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Lake City, MN Residential Income Properties for Sale

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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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Condo with Lake Pepin Views
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1,513 SF

Condo with Lake Pepin Views

101 S Washington St, Lake City, MN 55041

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

  • Stunning Lake Pepin views from a private deck.
  • Prime downtown location steps from shops, restaurants, parks, the marina, and the lake.
  • Secure building with rooftop community deck, fitness room, and heated garage with vehicle wash area.
  • Open‑concept kitchen and living area perfect for entertaining.
  • Two spacious bedrooms and two full baths, including a primary suite with a walk‑in closet.
Updated: Mar 10, 2025
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Based on your search, we've compiled 8 Potential Opportunities for your consideration. Besides 2 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.

Alma Riverfront Residential Lots
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0.30 Acres

Alma Riverfront Residential Lots

Stunning river views, buildable lots in Alma, WI.

S1546 Shawnee Dr, Alma, WI 54610
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End-Unit Townhome with Scenic Views
Contact for pricing
1,828 SF

End-Unit Townhome with Scenic Views

One-level living with scenic views near Hwy 58.

1813 Cherry St, Red Wing, MN 55066
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Mixed-Use Investment Opportunity in Alma
$225,000
0.11 Acres

Mixed-Use Investment Opportunity in Alma

Mixed-use property with commercial storefront and residential units in Alma.

103 S Main St, Alma, WI 54610
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Updated Fourplex with Income Potential
Contact for pricing

Updated Fourplex with Income Potential

Updated fourplex featuring long-term tenants and a thriving short-term rental.

504 Buchanan St, Red Wing, MN 55066
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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

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

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 Residential Income Properties Investment Opportunities Market Analysis

Explore 4 residential income properties for sale in Lake City, MN 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 residential income 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.

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