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    Lake City, MN
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    Lake City, MN Multifamily Properties for Sale

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    Stockholm, WI Frontenac, MN Pepin, WI Wabasha, MN Plum City, WI Maiden Rock, WI Arkansaw, WI Red Wing, MN
    Hotel With Lodge Units
    Updated: Jun 10
    Hotel With Lodge Units

    1127 N Lakeshore Dr, Lake City, MN 55041

    $2,325,000
    0.71 AC lot
    Nine guest suites and two lodge‑style units
    Approximately 0.71 acres overlooking Lake Pepin
    Located along the Highway 61 corridor
    Municipal water and sewer service with on‑site parking
    Substantial renovation and redevelopment completed in 2003
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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 7 Potential Opportunities for your consideration. Besides 1 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

    Opportunities in Nearby Cities

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

    Updated Duplex with Garage
    Updated Duplex with Garage

    1134 Central Avenue, Red Wing, MN 55066

    $215,000
    1,946 sqft 0.17 AC lot

    Upper-and-lower layout with refreshed interiors, rear garage storage, and driveway parking on a corner lot.

    View details
    Updated Upper/Lower Duplex
    Updated Upper/Lower Duplex

    1134 Central Avenue, Red Wing, MN 55066

    $215,000
    1,946 sqft

    Two residential units offer a two-bedroom main floor and an upper-level 1+-bedroom layout.

    View details
    Updated Up-and-Down Duplex
    Updated Up-and-Down Duplex

    400 S Main Street, Pine Island, MN 55963

    $275,000
    2,182 sqft 0.19 AC lot

    Two residences offer separate living spaces with in-unit laundry and a detached garage.

    View details
    Updated Duplex with Garage
    Updated Duplex with Garage

    400 S Main St, Pine Island, MN 55963

    $275,000
    2,182 sqft

    Up-and-down layout includes in-unit laundry, a covered front porch, and a rear concrete patio.

    View details

    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.

    909 Lakewood Ave
    MOBILE HOME PARK, TRAILER PARK

    909 Lakewood Ave, Lake City, MN 55041-2210

    $2,595,000
    Estimated value
    View details
    71109 Hwy 61
    MOBILE HOME PARK, TRAILER PARK

    71109 Hwy 61, Lake City, MN 55041

    $255,000
    Estimated value
    960 sqft 38.94 AC lot
    View details

    Lake City, MN Multifamily Properties Market Trends and Statistics

    Explore 3 multifamily properties for sale in Lake City, MN on our real estate platform.

    Sale prices for multifamily properties in Lake City, MN average $2,325,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Short term rental properties 1

    Demographics Overview

    Population 7,532
    Population Growth (5Y) -3.4%
    Median Household Income $83,673
    College Educated 43.3%

    Taxes & Financing

    Tax Rate (average for all types) 2.19%
    Property Tax per SF $19.09 per SF
    Tax Rate vs County Average 0.20 pp above county avg
    Average Loan-to-Value 65.0%

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