Real Estate Investment Properties for Sale in Madison Lake, MN

Looking for investment property in Madison Lake, MN with high ROI ?

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

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
6105 Shamrock Dr Madison Lake, MN Enjoy all the perks of association living within the popular Connor's Point with boat slip...	2 beds \| 2 baths \| 1,970 sq.ft.	$399,900	Airbnb cash on cash: 1.1% Traditional cash on cash: 3.16% Airbnb Rental Income: $2058 Traditional Rental Income: $2297 Airbnb ROI: 1.1% Traditional ROI: 3.16%
1051 Sakatah Ct Madison Lake, MN Completely remodeled townhome right across from the Sakatah Trail! 3 bedrooms, all with th...	3 beds \| 3 baths \| 2,360 sq.ft.	$339,000	Airbnb cash on cash: 4.81% Traditional cash on cash: 5.86% Airbnb Rental Income: $3372 Traditional Rental Income: $2955 Airbnb ROI: 4.81% Traditional ROI: 5.86%
3746 Sioux Ln Madison Lake, MN Charming cabin nestled on the shores of Lake Washington. This cozy 1-bedroom, 1-bathroom p...	1 beds \| 1 baths \| 480 sq.ft.	$349,997	Airbnb cash on cash: N/A Traditional cash on cash: 0.38% Airbnb Rental Income: $null Traditional Rental Income: $912 Airbnb ROI: N/A Traditional ROI: 0.38%
29281 Biehn Dr Madison Lake, MN Build your Dream Home on this private 2.1 acres (2 lots) on Lake Washington! This is a â...	N/A beds \| N/A baths \| N/A	$389,900	Airbnb cash on cash: N/A Traditional cash on cash: 7.9% Airbnb Rental Income: $null Traditional Rental Income: $3947 Airbnb ROI: N/A Traditional ROI: 7.9%
4426 Washington Blvd Madison Lake, MN Enjoy stunning lake views from this beautifully maintained Lake Washington home featuring ...	2 beds \| 2 baths \| 1,517 sq.ft.	$630,000	Airbnb cash on cash: 0.42% Traditional cash on cash: 1.21% Airbnb Rental Income: $2058 Traditional Rental Income: $1991 Airbnb ROI: 0.42% Traditional ROI: 1.21%
801 Tomahawk Ct Madison Lake, MN Brand new townhome in a 6-plex unit! End unit with lots of natural light! Main floor has o...	3 beds \| 2 baths \| 1,888 sq.ft.	$274,900	Airbnb cash on cash: 7.54% Traditional cash on cash: 8.49% Airbnb Rental Income: $3372 Traditional Rental Income: $2867 Airbnb ROI: 7.54% Traditional ROI: 8.49%
809 Tomahawk Ct Madison Lake, MN Brand new townhome for sale that includes New Construction Warranty! Main floor has open l...	3 beds \| 2 baths \| 1,888 sq.ft.	$274,900	Airbnb cash on cash: 7.52% Traditional cash on cash: 8.28% Airbnb Rental Income: $3372 Traditional Rental Income: $2819 Airbnb ROI: 7.52% Traditional ROI: 8.28%
286 Three Lakes Dr Madison Lake, MN New Construction Opportunity â 3 Bed, 2 Bath Home with Walkout Basement Be the first to...	3 beds \| 2 baths \| 1,572 sq.ft.	$349,900	Airbnb cash on cash: 6.58% Traditional cash on cash: 6.43% Airbnb Rental Income: $3372 Traditional Rental Income: $2572 Airbnb ROI: 6.58% Traditional ROI: 6.43%
29193 Biehn Dr Madison Lake, MN Welcome to lake life on the shores of Lake Washington. This home offers all the space you ...	4 beds \| 3 baths \| 5,891 sq.ft.	$1,450,000	Airbnb cash on cash: -0.55% Traditional cash on cash: 1.13% Airbnb Rental Income: $2700 Traditional Rental Income: $4326 Airbnb ROI: -0.55% Traditional ROI: 1.13%
101 N Duck Lake Ave Madison Lake, MN Unique property located near Duck Lake on 1/2+ acre lot on the edge of town! Currently set...	4 beds \| 2 baths \| 2,219 sq.ft.	$425,000	Airbnb cash on cash: 2.36% Traditional cash on cash: 5.15% Airbnb Rental Income: $2700 Traditional Rental Income: $3170 Airbnb ROI: 2.36% Traditional ROI: 5.15%
6206 Shamrock Dr Madison Lake, MN 6206 Shamrock Dr, Madison Lake, MN 56063 \| Single Family Residential	4 beds \| 2 baths \| 3,955 sq.ft.	$995,000	Airbnb cash on cash: -0.01% Traditional cash on cash: 0.36% Airbnb Rental Income: $2700 Traditional Rental Income: $2405 Airbnb ROI: -0.01% Traditional ROI: 0.36%
TBD Hwy 60 St Madison Lake, MN TBD Hwy 60, Madison Lake, MN 56063 \| Other	N/A beds \| N/A baths \| N/A	$169,900	Airbnb cash on cash: N/A Traditional cash on cash: 0.54% Airbnb Rental Income: $null Traditional Rental Income: $521 Airbnb ROI: N/A Traditional ROI: 0.54%
29172 Biehn Dr Madison Lake, MN 29172 Biehn Dr, Madison Lake, MN 56063 \| Other	N/A beds \| N/A baths \| N/A	$279,900	Airbnb cash on cash: N/A Traditional cash on cash: -0.05% Airbnb Rental Income: $null Traditional Rental Income: $635 Airbnb ROI: N/A Traditional ROI: -0.05%
73 Balsam Cir Madison Lake, MN 73 Balsam Cir, Madison Lake, MN 56063 \| Other	N/A beds \| N/A baths \| N/A	$45,000	Airbnb cash on cash: N/A Traditional cash on cash: 7.17% Airbnb Rental Income: $null Traditional Rental Income: $521 Airbnb ROI: N/A Traditional ROI: 7.17%
67 Balsam Cir Madison Lake, MN 67 Balsam Cir, Madison Lake, MN 56063 \| Other	N/A beds \| N/A baths \| N/A	$45,000	Airbnb cash on cash: N/A Traditional cash on cash: 7.17% Airbnb Rental Income: $null Traditional Rental Income: $521 Airbnb ROI: N/A Traditional ROI: 7.17%
57 Evergreen Ln Madison Lake, MN 57 Evergreen Ln, Madison Lake, MN 56063 \| Single Family Residential	3 beds \| 2 baths \| 1,484 sq.ft.	$462,000	Airbnb cash on cash: 3.74% Traditional cash on cash: -1.12% Airbnb Rental Income: $3372 Traditional Rental Income: $521 Airbnb ROI: 3.74% Traditional ROI: -1.12%
1140 Park Rd Madison Lake, MN 1140 Park Rd, Madison Lake, MN 56063 \| Other	N/A beds \| N/A baths \| N/A	$299,000	Airbnb cash on cash: N/A Traditional cash on cash: -0.59% Airbnb Rental Income: $null Traditional Rental Income: $521 Airbnb ROI: N/A Traditional ROI: -0.59%
307 Krason Dr Madison Lake, MN 307 Krason Dr, Madison Lake, MN 56063 \| Other	N/A beds \| N/A baths \| N/A	$95,000	Airbnb cash on cash: N/A Traditional cash on cash: 2.52% Airbnb Rental Income: $null Traditional Rental Income: $521 Airbnb ROI: N/A Traditional ROI: 2.52%
29036 Biehn Dr Madison Lake, MN 29036 Biehn Dr, Madison Lake, MN 56063 \| Other	N/A beds \| N/A baths \| N/A	$169,900	Airbnb cash on cash: N/A Traditional cash on cash: 1.24% Airbnb Rental Income: $null Traditional Rental Income: $635 Airbnb ROI: N/A Traditional ROI: 1.24%
TBD Oriole Rd Madison Lake, MN TBD Oriole Rd, Madison Lake, MN 56063 \| Other	N/A beds \| N/A baths \| N/A	$249,900	Airbnb cash on cash: N/A Traditional cash on cash: -0.23% Airbnb Rental Income: $null Traditional Rental Income: $537 Airbnb ROI: N/A Traditional ROI: -0.23%
TBD 604th Ave Madison Lake, MN TBD #2 604th Ave, Madison Lake, MN 56063 \| Other	N/A beds \| N/A baths \| N/A	$174,900	Airbnb cash on cash: N/A Traditional cash on cash: 0.56% Airbnb Rental Income: $null Traditional Rental Income: $537 Airbnb ROI: N/A Traditional ROI: 0.56%
305 Krason Dr Madison Lake, MN	N/A beds \| N/A baths \| N/A	$95,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.31% Airbnb Rental Income: $null Traditional Rental Income: $687 Airbnb ROI: N/A Traditional ROI: 4.31%
53 Evergreen Ln Madison Lake, MN 53 Evergreen Ln, Madison Lake, MN 56063 \| Single Family Residential	3 beds \| 2 baths \| 1,692 sq.ft.	$510,000	Airbnb cash on cash: 3.19% Traditional cash on cash: 2.29% Airbnb Rental Income: $3372 Traditional Rental Income: $2193 Airbnb ROI: 3.19% Traditional ROI: 2.29%
237 N Duck Lake Ave Madison Lake, MN This 5-bedroom, 3-bath lakefront home blends space, comfort, and breathtaking views in one...	5 beds \| 3 baths \| 3,192 sq.ft.	$799,000	Airbnb cash on cash: N/A Traditional cash on cash: 2.54% Airbnb Rental Income: $null Traditional Rental Income: $3482 Airbnb ROI: N/A Traditional ROI: 2.54%
60340 Maverick Ct Madison Lake, MN You'll marvel at this stunning 4-bedroom, 3-bathroom home nestled on a large scenic lot on...	4 beds \| 3 baths \| 3,753 sq.ft.	$899,000	Airbnb cash on cash: 0.74% Traditional cash on cash: 1.84% Airbnb Rental Income: $2700 Traditional Rental Income: $2982 Airbnb ROI: 0.74% Traditional ROI: 1.84%
28612 Hub Dr Madison Lake, MN Imagine stepping into a serene oasis where the beauty of nature meets the pinnacle of luxu...	3 beds \| 2 baths \| 4,424 sq.ft.	$1,399,900	Airbnb cash on cash: 0.21% Traditional cash on cash: 1.21% Airbnb Rental Income: $3372 Traditional Rental Income: $3917 Airbnb ROI: 0.21% Traditional ROI: 1.21%
22643 Oriole Cir Madison Lake, MN Welcome to your dream lake home on beautiful Madison Lake. 5 bedrooms, 4 bathrooms perfect...	5 beds \| 4 baths \| 4,709 sq.ft.	$1,279,900	Airbnb cash on cash: N/A Traditional cash on cash: 1.14% Airbnb Rental Income: $null Traditional Rental Income: $3369 Airbnb ROI: N/A Traditional ROI: 1.14%
6106 Shamrock Dr Madison Lake, MN 6106 Shamrock Dr, Madison Lake, MN 56063 \| Single Family Residential	4 beds \| 3 baths \| 3,740 sq.ft.	$1,279,000	Airbnb cash on cash: -0.48% Traditional cash on cash: -0.11% Airbnb Rental Income: $2700 Traditional Rental Income: $2507 Airbnb ROI: -0.48% Traditional ROI: -0.11%
709 Tomahawk Ct Madison Lake, MN 2 BR, 2 BA Twin home, conveniently located near the Sakatah Trail and on the edge of Madis...	2 beds \| 1 baths \| 1,356 sq.ft.	$264,900	Airbnb cash on cash: 2.64% Traditional cash on cash: 4.56% Airbnb Rental Income: $2058 Traditional Rental Income: $2006 Airbnb ROI: 2.64% Traditional ROI: 4.56%
1120 Park Rd Madison Lake, MN Why wait for the weekend? At 1120 Park Road, lake life becomes your every day. Start your ...	4 beds \| 3 baths \| 3,096 sq.ft.	$775,000	Airbnb cash on cash: 0.49% Traditional cash on cash: 2.15% Airbnb Rental Income: $2700 Traditional Rental Income: $3259 Airbnb ROI: 0.49% Traditional ROI: 2.15%
34 Evergreen Ln Madison Lake, MN Charming 3-bedroom, 2-bathroom patio home has a heated 2.5 stall garage and fenced yard wi...	3 beds \| 2 baths \| 1,656 sq.ft.	$459,999	Airbnb cash on cash: 3.78% Traditional cash on cash: 3.55% Airbnb Rental Income: $3372 Traditional Rental Income: $2523 Airbnb ROI: 3.78% Traditional ROI: 3.55%
412 Doran Drive Madison Lake, MN Experience lake life at its best with this stunning 3 bedroom, 3 bathroom home on the shor...	3 beds \| 3 baths \| 2,180 sq.ft.	$719,800	Airbnb cash on cash: 1.26% Traditional cash on cash: 1.19% Airbnb Rental Income: $3372 Traditional Rental Income: $2572 Airbnb ROI: 1.26% Traditional ROI: 1.19%
114 East Bay Dr Madison Lake, MN 114 East Bay Dr, Madison Lake, MN 56063 \| Other	N/A beds \| N/A baths \| N/A	$549,900	Airbnb cash on cash: N/A Traditional cash on cash: -1.04% Airbnb Rental Income: $null Traditional Rental Income: $641 Airbnb ROI: N/A Traditional ROI: -1.04%
28081 470th St Madison Lake, MN 28081 470th St, Madison Lake, MN 56063 \| Single Family Residential	3 beds \| 2 baths \| 2,504 sq.ft.	$619,500	Airbnb cash on cash: 2.26% Traditional cash on cash: 1.61% Airbnb Rental Income: $3372 Traditional Rental Income: $2244 Airbnb ROI: 2.26% Traditional ROI: 1.61%
911 Three Lakes Ct Madison Lake, MN 911 Three Lakes Ct, Madison Lake, MN 56063 \| Single Family Residential	3 beds \| 2 baths \| 1,572 sq.ft.	$409,900	Airbnb cash on cash: 4.47% Traditional cash on cash: 3.2% Airbnb Rental Income: $3372 Traditional Rental Income: $2135 Airbnb ROI: 4.47% Traditional ROI: 3.2%
6213 Shamrock Dr Madison Lake, MN Tucked along the shores of Lake Washington, this remarkable 5 bedroom, 5 bathroom waterfro...	5 beds \| 3 baths \| 4,097 sq.ft.	$1,480,000	Airbnb cash on cash: N/A Traditional cash on cash: 0.06% Airbnb Rental Income: $null Traditional Rental Income: $2770 Airbnb ROI: N/A Traditional ROI: 0.06%
513 Sumac Road Madison Lake, MN Welcome to 513 Sumac Rd. in Madison Lake! This move-in-ready 4-bedroom, 2-bath home offers...	4 beds \| 2 baths \| 2,112 sq.ft.	$349,900	Airbnb cash on cash: 3.65% Traditional cash on cash: 5.48% Airbnb Rental Income: $2700 Traditional Rental Income: $2661 Airbnb ROI: 3.65% Traditional ROI: 5.48%
24605 State Highway 60 Madison Lake, MN 24605 State Highway 60, Madison Lake, MN 56063 \| Other	N/A beds \| N/A baths \| N/A	$125,999	Airbnb cash on cash: N/A Traditional cash on cash: 2.43% Airbnb Rental Income: $null Traditional Rental Income: $643 Airbnb ROI: N/A Traditional ROI: 2.43%
435 Lilac Lane Madison Lake, MN Move right in and enjoy this beautifully maintained 4-bedroom, 2-bathroom home tucked away...	4 beds \| 2 baths \| 1,960 sq.ft.	$354,900	Airbnb cash on cash: 3.85% Traditional cash on cash: 4.35% Airbnb Rental Income: $2700 Traditional Rental Income: $2230 Airbnb ROI: 3.85% Traditional ROI: 4.35%
4514 Washington Blvd Madison Lake, MN Live your lakefront dream in this stunningly updated, recently remodeled and renovated lak...	3 beds \| 3 baths \| 1,875 sq.ft.	$849,900	Airbnb cash on cash: 0.8% Traditional cash on cash: 1.23% Airbnb Rental Income: $3372 Traditional Rental Income: $2959 Airbnb ROI: 0.8% Traditional ROI: 1.23%

Real Estate investment in Madison-lake, MN

There are 48 properties for sale in the city of Madison Lake . The median list price in Madison Lake is $277,284 and the average price per square foot is $102. In August 2026, the average monthly cash on cash return in Madison Lake is 2.00%. The average monthly rental income in Madison Lake is $2,297.

Madison-lake, MN Real Estate Investing: FAQs for Buyers, Sellers and Investors

There are 48 investment properties available for sale in Madison-lake.

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

The ROI for Short-Term is higher than the Long-Term in Madison-lake with average rental income of $2,700.

Your search for investment property begins and ends here

Investment Property for Sale in Madison Lake, MN

6105 Shamrock Dr

Madison Lake, MN

2 beds | 2 baths | 1,970 sq.ft.

$399,900

Airbnb cash on cash: 1.1%

Traditional cash on cash: 3.16%

Airbnb Rental Income: $2058

Traditional Rental Income: $2297

Airbnb ROI: 1.1%

Traditional ROI: 3.16%

1051 Sakatah Ct

Madison Lake, MN

3 beds | 3 baths | 2,360 sq.ft.

$339,000

Airbnb cash on cash: 4.81%

Traditional cash on cash: 5.86%

Airbnb Rental Income: $3372

Traditional Rental Income: $2955

Airbnb ROI: 4.81%

Traditional ROI: 5.86%

3746 Sioux Ln

Madison Lake, MN

1 beds | 1 baths | 480 sq.ft.

$349,997

Airbnb cash on cash: N/A

Traditional cash on cash: 0.38%

Airbnb Rental Income: $null

Traditional Rental Income: $912

Airbnb ROI: N/A

Traditional ROI: 0.38%

29281 Biehn Dr

Madison Lake, MN

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

$389,900

Airbnb cash on cash: N/A

Traditional cash on cash: 7.9%

Airbnb Rental Income: $null

Traditional Rental Income: $3947

Airbnb ROI: N/A

Traditional ROI: 7.9%

4426 Washington Blvd

Madison Lake, MN

2 beds | 2 baths | 1,517 sq.ft.

$630,000

Airbnb cash on cash: 0.42%

Traditional cash on cash: 1.21%

Airbnb Rental Income: $2058

Traditional Rental Income: $1991

Airbnb ROI: 0.42%

Traditional ROI: 1.21%

801 Tomahawk Ct

Madison Lake, MN

3 beds | 2 baths | 1,888 sq.ft.

$274,900

Airbnb cash on cash: 7.54%

Traditional cash on cash: 8.49%

Airbnb Rental Income: $3372

Traditional Rental Income: $2867

Airbnb ROI: 7.54%

Traditional ROI: 8.49%

809 Tomahawk Ct

Madison Lake, MN

3 beds | 2 baths | 1,888 sq.ft.

$274,900

Airbnb cash on cash: 7.52%

Traditional cash on cash: 8.28%

Airbnb Rental Income: $3372

Traditional Rental Income: $2819

Airbnb ROI: 7.52%

Traditional ROI: 8.28%

286 Three Lakes Dr

Madison Lake, MN

3 beds | 2 baths | 1,572 sq.ft.

$349,900

Airbnb cash on cash: 6.58%

Traditional cash on cash: 6.43%

Airbnb Rental Income: $3372

Traditional Rental Income: $2572

Airbnb ROI: 6.58%