Lake Elmo, MN Investment Properties

4,775 results

Find, analyze, and compare Lake Elmo, MN investment properties, including off-market opportunities and residential homes with value-add potential. Lake Elmo offers a diverse housing market with single-family homes, and vacant properties. Investors can explore potential investment opportunities for long-term rentals (LTRs) throughout Minnesota. Explore housing market trends in Lake Elmo, where up-and-coming neighborhoods may offer potential for passive rental income and other investment strategies. Property Intel by Whitepages makes it easy to analyze market trends, uncover off-market properties, compare neighborhood benchmarks, and access owner contact information to help you find the best investment properties in Lake Elmo, MN for your real estate goals.

In Lake Elmo, the median property value currently stands at $504,074, reflecting a 2.51% year-over-year increase based on recent sales. The 5-year appreciation forecast estimates values reaching $898,483 (a 0.02% gain). The housing market includes a total of 5,270 houses.The median home in Lake Elmo has 2,743 square feet of living space, priced at a median of $181 per square foot with a median year built of 2003. For long-term rental properties in Lake Elmo, the median annual gross rental income is $33,000 (or $2,750/month) with estimated operating expenses of $13,101, resulting in an approximate gross cap rate of 3.87%.

Property Intel by Whitepages helps investors and homeowners explore the Lake Elmo area by offering market analysis tools, neighborhood benchmarks, owner contact information, and interactive maps. These tools support research into investment properties, including foreclosure data and off-market listings in Lake Elmo, MN.

$749K - $796K
Est. Value
1915 Annika Dr N
Lake Elmo, MN 55042
South Lake Elmo
3 beds • 4 baths • 3,074 sq ft
8,919 sq ft lot • Built: 2021
Last Sold: $819K in 2021
$473K - $511K
Est. Value
9044 7th St N
Lake Elmo, MN 55042
South Lake Elmo
2 beds • 3 baths • 3,057 sq ft
9,082 sq ft lot • Built: 2019
Last Sold: $613K in 2019
$413K - $474K
Est. Value
5085 Linden Trl N
Lake Elmo, MN 55042
55042
3 beds • 3.25 baths • 2,508 sq ft
21,804 sq ft lot • Built: 1999
Last Sold: $375K in 2019
$545K - $595K
Est. Value
569 6th Street Ln N
Lake Elmo, MN 55042
South Lake Elmo
5 beds • 5 baths • 4,428 sq ft
9,984 sq ft lot • Built: 2017
Last Sold: $527K in 2017
$540K - $589K
Est. Value
577 6th Street Ln N
Lake Elmo, MN 55042
South Lake Elmo
5 beds • 4 baths • 4,354 sq ft
11,124 sq ft lot • Built: 2018
Last Sold: $513K in 2019
$703K - $752K
Est. Value
4931 Lilac Way N
Lake Elmo, MN 55042
55042
5 beds • 3.5 baths • 3,934 sq ft
26,950 sq ft lot • Built: 1998
Last Sold: $515K in 2014
$759K - $838K
Est. Value
2987 Jonquil Trl N
Lake Elmo, MN 55042
55042
5 beds • 4.25 baths • 4,275 sq ft
33,232 sq ft lot • Built: 2006
Last Sold: $725K in 2018
$542K - $585K
Est. Value
5655 Highlands Trl N
Lake Elmo, MN 55042
55042
4 beds • 2 baths • 3,048 sq ft
43,800 sq ft lot • Built: 1980
Last Sold: $475K in 2017
$376K - $421K
Est. Value
9643 James Cir N
Lake Elmo, MN 55042
South Lake Elmo
2 beds • 2 baths • 1,733 sq ft
13,656 sq ft lot • Built: 2020
Last Sold: $442K in 2020
$270K - $288K
Est. Value
9821 5th Street Ln N
Lake Elmo, MN 55042
South Lake Elmo
3 beds • 3 baths • 1,861 sq ft
1,855 sq ft lot • Built: 2017
Last Sold: $310K in 2017
$682K - $777K
Est. Value
1517 Palmer Dr N
Lake Elmo, MN 55042
South Lake Elmo
1 bed • 2 baths • 1,967 sq ft
11,251 sq ft lot • Built: 2023
Last Sold: $869K in 2022
$567K - $625K
Est. Value
5096 Marquess Trail Ct N
Lake Elmo, MN 55042
55042
5 beds • 2.5 baths • 2,907 sq ft
26,372 sq ft lot • Built: 2001
Last Sold: $363K in 2001
$408K - $460K
Est. Value
10191 Tapestry Rd
Lake Elmo, MN 55042
55042
3 beds • 3 baths • 2,668 sq ft
32,675 sq ft lot • Built: 2013
Last Sold: $115K in 2013
$536K - $587K
Est. Value
9580 James Cir N
Lake Elmo, MN 55042
South Lake Elmo
5 beds • 3 baths • 3,242 sq ft
11,452 sq ft lot • Built: 2020
Last Sold: $3.98M in 2019
$472K - $515K
Est. Value
11703 32nd St N
Lake Elmo, MN 55042
Village
4 beds • 4 baths • 3,318 sq ft
11,182 sq ft lot • Built: 2017
Last Sold: $415K in 2017
$523K - $560K
Est. Value
4676 Larkspur Ln N
Lake Elmo, MN 55042
55042
3 beds • 3 baths • 3,814 sq ft
14,962 sq ft lot • Built: 1997
Last Sold: $484K in 2017
$536K - $580K
Est. Value
5083 Marquess Trail Cir N
Lake Elmo, MN 55042
55042
5 beds • 4.25 baths • 3,147 sq ft
17,787 sq ft lot • Built: 2001
Last Sold: $375K in 2015
$764K - $856K
Est. Value
9936 Tapestry Rd
Lake Elmo, MN 55042
55042
5 beds • 2.5 baths • 3,632 sq ft
32,812 sq ft lot • Built: 2006
Last Sold: $724K in 2017
$583K - $637K
Est. Value
618 Juniper Ct N
Lake Elmo, MN 55042
South Lake Elmo
5 beds • 5 baths • 4,927 sq ft
10,259 sq ft lot • Built: 2015
Last Sold: $491K in 2015
$469K - $519K
Est. Value
3115 Laverne Ct N
Lake Elmo, MN 55042
Village
5 beds • 2 baths • 2,324 sq ft
13,496 sq ft lot • Built: 1968
Last Sold: $250K in 2002
$453K - $492K
Est. Value
9091 Jade Cv N
Lake Elmo, MN 55042
South Lake Elmo
3 beds • 3 baths • 2,537 sq ft
9,467 sq ft lot • Built: 2021
Last Sold: $643K in 2022
$342K - $378K
Est. Value
9275 Lake Jane Trl N
Lake Elmo, MN 55042
55042
3 beds • 1.5 baths • 1,924 sq ft
45,347 sq ft lot • Built: 1963
Last Sold: $320K in 2022
$556K - $595K
Est. Value
5470 Marquess Trl N
Lake Elmo, MN 55042
55042
5 beds • 4.25 baths • 3,106 sq ft
13,773 sq ft lot • Built: 2000
Last Sold: $64.9K in 2002
$287K - $307K
Est. Value
9908 5th Street Ln N
Lake Elmo, MN 55042
South Lake Elmo
3 beds • 3 baths • 1,798 sq ft
2,208 sq ft lot • Built: 2016
Last Sold: $260K in 2016
$514K - $548K
Est. Value
12324 Marquess Way N
Lake Elmo, MN 55042
55042
5 beds • 2.5 baths • 2,677 sq ft
11,670 sq ft lot • Built: 2003
Last Sold: $340K in 2003
$513K - $577K
Est. Value
11162 4th St N
Lake Elmo, MN 55042
South Lake Elmo
5 beds • 4 baths • 3,290 sq ft
10,354 sq ft lot • Built: 2015
Last Sold: $434K in 2015
$509K - $553K
Est. Value
9330 Jane Ct N
Lake Elmo, MN 55042
55042
4 beds • 4.5 baths • 2,439 sq ft
35,647 sq ft lot • Built: 1971
Last Sold: $220K in 2000
$714K - $788K
Est. Value
9203 55th St N
Lake Elmo, MN 55042
55042
3 beds • 3.75 baths • 4,152 sq ft
80,825 sq ft lot • Built: 1987
Last Sold: $690K in 2020
$556K - $603K
Est. Value
2390 Legion Ln N
Lake Elmo, MN 55042
55042
4 beds • 4.5 baths • 3,001 sq ft
43,617 sq ft lot • Built: 1977
Last Sold: $444K in 2007
$523K - $587K
Est. Value
9379 Jane Cir N
Lake Elmo, MN 55042
55042
5 beds • 1.5 baths • 2,187 sq ft
70,868 sq ft lot • Built: 1988
Last Sold: $282K in 2018

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MNLake Elmo

Housing Market Trends & Statistics for Lake Elmo, Minnesota

Median Property Value

$504,074

Total number of Properties

5,270

Median Living Space

2,743 sq ft

Median Year Built

2003 (22 years)

5-Year Appreciation Forecast

$898,483

Median Lot Size

20,899 sq ft

Average Ownership

10 months

for Lake Elmo, MN

Est. Rental Income
$33,000 ($2,750 per month)
Net Operating Income
$19,900 ($1,658 per month)
Cap Rate
3.87%

Lake Elmo, MN Investment Properties

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Lake Elmo, MN Investment Properties

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