Real Estate Investment Properties for Sale in Tofte, MN

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

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

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
265 Mink Ranch Rd Tofte, MN 265 Mink Ranch Rd, Tofte, MN 55615 \| Single Family Residential	3 beds \| 1 baths \| 1,064 sq.ft.	$364,900	Airbnb cash on cash: 4.53% Traditional cash on cash: 2.4% Airbnb Rental Income: $3200 Traditional Rental Income: $1750 Airbnb ROI: 4.53% Traditional ROI: 2.4%
18 Snowshoe Trl Tofte, MN 18 Snowshoe Trl, Tofte, MN 55615 \| Townhouse	1 beds \| N/A baths \| 120 sq.ft.	$164,000	Airbnb cash on cash: 7.71% Traditional cash on cash: 5.86% Airbnb Rental Income: $2181 Traditional Rental Income: $1339 Airbnb ROI: 7.71% Traditional ROI: 5.86%
40 Surfside Dr #23-B Tofte, MN 40 Surfside Dr #23-B, Tofte, MN 55615 \| Condo/Coop	3 beds \| 3 baths \| 2,888 sq.ft.	$375,000	Airbnb cash on cash: 1.38% Traditional cash on cash: 3.65% Airbnb Rental Income: $3200 Traditional Rental Income: $3277 Airbnb ROI: 1.38% Traditional ROI: 3.65%
40 Surfside Dr #5-D Tofte, MN 40 Surfside Dr #5-D, Tofte, MN 55615 \| Condo/Coop	3 beds \| 3 baths \| 2,992 sq.ft.	$360,000	Airbnb cash on cash: 1.53% Traditional cash on cash: 2.91% Airbnb Rental Income: $3200 Traditional Rental Income: $2944 Airbnb ROI: 1.53% Traditional ROI: 2.91%
37 Big Cedar Trl Tofte, MN 37 Big Cedar Trl, Tofte, MN 55615 \| Single Family Residential	2 beds \| 3 baths \| 2,376 sq.ft.	$785,000	Airbnb cash on cash: 0.48% Traditional cash on cash: 1.86% Airbnb Rental Income: $2613 Traditional Rental Income: $3001 Airbnb ROI: 0.48% Traditional ROI: 1.86%
96 Hoaglund Dr Tofte, MN Breathtaking lake views of Lake Superior! Very efficiently built multi-level home, feature...	5 beds \| 3 baths \| 4,008 sq.ft.	$849,900	Airbnb cash on cash: N/A Traditional cash on cash: 1.62% Airbnb Rental Income: $null Traditional Rental Income: $3096 Airbnb ROI: N/A Traditional ROI: 1.62%
109 Bridge Run Ln #A Tofte, MN 109 Bridge Run Ln #A, Tofte, MN 55615 \| Condo/Coop	1 beds \| 1 baths \| 420 sq.ft.	$219,900	Airbnb cash on cash: 1.44% Traditional cash on cash: -1.86% Airbnb Rental Income: $2181 Traditional Rental Income: $941 Airbnb ROI: 1.44% Traditional ROI: -1.86%
92 Erickson Trl #Parcel One Tofte, MN 92 Erickson Trl #Parcel One, Tofte, MN 55615 \| Single Family Residential	2 beds \| 2 baths \| 945 sq.ft.	$759,900	Airbnb cash on cash: 0.56% Traditional cash on cash: 0.03% Airbnb Rental Income: $2613 Traditional Rental Income: $1611 Airbnb ROI: 0.56% Traditional ROI: 0.03%
7192 W Highway 61 #5 Tofte, MN 7192 W Highway 61 #5, Tofte, MN 55615 \| Condo/Coop	3 beds \| 2 baths \| 1,250 sq.ft.	$548,800	Airbnb cash on cash: -0.35% Traditional cash on cash: -1.52% Airbnb Rental Income: $3200 Traditional Rental Income: $1879 Airbnb ROI: -0.35% Traditional ROI: -1.52%
7192 W Highway 61 #30 Tofte, MN 7192 W Highway 61 #30, Tofte, MN 55615 \| Condo/Coop	1 beds \| 1 baths \| 664 sq.ft.	$424,900	Airbnb cash on cash: -0.24% Traditional cash on cash: -1.57% Airbnb Rental Income: $2181 Traditional Rental Income: $1098 Airbnb ROI: -0.24% Traditional ROI: -1.57%
67 Snowshoe Trl Tofte, MN 67 Snowshoe Trl, Tofte, MN 55615 \| Townhouse	3 beds \| 2 baths \| 1,400 sq.ft.	$489,000	Airbnb cash on cash: 3.1% Traditional cash on cash: 2.32% Airbnb Rental Income: $3200 Traditional Rental Income: $2120 Airbnb ROI: 3.1% Traditional ROI: 2.32%
511 Moose Mountain Dr Tofte, MN 511 Moose Mountain Dr, Lutsen, MN 55615 \| Townhouse	3 beds \| 2 baths \| 1,105 sq.ft.	$395,000	Airbnb cash on cash: 0.5% Traditional cash on cash: -1.03% Airbnb Rental Income: $3200 Traditional Rental Income: $1909 Airbnb ROI: 0.5% Traditional ROI: -1.03%
113 Bridge Run Ln #A Tofte, MN 113 Bridge Run Ln #A, Tofte, MN 55615 \| Condo/Coop	1 beds \| 2 baths \| 675 sq.ft.	$275,000	Airbnb cash on cash: -0.54% Traditional cash on cash: -2.28% Airbnb Rental Income: $2181 Traditional Rental Income: $1176 Airbnb ROI: -0.54% Traditional ROI: -2.28%
122 Bridge Run Ln #A Tofte, MN 122 Bridge Run Ln #A, Lutsen, MN 55615 \| Condo/Coop	1 beds \| 2 baths \| 675 sq.ft.	$310,000	Airbnb cash on cash: -0.44% Traditional cash on cash: -1.99% Airbnb Rental Income: $2181 Traditional Rental Income: $1176 Airbnb ROI: -0.44% Traditional ROI: -1.99%
118 Rollins Rdg Tofte, MN 118 Rollins Rdg, Lutsen, MN 55615 \| Single Family Residential	3 beds \| 1 baths \| 1,352 sq.ft.	$479,900	Airbnb cash on cash: 3.2% Traditional cash on cash: 1.33% Airbnb Rental Income: $3200 Traditional Rental Income: $1640 Airbnb ROI: 3.2% Traditional ROI: 1.33%
120 Bridge Run Ln #A Tofte, MN 120 Bridge Run Ln #A, Lutsen, MN 55615 \| Condo/Coop	1 beds \| 2 baths \| 675 sq.ft.	$269,900	Airbnb cash on cash: -0.51% Traditional cash on cash: -2.28% Airbnb Rental Income: $2181 Traditional Rental Income: $1176 Airbnb ROI: -0.51% Traditional ROI: -2.28%
XXX Springdale Rd Tofte, MN 411 Springdale Rd, Tofte, MN 55615 \| Other	N/A beds \| N/A baths \| N/A	$299,900	Airbnb cash on cash: 5.73% Traditional cash on cash: 0.67% Airbnb Rental Income: $2993 Traditional Rental Income: $879 Airbnb ROI: 5.73% Traditional ROI: 0.67%
6626 W Highway 61 #8 Tofte, MN Stunning Lakefront Living on Lake Superior! Embrace the charm of lakeside living with thi...	1 beds \| 1 baths \| 484 sq.ft.	$258,000	Airbnb cash on cash: 0.51% Traditional cash on cash: -1.35% Airbnb Rental Income: $2181 Traditional Rental Income: $1178 Airbnb ROI: 0.51% Traditional ROI: -1.35%

Real Estate investment in Tofte, MN

There are 18 properties for sale in the city of Tofte . The median list price in Tofte is $362,450 and the average price per square foot is $267. In July 2026, the average monthly cash on cash return in Tofte is 2.00%. The average monthly rental income in Tofte is $1,353.

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

There are 18 investment properties available for sale in Tofte.

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

The ROI for Short-Term is higher than the Long-Term in Tofte with average rental income of $2,613.

Your search for investment property begins and ends here

Investment Property for Sale in Tofte, MN

265 Mink Ranch Rd

Tofte, MN

3 beds | 1 baths | 1,064 sq.ft.

$364,900

Airbnb cash on cash: 4.53%

Traditional cash on cash: 2.4%

Airbnb Rental Income: $3200

Traditional Rental Income: $1750

Airbnb ROI: 4.53%

Traditional ROI: 2.4%

18 Snowshoe Trl

Tofte, MN

1 beds | N/A baths | 120 sq.ft.

$164,000

Airbnb cash on cash: 7.71%

Traditional cash on cash: 5.86%

Airbnb Rental Income: $2181

Traditional Rental Income: $1339

Airbnb ROI: 7.71%

Traditional ROI: 5.86%

40 Surfside Dr #23-B

Tofte, MN

3 beds | 3 baths | 2,888 sq.ft.

$375,000

Airbnb cash on cash: 1.38%

Traditional cash on cash: 3.65%

Airbnb Rental Income: $3200

Traditional Rental Income: $3277

Airbnb ROI: 1.38%

Traditional ROI: 3.65%

40 Surfside Dr #5-D

Tofte, MN

3 beds | 3 baths | 2,992 sq.ft.

$360,000

Airbnb cash on cash: 1.53%

Traditional cash on cash: 2.91%

Airbnb Rental Income: $3200

Traditional Rental Income: $2944

Airbnb ROI: 1.53%

Traditional ROI: 2.91%

37 Big Cedar Trl

Tofte, MN

2 beds | 3 baths | 2,376 sq.ft.

$785,000

Airbnb cash on cash: 0.48%

Traditional cash on cash: 1.86%

Airbnb Rental Income: $2613

Traditional Rental Income: $3001

Airbnb ROI: 0.48%

Traditional ROI: 1.86%

96 Hoaglund Dr

Tofte, MN

5 beds | 3 baths | 4,008 sq.ft.

$849,900

Airbnb cash on cash: N/A

Traditional cash on cash: 1.62%

Airbnb Rental Income: $null

Traditional Rental Income: $3096

Airbnb ROI: N/A

Traditional ROI: 1.62%

109 Bridge Run Ln #A

Tofte, MN

1 beds | 1 baths | 420 sq.ft.

$219,900

Airbnb cash on cash: 1.44%

Traditional cash on cash: -1.86%

Airbnb Rental Income: $2181

Traditional Rental Income: $941

Airbnb ROI: 1.44%

Traditional ROI: -1.86%

92 Erickson Trl #Parcel One

Tofte, MN

2 beds | 2 baths | 945 sq.ft.

$759,900

Airbnb cash on cash: 0.56%

Traditional cash on cash: 0.03%

Airbnb Rental Income: $2613

Traditional Rental Income: $1611

Airbnb ROI: 0.56%