311 N Prairie Street, Lake City, MN 55041

Local realty services provided by:ERA Viking Realty
#1#2#3
311 N Prairie Street,Lake City, MN 55041
$285,000
  • - Beds
  • - Baths
  • 2,010 sq. ft.
  • Multi-family
  • Active
Listed by:amy ranae dills
Office:brick & banister real estate
MLS#:6704473
Source:NSMLS

Price summary

  • Price:$285,000
  • Price per sq. ft.:$105.17

About this home

Welcome to this beautifully maintained and income-producing duplex in a convenient and charming location! With over 2,000 finished square feet on a spacious 9,000 sq ft lot, this versatile property offers flexible living and investment potential. Each unit is updated and move-in ready, with separate electric meters, shared gas and water/sewer service, and thoughtful upgrades throughout. The main level (Snowdrop Apartment) features 3 bedrooms, 1 full bath, in-unit laundry, and beautifully refinished hardwood floors. The upper level (Marigold Apartment) includes 2 bedrooms, 1 ¾ baths, new carpet, fresh paint, updated light fixtures, and more. Both units are fully furnished and currently used as successful short-term rentals, generating over $33,500 in gross revenue in the past year. Additional features include a new roof (2024), updated landscaping, closed off interior stairwell for privacy, and a cozy backyard firepit area—perfect for outdoor relaxation. Driveway has minor cosmetic

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Home facts

  • Year built:1910
  • Listing Id #:6704473
  • Added:119 day(s) ago
  • Updated:August 14, 2025 at 03:14 PM

Rooms and interior

  • Living area:2,010 sq. ft.

Heating and cooling

  • Heating:Boiler

Structure and exterior

  • Roof:Age 8 Years or Less
  • Year built:1910
  • Building area:2,010 sq. ft.
  • Lot area:0.21 Acres

Utilities

  • Water:City Water - Connected
  • Sewer:City Sewer - Connected

Finances and disclosures

  • Price:$285,000
  • Price per sq. ft.:$105.17
  • Tax amount:$2,904 (2025)
Data is deemed reliable but is not guaranteed accurate by the MLS. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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