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
817 Harriet Avenue Owatonna, MN Multiple offers received - highest and best through 11:00am 3/13/26. Three bedrooms on th...	3 beds \| 2 baths \| 1,766 sq.ft.	$219,900	Airbnb cash on cash: N/A Traditional cash on cash: 5.27% Airbnb Rental Income: $null Traditional Rental Income: $1677 Airbnb ROI: N/A Traditional ROI: 5.27%
522 S Oak Avenue Owatonna, MN Discover the potential in this 4-bedroom home offering a great opportunity for those looki...	4 beds \| 1 baths \| 1,489 sq.ft.	$150,000	Airbnb cash on cash: N/A Traditional cash on cash: 8.77% Airbnb Rental Income: $null Traditional Rental Income: $1714 Airbnb ROI: N/A Traditional ROI: 8.77%
413 Sylvan Street Owatonna, MN The perfect little place to call home! This charming 2-bedroom, 1-bath one-level home offe...	2 beds \| 1 baths \| 1,019 sq.ft.	$169,900	Airbnb cash on cash: N/A Traditional cash on cash: 4.94% Airbnb Rental Income: $null Traditional Rental Income: $1237 Airbnb ROI: N/A Traditional ROI: 4.94%
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.	$444,900	Airbnb cash on cash: N/A Traditional cash on cash: 4.42% Airbnb Rental Income: $null Traditional Rental Income: $2863 Airbnb ROI: N/A Traditional ROI: 4.42%
810 20th Street NE Owatonna, MN Welcome home to this beautifully updated split-level offering comfort, style, and move-in ...	4 beds \| 2 baths \| 1,632 sq.ft.	$289,900	Airbnb cash on cash: N/A Traditional cash on cash: 4.89% Airbnb Rental Income: $null Traditional Rental Income: $1968 Airbnb ROI: N/A Traditional ROI: 4.89%
520 Havana Road Owatonna, MN Move-In Ready! Welcome home to this well-maintained 3 bed, 1 bath single-family property o...	3 beds \| 1 baths \| 1,138 sq.ft.	$249,900	Airbnb cash on cash: N/A Traditional cash on cash: 4.33% Airbnb Rental Income: $null Traditional Rental Income: $1620 Airbnb ROI: N/A Traditional ROI: 4.33%
2050 Willow Ridge Place NE Owatonna, MN Welcome to this beautiful two-story home offering an exceptional blend of space, comfort, ...	4 beds \| 4 baths \| 2,776 sq.ft.	$425,000	Airbnb cash on cash: N/A Traditional cash on cash: 6.43% Airbnb Rental Income: $null Traditional Rental Income: $3581 Airbnb ROI: N/A Traditional ROI: 6.43%
550 20th Street NE Owatonna, MN This south-facing rambler has been extremely well-kept. The main floor has it all with an ...	3 beds \| 2 baths \| 1,940 sq.ft.	$300,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.42% Airbnb Rental Income: $null Traditional Rental Income: $1677 Airbnb ROI: N/A Traditional ROI: 3.42%
613 Mcindoe Street Owatonna, MN Charming 1956 rambler located in SE Owatonna! This well-maintained home features beautiful...	3 beds \| 2 baths \| 1,833 sq.ft.	$289,900	Airbnb cash on cash: N/A Traditional cash on cash: 6.27% Airbnb Rental Income: $null Traditional Rental Income: $2382 Airbnb ROI: N/A Traditional ROI: 6.27%
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.	$215,000	Airbnb cash on cash: N/A Traditional cash on cash: 7.55% Airbnb Rental Income: $null Traditional Rental Income: $2100 Airbnb ROI: N/A Traditional ROI: 7.55%
1975 White Oak Lane NE Owatonna, MN Incredibly well kept 1-owner patio home! This 3 bedroom, 2 bath patio home offers 1 level ...	3 beds \| 2 baths \| 1,895 sq.ft.	$469,900	Airbnb cash on cash: N/A Traditional cash on cash: 2.96% Airbnb Rental Income: $null Traditional Rental Income: $2661 Airbnb ROI: N/A Traditional ROI: 2.96%
733 E Academy Street Owatonna, MN Beautifully updated 4-bed, 2-bath home located in a quiet cul-de-sac offering the perfect ...	4 beds \| 2 baths \| 2,258 sq.ft.	$319,900	Airbnb cash on cash: N/A Traditional cash on cash: 4.08% Airbnb Rental Income: $null Traditional Rental Income: $1968 Airbnb ROI: N/A Traditional ROI: 4.08%
421 Mcindoe Street Owatonna, MN Discover classic 60s charm with modern updates in this well-maintained 3 bed, 3 bath rambl...	3 beds \| 3 baths \| 3,243 sq.ft.	$359,900	Airbnb cash on cash: N/A Traditional cash on cash: 5.38% Airbnb Rental Income: $null Traditional Rental Income: $2697 Airbnb ROI: N/A Traditional ROI: 5.38%
714 South Street Owatonna, MN Welcome home to this charming rambler full of warmth and character, perfectly nestled in a...	4 beds \| 2 baths \| 1,852 sq.ft.	$339,900	Airbnb cash on cash: N/A Traditional cash on cash: 3.81% Airbnb Rental Income: $null Traditional Rental Income: $1968 Airbnb ROI: N/A Traditional ROI: 3.81%
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%
782 Churchill Drive SE Owatonna, MN Welcome to this unique multi-level home featuring a desirable main floor ownerâs suite! ...	3 beds \| 3 baths \| 2,271 sq.ft.	$429,900	Airbnb cash on cash: N/A Traditional cash on cash: 3.77% Airbnb Rental Income: $null Traditional Rental Income: $2494 Airbnb ROI: N/A Traditional ROI: 3.77%
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.	$449,500	Airbnb cash on cash: N/A Traditional cash on cash: 4.84% Airbnb Rental Income: $null Traditional Rental Income: $3117 Airbnb ROI: N/A Traditional ROI: 4.84%
2017 Havana Road Owatonna, MN Custom-built two story equestrian ranch situated on a beautiful 5 acres with over 4,000 sq...	5 beds \| 5 baths \| 4,035 sq.ft.	$1,500,000	Airbnb cash on cash: N/A Traditional cash on cash: 1.85% Airbnb Rental Income: $null Traditional Rental Income: $4743 Airbnb ROI: N/A Traditional ROI: 1.85%
1218 7th Avenue NE Owatonna, MN Charming 2 bedroom, 2 bathroom home located in Owatonna. This property features a spacious...	2 beds \| 2 baths \| 1,522 sq.ft.	$229,900	Airbnb cash on cash: N/A Traditional cash on cash: 8.08% Airbnb Rental Income: $null Traditional Rental Income: $2339 Airbnb ROI: N/A Traditional ROI: 8.08%
2877 Meadowview Lane NE Owatonna, MN Spring is here, and so should you be! Experience maintenance-free living at its finest in ...	2 beds \| 2 baths \| 1,516 sq.ft.	$397,500	Airbnb cash on cash: N/A Traditional cash on cash: 2.7% Airbnb Rental Income: $null Traditional Rental Income: $2135 Airbnb ROI: N/A Traditional ROI: 2.7%
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.	$285,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.66% Airbnb Rental Income: $null Traditional Rental Income: $1927 Airbnb ROI: N/A Traditional ROI: 3.66%
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.	$203,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.47% Airbnb Rental Income: $null Traditional Rental Income: $1531 Airbnb ROI: N/A Traditional ROI: 5.47%
1515 3rd Avenue NE Owatonna, MN This 4 bed, 2 bathroom home is situated in a peaceful neighborhood just steps away from th...	4 beds \| 2 baths \| 2,149 sq.ft.	$339,900	Airbnb cash on cash: N/A Traditional cash on cash: 5.85% Airbnb Rental Income: $null Traditional Rental Income: $2619 Airbnb ROI: N/A Traditional ROI: 5.85%
358 18th Street SW Owatonna, MN This well maintained 1Â½ story home sits proudly on a corner cul de sac lot and blends tim...	3 beds \| 3 baths \| 1,502 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...	4 beds \| 2 baths \| 2,008 sq.ft.	$418,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.16% Airbnb Rental Income: $null Traditional Rental Income: $1771 Airbnb ROI: N/A Traditional ROI: 3.16%
1330 Greenleaf Road Owatonna, MN If you are looking for a entry level quality built new construction home in a mature neigh...	4 beds \| 3 baths \| 2,242 sq.ft.	$434,500	Airbnb cash on cash: N/A Traditional cash on cash: 3.77% Airbnb Rental Income: $null Traditional Rental Income: $2080 Airbnb ROI: N/A Traditional ROI: 3.77%
1360 Greenleaf Road Owatonna, MN If you are looking for a entry level quality built new construction home in a mature neigh...	4 beds \| 3 baths \| 2,277 sq.ft.	$449,500	Airbnb cash on cash: N/A Traditional cash on cash: 3.61% Airbnb Rental Income: $null Traditional Rental Income: $2080 Airbnb ROI: N/A Traditional ROI: 3.61%
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%
1665 Cornerstone Lane Owatonna, MN Welcome to this inviting 4 bedroom, 3 bath home with a 3 car garage, tucked away in a well...	4 beds \| 3 baths \| 2,343 sq.ft.	$389,900	Airbnb cash on cash: N/A Traditional cash on cash: 5.3% Airbnb Rental Income: $null Traditional Rental Income: $2832 Airbnb ROI: N/A Traditional ROI: 5.3%
70 Aspen Highland Place Owatonna, MN This home hits a hole-in-one for comfort, location, and charm! Tucked away on a quiet cul-...	3 beds \| 2 baths \| 1,663 sq.ft.	$282,000	Airbnb cash on cash: N/A Traditional cash on cash: 6.19% Airbnb Rental Income: $null Traditional Rental Income: $2280 Airbnb ROI: N/A Traditional ROI: 6.19%
1031 Cherry Street Owatonna, MN Enjoy peaceful golf course living in this one-owner 1999 ranch-style home overlooking stun...	4 beds \| 3 baths \| 3,764 sq.ft.	$475,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.4% Airbnb Rental Income: $null Traditional Rental Income: $3064 Airbnb ROI: N/A Traditional ROI: 4.4%
238 Locust Avenue Owatonna, MN This inviting residence features 2 bedrooms. The main floor offers a warm and functional l...	2 beds \| 1 baths \| 1,240 sq.ft.	$159,900	Airbnb cash on cash: N/A Traditional cash on cash: 8.53% Airbnb Rental Income: $null Traditional Rental Income: $1609 Airbnb ROI: N/A Traditional ROI: 8.53%

Real Estate investment in Owatonna, MN

There are 69 properties for sale in the city of Owatonna . The median list price in Owatonna is $325,000 and the average price per square foot is $163. In March 2026, the average monthly cash on cash return in Owatonna is 5.00%. The average monthly rental income in Owatonna is $1,968.

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

There are 69 investment properties available for sale in Owatonna.

In 2026, 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 $634.

Your search for investment property begins and ends here

Investment Property for Sale in Owatonna, MN

817 Harriet Avenue

Owatonna, MN

3 beds | 2 baths | 1,766 sq.ft.

$219,900

Airbnb cash on cash: N/A

Traditional cash on cash: 5.27%

Airbnb Rental Income: $null

Traditional Rental Income: $1677

Airbnb ROI: N/A

Traditional ROI: 5.27%

522 S Oak Avenue

Owatonna, MN

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

$150,000

Airbnb cash on cash: N/A

Traditional cash on cash: 8.77%

Airbnb Rental Income: $null

Traditional Rental Income: $1714

Airbnb ROI: N/A

Traditional ROI: 8.77%

413 Sylvan Street

Owatonna, MN

2 beds | 1 baths | 1,019 sq.ft.

$169,900

Airbnb cash on cash: N/A

Traditional cash on cash: 4.94%

Airbnb Rental Income: $null

Traditional Rental Income: $1237

Airbnb ROI: N/A

Traditional ROI: 4.94%

2595 Fox Hollow Lane

Owatonna, MN

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

$444,900

Airbnb cash on cash: N/A

Traditional cash on cash: 4.42%

Airbnb Rental Income: $null

Traditional Rental Income: $2863

Airbnb ROI: N/A

Traditional ROI: 4.42%

810 20th Street NE

Owatonna, MN

4 beds | 2 baths | 1,632 sq.ft.

$289,900

Airbnb cash on cash: N/A

Traditional cash on cash: 4.89%

Airbnb Rental Income: $null

Traditional Rental Income: $1968

Airbnb ROI: N/A

Traditional ROI: 4.89%

520 Havana Road

Owatonna, MN

3 beds | 1 baths | 1,138 sq.ft.

$249,900

Airbnb cash on cash: N/A

Traditional cash on cash: 4.33%

Airbnb Rental Income: $null

Traditional Rental Income: $1620

Airbnb ROI: N/A

Traditional ROI: 4.33%

2050 Willow Ridge Place NE

Owatonna, MN

4 beds | 4 baths | 2,776 sq.ft.

$425,000

Airbnb cash on cash: N/A

Traditional cash on cash: 6.43%

Airbnb Rental Income: $null

Traditional Rental Income: $3581

Airbnb ROI: N/A

Traditional ROI: 6.43%

550 20th Street NE

Owatonna, MN

3 beds | 2 baths | 1,940 sq.ft.

$300,000

Airbnb cash on cash: N/A

Traditional cash on cash: 3.42%

Airbnb Rental Income: $null

Traditional Rental Income: $1677

Airbnb ROI: N/A