Real Estate Investment Properties for Sale in Two Harbors, MN

Looking for investment property in Two Harbors, MN with high ROI ?

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

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
2826 Highway 61 Two Harbors, MN Cozy secluded 3-bedroom 3 bath Log home featuring wonderful views overlooking Lake Superio...	3 beds \| 3 baths \| 2,000 sq.ft.	$665,000	Airbnb cash on cash: 0.8% Traditional cash on cash: 3.22% Airbnb Rental Income: $2252 Traditional Rental Income: $3190 Airbnb ROI: 0.8% Traditional ROI: 3.22%
107 South Ave Two Harbors, MN RARE OPPORTUNITY! You will not believe the views of Lake Superior from every room in this ...	3 beds \| 2 baths \| 1,904 sq.ft.	$549,000	Airbnb cash on cash: 1.24% Traditional cash on cash: 3.04% Airbnb Rental Income: $2252 Traditional Rental Income: $2613 Airbnb ROI: 1.24% Traditional ROI: 3.04%
528 5th Avenue Two Harbors, MN Cute newly remodeled two bedroom home in Two Harbors that is close to many ammenities. Hom...	2 beds \| 1 baths \| 830 sq.ft.	$187,500	Airbnb cash on cash: 3.89% Traditional cash on cash: 6.14% Airbnb Rental Income: $1519 Traditional Rental Income: $1477 Airbnb ROI: 3.89% Traditional ROI: 6.14%
415 15th Ave Two Harbors, MN Completely updated 3 bedroom 3 bath home. Kitchen is all new with solid surface counterto...	3 beds \| 4 baths \| 1,934 sq.ft.	$399,000	Airbnb cash on cash: 2.58% Traditional cash on cash: 6.64% Airbnb Rental Income: $2252 Traditional Rental Income: $3206 Airbnb ROI: 2.58% Traditional ROI: 6.64%
4292 Thomas Lake Road Two Harbors, MN This beautiful property is bursting with potential! Nestled on an unusually large lake lot...	4 beds \| 2 baths \| 2,900 sq.ft.	$449,900	Airbnb cash on cash: 2.27% Traditional cash on cash: 5.78% Airbnb Rental Income: $2249 Traditional Rental Income: $3164 Airbnb ROI: 2.27% Traditional ROI: 5.78%
969 Deerview Lane Two Harbors, MN AMAZING views of Lake Superior! Panoramic views both up the shore and down the shore. When...	3 beds \| 2 baths \| 3,582 sq.ft.	$1,100,000	Airbnb cash on cash: -0.02% Traditional cash on cash: 1.32% Airbnb Rental Income: $2252 Traditional Rental Income: $3059 Airbnb ROI: -0.02% Traditional ROI: 1.32%
601 13th Ave Two Harbors, MN Don't miss this 3+ bedroom, 4-bath home located on a corner lot in a quiet neighborhood. L...	3 beds \| 4 baths \| 2,389 sq.ft.	$294,900	Airbnb cash on cash: 3.82% Traditional cash on cash: 9.29% Airbnb Rental Income: $2252 Traditional Rental Income: $3208 Airbnb ROI: 3.82% Traditional ROI: 9.29%
1735 Highway 12 Two Harbors, MN Escape to your dream log cabin retreat in Two Harbors, Minnesota. Discover the essence of ...	5 beds \| 5 baths \| 4,070 sq.ft.	$669,900	Airbnb cash on cash: 1.19% Traditional cash on cash: 6.96% Airbnb Rental Income: $2284 Traditional Rental Income: $5321 Airbnb ROI: 1.19% Traditional ROI: 6.96%
3213 E Alger Grade Two Harbors, MN Excellent combination of historic hand-hewn timbers and the modern finishes. Original old...	2 beds \| 3 baths \| 1,970 sq.ft.	$589,900	Airbnb cash on cash: 0.25% Traditional cash on cash: 3.5% Airbnb Rental Income: $1519 Traditional Rental Income: $2869 Airbnb ROI: 0.25% Traditional ROI: 3.5%
1632 9th Ave Two Harbors, MN Discover this charming, move-in-ready 3-bedroom, 1-bathroom ranch-style haven at 1632 9th ...	3 beds \| 1 baths \| 1,160 sq.ft.	$200,000	Airbnb cash on cash: 6.7% Traditional cash on cash: 7.5% Airbnb Rental Income: $2252 Traditional Rental Income: $1839 Airbnb ROI: 6.7% Traditional ROI: 7.5%
1928 Loop Road Two Harbors, MN Welcome home!!! Situated on 10 acres with views of lake Superior is only the beginning. O...	3 beds \| 4 baths \| 2,330 sq.ft.	$699,900	Airbnb cash on cash: 1.24% Traditional cash on cash: 3.49% Airbnb Rental Income: $2252 Traditional Rental Income: $3154 Airbnb ROI: 1.24% Traditional ROI: 3.49%
712 8th Ave Two Harbors, MN Nice 4 bedroom house with fenced yard, off street parking, garage and a lean-too for all y...	4 beds \| 2 baths \| 1,064 sq.ft.	$229,500	Airbnb cash on cash: 5.9% Traditional cash on cash: 7.88% Airbnb Rental Income: $2249 Traditional Rental Income: $2115 Airbnb ROI: 5.9% Traditional ROI: 7.88%
6081 Murphy Lake Rd Two Harbors, MN A Northwoods cabin, COMPLETELY Renovated! Set in the Superior National Forest wilderness,...	2 beds \| N/A baths \| 960 sq.ft.	$160,000	Airbnb cash on cash: 4.77% Traditional cash on cash: 8.87% Airbnb Rental Income: $1519 Traditional Rental Income: $1703 Airbnb ROI: 4.77% Traditional ROI: 8.87%
836 7th Ave Two Harbors, MN Lovely home with hardwood floors, open wood staircase, second staircase in the back and ni...	2 beds \| 3 baths \| 1,295 sq.ft.	$299,900	Airbnb cash on cash: 2.31% Traditional cash on cash: 6.44% Airbnb Rental Income: $1519 Traditional Rental Income: $2244 Airbnb ROI: 2.31% Traditional ROI: 6.44%
886 Shoreview Heights Rd Two Harbors, MN Very well maintained 3-bedroom home with office space and a family room in the lower level...	3 beds \| 2 baths \| 1,468 sq.ft.	$399,900	Airbnb cash on cash: 3.03% Traditional cash on cash: 4.71% Airbnb Rental Income: $2252 Traditional Rental Income: $2317 Airbnb ROI: 3.03% Traditional ROI: 4.71%
1690 Highway 61 Two Harbors, MN Lake Superior Opportunity awaits! Own your little slice of heaven on the North Shore. 2 ...	2 beds \| 1 baths \| 1,305 sq.ft.	$899,000	Airbnb cash on cash: -0.21% Traditional cash on cash: 0.96% Airbnb Rental Income: $1519 Traditional Rental Income: $2054 Airbnb ROI: -0.21% Traditional ROI: 0.96%
1563 Highway 61 Two Harbors, MN Experience the perfect combination of scenic beauty, functional living spaces, and timeles...	3 beds \| 2 baths \| 2,012 sq.ft.	$429,000	Airbnb cash on cash: 2.56% Traditional cash on cash: 5.06% Airbnb Rental Income: $2252 Traditional Rental Income: $2691 Airbnb ROI: 2.56% Traditional ROI: 5.06%
411 4th Ave Two Harbors, MN New Construction! Very nice 3 bedroom home with full bath, bedroom and laundry on the mai...	3 beds \| 2 baths \| 1,904 sq.ft.	$374,000	Airbnb cash on cash: 3.46% Traditional cash on cash: 6.34% Airbnb Rental Income: $2252 Traditional Rental Income: $2698 Airbnb ROI: 3.46% Traditional ROI: 6.34%
1808 8th Ave Two Harbors, MN This stunning 4-bedroom 3 bath home is like no other! Completely redone with the most tast...	4 beds \| 3 baths \| 1,906 sq.ft.	$379,900	Airbnb cash on cash: 2.74% Traditional cash on cash: 6.06% Airbnb Rental Income: $2249 Traditional Rental Income: $2871 Airbnb ROI: 2.74% Traditional ROI: 6.06%

Real Estate investment in Two-harbors, MN

There are 19 properties for sale in the city of Two Harbors . The median list price in Two Harbors is $399,450 and the average price per square foot is $209. In October 2025, the average monthly cash on cash return in Two Harbors is 6.00%. The average monthly rental income in Two Harbors is $2,761.

Two-harbors, MN Real Estate Investing: FAQs for Buyers, Sellers and Investors

There are 19 investment properties available for sale in Two-harbors.

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

The ROI for Long-Term is higher than the Short-Term in Two-harbors with average rental income of $2,761.

Your search for investment property begins and ends here

Investment Property for Sale in Two Harbors, MN

2826 Highway 61

Two Harbors, MN

3 beds | 3 baths | 2,000 sq.ft.

$665,000

Airbnb cash on cash: 0.8%

Traditional cash on cash: 3.22%

Airbnb Rental Income: $2252

Traditional Rental Income: $3190

Airbnb ROI: 0.8%

Traditional ROI: 3.22%

107 South Ave

Two Harbors, MN

3 beds | 2 baths | 1,904 sq.ft.

$549,000

Airbnb cash on cash: 1.24%

Traditional cash on cash: 3.04%

Airbnb Rental Income: $2252

Traditional Rental Income: $2613

Airbnb ROI: 1.24%

Traditional ROI: 3.04%

528 5th Avenue

Two Harbors, MN

2 beds | 1 baths | 830 sq.ft.

$187,500

Airbnb cash on cash: 3.89%

Traditional cash on cash: 6.14%

Airbnb Rental Income: $1519

Traditional Rental Income: $1477

Airbnb ROI: 3.89%

Traditional ROI: 6.14%

415 15th Ave

Two Harbors, MN

3 beds | 4 baths | 1,934 sq.ft.

$399,000

Airbnb cash on cash: 2.58%

Traditional cash on cash: 6.64%

Airbnb Rental Income: $2252

Traditional Rental Income: $3206

Airbnb ROI: 2.58%

Traditional ROI: 6.64%

4292 Thomas Lake Road

Two Harbors, MN

4 beds | 2 baths | 2,900 sq.ft.

$449,900

Airbnb cash on cash: 2.27%

Traditional cash on cash: 5.78%

Airbnb Rental Income: $2249

Traditional Rental Income: $3164

Airbnb ROI: 2.27%

Traditional ROI: 5.78%

969 Deerview Lane

Two Harbors, MN

3 beds | 2 baths | 3,582 sq.ft.

$1,100,000

Airbnb cash on cash: -0.02%

Traditional cash on cash: 1.32%

Airbnb Rental Income: $2252

Traditional Rental Income: $3059

Airbnb ROI: -0.02%

Traditional ROI: 1.32%

601 13th Ave

Two Harbors, MN

3 beds | 4 baths | 2,389 sq.ft.

$294,900

Airbnb cash on cash: 3.82%

Traditional cash on cash: 9.29%

Airbnb Rental Income: $2252

Traditional Rental Income: $3208

Airbnb ROI: 3.82%

Traditional ROI: 9.29%

1735 Highway 12

Two Harbors, MN

5 beds | 5 baths | 4,070 sq.ft.

$669,900

Airbnb cash on cash: 1.19%

Traditional cash on cash: 6.96%

Airbnb Rental Income: $2284

Traditional Rental Income: $5321

Airbnb ROI: 1.19%