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
420 N Freeman Ave Luverne, MN Charming 1900 two-story home in Luverne, MN showcasing stunning original woodwork, classic...	4 beds \| 3 baths \| 2,415 sq.ft.	$245,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.97% Airbnb Rental Income: $null Traditional Rental Income: $1473 Airbnb ROI: N/A Traditional ROI: 3.97%
109 E Luverne St unit: 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: -5.27% Traditional cash on cash: 11.88% Airbnb Rental Income: $420 Traditional Rental Income: $1287 Airbnb ROI: -5.27% Traditional ROI: 11.88%
327 W Main St Luverne, MN Stately and full of character, this beautiful 4-bedroom home showcases stunning woodwork, ...	4 beds \| 3 baths \| 2,652 sq.ft.	$279,700	Airbnb cash on cash: N/A Traditional cash on cash: 8.65% Airbnb Rental Income: $null Traditional Rental Income: $2776 Airbnb ROI: N/A Traditional ROI: 8.65%
200 S Freeman Ave unit: 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.	$69,950	Airbnb cash on cash: -4.88% Traditional cash on cash: 11.5% Airbnb Rental Income: $420 Traditional Rental Income: $1298 Airbnb ROI: -4.88% Traditional ROI: 11.5%
1115 N Elmhurst St Luverne, MN Move right in to this well-cared-for 3-bed, 1.5-bath home featuring freshly painted interi...	3 beds \| 2 baths \| 1,720 sq.ft.	$239,900	Airbnb cash on cash: N/A Traditional cash on cash: 9.2% Airbnb Rental Income: $null Traditional Rental Income: $2599 Airbnb ROI: N/A Traditional ROI: 9.2%
1002 N Linden St Luverne, MN Check out this refreshed home featuring new paint, updated energy efficiency with addition...	4 beds \| 2 baths \| 1,968 sq.ft.	$285,000	Airbnb cash on cash: N/A Traditional cash on cash: 8.32% Airbnb Rental Income: $null Traditional Rental Income: $2823 Airbnb ROI: N/A Traditional ROI: 8.32%
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.	$349,900	Airbnb cash on cash: N/A Traditional cash on cash: 7.59% Airbnb Rental Income: $null Traditional Rental Income: $3217 Airbnb ROI: N/A Traditional ROI: 7.59%
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 lovely home, beautifully designed with three spacious bedrooms all conveni...	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%
917 N McKenzie St Luverne, MN This charming 4-bedroom home features two cozy bedrooms on the main level and two spacious...	4 beds \| 1 baths \| 1,603 sq.ft.	$179,900	Airbnb cash on cash: N/A Traditional cash on cash: 9.97% Airbnb Rental Income: $null Traditional Rental Income: $2105 Airbnb ROI: N/A Traditional ROI: 9.97%
721 Britz Dr Luverne, MN **$5,000 Anything Allowance** Welcome home to this well-maintained, fully remodeled 4-...	4 beds \| 3 baths \| 2,903 sq.ft.	$545,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.74% Airbnb Rental Income: $null Traditional Rental Income: $2910 Airbnb ROI: N/A Traditional ROI: 3.74%
1017 Linden St Luverne, MN Looking for a 3-bed home in Luverne with workshop space and long-term potential? This 1,67...	3 beds \| 2 baths \| 1,462 sq.ft.	$220,000	Airbnb cash on cash: N/A Traditional cash on cash: 8.48% Airbnb Rental Income: $null Traditional Rental Income: $2269 Airbnb ROI: N/A Traditional ROI: 8.48%
417 S Fairview Dr Luverne, MN Welcome to 417 S Fairview Drive, a well-maintained ranch-style home that has been lovingly...	3 beds \| 2 baths \| 1,853 sq.ft.	$369,900	Airbnb cash on cash: N/A Traditional cash on cash: 2.14% Airbnb Rental Income: $null Traditional Rental Income: $1462 Airbnb ROI: N/A Traditional ROI: 2.14%
503 Britz Dr Luverne, MN Welcome home to this beautifully maintained 4-bedroom, 3-bath ranch that blends comfort, q...	4 beds \| 3 baths \| 3,192 sq.ft.	$574,900	Airbnb cash on cash: N/A Traditional cash on cash: 0.76% Airbnb Rental Income: $null Traditional Rental Income: $1473 Airbnb ROI: N/A Traditional ROI: 0.76%
436 W Luverne St Luverne, MN Welcome to this meticulously maintained 1913 Four Square gem where timeless elegance meets...	4 beds \| 2 baths \| 1,696 sq.ft.	$299,900	Airbnb cash on cash: N/A Traditional cash on cash: 3.36% Airbnb Rental Income: $null Traditional Rental Income: $1473 Airbnb ROI: N/A Traditional ROI: 3.36%
217 N Blue Mound Ave Luverne, MN Welcome to this charming story-and-a-half home on a corner lot conveniently located near b...	2 beds \| 1 baths \| 1,288 sq.ft.	$117,000	Airbnb cash on cash: 3.69% Traditional cash on cash: 6.94% Airbnb Rental Income: $1051 Traditional Rental Income: $1054 Airbnb ROI: 3.69% Traditional ROI: 6.94%
501 JAMES St Luverne, MN This rare to find 4 bedroom , 2 bathroom twin home with open floor plan includes a kitchen...	4 beds \| 2 baths \| 1,826 sq.ft.	$270,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.48% Airbnb Rental Income: $null Traditional Rental Income: $1473 Airbnb ROI: N/A Traditional ROI: 3.48%
101 E Virginia St Luverne, MN Welcome to this 4-bedroom, 3-bath ranch style home offering comfort, updates, and function...	4 beds \| 3 baths \| 2,232 sq.ft.	$259,900	Airbnb cash on cash: N/A Traditional cash on cash: 3.69% Airbnb Rental Income: $null Traditional Rental Income: $1473 Airbnb ROI: N/A Traditional ROI: 3.69%
1021 Jackson St Luverne, MN This 4-bedroom, 2-bath home features many recent updates and an oversized 2-stall garage. ...	4 beds \| 2 baths \| 2,014 sq.ft.	$299,500	Airbnb cash on cash: N/A Traditional cash on cash: 3.1% Airbnb Rental Income: $null Traditional Rental Income: $1473 Airbnb ROI: N/A Traditional ROI: 3.1%

Real Estate investment in Luverne, MN

There are 19 properties for sale in the city of Luverne . The median list price in Luverne is $252,450 and the average price per square foot is $142. In March 2026, the average monthly cash on cash return in Luverne is 7.00%. The average monthly rental income in Luverne is $1,473.

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

There are 19 investment properties available for sale in Luverne.

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

The ROI for Long-Term is higher than the Short-Term in Luverne with average rental income of $1,473.

Your search for investment property begins and ends here

Investment Property for Sale in Luverne, MN

420 N Freeman Ave

Luverne, MN

4 beds | 3 baths | 2,415 sq.ft.

$245,000

Airbnb cash on cash: N/A

Traditional cash on cash: 3.97%

Airbnb Rental Income: $null

Traditional Rental Income: $1473

Airbnb ROI: N/A

Traditional ROI: 3.97%

109 E Luverne St unit: 220

Luverne, MN

1 beds | 1 baths | 785 sq.ft.

$65,900

Airbnb cash on cash: -5.27%

Traditional cash on cash: 11.88%

Airbnb Rental Income: $420

Traditional Rental Income: $1287

Airbnb ROI: -5.27%

Traditional ROI: 11.88%

327 W Main St

Luverne, MN

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

$279,700

Airbnb cash on cash: N/A

Traditional cash on cash: 8.65%

Airbnb Rental Income: $null

Traditional Rental Income: $2776

Airbnb ROI: N/A

Traditional ROI: 8.65%

200 S Freeman Ave unit: 206

Luverne, MN

1 beds | 1 baths | 550 sq.ft.

$69,950

Airbnb cash on cash: -4.88%

Traditional cash on cash: 11.5%

Airbnb Rental Income: $420

Traditional Rental Income: $1298

Airbnb ROI: -4.88%

Traditional ROI: 11.5%

1115 N Elmhurst St

Luverne, MN

3 beds | 2 baths | 1,720 sq.ft.

$239,900

Airbnb cash on cash: N/A

Traditional cash on cash: 9.2%

Airbnb Rental Income: $null

Traditional Rental Income: $2599

Airbnb ROI: N/A

Traditional ROI: 9.2%

1002 N Linden St

Luverne, MN

4 beds | 2 baths | 1,968 sq.ft.

$285,000

Airbnb cash on cash: N/A

Traditional cash on cash: 8.32%

Airbnb Rental Income: $null

Traditional Rental Income: $2823

Airbnb ROI: N/A

Traditional ROI: 8.32%

305 E Veterans Dr

Luverne, MN

4 beds | 3 baths | 2,478 sq.ft.

$349,900

Airbnb cash on cash: N/A

Traditional cash on cash: 7.59%

Airbnb Rental Income: $null

Traditional Rental Income: $3217

Airbnb ROI: N/A

Traditional ROI: 7.59%

106 E Christensen Dr

Luverne, MN

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