential	4 beds \| 2 baths \| 1,795 sq.ft.	$484,000	Airbnb cash on cash: 1.24% Traditional cash on cash: 3.57% Airbnb Rental Income: $2158 Traditional Rental Income: $2667 Airbnb ROI: 1.24% Traditional ROI: 3.57%
4803 White Pine Rd Garrison, MN 4803 White Pine Rd, Garrison, MN 56450 \| Single Family Residential	3 beds \| 2 baths \| 2,835 sq.ft.	$575,900	Airbnb cash on cash: 0.35% Traditional cash on cash: 2.17% Airbnb Rental Income: $1927 Traditional Rental Income: $2396 Airbnb ROI: 0.35% Traditional ROI: 2.17%
TRACT D Linden St Garrison, MN TRACT D Linden St, Garrison, MN 56450 \| Other	N/A beds \| N/A baths \| N/A	$144,900	Airbnb cash on cash: 6.89% Traditional cash on cash: 3.47% Airbnb Rental Income: $1836 Traditional Rental Income: $866 Airbnb ROI: 6.89% Traditional ROI: 3.47%
TRACT C Linden St Garrison, MN TRACT C Linden St, Garrison, MN 56450 \| Other	N/A beds \| N/A baths \| N/A	$144,900	Airbnb cash on cash: 6.89% Traditional cash on cash: 3.47% Airbnb Rental Income: $1836 Traditional Rental Income: $866 Airbnb ROI: 6.89% Traditional ROI: 3.47%
TRACT B Linden St Garrison, MN TRACT B Linden St, Garrison, MN 56450 \| Other	N/A beds \| N/A baths \| N/A	$144,900	Airbnb cash on cash: 6.89% Traditional cash on cash: 7.5% Airbnb Rental Income: $1836 Traditional Rental Income: $1425 Airbnb ROI: 6.89% Traditional ROI: 7.5%
5717 County Rd 138 Garrison, MN Discover your cash flowing investment or your private retreat or both. Nestled on almost a...	3 beds \| 2 baths \| 1,891 sq.ft.	$224,900	Airbnb cash on cash: 4.99% Traditional cash on cash: 10.19% Airbnb Rental Income: $1927 Traditional Rental Income: $2524 Airbnb ROI: 4.99% Traditional ROI: 10.19%
10490 US Highway 169 #309 Garrison, MN Wake up to the gorgeous Mille Lacs sunrise and enjoy your coffee on the deck! This well-ma...	1 beds \| 1 baths \| 702 sq.ft.	$205,000	Airbnb cash on cash: 0.32% Traditional cash on cash: 4.49% Airbnb Rental Income: $1044 Traditional Rental Income: $1492 Airbnb ROI: 0.32% Traditional ROI: 4.49%
10490 US Highway 169 #103 Garrison, MN 10490 US Highway 169 #103, Garrison, MN 56450 \| Condo/Coop	N/A beds \| 1 baths \| 580 sq.ft.	$129,900	Airbnb cash on cash: 6.78% Traditional cash on cash: 3.94% Airbnb Rental Income: $1836 Traditional Rental Income: $986 Airbnb ROI: 6.78% Traditional ROI: 3.94%
7241 US Highway 169 Garrison, MN 7241 US Highway 169, Garrison, MN 56450 \| Other	N/A beds \| N/A baths \| N/A	$109,997	Airbnb cash on cash: 9.62% Traditional cash on cash: 5.39% Airbnb Rental Income: $1836 Traditional Rental Income: $891 Airbnb ROI: 9.62% Traditional ROI: 5.39%
5172 Eldorado Garrison, MN Endless potential near Mille Lacs Lake and Grand Casino Mille Lacs! Cabin-style property w...	1 beds \| 1 baths \| 240 sq.ft.	$70,000	Airbnb cash on cash: 6.96% Traditional cash on cash: 10.49% Airbnb Rental Income: $1044 Traditional Rental Income: $926 Airbnb ROI: 6.96% Traditional ROI: 10.49%
10490 US Highway 169 #203 Garrison, MN 10490 US 169 #203, Garrison, MN 56450 \| Condo/Coop	N/A beds \| 1 baths \| 580 sq.ft.	$134,900	Airbnb cash on cash: 6.46% Traditional cash on cash: 3.69% Airbnb Rental Income: $1836 Traditional Rental Income: $982 Airbnb ROI: 6.46% Traditional ROI: 3.69%
47093 Swing Away Garrison, MN 47093 Swing Away, Garrison, MN 56450 \| Townhouse	2 beds \| 1 baths \| 900 sq.ft.	$119,900	Airbnb cash on cash: 2.5% Traditional cash on cash: 8.43% Airbnb Rental Income: $1110 Traditional Rental Income: $1422 Airbnb ROI: 2.5% Traditional ROI: 8.43%
27521 Gateway Rd Garrison, MN 27521 Gateway Rd, Garrison, MN 56450 \| Other	N/A beds \| N/A baths \| N/A	$119,000	Airbnb cash on cash: 8.77% Traditional cash on cash: 5.27% Airbnb Rental Income: $1836 Traditional Rental Income: $939 Airbnb ROI: 8.77% Traditional ROI: 5.27%
18028 Lucky Jog Garrison, MN 18028 Lucky Jog, Garrison, MN 56450 \| Single Family Residential	2 beds \| 1 baths \| 785 sq.ft.	$185,000	Airbnb cash on cash: 1.55% Traditional cash on cash: 5.08% Airbnb Rental Income: $1110 Traditional Rental Income: $1358 Airbnb ROI: 1.55% Traditional ROI: 5.08%
6199 Peterdale Road Garrison, MN Nicely updated one level living Mille Lacs Lake home on almost an acre. Stay out of the la...	2 beds \| 1 baths \| 1,390 sq.ft.	$379,900	Airbnb cash on cash: 0.24% Traditional cash on cash: 1.68% Airbnb Rental Income: $1110 Traditional Rental Income: $1250 Airbnb ROI: 0.24% Traditional ROI: 1.68%
46304 Gone Fishin #C-2 Garrison, MN Enjoy million-dollar views of Mille Lacs Lake from this beautifully maintained 1 bedroom, ...	1 beds \| 1 baths \| 432 sq.ft.	$149,900	Airbnb cash on cash: 1.7% Traditional cash on cash: 6.29% Airbnb Rental Income: $1044 Traditional Rental Income: $1339 Airbnb ROI: 1.7% Traditional ROI: 6.29%
26337 N Smith Lake Lane Garrison, MN Luxury Lakefront Retreat on Private Lake Smith - Garrison, Minnesota Escape to your own pr...	5 beds \| 3 baths \| 3,525 sq.ft.	$995,000	Airbnb cash on cash: 1.54% Traditional cash on cash: 2.28% Airbnb Rental Income: $3719 Traditional Rental Income: $3590 Airbnb ROI: 1.54% Traditional ROI: 2.28%
18118 Captive Lake Road Garrison, MN Come and enjoy this well-maintained twin home that overlooks the 10th hole of Northwood Hi...	2 beds \| 1 baths \| 905 sq.ft.	$174,500	Airbnb cash on cash: 2.02% Traditional cash on cash: 7.13% Airbnb Rental Income: $1110 Traditional Rental Income: $1586 Airbnb ROI: 2.02% Traditional ROI: 7.13%

Real Estate investment in Garrison, MN

There are 36 properties for sale in the city of Garrison . The median list price in Garrison is $454,728 and the average price per square foot is $251. In October 2026, the average monthly cash on cash return in Garrison is 6.00%. The average monthly rental income in Garrison is $986.

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

There are 36 investment properties available for sale in Garrison.

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

The ROI for Long-Term is higher than the Short-Term in Garrison with average rental income of $986.

Your search for investment property begins and ends here

Investment Property for Sale in Garrison, MN

Lot 1 454th Pl

Garrison, MN

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

$159,900

Airbnb cash on cash: 6.07%

Traditional cash on cash: 2.96%

Airbnb Rental Income: $1836

Traditional Rental Income: $866

Airbnb ROI: 6.07%

Traditional ROI: 2.96%

Lot 2 & 12 242nd Ln

Garrison, MN

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

$219,900

Airbnb cash on cash: 3.89%

Traditional cash on cash: 1.67%

Airbnb Rental Income: $1836

Traditional Rental Income: $879

Airbnb ROI: 3.89%

Traditional ROI: 1.67%

Lot 2 454th Pl

Garrison, MN

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

$159,900

Airbnb cash on cash: 6.07%

Traditional cash on cash: 3.1%

Airbnb Rental Income: $1836

Traditional Rental Income: $888

Airbnb ROI: 6.07%

Traditional ROI: 3.1%

46227 High Dr

Garrison, MN

3 beds | 2 baths | 2,084 sq.ft.

$199,900

Airbnb cash on cash: 5.47%

Traditional cash on cash: 10.96%

Airbnb Rental Income: $1927

Traditional Rental Income: $2458

Airbnb ROI: 5.47%

Traditional ROI: 10.96%

47802 Xylophone Rd

Garrison, MN

2 beds | 1 baths | 1,056 sq.ft.

$180,000

Airbnb cash on cash: 1.89%

Traditional cash on cash: 5.23%

Airbnb Rental Income: $1110

Traditional Rental Income: $1309

Airbnb ROI: 1.89%

Traditional ROI: 5.23%

18091 Earle Brown Dr #E1

Garrison, MN

1 beds | 1 baths | 432 sq.ft.

$109,900

Airbnb cash on cash: 2.38%

Traditional cash on cash: 4.31%

Airbnb Rental Income: $1044

Traditional Rental Income: $886

Airbnb ROI: 2.38%

Traditional ROI: 4.31%

7433 US Highway 169

Garrison, MN

1 beds | 1 baths | 720 sq.ft.

$260,000

Airbnb cash on cash: 1.05%

Traditional cash on cash: 4.09%

Airbnb Rental Income: $1044

Traditional Rental Income: $1427

Airbnb ROI: 1.05%

Traditional ROI: 4.09%

18541 Golf Cir

Garrison, MN

3 beds | 2 baths | 1,728 sq.ft.

$315,000

Airbnb cash on cash: 2.66%

Traditional cash on cash: 6.16%

Airbnb Rental Income: $1927

Traditional Rental Income: $2453

Airbnb ROI: 2.66%