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

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    Stockholm, WI Pepin, WI Frontenac, MN 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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    Realmo Analytics Monitor Off-market properties and contact owners who are ready to sell. Many signals applied to make quality leads for you. Get Leads
    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.

    5-Unit Apartment Building
    5-Unit Apartment Building

    815 W 4th St, Red Wing, MN 55066

    $370,000
    2,829 sqft

    Fully leased multifamily property with a diversified unit mix, updated interiors, and parking available on-site and along the street.

    View details
    Historic Italianate Mixed-Use Building
    Historic Italianate Mixed-Use Building

    409 Main St, Red Wing, MN 55066

    $379,000
    5,400 sqft

    Keystone Building is a landmark Italianate structure with street-level commercial space and two high-ceiling residential apartments upstairs.

    View details
    Side-by-Side Duplex with Garages
    Side-by-Side Duplex with Garages

    2920 18 Avenue NW, Rochester, MN 55901

    $384,000
    2,496 sqft 0.19 AC lot

    Two separately metered residences provide private entrances and in-unit laundry.

    View details
    17-Unit Multifamily Portfolio
    17-Unit Multifamily Portfolio

    540 Northern Hills Drive NE, Rochester, MN 55906

    $1,285,000

    The offering combines individually titled residences across two buildings within one association.

    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

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

    71109 Hwy 61, Lake City, MN 55041

    Estimated value:
    $255,000
    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%

    High-Yield Neighborhoods for Investment

    Identify Lake City submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    55041 $2.3M

    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%

    How Realmo verifies these figures

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    Browse Multifamily properties for Sale Near Lake City, MN

    Popular Searches in Lake City, MN

    Most Searched ZIP Codes in Lake City, MN

    • 55041

    Featured Lake City Real Estate Agencies

    Realmo connects you with licensed Lake City CRE brokers providing property specifications, local market pricing, and commercial transaction underwriting support.

    Meincke-Schurhammer Real Estate, LLC
    109 S. Lakeshore Dr. Lake City, MN 55041
    Phone: (651) 345-5667
    Great River Brokers
    1015 N Lakeshore Dr, P. O. Box 69 Lake City, MN 55041
    Phone: (651) 345-5305
    Why this one?
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