Real Estate Investment Properties for Sale in Hermantown, MN

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

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

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
5863 St. Louis River Rd Hermantown, MN Step into a storybook setting with this unique Hermantown haven, perfectly blending histor...	4 beds \| 2 baths \| 2,805 sq.ft.	$689,900	Airbnb cash on cash: -1.78% Traditional cash on cash: 1.95% Airbnb Rental Income: $632 Traditional Rental Income: $2734 Airbnb ROI: -1.78% Traditional ROI: 1.95%
4354 Ugstad Rd Hermantown, MN Welcome to 4354 Ugstad Roadâ an exceptional 4 bedroom, 4 bath home nestled on over an ac...	4 beds \| 4 baths \| 3,009 sq.ft.	$795,000	Airbnb cash on cash: -1.79% Traditional cash on cash: 2.79% Airbnb Rental Income: $632 Traditional Rental Income: $3729 Airbnb ROI: -1.79% Traditional ROI: 2.79%
3879 Okerstrom Rd Hermantown, MN Set on 5 scenic acres, this newer Hermantown home blends quality construction with modern ...	5 beds \| 3 baths \| 2,885 sq.ft.	$725,900	Airbnb cash on cash: N/A Traditional cash on cash: 2.68% Airbnb Rental Income: $null Traditional Rental Income: $3430 Airbnb ROI: N/A Traditional ROI: 2.68%
4320 Thielke Cir Hermantown, MN Perfectly situated at the end of a quiet cul-de-sac in one of Hermantownâs most desirabl...	4 beds \| 3 baths \| 2,207 sq.ft.	$689,900	Airbnb cash on cash: -1.51% Traditional cash on cash: 2.35% Airbnb Rental Income: $632 Traditional Rental Income: $2816 Airbnb ROI: -1.51% Traditional ROI: 2.35%
5014 Maple Grove Rd Hermantown, MN Don't miss this exquisite Built with Love-Home, featuring natural woodwork, an open concep...	3 beds \| 2 baths \| 1,617 sq.ft.	$1,100,000	Airbnb cash on cash: -1.03% Traditional cash on cash: 0.72% Airbnb Rental Income: $913 Traditional Rental Income: $2361 Airbnb ROI: -1.03% Traditional ROI: 0.72%
4929 Wild Rose Tr Hermantown, MN Brand-New Contemporary Home in Hermantown Welcome to this stunning new-construction conte...	4 beds \| 3 baths \| 2,700 sq.ft.	$784,000	Airbnb cash on cash: -0.93% Traditional cash on cash: 2.95% Airbnb Rental Income: $632 Traditional Rental Income: $3172 Airbnb ROI: -0.93% Traditional ROI: 2.95%
4891 Peyton Dr Hermantown, MN Brand New Construction! The rare chance to own a newly constructed home in Hermantown's ne...	4 beds \| 3 baths \| 3,560 sq.ft.	$899,500	Airbnb cash on cash: -1.91% Traditional cash on cash: 0.55% Airbnb Rental Income: $632 Traditional Rental Income: $2399 Airbnb ROI: -1.91% Traditional ROI: 0.55%
4809 Oak Ridge Dr Hermantown, MN Welcome to this beautifully updated split-entry home set in a serene, semi-wooded settingâ...	5 beds \| 3 baths \| 2,962 sq.ft.	$714,900	Airbnb cash on cash: N/A Traditional cash on cash: 1.98% Airbnb Rental Income: $null Traditional Rental Income: $2670 Airbnb ROI: N/A Traditional ROI: 1.98%
4251 Heartwood Ln Hermantown, MN Enter the foyer with its shiny floors, which lead to a bright, open living space. The one-...	3 beds \| 2 baths \| 1,580 sq.ft.	$500,000	Airbnb cash on cash: -1.16% Traditional cash on cash: 2.8% Airbnb Rental Income: $913 Traditional Rental Income: $2421 Airbnb ROI: -1.16% Traditional ROI: 2.8%
4528 Solway Rd Hermantown, MN This home checks all the boxes! Seller is motivated to sell! Set on 3 private acres in Her...	3 beds \| 2 baths \| 1,761 sq.ft.	$429,900	Airbnb cash on cash: -0.79% Traditional cash on cash: 3.63% Airbnb Rental Income: $913 Traditional Rental Income: $2353 Airbnb ROI: -0.79% Traditional ROI: 3.63%
3977 Lavaque Rd Hermantown, MN OPEN HOUSE 5/17/26 1PM-3PM....NEW PRICE!!!! PRIDE OF OWNERSHIP SHINES THROUGHOUT!! This 3...	3 beds \| 2 baths \| 2,400 sq.ft.	$629,900	Airbnb cash on cash: -1.21% Traditional cash on cash: 2.31% Airbnb Rental Income: $913 Traditional Rental Income: $2639 Airbnb ROI: -1.21% Traditional ROI: 2.31%
5023 Red Cedar St Hermantown, MN Welcome to a home that truly has it allâcrafted for comfort, elevated for style, and des...	4 beds \| 4 baths \| 5,400 sq.ft.	$1,100,000	Airbnb cash on cash: -1.78% Traditional cash on cash: 0.4% Airbnb Rental Income: $632 Traditional Rental Income: $2574 Airbnb ROI: -1.78% Traditional ROI: 0.4%
4704 Portland Rd Hermantown, MN Welcome home to this fabulous, move-in ready Hermantown home! Lovingly maintained and thou...	3 beds \| 2 baths \| 1,826 sq.ft.	$419,900	Airbnb cash on cash: -0.71% Traditional cash on cash: 4.12% Airbnb Rental Income: $913 Traditional Rental Income: $2471 Airbnb ROI: -0.71% Traditional ROI: 4.12%
5278 Twin Pines St Hermantown, MN Stunning newer construction townhouse in located in Hermantown. On the main level youâll...	4 beds \| 3 baths \| 2,800 sq.ft.	$649,900	Airbnb cash on cash: -1.76% Traditional cash on cash: 3.05% Airbnb Rental Income: $632 Traditional Rental Income: $3252 Airbnb ROI: -1.76% Traditional ROI: 3.05%

Real Estate investment in Hermantown, MN

There are 14 properties for sale in the city of Hermantown . The median list price in Hermantown is $702,400 and the average price per square foot is $262. In May 2026, the average monthly cash on cash return in Hermantown is 3.00%. The average monthly rental income in Hermantown is $2,655.

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

There are 14 investment properties available for sale in Hermantown.

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

The ROI for Long-Term is higher than the Short-Term in Hermantown with average rental income of $2,655.

Your search for investment property begins and ends here

Investment Property for Sale in Hermantown, MN

5863 St. Louis River Rd

Hermantown, MN

4 beds | 2 baths | 2,805 sq.ft.

$689,900

Airbnb cash on cash: -1.78%

Traditional cash on cash: 1.95%

Airbnb Rental Income: $632

Traditional Rental Income: $2734

Airbnb ROI: -1.78%

Traditional ROI: 1.95%

4354 Ugstad Rd

Hermantown, MN

4 beds | 4 baths | 3,009 sq.ft.

$795,000

Airbnb cash on cash: -1.79%

Traditional cash on cash: 2.79%

Airbnb Rental Income: $632

Traditional Rental Income: $3729

Airbnb ROI: -1.79%

Traditional ROI: 2.79%

3879 Okerstrom Rd

Hermantown, MN

5 beds | 3 baths | 2,885 sq.ft.

$725,900

Airbnb cash on cash: N/A

Traditional cash on cash: 2.68%

Airbnb Rental Income: $null

Traditional Rental Income: $3430

Airbnb ROI: N/A

Traditional ROI: 2.68%

4320 Thielke Cir

Hermantown, MN

4 beds | 3 baths | 2,207 sq.ft.

$689,900

Airbnb cash on cash: -1.51%

Traditional cash on cash: 2.35%

Airbnb Rental Income: $632

Traditional Rental Income: $2816

Airbnb ROI: -1.51%

Traditional ROI: 2.35%

5014 Maple Grove Rd

Hermantown, MN

3 beds | 2 baths | 1,617 sq.ft.

$1,100,000

Airbnb cash on cash: -1.03%

Traditional cash on cash: 0.72%

Airbnb Rental Income: $913

Traditional Rental Income: $2361

Airbnb ROI: -1.03%

Traditional ROI: 0.72%

4929 Wild Rose Tr

Hermantown, MN

4 beds | 3 baths | 2,700 sq.ft.

$784,000

Airbnb cash on cash: -0.93%

Traditional cash on cash: 2.95%

Airbnb Rental Income: $632

Traditional Rental Income: $3172

Airbnb ROI: -0.93%

Traditional ROI: 2.95%

4891 Peyton Dr

Hermantown, MN

4 beds | 3 baths | 3,560 sq.ft.

$899,500

Airbnb cash on cash: -1.91%

Traditional cash on cash: 0.55%

Airbnb Rental Income: $632

Traditional Rental Income: $2399

Airbnb ROI: -1.91%

Traditional ROI: 0.55%

4809 Oak Ridge Dr

Hermantown, MN

5 beds | 3 baths | 2,962 sq.ft.

$714,900

Airbnb cash on cash: N/A

Traditional cash on cash: 1.98%

Airbnb Rental Income: $null

Traditional Rental Income: $2670

Airbnb ROI: N/A