Real Estate Investment Properties for Sale in Mahtomedi, MN

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

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

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
868 Ledgestone Dr Mahtomedi, MN Spacious Mahtomedi townhome featuring a premium inside end-unit location at the end of the...	3 beds \| 2 baths \| 2,030 sq.ft.	$310,000	Airbnb cash on cash: 1.58% Traditional cash on cash: 3.79% Airbnb Rental Income: $1988 Traditional Rental Income: $2111 Airbnb ROI: 1.58% Traditional ROI: 3.79%
112 Mcgregor Ave N Mahtomedi, MN Welcome to this beautifully updated 4-bedroom, 2-bathroom home located in the highly sough...	4 beds \| 2 baths \| 1,656 sq.ft.	$242,000	Airbnb cash on cash: 2.72% Traditional cash on cash: 6.76% Airbnb Rental Income: $1964 Traditional Rental Income: $2371 Airbnb ROI: 2.72% Traditional ROI: 6.76%
125 Wildwood Bay Drive Mahtomedi, MN Welcome to this beautifully updated 3-bedroom, 4-bath executive townhome nestled in the so...	3 beds \| 4 baths \| 2,257 sq.ft.	$435,000	Airbnb cash on cash: -0.26% Traditional cash on cash: 3.32% Airbnb Rental Income: $1988 Traditional Rental Income: $2928 Airbnb ROI: -0.26% Traditional ROI: 3.32%
209 Quail St Mahtomedi, MN 209 Quail St, Mahtomedi, MN 55115 \| Single Family Residential	N/A beds \| N/A baths \| 3,258 sq.ft.	$240,000	Airbnb cash on cash: N/A Traditional cash on cash: 1.49% Airbnb Rental Income: $null Traditional Rental Income: $1186 Airbnb ROI: N/A Traditional ROI: 1.49%
TBD Glenmar Ave Mahtomedi, MN TBD Glenmar Ave, Mahtomedi, MN 55115 \| Other	N/A beds \| N/A baths \| 1,596 sq.ft.	$115,000	Airbnb cash on cash: N/A Traditional cash on cash: 7.13% Airbnb Rental Income: $null Traditional Rental Income: $1118 Airbnb ROI: N/A Traditional ROI: 7.13%
438 Wildwood Rd Mahtomedi, MN 438 Wildwood Rd, Saint Paul, MN 55115 \| Single Family Residential	9 beds \| 5 baths \| 5,265 sq.ft.	$1,050,000	Airbnb cash on cash: 0.42% Traditional cash on cash: 2.46% Airbnb Rental Income: $3308 Traditional Rental Income: $4556 Airbnb ROI: 0.42% Traditional ROI: 2.46%
932 Ledgestone Dr Mahtomedi, MN 932 Ledgestone Dr, Saint Paul, MN 55115 \| Townhouse	3 beds \| 1 baths \| 1,810 sq.ft.	$269,000	Airbnb cash on cash: 1.62% Traditional cash on cash: 1.42% Airbnb Rental Income: $1988 Traditional Rental Income: $1416 Airbnb ROI: 1.62% Traditional ROI: 1.42%
91 Juniper St Mahtomedi, MN Welcome to 91 Juniper St, where modern elegance meets high-end craftsmanship in this stunn...	4 beds \| 3 baths \| 2,466 sq.ft.	$742,855	Airbnb cash on cash: 0.92% Traditional cash on cash: 3.75% Airbnb Rental Income: $1964 Traditional Rental Income: $3406 Airbnb ROI: 0.92% Traditional ROI: 3.75%
840 Hallam Ave N Mahtomedi, MN 840 Hallam Ave N, Saint Paul, MN 55115 \| Single Family Residential	4 beds \| 2 baths \| 2,548 sq.ft.	$639,900	Airbnb cash on cash: 0.16% Traditional cash on cash: 1.56% Airbnb Rental Income: $1964 Traditional Rental Income: $2284 Airbnb ROI: 0.16% Traditional ROI: 1.56%
94 Neptune Street Mahtomedi, MN Experience luxury living in the highly sought-after Mahtomedi Lakeside community with Nept...	3 beds \| 4 baths \| 3,834 sq.ft.	$1,495,000	Airbnb cash on cash: -0.67% Traditional cash on cash: 0.04% Airbnb Rental Income: $1988 Traditional Rental Income: $2452 Airbnb ROI: -0.67% Traditional ROI: 0.04%
79 Long Lake Rd Mahtomedi, MN Welcome to your turn-key lakefront paradise! Properties of this caliber in Mahtomedi are a...	4 beds \| 2 baths \| 2,794 sq.ft.	$649,900	Airbnb cash on cash: 0.34% Traditional cash on cash: 1.77% Airbnb Rental Income: $1964 Traditional Rental Income: $2318 Airbnb ROI: 0.34% Traditional ROI: 1.77%
326 Warner Ave N Mahtomedi, MN 326 Warner Ave N, Mahtomedi, MN 55115 \| Single Family Residential	3 beds \| 2 baths \| 1,700 sq.ft.	$424,900	Airbnb cash on cash: 1.34% Traditional cash on cash: 2.78% Airbnb Rental Income: $1988 Traditional Rental Income: $2040 Airbnb ROI: 1.34% Traditional ROI: 2.78%
617 Eastgate Parkway Mahtomedi, MN Experience elevated living in this exceptional Mahtomedi home offering over 4,500 square f...	5 beds \| 4 baths \| 4,311 sq.ft.	$899,000	Airbnb cash on cash: 0.87% Traditional cash on cash: 1.21% Airbnb Rental Income: $3308 Traditional Rental Income: $2851 Airbnb ROI: 0.87% Traditional ROI: 1.21%
3020 Oakdale Dr Mahtomedi, MN 3020 Oakdale Dr, Pine Springs, MN 55115 \| Single Family Residential	3 beds \| 4 baths \| 2,798 sq.ft.	$1,175,000	Airbnb cash on cash: -0.86% Traditional cash on cash: 0.8% Airbnb Rental Income: $1988 Traditional Rental Income: $3282 Airbnb ROI: -0.86% Traditional ROI: 0.8%
880 Ledgestone Dr Mahtomedi, MN BEAUTIFUL END UNIT TOWNHOME W/ NEW PAINT AND NEW CARPET THROUGHOUT! Welcome to this spacio...	3 beds \| 2 baths \| 1,940 sq.ft.	$315,000	Airbnb cash on cash: 1.13% Traditional cash on cash: 4.5% Airbnb Rental Income: $1988 Traditional Rental Income: $2466 Airbnb ROI: 1.13% Traditional ROI: 4.5%
899 Ledgestone Dr Mahtomedi, MN 899 Ledgestone Dr, Mahtomedi, MN 55115 \| Townhouse	3 beds \| 2 baths \| 2,032 sq.ft.	$309,000	Airbnb cash on cash: 1.15% Traditional cash on cash: 3.36% Airbnb Rental Income: $1988 Traditional Rental Income: $2111 Airbnb ROI: 1.15% Traditional ROI: 3.36%
365 Windsor Ln Mahtomedi, MN 365 Windsor Ln, Mahtomedi, MN 55115 \| Single Family Residential	3 beds \| 3 baths \| 3,220 sq.ft.	$725,000	Airbnb cash on cash: -0.08% Traditional cash on cash: 1.01% Airbnb Rental Income: $1988 Traditional Rental Income: $2204 Airbnb ROI: -0.08% Traditional ROI: 1.01%
1268 Lincolntown Ave Mahtomedi, MN 1268 Lincolntown Ave, Mahtomedi, MN 55115 \| Single Family Residential	4 beds \| 2 baths \| 2,709 sq.ft.	$674,900	Airbnb cash on cash: 0.04% Traditional cash on cash: 1.84% Airbnb Rental Income: $1964 Traditional Rental Income: $2583 Airbnb ROI: 0.04% Traditional ROI: 1.84%
1199 Ashley Ln Mahtomedi, MN 1199 Ashley Ln, Mahtomedi, MN 55115 \| Single Family Residential	4 beds \| 3 baths \| 3,754 sq.ft.	$725,000	Airbnb cash on cash: -0.11% Traditional cash on cash: 1.61% Airbnb Rental Income: $1964 Traditional Rental Income: $2612 Airbnb ROI: -0.11% Traditional ROI: 1.61%
60 Grove St Mahtomedi, MN 60 Grove St, Mahtomedi, MN 55115 \| Multi Family	4 beds \| 2 baths \| 2,416 sq.ft.	$500,000	Airbnb cash on cash: 0.79% Traditional cash on cash: 2.3% Airbnb Rental Income: $1964 Traditional Rental Income: $2155 Airbnb ROI: 0.79% Traditional ROI: 2.3%

Real Estate investment in Mahtomedi, MN

There are 21 properties for sale in the city of Mahtomedi . The median list price in Mahtomedi is $467,220 and the average price per square foot is $170. In August 2026, the average monthly cash on cash return in Mahtomedi is 2.00%. The average monthly rental income in Mahtomedi is $2,345.

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

There are 21 investment properties available for sale in Mahtomedi.

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

The ROI for Long-Term is higher than the Short-Term in Mahtomedi with average rental income of $2,345.

Your search for investment property begins and ends here

Investment Property for Sale in Mahtomedi, MN

868 Ledgestone Dr

Mahtomedi, MN

3 beds | 2 baths | 2,030 sq.ft.

$310,000

Airbnb cash on cash: 1.58%

Traditional cash on cash: 3.79%

Airbnb Rental Income: $1988

Traditional Rental Income: $2111

Airbnb ROI: 1.58%

Traditional ROI: 3.79%

112 Mcgregor Ave N

Mahtomedi, MN

4 beds | 2 baths | 1,656 sq.ft.

$242,000

Airbnb cash on cash: 2.72%

Traditional cash on cash: 6.76%

Airbnb Rental Income: $1964

Traditional Rental Income: $2371

Airbnb ROI: 2.72%

Traditional ROI: 6.76%

125 Wildwood Bay Drive

Mahtomedi, MN

3 beds | 4 baths | 2,257 sq.ft.

$435,000

Airbnb cash on cash: -0.26%

Traditional cash on cash: 3.32%

Airbnb Rental Income: $1988

Traditional Rental Income: $2928

Airbnb ROI: -0.26%

Traditional ROI: 3.32%

209 Quail St

Mahtomedi, MN

N/A beds | N/A baths | 3,258 sq.ft.

$240,000

Airbnb cash on cash: N/A

Traditional cash on cash: 1.49%

Airbnb Rental Income: $null

Traditional Rental Income: $1186

Airbnb ROI: N/A

Traditional ROI: 1.49%

TBD Glenmar Ave

Mahtomedi, MN

N/A beds | N/A baths | 1,596 sq.ft.

$115,000

Airbnb cash on cash: N/A

Traditional cash on cash: 7.13%

Airbnb Rental Income: $null

Traditional Rental Income: $1118

Airbnb ROI: N/A

Traditional ROI: 7.13%

438 Wildwood Rd

Mahtomedi, MN

9 beds | 5 baths | 5,265 sq.ft.

$1,050,000

Airbnb cash on cash: 0.42%

Traditional cash on cash: 2.46%

Airbnb Rental Income: $3308

Traditional Rental Income: $4556

Airbnb ROI: 0.42%

Traditional ROI: 2.46%

932 Ledgestone Dr

Mahtomedi, MN

3 beds | 1 baths | 1,810 sq.ft.

$269,000

Airbnb cash on cash: 1.62%

Traditional cash on cash: 1.42%

Airbnb Rental Income: $1988

Traditional Rental Income: $1416

Airbnb ROI: 1.62%

Traditional ROI: 1.42%

91 Juniper St

Mahtomedi, MN

4 beds | 3 baths | 2,466 sq.ft.

$742,855

Airbnb cash on cash: 0.92%

Traditional cash on cash: 3.75%

Airbnb Rental Income: $1964

Traditional Rental Income: $3406

Airbnb ROI: 0.92%