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
7676 Lotus Ln Hugo, MN 7676 Lotus Ln, Hugo, MN 55014 \| Single Family Residential	4 beds \| 2 baths \| 2,351 sq.ft.	$471,950	Airbnb cash on cash: 1.88% Traditional cash on cash: 3.24% Airbnb Rental Income: $2526 Traditional Rental Income: $2520 Airbnb ROI: 1.88% Traditional ROI: 3.24%
7633 Lotus Ln Hugo, MN 7633 Lotus Ln, Hugo, MN 55014 \| Single Family Residential	5 beds \| 3 baths \| 3,255 sq.ft.	$613,525	Airbnb cash on cash: 0.48% Traditional cash on cash: 2.79% Airbnb Rental Income: $2195 Traditional Rental Income: $2965 Airbnb ROI: 0.48% Traditional ROI: 2.79%
16451 Forest Blvd N Hugo, MN	N/A beds \| N/A baths \| N/A	$183,899	Airbnb cash on cash: N/A Traditional cash on cash: 0.43% Airbnb Rental Income: $null Traditional Rental Income: $537 Airbnb ROI: N/A Traditional ROI: 0.43%
5420 134th Street N Hugo, MN Beautifully maintained 4-bedroom, 2-bath home in an excellent Hugo location close to shopp...	4 beds \| 2 baths \| 1,882 sq.ft.	$400,000	Airbnb cash on cash: 2.61% Traditional cash on cash: 4.32% Airbnb Rental Income: $2526 Traditional Rental Income: $2556 Airbnb ROI: 2.61% Traditional ROI: 4.32%
4360 Empress Dr N #5 Hugo, MN Sought after end unit townhouse w/tasteful decor. Open concept floor plan that is perfect ...	3 beds \| 2 baths \| 1,716 sq.ft.	$279,900	Airbnb cash on cash: 2.99% Traditional cash on cash: 4.26% Airbnb Rental Income: $2334 Traditional Rental Income: $2090 Airbnb ROI: 2.99% Traditional ROI: 4.26%
14320 Grantaire Lane N Hugo, MN Top 10 Reasons to Make this Amazing Home Yours: 1. Elite Curb Appeal: A sophisticated ex...	4 beds \| 3 baths \| 3,298 sq.ft.	$955,000	Airbnb cash on cash: 0.22% Traditional cash on cash: 1.37% Airbnb Rental Income: $2526 Traditional Rental Income: $2934 Airbnb ROI: 0.22% Traditional ROI: 1.37%
5651 138th Street N Hugo, MN Relocation opens the door for you! This updated end-unit townhome offers a rare combinatio...	3 beds \| 3 baths \| 1,488 sq.ft.	$274,900	Airbnb cash on cash: 2.72% Traditional cash on cash: 4.77% Airbnb Rental Income: $2334 Traditional Rental Income: $2288 Airbnb ROI: 2.72% Traditional ROI: 4.77%
2111 Willow Cir Hugo, MN WOW, you won't believe how amazing this place is! Compare to brand new construction as the...	2 beds \| 1 baths \| 1,453 sq.ft.	$299,900	Airbnb cash on cash: 1.05% Traditional cash on cash: 3.43% Airbnb Rental Income: $1710 Traditional Rental Income: $1908 Airbnb ROI: 1.05% Traditional ROI: 3.43%
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.	$254,900	Airbnb cash on cash: 0.57% Traditional cash on cash: 3.58% Airbnb Rental Income: $1710 Traditional Rental Income: $1960 Airbnb ROI: 0.57% Traditional ROI: 3.58%
2107 Balsam Way Hugo, MN Relocation is the only way this is Property could be Listed! This Beautiful 2 story home i...	4 beds \| 2 baths \| 2,450 sq.ft.	$560,000	Airbnb cash on cash: 2.19% Traditional cash on cash: 3.91% Airbnb Rental Income: $2526 Traditional Rental Income: $2817 Airbnb ROI: 2.19% Traditional ROI: 3.91%
4821 Elm Drive N #3 Hugo, MN Welcome to easy, low-maintenance living in the heart of Hugo! Enjoy summer with the commu...	2 beds \| 2 baths \| 923 sq.ft.	$207,900	Airbnb cash on cash: 1.84% Traditional cash on cash: 4.1% Airbnb Rental Income: $1710 Traditional Rental Income: $1682 Airbnb ROI: 1.84% Traditional ROI: 4.1%
4735 Victor Path #4 Hugo, MN Great multi-level townhome waiting for the next generation to love it! Walk up to a bright...	2 beds \| 2 baths \| 1,712 sq.ft.	$230,000	Airbnb cash on cash: 0.66% Traditional cash on cash: 4.82% Airbnb Rental Income: $1710 Traditional Rental Income: $2141 Airbnb ROI: 0.66% Traditional ROI: 4.82%
15xxx Everton Ave N Hugo, MN TO-BE-BUILT Beautiful slab home offers 3BR, 2BA, in floor heat, granite tops, gas fire...	N/A beds \| N/A baths \| 1,582 sq.ft.	$425,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.26% Airbnb Rental Income: $null Traditional Rental Income: $2231 Airbnb ROI: N/A Traditional ROI: 3.26%
4520 Cosette Lane N Hugo, MN Build your custom dream home in the sought-after Victor Gardens community in Hugo. This im...	4 beds \| 3 baths \| 2,590 sq.ft.	$797,947	Airbnb cash on cash: 1.11% Traditional cash on cash: 3.28% Airbnb Rental Income: $2526 Traditional Rental Income: $3528 Airbnb ROI: 1.11% Traditional ROI: 3.28%
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: 0.97% Traditional cash on cash: 4.34% Airbnb Rental Income: $1710 Traditional Rental Income: $1922 Airbnb ROI: 0.97% Traditional ROI: 4.34%
13037 Europa Trail Way N #A Hugo, MN Everythingâs been done: new furnace and AC (2025), water heater (2026), water softener (...	2 beds \| 2 baths \| 1,596 sq.ft.	$285,000	Airbnb cash on cash: 0.8% Traditional cash on cash: 4.25% Airbnb Rental Income: $1710 Traditional Rental Income: $2162 Airbnb ROI: 0.8% Traditional ROI: 4.25%
4845 Empress Ave N Hugo, MN Welcome to this charming and well-maintained 3-level split home in beautiful Hugo! As you ...	4 beds \| 3 baths \| 1,988 sq.ft.	$439,900	Airbnb cash on cash: 2.3% Traditional cash on cash: 4.81% Airbnb Rental Income: $2526 Traditional Rental Income: $2951 Airbnb ROI: 2.3% Traditional ROI: 4.81%
5696 170th Street N Hugo, MN Nestled within a serene 53 acre oasis, this property features a blend of hardwoods, pastur...	3 beds \| 3 baths \| 3,915 sq.ft.	$1,650,000	Airbnb cash on cash: -0.64% Traditional cash on cash: -0.49% Airbnb Rental Income: $2334 Traditional Rental Income: $1985 Airbnb ROI: -0.64% Traditional ROI: -0.49%
15680 Goodview Ave N Hugo, MN 15680 Goodview Ave N, Hugo, MN 55038 \| Single Family Residential	2 beds \| 2 baths \| 1,930 sq.ft.	$599,990	Airbnb cash on cash: -0.46% Traditional cash on cash: 0.47% Airbnb Rental Income: $1710 Traditional Rental Income: $1755 Airbnb ROI: -0.46% Traditional ROI: 0.47%
6151 20th Ave Hugo, MN 6151 20th Ave, Hugo, MN 55038 \| Other	N/A beds \| N/A baths \| 0 sq.ft.	$398,000	Airbnb cash on cash: N/A Traditional cash on cash: -0.92% Airbnb Rental Income: $null Traditional Rental Income: $537 Airbnb ROI: N/A Traditional ROI: -0.92%
7766 20th Ave Hugo, MN 7766 20th Ave, Hugo, MN 55038 \| Single Family Residential	2 beds \| 1 baths \| 864 sq.ft.	$3,150,000	Airbnb cash on cash: -1.72% Traditional cash on cash: -1.81% Airbnb Rental Income: $1710 Traditional Rental Income: $994 Airbnb ROI: -1.72% Traditional ROI: -1.81%
15645 Granada Ave N Hugo, MN 15645 Granada Ave N, Hugo, MN 55038 \| Single Family Residential	4 beds \| 3 baths \| 3,578 sq.ft.	$849,990	Airbnb cash on cash: 0.12% Traditional cash on cash: 1.07% Airbnb Rental Income: $2526 Traditional Rental Income: $2668 Airbnb ROI: 0.12% Traditional ROI: 1.07%
4905 Evergreen Dr N Hugo, MN 4905 Evergreen Dr N, Hugo, MN 55038 \| Townhouse	3 beds \| 2 baths \| 1,534 sq.ft.	$434,900	Airbnb cash on cash: 1.47% Traditional cash on cash: 1.54% Airbnb Rental Income: $2334 Traditional Rental Income: $1784 Airbnb ROI: 1.47% Traditional ROI: 1.54%
5830 Freeland Bay N Hugo, MN 5830 Freeland Bay N, Hugo, MN 55038 \| Single Family Residential	5 beds \| 3 baths \| 4,026 sq.ft.	$952,895	Airbnb cash on cash: -0.45% Traditional cash on cash: 2.78% Airbnb Rental Income: $2195 Traditional Rental Income: $4508 Airbnb ROI: -0.45% Traditional ROI: 2.78%
5820 Freeland Bay N Hugo, MN 5820 Freeland Bay N, Hugo, MN 55038 \| Single Family Residential	5 beds \| 3 baths \| 3,748 sq.ft.	$849,900	Airbnb cash on cash: -0.25% Traditional cash on cash: 1.78% Airbnb Rental Income: $2195 Traditional Rental Income: $3247 Airbnb ROI: -0.25% Traditional ROI: 1.78%
xxxx 165th St N Hugo, MN xxxx 165th St N, Hugo, MN 55038 \| Other	N/A beds \| N/A baths \| 0 sq.ft.	$320,000	Airbnb cash on cash: N/A Traditional cash on cash: 0.22% Airbnb Rental Income: $null Traditional Rental Income: $795 Airbnb ROI: N/A Traditional ROI: 0.22%
4907 Evergreen Dr N Hugo, MN 4907 Evergreen Dr N, Hugo, MN 55038 \| Townhouse	3 beds \| 2 baths \| 1,700 sq.ft.	$499,900	Airbnb cash on cash: 1.01% Traditional cash on cash: 1.28% Airbnb Rental Income: $2334 Traditional Rental Income: $1883 Airbnb ROI: 1.01% Traditional ROI: 1.28%
5910 Freeland Alcove N Hugo, MN 5910 Freeland Alcove N, Hugo, MN 55038 \| Single Family Residential	5 beds \| 4 baths \| 4,345 sq.ft.	$895,000	Airbnb cash on cash: -0.35% Traditional cash on cash: 3.1% Airbnb Rental Income: $2195 Traditional Rental Income: $4508 Airbnb ROI: -0.35% Traditional ROI: 3.1%
5840 Freeland Bay N Hugo, MN 5840 Freeland Bay N, Hugo, MN 55038 \| Single Family Residential	4 beds \| 4 baths \| 4,019 sq.ft.	$919,000	Airbnb cash on cash: -0.07% Traditional cash on cash: 2.79% Airbnb Rental Income: $2526 Traditional Rental Income: $4362 Airbnb ROI: -0.07% Traditional ROI: 2.79%
4636 Fable Rd N Hugo, MN 4636 Fable Rd N, Hugo, MN 55038 \| Other	3 beds \| 2 baths \| 2,948 sq.ft.	$1,025,000	Airbnb cash on cash: -0.43% Traditional cash on cash: 0.51% Airbnb Rental Income: $2334 Traditional Rental Income: $2651 Airbnb ROI: -0.43% Traditional ROI: 0.51%
16181 Empress Ave N Hugo, MN 16181 Empress Ave N, Hugo, MN 55038 \| Other	N/A beds \| N/A baths \| 0 sq.ft.	$149,900	Airbnb cash on cash: N/A Traditional cash on cash: 2.25% Airbnb Rental Income: $null Traditional Rental Income: $795 Airbnb ROI: N/A Traditional ROI: 2.25%
Sinclair Plan Hugo, MN	4 beds \| 3 baths \| 2,487 sq.ft.	$577,990	Airbnb cash on cash: 1.27% Traditional cash on cash: 2.16% Airbnb Rental Income: $2526 Traditional Rental Income: $2398 Airbnb ROI: 1.27% Traditional ROI: 2.16%
Donovan Plan Hugo, MN	3 beds \| 3 baths \| 1,719 sq.ft.	$488,990	Airbnb cash on cash: 1.53% Traditional cash on cash: 2.09% Airbnb Rental Income: $2334 Traditional Rental Income: $2016 Airbnb ROI: 1.53% Traditional ROI: 2.09%
Itasca Plan Hugo, MN	5 beds \| 3 baths \| 3,078 sq.ft.	$637,990	Airbnb cash on cash: 0.49% Traditional cash on cash: 2.12% Airbnb Rental Income: $2195 Traditional Rental Income: $2614 Airbnb ROI: 0.49% Traditional ROI: 2.12%
Vanderbilt Plan Hugo, MN	4 beds \| 3 baths \| 2,271 sq.ft.	$528,990	Airbnb cash on cash: 1.58% Traditional cash on cash: 2.41% Airbnb Rental Income: $2526 Traditional Rental Income: $2327 Airbnb ROI: 1.58% Traditional ROI: 2.41%
7333 Peltier Cir Hugo, MN 7333 Peltier Cir, Hugo, MN 55038 \| Other	N/A beds \| N/A baths \| N/A	$399,900	Airbnb cash on cash: N/A Traditional cash on cash: -0.93% Airbnb Rental Income: $null Traditional Rental Income: $537 Airbnb ROI: N/A Traditional ROI: -0.93%
13472 W Freeway Dr Hugo, MN 13472 W Freeway Dr, Hugo, MN 55038 \| Other	N/A beds \| N/A baths \| N/A	$1,299,900	Airbnb cash on cash: N/A Traditional cash on cash: -1.75% Airbnb Rental Income: $null Traditional Rental Income: $537 Airbnb ROI: N/A Traditional ROI: -1.75%
Andover Plan Hugo, MN Andover Plan, Hugo, MN 55038 \| Single Family Residential	3 beds \| 2 baths \| 2,000 sq.ft.	$411,990	Airbnb cash on cash: 2.2% Traditional cash on cash: 2.82% Airbnb Rental Income: $2334 Traditional Rental Income: $1998 Airbnb ROI: 2.2% Traditional ROI: 2.82%
Woodbridge - Heritage Collection Plan Hugo, MN	4 beds \| 2 baths \| 2,477 sq.ft.	$629,900	Airbnb cash on cash: 0.99% Traditional cash on cash: 1.3% Airbnb Rental Income: $2526 Traditional Rental Income: $2099 Airbnb ROI: 0.99% Traditional ROI: 1.3%
Weston - Tradition Collection Plan Hugo, MN	4 beds \| 3 baths \| 3,491 sq.ft.	$719,900	Airbnb cash on cash: 0.6% Traditional cash on cash: 1.34% Airbnb Rental Income: $2526 Traditional Rental Income: $2413 Airbnb ROI: 0.6% Traditional ROI: 1.34%

Real Estate investment in Hugo, MN

There are 140 properties for sale in the city of Hugo . The median list price in Hugo is $419,783 and the average price per square foot is $182. In June 2026, the average monthly cash on cash return in Hugo is 2.00%. The average monthly rental income in Hugo is $2,330.

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

There are 140 investment properties available for sale in Hugo.

In 2026, 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 $2,330.

Your search for investment property begins and ends here

Investment Property for Sale in Hugo, MN

7676 Lotus Ln

Hugo, MN

4 beds | 2 baths | 2,351 sq.ft.

$471,950

Airbnb cash on cash: 1.88%

Traditional cash on cash: 3.24%

Airbnb Rental Income: $2526

Traditional Rental Income: $2520

Airbnb ROI: 1.88%

Traditional ROI: 3.24%

7633 Lotus Ln

Hugo, MN

5 beds | 3 baths | 3,255 sq.ft.

$613,525

Airbnb cash on cash: 0.48%

Traditional cash on cash: 2.79%

Airbnb Rental Income: $2195

Traditional Rental Income: $2965

Airbnb ROI: 0.48%

Traditional ROI: 2.79%

16451 Forest Blvd N

Hugo, MN

N/A beds | N/A baths | N/A

$183,899

Airbnb cash on cash: N/A

Traditional cash on cash: 0.43%

Airbnb Rental Income: $null

Traditional Rental Income: $537

Airbnb ROI: N/A

Traditional ROI: 0.43%

5420 134th Street N

Hugo, MN

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

$400,000

Airbnb cash on cash: 2.61%

Traditional cash on cash: 4.32%

Airbnb Rental Income: $2526

Traditional Rental Income: $2556

Airbnb ROI: 2.61%

Traditional ROI: 4.32%

4360 Empress Dr N #5

Hugo, MN

3 beds | 2 baths | 1,716 sq.ft.

$279,900

Airbnb cash on cash: 2.99%

Traditional cash on cash: 4.26%

Airbnb Rental Income: $2334

Traditional Rental Income: $2090

Airbnb ROI: 2.99%

Traditional ROI: 4.26%

14320 Grantaire Lane N

Hugo, MN

4 beds | 3 baths | 3,298 sq.ft.

$955,000

Airbnb cash on cash: 0.22%

Traditional cash on cash: 1.37%

Airbnb Rental Income: $2526

Traditional Rental Income: $2934

Airbnb ROI: 0.22%

Traditional ROI: 1.37%

5651 138th Street N

Hugo, MN

3 beds | 3 baths | 1,488 sq.ft.

$274,900

Airbnb cash on cash: 2.72%

Traditional cash on cash: 4.77%

Airbnb Rental Income: $2334

Traditional Rental Income: $2288

Airbnb ROI: 2.72%

Traditional ROI: 4.77%

2111 Willow Cir

Hugo, MN

2 beds | 1 baths | 1,453 sq.ft.

$299,900

Airbnb cash on cash: 1.05%

Traditional cash on cash: 3.43%

Airbnb Rental Income: $1710

Traditional Rental Income: $1908

Airbnb ROI: 1.05%