314 N High Street, Lake City, MN 55041
Local realty services provided by:ERA Gillespie Real Estate



314 N High Street,Lake City, MN 55041
$285,000
- - Beds
- - Baths
- 2,179 sq. ft.
- Multi-family
- Active
Listed by:amy ranae dills
Office:brick & banister real estate
MLS#:6704643
Source:NSMLS
Price summary
- Price:$285,000
- Price per sq. ft.:$151.27
About this home
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!
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Home facts
- Year built:1901
- Listing Id #:6704643
- Added:116 day(s) ago
- Updated:August 05, 2025 at 06:54 PM
Rooms and interior
- Living area:2,179 sq. ft.
Heating and cooling
- Heating:Forced Air
Structure and exterior
- Year built:1901
- Building area:2,179 sq. ft.
- Lot area:0.22 Acres
Utilities
- Water:City Water - Connected
- Sewer:City Sewer - Connected
Finances and disclosures
- Price:$285,000
- Price per sq. ft.:$151.27
- Tax amount:$3,418 (2025)
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