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
3787 Lavaque Rd Hermantown, MN This Hermantown 4 bedroom, 5 bath with attached and detached garages....HAS IT ALL! Set b...	4 beds \| 4 baths \| 4,340 sq.ft.	$849,900	Airbnb cash on cash: -0.66% Traditional cash on cash: 2.33% Airbnb Rental Income: $1711 Traditional Rental Income: $3604 Airbnb ROI: -0.66% Traditional ROI: 2.33%
5009 Thompson Rd Hermantown, MN 5009 Thompson Rd, Hermantown, MN 55810 \| Single Family Residential	3 beds \| 2 baths \| 2,052 sq.ft.	$399,900	Airbnb cash on cash: 1.97% Traditional cash on cash: 3.28% Airbnb Rental Income: $2173 Traditional Rental Income: $2115 Airbnb ROI: 1.97% Traditional ROI: 3.28%
4909 Whitetail Dr Hermantown, MN Wonderful 4 bedroom, 2 bath home in Hermantown. Living room has vaulted ceiling and gas fi...	4 beds \| 2 baths \| 2,453 sq.ft.	$569,900	Airbnb cash on cash: 0.48% Traditional cash on cash: 2.52% Airbnb Rental Income: $1711 Traditional Rental Income: $2323 Airbnb ROI: 0.48% Traditional ROI: 2.52%
4978 Maribe Dr Hermantown, MN Situated in the City of Hermantown, this 4 bedroom, 4 bath home sits on a beautifully land...	5 beds \| 3 baths \| 2,956 sq.ft.	$649,900	Airbnb cash on cash: 0.58% Traditional cash on cash: 3.54% Airbnb Rental Income: $1494 Traditional Rental Income: $2851 Airbnb ROI: 0.58% Traditional ROI: 3.54%
3841 Haines Rd Hermantown, MN JUST LISTED, Cozy House on a large lot in Hermantown! Conveniently located, just 1.5 miles...	1 beds \| 1 baths \| 1,304 sq.ft.	$179,900	Airbnb cash on cash: 1.69% Traditional cash on cash: 3.04% Airbnb Rental Income: $1008 Traditional Rental Income: $881 Airbnb ROI: 1.69% Traditional ROI: 3.04%
4217 Lavaque Rd Hermantown, MN Tour this beautiful quality built, new construction all on one level. 3 bedrooms, 2 bathro...	3 beds \| 2 baths \| 1,746 sq.ft.	$575,000	Airbnb cash on cash: 1.69% Traditional cash on cash: 3.24% Airbnb Rental Income: $2173 Traditional Rental Income: $2453 Airbnb ROI: 1.69% Traditional ROI: 3.24%
3879 Okerstrom Rd Hermantown, MN Set on 5 scenic acres, this newer Hermantown home blends quality construction with modern ...	5 beds \| 2 baths \| 2,885 sq.ft.	$699,900	Airbnb cash on cash: -0.82% Traditional cash on cash: 2.82% Airbnb Rental Income: $1494 Traditional Rental Income: $3430 Airbnb ROI: -0.82% Traditional ROI: 2.82%
4911 Greystone St Hermantown, MN Hermantown Sterling Pond Estates Awaits! Open concept with the convenience of main floor l...	3 beds \| 2 baths \| 2,460 sq.ft.	$695,000	Airbnb cash on cash: 0.47% Traditional cash on cash: 1.99% Airbnb Rental Income: $2173 Traditional Rental Income: $2604 Airbnb ROI: 0.47% Traditional ROI: 1.99%
4889 Peyton Dr Hermantown, MN Quality construction Shines in this brand new one level! Nestled on over an acre in Herman...	3 beds \| 2 baths \| 2,330 sq.ft.	$730,000	Airbnb cash on cash: 0.08% Traditional cash on cash: 1.44% Airbnb Rental Income: $2173 Traditional Rental Income: $2547 Airbnb ROI: 0.08% Traditional ROI: 1.44%
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: 0% Traditional cash on cash: 0.72% Airbnb Rental Income: $2173 Traditional Rental Income: $2361 Airbnb ROI: 0% Traditional ROI: 0.72%
4407 Ugstad Rd Hermantown, MN Location, location, location! Enjoy a short walk to Hermantown schools, the hockey arena, ...	3 beds \| 2 baths \| 1,592 sq.ft.	$434,000	Airbnb cash on cash: 1.69% Traditional cash on cash: 3.33% Airbnb Rental Income: $2173 Traditional Rental Income: $2289 Airbnb ROI: 1.69% Traditional ROI: 3.33%
3713 Keene Creek Ln Hermantown, MN Welcome to this beautifully maintained 4-bedroom, 3-bath townhome, where comfort meets con...	4 beds \| 3 baths \| 2,605 sq.ft.	$475,000	Airbnb cash on cash: -0.61% Traditional cash on cash: 3.36% Airbnb Rental Income: $1711 Traditional Rental Income: $3002 Airbnb ROI: -0.61% Traditional ROI: 3.36%
5186 Hermantown Rd Hermantown, MN 5186 Hermantown Rd, Hermantown, MN 55811 \| Other	N/A beds \| N/A baths \| N/A	$72,500	Airbnb cash on cash: 7.93% Traditional cash on cash: 4.09% Airbnb Rental Income: $1202 Traditional Rental Income: $537 Airbnb ROI: 7.93% Traditional ROI: 4.09%
45xx - Lot B1 Norway Pines Pl Hermantown, MN 45xx - Lot B1 Norway Pines Pl, Hermantown, MN 55811 \| Other	N/A beds \| N/A baths \| N/A	$149,500	Airbnb cash on cash: 2.92% Traditional cash on cash: 1% Airbnb Rental Income: $1202 Traditional Rental Income: $537 Airbnb ROI: 2.92% Traditional ROI: 1%
45xx - Lot B2 Norway Pines Pl Hermantown, MN 45xx - Lot B2 Norway Pines Pl, Hermantown, MN 55811 \| Other	N/A beds \| N/A baths \| N/A	$189,500	Airbnb cash on cash: 1.89% Traditional cash on cash: 0.36% Airbnb Rental Income: $1202 Traditional Rental Income: $537 Airbnb ROI: 1.89% Traditional ROI: 0.36%
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.	$874,500	Airbnb cash on cash: -0.83% Traditional cash on cash: 0.59% Airbnb Rental Income: $1711 Traditional Rental Income: $2399 Airbnb ROI: -0.83% Traditional ROI: 0.59%
4809 Oak Ridge Dr Hermantown, MN Welcome to this beautifully updated split-entry home set in a serene, semi-wooded setting-...	5 beds \| 3 baths \| 2,962 sq.ft.	$697,500	Airbnb cash on cash: -0.43% Traditional cash on cash: 2.05% Airbnb Rental Income: $1494 Traditional Rental Income: $2670 Airbnb ROI: -0.43% Traditional ROI: 2.05%
4099 Maple Grove Rd Hermantown, MN 4099 Maple Grove Rd, Hermantown, MN 55811 \| Other	N/A beds \| N/A baths \| 0 sq.ft.	$700,000	Airbnb cash on cash: -1.01% Traditional cash on cash: -0.93% Airbnb Rental Income: $1202 Traditional Rental Income: $865 Airbnb ROI: -1.01% Traditional ROI: -0.93%
55XX Morris Thomas Rd Hermantown, MN 55XX Morris Thomas Rd, Hermantown, MN 55811 \| Other	N/A beds \| N/A baths \| N/A	$99,900	Airbnb cash on cash: 5.32% Traditional cash on cash: 3.39% Airbnb Rental Income: $1202 Traditional Rental Income: $626 Airbnb ROI: 5.32% Traditional ROI: 3.39%
57XX Rose Rd Hermantown, MN 57XX Rose Rd, Hermantown, MN 55811 \| Other	N/A beds \| N/A baths \| N/A	$69,900	Airbnb cash on cash: 8.29% Traditional cash on cash: 5.6% Airbnb Rental Income: $1202 Traditional Rental Income: $626 Airbnb ROI: 8.29% Traditional ROI: 5.6%
49xx Morris Thomas Rd Hermantown, MN 49xx Morris Thomas Rd, Hermantown, MN 55811 \| Other	N/A beds \| N/A baths \| N/A	$129,900	Airbnb cash on cash: 3.66% Traditional cash on cash: 2.17% Airbnb Rental Income: $1202 Traditional Rental Income: $626 Airbnb ROI: 3.66% Traditional ROI: 2.17%
4201 Lavaque Rd Hermantown, MN Highest & best offers by 8 p.m. Sunday 3/29/2026. Looking to put some sweat equity into th...	3 beds \| 1 baths \| 1,459 sq.ft.	$399,900	Airbnb cash on cash: 2.38% Traditional cash on cash: 2.84% Airbnb Rental Income: $2173 Traditional Rental Income: $1795 Airbnb ROI: 2.38% Traditional ROI: 2.84%
5265 Miller Trunk Hwy Hermantown, MN 5265 Miller Trunk Hwy, Hermantown, MN 55811 \| Other	N/A beds \| N/A baths \| N/A	$599,500	Airbnb cash on cash: -0.83% Traditional cash on cash: -1.15% Airbnb Rental Income: $1202 Traditional Rental Income: $633 Airbnb ROI: -0.83% Traditional ROI: -1.15%
4331 Haines Rd Hermantown, MN 4331 Haines Rd, Hermantown, MN 55811 \| Other	N/A beds \| N/A baths \| N/A	$1,700,000	Airbnb cash on cash: -1.66% Traditional cash on cash: -1.78% Airbnb Rental Income: $1202 Traditional Rental Income: $626 Airbnb ROI: -1.66% Traditional ROI: -1.78%
TBD Miller Trunky Hwy Hermantown, MN TBD Miller Trunky Hwy, Hermantown, MN 55811 \| Other	N/A beds \| N/A baths \| N/A	$595,000	Airbnb cash on cash: -0.82% Traditional cash on cash: -1.15% Airbnb Rental Income: $1202 Traditional Rental Income: $626 Airbnb ROI: -0.82% Traditional ROI: -1.15%
Xxyz Miller Trunk Hwy Hermantown, MN Xxyz Miller Trunk Hwy, Hermantown, MN 55811 \| Other	N/A beds \| N/A baths \| N/A	$595,000	Airbnb cash on cash: -0.82% Traditional cash on cash: -1.15% Airbnb Rental Income: $1202 Traditional Rental Income: $626 Airbnb ROI: -0.82% Traditional ROI: -1.15%
3645 Haines Rd Hermantown, MN 3645 Haines Rd, Hermantown, MN 55811 \| Single Family Residential	2 beds \| 2 baths \| 684 sq.ft.	$259,900	Airbnb cash on cash: 2.49% Traditional cash on cash: 2.16% Airbnb Rental Income: $1691 Traditional Rental Income: $1141 Airbnb ROI: 2.49% Traditional ROI: 2.16%
38XB Stebner Rd Hermantown, MN 38XB Stebner Rd, Hermantown, MN 55811 \| Other	N/A beds \| N/A baths \| N/A	$109,900	Airbnb cash on cash: 4.66% Traditional cash on cash: 3.02% Airbnb Rental Income: $1202 Traditional Rental Income: $638 Airbnb ROI: 4.66% Traditional ROI: 3.02%
3767 Keene Creek Ln #3767 Hermantown, MN Welcome to this beautifully maintained 4-bedroom, 3-bath townhome offering the perfect ble...	4 beds \| 2 baths \| 2,650 sq.ft.	$489,900	Airbnb cash on cash: -0.8% Traditional cash on cash: 1.6% Airbnb Rental Income: $1711 Traditional Rental Income: $2338 Airbnb ROI: -0.8% Traditional ROI: 1.6%
5278 Twin Pines St #5278 Hermantown, MN Stunning newer construction townhouse in located in Hermantown. On the main level you'll e...	4 beds \| 3 baths \| 2,800 sq.ft.	$624,900	Airbnb cash on cash: -0.25% Traditional cash on cash: 3.21% Airbnb Rental Income: $1711 Traditional Rental Income: $3252 Airbnb ROI: -0.25% Traditional ROI: 3.21%
4957 W Arrowhead Rd Hermantown, MN Step into a rare opportunity to own a true Hermantown treasure. Nestled on 10 breathtaking...	3 beds \| 2 baths \| 1,368 sq.ft.	$475,000	Airbnb cash on cash: 1.49% Traditional cash on cash: 2.55% Airbnb Rental Income: $2173 Traditional Rental Income: $2090 Airbnb ROI: 1.49% Traditional ROI: 2.55%
38XA Stebner Rd Hermantown, MN 38XA Stebner Rd, Hermantown, MN 55811 \| Other	N/A beds \| N/A baths \| N/A	$124,900	Airbnb cash on cash: 3.88% Traditional cash on cash: 2.45% Airbnb Rental Income: $1202 Traditional Rental Income: $641 Airbnb ROI: 3.88% Traditional ROI: 2.45%
4793 Anderson Rd Hermantown, MN Tucked away among the trees in the heart of Hermantown, this immaculate cedar bungalow off...	4 beds \| 3 baths \| 2,280 sq.ft.	$460,000	Airbnb cash on cash: 0.54% Traditional cash on cash: 3.89% Airbnb Rental Income: $1711 Traditional Rental Income: $2681 Airbnb ROI: 0.54% Traditional ROI: 3.89%
4934 Greystone St Hermantown, MN Stunning newer built home located in Hermantown. This 4 bedroom, 3 bathroom home has solid...	4 beds \| 3 baths \| 3,288 sq.ft.	$899,900	Airbnb cash on cash: -0.58% Traditional cash on cash: 1.25% Airbnb Rental Income: $1711 Traditional Rental Income: $2773 Airbnb ROI: -0.58% Traditional ROI: 1.25%
3829 Stebner Rd Hermantown, MN 3829 Stebner Rd, Hermantown, MN 55811 \| Single Family Residential	3 beds \| 2 baths \| 1,584 sq.ft.	$562,500	Airbnb cash on cash: 0.8% Traditional cash on cash: 1.8% Airbnb Rental Income: $2173 Traditional Rental Income: $2149 Airbnb ROI: 0.8% Traditional ROI: 1.8%
4212 Ugstad Rd Hermantown, MN Nestled on nearly 5 private acres, this charming Jackson Project home offers history, char...	3 beds \| 1 baths \| 1,250 sq.ft.	$359,000	Airbnb cash on cash: 2.53% Traditional cash on cash: 1.8% Airbnb Rental Income: $2173 Traditional Rental Income: $1376 Airbnb ROI: 2.53% Traditional ROI: 1.8%
4210 Jackson Dr Hermantown, MN Delight at this beautiful two story home in the highly sought after Jackson Estates! Nestl...	3 beds \| 2 baths \| 2,862 sq.ft.	$695,000	Airbnb cash on cash: 0.11% Traditional cash on cash: 1.05% Airbnb Rental Income: $2173 Traditional Rental Income: $2231 Airbnb ROI: 0.11% Traditional ROI: 1.05%
5286 Twin Pines St #5286 Hermantown, MN 5286 Twin Pines St #5286, Duluth, MN 55811 \| Condo/Coop	4 beds \| 3 baths \| 2,760 sq.ft.	$549,000	Airbnb cash on cash: 0.12% Traditional cash on cash: 3.2% Airbnb Rental Income: $1711 Traditional Rental Income: $2819 Airbnb ROI: 0.12% Traditional ROI: 3.2%
5028 White Pine St Hermantown, MN 5028 White Pine St, Duluth, MN 55811 \| Single Family Residential	6 beds \| 3 baths \| 4,501 sq.ft.	$975,000	Airbnb cash on cash: -1.12% Traditional cash on cash: 0.84% Airbnb Rental Income: $1494 Traditional Rental Income: $2832 Airbnb ROI: -1.12% Traditional ROI: 0.84%
3753 Keene Creek Ln Hermantown, MN Welcome to 3753 Keene Creek in Hermantown! This stunning 3-bedroom, 3-bathroom residence b...	3 beds \| 2 baths \| 2,640 sq.ft.	$459,900	Airbnb cash on cash: 0.12% Traditional cash on cash: 3.49% Airbnb Rental Income: $2173 Traditional Rental Income: $3072 Airbnb ROI: 0.12% Traditional ROI: 3.49%

Real Estate investment in Hermantown, MN

There are 59 properties for sale in the city of Hermantown . The median list price in Hermantown is $507,296 and the average price per square foot is $222. In August 2026, the average monthly cash on cash return in Hermantown is 2.00%. The average monthly rental income in Hermantown is $2,175.

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

There are 59 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 $2,175.

Your search for investment property begins and ends here

Investment Property for Sale in Hermantown, MN

3787 Lavaque Rd

Hermantown, MN

4 beds | 4 baths | 4,340 sq.ft.

$849,900

Airbnb cash on cash: -0.66%

Traditional cash on cash: 2.33%

Airbnb Rental Income: $1711

Traditional Rental Income: $3604

Airbnb ROI: -0.66%

Traditional ROI: 2.33%

5009 Thompson Rd

Hermantown, MN

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

$399,900

Airbnb cash on cash: 1.97%

Traditional cash on cash: 3.28%

Airbnb Rental Income: $2173

Traditional Rental Income: $2115

Airbnb ROI: 1.97%

Traditional ROI: 3.28%

4909 Whitetail Dr

Hermantown, MN

4 beds | 2 baths | 2,453 sq.ft.

$569,900

Airbnb cash on cash: 0.48%

Traditional cash on cash: 2.52%

Airbnb Rental Income: $1711

Traditional Rental Income: $2323

Airbnb ROI: 0.48%

Traditional ROI: 2.52%

4978 Maribe Dr

Hermantown, MN

5 beds | 3 baths | 2,956 sq.ft.

$649,900

Airbnb cash on cash: 0.58%

Traditional cash on cash: 3.54%

Airbnb Rental Income: $1494

Traditional Rental Income: $2851

Airbnb ROI: 0.58%

Traditional ROI: 3.54%

3841 Haines Rd

Hermantown, MN

1 beds | 1 baths | 1,304 sq.ft.

$179,900

Airbnb cash on cash: 1.69%

Traditional cash on cash: 3.04%

Airbnb Rental Income: $1008

Traditional Rental Income: $881

Airbnb ROI: 1.69%

Traditional ROI: 3.04%

4217 Lavaque Rd

Hermantown, MN

3 beds | 2 baths | 1,746 sq.ft.

$575,000

Airbnb cash on cash: 1.69%

Traditional cash on cash: 3.24%

Airbnb Rental Income: $2173

Traditional Rental Income: $2453

Airbnb ROI: 1.69%

Traditional ROI: 3.24%

3879 Okerstrom Rd

Hermantown, MN

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

$699,900

Airbnb cash on cash: -0.82%

Traditional cash on cash: 2.82%

Airbnb Rental Income: $1494

Traditional Rental Income: $3430

Airbnb ROI: -0.82%

Traditional ROI: 2.82%

4911 Greystone St

Hermantown, MN

3 beds | 2 baths | 2,460 sq.ft.

$695,000

Airbnb cash on cash: 0.47%

Traditional cash on cash: 1.99%

Airbnb Rental Income: $2173

Traditional Rental Income: $2604

Airbnb ROI: 0.47%