48
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$315,000
Est. payment /mo
2,179 SqFt
New
314 N High ST Lake City, MN 55041
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Key Details
Property Type Multi-Family
Sub Type Duplex Up and Down
Listing Status Active
Purchase Type For Sale
Square Footage 2,179 sqft
Price per Sqft $144
Subdivision Lake City
MLS Listing ID 6704643
Year Built 1901
Annual Tax Amount $3,418
Tax Year 2025
Contingent None
Lot Size 9,583 Sqft
Acres 0.22
Lot Dimensions 105,125,105,125
Property Sub-Type Duplex Up and Down
Property Description
This beautifully updated duplex offers flexibility, charm, and strong rental potential—all on a spacious 13,125 sq ft lot. With over 2,100 finished square feet, the property includes two well-appointed units:
The Jasmine Apartment (main floor) features 2 bedrooms, 1 full bath, in-unit laundry, and approx. 1,100 sq ft.
The Fire Lily Apartment (upper level) offers 2 bedrooms, 1 ¾ bath, and approx. 1,079 sq ft.
Extensive updates throughout include new spray-foam insulation, new garage roof (2023), upgraded plumbing (PEX), updated electrical in remodeled areas, new light and plumbing fixtures, fresh knockdown ceilings, and new carpet throughout. The home has also been legally converted to a duplex with proper permitting, including a new second bedroom addition on the main level and a block foundation added to most of the structure.
Exterior improvements include a new sidewalk, concrete patio, grading and topsoil restoration, and a newly seeded lawn (2024).
Income-producing and well-maintained, this home is currently operated as a successful vacation rental, with the option to sell furnished or unfurnished. It's an ideal opportunity for investors, house hackers, or owner-occupants looking for move-in ready comfort and income potential.
The Jasmine Apartment (main floor) features 2 bedrooms, 1 full bath, in-unit laundry, and approx. 1,100 sq ft.
The Fire Lily Apartment (upper level) offers 2 bedrooms, 1 ¾ bath, and approx. 1,079 sq ft.
Extensive updates throughout include new spray-foam insulation, new garage roof (2023), upgraded plumbing (PEX), updated electrical in remodeled areas, new light and plumbing fixtures, fresh knockdown ceilings, and new carpet throughout. The home has also been legally converted to a duplex with proper permitting, including a new second bedroom addition on the main level and a block foundation added to most of the structure.
Exterior improvements include a new sidewalk, concrete patio, grading and topsoil restoration, and a newly seeded lawn (2024).
Income-producing and well-maintained, this home is currently operated as a successful vacation rental, with the option to sell furnished or unfurnished. It's an ideal opportunity for investors, house hackers, or owner-occupants looking for move-in ready comfort and income potential.
Location
State MN
County Wabasha
Zoning Residential-Multi-Family
Rooms
Basement Crawl Space
Interior
Heating Forced Air
Fireplace No
Exterior
Parking Features Detached, Gravel
Garage Spaces 2.0
Building
Lot Description Corner Lot, Many Trees
Story Two
Foundation 1124
Sewer City Sewer/Connected
Water City Water/Connected
Level or Stories Two
Structure Type Vinyl Siding,Wood Siding
New Construction false
Schools
School District Lake City
Listed by Amy Dills • Brick & Banister Real Estate
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