Real Estate Investments for Sale in Lake Elmo, MN With High ROI

Are you looking for a vacation rental in Lake Elmo, MN? Look no further! We have a wide variety of vacation available for sale, including beachfront condos, mountain single-family homes, townhouses, vacation homes and everything in between.

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

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
8219 21st Street N Lake Elmo, MN This walkout executive rambler has 4 bedrooms, 3 baths, 2 attached garages & sits on 2.5 a...	4 beds \| 3 baths \| 5,202 sq.ft.	$899,900	Airbnb cash on cash: 1.93% Traditional cash on cash: 1.66% Airbnb Rental Income: $4108 Traditional Rental Income: $3012 Airbnb ROI: 1.93% Traditional ROI: 1.66%
1687 Annika Drive N Lake Elmo, MN Welcome home to 1687 Annika Drive, a stunning executive one level home in the prestigious ...	3 beds \| 3 baths \| 3,412 sq.ft.	$1,169,000	Airbnb cash on cash: 1.94% Traditional cash on cash: 1.34% Airbnb Rental Income: $4465 Traditional Rental Income: $2874 Airbnb ROI: 1.94% Traditional ROI: 1.34%
11319 Latrobe Lane N Lake Elmo, MN Welcome home to TJB Home's newest no snow, no mow, larger lot rambler neighborhood in the ...	3 beds \| 3 baths \| 3,289 sq.ft.	$1,075,000	Airbnb cash on cash: 2.04% Traditional cash on cash: 1.42% Airbnb Rental Income: $4465 Traditional Rental Income: $2910 Airbnb ROI: 2.04% Traditional ROI: 1.42%
9002 7th Street N Lake Elmo, MN Immaculate, newly constructed home featuring a well-maintained turnkey design. Situated on...	3 beds \| 3 baths \| 2,653 sq.ft.	$600,000	Airbnb cash on cash: 4.53% Traditional cash on cash: 4.27% Airbnb Rental Income: $4465 Traditional Rental Income: $3387 Airbnb ROI: 4.53% Traditional ROI: 4.27%
8800 Irving Boulevard N Lake Elmo, MN Welcome to a home that epitomizes comfort, convenience, and elegance with its main floor l...	3 beds \| 2 baths \| 1,887 sq.ft.	$548,000	Airbnb cash on cash: 4.28% Traditional cash on cash: 3.92% Airbnb Rental Income: $4465 Traditional Rental Income: $3346 Airbnb ROI: 4.28% Traditional ROI: 3.92%
11331 Wildflower Drive N Lake Elmo, MN SELL YOUR SNOWBLOWER and LAWNMOWER! Not needed here! This Garden Villa model home by Landm...	4 beds \| 3 baths \| 3,847 sq.ft.	$699,900	Airbnb cash on cash: 2.34% Traditional cash on cash: 1.92% Airbnb Rental Income: $4108 Traditional Rental Income: $2955 Airbnb ROI: 2.34% Traditional ROI: 1.92%
1953 Annika Drive N Lake Elmo, MN Royal Club Gem on a highly desirable lot w pond views. This custom built villa offers high...	3 beds \| 3 baths \| 3,506 sq.ft.	$899,900	Airbnb cash on cash: 1.96% Traditional cash on cash: 0.92% Airbnb Rental Income: $4465 Traditional Rental Income: $2668 Airbnb ROI: 1.96% Traditional ROI: 0.92%
11436 Sunflower Lane N Lake Elmo, MN Welcome to this incredible one level home with bonus upper loft overlooking the park prese...	3 beds \| 3 baths \| 4,014 sq.ft.	$850,000	Airbnb cash on cash: 1.91% Traditional cash on cash: 1.1% Airbnb Rental Income: $4465 Traditional Rental Income: $2885 Airbnb ROI: 1.91% Traditional ROI: 1.1%
1796 Annika Avenue N Lake Elmo, MN Proud to present this stunning Villa located in the Exclusive Royal Golf Club which has re...	3 beds \| 3 baths \| 2,560 sq.ft.	$770,000	Airbnb cash on cash: 2.31% Traditional cash on cash: 2.2% Airbnb Rental Income: $4465 Traditional Rental Income: $3454 Airbnb ROI: 2.31% Traditional ROI: 2.2%
11472 Sunflower Lane N Lake Elmo, MN Welcome home to TJB Homes exciting new rambler plan in the Wildflower community. Warm and ...	3 beds \| 3 baths \| 3,355 sq.ft.	$899,900	Airbnb cash on cash: 1.69% Traditional cash on cash: 0.85% Airbnb Rental Income: $4465 Traditional Rental Income: $2828 Airbnb ROI: 1.69% Traditional ROI: 0.85%
1323 Palmer Drive N Lake Elmo, MN ELEVATOR! Welcome to this extraordinary 2022 Hartman Homes custom-built masterpiece, where...	3 beds \| 4 baths \| 5,247 sq.ft.	$2,099,000	Airbnb cash on cash: -0.41% Traditional cash on cash: -0.45% Airbnb Rental Income: $4465 Traditional Rental Income: $3438 Airbnb ROI: -0.41% Traditional ROI: -0.45%
9896 5th Street Lane N Lake Elmo, MN Sandwiched between lake Elmo Park Reserve and some of the finest shopping and restaurants ...	3 beds \| 3 baths \| 1,733 sq.ft.	$324,900	Airbnb cash on cash: 8.2% Traditional cash on cash: 4.67% Airbnb Rental Income: $4465 Traditional Rental Income: $2453 Airbnb ROI: 8.2% Traditional ROI: 4.67%
9125 16th Street N Lake Elmo, MN Welcome Home to 9125 16th Street N! A 2-story, 5 bedroom Home in Lake Elmo, on a 1- acre l...	5 beds \| 4 baths \| 4,040 sq.ft.	$756,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.02% Airbnb Rental Income: $null Traditional Rental Income: $3722 Airbnb ROI: N/A Traditional ROI: 3.02%
9891 5th Street Lane N Lake Elmo, MN Sandwiched between lake Elmo Park Reserve and some of the finest shopping and restaurants ...	3 beds \| 3 baths \| 1,733 sq.ft.	$339,900	Airbnb cash on cash: 7.76% Traditional cash on cash: 5.47% Airbnb Rental Income: $4465 Traditional Rental Income: $2802 Airbnb ROI: 7.76% Traditional ROI: 5.47%
11544 Arnie Way N Lake Elmo, MN Luxury living and Smart Home Tech in this Pratt-built detached villa at the Royal Golf Clu...	2 beds \| 3 baths \| 2,457 sq.ft.	$875,000	Airbnb cash on cash: 0.21% Traditional cash on cash: 0.88% Airbnb Rental Income: $2927 Traditional Rental Income: $2797 Airbnb ROI: 0.21% Traditional ROI: 0.88%
5052 Marquess Trail Court N Lake Elmo, MN Welcome to a splendid home in Carriage Station! The kitchen and mudroom have undergone a b...	5 beds \| 4 baths \| 3,309 sq.ft.	$682,900	Airbnb cash on cash: N/A Traditional cash on cash: 3.47% Airbnb Rental Income: $null Traditional Rental Income: $3724 Airbnb ROI: N/A Traditional ROI: 3.47%
343 Langly Avenue N Lake Elmo, MN Stunning 2-story home in one of the most convenient neighborhoods that Lake Elmo offers! S...	5 beds \| 4 baths \| 4,204 sq.ft.	$749,900	Airbnb cash on cash: N/A Traditional cash on cash: 2.91% Airbnb Rental Income: $null Traditional Rental Income: $3662 Airbnb ROI: N/A Traditional ROI: 2.91%
9086 Jade Cove N Lake Elmo, MN Exquisite villa home in model condition! Prepare to fall in love with this nearly new, bea...	3 beds \| 3 baths \| 2,975 sq.ft.	$629,900	Airbnb cash on cash: 3.28% Traditional cash on cash: 3.14% Airbnb Rental Income: $4465 Traditional Rental Income: $3452 Airbnb ROI: 3.28% Traditional ROI: 3.14%
10758 39th Street N Lake Elmo, MN Welcome to this beautiful 2-story home nestled in the heart of Lake Elmo, offering modern ...	4 beds \| 3 baths \| 3,074 sq.ft.	$674,900	Airbnb cash on cash: 2.88% Traditional cash on cash: 2.82% Airbnb Rental Income: $4108 Traditional Rental Income: $3200 Airbnb ROI: 2.88% Traditional ROI: 2.82%
11512 Arnie Way N Lake Elmo, MN Welcome to 11512 Arnie Way N in Lake Elmo, MN! This custom-built Pratt home offers 3 bedro...	3 beds \| 3 baths \| 2,881 sq.ft.	$899,900	Airbnb cash on cash: 1.5% Traditional cash on cash: 1.28% Airbnb Rental Income: $4465 Traditional Rental Income: $3346 Airbnb ROI: 1.5% Traditional ROI: 1.28%
11464 Blazingstar Court Lake Elmo, MN SOLD BEFORE PRINT	3 beds \| 3 baths \| 4,193 sq.ft.	$1,352,299	Airbnb cash on cash: 0.57% Traditional cash on cash: 0.07% Airbnb Rental Income: $4465 Traditional Rental Income: $2908 Airbnb ROI: 0.57% Traditional ROI: 0.07%
11801 32nd Street N Lake Elmo, MN Welcome Home to the charm of your southern exposure oversized corner lot. Then step insid...	4 beds \| 3 baths \| 2,519 sq.ft.	$575,000	Airbnb cash on cash: 3.7% Traditional cash on cash: 3.54% Airbnb Rental Income: $4108 Traditional Rental Income: $3147 Airbnb ROI: 3.7% Traditional ROI: 3.54%
8109 Hidden Bay Trail N Lake Elmo, MN Welcome to your Mid-Century Modern oasis nestled within the tranquil Tri Lakes neighborhoo...	4 beds \| 3 baths \| 2,862 sq.ft.	$475,000	Airbnb cash on cash: 4.96% Traditional cash on cash: 4.89% Airbnb Rental Income: $4108 Traditional Rental Income: $3204 Airbnb ROI: 4.96% Traditional ROI: 4.89%
9844 57th Street N Lake Elmo, MN Discover serenity in this exquisite rambler, nestled on over 4 acres of privacy. Luxurious...	4 beds \| 3 baths \| 3,729 sq.ft.	$825,000	Airbnb cash on cash: 1.97% Traditional cash on cash: 1.56% Airbnb Rental Income: $4108 Traditional Rental Income: $2919 Airbnb ROI: 1.97% Traditional ROI: 1.56%
11418 Sunflower Lane N Lake Elmo, MN Welcome to this custom build luxury Villa in Lake Elmo! Custom built by TJB with the origi...	3 beds \| 3 baths \| 2,776 sq.ft.	$765,000	Airbnb cash on cash: 2.71% Traditional cash on cash: 2.57% Airbnb Rental Income: $4465 Traditional Rental Income: $3429 Airbnb ROI: 2.71% Traditional ROI: 2.57%
2224 Legion Lane N Lake Elmo, MN This wonderful move-in ready home is situated on almost 2 wooded acres overlooking a backy...	4 beds \| 3 baths \| 2,301 sq.ft.	$589,900	Airbnb cash on cash: 3.59% Traditional cash on cash: 3.39% Airbnb Rental Income: $4108 Traditional Rental Income: $3122 Airbnb ROI: 3.59% Traditional ROI: 3.39%
10716 38th Trail N Lake Elmo, MN Built with superior quality by Hanson Builders in the serene community of Legacy at North ...	5 beds \| 4 baths \| 3,710 sq.ft.	$739,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.1% Airbnb Rental Income: $null Traditional Rental Income: $3733 Airbnb ROI: N/A Traditional ROI: 3.1%
11240 32nd Street N Lake Elmo, MN Professional photos coming soon. Rare opportunity to own a lovely home in Lk Elmo for unde...	3 beds \| 2 baths \| 1,896 sq.ft.	$389,900	Airbnb cash on cash: 7.29% Traditional cash on cash: 5.24% Airbnb Rental Income: $4465 Traditional Rental Income: $2780 Airbnb ROI: 7.29% Traditional ROI: 5.24%
720 James Avenue N Lake Elmo, MN Welcome home to this beautiful 2-story home in desirable Lake Elmo community. Built in 202...	4 beds \| 4 baths \| 3,211 sq.ft.	$659,900	Airbnb cash on cash: 2.91% Traditional cash on cash: 2.87% Airbnb Rental Income: $4108 Traditional Rental Income: $3208 Airbnb ROI: 2.91% Traditional ROI: 2.87%
326 Langly Avenue N Lake Elmo, MN A gorgeous 2-story home located in one of the most convenient locations in Lake Elmo! Be m...	5 beds \| 4 baths \| 4,002 sq.ft.	$699,900	Airbnb cash on cash: N/A Traditional cash on cash: 3.34% Airbnb Rental Income: $null Traditional Rental Income: $3707 Airbnb ROI: N/A Traditional ROI: 3.34%

Real Estate investment in Lake-elmo, MN

There are 30 properties for sale in the city of Lake Elmo . The median list price in Lake Elmo is $744,450 and the average price per square foot is $231. In May 2024, the average monthly cash on cash return in Lake Elmo is 3.00%. The average monthly rental income in Lake Elmo is $3,174.

Lake-elmo, MN Real Estate Investing: FAQs for Buyers, Sellers and Investors

There are 30 investment properties available for sale in Lake-elmo.

In 2024, the best neighborhood to buy investment property is Lake Elmo.

The ROI for Long-Term is higher than the Short-Term in Lake-elmo with average rental income of $3,174.

Your search for investment property begins and ends here

Investment Property for Sale in Lake Elmo, MN

8219 21st Street N

Lake Elmo, MN

4 beds | 3 baths | 5,202 sq.ft.

$899,900

Airbnb cash on cash: 1.93%

Traditional cash on cash: 1.66%

Airbnb Rental Income: $4108

Traditional Rental Income: $3012

Airbnb ROI: 1.93%

Traditional ROI: 1.66%

1687 Annika Drive N

Lake Elmo, MN

3 beds | 3 baths | 3,412 sq.ft.

$1,169,000

Airbnb cash on cash: 1.94%

Traditional cash on cash: 1.34%

Airbnb Rental Income: $4465

Traditional Rental Income: $2874

Airbnb ROI: 1.94%

Traditional ROI: 1.34%

11319 Latrobe Lane N

Lake Elmo, MN

3 beds | 3 baths | 3,289 sq.ft.

$1,075,000

Airbnb cash on cash: 2.04%

Traditional cash on cash: 1.42%

Airbnb Rental Income: $4465

Traditional Rental Income: $2910

Airbnb ROI: 2.04%

Traditional ROI: 1.42%

9002 7th Street N

Lake Elmo, MN

3 beds | 3 baths | 2,653 sq.ft.

$600,000

Airbnb cash on cash: 4.53%

Traditional cash on cash: 4.27%

Airbnb Rental Income: $4465

Traditional Rental Income: $3387

Airbnb ROI: 4.53%

Traditional ROI: 4.27%

8800 Irving Boulevard N

Lake Elmo, MN

3 beds | 2 baths | 1,887 sq.ft.

$548,000

Airbnb cash on cash: 4.28%

Traditional cash on cash: 3.92%

Airbnb Rental Income: $4465

Traditional Rental Income: $3346

Airbnb ROI: 4.28%

Traditional ROI: 3.92%

11331 Wildflower Drive N

Lake Elmo, MN

4 beds | 3 baths | 3,847 sq.ft.

$699,900

Airbnb cash on cash: 2.34%

Traditional cash on cash: 1.92%

Airbnb Rental Income: $4108

Traditional Rental Income: $2955

Airbnb ROI: 2.34%

Traditional ROI: 1.92%

1953 Annika Drive N

Lake Elmo, MN

3 beds | 3 baths | 3,506 sq.ft.

$899,900

Airbnb cash on cash: 1.96%

Traditional cash on cash: 0.92%

Airbnb Rental Income: $4465

Traditional Rental Income: $2668

Airbnb ROI: 1.96%

Traditional ROI: 0.92%

11436 Sunflower Lane N

Lake Elmo, MN

3 beds | 3 baths | 4,014 sq.ft.

$850,000

Airbnb cash on cash: 1.91%

Traditional cash on cash: 1.1%

Airbnb Rental Income: $4465

Traditional Rental Income: $2885

Airbnb ROI: 1.91%