Real Estate Investment Properties for Sale in Hugo, MN

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

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

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
15588 Emerald Drive N #6 Hugo, MN Welcome to easy living in Hugo's desirable Heritage Ponds community! This beautifully upda...	2 beds \| 3 baths \| 1,327 sq.ft.	$250,000	Airbnb cash on cash: 0.56% Traditional cash on cash: 5.36% Airbnb Rental Income: $1596 Traditional Rental Income: $2274 Airbnb ROI: 0.56% Traditional ROI: 5.36%
11959 Imperial Avenue N Hugo, MN Welcome to this stunning 4-bedroom, 4-bathroom home offering nearly 4,000 square feet of b...	4 beds \| 4 baths \| 3,890 sq.ft.	$1,300,000	Airbnb cash on cash: 0.54% Traditional cash on cash: 1.46% Airbnb Rental Income: $3402 Traditional Rental Income: $3756 Airbnb ROI: 0.54% Traditional ROI: 1.46%
5420 134th Street N Hugo, MN Welcome to this beautiful 4-bedroom, 2-bathroom home where indoor and outdoor entertaining...	4 beds \| 2 baths \| 1,882 sq.ft.	$385,000	Airbnb cash on cash: 4.77% Traditional cash on cash: 4.52% Airbnb Rental Income: $3402 Traditional Rental Income: $2556 Airbnb ROI: 4.77% Traditional ROI: 4.52%
13457 Europa Court N #3 Hugo, MN Welcome to this beautifully updated 2-bedroom, 2-bathroom home in Hugo! Built in 2004, thi...	2 beds \| 2 baths \| 1,373 sq.ft.	$252,000	Airbnb cash on cash: 0.75% Traditional cash on cash: 2.68% Airbnb Rental Income: $1596 Traditional Rental Income: $1602 Airbnb ROI: 0.75% Traditional ROI: 2.68%
1785 Center Street Hugo, MN This beautiful 4 bedroom, 2 bath bi-level property with bike trail access, and a large, pr...	4 beds \| 2 baths \| 1,647 sq.ft.	$352,500	Airbnb cash on cash: 5.54% Traditional cash on cash: 4.12% Airbnb Rental Income: $3402 Traditional Rental Income: $2179 Airbnb ROI: 5.54% Traditional ROI: 4.12%
4605 Victor Path #6 Hugo, MN Welcome to your new home! Nestled within the highly sought after Victor Gardens community,...	2 beds \| 3 baths \| 1,649 sq.ft.	$249,900	Airbnb cash on cash: -0.01% Traditional cash on cash: 4.15% Airbnb Rental Income: $1596 Traditional Rental Income: $2123 Airbnb ROI: -0.01% Traditional ROI: 4.15%
4353 Victor Path #4 Hugo, MN Welcome home to this bright, open and inviting home in lovely Victor Gardens! Upon enterin...	2 beds \| 3 baths \| 1,600 sq.ft.	$254,900	Airbnb cash on cash: 0.18% Traditional cash on cash: 3.58% Airbnb Rental Income: $1596 Traditional Rental Income: $1960 Airbnb ROI: 0.18% Traditional ROI: 3.58%
4970 149th Street N #3 Hugo, MN Welcome home to 4970 149th Street N #3 in the highly sought-after Waters Edge community of...	2 beds \| 2 baths \| 1,288 sq.ft.	$215,000	Airbnb cash on cash: 0.51% Traditional cash on cash: 4.34% Airbnb Rental Income: $1596 Traditional Rental Income: $1922 Airbnb ROI: 0.51% Traditional ROI: 4.34%
14118 Jardin Avenue N Hugo, MN Welcome to this modern Craftsman home located in the sought-after Victor Gardens community...	4 beds \| 4 baths \| 2,941 sq.ft.	$615,000	Airbnb cash on cash: 2.21% Traditional cash on cash: 3.51% Airbnb Rental Income: $3402 Traditional Rental Income: $3392 Airbnb ROI: 2.21% Traditional ROI: 3.51%
16206 Europa Avenue N Hugo, MN This impressive home was built in 2022 by DR. Horton in Hugo's Oneka Place community. It o...	5 beds \| 4 baths \| 3,400 sq.ft.	$649,900	Airbnb cash on cash: 0.92% Traditional cash on cash: 4.1% Airbnb Rental Income: $2588 Traditional Rental Income: $3900 Airbnb ROI: 0.92% Traditional ROI: 4.1%
5696 170th Street N Hugo, MN Nestled within a serene 53 acre oasis, this property features a blend of Farmland, hardwoo...	3 beds \| 3 baths \| 3,915 sq.ft.	$1,250,000	Airbnb cash on cash: -0.04% Traditional cash on cash: -0.32% Airbnb Rental Income: $2999 Traditional Rental Income: $1985 Airbnb ROI: -0.04% Traditional ROI: -0.32%
12757 Ferrara Avenue N Hugo, MN Exceptionally maintained 3+BR, 3BA, 3 car garage on pristine corner lot on a cul de sac. F...	3 beds \| 3 baths \| 2,471 sq.ft.	$415,000	Airbnb cash on cash: 2.17% Traditional cash on cash: 3.32% Airbnb Rental Income: $2999 Traditional Rental Income: $2758 Airbnb ROI: 2.17% Traditional ROI: 3.32%
14633 Victor Hugo Boulevard N #4 Hugo, MN Three-level end-unit home offering flexible living spaces, beautiful pond views, and thoug...	3 beds \| 4 baths \| 2,352 sq.ft.	$369,500	Airbnb cash on cash: 2.79% Traditional cash on cash: 4.47% Airbnb Rental Income: $2999 Traditional Rental Income: $2893 Airbnb ROI: 2.79% Traditional ROI: 4.47%
6571 145th Circle N Hugo, MN Exceptional Hugo home situated on a premium lot overlooking protected wildlife space with ...	3 beds \| 3 baths \| 2,395 sq.ft.	$599,900	Airbnb cash on cash: 1.86% Traditional cash on cash: 2.97% Airbnb Rental Income: $2999 Traditional Rental Income: $2931 Airbnb ROI: 1.86% Traditional ROI: 2.97%
6452 Pheasant Hills Drive Hugo, MN Motivated sellers Welcome to 6452 Pheasant Hills Drive, Lino Lakes, Minnesota. A stun...	5 beds \| 4 baths \| 5,300 sq.ft.	$759,000	Airbnb cash on cash: 0.3% Traditional cash on cash: 1.31% Airbnb Rental Income: $2588 Traditional Rental Income: $2683 Airbnb ROI: 0.3% Traditional ROI: 1.31%
2172 Jasper Court Hugo, MN Say hello to this turnkey, move-in-ready townhome in the heart of Watermark! This beautifu...	3 beds \| 3 baths \| 1,804 sq.ft.	$324,900	Airbnb cash on cash: 3.96% Traditional cash on cash: 4.15% Airbnb Rental Income: $2999 Traditional Rental Income: $2366 Airbnb ROI: 3.96% Traditional ROI: 4.15%
4360 Empress Drive N #4 Hugo, MN Welcome to this well-located 3-bedroom, 3-bath townhome in a quiet Hugo neighborhood and t...	3 beds \| 3 baths \| 1,580 sq.ft.	$282,900	Airbnb cash on cash: 5.04% Traditional cash on cash: 3.47% Airbnb Rental Income: $2999 Traditional Rental Income: $1890 Airbnb ROI: 5.04% Traditional ROI: 3.47%
4919 132nd Way N Hugo, MN Easy access to Hwy 61 to the south, close to Hugo and White Bear Lake, and easy access to ...	2 beds \| 2 baths \| 1,700 sq.ft.	$274,900	Airbnb cash on cash: 0.47% Traditional cash on cash: 3.38% Airbnb Rental Income: $1596 Traditional Rental Income: $1897 Airbnb ROI: 0.47% Traditional ROI: 3.38%
14185 Ferrara Avenue N Hugo, MN Welcome to this well-maintained 4 bedroom, 3 bathroom split level home featuring over 2,20...	4 beds \| 3 baths \| 2,213 sq.ft.	$415,000	Airbnb cash on cash: 4.57% Traditional cash on cash: 4.24% Airbnb Rental Income: $3402 Traditional Rental Income: $2516 Airbnb ROI: 4.57% Traditional ROI: 4.24%
5193 Farnham Drive N Hugo, MN NEW PRICE! Move-in-ready 3-bedroom townhome in Hugo's amenity-rich Water's Edge community....	3 beds \| 2 baths \| 1,534 sq.ft.	$289,900	Airbnb cash on cash: 4.64% Traditional cash on cash: 3.02% Airbnb Rental Income: $2999 Traditional Rental Income: $1868 Airbnb ROI: 4.64% Traditional ROI: 3.02%
5715 159th Street N Hugo, MN Welcome to this well maintained three bedroom three bathroom split-entry home situated on ...	3 beds \| 3 baths \| 2,147 sq.ft.	$425,000	Airbnb cash on cash: 3.52% Traditional cash on cash: 3.74% Airbnb Rental Income: $2999 Traditional Rental Income: $2399 Airbnb ROI: 3.52% Traditional ROI: 3.74%
4964 Emmit Drive N #2 Hugo, MN Seller will pay $3000 in permanent mortgage rate buy-down costs. This Hugo home, built in ...	2 beds \| 2 baths \| 1,015 sq.ft.	$204,000	Airbnb cash on cash: 3.15% Traditional cash on cash: 4.32% Airbnb Rental Income: $1596 Traditional Rental Income: $1369 Airbnb ROI: 3.15% Traditional ROI: 4.32%
13540 Fiona Avenue N Hugo, MN Welcome to this beautifully maintained, pre-inspected four-level split situated on a corne...	3 beds \| 2 baths \| 1,774 sq.ft.	$390,000	Airbnb cash on cash: 3.99% Traditional cash on cash: 3.2% Airbnb Rental Income: $2999 Traditional Rental Income: $2021 Airbnb ROI: 3.99% Traditional ROI: 3.2%
5132 Farnham Drive N Hugo, MN Move-in ready and beautifully refreshed, this Hugo townhome offers comfortable, low-mainte...	3 beds \| 2 baths \| 1,575 sq.ft.	$284,900	Airbnb cash on cash: 4.72% Traditional cash on cash: 3.1% Airbnb Rental Income: $2999 Traditional Rental Income: $1874 Airbnb ROI: 4.72% Traditional ROI: 3.1%
14623 Victor Hugo Boulevard Hugo, MN Move-in ready end unit with the light, space, and neighborhood setting buyers hope for! Th...	3 beds \| 4 baths \| 2,352 sq.ft.	$349,900	Airbnb cash on cash: 4.64% Traditional cash on cash: 6% Airbnb Rental Income: $2999 Traditional Rental Income: $2758 Airbnb ROI: 4.64% Traditional ROI: 6%
15519 Goodview Trail N Hugo, MN Better Than New \| Move-In Ready in Hugo Built in 2024 and already fully upgraded-skip the ...	5 beds \| 4 baths \| 2,897 sq.ft.	$589,999	Airbnb cash on cash: 1.44% Traditional cash on cash: 4.15% Airbnb Rental Income: $2588 Traditional Rental Income: $3464 Airbnb ROI: 1.44% Traditional ROI: 4.15%
5149 157th Street N Hugo, MN Enjoy the simplicity of one-level living with the added benefit of nearly doubling your fi...	2 beds \| 2 baths \| 1,725 sq.ft.	$424,900	Airbnb cash on cash: 0.52% Traditional cash on cash: 3.09% Airbnb Rental Income: $1596 Traditional Rental Income: $2164 Airbnb ROI: 0.52% Traditional ROI: 3.09%
5655 138th Street N Hugo, MN Rare opportunity to own one of the finest, most private properties in the entire developme...	3 beds \| 3 baths \| 1,801 sq.ft.	$309,000	Airbnb cash on cash: 5.48% Traditional cash on cash: 5.7% Airbnb Rental Income: $2999 Traditional Rental Income: $2373 Airbnb ROI: 5.48% Traditional ROI: 5.7%
6250 152nd Street N Hugo, MN A spacious corner lot, mature trees, and a fully fenced backyard set the scene for this Hu...	3 beds \| 2 baths \| 1,611 sq.ft.	$375,000	Airbnb cash on cash: 4.18% Traditional cash on cash: 4.01% Airbnb Rental Income: $2999 Traditional Rental Income: $2252 Airbnb ROI: 4.18% Traditional ROI: 4.01%

Real Estate investment in Hugo, MN

There are 33 properties for sale in the city of Hugo . The median list price in Hugo is $424,798 and the average price per square foot is $198. In November 2026, the average monthly cash on cash return in Hugo is 2.00%. The average monthly rental income in Hugo is $2,305.

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

There are 33 investment properties available for sale in Hugo.

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

The ROI for Short-Term is higher than the Long-Term in Hugo with average rental income of $2,999.

Your search for investment property begins and ends here

Investment Property for Sale in Hugo, MN

15588 Emerald Drive N #6

Hugo, MN

2 beds | 3 baths | 1,327 sq.ft.

$250,000

Airbnb cash on cash: 0.56%

Traditional cash on cash: 5.36%

Airbnb Rental Income: $1596

Traditional Rental Income: $2274

Airbnb ROI: 0.56%

Traditional ROI: 5.36%

11959 Imperial Avenue N

Hugo, MN

4 beds | 4 baths | 3,890 sq.ft.

$1,300,000

Airbnb cash on cash: 0.54%

Traditional cash on cash: 1.46%

Airbnb Rental Income: $3402

Traditional Rental Income: $3756

Airbnb ROI: 0.54%

Traditional ROI: 1.46%

5420 134th Street N

Hugo, MN

4 beds | 2 baths | 1,882 sq.ft.

$385,000

Airbnb cash on cash: 4.77%

Traditional cash on cash: 4.52%

Airbnb Rental Income: $3402

Traditional Rental Income: $2556

Airbnb ROI: 4.77%

Traditional ROI: 4.52%

13457 Europa Court N #3

Hugo, MN

2 beds | 2 baths | 1,373 sq.ft.

$252,000

Airbnb cash on cash: 0.75%

Traditional cash on cash: 2.68%

Airbnb Rental Income: $1596

Traditional Rental Income: $1602

Airbnb ROI: 0.75%

Traditional ROI: 2.68%

1785 Center Street

Hugo, MN

4 beds | 2 baths | 1,647 sq.ft.

$352,500

Airbnb cash on cash: 5.54%

Traditional cash on cash: 4.12%

Airbnb Rental Income: $3402

Traditional Rental Income: $2179

Airbnb ROI: 5.54%

Traditional ROI: 4.12%

4605 Victor Path #6

Hugo, MN

2 beds | 3 baths | 1,649 sq.ft.

$249,900

Airbnb cash on cash: -0.01%

Traditional cash on cash: 4.15%

Airbnb Rental Income: $1596

Traditional Rental Income: $2123

Airbnb ROI: -0.01%

Traditional ROI: 4.15%

4353 Victor Path #4

Hugo, MN

2 beds | 3 baths | 1,600 sq.ft.

$254,900

Airbnb cash on cash: 0.18%

Traditional cash on cash: 3.58%

Airbnb Rental Income: $1596

Traditional Rental Income: $1960

Airbnb ROI: 0.18%

Traditional ROI: 3.58%

4970 149th Street N #3

Hugo, MN

2 beds | 2 baths | 1,288 sq.ft.

$215,000

Airbnb cash on cash: 0.51%

Traditional cash on cash: 4.34%

Airbnb Rental Income: $1596

Traditional Rental Income: $1922

Airbnb ROI: 0.51%