Real Estate Investment Properties for Sale in Minnetonka, MN

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

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

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
16217 Gleason Lake Road Minnetonka, MN Excellent opportunity for a building site located incredibly close to downtown Wayzata, or...	1 beds \| 1 baths \| 600 sq.ft.	$349,000	Airbnb cash on cash: -0.67% Traditional cash on cash: 1.39% Airbnb Rental Income: $785 Traditional Rental Income: $1139 Airbnb ROI: -0.67% Traditional ROI: 1.39%
16408 Norwood Lane Minnetonka, MN Welcome to 16408 Norwood Lane, nestled in the heart of Minnetonka. This beautifully mainta...	4 beds \| 2 baths \| 2,114 sq.ft.	$550,000	Airbnb cash on cash: 1.88% Traditional cash on cash: 2.97% Airbnb Rental Income: $2629 Traditional Rental Income: $2561 Airbnb ROI: 1.88% Traditional ROI: 2.97%
10311 Cedar Lake Road #103 Minnetonka, MN Spacious 2-bed, 2-bath Cedar Lake condo includes spacious living room, patio, open kitchen...	2 beds \| 2 baths \| 1,180 sq.ft.	$165,000	Airbnb cash on cash: 1.85% Traditional cash on cash: 4.56% Airbnb Rental Income: $1827 Traditional Rental Income: $1761 Airbnb ROI: 1.85% Traditional ROI: 4.56%
5970 Chasewood Parkway #201 Minnetonka, MN Welcome to 5970 Chasewood #201 in Minnetonka, a well-maintained end unit condo offering ad...	2 beds \| 2 baths \| 1,125 sq.ft.	$219,900	Airbnb cash on cash: 0.94% Traditional cash on cash: 3.15% Airbnb Rental Income: $1827 Traditional Rental Income: $1792 Airbnb ROI: 0.94% Traditional ROI: 3.15%
18721 Clear View Court Minnetonka, MN The best of everything! Prime Minnetonka location, move in ready, and lots of space! End u...	2 beds \| 2 baths \| 1,404 sq.ft.	$275,000	Airbnb cash on cash: 0.67% Traditional cash on cash: 3.11% Airbnb Rental Income: $1827 Traditional Rental Income: $1968 Airbnb ROI: 0.67% Traditional ROI: 3.11%
13200 Excelsior Boulevard Minnetonka, MN Pickleball Paradise Meets Cozy Charm! 1890 SQ Ft Heated Athletic Outbuilding! Welcome to y...	3 beds \| 2 baths \| 2,004 sq.ft.	$650,000	Airbnb cash on cash: 1.65% Traditional cash on cash: 2.36% Airbnb Rental Income: $2800 Traditional Rental Income: $2573 Airbnb ROI: 1.65% Traditional ROI: 2.36%
2700 Olde Wood Court Minnetonka, MN Don't miss - this is one of those once in a lifetime opportunities for two buildings on a ...	4 beds \| 4 baths \| 4,333 sq.ft.	$999,900	Airbnb cash on cash: 0.21% Traditional cash on cash: 2.17% Airbnb Rental Income: $2629 Traditional Rental Income: $3825 Airbnb ROI: 0.21% Traditional ROI: 2.17%
5420 Spring Lane Minnetonka, MN Well-maintained and beautifully updated 4BR/2BA home set on a spacious, wooded lot directl...	4 beds \| 2 baths \| 2,376 sq.ft.	$619,900	Airbnb cash on cash: 1.16% Traditional cash on cash: 2.14% Airbnb Rental Income: $2629 Traditional Rental Income: $2568 Airbnb ROI: 1.16% Traditional ROI: 2.14%
1504 Fairfield Road S Minnetonka, MN Only available due to relocation, this extraordinary Minnetonka home is a rare opportunity...	4 beds \| 4 baths \| 4,168 sq.ft.	$950,000	Airbnb cash on cash: -0.01% Traditional cash on cash: 1.97% Airbnb Rental Income: $2629 Traditional Rental Income: $3746 Airbnb ROI: -0.01% Traditional ROI: 1.97%
9601 Lonsdale Circle Minnetonka, MN Nestled on a quiet cul-de-sac in the highly sought-after Preston Trails community, this ra...	2 beds \| 1 baths \| 960 sq.ft.	$309,000	Airbnb cash on cash: 0.86% Traditional cash on cash: 1.38% Airbnb Rental Income: $1827 Traditional Rental Income: $1483 Airbnb ROI: 0.86% Traditional ROI: 1.38%
2252 Country Lane Minnetonka, MN Tucked away on a peaceful cul-de-sac, this beautifully updated one-level townhome offers t...	3 beds \| 2 baths \| 1,152 sq.ft.	$339,900	Airbnb cash on cash: 3.01% Traditional cash on cash: 2.15% Airbnb Rental Income: $2800 Traditional Rental Income: $1870 Airbnb ROI: 3.01% Traditional ROI: 2.15%
5550 Bimini Drive Minnetonka, MN Rare end unit in the highly sought-after Beachside community, offering one of the largest ...	2 beds \| 3 baths \| 2,208 sq.ft.	$412,500	Airbnb cash on cash: 0.55% Traditional cash on cash: 3.47% Airbnb Rental Income: $1827 Traditional Rental Income: $2464 Airbnb ROI: 0.55% Traditional ROI: 3.47%
5510 Mahoney Avenue Minnetonka, MN Vaulted ceilings, hardwood floors, and a beautiful brick fireplace create a warm and invit...	4 beds \| 2 baths \| 1,950 sq.ft.	$485,000	Airbnb cash on cash: 2.47% Traditional cash on cash: 4.13% Airbnb Rental Income: $2629 Traditional Rental Income: $2756 Airbnb ROI: 2.47% Traditional ROI: 4.13%
6085 Rowland Road #312 Minnetonka, MN Top-floor, corner-unit living doesnât come around often... and this one delivers! With t...	3 beds \| 2 baths \| 1,315 sq.ft.	$239,900	Airbnb cash on cash: 2.62% Traditional cash on cash: 1.69% Airbnb Rental Income: $2800 Traditional Rental Income: $1934 Airbnb ROI: 2.62% Traditional ROI: 1.69%
4801 Spring Circle Minnetonka, MN 2BR/3BA townhouse unit at Clearsprings Townhomes community. This property offers 2-car det...	2 beds \| 3 baths \| 1,716 sq.ft.	$239,900	Airbnb cash on cash: 0.89% Traditional cash on cash: 5.04% Airbnb Rental Income: $1827 Traditional Rental Income: $2275 Airbnb ROI: 0.89% Traditional ROI: 5.04%
5601 Smetana Drive #813 Minnetonka, MN Perched high up on the 8th floor of Cloud 9 Flats in Minnetonka, this east-facing corner-u...	2 beds \| 2 baths \| 1,482 sq.ft.	$380,000	Airbnb cash on cash: -1.83% Traditional cash on cash: 1.56% Airbnb Rental Income: $1827 Traditional Rental Income: $2542 Airbnb ROI: -1.83% Traditional ROI: 1.56%
3244 Timberhill Court Minnetonka, MN Experience refined one-level living in this exceptional newer-built Charles Cudd rambler, ...	3 beds \| 3 baths \| 4,255 sq.ft.	$2,100,000	Airbnb cash on cash: -0.71% Traditional cash on cash: -0.34% Airbnb Rental Income: $2800 Traditional Rental Income: $2862 Airbnb ROI: -0.71% Traditional ROI: -0.34%
5601 Smetana Drive #217 Minnetonka, MN Best-priced unit in the building for its size! Recently reduced to $214,900âmotivated se...	1 beds \| 1 baths \| 1,018 sq.ft.	$214,900	Airbnb cash on cash: -4.65% Traditional cash on cash: 1.35% Airbnb Rental Income: $785 Traditional Rental Income: $1688 Airbnb ROI: -4.65% Traditional ROI: 1.35%
337 Willoughby Way W Minnetonka, MN Welcome to this stunning luxury townhome that has been extensively renovated and impeccabl...	3 beds \| 3 baths \| 2,665 sq.ft.	$589,900	Airbnb cash on cash: -0.31% Traditional cash on cash: 0.96% Airbnb Rental Income: $2800 Traditional Rental Income: $2844 Airbnb ROI: -0.31% Traditional ROI: 0.96%
14501 Atrium Way #225 Minnetonka, MN Spacious one-level Condo with resort-style amenities. Welcome to this beautifully updated...	2 beds \| 2 baths \| 1,343 sq.ft.	$269,000	Airbnb cash on cash: -1.68% Traditional cash on cash: 0.63% Airbnb Rental Income: $1827 Traditional Rental Income: $1920 Airbnb ROI: -1.68% Traditional ROI: 0.63%
3412 Oak Ridge Road #309 Minnetonka, MN Affordable condo living! HOA fee pays almost EVERYTHING: water, heating, AC, cable tv, hi...	2 beds \| 2 baths \| 1,470 sq.ft.	$199,990	Airbnb cash on cash: -1.32% Traditional cash on cash: 1.96% Airbnb Rental Income: $1827 Traditional Rental Income: $1956 Airbnb ROI: -1.32% Traditional ROI: 1.96%
16019 Birch Lane Minnetonka, MN Full of charm, warmth, and timeless character, this beautifully updated 4 bedroom 1.5 stor...	4 beds \| 3 baths \| 2,032 sq.ft.	$515,000	Airbnb cash on cash: 1.91% Traditional cash on cash: 3.93% Airbnb Rental Income: $2629 Traditional Rental Income: $2972 Airbnb ROI: 1.91% Traditional ROI: 3.93%
5607 Sanibel Drive Minnetonka, MN Welcome Home to this beautifully maintained, move-in ready townhome at 5607 Sanibel Drive!...	2 beds \| 2 baths \| 1,033 sq.ft.	$249,900	Airbnb cash on cash: 0.71% Traditional cash on cash: 2.33% Airbnb Rental Income: $1827 Traditional Rental Income: $1716 Airbnb ROI: 0.71% Traditional ROI: 2.33%
911 Sunnyview Lane Minnetonka, MN Welcome home to this sun-filled, beautifully updated 4-bedroom, 2-bath rambler in the high...	4 beds \| 2 baths \| 2,010 sq.ft.	$489,900	Airbnb cash on cash: 1.86% Traditional cash on cash: 3.02% Airbnb Rental Income: $2629 Traditional Rental Income: $2532 Airbnb ROI: 1.86% Traditional ROI: 3.02%
5542 Rowland Road Minnetonka, MN Welcome home to a space that blends comfort, charm, and connection to the outdoors. This b...	3 beds \| 2 baths \| 1,806 sq.ft.	$349,000	Airbnb cash on cash: 2.4% Traditional cash on cash: 2.91% Airbnb Rental Income: $2800 Traditional Rental Income: $2310 Airbnb ROI: 2.4% Traditional ROI: 2.91%
3000 Saint Albans Mill Road #111 Minnetonka, MN Welcome to this beautifully maintained 2-bedroom, 1-bathroom condo with sun-drenched windo...	2 beds \| 1 baths \| 1,012 sq.ft.	$319,000	Airbnb cash on cash: -0.53% Traditional cash on cash: -0.26% Airbnb Rental Income: $1827 Traditional Rental Income: $1414 Airbnb ROI: -0.53% Traditional ROI: -0.26%
5601 Smetana Drive #1012 Minnetonka, MN Experience penthouse living at Cloud 9 in this top (10th) floor unit with incredible views...	1 beds \| 1 baths \| 898 sq.ft.	$245,000	Airbnb cash on cash: -3.63% Traditional cash on cash: 0.76% Airbnb Rental Income: $785 Traditional Rental Income: $1480 Airbnb ROI: -3.63% Traditional ROI: 0.76%
4936 Shady Oak Road S Minnetonka, MN A rare opportunity to own a hard-to-find lake lot on Shady Oak Lake, offering a peaceful s...	4 beds \| 3 baths \| 1,491 sq.ft.	$530,000	Airbnb cash on cash: 1.69% Traditional cash on cash: 3.21% Airbnb Rental Income: $2629 Traditional Rental Income: $2759 Airbnb ROI: 1.69% Traditional ROI: 3.21%
10511 Cedar Lake Road #212 Minnetonka, MN Enjoy elevated main level living in this beautifully updated unit set within a quiet, soli...	2 beds \| 2 baths \| 1,192 sq.ft.	$225,000	Airbnb cash on cash: 0.59% Traditional cash on cash: 2.68% Airbnb Rental Income: $1827 Traditional Rental Income: $1779 Airbnb ROI: 0.59% Traditional ROI: 2.68%
900 Sunset Drive S Minnetonka, MN Beautifully updated main-level living in the Wayzata School District, just a short walk to...	4 beds \| 3 baths \| 2,714 sq.ft.	$649,900	Airbnb cash on cash: 1.02% Traditional cash on cash: 3% Airbnb Rental Income: $2629 Traditional Rental Income: $3204 Airbnb ROI: 1.02% Traditional ROI: 3%
2807 McKenzie Point Road Minnetonka, MN Incredible East-facing setting with private views across minimum wake section of Wayzata B...	3 beds \| 3 baths \| 3,021 sq.ft.	$2,595,000	Airbnb cash on cash: -1.6% Traditional cash on cash: -1.08% Airbnb Rental Income: $2800 Traditional Rental Income: $3386 Airbnb ROI: -1.6% Traditional ROI: -1.08%
3416 Robinwood Spur Minnetonka, MN Welcome to 3416 Robinwood Spur. Situated on a generous corner lot, this beautiful home ble...	4 beds \| 2 baths \| 2,290 sq.ft.	$625,000	Airbnb cash on cash: 1.18% Traditional cash on cash: 2.27% Airbnb Rental Income: $2629 Traditional Rental Income: $2637 Airbnb ROI: 1.18% Traditional ROI: 2.27%
5623 Pompano Drive Minnetonka, MN Discover this inviting 2-bed, 2-bath with an attached 2-stall garage. Close, easy access t...	2 beds \| 2 baths \| 1,242 sq.ft.	$279,900	Airbnb cash on cash: 1.37% Traditional cash on cash: 3.29% Airbnb Rental Income: $1827 Traditional Rental Income: $1842 Airbnb ROI: 1.37% Traditional ROI: 3.29%
2612 Crosby Road Minnetonka, MN Nestled on the scenic shores of Lake Minnetonka, 2612 Crosby Road is a stunning 5-bedroom,...	5 beds \| 4 baths \| 6,214 sq.ft.	$3,995,000	Airbnb cash on cash: -1.91% Traditional cash on cash: -1.28% Airbnb Rental Income: $2866 Traditional Rental Income: $4527 Airbnb ROI: -1.91% Traditional ROI: -1.28%
5645 Green Circle Drive #111 Minnetonka, MN Low maintenance living that truly takes the stress out of everything! Your HOA covers all...	2 beds \| 2 baths \| 1,055 sq.ft.	$167,400	Airbnb cash on cash: 2.43% Traditional cash on cash: 4.06% Airbnb Rental Income: $1827 Traditional Rental Income: $1593 Airbnb ROI: 2.43% Traditional ROI: 4.06%
11324 Fetterly Road W Minnetonka, MN Stunning mid-century home with timeless character and modern updates throughout! This 4-be...	4 beds \| 3 baths \| 2,933 sq.ft.	$750,000	Airbnb cash on cash: 0.62% Traditional cash on cash: 2.54% Airbnb Rental Income: $2629 Traditional Rental Income: $3345 Airbnb ROI: 0.62% Traditional ROI: 2.54%
11608 Live Oak Drive Minnetonka, MN Tucked into a peaceful setting just moments from downtown, this beautifully updated 3-bedr...	3 beds \| 3 baths \| 2,836 sq.ft.	$795,000	Airbnb cash on cash: 0.63% Traditional cash on cash: 1.96% Airbnb Rental Income: $2800 Traditional Rental Income: $3131 Airbnb ROI: 0.63% Traditional ROI: 1.96%

Real Estate investment in Minnetonka, MN

There are 123 properties for sale in the city of Minnetonka . The median list price in Minnetonka is $520,000 and the average price per square foot is $211. In May 2026, the average monthly cash on cash return in Minnetonka is 3.00%. The average monthly rental income in Minnetonka is $2,556.

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

There are 123 investment properties available for sale in Minnetonka.

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

The ROI for Long-Term is higher than the Short-Term in Minnetonka with average rental income of $2,556.

Your search for investment property begins and ends here

Investment Property for Sale in Minnetonka, MN

16217 Gleason Lake Road

Minnetonka, MN

1 beds | 1 baths | 600 sq.ft.

$349,000

Airbnb cash on cash: -0.67%

Traditional cash on cash: 1.39%

Airbnb Rental Income: $785

Traditional Rental Income: $1139

Airbnb ROI: -0.67%

Traditional ROI: 1.39%

16408 Norwood Lane

Minnetonka, MN

4 beds | 2 baths | 2,114 sq.ft.

$550,000

Airbnb cash on cash: 1.88%

Traditional cash on cash: 2.97%

Airbnb Rental Income: $2629

Traditional Rental Income: $2561

Airbnb ROI: 1.88%

Traditional ROI: 2.97%

10311 Cedar Lake Road #103

Minnetonka, MN

2 beds | 2 baths | 1,180 sq.ft.

$165,000

Airbnb cash on cash: 1.85%

Traditional cash on cash: 4.56%

Airbnb Rental Income: $1827

Traditional Rental Income: $1761

Airbnb ROI: 1.85%

Traditional ROI: 4.56%

5970 Chasewood Parkway #201

Minnetonka, MN

2 beds | 2 baths | 1,125 sq.ft.

$219,900

Airbnb cash on cash: 0.94%

Traditional cash on cash: 3.15%

Airbnb Rental Income: $1827

Traditional Rental Income: $1792

Airbnb ROI: 0.94%

Traditional ROI: 3.15%

18721 Clear View Court

Minnetonka, MN

2 beds | 2 baths | 1,404 sq.ft.

$275,000

Airbnb cash on cash: 0.67%

Traditional cash on cash: 3.11%

Airbnb Rental Income: $1827

Traditional Rental Income: $1968

Airbnb ROI: 0.67%

Traditional ROI: 3.11%

13200 Excelsior Boulevard

Minnetonka, MN

3 beds | 2 baths | 2,004 sq.ft.

$650,000

Airbnb cash on cash: 1.65%

Traditional cash on cash: 2.36%

Airbnb Rental Income: $2800

Traditional Rental Income: $2573

Airbnb ROI: 1.65%

Traditional ROI: 2.36%

2700 Olde Wood Court

Minnetonka, MN

4 beds | 4 baths | 4,333 sq.ft.

$999,900

Airbnb cash on cash: 0.21%

Traditional cash on cash: 2.17%

Airbnb Rental Income: $2629

Traditional Rental Income: $3825

Airbnb ROI: 0.21%

Traditional ROI: 2.17%

5420 Spring Lane

Minnetonka, MN

4 beds | 2 baths | 2,376 sq.ft.

$619,900

Airbnb cash on cash: 1.16%

Traditional cash on cash: 2.14%

Airbnb Rental Income: $2629

Traditional Rental Income: $2568

Airbnb ROI: 1.16%