408 W Lyon Avenue, Lake City, MN 55041

Local realty services provided by:ERA Prospera Real Estate
408 W Lyon Avenue,Lake City, MN 55041
$324,900
  • - Beds
  • - Baths
  • 2,784 sq. ft.
  • Multi-family
  • Pending
Listed by:heidi hartzell
Office:lakes sotheby's international realty
MLS#:6704741
Source:NSMLS

Price summary

  • Price:$324,900
  • Price per sq. ft.:$77.8

About this home

Excellent Investment Opportunity – High-Producing Triplex Near Downtown! Don’t miss this well-maintained and income-generating triplex just minutes from downtown and the scenic River Walk! Featuring numerous updates throughout, this property boasts a strong rental history with reliable, long-term tenants. Each unit has separate entrances, offering a great mix of privacy and convenience for tenants. Whether you're an experienced investor or just getting started, this turn-key property is a fantastic addition to any portfolio.

Contact an agent

contact an agent

Yes, I would like more information from ERA®. Please use and/or share my information with an ERA affiliated agent to contact me about my real estate needs. By clicking Send message, I agree an ERA affiliated agent may contact me by phone or text message including by automated means about real estate services, and that I can access real estate services without providing my phone number. I acknowledge that I have read and agree to theTerms of useandPrivacy notice

Home facts

  • Year built:1889
  • Listing Id #:6704741
  • Added:114 day(s) ago
  • Updated:August 04, 2025 at 03:53 PM

Rooms and interior

  • Living area:2,784 sq. ft.

Heating and cooling

  • Heating:Forced Air

Structure and exterior

  • Roof:Age 8 Years or Less
  • Year built:1889
  • Building area:2,784 sq. ft.
  • Lot area:0.17 Acres

Utilities

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

Finances and disclosures

  • Price:$324,900
  • Price per sq. ft.:$77.8
  • Tax amount:$4,166 (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.