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
4934 132nd Way N Hugo, MN Discover the perfect blend of comfort and style in this beautiful end unit townhome locate...	3 beds \| 2 baths \| 1,638 sq.ft.	$289,000	Airbnb cash on cash: 1.01% Traditional cash on cash: 4.54% Airbnb Rental Income: $1836 Traditional Rental Income: $2304 Airbnb ROI: 1.01% Traditional ROI: 4.54%
13049 Europa Trail Way N #H Hugo, MN This stunning 3-bedroom, 2-bath townhome offers the perfect blend of comfort and convenien...	3 beds \| 2 baths \| 1,652 sq.ft.	$270,000	Airbnb cash on cash: 1.44% Traditional cash on cash: 3.88% Airbnb Rental Income: $1836 Traditional Rental Income: $1960 Airbnb ROI: 1.44% Traditional ROI: 3.88%
14330 Grantaire Lane N Hugo, MN Build your dream home on one of our lots or your own! Step into the pinnacle of luxury wi...	4 beds \| 3 baths \| 3,684 sq.ft.	$1,199,000	Airbnb cash on cash: 0.38% Traditional cash on cash: 1.31% Airbnb Rental Income: $2472 Traditional Rental Income: $2911 Airbnb ROI: 0.38% Traditional ROI: 1.31%
15895 Ethan Trail N Hugo, MN Your future dream home awaits! This new construction home will feature 4 bedrooms, 3 bathr...	4 beds \| 3 baths \| 2,967 sq.ft.	$750,000	Airbnb cash on cash: 1.31% Traditional cash on cash: 3.38% Airbnb Rental Income: $2472 Traditional Rental Income: $3315 Airbnb ROI: 1.31% Traditional ROI: 3.38%
4353 Victor Path #6 Hugo, MN Best deal in the development! Well maintained and quick close possible. Upper level has pr...	2 beds \| 3 baths \| 1,700 sq.ft.	$235,000	Airbnb cash on cash: 4.52% Traditional cash on cash: 5.54% Airbnb Rental Income: $2772 Traditional Rental Income: $2349 Airbnb ROI: 4.52% Traditional ROI: 5.54%
15656 Emerald Drive N #1 Hugo, MN Welcome Home to 15656 Emerald Dr N #1 in Heritage Ponds, Hugo. This move-in ready 3BR, 2BA...	3 beds \| 2 baths \| 1,483 sq.ft.	$267,500	Airbnb cash on cash: 1.31% Traditional cash on cash: 4.35% Airbnb Rental Income: $1836 Traditional Rental Income: $2109 Airbnb ROI: 1.31% Traditional ROI: 4.35%
4605 Victor Path #6 Hugo, MN Welcome to your new home, nestled within the highly sought after Victor Gardens community....	2 beds \| 3 baths \| 1,820 sq.ft.	$249,000	Airbnb cash on cash: 4.24% Traditional cash on cash: 4.24% Airbnb Rental Income: $2772 Traditional Rental Income: $2123 Airbnb ROI: 4.24% Traditional ROI: 4.24%
4353 Victor Path #4 Hugo, MN Welcome home to this bright, open and inviting home in lovely Victor Gardens! Upon enteri...	2 beds \| 3 baths \| 1,600 sq.ft.	$285,000	Airbnb cash on cash: 3.71% Traditional cash on cash: 3.11% Airbnb Rental Income: $2772 Traditional Rental Income: $1960 Airbnb ROI: 3.71% Traditional ROI: 3.11%
16123 Europa Avenue N Hugo, MN Our popular Cape Cod two story plan features a main floor office/den, family room with coz...	5 beds \| 5 baths \| 4,026 sq.ft.	$739,900	Airbnb cash on cash: N/A Traditional cash on cash: 5.48% Airbnb Rental Income: $null Traditional Rental Income: $4765 Airbnb ROI: N/A Traditional ROI: 5.48%
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.	$225,000	Airbnb cash on cash: 5.14% Traditional cash on cash: 4.21% Airbnb Rental Income: $2772 Traditional Rental Income: $1922 Airbnb ROI: 5.14% Traditional ROI: 4.21%
15652 Emerald Drive N #3 Hugo, MN Welcome home to this inviting, move-in ready townhome! The open-concept main level flows ...	2 beds \| 2 baths \| 1,419 sq.ft.	$238,900	Airbnb cash on cash: 5.08% Traditional cash on cash: 4.69% Airbnb Rental Income: $2772 Traditional Rental Income: $2033 Airbnb ROI: 5.08% Traditional ROI: 4.69%
15656 Emerald Drive N #10 Hugo, MN Welcome home to 15656 Emerald Drive N, your private, end unit townhome. This prime locatio...	2 beds \| 2 baths \| 1,558 sq.ft.	$254,900	Airbnb cash on cash: 4.65% Traditional cash on cash: 4.78% Airbnb Rental Income: $2772 Traditional Rental Income: $2154 Airbnb ROI: 4.65% Traditional ROI: 4.78%
5265 Fenson Court N Hugo, MN Tucked away on a quiet cul-de-sac, this beautifully designed home offers warmth, space, an...	5 beds \| 4 baths \| 2,870 sq.ft.	$499,900	Airbnb cash on cash: N/A Traditional cash on cash: 4.72% Airbnb Rental Income: $null Traditional Rental Income: $3388 Airbnb ROI: N/A Traditional ROI: 4.72%
13852 Geneva Avenue N Hugo, MN This pristine 3-bedroom, 2-bathroom slab-on-grade home is tucked away in the peaceful and ...	3 beds \| 2 baths \| 1,734 sq.ft.	$500,000	Airbnb cash on cash: 0.32% Traditional cash on cash: 2.95% Airbnb Rental Income: $1836 Traditional Rental Income: $2571 Airbnb ROI: 0.32% Traditional ROI: 2.95%
13037 Europa Trail Way N #C Hugo, MN Welcome to your new beginning in Hugo! This inviting two-story townhome is tucked into a q...	2 beds \| 2 baths \| 1,497 sq.ft.	$244,900	Airbnb cash on cash: 5.06% Traditional cash on cash: 5.24% Airbnb Rental Income: $2772 Traditional Rental Income: $2164 Airbnb ROI: 5.06% Traditional ROI: 5.24%
5901 131st Street N Hugo, MN Adelaide Landing Luxury â Mahtomedi Schools! Nestled in an award-winning community with ...	5 beds \| 4 baths \| 4,604 sq.ft.	$845,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.07% Airbnb Rental Income: $null Traditional Rental Income: $4050 Airbnb ROI: N/A Traditional ROI: 3.07%
12578 Fenway Avenue N Hugo, MN Effortless One-Level Living in a Beautifully Maintained Twin Home Discover the perfect bl...	2 beds \| 2 baths \| 1,650 sq.ft.	$340,000	Airbnb cash on cash: 3% Traditional cash on cash: 3.63% Airbnb Rental Income: $2772 Traditional Rental Income: $2324 Airbnb ROI: 3% Traditional ROI: 3.63%
14569 Everton Avenue N #5 Hugo, MN OPEN HOUSE SAT 11-2pm & SUN 1230-330, Labor Day 11-2pm Beautifully Bright Townhome in the ...	2 beds \| 3 baths \| 1,843 sq.ft.	$260,000	Airbnb cash on cash: 6.02% Traditional cash on cash: 7.24% Airbnb Rental Income: $2772 Traditional Rental Income: $2421 Airbnb ROI: 6.02% Traditional ROI: 7.24%
5585 129th Drive N Hugo, MN Spacious & Sun-Filled Home with Pond Views! Welcome to this beautifully maintained home fe...	3 beds \| 3 baths \| 2,230 sq.ft.	$460,000	Airbnb cash on cash: -0.21% Traditional cash on cash: 2.6% Airbnb Rental Income: $1836 Traditional Rental Income: $2550 Airbnb ROI: -0.21% Traditional ROI: 2.6%
15729 Fairoaks Avenue N Hugo, MN FORMER MODEL HOME when built, high quality Oak trim, doors and built in's through out. Wel...	4 beds \| 4 baths \| 2,607 sq.ft.	$499,900	Airbnb cash on cash: 1.58% Traditional cash on cash: 4.18% Airbnb Rental Income: $2472 Traditional Rental Income: $3089 Airbnb ROI: 1.58% Traditional ROI: 4.18%
4391 Garden Way N Hugo, MN OPEN HOUSE FRIDAY, SEPTEMBER 26th from 4PM to 6PM Rare and impressive American Classic...	3 beds \| 3 baths \| 2,729 sq.ft.	$575,000	Airbnb cash on cash: 0.14% Traditional cash on cash: 2.85% Airbnb Rental Income: $1836 Traditional Rental Income: $2799 Airbnb ROI: 0.14% Traditional ROI: 2.85%
4611 Fable Hill Way N Hugo, MN Welcome to 4611 Fable Hill Way Nâwhere luxury meets privacy in one of Hugoâs most desi...	4 beds \| 3 baths \| 3,319 sq.ft.	$824,900	Airbnb cash on cash: 0.06% Traditional cash on cash: 1.47% Airbnb Rental Income: $2472 Traditional Rental Income: $2954 Airbnb ROI: 0.06% Traditional ROI: 1.47%
7050 177th Street N Hugo, MN Quiet neighborhood with 10 acres lots(well almost - 9.8 acres)! , single family homes. Rou...	5 beds \| 4 baths \| 3,216 sq.ft.	$750,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.8% Airbnb Rental Income: $null Traditional Rental Income: $3941 Airbnb ROI: N/A Traditional ROI: 3.8%
15672 Emerald Drive N #1 Hugo, MN MOVE RIGHT IN! This end unit townhome is spotless and move in ready. Enjoy the beautiful...	3 beds \| 2 baths \| 1,483 sq.ft.	$270,000	Airbnb cash on cash: 1.27% Traditional cash on cash: 4.28% Airbnb Rental Income: $1836 Traditional Rental Income: $2106 Airbnb ROI: 1.27% Traditional ROI: 4.28%
14569 Everton Avenue N #8 Hugo, MN Beautiful, END UNIT townhome in prime location of Victor Gardens neighborhood on dead end ...	2 beds \| 3 baths \| 1,800 sq.ft.	$279,900	Airbnb cash on cash: 3.57% Traditional cash on cash: 4.56% Airbnb Rental Income: $2772 Traditional Rental Income: $2382 Airbnb ROI: 3.57% Traditional ROI: 4.56%
15684 Emerald Drive N #5 Hugo, MN Beautifully maintained townhome in prime Hugo location! This turn-key townhome features a ...	2 beds \| 2 baths \| 1,416 sq.ft.	$225,000	Airbnb cash on cash: 5.37% Traditional cash on cash: 5.01% Airbnb Rental Income: $2772 Traditional Rental Income: $2044 Airbnb ROI: 5.37% Traditional ROI: 5.01%
14108 Jardin Avenue N Hugo, MN Welcome home to Victor Gardens! This sought-after master-planned community offers a lifest...	5 beds \| 3 baths \| 2,834 sq.ft.	$590,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.03% Airbnb Rental Income: $null Traditional Rental Income: $3055 Airbnb ROI: N/A Traditional ROI: 3.03%
4798 Prairie Trail N Hugo, MN Why Wait to Build When You Can Have âLike-Newâ Luxury Now? Experience the difference q...	4 beds \| 4 baths \| 3,616 sq.ft.	$749,900	Airbnb cash on cash: 0.53% Traditional cash on cash: 3.39% Airbnb Rental Income: $2472 Traditional Rental Income: $3871 Airbnb ROI: 0.53% Traditional ROI: 3.39%

Real Estate investment in Hugo, MN

There are 38 properties for sale in the city of Hugo . The median list price in Hugo is $450,000 and the average price per square foot is $187. In October 2025, the average monthly cash on cash return in Hugo is 4.00%. The average monthly rental income in Hugo is $2,561.

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

There are 38 investment properties available for sale in Hugo.

In 2025, the best neighborhood to buy investment property is Hugo.

The ROI for Long-Term is higher than the Short-Term in Hugo with average rental income of $2,561.

Your search for investment property begins and ends here

Investment Property for Sale in Hugo, MN

4934 132nd Way N

Hugo, MN

3 beds | 2 baths | 1,638 sq.ft.

$289,000

Airbnb cash on cash: 1.01%

Traditional cash on cash: 4.54%

Airbnb Rental Income: $1836

Traditional Rental Income: $2304

Airbnb ROI: 1.01%

Traditional ROI: 4.54%

13049 Europa Trail Way N #H

Hugo, MN

3 beds | 2 baths | 1,652 sq.ft.

$270,000

Airbnb cash on cash: 1.44%

Traditional cash on cash: 3.88%

Airbnb Rental Income: $1836

Traditional Rental Income: $1960

Airbnb ROI: 1.44%

Traditional ROI: 3.88%

14330 Grantaire Lane N

Hugo, MN

4 beds | 3 baths | 3,684 sq.ft.

$1,199,000

Airbnb cash on cash: 0.38%

Traditional cash on cash: 1.31%

Airbnb Rental Income: $2472

Traditional Rental Income: $2911

Airbnb ROI: 0.38%

Traditional ROI: 1.31%

15895 Ethan Trail N

Hugo, MN

4 beds | 3 baths | 2,967 sq.ft.

$750,000

Airbnb cash on cash: 1.31%

Traditional cash on cash: 3.38%

Airbnb Rental Income: $2472

Traditional Rental Income: $3315

Airbnb ROI: 1.31%

Traditional ROI: 3.38%

4353 Victor Path #6

Hugo, MN

2 beds | 3 baths | 1,700 sq.ft.

$235,000

Airbnb cash on cash: 4.52%

Traditional cash on cash: 5.54%

Airbnb Rental Income: $2772

Traditional Rental Income: $2349

Airbnb ROI: 4.52%

Traditional ROI: 5.54%

15656 Emerald Drive N #1

Hugo, MN

3 beds | 2 baths | 1,483 sq.ft.

$267,500

Airbnb cash on cash: 1.31%

Traditional cash on cash: 4.35%

Airbnb Rental Income: $1836

Traditional Rental Income: $2109

Airbnb ROI: 1.31%

Traditional ROI: 4.35%

4605 Victor Path #6

Hugo, MN

2 beds | 3 baths | 1,820 sq.ft.

$249,000

Airbnb cash on cash: 4.24%

Traditional cash on cash: 4.24%

Airbnb Rental Income: $2772

Traditional Rental Income: $2123

Airbnb ROI: 4.24%

Traditional ROI: 4.24%

4353 Victor Path #4

Hugo, MN

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

$285,000

Airbnb cash on cash: 3.71%

Traditional cash on cash: 3.11%

Airbnb Rental Income: $2772

Traditional Rental Income: $1960

Airbnb ROI: 3.71%