Real Estate Investment Properties for Sale in Pelican Rapids, MN

Looking for investment property in Pelican Rapids, MN with high ROI ?

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

separator

PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
24718 W Elbow Road Pelican Rapids, MN Donât miss this high-end 3 bedroom, 2 bathroom home built in 2018, set on 5 private acre...	3 beds \| 2 baths \| 2,591 sq.ft.	$664,900	Airbnb cash on cash: N/A Traditional cash on cash: 3.35% Airbnb Rental Income: $null Traditional Rental Income: $3063 Airbnb ROI: N/A Traditional ROI: 3.35%
50435 Angle Road Pelican Rapids, MN Wow, can you say "Right on the Water"!? This 3-bedroom, 2-bath seasonal lake cabin on Peli...	3 beds \| 2 baths \| 936 sq.ft.	$549,000	Airbnb cash on cash: N/A Traditional cash on cash: 2.15% Airbnb Rental Income: $null Traditional Rental Income: $2039 Airbnb ROI: N/A Traditional ROI: 2.15%
301 4th Avenue SE Pelican Rapids, MN Welcome to this well-designed 4-bedroom, 3-bathroom home built in 1993, featuring a privat...	4 beds \| 3 baths \| 2,152 sq.ft.	$380,000	Airbnb cash on cash: N/A Traditional cash on cash: 6.12% Airbnb Rental Income: $null Traditional Rental Income: $3072 Airbnb ROI: N/A Traditional ROI: 6.12%
Investment Properties for Sale in Other Cities of Minnesota
10 Saint Albans Road E Hopkins , MN Nestled on a 4.78-acre lot and spreading across Minnehaha Creek, witness the stunning resi...	5 beds \| 4 baths \| 5,327 sq.ft.	$1,699,999	Airbnb cash on cash: 0% Traditional cash on cash: 0.28% Airbnb Rental Income: $4601 Traditional Rental Income: $4078 Airbnb ROI: 0% Traditional ROI: 0.28%
1820 1st Avenue S #207 Minneapolis , MN Charming condo in a classic brick building offers a charming blend of style and convenienc...	1 beds \| 1 baths \| 525 sq.ft.	$85,000	Airbnb cash on cash: -1.39% Traditional cash on cash: 1.76% Airbnb Rental Income: $1404 Traditional Rental Income: $1244 Airbnb ROI: -1.39% Traditional ROI: 1.76%
201 S 11th Street #930 Minneapolis , MN Discover elegance and luxury in this exquisite Ivy Residence boasting expansive floor-to-c...	2 beds \| 2 baths \| 1,441 sq.ft.	$465,000	Airbnb cash on cash: -2.65% Traditional cash on cash: 0.32% Airbnb Rental Income: $1694 Traditional Rental Income: $2514 Airbnb ROI: -2.65% Traditional ROI: 0.32%
433 S 7th Street #1624 Minneapolis , MN Wonderful building amenities including Party room, media room, business center, exercise r...	1 beds \| 1 baths \| 660 sq.ft.	$105,000	Airbnb cash on cash: -2.28% Traditional cash on cash: 2.01% Airbnb Rental Income: $1237 Traditional Rental Income: $1279 Airbnb ROI: -2.28% Traditional ROI: 2.01%
301 Oak Grove Street #214 Minneapolis , MN Sunny South facing corner unit surrounded by green tress and foliage â welcome to your q...	2 beds \| 2 baths \| 1,204 sq.ft.	$329,900	Airbnb cash on cash: -0.59% Traditional cash on cash: 3.36% Airbnb Rental Income: $1714 Traditional Rental Income: $2465 Airbnb ROI: -0.59% Traditional ROI: 3.36%
740 Portland Avenue #801 Minneapolis , MN Experience elevated city living in Unit 801 at Portland Towerâa sleek 8th floor corner c...	2 beds \| 2 baths \| 1,599 sq.ft.	$549,900	Airbnb cash on cash: -1.82% Traditional cash on cash: 1.94% Airbnb Rental Income: $1795 Traditional Rental Income: $3237 Airbnb ROI: -1.82% Traditional ROI: 1.94%
317 Groveland Avenue #705 Minneapolis , MN Experience elevated living in this beautiful penthouse, corner unit, with 10 feet ceilings...	2 beds \| 2 baths \| 1,404 sq.ft.	$460,000	Airbnb cash on cash: -1.81% Traditional cash on cash: 1.6% Airbnb Rental Income: $1714 Traditional Rental Income: $2708 Airbnb ROI: -1.81% Traditional ROI: 1.6%
500 E Grant Street #2509 Minneapolis , MN Jetliner views of the Minneapolis skyline from the 25th floor of Grant Park! This 24-hour ...	1 beds \| 1 baths \| 907 sq.ft.	$238,900	Airbnb cash on cash: -2.5% Traditional cash on cash: 1.01% Airbnb Rental Income: $1450 Traditional Rental Income: $1813 Airbnb ROI: -2.5% Traditional ROI: 1.01%
2929 Chicago Avenue #1003 Minneapolis , MN Experience elevated urban living in this exceptional 2-bedroom, 2-bath residence located i...	2 beds \| 2 baths \| 1,363 sq.ft.	$250,000	Airbnb cash on cash: -1.36% Traditional cash on cash: 4.21% Airbnb Rental Income: $1710 Traditional Rental Income: $2552 Airbnb ROI: -1.36% Traditional ROI: 4.21%
2885 Knox Avenue S #803 Minneapolis , MN Welcome to this beautifully designed 1-bedroom, 1-bathroom condo in a sought-after Minneap...	1 beds \| 1 baths \| 900 sq.ft.	$249,000	Airbnb cash on cash: -2.72% Traditional cash on cash: 0.16% Airbnb Rental Income: $1229 Traditional Rental Income: $1512 Airbnb ROI: -2.72% Traditional ROI: 0.16%
5548 34th Avenue S Minneapolis , MN Welcome home! This beautiful home is move-in ready. Stainless steel appliances, granite co...	4 beds \| 2 baths \| 1,904 sq.ft.	$379,900	Airbnb cash on cash: 1.71% Traditional cash on cash: 5.69% Airbnb Rental Income: $2048 Traditional Rental Income: $2935 Airbnb ROI: 1.71% Traditional ROI: 5.69%
3522 S Harriet Avenue #106 Minneapolis , MN Welcome to your new home in the heart of one of Minneapolisâs most vibrant neighborhoods...	2 beds \| 1 baths \| 778 sq.ft.	$145,000	Airbnb cash on cash: 3.92% Traditional cash on cash: 3.6% Airbnb Rental Income: $1838 Traditional Rental Income: $1298 Airbnb ROI: 3.92% Traditional ROI: 3.6%
2735 Garfield Avenue S Minneapolis , MN Recently updated, solid, income producing 4-plex in S Mpls. Big ticket items done - Lp Sm...	4 beds \| N/A baths \| 2,818 sq.ft.	$579,900	Airbnb cash on cash: N/A Traditional cash on cash: 1.43% Airbnb Rental Income: $null Traditional Rental Income: $2341 Airbnb ROI: N/A Traditional ROI: 1.43%
343 E 19th Street #3B Minneapolis , MN Enjoy urban living in this charming 2-bedroom, 1-bath condo nestled within the historic Hu...	1 beds \| 1 baths \| 945 sq.ft.	$134,900	Airbnb cash on cash: 0.78% Traditional cash on cash: 2.82% Airbnb Rental Income: $1404 Traditional Rental Income: $1245 Airbnb ROI: 0.78% Traditional ROI: 2.82%

Real Estate investment in Pelican-rapids, MN

There are 4 properties for sale in the city of Pelican Rapids . The median list price in Pelican Rapids is $464,500 and the average price per square foot is $276. In September 2025, the average monthly cash on cash return in Pelican Rapids is 5.00%. The average monthly rental income in Pelican Rapids is $2,551.

Pelican-rapids, MN Real Estate Investing: FAQs for Buyers, Sellers and Investors

There are 4 investment properties available for sale in Pelican-rapids.

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

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

Your search for investment property begins and ends here

Investment Property for Sale in Pelican Rapids, MN

24718 W Elbow Road

Pelican Rapids, MN

3 beds | 2 baths | 2,591 sq.ft.

$664,900

Airbnb cash on cash: N/A

Traditional cash on cash: 3.35%

Airbnb Rental Income: $null

Traditional Rental Income: $3063

Airbnb ROI: N/A

Traditional ROI: 3.35%

50435 Angle Road

Pelican Rapids, MN

3 beds | 2 baths | 936 sq.ft.

$549,000

Airbnb cash on cash: N/A

Traditional cash on cash: 2.15%

Airbnb Rental Income: $null

Traditional Rental Income: $2039

Airbnb ROI: N/A

Traditional ROI: 2.15%

301 4th Avenue SE

Pelican Rapids, MN

4 beds | 3 baths | 2,152 sq.ft.

$380,000

Airbnb cash on cash: N/A

Traditional cash on cash: 6.12%

Airbnb Rental Income: $null

Traditional Rental Income: $3072

Airbnb ROI: N/A

Traditional ROI: 6.12%

Investment Properties for Sale in Other Cities of Minnesota

Hopkins , MN

5 beds | 4 baths | 5,327 sq.ft.

$1,699,999

Airbnb cash on cash: 0%

Traditional cash on cash: 0.28%

Airbnb Rental Income: $4601

Traditional Rental Income: $4078

Airbnb ROI: 0%

Traditional ROI: 0.28%

Minneapolis , MN

1 beds | 1 baths | 525 sq.ft.

$85,000

Airbnb cash on cash: -1.39%

Traditional cash on cash: 1.76%

Airbnb Rental Income: $1404

Traditional Rental Income: $1244

Airbnb ROI: -1.39%

Traditional ROI: 1.76%

Minneapolis , MN

2 beds | 2 baths | 1,441 sq.ft.

$465,000

Airbnb cash on cash: -2.65%

Traditional cash on cash: 0.32%

Airbnb Rental Income: $1694

Traditional Rental Income: $2514

Airbnb ROI: -2.65%

Traditional ROI: 0.32%

Minneapolis , MN

1 beds | 1 baths | 660 sq.ft.

$105,000

Airbnb cash on cash: -2.28%

Traditional cash on cash: 2.01%

Airbnb Rental Income: $1237

Traditional Rental Income: $1279

Airbnb ROI: -2.28%

Traditional ROI: 2.01%

Minneapolis , MN

2 beds | 2 baths | 1,204 sq.ft.

$329,900

Airbnb cash on cash: -0.59%

Traditional cash on cash: 3.36%

Airbnb Rental Income: $1714

Traditional Rental Income: $2465

Airbnb ROI: -0.59%

Traditional ROI: 3.36%

Minneapolis , MN

2 beds | 2 baths | 1,599 sq.ft.

$549,900