Real Estate Investment Properties for Sale in Luverne, MN

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

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

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
323 W Lincoln St Luverne, MN Recent upgrades have this house ready for you! NEW carpet upstairs with taping, texturing...	4 beds \| 1 baths \| 1,832 sq.ft.	$165,000	Airbnb cash on cash: N/A Traditional cash on cash: 10.98% Airbnb Rental Income: $null Traditional Rental Income: $2069 Airbnb ROI: N/A Traditional ROI: 10.98%
1013 N Blue Mound Ave Luverne, MN This home has it all: Main floor living (laundry and master suite on the main level), fo...	5 beds \| 4 baths \| 2,688 sq.ft.	$312,400	Airbnb cash on cash: N/A Traditional cash on cash: 11.76% Airbnb Rental Income: $null Traditional Rental Income: $4143 Airbnb ROI: N/A Traditional ROI: 11.76%
812 N Spring St Luverne, MN Check out this freshly updated 2 bedroom, 2 bath home with an oversized 2-stall detached g...	2 beds \| 2 baths \| 1,655 sq.ft.	$229,900	Airbnb cash on cash: 1.34% Traditional cash on cash: 8.43% Airbnb Rental Income: $1178 Traditional Rental Income: $2336 Airbnb ROI: 1.34% Traditional ROI: 8.43%
109 E Luverne St #220 Luverne, MN Why rent when you can own this beautifully updated and affordable condo in a historic buil...	1 beds \| 1 baths \| 785 sq.ft.	$65,900	Airbnb cash on cash: -0.49% Traditional cash on cash: 11.88% Airbnb Rental Income: $797 Traditional Rental Income: $1287 Airbnb ROI: -0.49% Traditional ROI: 11.88%
613 N Cedar St Luverne, MN Unlock the potential of this charming 2-bedroom, 1-bath bungalowâperfect as your first h...	2 beds \| 1 baths \| 714 sq.ft.	$99,900	Airbnb cash on cash: 5.62% Traditional cash on cash: 9.57% Airbnb Rental Income: $1178 Traditional Rental Income: $1176 Airbnb ROI: 5.62% Traditional ROI: 9.57%
511 W Crawford St Luverne, MN Donât miss this rare opportunity to own a well-loved, one-owner home that has been in th...	3 beds \| 3 baths \| 1,921 sq.ft.	$250,000	Airbnb cash on cash: N/A Traditional cash on cash: 10.57% Airbnb Rental Income: $null Traditional Rental Income: $3042 Airbnb ROI: N/A Traditional ROI: 10.57%
1496 121st St Luverne, MN This private oasis is located just minutes from town, and is sitting on a 5 Acre plot that...	3 beds \| 2 baths \| 3,925 sq.ft.	$376,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.35% Airbnb Rental Income: $null Traditional Rental Income: $2488 Airbnb ROI: N/A Traditional ROI: 5.35%
515 151st St Luverne, MN Acreage Alert! Welcome to this spacious ranch style home nestled on approximately 5.4 acre...	4 beds \| 3 baths \| 3,072 sq.ft.	$649,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.2% Airbnb Rental Income: $null Traditional Rental Income: $3284 Airbnb ROI: N/A Traditional ROI: 3.2%
1101 N Spring St Luverne, MN Step into this impeccably maintained 4-bedroom, 2-bath ranch style home offering both comf...	4 beds \| 2 baths \| 2,320 sq.ft.	$299,900	Airbnb cash on cash: N/A Traditional cash on cash: 7.85% Airbnb Rental Income: $null Traditional Rental Income: $2845 Airbnb ROI: N/A Traditional ROI: 7.85%
719 Tallgrass Cir Luverne, MN Brand new and brimming with quality and style! Built by H&H Construction Services LLC, thi...	3 beds \| 2 baths \| 1,582 sq.ft.	$399,900	Airbnb cash on cash: N/A Traditional cash on cash: 4.41% Airbnb Rental Income: $null Traditional Rental Income: $2539 Airbnb ROI: N/A Traditional ROI: 4.41%
200 S Freeman Ave #206 Luverne, MN Welcome home to this tastefully updated 1-bedroom, 1-bath condo in a warm and welcoming 55...	1 beds \| 1 baths \| 550 sq.ft.	$72,000	Airbnb cash on cash: -0.37% Traditional cash on cash: 11.17% Airbnb Rental Income: $797 Traditional Rental Income: $1298 Airbnb ROI: -0.37% Traditional ROI: 11.17%
1115 N Elmhurst St Luverne, MN Youâve heard âwell-maintainedâ before, but this 3-bedroom, 2-bath home takes it to t...	3 beds \| 2 baths \| 1,720 sq.ft.	$249,900	Airbnb cash on cash: N/A Traditional cash on cash: 8.8% Airbnb Rental Income: $null Traditional Rental Income: $2599 Airbnb ROI: N/A Traditional ROI: 8.8%
1602 Buffalo Ridge Dr Luverne, MN Step into this stunning ranch-style home, where an open floor plan meets a walk-out lower ...	4 beds \| 3 baths \| 4,808 sq.ft.	$850,000	Airbnb cash on cash: N/A Traditional cash on cash: 2.17% Airbnb Rental Income: $null Traditional Rental Income: $3370 Airbnb ROI: N/A Traditional ROI: 2.17%
1002 N Linden St Luverne, MN Don't let this ranch-style home pass you by! Located on the North end of town, close to t...	4 beds \| 2 baths \| 1,968 sq.ft.	$279,900	Airbnb cash on cash: N/A Traditional cash on cash: 8.49% Airbnb Rental Income: $null Traditional Rental Income: $2823 Airbnb ROI: N/A Traditional ROI: 8.49%
604 Britz Dr Luverne, MN Welcome to the Retreat by Glammeier Homes! This brand-new slab-on-grade residence offers 2...	2 beds \| 2 baths \| 1,494 sq.ft.	$428,500	Airbnb cash on cash: -0.37% Traditional cash on cash: 3.89% Airbnb Rental Income: $1178 Traditional Rental Income: $2503 Airbnb ROI: -0.37% Traditional ROI: 3.89%
606 Britz Dr Luverne, MN Introducing the Heritage by GlamMeier Homes! This stunning new construction slab-on-grade ...	3 beds \| 2 baths \| 1,648 sq.ft.	$464,500	Airbnb cash on cash: N/A Traditional cash on cash: 3.82% Airbnb Rental Income: $null Traditional Rental Income: $2672 Airbnb ROI: N/A Traditional ROI: 3.82%
305 E Veterans Dr Luverne, MN This spacious 4-bedroom ranch-style home spans approximately 1,400 square feet and offers ...	4 beds \| 3 baths \| 2,478 sq.ft.	$379,900	Airbnb cash on cash: N/A Traditional cash on cash: 6.92% Airbnb Rental Income: $null Traditional Rental Income: $3217 Airbnb ROI: N/A Traditional ROI: 6.92%
106 E Christensen Dr Luverne, MN Welcome home! This practical ranch-style home offers convenient one-level living with 4 be...	4 beds \| 2 baths \| 2,080 sq.ft.	$359,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.53% Airbnb Rental Income: $null Traditional Rental Income: $2667 Airbnb ROI: N/A Traditional ROI: 5.53%
1123 N Elmhurst Ave Luverne, MN Welcome to this charming home featuring three spacious bedrooms, all conveniently located ...	3 beds \| 2 baths \| 1,092 sq.ft.	$245,000	Airbnb cash on cash: N/A Traditional cash on cash: 6.72% Airbnb Rental Income: $null Traditional Rental Income: $2109 Airbnb ROI: N/A Traditional ROI: 6.72%

Real Estate investment in Luverne, MN

There are 19 properties for sale in the city of Luverne . The median list price in Luverne is $249,950 and the average price per square foot is $135. In October 2025, the average monthly cash on cash return in Luverne is 9.00%. The average monthly rental income in Luverne is $2,496.

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

There are 19 investment properties available for sale in Luverne.

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

The ROI for Short-Term is higher than the Long-Term in Luverne with average rental income of $1,178.

Your search for investment property begins and ends here

Investment Property for Sale in Luverne, MN

323 W Lincoln St

Luverne, MN

4 beds | 1 baths | 1,832 sq.ft.

$165,000

Airbnb cash on cash: N/A

Traditional cash on cash: 10.98%

Airbnb Rental Income: $null

Traditional Rental Income: $2069

Airbnb ROI: N/A

Traditional ROI: 10.98%

1013 N Blue Mound Ave

Luverne, MN

5 beds | 4 baths | 2,688 sq.ft.

$312,400

Airbnb cash on cash: N/A

Traditional cash on cash: 11.76%

Airbnb Rental Income: $null

Traditional Rental Income: $4143

Airbnb ROI: N/A

Traditional ROI: 11.76%

812 N Spring St

Luverne, MN

2 beds | 2 baths | 1,655 sq.ft.

$229,900

Airbnb cash on cash: 1.34%

Traditional cash on cash: 8.43%

Airbnb Rental Income: $1178

Traditional Rental Income: $2336

Airbnb ROI: 1.34%

Traditional ROI: 8.43%

109 E Luverne St #220

Luverne, MN

1 beds | 1 baths | 785 sq.ft.

$65,900

Airbnb cash on cash: -0.49%

Traditional cash on cash: 11.88%

Airbnb Rental Income: $797

Traditional Rental Income: $1287

Airbnb ROI: -0.49%

Traditional ROI: 11.88%

613 N Cedar St

Luverne, MN

2 beds | 1 baths | 714 sq.ft.

$99,900

Airbnb cash on cash: 5.62%

Traditional cash on cash: 9.57%

Airbnb Rental Income: $1178

Traditional Rental Income: $1176

Airbnb ROI: 5.62%

Traditional ROI: 9.57%

511 W Crawford St

Luverne, MN

3 beds | 3 baths | 1,921 sq.ft.

$250,000

Airbnb cash on cash: N/A

Traditional cash on cash: 10.57%

Airbnb Rental Income: $null

Traditional Rental Income: $3042

Airbnb ROI: N/A

Traditional ROI: 10.57%

1496 121st St

Luverne, MN

3 beds | 2 baths | 3,925 sq.ft.

$376,000

Airbnb cash on cash: N/A

Traditional cash on cash: 5.35%

Airbnb Rental Income: $null

Traditional Rental Income: $2488

Airbnb ROI: N/A

Traditional ROI: 5.35%

515 151st St

Luverne, MN

4 beds | 3 baths | 3,072 sq.ft.

$649,000

Airbnb cash on cash: N/A

Traditional cash on cash: 3.2%

Airbnb Rental Income: $null

Traditional Rental Income: $3284

Airbnb ROI: N/A