Real Estate Investment Properties for Sale in Lanesboro, MN

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

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

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
300 Kirkwood St E Lanesboro, MN Charming 3 bedroom, 3 bath home on large lot overlooking Sylvan Park. Formal dining room,...	2 beds \| 2 baths \| 2,444 sq.ft.	$272,500	Airbnb cash on cash: 2.6% Traditional cash on cash: 6.59% Airbnb Rental Income: $1586 Traditional Rental Income: $2160 Airbnb ROI: 2.6% Traditional ROI: 6.59%
202 Ridgeview Ln S Lanesboro, MN Beautiful bluff-country views, flexible living space, and one of the best settings in Lane...	3 beds \| 3 baths \| 2,582 sq.ft.	$295,000	Airbnb cash on cash: 2.71% Traditional cash on cash: 8.16% Airbnb Rental Income: $2051 Traditional Rental Income: $3033 Airbnb ROI: 2.71% Traditional ROI: 8.16%
313 Maple Dr Lanesboro, MN Gorgeous walk-out ranch with spectacular views & no backyard neighbors. 4 large bedrooms, ...	4 beds \| 3 baths \| 2,658 sq.ft.	$399,900	Airbnb cash on cash: N/A Traditional cash on cash: 6.62% Airbnb Rental Income: $null Traditional Rental Income: $3221 Airbnb ROI: N/A Traditional ROI: 6.62%
708 Parkway Ave S Lanesboro, MN 708 Parkway Ave S, Lanesboro, MN 55949 \| Single Family Residential	8 beds \| 9 baths \| 6,150 sq.ft.	$685,000	Airbnb cash on cash: 2.24% Traditional cash on cash: 6.82% Airbnb Rental Income: $3671 Traditional Rental Income: $5801 Airbnb ROI: 2.24% Traditional ROI: 6.82%
206 Elmwood St E Lanesboro, MN 206 Elmwood St E, Lanesboro, MN 55949 \| Single Family Residential	3 beds \| 2 baths \| 1,224 sq.ft.	$239,000	Airbnb cash on cash: 4.21% Traditional cash on cash: 5.09% Airbnb Rental Income: $2051 Traditional Rental Income: $1720 Airbnb ROI: 4.21% Traditional ROI: 5.09%
36658 Dogwood Rd Lanesboro, MN Located in Lanesboro, Minnesota, this 17.6 acre property offers a great mix of open pastur...	4 beds \| N/A baths \| 2,802 sq.ft.	$369,900	Airbnb cash on cash: N/A Traditional cash on cash: 2.85% Airbnb Rental Income: $null Traditional Rental Income: $1813 Airbnb ROI: N/A Traditional ROI: 2.85%
34760 Fawn Dr Lanesboro, MN 34760 Fawn Dr, Lanesboro, MN 55949 \| Single Family Residential	3 beds \| 1 baths \| 2,700 sq.ft.	$340,000	Airbnb cash on cash: 2.36% Traditional cash on cash: 2.77% Airbnb Rental Income: $2051 Traditional Rental Income: $1653 Airbnb ROI: 2.36% Traditional ROI: 2.77%
105 Kenilworth Ave N Lanesboro, MN Step into timeless charm with this beautifully preserved 1900 two story home in the heart ...	4 beds \| 2 baths \| 1,821 sq.ft.	$249,900	Airbnb cash on cash: N/A Traditional cash on cash: 7.4% Airbnb Rental Income: $null Traditional Rental Income: $2360 Airbnb ROI: N/A Traditional ROI: 7.4%
27333 Deep River Rd Lanesboro, MN 27333 Deep River Rd, Lanesboro, MN 55949 \| Other	N/A beds \| N/A baths \| N/A	$7,500,000	Airbnb cash on cash: -1.92% Traditional cash on cash: -2% Airbnb Rental Income: $1921 Traditional Rental Income: $866 Airbnb ROI: -1.92% Traditional ROI: -2%
36649 Ember Dr Lanesboro, MN 36649 Ember Dr, Lanesboro, MN 55949 \| Single Family Residential	3 beds \| 2 baths \| 2,016 sq.ft.	$699,900	Airbnb cash on cash: 0.07% Traditional cash on cash: 1.4% Airbnb Rental Income: $2051 Traditional Rental Income: $2382 Airbnb ROI: 0.07% Traditional ROI: 1.4%
40698 Chestnut Rd Lanesboro, MN 40698 Chestnut Rd, Lanesboro, MN 55949 \| Single Family Residential	3 beds \| 3 baths \| 2,324 sq.ft.	$695,000	Airbnb cash on cash: 0.09% Traditional cash on cash: 1.98% Airbnb Rental Income: $2051 Traditional Rental Income: $2745 Airbnb ROI: 0.09% Traditional ROI: 1.98%
22966 Grosbeak Rd Lanesboro, MN 22966 Grosbeak Rd, Lanesboro, MN 55949 \| Single Family Residential	4 beds \| 1 baths \| 1,904 sq.ft.	$449,000	Airbnb cash on cash: N/A Traditional cash on cash: 2.1% Airbnb Rental Income: $null Traditional Rental Income: $1862 Airbnb ROI: N/A Traditional ROI: 2.1%
20860 Grosbeak Rd Lanesboro, MN 20860 Grosbeak Rd, Lanesboro, MN 55949 \| Other	N/A beds \| N/A baths \| N/A	$250,000	Airbnb cash on cash: 3.48% Traditional cash on cash: 1.26% Airbnb Rental Income: $1921 Traditional Rental Income: $888 Airbnb ROI: 3.48% Traditional ROI: 1.26%
205 Elmwood St E Lanesboro, MN This beautifully updated 3-bedroom, 2-bath home is turnkey, offering the perfect blend of ...	3 beds \| 2 baths \| 1,533 sq.ft.	$234,900	Airbnb cash on cash: 4.61% Traditional cash on cash: 7.59% Airbnb Rental Income: $2051 Traditional Rental Income: $2182 Airbnb ROI: 4.61% Traditional ROI: 7.59%
300 Elmwood St E Lanesboro, MN 300 Elmwood St E, Lanesboro, MN 55949 \| Single Family Residential	2 beds \| 1 baths \| 1,380 sq.ft.	$219,900	Airbnb cash on cash: 2.89% Traditional cash on cash: 4.42% Airbnb Rental Income: $1586 Traditional Rental Income: $1451 Airbnb ROI: 2.89% Traditional ROI: 4.42%
23724 341st Ave Lanesboro, MN 23724 341st Ave, Lanesboro, MN 55949 \| Single Family Residential	2 beds \| 1 baths \| 1,800 sq.ft.	$399,000	Airbnb cash on cash: 0.67% Traditional cash on cash: 1.84% Airbnb Rental Income: $1586 Traditional Rental Income: $1570 Airbnb ROI: 0.67% Traditional ROI: 1.84%
208 Ashburn St E Lanesboro, MN 208 Ashburn St E, Lanesboro, MN 55949 \| Single Family Residential	6 beds \| 3 baths \| 3,320 sq.ft.	$440,000	Airbnb cash on cash: 4.63% Traditional cash on cash: 5.28% Airbnb Rental Income: $3671 Traditional Rental Income: $3138 Airbnb ROI: 4.63% Traditional ROI: 5.28%
18123 Deer Rd Lanesboro, MN 18123 Deer Rd, Lanesboro, MN 55949 \| Single Family Residential	7 beds \| 4 baths \| 4,017 sq.ft.	$989,000	Airbnb cash on cash: 0.9% Traditional cash on cash: 1.88% Airbnb Rental Income: $3671 Traditional Rental Income: $3767 Airbnb ROI: 0.9% Traditional ROI: 1.88%
805 Auburn Ave S Lanesboro, MN 805 Auburn Ave S, Lanesboro, MN 55949 \| Single Family Residential	4 beds \| 2 baths \| 2,812 sq.ft.	$369,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.25% Airbnb Rental Income: $null Traditional Rental Income: $2640 Airbnb ROI: N/A Traditional ROI: 5.25%
704 Viking Ave S Lanesboro, MN 704 Viking Ave S, Lanesboro, MN 55949 \| Single Family Residential	3 beds \| 2 baths \| 1,144 sq.ft.	$215,000	Airbnb cash on cash: 4.9% Traditional cash on cash: 6.86% Airbnb Rental Income: $2051 Traditional Rental Income: $1920 Airbnb ROI: 4.9% Traditional ROI: 6.86%
704 Kenilworth Ave S Lanesboro, MN 704 Kenilworth Ave S, Lanesboro, MN 55949 \| Single Family Residential	3 beds \| 1 baths \| 1,187 sq.ft.	$209,900	Airbnb cash on cash: 5.07% Traditional cash on cash: 6.04% Airbnb Rental Income: $2051 Traditional Rental Income: $1714 Airbnb ROI: 5.07% Traditional ROI: 6.04%
28185 Cr-21 Lanesboro, MN 28185 Cr-21, Lanesboro, MN 55949 \| Other	N/A beds \| N/A baths \| N/A	$745,000	Airbnb cash on cash: -0.21% Traditional cash on cash: -0.22% Airbnb Rental Income: $1921 Traditional Rental Income: $1409 Airbnb ROI: -0.21% Traditional ROI: -0.22%
201 Ridgeview Ln S #205 Lanesboro, MN 201 Ridgeview Ln S #205, Lanesboro, MN 55949 \| Condo/Coop	1 beds \| 1 baths \| 1,113 sq.ft.	$225,000	Airbnb cash on cash: 6.19% Traditional cash on cash: 0.85% Airbnb Rental Income: $3098 Traditional Rental Income: $1257 Airbnb ROI: 6.19% Traditional ROI: 0.85%

Real Estate investment in Lanesboro, MN

There are 23 properties for sale in the city of Lanesboro . The median list price in Lanesboro is $199,880 and the average price per square foot is $88. In October 2026, the average monthly cash on cash return in Lanesboro is 4.00%. The average monthly rental income in Lanesboro is $1,920.

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

There are 23 investment properties available for sale in Lanesboro.

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

The ROI for Long-Term is higher than the Short-Term in Lanesboro with average rental income of $1,920.

Your search for investment property begins and ends here

Investment Property for Sale in Lanesboro, MN

300 Kirkwood St E

Lanesboro, MN

2 beds | 2 baths | 2,444 sq.ft.

$272,500

Airbnb cash on cash: 2.6%

Traditional cash on cash: 6.59%

Airbnb Rental Income: $1586

Traditional Rental Income: $2160

Airbnb ROI: 2.6%

Traditional ROI: 6.59%

202 Ridgeview Ln S

Lanesboro, MN

3 beds | 3 baths | 2,582 sq.ft.

$295,000

Airbnb cash on cash: 2.71%

Traditional cash on cash: 8.16%

Airbnb Rental Income: $2051

Traditional Rental Income: $3033

Airbnb ROI: 2.71%

Traditional ROI: 8.16%

313 Maple Dr

Lanesboro, MN

4 beds | 3 baths | 2,658 sq.ft.

$399,900

Airbnb cash on cash: N/A

Traditional cash on cash: 6.62%

Airbnb Rental Income: $null

Traditional Rental Income: $3221

Airbnb ROI: N/A

Traditional ROI: 6.62%

708 Parkway Ave S

Lanesboro, MN

8 beds | 9 baths | 6,150 sq.ft.

$685,000

Airbnb cash on cash: 2.24%

Traditional cash on cash: 6.82%

Airbnb Rental Income: $3671

Traditional Rental Income: $5801

Airbnb ROI: 2.24%

Traditional ROI: 6.82%

206 Elmwood St E

Lanesboro, MN

3 beds | 2 baths | 1,224 sq.ft.

$239,000

Airbnb cash on cash: 4.21%

Traditional cash on cash: 5.09%

Airbnb Rental Income: $2051

Traditional Rental Income: $1720

Airbnb ROI: 4.21%

Traditional ROI: 5.09%

36658 Dogwood Rd

Lanesboro, MN

4 beds | N/A baths | 2,802 sq.ft.

$369,900

Airbnb cash on cash: N/A

Traditional cash on cash: 2.85%

Airbnb Rental Income: $null

Traditional Rental Income: $1813

Airbnb ROI: N/A

Traditional ROI: 2.85%

34760 Fawn Dr

Lanesboro, MN

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

$340,000

Airbnb cash on cash: 2.36%

Traditional cash on cash: 2.77%

Airbnb Rental Income: $2051

Traditional Rental Income: $1653

Airbnb ROI: 2.36%

Traditional ROI: 2.77%

105 Kenilworth Ave N

Lanesboro, MN

4 beds | 2 baths | 1,821 sq.ft.

$249,900

Airbnb cash on cash: N/A

Traditional cash on cash: 7.4%

Airbnb Rental Income: $null

Traditional Rental Income: $2360

Airbnb ROI: N/A