Real Estate Investment Properties for Sale in Waterville, MN

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

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

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
13262 Sakatah Lake Road Waterville, MN Set on over an acre lot with a wooded backyard and 150+ feet of private shoreline on lake ...	3 beds \| 3 baths \| 2,514 sq.ft.	$750,000	Airbnb cash on cash: -0.22% Traditional cash on cash: 3.15% Airbnb Rental Income: $1416 Traditional Rental Income: $3352 Airbnb ROI: -0.22% Traditional ROI: 3.15%
902 Marion Street Waterville, MN Unlock the potential of this Lakefront property. This home sustained water damage from the...	2 beds \| 2 baths \| 1,120 sq.ft.	$199,900	Airbnb cash on cash: N/A Traditional cash on cash: 8.81% Airbnb Rental Income: $null Traditional Rental Income: $2171 Airbnb ROI: N/A Traditional ROI: 8.81%
49189 Sportsmans Lane Waterville, MN Seller related to Listing Agent Imagine a stunning 4-bedroom, 3-bathroom retreat, perfectl...	4 beds \| 3 baths \| 3,148 sq.ft.	$649,900	Airbnb cash on cash: -1.38% Traditional cash on cash: 4.08% Airbnb Rental Income: $690 Traditional Rental Income: $3692 Airbnb ROI: -1.38% Traditional ROI: 4.08%
212 2nd St S Waterville, MN 212 2nd St S, Waterville, MN 56096 \| Single Family Residential	4 beds \| 1 baths \| 1,972 sq.ft.	$192,500	Airbnb cash on cash: -0.5% Traditional cash on cash: 6.46% Airbnb Rental Income: $690 Traditional Rental Income: $1659 Airbnb ROI: -0.5% Traditional ROI: 6.46%
705 1st St N Waterville, MN 705 1st St N, Waterville, MN 56096 \| Single Family Residential	3 beds \| 1 baths \| 1,796 sq.ft.	$275,000	Airbnb cash on cash: 1.35% Traditional cash on cash: 2.65% Airbnb Rental Income: $1416 Traditional Rental Income: $1326 Airbnb ROI: 1.35% Traditional ROI: 2.65%
Open Lot Browers St E Waterville, MN Open Lot Browers St E, Waterville, MN 56096 \| Other	N/A beds \| N/A baths \| N/A	$52,500	Airbnb cash on cash: N/A Traditional cash on cash: 10.75% Airbnb Rental Income: $null Traditional Rental Income: $776 Airbnb ROI: N/A Traditional ROI: 10.75%
459 Kanne Cartway Waterville, MN 459 Kanne Cartway, Waterville, MN 56096 \| Single Family Residential	4 beds \| 2 baths \| 1,792 sq.ft.	$679,900	Airbnb cash on cash: -1.65% Traditional cash on cash: 1.87% Airbnb Rental Income: $690 Traditional Rental Income: $2622 Airbnb ROI: -1.65% Traditional ROI: 1.87%
16965 Dickenson Lane Waterville, MN Rare opportunity to own 80 feet of level shoreline on beautiful Lake Tetonka! This seasona...	2 beds \| 1 baths \| 778 sq.ft.	$325,000	Airbnb cash on cash: N/A Traditional cash on cash: 2.45% Airbnb Rental Income: $null Traditional Rental Income: $1393 Airbnb ROI: N/A Traditional ROI: 2.45%
707 Tetonka View Dr Waterville, MN 707 Tetonka View Dr, Waterville, MN 56096 \| Other	N/A beds \| N/A baths \| N/A	$120,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.62% Airbnb Rental Income: $null Traditional Rental Income: $871 Airbnb ROI: N/A Traditional ROI: 4.62%
12782 218th St W Waterville, MN 12782 218th St W, Waterville, MN 56096 \| Single Family Residential	3 beds \| 2 baths \| 3,437 sq.ft.	$729,900	Airbnb cash on cash: -0.79% Traditional cash on cash: -0.02% Airbnb Rental Income: $1416 Traditional Rental Income: $1516 Airbnb ROI: -0.79% Traditional ROI: -0.02%
918 Marian St Waterville, MN 918 Marian St, Waterville, MN 56096 \| Single Family Residential	4 beds \| 2 baths \| 1,725 sq.ft.	$499,000	Airbnb cash on cash: -1.48% Traditional cash on cash: 2.72% Airbnb Rental Income: $690 Traditional Rental Income: $2346 Airbnb ROI: -1.48% Traditional ROI: 2.72%
511 W Riverview Dr Waterville, MN 511 W Riverview Dr, Waterville, MN 56096 \| Single Family Residential	3 beds \| 2 baths \| 2,053 sq.ft.	$375,000	Airbnb cash on cash: -0.08% Traditional cash on cash: 1.41% Airbnb Rental Income: $1416 Traditional Rental Income: $1516 Airbnb ROI: -0.08% Traditional ROI: 1.41%
114 S Reed Street Waterville, MN Welcome to this 2 story home nestled in the heart of Waterville-a welcoming small-town com...	3 beds \| 2 baths \| 1,958 sq.ft.	$199,900	Airbnb cash on cash: 2.68% Traditional cash on cash: 5.44% Airbnb Rental Income: $1416 Traditional Rental Income: $1516 Airbnb ROI: 2.68% Traditional ROI: 5.44%

Real Estate investment in Waterville, MN

There are 14 properties for sale in the city of Waterville . The median list price in Waterville is $199,900 and the average price per square foot is $116. In March 2026, the average monthly cash on cash return in Waterville is 5.00%. The average monthly rental income in Waterville is $1,516.

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

There are 14 investment properties available for sale in Waterville.

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

The ROI for Short-Term is higher than the Long-Term in Waterville with average rental income of $1,416.

Your search for investment property begins and ends here

Investment Property for Sale in Waterville, MN

13262 Sakatah Lake Road

Waterville, MN

3 beds | 3 baths | 2,514 sq.ft.

$750,000

Airbnb cash on cash: -0.22%

Traditional cash on cash: 3.15%

Airbnb Rental Income: $1416

Traditional Rental Income: $3352

Airbnb ROI: -0.22%

Traditional ROI: 3.15%

902 Marion Street

Waterville, MN

2 beds | 2 baths | 1,120 sq.ft.

$199,900

Airbnb cash on cash: N/A

Traditional cash on cash: 8.81%

Airbnb Rental Income: $null

Traditional Rental Income: $2171

Airbnb ROI: N/A

Traditional ROI: 8.81%

49189 Sportsmans Lane

Waterville, MN

4 beds | 3 baths | 3,148 sq.ft.

$649,900

Airbnb cash on cash: -1.38%

Traditional cash on cash: 4.08%

Airbnb Rental Income: $690

Traditional Rental Income: $3692

Airbnb ROI: -1.38%

Traditional ROI: 4.08%

212 2nd St S

Waterville, MN

4 beds | 1 baths | 1,972 sq.ft.

$192,500

Airbnb cash on cash: -0.5%

Traditional cash on cash: 6.46%

Airbnb Rental Income: $690

Traditional Rental Income: $1659

Airbnb ROI: -0.5%

Traditional ROI: 6.46%

705 1st St N

Waterville, MN

3 beds | 1 baths | 1,796 sq.ft.

$275,000

Airbnb cash on cash: 1.35%

Traditional cash on cash: 2.65%

Airbnb Rental Income: $1416

Traditional Rental Income: $1326

Airbnb ROI: 1.35%

Traditional ROI: 2.65%

Open Lot Browers St E

Waterville, MN

N/A beds | N/A baths | N/A

$52,500

Airbnb cash on cash: N/A

Traditional cash on cash: 10.75%

Airbnb Rental Income: $null

Traditional Rental Income: $776

Airbnb ROI: N/A

Traditional ROI: 10.75%

459 Kanne Cartway

Waterville, MN

4 beds | 2 baths | 1,792 sq.ft.

$679,900

Airbnb cash on cash: -1.65%

Traditional cash on cash: 1.87%

Airbnb Rental Income: $690

Traditional Rental Income: $2622

Airbnb ROI: -1.65%

Traditional ROI: 1.87%

16965 Dickenson Lane

Waterville, MN

2 beds | 1 baths | 778 sq.ft.

$325,000

Airbnb cash on cash: N/A

Traditional cash on cash: 2.45%

Airbnb Rental Income: $null

Traditional Rental Income: $1393

Airbnb ROI: N/A