Real Estate Investment Properties for Sale in Lakeland, MN

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

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

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
1943 Racine Ave S Lakeland, MN 3 bed, 2 bath, 2+ garage. Original owner of 65 years. Well maintained home on a corner lot...	3 beds \| 2 baths \| 2,200 sq.ft.	$400,000	Airbnb cash on cash: 1.64% Traditional cash on cash: 4.67% Airbnb Rental Income: $1734 Traditional Rental Income: $2393 Airbnb ROI: 1.64% Traditional ROI: 4.67%
1355 Quasar Ct S Lakeland, MN Hurry! Don't miss your opportunity to own in this highly sought-after, 55+ community. The ...	3 beds \| 2 baths \| 1,920 sq.ft.	$419,000	Airbnb cash on cash: 0.59% Traditional cash on cash: 3.3% Airbnb Rental Income: $1734 Traditional Rental Income: $2318 Airbnb ROI: 0.59% Traditional ROI: 3.3%
17 Baillon Ln Lakeland, MN Secluded 1.5 story home on .61 private acre. Heavily treed lot perfect for privacy and wa...	3 beds \| 3 baths \| 2,570 sq.ft.	$650,000	Airbnb cash on cash: 0.44% Traditional cash on cash: 2.75% Airbnb Rental Income: $1734 Traditional Rental Income: $2655 Airbnb ROI: 0.44% Traditional ROI: 2.75%
16488 25th St S Lakeland, MN 16488 25th St S, Lakeland, MN 55043 \| Other	N/A beds \| N/A baths \| N/A	$135,000	Airbnb cash on cash: N/A Traditional cash on cash: 2.04% Airbnb Rental Income: $null Traditional Rental Income: $630 Airbnb ROI: N/A Traditional ROI: 2.04%
1580 Ramada Ave S Lakeland, MN 1580 Ramada Ave S, Lakeland, MN 55043 \| Single Family Residential	3 beds \| 2 baths \| 1,479 sq.ft.	$359,900	Airbnb cash on cash: 1.33% Traditional cash on cash: 2.41% Airbnb Rental Income: $1734 Traditional Rental Income: $1619 Airbnb ROI: 1.33% Traditional ROI: 2.41%
16570 22nd St S Lakeland, MN 16570 22nd St S, Lakeland, MN 55043 \| Single Family Residential	4 beds \| 3 baths \| 2,430 sq.ft.	$409,900	Airbnb cash on cash: 4.53% Traditional cash on cash: 4.34% Airbnb Rental Income: $3399 Traditional Rental Income: $2570 Airbnb ROI: 4.53% Traditional ROI: 4.34%
2989 Itasca Ave S Lakeland, MN A once-in-a-generation opportunity awaits you. This property offers 120 feet of gradually ...	2 beds \| 2 baths \| 2,564 sq.ft.	$1,325,000	Airbnb cash on cash: -1% Traditional cash on cash: -0.37% Airbnb Rental Income: $1505 Traditional Rental Income: $1848 Airbnb ROI: -1% Traditional ROI: -0.37%
2710 Itasca Ave S Lakeland, MN 2710 Itasca Ave S, Lakeland, MN 55043 \| Single Family Residential	3 beds \| 2 baths \| 3,280 sq.ft.	$750,000	Airbnb cash on cash: -0.45% Traditional cash on cash: 0.2% Airbnb Rental Income: $1734 Traditional Rental Income: $1709 Airbnb ROI: -0.45% Traditional ROI: 0.2%
16830 21st St S Lakeland, MN 16830 21st St S, Lakeland, MN 55043 \| Single Family Residential	2 beds \| 2 baths \| 1,625 sq.ft.	$549,000	Airbnb cash on cash: -0.22% Traditional cash on cash: 1.7% Airbnb Rental Income: $1505 Traditional Rental Income: $2049 Airbnb ROI: -0.22% Traditional ROI: 1.7%
113 Quehl Ave S Lakeland, MN 113 Quehl Ave S, Lakeland, MN 55043 \| Single Family Residential	3 beds \| 1 baths \| 932 sq.ft.	$349,900	Airbnb cash on cash: 1.43% Traditional cash on cash: 1.59% Airbnb Rental Income: $1734 Traditional Rental Income: $1308 Airbnb ROI: 1.43% Traditional ROI: 1.59%
16690 Division St Lakeland, MN 16690 Division St, Lakeland, MN 55043 \| Single Family Residential	3 beds \| 2 baths \| 3,130 sq.ft.	$629,999	Airbnb cash on cash: -0.13% Traditional cash on cash: 1.61% Airbnb Rental Income: $1734 Traditional Rental Income: $2282 Airbnb ROI: -0.13% Traditional ROI: 1.61%
16838 Upper 19th St S Lakeland, MN 16838 Upper 19th St S, Lakeland, MN 55043 \| Single Family Residential	3 beds \| 1 baths \| 896 sq.ft.	$350,000	Airbnb cash on cash: 1.43% Traditional cash on cash: 1.47% Airbnb Rental Income: $1734 Traditional Rental Income: $1270 Airbnb ROI: 1.43% Traditional ROI: 1.47%
tbd Upper 22nd St S Lakeland, MN tbd Upper 22nd St S, Lakeland, MN 55043 \| Other	N/A beds \| N/A baths \| N/A	$150,000	Airbnb cash on cash: N/A Traditional cash on cash: 1.81% Airbnb Rental Income: $null Traditional Rental Income: $655 Airbnb ROI: N/A Traditional ROI: 1.81%
453 Quinnell Ave N Lakeland, MN 453 Quinnell Ave N, Lakeland, MN 55043 \| Single Family Residential	3 beds \| 1 baths \| 1,620 sq.ft.	$260,000	Airbnb cash on cash: 2.63% Traditional cash on cash: 3.32% Airbnb Rental Income: $1734 Traditional Rental Income: $1425 Airbnb ROI: 2.63% Traditional ROI: 3.32%
16042 6th St N Lakeland, MN 16042 6th St N, Lakeland, MN 55043 \| Single Family Residential	3 beds \| 2 baths \| 2,149 sq.ft.	$499,900	Airbnb cash on cash: 0.38% Traditional cash on cash: 2.33% Airbnb Rental Income: $1734 Traditional Rental Income: $2168 Airbnb ROI: 0.38% Traditional ROI: 2.33%
983 Quentin Ave S Lakeland, MN 983 Quentin Ave S, Lakeland, MN 55043 \| Single Family Residential	3 beds \| 3 baths \| 3,816 sq.ft.	$2,350,000	Airbnb cash on cash: -1.58% Traditional cash on cash: -1.15% Airbnb Rental Income: $1734 Traditional Rental Income: $2194 Airbnb ROI: -1.58% Traditional ROI: -1.15%
945 Quentin Ave S Lakeland, MN 945 Quentin Ave S, Lakeland, MN 55043 \| Single Family Residential	5 beds \| 3 baths \| 4,600 sq.ft.	$3,250,000	Airbnb cash on cash: -1.23% Traditional cash on cash: -1.21% Airbnb Rental Income: $3540 Traditional Rental Income: $2819 Airbnb ROI: -1.23% Traditional ROI: -1.21%
181 Quant Ave N Lakeland, MN 181 Quant Ave N, Lakeland, MN 55043 \| Single Family Residential	3 beds \| 1 baths \| 1,581 sq.ft.	$384,900	Airbnb cash on cash: 1.11% Traditional cash on cash: 1.67% Airbnb Rental Income: $1734 Traditional Rental Income: $1459 Airbnb ROI: 1.11% Traditional ROI: 1.67%
2900 Itasca Ave S Lakeland, MN 2900 Itasca Ave S, Lakeland, MN 55043 \| Single Family Residential	4 beds \| 2 baths \| 2,373 sq.ft.	$599,900	Airbnb cash on cash: 2.44% Traditional cash on cash: 1.69% Airbnb Rental Income: $3399 Traditional Rental Income: $2223 Airbnb ROI: 2.44% Traditional ROI: 1.69%
16011 3rd Street N Lakeland, MN Rare find in Lakeland, just minutes from I-94. This spacious five-bedroom, multi-level hom...	5 beds \| 3 baths \| 2,433 sq.ft.	$435,000	Airbnb cash on cash: 4.71% Traditional cash on cash: 3.56% Airbnb Rental Income: $3540 Traditional Rental Income: $2295 Airbnb ROI: 4.71% Traditional ROI: 3.56%
16810 Upper 15th Street S Lakeland, MN River Access - Large buildable lot or remodel. Your dream llifestyle is just around the co...	3 beds \| 1 baths \| 1,467 sq.ft.	$499,000	Airbnb cash on cash: 0.54% Traditional cash on cash: 1.96% Airbnb Rental Income: $1734 Traditional Rental Income: $1919 Airbnb ROI: 0.54% Traditional ROI: 1.96%

Real Estate investment in Lakeland, MN

There are 21 properties for sale in the city of Lakeland . The median list price in Lakeland is $367,280 and the average price per square foot is $190. In September 2026, the average monthly cash on cash return in Lakeland is 2.00%. The average monthly rental income in Lakeland is $1,984.

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

There are 21 investment properties available for sale in Lakeland.

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

The ROI for Long-Term is higher than the Short-Term in Lakeland with average rental income of $1,984.

Your search for investment property begins and ends here

Investment Property for Sale in Lakeland, MN

1943 Racine Ave S

Lakeland, MN

3 beds | 2 baths | 2,200 sq.ft.

$400,000

Airbnb cash on cash: 1.64%

Traditional cash on cash: 4.67%

Airbnb Rental Income: $1734

Traditional Rental Income: $2393

Airbnb ROI: 1.64%

Traditional ROI: 4.67%

1355 Quasar Ct S

Lakeland, MN

3 beds | 2 baths | 1,920 sq.ft.

$419,000

Airbnb cash on cash: 0.59%

Traditional cash on cash: 3.3%

Airbnb Rental Income: $1734

Traditional Rental Income: $2318

Airbnb ROI: 0.59%

Traditional ROI: 3.3%

17 Baillon Ln

Lakeland, MN

3 beds | 3 baths | 2,570 sq.ft.

$650,000

Airbnb cash on cash: 0.44%

Traditional cash on cash: 2.75%

Airbnb Rental Income: $1734

Traditional Rental Income: $2655

Airbnb ROI: 0.44%

Traditional ROI: 2.75%

16488 25th St S

Lakeland, MN

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

$135,000

Airbnb cash on cash: N/A

Traditional cash on cash: 2.04%

Airbnb Rental Income: $null

Traditional Rental Income: $630

Airbnb ROI: N/A

Traditional ROI: 2.04%

1580 Ramada Ave S

Lakeland, MN

3 beds | 2 baths | 1,479 sq.ft.

$359,900

Airbnb cash on cash: 1.33%

Traditional cash on cash: 2.41%

Airbnb Rental Income: $1734

Traditional Rental Income: $1619

Airbnb ROI: 1.33%

Traditional ROI: 2.41%

16570 22nd St S

Lakeland, MN

4 beds | 3 baths | 2,430 sq.ft.

$409,900

Airbnb cash on cash: 4.53%

Traditional cash on cash: 4.34%

Airbnb Rental Income: $3399

Traditional Rental Income: $2570

Airbnb ROI: 4.53%

Traditional ROI: 4.34%

2989 Itasca Ave S

Lakeland, MN

2 beds | 2 baths | 2,564 sq.ft.

$1,325,000

Airbnb cash on cash: -1%

Traditional cash on cash: -0.37%

Airbnb Rental Income: $1505

Traditional Rental Income: $1848

Airbnb ROI: -1%

Traditional ROI: -0.37%

2710 Itasca Ave S

Lakeland, MN

3 beds | 2 baths | 3,280 sq.ft.

$750,000

Airbnb cash on cash: -0.45%

Traditional cash on cash: 0.2%

Airbnb Rental Income: $1734

Traditional Rental Income: $1709

Airbnb ROI: -0.45%