Real Estate Investment Properties for Sale in Grand Marais, MN

Looking for investment property in Grand Marais, MN with high ROI ?

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

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
1470 Hwy 61 E Grand Marais, MN 1470 Hwy 61 E, Grand Marais, MN 55604 \| Single Family Residential	4 beds \| 2 baths \| 2,776 sq.ft.	$949,000	Airbnb cash on cash: 1.2% Traditional cash on cash: 0.69% Airbnb Rental Income: $3850 Traditional Rental Income: $2569 Airbnb ROI: 1.2% Traditional ROI: 0.69%
1038 W 3rd Ave Grand Marais, MN 1038 W 3rd Ave, Grand Marais, MN 55604 \| Multi Family	3 beds \| N/A baths \| 1,890 sq.ft.	$527,500	Airbnb cash on cash: -0.48% Traditional cash on cash: 2.09% Airbnb Rental Income: $1306 Traditional Rental Income: $2163 Airbnb ROI: -0.48% Traditional ROI: 2.09%
1886 County Rd 7 Grand Marais, MN 1886 County Rd 7, Grand Marais, MN 55604 \| Single Family Residential	4 beds \| 4 baths \| 2,948 sq.ft.	$775,000	Airbnb cash on cash: 1.94% Traditional cash on cash: 2.52% Airbnb Rental Income: $3850 Traditional Rental Income: $3440 Airbnb ROI: 1.94% Traditional ROI: 2.52%
8016 Gunflint Trl Grand Marais, MN 8016 Gunflint Trl, Grand Marais, MN 55604 \| Single Family Residential	N/A beds \| 1 baths \| 420 sq.ft.	$299,900	Airbnb cash on cash: 0.75% Traditional cash on cash: 1.82% Airbnb Rental Income: $1306 Traditional Rental Income: $1202 Airbnb ROI: 0.75% Traditional ROI: 1.82%
45 S Bearskin Rd Grand Marais, MN 45 S Bearskin Rd, Grand Marais, MN 55604 \| Single Family Residential	1 beds \| 1 baths \| 616 sq.ft.	$425,000	Airbnb cash on cash: 0.68% Traditional cash on cash: 0.22% Airbnb Rental Income: $1674 Traditional Rental Income: $1023 Airbnb ROI: 0.68% Traditional ROI: 0.22%
103 Onagon Lake Rd Grand Marais, MN It's an up north dream - the quiet lake, a cabin near the end of a private road, close to ...	1 beds \| 1 baths \| 1,008 sq.ft.	$280,000	Airbnb cash on cash: 2.87% Traditional cash on cash: 4.76% Airbnb Rental Income: $1674 Traditional Rental Income: $1703 Airbnb ROI: 2.87% Traditional ROI: 4.76%
1088 South Shore Dr Grand Marais, MN 1088 South Shore Dr, Grand Marais, MN 55604 \| Single Family Residential	2 beds \| 1 baths \| 1,000 sq.ft.	$599,000	Airbnb cash on cash: 0.84% Traditional cash on cash: 0.63% Airbnb Rental Income: $2346 Traditional Rental Income: $1651 Airbnb ROI: 0.84% Traditional ROI: 0.63%
41 S Bearskin Rd Grand Marais, MN 41 S Bearskin Rd, Grand Marais, MN 55604 \| Single Family Residential	1 beds \| 1 baths \| 670 sq.ft.	$699,000	Airbnb cash on cash: -0.4% Traditional cash on cash: -0.69% Airbnb Rental Income: $1674 Traditional Rental Income: $1022 Airbnb ROI: -0.4% Traditional ROI: -0.69%
126 Harbor View Trl Grand Marais, MN 126 Harbor View Trl, Grand Marais, MN 55604 \| Single Family Residential	5 beds \| 4 baths \| 5,180 sq.ft.	$3,760,000	Airbnb cash on cash: -1.17% Traditional cash on cash: -1.09% Airbnb Rental Income: $4374 Traditional Rental Income: $3732 Airbnb ROI: -1.17% Traditional ROI: -1.09%
322 County Rd 14 Grand Marais, MN 322 County Rd 14, Grand Marais, MN 55604 \| Single Family Residential	3 beds \| 2 baths \| 2,545 sq.ft.	$725,000	Airbnb cash on cash: 1.46% Traditional cash on cash: 1.53% Airbnb Rental Income: $3238 Traditional Rental Income: $2554 Airbnb ROI: 1.46% Traditional ROI: 1.53%
420 W 5th Ave Grand Marais, MN 420 W 5th Ave, Grand Marais, MN 55604 \| Multi Family	2 beds \| N/A baths \| 1,210 sq.ft.	$289,900	Airbnb cash on cash: 4.02% Traditional cash on cash: 2.98% Airbnb Rental Income: $2346 Traditional Rental Income: $1482 Airbnb ROI: 4.02% Traditional ROI: 2.98%
969 Devil Track Rd Grand Marais, MN 969 Devil Track Rd, Grand Marais, MN 55604 \| Single Family Residential	3 beds \| 3 baths \| 2,688 sq.ft.	$629,900	Airbnb cash on cash: 2% Traditional cash on cash: 2.94% Airbnb Rental Income: $3238 Traditional Rental Income: $3064 Airbnb ROI: 2% Traditional ROI: 2.94%
728 Caspers Hill Rd Grand Marais, MN 728 Caspers Hill Rd, Grand Marais, MN 55604 \| Single Family Residential	N/A beds \| N/A baths \| 640 sq.ft.	$100,000	Airbnb cash on cash: 6.2% Traditional cash on cash: 5.76% Airbnb Rental Income: $1306 Traditional Rental Income: $857 Airbnb ROI: 6.2% Traditional ROI: 5.76%
1804 Hwy 61 E #1810 Hwy 61 E Grand Marais, MN 1804 Hwy 61 E #1810 Hwy 61 E, Grand Marais, MN 55604 \| Single Family Residential	4 beds \| 3 baths \| 4,268 sq.ft.	$849,900	Airbnb cash on cash: 1.58% Traditional cash on cash: 1.42% Airbnb Rental Income: $3850 Traditional Rental Income: $2893 Airbnb ROI: 1.58% Traditional ROI: 1.42%
328 Ball Club Rd Grand Marais, MN There are only two other land owners on either side of the property. One owner has 20 acre...	1 beds \| N/A baths \| 700 sq.ft.	$248,000	Airbnb cash on cash: 3.24% Traditional cash on cash: 5.48% Airbnb Rental Income: $1674 Traditional Rental Income: $1730 Airbnb ROI: 3.24% Traditional ROI: 5.48%
3X Skye Rdg Grand Marais, MN 3X Skye Rdg, Grand Marais, MN 55604 \| Single Family Residential	N/A beds \| N/A baths \| 260 sq.ft.	$154,900	Airbnb cash on cash: 3.34% Traditional cash on cash: 2.84% Airbnb Rental Income: $1306 Traditional Rental Income: $826 Airbnb ROI: 3.34% Traditional ROI: 2.84%
12 Wesley Ln Grand Marais, MN 12 Wesley Ln, Grand Marais, MN 55604 \| Other	N/A beds \| N/A baths \| N/A	$299,000	Airbnb cash on cash: 0.76% Traditional cash on cash: 0.72% Airbnb Rental Income: $1306 Traditional Rental Income: $888 Airbnb ROI: 0.76% Traditional ROI: 0.72%
13 Coyote Rdg Grand Marais, MN 13 Coyote Rdg, Grand Marais, MN 55604 \| Other	N/A beds \| N/A baths \| N/A	$159,000	Airbnb cash on cash: 3.03% Traditional cash on cash: 2.95% Airbnb Rental Income: $1306 Traditional Rental Income: $888 Airbnb ROI: 3.03% Traditional ROI: 2.95%
7AA County Rd 6 Grand Marais, MN 7AA County Rd 6, Grand Marais, MN 55604 \| Other	N/A beds \| N/A baths \| N/A	$80,000	Airbnb cash on cash: 8.15% Traditional cash on cash: 8% Airbnb Rental Income: $1306 Traditional Rental Income: $888 Airbnb ROI: 8.15% Traditional ROI: 8%
820 W 5th Ave Grand Marais, MN 820 W 5th Ave, Grand Marais, MN 55604 \| Other	N/A beds \| N/A baths \| N/A	$160,000	Airbnb cash on cash: 3.18% Traditional cash on cash: 3.04% Airbnb Rental Income: $1306 Traditional Rental Income: $879 Airbnb ROI: 3.18% Traditional ROI: 3.04%
2983 County Rd 7 Grand Marais, MN 2983 County Rd 7, Grand Marais, MN 55604 \| Other	N/A beds \| N/A baths \| N/A	$129,500	Airbnb cash on cash: 4.37% Traditional cash on cash: 4.21% Airbnb Rental Income: $1306 Traditional Rental Income: $879 Airbnb ROI: 4.37% Traditional ROI: 4.21%
XXX County Rd 60 Grand Marais, MN XXX County Rd 60, Grand Marais, MN 55604 \| Other	N/A beds \| N/A baths \| N/A	$159,900	Airbnb cash on cash: 3.18% Traditional cash on cash: 3.05% Airbnb Rental Income: $1306 Traditional Rental Income: $879 Airbnb ROI: 3.18% Traditional ROI: 3.05%
7XX County Rd 6 Grand Marais, MN 7XX County Rd 6, Grand Marais, MN 55604 \| Other	N/A beds \| N/A baths \| N/A	$399,900	Airbnb cash on cash: 0.04% Traditional cash on cash: -0.04% Airbnb Rental Income: $1306 Traditional Rental Income: $869 Airbnb ROI: 0.04% Traditional ROI: -0.04%
ABC Bally Creek Rd Grand Marais, MN ABC Bally Creek Rd, Grand Marais, MN 55604 \| Other	N/A beds \| N/A baths \| N/A	$1,200,000	Airbnb cash on cash: -1.39% Traditional cash on cash: -1.42% Airbnb Rental Income: $1306 Traditional Rental Income: $866 Airbnb ROI: -1.39% Traditional ROI: -1.42%
204 E Deeryard Rd Grand Marais, MN 204 E Deeryard Rd, Lutsen Twp, MN 55604 \| Single Family Residential	2 beds \| 2 baths \| 1,653 sq.ft.	$569,900	Airbnb cash on cash: 1.03% Traditional cash on cash: 1.72% Airbnb Rental Income: $2346 Traditional Rental Income: $2132 Airbnb ROI: 1.03% Traditional ROI: 1.72%

Real Estate investment in Grand-marais, MN

There are 25 properties for sale in the city of Grand Marais . The median list price in Grand Marais is $474,655 and the average price per square foot is $262. In June 2026, the average monthly cash on cash return in Grand Marais is 2.00%. The average monthly rental income in Grand Marais is $1,579.

Grand-marais, MN Real Estate Investing: FAQs for Buyers, Sellers and Investors

There are 25 investment properties available for sale in Grand-marais.

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

The ROI for Short-Term is higher than the Long-Term in Grand-marais with average rental income of $2,346.

Your search for investment property begins and ends here

Investment Property for Sale in Grand Marais, MN

1470 Hwy 61 E

Grand Marais, MN

4 beds | 2 baths | 2,776 sq.ft.

$949,000

Airbnb cash on cash: 1.2%

Traditional cash on cash: 0.69%

Airbnb Rental Income: $3850

Traditional Rental Income: $2569

Airbnb ROI: 1.2%

Traditional ROI: 0.69%

1038 W 3rd Ave

Grand Marais, MN

3 beds | N/A baths | 1,890 sq.ft.

$527,500

Airbnb cash on cash: -0.48%

Traditional cash on cash: 2.09%

Airbnb Rental Income: $1306

Traditional Rental Income: $2163

Airbnb ROI: -0.48%

Traditional ROI: 2.09%

1886 County Rd 7

Grand Marais, MN

4 beds | 4 baths | 2,948 sq.ft.

$775,000

Airbnb cash on cash: 1.94%

Traditional cash on cash: 2.52%

Airbnb Rental Income: $3850

Traditional Rental Income: $3440

Airbnb ROI: 1.94%

Traditional ROI: 2.52%

8016 Gunflint Trl

Grand Marais, MN

N/A beds | 1 baths | 420 sq.ft.

$299,900

Airbnb cash on cash: 0.75%

Traditional cash on cash: 1.82%

Airbnb Rental Income: $1306

Traditional Rental Income: $1202

Airbnb ROI: 0.75%

Traditional ROI: 1.82%

45 S Bearskin Rd

Grand Marais, MN

1 beds | 1 baths | 616 sq.ft.

$425,000

Airbnb cash on cash: 0.68%

Traditional cash on cash: 0.22%

Airbnb Rental Income: $1674

Traditional Rental Income: $1023

Airbnb ROI: 0.68%

Traditional ROI: 0.22%

103 Onagon Lake Rd

Grand Marais, MN

1 beds | 1 baths | 1,008 sq.ft.

$280,000

Airbnb cash on cash: 2.87%

Traditional cash on cash: 4.76%

Airbnb Rental Income: $1674

Traditional Rental Income: $1703

Airbnb ROI: 2.87%

Traditional ROI: 4.76%

1088 South Shore Dr

Grand Marais, MN

2 beds | 1 baths | 1,000 sq.ft.

$599,000

Airbnb cash on cash: 0.84%

Traditional cash on cash: 0.63%

Airbnb Rental Income: $2346

Traditional Rental Income: $1651

Airbnb ROI: 0.84%

Traditional ROI: 0.63%

41 S Bearskin Rd

Grand Marais, MN

1 beds | 1 baths | 670 sq.ft.

$699,000

Airbnb cash on cash: -0.4%

Traditional cash on cash: -0.69%

Airbnb Rental Income: $1674

Traditional Rental Income: $1022

Airbnb ROI: -0.4%