Real Estate Investment Properties for Sale in New Ulm, MN

Looking for investment property in New Ulm, MN with high ROI ?

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

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
12991 Meadow Creek Dr New Ulm, MN Welcome to this updated 4BR/3BA rambler with open-concept layout and numerous recent upgra...	4 beds \| 3 baths \| 3,430 sq.ft.	$399,900	Airbnb cash on cash: N/A Traditional cash on cash: 6.59% Airbnb Rental Income: $null Traditional Rental Income: $3182 Airbnb ROI: N/A Traditional ROI: 6.59%
927 N State Street New Ulm, MN Wonderful corner lot in the heart of New Ulm. Beautiful brick exterior with an abundance o...	3 beds \| 2 baths \| 1,612 sq.ft.	$247,000	Airbnb cash on cash: N/A Traditional cash on cash: 6.77% Airbnb Rental Income: $null Traditional Rental Income: $2119 Airbnb ROI: N/A Traditional ROI: 6.77%
1010 S Washington St New Ulm, MN Come on in! This two-bedroom, one-bath rambler features, nice size living room, family roo...	2 beds \| 1 baths \| 1,636 sq.ft.	$199,900	Airbnb cash on cash: 4.89% Traditional cash on cash: 5.44% Airbnb Rental Income: $1824 Traditional Rental Income: $1436 Airbnb ROI: 4.89% Traditional ROI: 5.44%
819 North Washington St New Ulm, MN WELCOME HOME! This tastefully decorated and well cared for home is ready for you! The eat...	3 beds \| 1 baths \| 1,416 sq.ft.	$249,900	Airbnb cash on cash: N/A Traditional cash on cash: 4.93% Airbnb Rental Income: $null Traditional Rental Income: $1653 Airbnb ROI: N/A Traditional ROI: 4.93%
1104 S Payne St New Ulm, MN Great 3+ plus bedroom rambler with large lot. Updates: Cambria countertops, replacement wi...	3 beds \| 1 baths \| 1,270 sq.ft.	$219,900	Airbnb cash on cash: N/A Traditional cash on cash: 5.89% Airbnb Rental Income: $null Traditional Rental Income: $1737 Airbnb ROI: N/A Traditional ROI: 5.89%
800 S Franklin St New Ulm, MN 2 bedroom home has open floor plan, updated kitchen and bath. Kitchen has center island a...	2 beds \| 1 baths \| 896 sq.ft.	$153,900	Airbnb cash on cash: 6.62% Traditional cash on cash: 5.69% Airbnb Rental Income: $1824 Traditional Rental Income: $1195 Airbnb ROI: 6.62% Traditional ROI: 5.69%
921 N Payne St New Ulm, MN Welcome to 921 N Payne Street in New Ulm! This well-maintained 4 bedroom, 2 bathroom home ...	4 beds \| 2 baths \| 2,282 sq.ft.	$275,000	Airbnb cash on cash: N/A Traditional cash on cash: 8.07% Airbnb Rental Income: $null Traditional Rental Income: $2701 Airbnb ROI: N/A Traditional ROI: 8.07%
39243 561st Ave New Ulm, MN 39243 561st Ave, New Ulm, MN 56073 \| Single Family Residential	5 beds \| 1 baths \| 2,534 sq.ft.	$725,000	Airbnb cash on cash: 0% Traditional cash on cash: 0.46% Airbnb Rental Income: $2055 Traditional Rental Income: $1833 Airbnb ROI: 0% Traditional ROI: 0.46%
Haeberle Ave New Ulm, MN Haeberle Ave, New Ulm, MN 56073 \| Other	N/A beds \| N/A baths \| N/A	$69,900	Airbnb cash on cash: N/A Traditional cash on cash: 7.83% Airbnb Rental Income: $null Traditional Rental Income: $781 Airbnb ROI: N/A Traditional ROI: 7.83%
1430 N 6th St New Ulm, MN 1430 N 6th St, New Ulm, MN 56073 \| Other	N/A beds \| N/A baths \| N/A	$125,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.57% Airbnb Rental Income: $null Traditional Rental Income: $776 Airbnb ROI: N/A Traditional ROI: 3.57%
TBD Water St New Ulm, MN TBD Water St, New Ulm, MN 56073 \| Other	N/A beds \| N/A baths \| N/A	$134,900	Airbnb cash on cash: N/A Traditional cash on cash: 3.17% Airbnb Rental Income: $null Traditional Rental Income: $776 Airbnb ROI: N/A Traditional ROI: 3.17%
TBD N 6th St New Ulm, MN TBD N 6th St, New Ulm, MN 56073 \| Other	N/A beds \| N/A baths \| N/A	$125,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.57% Airbnb Rental Income: $null Traditional Rental Income: $776 Airbnb ROI: N/A Traditional ROI: 3.57%
TBD Windhaven Ln New Ulm, MN TBD Windhaven Ln, New Ulm, MN \| Other	N/A beds \| N/A baths \| 1,879 sq.ft.	$325,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.28% Airbnb Rental Income: $null Traditional Rental Income: $2045 Airbnb ROI: N/A Traditional ROI: 4.28%
TBD N 12th St New Ulm, MN TBD N 12th St, New Ulm, MN 56073 \| Other	N/A beds \| N/A baths \| 1,008 sq.ft.	$69,900	Airbnb cash on cash: N/A Traditional cash on cash: 7.79% Airbnb Rental Income: $null Traditional Rental Income: $778 Airbnb ROI: N/A Traditional ROI: 7.79%
TBD N 12t5h St New Ulm, MN TBD N 12t5h St, New Ulm, MN 56073 \| Other	N/A beds \| N/A baths \| N/A	$64,900	Airbnb cash on cash: N/A Traditional cash on cash: 8.49% Airbnb Rental Income: $null Traditional Rental Income: $778 Airbnb ROI: N/A Traditional ROI: 8.49%
669 Waraju Ave New Ulm, MN Looking for a Twin Home in 2026? Here it is. You can pick out most any amenities for the h...	2 beds \| 2 baths \| 1,822 sq.ft.	$405,000	Airbnb cash on cash: 2.23% Traditional cash on cash: 5.21% Airbnb Rental Income: $1824 Traditional Rental Income: $2463 Airbnb ROI: 2.23% Traditional ROI: 5.21%
70 Jonathon Dr New Ulm, MN 70 Jonathon Dr, New Ulm, MN 56073 \| Single Family Residential	5 beds \| 3 baths \| 5,992 sq.ft.	$589,900	Airbnb cash on cash: 0.48% Traditional cash on cash: 3.45% Airbnb Rental Income: $2055 Traditional Rental Income: $3158 Airbnb ROI: 0.48% Traditional ROI: 3.45%
222 S Washington St New Ulm, MN 222 S Washington St, New Ulm, MN 56073 \| Single Family Residential	3 beds \| 3 baths \| 2,526 sq.ft.	$299,900	Airbnb cash on cash: N/A Traditional cash on cash: 8.25% Airbnb Rental Income: $null Traditional Rental Income: $3019 Airbnb ROI: N/A Traditional ROI: 8.25%
1443 N 7th St New Ulm, MN 1443 N 7th St, New Ulm, MN 56073 \| Single Family Residential	2 beds \| 2 baths \| 2,016 sq.ft.	$424,900	Airbnb cash on cash: 1% Traditional cash on cash: 4% Airbnb Rental Income: $1824 Traditional Rental Income: $2525 Airbnb ROI: 1% Traditional ROI: 4%
14 Village Ln New Ulm, MN 14 Village Ln, New Ulm, MN 56073 \| Single Family Residential	4 beds \| 2 baths \| 2,260 sq.ft.	$419,900	Airbnb cash on cash: N/A Traditional cash on cash: 4.66% Airbnb Rental Income: $null Traditional Rental Income: $2757 Airbnb ROI: N/A Traditional ROI: 4.66%
2412 Lake Ave New Ulm, MN 2412 Lake Ave, New Ulm, MN 56073 \| Other	N/A beds \| N/A baths \| N/A	$79,900	Airbnb cash on cash: N/A Traditional cash on cash: 7.9% Airbnb Rental Income: $null Traditional Rental Income: $879 Airbnb ROI: N/A Traditional ROI: 7.9%
700 N State St New Ulm, MN Beautiful two-story brick home is ready for its new owners! Huge front porch, one stall at...	4 beds \| 1 baths \| 2,233 sq.ft.	$259,000	Airbnb cash on cash: N/A Traditional cash on cash: 7.85% Airbnb Rental Income: $null Traditional Rental Income: $2462 Airbnb ROI: N/A Traditional ROI: 7.85%
5 Whitney Ln New Ulm, MN 5 Whitney Ln, New Ulm, MN 56073 \| Single Family Residential	6 beds \| 4 baths \| 4,963 sq.ft.	$565,000	Airbnb cash on cash: 0.6% Traditional cash on cash: 4.91% Airbnb Rental Income: $2055 Traditional Rental Income: $3798 Airbnb ROI: 0.6% Traditional ROI: 4.91%
6 Hazelwood Avenue New Ulm, MN Many updates since their ownership from top to bottom!! Pride in ownership shines through ...	3 beds \| 2 baths \| 2,082 sq.ft.	$319,900	Airbnb cash on cash: N/A Traditional cash on cash: 6.24% Airbnb Rental Income: $null Traditional Rental Income: $2576 Airbnb ROI: N/A Traditional ROI: 6.24%
710 Summit Ave New Ulm, MN Situated on an oversized in-town lot, this spacious single-family home offers an exception...	4 beds \| 4 baths \| 4,545 sq.ft.	$874,900	Airbnb cash on cash: N/A Traditional cash on cash: 4.48% Airbnb Rental Income: $null Traditional Rental Income: $5385 Airbnb ROI: N/A Traditional ROI: 4.48%
712 S Washington Street New Ulm, MN Updated throughout with fresh paint and new flooring, this 3-bedroom, 2-bath single-family...	3 beds \| 2 baths \| 1,992 sq.ft.	$299,900	Airbnb cash on cash: N/A Traditional cash on cash: 6.94% Airbnb Rental Income: $null Traditional Rental Income: $2637 Airbnb ROI: N/A Traditional ROI: 6.94%
207 S Minnesota St New Ulm, MN 207 S Minnesota St, New Ulm, MN 56073 \| Single Family Residential	2 beds \| 2 baths \| 1,294 sq.ft.	$189,900	Airbnb cash on cash: 4.76% Traditional cash on cash: 6.82% Airbnb Rental Income: $1824 Traditional Rental Income: $1704 Airbnb ROI: 4.76% Traditional ROI: 6.82%
13079 Meadow Creek Dr New Ulm, MN 13079 Meadow Creek Dr, New Ulm, MN 56073 \| Single Family Residential	4 beds \| 2 baths \| 3,522 sq.ft.	$489,900	Airbnb cash on cash: N/A Traditional cash on cash: 2.94% Airbnb Rental Income: $null Traditional Rental Income: $2406 Airbnb ROI: N/A Traditional ROI: 2.94%
61785 Sunset Ln New Ulm, MN 61785 Sunset Ln, New Ulm, MN 56073 \| Single Family Residential	4 beds \| 2 baths \| 2,375 sq.ft.	$449,900	Airbnb cash on cash: N/A Traditional cash on cash: 3.83% Airbnb Rental Income: $null Traditional Rental Income: $2595 Airbnb ROI: N/A Traditional ROI: 3.83%
12986 Meadow Creek Dr New Ulm, MN 12986 Meadow Creek Dr, New Ulm, MN 56073 \| Single Family Residential	3 beds \| 2 baths \| 1,708 sq.ft.	$389,900	Airbnb cash on cash: N/A Traditional cash on cash: 4.65% Airbnb Rental Income: $null Traditional Rental Income: $2564 Airbnb ROI: N/A Traditional ROI: 4.65%
1217 Settler Trl New Ulm, MN 1217 Settler Trl, New Ulm, MN 56073 \| Other	N/A beds \| N/A baths \| N/A	$74,900	Airbnb cash on cash: N/A Traditional cash on cash: 8.69% Airbnb Rental Income: $null Traditional Rental Income: $891 Airbnb ROI: N/A Traditional ROI: 8.69%
1900 Alison Ave New Ulm, MN 1900 Alison Ave, New Ulm, MN 56073 \| Other	N/A beds \| N/A baths \| N/A	$84,900	Airbnb cash on cash: N/A Traditional cash on cash: 7.51% Airbnb Rental Income: $null Traditional Rental Income: $892 Airbnb ROI: N/A Traditional ROI: 7.51%
323 N German St #2B New Ulm, MN 323 N German St #2B, New Ulm, MN 56073 \| Condo/Coop	2 beds \| 1 baths \| 759 sq.ft.	$89,900	Airbnb cash on cash: 9.46% Traditional cash on cash: 8.71% Airbnb Rental Income: $1824 Traditional Rental Income: $1265 Airbnb ROI: 9.46% Traditional ROI: 8.71%
1306 S German St New Ulm, MN 1306 S German St, New Ulm, MN 56073 \| Single Family Residential	2 beds \| 1 baths \| 1,152 sq.ft.	$168,500	Airbnb cash on cash: 5.6% Traditional cash on cash: 6.29% Airbnb Rental Income: $1824 Traditional Rental Income: $1442 Airbnb ROI: 5.6% Traditional ROI: 6.29%
30 Lincoln Ln New Ulm, MN Spacious and well-cared-for 4-bedroom, 2-bath home offering an inviting open-concept layou...	4 beds \| 2 baths \| 3,060 sq.ft.	$374,900	Airbnb cash on cash: N/A Traditional cash on cash: 5.63% Airbnb Rental Income: $null Traditional Rental Income: $2869 Airbnb ROI: N/A Traditional ROI: 5.63%
525 S Washington Street New Ulm, MN This beautiful home features a spacious 3 season porch with a wonderful wrap around view. ...	3 beds \| 2 baths \| 1,385 sq.ft.	$213,000	Airbnb cash on cash: N/A Traditional cash on cash: 7.99% Airbnb Rental Income: $null Traditional Rental Income: $2126 Airbnb ROI: N/A Traditional ROI: 7.99%
1820 Turner Rd New Ulm, MN 1820 Turner Rd, New Ulm, MN 56073 \| Single Family Residential	5 beds \| 3 baths \| 3,696 sq.ft.	$579,900	Airbnb cash on cash: 0.53% Traditional cash on cash: 3.99% Airbnb Rental Income: $2055 Traditional Rental Income: $3396 Airbnb ROI: 0.53% Traditional ROI: 3.99%
422 S Broadway Street New Ulm, MN Step into timeless charm and character in this beautifully maintained 5-bedroom, 3-bath ho...	5 beds \| 3 baths \| 3,584 sq.ft.	$254,900	Airbnb cash on cash: 3.71% Traditional cash on cash: 10.19% Airbnb Rental Income: $2055 Traditional Rental Income: $3083 Airbnb ROI: 3.71% Traditional ROI: 10.19%

Real Estate investment in New-ulm, MN

There are 59 properties for sale in the city of New Ulm . The median list price in New Ulm is $264,842 and the average price per square foot is $123. In August 2026, the average monthly cash on cash return in New Ulm is 7.00%. The average monthly rental income in New Ulm is $2,324.

New-ulm, MN Real Estate Investing: FAQs for Buyers, Sellers and Investors

There are 59 investment properties available for sale in New-ulm.

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

The ROI for Long-Term is higher than the Short-Term in New-ulm with average rental income of $2,324.

Your search for investment property begins and ends here

Investment Property for Sale in New Ulm, MN

12991 Meadow Creek Dr

New Ulm, MN

4 beds | 3 baths | 3,430 sq.ft.

$399,900

Airbnb cash on cash: N/A

Traditional cash on cash: 6.59%

Airbnb Rental Income: $null

Traditional Rental Income: $3182

Airbnb ROI: N/A

Traditional ROI: 6.59%

927 N State Street

New Ulm, MN

3 beds | 2 baths | 1,612 sq.ft.

$247,000

Airbnb cash on cash: N/A

Traditional cash on cash: 6.77%

Airbnb Rental Income: $null

Traditional Rental Income: $2119

Airbnb ROI: N/A

Traditional ROI: 6.77%

1010 S Washington St

New Ulm, MN

2 beds | 1 baths | 1,636 sq.ft.

$199,900

Airbnb cash on cash: 4.89%

Traditional cash on cash: 5.44%

Airbnb Rental Income: $1824

Traditional Rental Income: $1436

Airbnb ROI: 4.89%

Traditional ROI: 5.44%

819 North Washington St

New Ulm, MN

3 beds | 1 baths | 1,416 sq.ft.

$249,900

Airbnb cash on cash: N/A

Traditional cash on cash: 4.93%

Airbnb Rental Income: $null

Traditional Rental Income: $1653

Airbnb ROI: N/A

Traditional ROI: 4.93%

1104 S Payne St

New Ulm, MN

3 beds | 1 baths | 1,270 sq.ft.

$219,900

Airbnb cash on cash: N/A

Traditional cash on cash: 5.89%

Airbnb Rental Income: $null

Traditional Rental Income: $1737

Airbnb ROI: N/A

Traditional ROI: 5.89%

800 S Franklin St

New Ulm, MN

2 beds | 1 baths | 896 sq.ft.

$153,900

Airbnb cash on cash: 6.62%

Traditional cash on cash: 5.69%

Airbnb Rental Income: $1824

Traditional Rental Income: $1195

Airbnb ROI: 6.62%

Traditional ROI: 5.69%

921 N Payne St

New Ulm, MN

4 beds | 2 baths | 2,282 sq.ft.

$275,000

Airbnb cash on cash: N/A

Traditional cash on cash: 8.07%

Airbnb Rental Income: $null

Traditional Rental Income: $2701

Airbnb ROI: N/A

Traditional ROI: 8.07%

39243 561st Ave

New Ulm, MN

5 beds | 1 baths | 2,534 sq.ft.

$725,000

Airbnb cash on cash: 0%

Traditional cash on cash: 0.46%

Airbnb Rental Income: $2055

Traditional Rental Income: $1833

Airbnb ROI: 0%