Lake City, MN Multifamily properties for sale

Turnkey Investment Opportunity Near Lake Pepin

$599,000

0.29 Acres

Turnkey Investment Opportunity Near Lake Pepin

70984 Highway 61, Lake City, MN 55041

High-income investment property near Lake Pepin with multiple revenue streams.

High‑income investment opportunity capitalizing on the Great River Road tourism market.
Six distinct revenue streams provide diverse income potential.
Four modern Tiny Homes designed for the high‑demand "glamping" market.
Versatile Duplex with a 2‑bedroom unit and a 1‑bedroom studio, ideal for owner‑occupancy or rental.
Prime location between Wabasha and Lake City, near the National Eagle Center and water skiing birthplace.

Updated: Jan 20

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Income-Producing Duplex with Recent Updates

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2,010 SF

Income-Producing Duplex with Recent Updates

311 N Prairie St, Lake City, MN 55041

Updated duplex with short-term rental history and flexible living options.

Income‑producing duplex generating over $33,500 in gross annual revenue.
Fully furnished units are move‑in/rental‑ready, offering immediate income potential.
Two updated units: Snowdrop (3 bed, 1 bath) with refinished hardwood floors, and Marigold (2 bed, 1.75 bath) with new carpet and paint.
New roof installed in 2024.
Spacious 9,000 sq ft lot with updated landscaping and backyard firepit area.

Updated: Apr 17, 2025

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1,513 SF

Condo with Lake Pepin Views

Immaculate condo with lake views, downtown location, and great amenities.

101 S Washington St, Lake City, MN 55041

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Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 3 Active listings in Lake City, MN, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 2 Off-Market properties to explore as potential leads

Explore Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

$995,000

NW Rochester Land: 2.5 Acres

Prime NW Rochester development land. Multifamily potential.

3718 65Th St, Rochester, MN 55901

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1.50 Acres

Rochester Development Opportunity

Prime retail, multifamily land. Shovel-ready Fall 2024.

55th 18Th Ave, Rochester, MN 55901

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Pending

$135,000

888 SF

Student Rental Near UW-Stout

Two-bedroom student rental property near UW-Stout with strong rental history.

1307 Broadway St S, Menomonie, WI 54751

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$395,000

2,807 SF

Menomonie Duplex: Income Opportunity

Side-by-side duplex in Menomonie, ideal for investors or owner-occupants.

N7018/7020 564Th St, Menomonie, WI 54751

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Explore Off-Market Properties in Lake City, MN

Consider similar Off-Market properties in Lake City, MN. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

71109 Hwy 61

MOBILE HOME PARK, TRAILER PARK • 960 SF

Value Estimation by Request

71109 Hwy 61, Lake City, MN 55041

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909 Lakewood Ave

MOBILE HOME PARK, TRAILER PARK

Value Estimation

$2,760,000

909 Lakewood Ave, Lake City, MN 55041-2210

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Lake City, MN Multifamily Properties Investment Opportunities Market Analysis

Explore 5 multifamily properties for sale in Lake City, MN, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 1,708,858 square feet of properties for sale, with an estimated market value of $854,000.

Sale prices for multifamily properties in Lake City, MN start at $255,000, averaging $427,000, and reaching up to $599,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

Lake City, MN Multifamily Properties for Sale

Turnkey Investment Opportunity Near Lake Pepin

High-income investment property near Lake Pepin with multiple revenue streams.