Real Estate Investment Properties for Sale in Park Rapids, MN

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

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

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
1122 Timbers Drive Park Rapids, MN Looking for living all on one level? It's here! This beautiful 2 bdr, 2 ba home convenie...	2 beds \| 2 baths \| 2,288 sq.ft.	$319,000	Airbnb cash on cash: 5.12% Traditional cash on cash: 5.39% Airbnb Rental Income: $2974 Traditional Rental Income: $2371 Airbnb ROI: 5.12% Traditional ROI: 5.39%
20745 Harmony Road Park Rapids, MN Picturesque is how best to describe this awesome, recently remodeled up north getaway. Pro...	3 beds \| 1 baths \| 907 sq.ft.	$475,000	Airbnb cash on cash: N/A Traditional cash on cash: 2.8% Airbnb Rental Income: $null Traditional Rental Income: $1953 Airbnb ROI: N/A Traditional ROI: 2.8%
26315 Icon Drive #102 Park Rapids, MN Welcome to Thunderwood Estates on Island Lake. Excellent opportunity for carefree living i...	2 beds \| 1 baths \| 720 sq.ft.	$179,900	Airbnb cash on cash: 9.48% Traditional cash on cash: 6.04% Airbnb Rental Income: $2974 Traditional Rental Income: $1701 Airbnb ROI: 9.48% Traditional ROI: 6.04%
216 High Street Park Rapids, MN Park Rapids City Home - This 4-bedroom home has been recently painted, new Anderson window...	3 beds \| 2 baths \| 2,392 sq.ft.	$309,000	Airbnb cash on cash: N/A Traditional cash on cash: 6.86% Airbnb Rental Income: $null Traditional Rental Income: $2685 Airbnb ROI: N/A Traditional ROI: 6.86%
301 Central Avenue N Park Rapids, MN Charming one-bedroom home in a prime Park Rapids location! This cozy residence sits on a d...	1 beds \| 1 baths \| 566 sq.ft.	$110,000	Airbnb cash on cash: N/A Traditional cash on cash: 9.21% Airbnb Rental Income: $null Traditional Rental Income: $1258 Airbnb ROI: N/A Traditional ROI: 9.21%
509 Fair Avenue Park Rapids, MN Discover cozy living in this delightful 1-bedroom, 1-bathroom home in the heart of Park Ra...	1 beds \| 1 baths \| 1,096 sq.ft.	$211,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.69% Airbnb Rental Income: $null Traditional Rental Income: $1530 Airbnb ROI: N/A Traditional ROI: 5.69%
506 Grove Avenue N Park Rapids, MN Check out this 3-bed, 2 bath home in Park Rapids. The home sits on a 1.1 acre lot with man...	3 beds \| 2 baths \| 2,694 sq.ft.	$289,900	Airbnb cash on cash: N/A Traditional cash on cash: 7.25% Airbnb Rental Income: $null Traditional Rental Income: $2699 Airbnb ROI: N/A Traditional ROI: 7.25%
22292 County 7 #5 Park Rapids, MN Low maintenance cabin life at its finest in this 2 bed, 1 bath lakeside retreat. Charming ...	2 beds \| 1 baths \| 633 sq.ft.	$224,900	Airbnb cash on cash: 7.7% Traditional cash on cash: 4.56% Airbnb Rental Income: $2974 Traditional Rental Income: $1622 Airbnb ROI: 7.7% Traditional ROI: 4.56%
35365 E Boot Lake Road Park Rapids, MN Don't miss this amazing architecturally designed 4 bed, 3 bath home on picturesque Boot La...	4 beds \| 3 baths \| 3,812 sq.ft.	$999,900	Airbnb cash on cash: N/A Traditional cash on cash: 1.82% Airbnb Rental Income: $null Traditional Rental Income: $3186 Airbnb ROI: N/A Traditional ROI: 1.82%
27303 Island Trail Park Rapids, MN Let your dreams become your favorite memories with this unique Island Lake property 15 min...	3 beds \| 2 baths \| 2,184 sq.ft.	$830,000	Airbnb cash on cash: N/A Traditional cash on cash: 2.1% Airbnb Rental Income: $null Traditional Rental Income: $2831 Airbnb ROI: N/A Traditional ROI: 2.1%
19106 US 71 Park Rapids, MN NEW FLOORING AND UPDATES! This charming property features 3 bedrooms, 2 bathrooms, and an ...	3 beds \| 2 baths \| 2,316 sq.ft.	$349,900	Airbnb cash on cash: N/A Traditional cash on cash: 6.54% Airbnb Rental Income: $null Traditional Rental Income: $2938 Airbnb ROI: N/A Traditional ROI: 6.54%
510 5th Street W Park Rapids, MN This is a spacious 5-bedroom, 2-1/2-bathroom home located in Park Rapids City. It has unde...	5 beds \| 3 baths \| 1,828 sq.ft.	$239,900	Airbnb cash on cash: N/A Traditional cash on cash: 10.22% Airbnb Rental Income: $null Traditional Rental Income: $2870 Airbnb ROI: N/A Traditional ROI: 10.22%
35366 E Boot Lake Road Park Rapids, MN Check out this 4 bed, 3 bath lake home on high water clarity, Boot Lake south of Itasca St...	4 beds \| 3 baths \| 1,476 sq.ft.	$550,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.56% Airbnb Rental Income: $null Traditional Rental Income: $2623 Airbnb ROI: N/A Traditional ROI: 3.56%
410 Pleasant Avenue S Park Rapids, MN Prime location just a block off Main Street in Park Rapids. This historic property was ori...	1 beds \| 2 baths \| 4,160 sq.ft.	$199,948	Airbnb cash on cash: N/A Traditional cash on cash: 6.28% Airbnb Rental Income: $null Traditional Rental Income: $1639 Airbnb ROI: N/A Traditional ROI: 6.28%
330 Eagle Drive Park Rapids, MN Conveniently located on the north edge of Park Rapids, this 4 bedroom home is close to the...	4 beds \| 2 baths \| 1,901 sq.ft.	$264,900	Airbnb cash on cash: N/A Traditional cash on cash: 8.38% Airbnb Rental Income: $null Traditional Rental Income: $2656 Airbnb ROI: N/A Traditional ROI: 8.38%
716 Park Avenue N #3 Park Rapids, MN Very rare! Brand new construction home with Fish Hook River beach frontage and easy access...	2 beds \| 2 baths \| 2,080 sq.ft.	$439,000	Airbnb cash on cash: 3.7% Traditional cash on cash: 4.93% Airbnb Rental Income: $2974 Traditional Rental Income: $2795 Airbnb ROI: 3.7% Traditional ROI: 4.93%
27620 Island View Drive Park Rapids, MN A once-in-a-lifetime find on highly regarded Big Mantrap Lake! This is such an extraordina...	5 beds \| 6 baths \| 5,305 sq.ft.	$2,499,900	Airbnb cash on cash: N/A Traditional cash on cash: 1.07% Airbnb Rental Income: $null Traditional Rental Income: $6242 Airbnb ROI: N/A Traditional ROI: 1.07%
18892 Estate Drive Park Rapids, MN Discover this stunning 3-bedroom, 2-bathroom home on Mud Lake, boasting over 700 ft. of la...	3 beds \| 2 baths \| 1,823 sq.ft.	$374,900	Airbnb cash on cash: N/A Traditional cash on cash: 6.18% Airbnb Rental Income: $null Traditional Rental Income: $2807 Airbnb ROI: N/A Traditional ROI: 6.18%
14070 County 18 Park Rapids, MN Great property on Fishhook lake near Park Rapids. Featuring 3 bedrooms, 2 bathrooms, a wa...	3 beds \| 2 baths \| 1,882 sq.ft.	$375,000	Airbnb cash on cash: N/A Traditional cash on cash: 6.22% Airbnb Rental Income: $null Traditional Rental Income: $2823 Airbnb ROI: N/A Traditional ROI: 6.22%
14614 E Fish Hook Drive Park Rapids, MN Fish Hook Lake! So much to list, main home features 4 bedrooms, 2 3/4 baths and lots of sp...	4 beds \| 3 baths \| 3,500 sq.ft.	$599,900	Airbnb cash on cash: N/A Traditional cash on cash: 4.46% Airbnb Rental Income: $null Traditional Rental Income: $3597 Airbnb ROI: N/A Traditional ROI: 4.46%
500 Park Avenue S Park Rapids, MN Classic American Foursquare home in Park Rapids! Built in 1929, the features include origi...	4 beds \| 3 baths \| 2,096 sq.ft.	$297,900	Airbnb cash on cash: N/A Traditional cash on cash: 9.6% Airbnb Rental Income: $null Traditional Rental Income: $3261 Airbnb ROI: N/A Traditional ROI: 9.6%
24600 County 4 Park Rapids, MN Park Rapids country home with a prime location between Blue and Big Sand lakes. 11 stunnin...	1 beds \| 2 baths \| 1,580 sq.ft.	$379,900	Airbnb cash on cash: N/A Traditional cash on cash: 3.85% Airbnb Rental Income: $null Traditional Rental Income: $2003 Airbnb ROI: N/A Traditional ROI: 3.85%
21088 Fir Trail Park Rapids, MN Opportunity awaits on this beautifully wooded 8 acres, with Fish Hook Lake view. Only 6 mi...	4 beds \| 2 baths \| 2,320 sq.ft.	$250,000	Airbnb cash on cash: N/A Traditional cash on cash: 9.64% Airbnb Rental Income: $null Traditional Rental Income: $2735 Airbnb ROI: N/A Traditional ROI: 9.64%
14714 150th Street Park Rapids, MN This 3-bedroom home is situated on 2 lots totaling 4.06 acres. Recent updates include new ...	3 beds \| 1 baths \| 1,285 sq.ft.	$170,000	Airbnb cash on cash: N/A Traditional cash on cash: 10.31% Airbnb Rental Income: $null Traditional Rental Income: $2028 Airbnb ROI: N/A Traditional ROI: 10.31%
35700 NW Angle Lane Park Rapids, MN Beautiful year-round lake property on one of the most desirable lakes in the north country...	2 beds \| 2 baths \| 1,632 sq.ft.	$439,000	Airbnb cash on cash: 3.96% Traditional cash on cash: 4.61% Airbnb Rental Income: $2974 Traditional Rental Income: $2559 Airbnb ROI: 3.96% Traditional ROI: 4.61%
16272 Farmland Drive Park Rapids, MN Nestled amidst a stunning 20-acre expanse of wooded terrain, this premier country home off...	4 beds \| 3 baths \| 3,703 sq.ft.	$649,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.46% Airbnb Rental Income: $null Traditional Rental Income: $3076 Airbnb ROI: N/A Traditional ROI: 3.46%
28021 Co. 4 Park Rapids, MN Ready to leave the hustle and bustle behind? Come up North to a cozy little home and own ...	2 beds \| 1 baths \| 1,525 sq.ft.	$549,900	Airbnb cash on cash: 2.25% Traditional cash on cash: 1.28% Airbnb Rental Income: $2974 Traditional Rental Income: $1795 Airbnb ROI: 2.25% Traditional ROI: 1.28%
1200 Fish Hook Avenue Park Rapids, MN This 5 bedroom, 3 bath home sits on a 1 acre lot with a peaceful country vibe. Itâs a gr...	5 beds \| 3 baths \| 2,448 sq.ft.	$375,000	Airbnb cash on cash: N/A Traditional cash on cash: 7.67% Airbnb Rental Income: $null Traditional Rental Income: $3503 Airbnb ROI: N/A Traditional ROI: 7.67%

Real Estate investment in Park-rapids, MN

There are 36 properties for sale in the city of Park Rapids . The median list price in Park Rapids is $304,500 and the average price per square foot is $151. In November 2024, the average monthly cash on cash return in Park Rapids is 6.00%. The average monthly rental income in Park Rapids is $2,640.

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

There are 36 investment properties available for sale in Park-rapids.

In 2024, the best neighborhood to buy investment property is Park Rapids.

The ROI for Short-Term is higher than the Long-Term in Park-rapids with average rental income of $2,974.

Your search for investment property begins and ends here

Investment Property for Sale in Park Rapids, MN

1122 Timbers Drive

Park Rapids, MN

2 beds | 2 baths | 2,288 sq.ft.

$319,000

Airbnb cash on cash: 5.12%

Traditional cash on cash: 5.39%

Airbnb Rental Income: $2974

Traditional Rental Income: $2371

Airbnb ROI: 5.12%

Traditional ROI: 5.39%

20745 Harmony Road

Park Rapids, MN

3 beds | 1 baths | 907 sq.ft.

$475,000

Airbnb cash on cash: N/A

Traditional cash on cash: 2.8%

Airbnb Rental Income: $null

Traditional Rental Income: $1953

Airbnb ROI: N/A

Traditional ROI: 2.8%

26315 Icon Drive #102

Park Rapids, MN

2 beds | 1 baths | 720 sq.ft.

$179,900

Airbnb cash on cash: 9.48%

Traditional cash on cash: 6.04%

Airbnb Rental Income: $2974

Traditional Rental Income: $1701

Airbnb ROI: 9.48%

Traditional ROI: 6.04%

216 High Street

Park Rapids, MN

3 beds | 2 baths | 2,392 sq.ft.

$309,000

Airbnb cash on cash: N/A

Traditional cash on cash: 6.86%

Airbnb Rental Income: $null

Traditional Rental Income: $2685

Airbnb ROI: N/A

Traditional ROI: 6.86%

301 Central Avenue N

Park Rapids, MN

1 beds | 1 baths | 566 sq.ft.

$110,000

Airbnb cash on cash: N/A

Traditional cash on cash: 9.21%

Airbnb Rental Income: $null

Traditional Rental Income: $1258

Airbnb ROI: N/A

Traditional ROI: 9.21%

509 Fair Avenue

Park Rapids, MN

1 beds | 1 baths | 1,096 sq.ft.

$211,000

Airbnb cash on cash: N/A

Traditional cash on cash: 5.69%

Airbnb Rental Income: $null

Traditional Rental Income: $1530

Airbnb ROI: N/A

Traditional ROI: 5.69%

506 Grove Avenue N

Park Rapids, MN

3 beds | 2 baths | 2,694 sq.ft.

$289,900

Airbnb cash on cash: N/A

Traditional cash on cash: 7.25%

Airbnb Rental Income: $null

Traditional Rental Income: $2699

Airbnb ROI: N/A

Traditional ROI: 7.25%

22292 County 7 #5

Park Rapids, MN

2 beds | 1 baths | 633 sq.ft.

$224,900

Airbnb cash on cash: 7.7%

Traditional cash on cash: 4.56%

Airbnb Rental Income: $2974

Traditional Rental Income: $1622

Airbnb ROI: 7.7%