Real Estate Investment Properties for Sale in Owatonna, MN

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

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

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
522 S Oak Avenue Owatonna, MN Discover the potential in this 4-bedroom home offering a great opportunity for those looki...	3 beds \| 1 baths \| 1,489 sq.ft.	$160,000	Airbnb cash on cash: N/A Traditional cash on cash: 8.18% Airbnb Rental Income: $null Traditional Rental Income: $1714 Airbnb ROI: N/A Traditional ROI: 8.18%
2595 Fox Hollow Lane Owatonna, MN Welcome home to 2595 Fox Hollow Lane, a beautifully maintained 4-bedroom, 3-bath residence...	4 beds \| 3 baths \| 2,438 sq.ft.	$460,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.26% Airbnb Rental Income: $null Traditional Rental Income: $2863 Airbnb ROI: N/A Traditional ROI: 4.26%
633 11th Street SE Owatonna, MN Discover the epitome of mid-century modern. With just under 4,000 finished sq ft and a lay...	4 beds \| 4 baths \| 3,933 sq.ft.	$468,500	Airbnb cash on cash: N/A Traditional cash on cash: 6.84% Airbnb Rental Income: $null Traditional Rental Income: $3992 Airbnb ROI: N/A Traditional ROI: 6.84%
875 18th Street SE Owatonna, MN Welcome Home! This beautiful 4-bedroom, 2-bath split-level is move-in ready with brand new...	4 beds \| 2 baths \| 2,018 sq.ft.	$325,000	Airbnb cash on cash: N/A Traditional cash on cash: 6.04% Airbnb Rental Income: $null Traditional Rental Income: $2627 Airbnb ROI: N/A Traditional ROI: 6.04%
506 15th Street SE Owatonna, MN Don't miss this inviting ranch home perfectly located near parks and schools! Featuring 4 ...	4 beds \| 2 baths \| 1,885 sq.ft.	$279,900	Airbnb cash on cash: N/A Traditional cash on cash: 7.08% Airbnb Rental Income: $null Traditional Rental Income: $2498 Airbnb ROI: N/A Traditional ROI: 7.08%
719 Truman Avenue Owatonna, MN Welcome home to this cozy charmer tucked perfectly near all the most desirable spots in o...	3 beds \| 2 baths \| 1,354 sq.ft.	$239,900	Airbnb cash on cash: N/A Traditional cash on cash: 7.16% Airbnb Rental Income: $null Traditional Rental Income: $2097 Airbnb ROI: N/A Traditional ROI: 7.16%
1212 S Grove Avenue Owatonna, MN Take a look at this adorable home in the heart of Owatonna. Enjoy cooking in the large eat...	3 beds \| 2 baths \| 1,380 sq.ft.	$225,000	Airbnb cash on cash: N/A Traditional cash on cash: 7.18% Airbnb Rental Income: $null Traditional Rental Income: $2100 Airbnb ROI: N/A Traditional ROI: 7.18%
1801 Linn Drive Owatonna, MN Discover the potential in this generous 4 bed, 2 bath residence. Boasting ample living spa...	4 beds \| 2 baths \| 1,908 sq.ft.	$179,900	Airbnb cash on cash: N/A Traditional cash on cash: 11.33% Airbnb Rental Income: $null Traditional Rental Income: $2466 Airbnb ROI: N/A Traditional ROI: 11.33%
873 Escalade Lane SE Owatonna, MN Looking for a home that truly fits your lifestyle? We can build your dream home - ranch, s...	2 beds \| 2 baths \| 1,356 sq.ft.	$385,900	Airbnb cash on cash: N/A Traditional cash on cash: 3.5% Airbnb Rental Income: $null Traditional Rental Income: $2132 Airbnb ROI: N/A Traditional ROI: 3.5%
1447 Nottingham Drive Owatonna, MN Well-Maintained 5-Bedroom, 3-Bath Home with Over 3,100 Finished Sq Ft and 816 Sq Ft Garage...	5 beds \| 3 baths \| 3,162 sq.ft.	$474,900	Airbnb cash on cash: N/A Traditional cash on cash: 4.53% Airbnb Rental Income: $null Traditional Rental Income: $3117 Airbnb ROI: N/A Traditional ROI: 4.53%
2017 Havana Road Owatonna, MN Looking for the perfect equestrian estate? This exquisite income producing ranch will mee...	5 beds \| 5 baths \| 4,035 sq.ft.	$1,500,000	Airbnb cash on cash: N/A Traditional cash on cash: 1.86% Airbnb Rental Income: $null Traditional Rental Income: $4743 Airbnb ROI: N/A Traditional ROI: 1.86%
2834 Meadowview Lane NE Owatonna, MN Beautiful New Townhome! Ready to simplify your life without compromising on style or comfo...	2 beds \| 2 baths \| 1,531 sq.ft.	$376,500	Airbnb cash on cash: N/A Traditional cash on cash: 4.82% Airbnb Rental Income: $null Traditional Rental Income: $2410 Airbnb ROI: N/A Traditional ROI: 4.82%
1816 Evergreen Place NE Owatonna, MN Charming and well maintained 2 bedroom 1 3/4 bathroom townhome! This single-level home fea...	2 beds \| 2 baths \| 1,288 sq.ft.	$290,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.58% Airbnb Rental Income: $null Traditional Rental Income: $1927 Airbnb ROI: N/A Traditional ROI: 3.58%
338 South Street Owatonna, MN Welcome to this charming two story home! Boasting three bedrooms, two and a half baths, ...	3 beds \| 3 baths \| 2,004 sq.ft.	$256,000	Airbnb cash on cash: N/A Traditional cash on cash: 9.48% Airbnb Rental Income: $null Traditional Rental Income: $2850 Airbnb ROI: N/A Traditional ROI: 9.48%
221 E Park Street Owatonna, MN Welcome (back) to this delightful home that blends comfort and convenience in one inviting...	3 beds \| 1 baths \| 965 sq.ft.	$208,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.32% Airbnb Rental Income: $null Traditional Rental Income: $1531 Airbnb ROI: N/A Traditional ROI: 5.32%
1560 Gray Fox Drive NE Owatonna, MN Beautiful One Level Living! This slab on grade home features a spacious open floor plan. V...	3 beds \| 2 baths \| 1,400 sq.ft.	$374,900	Airbnb cash on cash: N/A Traditional cash on cash: 5.21% Airbnb Rental Income: $null Traditional Rental Income: $2326 Airbnb ROI: N/A Traditional ROI: 5.21%
1325 Mineral Spgs Road Owatonna, MN This exceptional 5BD/5BA estate offers a unique blend of privacy, luxury, and modern desig...	5 beds \| 5 baths \| 6,114 sq.ft.	$759,900	Airbnb cash on cash: N/A Traditional cash on cash: 4.79% Airbnb Rental Income: $null Traditional Rental Income: $5171 Airbnb ROI: N/A Traditional ROI: 4.79%
1808 Creekside Drive NE Owatonna, MN Beautiful and well-maintained 5 bedroom, 3 bathroom home with 3,200 finished square feet! ...	5 beds \| 3 baths \| 3,200 sq.ft.	$550,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.51% Airbnb Rental Income: $null Traditional Rental Income: $3092 Airbnb ROI: N/A Traditional ROI: 3.51%
240 South Street Owatonna, MN In the heart of Owatonna, this homes timeless charm has been beautifully maintained. A two...	3 beds \| 2 baths \| 2,737 sq.ft.	$279,900	Airbnb cash on cash: N/A Traditional cash on cash: 6.98% Airbnb Rental Income: $null Traditional Rental Income: $2598 Airbnb ROI: N/A Traditional ROI: 6.98%
248 E School Street Owatonna, MN Discover this charming Craftsman-style home recently updated to blend timeless character w...	3 beds \| 2 baths \| 1,673 sq.ft.	$269,000	Airbnb cash on cash: N/A Traditional cash on cash: 6.66% Airbnb Rental Income: $null Traditional Rental Income: $2331 Airbnb ROI: N/A Traditional ROI: 6.66%
140 Cedar Cove Lane Owatonna, MN Enjoy easy, low-maintenance living in Cedar Cove! This 2-bedroom, 2-bath split-level townh...	2 beds \| 2 baths \| 1,613 sq.ft.	$237,500	Airbnb cash on cash: N/A Traditional cash on cash: 6.21% Airbnb Rental Income: $null Traditional Rental Income: $2208 Airbnb ROI: N/A Traditional ROI: 6.21%
2882 Meadowview Lane NE Owatonna, MN Immaculate Zero-Entry Townhome! This just like new 2 bedroom 2 bath single-level living ho...	2 beds \| 2 baths \| 1,511 sq.ft.	$352,900	Airbnb cash on cash: N/A Traditional cash on cash: 4.11% Airbnb Rental Income: $null Traditional Rental Income: $2415 Airbnb ROI: N/A Traditional ROI: 4.11%
116 Selby Avenue Owatonna, MN Spacious bi-level split conveniently located in Owatonna, MNâ Welcome to 116 Selby Ave. ...	4 beds \| 2 baths \| 2,696 sq.ft.	$299,900	Airbnb cash on cash: N/A Traditional cash on cash: 7.17% Airbnb Rental Income: $null Traditional Rental Income: $2782 Airbnb ROI: N/A Traditional ROI: 7.17%
1299 Bellflower Lane NE Owatonna, MN Charming Two-Story Home with Modern Comforts and Prime Location Step into this inviting 1...	3 beds \| 4 baths \| 2,880 sq.ft.	$360,000	Airbnb cash on cash: N/A Traditional cash on cash: 6.71% Airbnb Rental Income: $null Traditional Rental Income: $3236 Airbnb ROI: N/A Traditional ROI: 6.71%
228 13th Street SW Owatonna, MN Charming and spacious 3 bedroom, 1 3/4 bathroom rambler located in the southwest side of O...	3 beds \| 2 baths \| 2,372 sq.ft.	$249,900	Airbnb cash on cash: N/A Traditional cash on cash: 8.26% Airbnb Rental Income: $null Traditional Rental Income: $2571 Airbnb ROI: N/A Traditional ROI: 8.26%
203 E Mckinley Street Owatonna, MN This home has been in the same family for decades! Be the next one to start your own legac...	3 beds \| 1 baths \| 1,547 sq.ft.	$175,000	Airbnb cash on cash: N/A Traditional cash on cash: 7.49% Airbnb Rental Income: $null Traditional Rental Income: $1738 Airbnb ROI: N/A Traditional ROI: 7.49%
1515 3rd Avenue NE Owatonna, MN This charming 4 bedroom, 2 bathroom home is perfectly situated in a peaceful neighborhood ...	4 beds \| 2 baths \| 2,149 sq.ft.	$345,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.75% Airbnb Rental Income: $null Traditional Rental Income: $2619 Airbnb ROI: N/A Traditional ROI: 5.75%
358 18th Street SW Owatonna, MN The perks of making this home yours are threefoldâ¦ and thatâs just the beginning! Letâ...	3 beds \| 3 baths \| 1,278 sq.ft.	$299,999	Airbnb cash on cash: N/A Traditional cash on cash: 6.06% Airbnb Rental Income: $null Traditional Rental Income: $2317 Airbnb ROI: N/A Traditional ROI: 6.06%
1310 SE Greenleaf Road Owatonna, MN HONEY STOP THE CAR!! If you are looking for an entry level quality built new constructi...	2 beds \| 1 baths \| 1,008 sq.ft.	$383,500	Airbnb cash on cash: N/A Traditional cash on cash: 3.53% Airbnb Rental Income: $null Traditional Rental Income: $1771 Airbnb ROI: N/A Traditional ROI: 3.53%
1330 Greenleaf Road Owatonna, MN If you are looking for a entry level quality built new construction home in a mature neigh...	2 beds \| 2 baths \| 1,142 sq.ft.	$399,500	Airbnb cash on cash: N/A Traditional cash on cash: 4.18% Airbnb Rental Income: $null Traditional Rental Income: $2080 Airbnb ROI: N/A Traditional ROI: 4.18%
1360 Greenleaf Road Owatonna, MN If you are looking for a entry level quality built new construction home in a mature neigh...	2 beds \| 2 baths \| 1,142 sq.ft.	$414,500	Airbnb cash on cash: N/A Traditional cash on cash: 3.99% Airbnb Rental Income: $null Traditional Rental Income: $2080 Airbnb ROI: N/A Traditional ROI: 3.99%
246 Beech Avenue Owatonna, MN Spacious 3-bedroom, 3-bath home featuring a bright and open main floor layout, perfect for...	3 beds \| 3 baths \| 2,136 sq.ft.	$239,900	Airbnb cash on cash: N/A Traditional cash on cash: 10.37% Airbnb Rental Income: $null Traditional Rental Income: $2947 Airbnb ROI: N/A Traditional ROI: 10.37%
2065 Raspberry Ridge Place NE Owatonna, MN Beauty, quality and space abound in this lovely, light-filled 3 bedroom / 3 full bathroom ...	3 beds \| 3 baths \| 2,726 sq.ft.	$407,900	Airbnb cash on cash: N/A Traditional cash on cash: 3.72% Airbnb Rental Income: $null Traditional Rental Income: $2794 Airbnb ROI: N/A Traditional ROI: 3.72%
805 22nd Street SE Owatonna, MN This Beautiful and INVITING immaculate 3 bdrm, 3 bath townhome sits on a beautifully lands...	3 beds \| 3 baths \| 2,414 sq.ft.	$349,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.06% Airbnb Rental Income: $null Traditional Rental Income: $2697 Airbnb ROI: N/A Traditional ROI: 5.06%
475 Willow Creek Drive Owatonna, MN Step into this beautifully maintained 1978 multi-level home offering comfort, space, and m...	4 beds \| 2 baths \| 1,770 sq.ft.	$314,900	Airbnb cash on cash: N/A Traditional cash on cash: 5.64% Airbnb Rental Income: $null Traditional Rental Income: $2411 Airbnb ROI: N/A Traditional ROI: 5.64%
808 Cherry Street Owatonna, MN Welcome to 808 Cherry Street! Tucked away in a quiet, Owatonna neighborhood, this well-lov...	3 beds \| 2 baths \| 1,140 sq.ft.	$229,500	Airbnb cash on cash: N/A Traditional cash on cash: 6.63% Airbnb Rental Income: $null Traditional Rental Income: $1932 Airbnb ROI: N/A Traditional ROI: 6.63%
421 S Oak Avenue Owatonna, MN Charming 1 Â¾ story home featuring a convenient main floor bedroom and bath, plus an upper...	4 beds \| 2 baths \| 1,364 sq.ft.	$199,900	Airbnb cash on cash: N/A Traditional cash on cash: 8.51% Airbnb Rental Income: $null Traditional Rental Income: $2135 Airbnb ROI: N/A Traditional ROI: 8.51%
349 13th Street SW Owatonna, MN This 4 bedroom 3 bath home needs a little love, are you the one? A little sweat equity ca...	4 beds \| 3 baths \| 2,048 sq.ft.	$235,000	Airbnb cash on cash: N/A Traditional cash on cash: 10.09% Airbnb Rental Income: $null Traditional Rental Income: $2858 Airbnb ROI: N/A Traditional ROI: 10.09%

Real Estate investment in Owatonna, MN

There are 74 properties for sale in the city of Owatonna . The median list price in Owatonna is $284,750 and the average price per square foot is $140. In December 2025, the average monthly cash on cash return in Owatonna is 6.00%. The average monthly rental income in Owatonna is $2,413.

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

There are 74 investment properties available for sale in Owatonna.

In 2025, the best neighborhood to buy investment property is Owatonna.

The ROI for Short-Term is higher than the Long-Term in Owatonna with average rental income of $N/A.

Your search for investment property begins and ends here

Investment Property for Sale in Owatonna, MN

522 S Oak Avenue

Owatonna, MN

3 beds | 1 baths | 1,489 sq.ft.

$160,000

Airbnb cash on cash: N/A

Traditional cash on cash: 8.18%

Airbnb Rental Income: $null

Traditional Rental Income: $1714

Airbnb ROI: N/A

Traditional ROI: 8.18%

2595 Fox Hollow Lane

Owatonna, MN

4 beds | 3 baths | 2,438 sq.ft.

$460,000

Airbnb cash on cash: N/A

Traditional cash on cash: 4.26%

Airbnb Rental Income: $null

Traditional Rental Income: $2863

Airbnb ROI: N/A

Traditional ROI: 4.26%

633 11th Street SE

Owatonna, MN

4 beds | 4 baths | 3,933 sq.ft.

$468,500

Airbnb cash on cash: N/A

Traditional cash on cash: 6.84%

Airbnb Rental Income: $null

Traditional Rental Income: $3992

Airbnb ROI: N/A

Traditional ROI: 6.84%

875 18th Street SE

Owatonna, MN

4 beds | 2 baths | 2,018 sq.ft.

$325,000

Airbnb cash on cash: N/A

Traditional cash on cash: 6.04%

Airbnb Rental Income: $null

Traditional Rental Income: $2627

Airbnb ROI: N/A

Traditional ROI: 6.04%

506 15th Street SE

Owatonna, MN

4 beds | 2 baths | 1,885 sq.ft.

$279,900

Airbnb cash on cash: N/A

Traditional cash on cash: 7.08%

Airbnb Rental Income: $null

Traditional Rental Income: $2498

Airbnb ROI: N/A

Traditional ROI: 7.08%

719 Truman Avenue

Owatonna, MN

3 beds | 2 baths | 1,354 sq.ft.

$239,900

Airbnb cash on cash: N/A

Traditional cash on cash: 7.16%

Airbnb Rental Income: $null

Traditional Rental Income: $2097

Airbnb ROI: N/A

Traditional ROI: 7.16%

1212 S Grove Avenue

Owatonna, MN

3 beds | 2 baths | 1,380 sq.ft.

$225,000

Airbnb cash on cash: N/A

Traditional cash on cash: 7.18%

Airbnb Rental Income: $null

Traditional Rental Income: $2100

Airbnb ROI: N/A

Traditional ROI: 7.18%

1801 Linn Drive

Owatonna, MN

4 beds | 2 baths | 1,908 sq.ft.

$179,900

Airbnb cash on cash: N/A

Traditional cash on cash: 11.33%

Airbnb Rental Income: $null

Traditional Rental Income: $2466

Airbnb ROI: N/A