Property Listing
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. If you like this property, be sure to check out our other listing at 311 Prairie Street —these two are owned together and have a lot in common!
Property Information
Status: Active
Sub Type: ********
List Price: $295,000
MLS#: 6704643
Current Price: $295,000
Address: 314 N High Street, Lake City, MN 55041
City: Lake City
State: MN
Postal Code: 55041
Geo Lat: 44.450772
Geo Lon: -92.27023
Subdivision: Lake City
County: Wabasha
Property Description
Year Built: 1901
Lot Size SqFt: 9147.6
Gen Tax: 3418
Specials Inst: 0
High School: ********
Square Ft. Source:
Above Grade Finished Area:
Below Grade Finished Area:
Below Grade Unfinished Area:
Total SqFt.: 1884
Style: Array
Total Bedrooms: 4
Total Bathrooms: 2
Total Full Baths:
Garage Type:
Garage Stalls: 2
Waterfront:
Property Features
Exterior:
Roof:
Foundation:
Lot Feat/Fld Plain: Array
Interior Amenities:
Inclusions: ********
Exterior Amenities:
Heat System:
Air Conditioning:
Utilities: